Sentences with phrase «firm sold all of its shares»

As for Baskin, the firm sold all of its shares in Home Capital in late April, and Schwartz, the chief investment officer, said it will no longer comment on the company.
Even for authorised firms the selling of shares through cold calling is prohibited under the FSA's Conduct of Business Rules.

Not exact matches

The Montreal - based firm is RIM's sixth biggest investor (10.2 million shares at the end of the first quarter, worth about $ 361 million yesterday), and just sold over half its holdings.
The firm sold all of its nearly 87,000 IBM shares in mid-March, said owner Scott Granowski.
The firm sold 4.6 million shares, worth a cool $ 79 million at the start of trading.
Former chief executive of Wynn Resorts Steve Wynn will exit the casino empire he founded by selling all his remaining 8 million shares in the firm, he announced this week.
It's the first time Naspers has sold any of the Tencent shares it bought 17 years ago, in a deal that worked out extraordinarily well for the firm.
«E-commerce creates the potential for even the smallest local firm to sell globally and, in so doing, creates an environment in which the benefits of trade can be shared by all Canadian firms, and not accrue to just large multinational firms,» the report says.
Shares of Longfin fell Monday after a tweet from noted short - selling firm Citron Research suggested corporate fraud.
Patrick Jahnke, portfolio manager at Deka Investments, which owns BASF stock, said he favored the firm selling its upstream petrochemical assets, saying the benefits of physical proximity to downstream operations could be shared with a new owner.
According to the GAO report, 71 percent of all generic injectable cancer drugs sold in 2008 were produced by just three manufacturers, while 91 percent of the market share of injectable nutrients and supplements was held by just three pharmaceutical firms.
Greger Johansson, analyst at research firm Redeye who had a bull case scenario of 250 crowns per share, said he thought the main owners had been unwilling to sell below 300 crowns as Axis had high revenue growth and was the No. 1 player in its market.
Seedrs makes money by taking roughly 6 per cent commission on funds raised, and then a share of any increase in value when the company is sold — similar to the «carry» earned by private equity firms.
Recode is reporting that Benchmark plans to sell some of its shares, which isn't surprising: the governance reforms the firm won in recent months are tied to the Softbank deal going through, and Benchmark is best placed to ensure Softbank acquires the necessary 13.4 % share of the company to make the deal a reality.
If you sell shares of a Franklin Templeton fund that were held indirectly for your benefit in an account with your investment representative's firm or your bank's trust department or that were registered to you directly by the Fund's transfer agent (or, to an affiliated custodian or trustee of the Fund's transfer agent), you may reinvest all or a portion of the proceeds from that sale within 90 days of the sale without an initial sales charge.
That round was led by IVP, a late - stage firm that specializes in leading one of a portfolio company's last private financing rounds before the company sells its shares to the public.
Last week, Reuters, citing people with knowledge of the plan, reported that China might allow tech firms that are listed offshore to sell a type of share in the country.
Investors have little way of knowing in advance when a sell - side brokerage firm will initiate coverage of a company, however, adding the risk that it may be a long time before other portfolio managers recognise a company and boost its shares.
These types of firms typically have a much more extensive list of shares available for selling short than your traditional web - based brokers designed for long - term «buy and hold» investing.
LEEKICO shares the assumption of asset decentralization and commits to selling the wave of worldwide cryptocurrency start - up firms.
In other news, CEO Vincent Roche sold 10,000 shares of the firm's stock in a transaction that occurred on Thursday, March 1st.
Also, Director James Champy sold 2,455 shares of the firm's stock in a transaction that occurred on Thursday, March 22nd.
Mr Bagley described the conversations he's had with investment firms regarding the RQFII as positive and added that he expected the recent sell off to trigger more urgency given the relative value of the China share market.
Elsewhere security firm G4S fell on the back of concerns that they would miss expectations for the quarter, fears that were compounded by Goldman Sachs re-emphasising their rating of the company has a «sell» — advising investors to seek a price somewhere in the region of # 1.94 per share.
CNBC is reporting that Bill Ackman's activist firm Pershing Square Capital Management has sold $ 610 million worth of Restaurant Brands (QSR) in a block trade, selling 10 million shares at $ 61 per share.
In related news, Chairman Charles R. Schwab sold 74,450 shares of the firm's stock in a transaction that occurred on Wednesday, February 14th.
Also, EVP Terri R. Kallsen sold 2,026 shares of the firm's stock in a transaction that occurred on Wednesday, February 7th.
In other news, Director Aylwin B. Lewis sold 1,797 shares of the firm's stock in a transaction that occurred on Monday, February 26th.
