Lastest from Businesswire

NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP is pleased to announce that it has created a new practice group focused on supporting whistleblowers under the newly-announced U.S. Department of Justice’s Antitrust Division Whistleblower Rewards Program. The DOJ Antitrust Division’s Whistleblower Rewards Program offers rewards for individuals who report antitrust crimes and related offenses that harm consumers, taxpayers, and free market competition. Under the program rules, whist

PALM BEACH, Fla. & COPPELL, Texas--(BUSINESS WIRE)--Colombier Acquisition Corp. II (NYSE: CLBR) (the “Company” or “Colombier II”), a special purpose acquisition company led by Omeed Malik, and Metroplex Trading Company LLC d.b.a. GrabAGun.com (“GrabAGun”), an online retailer of firearms, ammunition and related accessories, today announced that the Company has, as of the redemption deadline of 5:00 p.m. eastern time on July 11, 2025 (the “redemption deadline”), received minimal redemption reques

STUART, Fla.--(BUSINESS WIRE)--Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF), the holding company for Seacoast National Bank (“Seacoast Bank”), announced today the completion of its acquisition of Heartland Bancshares, Inc. (“Heartland”), parent company of Heartland National Bank, effective July 11, 2025. The merger of Heartland National Bank with and into Seacoast Bank was also effective on the same date, with Seacoast National Bank being the surviving fi

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to six classes of mortgage-backed notes from OBX 2025-NQM13 Trust, a $662.7 million non-prime RMBS transaction. The underlying collateral, comprising 1,208 residential mortgages, is characterized by fixed-rate mortgages (FRMs) and hybrid adjustable-rate mortgages (ARMs) making up 92.8% and 7.2% of the pool, respectively. A majority of the loans are either classified as non-qualified mortgages (Non-QM; 47.2%) or exempt (42.9%) from the

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term rating of AAA to the City of Dublin, OH (the "City") General Obligation (Limited Tax) Various Purpose Improvement and Refunding Bonds, Series 2025. Concurrently, KBRA affirms the long-term rating of AAA for the City's outstanding parity General Obligation (Limited Tax) Various Purpose Improvement and Refunding Bonds. The Outlook is Stable. Key Credit Considerations The rating was assigned/affirmed because of the following key credit considerat

OAKLAND, Calif.--(BUSINESS WIRE)---- $CAPR #CAPR--Shares of Capricor Therapeutics, Inc. plunged over 30% in intraday trading on Friday, July 11, 2025, after the U.S. Food and Drug Administration rejected the company’s Biologics License Application for its lead cell therapy candidate, Deramiocel, claiming that the application “does not meet the statutory requirement for substantial evidence of effectiveness” and lacks “certain outstanding items.” Gibbs Mura is investigating a potential Capricor Therapeutics, In

WILMINGTON, Del.--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) has reaffirmed the senior unsecured debt rating of A- for WSFS Financial Corporation (NASDAQ: WSFS) (“WSFS” or “the Company”). KBRA also reaffirmed WSFS’ subordinated debt rating of BBB+ and a short-term debt rating of K2. WSFS Bank, the Company’s primary subsidiary, received strong credit ratings as well, including A ratings for both senior unsecured debt and deposit, a subordinated debt rating of A-, and the short-term debt an

NEW YORK--(BUSINESS WIRE)---- $BBN--BlackRock Taxable Municipal Bond Trust (the “Fund”) announced today an increase to its monthly distribution rate, driven by higher Fund earnings. The new annualized distribution rate is approximately 7% on BBN’s NAV. Shareholders will receive the higher distribution rate starting with the August 2025 distribution. Details are highlighted in the table below: Fund Name Ticker August 29, 2025 Distribution Change From Prior Distribution Percent Increase BlackRock Taxable

PHOENIX--(BUSINESS WIRE)--Orion Properties Inc. Announces Second Quarter 2025 Earnings Release and Webcast Dates

