The Roshe Run has been transformed into the Roshe One. The Roshe One features customization options, thanks to Nikeid, and technological updates, including Nike Flywire. These updates, along with the change of title, suggest that there will be a line of Roshe's to look forward to in the future.
Preferred stock that allows the holder to convert the preferred shares into a fixed number of common shares, usually any time after a predetermined date. Also known as convertible preferred shares.
Common stock refers to the shares in a company that are owned by people who have a right to receive part of the company's profits after the holders of preferred stock have been paid. The company priced its offering of 2.7 million shares of common stock at 20 cents a share. The banking concern said that under the plan, shareholders will exchange their common stock for an equal number of shares in the new holding company.