BNET Business Dictionary

Business Definition for: Tracking Stock

  • a stock whose dividends are tied to the performance of a subsidiary of the corporation that owns it

Additional Resources

Alcatel to issue Optronics tracking stock.
PARIS--Alcatel shareholders voted to modify the company's bylaws to allow the issuance of Alcatel Optronics tracking stock within the overall capital structure of the company. Alcatel believes the tracking stock, to be denominated as Class O PARIS--Alcatel...
Tags: Alcatel, tracking stock
Research articles 2000-09-25
The Philadelphia Stock Exchange to begin trading options on Fidelity NASDAQ Composite Index Tracking Stock.
M2 PRESSWIRE-15 December 2003-PHLX: The Philadelphia Stock Exchange to begin trading options on Fidelity NASDAQ Composite Index Tracking StockC1994-2003 M2 COMMUNICATIONS LTD RDATE:12152003 PHILADELPHIA -- The Philadelphia Stock Exchange PHLX announced today that it will begin trading options today on the...
Tags: Fidelity Investments, FINANCE, Investment, Nasdaq Stock Market Inc., Philadelphia, stock
Research articles 2003-12-15
Sprint may drop PCS tracking stock. (News).
NEW YORK--Sprint PCS' tracking stock price spiked on Thursday following a report that parent company Sprint Corp. was looking at removing its tracking stocks to help reduce confusion among its investors. Sprint Chief Executive Officer William NEW YORK--Sprint...
Tags: PCS, Sprint Communications, Sprint PCS, tracking stock
Research articles 2002-05-13
Trading of Alcatel Optronics tracking stock commences on Nasdaq.
M2 PRESSWIRE-23 October 2000-NASDAQ: Trading of Alcatel Optronics tracking stock commences on Nasdaq C1994-2000 M2 COMMUNICATIONS LTD RDATE:20102000 Washington, DC -- The Nasdaq Stock Market announced that shares tracking Alcatel Optronics, the Paris-based division of Alcatel, began trading...
Tags: Alcatel, Nasdaq Stock Market Inc., NETWORKING
Research articles 2000-10-23
Nasdaq-100 Index Tracking Stock declares the amount of distribution.
M2 PRESSWIRE-17 June 2005-NASDAQ: Nasdaq-100 Index Tracking Stock declares the amount of distributionC1994-2005 M2 COMMUNICATIONS LTD RDATE:17062005 New York - Nasdaq Global Funds, Inc. NGF today announced that a quarterly dividend of $0.035 will be paid to the holders of record of...
Tags: FINANCE, Investment, Nasdaq Stock Market Inc., stock
Research articles 2005-06-17
NASDAQ: Nasdaq-100 Index tracking stock tops $6 bi billion in assets.
M2 PRESSWIRE-24 December 1999-NASDAQ: Nasdaq-100 Index tracking stock tops $6 billion in assets C1994-99 M2 COMMUNICATIONS LTD RDATE:231299 Washington DC -- The Nasdaq Stock Market reported today that total assets in the Nasdaq-100 Index Tracking StockSM (Amex: QQQ) rose to a ...
Tags: asset, Nasdaq Stock Market Inc., performance
Research articles 1999-12-24
Public offering of Alcatel Optronics tracking stock:16.500.000 shares offered at preliminary price range of 85 to 100 euro per share.
M2 PRESSWIRE-4 October 2000-ALCATEL: Public offering of Alcatel Optronics tracking stock:16.500.000 shares offered at preliminary price range of 85 to 100 euro per share C1994-2000 M2 COMMUNICATIONS LTD RDATE:04102000 Paris -- Alcatel announces the public offering of 16,500,000 shares ...
Tags: Optronics
Research articles 2000-10-04
A NEW TRACK: INVESTORS WANT INTERNET-ONLY TRACKING STOCK FROM MICROSOFT; VALUE WOULD BE TIED TO INTERNET STOCK CRAZE.
REDMOND, Wash. -- Institutional investors want Microsoft to create a ``tracking'' stock that would reflect only its Internet business. A Microsoft Corp. spokesman denied rumors the company plans to create such a stock, but investors say it's an at REDMOND, Wash. -- Institutional...
Tags: Internet, Microsoft Corp., stock, tracking stock, Tracking Stock
Research articles 1999-05-17
NASDAQ-AMEX: Nasdaq-100 Index Tracking Stock tops US$1 billion in assets.
M2 PRESSWIRE-16 April 1999-NASDAQ-AMEX: Nasdaq-100 Index Tracking Stock tops US$1 billion in assets C1994-99 M2 COMMUNICATIONS LTD RDATE:150499 New York, NY -- The Nasdaq-Amex Market Group today reported that Nasdaq-100 Index Tracking StockSM reached $1,214,999,037 in assets following yesterday's close. Today's...
Tags: asset, FINANCE, Nasdaq Stock Market Inc., S&P, stock
Research articles 1999-04-16
Staples.com shareholders approve tracking stock plan
WESTBOROUGH, MASS. -- Shareholders of Staples.com approved the company's plan to create a separate tracking stock to reflect the e-commerce operation. With the new stock, Staples' existing shareholders will retain a significant majority interest in the e-tailer. The tracking stock will include the company's three e-commerce sites: www.staples.com, www.quillcorp.com and...
