Feed aggregator

SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Templeton today announced it will liquidate and dissolve ClearBridge Sustainable Infrastructure ETF (INFR). The liquidation is anticipated to occur on or about January 29, 2026. The liquidation was approved by the Fund’s board of trustees on December 4, 2025. After the close of business on December 31, 2025, the Funds will no longer accept creation orders. Trading in the Funds on Nasdaq Stock Market LLC (NASDAQ) will be halted prior to market open on

MINNEAPOLIS--(BUSINESS WIRE)--Alerus Financial Corporation Declares Cash Dividend on Common Shares

CHICAGO--(BUSINESS WIRE)--The board of directors of Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today declared a quarterly dividend of 50 cents per share, an increase of approximately 10 percent. The dividend is payable Jan. 30, 2026, to shareholders of record as of Jan. 2, 2026. The 4.5 cent increase from the prior quarterly rate of 45.5 cents per share results in an annualized dividend of $2.00 per share compared with the prior annualized rate of $

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation (NYSE:WBS), the holding company for Webster Bank, N.A., announced today that Chairman and CEO John Ciulla is scheduled to speak to investors at the Goldman Sachs 2025 Financial Services Conference, on Wednesday, December 10, at 12:20 p.m. ET. Comments will be accessible via live webcast on the Events page of Websters’ investor relations website at investors.websterbank.com. A replay will also be made available following the event.

NEW ORLEANS--(BUSINESS WIRE)--Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Red River Bank will celebrate the awarding of $522,968 in grants to four organizations during a celebratory check presentation on Tuesday: Fortified Solutions Habitat for Humanity of St. Tammany West Rebuilding Together New Orleans United Way of Southeast Louisiana The grants will assist multiple homeowners in repairing storm-damaged homes and include grants for installing roofs that can wi

NEW YORK--(BUSINESS WIRE)--Morgan Stanley China A Share Fund, Inc. (NYSE: CAF) (the “Fund”) announced today that its Board of Directors (the “Board”) has taken the actions described below. 2026 Tender Offer. The Board has approved a tender offer to acquire in exchange for cash up to 20 percent of the Fund’s outstanding shares at a price equal to 98.5 percent of the Fund’s net asset value per share (“NAV”) (minus the costs and expenses related to the tender offer) as of the pricing date for the

LOS ANGELES--(BUSINESS WIRE)---- $LOGI--LOGI Investors Have Opportunity to Join Logitech International S.A. Fraud Investigation with the Schall Law Firm

SEATTLE--(BUSINESS WIRE)--Milliman, Inc., a premier global consulting and actuarial firm, today released its monthly Milliman 100 Pension Funding Index (PFI), which analyzes the 100 largest U.S. corporate pension plans. During November, the PFI funded ratio edged up from 107.0% at the end of October to 107.1% as of November 30. A 1-basis-point rise in discount rates, to 5.34% in November, drove this result. It shaved $3 billion from plan liabilities and offset market returns of only 0.44%. As o

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of SteadPoint Insurance Company (SteadPoint) (Nashville, TN). The Credit Ratings (ratings) reflect SteadPoint’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management (E

WASHINGTON--(BUSINESS WIRE)--Amsterdam & Partners LLP, acting as counsel to Samvel Karapetyan, prominent businessman and supporter of the Armenian Apostolic Holy Church, strongly condemns the Armenian government’s intensifying campaign of repression against religious leaders and institutions. The arrest and pre-trial detention of Archbishop Arshak Khachatryan this week marks the fourth high-ranking clergyman imprisoned in recent months, following the detentions of Archbishop Bagrat Galstany

BATON ROUGE, La.--(BUSINESS WIRE)--Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Red River Bank will celebrate the awarding of a $1.2 million Affordable Housing Program (AHP) grant to Gulf Coast Housing Partnership (GCHP) for the development of Lotus Village at the Lake, an affordable housing community for older adults. The event is part of a multicity tour celebrating $12 million in funding delivered to Louisiana communities through a 25-year partnership between R

ALEXANDRIA, La.--(BUSINESS WIRE)--Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Red River Bank will celebrate the awarding of $952,050 to Alexandria Housing Authority from the FHLB Dallas FORTIFIED Fund Rental Program during a ceremonial check presentation at 1:00 p.m. Monday, December 8. The event is part of a multicity tour celebrating $12 million in funding delivered to Louisiana communities through a 25-year partnership between Red River Bank and FHLB Dallas. T

LAFAYETTE, La.--(BUSINESS WIRE)--Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Red River Bank will celebrate a $120,000 Disaster Rebuilding Assistance grant to help homeowners in repairing storm-damaged homes. The funding will go to Divine Touch Community Development Center. The event is part of a multicity tour celebrating $12 million in funding delivered to Louisiana communities through a 25-year partnership between Red River Bank and FHLB Dallas. Together, the o

DALLAS--(BUSINESS WIRE)--Orsinger, Nelson, Downing & Anderson is pleased to announce the addition of associates Avery Bragg and Valeria S. Villagomez further strengthening the firm’s capabilities across North Texas. Ms. Bragg, a Dallas native and 2025 graduate of Louisiana State University’s Paul M. Hebert Law Center, joins the firm’s Frisco office. She has been admitted to the State Bar of Texas and is an active member of the family law and litigation sections, the Dallas Bar Association a

LOS ANGELES--(BUSINESS WIRE)--Blue Owl Capital Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights – OWL

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 71 classes of mortgage-backed notes from GCAT 2025-INV5 Trust. The GCAT 2025-INV5 mortgage loans are secured by first liens on non-owner occupied (NOO) investor properties and second homes. The loans were primarily underwritten to agency guidelines. The pool comprises 913 first-lien, fixed rate residential mortgage loans as of the cut-off date. The pool is characterized by moderate borrower equity in each mortgaged property, as evid

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Long-Term Issue Credit Rating of “bbb” (Good) to the $102.5 million, 6% surplus notes, due June 2038, issued by Victor Insurance Exchange (Wilmington, DE). The outlook assigned to this Credit Rating (rating) is stable. As a start-up organization in 2023, the exchange utilized the surplus notes provided by its financial sponsor, Gallatin Point Capital, as its initial capitalization. Over the first five years of operation, capital is expected

MINNEAPOLIS--(BUSINESS WIRE)--Dorsey & Whitney LLP is pleased to announce that its Managing Partner Peter Nelson has received the 2025 TCB 100 award, which honors 100 people in and around Minnesota businesses who are poised to make news and drive change in the year ahead. “I am honored to receive this recognition and grateful to the editors of Twin Cities Business for their consideration,” said Peter Nelson, Dorsey’s Managing Partner. “I am chiefly indebted to the attorneys and business pro

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Templeton Dragon Fund, Inc. (NYSE: TDF) today announced a quarterly distribution from net investment income of $0.10 per share, payable on December 31, 2025, to shareholders of record on December 15, 2025 (Ex-Dividend Date: December 15, 2025). The Fund’s Board of Trustees (the “Board”) has authorized a Managed Distribution Plan (the “Plan”), under which the Fund will make quarterly distributions to shareholders at a fixed rate of $0.10 per share. The Plan

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Templeton Emerging Markets Income Fund [NYSE: TEI] today announced a monthly distribution from net investment income of $0.0475 per share, payable on December 31, 2025, to shareholders of record on December 15, 2025 (Ex-Dividend Date: December 15, 2025). Additionally, the Fund announced a year-end special distribution from net investment income of $0.3050 per share, payable on December 31, 2025, to shareholders of record on December 15, 2025 (Ex-Dividend