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Stonepeak and CHC Form Japanese Battery Energy Storage Platform
NEW YORK & TOKYO--(BUSINESS WIRE)--Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, and CHC, a leading battery energy storage system (“BESS”) project development and electricity data management company headquartered in Singapore, today announced the creation of a platform focused on the development, construction, and operation of energy storage projects in Japan. Leveraging Stonepeak's investment experience in Japan’s renewable sector and CHC's te
KBRA Assigns Rating to Blue Owl Credit Income Corp.'s $500 Million Senior Unsecured Notes due 2029
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a rating of BBB to Blue Owl Credit Income Corp.'s (“OCIC” or “the company”) $500 million 6.60% senior unsecured notes due September 15, 2029. The rating Outlook is Stable. The proceeds will be used to pay down revolver borrowings and other secured financing. Key Credit Considerations The rating reflects the company’s ties to the sizeable $91.3 billion Blue Owl Credit platform where the company has SEC exemptive relief to co-invest with other funds managed
The Law Offices of Frank R. Cruz Announces Investigation of Veradigm Inc. (MDRX) on Behalf of Investors
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Veradigm Inc. (“Veradigm” or the “Company”) (NASDAQ: MDRX) concerning whether the board of directors breached its fiduciary duties to Veradigm shareholders. If you are a shareholder who suffered a loss, click here to participate. On February 28, 2023, Veradigm disclosed that it “detected certain internal control failures related to revenue recognition that have occurred over the prior six quarters,” res
The European Equity Fund, Inc. and The New Germany Fund, Inc. Declare Distributions
NEW YORK--(BUSINESS WIRE)--The European Equity Fund, Inc. (NYSE: EEA) and The New Germany Fund, Inc. (NYSE: GF) (each, a “Fund,” and collectively, the “Funds”) each announced today that its Board of Directors declared the distributions set forth below. GF’s and EEA’s total distributions will be paid in cash to the stockholders of record as of May 24, 2024. Details for each Fund’s distributions are as follows: Declaration- 05/14/2024 Ex-Date- 05/23/2024 Record- 05/24/2024 Payable- 06/0
Boston Omaha Corporation Announces First Quarter 2024 Financial Results
OMAHA, Neb.--(BUSINESS WIRE)--Boston Omaha Corporation (NYSE: BOC) (the “Company”, “we”, or “our”) announced its financial results for the first quarter ended March 31, 2024, in connection with filing its Quarterly Report on Form 10-Q with the Securities and Exchange Commission. We show below summary financial data for the first quarter of 2024 and 2023. Our Quarterly Report on Form 10-Q can be found at www.bostonomaha.com. For the Three Months Ended March 31, 2024 2023 Billboard Rental
Dean Omar Branham Shirley Named 2024 Elite Trial Lawyer Finalist
DALLAS--(BUSINESS WIRE)--Dean Omar Branham Shirley, LLP, a plaintiffs firm known for securing significant verdicts in mesothelioma cases, is a finalist for The National Law Journal’s 2024 Elite Trial Lawyers award for products liability. Candidates for the award must dedicate at least 50 percent of their litigation resources to representing plaintiffs. Winners in several categories will be announced on July 11 in New York City. “This is a tribute to the hard work of every person in our firm. Th
Palmer Square Prices Over $1.8 Billion in CLOs Setting the Market
MISSION WOODS, Kan.--(BUSINESS WIRE)--Palmer Square Capital Management (“Palmer Square”), a credit-focused asset management firm with over $30.0 billion in assets, is pleased to announce over $1.8 billion of CLO issuances across three benchmark transactions within the past week. Palmer Square priced Palmer Square Loan Funding 2024-3, a $1.0 billion static collateralized loan obligation (“CLO”) primarily composed of broadly syndicated first lien senior secured loans. Palmer Square significantly
Ellington Credit Company Reports First Quarter 2024 Results
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company, formerly known as Ellington Residential Mortgage REIT (NYSE: EARN) ("we", "us," or "our"), today reported financial results for the quarter ended March 31, 2024. Highlights Net income (loss) of $4.0 million, or $0.20 per share. Adjusted Distributable Earnings1 of $5.3 million, or $0.27 per share. Book value of $7.21 per share as of March 31, 2024, which includes the effects of dividends of $0.24 per share for the quarter. Net inte
ECA Marcellus Trust I Announces Quarterly Distribution
HOUSTON--(BUSINESS WIRE)--ECA MARCELLUS TRUST I (OTC Pink: ECTM) announced today that the Trust’s distribution for the quarter ended March 31, 2024, will be $0.021 per unit, which is expected to be distributed on or before May 31, 2024, to holders of record as of the close of business on May 21, 2024. Since the first quarter of 2019, the Trustee has been gradually building a cash reserve for the payment of future known, anticipated or contingent expenses or liabilities of the Trust by withholdi
Two Harbors Investment Corp. Announces Details Pertaining to the 2024 Annual Meeting of Stockholders
NEW YORK--(BUSINESS WIRE)--Two Harbors Investment Corp. Announces Details Pertaining to the 2024 Annual Meeting of Stockholders
BEN Reports First Quarter 2024 Financial Results
JACKSON, Wyo.--(BUSINESS WIRE)--Brand Engagement Network Inc. (“BEN”) (Nasdaq: BNAI), an emerging provider of personalized customer engagement AI, today announced its financial results and key business highlights for the first quarter ended March 31st, 2024. “We are excited to announce our first set of results as a public company following our Nasdaq listing in March,” said Michael Zacharski, CEO of BEN. “We are making solid progress on our key strategic priorities, and believe we are well-posi
Forge Global to Attend the J.P. Morgan 52nd Annual Global Technology, Media and Communications Conference
SAN FRANCISCO--(BUSINESS WIRE)--Forge Global Holdings, Inc. (“Forge,” or the “Company”) (NYSE: FRGE), a leading private securities marketplace, today announced that Mark Lee, Chief Financial Officer, and Dominic Paschel, SVP Finance and Investor Relations, will participate in the J.P. Morgan 52nd Annual Global Technology, Media, and Communications Conference. Details for the event are as follows: Where: J.P. Morgan 52nd Annual Global Technology, Media, and Communications Conference, Boston, MA.
