WESTFORD, Massachusetts, March 4, 2020 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global software leader in secure and intelligent cloud … “The green investor base continue to grow.”The rush of demand allowed the nation to knock a few basis points off the pricing, the latest evidence of a so-called greenium for sustainable assets. Sunak said the U.K. can do that and still retain the lowest level among the Group of Seven major economies. “The battle is on between rates going higher super-fast and a Federal Reserve that’s trying to keep the market stable and may try to slow the momentum of the reflation and economic-rebound trade into something more manageable.”Early inklings of inflation were evident in data from the Institute for Supply Management this week: Measures of prices paid jumped to their highest levels since 2008.A large trade on Wednesday in 10-year Treasury options and accompanying futures selling also fueled the leap in yields, as did heavy corporate bond supply.The rates market is not yet done fully pricing in robust U.S. economic growth, which would entail a 10-year yield trading around 1.90%, said Mark Heppenstall, chief investment officer of Penn Mutual Asset Management in Horsham, Pennsylvania. Instead, the new price would reflect the actual supply, demand and reserves during the period.“This isn’t some Monday morning quarterbacking,” she said in an interview. Barclays acted as a financial advisor to ECI and Davis Polk & Wardwell LLP and FBC & Co. served as ECI's legal advisors. www.ribboncommunications.com. AVCtechnologies Completes Strategic Acquisition of Ribbon's Kandy Communications. The market monitor argues that Ercot should have reset prices once rotating blackouts ended because, at the point, the emergency was over.It’s asking the commission to direct Ercot to correct the real-time price of electricity from 12 a.m. Feb. 18 to 9 a.m. Feb. 19. and ATLANTA, Dec. 2, 2020 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN) and American Virtual Cloud Technologies, Inc. (Nasdaq: AVCT) today announced that they have completed the previously announced acquisition of Kandy Communications (Kandy) by AVCT. Today’s ADP Non-Farm Employment Change Report could move the gold market lower if the number comes in well above the 202K forecast. “By issuing a green bond Italy ensures to have more attention from the market, therefore better bidding metrics compared to a traditional issuance. It was due to expire at the end of April but will be extended in full through the end of June, and state support will then be tapered over another three months.A fourth three-month grant for self-employed workers will be paid to cover February through April. Sunak priced this measure at 6 billion pounds.A six-month extension in the temporary reduction of value-added tax for the hospitality and attractions sectors, which will now run through September. 4 Technology Park Drive, Built on world-class technology and intellectual property, the company's cloud-native solutions deliver intelligent and secure real-time communications solutions for the cloud, network and … GameStop shares closed up 6.4% at $131.93 after earlier hitting $147.87, their highest since a surge in the heavily shorted stock late last month. Our innovative, end-to-end solutions portfolio delivers unparalleled scale, performance, agility and automation and includes optical and packet networking, core to edge IP solutions, UCaaS/ CPaaS cloud offers, and leading-edge software security and analytics tools. The Nasdaq 100 extended losses from a February peak to almost 10%, and the Russell 2000 of small caps slid 2.8%. Prince Abdulaziz is doing the opposite, because oil higher prices will eventually benefit shale producers. It’s the shale companies which are themselves changing. News Ribbon Communications and ECI Telecom Merger April 21, 2020. Ribbon Communications, Inc. is a provider of SIP and 4G/VoLTE communication equipment solutions to its customers by enabling and securing mission critical traffic for VoIP, video, IM and online collaboration. “The increasing probability of [exchange-traded] funds in the U.S., on the back of launches in Canada are adding pressure to the trust price, but we see sustaining the upward trajectory as the more likely outcome.” Bitcoin traded 8.48% lower at $47,120.70 at press time. AVCtechnologies Completes Strategic Acquisition of Ribbon’s Kandy Communications. AVCtechnologies Completes Strategic Acquisition of Ribbon's Kandy Communications USA - English USA - English News provided by. “In 2020, the benchmark