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Edward Jones continues to rake in tens of millions yearly in kickbacks from its seven most well-liked funds (greater than $150 million in 2011). Convertible loan stocks are fixed return securities (usually debenture but at times preference shares) that allows their holders to convert them to the unusual shares of the corporate at a predetermined charge. The settlement would add to consolidation in the telecommunications and media industries, as TV corporations search to raised compete with cable and broadband suppliers.
Strict adherence to the conceptual principles of accounting usually leads to confusion and distortions in … Read More ...Continue reading »