Five Oaks Investment sees IPO of $ 85.5 million
News from Reuters:

March 13 | Wed Mar 13, 2013 6:19pm EDT

March 13 (Reuters) – Five Oaks Investment Corp, an investor in mortgage-backed securities, said it expects to sell 5.7 million shares for $ 15 per share, raising $ 85.5 million in an initial public offering of its common stock.

The Maryland-based company added UBS, Mitsubishi UFJ Securities, Aegis Capital Corp and National Securities to its list of underwriters. ()

The company plans to list its common stock on the New York Stock Exchange under the symbol “OAKS”. The company had earlier planned to list under the symbol “FOIC”.

The company which filed for an IPO in December 2012, plans to use the proceeds from the IPO to buy residential mortgage-backed securities.

Barclays, Credit Suisse and UBS are lead underwriters to the offering.

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The Face of Corporate Yoga, Fitness, and Wellness – Part 4

The phrase “an ounce of prevention is worth a pound of cure” is definitely being put to the test in today’s health and fitness marketplace. Seventy seven percent of large manufacturing companies have reported offering some form of wellness program, while smaller companies are slower to offer such benefits. One of the reasons for the hesitation is this: Is there a measurable and quantifiable Return on Investment (ROI) in corporate fitness and wellness programs? The answer is simple~YES.

Why Should Employers Get Involved? There are numerous potential benefits to employers. A meta-analysis of corporate health and wellness programs shows for every corporate dollar spent on wellness programs, an average of $ 3.37 was saved. Studies also show the following positive results when health and wellness programs are made available to employees and their families either on-site or with partnerships (gym and studio memberships, Weight Watchers meetings, etc.)

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Zvi Bodie is Professor of Finance and Economics at the Boston University School of Management. He is the director of Boston Univer…
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