Parsad Posted February 26, 2013 Share Posted February 26, 2013 Book is now at $27.60 or so, and they are quite liquid. Cheers! Link to comment Share on other sites More sharing options...
Ross812 Posted February 26, 2013 Share Posted February 26, 2013 I just looked at my account and noticed a new stock symbol in there. My first thought was I can't believe I fat fingered a trade when I was inputing buy orders on Fiat yesterday. Then I figured out they are the new shares of Crimson Wine (CWGL). This was a much better surprise. CWGL appears to be off to a good start! Up 17% today... Link to comment Share on other sites More sharing options...
fareastwarriors Posted February 26, 2013 Share Posted February 26, 2013 I just looked at my account and noticed a new stock symbol in there. My first thought was I can't believe I fat fingered a trade when I was inputing buy orders on Fiat yesterday. Then I figured out they are the new shares of Crimson Wine (CWGL). This was a much better surprise. CWGL appears to be off to a good start! Up 17% today... Which brokerage are you using? Link to comment Share on other sites More sharing options...
Ross812 Posted February 26, 2013 Share Posted February 26, 2013 Interactive Brokers. I received one share of Crimson Wine for every ten shares of Leucadia I own. YahooFinance: http://finance.yahoo.com/q?s=cwgl&ql=1 Link to comment Share on other sites More sharing options...
compoundinglife Posted February 26, 2013 Share Posted February 26, 2013 I just looked at my account and noticed a new stock symbol in there. My first thought was I can't believe I fat fingered a trade when I was inputing buy orders on Fiat yesterday. Then I figured out they are the new shares of Crimson Wine (CWGL). This was a much better surprise. CWGL appears to be off to a good start! Up 17% today... Which brokerage are you using? Mine showed up in schwab, fidelity and etrade today. Link to comment Share on other sites More sharing options...
Parsad Posted February 26, 2013 Share Posted February 26, 2013 I just looked at my account and noticed a new stock symbol in there. My first thought was I can't believe I fat fingered a trade when I was inputing buy orders on Fiat yesterday. Then I figured out they are the new shares of Crimson Wine (CWGL). This was a much better surprise. CWGL appears to be off to a good start! Up 17% today... Which brokerage are you using? Mine showed up in schwab, fidelity and etrade today. Mine have not shown up yet at UBS and RBC Dominion. Probably tomorrow. Cheers! Link to comment Share on other sites More sharing options...
fareastwarriors Posted February 26, 2013 Share Posted February 26, 2013 I just looked at my account and noticed a new stock symbol in there. My first thought was I can't believe I fat fingered a trade when I was inputing buy orders on Fiat yesterday. Then I figured out they are the new shares of Crimson Wine (CWGL). This was a much better surprise. CWGL appears to be off to a good start! Up 17% today... Which brokerage are you using? Mine showed up in schwab, fidelity and etrade today. Mine have not shown up yet at UBS and RBC Dominion. Probably tomorrow. Cheers! I haven't seen mine yet at my cheap discount brokerage, TradeKing... Link to comment Share on other sites More sharing options...
fareastwarriors Posted February 27, 2013 Share Posted February 27, 2013 Yay I got my 10 shares of Crimson... Link to comment Share on other sites More sharing options...
Parsad Posted February 27, 2013 Share Posted February 27, 2013 Got them at UBS. Still nothing at RBC Dominion, yet. Cheers! Link to comment Share on other sites More sharing options...
compoundinglife Posted February 27, 2013 Share Posted February 27, 2013 Got them at UBS. Still nothing at RBC Dominion, yet. Cheers! Maybe they are held up in customs :) Link to comment Share on other sites More sharing options...
Parsad Posted February 27, 2013 Share Posted February 27, 2013 Got them at UBS. Still nothing at RBC Dominion, yet. Cheers! Maybe they are held up in customs :) Californian wine company, so they want to put duty on the shares. No way Canadian's are getting a discount on anything California-related! ;D Cheers! Link to comment Share on other sites More sharing options...
rogermunibond Posted February 28, 2013 Share Posted February 28, 2013 Wow over a million shares traded and closed at $8.55. I wonder if Cummings and Steinberg are accumulating? Link to comment Share on other sites More sharing options...
bookie71 Posted February 28, 2013 Share Posted February 28, 2013 Sounds like maybe they are profitable for the last quarter http://biz.yahoo.com/e/130226/crswv8-k.html Link to comment Share on other sites More sharing options...
