09/18/2020 – CenturyLink (CTL)

Attention, those of you who own CenturyLink (CTL): CTL has undergone a name and symbol change to Lumen Technologis (LUMN). All outstanding shares of CTL have been replaced with shares of LUMN, and all outstanding CTL options have been replaced with corresponding LUMN options. Lattco users will need to update your worksheets to reflect this change at your earliest convenience. Lattco …

09/16/2020 – SunPower Corporation (SPWR)

Attention, those of you who own SunPower Corporation (SPWR): SPWR has announced a special dividend consisting of a spin-off of shares of Maxeon Solar Technologies (MAXN). More information on the spin-off can be found here. As part of this spin-off, holders of SPWR will receive 12.5 shares of MAXN for every 100 shares of SPWR owned on the date of …

08/21/2020 – Valaris plc (VAL)

Attention, those of you who own Valaris plc (VAL):  VAL has entered bankruptcy, and has changed its symbol to VALPQ. This will likely leave the stock price with little or no value in the future. At this time we recommend selling your shares on Trade Day and recognizing the loss in the Snider Investment Method®. We recommend these steps to …

08/19/2020 – Noble Corporation plc (NE)

Attention, those of you who own Noble Corporation plc (NE):  NE has entered bankruptcy, and has changed its symbol to NEBLQ. This will likely leave the stock price with little or no value in the future. At this time we recommend selling your shares on Trade Day and recognizing the loss in the Snider Investment Method®. We recommend these steps …

07/15/2020 – Occidental Petroleum Corporation (OXY)

Attention, those of you who own Occidental Petroleum Corporation (OXY): OXY has announced a distribution of warrants to current owners of OXY stock. Stockholders of record as of July 6, 2020 will receive 0.125 warrants for every 1 share of OXY owned. The distribution of the warrants is expected to be completed by August 3, 2020. To illustrate how this …

07/15/2020 – Chesapeake Energy Corporation (CHK)

Attention, those of you who own Chesapeake Energy Corporation (CHK):  CHK has entered bankruptcy, and has changed its symbol to CHKAQ. This will likely leave the stock price with little or no value in the future. At this time we recommend selling your shares on Trade Day and recognizing the loss in the Snider Investment Method®. We recommend these steps …

07/15/2020 – GNC Holdings Inc. (GNC)

Attention, those of you who own GNC Holdings Inc. (GNC):  GNC has entered bankruptcy, and has changed its symbol to GNCIQ. This will likely leave the stock price with little or no value in the future. At this time we recommend selling your shares on Trade Day and recognizing the loss in the Snider Investment Method®. We recommend these steps …

06/16/2020 – TIVO Corporation (TIVO)

Attention, those of you who own TIVO Corporation (TIVO):  TIVO has completed a merger with Xperi Corporation (XPER). The merger includes a trade of 0.455 shares of XPER for every 1 share of TIVO previously owned. Because of this merger, you should sell your shares of XPER on Trade Day, and Transmogrify if necessary. If you are able to sell your shares above …

05/21/2020 – J.C. Penney Company, Inc. (JCP)

Attention, those of you who own J.C. Penney Company, Inc. (JCP):  JCP has entered bankruptcy, and has changed its symbol to JCPNQ. This will likely leave the stock price with little or no value in the future. At this time we recommend selling your shares on Trade Day and recognizing the loss in the Snider Investment Method®. We recommend these …

04/28/2020 – CARBO Ceramics Inc. (CRR)

Attention, those of you who own CARBO Ceramics Inc. (CRR):  CRR has entered bankruptcy, and has changed its symbol to CRRTQ. This will likely leave the stock price with little or no value in the future. At this time we recommend selling the shares and recognizing the loss in the Snider Investment Method®. We recommend these steps to close the …