What Is a Subscription Right?

A subscription right is a right that is given to shareholders of a company to subscribe to new shares of the company, usually at a discount to the market price. This right is typically given to shareholders when the company is raising new capital. Can rights issue be sold? Yes, rights issue can be sold, … Read more

Long-Legged Doji Definition.

A long-legged doji is a type of candlestick pattern that can signal a potential reversal in the markets. It is formed when the open and close prices are roughly equal, but the candlestick has long wicks (upper and lower shadows) that extend out from the body. This indicates that there was significant price action during … Read more

Behind Plan Sponsors.

A plan sponsor is the legal entity that establishes and maintains a retirement plan. The plan sponsor is typically the employer in the case of a workplace retirement plan, but can also be an employee organization, such as a union. The plan sponsor is responsible for ensuring that the plan complies with applicable laws and … Read more

What Is a Controlling Interest?

A controlling interest is defined as the ownership of more than 50% of the voting shares of a company. A shareholder with a controlling interest has the ability to elect a majority of the board of directors and, as a result, exert significant influence over the company’s operations and strategy. There are a number of … Read more