Lastest from Businesswire

BOSTON--(BUSINESS WIRE)--Morgan Stanley Investment Management (MSIM), a global asset manager, today announced the closing of Morgan Stanley Eaton Vance CLO 2025-21, Ltd., marking the investment team’s first Collateralized Loan Obligation (CLO) in 2025. The $400 million transaction was priced on March 7 and increases CLO platform assets to approximately $7.5 billion across twenty vehicles. Wells Fargo Securities served as sole arranger for the deal. “We’re excited to be back in the new issue mar

WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company” or “FSP”) (NYSE American: FSP), a real estate investment trust (REIT), announced today that it expects to release its results for the first quarter 2025 after the market closes on Tuesday, April 29, 2025. The Company will hold a conference call/webcast with the investment community to discuss the results at 11:00 AM ET on Wednesday morning, April 30, 2025. To access the call, please dial 888-440-4368 and use conf

AUSTIN, Texas--(BUSINESS WIRE)--CS Disco, Inc. (“DISCO”) (NYSE: LAW), a creator of industry-leading litigation technology, today announced that it will report its financial results for the first quarter ended March 31, 2025 after market close on Wednesday, May 7, 2025. The financial results and business highlights will be discussed on a conference call and webcast scheduled at 4:00 p.m. Central Time (5:00 p.m. Eastern Time) on Wednesday, May 7, 2025. The conference call can be accessed by diali

ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) today announced that it has made equity inducement grants ("Inducement Grant") to Akshay Naheta, its newly appointed Co-Chief Executive Officer, effective March 21, 2025, pursuant to New York Stock Exchange Listed Company Manual Rule 303A.08 (the "NYSE Rule"). In accordance with the NYSE Rule, Bakkt approved the grant to Mr. Naheta as a material inducement to Mr. Naheta accepting his new role as Co-CEO. As provided for in Mr. N

COLUMBIA, Tenn.--(BUSINESS WIRE)--First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, reported that shareholders elected a slate of nine directors and ratified the selection of Plante & Moran, PLLC as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025. In comments made at the annual meeting of shareholders, Brian K. Williams, First Farmers’ Chairman and CEO, said, “First Far

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) today reported net income of $76.3 million for the first quarter of 2025, or $1.42 per share on a diluted basis, on revenue of $430.9 million. Book value per share increased to $75.57 from $74.54 at December 31, 2024. PFSI’s Board of Directors declared a first quarter cash dividend of $0.30 per share, payable on May 23, 2025, to common stockholders of record as of May 14, 2025. First Quarter 2025 Highlight

BUFFALO, N.Y.--(BUSINESS WIRE)--Rand Capital (Nasdaq: RAND) Announces First Quarter 2025 Financial Results Conference Call and Webcast

SAN FRANCISCO--(BUSINESS WIRE)--Marin Software Incorporated (NASDAQ: MRIN) (“Marin,” “we,” “our,” or the “Company”), a provider of digital marketing software for performance-driven advertisers and agencies, on April 16, 2025, received a notice (the “Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) indicating that, as a result of the delinquency in the timely filing of the Company’s annual report on Form 10-K for the fiscal year ended December 31, 202

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net loss attributable to common shareholders of $0.8 million, or $(0.01) per common share on a diluted basis for the first quarter of 2025, on net investment income of $44.5 million. PMT previously announced a cash dividend for the first quarter of 2025 of $0.40 per common share of beneficial interest, which was declared on March 6, 2025, and will be paid on April 25, 2025, to common shareho

NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced that its board of directors has declared a second quarter 2025 common stock dividend of $0.5675 per share, an increase of 4.1% from the first quarter common stock dividend of $0.545 per share. MetLife has increased its common stock quarterly dividend at a 9.0% compound annual growth rate since 2011. The dividend will be payable on June 10, 2025, to shareholders of record as of May 6, 2025. “The financial strength of MetLife en

NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the Class A common stock — ticker symbol DTC —of Solo Brands, Inc. (the “Company”) from the NYSE. Trading in the Company’s Class A common stock will be suspended immediately. NYSE Regulation has determined that the Company’s Class A common stock is no longer suitable for listing based on “abnormally low selling price”

SIOUX FALLS, S.D.--(BUSINESS WIRE)--Pathward Financial, Inc. (“Pathward Financial” or the “Company”) (Nasdaq: CASH) reported net income of $74.3 million, or $3.11 per share, for the three months ended March 31, 2025, compared to net income of $65.3 million, or $2.56 per share, for the three months ended March 31, 2024. CEO Brett Pharr said, “At the halfway point for the fiscal year, our businesses are healthy, and we are optimistic about the future. We have made significant progress toward our

MOUNT LAUREL, N.J.--(BUSINESS WIRE)--1st Colonial Bancorp, Inc. Reports First Quarter 2025 Results

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of East Caribbean Reinsurance Company Limited (ECRC) (Anguilla). The outlook of these Credit Ratings (ratings) is positive. The ratings reflect ECRC’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management. The positive outlooks

IRVINE, Calif.--(BUSINESS WIRE)---- $LDI #LDI--loanDepot, Inc. to Report First Quarter 2025 Financial Results on May 6, 2025

MCLEAN, Va.--(BUSINESS WIRE)--Capital One Financial Corporation (NYSE: COF) today announced net income for the first quarter of 2025 of $1.4 billion, or $3.45 per diluted common share, compared with net income of $1.1 billion, or $2.67 per diluted common share in the fourth quarter of 2024, and with net income of $1.3 billion, or $3.13 per diluted common share in the first quarter of 2024. Adjusted net income(1) for the first quarter of 2025 was $4.06 per diluted common share. "Last week, we re

NEW YORK--(BUSINESS WIRE)--Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.14646 per share on the Fund’s outstanding common stock. The distribution is payable on May 22, 2025 to shareholders of record on May 12, 2025. The ex-dividend date is May 12, 2025. The Fund will pay a previously declared distribution today, April 22, 2

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Forrester Research, Inc. (Nasdaq: FORR) will broadcast its first-quarter earnings conference call at 4:30 p.m. ET on May 6, 2025. The call will be available at Forrester.com. Investors who wish to hear the call should log on at least 15 minutes prior to the broadcast. Participants may pre-register for the call here. Instructions are provided to ensure that the necessary audio applications are downloaded and installed. Users can obtain these programs at no char

NELSONVILLE, Ohio--(BUSINESS WIRE)--Rocky Brands, Inc. (NASDAQ: RCKY) today announced that the company will release its financial results for the first quarter ended March 31, 2025, after the market close on Tuesday, April 29, 2025. Management will host a conference call that afternoon (April 29, 2025) at 4:30 p.m. ET to discuss the financial results. Investors and analysts interested in participating in the call are invited to dial (877) 704-4453 (domestic) or (201) 389-0920 (international). T

PASADENA, Calif.--(BUSINESS WIRE)--East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, reported its financial results for the first quarter of 2025. First quarter 2025 net income was $290 million, or $2.08 per diluted share. Returns on average assets were 1.56%, returns on average common equity were 15.0%, and returns on average tangible common equity1 were 15.9%. Book value per share grew 3% quarter-over-quarter and 14% year-over-year. “East