Material given to stockholders when the corporation solicits shareholder votes. The proxy statement usually contains details on the corporation’s executive compensation plans.
Archives
Sweep
Movement of funds from a non interest-bearing account to an interest bearing account.
Value Investor
One who looks for out of favor (value priced) stocks.
Underlying Interest
The specific security, commodity, index or financial instrument that an option or futures contract is traded.
Public Float
The number of issued and outstanding shares of a company, excluding shares held by persons who, individually or in conjunction with other persons, hold 20% or more of the issuer’s voting securities.
Investment Bank
An organization, usually a stock brokerage firm, involved in taking a new company public (IPO), consulting on mergers and acquisitions, handling corporate borrowing, etc.
Value Stocks
Companies currently out of favor with investors. These companies usually have low valuation ratios (price/earnings less than the S&P 500, price/sales ratio less than 2, price/book ratio less than 2).
Symbol Change
A change in a listed issuer’s stock symbol, which may be required by the Exchange in the context of an issuer’s reorganization or may be made at the request of the issuer. A requested symbol is available for use if it is appropriate for the type of security and the issuer’s voting structure.
Undervalued
A stock trading below its fair value.
Push-Out
A push-out occurs during a stock split when new shares are forwarded to the registered holders of old share certificates, without the holders having to surrender the old shares. Both the old and new shares have equal value.