Not exact matches
This financial picture, combined
with the labour strife, has forced its
share price below 90 cents, down from $ 1.10 in January and a tiny fraction of its
value five years ago, when it traded at close to $ 20.
Currently, the company is trading at about 25 times earnings and
with a long - term earnings per
share growth rate of about 15 %, its
price - to - earnings to growth ratio — a metric used to
value fast growing companies — is about 1.4.
NRW Holdings emerged from a trading halt this morning
with its
share price nearly tripling in
value on the back of news yesterday that its joint venture
with Salini Impregilo had been named the preferred contractor for the $ 2 billion Forrestfield - Airport Rail link.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity
prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection
with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection
with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection
with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market
price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the
value of the United Technologies»
shares to be issued in connection
with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated
with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated
with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
Here's how the tax situation should work: «Let's say the
value of your company is $ 5 per
share and you've given an executive 1,000 options
with an exercise
price of $ 3,» explains Ralph Anderson, a partner at the Florham Park, N.J., office of accounting firm Richard A. Eisner & Co..
And in 2007,
with crude
prices on the rise, voracious demand for new
shares of PetroChina on the Shanghai Stock Exchange caused the Chinese oil and gas company's market
value to briefly top $ 1 trillion.
With virtually identical market capitalization (the
price it would take to buy all
shares of a company's outstanding common stock at the current market
value), what exactly is an investor in each respective firm getting for his or her money?
Notwithstanding the foregoing, Stock Appreciation Rights may be granted
with a per
Share exercise
price of less than one hundred percent (100 %) of the Fair Market
Value per
Share on the date of grant pursuant to a transaction described in, and in a manner consistent
with, Section 424 (a) of the Code.
During fiscal 2018, each non-employee director received a quarterly grant of fully - vested
shares of our common stock for service during the respective preceding quarter
with a dollar
value intended to approximate $ 125,000 based on the average recent trading
price over a period of time before the grant date.
The Compensation Committee believes that options to purchase
shares of our common stock,
with an exercise
price equal to the market
price of our common stock on the date of grant, are inherently performance - based and are a very effective tool to motivate our executives to build stockholder
value and reinforce our position as a growth company.
Shares were up more than 2 % midday Wednesday, extending gains that have been in place since the company surprised to the upside
with its Q1 earnings despite the data security headwinds that previously shaved approximately one - fifth of the
value from the
share price.
We provide information below about (1) the circumstances under which these options and stock awards vest upon termination of employment or the occurrence of certain acquisitions, and (2) the hypothetical
value each such named executive would have received, if any, upon the vesting of any of these option or stock awards as of that date under those circumstances, assuming each named executive's employment
with the Company had terminated or the acquisition had been consummated as of December 31, 2009 and based on an NYSE closing
price per
share of our common stock on that date of $ 26.99.
A 14 % drop in revenue,
with no change in margins or invested capital, would give AXP a 17 % ROIC and increase its market
value by ~ $ 18 billion, for an implied
share price of $ 78.
With its 19 % ROIC, WU should be
valued at $ 31 /
share according to Figure 1, 64 % above its current stock
price.
We provide information below about (1) the circumstances under which the vesting of these options and stock awards would accelerate upon termination of employment or the consummation of an «acquisition transaction» (as defined below) and (2) the hypothetical
value each such named executive would have received, if any, upon the vesting of any of these option or stock awards as of that date under those circumstances, assuming each named executive's employment
with the Company had terminated or the acquisition had been consummated as of December 31, 2011 and based on an NYSE closing
price per
share of our common stock of $ 27.56 on December 30, 2011, the last trading date in 2011.
Convertible preferred
shares are
shares that include a liquidation preference over common
shares (
with angel transactions, usually the original investment
price), and are convertible into residual
value common
shares.
Next we compare our
value (
price) per
share with the current trading
price per
share on the stock market.
Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, increased competition; the Company's ability to maintain, extend and expand its reputation and brand image; the Company's ability to differentiate its products from other brands; the consolidation of retail customers; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market
share, or add products; an impairment of the carrying
value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's inability to realize the anticipated benefits from the Company's cost savings initiatives; changes in relationships
with significant customers and suppliers; execution of the Company's international expansion strategy; changes in laws and regulations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; failure to successfully integrate the Company; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the nations in which the Company operates; the volatility of capital markets; increased pension, labor and people - related expenses; volatility in the market
value of all or a portion of the derivatives that the Company uses; exchange rate fluctuations; disruptions in information technology networks and systems; the Company's inability to protect intellectual property rights; impacts of natural events in the locations in which the Company or its customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's dividend payments on its Series A Preferred Stock; tax law changes or interpretations;
pricing actions; and other factors.
