4/13/2016-Peabody Energy Corporation (BTU)

Attention, those of you who own Peabody Energy Corporation (BTU): BTU has entered bankruptcy. This will likely leave the stock price with little or no value in the future. At this time we recommend selling the shares on next Trade Day and recognizing the loss in the Snider Investment Method®. We recommend these steps to close the BTU position: • Sell all your …

4/7/2016-The Fresh Market, Inc. (TFM)

Attention, those of you who own The Fresh Market, Inc. (TFM). TFM is being taken private by Apollo Global Management. The acquisition will include the exchange of all outstanding shares of TFM for $28.50 in cash. Because of this agreement, you should sell your shares of TFM as soon as possible, and Transmogrify if necessary. If you are able to …

3/18/2016-ArcelorMittal SA (MT)

Attention, those of you who own ArcelorMittal SA (MT): MT has undertaken a plan to raise $3 billion in capital to pay a portion of its outstanding debt. As part of this plan, new stock rights have been issued, under the symbol MTWS. If you currently hold MT in your brokerage account, you will have received a quantity of MTWS …

2/18/2016-Apollo Education Group Inc. (APOL)

Please view the latest update here. Attention, those of you who own Apollo Education Group Inc. (APOL): APOL has entered into a definitive agreement to be acquired by The Vistria Group, LLC, and be taken private as a result. The tentative terms of the agreement include a buyout of $9.50 per share for all outstanding shares of APOL. Further details on …

2/16/2016-Men’s Wearhouse, Inc. (MW)

Attention, those of you who hold Men’s Wearhouse, Inc. (MW). MW has undergone a corporate restructuring, and has been subsumed by a new holding company, Tailored Brands Inc. (TLRD). Accordingly, MW has undergone a symbol change to TLRD, and all outstanding shares of MW have been replaced with an equal number of shares of TLRD. For more information on the …

1/12/2016-America Movil SAB (AMX)

Attention to those of you who own America Movil SAB (AMX):  AMX has announced a corporate restructuring, consisting of a spinoff of its mobile sites component into a new company, Telesites SAB de CV (SITESL:MM). As part of this spinoff, U.S. holders of AMX stock will receive cash compensation for the new shares of Telesites; we are currently in the …

12/16/2015-Computer Sciences Corporation (CSC)

Attention, those of you who own Computer Sciences Corporation (CSC): CSC has undergone a corporate restructuring, and has split itself into two separate companies. You will continue to own the same number of shares of CSC as you did before; however, you will also now own an equal number of the New CSRA position. Furthermore, you will also receive a dividend payment of …

11/18/2015-HP Inc. (HPQ)

Attention, those of you who own HP Inc. formerly Hewlett-Packard Company (HPQ): HP Inc. has undergone a corporate restructuring, and has split itself into two separate companies. You will continue to own the same number of shares of HPQ as you did before; however, you will also now own an equal number of shares of Hewlett Packard Enterprise Company (HPE). Furthermore, …

11/18/2015-HomeAway, Inc. (AWAY)

Attention, those of you who own HomeAway, Inc. (AWAY): AWAY has been acquired by Expedia Inc. (EXPE). The acquisition will include a buyout of $38.31 for each outstanding share of AWAY. Because of this agreement, you should sell your shares of AWAY as soon as possible, and Transmogrify if necessary.  If you are able to sell your shares above your average cost, there is no …

11/18/2015-KLA-Tencor Corporation (KLAC)

Attention, those of you who own KLA-Tencor Corporation (KLAC): KLAC has been acquired by Lam Research Corporation (LRCX). The acquisition will include the exchange of all outstanding KLAC shares for $32 in cash and 0.5 shares of LRCX. Because of this agreement, you should sell your shares of KLAC as soon as possible, and Transmogrify if necessary.  If you are able to sell your shares …