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98 Resources for

preferred stock

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Did you mean preferred stock (98 results), convertible preferred stock (94 results)

BNET Business Dictionary

Preferred Stock: stock that entitles the owner to preference in the distribution of dividends and the proceeds of liquidation in the event of bankruptcy.; Preferred Stock definition on BNET »

BNET Resources

Urstadt Biddle Properties Inc. Announces Private Placement of $60 Million Series E Preferred Stock: GREENWICH, Conn. -- Urstadt Biddle Properties Inc. ("Company") (NYSE: UBA and UBP) today announced that it completed the sale of $60 million of a new Series E Senior Cumulative Preferred Stock ("Preferred Stock") in a private placement to WFC Holdings Corporation, a holding company for Wells Fargo Bank N.A. The...; Tags: Company, Preferred Stock; Research articles 2008-03-14
Fitch Rates Wachovia Corporation's Preferred Stock Issuance 'A+': NEW YORK -- Fitch Ratings has assigned an 'A+' rating to the $3.5 billion issuance of preferred stock by Wachovia Corporation WB. The perpetual preferred stock will pay a dividend of 7.98% for 10 years and thereafter change to a floating interest rate. WB may redeem the preferred stock after...; Tags: preferred stock, Wachovia Corp.; Research articles 2008-02-06
Fannie Mae Adjusts Dividend Rate for its Preferred Stock Series O to 7.000 Percent; Announces Initial Dividend Rate of 5.9481 Percent for Preferred Stock Series P.: WASHINGTON, September 28 /PRNewswire/ -- WASHINGTON, September 28 /PRNewswire/ --; Tags: dividend, Fannie Mae, Preferred Stock; Research articles 2007-09-28
Mentor Adopts Board Policy on Uses of Preferred Stock: SANTA BARBARA, Calif. -- Mentor Corporation (NYSE:MNT) today announced that, after consulting with Institutional Shareholder Services and certain of its shareholders, its board of directors has adopted a policy regarding designation of preferred stock. At the upcoming annual meeting of Mentor's shareholders to be held on September 17, 2007, shareholders...; Tags: board, Mentor, preferred stock, shareholder; Research articles 2007-09-06
Southern Union Company to Repurchase Portion of Depositary Shares: HOUSTON -- Southern Union Company (NYSE:SUG) today announced that the finance committee of its board of directors has authorized a program to repurchase a portion of the Depositary Shares representing ownership of its 7.55 percent Noncumulative Preferred Stock, Series A. The Depositary Shares, each representing one-tenth of a share of...; Tags: Preferred Stock; Research articles 2008-05-23

