61.   In October, the company suspended the dividend on its preferred shares and warned stockholders that it was running out of money.

62.   In each case, News Corp. is offering cash and preferred shares for the outstanding stock.

63.   Instead, Fannie Mae chose to raise money selling preferred stock, explaining that over time preferred shares are a cheaper way to finance than common stock.

64.   Issuing preferred convertible shares is a favored News Corp. technique to raise funds cheaply, analysts said.

65.   It also paid with an undisclosed number of preferred shares.

66.   Investor Robert Stovall bought convertible preferred shares of Canadian nickel producer Inco Ltd. in the fourth quarter when it was rumored to be a takeover target.

67.   It may also propose buying preferred shares and subordinated debentures issued by banks.

68.   It managed to double its net income, however, because it sold some preferred shares back to Northwest.

69.   It would also be used to buy preferred shares or subordinated debt of banks that need capital but are basically sound or too big to fail.

70.   It will offer eight HPI non-convertible preferred shares for every Marzotto preferred share.