All humans may be linked to one another by only six degrees of separation, but until recently, eight layers of management separated McDonald’s Corporation(NYSE:MCD)field consultants from CEO Steve Easterbrook. As The Wall Street Journal reported last week, McDonald’s will soon initiate a fresh round of corporate layoffs that will further flatten its operating structure, removing two....More>>>
Wanted: $6 million in missing gaming chips. Last seen: The lavish Wynn casino in Macau.
Police are hunting for millions of dollars in casino chips after they were stolen — allegedly by one of Wynn’s own croupiers — raising security concerns in the world’s biggest gambling hub.
The heist happened Tuesday at the Wynn Macau (WYNMF), one of the marquee destinations....More>>>
Raleigh, NC, based Investment company Shah Capital Management buys Cameco Corp, JA Solar Holdings Co Ltd, VimpelCom Ltd, ReneSola Ltd, UTStarcom Holdings Corp, sells Mobile TeleSystems PJSC during the 3-months ended 2016-12-31, according to the most recent filings of the investment company, Shah Capital Management. As of 2016-12-31, Shah Capital Management owns 17 stocks with a total value of $183....More>>>
The new issue
The total gross proceeds from the new issue are $55M. You can find some relevant information about the new preferred stock in the table below.
Source: Author’s spreadsheet
Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) 8.20% Series A Cumulative Preferred Stock (NYSE:CHMI-A) pays fixed dividend at a rate of 8.20%. The new preferred stock carries....More>>>