Month: December 2018

Arlo Announces Completion of Spin-Off from NETGEAR

SAN JOSE, Calif.–(BUSINESS WIRE)–Arlo Technologies, Inc. (NYSE: ARLO) today announced that NETGEAR, Inc. (NASDAQ: NTGR) has completed its previously announced distribution of 62,500,000 shares of Arlo common stock owned by NETGEAR, representing approximately 84.2% of the outstanding shares of Arlo common stock. After the completion of the distribution, NETGEAR no longer owns any shares of …

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Legg Mason Partners Fund Advisor, LLC Announces a Distribution Update for Western Asset Municipal Defined Opportunity Trust Inc. Relating to the Months of November and December 2018

NEW YORK–(BUSINESS WIRE)–Legg Mason Partners Fund Advisor, LLC announced today that it has updated the character of the distributions for Western Asset Municipal Defined Opportunity Trust Inc. (MTT) payable December 3, 2018 and December 31, 2018. The amount and the timing of the Fund’s November and December distributions did not change.         …

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First Trust Enhanced Equity Income Fund Issues Notice Regarding December 2018 Distribution

WHEATON, Ill.–(BUSINESS WIRE)–The Board of Trustees of First Trust Enhanced Equity Income Fund (the “Fund”) (NYSE: FFA), CUSIP 337318109, previously approved a managed distribution policy for the Fund (the “Managed Distribution Plan”) in reliance on exemptive relief received from the Securities and Exchange Commission which permits the Fund to make periodic distributions of long-term capital …

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CyrusOne Inc. Completes Full Physical Settlement of Previously Announced Forward Sale Agreement

DALLAS–(BUSINESS WIRE)–CyrusOne Inc. (NASDAQ: CONE), a premier global data center REIT, today announced that it has completed the full physical settlement of its previously announced forward sale agreement entered into on September 25, 2018, relating to 2,500,000 shares of CyrusOne’s common stock. Upon settlement, CyrusOne issued 2,500,000 shares of its common stock to Morgan Stanley …

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What’s Next? Houston Entrepreneurs’ Organization (EO) Share 2019 Industry Predictions for High Tech, Healthcare, Accounting, Real Estate, and Cybersecurity

HOUSTON–(BUSINESS WIRE)–Whether in technology or any other field, if you want to know what’s coming, ask entrepreneurs, the people who take big risks based on their view of what’s next. Members of the Houston Chapter of Entrepreneurs’ Organization (EO) share their take on what 2019 will look like in their industries. High Tech: James McDonough, …

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Elizabeth “Liz” Robey Joins ACS as Director of ESITA II Programs

RESTON, Va.–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/defense?src=hash” target=”_blank”gt;#defenselt;/agt;–Assured Consulting Solutions (ACS) today announced that Elizabeth “Liz” Robey has joined as Director of ESITA II Programs. Leveraging her 18+ years of experience serving the Defense and Intelligence communities, she will be leading ACS’ flagship program, the Enterprise Senior Information Technology Advisors (ESITA) II contract, for the Defense Intelligence Agency …

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Priority Technology Holdings, Inc. Announces Acquisition of Merchant Portfolio Assets from Direct Connect and Expanded Credit Facility

ALPHARETTA, Ga.–(BUSINESS WIRE)–Priority Technology Holdings, Inc. (NASDAQ: PRTH) (“Priority” or the “Company”), a leading provider of merchant acquiring and commercial payment solutions, today announced the acquisition of certain merchant portfolio assets from Direct Connect Merchant Services LLC and Blue Parasol Group LLC [together, “Direct Connect”], a portfolio company of The Beekman Group. As part of …

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The World’s First Music Festival Lifestyle Magazine Launches March 2019 to Help End the Opioid Crisis

SACRAMENTO, Calif.–(BUSINESS WIRE)–FestWorld Magazine, the world’s first print magazine devoted exclusively to music festivals and music festival fans, will launch on March 9, 2019. www.festworldmag.com The quarterly magazine will feature engaging and informative exclusive-to-print content related to every aspect of music festivals — from travel and food to fashion, art, and, of course, music. FestWorld …

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DexYP® Announces Amended and Restated Credit Facility

DALLAS–(BUSINESS WIRE)–DexYP®, a Delaware corporation (“Dex”) and leading provider of cloud-based business software for small business, today announced that it entered into a senior secured credit facility (the “Facility”), comprised of an $825,000,000 five-year senior secured term loan facility. The proceeds of the Facility will be used to repay in full the indebtedness outstanding under …

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Global Laser Distance Meter Market 2018-2022 | Growth of the Flooring Industry to Boost Demand | Technavio

