Lastest from Businesswire
Nestpoint Fuels Univest Securities’ Ascent to Investment Banking Powerhouse in Trump’s Economic Golden Age
DALLAS--(BUSINESS WIRE)--Nestpoint, a Dallas- and Washington, D.C.-based leader in government affairs, finance and private equity, proudly announces its strategic investment in Univest Securities, LLC (https://www.univest.us/), New York’s premier boutique investment bank. This powerhouse partnership positions Univest to rise as a global investment banking leader, harnessing unparalleled opportunities for economic expansion under the Trump administration’s bold vision for American prosperity. Ne
U. S. Steel Comments on Ancora’s Blundering, Value-Destructive “Plan”
PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation ("U. S. Steel" or the “Company”) (NYSE: X) today set the record straight on several flaws in the strategic “plan” for U. S. Steel published by Ancora Catalyst Institutional, LP (“Ancora”). Ancora’s newly unveiled, last-minute “plan” is inconsistent at best and begets the critical question: If Ancora now believes their plan would deliver $75+ per share, why are they suddenly also supporting a $55 per share cash deal with Nippon Steel?
KBRA Assigns Preliminary Ratings to Sequoia Mortgage Trust 2025-4 (SEMT 2025-4)
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 60 classes of mortgage pass-through certificates from Sequoia Mortgage Trust 2025-4 (SEMT 2025-4), a $471.5 million prime RMBS transaction. The pool is comprised of 390 first-lien, fully amortizing fixed rate mortgages with 30-years maturity terms. The collateral is characterized by a weighted average (WA) original credit score of 781 and moderate borrower equity, with a WA original LTV of 72.0% and WA original CLTV of 72.1%. KBRA’s
ICON 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 Lawsuits Against ICON plc - ICLR
NEW YORK CITY & 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 April 11, 2025 to file lead plaintiff applications in securities class action lawsuits against ICON plc (the “Company”) (NasdaqGS: ICLR), if they purchased the Company’s shares between July 27, 2023 and January 13, 2025, inclusive (the “Class Period”). These actions are pending in the United States
AM Best Revises Long-Term Issuer Outlooks to Stable for First Acceptance Corporation and Its Subsidiaries
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlooks to stable from negative for the Long-Term Issuer Credit Ratings (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of C++ (Marginal) and the Long-Term ICRs of “b+” (Marginal) of the subsidiaries of First Acceptance Corporation (Delaware) [OTCQX: FACO], collectively referred to as First Acceptance Group (First Acceptance). The outlook for the FSR is stable. Concurrently, AM Best has revised the outlook to stable from
IBM Joins CMMI Institute’s AI Content Development Initiative
SCHAUMBURG, Ill.--(BUSINESS WIRE)--ISACA’s CMMI Institute announced today that IBM has joined ISACA’s CMMI Performance Solutions as a founding sponsorship lead of the CMMI Artificial Intelligence Working Group (AI WG). This working group is leveraging industry experience and curating best practices for planned updates to the CMMI Model to incorporate AI content. The AI WG has been providing best practice research, examples, process and tool demonstrations, and other curated information to add t
LTC to Participate in the Deutsche Bank Healthcare REIT Summit
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties Inc. (NYSE: LTC) (“LTC” or the “Company”), announced today senior management will participate virtually in Deutsche Bank Healthcare REIT Summit on Thursday, April 10, 2025. The Company’s presentation package will be available online at https://ir.ltcreit.com/Investors. About LTC Properties LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage finan
Novanta Inc. Schedules Earnings Release and Conference Call for Tuesday, May 6, 2025
BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, will release its first quarter 2025 results on Tuesday, May 6, 2025. The Company will host a conference call on Tuesday, May 6, 2025, at 10:00 a.m. ET to discuss these results. To access the call, please dial (888) 346-3959 before the scheduled conference call time. Alternatively, the conference call can be accessed online via a l
California Lawyers Association Issues Statement Defending the Rule of Law
SACRAMENTO, Calif.--(BUSINESS WIRE)--California Lawyers Association (CLA) announced today it has issued the following statement defending the rule of law. Established in 2018, CLA is a nonprofit, voluntary bar association serving thousands of licensed attorneys throughout California. We are the premier statewide voice for the legal community, advocating on behalf of our members on important issues that affect the legal profession. CLA's mission is “promoting excellence, diversity, and inclusion
Paychex, Inc. Announces Pricing of its Senior Notes
ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc. (Nasdaq: PAYX) today announced the pricing of a public offering of $4.2 billion aggregate principal amount of senior notes, consisting of $1.5 billion aggregate principal amount of 5.100% notes due 2030, $1.5 billion aggregate principal amount of 5.350% notes due 2032, and $1.2 billion aggregate principal amount of 5.600% notes due 2035. The offering is expected to close on or about April 10, 2025, subject to the satisfaction of customary closing
