Investment Types: Hedge Funds

VectoIQ Acquisition Corp. Closes $200 Million Initial Public Offering

NEW YORK, May 18, 2018 -- VectoIQ Acquisition Corp. (the "Company") today announced that it closed its initial public offering of 20,000,000 units at a price of $10.00 per unit, resulting in gross proceeds of $200,000,000, before deducting underwriting discounts and commissions and other offering expense payable by the Company. The Company's units began trading on the Nasdaq Capital Market ("Nasdaq") under the ticker symbol "VTIQU" on May 16, 2018. Each unit consists of one share of the...

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Franklin Universal Trust Declares Monthly Distribution

SAN MATEO, Calif., May 18, 2018 -- Franklin Universal Trust (NYSE:FT), a closed-end investment company managed by Franklin Advisers, Inc., announced today a distribution of $0.0320 per share, payable June 15, 2018, to shareholders of record on May 31, 2018 (Ex-Dividend Date: May 30, 2018).Distributions may vary based on the Fund’s net investment income.  Past distributions are not indicative of future trends.You may request a copy of the Fund's current Report to Shareholders by contacting...

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Franklin Universal Trust Declares Monthly Distribution

SAN MATEO, Calif., May 18, 2018 -- Franklin Universal Trust (NYSE:FT), a closed-end investment company managed by Franklin Advisers, Inc., announced today a distribution of $0.0320 per share, payable June 15, 2018, to shareholders of record on May 31, 2018 (Ex-Dividend Date: May 30, 2018).Distributions may vary based on the Fund’s net investment income.  Past distributions are not indicative of future trends.You may request a copy of the Fund's current Report to Shareholders by contacting...

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Franklin Universal Trust Declares Monthly Distribution

SAN MATEO, Calif., May 18, 2018 -- Franklin Universal Trust (NYSE:FT), a closed-end investment company managed by Franklin Advisers, Inc., announced today a distribution of $0.0320 per share, payable June 15, 2018, to shareholders of record on May 31, 2018 (Ex-Dividend Date: May 30, 2018).Distributions may vary based on the Fund’s net investment income.  Past distributions are not indicative of future trends.You may request a copy of the Fund's current Report to Shareholders by contacting...

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Franklin Limited Duration Income Trust Declares Monthly Distribution

SAN MATEO, Calif., May 18, 2018 -- Franklin Limited Duration Income Trust (NYSE American:FTF), a closed-end investment company managed by Franklin Advisers, Inc., announced today a distribution of $0.0993 per common share, payable June 15, 2018, to shareholders of record on May 31, 2018 (Ex-Dividend Date: May 30, 2018).The Fund adopted a managed distribution plan and will make monthly distributions to common shareholders at an annual minimum fixed rate of 10%, based on the average monthly net asset...

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Franklin Limited Duration Income Trust Declares Monthly Distribution

SAN MATEO, Calif., May 18, 2018 -- Franklin Limited Duration Income Trust (NYSE American:FTF), a closed-end investment company managed by Franklin Advisers, Inc., announced today a distribution of $0.0993 per common share, payable June 15, 2018, to shareholders of record on May 31, 2018 (Ex-Dividend Date: May 30, 2018).The Fund adopted a managed distribution plan and will make monthly distributions to common shareholders at an annual minimum fixed rate of 10%, based on the average monthly net asset...

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Franklin Limited Duration Income Trust Declares Monthly Distribution

SAN MATEO, Calif., May 18, 2018 -- Franklin Limited Duration Income Trust (NYSE American:FTF), a closed-end investment company managed by Franklin Advisers, Inc., announced today a distribution of $0.0993 per common share, payable June 15, 2018, to shareholders of record on May 31, 2018 (Ex-Dividend Date: May 30, 2018).The Fund adopted a managed distribution plan and will make monthly distributions to common shareholders at an annual minimum fixed rate of 10%, based on the average monthly net asset...

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Which Invoice Deadline Should One Choose? An Overview of Different Customer Payment Terms

SANTA TERESA, N.M., May 18, 2018 -- There are many different payment terms that can be extended to customers, such as net 30, net 60 or net 90. But what exactly do each of them mean? And do these payment terms benefit or restrict a business? Interstate Capital discusses the most common customer payment terms and the impact they have on a business.Although establishing and enforcing payment deadlines is critical to healthy cash flow management, most business owners would say they have...

