IWM

Magnit Appoints Doug Barnett as CFO to Accelerate Global Reach

Retrieved on: 
Thursday, February 9, 2023

Magnit , an Integrated Workforce Management (IWM) platform provider, today announced that Doug Barnett has joined the company as chief financial officer (CFO).

Key Points: 
  • Magnit , an Integrated Workforce Management (IWM) platform provider, today announced that Doug Barnett has joined the company as chief financial officer (CFO).
  • In this role, Barnett will work to scale the company’s global operations as it leads the evolution of work.
  • “Having Doug on the team will be critical to driving Magnit’s success in its next chapter,” said Kevin Akeroyd, CEO of Magnit.
  • At each of these companies, he helped accelerate the global reach of their products and services.

Magnit Achieves High Ratings in SIA’s VMS Global Landscape and Differentiators 2022 Report

Retrieved on: 
Tuesday, February 7, 2023

Magnit™, an Integrated Workforce Management (IWM) Platform provider, received high ratings in Staffing Industry Analysts’ (SIA) new “Vendor Management System (VMS) Global Landscape and Differentiators” report , which is considered the industry’s standard of excellence.

Key Points: 
  • Magnit™, an Integrated Workforce Management (IWM) Platform provider, received high ratings in Staffing Industry Analysts’ (SIA) new “Vendor Management System (VMS) Global Landscape and Differentiators” report , which is considered the industry’s standard of excellence.
  • According to SIA, the global VMS market tallied a 26% increase in year-over-year spend, with spend under management topping $226 billion.
  • Global VMS adoption for companies with over 1,000 employees also grew significantly, increasing from 50% in 2009 to 80% in 2022.
  • “We are excited to again be recognized by Staffing Industry Analysts for excellence across all areas of VMS,” said Vidhya Srinivasan, CMO of Magnit.

Innovator ETFs Announces New Upside Caps for February Series of U.S. Equity Buffer ETFs™

Retrieved on: 
Wednesday, February 1, 2023

CHICAGO, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Innovator Capital Management, LLC (Innovator), the Defined Outcome ETFs™ pioneer, today announced the upside caps and return profiles for the February series of the U.S. Equity Buffer ETFs™ – Innovator U.S. Equity Buffer ETF™ – February (BFEB), Innovator U.S. Equity Power Buffer ETF™ – February (PFEB) and Innovator U.S. Equity Ultra Buffer ETF™ – February (UFEB) – which completed their third annual outcome period and reset at the end of the month. The 36 total ETFs in the flagship U.S. Equity Buffer ETF lineup seek to provide investors with upside participation, to a cap, in Large-cap U.S. stocks via options on the SPDR S&P 500 ETF Trust (SPY) with buffers against market losses of 9%, 15% or 30% over one-year periods. Three Innovator U.S. Equity Buffer ETFs reset each month. With the stock market drawdown that commenced in 2022, the February series of Innovator’s U.S. Equity Buffer ETFs shielded investors who held shares since the beginning of the completed outcome period from a portion of SPY losses over the annual period.

Key Points: 
  • **“Buffer” refers to the amount of downside protection the fund seeks to provide, before fees and expenses, over the full Outcome Period.
  • Outcome Period is the intended length of time over which the defined outcomes are sought.
  • Upon commencement of the Outcome Period, the Caps can be found on a daily basis via www.innovatoretfs.com.
  • For more information regarding whether an investment in the Fund is right for you, please see “Investor Suitability” in the prospectus.

Innovator ETFs Publishes Upside Cap Ranges for February Series of U.S. Equity Buffer ETFs™

Retrieved on: 
Wednesday, January 25, 2023

The actual Cap for each Fund will be set at the beginning of the Outcome Period, and is dependent upon market conditions at that time.

Key Points: 
  • The actual Cap for each Fund will be set at the beginning of the Outcome Period, and is dependent upon market conditions at that time.
  • As a result, the Cap set by each Fund may be higher or lower than the Estimated Cap Range.
  • **“Buffer” refers to the amount of downside protection the fund seeks to provide, before fees and expenses, over the full Outcome Period.
  • The February series of the Innovator U.S. Equity Buffer ETFs™ ( BFEB ; PFEB ; UFEB ) currently have a remaining outcome period of about one week.

Magnit Integrated Workforce Management Platform Delivers 366% ROI

Retrieved on: 
Tuesday, January 17, 2023

Magnit™ (formerly PRO Unlimited), an Integrated Workforce Management (IWM) Platform provider, today released the results of a new commissioned study, “ The Total Economic Impact™ (TEI) of Magnit Platform ,” conducted by Forrester Consulting .

Key Points: 
  • Magnit™ (formerly PRO Unlimited), an Integrated Workforce Management (IWM) Platform provider, today released the results of a new commissioned study, “ The Total Economic Impact™ (TEI) of Magnit Platform ,” conducted by Forrester Consulting .
  • The analysis found that an organization leveraging Magnit Platform to manage its contingent workforce saw a 366% return on investment over three years, $32.3 million in net present value over that same period, and a full investment payback in less than six months.
  • “Magnit’s integrated platform approach empowers leaders with the data and visibility they need to make strategic decisions in today’s high-pressure business landscape.
  • Our end-to-end platform offers a robust return on investment, helping businesses save tens of millions on labor spending and management costs despite its relatively low cost.”
    To perform its analysis, Forrester interviewed seven Magnit clients to develop a composite organization representative of those customers.

