Valley National Bancorp (VLY) priced an offering of $150 million worth of new series C non-cumulative perpetual preferred stock, offering an initial dividend rate of 8.25% until September 30 ...
In the hierarchy of a company's capital structure, there are primarily two classes: shareholders and bondholders, both of which are governed by the "absolute priority" rule. Under this rule, in ...
Hewlett Packard Enterprise's shares dropped 6.4% in extended trading after the AI server maker announced a $1.35 billion ...
Citigroup sold another big offering of preferred stock recently at a 7% dividend yield. Morgan Stanley also offered a new ...
Hewlett Packard Enterprise Company HPE saw its stock tumble by 8.5% on Tuesday following the announcement of a $1.35 billion ...
Preferred stock can also be a way of avoiding new debt. "If companies raise cash ... However, he says, raising cash through a common equity offering, which can dilute existing shareholders ...
(RTTNews) - Hewlett Packard Enterprise Co. (HPE) announced the pricing of public offering of $1.35 billion (27 million shares) of Series C Mandatory Convertible Preferred Stock of HPE, in an ...
Stock investors can choose from thousands ... Shareholders can vote on issues related to the company, such as deciding on a new board member. Preferred stocks do not offer voting rights, and ...
Viridian Therapeutics, Inc. (NASDAQ: VRDN), a biotechnology company focused on discovering and developing potential best-in-class medicines for serious and rare diseases, today announced that it has ...
The shares of Series D Preferred Stock and ... other things, new technology development and potential acquisitions.. "We are pleased to be in a position to upsize the offering and further advance ...
Viridian intends to use the proceeds from the proposed underwritten public offering of its shares of common stock and Series B preferred stock ... and assumptions. New risks and uncertainties ...