Chicago

Cboe Global Markets Reports Results for Third Quarter 2023

Retrieved on: 
Friday, November 3, 2023

CHICAGO, Nov. 3, 2023 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE) today reported financial results for the third quarter of 2023.

Key Points: 
  • Cboe's Options exchanges had total market share of 33.6 percent for the third quarter of 2023 compared to 33.8 percent in the third quarter of 2022.
  • For the third quarter of 2023, Cboe European Equities had 23.2 percent market share, down from 24.6 percent in the third quarter of 2022.
  • (1)The Digital and Corporate segments are not further discussed as results were not material during the third quarter of 2023.
  • Executives of Cboe Global Markets will host a conference call to review its third-quarter financial results today, November 3, 2023, at 8:30 a.m. ET/7:30 a.m. CT.

Mesirow Wealth Management Hires Kevin Crouch as Part of Ongoing Multi-Faceted Growth Strategy

Retrieved on: 
Wednesday, November 1, 2023

Firm hires Kevin Crouch as Wealth Advisor, joining Rosenblum | Korach Wealth Management team

Key Points: 
  • Firm hires Kevin Crouch as Wealth Advisor, joining Rosenblum | Korach Wealth Management team
    CHICAGO, Nov. 1, 2023 /PRNewswire/ -- Mesirow, an independent, employee-owned financial services firm, today announced that Kevin Crouch has joined Mesirow as a Wealth Advisor, joining the Rosenblum | Korach Wealth Management team.
  • Kevin will focus on providing comprehensive wealth planning and constructing investment strategies tailored to fit the needs of high net worth individuals and families.
  • Attracting top Wealth Advisor talent is an integral part of our growth strategy, along with ongoing organic growth and continued momentum through potential acquisitions in the wealth management space."
  • I am excited to be joining Mesirow Wealth Management and look forward to contributing to the ongoing growth of the firm's founding capability," said Kevin Crouch .

New Options Medical Weight Loss Clinics Opening in Winter 2023

Retrieved on: 
Tuesday, October 31, 2023

CHICAGO, Oct. 31, 2023 /PRNewswire-PRWeb/ -- Options Medical Weight Loss, a leading provider of personalized and effective weight loss solutions, is proud to announce the opening of its newest clinics in Arlington Heights, IL, Carmel, IN, Grove City, OH, and Rochester Hills, MI. The teams at these state-of-the-art facilities will offer customized medical weight loss programs that are designed by board-certified obesity medicine doctors to provide long-term weight loss solutions through comprehensive support and wellness initiatives.

Key Points: 
  • Illinois, Indiana, Michigan and Ohio will have new Options Medical Weight Loss clinics opening before the end of 2023.
  • All Options Medical Weight Loss treatment plans are designed by board-certified obesity medicine doctors to provide long-term weight loss solutions through comprehensive support and wellness initiatives.
  • CHICAGO, Oct. 31, 2023 /PRNewswire-PRWeb/ -- Options Medical Weight Loss, a leading provider of personalized and effective weight loss solutions, is proud to announce the opening of its newest clinics in Arlington Heights, IL , Carmel, IN , Grove City, OH , and Rochester Hills, MI .
  • Options Medical Weight Loss has built a reputation for its innovative approach to non-surgical weight loss.

Merlyn.AI Corporation Announces ETFs Liquidation, De-listing

Retrieved on: 
Thursday, October 26, 2023

Any shareholders still holding shares of the funds at liquidation will receive a cash distribution equal to the net asset value (NAV) of their shares.

Key Points: 
  • Any shareholders still holding shares of the funds at liquidation will receive a cash distribution equal to the net asset value (NAV) of their shares.
  • WIZ will cease trading on the NASDAQ Stock Market LLC ("NASDAQ"), DUDE will cease trading on the Cboe BZX Exchange, INC. ("Cboe").
  • The funds will be closed to purchase by investors as of the close of regular trading on November 10, 2023 (the "Closing Date").
  • As calculated on the Liquidation Date, the Funds' net asset value will reflect the costs of closing the Funds.

Cboe Global Markets Announces Increase in Share Repurchase Authorization; Declares Fourth-Quarter 2023 Dividend

Retrieved on: 
Thursday, October 26, 2023

CHICAGO, Oct. 26, 2023 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today announced its Board of Directors has authorized the company to repurchase up to an additional $250 million of its outstanding common stock and declared a quarterly cash dividend of $0.55 per share of common stock for the fourth quarter of 2023.

Key Points: 
  • CHICAGO, Oct. 26, 2023 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today announced its Board of Directors has authorized the company to repurchase up to an additional $250 million of its outstanding common stock and declared a quarterly cash dividend of $0.55 per share of common stock for the fourth quarter of 2023.
  • The fourth-quarter 2023 dividend is payable on December 15, 2023 to stockholders of record as of November 30, 2023.
  • As of June 30, 2023, the company had approximately $139.8 million of availability remaining under its existing share repurchase authorizations.
  • "Today's share repurchase authorization and dividend announcement underscores Cboe's commitment to creating long-term shareholder value through a variety of attractive capital allocation strategies," said Fred Tomczyk, Chief Executive Officer of Cboe Global Markets.

