#common stock

By Svéa Herbst-Bayliss NEW YORK (Reuters) – Elliott Investment Management now owns 10 percent of Southwest Airlines common stock, crossing the threshold that allows the hedge fund to call a special shareholder meeting of the carrier, according to a person familiar with the matter. The news comes days before the two sides are scheduled to meet on September 9 to discuss ways to resolve problems…

Why Groupon stock is down as much as 10.5% today

After the company reported earnings, management admitted that it was falling short of expectations. image from google Shares of Groupon (GRPN -9.45%), which describes itself as a trusted local marketplace, fell sharply in morning trading on Aug. 9, losing just over 10% at one point in the first few hours of the day. After recovering some of that lost ground, the stock sank again in the…

What Is The Difference Between Basic And Diluted Earnings Per Share?

Photo by Olya Kobruseva on Pexels.com An increase in the number of common shares outstanding dilutes (reduces) earnings per share. For instance, if company ABC has an outstanding issue of preferred stock that is convertible into shares of common stock at a rate of three shares of common stock for two shares of preferred stock. The conversion would increase the number of common shares…

Before and after an angel investment; stories about why angels are once bitten, twice shy

Outside of Silicon Valley it is extremely hard to raise any financing for a startup. It is not unusual to hear about a $250K – $500K round taking more than 2 or 3 months to close. If the entrepreneur is a first-time founder, without any pedigree (top tier school, well know employer) expect it to take longer. In fact according to the data shared by Mar Hershenson (slides below) angels now are not…

This is the least profitable banks by Return on Tangible Equity (RoTE): 1. Deutsche Bank $DB: -6.4% 2. Standard Chartered $SCBFF: 1.2% 3. Mizuho Financial Group $MFG: 1.2% 4. Mitsubishi UFJ Financial Group (MUFG) $MUFG: 4.8% 5. Barclays $BCS: 5.4% 6. Societe Generale $SCGLY: 5.7% 7. ICICI Bank $IBN: 5.8% 8. Credit Suisse $CS: 6.1% 9. CaixaBank $CAIXY: 6.5%

Today we are looking at the Asset Management industry majors:

1/5 - Profitability BLACKSTONE and T ROWE PRICE are the most profitable companies. BROOKFIELD ASSET MANAGEMENT and INVESTOR AB are the least profitable.

2/5 - Management Effectiveness T ROWE PRICE, AMERIPRISE and NORTHERN TRUST are the most efficient. INVESTOR AB and BROOKFIELD ASSET MANAGEMENT are the least efficient.

3/5 - Indebtedness BLACKROCK, BANK OF NEW YORK MELLON and STATE STREET are the best when it comes to pay off their interest expenses. BROOKFIELD ASSET MANAGEMENT and AMERIPRISE are the ones which have the most difficulties.

4/5 - Dividend NORTHERN TRUST is the best when it comes to pay off its expenses. BLACKSTONE and INVESTOR AB are the ones which have the most difficulties.

5/5 - Valuation AMERIPRISE, NORTHERN TRUST and FRANKLIN RESOURCES are the cheapest. BLACKSTONE and INVESTOR AB are the pricest.