The sub-prime mortgage problem just got worse…a LOT worse. Last month, ING Direct assumed the insured deposits of NetBank. For once, an institution that I have actually heard of. What are insured deposits? That’s the balance in your checking or savings account that is backed by the U.S. government. And, [...]
Yahoo/Reuters: “Blank-Check” Companies Defy Weak IPO Market. Services Acquisition Corp. International, which floated shares in 2005 at $8, announced in March it would merge with U.S. restaurant chain Jamba Juice in a deal worth about $265 million.
I’ve Services Acquisition Corp. International contract to the web site, including the Jamba Juice Merger Agreement.
sharesleuth.com: Xethanol Corp.. Xethanol Corp. bills itself as a biotechnology-driven ethanol company that can turn wood chips, corn stalks and paper sludge into cheap alternative fuel. But a Sharesleuth.com investigation found no evidence that Xethanol (XNL: AMEX) has produced significant quantities of ethanol from those raw materials.
Sharesleuth is the latest project of Mark Cuban [...]
vnunet.com: Ex-Brocade CEO charged with securities fraud. The US Attorney’s Office, the Securities and Exchange Commission (SEC) and the FBI have filed criminal and civil securities fraud charges against Gregory Reyes, the former chief executive, president and chairman of storage firm Brocade Communications Systems.
I’ve added Brocade Communications Systems Inc. contracts to the site, including [...]
Lately, a lot of companies have been caught up in stock option backdating scandals. Here are all the Stock Option Agreements that I’ve archived so far. More to come later…
While we have categorized a lot of contracts, there are still so many more out there. If you can’t find a contract on our site, give EDGAR Full Text Search a try. Yes, the SEC finally lets you search SEC filings. However, it’s only for the past two years for now. [...]
Reuters: Liz Claiborne in CEO Talks with Estee Lauder Exec. Liz Claiborne Inc. is in final talks to hire Estee Lauder Cos. Inc. Group President Patrick Bousquet-Chavanne as the clothing company’s next chief executive and chairman, Women’s Wear Daily reported on Monday.
Liz Claiborne contracts have been added to the site. While we’re [...]
The Motley Fool: Is Escala licked? The homes and offices of Forum Filatelico and Afinsa Bienes Tangibles — the parent company of Escala — were raided by Spanish authorities and nine people were arrested on suspicion of various criminal charges. Essentially they are being charged with running a glorified confidence game.
I’ve posted Escala [...]
Washington Post: Google to Buy 5% Of AOL for $1 Billion. Google Inc. is buying a 5 percent stake in Dulles-based America Online Inc. for $1 billion as part of a far-reaching business and advertising partnership aimed at boosting AOL’s financial prospects as the Internet service struggles with the loss of millions of subscribers.
I know [...]
Dallas Business Journal: Aviall being sold to Boeing for $1.7B cash. Aviall Inc., an aviation parts and services company based in Dallas, says it is being acquired by Boeing in a $1.7 billion cash deal. Chicago-based Boeing (NYSE: BA), the world’s largest aerospace company and the largest manufacturer of commercial jetliners and [...]
