By forcing the carriers to pool their operations and offer a common price for the full journey, such incentives disappear, and the ticket costs less as a result.
All of a sudden people will say, wait a minute, if Ican get the same product or service at a common currency price and it's better, why stay with the home country bank?
If the common closes on the conversion date at the recent price, the common buyer's total return would be 9%, while the convert buyer would have 10.8%.
Most convertible securities allow the buyer to convert into common stock at a fixed conversion price set at a modest premium to wherever the common is trading at the time the convertible security is issued.
The new offering also includes warrants to allow the new investors to purchase common stock at a price of 1 cent per share.
But although firms can now measure this sort of thing in a more sophisticated way, basic rules of thumb are still the most common way of setting price.
While the common stock would fall in price, the preferred stock would offset that and add additional value.
Price cuts are common in the gaming industry to woo buyers, but the move can backfire by trimming revenue.
The Partnership will grant the underwriters a 30-day option to purchase up to an additional 2, 025, 000 common units at the IPO price, less underwriting discounts.
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That act ended price supports for common crops such as corn and wheat, encouraging farmers to switch instead to more unusual plantings in response to market demand.
The new investors may buy convertible preferred securities, that is, bond-like equity with an option to change to a set number of common shares at an established price and at an exercise date in the future.
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Their most common objection is that share-price bubbles or exchange-rate misalignments are difficult to identify.
That's a 19.8% premium on the closing price Friday of IBP common stock.
That recommendation worked well, even though the price of their underlying common never rose high enough to make converting practical.
Seadrill Partners has granted the underwriters a 30-day over-allotment option to purchase up to 1, 312, 500 additional common units, at the same price per unit, to cover over-allotments, if any.
They determined that any service, whether it's booking a trip or sending a package, shares 85 common characteristics, including availability, price, reservation style and the ability to change or cancel a deal.
We also saw it when Democrats and Republicans in the House came together to pass a bill that will force insurance companies to abide by common-sense rules that prevent price-fixing and other practices that drive up health care costs.
To be sure, southern European countries are running huge trade deficits with the northern tier (especially Germany), but as long as all are tied together by the common currency, internal cost and price adjustments (deflation in the south, inflation in the north) will be slow and painful, and will do little to spark growth for Europe as a whole.
In these deals, Ribotsky invested cash in thinly traded public companies, in return for securities convertible into discounted common shares, often causing the stock price to tumble.
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The Great Depression dealt a near-fatal blow to such common-sense thinking about prices and the price level.
It may be shaping a cup-with-handle base, one of the most common patterns in winning stocks prior to big price moves.
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Ironically, Europe's much-criticised Common Agricultural Policy has been moving away from price and production-based subsidies towards direct payments to farmers that have far less impact on trade.
In addition, the underwriters will have a 30-day option to purchase from Silver Bay up to an additional 1, 987, 500 shares of common stock, at the initial public offering price.
The stock was automatically exchanged for 14 million common shares when it did not reach the specified price range by August 1994.
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The table lists companies whose total price (debt plus market value of common) is less than the estimated discounted value of reserves.
Minnesota health care providers collaborated on the HealthScores Web site, which allows price comparisons between 110 providers for 103 common medical procedures.
The underwriters will be granted an option to purchase up to 2, 475, 000 additional shares of common stock from CyrusOne at the initial public offering price, less underwriting discounts and commissions.
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The wild price movements mentioned above are part of a common dynamic in commodity markets, particularly crude oil and its derivatives.
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But they are keeping a close eye on what you might call the total price -- debt plus market cap of common.
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