by Krisan Marotta | May 31, 2016 | Cost Basis
On May 18, 2016, Charter Communications, Inc. (CHTR) merged with Time Warner Cable Inc (TWR). If you have clients that held CHTR prior to the merger you need to handle this stock split a little differently. What happened For each share held of TWC prior to the...
by Krisan Marotta | Oct 15, 2015 | Performance
Q. I want to use the PortfolioCenter Transaction Writer and the stock merger/exchange wizard to enter a stock merger. What is the “share exchange ratio” and how do I find it? A. The share exchange ratio is the number of shares the investor receives of the...
by Krisan Marotta | Apr 4, 2014 | Performance
On April 3 2014, your Google shares became Class A shares and you received a stock dividend of new class C shares. Great news for investors, crazy news for PortfolioCenter users. The problem for PortfolioCenter is the new shares are trading under the historic symbol...
by Krisan Marotta | Oct 16, 2012 | Performance
Handling stock splits in PortfolioCenter is usually seamless — that is, you can usually post the downloaded transaction “as is.” But sometimes split transactions require manual intervention. Here’s what to check: Trade Date: Make sure the...
by Krisan Marotta | Sep 15, 2011 | Performance
A corporate action is an event such as an exchange, merger, stock split or spin-off that affects the securities of a public traded company. Frequently corporate actions result in fractional shares which are converted to cash. This conversion generates a transaction...
