CBOE (CBOE) Announces New SPX Options Implied Volatility-Based Index: SMILE Oct 25, 2016 03:29PM

Chicago Board Options Exchange® (CBOE®) announced that it has launched the CBOE S&P 500® Smile Index (Ticker: SMILE), a premium-capture strategy benchmark index based on the steepness of the curve of implied volatilities of S&P 500 Index (SPX) options -- often referred to as the "smile."

The CBOE Smile Index's strategy alternates between selling a strangle (sell put/sell call) when the options smile is steep, and selling a risk reversal (sell put/buy call) when the... (continue reading...)

Misonix (MSON) Interim CEO Stavros Vizirgianakis Acquires 761K Shares Oct 25, 2016 03:01PM

Misonix, Inc. (NASDAQ: MSON), an international surgical device company that designs, manufactures and markets innovative therapeutic ultrasonic products for spine surgery, neurosurgery, wound debridement, skull based surgery, laparoscopic surgery and other surgical applications, announced today that Stavros Vizirgianakis, interim chief executive officer of Misonix, has invested $4 million through the purchase from the Company of 761,469 shares of Misonix common stock in... (continue reading...)

AT&T's DirecTV Now online video service to cost $35 per month Oct 25, 2016 02:23PM

By Malathi Nayak

NEW YORK (Reuters) - AT&T Inc's upcoming DirecTV Now online video service will cost $35 per month, including mobile streaming costs, and target viewers who shun pay-television subscriptions, Chief Executive Randall Stephenson said on Tuesday.

The wireless company's streaming video service, which launches late next month, will have more than 100 channels, Stephenson said at the WSJ.D Live conference in California.

... (continue reading...)
Air Products (APD) to Build New Large Air Separation Unit in South Korea Oct 25, 2016 01:15PM

Air Products (NYSE: APD) will build a new large air separation unit (LASU) in Ulsan, South Korea. The investment demonstrates the company's commitment to the southern region and across Korea to meet increasing demand driven by the refining, petrochemical, and non-ferrous metals industries, as well as the merchant gas market.

Scheduled to come onstream in 2018, the state-of-the-art, over 1,750-ton-per-day LASU will produce gaseous and liquefied oxygen, nitrogen and... (continue reading...)

Mercedes-Benz to launch pickup truck in 2017 Oct 25, 2016 01:03PM

FRANKFURT (Reuters) - Mercedes-Benz said it will launch a pickup truck in late 2017, becoming the first German premium auto maker to enter one of the most lucrative segments in the car industry.

Mercedes said the new "X-Class" will hit showrooms in Australia, Brazil, Argentina, South Africa and Europe late next year.

Daimler Chief Executive Dieter Zetsche, said: "With the Mercedes-Benz pickup, we will close one of the last gaps in our... (continue reading...)

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