BNY Mellon

Canaan Inc. Reports Unaudited Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Tuesday, February 27, 2024
ADS, Research, PIN, Mining, AI, Marketing, Bank, ATM, Growth, Sale, Disclosure, A14, A13, Policy, Electricity, Finance, Procurement, Renminbi, FASB, BNY Mellon, Bank statement, Depreciation, Cryptocurrency

Products revenue in the fourth quarter of 2023 was US$44.9 million, compared to US$29.9 million in the third quarter of 2023 and US$47.5 million in the same period of 2022.

Key Points: 
  • Products revenue in the fourth quarter of 2023 was US$44.9 million, compared to US$29.9 million in the third quarter of 2023 and US$47.5 million in the same period of 2022.
  • Cost of revenues in the fourth quarter of 2023 was US$103.1 million, compared to US$102.4 million in the third quarter of 2023 and US$122.5 million in the same period of 2022.
  • Products costs in the fourth quarter of 2023 were US$95.8 million, compared to US$83.7 million in the third quarter of 2023 and US$98.9 million in the same period of 2022.
  • Mining costs in the fourth quarter of 2023 were US$6.0 million, compared to US$17.9 million in the third quarter of 2023 and US$23.6 million in the same period of 2022.

Tenet Calls for Full Redemption of 4.875% Senior Secured First Lien Notes due 2026

Retrieved on: 
Friday, February 16, 2024
Health, Hospitals, Surgery, Health Technology, Practice Management, General Health, BNY Mellon, Senior, Bank, Note, Supplement, Particular, Tenet Healthcare, THC, Security (finance), Hand, Tenet

The Notes will be redeemed on March 5, 2024 (the “Redemption Date”), with cash on hand, at a redemption price equal to 100% of the principal amount of the Notes being redeemed together with accrued and unpaid interest up to, but not including, the Redemption Date.

Key Points: 
  • The Notes will be redeemed on March 5, 2024 (the “Redemption Date”), with cash on hand, at a redemption price equal to 100% of the principal amount of the Notes being redeemed together with accrued and unpaid interest up to, but not including, the Redemption Date.
  • This press release shall not constitute a notice of redemption of the Notes.
  • This release contains “forward-looking statements” – that is, statements that relate to future, not past, events.
  • Particular uncertainties that could cause Tenet’s actual results to be materially different than those expressed in Tenet’s forward-looking statements include, but are not limited to, the factors disclosed under “Forward-Looking Statements” and “Risk Factors” in our Form 10-K and other filings with the Securities and Exchange Commission.

Jianzhi Education Announces Plan to Implement ADS Ratio Change

Retrieved on: 
Friday, February 16, 2024
ADS, Bank, Sale, American depositary receipt, Tax, JZ, BNY Mellon, Security (finance)

BEIJING, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Jianzhi Education Technology Group Company Limited (the “Company” or “Jianzhi”) (NASDAQ: JZ), a leading provider of digital educational content in China, today announced that it plans to change the ratio of its American Depositary Shares (“ADSs”) from current one (1) ADS representing two (2) ordinary shares to a new ADS Ratio of one (1) ADS representing six (6) ordinary shares (the “ADS Ratio Change”).

Key Points: 
  • BEIJING, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Jianzhi Education Technology Group Company Limited (the “Company” or “Jianzhi”) (NASDAQ: JZ), a leading provider of digital educational content in China, today announced that it plans to change the ratio of its American Depositary Shares (“ADSs”) from current one (1) ADS representing two (2) ordinary shares to a new ADS Ratio of one (1) ADS representing six (6) ordinary shares (the “ADS Ratio Change”).
  • For Jianzhi’s ADS holders, the ADS Ratio Change will have the same effect as a one-for-three reverse ADS split.
  • The ADS Ratio Change will have no impact on Jianzhi’s underlying ordinary shares, and no ordinary shares will be issued or canceled in connection with the ADS Ratio Change.
  • As a result of the ADS Ratio Change, Jianzhi’s ADS trading price is expected to increase proportionally, although the Company can give no assurance that the ADS trading price after the ADS Ratio Change will be equal to or greater than three (3) times the ADS trading price before the change.

