09/13/2023 – Express, Inc. (EXPR)

Attention, those of you who own Express, Inc. (EXPR): EXPR has enacted a 1 for 20 reverse stock split. As a result, some alterations need to be made to your Snider Investment Method worksheets. Lattco PRO & Lattco AutoPilot clients: the adjustments have been made for you and should be reflected in your account by next Trade Day. We’re here to help! If …

07/19/2023 – BorgWarner Inc. (BWA)

Attention, those of you who own BorgWarner Inc. (BWA): BWA has announced a spin-off of Phinia Inc. (PHIN). Owners of BWA will receive 20 shares of PHIN for every 100 shares of BWA that they owned as of the close of business on the date of record, July 3, 2023. Owners of BWA should receive the shares of PHIN to …

04/27/2023 – Bed Bath & Beyond Inc (BBBY)

Attention, those of you who own Bed Bath & Beyond Inc. (BBBY): BBBY 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 …

04/18/2023 – Black Knight Inc. (BKI)

Attention, those of you who own Black Knight Inc. (BKI): you likely received correspondence related to a proposed merger between BKI and Intercontinental Exchange, Inc. (ICE). There are a number of shareholder and regulatory hurdles that this proposed merger will need to address before it is agreed upon or completed. For this reason, we are recommending that you take no …

3/02/2023 – Rent-A-Center Inc. (RCII)

Attention, those of you who own Rent-A-Center Inc. (RCII): RCII has undergone a name and symbol change to Upbound Group, Inc. (UPBD). All outstanding shares of RCII have been replaced with shares of UPBD, and all outstanding RCII options have been replaced with corresponding UPBD options. Lattco users will need to update your worksheets to reflect this change at your …

2/16/2023 – Blucora, Inc. (BCOR)

Attention, those of you who own Blucora, Inc. (BCOR): BCOR has undergone a name and symbol change to Avantax, Inc. (AVTA). All outstanding shares of BCOR have been replaced with shares of AVTA, and all outstanding BCOR options have been replaced with corresponding AVTA options. Lattco users will need to update your worksheets to reflect this change at your earliest …

11/28/2022 – Fidelity National Financial Inc. (FNF)

Attention, those of you who own Fidelity National Financial Inc. (FNF): FNF has announced a spin-off of F&G Annuities & Life Inc. (FG). Owners of FNF will receive 6.8 shares of FG for every 100 share of FNF that they owned as of the close of business on the date of record, November 22, 2022. Owners of FNF should receive …

11/1/2022 – XPO Logistics (XPO)

Attention, those of you who own XPO Logistics (XPO): XPO has completed a spin-off of a new company, RXO. You will receive one share of RXO for every share that you owned of XPO on the date of record, October 20th, 2022. Please note: If you did not own shares of XPO on or prior to October 20th, you will …

06/17/2022 – Realogy Holdings Corp. (RLGY)

Attention, those of you who own Realogy Holdings Corp. (RLGY): RLGY has undergone a name and symbol change to Anywhere Real Estate Inc. (HOUS). All outstanding shares of RLGY have been replaced with shares of HOUS, and all outstanding RLGY options have been replaced with corresponding HOUS options. Lattco users will need to update your worksheets to reflect this change …

06/02/2022 – CDK Global, Inc. (CDK)

Attention, those of you who own CDK Global, Inc. (CDK): CDK is the target of an acquisition by Brookfield Business Partners. The proposed acquisition includes a buyout of $54.87 per share for all outstanding shares of CDK. Because of this proposed acquisition, you should sell your shares of CDK and transmogrify on Trade Day, if necessary. If the average cost …