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KBRA Assigns Preliminary Ratings to GCAT 2025-NQM2 Trust

Lastest from Businesswire - Wed, 05/21/2025 - 17:37
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to eight classes of mortgage pass-through notes from GCAT 2025-NQM2 Trust, a $459.5 million non-prime RMBS transaction. The underlying collateral, comprising 810 residential mortgages, is characterized by a significant concentration of loans underwritten using alternative income documentation. Borrowers in the subject pool possess a non-zero WA original credit score of 752 and exhibit modest equity in each mortgaged property, with WA L

Pitney Bowes Appoints Kurt Wolf as Chief Executive Officer and Announces Value-Enhancing Actions

Lastest from Businesswire - Wed, 05/21/2025 - 17:37
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”), a technology-enabled services company that provides SaaS shipping solutions, mailing innovation and financial services to clients around the world, is announcing today that its Board of Directors (the “Board”) has appointed sitting director Kurt Wolf as the Company’s Chief Executive Officer (“CEO”), effective immediately. Mr. Wolf succeeds Lance Rosenzweig, who is retiring from his CEO and directo

JPMorganChase Announces Conference Calls to Review First-Quarter, Second-Quarter, Third-Quarter and Fourth-Quarter 2026 Earnings

Lastest from Businesswire - Wed, 05/21/2025 - 17:37
NEW YORK--(BUSINESS WIRE)--JPMorgan Chase & Co. (NYSE: JPM) (“JPMorganChase” or the “Firm”) plans to host conference calls to review financial results on the following dates: First-quarter 2026 – Tuesday, April 14, 2026 at 8:30 a.m. (Eastern) Second-quarter 2026 – Tuesday, July 14, 2026 at 8:30 a.m. (Eastern) Third-quarter 2026 – Tuesday, October 13, 2026 at 8:30 a.m. (Eastern) Fourth-quarter 2026 – Thursday, January 14, 2027 at 8:30 a.m. (Eastern) The financial results are scheduled to be

Radian Reports Results of 2025 Annual Meeting of Stockholders

Lastest from Businesswire - Wed, 05/21/2025 - 17:37
WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) announced today that, the company’s stockholders approved all proposals recommended by the company’s board of directors and presented for vote at Radian’s 2025 Annual Meeting, including the reelection of all eleven director nominees, who serve one-year terms and are elected annually, the compensation of Radian’s named executive officers (“say-on-pay”) and the appointment of PricewaterhouseCoopers LLP as the company’s independent auditor

Franklin Resources, Inc. Announces Quarterly Dividend

Lastest from Businesswire - Wed, 05/21/2025 - 17:37
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Resources, Inc. (the “Company”) [NYSE:BEN] announced a quarterly cash dividend in the amount of $0.32 per share payable on July 11, 2025 to stockholders of record holding shares of common stock at the close of business on June 27, 2025. The quarterly dividend of $0.32 per share is equivalent to the dividend paid for the prior quarter and represents a 3.2% increase over the quarterly dividend paid for the same quarter last year. About Franklin Templet

Ted Pick to Speak at the Annual Morgan Stanley U.S. Financials, Payments & Commercial Real Estate Conference

Lastest from Businesswire - Wed, 05/21/2025 - 17:37
NEW YORK--(BUSINESS WIRE)--Ted Pick, Chairman and Chief Executive Officer of Morgan Stanley, will speak at the Annual Morgan Stanley U.S. Financials, Payments & Commercial Real Estate Conference on June 10, 2025, at 10:30 a.m. (ET). Both live and on-demand versions of the webcast will be available on www.morganstanley.com in the Investor Relations section. Morgan Stanley (NYSE: MS) is a leading global financial services firm providing a wide range of investment banking, securities, wealth m

Civeo Announces a 3-Year Integrated Services Contract Award in Australian Bowen Basin

Lastest from Businesswire - Wed, 05/21/2025 - 17:37
HOUSTON & SYDNEY--(BUSINESS WIRE)--Civeo Corporation (NYSE: CVEO) today announced that it was awarded a three-year contract with a leading metallurgical coal producer to provide integrated services at two villages in the Australian Bowen Basin. This contract marks the first integrated services contract the Company has been awarded in Queensland. This producer is currently one of Civeo’s largest customers at Civeo-owned villages. Services under the contract will commence in June 2025. The new co

BayCom Corp Increases Quarterly Cash Dividend 33% to $0.20 Per Share

Lastest from Businesswire - Wed, 05/21/2025 - 17:37
WALNUT CREEK, Calif.--(BUSINESS WIRE)--BayCom Corp (NASDAQ: BCML) (“BayCom” or the “Company”), the parent company of United Business Bank, today announced that its Board of Directors declared a quarterly cash dividend of $0.20 per share on the Company's common stock, which represents a 33% increase (from $0.15 per share) in the Company’s quarterly dividend. The dividend is payable on July 10, 2025 to shareholders of record as of the close of business on June 12, 2025. About BayCom Corp The Comp

KBRA Assigns Ratings to NYSERDA Green Revenue Bonds, Series 2025A

Lastest from Businesswire - Wed, 05/21/2025 - 17:37
NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA assigns ratings to nine serial bonds and one term bond issued by New York State Energy Research and Development Authority Residential Clean Energy and Energy Efficiency Financing Green Revenue Bonds, Series 2025A ("NYSERDA 2025A”), a $60.0 million asset-backed securitization collateralized by residential solar loans and home improvement loans originated by New York State Energy Research and Development Authority (“NYSERDA” or the “Authority”). The serial bonds ha

