Floating between a rock and a hard place

Article Abstract:

The effectivity of the floating convertible preferred stock as a financial management technique works only if a company has optimistic outlooks on the performance of its stocks in the exchange. Some of the potential pitfalls in the use of the floating convertible preferred stocks include the provisions of discounts on the conversion process as well as the short-selling activities that accompany such conversions, both of which can weaken an already plummeting stock.

Financial Management, Methods, Evaluation, Capital formation, Convertible preferred stocks

---

Looking donation gift horses in the mouth

Article Abstract:

New Jersey's Rutgers University was criticized after failing to respond to a proposed $4 million donation by an alumnus and as a result, the money was given to another institution. Rutgers University blamed and fired Roger Abrams, the dean of the law school, after he failed to inform senior administrators and treasurers about the negotiations for the donation. The incident emphasized the importance of communication to effective fund- raising.

Financial Management NEC, Donations, Gifts, Rutgers University, Charitable contributions, Charitable donations, Yudowitz, Bernard

---

Not standing PATS

Article Abstract:

Nabisco senior vice president and treasurer made use of passage asset trust security or (PATS), a new type of security, in order to meet the company's short-term financing needs. The $200 million deal was underwritten by the union Bank of Switzerland's US subsidiary, UBS Securities. The arrangement would enable Nabisco to save some $2.4 million in interest over the course of two years by paying costly commercial paper debt.

Trusts, Cookies & Crackers, Cookie and Cracker Manufacturing, Cookies and crackers, Funds, Trusts, and Other Financial Vehicles, Finance, Capital market, Capital markets, Snack foods, Trusts (Law), Biscuits, Nabisco Biscuit Co., Short-term financing, Short term financing

Similar abstracts:

• Abstracts: Automating the process only makes things easier in the long run. Study sales process before automating
• Abstracts: Fertility management in dryland conservation cropping systems of the Pacific Northwest. Low-input, on-farm composting of high C:N ratio residues
• Abstracts: Towards ERM2: managing the relationship between the euro and the other currencies of the European Union. The globalization of financial markets/challenges to monetary policy
• Abstracts: Guidance on assessing control - the CoCo principles. Throwing away the mould
• Abstracts: An endogenous growth model with endogenous money supply. Integration of post-Keynesian growth models. Enterprise performance and macroeconomic control

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.