Gamco Investors (GBL) 33.19 $GBL
Fitch Affirms Gabelli Fund Auction Preferred Ratings at 'AA'
BusinessWire - Tue Jun 21, 3:50PM CDT
Fitch Ratings has affirmed the 'AA' ratings assigned to the outstanding auction rate preferred shares of the four Gabelli equity closed-end funds listed below. All funds are managed by Gabelli Funds, LLC as investment adviser.
GGT: 6.99 (-0.16), GAB: 5.45 (-0.20), GBL: 33.19 (-2.89), GDV: 18.86 (-0.37), GUT: 6.59 (unch)
Why SEI Investments Should Be Part of Your Portfolio Now
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 5:20PM CDT
SEI Investments enjoys a diversified revenue stream as well as a strong global presence. Also, the company has steady capital deployment plans. Driven by these catalysts, analysts have been bullish on on the stock.
APAM: 28.88 (-2.02), SEIC: 46.76 (-3.93), OMAM: 13.55 (-0.98), GBL: 33.19 (-2.89)
T. Rowe Price to Cough Up $194M for the Dell Voting Error
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 8:14AM CDT
T. Rowe Price Group, Inc. (TROW), one of the biggest mutual-fund companies in the U.S., has arrived at an arrangement per which it will spend about $194 million to recompense certain clients.
APAM: 28.88 (-2.02), SEIC: 46.76 (-3.93), TROW: 69.60 (-3.92), GBL: 33.19 (-2.89)
Gabelli & Company's 8th Annual Movie & Entertainment Conference
BusinessWire - Mon Jun 06, 6:30AM CDT
Gabelli & Company will host its 8th Annual Movie & Entertainment Conference on June 9, 2016 in New York City. This event will feature fireside chats and one-on-one meetings with senior management of entertainment and movie exhibition companies. Prominent media executives will provide updates regarding industry consolidation, the value & monetization of content, and developments in the global competitive landscape. Institutional investors should contact their Gabelli & Company sales representative to register.
NCMI: 14.71 (-0.95), CGX.TO: 51.19 (-0.53), AMCX: 57.43 (-1.78), GBL: 33.19 (-2.89), MCS: 20.71 (-0.53), IMAX: 28.89 (-1.03), AC: 29.49 (-0.29), VIA: 46.04 (-2.11), VDTH: 8.35 (-0.23), LGF: 20.65 (-1.10), RDI: 12.10 (-0.21), MANU: 16.38 (-0.60), RHP: 49.21 (-2.08), EPR: 76.89 (+1.83), EROS: 13.75 (-0.58), STRZA: 28.71 (-0.62), TV: 25.10 (-1.48)
Nasdaq (NDAQ) Announces $500 Million Senior Notes Offering
Zacks Equity Research - Zacks Investment Research - Fri Jun 03, 8:04AM CDT
Nasdaq Inc. (NDAQ) has priced a new debt offering of $500 million worth 3.850% senior notes. This dollar-denominated offering is due to mature in 2026.
ECC: 16.22 (-0.08), AMG: 141.10 (-18.46), GBL: 33.19 (-2.89), NDAQ: 63.00 (-1.41)
GAMCO UK Names Henry Pollard Managing Director of Sales
BusinessWire - Tue May 31, 9:38AM CDT
GAMCO Asset Management (UK) announced today that it has named Henry Pollard Managing Director of Sales, a new distribution role for the UK and Europe, based in London. Mr. Pollard will market GAMCO's various products to leading industry providers including consultants, wealth managers and family offices.
GBL: 33.19 (-2.89)
Gabelli Utility Trust Announces the Offering of $50 Million of 5.375% Series C Cumulative Preferred Shares
BusinessWire - Thu May 26, 7:00AM CDT
The Board of Trustees of The Gabelli Utility Trust (NYSE:GUT) (the "Fund"
is pleased to announce the completion of an offering of 2.0 million shares of 5.375% Series C Cumulative Preferred Shares ("Series C Preferred" valued at $50 million. The offering is expected to close on Tuesday, May 31, 2016, subject to customary closing conditions.