Innovator Announces Record Year for Defined Outcome ETFs™ as Bonds and Stocks Declined Together, Publishes New Upside Caps for 2023

Retrieved on: 
Tuesday, January 3, 2023

**“Buffer” refers to the amount of downside protection the fund seeks to provide, before fees and expenses, over the full Outcome Period.

Key Points: 
  • **“Buffer” refers to the amount of downside protection the fund seeks to provide, before fees and expenses, over the full Outcome Period.
  • Outcome Period is the intended length of time over which the defined outcomes are sought.
  • With $5.7B inflows in 20223, Innovator witnessed record advisor interest in its lineup of Defined Outcome ETFs ™ that use forward-looking investment strategies.
  • Innovator listed 11 ETFs in 2022, most recently including the Equity Managed Floor ETF™ ( SFLR ) and the Gradient Tactical Rotation Strategy ETF ( IGTR) .

Innovator Preps Reset of Defined Outcome ETF™ Lineup for 2023 As Challenging Year for Stocks and Bonds Comes to Close, Announces New Upside Cap Ranges

Retrieved on: 
Friday, December 23, 2022

As a result, the Cap set by each Fund may be higher or lower than the Cap Range.

Key Points: 
  • As a result, the Cap set by each Fund may be higher or lower than the Cap Range.
  • **“Buffer” refers to the amount of downside protection the fund seeks to provide, before fees and expenses, over the full Outcome Period.
  • The Upside Cap above is shown gross of the .175% quarterly (0.69% annual) management fee for BALT.
  • The ETFs simply reset at the end of their designated outcome period and can be held indefinitely.

Defined Outcome ETFs™ Leader Innovator Anticipates No Capital Gains Distributions in 2022

Retrieved on: 
Friday, December 23, 2022

CHICAGO, Dec. 23, 2022 (GLOBE NEWSWIRE) -- Innovator Capital Management , LLC (Innovator) today announced that the fast-growing exchange-traded fund (ETF) issuer and pioneer of the Defined Outcome ETFs™ anticipates no capital gains distributions for tax year 2022 by any of the 91 ETFs in the Innovator lineup, including its family of 80 Defined Outcome ETFs™ and 6 Managed Outcome ETFs™.

Key Points: 
  • CHICAGO, Dec. 23, 2022 (GLOBE NEWSWIRE) -- Innovator Capital Management , LLC (Innovator) today announced that the fast-growing exchange-traded fund (ETF) issuer and pioneer of the Defined Outcome ETFs™ anticipates no capital gains distributions for tax year 2022 by any of the 91 ETFs in the Innovator lineup, including its family of 80 Defined Outcome ETFs™ and 6 Managed Outcome ETFs™.
  • Furthermore, due to the operational structure of ETFs and the exchange transfer approvals for options, Innovator does not anticipate capital gains distributions for its current lineup going forward.
  • With over $5.5B inflows year-to-date1, Innovator has seen record advisor interest in its lineup of Defined Outcome ETFs ™ that use forward-looking investment strategies.
  • Innovator listed 11 ETFs in 2022, most recently including the Equity Managed Floor ETF™ ( SFLR ) and the Gradient Tactical Rotation Strategy ETF ( IGTR).

Magnit’s Industry-Leading Capabilities Highlighted in SIA’s Annual MSP Global Landscape Report for Second Consecutive Year

Retrieved on: 
Wednesday, November 30, 2022

Magnit , an Integrated Workforce Management (IWM) Platform provider, exhibited strong capabilities in Staffing Industry Analysts (SIA) Managed Service Program (MSP) Global Landscape and Differentiators report for the second consecutive year.

Key Points: 
  • Magnit , an Integrated Workforce Management (IWM) Platform provider, exhibited strong capabilities in Staffing Industry Analysts (SIA) Managed Service Program (MSP) Global Landscape and Differentiators report for the second consecutive year.
  • Demonstrating Magnits unique ability to help organizations navigate a complex workforce landscape while meeting organizational goals, the company excelled across all categories in the report, which is considered the gold standard for evaluating the strength of MSPs.
  • According to SIA, in the period January-December 2021, the global MSP market accounted for $194 billion of spend under management, which represents an increase of 30% year-over-year.
  • This assessment is a testament to our teams unparalleled commitment to innovation and our clients evolving world of work.

EQS-News: CBOE's Weekly Market Recap: Nov.14-18 – Biogen’s Alzheimer’s Drug Captures Investors’ Attention

Retrieved on: 
Sunday, November 27, 2022

With uncertainty brimming, Cboe highlights Biogen Inc. (NASDAQ: BIIB) as a chart that may have piqued investor interest following positive clinical trial results for their new Alzheimers drug.

Key Points: 
  • With uncertainty brimming, Cboe highlights Biogen Inc. (NASDAQ: BIIB) as a chart that may have piqued investor interest following positive clinical trial results for their new Alzheimers drug.
  • Cboe has compiled a list of earnings for investors to keep an eye on at the bottom of this report.
  • Shares of Biogen skyrocketed on Sept. 22nd after the company announced positive clinical trial results for their Alzheimers drug lecanemab.
  • These results have brought Biogen closer to a Federal Drug Agency (FDA) approved Alzheimers drug, a feat several biopharmaceutical companies are competing to achieve.