| 单词 | preferred stock |
| 例句 | “That peculiar mechanism which transforms writers into celebrities, and their books into preferred stock, just hasn’t worked for him.” John A. Williams, an Underrated Novelist Who Wrote About Black Identity, Dies at 89 2015-07-06T04:00:00Z Australian investors have historically preferred stocks to bonds, in part due to dividend friendly tax laws since the 1980s that enhance income from stocks. Australia's $1.5 trln pension sector invests in debt again 2023-08-21T04:00:00Z He also said it violates the certificate of designation that governs AMC's preferred stock. AMC hit with fresh class-action lawsuit over stock conversion 2023-08-15T04:00:00Z AMC was sued in February for allegedly rigging a shareholder vote that would allow it to convert preferred stock to common stock and issue hundreds of millions of new shares. AMC Entertainment to effect 10:1 reverse split on Aug. 24 2023-08-14T04:00:00Z AMC investors had sued the company in February, alleging a plan to convert preferred stock to common stock was enacted to circumvent the will of common stock holders who opposed the issuing of new shares. AMC shares jump as stock conversion plan halted, preferred shares slide 2023-07-24T04:00:00Z The company was sued in February for allegedly rigging a shareholder vote that would allow AMC to convert preferred stock to common stock and issue hundreds of millions of new shares. AMC, 'meme' investors to face off in court over stock conversion 2023-06-28T04:00:00Z In the first quarter, Occidental began retiring some of the $10 billion of preferred stock it sold Berkshire to help fund the acquisition of Anadarko operations four years ago. Occidental to favor buybacks over funding direct air capture plants 2023-05-10T04:00:00Z Berkshire said on Saturday that Occidental redeemed about $474 million of the preferred stock at a premium, which it had a right to do, reducing dividend payouts. Warren Buffett says Berkshire not planning to buy Occidental Petroleum 2023-05-06T04:00:00Z S&P also lowered credit ratings on First Republic's subordinated debt and preferred stock to 'D' from 'B-.' S&P cuts First Republic's credit rating, says default a 'virtual certainty' 2023-05-03T04:00:00Z Apart from the company's common stock, seven different types of its preferred stock will also be delisted. NYSE to delist First Republic Bank shares 2023-05-02T04:00:00Z The investors, a Pennsylvania pension fund and an individual shareholder, had initially asked Delaware Vice Chancellor Morgan Zurn to block holders of preferred stock from the vote which was structured in their favor. AMC, 'meme' investors to face off in court over stock conversion 2023-06-28T04:00:00Z JPMorgan is not assuming First Republic’s corporate debt or preferred stock. What to know about First Republic and the banking crisis 2023-05-01T04:00:00Z JPMorgan is not assuming First Republic’s corporate debt or preferred stock, it said in a statement. JPMorgan’s acquisition of First Republic revives too-big-to-fail talk 2023-05-01T04:00:00Z JPMorgan Chase, which has agreed to buy the deposits and most of the assets of First Republic, stressed that it is not assuming any of First Republic’s corporate debt or preferred stocks. Why First Republic failed. Are other banks to follow? 2023-05-01T04:00:00Z JPMorgan Chase said that it would not assume First Republic’s corporate debt or preferred stock. First Republic Is Sold: What to Know 2023-05-01T04:00:00Z The company had planned to raise around $1 billion through the offering of preferred stock and warrants in a last-ditch attempt to avoid bankruptcy, and had so far raised $360 million through the complex deal. Bed Bath & Beyond plans to sell $300 mln in stock, again warns of bankruptcy 2023-03-30T04:00:00Z Bed Bath & Beyond had said last month it was planning to raise around $1 billion, through an offering of preferred stock and warrants, to avoid bankruptcy. Bed Bath & Beyond cuts 1,300 jobs in New Jersey (March 24) 2023-03-27T04:00:00Z In February, the company said it was planning to raise some $1 billion through an offering of preferred stock and warrants. Bed Bath & Beyond announces reverse stock split plan, shares drop 2023-03-17T04:00:00Z The retailer has so far raised $360 million out of the roughly $1 billion that it planned in a complex deal of preferred stock and warrant offerings. Bed Bath & Beyond raises $135 million more to aid turnaround effort 2023-03-08T05:00:00Z The mixed shelf will include shares of its common stock, preferred stock, warrants, debt securities and purchase contracts, the company said. Nvidia files mixed shelf offering of up to $10 bln 2023-02-28T05:00:00Z A pension fund and two individual investors who have sued said in their proposed class actions that creating the preferred stock was an attempted end run around common shareholders. AMC shares up as judge sets April hearing in shareholder case 2023-02-27T05:00:00Z The Pennsylvania pension fund said in the lawsuit that creation of the preferred stock was an attempt to circumvent shareholders' will. AMC shareholders sue company over vote to add shares 2023-02-21T05:00:00Z The announcement came after the company based in Union, New Jersey, said it had raised about $1 billion through offerings of preferred stock and warrants to purchase the company’s common stock. Struggling Bed Bath & Beyond closing 150 more stores 2023-02-07T05:00:00Z Bed Bath & Beyond Inc said on Monday it was planning to raise some $1 billion through an offering of preferred stock and warrants in a last-ditch effort to stave off bankruptcy. DuPont fourth-quarter profit beats on higher prices 2023-02-07T05:00:00Z In December, AMC said it would raise $110 million in new equity capital through the sale of its preferred stock and proposed a reverse stock split. AMC to price movie tickets based on seating 2023-02-06T05:00:00Z Holders of the preferred stock will be allowed to vote on the matter alongside holders of common stock. Analysis: AMC sets unusual shareholder vote for meme stock sale approval 2023-02-01T05:00:00Z Shareholders of AMC, a movie theater chain hit hard by pandemic closures, got one share of preferred stock for every common AMC share they own. AMC’s preferred stock deal is being closely watched. 2022-08-23T04:00:00Z AMC then drew upon pre-existing shareholder approval to issue preferred stock. Whistle-blower Spam Claims Pose Challenge for Twitter 2022-08-23T04:00:00Z Another meme-stock darling, AMC Entertainment Holdings Inc., was volatile as its preferred stock made its debut Monday under the ticker “APE.” Bed Bath & Beyond leads rout in meme stocks as mania fizzles 2022-08-22T04:00:00Z In addition to Berkshire’s massive stake in Occidental’s common shares, it also holds $10 billion worth of preferred stock and warrants to buy another 83.9 million Occidental shares at $59.62 apiece. Warren Buffett’s company likely to keep buying Occidental 2022-08-22T04:00:00Z Since then, it has raised more than $250 million by selling new preferred stock, most of it through a deal with hedge fund Antara Capital LP. Analysis: AMC sets unusual shareholder vote for meme stock sale approval 2023-02-01T05:00:00Z AMC's preferred stock will begin trading on the New York Stock Exchange on Monday under the ticker "APE". AMC slumps as Cineworld's bankruptcy warning spells trouble ahead of APE debut 2022-08-22T04:00:00Z AMC also announced a special dividend in the form of preferred stock, to paid on Aug. 19. AMC Entertainment beats quarterly revenue estimates, announces dividend 2022-08-04T04:00:00Z Berkshire's preferred stock investment helped finance that takeover. Berkshire Hathaway owns 18.7% of Occidental after new 12 mln share purchase 2022-07-07T04:00:00Z Berkshire bought $10 billion of Occidental preferred stock to help finance that purchase, and obtained the warrants at that time. Berkshire Hathaway buys 9.9 million more Occidental shares, has 17.4% stake 2022-07-02T04:00:00Z AMC said in the Jan. 26 filing that it is proposing the conversion of preferred stock to common stock to eliminate the trading discount. Analysis: AMC sets unusual shareholder vote for meme stock sale approval 2023-02-01T05:00:00Z The Twitter board’s poison pill would give stockholders as of April 25 the right to buy one one-thousandth of a share of preferred stock for each common share they own, at a price of $210. Shareholders await Musk’s next move in Twitter takeover bid 2022-04-18T04:00:00Z The rights agreement would give shareholders as of April 25 the right to buy one one-thousandth of a share of preferred stock for each common share they own, at a price of $210. Twitter says poison pill makes ‘coercive’ takeover difficult 2022-04-18T04:00:00Z But the new company doesn’t have preferred stock or controlling shareholders. With Warner Bros. Discovery, David Zaslav launches a new renovation 2022-04-08T04:00:00Z Morgan said on Friday as they dropped the companies from the list of most preferred stocks. J.P. Morgan drops Apple, Qualcomm from top picks as tech demand slows 2022-04-01T04:00:00Z Hertz made a stock market return last year after exiting U.S. bankruptcy proceedings and is raising debt to refinance expensive preferred stock it issued as part of the restructuring. Hertz profit rises on ongoing travel rebound, but restructuring costs weigh 2022-02-23T05:00:00Z The preferred stock would have the same voting rights as a common share, according to the filing, which does not specifically mention Musk. Shareholders await Musk’s next move in Twitter takeover bid 2022-04-18T04:00:00Z The preferred stock would have the same voting rights as a common share. Twitter says poison pill makes ‘coercive’ takeover difficult 2022-04-18T04:00:00Z Under the plan, American will issue one preferred stock purchase right in the form of a dividend for each outstanding share of American Airlines common stock. American Airlines launches rights issue plan to protect $16.5 bln tax benefit 2021-12-22T05:00:00Z Holding stock through the good times and the bad will ensure you never miss large jumps in price and increase dividend earnings if your preferred stock offers them. Get the most out of your money with these helpful investing tips | Provided by 1st Security Bank 2021-06-21T04:00:00Z The casino, amusement park and resort group said it entered into a subscription agreement to subscribe for up to $150 million of Series L preferred stock of Empire, an indirect wholly-owned subsidiary. Genting Malaysia injecting $150 million into U.S.-based Empire Resorts 2020-09-12T04:00:00Z Shareholders who exercise the rights and buy preferred stock at $210 would get $420 in Twitter stock or assets, he said. Shareholders await Musk’s next move in Twitter takeover bid 2022-04-18T04:00:00Z Berkshire began investing in Bank of America in 2011, a time many investors worried about the bank’s capital needs, when it acquired $5 billion of preferred stock plus warrants to buy 700 million common shares. Buffett's Berkshire boosts its stake in Bank of America to 11.8% 2020-07-31T04:00:00Z Besides earning compensation at both trusts, Mr. Bennett takes dividends on his Ashford Inc. preferred stock holdings and a salary from the company. Hotelier’s Push for $126 Million in Small-Business Aid Draws Scrutiny 2020-05-01T04:00:00Z The company recently suspended its dividend on a series of convertible preferred stock. Exclusive: Chesapeake Energy preparing bankruptcy filing - sources 2020-04-29T04:00:00Z The U.S. government received preferred stock for the $234 billion invested in the two housing giants. Coronavirus bailouts will cost taxpayers hundreds of billions of dollars –— unlike past rescues 2020-04-28T04:00:00Z The fund will invest in preferred stock, convertible bonds and senior debt, in primary and secondary markets, in what Glade Brook sees as “high quality” but “dislocated” private technology companies, according to the materials. Glade Brook pitches 'extraordinary opportunity' in tech debt amid coronavirus 2020-04-14T04:00:00Z The department said that for small companies, it dropped a demand for financial considerations such as warrants or preferred stock to compensate taxpayers. Airlines and Trump administration haggle over payroll grants 2020-04-10T04:00:00Z The preferred stock agreements guarantee Treasury a 10% dividend and allows it to sweep the firms’ profits into its coffers. U.S. Treasury calls for recapitalizing Fannie, Freddie in... 2019-09-05T04:00:00Z Under the current terms of the preferred stock agreement, Treasury is guaranteed a 10% dividend and sweeps the firms’ quarterly net profits into its coffers. Trump's ambitious Fannie, Freddie overhaul faces hurdles 2019-07-26T04:00:00Z Berkshire will receive 100,000 shares of preferred stock in Occidental, according to a statement Tuesday. Buffett invests $10 billion in Occidental for Anadarko bid 2019-04-30T04:00:00Z According to the complaint, the Morleys convinced 130 investors in nine states to invest $33 million in preferred stock in Nevada-based Summit Trust Company. Maryland couple to pay $4M fine for Ponzi scheme promotion 2019-01-07T05:00:00Z Another type of stock you might encounter is “preferred stock.” The Motley Fool: What is an ‘activist investor’? 