Generational Group Advises Ray Norton Tire and Auto Center in its Sale to a Private Investor
DALLAS--(BUSINESS WIRE)--Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of Ray Norton Tire and Auto Center to a Private Investor. The acquisition closed March 26, 2025. Located in Valdosta, Georgia, Ray Norton Tire and Auto Center has been providing trusted automotive services since 1987. Family-owned and rooted in Christian values, the company offers tire sales, brake repairs, oil changes, and more, featuring
DWS Municipal Income Trust Declares Monthly Distribution
NEW YORK--(BUSINESS WIRE)--DWS Municipal Income Trust (KTF) (the “Fund”) announced today its regular April monthly distribution. Details are as follows: Declaration – 04/08/2025 Ex Date – 04/21/2025 Record – 4/21/2025 Payable – 04/30/2025 Fund Ticker Distribution Per Share Prior Distribution Per Share DWS Municipal Income Trust KTF $0.0610 $0.0610 The Fund intends to distribute all or substantially all of its net investment income each year through its regular monthl
Corebridge Financial Schedules Announcement of First Quarter 2025 Financial Results
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that it will report first quarter 2025 financial results after the market closes on Monday, May 5, 2025. Corebridge earnings materials will be available in the Investors section of corebridgefinancial.com. Corebridge will host a conference call at 10:00 a.m. EDT on Tuesday, May 6, 2025, to review these results. The webcast can be accessed in the Investors section of corebridgefinancial.com, and a replay will be av
TriplePoint Venture Growth BDC Corp. Investment Grade Rating and Stable Outlook Confirmed by Morningstar DBRS
MENLO PARK, Calif.--(BUSINESS WIRE)--TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (“TPVG” or the “Company”), a leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced that DBRS, Inc. (“Morningstar DBRS”) has confirmed the Company’s investment grade Long-Term Issuer Rating and Long-Term Senior Debt Rating of BBB (low). Morningstar DBRS issued a statement announcing the conf
Bridgewater Bancshares, Inc. to Announce First Quarter 2025 Financial Results and Host Earnings Conference Call
ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB), the parent company of Bridgewater Bank, today announced that it will release its first quarter 2025 financial results after the market closes on Wednesday, April 23, 2025. Bridgewater will then host a conference call and webcast to discuss the results on Thursday, April 24, 2025 at 8:00 a.m. Central Time. Conference Call Details: To join the conference call via phone, please dial 844-481-2913 and request to join
Pathward Financial, Inc. to Announce Second Quarter 2025 Earnings and Host Conference Call on April 22, 2025
SIOUX FALLS, S.D.--(BUSINESS WIRE)--Pathward Financial, Inc. (“Pathward Financial”, the “Company”) (Nasdaq: CASH) today announced it will release financial results for the second quarter of fiscal year 2025 on Tuesday, April 22, 2025, after market close. Pathward Financial will also host a conference call and earnings webcast with a corresponding presentation at 4:00 p.m. Central Time (5:00 p.m. Eastern Time) on the same day to discuss these results. The live webcast of the call can be accessed
The Hackett Group, Inc. Invites You to Participate in the 2025 First Quarter Earnings Conference Call on Tuesday, May 6, 2025
MIAMI--(BUSINESS WIRE)--The Hackett Group, Inc. invites you to participate in the 2025 First Quarter Earnings Conference Call on Tuesday, May 6, 2025
Visa to Announce Fiscal Second Quarter 2025 Financial Results on April 29, 2025
SAN FRANCISCO--(BUSINESS WIRE)--Visa (NYSE: V) will report its fiscal second quarter 2025 financial results on Tuesday, April 29, 2025. After market close, Visa will furnish the results with the Securities and Exchange Commission and post them, along with accompanying financial information, on the Visa Investor Relations website. Visa will issue a news wire alert when the earnings materials are publicly available, including a link to those documents. Visa’s executive management team will then h
Morgan Stanley Direct Lending Fund Announces First Quarter 2025 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--Morgan Stanley Direct Lending Fund (NYSE: MSDL) ("MSDL”), a business development company externally managed by MS Capital Partners Adviser Inc., today announced it will release its financial results for the first quarter ended March 31, 2025, on Thursday, May 8, 2025, after the market closes. MSDL will host a conference call at 10:00 am ET on Friday, May 9, 2025, to review its financial results and conduct a question-and-answer session. Conference Call Information All
First Business Bank Announces First Quarter 2025 Earnings Conference Call
MADISON, Wis.--(BUSINESS WIRE)--First Business Financial Services, Inc. (the “Company” or “First Business Bank”) (Nasdaq:FBIZ) invites participation in a conference call to discuss the Company’s financial and operating performance during its first quarter ended March 31, 2025. The conference call and webcast may contain forward-looking statements and other material information. Event: Earnings Conference Call – First Quarter 2025 When: Friday, April 25, 2025 at 1:00 p.m. Central Time How: By co