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 second quarter ended June 30, 2025. The conference call and webcast may contain forward-looking statements and other material information. Event: Earnings Conference Call – Second Quarter 2025 When: Friday, July 25, 2025 at 1:00 p.m. Central Time How: By co

DERIDDER, La.--(BUSINESS WIRE)--AMERISAFE NAMED TO WARD’S PROPERTY-CASUALTY TOP PERFORMERS LIST FOR 17TH CONSECUTIVE YEAR

NEW YORK--(BUSINESS WIRE)--The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of twelve cents ($0.12) per Unit of Beneficial Interest payable on August 20, 2025 to Mesabi Trust Unitholders of record at the close of business on July 30, 2025. This compares to a thirty cents ($0.30) per Unit distribution declared for the same period last year. The Trustees’ announcement today of a twelve cents ($0.12) per Unit distribution, as compared to the thirty cents ($0.30) per Unit distributio

BOSTON--(BUSINESS WIRE)--Eaton Vance Municipal Bond Fund (NYSE American: EIM) (the “Fund”) previously announced that the Fund will conduct a tender offer for up to 5% of the Fund’s then-outstanding common shares if, during the four-month measurement period beginning March 10, 2025 through July 9, 2025, the Fund’s common shares trade at an average discount to net asset value (“NAV”) of more than 7.5% (based upon the average of the difference between its volume-weighted average market price and N

CHARLOTTE, N.C.--(BUSINESS WIRE)--The Barings Global Short Duration High Yield Fund (the “Fund”) (NYSE: BGH) announced its monthly dividend for July 2025 of $0.1223 per share, payable on August 1, 2025. Based on the Fund’s June 30, 2025 share price of $15.40 per share, the dividend represents an annualized yield of 9.53% per share. Based on current projections through the payable date, the Fund expects that this dividend will be comprised of net investment income. The dividend schedule appears

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Murray Stahl will continue to serve as FRMO's Chief Executive Officer after resigning as Chairman of the Board.

LOS ANGELES--(BUSINESS WIRE)---- $FNKO--FNKO Investors Have Opportunity to Join Funko, Inc. Fraud Investigation with the Schall Law Firm

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 60 classes of mortgage pass-through certificates from Sequoia Mortgage Trust 2025-7 (SEMT 2025-7), a $398.6 million prime RMBS transaction. The pool is comprised of 326 first-lien, fully amortizing fixed rate mortgages with 20-year and 30-year maturity terms. The collateral is characterized by a weighted average (WA) original credit score of 779 and moderate borrower equity, with a WA original LTV of 71.9% and WA original CLTV of 71

NEW BEDFORD, Mass. & LOS ANGELES--(BUSINESS WIRE)-- #3PL--Wave Function™, a New Bedford, MA-based founding partnership company, has invested in Packsmith.ai, a Los Angeles-based, AI-driven third-party logistics (3PL) provider transforming e-commerce fulfillment. This strategic investment supports Packsmith’s mission to deliver intelligent, scalable logistics solutions for modern brands. To view the full article, visit https://www.wavefx.com/post/the-future-of-e-commerce Packsmith.ai redefines traditio

JOHNSTOWN, Pa.--(BUSINESS WIRE)--1st Summit Bancorp of Johnstown (the “Company”) today reported its financial results for the second quarter ended June 30, 2025, delivering its strongest quarterly performance in recent years, driven by meaningful expansion in core profitability metrics, improved asset yields, and disciplined cost control. These results reflect the impact of the strategic initiatives launched over the past twelve months, particularly those focused on optimizing funding, realloca

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased iRobot Corporation (“iRobot” or the “Company”) (NASDAQ: IRBT) securities between January 29, 2024 and March 11, 2025, inclusive (the “Class Period”). iRobot investors have until September 5, 2025 to file a lead plaintiff motion. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN IROBOT CORPORATION (IRBT), CONTACT THE LAW OFFICES OF HOWARD G. SMITH T