Tags: company, e-business, shareholder, Staples Inc., tracking stock
Research articles 1999-11-22
WorldCom Reportedly Plans Consumer-Unit Tracking Stock.(Knight Ridder/Tribune Business News)
Oct. 19--WorldCom Inc. is reportedly close to announcing a tracking stock for its consumer unit as the huge Mississippi-based company struggles to revive its languishing stock. Oct. 19--WorldCom Inc. is reportedly close to announcing a tracking stock for its consumer unit as the huge...
Tags: stock, WorldCom Inc.
Research articles 2000-10-19
Excite@Home Takes Tracking-Stock Route.(plans for third quarter, 2000)(Brief Article)
Ending months of speculation over whether the company would be split in two, Excite@Home Corp. said last week that it would issue a tracking stock for its media-services unit that more accurately reflects the company's operations. Ending months of speculation over whether...
Tags: company
Research articles 1999-11-29
BIG CONTRIBUTION: Hughes tracking stock bolsters GM plan.
DETROIT -- General Motors Corp. executives have good reason to think the company's defined benefit plans will be fully funded in the future, thanks to a contribution of close to $7 billion worth of Hughes Electronics Corp. tracking stock. Accordin DETROIT -- General...
Tags: benefit, benefit plan, company, Electronic Data Systems Corp., General Motors Corp., tracking stock
Research articles 2000-02-07
Rainbow Meet Delayed, Suitor Speculation Rises.(shareholders' meeting to discuss Rainbow Media Group Inc. tracking stock)(Brief Article)
Cablevision Systems Corp.'s decision to postpone a shareholders meeting on its Rainbow Media Group tracking stock has analysts and observers speculating that a deal for the programming assets could be on the table. The MSO announced Nov. 8 th ...
Tags: Cablevision Systems Corp., company, Fox, programming, shareholder, Time Warner Inc.
Research articles 2000-11-13
August Spin-Off Will Free Liberty.(AT&T Corp's tracking stock spin off)(Brief Article)
AT&T Corp. has set Aug. 10 as the spin-off date for its Liberty Media Group Inc. tracking stock, ending Ma Bell's two-year relationship with Liberty chairman John Malone. AT&T Corp. has set Aug. 10 as the spin-off date for its Liberty Media...
Tags: AT&T Corp., tracking stock
Research articles 2001-06-25
Politics drives Excite split.(Excite@Home creates a tracking stock)(Brief Article)
Effects of Web content 'tracking' stock in open access fight are not certain They contend it's about valuation, but it's really about politics. That's the real story behind Excite@Home's plan to divide the two sides of its business by creatin ...
Tags: cable, company, stock
Research articles 1999-11-29
Cablevision Nears Rainbow Tracking Stock.(Brief Article)
NEW YORK -- Cablevision Systems Corp. vice chairman William Bell said his company could launch its Rainbow Media Holdings Inc. tracking stock as soon as August, adding that Cablevision was still trying to figure out which assets to include in the n NEW YORK...
Tags: cable, Cablevision Systems Corp., cash flow, programming, stock, tracking stock
Research articles 2000-05-22
AT&T Considers Offering New Tracking Stock to Boost Long Distance Unit.(Knight Ridder/Tribune Business News)
Jun. 30--Is there another tracking stock in AT&T's future? Jun. 30--Is there another tracking stock in AT&T's future?
Tags: AT&T Corp., stock
Research articles 2000-06-30
AT&T's Quarterly Figures May Hold Future of Wireless Tracking Stock.(Knight Ridder/Tribune Business News)
Jan. 23--Intrigued about the wireless tracking stock AT&T wants to issue? This week offers one of the last chances investors will have to kick the tires before an initial public offering this spring. Jan. 23--Intrigued about the wireless tracking stock AT&T wants to issue?...
Tags: AT&T Corp., stock, wireless
Research articles 2000-01-24
AT&T Shareholders Approve New Tracking Stock at New Jersey Meeting.(Knight Ridder/Tribune Business News)
Mar. 15--AT&T shareholders overwhelmingly approved the creation of a wireless tracking stock yesterday, but they didn't allow company chairman C. Michael Armstrong a victory lap. Mar. 15--AT&T shareholders overwhelmingly approved the creation of a wireless tracking stock yesterday, but they didn't allow company...
Tags: AT&T Corp., shareholder, wireless
Research articles 2000-03-14
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