Harry sold his share of the firm about 10 years before he died and devoted himself to civic and community philanthropy.
He pointed to the sudden rise in share prices for pharmaceutical firms working on Ebola vaccines as one type of economic spur to ensure that medicines are there in an emergency, along with WHO's capacity to «prequalify» drugs as safe and effective so that they can be sold more cheaply and widely.
The firm unified its privacy policies last year to allow the sharing of user data between its cloud - based applications in order to build new kinds of services, and ultimately sell more ads.
1:00 - 2:00 FOX's Breaking In — Christian Slater (True Romance), Odette Yustman (Cloverfield), Bret Harrison (V), Alphonso McAuley (Chocolate News), and executive producer Doug Robinson (Rules of Engagement) share a sneak peek and behind - the - scenes anecdotes about their upcoming series Breaking In, an offbeat half - hour workplace comedy about a high - tech security firm that takes extreme — and often questionable — measures to sell their protection services.
Research firm Gartner estimated that Windows Phone sold 1.6 million units in the first quarter of 2011, and recent data from comScore suggests that Microsoft's share of the overall smartphone market continues to erode.
To no one's surprise, the research firm predicts Apple will continue to be biggest buyer of tablet PC touch screens sold this year and next but does expect its share to fall below 50 % in 2013 and beyond.
The mechanics of a public share offering are complicated, but a certain percentage of the money raised goes to financial firms that help sell and distribute the shares, and that cost is usually heftier than the cost of arranging a loan.
At this point you would sell the shares back to the brokerage firm for $ 10 per share netting a difference of $ 3,000 in profit minus fees and commissions.
Eastern underwriting agreement: A firm commitment underwriting in which syndicate members are liable for their share of any unsold securities, regardless of how much of their allotment they sold.
Firm quote: A quote committing the firm to buy or sell at least 100 shares of stock or 5 bonds at the stated prFirm quote: A quote committing the firm to buy or sell at least 100 shares of stock or 5 bonds at the stated prfirm to buy or sell at least 100 shares of stock or 5 bonds at the stated price.
Reallowance: In a corporate underwriting, the compensation of a firm that is not a member of the syndicate or the selling group for selling shares to the public.
If a firm is truly undervalued, management would be purchasing shares in abundance - selling shares signals either a lack of confidence or the inability to generate cash through operations, both of which are negative.
Luckily, at our firm more restrictions were put in place and B - shares couldn't even be sold to anyone who held an aggregate of $ 50,000 in mutual funds anywhere, not just with the firm.
As the firm explains, the first share class, commonly referred to as «T shares,» aims to help financial advisers maintain their traditional business model — selling mutual funds on commission — while complying with the letter and spirit of the new conflict of interest rules.
If bad news is out, you might short the stock during the day by «borrowing» shares of the stock from the investment firm and then selling those borrowed shares.
However, The Hartford envisions being able to offer multiple share classes of the Lifetime Income product and says that once it is being sold through advisers, Eck predicted, the firm anticipates offering a revenue share to the adviser.
While Dimensional funds are easily parsed into index categories based on geography, market - cap size and value / growth dimensions, there are other rules that drive the decision to invest in one company at a given time — none of which are based on short term forecasts or speculation, and all of which are based on those pre-determined rules of construction, including the firm's willingness to assess how badly a seller needs to part with their shares, and the seller's desire to sell the lot quickly, and at a discount.
At my last firm, I sold our shares of AIG the day it entered the DJIA.
In addition, a Financial Industry Regulatory Authority (FINRA) member brokerage firm should not sell you shares of a fund in an amount that is «just below» the fund's sales load breakpoint simply to earn a higher commission.
Selling to an ESOP vs. Selling to an Outsider Compare the ESOP buyout to two other common methods of selling an owner's shares — redemption or sale to anotheSelling to an ESOP vs. Selling to an Outsider Compare the ESOP buyout to two other common methods of selling an owner's shares — redemption or sale to anotheSelling to an Outsider Compare the ESOP buyout to two other common methods of selling an owner's shares — redemption or sale to anotheselling an owner's shares — redemption or sale to another firm.
The seller of the 25 percent Hilton stake — for which HNA paid a premium of almost 15 percent over the going price for Hilton shares — was the same firm that sold Strategic Hotels to Anbang: the giant U.S. investment house Blackstone Group, which took Hilton private in 2007 and then took it public with an IPO in 2013 that raised $ 2.3 billion.
* This message does not constitute an offer to sell or a solicitation of an offer to buy either shares in a law firm or any other security.
a b c d e f g h i j k l m n o p q r s t u v w x y z