Sentences with phrase «of public cash»

In reality, it saw expensive contractors soaking up oodles of public cash.
Cabrera has slammed Rivera for what he claims is a failure to bring capital funds for schools and playgrounds back to the district, even though state legislators don't receive the individualized disbursements of public cash (often called member items) that Council members do.
Political rivals have demanded a police inquiry into the way Henry, 25, and 22 - year - old Freddie Conway were paid more than # 80,000 of public cash for apparently doing little work.

Not exact matches

Over the past decade, public stock markets have outperformed the average venture capital fund and for 15 years, VC funds have failed to return to investors the significant amounts of cash invested, despite high - profile successes, including Google, Groupon and LinkedIn.
The prevalence of public pensions in the U.K., which require ongoing cash streams to service their obligations, has helped to create a market culture that values higher yields.
Sanofi said on Monday it would pay 45 euros per share in cash for Ablynx, a premium of 21.2 percent over its closing price on Friday - and more than double the price before Novo went public with its initial offer.
Rosalind Resnick, the founder and CEO of Axxess Business Consulting, a New York City consulting firm that advises startups and small businesses, is the co-founder and former CEO of NetCreations, a two - person homebased web design firm that grew to a $ 58 million public company and was acquired for $ 111 million in cash in 2001.
According to a Payscale report, which calculated ratios based on the cash compensation of CEOs at the 100 highest - grossing public companies in the United States in 2013, CVS CEO Larry Merlo has the highest pay compared to his employees: $ 12,112,603 — 422 times as much as the average CVS employee, who earns $ 28,700 per year.
«You would make some direct operational savings by removing the complexity of the ticketing system, where you have cash payments that slow buses down,» Peter White, Professor of Public Transport Systems at the University of Westminster, told CNBC.com.
By acquiring EMC, however, Dell has accumulated $ 46 billion in debt, and going public could help the company raise cash and pay some of the debt off, Bloomberg News speculates.
«I know a lot of people who started with the company before it was public and were able to cash out their options,» she says.
My buddy Jim Kane with Retailer Web Services recently made an interesting observation about public companies: He noted founders waste an embarrassing amount of shareholder cash trying to save or slowly wind down companies instead of shuttering operations when it's clear the odds have turned against them.
The largest portion of the cash (20 %) should be placed in Canadian public corporations or indexes, followed by 16 % in real estate or rental housing, according to the respondents.
New entrant Mobilicity is being acquired by Telus, a big chunk of wireless spectrum reserved for new players is about to be transferred from Shaw and Quebecor to Rogers, and the other small independent players — Wind and Public Mobile — are reportedly running out of cash.
Richard Laermer, author of Trendspotting: Think Forward, Get Ahead, and Cash In on the Future (Perigree) and president of RLM Public Relations Inc. in Los Angeles, points out other categories:
In today's enivronment of seemingly easy and plentiful investor cash, more companies have opted to stay private for years, rather than go public.
Sanofi said on Monday it would pay 45 euros per share in cash for Ablynx, a premium of 21.2 % over its closing price on Friday — and more than double the price before Novo went public with its initial offer.
This includes $ 24.05 per share in cash and $ 9.10 worth of a tracking stock for VMWare (VMW), an EMC - owned cloud and virtualization software company that already has around a 20 % equity «stub» trading on the public markets.
«It makes sense to spin off the mobile - phone business using a public offering that would leave SoftBank in control and provide SoftBank with more cash to pursue its strategy of investing in companies with potentially high growth prospects,» Erik Gordon, a professor at the University of Michigan's Ross School of Business.
Fundbox uses a proprietary algorithm to gauge likelihood of repayment, starting with your financial data — including accounts receivables, client financial statements, cash flow and payment history — and moving on to public data such as credit ratings, government information and social media accounts.
Not everyone has the resources of robust R&D teams and limitless cash flow from public investors.
The private market for shares prior to a public listing allows employees and founders of private companies such as Spotify to cash in on some of their paper wealth, while letting other investors get a head start on the listing.
SABMiller immediately issued its own statement saying it still didn't like the terms of the new offer, which would give its public shareholders 42.15 pounds a share in cash, a premium of 44 % over where the shares were trading before news of AB InBev's intention to bid leaked out last month.
Today, he's a successful CEO who made a boatload of cash in 2011 when his vacation rental marketplace HomeAway went public.
Companies have no way of knowing exactly how much cash they will raise in an initial public offering.
«The public funds, at least in Pennsylvania, are structured to enable the bank to make a loan that they might not be able to make without the public debt behind them by enhancing the loan - to - value, reducing the risk to [the bank], and then passing on some benefits [to the borrower] in the form of lower interest rates, which help cash - flow issues.»
The one element binding this diverse group of investors together is that they receive some type of equity or stock vehicle when they put money into a growth company; each group then has its own set of goals in regard to how much of an investment return its members hope to earn on that stock and how quickly they hope to earn it (usually when they cash out during an initial public offering or in a merger or acquisition deal).
The early investor cashed out big when the company went public in 2012 — the IPO raised $ 16 billion, making it one of the largest IPOs of all time — and turned Thiel's initial investment into over $ 1 billion.
It usually starts like this (at least this is how it started for me when I earned my scar tissue): you own or work for a startup that sells a product or service and are looking to contract out some work instead of hiring inside staff because, well, you're strapped for cash — things such as fulfillment, public relations and web design are all common applicants.