crypto gained legitimacy with declining volatility vs. the opposite in most assets. The funds raised will be earmarked for projects such as renewable energy and clean transportation.A mortgage guarantee program for 95% mortgages to help people get on the property ladder.1.65 billion pounds of funding for the U.K.’s Covid vaccination drive.55 million pounds to develop vaccines against new Covid variants and to study the effects of combinations of vaccines.375 million pounds for a new public-private fund to invest in fast-growing tech start-ups.A 520 million-pound ‘Help to Grow’ program to provide small and medium-sized businesses with subsidized management training, discounted software and technology advice.A 300 million-pound summer sports recovery package to get sports such as cricket, horse racing and tennis reopened.408 million pounds of funding for museums and the arts.126 million pounds for traineeships, and an increase to 3,000 pounds in the cash incentive for hiring apprentices.150 million pounds to help community groups take over struggling local facilities such as pubs and sports clubs.A new fast-track visa program to ease entry to the U.K. for highly-skilled researchers, engineers, scientists as well as those working in the financial technology and cyber sectors.The chancellor raised the contactless payments limit for credit and debit cards to 100 pounds from 45 pounds.The Bank of England will be given a new mandate to consider net zero targets.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P. Stocks traded lower on Thursday after another technology-led selloff on Wednesday. What Happened: McGlone, who previously ascribed a $50,000 plus level for the cryptocurrency, said in a March outlook report that if the Grayscale Bitcoin Trust (OTC: GBTC) closing at its steepest discount ever is an indicator, then it may “signal [Bitcoin’s] march to $100,000.” The Greyscale premium, a metric watched closely, ended February with a 2.7% discount. The benchmark 10-year Treasury yield spiked to 1.533% after Powell's comments, which did not point to changes in the Fed's asset purchases to tackle the recent jump in yields. Join Mergr and gain access to Ribbon Communications’ M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the technology hardware sector. But Ercot left that price in place days longer than necessary, resulting in massive overcharges, according to Potomac Economics, an independent market monitor hired by the state of Texas to assess Ercot’s performance. WESTFORD, Massachusetts, March 4, 2020 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global software leader in secure and intelligent cloud communications, has completed its previously announced acquisition of ECI Telecom Group Ltd. ("ECI"), a global provider of end-to-end packet-optical transport and SDN/NFV solutions for service providers, enterprises, and data center operators. One analyst and some Twitter users pointed to a cryptic tweet by Ryan Cohen, a major shareholder of GameStop and founder of e-commerce firm Chewy.com, as a plausible reason for the move, although Reuters could not independently determine causation. From a low point of less than 7 million barrels a day in 2007, the U.S.’s total petroleum output more than doubled to hit an all-time high of almost 18 million barrels a day by early 2020, forcing the cartel to cede market share.Risky Move“This is a risky take,” Amrita Sen, chief oil analyst at consultant Energy Aspects Ltd., said Friday in a Bloomberg Television interview. The commissioners also expressed support for capping the price of certain grid services -- a request made by several retailers -- but didn’t take action on it. Ribbon Communications is a market-leading company that provides intelligent, secure, embedded real-time communications to many of the world’s largest service providers and enterprises. Although drilling has risen from the lows of 2020, it’s well below previous levels. Then a nine-month, 2/3 discount for firms that remain closed, and a lower cap for those able to reopen. Vistra Corp. on Thursday submitted comments to the utility commission arguing against repricing. & SAN JOSE, Calif.