ETN

MicroSectors™ Launches FANG & Innovation Exchange Traded Notes on NYSE Arca

Retrieved on: 
Tuesday, August 17, 2021

NEW YORK, Aug. 17, 2021 /PRNewswire/ -REX Shares, LLC (REX) has announced the launch of two new MicroSectors Exchange Traded Notes (ETNs) issued by Bank of Montreal("BMO") linked to the Solactive FANG Innovation Index (symbol: SOLFANGT).

Key Points: 
  • NEW YORK, Aug. 17, 2021 /PRNewswire/ -REX Shares, LLC (REX) has announced the launch of two new MicroSectors Exchange Traded Notes (ETNs) issued by Bank of Montreal("BMO") linked to the Solactive FANG Innovation Index (symbol: SOLFANGT).
  • MicroSectors Solactive FANG & Innovation 3x Leveraged ETN (BULZ) and MicroSectors Solactive FANG & Innovation -3x Inverse Leveraged ETN (BERZ) will start trading tomorrow on NYSE Arca.
  • "For sophisticated investors, the addition of the Solactive FANG & Innovation ETNs to our leveraged ETN line-up will provide greater choice when investing in these key sectors.
  • "We are thrilled to partner with BMO and Solactive on another pair of leveraged and inverse leveraged exchange traded notes.

DeFi Technologies Reports Valour ETN AUM at $107M with liquid assets of CA$28.67M with Q2 2021 Financial Results

Retrieved on: 
Monday, August 16, 2021

Transaction cost to acquire DeFi Holdings was a one-time item that occurred in Q1 2021 and was a pure share swap transaction.

Key Points: 
  • Transaction cost to acquire DeFi Holdings was a one-time item that occurred in Q1 2021 and was a pure share swap transaction.
  • Weak crypto market during Q2 of 2021 contributed to the digital currency losses.
  • As of yet Valour has limited marketing of the Valour products and are only on NGM.
  • Additionally, Valour only just launched ADA and DOT products in late Q2 2021.

Nevada Jury Awards Electrician $15.6 Million in Mesothelioma Case

Retrieved on: 
Friday, August 13, 2021

RENO, Nev., Aug. 13, 2021 /PRNewswire/ --The attorneys of Dean Omar Branham Shirley LLP secured a $15.6 million verdict on behalf of a Fernley, Nevada, anelectrician who contracted mesothelioma after working with asbestos-containing components manufactured by Eaton Corp. (NYSE: ETN).

Key Points: 
  • RENO, Nev., Aug. 13, 2021 /PRNewswire/ --The attorneys of Dean Omar Branham Shirley LLP secured a $15.6 million verdict on behalf of a Fernley, Nevada, anelectrician who contracted mesothelioma after working with asbestos-containing components manufactured by Eaton Corp. (NYSE: ETN).
  • Working as an industrial, commercial and residential electrician for more than 50 years, John Wagner maintained motor starters and controllers manufactured by Eaton/Cutler-Hammer.
  • This work included sanding, filing, and manipulating the plastic molded housings and arc shields which, unknown to Mr. Wagner, contained asbestos.
  • The case is John C. Wagner and Denise A. Wagner v. Eaton Corp., No CV19-01303 in the Washoe County Second Judicial District Court of Nevada.

UBS Declares Coupon Payments on 5 ETRACS Exchange Traded Notes

Retrieved on: 
Monday, August 9, 2021

As such, the Current Yield for each is not indicative of future coupon payments, if any, on these ETNs.

Key Points: 
  • As such, the Current Yield for each is not indicative of future coupon payments, if any, on these ETNs.
  • ETRACS ETNs are senior unsecured notes issued by UBS AG, are traded on NYSE Arca, and can be bought and sold through a broker or financial advisor.
  • The applicable offering document for each ETRACS may be obtained by clicking on the name of each ETRACS identified above.
  • The key symbol, UBS and ETRACS are among the registered and unregistered trademarks of UBS.

Eaton Named to FTSE4Good Index Series

Retrieved on: 
Friday, August 6, 2021

Power management company Eaton (NYSE:ETN) today announced it has been selected for inclusion in the FTSE4Good Index Series for the fifth consecutive year.