GBL: 33.19 (-2.89), GUT: 6.59 (unch)
Lazard (LAZ) Hit by Economic Headwinds: Time to Sell?
Zacks Equity Research - Zacks Investment Research - Tue May 24, 7:19AM CDT
We have issued an updated research report on Lazard Ltd. (LAZ) on May 23. Shares of this asset manager recorded a year-to-date negative return of 20.4%.
AB: 22.59 (-0.62), LAZ: 31.21 (-3.73), AMG: 141.10 (-18.46), GBL: 33.19 (-2.89)
Affiliated Managers (AMG) is a Must-Add Now: Here's Why
Zacks Equity Research - Zacks Investment Research - Tue May 24, 7:17AM CDT
From recording 6-year (2010--2015) CAGR of 13.8% in assets under management to holding an almost unbeaten track record of buying equity interests in asset management companies with strong performance-oriented products, Affiliated Managers Group Inc. (AMG), has been firing on all cylinders of late.
APAM: 28.88 (-2.02), AB: 22.59 (-0.62), AMG: 141.10 (-18.46), GBL: 33.19 (-2.89)
Columbia University Graduate School of Business in Conjunction with Gabelli Funds Names Howard S. Marks 2016 Recipient of Graham & Dodd, Murray, Greenwald Prize
BusinessWire - Mon May 23, 9:00AM CDT
Gabelli Funds announced the recipient of the Graham & Dodd, Murray, Greenwald Prize for Value Investing at its thirtieth-first client conference on Friday, May 20 in New York. He is Howard S. Marks, CFA, Chairman and Co-Founder of Oaktree Capital.
GBL: 33.19 (-2.89)
Gabelli Funds Names Mark Donegan, James Dolan, Soo Kim, and Tom Gallagher to 2016 Management Hall of Fame
BusinessWire - Mon May 23, 9:00AM CDT
Gabelli Funds announced the 2016 inductees to the GAMCO Management Hall of Fame during its thirtieth-first annual client conference on Friday, May 20 in New York. The inductees to the Hall of Fame are: Mark Donegan of Precision Castparts, James Dolan of Cablevision, Soo Kim of Media General and Tom Gallagher of Genuine Parts.
GBL: 33.19 (-2.89), PCP: 234.95 (+0.10)
CORRECTING and REPLACING Gabelli Utility Trust Continues Monthly Distributions, Declaring Distributions of $0.05 Per Share
BusinessWire - Thu May 19, 10:38AM CDT
Please replace the release with the following corrected version. The record and payable dates for the distributions were incorrect.
GBL: 33.19 (-2.89), GUT: 6.59 (unch)
Bancroft Fund Ltd Reaffirms Its 5% Minimum Distribution Policy and Declares Distribution of $0.25 Per Share
BusinessWire - Thu May 19, 8:43AM CDT
The Board of Trustees of Bancroft Fund Ltd. (NYSE MKT:BCV) (the "Fund" reaffirmed its 5% distribution policy and declared a $0.25 per share cash distribution payable on June 23, 2016 to common stock shareholders of record on June 16, 2016.
BCV: 18.31 (-0.35), GBL: 33.19 (-2.89)
Ellsworth Growth and Income Fund Ltd. Reaffirms Its 5% Minimum Distribution Policy and Declares Distribution of $0.11 Per Share
BusinessWire - Thu May 19, 8:41AM CDT
The Board of Trustees of Ellsworth Growth and Income Fund Ltd. (NYSE MKT:ECF) (the "Fund" reaffirmed its 5% distribution policy and declared a $0.11 per share cash distribution payable on August 24, 2016 to shareholders of record on August 17, 2016.
GBL: 33.19 (-2.89), ECF: 7.72 (-0.14)
GAMCO Natural Resources, Gold & Income Trust Continues Monthly Distributions, Declaring Distributions of $0.07 Per Share
BusinessWire - Thu May 19, 8:38AM CDT
The Board of Trustees of the GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) (the "Fund" declared monthly cash distributions of $0.07 per share for each of July, August, and September 2016.
