ETN

UBS Declares Coupon Payments on 5 ETRACS Exchange Traded Notes

Retrieved on: 
Friday, February 2, 2024

For more information on each ETRACS ETN, see “ List of ETNs ”.

Key Points: 
  • For more information on each ETRACS ETN, see “ List of ETNs ”.
  • ** “Current Yield (annualized)” equals the current Coupon Amount and the two immediately preceding Coupon Amounts, multiplied by four (to annualize such coupons), divided by the closing Current Indicative Value of the ETN on its current Coupon Valuation Date rounded to two decimal places for ease of analysis.
  • The Current Yield is not indicative of future coupon payments, if any, on the ETN.
  • As such, the Current Yield is not indicative of future coupon payments, if any, on these ETNs.

Eaton achieves Mansfield Rule certification: Legal Department Edition 3.0

Retrieved on: 
Wednesday, January 24, 2024

Intelligent power management company Eaton (NYSE:ETN) today announced that its Legal Department has achieved Certification for the Diversity Lab’s Mansfield Rule: Legal Department (MRLD) Edition 3.0.

Key Points: 
  • Intelligent power management company Eaton (NYSE:ETN) today announced that its Legal Department has achieved Certification for the Diversity Lab’s Mansfield Rule: Legal Department (MRLD) Edition 3.0.
  • “This achievement further demonstrates Eaton’s commitment to being a model of inclusion and diversity in our industry,” said Terry Szmagala, executive vice president and chief legal officer, Eaton.
  • We’re enrolled in the Mansfield 2023-2025 Certification program, which will bring even further accountability and rigor to strengthening the diversity of our team.”
    This follows Eaton earning 2.0 certification in 2022.
  • Based on the Diversity Lab's Mansfield Rule: Legal Department Edition 3.0 , the rigorous two-year long certification process provides organizations with a roadmap for increasing the representation of diverse lawyers in leadership roles.

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

Retrieved on: 
Monday, January 22, 2024

FTA has collective assets under management or supervision of approximately $210 billion as of December 31, 2023 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.

Key Points: 
  • FTA has collective assets under management or supervision of approximately $210 billion as of December 31, 2023 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.
  • A Fund's shares will change in value, and you could lose money by investing in a Fund.
  • However, unlike mutual funds, shares may only be redeemed directly from the Fund by authorized participants, in very large creation/redemption units.
  • In addition, a Fund's investment performance and risks may be related to the investment and performance of the underlying funds.

Eaton Cummins Endurant XD Series Transmission Now Available at International Truck

Retrieved on: 
Wednesday, January 17, 2024

Eaton Cummins Automated Transmission Technologies has announced its Endurant XD™ series automated transmission is now available in select International® truck models in North America.

Key Points: 
  • Eaton Cummins Automated Transmission Technologies has announced its Endurant XD™ series automated transmission is now available in select International® truck models in North America.
  • View the full release here: https://www.businesswire.com/news/home/20240117277265/en/
    Eaton Cummins Endurant XD series transmissions are now available in select International truck models in North America.
  • (Photo: Business Wire)
    As part of the Cummins integrated powertrain, Endurant XD and Endurant XD Pro paired with the Cummins X15 engine are available in the International LT® and HX™ models.
  • “For International fleets, the Endurant XD series delivers the capability, efficiency and uptime they demand,” said Dave Karnes, vice president of sales, Eaton Cummins.

Eaton Appoints Board Member, Olivier Leonetti, Executive Vice President and Chief Financial Officer; Expects Strong Fourth Quarter and Full-Year 2023 Results

Retrieved on: 
Wednesday, January 17, 2024

Intelligent power management company Eaton (NYSE: ETN) announced today that Olivier Leonetti has been named executive vice president and chief financial officer, effective February 5, 2024.

Key Points: 
  • Intelligent power management company Eaton (NYSE: ETN) announced today that Olivier Leonetti has been named executive vice president and chief financial officer, effective February 5, 2024.
  • However, last year, my personal situation changed, and I now need to be based with my family in Arizona.
  • Olivier and I will work together in the next few weeks to make sure the transition is seamless.
  • I have tremendous confidence in Eaton’s future and am looking forward to participating in the upcoming earnings call.”
    Leonetti joins Eaton from Johnson Controls, where he served as executive vice president and chief financial officer.