-- (BUSINESS WIRE)-- Ribbon Communications Inc. (Nasdaq: RBBN), a global leader in secure and intelligent cloud communications, today announced that it … The news followed Ribbon’s 2019, US$324 million acquisition of ECI Telecom – which provides packet optical transport products, among other solutions – and will see Bucci take on the role of executive vice president and GM of packet optical networks. The rule allows entrepreneurs without employees to calculate their loan eligibility using gross income rather than net income, making the loans far more generous, especially for businesses with little or no profit. The surge in Treasury yields has triggered fears about elevated stock valuations after a torrid equity rally from the depths of the pandemic. The actual results of Ribbon may differ materially from those contemplated by the forward-looking statements. Ribbon Communications said it has agreed to acquire ECI Telecom for $454 million in cash and stock. United States, A new report on weekly unemployment claims came in better than expected, helping boost sentiment after a disappointing print on private payroll growth came in just a day earlier. It started 125 years ago with this strange new technology, but now electric vehicles are set to become a $912 billion industry. We are immediately focused on our integration efforts to unlock revenue expansion and drive shareholder value.". With benchmark West Texas Intermediate now changing hands above $60 a barrel, some companies believe they may be able to both grow and keep shareholders happy. Meanwhile, a market proxy for the anticipated annual inflation rate for the next half-decade exceeded 2.5% for the first time since 2008 -- aided by climbing oil prices. Texas Watchdog Says Grid Operator Made $16 Billion Error, FTSE falls amid fears of rising interest rates – live updates, Oil Sands Give OPEC a Boost With Half-Million-Barrel Output Cut. The panel, which oversees the state’s power system, ordered Ercot to manually set the price at the maximum to incentivize generators to feed more electricity into the grid during the period of supply scarcity. One utility, Brazos Electric Power Cooperative, has already filed for bankruptcy, while retailers Griddy Energy LLC and Entrust Energy Inc. defaulted and have been banned from participating in the market.“The market is under quite a bit of duress,” Kenan Ogelman, Ercot’s vice president of commercial operations told Texas lawmakers Thursday. McGlone pointed to March 2017, when BTC backed up to nearly $1,000 on the way to its peak near $20,000 in December of that year. While U.S. oil companies probably won’t raise output this year, in 2022 “there’s nothing really stopping them, especially the small and mid-cap producers.”Sen sees prices hitting $70 a barrel as soon as next week, $80 by the end of the year and a possible climb to $100 in 2022.For now, U.S. total oil output remains constrained, hovering at 16 million barrels due to the impact of last year’s slump, which briefly saw benchmark prices trade below zero.Under pressure from shareholders, shale producers have promised restraint, putting profits before the growth they relentlessly pursued during the boom years. Syncrude Sweet Premium for April gained 60 cents on Thursday to $1.50 a barrel premium to WTI, the strongest price since May, NE2 Group data show.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P. https://media.zenfs.com/en/prnewswire.com/8a4f94f6ec266091991714a9307628d5, Iceland expects "relatively small" lava eruption, minor disruption to air traffic, China’s CSI 300 Index Pares Losses as Investors Focus on NPC, Bollywood, streaming giants on edge as Amazon gets flak for hurting religious beliefs in India, Texas grid operator made $16 billion price error during winter storm, watchdog says, Texas grid operator made $16 bln price error during winter storm, watchdog says, Saudis Bet ‘Drill, Baby, Drill’ Over in Push for Pricier Oil, Nasdaq ends sharply lower after Powell comments. They have had their fair share of adventure and now they are listening to the call of their shareholders.”Shale executives agree with him -- at least for now.“A couple years ago it was ‘drill, baby, drill,’” John Hess, the head of Hess Corp., said in Houston earlier this week. An investor filed a lawsuit in Delaware federal court Thursday seeking to block Ribbon Communications Inc.'s proposed $456 million acquisition of … A decline of 10% from its February record high would confirm the Nasdaq is in a correction. In addition to extending the company's solutions portfolio into adjacent markets, the merger advances Ribbon's strategy of expanding into the service provider 5G data domain with bundled network analytics, intelligence and security offerings. The program replaces 3 existing plans, is open for businesses of any size, and the loans are 80% backed by the state.A three-month extension of the business-rates holiday for retail, hospitality and leisure, running