NEW YORK -- Fitch Ratings affirms the rating on the following Preferred and Corporate Income Strategies Fund, Inc. preferred shares at 'AAA': -- Auction market preferred stocks 2,730 shares series M7; -- Auction market preferred stocks 2,730 shares series T7. The affirmation is based on the fund's...
Business Editors BOSTON--BUSINESS WIRE--April 12, 2001 Eaton Vance Senior Income Trust, a non-diversified, closed-end investment company listed on the New York Stock Exchange under the symbol EVF, filed a registration statement with the Securities and Exchange Commission SEC today to register Auction Preferred Shares. If the offering is...
PURCHASE, N.Y.--BUSINESS WIRE--Feb. 8, 1996--IVF America, Inc. (Nasdaq:IVFA, IVFAP) today announced it has been notified by Nasdaq that IVF America's preferred stock does not currently meet the minimum requirement of 400 preferred stockholders for listing on the Nasdaq National Market System NMS, and, accordingly, the preferred stock will no longer...
NEW YORK--BUSINESS WIRE--Nov. 18, 1997--The Chase Manhattan Corp. today declared a quarterly dividend on the outstanding shares of each of the corporation's preferred stock issues:-Adjustable Rate Cumulative Preferred Stock Series L--$1.39650 per share-Adjustable Rate Cumulative Preferred Stock Series N--$0.35328125 per share- 10.96% Preferred Stock -- $0.6850 per share - 10.84%...
FORT WORTH, Texas -- RANGE RESOURCES CORPORATION (NYSE:RRC) today announced that, prior to year-end, it had reached an agreement with the holder of its 5.9% Convertible Preferred Stock to convert the preferred stock into common stock. Under the agreement, the $50 million of preferred stock was converted into 5.9 million...
NEW YORK -- Real Estate Income Fund Inc., listed on the New York Stock Exchange under the symbol "RIT," announced today that it has filed an initial registration statement with the Securities and Exchange Commission to register additional shares of its Taxable Auction Rate Preferred Stock, Series M (liquidation preference...
NEW YORK -- In accordance with the terms of the 7.875% Series A Cumulative Redeemable Preferred Stock ("Series A Preferred Stock") of Annaly Capital Management, Inc. ("Annaly"), the Board of Directors of Annaly has declared a Series A Preferred Stock cash dividend for the fourth quarter of $0.492188 per share...
NEW YORK--BUSINESS WIRE--May 27, 1998--The Chase Manhattan Corp. announced today that it will redeem its 7-1/2% Cumulative Preferred Stock New York Stock Exchange Series K, and all outstanding Depositary Shares, each representing one-quarter of one share of the 7-1/2% Preferred Stock, on June 30, 1998. The redemption...
BUFFALO GROVE, Ill. -- Akorn, Inc. (AMEX:AKN) today announced the conversion of all 241,122 shares of outstanding Series A 6.0% Participating Convertible Preferred Stock ("Series A Preferred Stock") into 36,796,755 shares of Akorn's common stock. No shares of Series A Preferred Stock remain outstanding. This conversion is automatic and does...
Don Dion submits: As the equity market seesaws—sometimes indiscriminately— about its axis, investors have turned toward dividend investing. With the prospect of current market volatility continuing into the future, many fund investors are seeking recognizable names whose dividends look remarkable, though perhaps unsustainable, in light of current economic...
RESTON, Va. -- Nextel Communications, Inc. (NASDAQ:NXTL) announced that it has commenced a consent solicitation with respect to its outstanding Zero Coupon Convertible Preferred Stock Due 2013 Preferred Stock. In order to incent the conversion of the Preferred Stock into class A common stock of Nextel, consents are being solicited...
NEW YORK -- In accordance with the terms of the 7.875% Series A Cumulative Redeemable Preferred Stock ("Series A Preferred Stock") of Annaly Capital Management, Inc. ("Annaly"), (NYSE: NLY) the Board of Directors of Annaly has declared a Series A Preferred Stock cash dividend for the first quarter of $0.492188...
NEW YORK -- In accordance with the terms of the 7.875% Series A Cumulative Redeemable Preferred Stock ("Series A Preferred Stock") of Annaly Capital Management, Inc. ("Annaly"), the Board of Directors of Annaly has declared a Series A Preferred Stock cash dividend for the second quarter of $0.492188 per share...
NEW YORK -- In accordance with the terms of the 7.875% Series A Cumulative Redeemable Preferred Stock ("Series A Preferred Stock") of Annaly Capital Management, Inc. ("Annaly"), the Board of Directors of Annaly has declared a Series A Preferred Stock cash dividend for the third quarter of $0.492188 per share...
NEW YORK -- In accordance with the terms of the 7.875% Series A Cumulative Redeemable Preferred Stock ("Series A Preferred Stock") of Annaly Capital Management, Inc. ("Annaly"), the Board of Directors of Annaly has declared a Series A Preferred Stock cash dividend for the third quarter of $0.492188 per share...
CAMBRIDGE, Mass.--BW HealthWire--Feb. 5, 1999--Alkermes, Inc. (NASDAQ:ALKS) today announced that the Company's Board of Directors has declared a quarterly dividend in the amount of $0.8125 per share on its $3.25 Convertible Exchangeable Preferred Stock (the "Preferred Stock") in accordance with the terms thereof. The Company issued 2,300,000 shares of the...
CLEARWATER, Fla. -- Bidville, Inc. (OTCBB:BVLE), a rapidly growing online auction company and an alternative to eBay (Nasdaq:EBAY), announced today that it has completed a $2.5 Million financing at a price approximately 50% above the market price of its common stock on the closing date. The financing will be obtained...
DURHAM, N.C.--BUSINESS WIRE--Dec. 19, 1994--SkyBox International Inc. (NASDAQ:SKYB) said today it had redeemed $4 million of its Series A Cumulative Voting Preferred Stock from Brooke Group Ltd. (NYSE:BGL) and subsidiaries. After the redemption of the Preferred Stock, Brooke's and Bennett S. LeBow's combined Common and Preferred Stock...
Business Editors NEW YORK--BUSINESS WIRE--Nov. 18, 2003 J.P. Morgan Chase & Co. (NYSE:JPM) declared a quarterly dividend on the outstanding shares of each of the following preferred stock issues: -- Adjustable Rate Cumulative Preferred Stock, Series A - $1.25 per share -- Adjustable...