US Financial 15 Split Corp. Preferred Dividend Declared

Retrieved on: 
Friday, February 16, 2024
Goldman Sachs, Bank, J. P. Morgan, Regions Financial Corporation, SunTrust Banks, State Street Corporation, BNY Mellon, Wells Fargo, Morgan Stanley, Financial system, JPMorgan Chase, Fifth Third Bank, PNC, Citigroup, Bank of America, American Express

TORONTO, Feb. 16, 2024 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp ("US Financial 15") declares its monthly distribution of $0.05192 for each Preferred share, or 10.00% annually based on the previous month end net asset value.

Key Points: 
  • TORONTO, Feb. 16, 2024 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp ("US Financial 15") declares its monthly distribution of $0.05192 for each Preferred share, or 10.00% annually based on the previous month end net asset value.
  • Distributions are payable March 8, 2024 to shareholders on record as at February 29, 2024.
  • US Financial 15 invests in a portfolio consisting of 15 U.S. financial services companies as follows: American Express, Bank of America, Bank of New York Mellon Corp., Citigroup, CME Group Inc., Fifth Third Bancorp, The Goldman Sachs Group, J.P. Morgan Chase & Co., Morgan Stanley, PNC Financial Services Group Inc., Regions Financial Corp., State Street Corp., SunTrust Banks, U.S. Bancorp, and Wells Fargo.

Newton Park PR Announces Strategic Partnership with Veteran Asset and Wealth Management Executive Tom Butch

Retrieved on: 
Thursday, February 15, 2024
Marketing, TD Ameritrade, BNY Mellon, Mellon, Partnership

BOSTON and CHICAGO, Feb. 15, 2024 /PRNewswire/ -- Newton Park PR, a boutique media relations firm serving the asset and wealth management industries, today announced that veteran investment management executive Thomas W. Butch is joining forces with Newton Park PR as a strategic partner, providing strategy, marketing/communications, and editorial support to its clients.

Key Points: 
  • BOSTON and CHICAGO, Feb. 15, 2024 /PRNewswire/ -- Newton Park PR, a boutique media relations firm serving the asset and wealth management industries, today announced that veteran investment management executive Thomas W. Butch is joining forces with Newton Park PR as a strategic partner, providing strategy, marketing/communications, and editorial support to its clients.
  • Rich Chimberg, co-founder and partner of Newton Park PR, added, "Tom brings exceptional strategic and marketing skills and executive experience in asset management and wealth management—our specialties.
  • Butch is also founder and president of Strategy: Solutions, Inc., a boutique consulting firm through which he will work with Newton Park.
  • "I am excited to engage the ever-changing asset management and wealth management industries in partnership with Newton Park PR," Butch said.

BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Announces Final Results of Quarterly Tender Offer

Retrieved on: 
Wednesday, February 14, 2024
Asset Management, Professional Services, Finance, BNY Mellon Investment Management, Letter, Bank, BNY Mellon, Newsroom, Georgeson, Letter of transmittal, Tender offer, Fund, Security (finance), Tender, BK

The terms and conditions of the Tender Offer were set forth in the Fund's Offer to Purchase, the related Letter of Transmittal and other related documents.

Key Points: 
  • The terms and conditions of the Tender Offer were set forth in the Fund's Offer to Purchase, the related Letter of Transmittal and other related documents.
  • BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. is a diversified, closed-end management investment company.
  • BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Mellon Investment Management.
  • BNY Mellon Investment Management is a division of BNY Mellon, which has $47.8 trillion in assets under custody and/or administration as of December 31, 2023.

Prudential Financial, Inc. to Redeem 5.20% Fixed-to-Floating Rate Junior Subordinated Notes due 2044

Retrieved on: 
Wednesday, February 14, 2024
Banking, Professional Services, Finance, Bank, PRU, Prudential Financial, BNY Mellon, Insurance, Security (finance)

Prudential Financial, Inc. ( NYSE: PRU ) announced today that it will redeem all of the $500,000,000 outstanding aggregate principal amount of its 5.20% Fixed-to-Floating Rate Junior Subordinated Notes due 2044 (CUSIP/ISIN No.

Key Points: 
  • Prudential Financial, Inc. ( NYSE: PRU ) announced today that it will redeem all of the $500,000,000 outstanding aggregate principal amount of its 5.20% Fixed-to-Floating Rate Junior Subordinated Notes due 2044 (CUSIP/ISIN No.
  • A notice of redemption is being sent to all currently registered holders of the Notes by the trustee, The Bank of New York Mellon.
  • For more information, holders of the Notes may call The Bank of New York Mellon at 1-800-254-2826.
  • Prudential Financial, Inc.’s actual results may differ, possibly materially, from expectations or estimates reflected in such forward-looking statements.

