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03.25.2009 5:18 pm

Sun Capital reduces stake in Furniture Brands

St. Louis Post-Dispatch

A month ago, T. Scott King resigned from the board of Furniture Brands International. Now King’s firm, Sun Capital Partners, is taking some of its money out of Furniture Brands’ shares.

Sun told the SEC today that it sold 718,608 shares of the…

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03.13.2009 6:06 pm

Money-losing Furniture Brands pays $10 million in bonuses

St. Louis Post-Dispatch

When a Furniture Brands International director quit suddenly last month, the company mentioned a disagreement over executive pay. We still don’t know what the dispute was about, but with the filing of the company’s proxy statement last week, we do…

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02.26.2009 9:36 am

Furniture Brands director quits over pay dispute

St. Louis Post-Dispatch

Sun Capital Partners waged a fierce proxy fight last year to gain three seats on the board of Furniture Brands International. Now, one of Sun’s directors has resigned, partly because of a dispute over executive pay.

T. Scott King, a Sun…

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01.05.2009 11:44 am

Commerce, Esco shares join the gainers for 2008

St. Louis Post-Dispatch

A year-end rally meant that six St. Louis companies saw their stock prices rise in 2008, up from the four I highlighted in a previous post. Commerce Bancshares and Esco Technologies eked out gains to join the four solid performers…

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10.13.2008 5:53 pm

Two local stocks missed the melt-up

St. Louis Post-Dispatch

The page that I use to monitor local stocks was nearly all green today, as the Dow Jones Industrials posted their biggest one-day point gain ever. Only two St. Louis companies bucked the trend: Huttig Building Products was down 7…

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09.27.2007 10:43 am

Department of shameless self-promotion

St. Louis Post-Dispatch

For some reason, CNBC has developed a healthy curiosity about the St. Louis economy and has asked a certain Post-Dispatch columnist/blogger to appear on its Power Lunch” program tomorrow (Friday). I’ll be on shortly after 11 a.m. (central time)  along with…

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