Loading…
Loading…
ALISO VIEJO, Calif.--(BUSINESS WIRE)-- #AI--UST has acquired Intecrowd LLC (Intecrowd), a Workday Partner specializing in strategic deployments and full lifecycle support for Workday solutions.
Volkswagen's Audi Group said on Wednesday it had entered a strategic partnership with U.S.-based technology company UST, which will acquire a majority stake in Italy-based design and engineering unit Italdesign.
LONDON--(BUSINESS WIRE)-- #AI--UST and Experian announce strategic partnership to deliver AI-enabled product innovation.
Strategic move strengthens UST's presence in the dynamic intelligent automation market while laying the foundation for further growth amidst new demand ALISO VIEJO, Calif. , Oct. 2, 2024 /PRNewswire/ -- UST , a leading digital transformation solutions company, has acquired the automation unit of Information Services Group (ISG), strengthening its position in the intelligent automation space and positioning the company for future growth in a dynamic market.
Calgary, Alberta--(Newsfile Corp. - September 19, 2024) - Suncor Energy Inc. (TSX: SU) (NYSE: SU) ("Suncor") announced today the commencement of tender offers to purchase for cash certain of its outstanding series of notes listed in the table below (collectively, the "Notes") for an aggregate purchase price, excluding accrued and unpaid interest, of up to C$800 million (collectively, the "Tender Offers"). Title of Security (1) CUSIP/ISIN Principal Amount Outstanding Maximum Amount (2) Acceptance Priority Level (3) Par Call Date (4) Maturity Date Reference Security Bloomberg Reference Page Fixed Spread (5)(6) Pool 1 Tender Offers 6.50% Notes due 2038 867229AE6 / US867229AE68 US$954,042,000 C$700,000,000 1 N/A June 15, 2038 3.875% UST due August 15, 2034 FIT1 135 6.80% Notes due 2038(7) 71644EAJ1 / US71644EAJ10 US$881,081,000 2 N/A May 15, 2038 3.875% UST due August 15, 2034 FIT1 140 Pool 2 Tender Offers 3.10% Series 6 Medium Term Notes due 2029 86721ZAP4 / CA86721ZAP41 C$78,743,000 C$100,000,000 1 February 24, 2029 May 24, 2029 2.25% Government of Canada Bond due June 1, 2029 FIT CAN0-50 120 3.00% Series 5 Medium Term Notes due 2026 86721ZAM1 / CA86721ZAM10 C$115,182,000 2 June 14, 2026 September 14, 2026 1.50% Government of Canada Bond due June 1, 2026 FIT CAN0-50 70 6.00% Notes due 2042(8) 13643EAH8, C18885AF7 / US13643EAH80, USC18885AF71 US$31,625,000 3 October 1, 2041 April 1, 2042 4.125% UST due August 15, 2044 FIT1 200 5.35% Notes due 2033(7) 716442AH1 / US716442AH16 US$118,367,000 4 N/A July 15, 2033 3.875% UST due August 15, 2034 FIT1 105 5.95% Notes due 2035(7) 71644EAG7 / US71644EAG70 US$199,271,000 5 N/A May 15, 2035 3.875% UST due August 15, 2034 FIT1 125 5.00% Series 7 Medium Term Notes due 2030 86721ZAQ2 / CA86721ZAQ24 C$154,041,000 6 January 9, 2030 April 9, 2030 1.25% Government of Canada Bond due June 1, 2030 FIT CAN0-50 125 5.39% Series 4 Medium Term Notes due 2037 86721ZAB5 / CA86721ZAB54 C$279,124,000 7 N/A March 26, 2037 2.75% Government of Canada Bond due December 1, 2055 FIT CAN0-50 165 (1) The 6.50% Notes due 2038, 6.80% Notes due 2038, 6.00% Notes due 2042, 5.35% Notes due 2033 and 5.95% Notes due 2035 are referred to herein as the "US$ Notes.
The Federal Reserve's rate hikes in 2022 have significantly impacted bond prices, especially those with higher durations. Bond ETFs with longer maturities offer potential upside if rates return to 2-2.5%, despite the current yield curve inversion. The Simplify Intermediate Term Treasury Futures Strategy ETF (TYA) leverages T-Bills to secure 10-year UST futures, optimizing yield and duration.
Focus expansion for the Boardwalk Velocity Product into Financial Services Sector CUPERTINO, Calif. , June 10, 2024 /PRNewswire/ - (TSXV: BWLK) (OTCQB: BWLKF) - Boardwalktech Software Corp. ("Boardwalktech" or the "Company"), a leading digital ledger platform and enterprise software solutions company, and UST, a leading digital transformation solutions company with operations in more than 30 countries and over 33,000 employees, are pleased to announce that the companies have entered into a teaming agreement with a shared focus on the banking and financial services industry.
Discover SCENEHow much worse could things get? In mid-January, perhaps convinced that the bottom was in, an anonymous NFT trader swept up over 100 Bored Ape Yacht Club NFTs once the collection plummeted to startlingly low prices not seen since 2021. NFTBored Ape Yacht ClubBut in crypto—and these days, especially in NFTs—things can always get worse. Since January, the entry-level price for Bored Ape NFTs has nosedived even further, leaving the unlucky trader with millions of dollars in losses, as spotted by pseudonymous crypto trader and influencer Cirrus over the weekend.CirrusOver the course of a few weeks in mid-January, the trader used popular NFT marketplace Blur to buy up 111 of the cheapest Bored Apes available—a move commonly referred to as “sweeping the floor” of an NFT collection. In the following months, they bought 12 more.traderGuy who tried to time the bottom of BAYC 4 months ago by sweeping more than 1% of the supply when they broke below 25E is now down ~1,400E ($4,300,000) pic.twitter.com/NWvql2sJS7pic.twitter.com/NWvql2sJS7— Cirrus (@CirrusNFT) May 19, 2024May 19, 2024The Apes were all purchased for prices between 22 and 25 Ethereum (ETH), which evened out—based on fluctuations in the cryptocurrency’s price—to roughly $56,000 per NFT on average. EthereumThough hindsight tells a different story, it makes sense why that price tag may have seemed like a steal. In their heyday, when Bored Ape NFTs were touted by celebrities, talk show hosts, and small businesses alike in early 2022, you couldn’t get your hands on one for less than $429,000 at one point. Individual Bored Apes routinely sold for millions of dollars a piece.celebritiestalk show hostssmall businessesfor less than $429,000soldBut the crypto bear market that kicked off in 2022 zapped BAYC of its untouchable star power. While a few of the NFT ecosystem’s pioneering brands have managed to weather the storm—multiple CryptoPunks have sold for more than $12 million apiece since March, for example—Bored Apes have continued to crater. CryptoPunksmorethan$12 millionAt writing, the floor price for BAYC—effectively, the lowest price for any NFT in the collection—hovers around 13 ETH, or $41,000, according to CoinGecko. CoinGeckoThat means that the anonymous trader’s gutsy Bored Ape gambit has already incurred over $1.85 million worth of unrealized losses. They’ve sold a handful of the Apes, but still own 107 of them. It’s unclear whether that statistic will improve if they continue to hold on. Ever since Bored Apes began slipping in May 2022, the same week that the crypto market unraveled after the historic collapse of UST and LUNA, they have continually shed value—and never meaningfully recovered any.UST and LUNAEdited by Andrew HaywardAndrew Hayward