Prancer Enterprise Welcomes Giri Muthukrishnan as Chief Growth Officer

Retrieved on: 
Wednesday, February 14, 2024
SAN, BNY Mellon, AI, IBM, Test management, Fintech, Lead, JPMorgan Chase, Enterprise, Engineering, Organization, BAS, Penetration test, Management

SAN DIEGO, Feb. 14, 2024 /PRNewswire-PRWeb/ -- Prancer Enterprise, a pioneer in Breach and Attack Simulation (BAS) and PTaaS ( Pentest as a Service), is thrilled to announce the appointment of Giri Muthukrishnan as its new Chief Growth Officer. With an illustrious career that spans many highly regulated enterprises such as the US Federal Reserve, JPMorganChase, BNY Mellon, and IBM, Giri brings a wealth of experience in driving strategic, large-scale cyber initiatives to his new role at Prancer.

Key Points: 
  • Prancer Enterprise, a pioneer in Breach and Attack Simulation (BAS) and PTaaS ( Pentest as a Service), is thrilled to announce the appointment of Giri Muthukrishnan as its new Chief Growth Officer.
  • SAN DIEGO, Feb. 14, 2024 /PRNewswire-PRWeb/ -- Prancer Enterprise, a pioneer in Breach and Attack Simulation (BAS) and PTaaS ( Pentest as a Service), is thrilled to announce the appointment of Giri Muthukrishnan as its new Chief Growth Officer.
  • "We are excited to welcome Giri Muthukrishnan to the Prancer team as Chief Growth Officer," said Farshid Mahdavipour, CEO of Prancer Enterprise.
  • With Giri Muthukrishnan at the helm of growth initiatives, the company is set to achieve new heights of success.

BNY Mellon to Speak at the RBC Capital Markets Global Financial Institutions Conference

Retrieved on: 
Tuesday, February 13, 2024
BNY Mellon, Conference, BK

NEW YORK, Feb. 13, 2024 /PRNewswire/ -- BNY Mellon (NYSE: BK) today announced that Dermot McDonogh, Chief Financial Officer, will speak at the RBC Capital Markets Global Financial Institutions Conference in New York at 3:20 p.m.

Key Points: 
  • NEW YORK, Feb. 13, 2024 /PRNewswire/ -- BNY Mellon (NYSE: BK) today announced that Dermot McDonogh, Chief Financial Officer, will speak at the RBC Capital Markets Global Financial Institutions Conference in New York at 3:20 p.m.
  • ET on Tuesday, March 5, 2024.
  • A live webcast of the audio portion of the conference will be available on the BNY Mellon website ( www.bnymellon.com/investorrelations ).
  • An archived version of the audio portion will be available on the BNY Mellon website approximately 24 hours after the live webcast and will remain available until April 5, 2024.

Trinity Biotech Plc Announces Plan to Implement ADS Ratio Change

Retrieved on: 
Tuesday, February 13, 2024
ADS, Bank, Depositary, Sale, Tax, BNY Mellon, Security (finance)

(NASDAQ: TRIB) (the “Company”) today announced that it plans to change the ratio of the American depositary shares (“ADSs”) representing its Class A ordinary shares from one (1) ADS representing four (4) Class A ordinary share to one (1) ADS representing twenty (20) Class A ordinary shares.

Key Points: 
  • (NASDAQ: TRIB) (the “Company”) today announced that it plans to change the ratio of the American depositary shares (“ADSs”) representing its Class A ordinary shares from one (1) ADS representing four (4) Class A ordinary share to one (1) ADS representing twenty (20) Class A ordinary shares.
  • For Trinity Biotech Plc ADS holders, the change in the ADS ratio will have the same effect as a one-for-five reverse ADS split and is intended to i) enable the Company to regain compliance with the $1.00 Nasdaq minimum bid price requirement, and ii) facilitate investment from a broader pool of potential investors, who may have previously been unable to invest due to the ADSs trading below a price of $1.00.
  • No fractional new ADSs will be issued in connection with the change in the ADS ratio.
  • As a result of the change in the ADS ratio, the ADS price is expected to increase proportionally, although the Company can give no assurance that the ADS price after the change in the ADS ratio will be equal to or greater than five times the ADS price before the change.