Feed aggregator
KBRA Assigns Preliminary Ratings to COOPR Residential Mortgage Trust 2025-CES1 (COOPR 2025-CES1)
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 8 classes of Certificates from COOPR Residential Mortgage Trust 2025-CES1 (COOPR 2025-CES1), a $310.6 million RMBS transaction, as of the cut-off date, sponsored by Nationstar Mortgage LLC d/b/a Mr. Cooper and Loan Funding Structure V LLC and consists almost entirely of 4,618 newly originated closed-end second lien mortgages (CES; 99.8%). The underlying pool is seasoned approximately one month and all loans are originated solely by
SOUTHERN STATES BANCSHARES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Southern States Bancshares, Inc. - SSBK
NEW YORK CITY & 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 Southern States Bancshares, Inc. (NasdaqGS: SSBK) to FB Financial Corporation (NYSE: FBK). Under the terms of the proposed transaction, shareholders of Southern States will receive 0.800 shares of FB Financial for each share of Southern States that they own. KSF is seeking to determine whether
PJT Partners Inc. to Report First Quarter 2025 Financial Results and Host a Conference Call on April 29, 2025
NEW YORK--(BUSINESS WIRE)--PJT Partners Inc. (“PJT Partners”) (NYSE:PJT) announced that it expects to release its first quarter 2025 financial results on Tuesday morning, April 29, 2025. The earnings release will be available through the Investor Relations section of the PJT Partners website at https://www.pjtpartners.com/. PJT Partners will host a conference call on Tuesday, April 29, 2025 at 8:30 a.m. ET with access available via webcast and telephone. Paul J. Taubman, Chairman and Chief Exec
Cornerstone Community Bancorp Reports Financial Results for the First Quarter Ended March 31, 2025
RED BLUFF, Calif.--(BUSINESS WIRE)--Cornerstone Community Bancorp (OTC Pink: CRSB) announced today its financial results for the first quarter ended March 31, 2025. The Company reported net income of $1,273,000 for the three months ended March 31, 2025 compared to net income of $1,394,000 for the same period last year. Diluted earnings per share were $0.82 for the three months ended March 31, 2025 compared to diluted earnings per share of $0.91 for the same period last year. President and CEO,
Lone Star Funds Announces Purchase of 175-Room Hotel in Yokohama
DALLAS & NEW YORK & LONDON & TOKYO--(BUSINESS WIRE)--Lone Star Funds (“Lone Star”) announced that an affiliate of Lone Star Real Estate Fund VII, L.P. has successfully completed the purchase of a 175-room hotel in Yokohama, Japan from Singapore based real estate development, investment, capital and property management company, Mapletree Investments Pte Ltd, in a transaction advised by JLL. The hotel opened in November 2020 as part of a 1.8 million square foot mixed-use redevelopment project led
Northern Trust Declares Quarterly Dividends on Common and Preferred Stock
CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation (Nasdaq: NTRS), holding company of The Northern Trust Company, has declared a quarterly cash dividend of $0.75 per share on its common stock ($1.66-2/3 par value), payable on July 1, 2025, to holders of record at 5:00 p.m., Chicago time, on June 6, 2025. Northern Trust Corporation also declared cash dividends of $293.75 per share of its Series E non-cumulative perpetual preferred stock (resulting in a distribution of $0.29375 per depository s
ICU Medical, Inc. (ICUI) Investors Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of ICU Medical, Inc. (“ICU Medical” or the “Company”) (NASDAQ: ICUI) investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN ICU MEDICAL, INC. (ICUI), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. Contact the Law Offices of Howard G. Smith to discuss your legal rights by e
FHLB Dallas Releases 2024 Corporate Impact Report
DALLAS--(BUSINESS WIRE)-- #affordablehousing--The Federal Home Loan Bank of Dallas (FHLB Dallas) has released its 2024 Corporate Impact Report highlighting strategic initiatives and results from the past year, including the launch of four innovative pilot programs and continued commitment to affordable housing and community investment programs. During the past year, FHLB Dallas supported its members’ liquidity and banking needs by providing short- and long-term advances (loans), support for residential mortgage len
FeganScott Announces Investigation into MedEx Data Breach That Compromised Private Employee and Patient Information
CHICAGO--(BUSINESS WIRE)--Today, consumer-rights law firm FeganScott announced that it has launched an investigation into Medical Express Ambulance (MedEx), one of Illinois’ largest private ambulance services, following confirmation from the company and the Attorney General of Maine that patient health information and employee personal information belonging to more than 118,000 individuals was stolen during a large-scale cyber attack. According to the company’s statement, on March 18, 2024, “Me
ZBIO INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Zenas BioPharma, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements concerning Zenas business and prospects, resulting in its stock trading at inflated prices.
