Mergers & Acquisitions

Federated Municipal Closed-End Funds Commence Tender Offers for Auction Market Preferred Shares

Federated Municipal Closed-End Funds Commence Tender Offers for Auction Market Preferred Shares PR Newswire PITTSBURGH, Nov. 9, 2011 PITTSBURGH , Nov. 9, 2011 /PRNewswire/ — Federated Premier Municipal Income Fund (NYSE: FMN) and Federated Premier Intermediate Municipal Income Fund (NYSE: FPT) each announced today that it commenced a voluntary tender offer for up to 100% of its outstanding auction market preferred shares (AMPS) […]

Stock Analysts

DOW, Mitsui Complete Joint Venture (DD) (DOW)

The largest U.S. chemicals manufacturer, The Dow Chemical Company ( DOW ) and Mitsui & Co., Ltd., of Japan, completed their previously announced 50:50 joint venture in Brazil after securing all necessary governmental and regulatory approvals. The makes Mitsui a 50% equity partner in Dow’s operation in Santa Vitoria, Minas Gerais, Brazil […]

Stock Analysts

Earnings Scorecard: Pitney Bowes (PBI) (SI)

Pitney Bowes Inc’s ( PBI ) third-quarter fiscal 2011 earnings per share of $0.69 was above the Zacks Consensus Estimate of 54 cents and prior-year earnings of $0.55. Earnings in the quarter benefited $0.05 per diluted share from insurance reimbursements and $0.08 per diluted share from IRS tax settlement. In the previous two quarters, the company’s earnings suffered from loss due to the fire at the company’s Dallas presort facility, which in the reported quarter was offset by the insurance reimbursements. […]

Mad Money Episodes

Cramer’s High Yield Portfolio

[cnbc 3000056367] Investors looking for stocks that can protect in a chaotic market should put Windstream, Solar Capital, Energy Transfer partners, American Electric Power, and Sanofi-Aventis in their portfolio, for a combined yield of 7.5%. […]

Fast Money Episodes

Look Ahead to GOP Debate

[cnbc 3000056324] A preview of what will be the hot topics at Wednesday’s GOP debate, with Anthony Scaramucci, SkyBridge Capital and finance chair for Mitt Romney’s campaign. […]

Stock Analysts

Comerica to Redeem $24M TruPS (CMA) (MTB)

Comerica Incorporated ( CMA ) has announced to fully redeem about $24 million in trust preferred securities (TruPS). These include redemption of floating rate TruPS of $20 million, issued by Sterling Bancshares Statutory Trust One and $4 million of TruPS issued by BOTH Capital Trust I. Comerica stated that both these TruPS will be redeemed at par, coupled with accrued and unpaid distributions until the redemption date. […]

Fast Money Episodes

Apple Worries & Cisco Earnings Trade

[cnbc 3000055658] The Fast Money traders weigh in on Apple supply chain problems; Jefferson County, Alabama files for municipal bankruptcy, and its impact on muni bonds, and an update on Green Mountain Coffee, with CNBC’s Herb Greenberg. Also, a break down of Cisco’s earnings, with Colin Gillis, BGC Financial, senior technology analyst. […]