19.09 0.00 (0.00%)
After hours: 4:17PM EST
|Bid||0.00 x 1200|
|Ask||0.00 x 800|
|Day's Range||17.89 - 19.10|
|52 Week Range||16.26 - 30.05|
|Beta (3Y Monthly)||1.35|
|PE Ratio (TTM)||5.17|
|Earnings Date||Feb 4, 2019 - Feb 8, 2019|
|Forward Dividend & Yield||0.08 (0.43%)|
|1y Target Est||31.00|
Subsequent changes in holdings or intentions must be reported in amended filings. This material has been extracted from filings released by the SEC from Jan. 10 through Jan. 16, 2019. On Jan. 11, Luxor Capital disclosed its holding of 8,930,755 shares in the provider of management technology to the wellness-services industry.
The goal is to turn the manufacturer into a designer, developer, and value-added partner. Plus, news on 10 other investors’ filings.
GAMCO Investors, Inc. (“GAMCO”) (GBL) announced today that its Chairman and CEO, Mr. Mario J. Gabelli, has elected to waive all of his compensation that he would otherwise have been entitled to for the period from January 1, 2019 to March 31, 2019. GAMCO Investors, Inc., through its subsidiaries, manages open-end funds and closed-end funds (Gabelli Funds, LLC) and private advisory accounts (GAMCO Asset Management Inc.). Our disclosure and analysis in this press release, which do not present historical information, contain “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995.
A bankruptcy judge granted preliminary approval to iHeartMedia’s settlement of potential litigation by shareholders of billboard subsidiary Clear Channel Outdoor Holdings Inc.
Inc. from legal trouble will delay the radio broadcaster’s exit from chapter 11 until the new year. Inc. If approved, it would end litigation that accuses private-equity owners Bain Capital Partners LLC and Thomas H. Lee Partners L.P. of taking advantage of Clear Channel for iHeart’s benefit. The agreement would also allow iHeart to pay $150 million to eliminate the $1 billion debt it owes to Clear Channel, iHeart said.
In 2017, the CEOs of the top 350 companies in America had an average compensation of $18.9 million according to a study by the Economic Policy Institute. According to the EPI, these companies had a CEO-to-employee compensation ratio of 312-to-1. How do they make this compensation, and what has their tenure looked like?
Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. , announced The Gabelli RBI NextShares will pay a $0.0515 per share year end distribution payable on December 14, 2018 to shareholders of record on December 10, 2018.
Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. (GBL) (“GAMCO”), announced The Gabelli Food of All Nations NextShares (FOANC) will pay a $0.1993 per share year end distribution payable on December 14, 2018 to shareholders of record on December 10, 2018. All or part of the distribution may be treated as qualified dividend income for individuals, subject to the maximum federal income tax rate, which is currently 20% in taxable accounts for individuals (or zero depending on an individual’s tax bracket). In addition, certain U.S. shareholders who are individuals, estates, or trusts and whose income exceeds certain thresholds will be required to pay a 3.8% Medicare surcharge on their "net investment income," which includes dividends and short-term capital gains received from the Fund.
Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. (GBL) (“GAMCO”), announced The Gabelli Pet Parents’TM NextShares (PETZC) will pay a $0.0256 per share year end distribution payable on December 14, 2018 to shareholders of record on December 10, 2018. All or part of the distribution may be treated as qualified dividend income for individuals, subject to the maximum federal income tax rate, which is currently 20% in taxable accounts for individuals (or zero depending on an individual’s tax bracket). In addition, certain U.S. shareholders who are individuals, estates, or trusts and whose income exceeds certain thresholds will be required to pay a 3.8% Medicare surcharge on their "net investment income," which includes dividends and short-term capital gains received from the Fund.
As with all NextShares funds, the two Gabelli funds have been slow to collect assets since their debuts.
NEW YORK, Nov. 23, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
After careful consideration, the Board of Directors (the “Board”) of the Comstock Capital Value Fund (the “Fund”) approved calling a special meeting of shareholders, to be held as soon as possible, to consider a proposal to change the nature of the Fund’s business from a mutual fund registered under the Investment Company Act of 1940, as amended (the “1940 Act’) to an operating company, and to de-register the Fund as a registered investment company (“RIC”) with the Securities and Exchange Commission (the “Proposal”). In addition, if shareholders approve the Proposal, it is anticipated that the Fund will no longer be treated as a RIC under the U.S. Internal Revenue Code of 1986 and, instead, will be taxed as a “C” corporation.
