Corporate affairs that have not yet been made public. The officers of a firm would know in advance, for instance, if the company was about to be taken over, or if the latest earnings report was going to differ significantly from information released earlier. Under Securities and Exchange Commission rules, an Insider is not allowed to trade on the basis of such information.
Corporate affairs that have not yet been made public. The officers of a firm would know in advance, for instance, if the company was about to be taken over, or if the latest earnings report was going to differ significantly from information released earlier. Under Securities and Exchange Commission rules, an Insider is not allowed to trade on the basis of such information.
Legal term for information not available to the general public, but known by inside directors, principals in a firm planning a takeover of another company, and others. Officers, directors, and other corporate insiders owning at least 10% of a company's stock must report trades to the Securities and Exchange Commission.
Foreigner was arguably the finest band of AOR's late-'70s and early-'80s heyday. Unfortunately, after a decade of monstrous success and raking in truckloads of cash for themselves and Atlantic Records, 1987's Inside Information showed that the songwriting gas tank of guitarist/keyboardist Mick Jones and vocalist Lou Gramm was running low. Impeccable studio craftsmanship can't compensate for the lack of quality songs. There are a few solid tracks, but the album only sold a million copies -- paltry when compared to previous releases -- and it currently ranks as Foreigner's last major commercial success. The proceedings start promisingly enough with "Heart Turns to Stone," an energetic rock number that became a minor hit. "Say You Will" was Foreigner's last great Top Ten single. It's loaded with killer vocal and keyboard hooks. The bloodless, pleasantly tepid ballad "I Don't Want to Live Without You" actually made the Top Five; it has neither the passion of "Waiting for a Girl Like You" nor the soul of "I Want to Know What Love Is." "Inside Information" experiments a little with odd rhythms. "The Beat of My Heart" is notable only for the Spanish guitar intro by guest Hugh McCracken. The gritty "Face to Face" is an excellent album track. "Out of the Blue" is the only song written by the entire band -- Jones, Gramm, bassist Rick Wills, and drummer Dennis Elliott -- and that does give it a slightly more organic feel. ~ Bret Adams, All Music Guide
Foreigner (Main Performer), Lou Gramm (Vocals), Mick Jones (Guitar), Mick Jones (Keyboards), Mick Jones (Vocals (Background)), Mick Jones (Producer), Ian Lloyd (Vocals (Background)), Tom Bailey (Keyboards), Dennis Elliott (Drums), Frank Filipetti (Producer), Frank Filipetti (Engineer), Frank Filipetti (Mixing), Ted Jensen (Mastering), Kevin Jones (Synthesizer), Kevin Jones (Synclavier), Hugh McCracken (Spanish Guitar), Sammy Merendino (Electronic Percussion), Mark Rivera (Vocals (Background)), Peter-John Vettese (Keyboards), Rick Wills (Bass), Rick Wills (Vocals (Background)), Bob Defrin (Art Direction), Billy Miranda (Engineer), Billy Miranda (Assistant Engineer), E.J. Camp (Photography), Warren Austerer (Pre-Production Assistant), Roger Corbeau (Photography)
Inside Information is the sixth studio album by Americanrock band Foreigner, released in 1987. The album hit #15 on the Billboard 200 Albums Chart and was certified Platinum in the U.S. for sales exceeding one million copies.
"Say You Will" was released as the album's first single. Allmusic later noted that the single was a "good example" of the band's "balancing act" as "the guitar-heavy style of their early work gave way to slick arrangements that pushed electronics to the fore...temper(ing) its rock guitar edge...and Lou Gramm's quasi-operatic vocals...by thick layers of chiming synthesizers and an array of electronic textures."[1] The single reached #6 on the Billboard Hot 100 and became their fourth #1 hit on the BillboardHot Mainstream Rock Tracks chart, holding the top spot for four weeks. The song also became the band's third-highest charting hit in Germany, where it reached #22, faring even better in Switzerland, the Netherlands, and particularly Norway, where it reached #4. A rare CD single featured an extended remix version of the track.
The second single, "I Don't Want to Live Without You", reached #5 on the Hot 100. Markedly softer than any of their work to date, the record was their first and only #1 on the Adult Contemporary chart, after the more rousing ballads "Waiting for a Girl Like You" and "I Want To Know What Love Is" had reached #5 and #3 on that chart respectively. Allmusic would later observe that while "the end result lacked the distinctive rock touches of past Foreigner ballads," Lou Gramm "contributes a lead vocal that avoids histrionics in favor of an emotional but very smooth delivery" over "washes of synthesizer...fleshed out by soe meditative electric piano riffs".[2] Nevertheless, the song charted at mainstream rock radio, where it peaked at #18. The #5 Hot 100 peak was their best showing in six singles, yet despite being followed up by more impassioned, up-tempo material it would be their last major pop hit to date.
Further singles from the album included "Heart Turns to Stone", which had peaked at #7 on the Hot Mainstream Rock Tracks chart in an earlier non-commercial release only to rock radio but only managed #56 on the Hot 100 several months later, and the harder "Can't Wait", which matched the #18 Mainstream Rock Tracks charting of "I Don't Want To Live Without You" but failed to crack the Hot 100.[3] It was the last album to feature the classic '80s core lineup of Gramm, Jones, Wills and Elliott. The following year saw a successful solo album and singles from Lou Gramm and found Mick Jones releasing an album and producing for artists including Billy Joel.
