Headline News: Preferred Stocks

• Emmis Communications Further Extends Preferred Stock Exchange Offer and Adjourns Special Shareholder Meeting
  Nasdaq:EMMS - News) Emmis Communications Corporation, an Indiana corporation today announced that it is further extending its offer to issue 12% PIK Senior Subordinated Notes due 2017 in exchange for Emmis' 6.25% Series A Cumulative Convertible Preferred Stock at a rate of $30.00 principal amount of New Notes for each $50.00 of liquidation preference of Preferred Stock until 5:00 p.m., New York ...
  
• $300 Million of Preferred Stock Issued by Farm Credit Bank of Texas
  AUSTIN, Texas--(BUSINESS WIRE)--Farm Credit Bank of Texas (FCBT), a cooperatively owned wholesale funding bank, issued $300 million of perpetual non-cumulative preferred stock on Aug. 26, following strong mid-year financial results and two favorable ratings reports. “Farm Credit Bank of Texas is extremely pleased to have completed this transaction in the midst of a challenging market environment ...
  
• Bovespa Stock Index Gains on Petrobras Share Sale Plan, U.S. Jobs Report
  Brazil’s Bovespa stock index gained after Petroleo Brasileiro SA said it plans to sell as much as 55 billion reais ($32 billion) of new stock to minority shareholders.
  
• First Industrial Realty Trust Declares Preferred Stock Dividends
  First Industrial Realty Trust, Inc. , a leading provider of industrial real estate supply chain solutions, today announced that its board of directors declared a dividend of $0.45313 per depositary share on its 7.25% Series J Cumulative Redeemable Preferred Stock for the quarter ending September 30, 2010 payable on September 30, 2010 to stockholders of record on September 15, 2010. Â
  
• American Physicians Service Group, Inc. Announces Early Redemption of All Preferred Stock
  AUSTIN, TX--(Marketwire - September 3, 2010) - American Physicians Service Group, Inc. ("APS") ( NASDAQ : AMPH ) today announced that its Board of Directors had authorized the early redemption of all of APS' 3% Series A redeemable preferred stock, valued at approximately $6 million, and payment of accrued dividends on the preferred stock through the redemption date.
  
• Farm Credit Bank of Texas Issues $300 Million of Preferred Stock
  The Austin-based Farm Credit Bank of Texas, a $14.2 billion wholesale funding bank, issued $300 million of perpetual non-cumulative preferred stock on Aug. 26. This followed favorable ratings by Fitch and Moody's in July and strong mid-year earnings results.
  
• Petrobras to sell $65 billion stock in record offer
  Brazilian state oil company Petrobras on Friday filed to sell up to $64.5 billion of new stock -- the largest in capital markets history -- sending its stock sharply higher after months of uncertainty that dragged on its share price.
  
• Brazil oil firm Petrobras plans $65 billion stock sale
  Brazilian state oil company Petrobras will sell up to $64.5 billion in new stock -- one of the largest in capital markets history -- to raise funds for the world's biggest oil exploration investment plan.
  
• Petrobras sells 64 bln dlrs of stock to fund oil exploration
  Brazil's Petrobras unveiled one of the world's biggest share offerings Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into a leading oil exporter of the 21st century.
  
• Petrobras to sell $65 bln stock in record offer
  Petrobras to sell $65 bln stock in record offer