GNT: 7.75 (+0.08), GBL: 33.19 (-2.89)
GAMCO Global Gold, Natural Resources & Income Trust Continues Monthly Distributions, Declaring Distributions of $0.07 Per Share
BusinessWire - Thu May 19, 8:30AM CDT
The Board of Trustees of the GAMCO Global Gold, Natural Resources & Income Trust (NYSE MKT:GGN) (the "Fund" approved the continuation of its policy of paying monthly cash distributions. The Board of Trustees declared cash distributions of $0.07 per share for each of July, August, and September 2016.
GBL: 33.19 (-2.89), GGN: 6.45 (+0.03)
The GDL Fund Declares Second Quarter Distribution of $0.16 Per Share
BusinessWire - Thu May 19, 8:30AM CDT
The Board of Trustees of The GDL Fund (NYSE:GDL) (the "Fund" declared a $0.16 per share cash distribution payable on June 23, 2016 to common shareholders of record on June 16, 2016.
GBL: 33.19 (-2.89), GDL: 9.91 (-0.07)
Gabelli Utility Trust Continues Monthly Distributions, Declaring Distributions of $0.05 Per Share
BusinessWire - Thu May 19, 8:28AM CDT
The Board of Trustees of The Gabelli Utility Trust (NYSE:GUT) (the "Fund" approved the continuation of its policy of paying fixed monthly cash distributions. The Board of Trustees declared cash distributions of $0.05 per share for each of July, August and September 2016.
GBL: 33.19 (-2.89), GUT: 6.59 (unch)
Gabelli Global Utility & Income Trust Continues Monthly Distributions, Declaring Distributions of $0.10 Per Share
BusinessWire - Thu May 19, 8:28AM CDT
The Board of Trustees of The Gabelli Global Utility & Income Trust (NYSE MKT:GLU) (the "Fund" approved the continuation of its policy of paying fixed monthly cash distributions. The Board of Trustees declared cash distributions of $0.10 per share for each of July, August and September 2016.
GBL: 33.19 (-2.89), GLU: 18.25 (-0.10)
Fitch Affirms Gabelli Fund Auction Preferred Ratings at 'AA'
BusinessWire - Tue Jun 21, 3:50PM CDT
Fitch Ratings has affirmed the 'AA' ratings assigned to the outstanding auction rate preferred shares of the four Gabelli equity closed-end funds listed below. All funds are managed by Gabelli Funds, LLC as investment adviser.
GGT: 6.99 (-0.16), GAB: 5.45 (-0.20), GBL: 33.19 (-2.89), GDV: 18.86 (-0.37), GUT: 6.59 (unch)
Why SEI Investments Should Be Part of Your Portfolio Now
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 5:20PM CDT
SEI Investments enjoys a diversified revenue stream as well as a strong global presence. Also, the company has steady capital deployment plans. Driven by these catalysts, analysts have been bullish on on the stock.
APAM: 28.88 (-2.02), SEIC: 46.76 (-3.93), OMAM: 13.55 (-0.98), GBL: 33.19 (-2.89)
T. Rowe Price to Cough Up $194M for the Dell Voting Error
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 8:14AM CDT
T. Rowe Price Group, Inc. (TROW), one of the biggest mutual-fund companies in the U.S., has arrived at an arrangement per which it will spend about $194 million to recompense certain clients.
APAM: 28.88 (-2.02), SEIC: 46.76 (-3.93), TROW: 69.60 (-3.92), GBL: 33.19 (-2.89)
Gabelli & Company's 8th Annual Movie & Entertainment Conference
BusinessWire - Mon Jun 06, 6:30AM CDT
Gabelli & Company will host its 8th Annual Movie & Entertainment Conference on June 9, 2016 in New York City. This event will feature fireside chats and one-on-one meetings with senior management of entertainment and movie exhibition companies. Prominent media executives will provide updates regarding industry consolidation, the value & monetization of content, and developments in the global competitive landscape. Institutional investors should contact their Gabelli & Company sales representative to register.