2018-12-29T05:00:00Z The stock cancellation included 450 million in common stock and 81 million in preferred stock, the company said in a filing to the stock exchange. Samsung Elec says it will cancel $4.4 billion worth of shares 2018-11-29T05:00:00Z SiriusXM currently owns convertible preferred stock in Pandora that represents a stake of approximately 15 percent on an as-converted basis, it said. SiriusXM to acquire Pandora in $3.5B deal 2018-09-24T04:00:00Z Sharp is also selling $1.8 billion worth of new shares to buy back preferred stock, which were issued to banks in return for a financial bailout. Foxconn imagines life beyond Apple but faces major risks as it... 2018-06-06T04:00:00Z The buyback was made ahead of a 2017 deadline to reduce rising dividend obligations on the preferred stock, cutting GM Korea’s costs. A question of interest at the heart of debate over GM Korea rescue 2018-02-27T05:00:00Z If rebalancing is required to constrain portfolio risk, consider REITs and preferred stock. How to Invest in an Overpriced World 2018-01-23T05:00:00Z The preferred stock, which also had special voting rights, is held by early venture investors including Benchmark. Uber’s board approves changes to reshape company’s balance of power 2017-10-03T04:00:00Z The preferred stock, which also had special voting rights, is held by early venture investors in Uber including Benchmark. Uber’s Board Approves Changes to Reshape Company’s Power Balance 2017-10-03T04:00:00Z Discovery Communications is worth about $15 billion, including its preferred stocks, according to S&P Global Market... Discovery Communications and Scripps Networks in Talks to Combine 2017-07-19T04:00:00Z The buyback was made ahead of a 2017 deadline to reduce rising dividend obligations on the preferred stock, cutting GM Korea’s costs. A question of interest at the heart of debate over GM Korea rescue 2018-02-27T05:00:00Z Berkshire expects to use $5 billion of Bank of America's 6 percent preferred stock that it currently owns to fund the acquisition. Berkshire to swap BofA preferred stock for 700 million common shares 2017-06-30T04:00:00Z Buffett told his shareholders earlier this year that he planned to trade Berkshire’s preferred stock for common shares once Bank of America raised its dividend over 44 cents. Buffett’s firm to become Bank of America’s biggest investor 2017-06-29T04:00:00Z SiriusXM, which is buying preferred stock and taking a 19 percent stake in Pandora, will also select three people to be named to Pandora’s board. Banks, energy stocks lead early gains for US market indexes 2017-06-09T04:00:00Z There might also be payments to other owner classes, such as holders of preferred stock. The Motley Fool: Useful tips on investing 2017-04-29T04:00:00Z Mark Freeman, chief investment officer of Westwood Holdings Group, who does not own GM, said he would not buy a dividend-focused share class that was not a preferred stock. Einhorn's GM plan poses conflict challenge for board 2017-03-30T04:00:00Z Mr. Buffett backed the firm when it merged Heinz with Kraft, providing financing for a nice fat rate of interest on a preferred stock. Can 3G Capital Keep Thriving on Acquisitions and Cost Cutting? 2017-03-07T05:00:00Z That would benefit hedge fund managers like Bruce R. Berkowitz, a big owner of Fannie Mae preferred stock. Decade After Crisis, No Resolution for Fannie and Freddie 2017-02-07T05:00:00Z Its 2013 lawsuit focused on the companies' preferred stock, which threw off 10 percent dividends before being eliminated. U.S. can withhold some documents in Fannie, Freddie case: court 2017-01-30T05:00:00Z Four other classes – real estate investment trusts, preferred stocks, master limited partnerships and equities – also are held at 20 percent apiece and combine for a 6.2 percent SEC yield. 8 Great ETFs That Hold ETFs 2016-10-12T04:00:00Z Investors bought the employee stock at a discount—last year’s $93.09 a share price—because the common stock doesn’t grant investor protections like preferred stock does, the people said. Airbnb’s Funding Round Led by Google Capital 2016-09-22T04:00:00Z The idea that banks are better capitalized, they argue, should be reflected in their stock prices—the less risky they are, the lower the expected return on bank debt, bank preferred stock and common stock. New Laws Haven’t Made Big Banks Safer, Paper by Lawrence Summers Says 2016-09-15T04:00:00Z When a preferred stock sells at a premium well above its original par value, the fixed coupon, or interest payment, falls as a percentage of the stock's price. Are Preferred Stocks Preferable? 2016-08-23T04:00:00Z Most resulted from Kraft Heinz Co's redemption of $8.32 billion of preferred stock that Berkshire held. Berkshire profit up 25 percent as insurance helps, BNSF weighs 2016-08-05T04:00:00Z Under the terms of the deal, Google Capital will buy convertible preferred stock in Care.com at a conversion price of $10.50 a share, or 24 percent above Wednesday’s closing price for its common stock. Google Capital Ventures Into Public Companies With Care.com 2016-06-29T04:00:00Z But high-quality preferred stocks with attractive dividend streams are relatively stable and are only moderately more volatile than bonds. The ‘Preferred’ Path to Higher Returns 2016-06-19T04:00:00Z To examine expected returns, they looked at credit default swaps, preferred stock yields and earnings-price ratios. New Laws Haven’t Made Big Banks Safer, Paper by Lawrence Summers Says 2016-09-15T04:00:00Z Stratton says a preferred stock with a 6 or 7 percent coupon may actually yield only 5 percent due to the price premium. Are Preferred Stocks Preferable? 2016-08-23T04:00:00Z Hubbard’s business partner testified earlier in the trial that in order to alleviate the company’s debt, they decided to seek investments from deep-pocketed individuals in exchange for preferred stock in the company. Men say they invested in speaker’s company out of friendship 2016-06-02T04:00:00Z In another sign of investor interest, most of Snapchat’s investors agreed to receive common shares, instead of preferred stock. Snapchat Valuation Nears $18 Billion 2016-05-26T04:00:00Z It is true that if interest rates rise the prices of preferred stocks may fall along with bonds. The ‘Preferred’ Path to Higher Returns 2016-06-19T04:00:00Z The plan announced Monday allows existing shareholders to buy preferred stock if a person or group acquires at least 20 percent of its shares. In an attempt to fend off a takeover by USA Today owner Gannett, Tribune Publishing says it adopted a one-year shareholder rights plan 2016-05-09T04:00:00Z Financial institutions, real estate investment trusts and utilities are the biggest issuers of preferred stock, so investors must decide how much exposure they want to those sectors, he says. Are Preferred Stocks Preferable? 2016-08-23T04:00:00Z Tribune Publishing's plan, announced Monday, allows existing shareholders to buy preferred stock if a person or group acquires at least 20% of its stock. Tribune Publishing adopts 'poison pill' plan to fend off Gannett 2016-05-09T04:00:00Z These substituted the profit sweep for an earlier requirement the companies pay a 10% dividend on senior preferred stock held by the government. Fannie and Freddie Rally on Wishful Thinking 2016-04-14T04:00:00Z In return, it received new issues of senior preferred stock. Fannie and Freddie and the 10% Moment 2016-03-16T04:00:00Z The company is offering equity to its holders of preferred stock and unsecured notes in an exchange offer that expires March 16. Debt deadlines loom for SandRidge, Venoco and Energy XXI 2016-03-14T04:00:00Z "If you buy individual preferred stock, this can lead to inadvertently concentrating your portfolio in specific financial firms as well as in the financial sector as a whole," Eyman says. Are Preferred Stocks Preferable? 2016-08-23T04:00:00Z Some investors who bought into the company last year agreed to receive common shares, instead of preferred stock, two people familiar with the matter told The Wall Street Journal at the time. Snapchat Raises $175 Million From Fidelity at Flat Valuation 2016-03-04T05:00:00Z The Oklahoma City-based company also suspended payment of dividends on preferred stock last month, following in lockstep with other oil and gas companies seeking to conserve cash. Chesapeake Energy hires restructuring lawyers: sources 2016-02-08T05:00:00Z Fixed-income securities, including preferred stocks, need to be included to anchor your portfolio despite their low current yields. Investing for 2016 in an Expensive Market 2015-12-30T05:00:00Z In contrast, investors in Good, who owned a class of stock called preferred shares, walked away with millions because their preferred stock was valued at more than $3 a share. Daily Report: The Perils Facing Tech Start-Up Employees 2015-12-24T05:00:00Z Over the years, says Esser, credit risk has become a bigger concern for preferred stock investors. Are Preferred Stocks Preferable? 2016-08-23T04:00:00Z Many investors have preferred stock, a class of shares that can come with a guaranteed payout. When a Unicorn Start-Up Stumbles, Its Employees Get Hurt 2015-12-23T05:00:00Z The Jumpstart provision specifically refers to the 2012 amendment to the preferred stock agreements that created the profit sweep dividend. Why Fannie Mae Revival Hopes Are Withering on Capitol Hill 2015-12-17T05:00:00Z This would rank above unsecured borrowings and preferred stock in the pecking order in case of bankruptcy. Chesapeake Shareholders Sell First, Ask Questions Later 2015-12-03T05:00:00Z After Goldman redeemed the preferred stock, Berkshire renegotiated the warrants, and acquired a smaller number of Goldman shares in a cashless transaction. Buffett's Berkshire cuts crisis-era Goldman stake 2015-11-16T05:00:00Z However, preferred stocks can be called like many bonds, generally at a par value set when the shares are issued. Are Preferred Stocks Preferable? 2016-08-23T04:00:00Z In contrast, preferred stock owned by Good’s venture capitalists was worth almost seven times as much, more than $3 a share. When a Unicorn Start-Up Stumbles, Its Employees Get Hurt 2015-12-23T05:00:00Z And another strategy that we employ is preferred stocks. A Conversation With Martin Cohen 2015-11-10T05:00:00Z The upfront payment comprises 11.5 billion euros in cash and preferred stock convertible into Visa Inc class A common stock valued at 5 billion euros. Visa to buy Visa Europe in deal worth up to 21.2 billion euros 2015-11-02T05:00:00Z Shares of the cellular carrier are expected to trade under the symbol “TMUS,” its current symbol, with preferred stock trading under “TMUSP.” T-Mobile to Move Stock Listing to Nasdaq 2015-10-16T04:00:00Z As with bonds, the investor receiving a lump sum in a preferred stock call will likely have to reinvest at a lower yield. Are Preferred Stocks Preferable? 2016-08-23T04:00:00Z In Good’s case, the board’s preferred stock was worth almost the same as all 227 million common shares outstanding. When a Unicorn Start-Up Stumbles, Its Employees Get Hurt 2015-12-23T05:00:00Z On a per-share basis, which excludes the impact of preferred stock dividends, earnings grew to 28 cents from 24 cents a share a year ago. Charles Schwab Results Meet Expectations Amid Market Volatility 2015-10-15T04:00:00Z When bond yields began to fall, investors started hunting for yield in other places and discovered preferred stocks. Why Preferred Stocks Belong in Your Portfolio 2015-10-01T04:00:00Z Butowsky adds that the more conservative an investor is, the more he or she may want to concentrate investments into things like ETFs that carry utilities and preferred stocks. How to Create the Right Investing Portfolio for You 2015-08-17T04:00:00Z Blend a stock and a bond and you wind up with a preferred stock, the darling of many fixed-income investors. Are Preferred Stocks Preferable? 2016-08-23T04:00:00Z Then, managers choose the most stable and protected categories of stocks, such as preferred stock. Why Mixed-Asset Income Funds Belong in Your Portfolio 2015-08-10T04:00:00Z Another new innovative option is to convert to common instead of preferred stock once a company is acquired. Convertible Notes Part 1: Newfound Angel Flexibility? 