Latest Preferred stock Stories

WORCESTER, Mass. and TORONTO, June 17, 2013 /PRNewswire/ -- Generex Biotechnology Corporation (www.generex.com) (OTCBB:GNBT) today announced that it entered into a securities purchase agreement with certain institutional investors on June 17, 2013. The investors have agreed to purchase in a private placement an aggregate of 1,225 shares of the Company's newly designated non-voting Series E 9% Convertible Preferred Stock ("convertible preferred stock") and warrants to purchase up to...

BOGOTA, Colombia, June 14, 2013 /PRNewswire/ -- Ecopetrol S.A. (NYSE: EC; BVC: ECOPETROL; TSX: ECP) announces that the amendment to its bylaws approved by its General Shareholders' Meeting on was formalized in Public Deed No 666 with Notary 65 of the of the Bogota Circuit and filed to give effect and formalize the changes to its bylaws on form 01731747. This amendment gave the Board of Directors the power to authorize the issuance and placement of non-convertible bonds and other debt...

Company Also Closes $500,000 Convertible Debenture SOUTH EASTON, Mass., June 14, 2013 /PRNewswire/ -- Pressure BioSciences, Inc. (OTCQB: PBIO) ("PBI" or the "Company") today announced that it has closed the third and final tranche of its Series J Private Placement of Convertible Preferred Stock and Warrants (the "Series J Private Placement"). Combined with two earlier tranche closings ($1,702,800 on February 6 and $156,900 on March 28, 2013), the Company has now closed a total of...

ProTek Shareholders updates DALLAS, June 14, 2013 /PRNewswire/ -- Artfest International, Inc., and ProTek Capital, Inc. (OTC Pink: PRPM) ("the Company") announces today that the management of both companies reached a definitive agreement on the structure and share exchange. ProTek Capital Inc., will acquire Artfest International by paying a dividend to all Artfest shareholders with ProTek shares on a one to one exchange. In addition, ProTek agreed to issue a special series of...

NORTHFIELD, Ill., June 12, 2013 /PRNewswire/ -- Stepan Company (NYSE: SCL) (the "Company") today announced that it will give notice on or about June 12, 2013, that it will redeem on August 9, 2013 (the "Redemption Date"), the remaining outstanding shares of its 5 1/2% Convertible Preferred Stock, no par value (the "Preferred Stock"). The redemption price is $25.00 per share. Since the original issuance of the Preferred Stock in 1992, holders of a majority of the shares have elected...

OKLAHOMA CITY, June 12, 2013 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) today announced that its Board of Directors has declared a $3.00 per share semi-annual dividend on its shares of 6.0% Convertible Perpetual Preferred Stock that will be paid in cash on July 15, 2013 to holders of record on July 1, 2013. The company has 2,000,000 shares of 6.0% Convertible Perpetual Preferred Stock outstanding. (Logo: http://photos.prnewswire.com/prnh/20120416/DA88110LOGO) About...

BIRMINGHAM, Ala., June 12, 2013 /PRNewswire/ -- HealthSouth Corporation (NYSE:HLS) today announced that its board of directors has declared a regular quarterly dividend of $16.25 per share on its 6.5% Series A Convertible Perpetual Preferred Stock, payable on July 15, 2013, to holders of record on July 1, 2013. About HealthSouthHealthSouth is the nation's largest owner and operator of inpatient rehabilitation hospitals in terms of patients treated and discharged,...

MOUNTAIN VIEW, Calif., June 11, 2013 /PRNewswire/ -- IRIDEX Corporation (Nasdaq: IRIX) today announced that it has converted all outstanding shares of its Series A Preferred Stock into 1,000,000 shares of its common stock. The Series A Preferred shares were issued to BlueLine Capital Partners LP (BlueLine) as part of a private placement agreement that occurred in 2007. The Certificate of Designation provides that the Series A Preferred shares will automatically convert into...

ATLANTA, June 7, 2013 /PRNewswire/ -- AdCare Health Systems, Inc. (NYSE MKT: ADK) (NYSE MKT: ADK.PRA) (the "Company"), a leading long-term care provider, today announced that its Board of Directors has declared a quarterly cash dividend payment on the Company's 10.875% Series A Cumulative Redeemable Preferred Stock ("Series A Preferred Stock"). The dividend on the Series A Preferred Stock will be payable on July 1, 2013 to holders of record at the close of business on June 20, 2013....

PITTSBURGH, June 7, 2013 /PRNewswire-USNewswire/ -- The Board of Directors of Duquesne Light Company has approved the declaration of the following preferred stock dividends, payable July 1, 2013, to all holders of record at the close of business on June 14, 2013. Class of Stock Amount Per Share -------------- ---------------- 3.75% Preferred $0.46875 4.10% Preferred $0.5125 4.15%...