Sentences with phrase «new shareholder funding»

This would probably require capacity expansion and new shareholder funding, but I think that would be more than offset by positive investor reaction to the news and growth prospects.

Not exact matches

Balcatta - based drilling services company Imdex has lined up a new debt funding deal after cancelling a $ 21.5 million placement just hours before today's shareholders meeting.

It had a great run, he says, despite the fact that its biggest shareholder, New York — based hedge fund Jana Partners, wants to break up the company.

In agreement with ISS are big shareholders like the New York City and State pension funds and the California Teachers» Retirement System.

He structured his new firm in a completely novel way — as a «mutual mutual fund,» or an investment company that would be owned by its member funds and operated wholly in the interest of its shareholders.

Fortune's Steve Gandel takes a look at the bruising four - month battle between the chemical giant and hedge fund Trian, saying it offers a new window into whether shareholder activism is good for corporate America, or crippling it.

LSE (ldnxf) has been looking for a new leader since former banker Xavier Rolet abruptly left in November following an ignominious public spat between activist shareholder TCI Fund Management and LSE's board.

Even worse, fund managers pursuing this strategy typically saw their new category underperform their old one, further hurting returns for shareholders.

This DealBook article about the new alliances between activist hedge funds and long - only institutional shareholders is full of enjoyable oddities; here is my favorite part:

To protect existing shareholders and to ensure orderly liquidation of the DMFs, the funds will close to purchases for new and existing shareholders 12 months prior to their maturity date.

While my personal investments should never be considered trading advice, I did place two additional purchase instructions for Strategic Growth last week due to the pullback - one on Thursday for purchase on Friday, and another on Friday for purchase on Monday (I invest regularly in the Fund, which is not dilutive since I regularly put new money to work, and I believe it is in the interest of shareholders for advisors to invest in the funds they manage.

Such risks and uncertainties include, but are not limited to: our ability to achieve our financial, strategic and operational plans or initiatives; our ability to predict and manage medical costs and price effectively and develop and maintain good relationships with physicians, hospitals and other health care providers; the impact of modifications to our operations and processes; our ability to identify potential strategic acquisitions or transactions and realize the expected benefits of such transactions, including with respect to the Merger; the substantial level of government regulation over our business and the potential effects of new laws or regulations or changes in existing laws or regulations; the outcome of litigation, regulatory audits, investigations, actions and / or guaranty fund assessments; uncertainties surrounding participation in government - sponsored programs such as Medicare; the effectiveness and security of our information technology and other business systems; unfavorable industry, economic or political conditions, including foreign currency movements; acts of war, terrorism, natural disasters or pandemics; our ability to obtain shareholder or regulatory approvals required for the Merger or the requirement to accept conditions that could reduce the anticipated benefits of the Merger as a condition to obtaining regulatory approvals; a longer time than anticipated to consummate the proposed Merger; problems regarding the successful integration of the businesses of Express Scripts and Cigna; unexpected costs regarding the proposed Merger; diversion of management's attention from ongoing business operations and opportunities during the pendency of the Merger; potential litigation associated with the proposed Merger; the ability to retain key personnel; the availability of financing, including relating to the proposed Merger; effects on the businesses as a result of uncertainty surrounding the proposed Merger; as well as more specific risks and uncertainties discussed in our most recent report on Form 10 - K and subsequent reports on Forms 10 - Q and 8 - K available on the Investor Relations section of www.cigna.com as well as on Express Scripts» most recent report on Form 10 - K and subsequent reports on Forms 10 - Q and 8 - K available on the Investor Relations section of www.express-scripts.com.

KKR hopes the change to a C - Corp, which is effective July 1, will attract new shareholders by enabling investors such as mutual funds and index trackers to buy the stock.

DALLAS --(BUSINESS WIRE)-- NexPoint Credit Strategies Fund (NYSE: NHF)(«NHF») today announced that it has set February 17, 2015 as the new record date for its special meeting of shareholders, which is scheduled for March 6, 2015, to approve a new investment advisory agreement to be entered into by NHF's subsidiary NexPoint Residential Trust, Inc. («NXRT») in connection with NHF's proposed spin - off of NXRT.

DALLAS --(BUSINESS WIRE)-- NexPoint Credit Strategies Fund (NYSE: NHF)(«NHF») announced today that its shareholders have approved a new investment advisory agreement to be entered into by NHF's subsidiary NexPoint Residential Trust, Inc. («NXRT») in connection with NHF's proposed spin - off of NXRT.

