Sentences with phrase «by equity issuance»

Notwithstanding the value destruction that has resulted from the carpet - bombing of investors by equity issuance to finance ill - conceived capital programs, we find many reasons to consider investing selectively in gold - mining equities.

Not exact matches

Corporate investment - banking fees were down 4 % from the year - ago quarter because of lower advisory and equity issuance fees but partly offset by higher debt - issuance fees, according to the firm.

«While everyone is focused on valuation and bubbles (to some degree rightfully so), the fact remains that the last few years have been supported by a low level of net equity issuance that has, all else equal, supported prices,» says Dan Greenhaus, chief global strategist at BTIG.

Adjusted Net Income is defined as net income excluding (i) franchise agreement amortization, which is a non-cash expense arising as a result of acquisition accounting that may hinder the comparability of our operating results to our industry peers, (ii) amortization of deferred financing costs and debt issuance discount, a non-cash component of interest expense, and (gains) losses on early extinguishment of debt, which are non-cash charges that vary by the timing, terms and size of debt financing transactions, (iii)(income) loss from equity method investments, net of cash distributions received from equity method investments, (iv) other operating expenses (income), net, and (v) other specifically identified costs associated with non-recurring projects.

Business credit has been falling, but this has been more than offset by increases in non-intermediated sources of funding, such as equity raisings and corporate bond issuance.

Brazil's debt market is three times larger than its equity market by total issuance.

The Company's issuance of shares of common stock, including the additional shares that will be authorized if the proposal is adopted, may dilute the equity ownership position of current holders of common stock and may be made without stockholder approval, unless otherwise required by applicable laws or NYSE regulations.

Amended and Restated 2008 Equity Incentive Plan to increase the number of shares reserved for issuance by 3,000,000 shares, (3) «For» approval of the J.Crew Group, Inc..

It also addresses transactions in which an entity incurs liabilities in exchange for goods or services that are based on the fair value of the entity's equity instruments or that may be settled by the issuance of those equity investments.

the authorization or issuance of any of our equity securities, other than pursuant to equity incentive plans or arrangements approved by the board of directors;

From a historical standpoint, however, when the equity market has joined persistent overvalued, overbought, overbullish extremes with deteriorating market internals, with a cherry on top featuring two - tiered speculation in glamour stocks and heavy new issuance of stock by companies that predominantly have no earnings, we find it difficult to find any precedent that hasn't worked out quite badly.

Meanwhile, Albert Edwards of SocGen suggested that there has been an excessive «move away from equities» in recent years — instead of noting, for example, that the volume of U.S. government debt foisted upon the public (even excluding what has been purchased by the Fed) has doubled since 2007, not to mention other sources of global debt issuance, while the market capitalization of stocks has merely recovered to its previously overvalued highs.

These concerns might recently have been exacerbated by changes in the pattern of corporate financing: in countries in which the swap spread has increased the most — the US and UK — growth in private sector bond issuance has been relatively large, while net equity issuance has been low (or even negative as in the United States).

Perpetual step - up preference shares (which are classified as equity for tax and accounting purposes) have accounted for the majority of issuance by both financial and non-financial institutions since the previous Statement.

Finally, GM's quick repayment of the loans has whetted the appetite of some commentators (including DeCloet) for the ultimate repayment of the full government contribution. That would occur through the issuance of public equity by GM and Chrysler, creating a market for those stocks into which the government would presumably sell its shares. There is even some nefarious language in the rescue packages requiring the government to sell off its shares within specified, relatively aggressive timelines. The more I think about it, the less this makes sense — neither for the auto industry, nor for taxpayers. Why not hang onto the equity stake? If the companies recover and the equity gains market value, then the government will be able to claim that on its balance sheet (hence officially recouping the cost of its written - off contributions and creating a budgetary gain).

In the most recent 10 - Q, the Company justified the now - proposed action to authorize the issuance of additional equity by highlighting concerns regarding the March 2011 maturity of the LOC.

Compounded by the anti-dilution provisions contained in the Company's Convertible Preferred Stock, an equity issuance of this magnitude would be significantly dilutive to existing shareholders.

The book value of equity is an accounting measure that is based on the historic cost principle, and reflects past issuances of equity, augmented by any profits or losses, and reduced by dividends and share buybacks.

I would imagine that by using the Tier 1 capital ratio in the valuation, the issuance of preferred stock and payment of preferred dividends would affect the reinvestment in regulatory capital and hence the free cash flow to equity.

From a historical standpoint, however, when the equity market has joined persistent overvalued, overbought, overbullish extremes with deteriorating market internals, with a cherry on top featuring two - tiered speculation in glamour stocks and heavy new issuance of stock by companies that predominantly have no earnings, we find it difficult to find any precedent that hasn't worked out quite badly.

Of all a company's total debt and equity issuance, unsubordinated debt is prioritized first, followed by subordinated debt, before preferred and common equity are considered.

Why do I even bother... but it hardly needs pointing out we're talking about stocks whose business is inherently low / steady growth — can these muppets not figure out that high CAGRs obviously come from a constant diet of investment & acquisitions (regardless of the potential returns on offer), all funded by serial equity & debt issuance.

With chapters written by local experts from major jurisdictions worldwide, Equity Derivatives covers topics such as: regulatory authorities; market structure; categories and types of over-the-counter and exchange - traded equity derivatives; borrowing, selling, and repurchasing shares; risks facing dealers and counterparties; bankruptcy and insolvency rules; reporting obligations; insider trading regulations; taxation issues; and the design and issuance of structured proEquity Derivatives covers topics such as: regulatory authorities; market structure; categories and types of over-the-counter and exchange - traded equity derivatives; borrowing, selling, and repurchasing shares; risks facing dealers and counterparties; bankruptcy and insolvency rules; reporting obligations; insider trading regulations; taxation issues; and the design and issuance of structured proequity derivatives; borrowing, selling, and repurchasing shares; risks facing dealers and counterparties; bankruptcy and insolvency rules; reporting obligations; insider trading regulations; taxation issues; and the design and issuance of structured products.

• equity issued by us in exchange or conversion of exchangeable senior notes based on the stock price at the date of issuance;

• any other issuances by us of common equity, preferred equity or other forms of equity, including but not limited to limited partnership interests in an operating partnership (excluding equity - based compensation, but including issuances related to an acquisition, investment, joint venture or partnership); and