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That's not income; it's a reduction in equity.
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Inverse VIX ETNs: These issues are for sophisticated investors who are predicting a reduction in equity-market fluctuations.
Enron also announced a reduction in shareholder equity of more than a billion dollars.
Meanwhile, real consumption grew by 4.4% despite a reduction in mortgage equity withdrawals.
Worse, Mr Lay slipped in the news that Enron had taken a $1.2 billion reduction in equity capital, stemming from a hedging deal with a related private-equity fund.
Shareholders will vote on the plan as well as a reduction in Alfa's equity capital at a meeting on Feb. 4.
The Harvard fund's annual report refers to a reduction in the internal equity management team and to deeper partnerships with outside managers.
The magnitude of this effect ranges from βSDS = −0.112 in the basic model to βSDS = −0.135 in the final model, thus indicating that firms with most forthcoming strategy disclosure behavior may benefit from a reduction in cost of equity capital compared to less talkative firms.
A 10-point reduction in equity exposure usually reduces investor anxiety long enough for the stock market to recover.
The disagreement between DVI and its auditor seems a bit bizarre given that DVI admits that even if it changed its accounting treatment for its transactions with the Corpus Christi facility, it would result in a reduction in DVI's shareholders' equity of only approximately $1.8 million.
The payment will be accounted for in 2000 as a reduction in America West's shareholders equity.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com