Investors Title Company Declares Quarterly Dividend

Lastest from Businesswire - Wed, 05/21/2025 - 17:37
CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company (Nasdaq: ITIC) announced today that the Company's Board of Directors has declared a cash dividend of $.46 per share to shareholders of record June 13, 2025, payable June 30, 2025. Investors Title Company is a publicly-held North Carolina company whose stock is traded on The Nasdaq Global Select Market. Investors Title Company is engaged in the business of issuing and underwriting title insurance policies. The Company also provides serv

Radian Announces New $750 Million Share Repurchase Authorization and Approves Regular Quarterly Dividend on Common Stock

Lastest from Businesswire - Wed, 05/21/2025 - 17:37
WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) announced its Board of Directors has approved a new $750 million share repurchase program of its common stock. This new authorization expires on December 31, 2027, and brings the Company’s total outstanding repurchase authority to approximately $863 million, with approximately $113 million remaining under the existing share repurchase program as of May 20, 2025. “Our new share repurchase program reflects confidence in Radian’s strong fi

Equitable Holdings Increases Common Stock Dividend and Declares Preferred Stock Dividends

Lastest from Businesswire - Wed, 05/21/2025 - 17:37
NEW YORK--(BUSINESS WIRE)--Equitable Holdings Increases Common Stock Dividend and Declares Preferred Stock Dividends

American Tower Corporation Prices Senior Notes Offering

Lastest from Businesswire - Wed, 05/21/2025 - 17:37
BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) today announced the pricing of its registered public offering of senior unsecured notes due 2032 in an aggregate principal amount of €500.0 million (approximately $562.0 million). The 2032 notes will have an interest rate of 3.625% per annum and are being issued at a price equal to 99.994% of their face value. The net proceeds of the offering are expected to be €496.8 million (approximately $558.4 million), after deducting underwri

A Move to the Future: NFN8 Group Shifts from Air Cooling to Immersion Mining

Lastest from Businesswire - Wed, 05/21/2025 - 17:37
AUSTIN, Texas--(BUSINESS WIRE)--Bitcoin mining company NFN8 Group is always seeking innovative methods to bolster its strategic direction. The company is currently preparing to shift from air cooling to immersion cooling, a massive move that will enable NFN8 Group to boost operational efficiency, future-proof its equipment, and eliminate environmental volatility. Like any form of extraction, mining Bitcoin comes with its own set of unique challenges. For instance, the process generates excessiv

BILL to Participate in Upcoming Investor Conferences

Lastest from Businesswire - Wed, 05/21/2025 - 17:37
SAN JOSE, Calif.--(BUSINESS WIRE)--BILL (NYSE:BILL), a leading financial operations platform for small and midsize businesses (SMBs), announced today its participation in the following investor events: Jefferies Public Technology Conference in Newport Coast on Wednesday, May 28, 2025 at 1:00 p.m. PDT BofA Securities Global Technology Conference in San Francisco on Wednesday, June 4, 2025 at 2:00 p.m. PDT A live webcast of the events will be accessible at https://investor.bill.com. Webcast repla

Metropolitan Commercial Bank Named Finalist for Payment Solution of the Year at SBC Summit Americas

Lastest from Businesswire - Wed, 05/21/2025 - 17:37
NEW YORK--(BUSINESS WIRE)-- #mcb--Metropolitan Commercial Bank (the “Bank,” “MCB”), a full-service commercial bank based in New York City is proud to announce that it has been named a finalist in the Payment Solution of the Year: North America category at the prestigious SBC Summit Americas. MCB's steady growth and commitment to digital innovation have earned this recognition, underscoring the Bank's dedication to delivering reliable, forward-thinking banking solutions that empower individuals and bus

Sable Offshore Corp. Announces Proposed Public Offering of Common Stock

Lastest from Businesswire - Wed, 05/21/2025 - 17:37
HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Announces Proposed Offering of Common Stock

Mobile Infrastructure to Participate at Barrington Research Virtual Spring Investment Conference on May 29

Lastest from Businesswire - Wed, 05/21/2025 - 17:37
CINCINNATI--(BUSINESS WIRE)--Mobile Infrastructure Corporation (NYSE American: BEEP), owners of a diversified portfolio of parking assets throughout the United States, today announced that Stephanie Hogue, President, will host one-on-one investor meetings at the Barrington Research Virtual Spring Investment Conference taking place on May 29, 2025. About Mobile Infrastructure Corporation Mobile Infrastructure is the only publicly traded company in the United States focused exclusively on the own

Republic Bancorp, Inc. Declares Common Stock Dividends

Lastest from Businesswire - Wed, 05/21/2025 - 17:37
LOUISVILLE, Ky.--(BUSINESS WIRE)--Republic Bancorp, Inc. (NASDAQ: RBCAA), parent company of Republic Bank & Trust Company, declared a cash dividend of $0.451 per share on Class A Common Stock and $0.41 per share on Class B Common Stock, payable July 18, 2025, to shareholders of record as of June 20, 2025. Republic Bancorp, Inc. (the “Company”) is the parent company of Republic Bank & Trust Company (the “Bank”). The Bank currently has 47 banking centers in communities within five metropo

KBRA Assigns A- Rating to Various City of Chicago, IL General Obligation Bonds; Affirms Rating for Parity Bonds; Outlook Remains Negative

Lastest from Businesswire - Wed, 05/21/2025 - 17:37
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term rating of A- to the City of Chicago, IL: General Obligation Bonds, Series 2025A; General Obligation Bonds, Series 2025B; General Obligation Bonds, Series 2025C; General Obligation Bonds, Taxable Series 2025D; General Obligation Bonds, Series 2025E; General Obligation Bonds, Series 2025F (Housing and Economic Development Projects); and, General Obligation Bonds, Taxable Series 2025G (Housing and Economic Development Projects). KBRA additionally

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