Mid Cap

$1 Billion to $10 Billion

ARTICLES

THC Reports Revenues of $2.5 Billion

Tenet Healthcare Declared First Quarter 2013 Results

May 30, 2013
On April 30, 2013, Tenet Healthcare Corporation (NYSE: THC) reported financial results for the first quarter ended March 31, 2013.
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FDML Board of Directors Elects Kevin P. Freeland

Federal Mogul Announced Election of Co-CEO of Federal-Mogul Corporation and CEO, Global Aftermarket

May 29, 2013
On May 29, 2013, The Board of Directors of Federal-Mogul Corporation (NASDAQ: FDML), a global supplier of powertrain and safety technologies, and of leading brands in the worldwide automotive aftermarket, announced the election of Kevin P. Freeland to the position of Co-Chief Executive Officer of Federal-Mogul Corporation and Chief Executive Officer, Federal-Mogul's Vehicle Components Segment (VCS), effective June 17, 2013.
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POR Increases Quarterly Dividend to $0.275

Portland General Announced Dividend Increase

May 22, 2013
On May 22, 2013, the Board of Directors of Portland General Electric Company (NYSE: POR) declared a quarterly common stock dividend of $0.275 per share.
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CY Declares Dividend of $0.11 per Share

Cypress Semiconductor Announced Quarterly Cash Dividend

May 13, 2013
On May 13, 2013, Cypress Semiconductor Corp. (NASDAQ: CY) announced that its Board of Directors has approved a quarterly cash dividend of $0.11 per share payable to holders of record of the Company's common stock at the close of business on June 27, 2013.
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WEN Reports Net Income of $2.1 Million

Wendy’s First Quarter Financials Released

May 8, 2013
On May 8, 2013, The Wendy’s Corporation (NASDAQ: WEN) reported unaudited results for the first quarter ended March 31, 2013.
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DAL Declares Plan to Return More Than $1 Billion to Shareholders

Air Lines Announced a Balanced Capital Deployment Program

May 8, 2013
On May 8, 2013, Delta Air Lines (NYSE:DAL) announced a balanced capital deployment program aimed at creating up to $5 billion of value for shareholders, including returning more than $1 billion to shareholders over the next three years.
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UAL Reports a Decrease of 3.8% in Revenue Passenger Miles

United Reported April 2013 Operational Performance

May 7, 2013
On May 7, 2013, United Airlines (NYSE: UAL) reported April 2013 operational results.
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NWL Declares First Quarter Net Income of $54.2 Million

Newell Rubbermaid Reported First Quarter Financials

May 3, 2013
On May 3, 2013, Newell Rubbermaid (NYSE: NWL) announced first quarter 2013 results.
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CPN Reports First Quarter Adjusted EBITDA of $286 Million

Calpine Corporation Announced First Quarter 2013 Results

May 2, 2013
On May 2, 2013, Calpine Corporation (NYSE: CPN) reported first quarter 2013 Adjusted EBITDA of $286 million, compared to $325 million in the prior year period, and Adjusted Free Cash Flow of $(43) million, or $(0.10) per diluted share, compared to $(27) million, or $(0.06) per diluted share, in the prior year period.
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Strong brand recognition and effective corporate initiatives could reward investors.

Purchase Recommendation - May 2013

May 1, 2013
This mid-cap retailer has struggled to regain its economic footing ever since the 2008-09 recession, but we believe the company is now poised to grow profitability and return value to its long-suffering shareholders.
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Time to Pay the Piper: 7 Strategies to Minimize Tax Pain

“No taxes can be devised which are not more or less inconvenient and unpleasant.” ~ George Washington Read More.

Europe’s Not Out of the Woods Yet, But…

The latest banking crisis in Europe, this time in the tiny island nation of Cyprus, shows that the continent has not yet truly solved its financial problems. It has only applied a series of band-aids that have temporarily averted disaster, but have not yet provided a firmer long-term footing for the Euro-bloc. There could be another crisis of confidence at almost any time, with Italy and Spain being the most likely instigators. Read More.

What did The Turnaround Letter see that others did not?

Questions & Tips

AskGeorge

Why are you still recommending MGIC?

I don’t normally comment on individual stocks in this particular blog, but the MGIC situation represents a basic investment principle that is worthy of discussion here.

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How important are Price-to-Earnings (P/E) ratios in evaluating turnaround stocks?

Price-to-Earnings ratios are probably the most widely used tool for comparing the relative values of different stocks.

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