Underwood Law Says Deadline Fast Approaching for Claims in Class Action Varsity Cheerleader Lawsuit
AMARILLO, Texas--(BUSINESS WIRE)--Underwood Law says the May 5, 2025, deadline is fast approaching to file claims in Jones v. Varsity Brands, LLC, a lawsuit that alleged antitrust violations by cheerleading giant Varsity Brands. Varsity settled the suit for $82.5 million while denying wrongdoing, and the court did not rule on the allegations. Varsity previously settled a similar antitrust lawsuit for $43.5 million. Class members have until May 5, 2025, to submit claims in the Jones case. Claims
KBRA Releases Research – Retail Sales and Jobs Growth Firm in March as Trade Tensions Whipsaw Markets
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases research examining solid March retail sales and employment gains amid a less certain outlook as Trump administration tariff actions rattle both consumer sentiment and financial markets. Click here to view the report. Recent Publications Potential Impact of Tariffs on Municipal Credit Retail Sales and Employment Grew in February, but Restrictive Interest Rates and Policy Uncertainty Cloud Outlook Van Hesser's 3 Things in Credit: A Weekly Podcast About KBR
IBTA INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Ibotta, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements concerning Ibotta business and prospects, resulting in its stock trading at inflated prices.
Patomak Global Partners Announces New Supervisory Board and Executive Committee
WASHINGTON--(BUSINESS WIRE)--Patomak Global Partners, LLC today announced a new management structure featuring a supervisory board and an executive committee of partners. The new structure represents the firm’s transition to new leadership as its founder Paul S. Atkins departs the firm to commence his new role as Chairman of the U. S. Securities and Exchange Commission. Atkins founded Patomak 16 years ago to provide expert advice on compliance, risk management, conflict resolution, and overall
KBRA Assigns Preliminary Ratings to Angel Oak Mortgage Trust 2025-HB1 (AOMT 2025-HB1)
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to six classes of mortgage-backed notes from Angel Oak Mortgage Trust 2025-HB1 (AOMT 2025-HB1), a $191.3 million RMBS transaction sponsored by Angel Oak Real Estate Investment Trust III (Angel Oak), consisting of first lien (9.1%) and second lien (86.2%) home equity line of credit (HELOC; 95.2% total HELOC population) loans, as well as 4.8% closed-end second (CES) loans. The underlying pool is seasoned approximately six months and comp
Northpointe Bancshares, Inc. Reports First Quarter 2025 Results
GRAND RAPIDS, Mich.--(BUSINESS WIRE)-- #FirstQuarter--Northpointe Bancshares Reports First Quarter 2025 Results
Veritone Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in building human-centered enterprise AI solutions, today announced that the Compensation Committee of its Board of Directors granted an equity award on April 2, 2025 under its Inducement Grant Plan to one new employee, as an inducement material to her entering into employment with Veritone in accordance with Nasdaq Listing Rule 5635(c)(4). This equity award consists of restricted stock units representing the right to receive upon
D.A. Davidson Advises Stack’s Bowers Galleries in its Sale to A-Mark Precious Metals
IRVINE, Calif.--(BUSINESS WIRE)--D.A. Davidson & Co. announced today that it served as the exclusive sell-side financial advisor to Spectrum Group International, Inc. (“SGI”), the parent of Stack’s Bowers Galleries (“SBG”, or the “Company”) in its sale to A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (“A-Mark”). Stack’s Bowers Galleries is a heritage brand founded in 1933 in New York and known as America’s oldest rare coin auctioneer and dealership. The Company’s Auction Services unit conduct
The Central and Eastern Europe Fund, Inc., and The New Germany Fund, Inc. Announce Annual Meetings of Stockholders
NEW YORK--(BUSINESS WIRE)--The Central and Eastern Europe Fund, Inc. (NYSE: CEE) and The New Germany Fund, Inc. (NYSE: GF) (each, a “Fund,” and, collectively, the “Funds”) announced today that the Annual Meeting of Stockholders for each Fund will be held at 10:30 a.m., Eastern time on June 30, 2025 at the offices of DWS Investment Management Americas, Inc., 875 Third Avenue, New York, New York 10022. Holders of shares of common stock of record of the Funds at the close of business on May 16, 20
The European Equity Fund, Inc. Announces Annual Meeting of Stockholders
NEW YORK--(BUSINESS WIRE)--The European Equity Fund, Inc. (NYSE: EEA) (the “Fund”) announced today that the Annual Meeting of Stockholders for the Fund will be held at 10:00 a.m., Eastern time on June 30, 2025 at the offices of DWS Investment Management Americas, Inc., 875 Third Avenue, New York, New York 10022. Holders of shares of common stock of record of the Funds at the close of business on May 16, 2025 are entitled to vote at the meeting and any postponements or adjournments thereof. At t