WDR News and Press, Waddell & Reed Financial Inc. From 01/13/21

Waddell & Reed Financial, Inc. (NYSE: WDR) today reported preliminary assets under management of $74.8 billion for the month ended December 31, 2020, compared to $72.4 billion on November 30, 2020. Cautionary Statement The preliminary information included in this n...

LPL Financial will be acquiring Waddell & Reed's wealth management business. The deal makes sense strategically and offers ample financial upside as well. Flexing the key assumptions, I see a ~5-6% deal accretion outcome as very reasonable. LPL's organic growth prospects i...

Waddell & Reed declines in excess of recent dividend payment. Broader market starts the year with strong positive return. Merger arbitrage cash spreads advance in a positive start to the new year. For further details see: Merger Arbitrage Analysis And Spread Performa...

NEW YORK, NY / ACCESSWIRE / January 8, 2021 / Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Cardtronics plc (NASDAQ:CATM) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties ...

Like every week on my TEV blog, I want to show you some stocks that will go ex-dividend in the next few days. I'll also review a few companies currently in the focus of investors or that have an attractive fundamental valuation. Additionally, I'll give you some insights into my re...

Waddell & Reed Financial (WDR) declares $0.25/share quarterly dividend, in line with previous.Forward yield 3.97%Payable Feb. 1; for shareholders of record Jan. 11; ex-div Jan. 8.See WDR Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Waddell & R...

I like to add closed-end funds trading at a discount to NAV to my portfolio. The Macquarie Global Infrastructure Total Return Fund offers access to very interesting stable cash flows through infrastructure across the globe. The portfolio is differentiated enough, and looks like ma...

Sogou continues its decline following previous deal update. Sogou merger arbitrage simple spread widens to largest gap since deal announcement. Merger arbitrage cash spreads produce a negative return for first time in almost 3 months. For further details see: Merger Arbi...

Franklin has added considerable debt with its Legg Mason merger. Upfront valuations are lower than non-financials, but deservedly so for a low growth business setup. Weak trading momentum in its shares is still a warning sign, especially if U.S. stocks and bonds turn lower again. ...

Waddell & Reed Financial (WDR) reports November AUM of $72.4B vs. $66.2B on October 31, 2020.Market appreciation added $6.66B to the AUM.Retail $68.9B, Institutional $3.4B.Press Release For further details see: Waddell & Reed Financial November AUM up 9.3% to $72.4M