Wall Street Journal (May 4)
“Companies will need to jump through more hoops to buy back their stock.” A new rule adopted by the SEC will require “more disclosure from public companies about share repurchases starting in the fourth quarter,” including daily data on buybacks, whether directors or officers sold shares within four days of a buyback, and the rationale for the buyback. The SEC believes this will “make it easier for analysts to compare the timing of buybacks and insider trades, or to identify buybacks designed to boost executive compensation or earnings per share.”
Tags: Analysts, Buybacks, Directors, Disclosure, EPS, Executive compensation, Hoops, Insider trades, Officers, Public companies, Q4, Rationale, SEC, Share repurchases, Stock, Timing
Atlanta Journal-Constitution (November 22)
“The deadliest threat facing law enforcement officers in Georgia isn’t being shot, stabbed or run over by assailants—it’s COVID-19. Since the pandemic began, at least 60 Georgia police officers, deputies and jailers have died from the virus,” killing four times as many as violence or accidents.
Tags: Assailants, COVID-19, Deadliest threat, Georgia, Law enforcement, Officers, Pandemic, Police, Run over, Shot, Stabbed, Violence
New York Times (March 1)
Four decades of private equity “financial bonanza” may be coming to an end after Judge Jed Rakoff ruled that “the former directors and officers of Jones Group could be held liable for approving the [highly leveraged] sale of the company, since it later went bankrupt.” Going forward, “officers and directors had better think twice before agreeing to sell a company to a buyout firm. What had for decades been considered a virtue — selling a company for a market-clearing price to the benefit of existing shareholders — might have become a vice.”
Tags: Bankrupt, Buyout firm, Directors, Financial bonanza, Jones Group, Leveraged, Liable, Market clearing, Officers, Private equity, Rakoff, Sell, Shareholders, Vice, Virtue
CNN (August 20)
“Someone gets shot an average of about once per hour. That was the sobering reality in Chicago this weekend, when at least 58 people were shot.” Chicago’s “latest rash of violence happened despite an additional 600 officers on the streets.”
USA Today (July 7)
Recent shooting deaths of minorities by police, most recently in Minneapolis, have highlighted the need for significant reforms and better policing. “With a lack of national standards among our nation’s estimated 17,000 police agencies, individual officer and organizational competencies range from outstanding to notoriously bad. There is far too much variation and lack of agreement on what constitutes ‘good’ policing.”
Tags: Deaths, Minneapolis, Minorities, National standards, Officers, Police, Policing, Reforms, Shooting, U.S.
Wall Street Journal (June 1)
At this year’s annual Shangri-La Dialogue in Singapore, tensions were on full display. Chinese officers spoke in ways that “only reinforced fears that Beijing is on a collision course with the U.S. They accused the U.S. and Japan of using coercion and acting hegemonically, when everyone else in region says that describes Chinese behavior.”
Tags: Beijing, China, Coercion, Collision course, Japan, Officers, Shangri-La Dialogue, Singapore, Tension, U.S.
