Chemicals; Construction Materials; Containers & Packaging; Metals & Mining; Paper & Forest Products


Court Approves LDK Prepack

LDK Solar Systems Plan Confirmed

The U.S. Bankruptcy Court entered an order confirming LDK Solar Systems' Prepackaged Plan of Reorganization.
Read More

Freeport-McMoRan to Purchase up to $1.25 Billion of Senior Notes

Freeport-McMoRan (NYSE: FCX) announced a modified “Dutch Auction” cash tender offer by its subsidiary, Freeport-McMoRan Oil & Gas LLC, for several series of its notes.
Read More

Dow Chemical Declares 14% Dividend Increase; Adds $5 Billion to Share Repurchase Program

Dow Chemical (NYSE: DOW) announced that its Board of Directors has declared a 14 percent increase in the Company’s dividend, from $0.37 per share to $0.42 per share in the fourth quarter.
Read More

Declining Metals Prices Crimp Freeport-McMoRan Results, but Operating Results Better Estimates

Freeport-McMoRan (NYSE: FCX) reported net income attributable to common stock of $552 million, $0.53 per share, for third-quarter 2014, compared with $821 million, $0.79 per share, for third-quarter 2013 and $1.5 billion, $1.47 per share, for the first nine months of 2014, compared with $2.0 billion, $1.96 per share, for the first nine months of 2013.
Read More

Builders FirstSource Reports Top-Line Growth with Bottom Line Crimped by Investments

Builders FirstSource (NASD: BLDR) reported results for the third quarter ended September 30, 2014 that included a year-over-year sales increase of 7.9% to $434.9 million.
Read More

Dow Chemical Solid Quarterly Results Well Received by Shareholders

Dow Chemical (NYSE: DOW) reported sales of $14.4 billion in the latest quarter, up 5 percent versus the year-ago period.
Read More

Freeport-McMoRan Sells Canadian Mining Operation for $1.8 billion Cash

Freeport-McMoRan (NYSE: FCX) announced that it will sell its 80 percent ownership interest in the Candelaria/Ojos del Salado copper mining operations and supporting infrastructure to Lundin Mining Corporation (TSX:LUN)(OMX:LUMI) for $1.8 billion in cash and contingent consideration of up to $0.2 billion.
Read More

Dow Chemical Updates Planned Divestments and Outlines Other Portfolio Actions

The Dow Chemical Company (NYSE: DOW) today announced several updates regarding divestiture and portfolio management actions.
Read More
Asbestos Bankruptcy Plan Approved

Pittsburgh Corning District Court Affirmation Granted

The U.S. District Court affirmed the U.S. Bankruptcy Court's May 2013 confirmation order for Pittsburgh Corporation's Modified Third Amended Plan of Reorganization.
Read More
Reichhold Reorganizes

Reichhold Holdings Chapter 11 Petition Filed

Privately-held Reichhold Holdings and three affiliated Debtors filed for Chapter 11 protection...
Read More

Profit from The Turnaround Letter's...

  • Market-Beating Investment Results
  • 28+ Years of Turnaround Experience
  • Diverse Stock Picks for Today's Unpredictable Market

Distressed Investing Blog

Distressed Investing Blog

Nothing Happened in October, Right?

The S&P 500 is up about 0.6% for the month. That makes the month seem pretty uneventful and benign. But for anyone following the stock market day-by-day, October seemed anything but uneventful and benign. Learn how contrarians can leverage this information for value stock opportunity. Read More.

Free Stock Report


Put George Putnam's 28+ years of market-beating, contrarian investing advice to work for you, and give your portfolio a boost with this FREE stock report.

Current Total Returns


Value Stock Profit

Total returns cover the fulll year 2013.

Note: Returns are not adjusted for inflation.


Read More.

Sample Issue

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, 11 of this year's 12 sales recommendations saw gains--with five of those enjoying total returns greater than 100%. The Turnaround Letter's average profit for 2014's closed out stock picks is +82%:


2014 Closed Out Purchase Recommendations

Value Stock Picks

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


Learn more.