Federated Investors' Ohio Municipal Cash Trust to Acquire $91 Million in Assets from Touchstone Ohio Tax-Free Money Market Fund
PR Newswire - Fri Mar 20, 7:30AM CDT
Federated Investors, Inc. (NYSE: FII), one of the nation's largest investment managers, and Touchstone Advisors, Inc., have reached a definitive agreement regarding the acquisition by Federated of certain assets relating to Touchstone's management of the Touchstone Ohio Tax-Free Money Market Fund, a series of Touchstone Tax-Free Trust. In connection with the acquisition, approximately $91 million in tax-free money market assets will be reorganized from the Touchstone Ohio Tax-Free Money Market Fund into Federated Ohio Municipal Cash Trust, a portfolio with a similar investment objective.
FII: 33.61 (+0.75)
Minerva Neurosciences Completes Private Placement, Raises $31 Million
GlobeNewswire - Wed Mar 18, 3:05PM CDT
Minerva Neurosciences, Inc. (Nasdaq:NERV) today announced that it has closed the private placement announced on March 13, 2015. Investors in the private placement included Federated Investors, Inc., Highland Capital, Perceptive Advisors, LLC, Cormorant Asset Management LLC, Johnson & Johnson Innovation - JJDC, Index Ventures and Dafna Capital Mgmt LLC.
JNJ: 102.40 (+0.71), NERV: 5.98 (-0.09), FII: 33.61 (+0.75)
Month-End Portfolio Data Now Available for Federated Investors' Closed-End Funds
PR Newswire - Mon Mar 16, 2:10PM CDT
Federated Investors, Inc. today announced that monthly fund composition and performance data for Federated Enhanced Treasury Income Fund (NYSE: FTT), Federated Premier Municipal Income Fund (NYSE: FMN) and Federated Premier Intermediate Municipal Income Fund (NYSE: FPT) as of Feb. 28, 2015, are now available in the Products section of FederatedInvestors.com. To order hard copies of this data or to be placed on a mailing list, call 800-245-0242 x5587538, email CEinfo@federatedinv.com or write to Federated Investors, 1001 Liberty Avenue, Floor 23, Pittsburgh, PA 15222.
FTT: 13.31 (+0.32), FMN: 14.72 (+0.06), FII: 33.61 (+0.75), FPT: 12.88 (+0.04)
Federated Investors, Inc. Announces Exclusive Arrangement with Reich & Tang Asset Management, LLC for Transition of Money Market Fund Shareholders
PR Newswire - Mon Mar 16, 8:15AM CDT
Federated Investors, Inc. (NYSE: FII), one of the nation's largest investment managers, today announced that it has entered into exclusive discussions with Reich & Tang Asset Management, LLC, to enable the shareholders of that firm's money market funds to transition into Federated money market funds with similar investment objectives.
FII: 33.61 (+0.75)
Federated Enhanced Treasury Income Fund Declares Monthly Distribution
PR Newswire - Wed Mar 11, 7:45AM CDT
Federated Enhanced Treasury Income Fund (NYSE: FTT) today announced the monthly distribution under its managed distribution plan. Under the plan, the fund makes monthly cash distributions approximating 2.5% of the fund's prior month-end's net asset value (NAV) on an annualized basis. The fund may make distributions in excess of those required under the plan in order to meet its obligations under the Internal Revenue Code.
FTT: 13.31 (+0.32), FII: 33.61 (+0.75)
Federated Investors' Closed-End Municipal Funds Declare Monthly Dividends
PR Newswire - Tue Mar 10, 7:45AM CDT
Federated Premier Municipal Income Fund (NYSE: FMN) and Federated Premier Intermediate Municipal Income Fund (NYSE: FPT) have declared their monthly dividends. The funds seek to provide investors with current dividend income that is exempt from regular federal income tax. In addition, these funds feature income exempt from the federal alternative minimum tax (AMT).
