91. At the same time, companies can effectively sell their stock at a higher price by issuing convertibles, which may include bonds and preferred stock. 92. Banks have been selling that stock to replenish capital depleted by bad-loan write-offs. 93. Banks sometimes sell these stocks and realize the profits to help them cover losses from bad-loan disposals. 94. Banks want to tap the customer relationships that underwriters have with high-tech and other companies and the huge fees that flow from helping companies sell their stocks. 95. Banks also need brokers to sell the stock they underwrite, which makes firms such as Paine Webber and A.G. Edwards Inc. in St. Louis likely takeover targets. 96. Banks buy or sell stocks early in the session and then reverse the trades late in the day, he said. 97. Banks, insurance companies and other corporate investors have been selling more stock than they buy to pad their bottom lines and offset bad loans. 98. Ayear later Bush sold the stock and paid off the loan. 99. Because an investor cannot sell a stock short when it is declining in price, options may be better alternatives when a stock enters a free fall. 100. Banks have been selling stock to book gains that cover write-offs of their irretrievable loans. |