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Monster Worldwide (Monster Worldwide) Preferred Stock : $0.0 Mil (As of Sep. 2016)


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What is Monster Worldwide Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. Monster Worldwide's preferred stock for the quarter that ended in Sep. 2016 was $0.0 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Monster Worldwide's Enterprise Value for the quarter that ended in Sep. 2016 was $411.9 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Monster Worldwide's Book Value per Share for the quarter that ended in Sep. 2016 was $1.98.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Monster Worldwide's Earnings per Share (Diluted) for the three months ended in Sep. 2016 was $-2.03.


Monster Worldwide Preferred Stock Historical Data

The historical data trend for Monster Worldwide's Preferred Stock can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Monster Worldwide Preferred Stock Chart

Monster Worldwide Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Preferred Stock
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Monster Worldwide Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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Monster Worldwide Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.


Monster Worldwide  (NYSE:MWW) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

Monster Worldwide's Enterprise Value for the quarter that ended in Sep. 2016 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

Monster Worldwide's Book Value per Share for the quarter that ended in Sep. 2016 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

Monster Worldwide's Earnings per Share (Diluted) (EPS) for the three months ended in Sep. 2016 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Monster Worldwide Preferred Stock Related Terms

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Monster Worldwide (Monster Worldwide) Business Description

Traded in Other Exchanges
N/A
Address
Monster Worldwide Inc was incorporated in Delaware on August 30, 1996. The Company together with its subsidiaries is engaged in connecting people to jobs, wherever they are. The Company offers services in approximately more than 40 countries, providing some of the sophisticated job seeking, career management, recruitment and talent management capabilities. The Company provides its services through digital, social and mobile solutions, including its flagship website monster.com and other products and services. The Company operates through two segments including Careers-North America and Careers-International. It offers placement of job advertisements on the websites within the Monster network, access to the Monster network of online resume and social profile databases, recruitment media services and other career-related services. The Company's segments provide online services to customers in diversified industries throughout North America, Europe, and the Asia-Pacific region. The Company's services and solutions include searchable job advertisements; resume database access; recruitment media solutions through advertising network and partnerships; social job distribution through Twitter and Facebook; display advertising; lead generation; social profile aggregation; and other career-related content. In addition, the Company has alliances with media and publishing companies, including approximately 1,000 newspapers in the United States, which extends its presence with local and regional job seekers. The Company's sales resources consist of field sales, telesales, a self-service e-Commerce channel, and resellers such as newspapers and recruitment advertising agencies. Its sales activities are geared toward enterprise, small and medium sized businesses ("SMBs"), staffing companies, government agencies, and advertising agencies. Its customers are comprised of enterprise organizations, small and medium-sized organizations, federal, state and local government agencies, educational institutions and individuals. The Company faces competition from a number of sources including other employment-related websites, general classified advertising websites, professional networking and social networking websites, traditional media companies, Internet portals, search engines and general-interest websites such as blogs.
Executives
Giambastiani Edmund P Jr director C/O MONSTER WORLDWIDE, INC., 622 THIRD AVENUE, NEW YORK NY 10017
Timothy T Yates director, officer: CEO and CFO ONE SYMBOL PLAZA, HOLTSVILLE NY 11742
John Gaulding director C/O MONSTER WORLDWIDE INC, 622 THIRD AVENUE, NEW YORK NY 10017
Miller Michael Connolly officer: EVP, GC and Secretary C/O BARNES & NOBLE EDUCATION, INC, 120 MOUNTAIN VIEW BLVD, BASKING RIDGE NJ 07920
Gillian Munson director C/O XO GROUP INC., 195 BROADWAY, 25TH FLOOR, NEW YORK NY 10007
Michael B Mcguinness officer: EVP, Chief Financial Officer C/O THE HAIN CELESTIAL GROUP, INC., 1111 MARCUS AVENUE, LAKE SUCCESS NY 11042
James M Langrock officer: EVP, Chief Financial Officer C/O THE HAIN CELESTIAL GROUP, INC., 1111 MARCUS AVENUE, LAKE SUCCESS NY 11042
Cynthia Mccague director PIER 1 IMPORTS, INC., 100 PIER 1 PLACE, FORT WORTH TX 76102
Robert J Chrenc director C/O SYMBOL TECHNOLOGIES INC, ONE SYMBOL PLAZA, HOLTSVILLE NY 11768
Ceree Eberly director THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313
Ronald J Kramer director C/O WYNN RESORTS LTD, 3145 LAS VEGAS BLVD SOUTH, LAS VEGAS NV 89109
Andrew J Mckelvey 10 percent owner C/O MONSTER WORLDWIDE, INC, 622 THIRD AVE, NEW YORK NY 10017
Charles Baker officer: SVP - Chief Financial Officer C/O MONSTER WORLDWIDE, INC., 622 THIRD AVENUE, NEW YORK NY 10017
Philip R Lochner director 699 LAKE AVENUE, GREENWICH CT 06830
Michael Sileck officer: Sr. VP/Chief Financial Officer C/O WORLD WRESTLING ENTERTAINMENT, INC., 1241 EAST MAIN STREET, STAMFORD CT 06902

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