Obbligazioni in dollari Keep Calm And Invest Preferred Shares Usa (8 lettori)

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Blackwells Capital, which owns ~2% stake in Colony Capital (NYSE:CLNY), calls on the REIT's board to remove CEO and Chairman Thomas J. Barrack after the decline in shareholder equity value since the company's merger with NorthStar entities in January 2017.
Blackwells also points to a more than 80% decrease in share price since Colony's April 2015 internalization.
“Colony shareholders have endured ‘short-term pain,’ as Mr. Barrack calls it, continuously for five years as Colony has destroyed nearly $7B in shareholder equity,” said Blackwells Chief Investment Officer Jason Aintabi.
Blackwells also calls for the board to return capital to shareholders through a stock buyback, cut costs, replace its directors, impose a moratorium on related-party transactions, and start an independent investigation of the company's transactions and operations, among other actions.
Previously, Blackwells said it will nominate five candidates for Colony's board at the upcoming 2020 annual meeting.
 

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Blackwells Capital, which owns ~2% stake in Colony Capital (NYSE:CLNY), calls on the REIT's board to remove CEO and Chairman Thomas J. Barrack after the decline in shareholder equity value since the company's merger with NorthStar entities in January 2017.
Blackwells also points to a more than 80% decrease in share price since Colony's April 2015 internalization.
“Colony shareholders have endured ‘short-term pain,’ as Mr. Barrack calls it, continuously for five years as Colony has destroyed nearly $7B in shareholder equity,” said Blackwells Chief Investment Officer Jason Aintabi.
Blackwells also calls for the board to return capital to shareholders through a stock buyback, cut costs, replace its directors, impose a moratorium on related-party transactions, and start an independent investigation of the company's transactions and operations, among other actions.
Previously, Blackwells said it will nominate five candidates for Colony's board at the upcoming 2020 annual meeting.
Ottima mossa quella di BLACKWELLS... Tom Barrack lo reputo un disonesto che andrebbbe cacciato nel più breve tempo possibile
 

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DALLAS (March 5, 2020) – AmTrust Financial Services, Inc. (“AmTrust” or the “Company”) today announced it has entered into an agreement with Safeco Insurance, a Liberty Mutual company, to provide personal lines agents appointed with Republic General Agency a compelling opportunity to transition their Republic policies to Safeco beginning in the third quarter of 2020. AmTrust, a leading workers’ compensation and extended warranty provider, made the strategic decision to exit, pending regulatory approval, personal lines products written through its Republic carriers. The company is focused on leveraging their unique strengths to offer select commercial P&C products and services globally where it can differentiate its offering and bring added value. AmTrust believes the agreement with Safeco will provide a smooth transition for Republic personal lines policyholders across Texas, Louisiana, Oklahoma, Arkansas, Mississippi and New Mexico. “AmTrust is focused on our core lines where we are an industry leader and have decided to exit our personal lines business written directly through Republic,” says Jeffrey Fenster, EVP, Head of North American Specialty Risk at AmTrust Financial. “We selected Safeco as our carrier partner given what we consider to be their world-class book transfer capabilities and a proven track record for smooth transitions.” Safeco Insurance is a top three personal lines writer in the independent agency channel and was named the carrier champion of the independent agent in the 2019 Channel Harvest Study. “We have an unwavering dedication to our independent agency partners and look forward to bringing our bestin-class products, people, programs and service capabilities to Republic agents and policyholders,” says Gary Fischer, Senior Vice President of IA Channel Growth and Engagement at Safeco Insurance
 

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Ottima mossa quella di BLACKWELLS... Tom Barrack lo reputo un disonesto che andrebbbe cacciato nel più breve tempo possibile
Colony Capital calls Blackwells Capital's renewed calls for change at Colony Capital (NYSE:CLNY), including the removal of Chairman and CEO Tom Barrack, as "yet another effort to hide its lack of coherent strategy behind personal attacks against Colony's board and management team."
Colony points out that Blackwells agreed to three new directors a year ago and the full board unanimously approved the company's CEO succession plan and its pivot to digital infrastructure.
The board and management "are confident in its ongoing strategic pivot, and will continue to advance that strategy to drive long-term value for all shareholders," Colony said in a statement.
The company points out that Colony insiders own ~9.5% of the company's outstanding shares, and Blackwells owns less than 1.9% and already has disproportionate representation on the board.
 

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The Baltic Dry Index increased 3.01% to 617 points in London to make it 16 straight days in a row of pushing higher.
The Baltic Dry Index bottomed out at 411 on February 10.
 

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