Fitch Rates Freddie Mac's $1.1B Non-Cumulative Perpetual Preferred Stock 'AA-': CHICAGO -- Fitch Ratings has assigned an 'AA-' rating to preferred stock issued by Freddie Mac (rated 'AAA'/F1+' by Fitch). Proceeds will be used to redeem all shares currently outstanding of its 6.14% non-cumulative preferred stock, issued in June 1997, and replace capital in connection with the company's previously completed...; Tags: Freddie Mac, preferred stock; Research articles 2007-01-11
Non-Invasive Monitoring Systems, Inc. Receives Additional Financing: MIAMI -- On April 7, 2008, Non-Invasive Monitoring Systems, Inc. (OTCBB:NIMUE) ("Nims" or the "Company") received $1,500,000 of funding from a group of private investors. The financing resulted from the issuance of 1,000 shares of Series D Convertible Preferred Stock (the "Preferred Stock") at a price of $1,500 per share....; Tags: financing, Preferred Stock; Research articles 2008-04-07
Microvision Converts $5 Million of Preferred Stock to Common Equity: REDMOND, Wash. -- Microvision, Inc. (NASDAQ:MVIS), a leader in light scanning technologies, today announced that the holder of the Company's preferred stock converted its $5 million preferred stock holding issued in September 2004 to common equity. As consideration for the conversion of the preferred stock, the company issued a total...; Tags: equity, Microvision, preferred stock; Research articles 2006-05-04
Cyclacel Pharmaceuticals, Inc. Announces Quarterly Dividend for 6% Convertible Exchangeable Preferred Stock: SHORT HILLS, N.J. -- Cyclacel Pharmaceuticals, Inc. ("Cyclacel", the "Company") (Nasdaq: CYCC) (Nasdaq: CYCCP) announced today that the Company's Board of Directors has declared a quarterly dividend in the amount of $0.15 per share on its 6% Convertible Exchangeable Preferred Stock (the "Preferred Stock") in accordance with the terms thereof....; Tags: dividend, Preferred Stock; Research articles 2006-07-19
SAVVIS Completes Exchange of Preferred Stock for Common; 37.4 Million Shares of Common Stock Issued to Simplify Capital Structure and Eliminate Non-Cash Dividend Charges: ST. LOUIS -- SAVVIS, Inc. (NASDAQ:SVVSD), a global leader in IT infrastructure services for business applications, today announced the completion of the exchange of its Series A Preferred stock ("Preferred") for approximately 37.4 million shares of the company's common stock, in keeping with the company's announcement of May 10, 2006....; Tags: capital structure, dividend, Preferred Stock; Research articles 2006-06-30
Hecla Announces Pricing of Mandatory Preferred Convertible Stock Offering: COEUR D'ALENE, Idaho -- Hecla Mining Company (NYSE:HL) today announced that it has set the price for the public offering of 1.75 million shares of 6.5% mandatory convertible preferred stock ("Preferred Stock") at $100.00 per share. The Preferred Stock will pay, when declared by the Board of Directors, dividends at...; Tags: dividend, Preferred Stock, pricing strategy, stock; Research articles 2007-12-13
Hexion Specialty Chemicals, Inc. Announces that it is Calling for Redemption all of its Outstanding Shares of Series A Preferred Stock: COLUMBUS, Ohio -- Hexion Specialty Chemicals, Inc. ("Hexion" or the "Company") announced today that it has called for redemption all of its outstanding shares of Series A Preferred Stock (CUSIP: 428300-20-6)(the "Preferred Stock"). Dividends on the shares of the Preferred Stock will cease to accrue on the redemption...; Tags: Preferred Stock; Research articles 2006-05-05
Doral Financial Corporation Declares Cash Dividend on Three Series of Preferred Stock: SAN JUAN, Puerto Rico -- Doral Financial Corporation (NYSE: DRL), a diversified financial services company, today announced that, on May 31, 2007, it paid the regular monthly cash dividend on the Company's 7% Noncumulative Monthly Income Preferred Stock, Series A (the "Series A Preferred Stock"), 8.35% Noncumulative Monthly Income Preferred...; Tags: Doral Financial Corp., Preferred Stock; Research articles 2007-06-08
ATP Oil & Gas Corporation Expands Offering and Closes $150 Million Private Placement of Preferred Stock: HOUSTON -- ATP Oil & Gas Corporation (NASDAQ:ATPG) today announced that it has upsized and closed its previously announced private placement of non-convertible, perpetual preferred stock ("Preferred Stock"). The issue has been expanded to $150 million and closed today, March 20. The Preferred Stock carries a non-cash dividend of 12.5%....; Tags: Preferred Stock; Research articles 2006-03-20
Nextel Commences Consent Solicitation and Exchange Offer for Zero Coupon Convertible Preferred Stock Due 2013: RESTON, Va. -- Nextel Communications, Inc. (NASDAQ:NXTL) announced that it has commenced a consent solicitation with respect to its outstanding Zero Coupon Convertible Preferred Stock Due 2013 Preferred Stock. In order to incent the conversion of the Preferred Stock into class A common stock of Nextel, consents are being solicited...; Tags: Nextel Communications Inc., Preferred Stock; Research articles 2005-03-03
Viad Corp Announces Redemption of $4.75 Preferred Stock: PHOENIX -- Viad Corp (NYSE:VVI) announced that its board of directors yesterday approved the redemption of all issued and outstanding shares of Viad Corp $4.75 Preferred Stock ("Preferred Stock") (NYSE:VVIPr, CUSIP 92552R307). This redemption is to be effected in accordance with the terms of the Preferred Stock. Each share of...; Tags: Preferred Stock, redemption; Research articles 2004-06-17
Nonqualified preferred stock.: The nonqualified preferred stock NQPS rules of Sec. 351 g, originally enacted in 1997, generally treat certain preferred stock as "boot" in certain exchanges under Secs. 351, 354, 355, 356 and 1036. According to Sec. 351 g(3)A, the The nonqualified preferred stock NQPS rules of...; Tags: preferred stock, Sec; Research articles 2005-01-01
Hexion Specialty Chemicals, Inc. Announces the Redemption Today of All of Its Outstanding Shares of Series A Preferred Stock: COLUMBUS, Ohio -- Hexion Specialty Chemicals, Inc. ("Hexion" or the "Company") today announced the redemption of all 14,781,959 outstanding shares of its Series A Preferred Stock (CUSIP: 428300-20-6) (the "Preferred Stock"). The total redemption price for the Preferred Stock was $397,409,888.14, which represents 101% of the liquidation...; Tags: Preferred Stock, redemption; Research articles 2006-05-12
Doral Financial Corporation Declares Cash Dividend on Four Series of Preferred Stock: SAN JUAN, Puerto Rico -- Doral Financial Corporation (NYSE: DRL), a diversified financial services company, announced that, today, August 31, 2007, it paid the regular monthly cash dividend on the Company's 7% Noncumulative Monthly Income Preferred Stock, Series A (the "Series A Preferred Stock"), 8.35% Noncumulative Monthly Income Preferred Stock,...; Tags: dividend, Doral Financial Corp., Preferred Stock; Research articles 2007-08-31
Fitch Rates Alabama Power's 5.625% $150MM Non-Cumulative Preferred Stock Hybrids 'A'; Outlook Stable: NEW YORK -- Fitch has assigned an 'A' rating to Alabama Power Company's (APC's) $150 million of new 5.625% preferred stock. APC may redeem the preferred stock, in whole or in part, on or after Jan. 1, 2012. Dividends on the preferred stock are not cumulative, and accordingly, if APC's...; Tags: American Power Conversion Corp., dividend, Microsoft Outlook, preferred stock; Research articles 2006-12-08