NCMI: 14.71 (-0.95), CGX.TO: 51.19 (-0.53), AMCX: 57.43 (-1.78), GBL: 33.19 (-2.89), MCS: 20.71 (-0.53), IMAX: 28.89 (-1.03), AC: 29.49 (-0.29), VIA: 46.04 (-2.11), VDTH: 8.35 (-0.23), LGF: 20.65 (-1.10), RDI: 12.10 (-0.21), MANU: 16.38 (-0.60), RHP: 49.21 (-2.08), EPR: 76.89 (+1.83), EROS: 13.75 (-0.58), STRZA: 28.71 (-0.62), TV: 25.10 (-1.48)
Nasdaq (NDAQ) Announces $500 Million Senior Notes Offering
Zacks Equity Research - Zacks Investment Research - Fri Jun 03, 8:04AM CDT
Nasdaq Inc. (NDAQ) has priced a new debt offering of $500 million worth 3.850% senior notes. This dollar-denominated offering is due to mature in 2026.
ECC: 16.22 (-0.08), AMG: 141.10 (-18.46), GBL: 33.19 (-2.89), NDAQ: 63.00 (-1.41)
GAMCO UK Names Henry Pollard Managing Director of Sales
BusinessWire - Tue May 31, 9:38AM CDT
GAMCO Asset Management (UK) announced today that it has named Henry Pollard Managing Director of Sales, a new distribution role for the UK and Europe, based in London. Mr. Pollard will market GAMCO's various products to leading industry providers including consultants, wealth managers and family offices.
GBL: 33.19 (-2.89)
Gabelli Utility Trust Announces the Offering of $50 Million of 5.375% Series C Cumulative Preferred Shares
BusinessWire - Thu May 26, 7:00AM CDT
The Board of Trustees of The Gabelli Utility Trust (NYSE:GUT) (the "Fund"
is pleased to announce the completion of an offering of 2.0 million shares of 5.375% Series C Cumulative Preferred Shares ("Series C Preferred" valued at $50 million. The offering is expected to close on Tuesday, May 31, 2016, subject to customary closing conditions. GBL: 33.19 (-2.89), GUT: 6.59 (unch)
Lazard (LAZ) Hit by Economic Headwinds: Time to Sell?
Zacks Equity Research - Zacks Investment Research - Tue May 24, 7:19AM CDT
We have issued an updated research report on Lazard Ltd. (LAZ) on May 23. Shares of this asset manager recorded a year-to-date negative return of 20.4%.
AB: 22.59 (-0.62), LAZ: 31.21 (-3.73), AMG: 141.10 (-18.46), GBL: 33.19 (-2.89)
Affiliated Managers (AMG) is a Must-Add Now: Here's Why
Zacks Equity Research - Zacks Investment Research - Tue May 24, 7:17AM CDT
From recording 6-year (2010--2015) CAGR of 13.8% in assets under management to holding an almost unbeaten track record of buying equity interests in asset management companies with strong performance-oriented products, Affiliated Managers Group Inc. (AMG), has been firing on all cylinders of late.
APAM: 28.88 (-2.02), AB: 22.59 (-0.62), AMG: 141.10 (-18.46), GBL: 33.19 (-2.89)
Columbia University Graduate School of Business in Conjunction with Gabelli Funds Names Howard S. Marks 2016 Recipient of Graham & Dodd, Murray, Greenwald Prize
BusinessWire - Mon May 23, 9:00AM CDT
Gabelli Funds announced the recipient of the Graham & Dodd, Murray, Greenwald Prize for Value Investing at its thirtieth-first client conference on Friday, May 20 in New York. He is Howard S. Marks, CFA, Chairman and Co-Founder of Oaktree Capital.
GBL: 33.19 (-2.89)
Gabelli Funds Names Mark Donegan, James Dolan, Soo Kim, and Tom Gallagher to 2016 Management Hall of Fame
BusinessWire - Mon May 23, 9:00AM CDT
Gabelli Funds announced the 2016 inductees to the GAMCO Management Hall of Fame during its thirtieth-first annual client conference on Friday, May 20 in New York. The inductees to the Hall of Fame are: Mark Donegan of Precision Castparts, James Dolan of Cablevision, Soo Kim of Media General and Tom Gallagher of Genuine Parts.
