ETN

UBS Announces Redemption of the ETRACS NYSE® Pickens Core Midstream™ Index ETN

Retrieved on: 
Monday, May 8, 2023
Banking, Professional Services, Finance, ETN, Sale, UBS, Zorg, UBS AG, News, Risk, Insurance, Security (finance)

It is possible that the discontinuance of further issuances of the ETNs by UBS AG may influence the market value of the ETNs.

Key Points: 
  • It is possible that the discontinuance of further issuances of the ETNs by UBS AG may influence the market value of the ETNs.
  • In addition, on the redemption date, holders will receive the Call Settlement Amount as described in the prospectus supplement but will not receive any premium thereto.
  • If investors elect to redeem any such ETNs, any redemption will be at the redemption value set forth in the prospectus supplement and will not include any premium above that value.
  • These statements could contain words such as “possible,” “intend,” “will,” “may,” “intends,” “would,” “if,” “expect,” “potentially” or other similar expressions.

UBS Declares Coupon Payments on 5 ETRACS Exchange Traded Notes

Retrieved on: 
Friday, May 5, 2023
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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 declares quarterly dividend payable May 26, 2023

Retrieved on: 
Tuesday, April 25, 2023
Hardware, Oil, Gas, Automotive Manufacturing, Alternative Energy, Energy, Manufacturing, Technology, Other Technology, Other Manufacturing, Machinery, Software, Machine Tools, Metalworking & Metallurgy, Other Energy, Utilities, Engineering, ETN, Quality of life, Multimedia, Environment, NYSE

The Board of Directors of intelligent power management company Eaton (NYSE:ETN) today declared a quarterly dividend of $0.86 per ordinary share.

Key Points: 
  • The Board of Directors of intelligent power management company Eaton (NYSE:ETN) today declared a quarterly dividend of $0.86 per ordinary share.
  • The dividend is payable May 26, 2023, to shareholders of record at the close of business on May 8, 2023.
  • Eaton has paid dividends on its shares every year since 1923.
  • Founded in 1911, Eaton is marking its 100th anniversary of being listed on the New York Stock Exchange.

Eaton Acquires 49% Stake in Jiangsu Ryan Electrical Co. Ltd.

Retrieved on: 
Monday, April 24, 2023
Engineering, Other Energy, Utilities, Manufacturing, Alternative Energy, Energy, Ryan, ETN, Electricity, Quality of life, Multimedia, Acquisition, Electricity sector of the United States, Environment, NYSE, Cryptocurrency, Renewable energy

Intelligent power management company Eaton (NYSE:ETN) today announced it has completed the acquisition of a 49% stake in Jiangsu Ryan Electrical Co. Ltd. (Ryan), a manufacturer of power distribution and sub-transmission transformers in China with revenues of approximately $100 million in 2022.

Key Points: 
  • Intelligent power management company Eaton (NYSE:ETN) today announced it has completed the acquisition of a 49% stake in Jiangsu Ryan Electrical Co. Ltd. (Ryan), a manufacturer of power distribution and sub-transmission transformers in China with revenues of approximately $100 million in 2022.
  • View the full release here: https://www.businesswire.com/news/home/20230424005277/en/
    Eaton acquires 49% stake in Jiangsu Ryan Electrical Co. Ltd. (Photo: Business Wire)
    “The powerful combination of Ryan’s high-quality products and Eaton’s global distribution will enable us to better serve customers in Asia Pacific and around the world,” said Howard Liu, president, Asia-Pacific Region, Electrical Sector, Eaton.
  • “Together, we’ll be well-positioned to provide the solutions for the transition to more renewable energy and electrical content in a variety of applications.”
    Jiangsu Ryan Electrical Co. Ltd. is located in Nantong, Jiangsu, China.
  • Eaton is an intelligent power management company dedicated to improving the quality of life and protecting the environment for people everywhere.

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

Retrieved on: 
Thursday, April 20, 2023
Professional Services, Finance, MAKE, Indian Sugar Mills Association, Index fund, Investment, Average revenue per user, MLP, Internal Revenue Service, ETN, Tax, Index, Asset-backed security, Risk, Zorg, Disease, AIB (NI), Face, FCAL, Infection, Corporation, Internal Revenue Code, Adviser, FINRA, United States Department of the Treasury, Credit, Book, Recession, FTA, Vaccine, Federal Deposit Insurance Corporation, Uncertainty, Loss, ETF, ERISA, LIBOR, COVID-19, Nasdaq, Inc., Terrorism, Judgement, Government, United, Fraud, FSMB, FTP, Real estate investment trust, Prospectus, London Interbank Bid Rate, FMB, Internal Revenue Code section 409A, Financial adviser, Bank, Life insurance, Security (finance), Public utility, Fund

FTA has collective assets under management or supervision of approximately $195 billion as of March 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 $195 billion as of March 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.

