Sentences with phrase «preferred share performance»

As a result, the Bank of Canada's current stance to leave interest rates unchanged given its concerns about the country's lacklustre economic growth could be an important catalyst for preferred share performance going forward — especially when combined with the U.S. Federal Reserve's projections for multiple rate hikes this year.

As a result, the Bank of Canada's current stance to leave interest rates unchanged given its concerns about the country's lacklustre economic growth could be an important catalyst for preferred share performance going forward — especially when combined with the U.S. Federal Reserve's projections for multiple rate hikes this year.

Not exact matches

on a pro forma basis, giving effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with a qualifying initial public offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.

The pro forma consolidated balance sheet data gives effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with this offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.

These positive earnings drivers were more than offset by the combined impact of several factors, including increased energy - related provisions for credit losses, a 17 basis point decline in net interest margin, moderate growth of non-interest expenses, the addition of acquisition - related contingent consideration fair value changes reflecting performance within CWB Maxium Financial (CWB Maxium), higher preferred share dividends, and the 20 % increase to CWB's income tax rate in Alberta.

The preferred share market has had strong performance year to date, with iShares S&P / TSX Canadian Preferred Share Index ETF (CPD) up around 6 % in share market has had strong performance year to date, with iShares S&P / TSX Canadian Preferred Share Index ETF (CPD) up around 6 % in Share Index ETF (CPD) up around 6 % in 2017.

The preferred share market has had strong performance year to date, with iShares S&P / TSX Canadian Preferred Share Index ETF (CPD) up around 6 % in share market has had strong performance year to date, with iShares S&P / TSX Canadian Preferred Share Index ETF (CPD) up around 6 % in Share Index ETF (CPD) up around 6 % in 2017.

The S&P / TSX Preferred Share Index launched on June 12, 2007 and is designed to measure the performance of Canadian preferred stock.

He prefers investing in those low - expectation firms, provided they are financially sound, because even modest improvement in their performance can push shares higher.

Some of these factors include company performance, call provisions of the specific share class, and the required credit spread of the preferred asset class above risk - free assets.

Looking at the performance of each preferred share type in 2013 using the S&P / TSX Preferred Share Index, fixed rate preferreds performed the worst and floating rate preferreds performed the share type in 2013 using the S&P / TSX Preferred Share Index, fixed rate preferreds performed the worst and floating rate preferreds performed the Share Index, fixed rate preferreds performed the worst and floating rate preferreds performed the best.

In preferred stock, dividends are usually fixed; with common shares, dividends may vary with the performance of the company.