PCN

PIMCO Corporate & Income Strategy Fund, PIMCO High Income Fund, PIMCO Income Strategy Fund, PIMCO Income Strategy Fund II and PIMCO Corporate & Income Opportunity Fund Announce Final Results of Tender Offers for Auction Rate Preferred Shares

Retrieved on: 
Monday, April 15, 2024

NEW YORK, April 15, 2024 (GLOBE NEWSWIRE) -- PIMCO Corporate & Income Strategy Fund (NYSE: PCN), PIMCO High Income Fund (NYSE: PHK), PIMCO Income Strategy Fund (NYSE: PFL), PIMCO Income Strategy Fund II (NYSE: PFN) and PIMCO Corporate & Income Opportunity Fund (NYSE: PTY) (each, a “Fund” and, together, the “Funds”) today announced the expiration and final results of each Fund’s previously-announced voluntary tender offer (each, a “Tender Offer” and, together, the “Tender Offers”) for up to 100% of the Fund’s outstanding auction rate preferred shares (“ARPS”) at a price equal to 94.25%, with respect to PCN and PHK, 96%, with respect to PFL and PFN, and 98% with respect to PTY, of the ARPS’ per share liquidation preference of $25,000 per share (or $23,562.50 per share for PCN and PHK, $24,000 per share of PFL and PFN, and $24,500 per share for PTY) and any unpaid dividends accrued through the expiration date of the Tender Offer.

Key Points: 
  • NEW YORK, April 15, 2024 (GLOBE NEWSWIRE) -- PIMCO Corporate & Income Strategy Fund (NYSE: PCN), PIMCO High Income Fund (NYSE: PHK), PIMCO Income Strategy Fund (NYSE: PFL), PIMCO Income Strategy Fund II (NYSE: PFN) and PIMCO Corporate & Income Opportunity Fund (NYSE: PTY) (each, a “Fund” and, together, the “Funds”) today announced the expiration and final results of each Fund’s previously-announced voluntary tender offer (each, a “Tender Offer” and, together, the “Tender Offers”) for up to 100% of the Fund’s outstanding auction rate preferred shares (“ARPS”) at a price equal to 94.25%, with respect to PCN and PHK, 96%, with respect to PFL and PFN, and 98% with respect to PTY, of the ARPS’ per share liquidation preference of $25,000 per share (or $23,562.50 per share for PCN and PHK, $24,000 per share of PFL and PFN, and $24,500 per share for PTY) and any unpaid dividends accrued through the expiration date of the Tender Offer.
  • The Tender Offers expired on April 12, 2024, at 5:00 p.m. New York City time.
  • All ARPS that were validly tendered and not withdrawn during the offering period of the Tender Offers have been accepted for payment as set forth below.

Journal of Pharmaceutical Analysis Articles Provide Novel Insights into Previously Unknown Disease Mechanisms

Retrieved on: 
Tuesday, February 27, 2024

XI'AN, China, Feb. 27, 2024 /PRNewswire/ -- DCM is the leading cause of heart failure in patients with chronic diabetes, with unclear mechanisms and limited treatments. Another mystery is the regulation of cytochrome P450 enzymes (CYPs) in the central nervous system. Moreover, the link between the gut microbiome, microbiota-derived metabolites, and the progression of AD remains unknown. In the December issue of Journal of Pharmaceutical Analysis (JPA), three articles explore the interconnected pathologies of DCM, hippocampal neurotoxicity, and AD, offering a comprehensive insight.

Key Points: 
  • Moreover, the link between the gut microbiome, microbiota-derived metabolites, and the progression of AD remains unknown.
  • In the December issue of Journal of Pharmaceutical Analysis (JPA), three articles explore the interconnected pathologies of DCM, hippocampal neurotoxicity, and AD, offering a comprehensive insight.
  • Their findings, available online on 17 August 2023, were published in Volume 13, Issue 12 of the journal in December 2023.
  • Gut dysbiosis aggravates cognitive deficits, amyloid pathology and lipid metabolism dysregulation in a transgenic mouse model of Alzheimer's disease

RingCentral Modernizes Patient Care Communications for Healthcare Organizations With New EHR Integrations and Generative AI

Retrieved on: 
Monday, February 5, 2024

Powered by a new partnership with patient engagement software platform SpinSci, these EHR integrations ensure optimal and secure patient experiences, improved documentation, and reduced administrative burden.

