By Howard Gold, MarketWatch
I was right to be bullish on U.S. stocks, but I missed on bonds, energy
In this, my last column of the year, I'll review whether No-Nonsense Investing kept you on the right side of the markets or even ahead of the curve.
By Mia Lamar and Daniel Inman
Losses are moderate across the rest of the region
Shanghai stocks sank on Tuesday, in the market's second-worst percentage decline of the year, with steep declines for banks, energy firms and construction companies.
CALGARY, ALBERTA and TORONTO, ONTARIO --
Sign-up for 2014/12/23 - PEERLESS SYSTEMS CORP. INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Peerless Systems Corp. (PRLS) Over the Proposed Sale of the Company to Mobius Acquisition, LLC. investment picks
Vornado Realty Trust (NYSE:VNO) (“Vornado”) announced today that its
Board of Trustees approved the spin-off of its subsidiary, Urban Edge
Properties (“UE”), by way of a distribution of all of UE’s outstanding
common shares to Vornado’s common shareholders and to the holders of
common limited partnership units of Vornado Realty L.P. (“VRLP”).
Following the distribution, UE will be an independent, publicly-traded
company listed on the New York Stock Exchange (the “NYSE”) under the
symbol “UE”. Vornado common shares will continue to trade on the NYSE
under the ticker symbol “VNO”.
The distribution of UE common shares is expected to occur on January 15,
2015 (the “Distribution Date”). Vornado will distribute all of its UE
common shares by way of a pro rata special distribution to Vornado
Nuveen Investments, a leading global provider of investment services to
institutions as well as individual investors, today announced the
optional redemption price payable on the MuniFund Term Preferred (MTP)
shares called for redemption by the Nuveen California AMT-Free Municipal
Income Fund (NYSE: NKX ). The fund will redeem all of its
outstanding MTP shares on December 29, 2014.
Select Income REIT (NYSE: SIR) today announced that the U.S. Securities
and Exchange Commission (SEC) has declared effective its registration
statement on Form S-4 relating to the previously announced merger
agreement between SIR and Cole Corporate Income Trust, Inc. (CCIT).
Completion of the merger is contingent upon approval of SIR and CCIT
shareholders, and both companies plan to hold special meetings on
January 27, 2015.
Spotlight Capital Holdings, Inc. (OTC Pink Current: SLCH) confirms today
that it has reached agreement with a major US-based finance group to
utilize that finance group’s existing credit facility at a top-5 US
By Carla Mozee, MarketWatch
Thorntons slides as it warns on profit
LONDON (MarketWatch) -- U.K. stocks finished higher Tuesday, with consumer-products heavyweight Unilever PLC gaining following the purchase of two well-known brands, while the pound dropped to a more than one-year low following a double dose of disappointing news about the economy.
Former United States Securities and Exchange Commission attorney Willie
Briscoe and the securities litigation firm of Powers
Taylor LLP are investigating potential claims against the Board of
Directors of Caesars Acquisition Co.
Sign-up for 2014/12/23 - CACQ SHAREHOLDER ALERT: Levi & Korsinsky, LLP Launches Investigation of the Board of Directors of Caesars Acquisition Company Regarding the Fairness of the Sale of the Company to Caesars Entertainment Corporation -- CACQ investment picks
By Chelsey Dulaney
Bookstore chain to split into two companies next year
Barnes & Noble Inc. will buy back Pearson PLC's stake in its flagging Nook division, as the largest U.S. bookstore chain prepares to split itself into two separate companies next year.
By Greg Robb, MarketWatch
WASHINGTON (MarketWatch) -- Orders for long-lasting goods critical to U.S. economic growth unexpectedly declined in November, as an expected boost from Boeing airplane orders failed to materialize.
Radian Group's stock (RDN) ran up 7.8% in premarket trade Tuesday, after its Radian Guaranty mortgage insurance subsidiary agreed to sell its stake in Radian's financial guaranty insurance business, Radian Asset Assurance, for about $810 million in cash to Assured Guaranty Corp.
Radian Guaranty Inc., the mortgage insurance subsidiary of Radian Group
Inc. (NYSE: RDN), announced today that it has entered into a Stock
Purchase Agreement to sell 100% of the issued and outstanding shares of
Radian Asset Assurance Inc., Radian’s financial guaranty insurance
subsidiary, to Assured Guaranty Corp., a subsidiary of Assured Guaranty
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