Students' perceptions of the actual learning environment (as opposed to their preferred
environment) resulted in a higher scale mean in the hybrid course (m=4.
During a Department of Finance--Tax Executives Institute (TEI) Liaison Meeting, the merits of eliminating the Term Preferred
Share (TPS) and related rules (such as the guaranteed preference and collateral preference rules) from the Income Tax Act (the "Act") were discussed.
involving securities similar to trust-preferred
securities (referred to as monthly income preferred
For one, preferred
stockholders don't enjoy the voting rights that common shareholders do.
Under these rules, any transfer after December 17, 1987, of common stock expected to appreciate more rapidly than the preferred
stock retained by the transferor was taxes in the transferor's estate, if the transferor still held the preferred
stock or other retained interest at the time of his or her death.
BAC Capital Trust XIII has issued $700 million of floating rate Preferred
HITS, which will pay an initial quarterly coupon of LIBOR + 40 basis points.
In order to eliminate tax deferral on receipt of certain preferred
stock received in connection with specified corporate transactions, the Taxpayer Relief Act of 1997 amended a number of provisions of the Internal Revenue Code.
Here we address certain earnings-per-share questions related to convertible preferred
stock held by an ESOP.
However, any excess cash flow generated will likely go to reducing the preferred
stock obligation, which Fitch views as a formidable challenge given RCCC's high leverage.
The exchange offer for the shares of Series 2 Preferred
described in this release has not commenced and is subject to completion of tender offer documents.
25 per share was declared on the outstanding 4% Non-Cumulative Preferred
stock, payable on April 3, 2007, to shareholders of record at the close of business on March 12, 2007.
25 Convertible Exchangeable Class C Preferred
Stock, Series 2 (the "Series 2 Preferred
") that Jayhawk will either exchange or tender 180,450 shares of the Series 2 Preferred
owned by Jayhawk for 1,335,330 shares of LSB common stock, based on 7.