Key Points: 
  • Powered by a new partnership with patient engagement software platform SpinSci, these EHR integrations ensure optimal and secure patient experiences, improved documentation, and reduced administrative burden.
  • “The healthcare industry is undergoing a massive transformation driven by cloud technology, and now generative AI,” said Srini Raghavan, Chief Product Officer at RingCentral.
  • RingCentral’s Patient Assist feature maps all patient and healthcare provider interactions, providing cognitive insights that streamline the care process.
  • With generative AI, healthcare providers are less burdened with manual note-taking and other administrative tasks, and can stay focused on delivering high-touch, personalized patient care.

First American Title’s Underwriter Support Services Now Includes PCN Network’s SAFEvalidation® Service

Retrieved on: 
Thursday, October 5, 2023

First American Title Insurance Company , a leading provider of title insurance and settlement services and the largest subsidiary of First American Financial Corporation (NYSE: FAF), today announced that PCN Network’s SAFEvalidation® service, a robust wire verification offering designed exclusively for title agents, is now included with First American Title’s underwriting services at no additional charge for First American insured transactions.

Key Points: 
  • First American Title Insurance Company , a leading provider of title insurance and settlement services and the largest subsidiary of First American Financial Corporation (NYSE: FAF), today announced that PCN Network’s SAFEvalidation® service, a robust wire verification offering designed exclusively for title agents, is now included with First American Title’s underwriting services at no additional charge for First American insured transactions.
  • Wire fraud is one of the biggest threats to everyone in a real estate transaction.
  • As wire fraud continues to grow, title agents need premier tools to help protect their buyers, sellers and other real estate transaction participants.
  • PCN backs up its SAFEvalidation service by providing SAFEvalidation users up to $1 million insurance protection from a third-party insurance provider per transaction that SAFEvalidation authenticates.

Certain PIMCO Closed-End Funds Announce Tender Offer Results for Auction Rate Preferred Shares

Retrieved on: 
Wednesday, September 20, 2023

PTY has accepted for payment 5,085 ARPS, which represents approximately 59.78% of its outstanding ARPS, and 3,421 ARPS remain outstanding.

Key Points: 
  • PTY has accepted for payment 5,085 ARPS, which represents approximately 59.78% of its outstanding ARPS, and 3,421 ARPS remain outstanding.
  • PCN has accepted for payment 422 ARPS, which represents approximately 44.85% of its outstanding ARPS, and 519 ARPS remain outstanding.
  • PHK has accepted for payment 581 ARPS, which represents approximately 25.02% of its outstanding ARPS, and 1,741 ARPS remain outstanding.
  • PFL has accepted for payment 1,404 ARPS, which represents approximately 77.65% of its outstanding ARPS, and 404 ARPS remain outstanding.

Certain PIMCO Closed-End Funds Announce Tender Offers for Auction Rate Preferred Shares

Retrieved on: 
Tuesday, August 15, 2023

Each Fund's Tender Offer will expire at 5:00 P.M., New York City Time, on September 18, 2023, unless the Tender Offer is extended.

Key Points: 
  • Each Fund's Tender Offer will expire at 5:00 P.M., New York City Time, on September 18, 2023, unless the Tender Offer is extended.
  • This announcement is not a recommendation, an offer to purchase or a solicitation of an offer to sell ARPS of the Funds.
  • Each Fund’s Tender Offer is conditioned on certain conditions as set forth in the Tender Offer Documents.
  • Any questions regarding the Tender Offers can be directed to the Funds’ Information Agent, Equiniti Fund Solutions, Inc., at (877) 478-5044.

Gerstein Harrow LLP Announces Securities Class Action

Retrieved on: 
Friday, August 18, 2023

Gerstein Harrow LLP announces that a securities class action, captioned Layer Zero, et.

