Sentences with phrase «auction rate securities»

Short and long - term investments consist primarily of auction rate securities in asset backed securities and corporate notes.

These mostly AAA - rated auction rate securities, which met our investment guidelines at the time the investments were made, have failed to settle in auctions during fiscal 2007.

In consideration of the settlements, securities regulators agreed to terminate their investigations into the marketing and sale of auction rate securities to individual investors.

Wells Fargo Investments LLC: State Securities Regulators Announce $ 1.3 Billion Settlement with Wells Fargo Investors in Auction Rate Securities Investigations, November 18, 2009

Texas: Securities Regulators Announce Settlement with Citigroup in Auction Rate Securities Investigation, August 7, 2008

As of October 31, 2008 the Company held auction rate securities with a par value of $ 18.8 million, which are included in short and long - term investments.

The widespread marketing of auction rate securities as cash equivalents, followed by the collapse of the ARS auction market in February 2008 left thousands of investors without access to their money.

As of November 30, 2008, we continued to hold auction rate securities with a par value of $ 17.4 million.

Personally, I think the wave of auction failures will give way to refinancing long, and a new group of speculators buying auction rate securities at higher yields than the prior short - term equilibrium yield.

Investment securities that have maturities of more than three months at the date of purchase but current maturities of less than one year and auction rate securities which prior to the fourth quarter of fiscal 2008 management has been able to liquidate on 7, 28 or 35 day auction cycles, are considered short - term investments.

reimburse all refinancing fees to any state municipal issuers who issued auction rate securities in the initial primary market between August 1, 2007 and February 11, 2008, who refinanced those securities after February 11, 2008; and

But her last minute advocacy of having Citi pay off customers who bought toxic auction rate securities from the bank helped put her in a positive light.

The various risks described below are associated with buying, selling and owning Auction Rate Securities.

See also the discussion in «Liquidity and Capital Resources» and Item 3 for additional information on auction rate securities.

Massachusetts: Secretary Galvin Charges Merrill Lynch with Fraud in Auction Rate Securities Dealings, July 31, 2008

Reimburse all refinancing fees to municipal issuers who issued auction rate securities through Wachovia since August 1, 2007, and who refinanced those securities after the market failed.

We believe that the $ 0.2 million decline in value that we have experienced in the remaining auction rate securities as of October 31, 2008, is a temporary event and has been accounted for as an unrealized loss in accumulated other comprehensive loss.

Missouri: Carnahan Announces $ 9 Billion Dollar Investor Buyout Of Wachovia Auction Rate Securities, August 15, 2008

Corporate cash is intended for operations & future investment — it's not intended to be a source of speculation (as many companies & banks / brokers sued re auction rate securities losses have discovered).

State Securities Regulators Remind Auction Rate Securities Investors to Contact Firms About Buyback Offers, November 10, 2008

New York: Attorney General Cuomo Expands Investigation Into Auction Rate Securities Scandal, August 11, 2008

The reduction also reflects impairment charges associated with two of our investments in auction rate securities during the three and six month periods ended October 31, 2008 of $ 0.8 million and $ 1.4 million, respectively.

Those securities with maturities of greater than one year, including auction rate securities that failed to settle and which based on their nature do not appear likely to settle in the near term, are classified as long - term investments.

As of October 31, 2008 and April 30, 2008, we held two auction rate securities totaling $ 10.0 million of par value, which had an original rating at the time we purchased them of AA but are currently rated A and have failed to settle at auctions since the second quarter of fiscal 2008.

Fewer auction rate securities to tax free money market funds.

Typically, the carrying value of auction rate securities approximates fair value due to the frequent resetting of the interest rates.

In addition, in the future should we determine that the decline in value of the other auction rate securities is other than temporary, we would recognize a further impairment charge on our condensed consolidated statement of operations, which could be material.

However, when auction rate securities fail to settle at auction, which occurred in fiscal 2008, and conditions leading to their failure to auction create uncertainty as to whether they will settle in the near - term, we classify them as long - term consistent with the contractual term of the underlying security.

At April 30, 2009, all of DITC's short - term and long - term investments were held in corporate notes and asset backed auction rate securities.

Represented a sophisticated investor in FINRA arbitration against Morgan Keegan relating to an investment in Jefferson County Sewer Bond Auction Rate Securities, which resulted in a $ 1.95 M FINRA award.

Missouri: Carnahan Meets With Wachovia to Find Solution for Auction Rate Securities Investors, August 11, 2008

As of February 28, 2009, DITC continued to hold auction rate securities with a par value of $ 13.7 M.

Inc.: State Securities Regulators Announce Settlement with Stifel, Nicolaus & Co., Inc. in Auction Rate Securities Investigations, December 29, 2009

We believe that the $ 0.2 million decline in value that we have experienced in the remaining five auction rate securities as of October 31, 2008 is a temporary event and we have accounted for this decline as an unrealized loss in accumulated other comprehensive loss within stockholders» equity in the condensed consolidated balance sheets.

At June 30, 2009, DITC continued to hold auction rate securities with a par value of $ 13.7 million.

Disclaimer: The various risks described below are associated with buying, selling and owning Auction Rate Securities.

Massachusetts: Secretary Galvin Charges UBS with Fraud in Auction Rate Securities Dealings, June 26, 2008

Reimburse all refinancing fees to municipal issuers who issued auction rate securities through JP Morgan since August 1, 2007, and who refinanced those securities after the market failed;

As of October 31, 2008, we held five AA and two A rated auction rate securities, totaling $ 18.8 million of par value, which failed to settle at auctions.

Investment securities that have maturities of more than three months at the date of purchase but current maturities of less than one year, and auction rate securities which management typically has settled on 7, 28 or 35 day auction cycles, are considered short - term investments.

New York: Attorney General Cuomo Announces Landmark Settlement With Citigroup To Recover Billions In Auction Rate Securities For Investors Nationwide, August 7, 2008

Wachovia: Securities Regulators Announce Settlement With Wachovia Over Sale of Auction Rate Securities, August 15, 2008

Since 2008, Genesis Global Trading has traded over $ 30 billion in auction rate securities and other illiquid assets.

Pluris» proprietary LiquiStat database includes valuation data from recent sales of illiquid assets: restricted stock, warrants, options, convertibles, auction rate securities, structured products, bankruptcy claims, private company stock, and limited partner interests.