Key Points: 
  • Power management company Eaton (NYSE:ETN) today announced it has been selected for inclusion in the FTSE4Good Index Series for the fifth consecutive year.
  • The FTSE4Good Index Series was created by the global index and data provider FTSE Russell and is designed to measure the performance of companies demonstrating strong environmental, social and governance (ESG) practices.
  • The FTSE4Good indexes are used by investors to create and assess responsible investment funds and other products.
  • Were honored to be included in the FTSE4Good Index Series for the fifth year running, said Yan Jin, senior vice president, Investor Relations, Eaton.

Eaton Completes Acquisition of Cobham Mission Systems

Retrieved on: 
Tuesday, June 1, 2021

Power management company Eaton (NYSE:ETN) today announced it has completed the acquisition of Cobham Mission Systems.

Key Points: 
  • Power management company Eaton (NYSE:ETN) today announced it has completed the acquisition of Cobham Mission Systems.
  • Cobham is a leading manufacturer of air-to-air refueling systems, environmental systems, and actuation, primarily for defense markets.
  • Were excited to welcome the Cobham team to Eaton, said Heath Monesmith, president and chief operating officer, Industrial Sector, Eaton.
  • This acquisition, along with our prior acquisition of Souriau-Sunbank , positions our Aerospace business well for the future.

Eaton Acquires Green Motion SA, Expanding Electric Vehicle Charging Capabilities

Retrieved on: 
Monday, March 22, 2021

Power management company Eaton (NYSE:ETN) today announced it has acquired Green Motion SA, a leading designer and manufacturer of electric vehicle charging hardware and related software.

Key Points: 
  • Power management company Eaton (NYSE:ETN) today announced it has acquired Green Motion SA, a leading designer and manufacturer of electric vehicle charging hardware and related software.
  • Green Motion is based in Switzerland.
  • Energy transition around the world is rapidly gathering momentum, and Eaton is well positioned to contribute to society and benefit from this important trend, said Uday Yadav, president and chief operating officer, Electrical Sector, Eaton.
  • Electric vehicle charging infrastructure is among the areas where we expect to see significant growth over the next decade.

Eaton Completes the Acquisition of Souriau-Sunbank Connection Technologies

Retrieved on: 
Friday, December 20, 2019

Power management company Eaton Corporation plc (NYSE:ETN) today announced it has completed the acquisition of the Souriau-Sunbank Connection Technologies business of TransDigm Group Incorporated for $920 million.

Key Points: 
  • Power management company Eaton Corporation plc (NYSE:ETN) today announced it has completed the acquisition of the Souriau-Sunbank Connection Technologies business of TransDigm Group Incorporated for $920 million.
  • I am delighted to welcome the Souriau-Sunbank team to Eaton, said Craig Arnold, Eaton chairman and chief executive officer.
  • Eaton is dedicated to improving the quality of life and the environment through the use of power management technologies and services.
  • Eaton has approximately 103,000 employees and sells products to customers in more than 175 countries.

MicroSectors Launches First Leveraged Cannabis-Linked Exchange Traded Product in the U.S.

Retrieved on: 
Wednesday, December 11, 2019

MJO, an Exchange-Traded Note (ETN), is linked to MSMJ, the Indxx MicroSectors North American Cannabis Index, and will seek to provide 2x leveraged exposure to the Index.

Key Points: 
  • MJO, an Exchange-Traded Note (ETN), is linked to MSMJ, the Indxx MicroSectors North American Cannabis Index, and will seek to provide 2x leveraged exposure to the Index.
  • In addition, REX announced the launch of MJJ, a 1x version of the Exchange Traded Notes linked to the Index.
  • The MicroSectors Cannabis 2x Leveraged ETN (symbol: MJO) and MicroSectors Cannabis Index ETN (symbol: MJJ) started trading today on NYSE Arca.
  • As the first leveraged exchange-traded cannabis product available in the U.S., MJO opens up new trading possibilities for sophisticated investors.