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Central Securities Corporation Releases Report to Stockholders

Lastest from Businesswire - Fri, 11/08/2024 - 18:06
NEW YORK--(BUSINESS WIRE)--Central Securities Corporation (NYSE American: CET), a closed-end investment company, today released its Report to Stockholders for the nine months ended September 30, 2024. Figures as of September 30, 2024 compared with those of one year ago, are as follows:   September 30,   September 30,   2024   2023   Net assets per common share   $56.17   $43.63   Net assets   $1,594,454,696   $1,218,907,463   Shares outstanding   28,387,828   27,939,274 Additional details are a

DWS Municipal Income Trust Declares Monthly Distribution

Lastest from Businesswire - Fri, 11/08/2024 - 18:06
NEW YORK--(BUSINESS WIRE)--DWS Municipal Income Trust (KTF) (the “Fund”) announced today its regular November monthly distribution. Details are as follows: Declaration – 11/08/2024         Ex-Date – 11/20/2024         Record – 11/20/2024         Payable – 11/29/2024        Fund   Ticker   Distribution Per Share   Prior Distribution Per Share   DWS Municipal Income Trust KTF $0.0610 $0.0610 The Fund intends to distribute all or substantially all of its net investment income each year through its

Brighthouse Financial Announces Completion of Reinsurance Transaction

Lastest from Businesswire - Fri, 11/08/2024 - 18:06
CHARLOTTE, N.C.--(BUSINESS WIRE)--Brighthouse Financial, Inc. (“Brighthouse Financial” or the “company”) (Nasdaq: BHF) announced today that it has completed a reinsurance transaction with a third party to reinsure a legacy block of the company’s fixed and payout annuities. The transaction was previously discussed on the company’s earnings call for the quarter ended September 30, 2024, which was held on the morning of November 8, 2024. “This transaction reflects our ongoing progress against seve

State Street Corporation Declares Dividends on its Non-Cumulative Perpetual Preferred Stock Series “G,” “I,” and “J”

Lastest from Businesswire - Fri, 11/08/2024 - 18:06
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced a cash dividend on each of the below outstanding series of non-cumulative perpetual preferred stock: Series G (represented by depositary shares, each representing a 1/4000th interest in a share of Series G preferred stock). The cash dividend is in the amount of $1,337.50 per share of Series G preferred stock (resulting in a distribution of approximately $0.334375 per depositary share) and is payable on December 16, 20

Blend To Participate In The 2024 KBW Fintech Conference

Lastest from Businesswire - Fri, 11/08/2024 - 18:06
SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leading digital origination platform, announced today that Nima Ghamsari, Co-Founder and Head of Blend, will be presenting at the 2024 KBW Fintech Conference in New York City on Wednesday, November 13, 2024 at 9:30 am ET. The live presentation will also be available at investor.blend.com. A replay will be accessible on the website following the conference. About Blend Blend Labs Inc., (NYSE: BLND) is a leading digital origination

HEI Reports Third Quarter 2024 Results

Lastest from Businesswire - Fri, 11/08/2024 - 18:06
HONOLULU--(BUSINESS WIRE)--HEI Reports Third Quarter 2024 Results

KBRA Assigns Rating to Junior Subordinated Notes Issued by The Fortegra Group, Inc.

Lastest from Businesswire - Fri, 11/08/2024 - 18:06
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a rating of "BBB-" with Stable outlook to the 9.25% fixed rate resetting junior subordinated notes due 2064 ("Notes") issued by The Fortegra Group, Inc. (TFG) and guaranteed on a junior subordinated basis by certain subsidiaries of TFG, including Fortegra Financial Corporation (FFC). The rating on the Notes is primarily dependent on the long term issuer credit rating of FFC (KBRA Rating: BBB/Stable) as a guarantor for the Notes and the Notes' level of sub

Duff & Phelps Utility and Infrastructure Fund Inc. Discloses Sources of Distribution - Section 19(a) Notice

Lastest from Businesswire - Fri, 11/08/2024 - 18:06
CHICAGO--(BUSINESS WIRE)--The Board of Directors of Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE: DPG), a closed-end fund advised by Duff & Phelps Investment Management Co., previously announced the following monthly distribution on September 19, 2024: Per Share Amount Ex-Date Record Date Payable Date $0.07 October 31, 2024 October 31, 2024 November 12, 2024 The Fund adopted a Managed Distribution Plan (the “Plan”) in 2015. Under the Plan, the Fund will distribute all availa

The Marygold Companies Reports Financial Results for 2025 First Fiscal Quarter

Lastest from Businesswire - Fri, 11/08/2024 - 18:06
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--The Marygold Companies, Inc. (“TMC,” or the “Company”) (NYSE American: MGLD), a diversified global holding firm, today reported financial results for its 2025 first fiscal quarter ended September 30, 2024. Revenue for the three months ended September 30, 2024 amounted to $7.9 million, compared with $8.2 million last year. The Company sustained a net loss of $1.6 million, equal to a loss of $0.04 per share, for the first quarter of fiscal year 2025, compare