Gabelli Funds, LLC (the “Adviser”), a subsidiary of GAMCO Investors, Inc. (GBL) (“GAMCO”), announced today that, after considering the recommendation of the Adviser, the Board of Trustees for each of the Gabelli Media Mogul NextShares™ and the Gabelli Pet Parents’™ NextShares™ (each a “Fund” and collectively, the “Funds”) determined that it would be in the best interests of Fund shareholders to reorganize each Fund as a no-load, open-end mutual fund registered under the Investment Company Act of 1940 (“1940 Act”). As part of a Reorganization, substantially all of the assets and liabilities of each Fund would be transferred to a new series of a new trust to be created at a future date (a “New Fund”).
GAMCO Investors, Inc. (GBL) announced today that it has agreed to the assignment of the separate accounts of Loeb Partners Corporation, a firm with over $400 million in assets under management for private wealth clients, endowments and foundations. Peter Tcherepnine will join GAMCO as a Senior Vice President in December to manage the portfolios for Loeb clients. Mr. Tcherepnine was born and educated in France and the United States and became a U.S. citizen in 1960.
The Board of Trustees of The GDL Fund (GDL) (the “Fund”) announces that it will evaluate potential strategic alternatives for the Fund including a common share rights offering, common share repurchases or changes to the distribution policy. The purpose would be to evaluate ways to enhance participation in what the Board believes to be an attractive environment to invest in merger arbitrage. Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing.
GAMCO Investors, Inc.(GAMCO) (GBL) announced today that its Board of Directors has approved a $0.20 per share contribution under its existing Shareholder Designated Charitable Contribution program for all registered Class A and Class B shareholders. GAMCO created its Shareholder Designated Charitable Contribution Program in April 2013. Since the inception of the program, GAMCO has donated more than $22 million to over 150 different charities on behalf of its shareholders.
On a per-share basis, the Rye, New York-based company said it had net income of $1.22. The investment manager posted revenue of $85.8 million in the period. Gamco Investors shares have decreased 32 percent ...
RYE, N.Y.-- -- Third quarter net income $35.0 million vs. $16.6 million a year ago Fully diluted earnings were $1.22 per share versus $0.55 per share Average AUM for quarter was $41.0 billion vs. $42.3 billion in 2017 quarter Investment grade rating reaffirmed by Standard & Poor’s Our “Giving Back” program unfolded with shareholder designated contributions totaling nearly $5 million bringing total ...
The Board of Trustees (the “Board”) of The Gabelli Global Utility & Income Trust (NYSE American:GLU) (the “Fund”) has approved a transferable rights offering which would allow the Fund’s record date common shareholders to acquire additional common shares and newly issued Series B Cumulative Puttable and Callable Preferred Shares (the “Series B Preferred”) (the “Offering”). The Offering to acquire additional common shares and Series B Preferred will be made only by means of a prospectus, and this announcement does not constitute an offer to sell, or a solicitation of an offer to buy, any of the Fund’s securities.
GAMCO Asset Management Inc. (GAMCO Investors, Inc. NYSE:GBL) announced today that Theresa Pope will join GAMCO’s institutional team as Vice President, Head of Consultant Relations. Ms. Pope will launch a dedicated effort to develop the firm’s relationships with the global investment consulting community. The role underscores GAMCO’s commitment to serving this important distribution channel and delivering superior risk adjusted returns and best in class service to our institutional clients.
This is the last chance to purchase next year's value conference tickets at the deep discount price of $675. Key speakers at the 2019 value conference include GAMCO Investors Inc. (GBL) CEO Mario Gabelli (Trades, Portfolio) and "Spain's Warren Buffett (Trades, Portfolio)" Francisco Garcia Parames ( Trades , Portfolio ) .
Gabelli Funds, a Diamond Sponsor at the IMPACT® Conference in Washington, DC will host a session for Advisors seeking insights on value equity investments and outlook for the market on Monday, October 29th, from 2:45 p.m. - 4:00 p.m. Christopher J. Marangi, the Co-Chief Investment Officer of Value Investments will lead an interactive session on the first day of the conference. Mr. Marangi will be joined by Sarah Donnelly, Portfolio Manager of the Teton Westwood Mighty Mites Fund and Ian Lapey, Portfolio Manager of the recently launched Gabelli Global Financial Services Fund.