Intellinetics Grows 2024 First Quarter Revenues 7.7%, Grows SaaS Revenue 13.5%
COLUMBUS, Ohio--(BUSINESS WIRE)--Intellinetics, Inc. (NYSE American: INLX), a digital transformation solutions provider, announced financial results for the three months ended March 31, 2024, the first quarter of 2024. 2024 First Quarter Financial Highlights Total Revenue increased 7.7% over the same period in 2023; the growth in the first quarter was fully organic. Software as a Service revenue increased 13.5% over the same period in 2023. “IPAS” (IntelliCloud Payables Automation System) conti
AIR Communities Named a 2024 Top Workplace in South Florida
MIAMI--(BUSINESS WIRE)--Apartment Income REIT Corp. ("AIR" or “AIR Communities”) (NYSE: AIRC) today announced that it has been named a Top Workplace in South Florida by The Sun Sentinel. The annual list of Top Workplaces is administered by Energage and based solely on anonymous employee feedback that measures several aspects of workplace culture, including alignment, execution, and engagement. “We are honored to be named a Top Workplace in South Florida for the second year in a row,” said Vice
TVB Response to Nielsen Gauge and Media Distributor Gauge Reports: Still Not the Whole Story – Making Reports Irrelevant to Marketers!
NEW YORK--(BUSINESS WIRE)-- #advertising--TVB CEO Steve Lanzano says Nielsen's Gauge report misleads marketers into thinking their commercials can reach more streaming viewers than is possible
AM Best Assigns Issue Credit Rating to CNO Financial Group, Inc.’s New Senior Unsecured Notes
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Long-Term Issue Credit Rating of “bbb” (Good) to the $700 million, 6.45% senior unsecured notes, due June 15, 2034, of CNO Financial Group, Inc. (CNO) (Carmel, IN) [NYSE: CNO]. The notes are callable at any time prior to March 15, 2034. The outlook assigned to this Credit Rating (rating) is stable. All other ratings of CNO and its subsidiaries are unchanged. The proceeds from this debt issuance are expected to be used for general corporate
Barings Global Short Duration High Yield Fund Announces May 2024 Monthly Distribution of $0.1056 per Share
CHARLOTTE, N.C.--(BUSINESS WIRE)--The Barings Global Short Duration High Yield Fund (the “Fund”) (NYSE: BGH) announced its monthly dividend for May 2024 of $0.1056 per share, payable on June 3, 2024. Based on the Fund’s April 30, 2024 share price of $13.93 per share, the dividend represents an annualized yield of 9.10% per share. Based on current projections through the payable date, the Fund expects that this dividend will be comprised of net investment income. In addition, the Fund announced
GRM Information Management Leads Thinking on AI Tools That Inform Enterprise-Wide AI Deployment
JERSEY CITY, N.J.--(BUSINESS WIRE)--How to use AI in business is daunting. GRM suggests that applying AI to document management is the smartest and most fruitful place to start.
The Hustis Jovanovic Team Rebrands as the Paradigm Advisory Team at Compass
NEW YORK--(BUSINESS WIRE)--The Hustis Jovanovic Team Rebrands as the Paradigm Advisory Team at Compass
Deadline Reminder: Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Altimmune, Inc. (ALT)
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the upcoming July 5, 2024 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased Altimmune, Inc. (“Altimmune” or the “Company”) (NASDAQ: ALT) securities between December 1, 2023 and April 26, 2024, inclusive (the “Class Period”). Investors suffering losses on their Altimmune investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal ri