Parsad Posted February 28, 2013 Share Posted February 28, 2013 Have any Canadian boardmembers received their Crimson shares in their Canadian brokerage accounts yet? We still have not gotten ours at RBC Dominion. Cheers! Link to comment Share on other sites More sharing options...
Partner24 Posted February 28, 2013 Share Posted February 28, 2013 Yes, I've received them two days ago in my Scotia ITrade account. Link to comment Share on other sites More sharing options...
Grenville Posted March 1, 2013 Share Posted March 1, 2013 Merger completed: LEUCADIA NATIONAL CORPORATION AND JEFFERIES GROUP, INC. MERGER TO BE EFFECTIVE MARCH 1, 2013 NEW YORK, February 28, 2013 – Leucadia National Corporation (NYSE: LUK) and Jefferies Group, Inc. (NYSE: JEF) today announced that the stockholders of Jefferies Group, Inc. and the shareholders of Leucadia National Corporation overwhelmingly approved the merger between the two companies pursuant to which Jefferies’ stockholders will receive 0.81 of a share of Leucadia common stock for each share of Jefferies common stock they held and that the merger will be consummated effective March 1, 2013. In connection with the merger, Jefferies is also converting to a limited liability company, Jefferies Group LLC, which will be a subsidiary of Leucadia and will continue to be an SEC reporting company, regularly filing annual, quarterly, and periodic financial reports. Richard Handler, in addition to continuing in his role as Chief Executive Officer and Chairman of Jefferies, will become the Chief Executive Officer of Leucadia and one of its Directors. Brian Friedman, in addition to continuing in his role as Chairman of the Executive Committee of Jefferies, will become Leucadia’s President and one of its Directors. Joseph Steinberg, in addition to continuing to work full-time as an executive of Leucadia, will become Chairman of the Board of Leucadia. Ian Cumming will retire as Chairman of the Board and Chief Executive Officer of Leucadia but will continue in his role as a director of Leucadia. Leucadia will continue its 35-year track record of acquiring and owning businesses and investments and will be able to additionally leverage the knowledge base, opportunity flow and execution capabilities of the combined company. Jefferies will continue to operate in a manner consistent with its historical business model and remain a client-focused, conservatively capitalized, and full-service global investment banking firm. Link to comment Share on other sites More sharing options...
Parsad Posted March 1, 2013 Share Posted March 1, 2013 Merger completed: LEUCADIA NATIONAL CORPORATION AND JEFFERIES GROUP, INC. MERGER TO BE EFFECTIVE MARCH 1, 2013 NEW YORK, February 28, 2013 – Leucadia National Corporation (NYSE: LUK) and Jefferies Group, Inc. (NYSE: JEF) today announced that the stockholders of Jefferies Group, Inc. and the shareholders of Leucadia National Corporation overwhelmingly approved the merger between the two companies pursuant to which Jefferies’ stockholders will receive 0.81 of a share of Leucadia common stock for each share of Jefferies common stock they held and that the merger will be consummated effective March 1, 2013. In connection with the merger, Jefferies is also converting to a limited liability company, Jefferies Group LLC, which will be a subsidiary of Leucadia and will continue to be an SEC reporting company, regularly filing annual, quarterly, and periodic financial reports. Richard Handler, in addition to continuing in his role as Chief Executive Officer and Chairman of Jefferies, will become the Chief Executive Officer of Leucadia and one of its Directors. Brian Friedman, in addition to continuing in his role as Chairman of the Executive Committee of Jefferies, will become Leucadia’s President and one of its Directors. Joseph Steinberg, in addition to continuing to work full-time as an executive of Leucadia, will become Chairman of the Board of Leucadia. Ian Cumming will retire as Chairman of the Board and Chief Executive Officer of Leucadia but will continue in his role as a director of Leucadia. Leucadia will continue its 35-year track record of acquiring and owning businesses and investments and will be able to additionally leverage the knowledge base, opportunity flow and execution capabilities of the combined company. Jefferies will continue to operate in a manner consistent with its historical business model and remain a client-focused, conservatively capitalized, and full-service global investment banking firm. Yay! Now go make money Handler! ;D Cheers! Link to comment Share on other sites More sharing options...
menlo Posted March 4, 2013 Share Posted March 4, 2013 Anyone hearing/seeing anything about the LUK decline today? Something post-merger, perhaps? Link to comment Share on other sites More sharing options...