2015-07-30T04:00:00Z The big attraction of preferred stocks is their dividend yield. Why Preferred Stocks Belong in Your Portfolio 2015-10-01T04:00:00Z That was after paying dividends on preferred stock. Goldman Sachs Q2 earnings slump on legal costs 2015-07-16T04:00:00Z Unlike most bonds, many preferred stocks do not have a firm maturity date or price, so investors don't know exactly when they'll recover their principal. Are Preferred Stocks Preferable? 2016-08-23T04:00:00Z It’s the group of investors who use preferred stocks to generate retirement income. Bucket List For Retirement Income 2015-06-23T04:00:00Z Typically, when a private company sells its stock to investors, those investors receive preferred stock rather than common stock. Unicorn Technology Companies Are Special, But What Do Their Valuations Really Mean? 2015-06-03T04:00:00Z But what exactly are preferred stocks, what advantages do they offer investors, and why do they belong in your portfolio? Why Preferred Stocks Belong in Your Portfolio 2015-10-01T04:00:00Z Over the last several years, I constructed my own indexes for common and preferred stocks, real estate and corporate bonds against which I judge performance. Built For Marketing: Why The S&P 500 And Dow Are Misleading Investors 2015-05-08T04:00:00Z Often, a company will buy back its preferred stock with money raised some other way, just as a homeowner will pay off a high-rate mortgage with a cheaper one. Are Preferred Stocks Preferable? 2016-08-23T04:00:00Z Here’s a quick primer I wrote on using preferred stocks for retirement income. Bucket List For Retirement Income 2015-06-23T04:00:00Z Almost all preferred stocks are issued by financial corporations like banks and insurance underwriters. How to Hold Onto Inherited Wealth 2015-05-07T04:00:00Z “But with inflation low, they may stay lower for longer than many think. In this scenario, you may want to look beyond bonds for income in places like high-yielding stocks, preferred stocks, REITS, and convertibles.” FidelityVoice: Looking For Income? 4 Non-Bond Strategies To Consider 2015-04-10T04:00:00Z Additionally, Heinz’s preferred stocks that become callable in June 2016 will also be replaced with such debt. Analysis Of the Kraft-Heinz Merger 2015-03-30T04:00:00Z Like a bond, a preferred stock pays fixed, predictable interest, but in the form of a dividend, like a stock. Are Preferred Stocks Preferable? 2016-08-23T04:00:00Z Its holdings in the group, including preferred stock, will be worth about $30 billion, equivalent to roughly a tenth of Berkshire’s market value. A big bite 2015-03-26T04:00:00Z While there are theoretically a handful of different ways to compensate venture capitalists for their investments, the reality is that the large majority will require preferred stock. 5 Things A Startup Must Do To Raise A Venture Round 2015-03-23T04:00:00Z In terms of valuation, preferred stocks’ average price is about par, according to Bewick. FidelityVoice: Looking For Income? 4 Non-Bond Strategies To Consider 2015-04-10T04:00:00Z Allow me to explain that last part: There is no denying that the preferred stock held by Pilgrim’s Pride was a capital asset. Fifth Circuit Reverses Tax Court, Allows $98 Million Deduction To Pilgrim's Pride 2015-02-25T05:00:00Z My advice is to ignore your broker and selectively buy preferred stocks directly. Why You Should Prefer Preferreds 2015-02-11T05:00:00Z The company took special charges of $900 million in the fourth quarter, including an $800 million charge for redeeming preferred stock shares. G.M. Reports $2.8 Billion Profit in 2014 2015-02-04T05:00:00Z Q: I own a few preferred stocks in big, solid U.S. companies. Preferred stocks can provide high yields 2014-12-25T05:00:00Z Par value for preferred stock is used to determine dividend payments. FidelityVoice: Looking For Income? 4 Non-Bond Strategies To Consider 2015-04-10T04:00:00Z Before that, I eliminated a preferred stock allocation, which was fortunately done right before the financial crisis. My Expected Investment Changes In 2015 2015-01-01T05:00:00Z At least once a year I review the market for preferred stocks to remind income investors that there is an alternative to bonds. Why You Should Prefer Preferreds 2015-02-11T05:00:00Z GM bought back some preferred stock last year. General Motors Spends $3.9B to Redeem Preferred Stock 2014-12-31T05:00:00Z From traditional dividend picks to preferred stocks and even psychological factors impacting retirement. Retirement Income In Review. A look back at popular stories of 2014 2014-12-31T05:00:00Z Like preferred stock, convertibles offer some of the features of both bonds and stocks. FidelityVoice: Looking For Income? 4 Non-Bond Strategies To Consider 2015-04-10T04:00:00Z This preferred stock converts at 1:1 to common stock: How Much Equity Did Elon Musk Get From Investing In Tesla's Series A? 2014-12-29T05:00:00Z Two of my favorite places to research preferred stocks are QuantumOnline.com and PreferredStockChannel.com. Using Preferred Stocks For Retirement Income 2014-12-20T05:00:00Z Fixed income investors should steer clear of U.S. high yield, preferred stocks and TIPs and concentrate on high quality bonds with longer durations. Bonds Wouldn't Be The Only Winners If 10-Year Yield Drops To 1% 2014-12-17T05:00:00Z You might want to put just a small portion of your portfolio into more exotic investments, such as an actively managed value fund, a fund of preferred stocks or even gold. 6 Investment Lessons to Remember 2014-12-09T05:00:00Z In this low-yield world, preferred stocks may be worth exploring because of the relatively attractive income they offer. FidelityVoice: Looking For Income? 4 Non-Bond Strategies To Consider 2015-04-10T04:00:00Z Uber filed to authorize up to $1.8 billion of new Series E preferred stock, Fortune said in report published before the CEO's blog. Uber in talks to sell over $1 billion in convertible debt: source 2014-12-05T05:00:00Z Call the earnings yield around 6%, the equivalent of preferred stocks and long maturity BB bonds. Deflation Ain't A Dirty Word 2014-10-21T04:00:00Z Disparity between fixed income paper and equities keeps widening in favor of bonds and preferred stocks. The Market Is Worth 1,800, But Maybe 1,700 Is Coming 2014-10-16T04:00:00Z Berkshire Hathaway owns Bank of America preferred stock and warrants to buy 700 million common shares. Moynihan reshapes Bank of America for an era without big legal costs 2014-10-16T04:00:00Z There are a number of Fidelity mutual funds that include preferred stocks in their portfolio, including Bewick’s. FidelityVoice: Looking For Income? 4 Non-Bond Strategies To Consider 2015-04-10T04:00:00Z Once the preferred stock certificates are read in tandem with the PSPAs, the government’s prospects look a lot grimmer than Laurie Goodman’s “realistic assessment” suggests. What Happens if the Government Loses on the Third Amendment? The Senior Preferred Stock Certificates Spell Nothing But Trouble For the Government 2014-09-10T04:00:00Z Berkshire Hathaway, the company he runs, is reportedly financing about 25 percent of the deal in exchange for preferred stock, giving the deal more credibility with investors. In Burger King-Tim Hortons Deal, Consumer Reaction Could Be Crucial 2014-08-26T04:00:00Z In March, it issued rules allowing banks to sell preferred stock, providing another avenue for banks to raise their capital to healthier levels. China's Market Finally Looks Like A Buy 2014-07-25T04:00:00Z Designed to dilute a potential buyer's holdings, the retailer's "poison pill" plan gives shareholders the right to buy one ten-thousandth of a share of preferred stock at an exercise price of $2.75. American Apparel moves to block Dov Charney from retaking control 2014-06-28T04:00:00Z Each right will let the holder purchase one ten-thousandth of a share of preferred stock at an exercise price of $2.75. American Apparel adopts stockholder rights plan 2014-06-28T04:00:00Z Fannie Mae defaulted on its preferred stock while Continental Airlines debentures were redeemed at par. Valeant: The Milken Meteor Strikes Allergan 2014-06-09T04:00:00Z The problem is almost all preferred stocks are issued by financial houses – banks, brokers and insurance underwriters. That Shifty S.O.B. Pied Piper Of Bonds 2014-05-28T04:00:00Z Individual preferred stocks are more viable for seasoned investors who are familiar with and willing to research investment grade, cumulative dividends, par value, and set a minimum interest rate before purchasing. Portfolio Hunting: Creative Ways To Add Income To Your Retirement 2014-05-27T04:00:00Z Watson later converted the debt into preferred stock on Lord’s advice. Miss. fines investment firm and former adviser 2014-05-16T04:00:00Z Common shares were priced at 2.17 reais each, in line with a proposed premium of about 8 percent to the preferred stock. UPDATE 3-Oi prices biggest Brazil follow-on offer in almost four years 2014-04-29T03:00:14Z If a preferred stock was needed as a deal tranche it would add up to 12%. Valeant: The Milken Meteor Strikes Allergan 2014-06-09T04:00:00Z Consider that Fannie Mae Fannie Mae defaulted on its huge issue of preferred stock during the banking crisis. That Shifty S.O.B. Pied Piper Of Bonds 2014-05-28T04:00:00Z Common shares were priced at 2.17 reais, or at a premium of more than 8 percent to the preferred stock, said the sources, who declined to be identified because the transaction is in the works. Brazil's Oi prices share offering at bottom of suggested range 2014-04-28T20:48:51Z That’s because the Treasury collected $3.7 billion of dividends on Ally preferred stock, some of which it ultimately sold and some of which it converted to Ally common stock. Sloan: After taxpayers’ long winter, signs of life from Ally 2014-03-28T00:04:51Z Last year, the Federal Reserve approved Bank of America's request to redeem $5.5 billion in preferred stock and $5.0 billion in common shares. Fed bars shareholder payouts from Citi, four others 2014-03-27T01:55:52Z Berkshire acquired a special class of preferred stock in Bank of America in 2011 as part of a larger $5 billion investment. BofA under probe over U.S. housing program, forex 2014-02-26T01:54:40Z Series A investments may be provided in the form of preferred stock. ZenPayroll wins $20 million in first round of venture funding 2014-02-19T14:00:00Z Ally needed the sale to pass a government stress test, which allowed it to get regulatory approval to redeem the $5.9 billion of 9 percent preferred stock that the Treasury owned. Sloan: Ally Financial shares disappoint, taxpayers reap less than predicted 2014-01-24T00:01:25Z David Einhorn sued Apple over the bundling of three proposals in its proxy as he tried to get the company to increase its stock buyback plan by issuing dividend paying perpetual preferred stock. Apple: 2013 In Review And 2014 Outlook 2014-01-08T14:55:00Z The preferred stock will have a 6 percent cash dividend rate and is convertible into shares of common stock at a conversion price of $14.50 per share. UPDATE 1-Crocs to receive $200 mln from Blackstone, CEO to retire 2013-12-30T03:41:14Z Under international regulatory capital rules that U.S. regulators finalized in 2013, that preferred stock would not have counted toward the bank's capital ratios. BofA under probe over U.S. housing program, forex 2014-02-26T01:54:40Z The funds will be used to buy back preferred stock. Likely Nomura exit from lender may spur Japan regional bank shake-up 2013-12-19T05:06:39Z From its inception in 2006 through the end of September, Twitter completed several rounds of equity financing as a private company by issuing convertible preferred stock that raised $759 million. T. Rowe, Morgan Stanley funds sitting on whopper Twitter gains 2013-11-06T22:17:28Z Its operating income rose to $5 million, but taking into account the company's convertible preferred stock, it had a net loss attributable to common stockholders of $7.5 million. IPOs: How average investors can navigate the minefield of initial public offerings 2013-10-20T05:00:00Z Twitter said in a filing there were 472.6 million shares of common stock outstanding and no shares of its preferred stock outstanding as of June 30. Twitter gets 'buy' rating even before listing 2013-10-07T16:29:45Z But in exchange for agreeing not to redeem the preferred stock for five years, Berkshire agreed to change the terms of the investment so that it counts for Tier 1 capital purposes. BofA under probe over U.S. housing program, forex 2014-02-26T01:54:40Z Berkshire bought 50,000 shares of preferred stock from Goldman that required the bank to pay $500 million in annual dividends. Buffett's Crisis-Lending Haul Reaches $10 Billion 2013-10-07T02:31:29Z To finance the purchase of 120 million of the Series A preferred stock from the UAW Retiree Medical Benefits Trust at $27 a share, GM said it would raise funds with a debt offering. UPDATE 1-GM to buy back some preferred from UAW trust for $3.2 bln 2013-09-23T14:11:23Z Earlier this year, David Einhorn, founder of Greenlight Capital Inc., pushed Apple to return more money to shareholders through a preferred stock plan. Icahn Pushes Apple on Buyback 2013-08-14T04:18:10Z Not only was the $2 billion price exorbitantly high, but there was also an additional $687 million in Gyrus preferred stock purchased by Olympus from an undisclosed third party. The Story Behind the Olympus Scandal 2012-02-16T14:46:05Z GM does pay a dividend on preferred stock. GM's CFO says not just yet on hoped-for dividend 2013-08-08T15:56:01Z But excluding one-time items, mainly the cost of acquiring preferred stock in Korea, GM made 84 cents per share. Profit Falls Nearly 16 Percent at General Motors 2013-07-25T12:18:54Z For this year, the bank already has approval from regulators to buy back up to $5 billion in common shares and redeem approximately $5.5 billion in preferred stock. Analysis: Bank of America's interest-rate exposure may be worse than rivals' 2013-07-18T04:52:10Z I added the value of the Treasury’s Ally preferred stock and adjusted for a 2011 transaction in which the Treasury sold part of its Ally holdings. Government profits from Ally? Go figure! 