Lastest from Businesswire

Subscribe to Lastest from Businesswire feed Lastest from Businesswire
Business Wire - The global leader in news distribution
Updated: 1 hour 15 min ago

Securities Fraud Investigation Into Stride, Inc. (LRN) Continues – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz

Wed, 10/29/2025 - 21:57
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz continues its investigation of Stride, Inc. (“Stride” or the “Company”) (NYSE: LRN) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON STRIDE, INC. (LRN), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On September 14, 2025, Simply Wall St. published a report stating that the Gallup-M

First Foundation Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of First Foundation Inc. - FFWM

Wed, 10/29/2025 - 21:57
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 Foundation Inc. (NYSE: FFWM) to FirstSun Capital Bancorp (NasdaqGS: FSUN). Under the terms of the proposed transaction, shareholders of First Foundation will receive 0.16083 of a share of FirstSun common stock for each share of First Foundation that they own. KSF is seeking to determine whethe

Olympic Steel Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Olympic Steel, Inc. - ZEUS

Wed, 10/29/2025 - 21:57
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 Olympic Steel, Inc. (NasdaqGS: ZEUS) to Ryerson Holding Corporation (NYSE: RYI). Under the terms of the proposed transaction, shareholders of Olympic Steel will receive 1.7105 Ryerson shares of common stock for each share of Olympic Steel that they own and will own approximately 37% of the combined

CSG Systems Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of CSG Systems International, Inc. - CSGS

Wed, 10/29/2025 - 21:57
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 CSG Systems International, Inc. (NasdaqGS: CSGS) to NEC Corporation. Under the terms of the proposed transaction, shareholders of CSG will receive $80.70 in cash for each share of CSG that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, o

KBRA Assigns Preliminary Ratings to Pagaya Point of Sale Holdings Grantor Trust 2025-2 and Pagaya Point of Sale Holdings Trust 2025-2

Wed, 10/29/2025 - 21:57
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to nine classes of notes issued by Pagaya Point of Sale Holdings Grantor Trust 2025-2 and Pagaya Point of Sale Holdings Trust 2025-2 (collectively “POSH 2025-2”), a point-of-sale unsecured consumer loan ABS transaction. POSH 2025-2 has initial hard credit enhancement levels of 34.98% for the Class A Notes to 2.18% for the Class F Notes. Credit enhancement is comprised of overcollateralization, subordination (except for the Class F Note

Rosen Law Firm Encourages Hormel Foods Corporation Investors to Inquire About Securities Class Action Investigation – HRL

Wed, 10/29/2025 - 21:57
NEW YORK--(BUSINESS WIRE)--Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Hormel Foods Corporation (NYSE: HRL) resulting from allegations that Hormel may have issued materially misleading business information to the investing public. So What: If you purchased Hormel securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

AM Best Revises Outlooks to Negative for Everest Group, Ltd. and Its Subsidiaries

Wed, 10/29/2025 - 18:57
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of the operating subsidiaries of Everest Group, Ltd. (Bermuda) (collectively referred to as Everest). Concurrently, AM Best has revised the outlooks to negative from stable and affirmed the Long-Term ICRs of “a-” (Excellent) of Everest Group, Ltd. and Everest Reinsura

Fiserv, Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights – FI

Wed, 10/29/2025 - 18:57
LOS ANGELES--(BUSINESS WIRE)--Fiserv, Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights – FI

Citizens Financial Group Announces Prime Rate Change

Wed, 10/29/2025 - 18:57
PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) announced today that Citizens Bank, N.A. has decreased its prime lending rate to 7.00 percent from 7.25 percent, effective Thursday, October 30, 2025. About Citizens Financial Group, Inc. Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $222.7 billion in assets as of September 30, 2025. Headquartered in Providence, Rhode Island, Citizens offers a broad range of reta

Northern Trust Decreases Prime Rate

Wed, 10/29/2025 - 18:57
CHICAGO--(BUSINESS WIRE)-- #primerate--Northern Trust has decreased its prime rate, effective October 30, 2025.

