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KBRA Releases Research – Blanket Negative Sector Outlook on U.S. Airports Harms the Market

Lastest from Businesswire - Tue, 05/13/2025 - 20:32
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases research following the recent assignment of a negative sector outlook to the U.S. airport sector by Moody’s. While the announcement was largely based on current macroeconomic headwinds, KBRA believes that municipal bond investors are best served by issuer-specific credit analysis that takes into account the meaningful differences in financial, operational, and strategic profiles that distinguish individual airport issuers. Key Takeaways Airport credit pr

Securities Fraud Investigation Into EchoStar Corporation (SATS) Continues – Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm

Lastest from Businesswire - Tue, 05/13/2025 - 20:32
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, continues its investigation on behalf of EchoStar Corporation (“EchoStar” or the “Company”) (NASDAQ: SATS) investors concerning the Company’s possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON ECHOSTAR CORPORATION (SATS), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. What Happened? On May 12, 2025, The Wall Stree

AM Best Places Credit Ratings of PacificSource Health Plans Under Review with Negative Implications

Lastest from Businesswire - Tue, 05/13/2025 - 20:32
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has placed under review with negative implications the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of PacificSource Health Plans (PacificSource HP) (Springfield, OR). The Credit Ratings (ratings) of PacificSource HP were placed under review with negative implications following the continued pressure on its government programs line of business, especially its Medicaid segment, as well as volatility in its

ELV Investors Have Opportunity to Lead Elevance Health, Inc. Securities Fraud Lawsuit with the Schall Law Firm

Lastest from Businesswire - Tue, 05/13/2025 - 20:32
LOS ANGELES--(BUSINESS WIRE)--ELV Investors Have Opportunity to Lead Elevance Health, Inc. Securities Fraud Lawsuit with the Schall Law Firm

Securities Fraud Investigation Into Cleveland-Cliffs Inc. (CLF) Announced – Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz

Lastest from Businesswire - Tue, 05/13/2025 - 20:32
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Cleveland-Cliffs Inc. (“Cleveland-Cliffs” or the “Company”) (NYSE: CLF) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON CLEVELAND-CLIFFS INC. (CLF), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On May 7, 2025, Cleveland-Cliffs released its first quar

THE BANCORP 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against The Bancorp, Inc. - TBBK

Lastest from Businesswire - Tue, 05/13/2025 - 20:32
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until May 16, 2025 to file lead plaintiff applications in a securities class action lawsuit against The Bancorp, Inc. (“Bancorp” or the “Company”) (NasdaqGS: TBBK), if they purchased the Company’s securities between January 25, 2024 and March 4, 2025, inclusive (the “Class Period”). This action is pending in

RADIUS RECYCLING INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Radius Recycling, Inc. - RDUS

Lastest from Businesswire - Tue, 05/13/2025 - 20:32
NEW YORK CITY & 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 Radius Recycling, Inc. (NasdaqGS: RDUS) to Toyota Tsusho America, Inc. Under the terms of the proposed transaction, shareholders of Radius will receive $30.00 in cash for each share of Radius that they own. KSF is seeking to determine whether this consideration and the process that led to it ar

ELV BREAKING NEWS: Elevance Health, Inc. Stock Plummets 11% Triggering Shareholder Class Action – Contact BFA Law if You Lost Money (NYSE:ELV)

Lastest from Businesswire - Tue, 05/13/2025 - 20:32
NEW YORK--(BUSINESS WIRE)---- $ELV #Attorney--Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Elevance Health, Inc. (NYSE: ELV) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Elevance you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/elevance-health-inc. Investors have until July 11, 2025, to ask the Court to be appointed t

Qlik Honors Partners Powering Data-to-Decision Excellence Worldwide

Lastest from Businesswire - Tue, 05/13/2025 - 17:32
ORLANDO, Fla.--(BUSINESS WIRE)--Winners of Qlik's annual Partner Awards at Qlik Connect 2025 are recognized for driving customer success and accelerating AI adoption.

AIHA Announces Sponsors for AIHA Connect 2025 Conference

Lastest from Businesswire - Tue, 05/13/2025 - 17:32
FALLS CHURCH, Va.--(BUSINESS WIRE)-- #aihaconnect--AIHA Announces Sponsors for AIHA Connect 2025 Conference and Annual AIHF Fun Run

HG Vora Files Definitive Proxy Materials and Sends Letter to PENN Entertainment, Inc. Shareholders

Lastest from Businesswire - Tue, 05/13/2025 - 17:32
NEW YORK--(BUSINESS WIRE)--HG Vora Capital Management, LLC (together with its affiliates, “HG Vora”) filed its definitive proxy statement with the Securities and Exchange Commission (the “SEC”) in connection with its nomination of candidates for election to the Board of Directors (the “Board”) of PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) at the Company’s 2025 Annual Meeting of Shareholders (the “Annual Meeting”), which is scheduled to be held on June 17, 2025. HG Vora to

