In a widely expected move, Kansas City Southern (KSU Quick QuoteKSU ) pushed back the special meeting of its shareholders by a fortnight. It was originally scheduled for Aug 19 and will now be held on Sep 3, 2021. At the meeting, shareholders of Kansas City Southern are scheduled to vote in favor or against Canadian National Railway’s (CNI Quick QuoteCNI ) $33.6-billion offer.
Kansas City Southern’s decision to postpone the meeting is the latest in the slew of updates pertaining to its takeover.
Let’s recap the series of interesting events leading to the meeting being rescheduled briefly.
The first update on this story that hitherto dominated the railroad space came in March when another railroad operator Canadian Pacific Railway Limited (CP Quick QuoteCP ) inked a $29-billion deal to buy the Kansas City, MO-based railroad operator. In April, Canadian National made a $33.6-billion offer to purchase the same. While its offer was accepted by Kansas City Southern in May, the proposal by Canadian Pacific was rejected.
Hot Canadian Stocks To Watch For 2022: UMH Properties Inc.(UMH)
UMH Properties, Inc. (UMH) is a real estate investment trust. The firm engages in the ownership and operation of manufactured home communities. It leases manufactured home spaces to private manufactured home owners, as well as leases homes to residents. The firm invests in the real estate markets of New York, New Jersey, Pennsylvania, Ohio, and Tennessee. In addition, it invests in debt and equity securities of REITs. United Mobile Homes was incorporated in 1968. The company was formerly known as United Mobile Homes, Inc. UMH Properties is based in Freehold, New Jersey.
Advisors’ Opinion:
- [By Motley Fool Transcribers]
UMH Properties Inc (NYSE:UMH)Q42018 Earnings Conference CallMarch 08, 2019, 10:00 a.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
- [By Garrett Baldwin]
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Shares of General Electric Co. (NYSE: GE) continue to slump. The stock was off another 1%, a day after falling another eight percentage points. The downturn came after its CEO announced its industrial division will be cash-flow negative in 2019. Shares of PepsiCo Inc. (NYSE: PEP) were off 1% this morning after the stock received a downgrade from Credit Suisse Group AG (NYSE: CS). While the Swiss bank called PepsiCo a “high quality” business, it raised concerns about its need to heavily invest over several years into struggling business lines and snack products. It also raised concerns about the ongoing competitive threats in the industry. CS set a price target for Pepsi at $100 per share, which is well below yesterday’s trading price of $116. Look for other earnings reports from American Outdoor Brands Corp.(NASDAQ: AOBC), Burlington Stores Inc.(NASDAQ: BURL), Care.com Inc.(NASDAQ: CRCM), Chuy’s Holdings Inc.(NASDAQ: CHUY), El Pollo Loco Holdings Inc.(NASDAQ: LOCO), GNC Holdings Inc.(NYSE: GNC), H&R Block Inc.(NYSE: HRB), Hovnanian Enterprises Inc.(NYSE: HOV), Plug Power Inc.(NASDAQ: PLUG), andUMH Properties SH(NYSE: UMH).
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- [By Shane Hupp]
TRADEMARK VIOLATION NOTICE: “Loeb Partners Corp Has $1.44 Million Holdings in UMH PROPERTIES/SH SH (UMH)” was first reported by Ticker Report and is the property of of Ticker Report. If you are viewing this article on another domain, it was stolen and reposted in violation of U.S. and international trademark and copyright laws. The correct version of this article can be viewed at www.tickerreport.com/banking-finance/4159809/loeb-partners-corp-has-1-44-million-holdings-in-umh-properties-sh-sh-umh.html.
Hot Canadian Stocks To Watch For 2022: Tesoro Corporation(TSO)
Statements in this Annual Report on Form 10-K, that are not historical in nature should be deemed forward-looking statements that are inherently uncertain. See “Important Information Regarding Forward-Looking Statements” for a discussion of forward-looking statements and factors that could cause actual outcomes and results to differ materially from those projected.
As used in this annual report on Form 10-K, the terms “Tesoro,” the “Company,” “we,” “us” or “our” may refer to Tesoro Corporation, one or more of its consolidated subsidiaries or all of them taken as a whole. The words “we,” “us” or “our” generally include Tesoro Logistics LP (“TLLP”), a publicly traded limited partnership, and its subsidiaries as consolidated subsidiaries of Tesoro Corporation with certain exceptions where there are transactions or obligations between TLLP and Tesoro Corporation or its other subsidiaries. Advisors’ Opinion:
- [By Peter Graham]
A long term performance chart shows Valero Energy Corporation along with large cap peersMarathon Petroleum Corp (NYSE: MPC) and Andeavor (NYSE: ANDV), formerlyTesoro Corporation (NYSE: TSO),all giving a similar performance whilemid capWestern Refining, Inc (NYSE: WNR) has varied a bit from its peers:
Hot Canadian Stocks To Watch For 2022: Voya Asia Pacific High Dividend Equity Income Fund(IAE)
ING Asia Pacific High Dividend Equity Income Fund (the Fund) is a non-diversified, closed-end management investment company. The Funds investment objective is to provide total return through a combination of current income, capital gains and capital appreciation. The Fund invests in a portfolio of equity securities of Asia Pacific companies, including China, Hong Kong, Japan, Taiwan, South Korea, Malaysia, Thailand, India, Australia, New Zealand, Singapore, Indonesia, Pakistan and the Philippines, which pay dividends or derivatives linked to such securities. The Fund also seeks to enhance returns over a market cycle by selling call options on selected Asia Pacific Indices and/or equity securities of Asia Pacific companies.
The Funds investment advisor is ING Investments, LLC. Its sub-advisor is ING Investment Management Asia/Pacific (Hong Kong) Limited.
Advisors’ Opinion:
- [By Max Byerly]
Voya Asia Pacific High Divid Eqt Incm Fd (NYSE:IAE) reached a new 52-week low during trading on Wednesday . The stock traded as low as $8.89 and last traded at $8.90, with a volume of 100 shares traded. The stock had previously closed at $9.05.
