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Clearwater Analytics Finalizes Acquisition of Enfusion

Mon, 04/21/2025 - 17:19
BOISE, Idaho & NEW YORK & CHICAGO & LONDON & HONG KONG--(BUSINESS WIRE)--Clearwater Analytics (NYSE: CWAN), the most comprehensive technology platform for investment management, today announced the successful completion of its acquisition of Enfusion, Inc. (NYSE: ENFN), a leader in software-as-a-service (SaaS) solutions for the investment management and hedge fund sectors, in a deal valued at approximately $1.5 billion. This strategic combination positions Clearwater as the industry’s first sin

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1375 Per Share for May

Mon, 04/21/2025 - 17:19
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Intermediate Duration Preferred & Income Fund (the "Fund") (NYSE: FPF) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.1375 per share payable on May 15, 2025, to shareholders of record as of May 1, 2025. The ex-dividend date is expected to be May 1, 2025. The monthly distribution information for the Fund appears below. First Trust Intermediate Duration Preferred & Income Fund (FPF): Distributio

First Trust Announces Adjournment of Special Meeting of Shareholders Relating to the Reorganization of First Trust Specialty Finance and Financial Opportunities Fund with and into FT Confluence BDC & Specialty Finance Income ETF

Mon, 04/21/2025 - 17:19
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the special meeting of shareholders of First Trust Specialty Finance and Financial Opportunities Fund (NYSE: FGB) (the “Fund”) held on April 21, 2025 has been adjourned in order to permit additional solicitation of shareholders and to allow shareholders additional time to vote on the reorganization of the Fund with and into FT Confluence BDC & Specialty Finance Income ETF, a newly formed series of First T

First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.097 Per Share for May

Mon, 04/21/2025 - 17:19
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.097 per share payable on May 15, 2025, to shareholders of record as of May 1, 2025. The ex-dividend date is expected to be May 1, 2025. The monthly distribution information for the Fund appears below. First Trust Senior Floating Rate Income Fund II (FCT): Distribution per share: $0.097 Distribut

W. R. Berkley Corporation Reports First Quarter Results

Mon, 04/21/2025 - 17:19
GREENWICH, Conn.--(BUSINESS WIRE)--W. R. Berkley Corporation (NYSE: WRB) today reported its first quarter 2025 results. Summary Financial Data (Amounts in thousands, except per share data)   First Quarter     2025       2024           Gross premiums written $ 3,683,939     $ 3,362,755   Net premiums written   3,133,302       2,851,291           Net income to common stockholders   417,571       442,471   Net income per diluted share (1)   1.04       1.09           Operating income (2)   404,744

First Trust Mortgage Income Fund Declares its Monthly Common Share Distribution of $0.075 Per Share for May

Mon, 04/21/2025 - 17:19
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Mortgage Income Fund (the "Fund") (NYSE: FMY) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.075 per share payable on May 15, 2025, to shareholders of record as of May 1, 2025. The ex-dividend date is expected to be May 1, 2025. The monthly distribution information for the Fund appears below. First Trust Mortgage Income Fund (FMY): Distribution per share: $0.075 Distribution Rate based on the April 17

First Trust High Yield Opportunities 2027 Term Fund Declares its Monthly Common Share Distribution of $0.125 Per Share for May

Mon, 04/21/2025 - 17:19
WHEATON, Ill.--(BUSINESS WIRE)--First Trust High Yield Opportunities 2027 Term Fund (the "Fund") (NYSE: FTHY) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.125 per share payable on May 27, 2025, to shareholders of record as of May 1, 2025. The ex-dividend date is expected to be May 1, 2025. The monthly distribution information for the Fund appears below. First Trust High Yield Opportunities 2027 Term Fund (FTHY): Distribution per share: $0.125

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

Mon, 04/21/2025 - 17:19
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of the monthly distributions for certain exchange-traded funds advised by FTA. The following dates apply to today's distribution declarations:       Expected Ex-Dividend Date:   April 22, 2025       Record Date:   April 22, 2025       Payable Date:   April 30, 2025 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount   ACTIVELY MANAGED EXCHANGE-TRADED FUNDS   First Trust Exchange-Traded F

Circle Announces Payments Network to Transform Global Money Movement

Mon, 04/21/2025 - 17:19
NEW YORK--(BUSINESS WIRE)--Circle Internet Group, Inc., a global financial technology company and stablecoin market leader, today announced Circle Payments Network (CPN) to connect financial institutions – banks, neo-banks, payment service providers, virtual asset service providers and digital wallets – and enable real-time settlement of cross-border payments using regulated stablecoins. CPN marks the next chapter in Circle’s evolution, extending beyond trusted stablecoins and developer platfor

ICR Capital Expands Convertible and Equity Derivatives Advisory Team with Two Senior Hires

Mon, 04/21/2025 - 17:19
NEW YORK--(BUSINESS WIRE)-- #IR--ICR, a leading strategic communications and advisory firm, announced today that its broker-dealer affiliate, ICR Capital, has hired Kristina Woodhouse and Gian-Marco Frey as Managing Directors in its Convertible and Equity Derivatives Advisory team. Both join from Matthews South and bring extensive experience advising corporate clients on complex capital structure strategies. “This is a unique moment in the market, with volatility reshaping how companies think about c

Deep Track Capital Files Definitive Proxy Statement and Sends Letter to Fellow Shareholders

