Obbligazioni in dollari Keep Calm And Invest Preferred Shares Usa

  • Creatore Discussione Creatore Discussione Topgun1976
  • Data di Inizio Data di Inizio
Keefe, Bruyette & Woods is suing AmTrust Financial Services (AFSI.PC+3.1%), one of its underwriting clients, alleging that AmTrust's plan to delist almost $1.2B of preferred stock and notes would harm KBW's reputation and hurt individual investors, as well, the Wall Street Journal reports.
In January, AmTrust said it wants to delist all six series of its preferred stock and two series of subordinated notes from the NYSE because the costs and burdens of keeping the listings would exceed the benefits due to the small number of record holders and low daily trading volume.
Some critics of the AmTrust plan say the delisting will allow it to be less transparent about its finances. Last year, AmTrust had disclosed the the SEC was investigating its accounting practices and other matters since 2013.
 
  • Base EBITDA of $58.2 million for the third quarter increased 11% year-over-year due to the significant improvement in gross margin, partially offset by higher bad debts and an increase in administrative expenses to support the growth initiatives.
  • Gross margin increased 10% to $188.5 million from the prior year, primarily driven by improved pricing power in North America, enabled by the Company’s unique customer value enhancing product offerings coupled with loyalty rewards offered through a multi-channel approach; and margin expansion from a suite of value-added products and services, partially offset by risk management costs.
  • Embedded gross margin of $2.3 billion increased $366.9 million, or 19%, compared to the same period one year ago. The increase was primarily due to improved pricing power in North America. The embedded gross margin includes $46.0 million from Filter Group Inc. (“Filter Group”) which was acquired on October 1, 2018.
  • Base FFO decreased 15% in the quarter to $32.1 million as a result of the increase in financing costs which offset the improvements in Base EBITDA.
  • Just Energy Reports Third Quarter 2019 Results
    https://seekingalpha.com/pr/17404462-just-energy-reports-third-quarter-2019-results
 
Fabrib ha scritto:
Keefe, Bruyette & Woods is suing AmTrust Financial Services (AFSI.PC+3.1%), one of its underwriting clients, alleging that AmTrust's plan to delist almost $1.2B of preferred stock and notes would harm KBW's reputation and hurt individual investors, as well, the Wall Street Journal reports.
In January, AmTrust said it wants to delist all six series of its preferred stock and two series of subordinated notes from the NYSE because the costs and burdens of keeping the listings would exceed the benefits due to the small number of record holders and low daily trading volume.
Some critics of the AmTrust plan say the delisting will allow it to be less transparent about its finances. Last year, AmTrust had disclosed the the SEC was investigating its accounting practices and other matters since 2013.
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queste azioni legali fanno bene alle pref che finalmente hanno fatto un discreto balzo in su
 
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