Latest New Germany Fund (GF) Headlines Webcast
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Webcast Conference on The Central Europe, Russia and Turkey Fund, (CEE), The European Equity Fund (EEA), and The New Germany Fund (GF)
Marketwire - Tue Feb 18, 2:08PM CST
The Germany Funds are pleased to announce their webcast conference "Review and Outlook", taking place on Tuesday, March 4, 2014 at 11:00 a.m.(ET).
The Central Europe, Russia and Turkey Fund, Inc., The European Equity Fund, Inc., and The New Germany Fund, Inc. Announce Next Tender Offer Measurement Period
Business Wire - Mon Jan 27, 4:00PM CST
The Central Europe, Russia and Turkey Fund, Inc. (NYSE:CEE), The European Equity Fund, Inc. (NYSE:EEA) and The New Germany Fund, Inc. (NYSE:GF) (each, a "Fund," and, collectively, the "Funds") announced today that each Fund's next measurement period will commence on Monday, April 7, 2014 and will expire on Friday, June 27, 2014. The measurement period is being set in accordance with the terms of each Fund's previously-announced Discount Management Program (each a "Program"). The terms of each Program require a Fund to conduct a tender offer if its shares trade at an average discount to net asset value of more than 10% during the applicable twelve-week measurement period.
Shares of GF Up 68.6% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Mon Dec 23, 4:45PM CST
SmarTrend identified an Uptrend for New Germany Fund (NYSE:GF) on July 30th, 2012 at $14.10. In approximately 17 months, New Germany Fund has returned 68.64% as of today's recent price of $23.77.
The Central Europe, Russia and Turkey Fund, Inc., The New Germany Fund, Inc., and The European Equity Fund, Inc. Make Yearly Distribution Announcements
Business Wire - Fri Dec 20, 4:00PM CST
The Central Europe, Russia and Turkey Fund, Inc. (NYSE:CEE) and The New Germany Fund, Inc. (NYSE:GF) each announced today that its Board of Directors declared the distributions set forth below. Each Fund's total distributions will be paid in stock except that any stockholder of record as of December 31, 2013 may elect to receive such distribution in cash.
New Germany Fund Has Returned 60.2% Since SmarTrend Recommendation (GF)
Comtex SmarTrend(R) - Mon Dec 16, 11:00AM CST
SmarTrend identified an Uptrend for New Germany Fund (NYSE:GF) on July 30th, 2012 at $14.10. In approximately 17 months, New Germany Fund has returned 60.20% as of today's recent price of $22.58.
The Central Europe, Russia and Turkey Fund, Inc., The European Equity Fund, Inc., and The New Germany Fund, Inc. Announce Results of Tender Offer Measurement Period
Business Wire - Mon Dec 09, 4:00PM CST
The Central Europe, Russia and Turkey Fund, Inc. (NYSE:CEE), The European Equity Fund, Inc. (NYSE:EEA), and The New Germany Fund, Inc. (NYSE:GF) (each, a "Fund," and collectively, the "Funds") announced today the results of a twelve-week measurement period that began on Monday, September 16, 2013, and expired on Friday, December 6, 2013, in accordance with each Fund's previously announced Discount Management Program (the "Program"). At the conclusion of the measurement period, shares of common stock of CEE had traded at an average discount to net asset value ("NAV") of -10.36%, shares of common stock of EEA had traded at an average discount to NAV of -9.33%, and shares of common stock of GF had traded at an average discount to NAV of -9.06%, in each case during the twelve-week measurement period. The terms of the Program require a Fund to conduct a tender offer if its shares trade at an average discount to NAV of more than 10% during the applicable twelve-week measurement period. Therefore, CEE will conduct its tender offer for up to 5% of its outstanding shares at a price equal to 98% of NAV, but EEA and GF will not conduct a tender offer.
59.3% Return Seen to Date on SmarTrend New Germany Fund Call (GF)
Comtex SmarTrend(R) - Mon Dec 09, 9:38AM CST
SmarTrend identified an Uptrend for New Germany Fund (NYSE:GF) on July 30th, 2012 at $14.10. In approximately 17 months, New Germany Fund has returned 59.35% as of today's recent price of $22.46.
Uptrend Call Working As New Germany Fund Stock Rises 61.7% (GF)
Comtex SmarTrend(R) - Mon Dec 02, 9:11AM CST
SmarTrend identified an Uptrend for New Germany Fund (NYSE:GF) on July 30th, 2012 at $14.09. In approximately 16 months, New Germany Fund has returned 61.69% as of today's recent price of $22.79.
