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Interactive Brokers Launches NISA Accounts to Help Japanese Investors Build Wealth Tax-Free
GREENWICH, Conn.--(BUSINESS WIRE)-- #IBKR--Interactive Brokers (Nasdaq: IBKR) announced the introduction of NISA accounts through Interactive Brokers Securities Japan Inc. (IBSJ).
PBCO Financial Corporation Reports Second Quarter 2025 Results
MEDFORD, Ore.--(BUSINESS WIRE)--PBCO Financial Corporation (OTCPK: “PBCO”), the holding company (the “Company”) of People’s Bank of Commerce (the “Bank”), today reported net income of $2.1 million and earnings per share of $0.39 for the second quarter of 2025, compared to net income of $1.9 million and $0.36 per share for the first quarter of 2025. Highlights Net interest margin increased by 13 basis points to 3.76% compared to 3.63% in the first quarter of 2025 Net income increased by 5.7% ver
Boston Jury Hits Johnson & Johnson with Record $42M Verdict in Asbestos Baby Powder Case
BOSTON--(BUSINESS WIRE)--A Boston jury has sided with Paul and Kathryn Lovell in a lawsuit against cosmetic behemoth Johnson & Johnson (NYSE:JNJ) that asserted Mr. Lovell’s mesothelioma was directly caused by the company’s iconic, asbestos-laced baby powder. The jury awarded $42,609,300, making it what lawyers believe to be the largest mesothelioma verdict in Massachusetts history. During the two-week trial, jurors heard compelling arguments from Dean Omar Branham Shirley attorneys Aaron Ch
FHLB Dallas and First Security Bank Award $9K Grant to Little Rock Woman for Urgently Needed Roof Repairs
LITTLE ROCK, Ark.--(BUSINESS WIRE)--A Little Rock homeowner known for her community service received a $9,000 grant to fix the leaking roof on her longtime home. Kim Brown received the Special Needs Assistance Program (SNAP) grant from the Federal Home Loan Bank of Dallas (FHLB Dallas) through FHLB Dallas member First Security Bank. Awarded through FHLB Dallas member institutions, SNAP provides grants for the repair and rehabilitation of owner-occupied housing of eligible, special-needs individ
Bitwise's Bitcoin and Ether ETPs to Offer In-Kind Creations and Redemptions, Providing Greater Trading Efficiency to Investors
SAN FRANCISCO--(BUSINESS WIRE)--Bitwise Asset Management, the global crypto asset manager with over $10 billion in client assets, today announced that the Bitwise Bitcoin ETF (NYSE: BITB) and the Bitwise Ethereum ETF (NYSE: ETHW) will now offer in-kind creation and redemption of shares by the funds’ authorized participants. The SEC’s recent approval paves the way for greater trading efficiencies that could ultimately lower trading costs for investors in Bitwise’s spot crypto ETPs. Until now, ne
KBRA Assigns Preliminary Ratings to AOA 2025-1301
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA announces the assignment of preliminary ratings to eight classes of AOA 2025-1301, a CMBS single-borrower securitization. The collateral for the transaction is a $900.0 million non-recourse, first lien mortgage loan. The fixed rate loan has five-year term and requires monthly interest-only payments that are based on an assumed coupon of 6.75%. The loan is secured by the borrower’s fee simple interest in 1301 Avenue of the Americas, a 45-story, Class-A office towe
AM Best Upgrades Credit Ratings of New Horizon Insurance Company
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a-” (Excellent) from “bbb+” (Good) of New Horizon Insurance Company (NHIC) (Houston, TX). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect NHIC’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk
TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended June 30, 2025
NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) reported its operating results for the quarter ended June 30, 2025. Regarding second quarter results, Doug Bouquard, Chief Executive Officer of TRTX, said: “TRTX had a strong second quarter, during which we originated $695.6 million of total loan commitments, earned our common stock dividend and repurchased $12.5 million of common stock. As a result, we delivered 15% portfolio loan growth and solid earn
SoFi Technologies, Inc. Announces Public Offering of Common Stock
SAN FRANCISCO--(BUSINESS WIRE)--SoFi Technologies, Inc. (NASDAQ: SOFI) (“SoFi” or the “Company”) today announced an underwritten public offering of $1.5 billion of shares of its common stock. In connection with the offering, SoFi expects to grant the underwriter a 30-day option to purchase up to an additional 15% of the shares of common stock offered in the offering. All of the shares of common stock in the offering will be sold by SoFi. SoFi intends to use the net proceeds from the offering f
Finward Bancorp Announces Second Quarter 2025 Results
MUNSTER, Ind.--(BUSINESS WIRE)--Finward Bancorp (Nasdaq: FNWD) (the “Bancorp”), the holding company for Peoples Bank (the “Bank”), today announced that net income available to common stockholders was $2.2 million, or $0.50 per diluted share, for the quarter ended June 30, 2025, as compared to $455 thousand, or $0.11 per diluted share, for the quarter ended March 31, 2025. Selected performance metrics are as follows for the periods presented: Performance Ratios Quarter ended
