Mid Cap

$1 Billion to $10 Billion


Cypress and Spansion to Merge in $4 Billion All-Stock Transaction

Cypress Semiconductor (NASD: CY) and Spansion (NYSE: CODE) announced a definitive agreement to merge in an all-stock, tax-free transaction valued at approximately $4 billion.
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Newell Rubbermaid to Acquire Baby Jogger Holdings

Newell Rubbermaid (NYSE: NWL) announced it has signed a definitive agreement to acquire Baby Jogger Holdings, Inc. from The Riverside Company, a global private equity firm.
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Staples Operating Results, Bettering Expectations, Well Received by Shareholders

Staples (NASD: SPLS) announced results for its third quarter ended November 1, 2014.
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Newell Rubbermaid Announces Expansion and Extension of Stock Repurchase Program

Newell Rubbermaid (NYSE: NWL) announced today that its Board of Directors has approved an extension and expansion to the Company’s on-going share repurchase program.
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Wendy’s Operating Results Mixed; Continuing Realignment and Dividend Raised

Wendy’s (NASD: WEN) reported results for the third quarter ended September 28, 2014.
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Allscripts Operating Results Short of Expectations; Bookings Grow

Allscripts Healthcare Solutions (NASD: MDRX) announced financial results for the three and nine months ended September 30, 2014.
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Globalstar Operational Gains Affirm Strategic Direction

Globalstar (NYSE: GSAT) announced that for the three- and nine-month periods ended September 30, 2014, service revenue grew by 9% and 10%, respectively, to $18.5 million and $52.6 million.
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PennyMac Mortgage Quarterly Results Beat Estimates

PennyMac Mortgage Investment Trust (NYSE: PMT) reported net income of $54.9 million, or $0.69 per diluted share, for the third quarter of 2014, on net investment income of $106.5 million.
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Newell Rubbermaid Turnaround Continues as Results Generally Confirming Strategy[Template]

Newell Rubbermaid (NYSE: NWL) announced its third quarter 2014 financial results.
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Avon Products Misses Top Line but Beats Bottom Line

Avon Products (NYSE: AVP) reported third-quarter 2014 results that saw total revenue of $2.1 billion decrease 8%, but increase 1% in constant dollars over the year-earlier quarter.
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Distressed Investing Blog

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Looking for a Year-End Bounce: Stock Profit from Artificial Selling Pressures

Looking to cash in on timely tax loss selling and portfolio window dressing? These 10 year-end bounce stock picks represent the worst performers in the S&P 500 during calendar 2014, adjusted somewhat so that there is good diversification by industry group. Read More.

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TL Spotlight

George Putnam has always followed the same straight-forward and highly-profitable investment philosophy. He published his first Turnaround Letter issue back in 1986, and readers have seen extraordinary short and long-term stock profit ever since.


In fact, 12 of 2014's 13 closed-out purchase recommendations saw gains--with five of those enjoying total returns greater than 100%. The Turnaround Letter's average return for 2014's stock picks is +82%:


2014 Closed Out Purchase Recommendations

Value Stock Picks

* Calculation includes dividends and price changes between purchase recommendation and current price.


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