Sentences with phrase «for liquidation on»
Goldman Sachs Financial Square Tax - Exempt California Fund (ITCXX) and Goldman Sachs Financial Square Tax - Exempt New York Fund (IYAXX) were slated for liquidation on August 31, 2016 but the Board and advisor got twitchy.
http://www.mutualfundobserver.com/ Not exact matches
Bloomberg reported on Thursday that Toys «R» Us is making preparations for a liquidation of its bankrupt U.S. operations.
Bon - Ton did not immediately respond to Business Insider's request for comment on the store closures but announced in a press release Wednesday that the liquidation firms» bid had been approved by the US Bankruptcy Court for the District of Delaware.
California topped the nation in small business filings for reorganization or liquidation: The state's metro areas claimed four of the top five slots on the most - filings list.
April 23 - Hasbro Inc reported a bigger - than - expected drop in quarterly revenue on Monday, blaming the liquidation of Toys» R» Us and unsold toy inventory in Europe for a $ 100 million shortfall in revenue.
Variations on this theme include making formal or informal arrangements to pay off your creditors, filing for voluntary liquidation, and declaring bankruptcy.
On Thursday, at the Toys «R» Us Express on 33rd Street in Midtown Manhattan, Angela Milligan, 28, and Chace Douglas, 25, were looking for bankruptcy bargains (no liquidation markdowns yetOn Thursday, at the Toys «R» Us Express on 33rd Street in Midtown Manhattan, Angela Milligan, 28, and Chace Douglas, 25, were looking for bankruptcy bargains (no liquidation markdowns yeton 33rd Street in Midtown Manhattan, Angela Milligan, 28, and Chace Douglas, 25, were looking for bankruptcy bargains (no liquidation markdowns yet).
While people are still coming to grips with the fact that Toys «R» Us will be nothing but a memory before long, bargain hunters have been scouring for information on when the liquidation sales will begin.
Plans continued to evolve for the retailer, even as it puts the final touches on its liquidation plans.
Common equity classes are considered to be a call option with a claim on equity value at an exercise price equal to the aggregate liquidation preferences for the preferred equity classes.
«Financing Conversion Securities» means securities with identical rights, privileges, preferences and restrictions as the Qualified Financing Securities issued to new investors in a Qualified Financing, other than (A) the per share liquidation preference, which will be equal to (i) the Note Conversion Price at which this Note is converted, multiplied by (ii) any liquidation preference multiple granted to the Qualified Financing Securities (i.e., 1X, 2X, etc. of the purchase price), (B) the conversion price for purposes of price - based anti-dilution protection, which will equal the Note Conversion Price, and (C) the basis for any dividend rights, which will be based on the Note Conversion Price.
But the likely liquidation will have a bigger impact on smaller toy makers, who rely more on the chain for sales.
This can be expressed as a multiple to the investment amount (2X or 3X, for example), or as a «double - dip» — the investor's right to get their money back, plus an amount equal to the as - if - converted value (that is, the amount the investor would receive on liquidation had they converted their preferred shares to common shares).
After payment of the full liquidation preference of the Series A, Series A-1, Series B, and Series C, the entire remaining amounts legally available for distribution will be distributed to the holders of our common stock pro rata based on the number of shares held by each holder.
The liquidation preference for Series A, Series A-1, Series B, and Series C is based on the original issue price per share.
Current conversation has focused on the liquidation of the company's U.S. assets, however the future for the company's various international branches is far from certain.
