Uncertainty

First Trust Enhanced Equity Income Fund Issues Notice Regarding March 2024 Distribution

Retrieved on: 
Thursday, March 28, 2024

(2) The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital.

Key Points: 
  • (2) The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital.
  • A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."
  • The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.

CNR, France's Top Renewable Energy Producer, Selects Cosmo Tech for Asset Investment Planning Simulation

Retrieved on: 
Wednesday, March 27, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240328075015/en/
    The aim of bringing Cosmo Tech on board for CNR is to assist its teams in predicting how their decisions in asset renewal and maintenance will affect overall performance.
  • This helps optimize investments and improve the operational efficiency of CNR's hydroelectric and solar power plants, dams, and locks in France's Rhône Valley.
  • "Our choice of Cosmo Tech's AI Simulation capabilities marks a significant advancement towards supporting our 2030 strategy.
  • This partnership not only highlights the potential of AI Simulation in managing complex systems but also cements Cosmo Tech’s commitment to aiding sustainable transition in industry.”

First Trust Advisors L.P. Announces Distribution for First Trust Enhanced Short Maturity ETF

Retrieved on: 
Wednesday, March 27, 2024

First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.

Key Points: 
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.
  • FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.
  • FTA is the supervisor of the First Trust unit investment trusts, while FTP is the sponsor.
  • First Trust Advisors L.P. (FTA) is the adviser to the First Trust fund(s).

Verint Announces Q4 FYE 2024 Results

Retrieved on: 
Wednesday, March 27, 2024

Verint® (Nasdaq: VRNT), The Customer Engagement Company™, today announced results for the three months and year ended January 31, 2024 (FYE 2024).

Key Points: 
  • Verint® (Nasdaq: VRNT), The Customer Engagement Company™, today announced results for the three months and year ended January 31, 2024 (FYE 2024).
  • For the year ended January 31, 2024, diluted EPS was $0.28 on a GAAP basis and $2.73 on a non-GAAP basis.
  • Our outlook reflects the divestiture of a managed service offering on January 31, 2024 that generated $25 million in FYE 24 revenue.
  • ET to discuss our results for the three months and year ended January 31, 2024 and outlook.

Russell Investments’ Strategists: Soft-landing Still at Risk

Retrieved on: 
Tuesday, March 26, 2024

Russell Investments’ strategists believe soft-landing optimism can deliver more near-term market gains but the risks of a sharper economic slowdown later in the year are elevated.

Key Points: 
  • Russell Investments’ strategists believe soft-landing optimism can deliver more near-term market gains but the risks of a sharper economic slowdown later in the year are elevated.
  • In addition, default rates on credit cards and auto loans are above pre-pandemic levels.
  • In the corporate sector, high-yield default rates are picking up and commercial real estate delinquencies continue to rise.
  • Russell Investments’ key asset-class views at the beginning of Q2 2024 include the following:
    The equity market outlook is constrained by expensive valuation multiples, optimistic industry consensus earnings growth expectations, and overbought sentiment.

OKI Issues Technical Journal Focusing on "OKI’s Exponential Technologies towards the Future"

Retrieved on: 
Monday, March 25, 2024

OKI (TOKYO:6703) today published the English-language version of issue 242 of OKI Technical Review (*1), OKI’s technical journal.

Key Points: 
  • OKI (TOKYO:6703) today published the English-language version of issue 242 of OKI Technical Review (*1), OKI’s technical journal.
  • This issue’s special feature is "OKI’s Exponential Technologies towards the Future".
  • It describes technologies intended to advance the Edge Platform, the main concept of OKI’s technology strategy for the years up to 2031 which was announced in November 2023.
  • The contents of this journal are as follows:
    Technical journal published twice yearly to showcase the OKI Group technical development achievements and present the latest products in clear, easy-to-understand language

Credo to Participate in CEO Panel at Optica Executive Forum at OFC 2024

Retrieved on: 
Thursday, March 21, 2024

Credo Technology Group Holding Ltd (“Credo”) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power efficiency, today announced that Credo President and CEO, Bill Brennan, will participate in the CEO Panel session at the upcoming Optica Executive Forum taking place during the 2024 Optical Fiber Conference.