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SmartMetric Biometric Card To Fight The $22.80 Billion In Reported Global Card Fraud Losses – United States Accounts For More Than 39% Of Global Card Fraud Losses

NEW YORK, May 18, 2018 -- SmartMetric, Inc. (OTCQB:SMME) – Payment card fraud globally has climbed to over $22 Billion in losses*.  What is alarming for USA credit card issuers is that the United States has 39% of worldwide card fraud losses.SmartMetric has created a powerful biometric fingerprint reader that sits inside a bank’s credit or debit card.  Using the cardholders fingerprint to unlock and activate the card as the card user touches the cards surface.  In less than a second...

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CareerVillage.org Joins NewSchools Future of Work Challenge

Funding and management assistance from NewSchools Venture Fund will fuel efforts to create exceptional tools to help students connect to the future of work. Palo Alto, CA, May 18, 2018 -- CareerVillage.org is proud to announce its selection as a member of the 2018 Ignite cohort at NewSchools Venture Fund.CareerVillage.org is one of 11 ed tech companies awarded funding through the NewSchools Ignite Future of Work Challenge. Each cohort member is committed to create or expand an innovative ed tech...

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GID and Black Bear Announce Massachusetts Solar Projects

It has been a pleasure working with GID and DHD, and to see these projects get underway. The Massachusetts market provides great opportunity for commercial property owners to realize additional value from their existing portfolio commented Drew Torbin, Black Bear Energy’s Chief Executive Officer. BOULDER, Colo. May 18, 2018 Multifamily real estate investment firm, GID Investment Advisers, and Black Bear Energy, the leading owner’s representative for onsite renewables, today announced...

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Washington Business Journal Lists Abiud Zerubabel, Chairman of Acumen Companies as 2018 40 Under 40 Honoree

Press Release - updated: May 18, 2018 15:04 EDT WASHINGTON, May 18, 2018 - Acumen Companies congratulates its Chairman, Abiud Zerubabel for being recognized by the Washington Business Journal as one of their 2018 40 under 40 honorees. This honor has been bestowed upon Abiud for outstanding achievement and entrepreneurial spirit at a young age. Abiud’s lengthy list of achievements, as well as his community service and philanthropic work, made him an easy choice out of a pool of over 450 nominees...

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New Keno Game Making Winners Across Pennsylvania

MIDDLETOWN, Pa., May 18, 2018 -- Keno, a new game with drawings every four minutes, is making winners all across Pennsylvania. Keno has already awarded more than $1.3 million in prizes since the game launched on May 1. Keno play starts at $1. Players choose up to 10 numbers, or spots, from 1 to 80. A computer randomly draws 20 winning numbers. The more spots players match, the more they can win. "Keno has received a very enthusiastic response from our players," said Lottery Executive...

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Apis Capital Management launches the first tokenized hedge fund with a proven track record

NEW YORK, May 18, 2018 -- The new Apis Token will enable investors to profit from an actively managed investment strategy, which has returned over 70% per year since inception, while benefiting from the liquid and tradeable nature of blockchain-based tokens. The token will begin its private presale this June, is built using the Steller network and leverages its state of the art blockchain technology that benefits from best in class speed, efficiency, security and lowest transaction fees....

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Sherry Chen Continues Quest for Justice After Favorable Ruling

WASHINGTON, May 18, 2018 -- Award-winning hydrologist Sherry Chen continues her quest for justice at a press conference convened by Asian American non-profit organizations and joined by members of the Congressional Asian Pacific American Caucus. Sherry, a U.S. citizen who worked for the National Weather Service predicting floods, was the victim of "gross injustice," according to a decision just issued by a judge of the Merit Systems Protection Board. The judge ordered the federal Department...

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Which Invoice Deadline Should One Choose? An Overview of Different Customer Payment Terms

Interstate Capital discusses the most common customer payment terms and the impact they have on a business. SANTA TERESA, N.M., May 18, 2018 - ​There are many different payment terms that can be extended to customers, such as net 30, net 60 or net 90. But what exactly do each of them mean? And do these payment terms benefit or restrict a business? Interstate Capital discusses the most common customer payment terms and the impact they have on a business. Although establishing and enforcing...

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