Welcome to our dedicated page for GBL news (Ticker: GBL), a resource for investors and traders seeking the latest updates and insights on GBL stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect GBL's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of GBL's position in the market.
The Gabelli Utility Trust (NYSE:GUT) announced the completion of its over-subscribed transferable rights offering, issuing 9,133,529 common shares for gross proceeds of $50,234,410. Shareholders could purchase shares at $5.50 each, with total subscriptions reaching approximately $118 million, or 236% of the shares available. New shares will be issued around April 25, 2022, and will qualify for the Fund's monthly distribution on May 23, 2022, but not for the April distribution. The Fund's total net assets will be approximately $397 million post-offering.
GAMCO Investors, Inc. (NYSE: GBL) announced its expected diluted earnings for Q1 2022 to be between
The Board of Directors of Gabelli Merger Plus+ Trust plc has announced upcoming tender offers for shareholders. The offers will be available in June 2022 and January 2023, and January 2024, targeting those in the Loyalty Register. Additionally, the Board is exploring options for increasing investments by up to 10% on a non-dilutive basis. Managing Director Evan Miller highlighted the current capital market conditions and expressed optimism about generating absolute returns amid a robust environment for mergers and acquisitions.
Gabelli Funds will hold the 8th Annual Waste & Environmental Services Symposium on March 31, 2022, at the Harvard Club, New York City. The event will showcase presentations from executives of leading companies, focusing on industry dynamics, new technologies, and company fundamentals. Attendance is available in-person or via webcast. Investors can register for the event by contacting their relationship person or following the provided link.
Gabelli Funds will host the Omaha Research Conference at Charles Schwab Field on April 29, 2022, coinciding with the Berkshire Hathaway Annual Meeting. The event begins at 9:00 am CST and will be available via webcast for remote attendees. Key panels include a Value Investing panel featuring Mario Gabelli and John Rogers, CEO fire-side chats with Lindsay Corp., Markel Corp., and Valmont Industries, and a discussion with Adam Mead about his book on Berkshire Hathaway. For registration, visit here.
GAMCO Investors, Inc. (NYSE: GBL) has initiated a tender offer to purchase up to $10 million of its 2-Year Puttable Subordinated Notes due 2023. The offer price is set at $1,014 per $1,000 principal amount for validly tendered Notes. The offer expires at April 25, 2022. The offer is not contingent on financing and will accept all Notes if less than $10 million worth is tendered. As of March 18, 2022, total outstanding Notes were $50,999,000. GAMCO intends to fund this offer with cash on hand.
The GDL Fund (NYSE:GDL) has announced the issuance of 3,500,000 Series E Cumulative Term Preferred Shares with a liquidation value of $10 each, totaling $35 million. These shares have a mandatory redemption date of March 26, 2025, and are callable starting March 26, 2024. Distributions will be 4.00% until March 26, 2023, and 4.25% thereafter, paid quarterly from June 26, 2022. The Fund, managed by Gabelli Funds, LLC, aims for absolute returns while managing risk, with total net assets of $212 million.
Gabelli Funds will host the 8th Annual Waste & Environmental Services Symposium on March 31, 2022, at the Harvard Club, New York City. The event will feature key presentations from industry leaders, focusing on industry dynamics and new technologies. It will also be accessible via webcast for those unable to attend in person. Investors interested in participating can register through the provided link. The symposium runs from 8:15 am to 3:00 pm.
Gabelli Funds is set to host the 8th Annual Waste & Environmental Services Symposium at the Harvard Club, New York City, on March 31, 2022. The event aims to present insights from senior management of key companies in the waste and environmental sector, focusing on industry dynamics and new technologies. Attendees can join in person or via webcast. For registration, investors should contact their relationships or use the provided link.
GAMCO Investors, Inc. (NYSE: GBL) announced that its Gabelli Love Our Planet & People ETF (NYSE: LOPP) is now available for investment on the Charles Schwab ETF Platform. To encourage investments, GAMCO will absorb all fees and expenses for the first $100 million invested in LOPP. Launched in February 2021, LOPP targets companies committed to sustainability, including sectors like renewable energy and waste reduction. The fund is managed by a seasoned team with expertise in sustainable investments.
FAQ
What is the market cap of GBL (GBL)?
