Latest Central Europe and Russia Fund (CEE) Headli
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Downtrend Call Working As Central Europe and Russia Fund Stock Falls 24.8% (CEE)
Comtex SmarTrend(R) - Thu Mar 13, 11:10AM CDT
SmarTrend identified a Downtrend for Central Europe and Russia Fund (NYSE:CEE) on November 29th, 2013 at $32.87. In approximately 3 months, Central Europe and Russia Fund has returned 24.84% as of today's recent price of $24.70.
Central Europe and Russia Fund Has Returned 20.2% Since SmarTrend Recommendation (CEE)
Comtex SmarTrend(R) - Thu Mar 06, 9:56AM CST
SmarTrend identified a Downtrend for Central Europe and Russia Fund (NYSE:CEE) on November 29th, 2013 at $32.87. In approximately 3 months, Central Europe and Russia Fund has returned 20.19% as of today's recent price of $26.23.
Central Europe and Russia Fund Shares Down 15.9% Since SmarTrend's Sell Call (CEE)
Comtex SmarTrend(R) - Thu Feb 27, 9:28AM CST
SmarTrend identified a Downtrend for Central Europe and Russia Fund (NYSE:CEE) on November 29th, 2013 at $32.87. In approximately 3 months, Central Europe and Russia Fund has returned 15.90% as of today's recent price of $27.64.
13.7% Return Seen to Date on SmarTrend Central Europe and Russia Fund Call (CEE)
Comtex SmarTrend(R) - Wed Feb 19, 5:17PM CST
SmarTrend identified a Downtrend for Central Europe and Russia Fund (NYSE:CEE) on November 29th, 2013 at $32.87. In approximately 3 months, Central Europe and Russia Fund has returned 13.74% as of today's recent price of $28.35.
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. Announces Commencement of Tender Offer
Business Wire - Fri Feb 14, 4:00PM CST
The Central Europe, Russia and Turkey Fund, Inc. (NYSE:CEE) (the "Fund") announced the commencement of a self-tender offer on the terms and subject to the conditions set forth in the Fund's Offer to Repurchase and the related Letter of Transmittal, which are being mailed to stockholders commencing today.
Central Europe and Russia Fund Down 15.0% Since SmarTrend Downtrend Call (CEE)
Comtex SmarTrend(R) - Tue Feb 11, 11:06AM CST
SmarTrend identified a Downtrend for Central Europe and Russia Fund (NYSE:CEE) on November 29th, 2013 at $32.87. In approximately 2 months, Central Europe and Russia Fund has returned 15.02% as of today's recent price of $27.93.
Central Europe and Russia Fund Has Returned 16.1% Since SmarTrend Recommendation (CEE)
Comtex SmarTrend(R) - Tue Feb 04, 9:43AM CST
SmarTrend identified a Downtrend for Central Europe and Russia Fund (NYSE:CEE) on November 29th, 2013 at $32.87. In approximately 2 months, Central Europe and Russia Fund has returned 16.14% as of today's recent price of $27.56.
Downtrend Call Working As Central Europe and Russia Fund Stock Falls 13.6% (CEE)
Comtex SmarTrend(R) - Tue Jan 28, 9:26AM CST
SmarTrend identified a Downtrend for Central Europe and Russia Fund (NYSE:CEE) on November 29th, 2013 at $32.87. In approximately 2 months, Central Europe and Russia Fund has returned 13.59% as of today's recent price of $28.40.
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.
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.
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.
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.
The Central Europe, Russia and Turkey Fund, Inc. and The New Germany Fund, Inc. Announce Commencement of Tender Offers
Business Wire - Wed Jul 31, 4:10PM 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 the commencement of a self-tender offer on the terms and subject to the conditions set forth in the Fund's Offer to Repurchase and related Letter of Transmittal, which are being mailed to stockholders commencing today.
Three European funds declare next tender offer measurement period and extension of share repurchases
M2 - Mon Jul 29, 6:01AM CDT
A non-diversified, closed-end investment company, the Central Europe Russia and Turkey Fund Inc (CEE) (NYSE:CEE) and diversified, closed-end investment companies, the European Equity Fund Inc (EEA) (NYSE:EEA) and the New Germany Fund Inc (GF) (NYSE:GF) (all together, the funds) stated on Friday that each one's next measurement period will begin on 16 September 2013 and expire on 6 December 2013.
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 and Extension of Share Repurchases
Business Wire - Fri Jul 26, 4:10PM CDT
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, September 16, 2013 and will expire on Friday, December 6, 2013. The measurement period is being set in accordance with the terms of each Fund's previously-announced Discount Management Program (each a "Program"). Pursuant to the Programs, each Fund's Board of Directors approved a series of up to four, consecutive, semi-annual tender offers each for up to 5% of the Fund's outstanding shares of common stock at a price equal to 98% of net asset value ("NAV") if the Fund's shares trade at an average discount to NAV of more than 10% during the applicable twelve-week measurement period.
The Central Europe, Russia and Turkey Fund, Inc., The European Equity Fund, Inc., and The New Germany Fund, Inc. Announce Results of Each Fund's Annual Meeting of Stockholders
Business Wire - Wed Jun 26, 4:10PM CDT
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 each Fund's Annual Meeting of Stockholders held on June 26, 2013.
The Central Europe, Russia and Turkey Fund, Inc. and The New Germany Fund, Inc. Announce Upcoming Tender Offers
Business Wire - Tue Jun 25, 4:15PM CDT
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 each Fund's Discount Management Program (the "Program"), the Board of Directors of each Fund has approved a cash tender offer for up to 5% of the Fund's issued and outstanding shares of common stock at a price equal to 98% of its net asset value ("NAV") per share as determined by the Fund on the next business day after the date on which the offer expires. 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. If more than 5% of a Fund's outstanding shares are tendered in the offer and the Fund purchases shares in accordance with the terms of the tender offer, the Fund will purchase shares from tendering stockholders on a pro rata basis. Subj