Category: Business

Business News from around the world.

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

WHEATON, Ill.–(BUSINESS WIRE)–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 September 17, 2018, to shareholders of record as of September 5, 2018. The ex-dividend date is expected to be September 4, 2018. The monthly …

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First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1425 Per Share for September

WHEATON, Ill.–(BUSINESS WIRE)–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 $0.1425 per share payable on September 17, 2018, to shareholders of record as of September 5, 2018. The ex-dividend date is expected to be September 4, 2018. …

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First Trust New Opportunities MLP & Energy Fund Decreases its Monthly Common Share Distribution to $0.075 Per Share for September

WHEATON, Ill.–(BUSINESS WIRE)–First Trust New Opportunities MLP & Energy Fund (the “Fund”) (NYSE: FPL) has decreased its regularly scheduled monthly common share distribution to $0.075 per share from $0.105 per share. The distribution will be payable on September 17, 2018, to shareholders of record as of September 5, 2018. The ex-dividend date is expected to …

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First Trust Mortgage Income Fund Declares its Monthly Common Share Distribution of $0.06 Per Share for September

WHEATON, Ill.–(BUSINESS WIRE)–First Trust Mortgage Income Fund (the “Fund”) (NYSE: FMY) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.06 per share payable on September 17, 2018, to shareholders of record as of September 5, 2018. The ex-dividend date is expected to be September 4, 2018. The monthly distribution …

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First Trust MLP and Energy Income Fund Decreases its Monthly Common Share Distribution to $0.10 Per Share for September

WHEATON, Ill.–(BUSINESS WIRE)–First Trust MLP and Energy Income Fund (the “Fund”) (NYSE: FEI) has decreased its regularly scheduled monthly common share distribution to $0.10 per share from $0.1183 per share. The distribution will be payable on September 17, 2018, to shareholders of record as of September 5, 2018. The ex-dividend date is expected to be …

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First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.06 Per Share for September

WHEATON, Ill.–(BUSINESS WIRE)–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 $0.06 per share payable on September 17, 2018, to shareholders of record as of September 5, 2018. The ex-dividend date is expected to be September 4, 2018. …

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First Trust/Aberdeen Global Opportunity Income Fund Declares its Monthly Common Share Distribution of $0.07 Per Share for September

WHEATON, Ill.–(BUSINESS WIRE)–First Trust/Aberdeen Global Opportunity Income Fund (the “Fund”) (NYSE: FAM) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.07 per share payable on September 17, 2018, to shareholders of record as of September 5, 2018. The ex-dividend date is expected to be September 4, 2018. The monthly …

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Moody’s Completes Acquisition of Omega Performance

NEW YORK–(BUSINESS WIRE)–Moody’s Corporation (NYSE:MCO) announced today that it has completed its acquisition of Omega Performance, a leading provider of online credit training. Moody’s announced its intention to acquire Omega Performance, a business unit of TwentyEighty Inc, on July 8, 2018. Omega Performance offers a wide range of online credit training courses to clients worldwide and …

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FVCBankcorp Announces Proposed Registered Offering of Common Stock

FAIRFAX, Va.–(BUSINESS WIRE)–FVCBankcorp, Inc. (“FVCB”) (OTCQX: FVCB), announced today that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission for a proposed underwritten offering of newly issued shares of its common stock, $0.01 par value, for a total offering of up to approximately $35 million, excluding the underwriters’ overallotment …

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KBRA Assigns Preliminary Ratings to Cazenovia Creek Funding II, LLC & Caz Creek TX, LLC, Series 2018-1 Notes

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) announces the preliminary ratings to two note classes of Cazenovia Creek Funding II, LLC & Caz Creek TX, LLC, Series 2018-1, a property tax lien ABS transaction. This transaction represents the second term securitization for Cazenovia Creek Investment Management, LLC (“Caz Creek”, “the Company”, or the “Manager”). The …

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Francisco Partners Completes Acquisition of Verifone

Mike Pulli assumes role of CEO at Verifone SAN JOSE, Calif. & SAN FRANCISCO–(BUSINESS WIRE)–Verifone Systems, Inc. (“Verifone” or the “Company”), a global leader in payment and commerce solutions, today announced that it has been acquired by an investor group led by Francisco Partners, a leading technology focused private equity firm, and including British Columbia …

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Morgan Stanley Energy Partners and Catalyst Energy Services Announce Strategic Partnership

MIDLAND, Texas–(BUSINESS WIRE)–Investment funds managed by Morgan Stanley Energy Partners (collectively, “MSEP”), part of Morgan Stanley Investment Management, and Midland, Texas-based Catalyst Energy Services LLC (“Catalyst” or the “Company”) announced today a strategic partnership whereby MSEP has made a majority equity investment in Catalyst to support the growth of the Company’s pressure pumping and other …

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NVIDIA RTX Platform Brings Real-Time Ray Tracing and AI to Barrage of Blockbuster Games

COLOGNE, Germany, Aug. 20, 2018 (GLOBE NEWSWIRE) — Gamescom — Following the introduction of the first NVIDIA Turing™ architecture-based GeForce RTX™ gaming GPUs, NVIDIA today announced that a barrage of blockbuster games — led by Battlefield™ V and Shadow of the Tomb Raider — are being developed on the NVIDIA RTX™ platform, enabling real-time ray tracing and all-new AI …

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10 Years in the Making: NVIDIA Brings Real-Time Ray Tracing to Gamers with GeForce RTX

COLOGNE, Germany, Aug. 20, 2018 (GLOBE NEWSWIRE) — Gamescom—NVIDIA today unveiled the GeForce RTX™ series, the first gaming GPUs based on the new NVIDIA Turing™ architecture and the NVIDIA RTX™ platform, which fuses next-generation shaders with real-time ray tracing and all-new AI capabilities. This new hybrid graphics capability represents the biggest generational leap ever in …

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Avtex Broadens Scope and Functionality with Acquisition of Adapt Telephony Services

Avtex and Adapt positioned to drive continued innovation and deliver more impactful solutions and services to clients MINNEAPOLIS–(BUSINESS WIRE)–Avtex, an end-to-end Customer Experience (CX) consulting firm, announced today its acquisition of Adapt Telephony Services, LLC, a contact center solutions provider based in the Chicago area. As a long-term partner of Genesys®, the global leader in …

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