Accentuating the caveat emptor perspective with critical commentary on financial disclosure. I adopt a skeptical persona and look for chinks in the teflon coating of financial disclosure. My job is to identify financial warts. Perhaps a Black Swan. Disclosure: I do not hold positions in stocks mentioned for three trading days before or after blog post.
Thursday, July 27, 2006
Walmarts Union Problems
Walmart (NYSE:WMT) lost a major court decision in Canada. Walmart was attempting to prevent a provincial labor relations board from even hearing cases related to unionization of store workers. The courts have ruled that labor relations boards will hear labor relations matters. United Food and Commercial Workers Union is looking good. Watch for a strong unionized base to develop in Canada and then sweep down into the US. Cold air from Canada may have a new meaning.