Attention, those of you who own Southwestern Energy Corporation (SWN): SWN has completed a merger with Chesapeake Energy Corporation (CHK). The merger has resulted in a new company, Expand Energy Corporation (EXE). As part of the merger, all holders of SWN have received 0.0867 shares of EXE in exchange for every 1 share of SWN that you previously held. As …
09/18/2024 – Southern Copper Corporation (SCCO)
Attention, those of you who own Southern Copper Corporation (SCCO): SCCO has made a special distribution of shares to holders of the position. The distribution occurred on the date of payment for the most recent dividend for SCCO, August 26th. In addition to the regular cash dividend of $0.60 per share, holders of SCCO received 0.0056 shares of SCCO for …
09/18/2024 – Tupperware Brands Corporation (TUP)
Attention, those of you who own Tupperware Brands Corporation (TUP): TUP has filed for Chapter 11 bankruptcy. 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 close the TUP …
09/18/2024 – LL Flooring (LL)
Attention, those of you who own LL Flooring (LL): LL has filed for Chapter 11 bankruptcy and has changed its ticker symbol to LLFLQ. 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 …
07/17/2024 – Six Flags Entertainment Corporation (SIX)
Attention, those of you who own Six Flags Entertainment Corporation (SIX): SIX has completed a merger with Cedar Fair L.P.; more can be read about the merger here. As a result of this merger, the company has changed ticker symbols to FUN; furthermore, the merger includes a trade of 0.58 shares of FUN for every 1 share of SIX that …
05/15/2024 – Guess? Inc (GES)
Attention, those of you who own Guess? Inc (GES): GES has announced a special dividend consisting of a payment of $2.25 per share for all outstanding shares of GES. More information on the special dividend can be found here. Holders of GES will receive the special dividend payment for every share of GES that was owned on the date of …
04/23/2024 – Express Inc. (EXPR)
Attention, those of you who own Express Inc. (EXPR): EXPR has filed for Chapter 11 bankruptcy and has changed its ticker symbol to EXPRQ. 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 …
04/17/2024 – 3M Company (MMM)
Attention, those of you who own 3M Company (MMM): MMM has completed a spinoff of a new company, Solventum Corporation (SOLV). More information on this spinoff can be found here. As part of the spinoff, holders of MMM stock will receive one share of SOLV for every four shares of MMM owned on the date of record, March 18th 2024. …
01/18/2024 – Chico’s FAS, Inc. (CHS)
Attention, those of you who own Chico’s FAS, Inc. (CHS): CHS has been acquired by Sycamore Partners. The acquisition includes a buyout of $7.60 per share for all outstanding shares of CHS. The transaction was completed on 1/8/2024; on that date, your shares of CHS were removed from your account and you will have received payment in the amount of …
01/17/2024 – DISH Network Corp. (DISH)
Attention, those of you who own DISH Network Corp. (DISH); DISH has completed a merger with Echostar Corporation (SATS). More information on the merger can be found here. The merger includes a trade of 0.35 shares of SATS for every 1 share of DISH previously owned. As a result, some alterations need to be made to your Snider Investment Method …
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