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CORSAIR Pursuing an Acquisition of Fanatec, the Leading Brand for Sim Racing Hardware

Lastest from Businesswire - Wed, 05/08/2024 - 22:48
MILPITAS, Calif.--(BUSINESS WIRE)---- $CRSR--CORSAIR® (Nasdaq: CRSR) announced today that it has entered exclusive negotiations to acquire sim racing specialist Endor AG, owners of the world famous Fanatec brand. CORSAIR has reached an agreement with Endor to fund its short-term cash needs while both companies negotiate a restructuring of Endor’s approximately €70 million of debt, which will ultimately result in CORSAIR acquiring Endor. “Fanatec is an incredible brand with a strong community, and we beli

Cotchett, Pitre & McCarthy Mourns the Loss of Former Congressman Pete McCloskey

Lastest from Businesswire - Wed, 05/08/2024 - 22:48
WINTERS, Calif.--(BUSINESS WIRE)--Paul N. “Pete” McCloskey, former Congressman, environmental champion, and partner in the San Francisco Bay Area law firm Cotchett, Pitre & McCarthy, died of congestive heart failure peacefully at his home in Winters, California, in the care of his wife of forty-two years, Helen, and their five dogs. He was 96. McCloskey was a rarity in American politics – his actions were guided by his sense of justice, not by political ideology. He hated inequity and did n

Avolon Announces Pricing of US$1 Billion Senior Unsecured Notes Offering

Lastest from Businesswire - Wed, 05/08/2024 - 22:48
DUBLIN--(BUSINESS WIRE)--Avolon Holdings Limited (“Avolon”), a leading global aviation finance company, announces the pricing of a private offering (the “Offering”) by its wholly owned subsidiary, Avolon Holdings Funding Limited, for a principal aggregate amount of US$1 billion of 5.750% senior unsecured notes due 2029 (the “Notes”). The Notes will be fully and unconditionally guaranteed by Avolon, and by certain of its subsidiaries. The Offering is expected to close on or about 15 May 2024, su

Xtrackers by DWS Announces Product Update to its US Listed ETFs

Lastest from Businesswire - Wed, 05/08/2024 - 22:48
NEW YORK--(BUSINESS WIRE)--Xtrackers by DWS, one of the world's largest and most established providers of exchange traded funds, announced plans to close its Xtrackers S&P 600 SmallCap ESG ETF, a U.S.-listed exchange traded fund (ETF) (the “Fund”) effective May 24, 2024, and to liquidate the Fund effective June 5, 2024. The Fund currently trades on the NYSE Arca exchange (the “Exchange”). After the close of business on May 24, 2024, the Fund will no longer accept creation orders and the fin

Commerce Bancshares, Inc. Announces Visa Inc.’s Acceptance of Class B-1 Common Stock and Investment Securities Repositioning

Lastest from Businesswire - Wed, 05/08/2024 - 22:48
KANSAS CITY, Mo.--(BUSINESS WIRE)--Commerce Bancshares, Inc. (NASDAQ: CBSH) announced today that Visa Inc. has accepted the company’s tender of its 823,447 shares of Visa Class B-1 common stock in exchange for a combination of Visa Class B-2 common stock and Visa Class C common stock. As a result of the exchange, Commerce marked its Visa Class C common stock to fair value and recorded a gain of $175.5 million based on the conversion privilege of the Visa Class C common stock and the closing pri

Reinsurance Group of America Announces Pricing of Senior Notes

Lastest from Businesswire - Wed, 05/08/2024 - 22:48
ST. LOUIS--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA) (the “Company”) announced today that it has priced an aggregate principal amount of $650 million of 5.750% senior notes due 2034 (the “Senior Notes”) pursuant to a public offering. The Company expects to use the net proceeds from the offering for general corporate purposes. BofA Securities, Inc., U.S. Bancorp Investments, Inc. and Wells Fargo Securities, LLC are acting as the joint book-running managers for the o

Wisconsin Appellate Court Sides with Mesothelioma Victim’s Family, Increases Verdict to $13.4 Million