Ventas Declares Quarterly Dividend of $0.48 Per Common Share

Lastest from Businesswire - Tue, 05/13/2025 - 17:32
CHICAGO--(BUSINESS WIRE)--Ventas, Inc. (NYSE: VTR) today announced that its Board of Directors has declared a quarterly dividend of $0.48 per common share. The dividend will be payable in cash on July 17, 2025 to stockholders of record as of the close of business on June 30, 2025. About Ventas Ventas, Inc. (NYSE: VTR) is a leading S&P 500 real estate investment trust enabling exceptional environments that benefit a large and growing aging population. With approximately 1,400 properties in N

Novanta to Present at the William Blair 45th Annual Growth Stock Conference on Tuesday, June 3, 2025

Lastest from Businesswire - Tue, 05/13/2025 - 17:32
BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that Matthijs Glastra, Chair & Chief Executive Officer is scheduled to present at the William Blair 45th Annual Growth Stock Conference on Tuesday, June 3, 2025, in Chicago, IL. About Novanta Novanta is a leading global supplier of core technology solutions that give medical, life science, and advanced industrial origi

WaFd, Inc. Announces Cash Dividend of 27 cents per share

Lastest from Businesswire - Tue, 05/13/2025 - 17:32
SEATTLE--(BUSINESS WIRE)---- $WAFD #banking--Today, the Board of Directors of WaFd, Inc. (Nasdaq: WAFD) (the “Company”), announced a regular quarterly cash dividend of 27 cents per share. The dividend will be paid June 6, 2025, to common shareholders of record as of May 23, 2025. This will be the Company’s 169th consecutive quarterly cash dividend. WaFd, Inc. is the parent company of Washington Federal Bank, a federally insured Washington state chartered commercial bank dba WaFd Bank that operates branches in Was

Siebert Reports First Quarter 2025 Financial Results

Lastest from Businesswire - Tue, 05/13/2025 - 17:32
MIAMI--(BUSINESS WIRE)---- $Nasdaq #Nasdaq--Siebert Financial Corp. (NASDAQ: SIEB) (“Siebert”), a diversified provider of financial services, today reported financial results for the first quarter ended March 31, 2025. First Quarter 2025 Financial and Operational Highlights* Total revenue increased 41% to $28.9 million, compared to $20.5 million in the first quarter of 2024, primarily driven by an unrealized gain of $9.2 million related to an equity investment. The unrealized gain was recorded with respect to shar

Core Scientific Announces Departure of Board Member Todd Becker

Lastest from Businesswire - Tue, 05/13/2025 - 17:32
AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (NASDAQ: CORZ), a leader in digital infrastructure for high-density colocation services and digital asset mining, today announced that Todd Becker will be stepping down from its Board of Directors, effective immediately. Mr. Becker joined the Board in January 2024 and has served as Chair of the Audit Committee. During his tenure, he provided critical leadership and oversight as Core Scientific completed two significant capital raises that ma

Hightower Makes Strategic Investment in Lindbrook Capital

Lastest from Businesswire - Tue, 05/13/2025 - 17:32
CHICAGO--(BUSINESS WIRE)-- #AUM--Hightower announced today it has made a strategic investment in Lindbrook Capital, LLC, a financial planning & wealth management practice.

Schwab Announces Redemption of All Outstanding Depositary Shares Representing Interests in Its 5.375% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series G

Lastest from Businesswire - Tue, 05/13/2025 - 17:32
WESTLAKE, Texas--(BUSINESS WIRE)--On June 1, 2025, Schwab will redeem all of the outstanding shares of its 5.375% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series G

Klaviyo Announces Pre-Arranged Stock Sale Plan by Andrew Bialecki, CEO and Co-Founder

Lastest from Businesswire - Tue, 05/13/2025 - 17:32
BOSTON--(BUSINESS WIRE)--Klaviyo, Inc. (the “Company”) (NYSE: KVYO), the only CRM built for consumer brands, today announced that, following the closing of the previously announced underwritten public offering of shares of the Company’s Series A common stock, par value $0.001 per share (“Series A common stock”), by Andrew Bialecki, the Company’s CEO and co-founder, Mr. Bialecki plans to adopt a pre-arranged stock trading plan (the “Plan”) in accordance with Rule 10b5-1 (“Rule 10b5-1”) of the Se

First American Financial Corporation Declares Quarterly Cash Dividend of 54 Cents Per Share

Lastest from Businesswire - Tue, 05/13/2025 - 17:32
SANTA ANA, Calif.--(BUSINESS WIRE)--First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today announced that its board of directors has declared a quarterly cash dividend of 54 cents per common share. The cash dividend is payable on June 16, 2025 to shareholders of record as of June 9, 2025. About First American First American Financial Corporation

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