The stock market overall had a strong start in June. That strong start to the month slowly faded as cases of COVID-19 started to rise throughout the country as states started to reopen. While indexes were slightly up, market uncertainty still looms.
Fidelity National Financial Inc. on June 4 announced the final results of the elections made by former shareholders of FGL Holdings regarding the form of merger consideration they wished to receive in connection with FNF’s acquisition of F&G pursuant to that certain merger agreement by and among FNF, F&G, F I Corp. and F II Corp., which closed on June 1. As previously announced, F&G shareholders were able to elect to receive, without interest and subject to any required withholding of taxes, $12.50 in cash or 0.2558 shares of FNF common stock per F&G share.
All elections for cash consideration and stock consideration were subject to potential proration and adjustment as set forth in the merger agreement and election materials. We did not track Fidelity National Financial Inc. for the month of June.
Eleven of the 18 Iowa-based companies on the Business Record’s Iowa Index posted stock price gains for the month. Six of those companies saw double-digit percentage gains. Seven of the 18 posted losses in stock price; two posted double-digit losses.
Flexsteel Industries Inc.had the largest gain of the month with a 29.41% increase. HNI Corp. had the second-biggest gain with a 20.78% increase. Workiva Inc. was third with an 18.81% increase.
The three companies that posted the biggest percentage losses were Lee Enterprises Inc. at 12.50%, Renewable Energy Group Inc. at 11.56% and Casey’s General Stores Inc. at 7.30%.
The Iowa Index, an unweighted average price of 18 Iowa-based public companies, increased 3.32% in June, compared with a 5.30% increase in the Nasdaq stock index and a modest 1.33% increase in the Dow Jones industrial average.
The Iowa-based companies that make up the Iowa Index are in bold in this list of companies with sizable operations in the state.
All elections for cash consideration and stock consideration were subject to potential proration and adjustment as set forth in the merger agreement and election materials. We did not track Fidelity National Financial Inc. for the month of June.
Eleven of the 18 Iowa-based companies on the Business Record’s Iowa Index posted stock price gains for the month. Six of those companies saw double-digit percentage gains. Seven of the 18 posted losses in stock price; two posted double-digit losses.
Flexsteel Industries Inc.had the largest gain of the month with a 29.41% increase. HNI Corp. had the second-biggest gain with a 20.78% increase. Workiva Inc. was third with an 18.81% increase.
The three companies that posted the biggest percentage losses were Lee Enterprises Inc. at 12.50%, Renewable Energy Group Inc. at 11.56% and Casey’s General Stores Inc. at 7.30%.
The Iowa Index, an unweighted average price of 18 Iowa-based public companies, increased 3.32% in June, compared with a 5.30% increase in the Nasdaq stock index and a modest 1.33% increase in the Dow Jones industrial average.
The Iowa-based companies that make up the Iowa Index are in bold in this list of companies with sizable operations in the state.
All elections for cash consideration and stock consideration were subject to potential proration and adjustment as set forth in the merger agreement and election materials. We did not track Fidelity National Financial Inc. for the month of June.
Eleven of the 18 Iowa-based companies on the Business Record’s Iowa Index posted stock price gains for the month. Six of those companies saw double-digit percentage gains. Seven of the 18 posted losses in stock price; two posted double-digit losses.
Flexsteel Industries Inc.had the largest gain of the month with a 29.41% increase. HNI Corp. had the second-biggest gain with a 20.78% increase. Workiva Inc. was third with an 18.81% increase.
The three companies that posted the biggest percentage losses were Lee Enterprises Inc. at 12.50%, Renewable Energy Group Inc. at 11.56% and Casey’s General Stores Inc. at 7.30%.
The Iowa Index, an unweighted average price of 18 Iowa-based public companies, increased 3.32% in June, compared with a 5.30% increase in the Nasdaq stock index and a modest 1.33% increase in the Dow Jones industrial average.
The Iowa-based companies that make up the Iowa Index are in bold in this list of companies with sizable operations in the state.
All elections for cash consideration and stock consideration were subject to potential proration and adjustment as set forth in the merger agreement and election materials. We did not track Fidelity National Financial Inc. for the month of June.
Eleven of the 18 Iowa-based companies on the Business Record’s Iowa Index posted stock price gains for the month. Six of those companies saw double-digit percentage gains. Seven of the 18 posted losses in stock price; two posted double-digit losses.
Flexsteel Industries Inc.had the largest gain of the month with a 29.41% increase. HNI Corp. had the second-biggest gain with a 20.78% increase. Workiva Inc. was third with an 18.81% increase.
The three companies that posted the biggest percentage losses were Lee Enterprises Inc. at 12.50%, Renewable Energy Group Inc. at 11.56% and Casey’s General Stores Inc. at 7.30%.
The Iowa Index, an unweighted average price of 18 Iowa-based public companies, increased 3.32% in June, compared with a 5.30% increase in the Nasdaq stock index and a modest 1.33% increase in the Dow Jones industrial average.
The Iowa-based companies that make up the Iowa Index are in bold in this list of companies with sizable operations in the state.
All elections for cash consideration and stock consideration were subject to potential proration and adjustment as set forth in the merger agreement and election materials. We did not track Fidelity National Financial Inc. for the month of June.
Eleven of the 18 Iowa-based companies on the Business Record’s Iowa Index posted stock price gains for the month. Six of those companies saw double-digit percentage gains. Seven of the 18 posted losses in stock price; two posted double-digit losses.
Flexsteel Industries Inc.had the largest gain of the month with a 29.41% increase. HNI Corp. had the second-biggest gain with a 20.78% increase. Workiva Inc. was third with an 18.81% increase.
The three companies that posted the biggest percentage losses were Lee Enterprises Inc. at 12.50%, Renewable Energy Group Inc. at 11.56% and Casey’s General Stores Inc. at 7.30%.
The Iowa Index, an unweighted average price of 18 Iowa-based public companies, increased 3.32% in June, compared with a 5.30% increase in the Nasdaq stock index and a modest 1.33% increase in the Dow Jones industrial average.
The Iowa-based companies that make up the Iowa Index are in bold in this list of companies with sizable operations in the state.
All elections for cash consideration and stock consideration were subject to potential proration and adjustment as set forth in the merger agreement and election materials. We did not track Fidelity National Financial Inc. for the month of June.
Eleven of the 18 Iowa-based companies on the Business Record’s Iowa Index posted stock price gains for the month. Six of those companies saw double-digit percentage gains. Seven of the 18 posted losses in stock price; two posted double-digit losses.
Flexsteel Industries Inc.had the largest gain of the month with a 29.41% increase. HNI Corp. had the second-biggest gain with a 20.78% increase. Workiva Inc. was third with an 18.81% increase.
The three companies that posted the biggest percentage losses were Lee Enterprises Inc. at 12.50%, Renewable Energy Group Inc. at 11.56% and Casey’s General Stores Inc. at 7.30%.
The Iowa Index, an unweighted average price of 18 Iowa-based public companies, increased 3.32% in June, compared with a 5.30% increase in the Nasdaq stock index and a modest 1.33% increase in the Dow Jones industrial average.
The Iowa-based companies that make up the Iowa Index are in bold in this list of companies with sizable operations in the state.
The stock market overall had a strong start in June. That strong start to the month slowly faded as cases of COVID-19 started to rise throughout the country as states started to reopen. While indexes were slightly up, market uncertainty still looms.
