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FEATURED CONTENT – FROM THE EXPERTS               August 7, 2018

Turning a Profit on Slow-Moving Inventory

In a few weeks, retailers will wrap up the third quarter and begin preparing their stores for fall sales and a profitable holiday season. But, what can you do when summer is almost over and you still have slow-selling merchandise from spring and old products from last year? Buying the right amount of merchandise for the selling season is not an exact science. If you’re a member of a co-op or buying group you may get help from inventory planners or product merchants, but they can miss the boat too.
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Do You G.E.T. Your Customers?

In the retail industry, no matter the size of the store, there are a few common concerns: profit, stock management, hiring, firing, managing… But one that everyone deals with and wishes they didn’t is Loss Prevention. Some retail outlets have their own Loss Prevention departments with managers, assistants, agents and more for every store. Some outlets aren’t big enough to do that. So what do you do if your establishment doesn’t have dedicated loss prevention personnel but you want to do what you can to prevent theft?  One answer is simple: GET your customers.
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There’s No Place Like Home

“There’s no place like home.”  Who could ever forget those few simple, emotional words spoken by Dorothy, in the now classic 1939 movie, The Wizard of Oz. Fast forward to 2018 and that same sentiment aptly describes how millions of millennials and baby boomers feel about the homes they’ve purchased, occupy and maintain. Even though home ownership entails devoting a significant amount of time and money to do-it-yourself projects or more complex renovations managed by a pro, ownership continues to be the American dream.
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FEATURED PRODUCTS

NEWS AND EVENTS

Xome Hires Rayman Kaur Mathoda as Chief Executive Officer

DALLAS–Xome® Holdings LLC (“Xome”), an indirect wholly-owned subsidiary of WMIH Corp.  (NASDAQ: WMIH), today announced the appointment of Rayman Kaur Mathoda as Chief Executive Officer. Mathoda will be responsible for all Xome operations, continuing to offer enhanced solutions and exceptional service to its clients.
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AG Mortgage Investment Trust, Inc. Reports Second Quarter 2018 Results

NEW YORK–AG Mortgage Investment Trust, Inc. (“MITT” or the “Company”) (NYSE: MITT) today reported financial results for the quarter-ended June 30, 2018. AG Mortgage Investment Trust, Inc. is a hybrid mortgage REIT that opportunistically invests in a diversified risk-adjusted portfolio of Agency RMBS and Credit Investments, which include our Residential Investments, Commercial Investments and ABS Investments.
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Constellation Accepting Applications for 2018 Energy to Educate Grant Program

BALTIMORE–Constellation, an Exelon company, is accepting applications for its 2018 E2 Energy to Educate grant program, which provides funding for student research projects focusing on energy innovation. Students in grades 6-12 can apply for program grants up to $25,000, and students in two- and four-year colleges can apply for grants up to $50,000. The deadline for applications is Oct. 1, 2018.
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Sears.com Strengthens Assortment

HOFFMAN ESTATES, Ill., — Sears is bolstering its online marketplace as it strategically adds top brands and popular products to sears.com sold by third-party sellers. Today, the company announced that it is adding floor care brands Hoover®, Dirt Devil® and Oreck®; men’s and women’s national shoe brands Dockers®, G.H. Bass & Co.® and Lucky Brand®; and precious metals including gold, silver, platinum and palladium bullion bars, rounds and coins, as well as premium bullion products.
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Kosmos Energy Enters Gulf of Mexico with $1.225 Billion Acquisition of Deep Gulf Energy

DALLAS–Kosmos Energy (NYSE/LSE: KOS) announced today that the company has entered into an agreement to acquire Deep Gulf Energy (“DGE”)1, a leading deepwater company operating in the Gulf of Mexico, from First Reserve and other shareholders for a total consideration of $1.225 billion, subject to certain adjustments. By acquiring DGE, Kosmos adds to its deepwater Atlantic Margin portfolio an established business with attractive assets and a strong record of growing production and reserves through infrastructure-led exploration. This immediately accretive acquisition enhances the scale of the company and is expected to generate significant free cash flow, enabling Kosmos to return cash to shareholders through a dividend, beginning in the first quarter of 2019.
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Snap-on Incorporated Declares Quarterly Dividend

KENOSHA, Wis.–The Snap-on Incorporated (NYSE: SNA) board of directors declared today a quarterly common stock dividend of $0.82 per share payable September 10, 2018 to shareholders of record on August 17, 2018. Snap-on has paid consecutive quarterly cash dividends, without interruption or reduction, since 1939.
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Smith-Midland Announces Second Quarter 2018 Results

MIDLAND, Va.–Smith-Midland Corporation (the Company) (OTCQX: SMID), which develops, manufactures, licenses, rents, and sells a broad array of precast concrete products for use primarily in the construction, transportation and utilities industries, today announced results for the quarter ended June 30, 2018.
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