New York

Dastur Awarded Prestigious USTDA Funded Project for BPCL Kochi Refinery to Evaluate Feasibility of Petcoke Gasification and Value Added Petrochemical and Clean Fuel Products

Tuesday, July 7, 2020 - 1:00pm

It envisions enabling the production of value-added petrochemical products and clean fuels like hydrogen in a cost-competitive and sustainable manner.

Key Points: 
  • It envisions enabling the production of value-added petrochemical products and clean fuels like hydrogen in a cost-competitive and sustainable manner.
  • BPCL Kochi is one of the largest refineries in India, producing over 1.2 mtpa of petcoke from its delayed coker unit.
  • This project promises to reduce emissions by turning petcoke into a feedstock for producing value-added clean energy products based on gasification.
  • Refining and petrochemical companies have the unique opportunity to engineer low-emissions clean energy systems by utilizing refinery bottoms like petcoke.

Video Experience Platform SundaySky Announces New Integration with Adobe Experience Platform

Tuesday, July 7, 2020 - 3:05pm

SundaySky , the leading platform for video-powered experiences, today announced a new integration with Adobe Experience Platform to address the growing demand for the new dynamics of digital experiences transforming consumer engagement at key moments along customer journeys.

Key Points: 
  • SundaySky , the leading platform for video-powered experiences, today announced a new integration with Adobe Experience Platform to address the growing demand for the new dynamics of digital experiences transforming consumer engagement at key moments along customer journeys.
  • SundaySky has launched a bi-directional API integration with Adobe Experience Platform, which leverages Adobes Real-Time Customer Profiles to synthesize each consumers behaviors, insights and identities into individual video experiences.
  • Adobe Experience Platform was built to help brands deliver engaging, individualized experiences that improve engagement and inspire action across their journeys.
  • Adobe is excited to collaborate with SundaySky and extend the value of Adobe into these video-powered experiences, said Ronell Hugh, head of go-to-market strategy and product marketing for Adobe Experience Platform at Adobe.

NYSE Leads in IPO Proceeds for First Half of 2020 as New SPAC Listings Surge

Tuesday, July 7, 2020 - 1:00pm

The New York Stock Exchange (NYSE), a wholly-owned subsidiary of Intercontinental Exchange (NYSE: ICE), ranked as the leader in U.S. IPO proceeds for the first half of 2020, raising $19.0 billion in new offerings, including a surge of SPAC listings that are increasingly being chosen as an alternative path to the public markets.

Key Points: 
  • The New York Stock Exchange (NYSE), a wholly-owned subsidiary of Intercontinental Exchange (NYSE: ICE), ranked as the leader in U.S. IPO proceeds for the first half of 2020, raising $19.0 billion in new offerings, including a surge of SPAC listings that are increasingly being chosen as an alternative path to the public markets.
  • Total capital raised on NYSE increased by 24% over the first half of 2019 and includes an industry-leading $19.0 billion in U.S. IPO proceeds.
  • NYSE Group is a subsidiary of Intercontinental Exchange (NYSE: ICE), a leading operator of global exchanges and clearing houses, and a provider of data and listings services.
  • NYSE Groups equity exchanges -- the New York Stock Exchange, NYSE American, NYSE Arca, NYSE Chicago and NYSE National -- trade more U.S. equity volume than any other exchange group.

NS1 Expands Executive Leadership in Finance, People, and Product

Tuesday, July 7, 2020 - 2:00pm

NS1 , the leader in modern application networking, has expanded its executive team with seasoned leaders in finance, people management, and product innovation.

Key Points: 
  • NS1 , the leader in modern application networking, has expanded its executive team with seasoned leaders in finance, people management, and product innovation.
  • These executives each possess decades of experience in their respected fields, and their leadership will be invaluable to accelerating product development initiatives, guiding our strategic growth, and enriching our culture of innovation.
  • Prior to joining NS1, Lorraine held leadership roles at Yotpo, AppNexus, BlackRock, American Express, and Citi.
  • Prior to NS1, Ramnath led product and GTM strategies while building and nurturing impactful teams at high-growth technology companies including Barracuda Networks, AlienVault/AT&T Cybersecurity, and Arctic Wolf Networks.

Tillster Now Available with PAR Technology’s Cloud-Based Brink POS® Software

Tuesday, July 7, 2020 - 12:30pm

The new partnership enables PAR customers to offer best-in-class online and mobile ordering capabilities through direct platform-to-platform integration with Tillster.

Key Points: 
  • The new partnership enables PAR customers to offer best-in-class online and mobile ordering capabilities through direct platform-to-platform integration with Tillster.
  • For restaurants using PARs Brink POS, Tillster enables digital ordering across a multitude of platforms, seamless delivery on branded and third-party sites, robust data and insights and critical digital intelligence, says Perse Faily, CEO of Tillster.
  • ParTech is proud to welcome Tillster into the Brink POS integration ecosystem, said Stephen Lee, Director of Strategic Partnerships at ParTech.
  • We look forward to working with Tillster to provide more solutions for Brink customers that help them create unforgettable guest experiences.

