Hedge

Palo Alto Networks, Inc. Announces Proposed $1.75 Billion Offering of Convertible Senior Notes Due 2025

Wednesday, June 3, 2020 - 12:13pm

Palo Alto Networks also expects to grant the initial purchasers of the notes a 30-day option to purchase up to an additional $250million aggregate principal amount of the notes, to cover over-allotments, if any.

Key Points: 
  • Palo Alto Networks also expects to grant the initial purchasers of the notes a 30-day option to purchase up to an additional $250million aggregate principal amount of the notes, to cover over-allotments, if any.
  • The notes will be unsecured, senior obligations of Palo Alto Networks, and interest will be payable semi-annually in arrears.
  • Final terms of the notes, including the interest rate, initial conversion rate and other terms, will be determined by negotiations between Palo Alto Networks and the initial purchasers of the notes.
  • If the initial purchasers exercise their over-allotment option to purchase additional notes, Palo Alto Networks intends to enter into additional convertible note hedge transactions and additional warrant transactions with the hedge counterparties.

AllianzIM Introduces Next-Generation Risk Management Offering With Launch of Buffered Outcome ETFs

Monday, June 1, 2020 - 1:00pm

AllianzIM Buffered Outcome ETFs are designed to expand the risk management solutions available to investors as prevailing market dynamics and declining appetite for risk create new challenges.

Key Points: 
  • AllianzIM Buffered Outcome ETFs are designed to expand the risk management solutions available to investors as prevailing market dynamics and declining appetite for risk create new challenges.
  • AllianzIM Buffered Outcome ETFs will leverage AllianzIMs core strengths, which include risk management experience and in-house hedging capabilities, managing over $145 billion in hedged assets and serving as a bridge between insurance and capital markets.
  • AllianzIM is uniquely equipped to manage outcome-based ETFs and help investors address their risk management needs.
  • AllianzIMs Buffered Outcome ETFs are offered at an expense ratio of 74 basis points, with portfolio management conducted in-house by AllianzIM.

InventHelp Inventor Develops Hedge Trimmer Attachment for Keeping Hedges Straight along the Top (CBA-3744)

Thursday, May 21, 2020 - 5:00pm

She developed STRAIGHT HEDGE GUIDE to increase the functionality of hedge trimmers by allowing them to glide along the top of the hedges in a straight line.

Key Points: 
  • She developed STRAIGHT HEDGE GUIDE to increase the functionality of hedge trimmers by allowing them to glide along the top of the hedges in a straight line.
  • As such, it helps keep hedges looking attractive and even along the top.
  • This convenient, effective tool modification is also easy to attach, use and remove and comes at an affordable price.
  • "While doing yard work, I always had trouble getting the hedges straight," she said.

Purpose Investments Inc. Announces May Distributions

Wednesday, May 20, 2020 - 12:00am

Purpose US Preferred Share Fund Non-Currency Hedged ETF Units have both a CAD and USD purchase option.

Key Points: 
  • Purpose US Preferred Share Fund Non-Currency Hedged ETF Units have both a CAD and USD purchase option.
  • Purpose Investments is an asset management company with more than $8 billion in assets under management.
  • Purpose Investments has an unrelenting focus on client-centric innovation, and offers a range of managed and quantitative investment products.
  • Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Financial, an independent technology-driven financial services company.

Bankcoin Reserve (BCR) Fintech Platform Partners with HomiEx

Sunday, April 26, 2020 - 10:00pm

SINGAPORE, Apr 27, 2020 - (ACN Newswire) - Bankcoin Reserve (BCR), an independent liquidity platform, now works with Homiex to provide a unique hedge against volatility.

Key Points: 
  • SINGAPORE, Apr 27, 2020 - (ACN Newswire) - Bankcoin Reserve (BCR), an independent liquidity platform, now works with Homiex to provide a unique hedge against volatility.
  • The mainnet blockchain platform hedges against market manipulation by pegging the ceiling price of USD Gold each month.
  • Bankcoin Reserve is on a mission to change the perception surrounding cryptocurrencies and is reimagining money as a financial instrument.
  • In addition, what also makes Bankcoin Reserve unique is its ability to cater to any and all sectors.

iM DBi Managed Futures Strategy ETF Celebrates One Year Anniversary

Monday, May 11, 2020 - 1:55pm

Dynamic Beta investments main liquid alternative strategies equity hedge, managed futures and multi-asset/stable return are designed to outperform actual hedge fund indices by targeting pre-fee hedge fund performance through liquid futures and ETFs.

