Feed aggregator
Deadline Alert: Fortrea Holdings Inc. (FTRE) Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP reminds investors of the upcoming August 1, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Fortrea Holdings Inc. (“Fortrea” or the “Company”) (NASDAQ: FTRE) securities between July 3, 2023 and February 28, 2025, inclusive (the “Class Period”). IF YOU SUFFERED A LOSS ON YOUR FORTREA INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS T
AIG Announces Reference Yields and Total Consideration for its Tender Offers for Certain Outstanding Notes
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced the pricing terms for each series of the Notes included in its previously announced tender offers (the “Offers”) to purchase outstanding notes of the series listed in the table below (collectively, the “Notes”) for cash up to a maximum $300 million aggregate amount of Total Consideration (as defined below), excluding the Accrued Coupon Payment (as defined below). The Offers are being made pursuant to AIG’s
Templeton Emerging Markets Income Fund (“TEI” or the “Fund”) Announces Distribution
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Templeton Emerging Markets Income Fund [NYSE: TEI] today announced a monthly distribution from net investment income of $0.0475 per share, payable on June 30, 2025, to shareholders of record on June 16, 2025 (Ex-Dividend Date: June 16, 2025). The Fund’s Board of Trustees (the “Board”) has authorized a managed distribution plan (the “Plan”) pursuant to which the Fund makes monthly distributions to shareholders at the fixed rate of $0.0475 per share. The Pl
Milliman analysis: Corporate pension funding continues rebound in May as discount rates hit 20-month high
SEATTLE--(BUSINESS WIRE)--Milliman, Inc., a premier global consulting and actuarial firm, today released its monthly Milliman 100 Pension Funding Index (PFI), which analyzes the 100 largest U.S. corporate pension plans. During May, discount rates rose 14 basis points to 5.71%—a 20-month high—which shaved $19 billion off PFI plan liabilities. Meanwhile, a 0.68% monthly investment return added $2 billion to the market value of plan assets. As of May 31, the PFI asset value stood at $1.254 trillio
Templeton Emerging Markets Fund (“EMF”) Announces Distribution
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Templeton Emerging Markets Fund (NYSE: EMF) today announced a quarterly distribution from net investment income of $0.22 per share, payable on June 30, 2025, to shareholders of record on June 16, 2025 (Ex-Dividend Date: June 16, 2025). The Fund’s Board of Trustees (the “Board”) has authorized a Managed Distribution Plan (the “Plan”), under which the Fund will make quarterly distributions to shareholders at a fixed rate of $0.22 per share. The Plan aims to
Franklin Limited Duration Income Trust (“FTF” or the “Fund”) Announces Distribution
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Limited Duration Income Trust [NYSE American: FTF] today announced a monthly distribution from net investment income of $0.0615 per share, payable on June 30, 2025, to shareholders of record on June 16, 2025 (Ex-Dividend Date: June 16, 2025). The Fund’s Board of Trustees (the “Board”) has authorized a managed distribution plan (the “Plan”) pursuant to which the Fund makes monthly distributions to shareholders at the fixed rate of $0.0615 per share. T
Dick Sayles Continues Chambers USA Streak with Dual Top Rankings
DALLAS--(BUSINESS WIRE)--Richard A. “Dick” Sayles has been named a Senior Statesperson by Chambers USA, a prestigious distinction that reflects his enduring influence and leadership among Texas trial and commercial litigation attorneys. This elite recognition marks a new milestone in Mr. Sayles’ long-running streak of Chambers honors. The Senior Statesperson category is reserved for exceptional lawyers who continue to play a pivotal role in the legal community through their insight, strategic c
FTRE INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Fortrea Holdings Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements concerning Fortrea business and prospects, resulting in its stock trading at inflated prices.
