UKRAINE

Westinghouse Awarded Contract to Evaluate AP1000® Reactors in Support of Netherlands’ Energy Future

Retrieved on: 
Tuesday, February 20, 2024

Westinghouse Electric Company announced today the signing of a contract with the Dutch government to conduct a Technical Feasibility Study (TFS) assessing the deployment of AP1000® reactors in support of their nuclear new-build strategy.

Key Points: 
  • Westinghouse Electric Company announced today the signing of a contract with the Dutch government to conduct a Technical Feasibility Study (TFS) assessing the deployment of AP1000® reactors in support of their nuclear new-build strategy.
  • Four AP1000 reactors are currently setting operational performance and availability records in China with eight additional reactors under construction.
  • Westinghouse Electric Company is shaping the future of carbon-free energy by providing safe, innovative nuclear and other clean power technologies and services globally.
  • Over 135 years of innovation makes Westinghouse the preferred partner for advanced technologies covering the complete nuclear energy life cycle.

First Trust/abrdn Global Opportunity Income Fund Declares its Monthly Common Share Distribution of $0.06 Per Share for March

Retrieved on: 
Tuesday, February 20, 2024

First Trust/abrdn Global Opportunity Income Fund (the "Fund") (NYSE: FAM) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.06 per share payable on March 15, 2024, to shareholders of record as of March 4, 2024.

Key Points: 
  • First Trust/abrdn Global Opportunity Income Fund (the "Fund") (NYSE: FAM) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.06 per share payable on March 15, 2024, to shareholders of record as of March 4, 2024.
  • The Fund is a diversified, closed-end management investment company that seeks to provide a high level of current income.
  • FTP is also a distributor of mutual fund shares and exchange-traded fund creation units.
  • Market risk is the risk that a particular investment, or shares of a fund in general may fall in value.

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

Retrieved on: 
Tuesday, February 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 March 15, 2024, to shareholders of record as of March 4, 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 March 15, 2024, to shareholders of record as of March 4, 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.

First Trust Energy Infrastructure Fund Declares its Monthly Common Share Distribution of $0.10 Per Share for March

Retrieved on: 
Tuesday, February 20, 2024

First Trust Energy Infrastructure Fund (the "Fund") (NYSE: FIF) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.10 per share payable on March 15, 2024, to shareholders of record as of March 4, 2024.

Key Points: 
  • First Trust Energy Infrastructure Fund (the "Fund") (NYSE: FIF) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.10 per share payable on March 15, 2024, to shareholders of record as of March 4, 2024.
  • Under the Plan, the Fund intends to continue to pay a recurring monthly distribution that reflects the distributable cash flow of the Fund.
  • This distribution will consist of net investment income earned by the Fund and return of capital and may also consist of net short-term realized capital gains.
  • The Fund seeks to achieve its investment objectives by investing primarily in securities of companies engaged in the energy infrastructure sector.

Philip Morris International Presents at 2024 CAGNY Conference; Reaffirms 2024 Full-Year Forecast for Reported Diluted EPS of $5.90 to $6.02 and Adjusted Diluted EPS of $6.32 to $6.44, Representing Currency-Neutral Growth of 7% to 9%

Retrieved on: 
Wednesday, February 21, 2024

The assumptions underlying this forecast remain unchanged versus those communicated by PMI in its earnings release of February 8, 2024.

Key Points: 
  • The assumptions underlying this forecast remain unchanged versus those communicated by PMI in its earnings release of February 8, 2024.
  • Factors described in the Forward-Looking and Cautionary Statements section of this release represent continuing risks to these projections.
  • In the event that risks or uncertainties materialize, or underlying assumptions prove inaccurate, actual results could vary materially from those contained in such forward-looking statements.
  • PMI cautions that the foregoing list of important factors is not a complete discussion of all potential risks and uncertainties.

First Trust High Income Long/Short Fund Declares its Monthly Common Share Distribution of $0.105 Per Share for March

Retrieved on: 
Tuesday, February 20, 2024

First Trust High Income Long/Short Fund (the "Fund") (NYSE: FSD) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on March 15, 2024, to shareholders of record as of March 4, 2024.

