Attention, those of you who own The McGraw-Hill Companies (MHP): MHP announced a ticker change to MHFI effective on May 14th, 2013. Change the ticker on your Individual Stock Purchase Record from “MHP” to “MHFI” and continue trading like normal using the new ticker. LattcoPro clients: the adjustments have already been made and should be reflected in your account. If …
04/17/2013 – Corrections Corporation of America (CXW)
Attention, those of you who own Corrections Corporation of America (CXW): CXW announced a large special dividend of approximately $6.63 per share of CXW. Your shares will most likely be called away, but if they are not called away after April expiration, please call us and we will provide the steps necessary. If you have any questions, please don’t hesitate …
03/18/2013 – Leukadia National Corp. (LUK)
Attention, those of you who own Leukadia National Corp. (LUK): LUK announced a spin-off of Crimson Wine Group (CWGL). Shareholders will receive one share of CWGL for every ten shares of LUK. Due to the spin-off, you should sell your shares of LUK and CWGL and Transmogrify after March expiration. If you can close LUK for a profit, then you …
02/13/2013 – Focus Media Holding Ltd. (FMCN)
Attention, those of you who own Focus Media Holding Ltd. (FMCN): FMCN is the target of being privatized by the Carlyle Group (CG). Because of this proposal, the volatility and option premiums for FMCN are low. We recommend to sell your shares of FMCN and Transmogrify after February expiration. We’re here to help! Here is a link to the Transmogrification …
01/16/2013 – Abbott Laboratories (ABT)
Attention, those of you who own Abbott Laboratories (ABT): ABT announced a spin-off of AbbVie (ABBV). ABT will most likely will be called away along with the shares of ABBV, however if you still have this position after January expiration, please call us and we will provide the steps necessary. If you have any questions, please don’t hesitate to contact …
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