«Despite the continued support of attacks by activist hedge funds by the Chair of the SEC, and many «Chicago school» academics who continue to rely on discredited statistics, there is growing recognition by institutional investors and prominent «new school» economists of the threat to corporations and their shareholders and to the economy of these attacks -LSB-...]

As a result, the New York State Common Retirement Fund has withdrawn their shareholder proposal requesting increased reporting on climate change from this year's annual meeting ballot.

Among the topics on the agenda: the evolution of shareholder activism and research findings about activist funds» returns, the amended Shareholder Rights Directive (EU) 2017/828, litigation and its effectiveness as tool for activist investors, and what can an issuer do to adequately address activists» new shareholder activism and research findings about activist funds» returns, the amended Shareholder Rights Directive (EU) 2017/828, litigation and its effectiveness as tool for activist investors, and what can an issuer do to adequately address activists» new Shareholder Rights Directive (EU) 2017/828, litigation and its effectiveness as tool for activist investors, and what can an issuer do to adequately address activists» new challenges.

Shareholders did not back a proposal by the New York State Common Retirement fund requesting the bank to explain whether and how it has identified employees or positions «eligible to receive incentive - based compensation that is tied to metrics that could have the ability to expose Wells Fargo to possible material losses.»

The new shareholder proposal, which has been put forth by the B.C. Government and Service Employees» Union general fund, is being presented as a way to improve corporate governance and increase shareholder value.

We are also gratified to report the Fund ended the quarter at a new all - time high NAV, meaning that as of September 30, all current Select shareholders have unrealized gains in their holdings.

In addition, shareholders will be requested to approve a new share repurchase authority, to which it has allocated a total amount of PLN 250 million; the authority does not have a specified time - limit, rather, will be authorized «until such time the allocated funds are exhausted».

As a new mutual funds investor, you become a shareholder.

The closures will only impact new investors; existing shareholders of the Funds may continue to purchase additional shares.

Delaware law gives shareholders the right to inspect the books and records of a corporation for such information, and the New York State pension fund holds $ 378 million shares in the company.

(Posted 24 December 2011) Significant current scandals, and those yet to come In no particular order Top salaries and bonuses - boardroom and shareholder individual responsibility The multiple between top and average pay Lawyers fees - the cost of the legal process Medical negligence claims against the NHS Care and treatment in the NHS «No win, no fee» personal injury compensation Democracy and the voting system Lords reform Political party funding The domestic energy market and pricing The Tax system and its inefficiencies and complexities Subsidies for new energy generation schemes The amount of crime fuelled by Drugs The availability of drugs in prison.

The New York comptroller, who oversees that state's employee pension fund, is asking Aetna to publicly disclose all of its direct and indirect political spending.New York State Comptroller Thomas P. DiNapoli said Thursday he filed a shareholder resolution...

His experience as a trustee of the New York City Employee Retirement System — where he has helped to grow the city's pension funds and advance important shareholder initiatives around corporate governance, environmental stability and workplace safety — positions him to be a great comptroller.

«Shareholders have the right to know if their investment dollars are being spent on political agendas that are not in the company's best interest,» DiNapoli, who serves as trustee of the $ 209 billion New York State Common Retirement Fund, said in a statement.

New York City's pension funds have submitted about 55 shareholder proposals for 2014, withdrawing nearly half after reaching agreements with the companies, spokesman Eric Sumberg said.

To protect existing shareholders and to ensure orderly liquidation of the funds, the funds will close to purchases for new and existing shareholders 12 months prior to their maturity date.

The Fund has no sales load (a charge for purchasing the fund), no soft - dollar arrangements (where fund managers receive research, data terminals and other benefits in return for paying higher commissions to brokers), no trailing fees (where funds pay brokerages an ongoing percentage of assets in order to bring business to the fund), and no 12b - 1 marketing fees (where shareholders pay an amount over and above management and operating expenses, so that funds can advertise and attract new shareholdeFund has no sales load (a charge for purchasing the fund), no soft - dollar arrangements (where fund managers receive research, data terminals and other benefits in return for paying higher commissions to brokers), no trailing fees (where funds pay brokerages an ongoing percentage of assets in order to bring business to the fund), and no 12b - 1 marketing fees (where shareholders pay an amount over and above management and operating expenses, so that funds can advertise and attract new shareholdefund), no soft - dollar arrangements (where fund managers receive research, data terminals and other benefits in return for paying higher commissions to brokers), no trailing fees (where funds pay brokerages an ongoing percentage of assets in order to bring business to the fund), and no 12b - 1 marketing fees (where shareholders pay an amount over and above management and operating expenses, so that funds can advertise and attract new shareholdefund managers receive research, data terminals and other benefits in return for paying higher commissions to brokers), no trailing fees (where funds pay brokerages an ongoing percentage of assets in order to bring business to the fund), and no 12b - 1 marketing fees (where shareholders pay an amount over and above management and operating expenses, so that funds can advertise and attract new shareholdefund), and no 12b - 1 marketing fees (where shareholders pay an amount over and above management and operating expenses, so that funds can advertise and attract new shareholders).

