Richardson GMP Limited to acquire Macquarie Private Wealth Inc.

Richardson GMP Limited (Richardson GMP) today announced that it has reached an agreement (the Agreement) to acquire Macquarie Group's Canadian retail business, Macquarie Private Wealth Inc. (MPW Canada).  Upon completion of the transaction, Richardson GMP will have $28 billion in assets under administration.

"This transformational transaction for Richardson GMP reinforces our position as the largest independent wealth management firm in Canada," said Andrew Marsh, President and CEO of Richardson GMP. "It further establishes Richardson GMP as a firm that can compete with larger institutions, while maintaining a boutique culture. This transaction vaults Richardson GMP into a league of our own."

New York, NY - September 10, 2013 (www.investorideas.com newswire) Investorideas.com, an investor research portal specializing in investing ideas in leading sectors including biometric and mobile security stocks issues a snapshot on key developments in the sector. Apple's (NASDAQ:AAPL) acquisition of mobile security company AuthenTec for over $350 million has Wall Street and the industry buzzing about how biometric technology in smartphones will impact the global m-commerce market.

Gartner Research projects worldwide mobile payment transactions will exceed $235 billion in 2013, reaching $721 billion in annual transactions with more than 450 million users by 2017. That creates a big opportunity for companies in the mobile security space.

 Cheaply valuated stocks with a predictable business and yields over 3% originally published at long-term-investments.blogspot.com. It's important not to overpay a stock. The first rule you need to follow is to pay acceptable prices for a growing business that is somehow calculable. I talk about a business model with nearly stable sales that grow over the long-run.

On my blog, I often present such companies with a low volatile business and good yields. Today I would like to use the gurufocus screener about predictable companies.

The screener gave me the opportunity to look for new, customized stock ideas which I would like to share with you here now. Below is a list of the best yielding cheaply valuated stocks with yields over 3 percent as well as a forward P/E under 15.

 Carl Icahn's asset allocation strategy originally published at long-term-investments.blogspot.com. Some of you might have heard about Carl Icahn, the Jewish investor. Icahn manages around $21.5 billion in his asset management vehicle Icahn Capital Management.

Within the past, Icahn had proved a very good taste in investing. With only 19 shares, he is also a much undiversified guy and focused on stocks we really knows. In the past I've described his latest Q1 stock purchases.

Today, I would like to show you the latest stock moves from Carl Icahn from the second quarter. In Q2, Carl hit the button for 16 trades and purchased only seven stocks of which one was a completely new stake in his portfolio. Five of his stock acquisitions pay dividends. You can find a detailed list about these stocks below. The biggest moves were reasonable to Dell, CVR Refining as well as Nuance Communications.