Obbligazioni in dollari Keep Calm And Invest Preferred Shares Usa (2 lettori)

Fabrib

Forumer storico
U.S. holiday e-commerce sales hit a new record high, up 18.8% from the 2018 period, according to Mastercard data.
E-commerce sales this year represented 14.6% of total retail between November 1 and Christmas Eve. Overall holiday retail sales (ex-autos) rose 3.4%.
Steve Sadove, senior adviser for Mastercard: "Due to a later than usual Thanksgiving holiday, we saw retailers offering omnichannel sales earlier in the season, meeting consumers’ demand for the best deals across all channels and devices."

Il consumatore USA, una garanzia.
 

Fabrib

Forumer storico
Former Ladenburg chairman files suit to stop Advisor Group merger
Phillip Frost seeks monetary damages, a halt to the merger and the cancellation of the 2018 transaction

A year after cutting ties with Ladenburg Thalmann Financial Services Inc., Dr. Phillip Frost, formerly its chairman and largest shareholder, has filed a suit against his old firm as it is poised to merge with Advisor Group.
In a lawsuit filed earlier this month, Mr. Frost and a trust he controls contend that Ladenburg’s board’s decision to enter the merger fails to take into consideration obligations owed to them as noteholders of the company, according to a filing Thursday with the Securities and Exchange Commission.
The lawsuit seeks monetary damages, a halt to the merger and the cancellation of the 2018 transaction in which Mr. Frost and his related trusts sold a substantial portion of their shares of common stock to Ladenburg, according to the filing.
A spokesman for Ladenburg released the following statement in response to the lawsuit: “We believe that Dr. Frost’s claims are without merit and we intend to defend them vigorously. Because this is an ongoing legal matter, we will not be commenting further at this time.”
A spokesman for one of Mr. Frost’s other companies did not immediately comment Friday morning.
Mr. Frost’s is not the only lawsuit challenging the merger. The company faces five other shareholder suits.
Advisor Group, which is majority-owned by private equity manager Reverence Capital Partners, announced it was buying Ladenburg in November. Each share of Ladenburg’s common stock will be converted into a cash payment of $3.50 a share. The total enterprise value of the deal is about $1.3 billion. Last December, Ladenburg said that it had repurchased close to 51 million shares from Mr. Frost. The selling price was $2.50 per share.
The combination of Adviser Group and Ladenburg Thalmann creates a giant firm with more than $450 billion in assets under management, $3 billion in annual revenues and nearly 11,500 advisers.
The separation of Mr. Frost from Ladenburg Thalmann has been far from smooth. In September 2018, the SEC charged Mr. Frost and a group of other investors with fraud for their involvement in a pump-and-dump, penny-stock scheme that allegedly generated $27 million from unlawful stock sales. Mr. Frost settled those charges at the end of last year.
By then, he had already cut most of his ties with Ladenburg. Last Christmas Eve, the broker-dealer announced that Mr. Frost had sold most of his stake back to the firm.
 

angy2008

Forumer storico
Mr. Frost è un elemento che han fatto bene a liquidare, ora gli rode che paghino le shares a 3,50 e lui non ne può più trarre profitto avendone vendute la maggior parte a sconto. Comunque se riesce a ottenere qualcosa di meglio per i bondholder meglio anche per noi.
 

wallner

Gold Standard
News dall'olio di palma. Non ricordo se qualcuno lo aveva già postato, ma comunque repetita iuvant:

R.E.A. Holdings plc (RE.)
R.E.A. Holdings plc: Further re preference dividend
28-Nov-2019 / 10:26 GMT/BST
Dissemination of a Regulatory Announcement that contains inside information
according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

------------------------------------------------------------------------------

R.E.A. Holdings plc ("REA" or the "company")



Further re preference dividend



As anticipated in the company's half yearly report published in September
2019, the half yearly payment on the preference shares that falls due on 31
December 2019 will be deferred. The half yearly payment on the preference
shares that was due on 30 June 2019 also continues to be deferred.




The group is currently reviewing the budgets for the group for 2020 and their
implications for the resumption of preference dividend payments in light of
the recent rise in CPO prices.
The conclusions regarding preference dividend
payments will be announced in the company's next trading update expected to be
released early in 2020.
 

Fabrib

Forumer storico
Just Energy (NYSE:JE) says it sold all customer contracts and natural gas in storage in the state of Georgia to Infinite Energy for ~C$4.4M (US$3.3M).
The company also closed the sale of its Irish operations to Flogas Natural Gas for ~C$1M (€700K).
JE says its cost cutting efforts have begun to yield results, with annualized cost savings initiatives announced so far in FY 2020 totaling C$60M.
Finally, the company says it remains actively engaged in its strategic review process for its core North American business.
 

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