Eaton Receives Dual Honors for Its Commitment to Inclusion and Diversity

Retrieved on: 
Thursday, January 18, 2024

Second, Newsweek once again named Eaton one of America’s Greatest Workplaces for Diversity .

Key Points: 
  • Second, Newsweek once again named Eaton one of America’s Greatest Workplaces for Diversity .
  • Researchers also considered more than 21 Key Performance Indicators (KPIs) such as diversity ratio, diversity reviews and information from social media platforms.
  • “These latest recognitions reflect our commitment to being a model for inclusion and diversity in our industry,” said Cindy Fisher, vice president, Global Inclusion and Diversity, Eaton.
  • We also know there is more work to do.”
    The recognitions mark the latest in Eaton’s inclusion and diversity journey.

Eaton to Announce Fourth Quarter 2023 Earnings on February 1, 2024

Retrieved on: 
Tuesday, January 16, 2024

Intelligent power management company Eaton (NYSE:ETN) will announce fourth quarter 2023 earnings on Thursday, February 1, 2024, before the opening of the New York Stock Exchange.

Key Points: 
  • Intelligent power management company Eaton (NYSE:ETN) will announce fourth quarter 2023 earnings on Thursday, February 1, 2024, before the opening of the New York Stock Exchange.
  • The company will host a conference call at 11 a.m. Eastern time that day to discuss fourth quarter 2023 earnings results with securities analysts and institutional investors.
  • The conference call will be available through a live webcast that can be accessed via the Eaton Fourth Quarter 2023 Earnings Results link on Eaton’s home page, which is www.eaton.com .
  • Eaton is an intelligent power management company dedicated to improving the quality of life and protecting the environment for people everywhere.

UBS Declares Coupon Payments on 11 ETRACS Exchange Traded Notes

Retrieved on: 
Tuesday, January 9, 2024

** “Current Yield (annualized)” equals the current quarterly Coupon Amount, multiplied by four (to annualize such coupon), divided by the closing Current Indicative Value of the ETN on its current Coupon Valuation Date rounded to two decimal places for ease of analysis.

Key Points: 
  • ** “Current Yield (annualized)” equals the current quarterly Coupon Amount, multiplied by four (to annualize such coupon), divided by the closing Current Indicative Value of the ETN on its current Coupon Valuation Date rounded to two decimal places for ease of analysis.
  • The Current Yield is not indicative of future coupon payments, if any, on the ETN.
  • The Current Yield is not indicative of future coupon payments, if any, on the ETN.
  • As such, the Current Yield is not indicative of future coupon payments, if any, on these ETNs.

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

Retrieved on: 
Thursday, December 14, 2023

FTA has collective assets under management or supervision of approximately $201 billion as of November 30, 2023 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.

Key Points: 
  • FTA has collective assets under management or supervision of approximately $201 billion as of November 30, 2023 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.
  • Please refer to each fund’s prospectus and Statement of Additional Information for additional details on a fund’s risks.
  • In addition, a fund’s investment performance and risks may be related to the investment and performance of the underlying funds.
  • Certain funds have fewer assets than larger, more established funds, and like other relatively new funds, large inflows and outflows may impact such funds' market exposure for limited periods of time.

Eaton Cummins Endurant XD series transmission now available in Freightliner and Western Star vocational products.

Retrieved on: 
Monday, December 11, 2023

Eaton Cummins Automated Transmission Technologies has announced its Endurant XD™ series automated transmission is now available in select vocational Western Star and Freightliner models, both of which are subsidiaries of Daimler Truck North America (DTNA).

Key Points: 
  • Eaton Cummins Automated Transmission Technologies has announced its Endurant XD™ series automated transmission is now available in select vocational Western Star and Freightliner models, both of which are subsidiaries of Daimler Truck North America (DTNA).
  • View the full release here: https://www.businesswire.com/news/home/20231211067089/en/
    Eaton Cummins Endurant XD series transmissions are now available at Freightliner and Western Star.
  • (Photo: Business Wire)
    As part of the Cummins integrated powertrain, Endurant XD and Endurant XD Pro, paired with the Cummins X12 or X15 engine, are available in the Western Star 47X and 49X and the Freightliner 114SD PLUS​.
  • Eaton Cummins Automated Transmission Technologies is a 50/50 joint venture between Eaton (NYSE: ETN) and Cummins, Inc. (NYSE: CMI).