First Trust Expands Target Outcome® Lineup with Launch of BUFZ, a Laddered Portfolio of Moderate Buffer ETFs

Retrieved on: 
Thursday, October 26, 2023

BUFZ is designed to provide equity investors with an ongoing risk management strategy by investing substantially all of its assets in a portfolio of FT Cboe Vest U.S. Equity Moderate Buffer ETFs (“Underlying ETFs” or “Target Outcome® Buffer ETFs”).

Key Points: 
  • BUFZ is designed to provide equity investors with an ongoing risk management strategy by investing substantially all of its assets in a portfolio of FT Cboe Vest U.S. Equity Moderate Buffer ETFs (“Underlying ETFs” or “Target Outcome® Buffer ETFs”).
  • The buffer is only provided by the Underlying ETFs and the fund itself does not provide any stated buffer against losses.
  • The Underlying ETFs held by the fund each have a Target Outcome Period that resets annually at different rolling intervals, creating a diversified or “laddered” Target Outcome strategy.
  • The relevant Underlying ETF’s cap is reset at prevailing market conditions at the onset of each new Target Outcome Period.

Churchill Downs Incorporated Reports 2023 Third Quarter Results

Retrieved on: 
Wednesday, October 25, 2023

The Company repurchased $37.3 million of its common stock in the third quarter of 2023 and had approximately $232.9 million of repurchase authority remaining under the Company's share repurchase program as of September 30, 2023, based on trade date.

Key Points: 
  • The Company repurchased $37.3 million of its common stock in the third quarter of 2023 and had approximately $232.9 million of repurchase authority remaining under the Company's share repurchase program as of September 30, 2023, based on trade date.
  • The Company's third quarter of 2023 net income was $61.0 million compared to $57.0 million in the prior year quarter.
  • The following impacted the comparability of the Company's third quarter net income:
    $0.9 million after-tax net increase in other nonrecurring expenses.
  • Arlington's results and exit costs in 2022 and 2023 are treated as an adjustment to EBITDA.

Poll: Americans Grow Less Enthusiastic about Active U.S. Engagement Abroad

Retrieved on: 
Thursday, October 19, 2023

The survey finds evidence that U.S. involvement in the war between Russia and Ukraine has played a role in American attitudes on foreign policy.

Key Points: 
  • The survey finds evidence that U.S. involvement in the war between Russia and Ukraine has played a role in American attitudes on foreign policy.
  • Public support has dampened for defending U.S. allies and maintaining U.S. military bases abroad and continuing financial and military assistance to Kyiv .
  • Republican leadership’s embrace of “America-First” foreign policy also seems to have influenced GOP supporters’ ideas of how active the United States should be on the global stage.
  • For the first time in the history of Chicago Council polling conducted since 1974, a narrow majority of Republicans (53%) say the United States should stay out of world affairs rather than taking an active part (47%).

Purpose Investments Launches Momentum-Based ETF on Cboe Canada

Retrieved on: 
Thursday, October 19, 2023

Cboe Canada , the new business name of the NEO Exchange, is proud to welcome back return-issuer Purpose Investments Inc. for the launch of the Purpose Tactical Thematic Fund.

Key Points: 
  • Cboe Canada , the new business name of the NEO Exchange, is proud to welcome back return-issuer Purpose Investments Inc. for the launch of the Purpose Tactical Thematic Fund.
  • The innovative equity fund uses a momentum rules-based strategy to buy and sell diversified investments and is now trading on Cboe Canada under the symbol RTT .
  • With our rules-based process, we believe we have created a safer way to gain exposure to this exciting part of the market.”
    The Purpose Tactical Thematic Fund joins 11 Purpose funds already trading on Cboe Canada.
  • In Canada, Cboe consistently facilitates more than 20% of all volume traded in Canadian ETFs and over 15% of all volume traded in Canadian-listed companies.

Databento Launches the Industry's First US Equities Bundle with Zero License Fees

Retrieved on: 
Wednesday, October 18, 2023

SALT LAKE CITY, Oct. 18, 2023 /PRNewswire/ -- Databento is pleased to announce the launch of its first US equities bundle, Databento Equities Basic.

Key Points: 
  • SALT LAKE CITY, Oct. 18, 2023 /PRNewswire/ -- Databento is pleased to announce the launch of its first US equities bundle, Databento Equities Basic.
  • Databento Equities Basic is the first of several US equities bundles the company plans to release in the coming months.
  • "We're excited to launch the first equities bundle of its kind in the industry," said Christina Qi, CEO at Databento.
  • "This is the industry's first multi-venue prop feed consolidation that has zero distribution and non-display fees, filling a significant gap in the market for real-time US equities data.