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.
Wednesday, May 27, 2009
Zales Exits Bailey, Banks and Biddle Contingent Liability
Zales (NYSE:ZLC) snuck this one out in the earnings release. They are trying to efficiently exit the Bailey, Banks and Biddles contingent liability. Nothing on dollar value. No previous information in any recent press release.