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KBRA Assigns AAA/K1+ Ratings to Various San Diego Unified School District General Obligation Bonds

Lastest from Businesswire - Thu, 09/25/2025 - 18:40
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term rating of K1+ to the San Diego Unified School District (San Diego County, California): 2025 General Obligation Bonds (Dedicated Unlimited Ad Valorem Property Tax Bonds) (Election of 2008, Series P-1) (Federally Taxable); 2025 General Obligation Bonds (Dedicated Unlimited Ad Valorem Property Tax Bonds) (Election of 2018, Series I-1) (Federally Taxable); and, 2025 General Obligation Bonds (Dedicated Unlimited Ad Valorem Property Tax Bonds) (Elec

NASDAQ: FTNT: Kessler Topaz Meltzer & Check, LLP Announces the Filing of a Securities Class Action Lawsuit Against Fortinet, Inc. (FTNT)

Lastest from Businesswire - Thu, 09/25/2025 - 18:40
RADNOR, Pa.--(BUSINESS WIRE)-- #classaction--The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Fortinet, Inc. (“Fortinet”) (NASDAQ: FTNT) on behalf of those who purchased or otherwise acquired Fortinet common stock between November 8, 2024, and August 6, 2025, inclusive (the “Class Period”). The lead plaintiff deadline is November 21, 2025. CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP: If you suffered Fortine

AM Best Upgrades Credit Ratings of Regence BlueShield of Idaho, Inc. and Affirms Credit Ratings of Remaining Members of Regence Insurance Companies

Lastest from Businesswire - Thu, 09/25/2025 - 18:40
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has upgraded the Financial Strength Rating (FSR) to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent) of Regence BlueShield of Idaho, Inc. (Lewiston, ID). In addition, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICRs of “a” (Excellent) of Regence BlueShield (Renton, WA), Regence BlueCross BlueShield of Oregon (Regence BCBSO) (Portland, OR), Regence BlueCros

Pioneer Diversified High Income Fund, Inc. and Pioneer High Income Fund, Inc. Announce Liquidating Distributions

Lastest from Businesswire - Thu, 09/25/2025 - 18:40
BOSTON--(BUSINESS WIRE)--Each of Pioneer Diversified High Income Fund, Inc. (HNW) and Pioneer High Income Fund, Inc. (PHT) announced today that the fund liquidated as planned on September 25, 2025 and the proportionate interests of stockholders in the assets of each fund were determined as of that date. Prior to the opening of business on September 26, 2025, HNW will cease trading on the NYSE American (NYSEAMER) and PHT will cease trading on the New York Stock Exchange (NYSE). Each fund’s prima

Pubmatic, Inc. INVESTOR ALERT: Kirby McInerney LLP Notifies Pubmatic, Inc. Investors of Upcoming Lead Plaintiff Deadline in Class Action Lawsuit

Lastest from Businesswire - Thu, 09/25/2025 - 18:40
NEW YORK--(BUSINESS WIRE)--Kirby McInerney LLP reminds Pubmatic, Inc. (“Pubmatic” or the “Company”) (NASDAQ:PUBM) investors of the October 20, 2025 deadline to seek the role of lead plaintiff in a pending federal securities class action. If you purchased or otherwise acquired Pubmatic securities, have information, or would like to learn more, please contact Thomas W. Elrod of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the form below, to discuss your rights or interest

Ellington Financial Announces Estimated Book Value Per Common Share as of August 31, 2025

Lastest from Businesswire - Thu, 09/25/2025 - 18:40
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) ("we") today announced an estimated book value per share of common stock of $13.33 as of August 31, 2025. This estimate includes the effect of the previously announced monthly dividend of $0.13 per share of common stock, to be paid on September 30, 2025 to holders of record on August 29, 2025, with the same ex-dividend date. Cautionary Statement Regarding Forward-Looking Statements Estimated book value per common share

Johnson Fistel Investigates Fairness of Proposed Sale of TaskUs, Inc.

Lastest from Businesswire - Thu, 09/25/2025 - 18:40
SAN DIEGO--(BUSINESS WIRE)--Shareholder rights law firm Johnson Fistel, PLLP is investigating whether the board of directors of TaskUs, Inc. (NASDAQ: TASK) breached their fiduciary duties in connection with the proposed sale of the company to Blackstone and TaskUs Co-Founders (collectively, the “Buyer Group”). On May 9, 2025, TaskUs entered into a definitive agreement pursuant to which Buyer Group will acquire all outstanding shares of the Company. Under the terms of the agreement, each holder

Bitwise Announces Monthly Distributions for IMST, ICOI, IMRA, and IGME

Lastest from Businesswire - Thu, 09/25/2025 - 18:40
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, IMRA, and IGME. 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 Return Bitwise MSTR Option Income Strategy ETF IMST $3.74999 120.29% 0.00% 100.00% 9/26/2025 9/30/2025 -1.79% N/A 2.40% Bitwi

Avidia Bancorp, Inc. Appoints Michael Gilles to Board of Directors

Lastest from Businesswire - Thu, 09/25/2025 - 18:40
HUDSON, Mass.--(BUSINESS WIRE)--Avidia Bancorp, Inc. (NYSE: AVBC), parent of Avidia Bank, today announced the appointment of Michael “Mike” Gilles to its Board of Directors and to the Board of Directors of Avidia Bank, effective September 25, 2025. “We are thrilled to have Mike join our Board as we transition to a public company. His financial expertise and decades of local community banking experience will be invaluable to Avidia,” said Michael Murphy, Chairman of the Board. “I am delighted to

