Uncertainty

First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.097 Per Share for April

Retrieved on: 
Wednesday, March 20, 2024

First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.097 per share payable on April 15, 2024, to shareholders of record as of April 2, 2024.

Key Points: 
  • First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.097 per share payable on April 15, 2024, to shareholders of record as of April 2, 2024.
  • The Fund has a practice of seeking to maintain a relatively stable monthly distribution which may be changed periodically.
  • The Fund pursues these investment objectives by investing primarily in senior secured floating-rate corporate loans.
  • Under normal market conditions, the Fund will invest at least 80% of its Managed Assets in lower grade debt instruments.

NetApp Empowers Customers to Securely “Talk to Their Data” in Collaboration with NVIDIA

Retrieved on: 
Monday, March 18, 2024

NetApp® (NASDAQ: NTAP) today announced it is collaborating with NVIDIA to advance retrieval-augmented generation (RAG) for generative AI applications.

Key Points: 
  • NetApp® (NASDAQ: NTAP) today announced it is collaborating with NVIDIA to advance retrieval-augmented generation (RAG) for generative AI applications.
  • NetApp and NVIDIA have developed a simple solution with NVIDIA NeMo Retriever microservices technology for RAG that can leverage any data stored on NetApp ONTAP—on-premises and in the leading public clouds.
  • “As the leader in unstructured data management, NetApp makes data infrastructure intelligent to securely turbocharge AI innovation.
  • Together with NVIDIA, we have helped accelerate over 500 data-driven businesses to become AI-ready,” said George Kurian, CEO at NetApp.

New iPipeline Technology Enables the Financial Industry to Seamlessly Track the Status of Clients’ Annuity Applications--in Real-Time

Retrieved on: 
Monday, March 18, 2024

Once orders are submitted to a carrier, broker-dealers, financial institutions, and wealth management firms have traditionally been unable to successfully and confidently monitor their annuity orders.

Key Points: 
  • Once orders are submitted to a carrier, broker-dealers, financial institutions, and wealth management firms have traditionally been unable to successfully and confidently monitor their annuity orders.
  • Seamlessly make any necessary adjustments during every step of the process – from monitoring and notifying to updating and fixing annuity orders–with OneView tools.
  • Experience a simplified workflow that uses industry standardized status labels for improved communication and reduced uncertainty.
  • *OneView is the first to the market with a multi-carrier solution utilizing newly defined standards for carrier status which was developed by an industry status working group.

Global Patient Survey Results Reveal Significant Negative Impact on Social, Emotional and Mental Well-Being for People Living with Low-Grade Serous Ovarian Cancer

Retrieved on: 
Monday, March 18, 2024

The results reveal a significant negative impact of LGSOC on respondents’ mental and physical health, worry and anxiety about cancer recurrence, side effects from treatment, and disruption to aspects of daily life such as relationships, family, work, and finances.

Key Points: 
  • The results reveal a significant negative impact of LGSOC on respondents’ mental and physical health, worry and anxiety about cancer recurrence, side effects from treatment, and disruption to aspects of daily life such as relationships, family, work, and finances.
  • Other impacts that were noted by survey respondents include, negative effects on their mental health (73%), physical health (80%), overall quality of life (73%), finances (54%) and primary relationships (46%).
  • What is often not understood is that standard-of-care chemotherapies are minimally effective and often accompanied by severe side effects.
  • 68% of respondents reported a negative impact on their jobs or careers, with 52% missing work to manage their cancer and 23% having to cut back on necessities to afford treatment.

First Trust Energy Infrastructure Fund Issues Notice Regarding March 2024 Distribution

Retrieved on: 
Friday, March 15, 2024

A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."

Key Points: 
  • A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."
  • The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.
  • FTP is also a distributor of mutual fund shares and exchange-traded fund creation units.

Teledyne to Hold Investor Meetings

Retrieved on: 
Friday, March 15, 2024

Teledyne Technologies Incorporated (NYSE:TDY) today announced that Edwin Roks, Chief Executive Officer, and Jason VanWees, Vice Chairman, will be holding investor meetings at the Bank of America Global Industrials Conference on Tuesday, March 19.