Facteus and Carbon Arc Partner to Democratize Consumer Transaction Data with On-Demand, Consumption-Based Model
NEW YORK--(BUSINESS WIRE)--Facteus, the #1 provider of real-time consumer intelligence, has announced a strategic partnership with Carbon Arc, the world’s first real-time insights exchange, providing businesses with seamless intelligence and structured, model-ready data. This partnership offers Facteus' datasets through a flexible transaction model, disrupting traditional data procurement methods and unlocking scalable, precision access to insights for investors and enterprises of all sizes. By
DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Lockheed Martin
NEW YORK--(BUSINESS WIRE)---- $LMT #ClassAction--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Lockheed Martin Corporation (“Lockheed Martin” or the “Company”) (NYSE: LMT) and reminds investors of the September 26, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and
CPI Card Group Inc. to Release Second Quarter 2025 Results on August 8, 2025
LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group to Release Second Quarter 2025 Results August 8, 2025
First Interstate BancSystem, Inc. Reports Second Quarter Earnings
BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK) (the “Company”) today reported financial results for the second quarter of 2025. For the quarter, the Company reported net income of $71.7 million, or $0.69 per diluted share, which compares to net income of $50.2 million, or $0.49 per diluted share, for the first quarter of 2025 and net income of $60.0 million, or $0.58 per diluted share, for the second quarter of 2024. HIGHLIGHTS Net interest margin increased t
Unum Group Reports Second Quarter 2025 Results
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group (NYSE: UNM) today reported net income of $335.6 million ($1.92 per diluted common share) for the second quarter of 2025, compared to net income of $389.5 million ($2.05 per diluted common share) for the second quarter of 2024. Included in net income for the second quarter of 2025 are the after-tax amortization of the cost of reinsurance of $7.7 million ($0.05 per diluted common share), the after-tax impact of non-contemporaneous reinsurance of $3.
Eagle Point Income Company Inc. Schedules Release of Second Quarter 2025 Financial Results on Tuesday, August 12, 2025
GREENWICH, Conn.--(BUSINESS WIRE)---- $EIC--Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB, EICC) today announced that it plans to report financial results for the quarter ended June 30, 2025, on Tuesday, August 12, 2025. The Company will discuss its financial results on a conference call on that day at 11:30 a.m. (Eastern Time). Thomas P. Majewski, Chairman and Chief Executive Officer, will host the call along with Lena Umnova, the Investment Adviser’s Chief Accounting Officer,
Virtus Total Return Fund Inc. Discloses Sources of Distribution – Section 19(a) Notice
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Total Return Fund Inc. (NYSE: ZTR) previously announced the following monthly distribution on June 4, 2025: Amount of Distribution Ex-Date/Record Date Payable Date $0.05 July 11, 2025 July 30, 2025 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid, in part or in full, from net investment income and realized capital gains, or a combination thereof. Shareholders should note, ho
JBG SMITH Announces Second Quarter 2025 Results
BETHESDA, Md.--(BUSINESS WIRE)--JBG SMITH (NYSE: JBGS), a leading owner, operator, and developer of mixed-use properties in the Washington, DC market, today filed its Form 10-Q for the quarter ended June 30, 2025 and reported its financial results. Additional information regarding our results of operations, properties, and tenants can be found in our Second Quarter 2025 Investor Package, which is posted in the Investor Relations section of our website at www.jbgsmith.com. We encourage investors
Industrial Logistics Properties Trust Announces Second Quarter 2025 Results
NEWTON, Mass.--(BUSINESS WIRE)--Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced its financial results for the quarter ended June 30, 2025, which can be found at the Quarterly Results section of ILPT’s website at https://www.ilptreit.com/investors/financials-information/quarterly-results/default.aspx. A conference call will be held on Wednesday, July 30, 2025 at 10:00 a.m. Eastern Time. The conference call may be accessed by dialing (877) 418-4826 or (412) 902-6758 (if calli
Houlihan Lokey Reports First Quarter Fiscal 2026 Financial Results
LOS ANGELES & NEW YORK--(BUSINESS WIRE)--Houlihan Lokey, Inc. (NYSE:HLI) (“Houlihan Lokey” or the “Company”) today reported financial results for its first quarter ended June 30, 2025. For the first quarter ended June 30, 2025, revenues were $605 million, compared with $514 million for the first quarter ended June 30, 2024. Net income was $98 million, or $1.42 per diluted share, for the first quarter ended June 30, 2025, compared with $89 million, or $1.30 per diluted share, for the first quart