through June. and Santander Bank, N.A., joint lead arrangers and bookrunners, provided the debt financing for the transaction. The combination of Ribbon and ECI creates an industry-leading communications software and networking company with a comprehensive portfolio of advanced voice, security, data and optical networking solutions. The newly combined company allows Ribbon to enhance and broaden its existing customer offerings with ECI's industry-leading packet optical transport solutions. We deliver global communications software and network solutions to service providers, enterprises, and critical infrastructure sectors. Ribbon Communications Inc. Completes Merger with ECI Telecom Group Ltd. March 3, 2020. Ribbon Communications’ largest acquisition to date was in 2019, when it acquired ECI Telecom for $324M. Ribbon Communications yesterday announced it's signed an agreement to acquire Edgewater Networks, a provider of network edge orchestration solutions for small and medium-sized enterprises and hosted UC providers, for $110 million. But if Riyadh has miscalculated -- and it’s got shale wrong before -- the danger will be lower prices and production down the line.The Saudis have so far convinced their allies the strategy will work. We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them. Reddit users appeared to rush back into GameStop Corp., with the video-game retailer soaring.Powell said in an online event Thursday that he’d be “concerned” by disorderly markets, but stopped short of offering steps to curb heightened volatility. (Updates with comments from Energy Aspects in 10th, 11th paragraphs. A fifth grant will also be paid, at a level that depends on the change in recipients’ turnover. Ribbon Communications has acquired in 6 different US states, and 2 countries. In an unusual move, the firm recommended in a letter to regulators that the pricing be corrected and that $16 billion in charges be reversed as a result.Potomac isn’t the first to say that leaving electricity prices at the $9,000 cap for so long was a mistake. “Ercot made an error and we don’t let errors slide.”The utility commission on Wednesday adopted a prior recommendation made by the market monitor, voting to to claw back some payments to power generators for services they never actually provided during energy crisis. Our new organization will leverage the strength and presence of our global sales force to create a very formidable market leader in the communications industry. Yet, he’s convinced the industry won’t repeat its past excesses.“Shale companies are now more focused on dividends,” Prince Abdulaziz told Bloomberg News in an interview after the OPEC+ meeting, saying that the kingdom wished the American industry well. “It’s a mind-blowing amount of money.”While prices neared the $9,000 cap on the first day of the blackouts, they soon dipped to $1,200 -- a fluctuation that the utility commission later attributed to a computer glitch. (978) 614-8100 The more dovish they get in the face of market expectations of higher inflation, the more financial tightening we’ll see.”Stock-Market Momentum Comeuppance Gets No Sympathy From the FedDespite the lingering uncertainties about the impacts of rising bond yields, such fears are “misplaced,” according to Candice Bangsund, portfolio manager of global asset allocation at Fiera Capital.“As long as the back-up in bond yields reflects stronger growth expectations (versus tighter monetary policy), then the long-term bull market will not be at risk,” she said. Could This Be One Of The Top Electric Vehicle Stocks For 2021? Ribbon Communications completes acquisition of Edgewater Networks Ribbon Communications Inc., a Massachusetts-based secure and intelligent cloud communications provider, announced it … The European Union has sold a series of social bonds tied to a jobs program and is set to become the largest green debt issuer after its recovery fund sales get underway later this year.The Boom in ESG Shows No Signs of Slowing: Green InsightItaly published its framework for green bond issuance last week and said that it would align as much as possible with the EU’s green bond standard, due in the coming months. August 5, 2020 Atlanta, GA and Westford, MA – American Virtual Cloud Technologies, Inc. (NASDAQ: AVCT) and Ribbon Communications Inc. (NASDAQ:RBBN) today announced they have entered into a definitive agreement for AVCtechnologies to acquire Kandy Communications, an industry-leading proprietary, multi-tenant, highly scalable cloud communications platform, from Ribbon, in an all-stock …