LONDON–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/EmbeddedSystems?src=hash” target=”_blank”gt;#EmbeddedSystemslt;/agt;–Technavio analysts forecast the global laser distance meter market to grow at a CAGR of nearly 2% during the forecast period, according to their latest market research report. The integration of laser measurement capability with smartphones is one of the major trends being witnessed in the global laser distance meter market 2018-2022. …

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BrightSphere Announces Inducement Grant Under NYSE Rule 303A.08

LONDON–(BUSINESS WIRE)–BrightSphere Investment Group plc (NYSE: BSIG) announced today that, as previously disclosed in its form 8-K filed on December 18, 2018, the Company made a grant of options to Guang Yang, the newly-appointed Chief Executive Officer of BrightSphere, to purchase 6,900,000 ordinary shares of the Company with a strike price equal to $12.00 per …

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First Republic Bank Announces “At The Market” Common Stock Offering

SAN FRANCISCO–(BUSINESS WIRE)–First Republic Bank (“First Republic”) (NYSE: FRC), a leading private bank and wealth management company, today announced that it has established an “at-the-market” equity offering program under which it may sell up to 4,000,000 shares of its common stock. First Republic has entered into an equity distribution agreement with Keefe, Bruyette & Woods, …

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WNS to Release Fiscal 2019 Third Quarter Financial and Operating Results on January 17, 2019

NEW YORK & MUMBAI, India–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/BPM?src=hash” target=”_blank”gt;#BPMlt;/agt;–WNS (Holdings) Limited (NYSE: WNS), a leading provider of global Business Process Management (BPM) services, today announced it will release its fiscal 2019 third quarter financial and operating results at approximately 6:00 a.m. Eastern on Thursday, January 17, 2019. Following the release, WNS management will host a call …

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Healthcare Improvement Company Premier Inc. to Present at 37th Annual J.P. Morgan Healthcare Conference in San Francisco on Wednesday, January 9, 2019 at 1:30 p.m. PT

CHARLOTTE, N.C.–(BUSINESS WIRE)–lt;a href=”https://twitter.com/search?q=%24PINC&src=ctag” target=”_blank”gt;$PINClt;/agt; lt;a href=”https://twitter.com/hashtag/PINC?src=hash” target=”_blank”gt;#PINClt;/agt;–Premier Inc. (NASDAQ: PINC), a leading healthcare improvement company, announced today that its President and CEO, Susan DeVore, will present at the 37th Annual J.P. Morgan Healthcare Conference on Jan. 9, 2019. The presentation and subsequent Q&A will be audio webcast live at 1:30 p.m. PT and can …

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Artificial Intelligence Capabilities and Commercial Applications Will Continue to Progress Rapidly in 2019, But Growth Will Also Bring Growing Pains, According to Tractica

New White Paper Identifies 10 Predictions for AI in 2019, Including Commercialization of New Technologies, Growth of New Application Markets, Changes in Hardware Architectures and Infrastructure, and Evolution of Business Models and Public Policy BOULDER, Colo.–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/ai?src=hash” target=”_blank”gt;#ailt;/agt;–The AI market is possibly one of the toughest to keep track of, as the pace of …

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AIG Completes Acquisition of UK Group Risk Specialist Ellipse

NEW YORK & LONDON–(BUSINESS WIRE)–American International Group, Inc. (NYSE:AIG) today announced that AIG Life Limited, a UK subsidiary of AIG Life & Retirement, has completed the previously agreed acquisition of Ellipse, a specialist group life, critical illness and income protection provider in the UK, from Munich Re. AIG believes Ellipse’s group protection expertise, alongside its …

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Global Refrigerated Road Transportation Market 2018-2022| Penetration of Blockchain Technology Drives Growth | Technavio

LONDON–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/Energy?src=hash” target=”_blank”gt;#Energylt;/agt;–The global refrigerated road transportation market research report by Technavio predicts the market to post a CAGR of close to 7% during the period 2018-2022. A key driver for the global refrigerated road transportation market is the global rise in the consumption of fresh meat. In 2017, the global volume of fresh …

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Sequans Announces Conference Call to Review Fourth Quarter 2018 Results

Tuesday, February 19, 2019 at 8:00 a.m. EST PARIS–(BUSINESS WIRE)–Sequans Communications S.A. (NYSE: SQNS), a leading provider of single-mode LTE wireless semiconductor solutions for Internet of Things (“IoT”) and a wide range of broadband data devices, will release its financial results for the fourth quarter of 2018 on Tuesday, February 19, 2019 during pre-market hours. …

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Global Circuit Tracer Market 2018-2022 | Rising Demand for Power to Drive Growth | Technavio

LONDON–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/Research?src=hash” target=”_blank”gt;#Researchlt;/agt;–The global circuit tracer market research report by Technavio predicts the market to post a CAGR of close to 3% during the period 2018-2022. A key driver for the global circuit tracer market is the growing demand for power. The rising industrialization and urbanization have been driving the demand for power. The …

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