Subject to the provisions of our 2016 Plan, the administrator determines the other terms and conditions of stock appreciation rights, including when such rights become exercisable and whether to pay any increased appreciation in cash or
with shares of our common stock, or a combination thereof, except that the per
share exercise
price for the
shares to be issued pursuant to the exercise of a stock appreciation right will be no less than 100 % of the fair market
value per
share on the date of grant.
Given the absence of a public trading market of our common stock, and in accordance
with the American Institute of Certified Public Accountants Accounting and Valuation Guide, Valuation of Privately - Held Company Equity Securities Issued as Compensation, our board of directors exercised reasonable judgment and considered numerous and subjective factors to determine the best estimate of fair
value of our common stock, including independent third - party valuations of our common stock; the
prices at which we sold
shares of our convertible preferred stock to outside investors in arms - length transactions; the rights, preferences, and privileges of our convertible preferred stock relative to those of our common stock; our operating results, financial position, and capital resources; current business conditions and projections; the lack of marketability of our common stock; the hiring of key personnel and the experience of our management; the introduction of new products; our stage of development and material risks related to our business; the fact that the option grants involve illiquid securities in a private company; the likelihood of achieving a liquidity event, such as an initial public offering or a sale of our company given the prevailing market conditions and the nature and history of our business; industry trends and competitive environment; trends in consumer spending, including consumer confidence; and overall economic indicators, including gross domestic product, employment, inflation and interest rates, and the general economic outlook.
Each non-employee director who, as of the date of this offering, is serving on our board of directors and is expected to continue his or her service following this offering will be granted an option to purchase
shares of our Class A common stock
with a grant date fair
value of $ 50,000 (or, if such director is unaffiliated
with any significant stockholder of the Company, $ 75,000) on the date the
shares subject to this offering are
priced.
On the date the
shares subject to this offering are
priced, each non-employee director who, as of the date of this offering, is serving on our board of directors and is expected to continue his or her service following this offering will be granted (a) an option to purchase
shares of our Class A common stock
with a grant date fair
value of $ 50,000 (or, if such director is unaffiliated
with any significant stockholder of the Company, $ 75,000) and (b) to the extent such director is (i) unaffiliated
with any significant stockholder of the Company and (ii) the chairman of any committee of our board of directors, an additional option to purchase
shares of our Class A common stock
with a fair
value of $ 10,000
with respect to each such chairmanship.
Subject to the provisions of our 2010 Plan, the administrator determines the terms of stock appreciation rights, including when such rights vest and become exercisable and whether to settle such awards in cash or
with shares of our common stock, or a combination thereof, except that the per
share exercise
price for the
shares to be issued pursuant to the exercise of a stock appreciation right will be no less than 100 % of the fair market
value per
share on the date of grant.
Subject to the provisions of our 2013 Plan, the administrator determines the other terms of stock appreciation rights, including when such rights become exercisable and whether to pay any increased appreciation in cash or
with shares of our common stock, or a combination thereof, except that the per
share exercise
price for the
shares to be issued pursuant to the exercise of a stock appreciation right will be no less than 100 % of the fair market
value per
share on the date of grant.
Upon exercise of a stock appreciation right, the participant will receive payment from the Company in an amount determined by multiplying (a) the difference between (i) the fair market
value of a
share on the date of exercise and (ii) the exercise
price times (b) the number of
shares with respect to which the stock appreciation right is exercised.
Nonstatutory Stock Options, or NSOs, will provide for the right to purchase
shares of our common stock at a specified
price, which may not be less than fair market
value on the date of grant, and usually will become exercisable (at the discretion of the administrator) in one or more installments after the grant date, subject to the participant's continued employment or service
with us and / or subject to the satisfaction of corporate performance targets and individual performance targets established by the administrator.
We provide information below about (1) the circumstances under which the vesting of these options and stock awards would accelerate upon termination of employment or the consummation of an «acquisition transaction» (as defined below) and (2) the hypothetical
value each such named executive would have received, if any, upon the vesting of any of these option or stock awards as of that date under those circumstances, assuming each named executive's employment
with the Company had terminated or the acquisition had been consummated as of December 31, 2010 and based on an NYSE closing
price per
share of our common stock on that date of $ 30.99.