Mon, 04/21/2025 - 17:19
GREENWICH, Conn.--(BUSINESS WIRE)--Deep Track Capital, LP, (together with its affiliates, “Deep Track” or “we”), one of the largest shareholders of Dynavax Technologies Corporation (NASDAQ: DVAX) (“Dynavax”, “DVAX” or the “Company”), with ownership of approximately 14.53% of the Company’s outstanding shares, today announced that it has filed a definitive proxy statement in connection with its nomination of four highly qualified candidates for election to the Company’s Board of Directors (the “B

TrueBlue to Announce First Quarter 2025 Results

Mon, 04/21/2025 - 17:19
TACOMA, Wash.--(BUSINESS WIRE)--TrueBlue (NYSE: TBI) will release first quarter 2025 earnings results after the market close on Monday, May 5, 2025. Management will discuss the results on a webcast at 2:00 p.m. PT (5:00 p.m. ET) on Monday, May 5, 2025. The webcast and a presentation of financial information will be available on TrueBlue’s website: www.trueblue.com. An audio replay will be available on the Company's website for a period of six months following the call. About TrueBlue TrueBlue (

Metropolitan Bank Holding Corp. Reports First Quarter 2025 Results

Mon, 04/21/2025 - 17:19
NEW YORK--(BUSINESS WIRE)--Metropolitan Bank Holding Corp. (the “Company”) (NYSE: MCB), the holding company for Metropolitan Commercial Bank (the “Bank”), reported net income of $16.4 million, or $1.45 per diluted common share, for the first quarter of 2025 compared to $21.4 million, or $1.88 per diluted common share, for the fourth quarter of 2024, and $16.2 million, or $1.46 per diluted common share, for the first quarter of 2024. Mark DeFazio, President and Chief Executive Officer, commented

FIS to Report First Quarter Earnings on May 6, 2025

Mon, 04/21/2025 - 17:19
JACKSONVILLE, Fla.--(BUSINESS WIRE)--FIS® (NYSE: FIS), a global leader in financial services technology, will announce first quarter 2025 financial results on Tues., May 6, 2025, prior to market open. The company will sponsor a live webcast of its earnings conference call with the investment community beginning at 8:30 a.m. (EDT) the same day. To access the webcast, go to the Investor Relations section of FIS’ homepage, www.fisglobal.com. A replay will be available after the conclusion of the l

ServisFirst Bank Announces New Chief Credit Officer

Mon, 04/21/2025 - 17:19
BIRMINGHAM, Ala.--(BUSINESS WIRE)--ServisFirst Bank, a subsidiary of ServisFirst Bancshares (NYSE:SFBS), is pleased to announce the hiring of Jim Harper as Senior Vice President and Chief Credit Officer. A seasoned leader with more than two decades of experience in credit risk and portfolio management, Harper will oversee the Bank’s credit administration and approval processes, working closely with leadership to support the Bank’s continued growth and prudent lending practices. “Jim Harper brin

ServisFirst Bancshares, Inc. Announces Results For First Quarter of 2025

Mon, 04/21/2025 - 17:19
BIRMINGHAM, Ala.--(BUSINESS WIRE)--ServisFirst Bancshares, Inc. (NYSE: SFBS), today announced earnings and operating results for the quarter ended March 31, 2025. First Quarter 2025 Highlights: Diluted earnings per share of $1.16 for the quarter, up 26.1% from the first quarter of 2024. Deposits grew by $886 million, or 26% annualized, during the quarter. Loans grew by $281 million, or 9% annualized, during the quarter. Book value per share of $30.56, up 12.9% from the first quarter of 2024 and

CareDx Reports Inducement Grant under Nasdaq Listing Rule 5635(c)(4)

Mon, 04/21/2025 - 17:19
BRISBANE, Calif.--(BUSINESS WIRE)--CareDx, Inc. (Nasdaq: CDNA) – The Transplant Company™ (“CareDx” or the “Company”)— a leading precision medicine company focused on the discovery, development, and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers — today announced that, on April 7, 2025, CareDx granted to Jennifer Foley, the Company’s newly appointed Chief Product Officer, certain stock awards as an inducement material to Ms.

Community West Bancshares Reports Earnings Results for the Quarter Ended March 31, 2025, and Quarterly Dividend

Mon, 04/21/2025 - 17:19
FRESNO, Calif.--(BUSINESS WIRE)-- #cwbc--Community West Bancshares reports earnings results for the quarter ended March 31, 2025, and quarterly dividend

Third Century Bancorp Releases Earnings for the Quarter Ended March 31, 2025

Mon, 04/21/2025 - 17:19
FRANKLIN, Ind.--(BUSINESS WIRE)--(OTCPINK: TDCB) - Third Century Bancorp (“Company”), the holding company for Mutual Savings Bank (“Bank”), announced it recorded unaudited net income of $449,000 for the quarter ended March 31, 2025, or $0.38 per basic and diluted share, compared to net income of $330,000 for the quarter ended March 31, 2024, or $0.28 per basic and diluted share. “Overall, I am pleased with how we have started the year,” noted David A. Coffey, President and CEO of Third Century

Earned Acquires Chahal & Associates, Expanding its Tax-Smart Financial Services for Healthcare Professionals

Mon, 04/21/2025 - 17:19
NEW YORK--(BUSINESS WIRE)--Earned Wealth, a leading tech-enabled financial services firm created specifically for doctors, their families, and their practices, today announced the acquisition of Chahal & Associates, a premier tax and accounting firm based in Hercules, California with a strong client base of ~2,200 doctors, business owners and high-net-worth professionals. This strategic move strengthens Earned’s position as the preferred financial partner for healthcare professionals and pr

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