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ICE First Look at Mortgage Performance: Foreclosure Activity Edges Higher Following Recent Record Lows

Lastest from Businesswire - Fri, 05/23/2025 - 11:38
ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today released its April 2025 First Look, which shows U.S. Department of Veterans Affairs (VA) mortgages progressing through the foreclosure pipeline following the recent moratorium expiration. The ICE First Look reports on month-end delinquency, foreclosure and prepayment statistics sourced from its loan-level database, which covers a majority of the U.S. mortgage

FDA Panel Reiterates the Cancer Risks of Talc

Lastest from Businesswire - Fri, 05/23/2025 - 08:38
WASHINGTON--(BUSINESS WIRE)--A panel of medical experts convened by the U.S. Food & Drug Administration urged the agency to study and adopt new standards to prohibit the use of talc in consumer products such as gum, candy, rice and pharmaceuticals. Many of the experts cited the more than 30 years of studies showing an association between talc use and ovarian cancer, which led Johnson & Johnson (NYSE:JNJ) to remove the company’s iconic body powders from the market in recent years. “It’s

Rent-A-Center Opens New Store in Harlan, Kentucky; Grand Opening Celebration Scheduled on May 30

Lastest from Businesswire - Fri, 05/23/2025 - 08:38
PLANO, Texas--(BUSINESS WIRE)--Upbound Group, Inc. (the "Company" or "Upbound") (NASDAQ: UPBD), a technology and data-driven leader in accessible and inclusive financial solutions that address the evolving needs and aspirations of underserved consumers, has announced the opening of a new Rent-A-Center franchise store in Harlan, Kentucky. The new Rent-A-Center store is located at 168 Village Center Rd., Suite 163, and is open from 10 a.m.-6 p.m. Mondays through Fridays and 9 a.m.-6 p.m. on Satur

Luminar Improves Capital Structure with Repurchase of $50 Million in 2026 Convertible Senior Notes

Lastest from Businesswire - Fri, 05/23/2025 - 08:38
ORLANDO, Fla.--(BUSINESS WIRE)--Luminar Technologies (NASDAQ: LAZR), a leading global automotive technology company, today announced it has entered into separate, individually negotiated private agreements with certain holders of its outstanding 1.25% Convertible Senior Notes due 2026 to acquire $50 million in aggregate principal amount of notes through repurchases for approximately $30 million in cash and exchanges for 1.1 million in newly issued shares of common stock. The repurchase transact

PublicSquare Announces CFO Transition

Lastest from Businesswire - Fri, 05/23/2025 - 08:38
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--PSQ Holdings, Inc. (NYSE: PSQH) (“PublicSquare,” or the “Company”), America's leading marketplace and payments ecosystem valuing life, family, and liberty, today announced that James Rinn has been appointed Chief Financial Officer, effective June 1, 2025. Mr. Rinn, who has served as a board member and chair of the PublicSquare Audit Committee since July 2023, will succeed Brad Searle, who will transition to Senior Vice President of Finance for the Company

Modiv Provides Clarity on Reverse Stock Split Proposal

Lastest from Businesswire - Fri, 05/23/2025 - 08:38
DENVER--(BUSINESS WIRE)--Modiv Industrial, Inc. (“Modiv Industrial”, “Modiv”, the “Company”, “we” or “our”), (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate, today issued the following message from the CEO to provide clarity regarding the rationale and impact of the reverse stock proposal set forth in the Company’s proxy statement for its 2025 Annual Meeting of Stockholders: “A few weeks ago, we filed our 2025 annual proxy statement. We hav

Generation Announces Receipt of Support Letter for up to $200 Million from leading Financial Lender

Lastest from Businesswire - Fri, 05/23/2025 - 08:38
TORONTO--(BUSINESS WIRE)--Generation Mining Limited (TSX:GENM, OTCQB: GENMF) ("Gen Mining" or the "Company") is pleased to announce receipt of a support letter from a leading Canadian financial institution stating its interest to provide up to $200 million in a new long-term credit facility for the Marathon Copper-Palladium Project (the “Marathon Project”), which would be in addition to the senior secured project finance facility to be arranged with the mandated senior lenders. Jamie Levy, Pres

RedBird Capital Partners Announces Agreement To Acquire Telegraph Media Group

Lastest from Businesswire - Fri, 05/23/2025 - 05:38
NEW YORK--(BUSINESS WIRE)--RedBird Capital Partners (“RedBird”) today announced that it has reached an in-principle agreement to acquire The Telegraph Media Group (“The Telegraph” or “TMG”) at a total enterprise valuation of £500m, becoming the sole control owner. It is the largest investment in UK print media in a decade and unlocks a new era of growth for the 170-year-old title. RedBird’s growth strategy will include capital investment in the group’s digital operations to continue driving sub

DV Investors Have Opportunity to Lead DoubleVerify Holdings, Inc. Securities Fraud Lawsuit with the Schall Law Firm

Lastest from Businesswire - Thu, 05/22/2025 - 23:37
LOS ANGELES--(BUSINESS WIRE)--DV Investors Have Opportunity to Lead DoubleVerify Holdings, Inc. Securities Fraud Lawsuit with the Schall Law Firm

 CIMB Bank Taps ACI Worldwide to Advance Payment Transformation

Lastest from Businesswire - Thu, 05/22/2025 - 20:37
OMAHA, Neb. & SINGAPORE--(BUSINESS WIRE)--ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, today announced that CIMB Bank, one of ASEAN’s leading banking groups and Malaysia’s second largest financial services provider, has chosen ACI’s payment solution to converge all account-to-account transactions—real-time, ACH, RTGS and cross-border—onto a single future-proof payments platform. As the industry pushes toward ISO 20022 standardization, this new ISO20022-nati

Kirby McInerney LLP Reminds West Pharmaceutical Services, Inc. (WST) Investors of Class Action Filing and Encourages Investors to Contact the Firm

Lastest from Businesswire - Thu, 05/22/2025 - 20:37
NEW YORK--(BUSINESS WIRE)---- $WST #CLASSACTIONLAWSUIT--The law firm of Kirby McInerney LLP reminds investors who purchased West Pharmaceutical Services, Inc. (“West” or the “Company”) (NYSE:WST) securities to contact Thomas W. Elrod of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below, to discuss your rights or interests with respect to the securities fraud class action lawsuit against the Company. [CONTACT FORM] The lawsuit was filed on behalf of investors who acquired West secu

Ademi & Fruchter LLP Investigates Claims of Securities Fraud against Proficient Auto Logistics, Inc.