Key Points: 
  • Gerstein Harrow LLP announces that a securities class action, captioned Layer Zero, et.
  • The Action asserts claims under the Securities Act of 1933 on behalf of a putative class of persons who purchased Pollen PCN tokens after August 9, 2022 (the “Federal Securities Class”); under California Securities laws on behalf of a putative class of persons who purchased Pollen PCN tokens after August 9, 2021 (the “California Securities Class”); and under California’s Unfair Competition Law and the Federal CARD Act on behalf of a putative class of persons who currently hold PCN tokens (the “Gift Certificate Class’’).
  • Should the Court certify a class in the Action, your ability to share in any potential recovery is not dependent upon you serving as lead plaintiff.
  • A class has not yet been certified in this Action.

AARP Pennsylvania Takes a Stand Against Elder Abuse on World Elder Abuse Awareness Day

Retrieved on: 
Thursday, June 15, 2023

HARRISBURG, Pa., June 15, 2023 /PRNewswire/ -- AARP Pennsylvania is committed to preventing elder abuse and is urging older adults and their families to remain vigilant on this year's World Elder Abuse Awareness Day, which takes place on June 15, 2023.

Key Points: 
  • HARRISBURG, Pa., June 15, 2023 /PRNewswire/ -- AARP Pennsylvania is committed to preventing elder abuse and is urging older adults and their families to remain vigilant on this year's World Elder Abuse Awareness Day, which takes place on June 15, 2023.
  • According to Mary Bach, Chair of the AARP Pennsylvania Consumer Issues Task Force, elder abuse is a serious issue that affects many older adults in Pennsylvania.
  • "Elder abuse takes many forms, including physical or emotional abuse, neglect, and financial exploitation," said Bach.
  • Stay tuned for AARP Pennsylvania's "Focus on Aging Adults" episode about Elder Abuse, airing on PCN on June 21 at 8pm.

AARP Pennsylvania Joins Governor Shapiro to Launch Master Plan for Older Adults

Retrieved on: 
Thursday, May 25, 2023

In Pennsylvania, the Master Plan is committed to building and maintaining an age- and disability-friendly Commonwealth so that every resident can live and thrive at every age and life stage.

Key Points: 
  • In Pennsylvania, the Master Plan is committed to building and maintaining an age- and disability-friendly Commonwealth so that every resident can live and thrive at every age and life stage.
  • Representing AARP Pennsylvania at today's signing was State Director Bill Johnston-Walsh and Director of State Advocacy Teresa Osborne.
  • "We thank Governor Shapiro and his administration for embracing the need to launch a Pennsylvania Master Plan initiative at the onset of their tenure," said AARP Pennsylvania State Director Bill Johnston-Walsh.
  • These realities prompted Governor Shapiro and his administration – under the leadership of the Pennsylvania Department of Aging – to commit to creating a Pennsylvania Master Plan, a step that other states, such as California, Colorado, and Massachusetts, have taken to develop a clearly articulated Master Plan.

Digi International Expands Industry-Leading Portfolio of Connectivity Solutions for Private Cellular Networks, Supporting Transmission and Distribution for Utilities

Retrieved on: 
Tuesday, February 7, 2023

Expanding its portfolio of solutions to support private cellular networks, Digi International (NASDAQ: DGII), a leading global provider of Internet of Things (IoT) solutions, connectivity products, and services, today launched new versions of its widely adopted Digi IX10 cellular router at DistribuTECH 2023 .

Key Points: 
  • Expanding its portfolio of solutions to support private cellular networks, Digi International (NASDAQ: DGII), a leading global provider of Internet of Things (IoT) solutions, connectivity products, and services, today launched new versions of its widely adopted Digi IX10 cellular router at DistribuTECH 2023 .
  • The new solution enables electric utilities to deploy private cellular networks that leverage the CBRS Band 48 shared spectrum or Anterix Band 8 900 MHz licensed spectrum.
  • (Photo: Business Wire)
    Building upon its expansive portfolio of Private Cellular Network (PCN) enabled devices, Digi IX10 is a full-featured cellular router combining trouble-free reliability with long service life.
  • Reliability – Redundant connectivity with dual SIMs and Digi SureLink® for failover from private to public networks, or dual-public networks.