On Thursday, Royal Bank of Canada (NYSE:RY)’s shares declined -0.24% to $63.65.
Royal Bank of Canada (RY) declared a coupon payment for the RBC Yorkville MLP Distribution Growth Leaders Exchange-Traded Note (ETN). The note is traded on the NYSE Arca Exchange with ticker YGRO and linked to the Yorkville MLP Distribution Growth Leaders LiquidSM PR Index.
The ETN provides access to the return of the 25 MLPs exhibiting the highest distribution growth among liquid MLPs. The RBC Yorkville MLP Distribution Growth Leaders exchange traded notes are senior, unsecured debt securities issued by RBC that are linked to the return of the Yorkville MLP Distribution Growth Leaders Liquid PR Index.
The RBC Yorkville MLP Distribution Growth Leaders ETN pays a variable quarterly coupon linked to the cash distributions, if any, on the respective underlying index constituents, less investor fees and withholding taxes, if any. Variations in the amount of quarterly distributions may lead to large variations in the current yield as calculated above. As such, the current yield is not necessarily indicative of future coupon payments, if any, on the ETN.
Royal Bank of Canada, together with its auxiliaries, operates as a diversified financial service company worldwide. The company operates through five segments: Personal & Commercial Banking, Wealth Administration, Insurance, Investor & Treasury Services, and Capital Markets.
Youku Tudou Inc (ADR) (NYSE:YOKU)’s shares dropped -0.80% to $29.73.
Youku Tudou Inc (ADR) (YOKU) has partnered with Disney to be the exclusive online movie marketing platform in China for its Marvel collection of movies and TV series. This cooperation will see the popularity of Disney’s Marvel brand and Youku Tudou’s position as the #1 online video platform to drive online marketing through promotion of trailers, online ticketing, live events and original programming dedicated to silver screen movies.
Youku Tudou’s strength as the leading online movie marketing platform in China comes from its market position. Leveraging its 500 million unique monthly users across screens, marketing efforts are able to disseminate across Youku Tudou’s media and entertainment ecosystem resulting in greater audience impact than traditional offline movie advertising. Disney and Marvel titles resonate with Youku Tudou’s audience with over 530 million cumulative views of titles across movies, television series, trailers, Youku Tudou original productions, and live-streaming.
Youku Tudou Inc. operates as an Internet television company in the People’s Republic of China. Its Internet television platform enables users to search, view, and share video content across various devices. The company’s services for users comprise online video content library comprising primarily of professionally produced content, counting television serial dramas, movies, current event reports, variety shows, and music videos.
At the end of Thursday’s trade, RR Donnelley & Sons Co (NASDAQ:RRD)‘s shares dipped -1.87% to $18.93.
RR Donnelley & Sons Co (RRD) declared that it has accomplished its formerly declared acquisition of Courier Corporation, one of America’s major book manufacturers in addition to a leader in content administration and customization in new and traditional media.
R.R. Donnelley & Sons Company provides integrated communications solutions to private and public sector clients in the United States and internationally. The company operates through Publishing and Retail Services, Variable Print, Planned Services, and International segments.
Lincoln National Corporation (NYSE:LNC), ended its Thursday’s trading session with 0.72% gain, and closed at $61.59.
Lincoln National Corporation (LNC) declared the launch of its new OptiBlendSM Fixed Indexed Annity, a flexible premium deferred fixed indexed annuity (FIA) that blends the safety of principal protection with upside market potential.
Lincoln’s new solution offers four interest crediting strategies providing clients with a combination of growth potential and capital preservation. These choices for accumulation potential comprise: a fixed account, for those who want predictable fixed account growth – without being tied to market performance; 1-year Point-to-Point Cap and Performance triggered indexed accounts tied to the performance of the S&P 500 Index and a brand new indexed account tied to a risk controlled version of the S&P 500 Index.
Lincoln’s OptiBlend features a new Volatility-Controlled Point-to-Point Indexed Account, where the interest credit is based on the performance of the S&P 500 Daily Risk Control 5% Index, giving investors exposure to the S&P 500 Index at a set risk level. A spread will be applied to the return of the S&P 500 Daily Risk Control 5% Index to determine the interest credit a client will receive. The spread acts as a hurdle rate with all index performance over the spread credited to the client’s account. Since volatility is managed within this Index, a lower spread can be offered than one based on the S&P 500 without risk control.
Lincoln’s new FIA also offers a 7 and a 10 year surrender charge period and the option to add a Guaranteed Lifetime Withdrawal Benefit (GLWB) — Lincoln Lifetime IncomeSM Edge.
Lincoln National Corporation, through its auxiliaries, engages in multiple insurance and retirement businesses in the United States. It operates through Annuities, Retirement Plan Services, Life Insurance, and Group Protection segments. The company sells a range of wealth protection, accumulation, and retirement income products and solutions. Its products comprise fixed and indexed annuities, variable annuities, universal life insurance (UL), variable universal life insurance (VUL), linked-benefit UL, term life insurance, indexed universal life insurance, and employer-sponsored retirement plans and services, in addition to group life, disability, and dental products.
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