12 rules of goldbuggery [The Big Picture] On Africa's economic prospects [The Economist] Nate Silver: confidence kills predictions [IndexUniverse] Leverage: financial versus operating [MicroFundy] The endgame is forced liquidation [Hussman Funds] P / C insurance industry overview and outlook [Insurance Information Institute] Twitter is becoming the first and quickest source of investment news [Guardian] Shameless plug: if you don't already, follow @MarketFolly on Twitter An economic analysis of cable TV pricing [Colorado.edu] Paying for sports programming [The Sports Economist] Here comes Amazon's (AMZN) Kindle TV set - top box [BusinessWeek] eBay (EBAY) fighting online sales tax [Dealbook] Public speaking: how to shine on the soapbox [Anthony Scaramucci] A quant finance reading list [Quantstart] For aspiring investment managers: Kaplan's Series65 exam preOn Africa's economic prospects [The Economist] Nate Silver: confidence kills predictions [IndexUniverse] Leverage: financial versus operating [MicroFundy] The endgame is forced liquidation [Hussman Funds] P / C insurance industry overview and outlook [Insurance Information Institute] Twitter is becoming the first and quickest source of investment news [Guardian] Shameless plug: if you don't already, follow @MarketFolly on Twitter An economic analysis of cable TV pricing [Colorado.edu] Paying for sports programming [The Sports Economist] Here comes Amazon's (AMZN) Kindle TV set - top box [BusinessWeek] eBay (EBAY) fighting online sales tax [Dealbook] Public speaking: how to shine on the soapbox [Anthony Scaramucci] A quant finance reading list [Quantstart] For aspiring investment managers: Kaplan's Series65 exam preon Twitter An economic analysis of cable TV pricing [Colorado.edu] Paying for sports programming [The Sports Economist] Here comes Amazon's (AMZN) Kindle TV set - top box [BusinessWeek] eBay (EBAY) fighting online sales tax [Dealbook] Public speaking: how to shine on the soapbox [Anthony Scaramucci] A quant finance reading list [Quantstart] For aspiring investment managers: Kaplan's Series65 exam prfor sports programming [The Sports Economist] Here comes Amazon's (AMZN) Kindle TV set - top box [BusinessWeek] eBay (EBAY) fighting online sales tax [Dealbook] Public speaking: how to shine on the soapbox [Anthony Scaramucci] A quant finance reading list [Quantstart] For aspiring investment managers: Kaplan's Series65 exam preon the soapbox [Anthony Scaramucci] A quant finance reading list [Quantstart] For aspiring investment managers: Kaplan's Series65 exam prFor aspiring investment managers: Kaplan's Series65 exam prep.
All in all, I would say that bearishness is leaving the sector thanks to the end of U.S. tax season which forced a lot of liquidations and allowed for professionals to, rightly, keep pressure on the market and force out the weakest hands.
Although few specifics were given for such an economic plan — and no suggestions on how to bring about the «voluntary liquidation» of the old system — the magazine was clearly championing a socialist ideal.
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Pfefferberg has summoned Schindler from a love - making session to the station to search for Stern - who has been mistakenly placed on one of the slatted livestock cars bound for liquidation.
Facilities management firm Carillion is set to go into liquidation, leaving a potential strain on schools which it provides services for.
At the beginning of the year, it was announced that facilities management firm Carillion — which provides services for the education sector — was going into liquidation, raising concerns over the potential strain this could have on schools
If you happen to find yourself near one of the Borders stores being shut down, be on the lookout for fliers and posters because it appears that there will be stock liquidation sales at any number of locations as the restructuring moves forward.
The degree of risk was how much you paid for the cow relative to what you could get for the «meat on its bones» (the liquidation value).
• Chapter 7 Bankruptcy — Also known as a liquidation bankruptcy, a Chapter 7 bankruptcy will discharge most debts in a few months after filing, but the record of the bankruptcy itself usually remains active on a credit report for 10 years.
There is no need, nor reason, to waste time or shareholder resources on advisors or to delay the liquidation process in order to explore risky alternative strategies, courses certain to result in further diminution of value for all shareholders, when the majority of the stockholders of the Company appear to have already made their views perfectly clear.
The tender offer is conditioned upon, among other things, (i) the BVF Nominees being elected to Avigen's board of directors at a special meeting of stockholders called for that purpose, or otherwise appointed, and constituting a majority of directors on Avigen's board, (ii) the Avigen board redeeming the poison pill rights issued and outstanding under Avigen's Poison Pill Rights Plan, or the Purchaser being satisfied in its reasonable discretion that the Poison Pill Rights are otherwise inapplicable to this tender offer, the Purchaser or any affiliate or associate of the Purchaser and (iii) Avigen not having authorized, recommended, proposed, announced its intent to enter into or entered into an agreement with respect to or effected any merger, consolidation, liquidation, dissolution, business combination, acquisition of assets, disposition of assets, alternative strategy or relinquishment of any material contract or other right of Avigen or any comparable event or capital depleting transaction not in the ordinary course of business.
Since in this liquidation bankruptcy your creditors can stake claim on your properties, make sure that you don't have assets that are valuable enough for the creditors to file against.
For 1099 purposes, the distributions must be stock dividends, capital gain distributions, nontaxable distributions, or liquidation distributions paid on stock.