Since no one has been heard to suggest that the funds acted out of sheer public - spiritedness during the crisis, it seems safe to assume that they were buying on Monday because their managers had spotted bargains, and were selling on Thursday because of chances to cash in on profits.
Although transaction fees are dwarfed by the sums private - equity firms make from money - management fees or from selling companies through initial public offerings, they can represent a nice chunk of cash.
Van Parijs and Vanderborght trace the political roots of guaranteed basic income to England in the late 18th century, when Prime Minister William Pitt proposed to replace the country's poor law, which channeled public generosity through gruesome workhouses, with cash supplements to low - wage workers.
Amid the rise of Facebook, technology start - ups are beating a path to the public markets, looking to cash in early while investors still have Silicon Valley fever.
The Beijing - based company has in recent weeks been in talks with bankers about the feasibility of tapping the public markets for cash in the second half of 2018, as it looks to amass a large war chest to fend off rivals in China and other countries, the people said.
The filing for Mr. Cohn shows that in addition to the cash and stock he received from Goldman, he has investments in a wide range of companies, both public and private.
Uber could see Softbank lead a cash injection of up to $ 1.5 billion, as well as the purchase of 17 % of its outstanding shares, as CEO Khosrowshahi plots public listing for world's most valuable startup.
However, a budget deficit that takes the form of transfer payments to banks, as in the case of the post-September 2008 bank bailout, the Federal Reserve's $ 2 trillion in cash - for - trash financial swaps and the $ 700 billion QE2 credit creation by the Federal Reserve to lend to banks at 0.25 % interest in 2011, has a different effect from deficits that reflect social spending programs, Social Security and Medicare, public infrastructure investment or the purchase of other goods and services.
It expects to have net cash on its balance sheet after its public debut by paying some debt off and swapping most of the rest for stock.
At our request, the underwriters have reserved for sale, at the initial public offering price, up to 5.0 % of the Class A common stock offered hereby to our existing sellers and Square Cash customers.
We do not know if our sellers and Square Cash customers will choose to purchase all or any portion of these reserved shares, but any purchases they do make will reduce the number of shares available to the general public.
Incorporated in July 2002, New Constructs is an independent investment research firm, specializing in quality - of - earnings, forensic accounting and discounted cash flow valuation analyses for public companies.
Snap is going public and enjoying the benefits of an IPO (influx of cash) while giving away zero voting power to new investors.
Because the Reserve Bank is Australia's central bank and controls banknotes available to the public, ES balances are considered to be the equivalent of cash.
Turning illiquid private - company stock into cash by selling shares to the public required engaging a top investment bank, which typically wouldn't take a company public until it had had five profitable quarters of increasing revenue.
A small number of firms account for most of the market capitalization, most of the net income, most of the cash, and most of the payouts of public firms.
Part 1: Combined stock repurchases by U.S. public companies have reached record levels, a Reuters analysis finds, but as the recent history of such iconic businesses as Hewlett - Packard and IBM suggests, showering cash on shareholders may exact a long - term toll.
The next phase of public pension reform will likely be touched off by a stock market decline that creates the real possibility of at least one state fund running out of cash within a couple of years.
in the case of our directors, officers, and security holders, (i) the receipt by the locked - up party from us of shares of Class A common stock or Class B common stock upon (A) the exercise or settlement of stock options or RSUs granted under a stock incentive plan or other equity award plan described in this prospectus or (B) the exercise of warrants outstanding and which are described in this prospectus, or (ii) the transfer of shares of Class A common stock, Class B common stock, or any securities convertible into Class A common stock or Class B common stock upon a vesting or settlement event of our securities or upon the exercise of options or warrants to purchase our securities on a «cashless» or «net exercise» basis to the extent permitted by the instruments representing such options or warrants (and any transfer to us necessary to generate such amount of cash needed for the payment of taxes, including estimated taxes, due as a result of such vesting or exercise whether by means of a «net settlement» or otherwise) so long as such «cashless exercise» or «net exercise» is effected solely by the surrender of outstanding stock options or warrants (or the Class A common stock or Class B common stock issuable upon the exercise thereof) to us and our cancellation of all or a portion thereof to pay the exercise price or withholding tax and remittance obligations, provided that in the case of (i), the shares received upon such exercise or settlement are subject to the restrictions set forth above, and provided further that in the case of (ii), any filings under Section 16 (a) of the Exchange Act, or any other public filing or disclosure of such transfer by or on behalf of the locked - up party, shall clearly indicate in the footnotes thereto that such transfer of shares or securities was solely to us pursuant to the circumstances described in this bullet point;
The cash received from these repos is used to create a liquidity buffer for «after - hours» payments (those initiated through the direct entry (DE) system or NPP after 16:45 AEST / AEDT on business days, and all NPP payments on weekends and public holidays); hence, the minimum positions are set with regard to the potential size of these payments.
When investors are feeling confident about the future they tend to bid up the value of public companies due to an increased perception that the future cash generated by the company will appreciate.
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