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KBRA Assigns Preliminary Ratings to Morgan Stanley Residential Mortgage Loan Trust 2025-SPL1 (MSRM 2025-SPL1)

Lastest from Businesswire - Fri, 09/26/2025 - 21:41
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 5 classes of mortgage-backed certificates from Morgan Stanley Residential Mortgage Loan Trust 2025-SPL1 (MSRM 2025-SPL1). MSRM 2025-SPL1 is a seasoned RMBS transaction sponsored by Morgan Stanley Mortgage Capital Holdings LLC as seller/sponsor and includes a meaningful concentration of collateral that KBRA considers to be “non-prime.” The $419 million RMBS transaction is collateralized by a pool of 1,158 residential mortgages, with

The Fairholme Focused Income Fund Announces Dividend

Lastest from Businesswire - Fri, 09/26/2025 - 18:41
MIAMI--(BUSINESS WIRE)--On September 26, 2025, the Fairholme Focused Income Fund (“FOCIX” or the “Fund”) distributed an Ordinary Income dividend of $0.06 per share to shareholders of record as of September 25, 2025. The Fund’s Net Asset Value (“NAV”) was reduced by the amount of the distribution. The Record Date, Ex-Dividend Date, Payable Date, and Cents-Per-Share are as follows: THE FAIRHOLME FOCUSED INCOME FUND Distribution Type Record Date Ex-Dividend Date Payable Date Cents-Per-Share Ordina

Public Storage Prices Public Offering of Euro-Denominated Senior Notes

Lastest from Businesswire - Fri, 09/26/2025 - 18:41
GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA, the “Company”) announced today that the Company’s subsidiary, Public Storage Operating Company (“PSOC”), has priced a public offering of €425 million aggregate principal amount of senior notes due 2034 (the “Notes”). The Notes will be guaranteed by the Company. The Notes will bear interest at an annual rate of 3.500%, will be issued at 99.447% of par value and will mature on January 20, 2034. Interest on the Notes is payable annually

AGILON HEALTH INVESTIGATION CONTINUED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of agilon health, inc. - AGL

Lastest from Businesswire - Fri, 09/26/2025 - 18:41
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has continued its investigation into agilon health, inc. (“agilon” or the “Company”) (NYSE: AGL). On January 5, 2024, the Company disclosed that it was slashing its 2023 profit forecasts, specifically, lowering its 2023 Medical Margin expectation to “$340 million to $360 million, approximately $110 million

DANAHER INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Danaher Corporation - DHR

Lastest from Businesswire - Fri, 09/26/2025 - 18:41
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Danaher Corporation (NYSE: DHR). On April 25, 2023, the Company disclosed that "[r]evenues decreased 7.0% year-over-year to $7.2 billion, with a 4.0% non-GAAP core revenue decrease, due to the impact of lower COVID-19 revenue, and 6.0% non-GAAP base business core revenue

UNITED NATURAL FOODS INVESTIGATION CONTINUED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of United Natural Foods, Inc. - UNFI

Lastest from Businesswire - Fri, 09/26/2025 - 18:41
NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has continued its investigation into United Natural Foods, Inc. (“United Natural” or the “Company”) (NYSE: UNFI). In March 2023, the Company disclosed year-over-year declines of $6 million in gross profit and over 71% in net income and earnings per diluted share for its fiscal 2023 second quarter, desp

Eastern Bankshares, Inc. And HarborOne Bancorp, Inc. Announce Regulatory Approvals Received To Merge

Lastest from Businesswire - Fri, 09/26/2025 - 18:41
BOSTON & BROCKTON, Mass.--(BUSINESS WIRE)--Eastern Bankshares, Inc. (“Eastern”) (NASDAQ Global Select Market: EBC), the holding company for Eastern Bank, and HarborOne Bancorp, Inc. (“HarborOne”) (NASDAQ: HONE), the holding company for HarborOne Bank, today jointly announced they have received all the necessary regulatory approvals to complete their proposed merger (the “Merger”), which was previously announced on April 24, 2025. Eastern and HarborOne expect the Merger to close on or about Nove

Mesabi Trust Press Release

Lastest from Businesswire - Fri, 09/26/2025 - 18:41
NEW YORK--(BUSINESS WIRE)--Commencement of Arbitration On September 26, 2025, Mesabi Trust initiated arbitration against Northshore Mining Company (“Northshore”) and its parent, Cleveland Cliffs Inc. (“Cliffs”) and (Northshore and Cliffs, jointly, the “Operator”), the lessee/operator of the leased lands. Mesabi Trust commenced the arbitration proceeding through the American Arbitration Association. Mesabi Trust seeks damages and declaratory relief relating to the Operator’s idling of Northshore

KBRA Assigns Ratings to Franklin BSP Capital Corporation's $300 Million Senior Unsecured Notes due 2030

Lastest from Businesswire - Fri, 09/26/2025 - 18:41
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a rating of BBB to Franklin BSP Capital Corp's ("FBCC" or "the company") $300 million, 6.00% senior unsecured notes due 2030. The rating Outlook is Stable. The proceeds will be used to repay existing indebtedness. Key Credit Considerations The rating and Outlook are supported by FBCC’s affiliation with Franklin Templeton, a leading global asset manager with ~$1.6 trillion in AUM as of July 31, 2025, as well as FBCC's ties to Franklin Templeton's wholly ow