2013-07-01T22:32:00Z They buy bonds, receivables and preferred stock of companies in financial straits. Hedge Funds: How They Invest Their $2.4 Trillion War Chest 2013-07-01T00:22:00Z Treasury holds $188 billion in shares in the form of senior preferred stock, and any profits beyond what they need to maintain a capital buffer are swept into the government's coffers. Senators push bill to scrap mortgage firms Fannie, Freddie 2013-06-25T15:18:23Z Morgans entered into a deal with Yucaipa in April, in which the investor agreed to cancel $230 million worth of convertible notes, preferred stock and warrants, in exchange for some Morgans assets. Morgans Hotel board gains upper hand ahead of proxy vote 2013-06-13T22:45:16Z Travelers said it would fund the transaction through debt or preferred stock financing, or a combination of both. Travelers to buy insurer from Canada's E-L Financial for $1.1 billion 2013-06-10T13:54:07Z Under the plan, secured creditors would be paid in full, while unsecured creditors would receive shares of preferred stock. AMR can send restructuring plan to creditors for a vote: judge 2013-06-04T18:15:17Z In calling for full repayment of the government bailout, Fairholme said, "And equitable treatment of taxpaying shareholders, including community banks, insurance companies, and mutual funds holding preferred stock, must be restored with dividends reinstated." Fairholme reports stake in Fannie, Freddie; wants restructuring 2013-06-03T18:16:11Z Secured creditors would be paid in full, while unsecured creditors would receive shares of preferred stock. AMR files bankruptcy exit plan in step towards merger with US Airways 2013-04-16T02:27:04Z In exchange for the funding, banks issued shares of preferred stock to the U.S. Bailed-out banks haven’t met goals of small-business lending program, report says 2013-04-09T19:01:00Z The class action was filed on behalf of purchasers of 48 offerings of preferred stock and bonds, the law firm said. Citigroup agrees to pay $730 million to settle with investors 2013-03-18T23:19:56Z The Fed appeared to use the Ally preferred stock owned by the Treasury to calculate other capital ratios, which compared much more favorably to peers, the source said. Ally once again duels with the Fed over stress tests 2013-03-08T23:24:41Z Enterprise's preferred stock is transferrable and will pay a cumulative fixed-rate dividend. TEXT-Fitch rates NBCUniversal Enterprise debt, preferred stock issuance 2013-02-28T17:36:26Z Einhorn wants the company to issue a class of shares that return higher yields, and a ruling in his favor prevented shareholders from voting Wednesday on board proposal to issue preferred stock . Apple CEO says head not‘stuck in the sand’, alludes to new products 2013-02-28T14:56:31Z Apple’s board, which currently has authority to issue preferred stock, wanted to shift that power to shareholders, a corporate governance move that has been applauded by major shareholders including the California Public Employees’ Retirement System. Apple's Cook Doesn't Like Disappointing Share Price, But Says 'Some Great Stuff Coming' 2013-02-27T20:40:09Z That preferred stock, Einhorn has said, will return some of Apple’s more than $137 billion in cash to current investors as well as get new investors interested in the shares. Apple Loop: Considering iPrefs, Patenting The iWatch, Living In A 'Weird' Post-Jobs World 2013-02-23T01:07:54Z The remarks, made in an unusual public conference call, attempted to paint the new type of preferred stock—which he refers to as "iPrefs"—as reasonable and appealing to yield-hungry investors. Einhorn Presses Case Against Apple 2013-02-22T04:51:48Z Apple is likely to ultimately prevail in a shareholder vote to eliminate its board’s right to issue preferred stock. How Apple should deal with its surplus cash: Go with the Flo 2013-02-22T01:18:15Z "Dell's go-private effort shows the disingenuous nature of hoarding cash," he said during a conference call where he detailed the benefits of distributing perpetual preferred stock - his favored way of rewarding shareholders of Apple. Hedge fund manager Einhorn blasts Dell's buyout plan 2013-02-21T21:52:03Z In the event of an IPO, all preferred stock becomes common stock, and the preference stack goes away. How Bad Is It At LivingSocial? PrivCo Claims 94% Of Value Wiped Out 2013-02-21T18:57:23Z Apple’s board has “blank check” authority to issue preferred stock, which means it has the power to issue such stock at will. Apple Loop: Considering iPrefs, Patenting The iWatch, Living In A 'Weird' Post-Jobs World 2013-02-23T01:07:54Z Mr. Einhorn first approached Apple about his preferred stock idea in May. Einhorn Presses Case Against Apple 2013-02-22T04:51:48Z He is advocating that the company issue a new class of preferred stock to share more of its $137 billion cash pile with shareholders. AIG is the new Apple of hedge fund managers' eyes: report 2013-02-21T15:40:58Z He will host a conference call on Thursday to argue the merits of distributing perpetual preferred stock -- his favored way of rewarding shareholders. Hedge fund manager Einhorn takes Apple campaign to shareholders 2013-02-21T01:36:41Z On the call, Greenlight will provide additional details regarding the options available to Apple, including the merits of Greenlight’s suggestion of distributing perpetual preferred stock to Apple shareholders for free. Greenlight Capital Hosts Feb. 21 Webcast To Talk About Apple 2013-02-21T01:06:53Z Einhorn proposed that the company issue preferred stock and return more cash to investors. Einhorn says S&P lawsuit pressures rating agencies 2013-02-20T16:32:56Z Greenlight earlier this month sued to stop the vote on an Apple proxy proposal, which would require the company to get shareholder support before issuing preferred stock. Einhorn Presses Case Against Apple 2013-02-22T04:51:48Z Also, I don’t expect Apple to embark on what I would consider financial engineering and execute what David Einhorn is proposing with a 4% preferred stock. What to Expect at Apple's Shareholder Meeting 2013-02-19T06:13:42Z Einhorn's $8 billion Greenlight Capital is seeking an injunction to block a February 27 shareholders' vote on "Proposal 2" in Apple's proxy statement, which would abolish a system for issuing preferred stock at its discretion. Hedge fund manager Einhorn takes Apple campaign to shareholders 2013-02-21T01:36:41Z But Einhorn argued on Friday that ISS and Glass Lewis's support is premised on the belief that eliminating so-called "blank check" preferred stock powers enables a company to defend itself against a takeover. Ahead of hearing, Einhorn reiterates case against Apple 2013-02-16T00:14:23Z Einhorn claims Prop 2, to be voted on by shareholders at the company’s Feb. 27 annual meeting, will prohibit Apple from issuing special preferred stock. Apple Loop: Cook, Cash And the 'Silly' Lawsuit, The iOS 6 Update Saga, iPhone Problem in Brazil 2013-02-15T23:59:29Z The depositary shares each represent a 1/40th interest in a share of the company's new Series A mandatory convertible preferred stock. Cliffs share offers priced to raise up to $1 bln 2013-02-15T14:55:17Z Einhorn filed a lawsuit to block changes in Apple's policy for issuing preferred stock. Big hedge funds fueled fourth-quarter dive in Apple shares 2013-02-15T00:23:38Z One of the proposals is the same measure Einhorn targeted that would eliminate from the company charter Apple's ability to issue preferred stock. Another investor sues Apple, taking a page from Einhorn playbook 2013-02-13T18:40:59Z While Greenlight supports two of the amendments, it does not back the one related to preferred stock. Ahead of hearing, Einhorn reiterates case against Apple 2013-02-16T00:14:23Z They are challenging “Proposal 2” in Apple’s proxy statement, which would abolish a system for issuing preferred stock at its discretion. Apple CEO calls Einhorn lawsuit ‘silly sideshow’ 2013-02-13T02:10:00Z Einhorn argues that Proposal 2 would prevent the company from issuing preferred stock. Tim Cook Disses Einhorn's 'Silly Lawsuit," Says Apple Doesn't Have 'Depression-Era Mentality' 2013-02-12T22:29:36Z Investor David Einhorn, who runs the fund, urging Apple to return more cash to its investors and stop a proposal that he said would “eliminate” preferred stock. Apple’s Cook calls Greenlight suit ‘silly sideshow’ 2013-02-12T19:14:00Z His clash with Apple revolves around a proposed change to its charter that would eliminate the company's ability to issue "blank check" preferred stock at its discretion. Apple CEO calls Einhorn lawsuit a "sideshow" 2013-02-12T16:05:36Z Among the Apple proxy proposals up for a vote February 27 is Proposal No. 2, which would remove the company's current system of issuing preferred stock at its discretion without a shareholder vote. Ahead of hearing, Einhorn reiterates case against Apple 2013-02-16T00:14:23Z Einhorn’s clash with Apple centers on a proposed change to its charter that would eliminate the company’s ability to issue “blank check” preferred stock at its discretion. Apple CEO calls Einhorn lawsuit ‘silly sideshow’ 2013-02-13T02:10:00Z Einhorn, a well-known short-seller and Apple gadget fan, shocked Wall Street last week by suing Apple to stop the iPhone maker from eliminating from its charter the ability to issue preferred stock without shareholder approval. Judge speeds up schedule in Apple versus Einhorn case 2013-02-11T21:18:38Z Greenlight in its complaint said it supports two of the proposals, but not getting rid of preferred stock. Einhorn case against Apple rests on unusual legal tactic 2013-02-09T00:53:38Z Greenlight in its complaint said it supports two of the proposals but not getting rid of preferred stock. Einhorn case against Apple rests on rarely used legal tactic 2013-02-08T23:39:52Z Einhorn says that Apple should pay back more of its $137 billion cash hoard to its stockholders and is rallying against a company proposal that he believes will eliminate the issuance of preferred stock. Macmillan settles with the DOJ, leaving Apple alone in e-book suit #thecircuit 2013-02-08T20:34:00Z The company said last week it is working to repay the $5.9 billion in preferred stock owned by the U.S. UPDATE 1-Canada competition bureau OKs RBC purchase of Ally unit 2013-02-08T20:16:36Z Apple says removing the board's ability to issue preferred stock at its discretion heightens governance, because future issuances would then require shareholder approval. Judge speeds up schedule in Apple versus Einhorn case 2013-02-11T21:18:38Z Einhorn deems preferred stock superior to dividends or share buybacks and has separately put forward a proposal for an issuance of Apple preferred stock with a perpetual 4 percent dividend. Einhorn case against Apple rests on unusual legal tactic 2013-02-09T00:53:38Z Einhorn deems preferred stock superior to dividends or share buybacks, and has separately put forward a proposal for an issuance of Apple preferred stock with a perpetual 4 percent dividend. Einhorn case against Apple rests on rarely used legal tactic 2013-02-08T23:39:52Z Apple said that it welcomes Einhorn’s criticism, but clarified that shareholders would be able to approve the issuance of preferred stock. Macmillan settles with the DOJ, leaving Apple alone in e-book suit #thecircuit 2013-02-08T20:34:00Z Contrary to Greenlight’s statements, adoption of Proposal #2 would not prevent the issuance of preferred stock. Einhorn Sues To Nibble Now On Apple Cash 2013-02-08T17:07:07Z As part of our review, we will thoroughly evaluate