The company offered more than $19 billion of the mandatory convertible preferred last week in two equal parts at $50 a share.

Company remains sharply focused on its ongoing global development program for crofelemer for rare intestinal failure ...

The 1940 Act requires the fund to maintain sufficient assets to cover debt plus preferred shares by at least 200%. In addition, the issuance of preferred stocks is only possible if they receive an AAA ...

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (“KKR”) (NYSE: KKR) today announced that it has priced its previously announced offering of $2.25 billion (45,000,000 shares) of its 6.25% Series D Mandatory ...

On 3/14/25, Hecla Mining Co's $3.50 Series B Cumulative Convertible Preferred Stock (Symbol: HL.PRB) will trade ex-dividend, for its quarterly dividend of $0.875, payable on 4/1/25. As a percentage of ...

Knoll, Inc. (KNL) today announced that an independently managed subsidiary of Investindustrial VII L.P. has agreed to purchase $164.0 million in newly issued convertible preferred stock of Knoll. “We ...

DarioHealth, a digital chronic condition management platform, closed a $25.6 million private placement of convertible preferred stock, with most of the funds secured from existing shareholders. The ...

Learn what a conversion premium is, how it works in convertible securities, and its impact on investment strategies and ...

BILLERICA, Mass.--(BUSINESS WIRE)--Bruker Corporation (“Bruker”) (Nasdaq: BRKR) today announced it has commenced a public offering, subject to market and other conditions, of $600.0 million of ...

Here's a look at preferred stock and when it may be a good fit for your portfolio: ...

Preferred stock is a type of equity that also serves as a fixed-income instrument. Preferred stock is a little-known type of ...