Lincoln Financial to Report 2025 Third Quarter Results on October 30

Lastest from Businesswire - Fri, 09/26/2025 - 18:41
RADNOR, Pa.--(BUSINESS WIRE)--Lincoln Financial (NYSE:LNC) announced today that it will report its results for the third quarter ended September 30, at 6:00 a.m. Eastern Time on Thursday, October 30, 2025. A conference call is scheduled for 8:00 a.m. Eastern Time on the same day. Earnings materials, including the 2025 third quarter Earnings Release, Earnings Supplement, and Statistical Supplement, will be available on the company’s Investor Relations web page at www.lincolnfinancial.com/investo

FIRST SAVINGS FINANCIAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of First Savings Financial Group, Inc. - FSFG

Lastest from Businesswire - Fri, 09/26/2025 - 18:41
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 First Savings Financial Group, Inc. (NasdaqCM: FSFG) to First Merchants Corporation (NasdaqGS: FRME). Under the terms of the proposed transaction, shareholders of First Savings will receive 0.85 of a share of First Merchants common stock for each share of First Savings that they own. KSF is seeking

Broadstone Net Lease Announces Closing of $350 Million Senior Notes Offering

Lastest from Businesswire - Fri, 09/26/2025 - 18:41
VICTOR, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease Announces Closing of $350 Million Senior Notes Offering

Blackstone Mortgage Trust Announces Third-Quarter 2025 Earnings Release and Conference Call

Lastest from Businesswire - Fri, 09/26/2025 - 18:41
NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the “Company”) today announced that it will publish its third-quarter 2025 earnings presentation on its website at www.bxmt.com and file its Form 10-Q pre-market on Wednesday, October 29, 2025. The Company will also host a conference call the same day at 9:00 a.m. ET to review results. To register for the webcast, please use the following link: https://event.webcasts.com/starthere.jsp?ei=1735594&tp_key=ec7b6b8798 For t

Capital One Financial Corporation to Webcast Conference Call on Third Quarter 2025 Earnings

Lastest from Businesswire - Fri, 09/26/2025 - 18:41
MCLEAN, Va.--(BUSINESS WIRE)--On Tuesday, October 21, 2025, at approximately 4:05 p.m. Eastern Time, Capital One Financial Corporation (NYSE: COF) will release its third quarter 2025 earnings results. Additionally, the company will host a conference call at 5:00 p.m. Eastern Time to review financial and operating performance for the quarter ending September 30, 2025. The call will be webcast live and the earnings release will be available on the company’s homepage at www.capitalone.com. A repla

PepGen Announces Closing of Underwritten Public Offering of Common Stock and Exercise in Full of the Underwriters’ Option to Purchase Additional Shares

Lastest from Businesswire - Fri, 09/26/2025 - 18:41
BOSTON,--(BUSINESS WIRE)--PepGen Inc. (Nasdaq: PEPG), a clinical-stage biotechnology company developing the next generation of oligonucleotide therapies with the goal of transforming the treatment of severe neuromuscular and neurological diseases, today announced the closing of its previously announced underwritten public offering of 35,937,500 shares of its common stock, which includes the exercise in full of the underwriters’ option to purchase 4,687,500 additional shares, at the public offer

KBRA Assigns 'A' Rating to Chicago Midway International Airport Senior Lien Revenue and Revenue Refunding Bonds Series 2025A (AMT) and Series 2025B (Non-AMT)

Lastest from Businesswire - Fri, 09/26/2025 - 18:41
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term rating of A to the City of Chicago, Illinois (the City) Chicago Midway International Airport (Midway or the Airport) Senior Lien Revenue and Revenue Refunding Bonds Series 2025A (AMT) and Series 2025B (Non-AMT). KBRA concurrently affirms the long-term A rating on the City's outstanding parity Senior Lien Revenue Bonds issued for Midway. The Outlook is Stable. Proceeds of the Series 2025 Bonds will finance elements of the Airport’s FY 2025 – FY

Cox Capital Partners Extends Mini-Tender Offer for Shares of FS Specialty Lending Fund to October 31, 2025

Lastest from Businesswire - Fri, 09/26/2025 - 15:41
PHILADELPHIA--(BUSINESS WIRE)---- $fsen #alternativeinvestments--Cox Capital Partners extends mini-tender offer for FS Specialty Lending Fund to Oct. 31, 2025, at $11.50 per share.

APFC Releases 2025 Annual Report: 49 Forward

Lastest from Businesswire - Fri, 09/26/2025 - 15:41
JUNEAU, Alaska--(BUSINESS WIRE)--The Alaska Permanent Fund Corporation (APFC) announced the release of its 2025 Annual Report, titled “49 Forward.” The Fund’s success is a testament to Alaskans’ foresight and collective pledge to securing long-term value for all generations of Alaskans. “This year, the Fund reached its highest fiscal year-end value ever, thanks to the disciplined stewardship of APFC staff and my fellow Trustees,” said Board Chair Jason Brune. “Dividends hitting Alaskans’ bank a

Novo Nordisk A/S Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights – NVO

Lastest from Businesswire - Fri, 09/26/2025 - 15:41
LOS ANGELES--(BUSINESS WIRE)--Novo Nordisk A/S Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights – NVO

AM Best Revises Outlooks to Positive for Universal Insurance Company; Affirms Credit Ratings of Universal Life Insurance Company

Lastest from Businesswire - Fri, 09/26/2025 - 15:41
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised the outlook to positive from stable and affirmed the Financial Strength (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) of Universal Insurance Company (UIC). At the same time, AM Best has affirmed the FSR of B (Fair) and the Long-Term ICR of “bb+” (Fair) of Universal Life Insurance Company (ULICO). The outlook of ULICO’s Credit Ratings (ratings) is stable. Both companies are domiciled in Guayn

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