Parsad Posted March 4, 2013 Share Posted March 4, 2013 Anyone hearing/seeing anything about the LUK decline today? Something post-merger, perhaps? No news. Their credit rating was actually upgraded. I think some people are just taking profits after the deal closed. Cheers! Link to comment Share on other sites More sharing options...
jay21 Posted March 7, 2013 Share Posted March 7, 2013 So far I like what I see here, but I still feel in over my head when analyzing the FS. Does anyone have a good primer on valuation of IBs or reading their FS? Link to comment Share on other sites More sharing options...
Grenville Posted March 26, 2013 Share Posted March 26, 2013 2013 AGM Date posted: July 25,2013 "As previously announced, Leucadia National Corporation (the “Company”) will hold its 2013 annual meeting of shareholders (the “Annual Meeting”) on July 25, 2013. The Company’s shareholders of record at the close of business on June 5, 2013 will be entitled to notice of the Annual Meeting and to vote upon matters to be considered at the meeting." http://www.sec.gov/Archives/edgar/data/96223/000090951813000102/mm03-2213_8k.htm The release says previously announced, does anyone know where they announced this info before? Link to comment Share on other sites More sharing options...
jay21 Posted April 9, 2013 Share Posted April 9, 2013 http://www.sec.gov/Archives/edgar/data/1084580/000119312513147623/d489655d10q.htm 10-Q is out. Still trying to wrap my head around IB FS. Noted there was $166m in stock repurchases. Link to comment Share on other sites More sharing options...
Grenville Posted April 9, 2013 Share Posted April 9, 2013 http://www.sec.gov/Archives/edgar/data/1084580/000119312513147623/d489655d10q.htm 10-Q is out. Still trying to wrap my head around IB FS. Noted there was $166m in stock repurchases. I wonder if this means that there will be no quarterly conference calls for JEF. Link to comment Share on other sites More sharing options...
Grenville Posted April 9, 2013 Share Posted April 9, 2013 I wonder if this means that there will be no quarterly conference calls for JEF. I spoke to soon: LEUCADIA AND JEFFERIES ANNOUNCE 2013 AND 2014 CALENDAR OF INVESTOR AND SHAREHOLDER MEETINGS NEW YORK, April 9, 2013 – Leucadia National Corporation (“Leucadia”) and Jefferies Group LLC (“Jefferies”) today announced a calendar of investor and shareholder meetings for 2013 and 2014 for Leucadia and Jefferies. These meetings will provide a basis for Leucadia and Jefferies to communicate with shareholders and investors beyond quarterly regulatory filings. July 25, 2013 – Leucadia Annual Shareholder Meeting October 10, 2013 – Jefferies Investor Day March 4, 2014 – Combined Leucadia and Jefferies Shareholder and Investor Discussion recapping 2013 performance and giving a high-level overview of strategies and plans for 2014 May 14, 2014 – Leucadia Annual Shareholder Meeting August 7, 2014 – Leucadia Investor Day October 9, 2014 – Jefferies Investor Day “These four meetings per calendar year going forward provide an opportunity for Leucadia and Jefferies shareholders, bondholders, analysts, and counterparties to hear from senior management about financial results, the operating environment and overall corporate strategies beyond our regularly scheduled regulatory filings. We will continue to be accessible, transparent and responsive to all of our constituencies,” said Richard B. Handler, Chief Executive Officer of both Leucadia and Jefferies. Link to comment Share on other sites More sharing options...
Grenville Posted April 9, 2013 Share Posted April 9, 2013 New creditor presentation just posted for JEF for Q1 2013: http://investor-relations.jefferies.com/file.aspx?IID=102756&FID=1001174483 Link to comment Share on other sites More sharing options...
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