The shares purchased are new shares, and when a shareholder wishes to sell shares, he sells them back to the fund itself (redeems them) rather than selling them on the open market.

The two funds were closed to new investors since 2004, though existing shareholders can still invest in both of them.

So as not to potentially dilute our existing shareholders» returns in this difficult environment, we decided this past August to «soft» close Global Value Fund II, which means that it is closed to most new investors, but remains open to existing shareholders.

We're back from the Hedge Fund Activism and Shareholder Value Summit with some great new ideas.

NEW YORK, March 23 / PRNewswire / — Biotechnology Value Fund, L.P. («BVF») today announced that PROXY Governance, widely recognized as a leading independent proxy advisory firm, has recommended that shareholders vote for all BVF Proposals on the GOLD proxy card for the special meeting of Avigen, Inc. (Nasdaq: AVGN — News) to be held on March 27, 2009.

The transition to the new benchmarks is not expected to result in material capital gains distributions to shareholders or changes to the funds» expense ratios.

Instead it was announced that the company will buy a new deep - water rig; this means that any improved cash flows from the existing platforms most likely will be used to fund the new build rather than being paid out to shareholders.

-- Argo Group's AUM has now declined by a cumulative 85 % (to $ 166 million), the $ 3.5 million Argo Local Markets Fund remains its only new fund - raising (since the credit crisis), it continues to write - off virtually all the management fees accrued & owed (now totaling $ 6.2 million) by the Argo Real Estate Opportunities Fund, and it's also tied up a majority of shareholder funds in illiquid loan & fund investmeFund remains its only new fund - raising (since the credit crisis), it continues to write - off virtually all the management fees accrued & owed (now totaling $ 6.2 million) by the Argo Real Estate Opportunities Fund, and it's also tied up a majority of shareholder funds in illiquid loan & fund investmefund - raising (since the credit crisis), it continues to write - off virtually all the management fees accrued & owed (now totaling $ 6.2 million) by the Argo Real Estate Opportunities Fund, and it's also tied up a majority of shareholder funds in illiquid loan & fund investmeFund, and it's also tied up a majority of shareholder funds in illiquid loan & fund investmefund investments.

Along with the added costs involved in the form of management fees, the main detractor of pooled fund investments is that capital gains are spread evenly among all investors, sometimes at the expense of new shareholders.

Effective January 4, 2016, Royce Premier Fund (RYPRX) and Royce Special Equity Fund (RYSEX) will reopen to new shareholders.

However, shareholders are cautioned that it is possible that some securities mentioned in this discussion may no longer be owned by the Funds subsequent to the end of the fiscal period and that the Funds may have made significant new purchases that are not yet required to be disclosed.

The New Ireland Fund, Inc has implemented a Managed Distribution Policy to provide shareholders with a stable quarterly distribution out of current income, supplemented by realized capital gains and, to the extent necessary, paid - in capital.

The changes were announced as part of the fund's annual shareholder meeting in New York City.

If we hope to see the present value gap eliminated, and Argo's intrinsic value increased, we need to see: i) a significant level of (new) fund - raising, ii) a return of surplus capital to shareholders (via a value - enhancing share tender / buyback), or iii)(ideally) both!

When companies have to continually fund some / all of their dividend payments from existing shareholder capital, loans & new stock issuance, rather than cash earnings, how would you describe it?!]

If a company has too much spare cash, it may consider investing the surplus funds in new ventures and in case company is out of investment options it may be prudent to return the excess funds to shareholders in the form of increased dividend payments.

«The lender would receive not a direct claim on that homeowner, but a participation in the Treasury's «PAR fund» which would pay out proportionately from all PAR proceeds received by the Treasury (technically, new shares in the PAR fund would be assigned based on a ratio reflecting the extent to which existing shareholders have already been paid off, so earlier shareholders don't receive more than they have coming to them).

Financial covenants often limit the borrower's purchase of new assets, changes in control, the use of the borrowed funds, and the payment of dividends (so that shareholders can not vote to pay themselves huge dividends, leaving nothing for the creditors).