Texas Super Lawyers Honors Four Miller Fair Henry Attorneys

Lastest from Businesswire - Thu, 09/25/2025 - 18:40
LONGVIEW, Texas--(BUSINESS WIRE)--Four attorneys with trial boutique Miller Fair Henry have once again been honored by Texas Super Lawyers for expertise in intellectual property litigation in the legal guide’s 2025 edition. The recognition from Super Lawyers, which highlights the top 5% of attorneys in the state, is the latest in a year that has included similar honors from other legal publications. In addition, the firm’s attorneys have achieved a series of courthouse victories that include tw

KBRA Affirms Ratings for Nassau Financial Group, L.P. and Subsidiaries; Assigns Rating to New Senior Notes

Lastest from Businesswire - Thu, 09/25/2025 - 18:40
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA affirms its insurance financial strength ratings (IFSR) of BBB+ for Nassau Life Insurance Company (NNY), Nassau Life and Annuity Company (NLA), Nassau Life Insurance Company of Kansas (NKS), and Nassau Re (Cayman) Ltd. (NKY). At the same time, KBRA affirms the BB+ issuer rating for Nassau Financial Group, L.P. (NFG) and the B+ long-term credit rating on NFG’s $100 million of Class C non-voting redeemable perpetual preferred units. KBRA has also assigned a BB+ rat

LTC Advances External Growth Strategy With $40 Million SHOP Acquisition

Lastest from Businesswire - Thu, 09/25/2025 - 18:40
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)---- $LTC #LTC--LTC Properties, Inc. (NYSE: LTC) (“LTC” or the “Company”), a real estate investment trust that invests in seniors housing and health care properties, today announced the closing of a $40 million Senior Housing Operating Portfolio (“SHOP”) acquisition of two assisted living and memory care communities operated by Charter Senior Living. Investment Highlights Investment: $40 million off-market acquisition of two recently built assisted living and memory c

The First Bancorp Declares Third Quarter Dividend

Lastest from Businesswire - Thu, 09/25/2025 - 18:40
DAMARISCOTTA, Maine--(BUSINESS WIRE)--The First Bancorp (NASDAQ: FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 37 cents per share. This third quarter dividend is payable October 16, 2025 to shareholders of record as of October 6, 2025. "The Board of Directors today authorized a dividend of 37 cents per share for the third quarter of 2025," remarked President & Chief Executive Officer, Tony C. McKim. "The dividend continues to be an important c

Fiserv Expands Advisory Services for Financial Institutions with Acquisition of Smith Consulting Group

Lastest from Businesswire - Thu, 09/25/2025 - 18:40
MILWAUKEE--(BUSINESS WIRE)--Fiserv announced the acquisition of Smith Consulting Group, an operational consulting service utilized by community banks and credit unions in the US

Datavault AI Secures $150 Million Strategic Investment from Scilex Holding Company to Build Supercomputer and Launch Independent Data Exchanges in the US

Lastest from Businesswire - Thu, 09/25/2025 - 18:40
BEAVERTON, Ore.--(BUSINESS WIRE)--Datavault AI Secures $150 Million Strategic Investment from Scilex Holding Company to Build Supercomputer and Launch Independent Data Exchanges

BGC Group Updates its Outlook for the Third Quarter of 2025

Lastest from Businesswire - Thu, 09/25/2025 - 18:40
NEW YORK--(BUSINESS WIRE)--BGC Group, Inc. (Nasdaq: BGC), today announced that it has updated its outlook for the quarter ending September 30, 2025. Updated Outlook BGC reaffirmed its previously stated outlook ranges for revenue and pre-tax Adjusted Earnings for the third quarter of 2025. The Company’s outlook was contained in BGC’s financial results press release issued on July 31, 2025, which can be found at http://ir.bgcg.com. Non-GAAP Financial Measures The non-GAAP definitions below includ

Mid Penn Bancorp, Inc. to Acquire Cumberland Advisors

Lastest from Businesswire - Thu, 09/25/2025 - 18:40
HARRISBURG, Pa.--(BUSINESS WIRE)--Mid Penn Bancorp, Inc. (NASDAQ: MPB) (“Mid Penn”), parent company of Mid Penn Bank, announced today that it has entered into an agreement to acquire Sarasota, FL-based Cumberland Advisors (“Cumberland”). Cumberland recorded a year-to-date annualized revenue of $9.0 million as of the quarter ended June 30, 2025, and is expected to bring approximately $3.3 billion new assets under management to the combined company. The Company expects the transaction to be earni

CarMax, Inc. (KMX) Shareholders Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation

Lastest from Businesswire - Thu, 09/25/2025 - 18:40
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith continues its investigation on behalf of CarMax, Inc. (“CarMax” or the “Company”) (NYSE: KMX) investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN CARMAX, INC. (KMX), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmit

Hearing Against Pfizer Set For 29 September In Contraceptive ‘Depo-Provera’ Multidistrict Litigation Overseen By Levin Papantonio

Lastest from Businesswire - Thu, 09/25/2025 - 15:40
PENSACOLA, Fla.--(BUSINESS WIRE)--A hearing in the Depo-Provera legal action against Pfizer Inc. (NYSE:PFE) will take place on Monday, 29 September at 9:00am CT in the United States Courthouse in Pensacola, Florida. The hearing will address oral arguments from the plaintiffs and defendants concerning the issue of pre-emption. The pre-emption defence is common in drug litigation. It involves the drug manufacturer arguing that they cannot be sued for failure to warn under state law, because chang

SWBC Real Estate Breaks Ground on The Royalton at Mercer™ Crossing in Farmers Branch

Lastest from Businesswire - Thu, 09/25/2025 - 15:40
SAN ANTONIO & DALLAS--(BUSINESS WIRE)--SWBC Real Estate breaks ground on The Royalton at Mercer Crossing, a luxury multi-family community in the Dallas/Fort Worth area.

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