Greenlight Capital's current proposal to issue some form of preferred stock. Boot up: Android v security, Microsoft v Motorola, Yandex beats Bing, and more 2013-02-08T06:30:00Z Apple shares advanced after hedge-fund manager David Einhorn urged shareholders to vote against a company proposal that would eliminate the technology giant's preferred stock. Dow Drops 42 Points 2013-02-08T01:54:14Z Einhorn told Reuters he felt blindsided when he received Apple's January 7 annual proxy statement and saw that it contained a proposal that would make it more difficult for the company to issue preferred stock. How Einhorn turned from Apple advocate to agitator 2013-02-08T02:43:36Z Currently, Apple's articles of incorporation provide for the issuance of 'blank check' preferred stock by the Board of Directors without shareholder approval. Einhorn sues Apple, marks biggest investor challenge in years 2013-02-08T00:49:02Z Einhorn is recommending a vote against Proposal 2 which eliminates Apple’s ability to issue preferred stock. Einhorn Sues To Nibble Now On Apple Cash 2013-02-08T17:07:07Z Eihorn's objection to the changes stem, in part, from his contention that they would “eliminate” preferred stock, and he warned that such a move would hinder “Apple’s ability to implement value creating options.” Apple ‘welcomes’ Greenlight view on cash hoard 2013-02-07T23:00:16Z What’s not fine is its attempt to foreclose on the very possibility of issuing preferred stock by bundling this change with introduction of majority voting for directors. What Apple Owes Einhorn -- And You 2013-02-07T20:36:05Z Analysts say one benefit of preferred stock is that up to 80 percent of the dividends can be tax-free for corporate investors, although preferred shares tend to be less liquid than ordinary shares or bonds. How Einhorn turned from Apple advocate to agitator 2013-02-08T02:43:36Z Einhorn argues preferred stock - which functions like a bond in that it pays a fixed dividend over time - is a better route because the company won't have to use cash right away. Einhorn sues Apple, marks biggest investor challenge in years 2013-02-08T00:49:02Z Currently, Apple’s articles of incorporation provide for the issuance of “blank check” preferred stock by the Board of Directors without shareholder approval. Einhorn Sues To Nibble Now On Apple Cash 2013-02-08T17:07:07Z Fact is, virtually no successful technology company is a preferred stock issuer. Preferred Apple Idea: Ignore Einhorn And Buy Netflix 2013-02-07T18:36:31Z This would be a good time to walk the walk and let shareholders foreclose the possibility of ever issuing preferred stock, or not, on the merits of that proposal, and that proposal only. What Apple Owes Einhorn -- And You 2013-02-07T20:36:05Z If Proxy Proposal 2 is adopted, Apple said it could still issue preferred stock as long as it obtained approval from shareholders. How Einhorn turned from Apple advocate to agitator 2013-02-08T02:43:36Z Einhorn's lawsuit targets a proposal by Apple to eliminate preferred stock from its charter. Einhorn sues Apple, marks biggest investor challenge in years 2013-02-08T00:49:02Z We believe our suggestion of distributing perpetual preferred stock, while innovative, is also quite simple. Apple: Will Board Cave To Einhorn And Pay Out Cash? 2013-02-07T15:47:49Z Greenlight said it is opposed to the proposal, No. 2 on Apple's proxy, which the firm said would remove Apple's ability to issue preferred stock from the company's charter. Greenlight's Einhorn sues Apple, "dissatisfied" with plans 2013-02-07T14:06:20Z After Ally reported a $1.44 billion fourth-quarter profit, Carpenter told analysts on a conference call that repaying the preferred stock involves talks with the Federal Reserve. Ally working to repay Treasury stock in "near future" 2013-02-05T18:22:58Z Apple said in a statement that it will evaluate Greenlight's recommendation and denied that its proxy proposal was aimed at preventing the issuance of preferred stock. How Einhorn turned from Apple advocate to agitator 2013-02-08T02:43:36Z "Contrary to Greenlight's statements, adoption of Proposal #2 would not prevent the issuance of preferred stock," it said in a statement. Einhorn sues Apple, marks biggest investor challenge in years 2013-02-08T00:49:02Z He’s urging investors to oppose the company’s proposal to eliminate a provision in its charter that would allow the company to issue preferred stock. Apple: Will Board Cave To Einhorn And Pay Out Cash? 2013-02-07T15:47:49Z ACI Worldwide said the deal is valued at an enterprise value of about $263 million, which includes the redemption of Online Resources' preferred stock. ACI Worldwide to buy Online Resources for $126.6 million 2013-01-31T05:39:25Z That translates to a loss of 4 cents a share, however, after the impact of preferred stock dividends. Barnes & Noble Posts Small Profit 2012-11-29T22:30:30Z In private conversations with Oppenheimer, Einhorn said Apple could initially distribute $50 billion of perpetual preferred stock with a 4 percent annual cash dividend paid quarterly at preferential tax rates. How Einhorn turned from Apple advocate to agitator 2013-02-08T02:43:36Z Analysts say another benefit is up to 80 percent of the dividends from preferred stock can be tax-free for corporate investors, and it is not logged as debt on the balance sheet. Einhorn sues Apple, marks biggest investor challenge in years 2013-02-08T00:49:02Z Greenlight contends that eliminating preferred stock from the company’s charter “hinders Apple’s ability to implement value creating options.” Apple: Will Board Cave To Einhorn And Pay Out Cash? 2013-02-07T15:47:49Z Factoring in preferred stock dividends and accretion of dividends on preferred stock, it posted a net loss of 4 cents a share, compared with a loss of 17 cents a year earlier. Barnes & Noble's Nook loss deepens, book sales slow 2012-11-29T17:36:08Z If the provision is triggered, each right will allow stockholders to buy one one-thousandth of a share of a new series of participating preferred stock at an exercise price of $350 per right. UPDATE 4-Netflix seeks to fend off Icahn with poison pill 2012-11-05T19:32:10Z For example, Merrill Lynch removed Fannie Mae from a list of "recommended" preferred stocks shortly before Pure's recommendation, according to the statement of claim. Merrill ordered to pay couple $1.34 million over Fannie Mae shares 2012-10-16T20:08:58Z "Apple rejected the idea outright in September 2012," he said, and then refused to withdraw the proposal to eliminate preferred stock from its charter. Einhorn sues Apple, marks biggest investor challenge in years 2013-02-08T00:49:02Z I didn’t ask for a peek at Warren Buffett’s portfolio: in order not to know how much preferred stock he acquired in Goldman Sachs I would have to confine my periodical reading to National Geographic. Opinion: Money, Money, Money. Can we talk about something else? 2012-09-15T19:45:13Z And the Treasury Department still owns 74 percent of Ally Financial, the bank formerly known as GMAC, as well as $5.9 billion worth of mandatory convertible preferred stock. DealBook: Big Step in Selling A.I.G. Stake, but Other Bailouts Remain 2012-09-10T16:36:19Z And some firms, such as Citigroup, exchanged preferred stock or suspended dividend payments. How to Play 'Preferred' Shares 2012-09-07T20:10:40Z Analysts and investors, however, were underwhelmed because of the longer-than-expected dividend payment for the preferred stock, which will now be owned by private investors. M&T Bank to Exit TARP, via Backdoor 2012-08-16T21:08:40Z Shares of Knight Capital plunged after the struggling trading firm said it sold $400 million in convertible preferred stock to bolster its capital position. U.S. Stocks Keep Rising 2012-08-06T17:21:01Z The company said in a regulatory filing on Monday that the unnamed investors agreed to buy $400 million of preferred stock that will be converted into about 267 million of its shares. Knight Capital Says it Has $400M Financing Deal 2012-08-06T12:00:18Z In a regulatory filing, Knight Capital said several investors agreed to purchase $400 million of the brokerage firm's preferred stock. DealBook: Knight Capital Confirms Lifeline, Loses Market Making Duties 2012-08-06T12:42:34Z But at terms for the convertible preferred stock, it would also lead to major dilution for Knight. Knight nears $400 million capital injection: sources 2012-08-06T00:40:56Z If investors decline to do so, their preferred stock converts to common or loses some of its other bells and whistles. Entrepreneurs and VCs: Turning the Tables 2012-08-02T16:08:33Z Earlier this month, Ally said it would pay $201 million in dividends on preferred stock, including $134 million to the U.S. Ally Swings to Loss on ResCap Charge 2012-08-01T12:57:54Z This week, the Treasury said it would sell preferred stock and debt in 12 of the bailed-out banks. Bailed-out banks still struggling to repay government 2012-07-25T04:02:16Z Carlyle Partners V, a $13.7 billion buyout fund, will invest in Genesee through the private placement of two-year mandatorily convertible preferred stock. UPDATE 3-Genesee & Wyoming to buy RailAmerica for $1.4 billion 2012-07-23T15:13:57Z The KKR Alternative High Yield Fund will invest in a mix of high-yield bonds, notes, debentures, convertible securities and preferred stock. UPDATE 1-KKR catches up on mutual funds 2012-07-19T21:20:30Z Rato's alleged fraud at Bankia involved the sale of Bankia "preferred stock" to regular account-holders, so-called retail investors, since sophisticated investors were not buying it. Spain's 99% occupy Madrid against Rato's banking and Rajoy's austerity 2012-07-12T16:30:00Z The investors are buying preferred stock mandatorily convertible into common stock upon shareholder approval at $7 a share, according to the company. UPDATE 1-BNC Bancorp raises capital, buys community bank 2012-06-04T22:13:42Z The investors are buying preferred stock mandatorily convertible into common stock upon shareholder approval at $7.00 per share, according to the company. BNC Bancorp raises capital, buys community bank 2012-06-04T21:23:34Z Tuesday’s testimony was less about preferred stock and more about Pampers and other P.&G. products. DealBook: P.&G. Takes Center Stage at Gupta Trial 2012-05-29T19:20:31Z In what form will the government stake be held, common or preferred stock? Tepco?s nationalisation: State power 2012-05-11T11:26:28Z The Boston-based custody bank's net income was $417 million, or 85 cents a share, including preferred stock dividends and other adjustments. State Street Profit Hurt by Surge in Expenses 2012-04-17T15:09:25Z The provision in the preferred stock contract that allows the terms to be changed with the consent of the owners of two-thirds of the shares is fairly standard. High & Low Finance: Emmis Chases a Strategy to Vote Dead Shares 2012-03-30T01:21:19Z The six banks whose preferred stock was sold this week were Banner Corp. of Walla Walla, Wash., First Financial Holdings Inc. of Charleston, S.C.; A TARP Auction Loss for Treasury 2012-03-29T13:40:18Z Most of that gain came from gains on common and preferred stock holdings. Analysis: One area where Apple lags: Its low returns on cash 2012-02-13T22:46:34Z Noah Rosenfarb, the Singers' financial adviser, invested money targeted for the down payment in short-term bonds, preferred stocks and dividend-paying stocks. Itchy Investors Ramp Up the Risk 2012-02-06T00:21:53Z It also benefited from a 291 billion yen gain in the first quarter after converting preferred stock in Morgan Stanley for common shares. Nomura Shares Jump After Unexpected Profit Increase: Tokyo Mover 2012-02-02T03:17:56Z And the board wishes to extinguish nearly all the rights of the preferred stock. High & Low Finance: Emmis Chases a Strategy to Vote Dead Shares 2012-03-30T01:21:19Z But it was preferred stock, which is rare for individual Facebook investors, most of whom have common stock. The Untold Story Of Two Early Facebook Investors 2012-02-01T09:32:45Z Illumina today adopted a so-called poison-pill takeover defense in which shareholders will receive one preferred stock purchase right as a dividend for each common share held as of the close of business on Feb. 6. Roche’s Illumina Bid May Spur Buying in DNA Test Land Grab 2012-01-31T17:32:53Z All existing common stock will be canceled and new preferred stock will be issued to the provider of funding for the bankruptcy case. Ener1, Parent of U.S. Subsidized Battery Unit, Seeks Bankruptcy 2012-01-27T12:19:25Z He and a group of noteholders would team up to provide the remaining $31 million, and he would end up a large holder of preferred stock in the company. Elkhart's electric car bet sours 2012-01-27T06:00:00Z New preferred stock will be issued to the provider of post-petition