12/13/2017-Consol Energy Inc. (CNX) ***UPDATE***

Attention, those of you who own Consol Energy Inc. (CNX):  CNX has announced a separation of its coal and natural gas sectors into two publicly-traded companies. More information on this announcement can be found here. You will receive 12.5 shares of a new stock, CEIX,  for every 100 shares of your CNX position. On Trade Day, please place a trade in your …

12/13/2017-M.D.C. Holdings, Inc. (MDC)

Attention, those of you who own M.D.C. Holdings, Inc. (MDC):  MDC has announced a special 8% stock dividend. The dividend will take the form of a distribution of additional shares of MDC stock. Owners of MDC will receive 8 additional share of stock for every 100 shares owned on the date of record, which is December 5th. Concurrent with this, the …

12/7/2017-General Cable Corp. (BGC)

Attention, those of you who own General Cable Corp. (BGC):  BGC is the target of an acquisition by Prysmian Group. The acquisition will include a payment of $30 per share for every outstanding share of BGC. Because of this agreement, you should sell your shares of BGC on Trade Day, and Transmogrify if necessary. If you are able to sell your shares …

11/17/2017-CalAtlantic Group, Inc. (CAA)

Attention, those of you who own CalAtlantic Group, Inc. (CAA):  CAA is the target of an acquisition by Lennar Corporation (LEN). The acquisition will include a receipt of 0.885 shares of LEN for every 1 share of CAA that is owned, or a direct payment of $48.26 for every share of CAA. Because of this agreement, you should sell your shares of …

11/17/2017-Consol Energy Inc. (CNX)

Attention, those of you who own Consol Energy Inc. (CNX):  CNX has announced a separation of its coal and natural gas sectors into two publicly-traded companies. More information on this announcement can be found here. At this time, we are not recommending any further action be taken with regards to CNX. Continue to trade the position by the tenets of the …

10/31/2017 – Coach, Inc. (COH)

Attention, those of you who own Coach, Inc. (COH): COH has undergone a name and symbol change to Tapestry, Inc. (TPR). All outstanding shares of COH will be replaced with shares of TPR, and all outstanding COH options have been replaced with corresponding TPR options. You will need to update your worksheets to reflect this change at your earliest convenience. Lattco …

10/18/2017-Blackberry Limited (BBRY)

Attention, those of you who own Blackberry Limited (BBRY): BBRY has begun trading on the New York Stock Exchange, and has changed its trading symbol to BB. All outstanding shares of BBRY have been replaced with an equal number of shares of BB. You will need to update your worksheets to reflect this change at your earliest convenience. Lattco PRO/AutoPilot Users: …

9/11/2017-Swift Transportation Company (SWFT)

Attention, those of you who own Swift Transportation Company (SWFT):  SWFT has announced a merger with Knight Transportation, Inc. (KNX), and a resultant reverse stock split. All shareholders of SWFT will receive 72 shares of KNX for every 100 shares currently owned of SWFT. Because of this merger, you should sell the shares of KNX on Trade Day, and transmogrify if …

9/13/2017-Atwood Oceanics, Inc. (ATW)

Attention, those of you who own Atwood Oceanics, Inc. (ATW):  ATW is the target of an acquisition by Ensco plc (ESV). The acquisition will include a receipt of 1.6 shares of ESV for every 1 share of ATW that is owned. Because of this agreement, you should sell your shares of ATW on Trade Day, and Transmogrify if necessary. If you are …

7/25/2017-Staples, Inc. (SPLS)

Attention, those of you who own Staples, Inc. (SPLS):  SPLS is being taken private by Sycamore Partners. The acquisition will include a buyout of $10.25 for each outstanding share of SPLS. Because of this agreement, you should sell your shares of SPLS on Trade Day, and Transmogrify if necessary. If you are able to sell your shares above your average cost, …