Key Points: 
  • First Trust High Income Long/Short Fund (the "Fund") (NYSE: FSD) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.105 per share payable on March 15, 2024, to shareholders of record as of March 4, 2024.
  • 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.
  • FTP is also a distributor of mutual fund shares and exchange-traded fund creation units.

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1375 Per Share for March

Retrieved on: 
Tuesday, February 20, 2024

First Trust Intermediate Duration Preferred & Income Fund (the "Fund") (NYSE: FPF) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.1375 per share payable on March 15, 2024, to shareholders of record as of March 4, 2024.

Key Points: 
  • First Trust Intermediate Duration Preferred & Income Fund (the "Fund") (NYSE: FPF) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.1375 per share payable on March 15, 2024, to shareholders of record as of March 4, 2024.
  • The Fund has a practice of seeking to maintain a relatively stable monthly distribution which may be changed periodically.
  • The Fund is a diversified, closed-end management investment company that seeks to provide a high level of current income.
  • The Fund seeks to achieve its investment objectives by investing in preferred and other income-producing securities.

First Trust High Yield Opportunities 2027 Term Fund Declares its Monthly Common Share Distribution of $0.13 Per Share for March

Retrieved on: 
Tuesday, February 20, 2024

First Trust High Yield Opportunities 2027 Term Fund (the "Fund") (NYSE: FTHY) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.13 per share payable on March 25, 2024, to shareholders of record as of March 4, 2024.

Key Points: 
  • First Trust High Yield Opportunities 2027 Term Fund (the "Fund") (NYSE: FTHY) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.13 per share payable on March 25, 2024, to shareholders of record as of March 4, 2024.
  • The Fund has a practice of seeking to maintain a relatively stable monthly distribution which may be changed periodically.
  • High yield debt securities include U.S. and non-U.S. corporate debt obligations and senior, secured floating rate loans ("Senior Loans").
  • The Fund is not a "target term" Fund and its primary objective is to provide high current income.

Teledyne FLIR to Supply Canadian Government More Than 800 Drones Worth CAD$95 Million for Ukraine

Retrieved on: 
Tuesday, February 20, 2024

Teledyne FLIR Defense, part of Teledyne Technologies Incorporated (NYSE:TDY), announced that Canada’s Department of National Defence is seeking over 800 SkyRanger R70 Unmanned Aerial Systems (UAS), valued at more than CAD$95 million (approximately US$70 million), that Canada will donate to the government of Ukraine.

Key Points: 
  • Teledyne FLIR Defense, part of Teledyne Technologies Incorporated (NYSE:TDY), announced that Canada’s Department of National Defence is seeking over 800 SkyRanger R70 Unmanned Aerial Systems (UAS), valued at more than CAD$95 million (approximately US$70 million), that Canada will donate to the government of Ukraine.
  • Built by Teledyne FLIR in Waterloo, Ontario, SkyRanger ® R70 drones feature autonomous navigation capability, plus advanced thermal and daytime sensors enabling them to detect and identify targets at long range.
  • This latest order from Canada adds to the unmanned systems and counter-unmanned aerial systems (C-UAS) capabilities Teledyne FLIR Defense is already providing to Ukraine’s military through governments worldwide.
  • Teledyne FLIR Black Hornet ® nano-drones are currently being used by Ukrainian forces through previous donations made by the Norwegian and British governments.

South Africa Mining Industry Trends Report - Key Opportunities Emerging in the Circular Economy (Reducing, Reusing & Recycling) - ResearchAndMarkets.com

Retrieved on: 
Monday, February 19, 2024

The "Mining Industry Trends in South Africa 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Mining Industry Trends in South Africa 2023" report has been added to ResearchAndMarkets.com's offering.
  • The mining sector provides materials essential for all sectors of the economy and creates employment, investment, government revenues and infrastructure.
  • The mining industry remains an important contributor to the South African economy.
  • In an environment where government provides policy certainty, administered prices are tolerable and logistics problems are solved, the mining industry can retain its historical importance in the economy.