and exit funding. Ener1, Battery Maker, Seeks Chapter 11 Bankruptcy Protection 2012-01-26T18:18:01Z Shareholders will receive one preferred stock purchase right as a dividend for each common share held at the close of business Feb. 6, San Diego-based Illumina said in a statement today. Illumina Adopts Stockholder Rights Agreement After Roche Bid 2012-01-26T12:22:24Z The gain, however, included a $2.9 billion profit on the sale of a stake in China Construction Bank as well as a $1.2 billion gain from swapping preferred stock for common shares. DealBook: Bank of America Swings to a Profit 2012-01-19T12:37:41Z Issue ten thousand shares of preferred stock, at a par of twenty-five or fifty, for the kind of people that want to buy for investment. Loaded Dice 2012-01-04T03:00:36.343Z A new government-backed fund may buy preferred stock in Tokyo Electric, effectively nationalizing the utility to avoid insolvency, the Yomiuri newspaper reported this month. Japan Recommends Temporary State Control for Tokyo Electric 2011-12-27T11:59:45Z The liability fund may buy preferred stock in Tepco, effectively nationalizing the utility to avoid insolvency, the Yomiuri newspaper reported on Dec. 21. Tepco Requests $8.8 Billion Extra Aid for Fukushima Disaster 2011-12-27T07:26:37Z The fund will also redeem all Series A preferred stock and either partially or completely refinance WCA's existing credit facilities. Macquarie Infrastructure Partners to buy WCA Waste 2011-12-21T22:20:42Z The shares and debt added together would mean the bank spent around $4.7 billion to repurchase $5.8 billion in preferred stock. BofA Swap Adds $3.9 Billion of Capital 2011-12-16T14:45:02Z If the company earns only enough profits to pay the dividends on the preferred stock, the common gets no dividends. Business English A Practice Book 2011-11-19T03:00:25.507Z The preferred stock would bring about $845 million, while common- stock repurchases would bring as much as $450 million, it said. Lehman to Sell Neuberger Berman Stake for $1.5 Billion 2011-11-15T19:28:27Z After the latest repayment, the government retains a 77 percent stake in AIG through its holdings of common and preferred stock in the insurer. Treasury gets $972 million TARP repayment from AIG 2011-11-01T20:02:58Z The preferred stock ballooned in value and made up the bulk of the advisory payment. FBI reportedly probes Olympus fee; shares tumble 2011-10-24T13:37:21Z In the letter, Woodford says the advisers insisted on preferred stock as part of their payment. Olympus's $687 million advisory fee sets M&A record 2011-10-22T03:18:51Z To take a middle case in the same month and year, Erie R. R. first preferred stock sold at about $45 per share, notwithstanding the fact that since 1907 no dividends had been paid. Business English A Practice Book 2011-11-19T03:00:25.507Z Results exclude pension costs and an expense of $881 million, or 8 cents a share to repurchase preferred stock sold to Warren Buffett’s Berkshire Hathaway Inc. as financial markets froze in October 2008. GE Earnings Match Estimates as Finance Gain Blunts Energy Drop 2011-10-21T11:10:01Z On Monday, senior executive Hisashi Mori told investors that the fee was less than half that amount, excluding payments made for the repurchase of preferred stock in Gyrus. Olympus confirms it paid hefty $687 million to M&A advisers 2011-10-19T05:04:54Z The local investors were scared off by this proposal, but the machinery manufacturers encouraged the enlargement, supplying the machinery and taking preferred stock in payment. The Rise of Cotton Mills in the South 2011-10-19T02:00:21.010Z The plan calls for lenders owed $107.6 million to receive $105 million in preferred stock plus 25 percent of the common stock. Harrisburg, Innkeepers, Madoff, Nebraska Book: Bankruptcy 2011-10-13T13:52:03Z The exchange is supported by holders of 90 percent of the $300 million in 10.5 percent senior secured notes due 2012 and by a holder with 64 percent of the convertible preferred stock. Solyndra, L.A. Dodgers, WaMu, Sbarro, Madoff: Bankruptcy 2011-10-12T14:10:06Z Offerings for investors in the Philippines are limited to common shares, preferred stocks, warrants and depositary receipts. Philippine Bourse Planning ETFs to Boost Market Trading Volumes 2011-10-05T16:26:04Z He’s also agreed to sell almost $50 billion of assets and preferred stock to build the company’s financial strength. BofA Falls Below $6 as Banks Slide Amid European-Debt Concerns 2011-10-03T19:19:02Z You can buy preferred stock of mills in Augusta at less than par. The Rise of Cotton Mills in the South 2011-10-19T02:00:21.010Z But the banks doggedly resisted the regulators' demands to issue common stock, seeking instead to use cheaper and "less sturdy" alternatives such as selling assets or issuing preferred stock, the report found. Watchdog: Regulators Bowed to Banks on Bailout 2011-09-30T21:20:20Z The existing preferred stock would exchange for 1.5 percent of the common stock, leaving existing shareholders with 1.25 percent of the equity. Solyndra, L.A. Dodgers, WaMu, Sbarro, Madoff: Bankruptcy 2011-10-12T14:10:06Z But the banks doggedly resisted the regulators’ demands to issue common stock, seeking instead to use cheaper and “less sturdy” alternatives such as selling assets or issuing preferred stock, the report found. Regulators bowed to big banks by easing rules for repaying bailout money, watchdog report says 2011-09-30T04:09:00Z The startup business was financed in part with $709 million from eight issues of preferred stock, plus $179 million in convertible notes. Viceroy, Dodgers, NewPage, Solyndra, Windstar: Bankruptcy 2011-09-26T12:06:05Z Glam will pay mostly in preferred stock, said one of the people, who asked not to be named because the terms haven’t been made public. Glam Media Said to Pay $150 Million for Andreessen’s Ning 2011-09-21T03:35:44Z "It's a kiss of approval," he added, even though the bank is paying a rich 6 percent dividend on the preferred stock it sold to Buffett's Berkshire Hathaway. Insight: Extreme makeover BofA: An asbestos solution 2011-09-09T17:04:12Z The shake-up comes less than two weeks after billionaire investor Warren Buffett invested $5 billion in the bank's preferred stock and after the company announced it would shed 3,000 jobs this quarter. BofA consumer bank, brokerage chiefs to step down 2011-09-07T00:43:01Z In addition, Bank of America will also sell Berkshire 50,000 shares of cumulative perpetual preferred stock with a 6 percent annual dividend. Buffett rally ends as BofA falls under pre-deal levels 2011-09-06T15:16:31Z Development of the business was supported by $709 million from eight issues of preferred stock, plus $179 million in convertible notes. Borders, Solyndra, Lehman, Madoff, Xanadoo: Bankruptcy 2011-09-06T13:20:01Z But Mr. Buffett, it now appears, is getting cumulative preferred stock — so he gets a guaranteed dividend before any common-stock holders get a return. Economix Blog: Simon Johnson: 3 Questions on Financial Stability 2011-09-01T09:00:31Z The plan will include giving a dividend of one preferred stock purchase right for each outstanding share of Leap common stock. UPDATE 1-Leap unveils plan to protect tax benefits 2011-08-31T13:44:56Z The lender said yesterday that Berkshire will get cumulative perpetual preferred stock paying a 6 percent dividend. U.S. Stock-Index Futures Gain as Investors Await Bernanke Speech 2011-08-26T10:10:01Z In March, Goldman said it would buy back its preferred stock from Buffett at the agreed upon 10 percent premium. Analysis: Buffett trades off his reputation, returns follow 2011-08-26T04:55:36Z The deal with Bank of America, as with Salomon and Goldman Sachs, was made with the special issuance of preferred stock not offered to all other investors. Buffett BofA Deal Is Latest to Capitalize on Weakness of Banks 2011-08-26T04:23:18Z Under the terms of the Bank of America deal, Berkshire will buy $5 billion of preferred stock that will pay a 6 percent annual dividend. DealBook: Buffett's Bank of America Stake Is Viewed as a Seal of Approval 2011-08-26T01:23:24Z Bank of America is selling to Berkshire 50,000 shares of cumulative perpetual preferred stock with a 6 percent annual dividend. Warren Buffett to invest $5 billion in Bank of America 2011-08-26T00:01:24Z Berkshire also received a 10 percent dividend and a 10 percent premium when it agreed to buy $3 billion of perpetual preferred stock in General Electric Co. on Oct. Buffett’s Bank of America Stakes Net $1.4 Billion on First Day 2011-08-25T17:39:02Z The lender will sell cumulative perpetual preferred stock to Berkshire, the Charlotte, North Carolina-based bank said today in a statement. BofA Says Berkshire Will Invest $5 Billion; Shares Rally 2011-08-25T13:58:04Z The preferred stock pays an annual dividend of 6 percent. Bank of America Says Buffett’s Berkshire Will Invest $5 Billion 2011-08-25T13:39:02Z Bank of America will sell Berkshire 50,000 shares of cumulative perpetual preferred stock with a 6 percent annual dividend, it said in a statement on Thursday. Warren Buffett to invest $5 billion in Bank of America 2011-08-25T13:35:39Z Because most of the Treasury’s investments were made in the form of preferred stock, they were considered riskier than the Fed’s loans, a type of senior debt. Wall Street Aristocracy Got $1.2 Trillion in Fed’s Secret Loans 2011-08-21T23:49:30Z Under the terms of the deal, Liberty Media bought preferred stock convertible into about 12 million Barnes & Noble shares at $17 apiece, giving it about a 17 percent stake in the company. Liberty Media makes $204 million investment in Barnes & Noble, drops $1 billion takeover bid 2011-08-18T23:50:45Z It admitted no liability or wrongdoing by Wachovia in settling with the plaintiffs, which are pension funds and other large investors that bought Wachovia's bonds and preferred stock. Wells Fargo, KPMG to pay $627 million to settle loan lawsuits 2011-08-06T04:03:00Z In the first half of 2011, as trading revenue dropped 25 percent, Goldman Sachs’s return on equity slumped to 8 percent, or 10 percent excluding the cost of repurchasing preferred stock from Berkshire Hathaway. Goldman?s lost shine 2011-07-31T00:56:57Z A venture capitalist says entrepreneurs need to understand the benefits of preferred stock: “Suffice it to say that this is an important term for investors, including me.” You're the Boss: This Week in Small Business: Are Small Businesses The Answer? 2011-07-25T11:00:41Z It also owns about 74 percent of the finance company formerly known as GMAC, now Ally Financial, as well as $5.9 billion in preferred stock. U.S. concludes Chrysler rescue with sale to Fiat 2011-07-21T22:29:00Z But the company said Thursday that it did not anticipate that holders of its common shares or preferred stock would benefit from the ongoing bankruptcy process. DealBook: Apple and Microsoft Beat Google for Nortel Patents 2011-07-01T08:58:58Z Auction-rate securities are typically municipal bonds, corporate bonds and preferred stocks whose rates of return are reset periodically through auctions. Raymond James to Return $300 Million in Auction-Rate Settlement 2011-06-29T18:19:10Z The company plans to use the proceeds to distribute unpaid dividends on convertible preferred stock. HomeAway Climbs After $216 Million IPO for Vacation Rental Site 2011-06-29T15:50:16Z The new investors will receive preferred stock, convertible into 43 million Express-1 shares at $1.75 each, and warrants to purchase an additional 43 million shares. Jacobs puts $150 million into Express-1, aims big 2011-06-14T22:08:16Z Jacobs and his firm will receive preferred stock, convertible into 43 million shares of Express-1 at $1.75 a share, and warrants to purchase an additional 43 million shares. UPDATE 1-Express-1 gets $150 mln investment, new CEO 2011-06-14T11:53:07Z Avaya said it would use proceeds from the IPO to repay some of its debt, redeem preferred stock and pay management termination fees to its sponsors. Avaya Holdings Corp files for IPO of up to $1 billion 2011-06-09T21:07:32Z Proceeds will be used to repay long-term debt, redeem preferred stock and pay fees to sponsors, the prospectus showed. Avaya Holdings Files to Raise as Much as $1 Billion in IPO 2011-06-09T20:29:45Z Treasury, its biggest investor, to expand the sale to $15.8 billion in common equity plus preferred stock. GM Failure to Match Ford Profit Means Investors Doubting 2011-06-07T16:27:31Z Jacobs Private Equity will own 71 percent of Express-1 once the deal closes and the preferred stock is converted and warrants exercised. Jacobs puts $150 million into Express-1, aims big 2011-06-14T22:08:16Z In announcing first-quarter results, Morgan Stanley also said it would convert the group's large preferred stock investment into common