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Posts Tagged ‘shares’

National Bank of Canada announces Expiry of Offers to Purchase Preferred Shares

National Bank of Canada announces Expiry of Offers to Purchase Preferred Shares
MONTREAL, QUEBEC–(Marketwire – April 26, 2011) – National Bank of Canada (the “Bank”) (TSX:NA) announced today the expiry of the Bank’s offers to purchase (the “Offers”) all of the issued and outstanding Non-Cumulative 5-Year Rate Reset First Preferred Shares Series 21 (the “Preferred Shares Series 21″), all of the issued and outstanding Non-Cumulative 5-Year Rate Reset First Preferred Shares …

Via:Read more on Marketwire


What are my journal entries for Issuing shares of common stock and receiving money as net proceed from issue?

Here is the example. I am putting together a balance sheet and this is the information given: Dec 31, 2011

Issued $15000 shares of $1Par stock upon incorporation. Received $290,000 as net proceeds from the stock issue. Dividends of $3000 were declared last month and will be paid Feb 2012.


Why would a company want to sell shares on the stock market?

I don’t understand this. Why would the guy who founds a company float it on the stock market? Surely if he was the sole owner then he would keep all the profits, but when you list on stock market the shareholders own it? Or does the original owner still make a fortune?
That’s what i have nevr understood, why the likes of dell, and mocrosoft which are making billions in profit would want to list on the stock market.

Is it because the original owners (michael dell, and bill gates) still own 51% so 51% of profits go to them?


What happens to your shares of stock when a company is bought out?

If you own stock in a company and that company is sold to another company, what happens to your equity? Does it still exist? Or is it also sold along with the rest of the major holdings?


Local shares close higher

Local shares close higher
MANILA, Philippines – Local shares  closed higher on Friday, with gains on Wall Street and the American depositary receipts of PLDT Thursday in New York bolstering investor sentiment, traders said. The bellwether Philippine Stock Exchange index (PSEi) rose 0.4 percentat 4,251.64, but was just up 0.3 percent from the previous week.

Via:Read more on Manila Bulletin


Afghan president: West shares in Kabul Bank fiasco

Afghan president: West shares in Kabul Bank fiasco
(AP:KABUL, Afghanistan) Afghanistan’s president says he is working to reform the beleaguered Kabul Bank but that foreign advisers share a large part of the blame for mismanagement at the nation’s largest private lender.

Via:Read more on INO News


How do I report a Resticted Stock Sale paid in net shares on the Schedule D?

I haven’t gotten a clear answer on this:

I need to report a Restricted Stock sale where my employer withheld shares of the sale to cover the taxes. Do I report numbers based on the total shares sold, just the shares I received after my company withheld the shares to pay the taxes, or something else?


Would you advise a new investor to buy shares in this corportation?

I am doing a ISU on PepsiCo, Inc. and it gave me a list of ratios and now these questions following:
Common Shareholder:
A common shareholder would be interested in the results of the corportation so that he/she could assess the value of the investment. Would it be wise to hold on to the stock, purchase additional shares, or sell the stock. Would you advise a new investor to buy shares in this corporation?


Irish bank shares volatile after stress tests

Irish bank shares volatile after stress tests
Ireland’s remaining publicly listed banks are trading in an extremely volatile fashion after bank stress tests results showed that the sector needs an additional euro24 billion in cash as well as a radical overhaul.

Via:Read more on AP via Yahoo! Finance


How do shares in the stock market work?

Ok so i understand the whole process of buying shares on the stock market, what i want to know is how do they determine how much you get back. Is each share worth a certain amount?