Until the developed stock markets retreat from record levels of valuation, we expect to have less portfolio exposure to equities going forward and more exposure to event driven situations such as liquidations and reorganizations that are not so dependent on the vicissitudes of the stock market for their investment return.
For example, if you look at a company like Moody's or American Express, you couldn't invest in these based on liquidation value.
Put differently, a recent IMF study suggested it could take 50 - 60 days for full liquidation of a US high yield fund, compared to the 7 day limit for redemption payments on US funds («Global Financial Stability Report», IMF, October 2014).»
Any shareholders remaining in the fund on the distribution date will automatically have their shares redeemed for cash at the net asset value as of the liquidation date.
Posted in Activist Investors, MRV Communications Inc (OTC: MRVC), Stocks, Value Investors for Change, tagged Activist investment, Liquidation Value, MRV Communications Inc (OTC: MRVC), Net Current Asset Value, Value Investors for Change on October 8, 2009 2 Comments»
Posted in Activist Investors, MRV Communications Inc (OTC: MRVC), Special Situation, Stocks, Value Investors for Change, tagged Activist investment, Liquidation Value, MRV Communications Inc (OTC: MRVC), Net Current Asset Value, Special Situation on August 25, 2009 1 Comment»
On page 30 there is a table outlining their liquidation estimates for the company.
Interested as I am in the firm as a going concern, as opposed to its liquidation value, I would likely assess the probability of a cash shortage and that would lead to an estimated cost of capital for future CF, but if I discount further the value of negative CF there's a risk of double dipping on the cash burn situation.
For each client who invests in a participating hedge fund, you can charge fees based on the Annualized Percentage of Net Liquidation Value of the current value of the client's investment in the Fund and / or the percentage of profit and loss of the client's investment in the Fund, as well as configure the fee posting frequency (monthly or quarterly).
You are right that, given the composition of the Board, it is more than likely liquidation distributions could be made this year or early next, but my guess is that they will hold on to 20 % of the cash to cover any contingencies at least for a year.
-LSB-...] on the March 31 financials we get NCAV, which is likely a good proxy for liquidation value, of $ 33.2 m (27.7 m cash +12.5 m receivables - total liabilities of 7m.
In other words don't count on that cash being returned to shareholders or even invested in passive investments (private or public equity) for the benefit of shareholders; A liquidation valuation really isn't of interest here as Glassbridge is set to be an ongoing business and I can see an operating cash bleed for 3 - 5 years depending on how long it takes the company to attract enough AUM to cover operating (read staffing) costs.
I'm assuming, of course, close to 100 % conversion because only someone on mental vacation will trade in a preferred share trading over $ 60 for its $ 50 liquidation value.
I agree that Karoo seems to be in the driving seat these days, and they seem focused on turning Sirius into a more conventional property opportunity — so an eventual sale / liquidation appears less likely now than I'd perhaps have hoped for before.
On April 28 the company announced that the record date for receiving the subscription rights would be May 6 as well as publishing updated liquidation ownership percentages (GYRO, GSD and dividend notes) for the remerged entity.
Since Emeco is at this point in time mostly a bet on liquidation value one of the most important things to track is how much money the company is receiving for the idle equipment that they are selling, and for the first time since 2009 they sold a bunch of equipment for a significant loss:
We feel more comfortable that Salvatore Muoio is keeping an eye on management's exploration of strategic alternatives and has expressed his strong preference for a liquidation.
Sears Canada spokesperson Vincent Power confirmed to MoneySense that all five stores are fully stocked for the holidays and will be offering liquidation - type sales on much of those goods in the coming weeks.
For terminal value to be anything other than liquidation value we are implicitly assuming that the competitive advantage of the business will last for ever i.e. there will never be perfect competition in this industry which brings the return on capital to the same level as cost of capitaFor terminal value to be anything other than liquidation value we are implicitly assuming that the competitive advantage of the business will last for ever i.e. there will never be perfect competition in this industry which brings the return on capital to the same level as cost of capitafor ever i.e. there will never be perfect competition in this industry which brings the return on capital to the same level as cost of capital..
Our board of directors recognized that there was a potential for creating significant value for shareholders by continuing operations, but on balance our board of directors concluded that the risks of a negative outcome, either due to failure of our research and development efforts to yield a successful outcome, or the failure to obtain necessary financing even with positive clinical trial data, and the resulting lower liquidation value in the future, outweighed the potential value to shareholders from continuing operations.