KBRA Assigns Preliminary Ratings to Oxford Finance Funding Trust 2025-1

Wed, 10/29/2025 - 18:57
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to three classes of notes issued by Oxford Finance Funding Trust 2025-1 (the Issuer or Oxford 2025-1). Oxford 2025-1 is primarily secured by a pool of senior secured loans originated and serviced by Oxford Finance LLC (Oxford, the Originator or Servicer) to companies operating in the healthcare industry and adjacent markets. Oxford will be retaining the equity in Oxford 2025-1. As of September 22, 2025, with balances pro forma through

LRN Investors Have Opportunity to Join Stride, Inc. Fraud Investigation with the Schall Law Firm

Wed, 10/29/2025 - 18:57
LOS ANGELES--(BUSINESS WIRE)---- $LRN--LRN Investors Have Opportunity to Join Stride, Inc. Fraud Investigation with the Schall Law Firm

Mercado Libre's Strategic Investments Drive Net Revenue to $7.4 Billion in Q3 2025, Marking the 27th Consecutive Quarter of Growth Above 30% YoY

Wed, 10/29/2025 - 18:57
MONTEVIDEO, Uruguay--(BUSINESS WIRE)--
Mercado Libre (NASDAQ: MELI), Latin America’s leading e-commerce and fintech platform, today announced its third quarter 2025 financial results, with net revenue growing 39% YoY to US$7.4 billion, marking the 27th consecutive quarter of growth above 30% YoY. Market share and NPS data show that we have significantly strengthened our competitive position through the same period. In Q3, we went even further by investing in the expansion of free shipping

U.S. Bank Decreases Prime Lending Rate to 7.00 Percent

Wed, 10/29/2025 - 18:57
MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bank Decreases Prime Lending Rate to 7.00 Percent

TSG Consumer Announces Exit from Joe Hudson’s Collision Center

Wed, 10/29/2025 - 18:57
SAN FRANCISCO & MONTGOMERY, Ala.--(BUSINESS WIRE)--TSG Consumer (“TSG”), a leading private equity firm specializing in consumer brands, announced today that it has signed a definitive agreement to sell its majority stake in Joe Hudson’s Collision Center (“JHCC”), a leader in the collision repair industry, to Boyd Group Services Inc. (TSX: BYD) (“Boyd”), one of the largest operators of collision repair centers in North America. The transaction, valued at $1.3 billion, is expected to close in the

Deutsche Bank Decreases Prime Lending Rate to 7.00%

Wed, 10/29/2025 - 18:57
NEW YORK--(BUSINESS WIRE)--Deutsche Bank today announced that its New York Branch, Deutsche Bank New York (DBNY), and its affiliate Deutsche Bank Trust Company Americas (DBTCA) have decreased their prime lending from 7.25% to 7.00% effective tomorrow, October 30, 2025. About Deutsche Bank Deutsche Bank provides commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, small

NJDCY INVESTOR ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Nidec

Wed, 10/29/2025 - 18:57
NEW YORK--(BUSINESS WIRE)---- $NJDCY #Faruqi--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Nidec Corporation (“Nidec” or the “Company”) (OTC: NJDCY). Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com. On September 3, 2025, Nidec disclosed it had established a

LRN INVESTIGATION ALERT: Stride, Inc. Enrollment Issues Trigger Securities Fraud Investigation after Stock Plummets 50% -- Investors Urged to Contact BFA Law

Wed, 10/29/2025 - 18:57
NEW YORK--(BUSINESS WIRE)---- $LRN #BFA--Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Stride, Inc. (NYSE: LRN) for potential violations of the federal securities laws. If you invested in Stride, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/stride-inc-class-action-lawsuit. Why Is Stride Being Investigated for Securities Fraud? Stride is an education technology company that provides an online platform to students thr

Franklin BSP Realty Trust, Inc. Announces Third Quarter 2025 Results

Wed, 10/29/2025 - 18:57
NEW YORK--(BUSINESS WIRE)--Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced financial results for the quarter ended September 30, 2025. Reported GAAP net income of $17.6 million for the three months ended September 30, 2025, compared to $24.4 million for the three months ended June 30, 2025. Reported diluted earnings per share ("EPS") to common stockholders of $0.12 for the three months ended September 30, 2025, compared to $0.19 for the three months ended

Deadline Soon: Quantum Corporation (QMCO) Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz About Securities Fraud Lawsuit

Wed, 10/29/2025 - 18:57
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming November 3, 2025 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired Quantum Corporation (“Quantum” or the “Company”) (NASDAQ: QMCO) securities between November 15, 2024, and August 18, 2025, inclusive (the “Class Period”). IF YOU ARE AN INVESTOR WHO LOST MONEY ON QUANTUM CORPORATION (QMCO), CLICK HERE TO PARTICIPATE IN T

Pages