I own stock in a company that is getting ready to emerge from bankruptcy, with a new stock symbol. Will my stock be converted into the new stock symbol or stay the old symbol? Will my current stock be worth the same price as newly issued common stock? What will happen to my shares?
Kaiser Aluminum and United have just exited bankruptcy. There is a lag time for distributions to the former accounts and you can find it on MarketWatch.com. Kaiser will be distributed on July 28th and then we will find out how many shares of the new company KALU are worth of our old stock KLUCQ. There should be like a 700:1 ratio or so, according to my math. No one knows until the distribution date.
What that date is for United, I don’t know. But our shares do not just disappear. They are still worth something, don’t worry. Your account will be updated on the 28th with the correct amount of shares and proper value. I just wish it were a 1:1 swap! Wouldn’t that be nice?
Best of luck to you!
The most devastating stock market crash in the history of the United States;
Its from my favorite documentary by PBS – New York.
This particular part about Wall Street crash of 1929 is from episode 5 of the series with title: Cosmopolis
there are lots of archive photos, footages and drawings throughout the series and in my opinion it was great work done with finding them.
series website:
http://www.pbs.org/wnet/newyork/series/index.html
“Archival shoots took place at various historical and cultural institutions, including the New-York Historical Society, the Museum of the City of New York, and the Library of Congress, and focused on the filming of particularly rare or large-scale archival prints, lithographs, maps, and photographs”
Duration : 0:10:5
Read the rest of this entry »
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What is a recipe that uses chicken stock, that will take advantage of the flavors of a good homemade stock?
In reading discussions of homemade vs store-bought stock, ppl say they use homemade for "delicate" soups and other recipes. For non-delicate recipes such as braises which would overpower the stock, store-bought is fine.
So what would be a good "delicate" recipe? Is butternut squash soup "delicate"?
Butternut squash soup isn’t really delicate, but would probably taste great made with homemade stock.
I’d say, make whatever you want with it, homemade will taste better than store bought and its probably better for you.
If you really want to taste the stock, make your own chicken noodle soup with big chunks of chicken, carrot, and celery and egg noodles.
Also, risotto might be a good use for the home made stuff.