FMN: 14.72 (+0.06), FII: 33.61 (+0.75), FPT: 12.88 (+0.04)
West Virginia Selects Federated Investors to Manage $1.2 Billion in State Money Market Pool
PR Newswire - Mon Mar 02, 3:02PM CST
Federated Investors, Inc. (NYSE: FII), one of the nation's largest investment managers, today announced that the West Virginia Board of Treasury Investments has selected Federated Investment Counseling--a Federated Investors subsidiary registered as an investment adviser--to manage the $1.2 billion West Virginia Money Market Pool. In managing the statewide money market portfolio, Federated will be responsible for the investment of state and local government operating funds, with the objectives of maintaining sufficient liquidity for participants while providing above-inflation returns.
FII: 33.61 (+0.75)
Some Companies Are More Wonderful Than Others
Investing Doc - at Seeking Alpha - Sun Mar 01, 4:02AM CST
BBT: 39.81 (+0.25), MON: 115.75 (+0.37), EA: 57.28 (+1.32), HSY: 102.09 (+1.54), ED: 61.47 (+0.63), SYY: 38.62 (+0.42), LM: 58.27 (+1.36), INTC: 31.31 (+0.57), UPS: 100.25 (+0.34), PGR: 27.65 (+0.12), BSX: 17.84 (+0.03), SPY: 210.41 (+0.91), JPM: 61.75 (+0.55), COF: 81.13 (+0.51), FII: 33.61 (+0.75), DE: 89.18 (+1.10), LOW: 75.23 (+0.67), MSFT: 42.88 (+0.60), ROK: 116.15 (+1.65), CSCO: 28.44 (+0.18), MA: 89.82 (+0.80), SYK: 93.65 (+0.08), BCS: 15.32 (+0.35), BCR: 171.48 (+0.79), ISCA: 32.25 (+0.36), RNR: 101.01 (+0.10), PFE: 34.25 (+0.10), WFC: 56.01 (+0.50), MO: 51.42 (+0.15), ISRG: 509.03 (+0.27), CPB: 45.75 (+0.45), SHW: 290.00 (+5.51), CVX: 107.03 (+2.28), INTU: 100.43 (+0.65), ADSK: 60.98 (-0.02), NVS: 101.68 (+1.81), GD: 135.41 (+0.13), MMM: 166.49 (+0.83), BDX: 144.72 (-0.21), GE: 25.40 (+0.07), CHRW: 75.40 (+0.24), CLX: 111.89 (+2.30), MDT: 78.02 (+0.36), BLK: 378.64 (+8.69), KMB: 108.48 (+1.73), C: 52.98 (+0.60), KEY: 14.65 (+0.22), MMC: 57.86 (+0.35), JNJ: 102.40 (+0.71), CME: 99.75 (+0.08), CINF: 54.60 (+0.81), PPG: 229.06 (+2.89), BMO: 60.54 (+1.36), FITB: 19.48 (+0.26), HD: 117.49 (+2.33), WU: 19.20 (-0.05), GGG: 72.18 (-1.10), EMR: 56.69 (+0.42), BMY: 67.76 (-0.56), CTAS: 82.55 (-1.41), JOE: 18.01 (+0.43), USB: 44.86 (+0.42), PG: 84.74 (+1.36), IGT: 17.86 (+0.08), BEN: 53.35 (+0.69), CMCSA: 59.45 (+0.71), MXIM: 36.19 (+0.41), RF: 9.64 (+0.14), MKC: 72.88 (+0.48), UTX: 119.46 (+0.08), MTB: 128.00 (+1.54), WMT: 83.24 (+1.72), GOOG: 560.36 (+2.37), SLB: 82.37 (+1.36), SLM: 9.27 (-0.01), TGT: 81.31 (+0.71), LYG: 4.85 (+0.14), FWRD: 57.57 (+1.84), CLMS: 12.79 (+0.03), STR: 23.91 (+0.27), AVP: 7.63 (+0.35), STT: 76.24 (+1.41), VFC: 75.25 (+1.19), LLTC: 48.53 (+0.94), IRM: 38.65 (+0.38), MHFI: 108.59 (+1.08), FDO: 79.90 (+0.20), GSK: 48.81 (+0.60), TIF: 82.93 (-3.44), ADP: 87.77 (+0.40), WBA: 88.23 (+0.87), SIAL: 138.20 (+0.11), MRK: 58.58 (+0.37), EXPD: 49.27 (+0.40), MCD: 97.05 (+1.07), DOV: 71.30 (+0.16), BRK.B: 145.53 (+0.65), WTW: 8.60 (-0.81), CTL: 35.30 (+0.44), BIIB: 475.98 (+42.33), LMT: 203.77 (+1.58), XOM: 84.54 (+0.13), PEP: 95.34 (+1.24), TWX: 87.89 (+1.06), SWK: 96.32 (+0.45), SBUX: 97.46 (-0.30), PAYX: 51.62 (+0.38), FAST: 42.30 (-0.17), EBAY: 57.93 (+0.05), QCOM: 70.04 (+0.21), DIA: 180.96 (+1.30), SNV: 28.31 (+0.60), AVY: 53.49 (+0.49), SNY: 50.64 (+1.17), BK: 40.57 (+0.27), HRB: 32.90 (+0.61), KO: 40.65 (+0.63), AXP: 82.70 (+1.16), SVU: 11.33 (+0.09), NUE: 47.14 (+1.04), LEG: 46.42 (+0.32), AMGN: 170.10 (+0.99), DIS: 108.43 (+1.06), BAC: 15.84 (+0.23), ORCL: 44.41 (+0.25), BRO: 33.13 (+0.30), JCI: 50.40 (+0.64), CL: 69.56 (+1.27)
Forget Annaly Capital Management, Inc. Stock -- Here are 3 Better Dividend Stocks
Motley Fool Staff - Motley Fool - Sun Feb 22, 10:03AM CST
Annaly Capital Management is a favorite among dividend investors seeking high yields, and it's easy to see why. The stock currently has a dividend yield higher than 11%, and trades at a substantial discount to its book value. However, when it...
NLY: 10.74 (+0.04), F: 16.48 (+0.14), V: 67.41 (+0.60), FII: 33.61 (+0.75), GM: 38.87 (+0.22)
Federated Builds Treasury Fund on New Buyback Program - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Feb 20, 4:13PM CST
Federated Investors, Inc. (FII) recently announced its plan to enhance its treasury fund with a new share repurchase program. The company's board of directors has authorized the buyback of additional 4 million shares of its class B common stock through open market operations.
WF: 26.54 (+0.07), FII: 33.61 (+0.75), AMP: 136.17 (+2.83)
Federated Investors Inc. announces first phase of adjustments to money market fund lineup
PR Newswire - Thu Feb 19, 7:30AM CST
Federated Investors, Inc. (NYSE: FII), one of the nation's largest investment managers, today announced its preliminary plan to restructure its line of money market funds to meet the needs of its clients and to comply with regulations announced by the U.S. Securities and Exchange Commission (SEC) in July 2014. The regulations will be implemented in phases over the next 20 months and the resulting changes in Federated's money market fund lineup will take place over the same time frame. Federated will work closely with its clients to ensure their liquidity needs are met today and in the future, as the changes outlined below take effect no later than October 2016.