Key Points: 
  • Dynamic Beta investments main liquid alternative strategies equity hedge, managed futures and multi-asset/stable return are designed to outperform actual hedge fund indices by targeting pre-fee hedge fund performance through liquid futures and ETFs.
  • ( www.dynamicbeta.com )
    Opinions expressed are subject to change at any time, are not guaranteed and should not be considered investment advice.
  • 1 The Fund is a non-diversified ETF but seeks to achieve its objective by utilizing a Managed Futures strategy.
  • The iM DBi Managed Futures Strategy ETF is distributed by Quasar Distributors, LLC.

Whiting USA Trust II Announces Trust Quarterly Results

Thursday, May 7, 2020 - 10:00pm

All costless collar hedge contracts terminated as of December 31, 2014, and no additional hedges are allowed to be placed on Trust assets.

Key Points: 
  • All costless collar hedge contracts terminated as of December 31, 2014, and no additional hedges are allowed to be placed on Trust assets.
  • Such reserve will be utilized by Whiting for future development, maintenance or operating expenses on the underlying properties and related activities.
  • Additionally, the estimated time when the market price of the Trust units should decline to zero is based on the economic rights of the Trust units.
  • The trading price of the Trust units is affected by factors outside of the control of the Trust or Whiting, including actions of market participants, among others.

Derivative Path Announces Key Hires in Hedge Accounting and FX

Wednesday, April 29, 2020 - 2:00pm

SAN FRANCISCO, April 29, 2020 (GLOBE NEWSWIRE) -- Derivative Path, Inc. (DPI), a leading capital markets FinTech company, is pleased to announce two key hires to further enhance the companys Interest Rates and Foreign Exchange (FX) product suite.

Key Points: 
  • SAN FRANCISCO, April 29, 2020 (GLOBE NEWSWIRE) -- Derivative Path, Inc. (DPI), a leading capital markets FinTech company, is pleased to announce two key hires to further enhance the companys Interest Rates and Foreign Exchange (FX) product suite.
  • Von Garces joins as Hedge Accounting Specialist and Cesar Hernandez joins as FX Product Manager.
  • Our growth continues to accelerate as we continually expand the functionality of our platform -- including further enhancements of its hedge accounting and FX modules.
  • Derivative Path is a San Francisco Bay Area-based FinTech company with additional offices in New York City and Chicago.

Montage Resources Corporation Announces First Quarter Production Outperformance, Updated Hedge Portfolio Position and First Quarter Earnings Release Schedule

Thursday, April 23, 2020 - 9:04pm

Montage Resources Corporation (NYSE:MR) (the Company or Montage Resources) today announced preliminary first quarter 2020 production, an updated hedge portfolio position and first quarter 2020 earnings release schedule.

Key Points: 
  • Montage Resources Corporation (NYSE:MR) (the Company or Montage Resources) today announced preliminary first quarter 2020 production, an updated hedge portfolio position and first quarter 2020 earnings release schedule.
  • The outstanding first quarter production results reflect the outperformance of our wells and the strong execution of the Montage team.
  • The Company will release its first quarter 2020 financial and operational results after the market close on Thursday, May 7, 2020.
  • To participate in the call, please dial 877-709-8150 or 201-689-8354 for international callers and reference Montage Resources First Quarter 2020 Earnings Call.

Purpose Investments Inc. Announces April Distributions

Tuesday, April 21, 2020 - 12:08am

Purpose US Preferred Share Fund Non-Currency Hedged ETF Units have both a CAD and USD purchase option.

Key Points: 
  • Purpose US Preferred Share Fund Non-Currency Hedged ETF Units have both a CAD and USD purchase option.
  • Purpose Investments is an asset management company with more than $8 billion in assets under management.
  • Purpose Investments has an unrelenting focus on client-centric innovation, and offers a range of managed and quantitative investment products.
  • Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Financial, an independent technology-driven financial services company.