Lastest from Businesswire - Wed, 05/08/2024 - 22:48
MILWAUKEE--(BUSINESS WIRE)--The Wisconsin Court of Appeals has upheld a jury’s verdict on behalf of the family of a mesothelioma victim there and increased the award to $13.4 million. The appeals court affirmed a trial court jury’s verdict in a wrongful death suit filed by the family of Gerald “Jerry” Lorbiecki. Mr. Lorbiecki was a steamfitter who contracted mesothelioma after being exposed to asbestos while working in a bottle house at Pabst’s Milwaukee brewery in the 1970s. The court rejected

Hess Midstream Operations LP Announces Pricing of Upsized Private Offering of Senior Notes Due 2029

Lastest from Businesswire - Wed, 05/08/2024 - 22:48
HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM OPERATIONS LP ANNOUNCES PRICING OF UPSIZED PRIVATE OFFERING OF SENIOR NOTES DUE 2029

BGSF, Inc. Reports First Quarter 2024 Financial Results Generated $7.4 Million of Operating Cash Flow

Lastest from Businesswire - Wed, 05/08/2024 - 22:48
PLANO, Texas--(BUSINESS WIRE)--BGSF, Inc. (NYSE: BGSF), a growing provider of consulting, managed services, and professional workforce solutions, today reported financial results for the first fiscal quarter ended March 31, 2024. Q1 2024 Highlights from Operations: Revenues were $68.8 million for 2024, compared to $75.3 million for 2023. Gross profit was $23.4 million, from $26.8 million in 2023. Operating income was $0.4 million in 2024, up from an operating loss of $20.7 million, which includ

Hasbro Announces Pricing of Public Offering of Notes

Lastest from Businesswire - Wed, 05/08/2024 - 22:48
PAWTUCKET, R.I.--(BUSINESS WIRE)--Hasbro Announces Pricing of Public Offering of Notes

BGSF, Inc. Announces Review of Strategic Alternatives and Suspension of Quarterly Cash Dividend

Lastest from Businesswire - Wed, 05/08/2024 - 22:48
PLANO, Texas--(BUSINESS WIRE)--BGSF, Inc. (NYSE: BGSF), a national provider of consulting, managed services, and workforce solutions, today announced that its Board of Directors has initiated a process to evaluate potential strategic alternatives and has engaged Houlihan Lokey as its financial advisors in this endeavor to maximize shareholder value, and the Company has also suspended its quarterly cash dividend until this strategic review is complete. “Given the continued dislocation of BGSF’s

BNY Mellon Municipal Income Fund, Inc. (NYSE: DMF) Declares Distribution

Lastest from Businesswire - Wed, 05/08/2024 - 22:48
NEW YORK--(BUSINESS WIRE)--On May 8, 2024, BNY Mellon Municipal Income Fund, Inc. (NYSE: DMF) today declared a distribution of $0.019 per share of common stock, payable on June 28, 2024 to shareholders of record at the close of business on June 14, 2024. The ex-dividend date is June 14, 2024. The previous dividend declared in April 2024 was $0.015 per share of common stock. The increase to the Fund’s distribution is primarily due to higher yields earned on the Fund’s investments. Important Info

Kennedy Wilson Announces Dividend of $0.12 Per Common Share for Second Quarter 2024

Lastest from Businesswire - Wed, 05/08/2024 - 22:48
BEVERLY HILLS, Calif.--(BUSINESS WIRE)---- $KW--Global real estate investment company Kennedy Wilson (NYSE: KW) today announced that the company will pay a dividend of $0.12 per share (or $0.48 per share annually) to common shareholders of record as of June 28, 2024, with a payment date of July 5, 2024. The resized dividend rate will allow the Company to retain $66 million per year, strengthening the Company's ability to grow its investment management business, repurchase securities, and reduce leverag

Johnson & Johnson to Participate in the Goldman Sachs 45th Annual Global Healthcare Conference

