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PGIM announces $4.2B final close of middle market direct lending fund

Lastest from Businesswire - Fri, 08/01/2025 - 09:13
CHICAGO--(BUSINESS WIRE)--PSLO II will provide senior secured financing to middle market companies across North America, Europe, and Australia.

AG Mortgage Investment Trust, Inc. Reports Second Quarter 2025 Results

Lastest from Businesswire - Fri, 08/01/2025 - 09:13
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. ("MITT," "we," the "Company," or "our") (NYSE: MITT) today reported financial results for the quarter ended June 30, 2025. MANAGEMENT REMARKS “We are pleased to report second quarter results that once again reflect the strength and resilience of our core business strategy, highlighted by a 5% increase to our common dividend and a modest 2.4% book value decline,” said T.J. Durkin, Chief Executive Officer and President. “We are also ex

Ares Management Corporation Reports Second Quarter 2025 Results

Lastest from Businesswire - Fri, 08/01/2025 - 06:13
NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE:ARES) today reported its financial results for its second quarter ended June 30, 2025. GAAP net income attributable to Ares Management Corporation was $137.1 million for the quarter ended June 30, 2025. On a basic and diluted basis, net income attributable to Ares Management Corporation per share of Class A and non-voting common stock was $0.46 for the quarter ended June 30, 2025. After-tax realized income was $367.9 million for the q

Ouster Announces Upcoming Investor Events

Lastest from Businesswire - Fri, 08/01/2025 - 06:13
SAN FRANCISCO--(BUSINESS WIRE)---- $OUST--Ouster, Inc. (Nasdaq: OUST) (“Ouster” or the “Company”), a global leader in high-performance lidar sensors and intelligent software solutions that bring Physical AI to life across the automotive, industrial, robotics and smart infrastructure sectors, today announced that Ouster management will participate in the upcoming investor events: Event: Oppenheimer 28th Annual Technology, Internet & Communications Conference (Virtual) Date: August 12, 2025 Presentatio

KBRA Releases Research – Dutch Housing Market Update: Resilience Amid Regulatory Realignment

Lastest from Businesswire - Fri, 08/01/2025 - 06:13
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--House prices in the Netherlands have reached record highs, defying expectations that the post-pandemic surge would taper off amid steep interest rate hikes from 2022 to 2023 aimed at curbing inflation. Fears of demand falling off have proven unfounded, as the housing market continues to show resilience. Interest rates are gradually declining from their recent highs, while a strong economy and tight labour market have helped offset affordability concerns. Further, the

KBRA Releases Research – Dutch Housing Market Update: Resilience Amid Regulatory Realignment

Lastest from Businesswire - Fri, 08/01/2025 - 06:13
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--House prices in the Netherlands have reached record highs, defying expectations that the post-pandemic surge would taper off amid steep interest rate hikes from 2022 to 2023 aimed at curbing inflation. Fears of demand falling off have proven unfounded, as the housing market continues to show resilience. Interest rates are gradually declining from their recent highs, while a strong economy and tight labour market have helped offset affordability concerns. Further, the

Landmark Federal Court Ruling Favors No Labels Party of Arizona and Opens the Door for Independent Candidates Across the State

Lastest from Businesswire - Thu, 07/31/2025 - 21:13
PHOENIX--(BUSINESS WIRE)--The No Labels Party of Arizona recently received a favorable ruling in federal court (No Labels Party of AZ v. Fontes), rewriting the state’s political playbook by giving independent and unaffiliated voters, and candidates, unprecedented access to run for office without political party gatekeepers standing in the way. Following the groundbreaking decision by the 9th Circuit Court of Appeals, the No Labels Party of Arizona became officially a viable option for candidate

BRW Announces Notification of Sources of Distributions

Lastest from Businesswire - Thu, 07/31/2025 - 21:13
NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund (NYSE: BRW) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, is notifying shareholders, prospective shareholders, and third parties of the sources of distributions pursuant to Section 19(a) of the Investment Company Act of 1940 (the “Investment Company Act”). IMPORTANT INFORMATION REGARDING MONTHLY DISTRIBUTION Distribution Notice. Pursuant to Section 19(a) of the In

SABA Announces Notification of Sources of Distributions

Lastest from Businesswire - Thu, 07/31/2025 - 21:13
NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, is notifying shareholders, prospective shareholders, and third parties of the sources of distributions pursuant to Section 19(a) of the Investment Company Act of 1940 (the “Investment Company Act”). IMPORTANT INFORMATION REGARDING MONTHLY DISTRIBUTION Distribution Notice. Pursuant to Section 19(a) of th

DYNX Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Dynamix Corporation Is Fair to Shareholders

Lastest from Businesswire - Thu, 07/31/2025 - 21:13
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Dynamix Corporation (NASDAQ: DYNX) and The Ether Machine, Inc. is fair to Dynamix shareholders. Halper Sadeh encourages Dynamix shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Dynamix and its board violated t