equity. Morgan Stanley CEO frets over capital rules 2011-05-18T17:45:26Z In November, G.M. raised more than $20 billion selling common and preferred stock, a public offering that reduced the government’s stake in the automaker to a minority position. DealBook: G.M. Stock Sale Likely to Be Later Than Expected 2011-05-12T13:58:05Z Under the terms of the transaction, Mitsubishi will trade most of its convertible preferred stock in Morgan Stanley for common stock. DealBook: Mitsubishi Deal Aids Morgan Stanley's Recovery 2011-04-22T00:31:03Z The preferred stock conversion will also bolster Morgan Stanley's capital levels ahead of stricter capital rules and the impending Smith Barney deal. Morgan Stanley trading turnaround makes progress 2011-04-21T20:59:23Z Globally, banks will be required to maintain at least 7 percent core Tier 1 capital ratios, a measure that excludes perpetual preferred stock, the Basel Committee on Banking Supervision said last year. China Banks Said to Require $131 Billion in Equity Over 6 Years 2011-04-13T16:43:58Z Our holdings, which include two Liberty bonds, twenty shares of American Drug Syndicate and one share of preferred stock in The Liberator, incline us to conservatism. Seeing Things at Night 2011-04-10T02:00:05.360Z Counting the $4.9 billion of taxpayer money already recovered and the $5.9 billion of preferred stock it holds, Treasury would need another $6.4 billion to break even on its investment in Ally. Ally files for IPO, readies for Treasury sell-down 2011-03-31T18:48:53Z Counting the $4.9 billion already recovered and the $5.9 billion of preferred stock it holds, Treasury would need to recoup about $6.4 billion through common stock sales to recover its entire investment in Ally. Treasury to start selling Ally stake 2011-03-31T16:15:34Z Under the stockholder rights plan, Iron Mountain will issue one-thousandth of a new Series A junior participating preferred stock of the company at 12 cents per share, if the 15 percent threshold is breached. UPDATE 1-Iron Mountain adopts poison pill to fend off Elliott challenge 2011-03-23T16:15:43Z Buying back the preferred stock will allow it to boost the dividend on its common shares, Goldman said. JPMorgan, others boost payouts after Fed tests 2011-03-19T02:23:58Z "This transaction simplifies our capital structure, ends the dilution from the continuing dividend payments required by the preferred stock terms, and increases the attractiveness of our common stock," CEO Pamela Patsley said in a statement. MoneyGram says THL to hold stake in company 2011-03-08T14:58:52Z In addition to owning almost 74 percent of Ally's common stock, Treasury holds about $5.9 billion of mandatory convertible preferred stock. Ally files for IPO, readies for Treasury sell-down 2011-03-31T18:48:53Z In addition to owning 74 percent of the issued common stock in Ally, the Treasury holds about $5.9 billion of its mandatory convertible preferred stock. Treasury to start selling Ally stake 2011-03-31T16:15:34Z Taxpayers still hold 74 percent of Ally’s common stock, which the Detroit-based lender plans to sell in an initial public offering, and $5.9 billion of convertible preferred stock. Ally Heads for Bailout Exit With Sale of Treasury’s TruPS Stake 2011-03-02T23:30:02Z The following Tuesday afternoon, the board held a conference call to approve Mr. Buffett’s $5 billion preferred stock investment in Goldman. DealBook: Former Goldman Director Charged With Insider Trading 2011-03-01T17:56:38Z Ally’s offering doesn’t include any of the Treasury’s $5.9 billion of mandatory convertible preferred stock in the company or any of the department’s holdings of Ally’s common stock, according to the statement. Treasury Plans Sale of Ally TruPS as U.S. Unwinds Bailout 2011-03-01T16:52:05Z The offering doesn’t include any of the Treasury’s $5.9 billion of mandatory convertible preferred stock in Ally or any of the department’s holdings of Ally’s common stock, according to the statement. Treasury Planning Sale of Ally’s Trust-Preferred Shares 2011-03-01T14:47:24Z Porsche preferred stock sank 14 percent, the largest weekly decline since May. European Stocks Post Biggest Weekly Drop Since July; Eni Slides 2011-02-25T18:49:38Z The overall profit was lower in part because of a loss of $1.8 billion in Europe and dividends paid on preferred stock. G.M. Reports an Annual Profit, Its First Since 2004 2011-02-24T12:57:12Z Tangible common equity is total shareholders’ equity excluding preferred stock, goodwill and identifiable intangible assets. Dougan Lowers Return-on-Equity Goal as Blankfein Clings to 20% 2011-02-14T23:26:16Z The company said in the filing it would use part of its net proceeds to pay dividends on convertible preferred stock that would be converted into common stock after the IPO. Pandora Media files for IPO of up to $100 million 2011-02-12T00:53:26Z Under the proposed plan, there would be no recovery by holders of the company’s outstanding subordinated debt, preferred stock or common stock, according to a statement. Icahn, Monarch Said to Target Blockbuster for Possible Buyout 2011-02-11T05:05:14Z Also, "preferred stock" and "financial stock" are virtually synonymous. Are Juicy Yields Worth the Extra Risk? 2011-02-05T04:05:33Z The new proposal’s requirement for Tier 1 capital, which includes common equity, retained profits and perpetual preferred stock, is 6 percent, same as the Basel rules, according to the person. China Said to Plan Raising Ratio If Credit Excessive 2011-01-28T09:26:09Z GM owed $15.6 billion in debt and preferred stock at the end of third quarter. GM Takes Back Request for $14.4 Billion in U.S. Loans 2011-01-27T22:12:02Z It would also pave the way for a restructuring of the companies by cutting the amount of outstanding preferred stock held by the Treasury, the FT said. Fannie, Freddie seek to cut dividend on govt stake - FT 2011-01-27T05:31:20Z If ContainerTrac is unable to pay back the money, the debt will convert to preferred stock. Archive: SBICs Keep Capital Flowing 2011-01-04T17:13:12Z British Consols differ from safe preferred stocks in legal, rather than in economic, ways. The Value of Money 2011-01-04T03:01:12.363Z China would, under the new rules, require core Tier 1 capital, which excludes perpetual preferred stock, of at least 5 percent by 2013 for the nation’s biggest banks, the person said. China Said to Plan Raising Ratio If Credit Excessive 2011-01-28T09:26:09Z Last week’s share swap involves almost half of Treasury’s preferred stock and boosts the U.S. taxpayers’ stake to 73.8 percent of Ally’s common shares from 56.3 percent. Treasury Said to Plan Sale of Ally TruPS as Soon as This Month 2011-01-04T01:36:01Z Treasury is converting its preferred stock at 1.0 times the book value of tangible common equity balance as of Sept. DealBook: Valuing Ally Financial 2011-01-03T15:35:08Z The Treasury Department stated on Thursday that “Treasury is converting its preferred stock at 1.0 times the book value of tangible common equity balance as of September 30, 2010, subject to certain adjustments.” DealBook: Valuing Ally Financial 2011-01-03T14:23:40Z This test would exclude the highest grade preferred stock. The Value of Money 2011-01-04T03:01:12.363Z The Treasury Department said it would exchange $5.5 billion of preferred stock into common shares, raising its equity stake to 74 percent, from 56 percent, of the outstanding common stock. DealBook: U.S. Unveils Plan to Sell Stake in Ally, Once GMAC 2010-12-31T00:52:32Z In July, Liberty Mutual sued Goldman Sachs Group Inc. in federal court, accusing the brokerage of misleading investors in 2007 when it sold preferred stock in Fannie Mae, the government- sponsored source of home-loan financing. Allstate Sues Countrywide Over $700 Million Investment 2010-12-30T13:17:53Z The shipbuilders also own preferred stock in the shipping line. Hyundai Merchant Falls as Four Shareholders Reject Rights Offer 2010-12-24T07:56:31Z As early as the second quarter of next year, the fund will be able to invest as much as 10% of its assets in preferred stock and convertible securities. Stocks Lure Bond-Giant Pimco 2010-12-16T22:31:00Z Cf. the discussion in Meade's Corporation Finance of the relation of junior bonds and preferred stocks in reorganizations. The Value of Money 2011-01-04T03:01:12.363Z If Wintrust is unable to redeem the series B preferred stock, it intends to use the net proceeds of the offerings for general corporate purposes, it said in a statement. UPDATE 1-Wintrust Financial to offer shares, redeem govt stock 2010-12-06T22:25:00Z Treasury to exchange First BanCorp's preferred stock into shares of the combined company at a discount, First BanCorp said in a statement. UPDATE 1-First BanCorp rejects Doral Financial's $96 mln offer 2010-12-06T15:05:00Z The company and JPMorgan said the securities were assigned to the bank on the eve of bankruptcy, and in exchange the hedge funds were given now worthless preferred stock. WaMu begins showdown over bankruptcy plan 2010-12-01T16:03:00Z The IPO is set to generate up to $273.6 million in underwriting fees including the overallotment option for common and preferred stock in the offering, according to a regulatory filing by the automaker. GM shares lose momentum in post-IPO NYSE return 2010-11-19T01:54:00Z But practically, as an economic matter, both represent the alienation of control, on faith, to a small group of men, and practically, too, the difference between preferred stocks and bonds is often very slight. The Value of Money 2011-01-04T03:01:12.363Z Treasury officials said the AIG estimate reflected a recapitalization plan that shifted preferred stock the government holds to common stock and that the Treasury's report made that clear. Treasury too rosy on bailout cost: TARP cop 2010-10-25T19:13:00Z Dividend payments on the preferred stock are making up larger portions of the capital needs as time passes, the agency said. Fannie and Freddie May Need Capital Infusion, Regulators Say 2010-10-21T15:04:00Z The $900 million deal value includes about $80 million in preferred stock in Northern Tier Energy, a company the private equity firms formed to operate the assets, Marathon said. UPDATE 1-Marathon to sell Minnesota downstream assets 2010-10-06T14:24:00Z It also said that if there was acceptance among holders of the remaining two-thirds of Net's preferred stock in circulation on the date of the auction, Embratel would be required to buy these shares also. UPDATE 1-Embratel delays auction for Net shares until Oct 7 2010-09-29T00:22:00Z That said, analysts expect the reduced liquidity of Net Servicos' preferred stock to help fuel a bigger participation by minorities. PREVIEW-Slim's Embratel seen clinching Net Servicos stake 2010-09-28T17:44:00Z That excludes the $2.1 billion in preferred stock also held by the government. GM to sell most stock in U.S., split shares: sources 2010-09-23T12:04:00Z After the $50 billion investment in GM, the United States held a 61 percent stake in the company, as well as $2.1 billion in preferred stock and a $6.7 billion loan. GM must sell for $134 a share for U.S. to recover investment 2010-09-23T00:13:00Z It tripled the minimum capital a bank must hold in the form of common equity and boosted the share of capital a bank must hold in the form of preferred stock. After Basel, the Banks Are Not Safer 2010-09-16T03:01:00Z "The proceeds of these sales will provide an additional return to the American taxpayer from Treasury's investments in these financial institutions beyond the dividend payments it received on the related preferred stock," the Treasury said. Treasury plans warrant auctions for two firms 2010-09-07T12:50:00Z The funds are required to maintain asset coverage of at least 200% with respect to senior securities, such as preferred stocks, and at least 300% with respect to debt securities. Funds Hold Billions in 'Auction' Paper 2010-08-31T20:07:00Z GM does not plan to sell new common stock in the IPO but plans to issue preferred stock that would generate proceeds for the automaker. GM files for IPO and plans dual listing 2010-08-19T00:31:00Z GM's plan to return to the public markets will include a move to sell preferred stock along with common shares, according to people familiar with the matter. GM IPO to Include Preferred Shares 2010-08-18T15:27:00Z Michael Page is our most preferred stock in the sector. Michael Page shares slip on caution despite profit jump 2010-08-16T09:21:00Z In connection with the deal, South Financial issued 100 shares of new preferred stock to Toronto-Dominion with a 39.9 percent voting interest. Some Deals Get the Summertime Blues 2010-08-09T18:07:00Z Banks that got bailout funds must pay a dividend to the government of 5 percent on preferred stock that they issued in return for