New Germany Fund Shares Up 59.6% Since SmarTrend's Buy Recommendation (GF)
Comtex SmarTrend(R) - Fri Nov 22, 4:41PM CST
SmarTrend identified an Uptrend for New Germany Fund (NYSE:GF) on July 30th, 2012 at $14.10. In approximately 16 months, New Germany Fund has returned 59.63% as of today's recent price of $22.50.
New Germany Fund Has Returned 59.8% Since SmarTrend Recommendation (GF)
Comtex SmarTrend(R) - Fri Nov 15, 11:00AM CST
SmarTrend identified an Uptrend for New Germany Fund (NYSE:GF) on July 30th, 2012 at $14.10. In approximately 16 months, New Germany Fund has returned 59.84% as of today's recent price of $22.53.
New Germany Fund Up 61.0% Since SmarTrend Uptrend Call (GF)
Comtex SmarTrend(R) - Fri Nov 01, 9:11AM CDT
SmarTrend identified an Uptrend for New Germany Fund (NYSE:GF) on July 30th, 2012 at $14.10. In approximately 15 months, New Germany Fund has returned 60.98% as of today's recent price of $22.69.
Uptrend Call Working As New Germany Fund Stock Rises 55.2% (GF)
Comtex SmarTrend(R) - Thu Oct 17, 11:01AM CDT
SmarTrend identified an Uptrend for New Germany Fund (NYSE:GF) on July 30th, 2012 at $14.10. In approximately 15 months, New Germany Fund has returned 55.16% as of today's recent price of $21.87.
45.5% Return Seen to Date on SmarTrend New Germany Fund Call (GF)
Comtex SmarTrend(R) - Wed Sep 18, 11:01AM CDT
SmarTrend identified an Uptrend for New Germany Fund (NYSE:GF) on July 30th, 2012 at $14.10. In approximately 14 months, New Germany Fund has returned 45.51% as of today's recent price of $20.51.
Shares of GF Up 37.2% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Wed Sep 04, 9:14AM CDT
SmarTrend identified an Uptrend for New Germany Fund (NYSE:GF) on July 30th, 2012 at $14.10. In approximately 13 months, New Germany Fund has returned 37.21% as of today's recent price of $19.34.
The Central Europe, Russia and Turkey Fund, Inc. and The New Germany Fund, Inc. Announce Final Results of Tender Offers
Business Wire - Wed Sep 04, 7:30AM CDT
Each of The Central Europe, Russia and Turkey Fund, Inc. (NYSE:CEE) and The New Germany Fund, Inc. (NYSE:GF) (each, a "Fund," and together, the "Funds") announced today that, in accordance with its respective tender offer for up to 5% of its issued and outstanding shares of common stock, which offer expired at 5:00 p.m. Eastern time on August 28, 2013, CEE has accepted 608,323 and GF has accepted 801,417 properly tendered shares at a price per share equal to 98% of each Fund's respective net asset value ("NAV") per share as determined by each Fund on August 29, 2013. Each Fund normally calculates its NAV per share at 11:30 a.m. New York time on each day during which the New York Stock Exchange is open for trading. 8,703,871.655 shares of CEE's common stock, or 71.54% of its common stock outstanding, and 9,921,048.09 shares of GF's common stock, or 61.90% of its common stock outstanding, were tendered through the stated expiration date. The tender offer for each Fund was oversubscribed, meaning that pursuant to the terms of each tender offer, not all shares that were tendered were accepted for payment by the Funds. Under the final pro-ration calculations, 6.99% of CEE's shares and 8.08% of GF's shares that were tendered have been accepted for payment by the respective Fund. The shares accepted for payment will receive cash at a repurchase offer price of $32.55 for CEE and $20.95 for GF, each of which prices is equal to 98% of the respective Fund's NAV per share as determined by each Fund on August 29, 2013. Those shares that were tendered but not accepted for payment will continue to be held by their record owners.
The Central Europe, Russia and Turkey Fund, Inc. and The New Germany Fund, Inc. Announce Expiration and Preliminary Results of Tender Offers
Business Wire - Thu Aug 29, 7:30AM CDT
Each of The Central Europe, Russia and Turkey Fund, Inc. (NYSE:CEE) and The New Germany Fund, Inc. (NYSE:GF) (each, a "Fund," and together, the "Funds") announced today the expiration and preliminary results of its tender offer for up to 608,323 and 801,417 shares of its shares of common stock, respectively, representing approximately 5% of each Fund's issued and outstanding shares. The tender offer expired at 5:00 p.m. Eastern time on Wednesday, August 28, 2013.