preferred-share

The signing of the preferred-share agreement came the same month as the failure of Lehman Brothers in the U.S., which sent global financial markets into a tailspin.

Olympus Defends Deals; Chairman Resigns Phred Dvorak 2011

Its underlying investments represented a "well-hedged and consistent portfolio," he said, and the preferred-share structure brought "even more protection" from volatility.

Highflier Tells Clients to Wait Steve Eder 2011

GE shares have slid 37% since the preferred-share purchases were announced in 2008.

Buffett Bets $5 Billion on BofA Dan Fitzpatrick 2011

The signing of the preferred-share agreement came the same month as the failure of Lehman Brothers in the U.S., which sent global financial markets into a tailspin.

Olympus Defends Payments to U.K. Firm Phred Dvorak 2011

Raymond James, was lead manager of a preferred-share offering for Saul Centers in March 2008.

Saul Centers CEO Buying Shares Again 2010

Cropper expects British banks to pay by issuing preference shares that don't carry voting rights but may pay a dividend -- this is close to the preferred-share model at work in the U.S. today.

Get Briefed: Robert Diamond Jr. 2010

Appaloosa participated in a common-stock offering and preferred-share swap by Bank of America, according to a person familiar with the situation.

Banks' Telethon Is Nearly Over 2009

At least the Treasury insisted on a preferred-share stake in both cases, though bank management and directors suffered few consequences.

The 'Guarantee' Morgue 2009

As well as making two preferred-share injections totaling $45 billion, the government has agreed to take a large share of losses on $306 billion of problem assets.

U.S. Government Needs Map for Lost Citi 2009

Earnings were hit by the repricing of a January preferred-share offering, which will leave the government owning up to 36% of the bank and causing an overall loss of 18 cents a share.

Citi Swings to a Profit, But Defaults Rack Units 2009