MSCI August Index Review Announcement Scheduled for August 07, 2025

Lastest from Businesswire - Thu, 07/31/2025 - 21:13
LONDON--(BUSINESS WIRE)--MSCI Inc. (NYSE:MSCI), a leading provider of critical decision support tools and services for the global investment community, will announce the results of the August 2025 Index Review for the MSCI Equity Indexes - including the MSCI Global Standard, MSCI Global Small Cap and MSCI Micro Cap Indexes, the MSCI Global Value and Growth Indexes, the MSCI Frontier Markets, MSCI Frontier Markets Small Cap and MSCI Frontier Emerging Markets Indexes, the MSCI US Equity Indexes,

INVESTIGATION ALERT: Robbins Geller Rudman & Dowd LLP Launches Investigation into Hamilton Lane Private Assets Fund and Encourages Investors and Potential Witnesses to Contact Law Firm

Lastest from Businesswire - Thu, 07/31/2025 - 21:13
SAN DIEGO--(BUSINESS WIRE)--Robbins Geller Rudman & Dowd LLP is investigating potential breaches of fiduciary duties involving Hamilton Lane Private Assets Fund.

KBRA Assigns AA+ Rating, Stable Outlook to the City of New York General Obligation Bonds

Lastest from Businesswire - Thu, 07/31/2025 - 18:13
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term rating of AA+, with a Stable Outlook to the City of New York (the City) General Obligation Bonds, Fiscal 2026 Series A, B and C, consisting of Tax-Exempt Bonds, Subseries A-1, Tax-Exempt Bonds, Subseries B-1, Taxable Bonds, Subseries B-2, Tax-Exempt Bonds, Subseries C-1, and Taxable Bonds, Subseries C-2. At June 30, 2025, there was approximately $46.72 billion of General Obligation (G.O.) Bonds outstanding. G.O. Bonds are secured by the City’s

Avidia Bancorp, Inc. Closes Initial Public Offering

Lastest from Businesswire - Thu, 07/31/2025 - 18:13
HUDSON, Mass.--(BUSINESS WIRE)--Avidia Bancorp, Inc. (the “Company”), the stock holding company of Avidia Bank, announced today the closing of its initial public offering in connection with the mutual-to-stock conversion of Assabet Valley Bancorp, the former mutual holding company of Avidia Bank, effective as of the close of business today. Listing of the Company’s common stock on the New York Stock Exchange under the ticker symbol “AVBC” is expected to begin on August 1, 2025. The Company sold

University of Phoenix Student Course Surveys Help Confirm Early Skills Acquisition and Value

Lastest from Businesswire - Thu, 07/31/2025 - 18:13
PHOENIX--(BUSINESS WIRE)--University of Phoenix has launched a national ad campaign spotlighting its innovative, skills-mapped curriculum designed to equip adult learners with career-relevant skills in a matter of weeks—not years. Employers have increasingly been prioritizing skills to improve job performance and drive talent development. Reinforcing the commitment to supporting career-focused adult learners, the University includes a key item in its Student End-of-Course Survey to better under

GVA, Led by Alan Stalcup, Grows Nashville Presence with 17th Street Sale

Lastest from Businesswire - Thu, 07/31/2025 - 18:13
SPRINGFIELD, Tenn.--(BUSINESS WIRE)--GVA Real Estate Investments has announced the sale of 17th Street Apartments, a 2- and 3-bedroom apartment community in the heart of Springfield, Tennessee. The transaction represents another successful execution of GVA’s investment strategy, delivering value to both residents and stakeholders in one of the fastest-growing regions outside Nashville. Nestled 30 minutes from downtown Nashville, 17th Street Apartments offers renters a unique blend of affordabil

Wells Fargo Board of Directors Announces Intention to Name CEO, Charlie Scharf, Chairman

Lastest from Businesswire - Thu, 07/31/2025 - 18:13
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced that the Board of Directors of Wells Fargo intends to appoint Charlie Scharf, Chief Executive Officer, Wells Fargo, as Chairman of the Board. When Mr. Scharf becomes Chairman, the Board intends to appoint a Lead Independent Director to support the Board’s continued independent oversight. In addition, the Board awarded Mr. Scharf a one-time special equity grant consisting of $30 million in Restricted Share Righ

WisdomTree Announces Second Quarter 2025 Results

Lastest from Businesswire - Thu, 07/31/2025 - 18:13
NEW YORK--(BUSINESS WIRE)--WisdomTree, Inc. (NYSE: WT), a global financial innovator, today reported financial results for the second quarter of 2025.

OFS Capital Corporation Announces Second Quarter 2025 Financial Results

Lastest from Businesswire - Thu, 07/31/2025 - 18:13
CHICAGO--(BUSINESS WIRE)--OFS Capital Corporation (Nasdaq: OFS) (“OFS Capital,” the “Company,” “we,” “us,” or “our”) today announced its financial results for the fiscal quarter ended June 30, 2025. SECOND QUARTER FINANCIAL HIGHLIGHTS Net investment income decreased to $0.25 per common share for the quarter ended June 30, 2025 from $0.26 per common share for the quarter ended March 31, 2025. Net loss on investments was $0.97 per common share for the quarter ended June 30, 2025. See additional i

Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions

Lastest from Businesswire - Thu, 07/31/2025 - 18:13
NEW YORK--(BUSINESS WIRE)---- $BBN--Today, BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI), Bla

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