the money, which is redeemed when they repay the funds. Bailed-out small US banks face takeover risk -panel 2010-07-14T04:01:00Z Preferred stock investors, including many large banks, suffered losses because the bailout ended dividend payouts and included the issuance to the government of new preferred shares that were senior to the existing preferred stock. Goldman sued by Liberty Mutual over Fannie stock 2010-07-09T17:15:00Z Investors will be able to trade Freddie Mac's 20 classes of preferred stock. Fannie Mae, Freddie Mac move to over-the-counter trading 2010-07-08T04:00:00Z According to Baggio, the stock swap ratios were 2.5 percent lower than Tuesday's closing price for the preferred stock and 46 percent higher for the common stock. UPDATE 2-Brasil Telecom holders shun Oi bid; shares plunge 2010-06-16T19:33:00Z The company also plans to convert $400 million of preferred stock it issued to the U.S. UPDATE 1-Firstbank unveils capital plan after regulatory order 2010-06-04T13:46:00Z Treasury intended to exchange the preferred stock it bought from the company under its Troubled Asset Relief Program into 581.4 shares of mandatorily convertible preferred stock. Hampton Roads to raise $275 million 2010-05-24T14:29:00Z In another case, Caspian Capital Advisors, which holds the preferred stock of cardboard packaging maker Smurfit Stone Container, began agitating for a shareholder committee in that bankruptcy in December. Investors bet on equity in bankrupt U.S. companies 2010-05-21T18:31:00Z The company intends to use the net proceeds from its offering also to redeem all of its outstanding preferred stock and for general corporate purposes, it said in a statement. UPDATE 1-Wabash National to offer 11 mln shares 2010-05-19T21:36:00Z Oi, formerly known as Telemar, cut the number of shares offered to minority investors in March, igniting concerns that holders of Brasil Telecom common shares could be hurt more than holders of its preferred stock. UPDATE 2-Brasil Telecom holders shun Oi bid; shares plunge 2010-06-16T19:33:00Z The sale of American Depositary Shares, each representing one preferred stock, will target pension funds and other so-called qualified investors in the United States and outside of Brazil, Itau Unibanco said. Itau Unibanco says BofA to sell $4.5 billion stake 2010-05-18T23:12:00Z The company said it would repay some outstanding senior notes with the $600 million private placement of convertible preferred stock that was also announced on Monday. UPDATE 1-Chesapeake plans cash raise, asset sales 2010-05-10T20:41:00Z Even as its business suffers through a sour real estate market, Freddie must pay hefty cash dividends on the preferred stock the government holds. Fair Game: Freddie Mac?s Loss Is Ignored in Washington 2010-05-08T21:42:00Z After all, his company owns about $5 billion in preferred stock in Goldman. Dealbook Column: From Buffett, Thought-Out Support for Goldman 2010-05-04T02:20:00Z While Buffett in his 1995 shareholder letter called Gillette "our best holding," he also said he made his "biggest mistake" by opting to buy preferred stock rather than common stock. Buffett makes good bets, bad bets 2010-04-30T11:26:00Z RealPage said it intends to use the proceeds from the offering to pay accumulated and unpaid dividends on its convertible preferred stock. UPDATE 1-RealPage to raise up to $150 mln in IPO 2010-04-29T22:03:00Z If the company converts the Treasury preferred stock to common shares, it will dilute existing shareholder value, which may not be a welcome news for investors. UPDATE 2-Sterling to get $135 mln conditional infusion by THL 2010-04-27T16:28:00Z "In addition, Rajaratnam conspired to obtain material, nonpublic information about the purchase of Berkshire Hathaway of preferred stock in Goldman prior to Goldman's public announcement of this transaction on or about September 23, 2008." Goldman director in focus on Berkshire deal: report 2010-04-23T17:24:00Z Other gains include the $6.8 billion value of the loan repayment and roughly $2.2 billion in preferred stock held by the Treasury. GM CEO believes taxpayers could be made whole 2010-04-22T00:26:00Z After the repayment, the remaining Treasury stake in GM consists of $2.1 billion in preferred stock and 60.8 percent of the common equity, the department said. GM firmly on road to viability: Treasury 2010-04-21T15:53:00Z Its only shareholder, Harbinger Capital, plans to convert existing Russell Hobbs term debt and preferred stock into common stock of the combined company, which will be called Spectrum Brands. UPDATE 1-Spectrum sticks with Russell Hobbs as go-shop ends 2010-04-12T13:52:00Z Treasury converts the preferred stock and warrants into common shares. Anchor Bancorp shares sink as it explores strategic options 2010-04-05T15:04:00Z It did not hurt that the Treasury Department was a fellow investor, buying preferred stock and warrants to help steady the faltering balance sheets of the banks. Hedge Fund Managers? Pay Roars Back 2010-04-01T03:00:00Z The Treasury received the shares as part of an agreement in 2009 that allowed the U.S. government to receive common shares in exchange for preferred stock. Treasury Sets Plan to Sell Citi Stock 2010-03-29T15:13:00Z New swap ratios were revealed on Thursday, igniting concern that holders of Brasil Telecom common shares could be hurt more than holders of its preferred stock. UPDATE 1-Brasil Telecom shares sink as Oi cuts swap ratio 2010-03-25T16:19:00Z It said it also issued $500 million of preferred stock that automatically converts into common stock in three years. Comerica repays TARP; Hartford sells $1.95 bln stock 2010-03-18T00:38:00Z Discover received regulatory approval to redeem the $1.2 billion of preferred stock that it issued to the U.S. Stock Picks: Adobe, BlackRock, Discover, Greenhill 2010-03-17T15:26:00Z The company also sees potential for retiring its preferred stock and opportunities for stock buybacks. Honda recalls vehicles for brake problem 2010-03-17T04:00:00Z The British company offered to pay about $35.5 billion for A.I.A., and the first $15 billion will be used to redeem another block of preferred stock held by the Federal Reserve Bank of New York. A.I.G. Sells Unit to MetLife 2010-03-08T11:58:00Z For example, according to this term sheet, the investors would receive uncapped participating preferred stock, which entitles them to two sources of cash if the company gets sold. How to Read a Term Sheet 2010-03-01T17:00:00Z The $10.5 billion equity component of the deal will include convertible and preferred stock, as well as about $5.5 billion in common stock, the source said. AIG agrees to $35.5 billion unit sale to Prudential: source 2010-03-01T00:54:00Z The company, which reported a surprise fourth-quarter loss last month, said it may use the proceeds to redeem preferred stock from the U.S. UPDATE 1-Wilmington Trust, TCF Financial to offer shares 2010-02-22T22:14:00Z Those funds are to redeem $9 billion worth of preferred stock now held in a special-purpose vehicle for the New York Fed. 2010-01-20T04:23:00Z According to the official, the taxable assets would exclude what is known as a bank’s tier one capital — its core finances, which include common and preferred stock, disclosed reserves and retained earnings. 2010-01-14T14:44:00Z Other elements of the plan include extending the term of the government's debt facility by more than 10 years and halving the rate on the government preferred stock to 5 percent, the source said. 2010-01-11T21:25:00Z Formerly its shares were non-transferable, but financial straits necessitated the placing of the common stock upon the open market; the preferred stock, however, is still held by the heirs of the original incorporators. With Edge Tools Five founder's shares of a thousand drachmas each in the preliminary company, convertible into preferred stock in the big concern and ten thousand drachmas a year salary. Captain Macedoine's Daughter If the bonds and the preferred stock represent all the real capital that there is, any dividends that may be paid on the common stock are a pure entrepreneur's profit. Essentials of Economic Theory As Applied to Modern Problems of Industry and Public Policy I tell you as an actual fact, Mr. Gubb, that so far it hasn’t paid out a cent in dividends, not even to the preferred stock. Philo Gubb, Correspondence-School Detective The preferred stock shall bear 5% 41 and that will belong to my friend who furnishes the money. The Young Farmer: Some Things He Should Know Not the preferred stock of the whole system would have availed at that moment to induce an inspection of Nine Mile shed. The Daughter of a Magnate Let us have no more "income bonds" which yield no income, and "preferred stock" in which another is preferred after all. Monopolies and the People That was fixed almost before he was born, when his old man horned in on a big mill combine and grabbed off enough preferred stock to fill a packing case. Torchy and Vee The interest on the investment in the case of preferred stock is more sure, but the security itself is not any more secure than in the case of common stock. Up To Date Business Home Study Circle Library Series (Volume II.) If they wish to keep their money invested in the farm, they will be given preferred stock in place of cash for their farms.� The Young Farmer: Some Things He Should Know What would a girl know about mergers, combinations, fundamental patents, the differences between common and preferred stock, and all that? Mary Minds Her Business The Trustees, moreover, have changed four-fifths of their holdings of the common stock of the railroad company above mentioned, into its preferred stock, from which a permanent income of six per centum will be derived. The History of University Education in Maryland It was a splendid exhibition of legal piloting, and he was bitterly dissatisfied with the modest reward of ten millions of the preferred stock which Dumont apportioned to him. The Cost "Fifty thousand cash and ten thousand shares of preferred stock—hundred dollars par." The Fortune Hunter For example, if a father should incorporate his farm, he could provide for 42 the inheritance of the preferred stock, among the heirs, as he desires. The Young Farmer: Some Things He Should Know I offered to double his own appraisal of his properties when we pay him in the preferred stock of the consolidation. All-Wool Morrison Securities -- N. securities, stocks, common stock, preferred stock, bonds, puts, calls, options, option contract, warrants, commercial paper, bearer bond, tax-exempt bond, callable bond, convertable bond†. share, stock certificate; coupon, bond coupon. liquid assets. Roget's Thesaurus of English Words and Phrases Whatever is left after paying the preferred stock interest is divided up equally among the shares of common stock, each getting according to his holdings. Business Hints for Men and Women A million dollars of preferred stock laughs merrily in recognition of a majority control going past in a go-cart drawn by an imported nurse. Arcadian Adventures with the Idle Rich He could give to the son who operates the farm all the common stock, together with what preferred stock he is entitled or the father may desire him to have. The Young Farmer: Some Things He Should Know “Mrs. Ruggles knows what the crown is made of—gold, nicely padded with bonds and preferred stock.” Cap'n Warren's Wards Despite these ominous facts, dividends were paid regularly on the preferred stock and in 1891 they were resumed on the common stock. The Railroad Builders; a chronicle of the welding of the states The preferred stock dividends are regarded as a fixed charge, but there can be no limit as to the payments on the common stock, if the funds are available. Business Hints for Men and Women For the bottom part he let them give him one-half of the preferred stock in the company in return for their supply of development capital. Arcadian Adventures with the Idle Rich As time went on the son could acquire additional preferred stock from the father or other heirs, or he could invest his earnings elsewhere, as might seem most expedient. The Young Farmer: Some Things He Should Know They are divided into debenture stock, preferred stock, and deferred stock. Everybody's Guide to Money Matters: with a description of the various investments chiefly dealt in on the stock exchange, and the mode of dealing therein On the death of the parents, the preferred stock would be distributed as inheritance or the will provided without in any way interfering with the continuity of the farm enterprise. The Young Farmer: Some Things He Should Know He could sell or retain his preferred stock. The Young Farmer: Some Things He Should Know |
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