SeekingAlpha ETFs (Free subscription) | 11/13/2009
Joe Eqcome submits: Adams Express Company ( ADX ) is a closed-end fund (CEF) that has traded at a persistent discount to its NAV. (For background on the case, see the previous report dated 3/2/09 entitled: “ The Case for Tender, Liquidation or Conversion of ADX ” (pdf).) The unfortunate aspect of ADX’s persistent discount is the managers of this internally managed CEF have...
PR News Wire (Free subscription) | 11/12/2009
BALTIMORE, Nov. 12 /PRNewswire-FirstCall/ -- The Board of Directors of The Adams Express Company (NYSE: ADX) declared today a year-end distribution of $0.30 per share, consisting of the following:
PR News Wire (Free subscription) | 10/22/2009
NEW YORK, Oct. 22 /PRNewswire-FirstCall/ -- Adams Express/Petroleum & Resources (ADX/PEO) announces the following Webcast:
CNNMoney.com (Free subscription) | 11/20/2009
... the middle of next year since interest rates should stay low," said Doug Ober, chairman and CEO of Adams Express () and Petroleum & Resources (), two closed-end funds that invest mainly in U.S. stocks.Ober said that he's hoping to take advantage of any pullback in the markets over the next few months, particularly in the technology and consumer sectors. He said that Microsoft (, ) and Intel...
New York Times (Free subscription) | 11/06/2009
He went to study in Paris at only 19, and won a trickle of commissions in the early 1870s, including a relief of a bulldog armed with revolvers guarding a safe for an Adams Express Company building in Chicago. In 1875, “a devouring love for ice cream” brought him together with the young architects Charles McKim and Stanford White, “a couple of redheads who have been thoroughly mixed up in my...