Barclays Announces the Redemption of 21 iPath® ETNs

Retrieved on: 
Tuesday, April 18, 2023
Banking, Professional Services, Finance, Barclays Capital Inc. v. Theflyonthewall.com, Inc., ETN, DTC, Zorg, Prospectus, Barclays, Risk, EDGAR, Security (finance), Financial adviser

In addition, Barclays has announced that, effective immediately, it is waiving in full the minimum redemption size relating to each series of ETNs, and, subject to the conditions and procedures described in the prospectus for the relevant series of ETNs, holders of the ETNs can redeem their ETNs to Barclays with no minimum number of ETNs.

Key Points: 
  • In addition, Barclays has announced that, effective immediately, it is waiving in full the minimum redemption size relating to each series of ETNs, and, subject to the conditions and procedures described in the prospectus for the relevant series of ETNs, holders of the ETNs can redeem their ETNs to Barclays with no minimum number of ETNs.
  • For more information regarding the issuer redemption, including how the redemption value is determined, please see the prospectus relating to each affected series of ETNs under the heading “Specific Terms of the ETNs”.
  • Holders of ETNs subject to issuer redemption may choose to continue to hold their ETNs until the Redemption Date or choose to sell/redeem their ETNs at a suitable time prior to that, subject to the paragraph below.
  • As described in the prospectus for each series of ETNs, the Valuation Date for the issuer redemption will be the “final valuation date” for each series of ETNs.

Eaton to Announce First Quarter 2023 Earnings on May 2, 2023

Retrieved on: 
Tuesday, April 18, 2023
Hardware, Automotive Manufacturing, Aerospace, Energy, Manufacturing, Alternative Vehicles, Fuels, Technology, EV, Electric Vehicles, Batteries, Other Manufacturing, Machinery, Automotive, Machine Tools, Metalworking & Metallurgy, Other Energy, Engineering, ETN, Quality of life, News, NYSE, Environment, Cryptocurrency

Intelligent power management company Eaton (NYSE:ETN) will announce first quarter 2023 earnings on Tuesday, May 2, 2023, before the opening of the New York Stock Exchange.

Key Points: 
  • Intelligent power management company Eaton (NYSE:ETN) will announce first quarter 2023 earnings on Tuesday, May 2, 2023, 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 first 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 First 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 12 ETRACS Exchange Traded Notes

Retrieved on: 
Thursday, April 6, 2023
Professional Services, Finance, Index, ETN, Tax, Zorg, Current yield, Name, Prospectus, Online shopping

** “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.

UBS Launches New ETN Linked to the Solactive Whitney U.S. Critical Technologies CNTR Index

Retrieved on: 
Friday, March 31, 2023
Banking, Professional Services, Finance, ETN, UBS, Investment banking, Life insurance, Security (finance)

UBS Investment Bank today announced the recent listing of a new ETN linked to the Solactive Whitney U.S. Critical Technologies CNTR Index, which is specified in the table below.

Key Points: 

UBS Investment Bank today announced the recent listing of a new ETN linked to the Solactive Whitney U.S. Critical Technologies CNTR Index, which is specified in the table below.

Credit Suisse Announces Coupon Amount on its Credit Suisse S&P MLP Index ETN (ticker symbol "MLPO")

Retrieved on: 
Thursday, April 6, 2023
Credit Suisse, Asset management, Partnership, MLP, Risk, ETN, Writing, CS, Multimedia, EDGAR, Prospectus, Index, Sale, Market, Current yield, Growth, Zorg, CSGN, Security (finance), Supplement, Online shopping, Financial adviser

† The Current Yield, which is based on the ETN's Coupon Amount, is not indicative of future quarterly Coupon Amounts, if any, on the ETNs.

Key Points: 
  • † The Current Yield, which is based on the ETN's Coupon Amount, is not indicative of future quarterly Coupon Amounts, if any, on the ETNs.
  • There can be no assurance that the MLPs included in the index will make any distributions in any future period.
  • Any payment on the ETN is subject to Credit Suisse's ability to pay its obligations as they become due.
  • The ETNs are subject to the credit risk of Credit Suisse.