Lastest from Businesswire - Thu, 05/22/2025 - 20:37
MILWAUKEE--(BUSINESS WIRE)--Ademi & Fruchter LLP is investigating possible securities fraud claims against Proficient Auto Logistics (NASDAQ: PAL). The investigation results from inaccurate statements Proficient Auto Logistics made regarding its business operations and prospects. Click here to join our investigation or to obtain additional information, or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. The investigation focuses on Profici

STAR EQUITY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Star Equity Holdings, Inc. - STRR

Lastest from Businesswire - Thu, 05/22/2025 - 20:37
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Star Equity Holdings, Inc. (NasdaqGM: STRR) to Hudson Global, Inc. (NasdaqGS: HSON). Under the terms of the proposed transaction, upon completion Star shareholders will own approximately 21% of the combined company. KSF is seeking to determine whether this consideration and the process that led to i

SIGMATRON INTERNATIONAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of SigmaTron International, Inc. - SGMA

Lastest from Businesswire - Thu, 05/22/2025 - 20:37
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of SigmaTron International, Inc. (NasdaqCM: SGMA) to Transom Capital Group, LLC. Under the terms of the proposed transaction, shareholders of SigmaTron will receive $3.02 in cash for each share of SigmaTron that they own. KSF is seeking to determine whether this consideration and the process that led t

VIGIL NEUROSCIENCE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Vigil Neuroscience, Inc. - VIGL

Lastest from Businesswire - Thu, 05/22/2025 - 20:37
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Vigil Neuroscience, Inc. (NasdaqGS: VIGL) to Sanofi (NasdaqGS: SNY). Under the terms of the proposed transaction, shareholders of Vigil will receive $8.00 in cash for each share of Vigil that they own as well as a non-tradeable contingent value right entitling the holder to potentially receive an ad

KBRA Assigns Preliminary Ratings to 1345 2025-AOA

Lastest from Businesswire - Thu, 05/22/2025 - 20:37
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA announces the assignment of preliminary ratings to five classes of 1345 2025-AOA, a CMBS single-borrower securitization. The collateral for the transaction is a $650.0 million portion of an $850.0 million non-recourse, first lien mortgage loan. The whole loan also includes a $200.0 million future funding companion loan. The floating-rate, interest-only loan has an initial term of two years and allows three one-year extension options. The loan is secured by the bo

Land & Buildings Comments on Preliminary Results of National Health Investors Annual Meeting

Lastest from Businesswire - Thu, 05/22/2025 - 20:37
STAMFORD, Conn.--(BUSINESS WIRE)--Land & Buildings Investment Management, LLC (together with its affiliates, “Land & Buildings”), a significant stockholder of National Health Investors, Inc. (NYSE: NHI) (“NHI” or the “Company”), issued the following statement in connection with the Company’s 2025 Annual Meeting of Stockholders (the “2025 Annual Meeting”). “We want to thank our fellow stockholders and the leading proxy advisory firms for their support and dialogue throughout this campaig

Bitwise Announces Monthly Distributions for IMST, ICOI, and IMRA

Lastest from Businesswire - Thu, 05/22/2025 - 17:37
SAN FRANCISCO--(BUSINESS WIRE)--Bitwise Asset Management, a leading crypto asset manager, today announced the monthly distributions for its suite of Option Income Strategy ETFs: IMST, ICOI, and IMRA. Fund Ticker Distribution Per Share Distribution Rate 30-Day SEC Yield Return of Capital Ex-Date / Record Date Payment Date 1-Month Return 1-Year Return Since Inception Bitwise MSTR Option Income Strategy ETF IMST $7.01 140.14% 2.99% 0.00% 05/23/25 05/28/25 15.90% N/A 20.09% Bitwise COIN Option Inco

KBRA Assigns Preliminary Ratings to BX 2025-LUNR

Lastest from Businesswire - Thu, 05/22/2025 - 17:37
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA announces the assignment of preliminary ratings to four classes of BX 2025-LUNR, a CMBS single-borrower securitization. The collateral for the transaction is a $1.0 billion floating rate, interest-only mortgage loan. The loan is expected to have an initial two-year term with three, one-year extension options and require monthly interest-only payments. The loan will be secured by the borrowers’ fee simple interests in 59 primarily industrial assets. In total, the

Franklin Templeton Announces Liquidation of Franklin FTSE Hong Kong ETF

Lastest from Businesswire - Thu, 05/22/2025 - 17:37
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Templeton today announced it will liquidate and dissolve Franklin FTSE Hong Kong ETF (FLHK). The liquidation is anticipated to occur on or about July 8, 2025. The liquidation of FLHK was approved by the Fund’s board of trustees on May 21, 2025. After the close of business on June 10, 2025, the Fund will no longer accept creation orders. Trading in the Fund on NYSE Arca, Inc. (“NYSE Arca”) will be halted prior to market open on July 2, 2025. Proceeds

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