Lastest from Businesswire - Wed, 05/08/2024 - 22:48
NEW BRUNSWICK, N.J.--(BUSINESS WIRE)--Johnson & Johnson (NYSE: JNJ) will participate in the Goldman Sachs 45th Annual Global Healthcare Conference on Wednesday, June 12th, at the Loews Miami Beach Hotel, Miami Beach, Florida. Jennifer Taubert, Executive Vice President, Worldwide Chairman, Innovative Medicine and John Reed, Executive Vice President, Innovative Medicine R&D will represent the Company in a session scheduled at 2:00 pm (Eastern Time). This live audio webcast will be availab

Paysafe to Participate in the Barclays Emerging Payments and FinTech Forum on May 15

Lastest from Businesswire - Wed, 05/08/2024 - 22:48
LONDON--(BUSINESS WIRE)--Paysafe Limited (NYSE: PSFE), a leading payments platform, today announced that Chief Financial Officer, Alex Gersh, will participate in a fireside chat at the Barclays 14th Annual Emerging Payments and FinTech Forum on Wednesday, May 15, 2024 at 11:30 AM ET. A live webcast of the fireside chat will be available on the Paysafe Investor Relations website at https://ir.paysafe.com/ under the “Events & Presentations” section and archived for a limited time. About Paysa

Integrated Rail and Resources Acquisition Corp. Announces Extension

Lastest from Businesswire - Wed, 05/08/2024 - 22:48
WINTER PARK, Fla.--(BUSINESS WIRE)--Pursuant to the Investment Management Trust Agreement between Integrated Rail and Resources Acquisition Corp. (“Company”) and American Stock Transfer & Trust Company, LLC, dated as of November 11, 2021, as amended on February 8, 2023 (the “Trust Agreement”), the Company received notice from the Company’s sponsor, DHIP Natural Resources Investments, LLC, at least five (5) days prior to May 15, 2024, that the Company intends to extend the time available in

Ventas Announces Pricing of Senior Notes Offering

Lastest from Businesswire - Wed, 05/08/2024 - 22:48
CHICAGO--(BUSINESS WIRE)--Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) announced today that its wholly owned subsidiary, Ventas Realty, Limited Partnership (“Ventas Realty”), has priced an underwritten public offering of $500 million aggregate principal amount of 5.625% Senior Notes due 2034 (the “Notes”) at an issue price equal to 98.750% of the principal amount of the Notes. The Notes will be senior unsecured obligations of Ventas Realty and will be fully and unconditionally guarantee

Milken Institute Inclusive Capitalism Initiative Celebrates Latest Class of HBCU Fellowship Program, Building on Its Commitment to Develop Pathways of Opportunity for Young Leaders

Lastest from Businesswire - Wed, 05/08/2024 - 22:48
LOS ANGELES--(BUSINESS WIRE)--The Milken Institute today celebrated the latest class of its Historically Black Colleges and Universities (HBCU) Fellowship program at its 2024 Global Conference in Los Angeles. The fellowship program, now in its second year, empowers undergraduate students from HBCUs by providing opportunities for professional development, networking, and personal growth in the financial services sector. During a panel discussion, Illuminating Success Stories on HBCU Campuses, le

Hamilton Reports 2024 First Quarter Results

Lastest from Businesswire - Wed, 05/08/2024 - 22:48
PEMBROKE, Bermuda--(BUSINESS WIRE)--Hamilton Insurance Group, Ltd. (NYSE: HG; “Hamilton” or “the Company”) today announced financial results for the first quarter ended March 31, 2024. Commenting on the financial results, Pina Albo, CEO of Hamilton, said: “I am very proud of Hamilton’s financial results for the first quarter. Not only did we generate strong underwriting and investment returns but also, this quarter marks our sixth consecutive quarter of underwriting profitability. I am also ext

loanDepot Supports STEM Education With Lab Overhaul for Boys & Girls Clubs of Greater Dallas

Lastest from Businesswire - Wed, 05/08/2024 - 22:48
DALLAS--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot announced the completion of the newly renovated and expanded STEM lab at Boys & Girls Clubs of Greater Dallas’ Oak Cliff branch.

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