LMHB News and Press, Legg Mason Inc. 5.45% Junior Subordinated Notes due 2056 From 05/20/20

This has arguably been the toughest time in merger arbitrage in years. The coronavirus has wreaked havoc on pretty much everything in the world, M&A included. Deals that were signed before the uncertainty of the virus were done at valuations that might not make sense in our new world. H...

The COVID-19 pandemic has ended the 11-year bull market, and stock prices have dropped precipitously. These are troubling times, but Trouble is Opportunity . Many high-quality dividend growth stocks that traded at premium valuations just two months ago are available at discounts now! This...

Introduction The Dividend Champions list is a monthly compilation of companies which have consistently increased their annual dividend payouts, and the latest edition may be found here . However, since this list is only produced once per month, the data in it can quickly get out of date. Fu...

The S&P 500 ( SPY ) produced its worst quarterly return since the Financial Crisis, shedding over 19%. Bigger was still better through. The S&P MidCap 400 Index ( MDY ) produced a -29.7% total return in the first quarter. This was 4% worse than the -25.6% quarterly return during the fo...

The government's $2 trillion emergency relief package caused shares to skyrocket this week; however, the helicopter-Ben style package may inadequately address mid-term economic instability. If so, then this week's rapid run-up could be a short-term sugar high that wears off in April once disma...

Last week, I wrote "it's time to take a step back, breathe deep, and objectively identify money-making opportunities," and I reminded investors that "if you were in cash during the top 10 best days in the stock market over the past 20 years, then your overall return is half what it would've ...

Don’t Double Count I am sympathetic to most bearish sentiments (see here and here ), but am trying to be careful to not double count our problems. For example, I am quite concerned about Covid-19, but am wary of a lot of the statistics floating around the media. For example, some...

Introduction The Dividend Champions list is a monthly compilation of companies which have consistently increased their annual dividend payouts, and the latest edition may be found here . However, since this list is only produced once per month, the data in it can quickly get out of date. Fu...

Author's note: This article was released to CEF/ETF Income Laboratory members on Feb. 24, 2020. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in the last week, as well as to highlight re...

Background According to a recent study by Gartner, average duration to finalize a merger or acquisition from the time of public announcement has risen more than 30 percent in the last decade. Gartner analyzed more than 23000 deals among S&P1200 companies since 2010 to come up with th...