FLUX INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Flux Power Holdings, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Lastest from Businesswire - Fri, 11/08/2024 - 18:06
NEW YORK--(BUSINESS WIRE)---- $FLUX #FluxPowerHoldings--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Flux Power Holdings, Inc. (“Flux” or “the Company”) (NASDAQ: FLUX) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Flux se

MEDP INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces an Investigation into Medpace Holdings, Inc. and Encourages Investors to Contact the Firm

Lastest from Businesswire - Fri, 11/08/2024 - 18:06
NEW YORK--(BUSINESS WIRE)---- $MEDP #MEDP--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Medpace Holdings, Inc. (“Medpace” or “the Company”) (NASDAQ: MEDP). Investors who purchased Medpace securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/MEDP. Investigation Details On October 21, 2024, Medpace reported its third quarter 2024 financial results, which cut its

EVLV INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Evolv Technologies Holdings, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Lastest from Businesswire - Fri, 11/08/2024 - 18:06
NEW YORK--(BUSINESS WIRE)---- $EVLV #EvolvTechnologiesHoldings--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Evolv Technologies Holdings, Inc. (“Evolv Technologies” or “the Company”) (NASDAQ: EVLV) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or othe

Mason Capital Management Highlights Corporate Governance Failures and Significant Shareholder Value Destruction Under Grifols Board of Directors

Lastest from Businesswire - Fri, 11/08/2024 - 18:06
NEW YORK--(BUSINESS WIRE)--Mason Capital Management LLC (“Mason”), a registered investment advisor to funds and accounts holding approximately 2.1% of Grifols S.A. (“Grifols” or the “Company”) (BME: GRF) (NASDAQ: GRFS) class A shares, today sent a letter to the Grifols Board of Directors (the “Board”). In the letter, Mason highlights numerous corporate governance failures that have resulted in Grifols’ depressed share price and a rumored transaction with affiliates of Brookfield Asset Managemen

Burke, Williams & Sorensen, LLP Grows Best Law Firms Rankings for 2025

Lastest from Businesswire - Fri, 11/08/2024 - 18:06
LOS ANGELES--(BUSINESS WIRE)--Burke announces that the firm was named by Best Lawyers® to the following National tier rankings in the 2025 United States edition of Best Law Firms.

AM Best Affirms Credit Ratings of First Insurance Company of Hawaii, Ltd. and Subsidiaries

Lastest from Businesswire - Fri, 11/08/2024 - 18:06
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” (Superior) of First Insurance Company of Hawaii, Ltd. (FICOH) (Honolulu, HI) and its reinsured subsidiaries, collectively referred to as First of Hawaii Group. The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed listing of the companies and ratings). The ratings reflect First of Hawaii Group’s bal

Home Value Lock to Help Veterans in Sacramento Area Protect Their Home Purchase

Lastest from Businesswire - Fri, 11/08/2024 - 18:06
SACRAMENTO, Calif.--(BUSINESS WIRE)--Home Value Lock, an innovative new insurance product recently launched in the Sacramento area, has announced a program to support VA loan applicants.

AM Best Affirms Credit Ratings of Houston Casualty Group Members and Affiliates

Lastest from Businesswire - Fri, 11/08/2024 - 18:06
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa+” (Superior) of the property/casualty (P/C) members of Houston Casualty Group. The lead P/C members are headquartered in Houston, TX, except for HCC Reinsurance Company Limited (Hamilton, Bermuda). AM Best also has affirmed the FSR of A++ (Superior) and the Long-Term ICR of “aa+” (Superior) of HCC Life Insurance Company (HCC Li

AM Best Affirms Credit Ratings of Philadelphia Insurance Companies’ Members

Lastest from Businesswire - Fri, 11/08/2024 - 15:05
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Ratings of “aa+” (Superior) of Philadelphia Indemnity Insurance Company and its affiliate, Tokio Marine Specialty Insurance Company (both headquartered in Bala Cynwyd, PA), which operate under a pooling agreement, collectively referred to as Philadelphia Insurance Companies (Philadelphia). The outlook of these Credit Ratings (ratings) is stable. The ratings reflec

AM Best Affirms Credit Ratings of Patria Re (US), Inc.

Lastest from Businesswire - Fri, 11/08/2024 - 15:05
MEXICO CITY--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of Patria Re (US), Inc. (Patria US) (Charleston, SC). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Patria US’ balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM). The ratings also reco

DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Lilium N.V.

Lastest from Businesswire - Fri, 11/08/2024 - 15:05
NEW YORK--(BUSINESS WIRE)---- $LILM #ClassAction--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Lilium N.V. (“Lilium” or the “Company”) (NASDAQ: LILM) and reminds investors of the January 6, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has rec

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