Key Points: 
  • Credo Technology Group Holding Ltd (“Credo”) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power efficiency, today announced that Credo President and CEO, Bill Brennan, will participate in the CEO Panel session at the upcoming Optica Executive Forum taking place during the 2024 Optical Fiber Conference.
  • View the full release here: https://www.businesswire.com/news/home/20240321974811/en/
    Credo to Participate in CEO Panel at Optica Executive Forum at OFC 2024 (Photo: Business Wire)
    Panel Description: The CEO Panel explores firsthand the diverse perspectives of these accomplished CEOs from public companies in the optical communication market as they discuss how they’ve navigated their organizations through change and uncertainty.
  • To view the full suite of Optica Executive Forum sessions and speakers please visit Optica.org .
  • Forum attendees are encouraged to visit Credo at booth 3601 to learn more about Credo technology.

According to Green Street's Local Data Company, Retail Market Activity Spikes Amid Economic Challenges

Retrieved on: 
Thursday, March 21, 2024

The latest report by the Local Data Company and Green Street, covering key developments across the entire GB retail and leisure market over 2023, shows a spike in numbers of both closures and openings, representing significant churn.

Key Points: 
  • The latest report by the Local Data Company and Green Street, covering key developments across the entire GB retail and leisure market over 2023, shows a spike in numbers of both closures and openings, representing significant churn.
  • View the full release here: https://www.businesswire.com/news/home/20240321897891/en/
    Local Data Company 2023 Retail and Leisure Trends Analysis (Graphic: Green Street & Local Data Company)
    Rises in interest rates and operational costs compounded the challenges for GB retailers, leading to a year-on-year increase in closures of 14% between 2022 and 2023.
  • Despite the economic headwinds seen over 2023, the latest data indicates a notable level of resilience across GB retail and leisure.
  • Green Street and LDC anticipate that flexibility and careful strategy will enable agile retailers and developers to navigate any upcoming challenges and identify opportunities.

CampusESP Announces Customer 400: Santa Clara University

Retrieved on: 
Friday, March 22, 2024

So we’re excited to have achieved another milestone and to be welcoming Santa Clara University (SCU) as CampusESP Customer 400!

Key Points: 
  • So we’re excited to have achieved another milestone and to be welcoming Santa Clara University (SCU) as CampusESP Customer 400!
  • A private Jesuit school in Silicon Valley, Santa Clara has long believed in the power of community but is just starting their parent and family engagement journey.
  • CampusESP arrived on campus at Santa Clara not long after Steven Ponce did.
  • “We’re so excited to welcome Santa Clara University as Customer 400” said Dave Becker, CEO and co-founder of CampusESP.

Palladius Capital Management: The Austin-San Antonio Corridor to Become Next Megalopolis

Retrieved on: 
Wednesday, March 20, 2024

During a period of prolonged uncertainty in the commercial real estate market that has forced many investment managers to the sidelines, Austin-based Palladius Capital Management (“Palladius”) has been actively acquiring assets and originating debt along the I-35 Austin-San Antonio (“ASA”) Corridor.

Key Points: 
  • During a period of prolonged uncertainty in the commercial real estate market that has forced many investment managers to the sidelines, Austin-based Palladius Capital Management (“Palladius”) has been actively acquiring assets and originating debt along the I-35 Austin-San Antonio (“ASA”) Corridor.
  • We recognized these parallels early on in the ASA Corridor and anticipate the metro will become America’s next megalopolis.
  • “We want to take advantage of discounted investment opportunities before that capital moves off the sidelines and once again runs pricing up.
  • The expanding population has led to a jump in enrollment at universities like Texas State, where Palladius acquired multiple student housing communities.