Key Points: 
  • Teledyne Technologies Incorporated (NYSE:TDY) today announced that Edwin Roks, Chief Executive Officer, and Jason VanWees, Vice Chairman, will be holding investor meetings at the Bank of America Global Industrials Conference on Tuesday, March 19.
  • Teledyne Technologies is a leading provider of sophisticated digital imaging products and software, instrumentation, aerospace and defense electronics, and engineered systems.
  • Teledyne’s investor presentation contains forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995, with respect to management’s beliefs about the financial condition, results of operations and businesses of Teledyne in the future.
  • Forward-looking statements involve risks and uncertainties, are based on the current expectations of the management of Teledyne and are subject to uncertainty and changes in circumstances.

UNLEASH America 2024: America’s premier HR conference and expo

Retrieved on: 
Tuesday, March 19, 2024

UNLEASH America also is an exhibition marketplace for HR buyers and vendors whose tools and technologies drive positive change.

Key Points: 
  • UNLEASH America also is an exhibition marketplace for HR buyers and vendors whose tools and technologies drive positive change.
  • UNLEASH America has been the most influential HR conference and marketplace in America for more than five years, with continual growth in its number of attendees, speakers, exhibitors and sponsors.
  • UNLEASH America provides opportunities to engage with the latest trends and innovations in HR, learning and recruitment technologies.
  • Opportunities for startups include:
    The UNLEASH Startup Award, the longest-running startup competition in the world for HR, HR tech, future of work and technology startups.

Phreesia Announces Fourth Quarter Fiscal 2024 Results

Retrieved on: 
Thursday, March 14, 2024

Phreesia, Inc. (NYSE: PHR) (“Phreesia” or the "Company") announced financial results today for the fiscal fourth quarter and fiscal year ended January 31, 2024.

Key Points: 
  • Phreesia, Inc. (NYSE: PHR) (“Phreesia” or the "Company") announced financial results today for the fiscal fourth quarter and fiscal year ended January 31, 2024.
  • Fiscal Fourth Quarter Ended January 31, 2024 Highlights
    Total revenue was $95.0 million in the quarter, up 24% year-over-year.
  • Fiscal Year Ended January 31, 2024 Highlights
    Revenue was $356.3 million in fiscal year 2024, up 27% year-over-year.
  • We will hold a conference call on Thursday March 14, 2024, at 5:00 p.m. Eastern Time to review our fiscal fourth quarter and fiscal year 2024 financial results.

Best’s Market Segment Report: US Life/Annuity Insurers Stay the Course, Prepare for 2024 Uncertainty

Retrieved on: 
Thursday, March 14, 2024

However, according to AM Best’s annual Review & Preview report on the industry segment, uncertainty and volatility in financial markets, risks contained within certain asset classes and remaining legacy liabilities are lingering concerns for 2024.

Key Points: 
  • However, according to AM Best’s annual Review & Preview report on the industry segment, uncertainty and volatility in financial markets, risks contained within certain asset classes and remaining legacy liabilities are lingering concerns for 2024.
  • The Best’s Market Segment Report, titled, “US Life/Annuity Insurers Stay the Course as They Prepare for 2024 Uncertainty,” states that the rising interest rate environment has affected assets and liabilities, but the overall realized impact to balance sheets has been manageable, owing primarily to companies’ strong asset-liability management frameworks.
  • Over the near term, most insurers plan to hold assets to maturity, driving unrealized losses, but they unlikely will be forced to sell to meet liquidity needs.
  • Overall, AM Best expects expect segment challenges to remain manageable given insurers’ robust risk-adjusted capital, favorable liquidity profiles and effective ERM practices.

Altria to Significantly Enhance Cash Returns to Shareholders Through Expanded Share Repurchase Program in Connection with Pricing of Offering of Anheuser-Busch InBev Stock; Raises 2024 Full-Year Earnings Guidance

Retrieved on: 
Thursday, March 14, 2024

In connection with the pricing of the offering, we announce a $2.4 billion increase to our existing $1 billion share repurchase program.

Key Points: 
  • In connection with the pricing of the offering, we announce a $2.4 billion increase to our existing $1 billion share repurchase program.
  • Our Board of Directors (Board) has authorized the expanded program, which we expect to complete by December 31, 2024.
  • Share repurchases depend on marketplace conditions and other factors, and the program remains subject to the discretion of our Board.
  • As part of the expanded share repurchase program, we expect to enter into an estimated $2.4 billion accelerated share repurchase (ASR) program.