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NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to ten classes of mortgage pass-through certificates from CROSS 2025-H5 Mortgage Trust, an RMBS transaction issued under the CROSS shelf, where Hildene in affiliation with CrossCountry Mortgage and CrossCountry Capital sponsored the transaction. The $416.5 million transaction is collateralized by a pool of 881 residential mortgages originated by CCM, including a meaningful concentration of collateral that KBRA considers to be “non-prim

CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (Nasdaq: OCCI) (“OFS Credit”, the “Company”, “we”, “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced the following net asset value (“NAV”) estimate at May 31, 2025. Management’s unaudited estimate of the range of our NAV per share of our common stock at May 31, 2025 is between $6.23 and $6.33. This estimate is not a comprehensive statement of our fi

PHOENIX--(BUSINESS WIRE)--The threat of more tariffs is raising cost-of-living concerns among many Americans. For those living paycheck-to-paycheck, increased expenses could lead to a debt spiral. “Credit cards often become the fallback when we can’t make ends meet, as cutting entertainment and other non-essentials may not provide enough cushion,” said Manuel Salazar, chief executive officer at Take Charge America, a national nonprofit credit counseling and debt management agency. “With interes

DALLAS--(BUSINESS WIRE)--A dispute between Tesla (TSLA.O) and the Reuters news organization is raising red flags just as Tesla plans to roll out Model Y robotaxis in Austin, Texas, warns attorney and safety expert Amy Witherite, founder of the Witherite Law Group. Tesla’s challenging a Texas Public Records Act request by Reuters for its communications with Austin city officials. In justifying the request an attorney for Reuters wrote that Tesla's intent to deploy the unproven technology on Texa

DALLAS--(BUSINESS WIRE)--The NACD North Texas Chapter, the advocate for the profession of directorship, today announced the election of new officers and board members for 2025–2026, effective July 1. New Officers Tom Leppert, NACD.DC, has been elected as board chair of the NACD North Texas Chapter. Leppert has a distinguished record of accomplishment that includes high-profile leadership positions in both the private and public sector, including chair and CEO of The Turner Corp., CEO of Kaplan

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a preliminary rating to AASET MT-1 Limited and AASET MT-1 LLC (together, AASET MT-1 or the Issuer), Series 2025-2, an aviation ABS transaction. The issuance of the Series A-2 Notes and Series B-2 Notes (together, the Series 2025-2 Notes) represents the Issuer’s second issuance from AASET MT-1 following the issuance of the Series A-1 Notes and Series B-1 Notes (together, the Series 2025-1 Notes), which closed on February 7, 2025. In conjunction with the is

NEW YORK--(BUSINESS WIRE)--Circle Internet Group, Inc. (“Circle”) (NYSE: CRCL), a global financial technology company and stablecoin market leader, today announced that, in connection with its previously completed initial public offering of its Class A common stock, the underwriters have fully exercised their option to purchase an additional 5,100,000 shares of Class A common stock from Circle. The issuance of the additional shares closed on June 11, 2025, bringing the gross proceeds from the i

WASHINGTON--(BUSINESS WIRE)--CFP Board is convening an AI Working Group on June 10-11 at its Washington, D.C., headquarters to explore how artificial intelligence is transforming the financial planning ecosystem and to define the evolving role of human expertise in a tech-powered future. As part of CFP Board’s broader strategy to help the profession thrive in an AI-powered world, the group is developing strategic, actionable recommendations to guide the profession forward, helping ensure that t

HOUSTON--(BUSINESS WIRE)--Phillips 66 executive management will host a webcast at noon ET on Friday, July 25, 2025, to discuss second-quarter 2025 financial results.

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to three classes of notes totaling to $123.17 million issued by FinBe USA Trust 2025-1 (“FinBe 2025-1” or the “Issuer”), a subprime auto loan ABS transaction. Credit enhancement on the notes is comprised of overcollateralization, subordination of junior note classes, a cash reserve account, and excess spread. As of the April 30, 2025 statistical cutoff date, the notes are collateralized by a pool of fixed rate installment automobile lo

NEW YORK--(BUSINESS WIRE)--Jefferies Financial Group Inc. (NYSE: JEF) today announced it will release its second quarter financial results on Wednesday, June 25, 2025 after market close. About Jefferies Jefferies (NYSE: JEF) is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research, wealth, and asset management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies and

GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. announced today that the Company’s Board of Directors has declared a cash dividend of $0.17 per share on its Common Stock (NYSE: DX) for June 2025. The Common dividend is payable on July 1, 2025, to shareholders of record as of June 23, 2025. The Company’s Board also declared the quarterly cash dividend of $0.62395 per share of its 6.900% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (NYSE: DXPRC) for the second quart

LOS ANGELES--(BUSINESS WIRE)--System1, Inc. (NYSE: SST) (“System1” or the “Company”), an omnichannel customer acquisition marketing platform, previously announced on June 10, 2025, that the Company’s board of directors has approved a reverse stock split (the “Reverse Stock Split”) of all of its issued and outstanding Class A Common Stock, par value $0.0001 per share (“Class A Common Stock”) and Class C Common Stock, par value $0.0001 per share (“Class C Common Stock”, and together with the Clas

SAN FRANCISCO--(BUSINESS WIRE)-- #ERP--Tailor, the headless ERP for retail operations, announced the Tailor Operations Resilience Grant program for U.S.-based retailers.

SAN FRANCISCO--(BUSINESS WIRE)--Sigma, the industry-leading analytics platform with unique cloud data platform writeback capabilities, today announced a new strategic partnership with Blueprint Technologies, a leader in data intelligence solutions. The partnership will focus on delivering high-impact data solutions for joint customers, particularly within the Databricks ecosystem. Blueprint Technologies is a data intelligence solution integrator and ISV that helps organizations modernize their

OKLAHOMA CITY--(BUSINESS WIRE)--First American tribal nations in Oklahoma contributed $23.4 billion to the state’s economy in 2023, according to a new study released Wednesday. Tribal leaders announced the results of the study – commissioned by United for Oklahoma and the Oklahoma Indian Gaming Association – on Wednesday at the Oklahoma History Center. Compared to previous periods, the new report indicates the largest increase in economic activity between the years studied. From FY 2019 to FY 2

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a-” (Excellent) from “bbb+” (Good) of Forge Insurance Company (Forge) (Bethesda, MD). The outlook of these Credit Ratings (ratings) has been revised to stable from positive. The ratings reflect Forge’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile an

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Vestis Corporation (“Vestis” or the “Company”) (NYSE: VSTS) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON VESTIS CORPORATION (VSTS), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On May 7, 2025, Vestis released its second quarter fiscal 2025 financi

CHARLOTTE, N.C.--(BUSINESS WIRE)--The Barings Global Short Duration High Yield Fund (the “Fund”) (NYSE: BGH) announced its monthly dividend for June 2025 of $0.1223 per share, payable on July 1, 2025. Based on the Fund’s May 30, 2025 share price of $14.80 per share, the dividend represents an annualized yield of 9.92% 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 bel

PHOENIX--(BUSINESS WIRE)--University of Phoenix is pleased to continue its webinar series with Goalsetter, an award-winning financial education platform dedicated to helping individuals and families achieve financial wellness through engaging and practical resources. The eighth installment of the ten-part series, “How to Plan for Your Eventual Retirement,” will take place on Tuesday, June 17, at 12 p.m. MST. This session, featuring Goalsetter Founder and CEO Tanya Van Court, Edward Jones Adviso