GBL: 33.19 (-2.89), PCP: 234.95 (+0.10)
CORRECTING and REPLACING Gabelli Utility Trust Continues Monthly Distributions, Declaring Distributions of $0.05 Per Share
BusinessWire - Thu May 19, 10:38AM CDT
Please replace the release with the following corrected version. The record and payable dates for the distributions were incorrect.
GBL: 33.19 (-2.89), GUT: 6.59 (unch)
Bancroft Fund Ltd Reaffirms Its 5% Minimum Distribution Policy and Declares Distribution of $0.25 Per Share
BusinessWire - Thu May 19, 8:43AM CDT
The Board of Trustees of Bancroft Fund Ltd. (NYSE MKT:BCV) (the "Fund"
reaffirmed its 5% distribution policy and declared a $0.25 per share cash distribution payable on June 23, 2016 to common stock shareholders of record on June 16, 2016. BCV: 18.31 (-0.35), GBL: 33.19 (-2.89)
Ellsworth Growth and Income Fund Ltd. Reaffirms Its 5% Minimum Distribution Policy and Declares Distribution of $0.11 Per Share
BusinessWire - Thu May 19, 8:41AM CDT
The Board of Trustees of Ellsworth Growth and Income Fund Ltd. (NYSE MKT:ECF) (the "Fund"
reaffirmed its 5% distribution policy and declared a $0.11 per share cash distribution payable on August 24, 2016 to shareholders of record on August 17, 2016. GBL: 33.19 (-2.89), ECF: 7.72 (-0.14)
GAMCO Natural Resources, Gold & Income Trust Continues Monthly Distributions, Declaring Distributions of $0.07 Per Share
BusinessWire - Thu May 19, 8:38AM CDT
The Board of Trustees of the GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) (the "Fund"
declared monthly cash distributions of $0.07 per share for each of July, August, and September 2016. GNT: 7.75 (+0.08), GBL: 33.19 (-2.89)
GAMCO Global Gold, Natural Resources & Income Trust Continues Monthly Distributions, Declaring Distributions of $0.07 Per Share
BusinessWire - Thu May 19, 8:30AM CDT
The Board of Trustees of the GAMCO Global Gold, Natural Resources & Income Trust (NYSE MKT:GGN) (the "Fund"
approved the continuation of its policy of paying monthly cash distributions. The Board of Trustees declared cash distributions of $0.07 per share for each of July, August, and September 2016. GBL: 33.19 (-2.89), GGN: 6.45 (+0.03)
The GDL Fund Declares Second Quarter Distribution of $0.16 Per Share
BusinessWire - Thu May 19, 8:30AM CDT
The Board of Trustees of The GDL Fund (NYSE:GDL) (the "Fund"
declared a $0.16 per share cash distribution payable on June 23, 2016 to common shareholders of record on June 16, 2016. GBL: 33.19 (-2.89), GDL: 9.91 (-0.07)
Gabelli Utility Trust Continues Monthly Distributions, Declaring Distributions of $0.05 Per Share
BusinessWire - Thu May 19, 8:28AM CDT
The Board of Trustees of The Gabelli Utility Trust (NYSE:GUT) (the "Fund"
approved the continuation of its policy of paying fixed monthly cash distributions. The Board of Trustees declared cash distributions of $0.05 per share for each of July, August and September 2016. GBL: 33.19 (-2.89), GUT: 6.59 (unch)
Gabelli Global Utility & Income Trust Continues Monthly Distributions, Declaring Distributions of $0.10 Per Share
BusinessWire - Thu May 19, 8:28AM CDT
The Board of Trustees of The Gabelli Global Utility & Income Trust (NYSE MKT:GLU) (the "Fund"
approved the continuation of its policy of paying fixed monthly cash distributions. The Board of Trustees declared cash distributions of $0.10 per share for each of July, August and September 2016. GBL: 33.19 (-2.89), GLU: 18.25 (-0.10)