Bridge Launches Agency MBS Strategy

Tuesday, July 7, 2020 - 2:00pm

Bridge Investment Group (Bridge), one of the largest private equity real estate managers with over $20 billion of assets under management, announced today the launch of their Open-Ended Agency Mortgage-Backed Securities strategy via the Bridge Agency MBS Fund Manager LLC (Bridge Agency MBS).

Key Points: 
  • Bridge Investment Group (Bridge), one of the largest private equity real estate managers with over $20 billion of assets under management, announced today the launch of their Open-Ended Agency Mortgage-Backed Securities strategy via the Bridge Agency MBS Fund Manager LLC (Bridge Agency MBS).
  • Prior to joining Bridge, Mr. Chandarana managed Fannie Maes Agency MBS and Collateralized Mortgage Obligations portfolio.
  • Bridge Agency MBS invests in residential mortgage-backed securities (Agency MBS) that are guaranteed by a U.S. Government Sponsored Entity (GSE), with a proprietary strategy designed to mitigate market dislocations and preserve principal.
  • Via Bridges subsidiary Bridge Agency MBS Fund Manager LLC, Bridge has already raised capital to create a greater than $600 million diversified portfolio.

Crédit Agricole Corporate and Investment Bank Arranges the First Green ABCP Note Financing Electric Vehicles in Client Auto Retail Loan and Lease Pools

Tuesday, July 7, 2020 - 2:00pm

Crdit Agricole Corporate and Investment Bank (Credit Agricole CIB) announced today its first issuance of a green Asset-Backed Commercial Paper (ABCP) note, raising USD25 million.

Key Points: 
  • Crdit Agricole Corporate and Investment Bank (Credit Agricole CIB) announced today its first issuance of a green Asset-Backed Commercial Paper (ABCP) note, raising USD25 million.
  • Crdit Agricole CIB understands this to be the industry's first green ABCP note financing electric vehicles (EVs) in client auto loan and lease pools.
  • Further, the green ABCP assets will conform with the Crdit Agricole Corporate Social Responsibility (CSR) policy and contribute to the United Nations Sustainable Development Goals (SDGs) as outlined by the Green Bond Framework.
  • By establishing eligible green asset ABCP financing standards as an Annex within the Crdit Agricole Group Green Bond Framework (Green Bond Framework), and by working with auto finance clients to provide green collateral reporting, the ABCP programs are now able to connect green asset (ESG) investor financing with eligible green assets.

C-Tracks ETNs linked to the Miller/Howard MLP Fundamental Index, Series B (MLPE) To Pay Quarterly Coupon

Tuesday, July 7, 2020 - 12:59pm

This coupon reflects the ordinary cash distributions of the MLPs underlying the Miller/Howard MLP Fundamental IndexTM net of fees over this past quarter.

Key Points: 
  • This coupon reflects the ordinary cash distributions of the MLPs underlying the Miller/Howard MLP Fundamental IndexTM net of fees over this past quarter.
  • Based on their closing price on July 6, 2020 and the declared quarterly coupon, the annualized indicated yield of the ETN is 10.78%.
  • The annualized indicated yield is equal to the declared quarterly coupon multiplied by four, divided by the closing price of the ETN on July 6, 20201.
  • The price of the ETN may decline, resulting in a negative total return to an investor even if the ETN continues to pay a quarterly coupon.

Viamedia Expands Advertising Partnership With MetroNet

Tuesday, July 7, 2020 - 1:45pm

Viamedia , the television industrys largest independent local ad management company, today announced it has renewed and expanded its advertising sales representation with MetroNet , a cutting-edge fiber-optic communication services provider.

Key Points: 
  • Viamedia , the television industrys largest independent local ad management company, today announced it has renewed and expanded its advertising sales representation with MetroNet , a cutting-edge fiber-optic communication services provider.
  • Expanding our partnership reinforces the commitment our two organizations have to providing greater value and new opportunities to the communities MetroNet serves.
  • Headquartered in New York City with operational headquarters in Lexington, Kentucky, Viamedia provides a comprehensive audience and impression-based local video cross media advertising platform.
  • MetroNet Holdings is the parent company of MetroNet, a 100% fiber optic company headquartered in Evansville, Indiana.

Mobile Industrial Robots (MiR) Names New President

Tuesday, July 7, 2020 - 1:00pm

Mobile Industrial Robots (MiR), the world leader in autonomous mobile robots (AMRs), today announced the appointment of Sren E. Nielsen as the new president of the Denmark-based company.

Key Points: 
  • Mobile Industrial Robots (MiR), the world leader in autonomous mobile robots (AMRs), today announced the appointment of Sren E. Nielsen as the new president of the Denmark-based company.
  • As president of MiR, Sren will carry on the passion, innovation and vision that brought MiR to this point.
  • Press photos of Sren E. Nielsen, President of Mobile Industrial Robots from August 1st, 2020
    Press photos from the internal employee meeting where the message was passed on to the employees.
  • Mobile Industrial Robots (MiR) develops and markets the industrys most advanced line of collaborative and safe autonomous mobile robots (AMRs) that quickly, easily and cost-effectively manage internal logistics, freeing employees for higher-value activities.