FII: 33.61 (+0.75)
Tracking Tweedy Browne's Portfolio - Q4 2014 Update
John Vincent - at Seeking Alpha - Sat Feb 14, 11:31AM CST
KOF: 81.67 (+2.14), DNOW: 20.52 (+0.25), CNQ: 29.60 (+0.86), WMT: 83.24 (+1.72), GOOG: 560.36 (+2.37), DEO: 114.94 (+0.87), BSBR: 4.50 (+0.11), NOV: 49.66 (+1.77), FII: 33.61 (+0.75), CSCO: 28.44 (+0.18), MA: 89.82 (+0.80), PSX: 78.86 (+1.35), TMK: 55.66 (+0.76), UN: 43.00 (+0.69), HAL: 42.82 (+1.27), AGCO: 47.58 (+0.26), COP: 63.84 (+1.08), WFC: 56.01 (+0.50), GSK: 48.81 (+0.60), UL: 43.24 (+0.71), CTWS: 37.75 (+1.22), NWLI: 246.10 (-0.91), RDS.A: 61.53 (+1.33), ANAT: 96.28 (+0.12), BRK.B: 145.53 (+0.65), BRK.A: 218,300.00 (+300.00), NVS: 101.68 (+1.81), MMM: 166.49 (+0.83), LMT: 203.77 (+1.58), UNF: 118.32 (+1.43), XOM: 84.54 (+0.13), SHEN: 32.59 (-0.34), JNJ: 102.40 (+0.71), GOOGL: 564.95 (+1.28), BK: 40.57 (+0.27), UNP: 117.45 (-0.10), JOY: 40.41 (+1.26), DVN: 58.66 (+0.40), AXP: 82.70 (+1.16), EMR: 56.69 (+0.42), HSBC: 43.56 (+0.99), ITW: 98.53 (-0.84), PM: 79.45 (+0.59), BRO: 33.13 (+0.30), TOT: 50.65 (+1.87), USB: 44.86 (+0.42), BAX: 68.18 (+0.20), CMCSA: 59.45 (+0.71), VZ: 49.56 (+0.26)
Federated Enhanced Treasury Income Fund Announces Extension of Share Repurchase Program and Approval of New Managed Distribution Plan
PR Newswire - Fri Feb 13, 7:40AM CST
Federated Enhanced Treasury Income Fund (NYSE: FTT) today announced that its Board of Trustees authorized the extension of its share repurchase program and approved a new managed distribution plan (MDP).
FTT: 13.31 (+0.32), FII: 33.61 (+0.75)
3 High-Yielding Dividend Stocks That Are Actually Safe
Motley Fool Staff - Motley Fool - Fri Feb 13, 7:01AM CST
High-yield dividend stocks can be great for income investors, but many of them can be too good to be true. Many high dividends are a sign that a company is in trouble, or won't be able to sustain the payout in the future. And others are a sign that...
PM: 79.45 (+0.59), HCP: 42.44 (+1.20), FII: 33.61 (+0.75), KRFT: 61.94 (+0.64), NPK: 61.12 (-0.88), MO: 51.42 (+0.15)
Two Federated Investors' closed-end municipal funds release dividends for month
M2 - Tue Feb 10, 4:07AM CST
US investment management company Federated Investors Inc (NYSE: FII) announced on Monday that closed end funds, Federated Premier Municipal Income Fund (NYSE:FMN) and Federated Premier Intermediate Municipal Income Fund (NYSE:FPT), will pay monthly dividends of USD0.0735 and USD0.0555 per share, respectively.
FMN: 14.72 (+0.06), FII: 33.61 (+0.75), FPT: 12.88 (+0.04)
Federated Investors' Closed-End Municipal Funds Report Annual Earnings
PR Newswire - Fri Jan 30, 7:54AM CST
Federated Premier Municipal Income Fund (NYSE: FMN) and Federated Premier Intermediate Municipal Income Fund (NYSE: FPT) today announced earnings for the fiscal year ended Nov. 30, 2014. The funds seek to provide investors with income that is exempt from federal income tax, including alternative minimum tax (AMT), by investing in municipal securities from different sectors, states and issuers across the country.
FMN: 14.72 (+0.06), FII: 33.61 (+0.75), FPT: 12.88 (+0.04)
Federated Enhanced Treasury Income Fund Reports Annual Earnings
PR Newswire - Fri Jan 30, 7:52AM CST
Federated Enhanced Treasury Income Fund (NYSE: FTT) today announced earnings for the fiscal year ended Nov. 30, 2014. The fund employs an integrated U.S. Treasury-based strategy with an option-writing strategy and a duration management overlay in order to provide the potential for current income and total return.
FTT: 13.31 (+0.32), FII: 33.61 (+0.75)