Franklin Universal Trust (“FT” or the “Fund”) Announces Distribution
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Universal Trust [NYSE: FT] today announced a monthly distribution from net investment income of $0.0425 per share, payable on June 30, 2025, to shareholders of record on June 16, 2025 (Ex-Dividend Date: June 16, 2025). The Fund’s primary investment objective is to provide high, current income consistent with preservation of capital. Its secondary objective is growth of income through dividend increases and capital appreciation. Distributions may vary
NextGen Healthcare Welcomes Madison Dearborn Partners as New Investment Partner and Announces Planned Leadership Succession
REMOTE-FIRST COMPANY/CHICAGO/SAN FRANCISCO--(BUSINESS WIRE)-- #NextGenHealthcare--NextGen Healthcare, Inc. (“NextGen Healthcare” or the “Company”), a leading provider of innovative, cloud-based healthcare technology solutions, today announced that funds affiliated with Madison Dearborn Partners, LLC (“MDP”), a leading private equity investment firm based in Chicago, have completed their acquisition of a significant ownership position in NextGen Healthcare. Thoma Bravo, a leading software investment firm, retains a
AM Best Revises Outlooks to Stable for DTRIC Insurance Company, Limited and DTRIC Insurance Underwriters, Limited
HONG KONG--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of DTRIC Insurance Company, Limited (DTRIC) and its reinsured affiliate, DTRIC Insurance Underwriters, Limited. Both companies are domiciled in Honolulu, HI. The Credit Ratings (ratings) reflect DTRIC’s balance sheet strength, which AM Best assesses as strong, as well as its marginal op
Dallas Trial Attorney Alex Brauer Earns Prestigious Chambers USA Honors
DALLAS--(BUSINESS WIRE)--Alex Brauer, co-founder of the litigation boutique Bailey Brauer PLLC, has again earned recognition from Chambers USA for his handling of high-stakes commercial disputes. This is the seventh consecutive year Mr. Brauer has been honored for his commercial litigation practice. Published by London-based Chambers and Partners, the annual Chambers USA guide is regarded as the nation’s most respected legal directory based on its comprehensive analysis of attorneys and law fir
Athena Capital Forms an Advisory Board and Announces Lindsey Vonn as a Board Member
NEW YORK--(BUSINESS WIRE)--Athena Capital, a top funding partner for growth-stage, technology-enabled companies on the verge of public or M&A exits, today announced the formation of its advisory board. Lindsey Vonn, three-time Olympic medalist, eight-time world championship medalist, alpine skier, philanthropist and entrepreneur, will join the board and offer her strategic outlook. One of the most decorated athletes in winter sports history, Vonn has garnered three Olympic medals and eight
AM Best Affirms Credit Ratings of Mitsui Sumitomo Insurance Company, Limited and Its Affiliates
HONG KONG--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa” (Superior) of Mitsui Sumitomo Insurance Company, Limited (MSI) (Japan). Concurrently, AM Best has affirmed the FSR of A+ (Superior) and the Long-Term ICRs of “aa” (Superior) of MSI’s U.S. operating companies, which are domiciled in New York, NY: Mitsui Sumitomo Insurance Company of America, Mitsui Sumitomo Insurance USA Inc. and MSI
Chambers USA 2025 Ranks Ifrah Law for National Gaming & Licensing Practice
WASHINGTON--(BUSINESS WIRE)--Ifrah Law is pleased to announce that Chambers USA 2025 has once again ranked the firm as a leader in Nationwide: Gaming & Licensing. Additionally, every firm partner is individually ranked this year, representing multiple practice areas including gaming and licensing, white collar and government investigations, and insurance law. “Chambers is the gold standard for evaluating legal excellence worldwide, and we are proud to have all four partners of the firm rank
Software Suites, AI Reshaping Customer Experience, ISG Says
STAMFORD, Conn.--(BUSINESS WIRE)-- #AI--New ISG Buyers Guides™ provide rankings and ratings of 29 software providers and their products for governing and optimizing customer experience.
Rosen Law Firm Urges Reckitt Benckiser Group PLC (OTC: RBGLY) Stockholders to Contact the Firm for Information About Their Rights
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces that a shareholder filed a class action on behalf of purchasers of American Depositary Shares (“ADSs”) of Reckitt Benckiser Group PLC (OTC: RBGLY) between January 13, 2021 through July 28, 2024. Reckitt describes itself as a “U.K.-based consumer goods and health conglomerate.” For more information, submit a form, email attorney Phillip Kim, or give us a call at 866-767-3653. The Allegations: Rosen Law Firm i
Dualboot Partners Signs Strategic Collaboration Agreement with AWS to Supercharge Cloud Adoption for SMBs
CHARLOTTE, N.C.--(BUSINESS WIRE)-- #AWS--Dualboot Partners signs SCA with AWS to help SMBs modernize apps, adopt cloud faster, and reduce costs using AI and proven AWS-powered frameworks.
First Trust Announces Expected Effective Date of First Trust Specialty Finance and Financial Opportunities Fund Reorganization into FT Confluence BDC & Specialty Finance Income ETF
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that, subject to the satisfaction of certain customary closing conditions, the reorganization of First Trust Specialty Finance and Financial Opportunities Fund (NYSE: FGB), a closed-end management investment company, managed by FTA and sub-advised by Confluence Investment Management LLC (“Confluence”), into FT Confluence BDC & Specialty Finance Income ETF (NYSE Arca: FBDC), an actively managed exchange-traded
AM Best Affirms Credit Ratings of Ansvar Insurance Limited
SINGAPORE--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Ansvar Insurance Limited (Ansvar) (Australia). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Ansvar’s balance sheet strength, which AM Best assesses as very strong, as well as its marginal operating performance, limited business profile and appropriate enterprise risk management. In addition, Ansvar’s rating