Authorized participants may wish to invest in the ETF
shares long - term, but usually act as market makers on the open market, using their ability to exchange creation units
with their basic securities to provide liquidity of the ETF
shares and help ensure that their intraday market
price approximates to the net asset
value of the underlying assets.
Since we are
value investors who are always interested in companies
with deflated
share prices, it is natural that clients have frequently asked if we are planning to increase the Fund's energy commitment.
RW:
With the current interest in buying electric cars, plus more wind turbines being built and growing Chinese infrastructure, does this mean the fundamentals are falling into place for rising copper
prices and copper company
share values?
I'm feeling pretty good
with it and if the overall
share price value drops by 25 % following a crash, well no big deal since most of the income stream continues and I don't have to sell anything.
At its current valuation of ~ $ 500 /
share, AZO stands out
with a
price to economic book
value ratio of only 1, which implies that the company will never grow NOPAT from its current level.
In the wake of Verizon's newly announced decision to finally scrap subsidized phones and two - year contracts, AT&T follows suit
with a new set of Mobile
Share Value plans that cuts down the
price of most plans while offering more data for some.
The all -
share deal, creating Britain's biggest money manager and Europe's second biggest
with 660 billion pounds in assets,
values Aberdeen at 286.5 pence a
share, or around 3.8 billion pounds, just above its closing
share price on Friday of 286.4 pence.
A
value stock, on the other hand, refers to
shares of a company
with solid fundamentals that are
priced below those of its peers, based on analysis of
price / earnings ratio, yield, and other factors.
The deal suggests there is
value locked up within Shire's portfolio - despite a dismal
share price performance in the past two years - as its management braces for a possible $ 50 - billion bid battle
with Japan's biggest drugmaker.
One area that remains a major concern for the central bank is the growing
share of uninsured mortgages, those
with loan to
value ratios at or below 80 per cent, which is being fuelled by higher Toronto and Vancouver home
prices and tighter qualification rules for insured mortgages.
It seems like the market has well and truly
priced in PAAS's positive outlook,
with shares trading above its fair
value.
Strategic Total Return continues to carry a duration of about 3 years in Treasury securities (meaning a 100 basis point move in interest rates would be expected to impact Fund
value by about 3 % on the basis of bond
price fluctuations),
with about 10 % of assets in precious metals
shares, and about 5 % of assets in utility
shares.
If your ETF holds the physical commodity, the
value of your ETF
shares will move
with the spot
price of the commodity, though the
price could also be affected by security issues around storing the physical commodity itself.
In our view, Moody's is a great business
with growing profits, run by a management team we've known and respected for years, and the
shares trade at a
price that is well below our estimate of intrinsic
value.
Almost $ 650 million has been blasted off the company's market
value in the past week,
with its
share price tumbling from $ 203.88 last week to $ 165.68 on Friday morning.
Morningstar has a «hold» on Coca - Cola Amatil from «reduce» previously
with a «medium» fair
value uncertainty rating and a fair
value price of $ 8.50 a
share.
CCA's
share of the bottled water market by
value has fallen from 40 per cent in 2009 to about 25 per cent, while its
share of water volumes has fallen from about 25 per cent to just 12 per cent, even though CCA has reduced
prices to better compete
with cheaper brands and private label.
He declined citing it would be a conflict of interest,
with some thinking his acquisition of
shares would be a ploy to drive up
share price and
value of the club...
I got no idea how that will effect the clubs
shares and Silent Stan likes to manipulate
share prices, he has done it
with his other clubs... Think moving that one team is on a whim or for profit reasons via assets
value?
You also have to use as a yeardstick that the
with the rise in the
share price since Kroenke took over Arsenal ten years ago has gone up in
value by 300 million Pounds....
However do agree
with Stan on one thing, there are better ways to earn Mooney then football, Stan can now sell his
shares and walk away
with 1.5 billion or more GBP he can generate 10 % return on that money which is around 150 million GBP while his not earning anything now only the
Value of the club is going up and i fear that what
with the new
prices and salaries of football players i can see a decline starting in a few years, so is he good for us in the future?
Blinkered by short - termism and obsessed
with the
value of the
Share Price.
Hundreds of millions were also wiped off the
share prices of the Big Six energy firms,
with Centrica's
value tumbling a jumbo six per cent.