Northstar Realty Finance’s Series D Preferred Stock Shares Cross 9% Yield Mark
By Reuven Blau / NEW YORK DAILY NEWS Sunday, August 18, 2013, 7:08 PM Watts, Susan/New York Daily News The city finance commissioner David Frankel is slated to replace William Rapfogel. Related Stories Readers sound off on July 4th fireworks, MTA steel and Michael Jackson The city finance commissioner is leaving his post to take over the scandal-scarred Metropolitan Council on Jewish Poverty. At the end of September, David Frankel is slated to replace William Rapfogel, 58, who last week was fired from the nonprofit organization he headed for 21 years amid allegations of financial shenanigans. The Met Council did not immediately reveal what Frankels salary would be.
Global and China Automotive Finance Industry Report, 2013
This compares to an average yield of 7.26% in the Real Estate preferred stock category, according to Preferred Stock Channel . As of last close, NRF.PRD was trading at a 4.04% discount to its liquidation preference amount, versus the average discount of 4.20% in the Real Estate category. Click here to find out the 50 highest yielding preferreds, at PreferredStockChannel.com The chart below shows the one year performance of NRF.PRD shares, versus NRF: Below is a dividend history chart for NRF.PRD, showing historical dividend payments on Northstar Realty Finance Corps 8.500% Series D Cumulative Redeemable Preferred Stock:
St. Charles Parish Finance Department honored with Distinguished Budget Presentation Award
This honor has been presented to Grant Dussom, chief financial officer, and the St. Charles Parish Department of Finance. This is the third consecutive year the finance department has received this award, Dussom said. A lot of time and dedication by staff goes in to achieving something like this; its a testament to our department. For budgets including fiscal period 2012, more than 1,340 entities are expected to receive the award.
In June 2012, Daimler Financial Services Group set up Mercedes-Benz Leasing Co., Ltd. in China to carry out rental and leasing business. BMW Automotive Finance (China) Co., Ltd., established in 2010, is a joint venture of Germany’s BMW AG (58%) and BMW Brilliance Automotive Ltd. (42%). As of August 2012, BMW Automotive Finance covered 233 of the 238 sales outlets in China, and the penetration of BMW Financial soared from the earliest 10% or so to 25%.