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HCN Stock Watch: SHLD takes a dip

BY HBSDEALER Staff

Tuesday’s closing figures were a mixed and fairly uneventful bag, though Sears did take a notable blow of -4.06%.

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Edgeware responds to trademark ruling

BY HBSDealer Staff

In response to the recent HCN article highlighting EdgeCraft Corporation’s trademark litigation against the Smith’s Consumer Products Edgeware brand, Smith’s CEO Dan Glidden has released the following statement:

“We were disappointed to learn about the decision handed down regarding our Edgeware trademark registrations. While we strongly disagree with this decision, Smith’s Consumer Products, Inc., with over 127 years of experience in the knife sharpening category , stands behind our extensive line of Edgeware and Smith’s sharpening products and kitchen tools.
 
The United States Patent and Trademark office granted Smith’s a valid Edgeware trademark in 2009 and we have subsequently used the Edgeware name in good faith and in compliance with all legal requirements. We have worked diligently to build a strong brand and we are fully committed to continue providing our retail partners with innovative, quality knife sharpeners and kitchen tools for the home cook. At this point we are evaluating our options and are committed to resolving this issue as quickly as possible.”

Last week, a panel of federal judges ruled in favor of EdgeCraft, whereupon Smith’s must now cancel its three Edgeware trademark registrations.

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Weyerhaeuser elects a new corporate secretary

BY HBSDealer Staff

Weyerhaeuser’s board of directors has elected Devin Stockfish as their new corporate secretary, effective July 1, 2013.

"Since joining Weyerhaeuser in March of this year, Devin has proven himself to be a quick study who demonstrates extraordinary professionalism and brings a valuable set of skills and experience to the company," said Sandy McDade, senior vice president and general counsel. "He is an outstanding addition to our leadership team."

Stockfish is taking the place of assistant general counsel Claire Grace, who will remain on board as until her retirement, set for Aug. 16. Grace was Weyerhaeuser’s corporate secretary for the past 13 years. Stockfish has been on board as assistant general counsel since March of this year.

Previously, the Columbia Law graduate was VP & associate general counsel at Univar Inc., an attorney in the securities and corporate law group at Starbucks Corporation, and a practitioner of corporate law at K&L Gates LLP.

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