Fifth Third Bank (NASDAQ: FITB) has entered into an agreement to sell 17 branch banking locations, the retail accounts, certain private banking deposits and related loan relationships in the Pittsburgh MSA to First National Bank of Pennsylvania.
Weyerhaeuser Company (NYSE: WY) announced that its board of directors declared a dividend on the company’s common shares of $0.31 per share, reflecting a 6.9 percent increase from the prior quarterly dividend of $0.29 per share.
GE (NYSE: GE) announced an agreement to sell GE Capital Bank’s U.S. online deposit platform along with all deposits of GE Capital Bank, including online savings accounts, online CDs and brokered CDs, to Goldman Sachs Bank USA (“GS Bank”).
GE (NYSE: GE) announced that it has reached an agreement to sell $8.5 billion of healthcare-related loans and its Healthcare Financial Services (HFS) U.S. lending business to Capital One for approximately $9 billion.
George Putnam has suceessfully invested in distressed companies for nearly 30 years and The Turnaround Letter's market-beating returns demonstrate the profit potential. He knows all the pitfalls, too--which he shares in this free report!
We believe that it is very important not to let the market volatility spook you into bailing out of stocks or taking other similar drastic action. While it may be painful to ride out a sharp downturn, that is the best strategy. The market will recover from any of these downdrafts, usually quite quickly.
Your Financial Security is Serious Business...
so why should you trust The Turnaround Letter?
Ranked as #1 Performing Newsletter for 15-Yr. Returns: Turnaround Letter's 12.3% vs. S&P's 2.2%
29+ Years of Turnaround Investing Experience & Reliable Stock Market Advice
Diverse Monthly Stock Picks Personally Selected by George Putnam
2015 Stock Profit
George Putnam's Turnaround Letter has enjoyed market-beating returns for nearly 30 years now and 2015 is no different: 10 of this year's 12 sale recommendations have seen increases--with four of those 100% or higher. Despite recent stock market turbulence, 2015's closed out stock picks have realized an average gain of 69% thus far.
The chart below reflects The Turnaround Letter's past five sale recommendations.