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INTERNATIONAL PAPER INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of International Paper Company - IP

Lastest from Businesswire - Wed, 04/17/2024 - 19:38
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 merger of International Paper Company (the “Company”) (NYSE: IP) and DS Smith Plc. Under the terms of the proposed transaction, International Paper will issue 0.1285 shares for each DS Smith share, resulting in International Paper shareholders owning only approximately 66.3% of the combined company. KSF is seeking to

PARAMOUNT GLOBAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Potential Sale of Paramount Global - PARA

Lastest from Businesswire - Wed, 04/17/2024 - 19:38
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 potential sale of Paramount Global (NasdaqGS: PARA) (the “Company”) to Skydance Media, amid news reports of the Company’s investors panning the deal as detrimental to shareholder value. KSF is seeking to determine whether the Board is fulfilling its fiduciary duties in connection with the potential transaction. If you would li

ENCORE WIRE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Encore Wire Corporation - WIRE

Lastest from Businesswire - Wed, 04/17/2024 - 19:38
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 the sale of Encore Wire Corporation (NasdaqGS: WIRE) to Prysmian. Under the terms of the proposed transaction, shareholders of Encore will receive $290.00 in cash for each share of Encore that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or wheth

MACATAWA BANK INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Macatawa Bank Corporation - MCBC

Lastest from Businesswire - Wed, 04/17/2024 - 19:38
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 the sale of Macatawa Bank Corporation (NasdaqGS: MCBC) to Wintrust Financial Corporation (NasdaqGS: WTFC). Under the terms of the proposed transaction, each share of Macatawa common stock will be converted into the right to receive merger consideration paid in shares of Wintrust common stock based on Wintrust’

PERION NETWORK SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Perion Network Ltd. - PERI

Lastest from Businesswire - Wed, 04/17/2024 - 19:38
NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until June 17, 2024 to file lead plaintiff applications in a securities class action lawsuit against Perion Network Ltd. (NasdaqGS: PERI), if they purchased or otherwise acquired the Company’s shares between February 9, 2021 and April 5, 2024, inclusive (the “Class Period”). This action is pending in the United States Distr

NEXTPLAT INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of NextPlat Corp - NXPL

Lastest from Businesswire - Wed, 04/17/2024 - 19:38
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 merger of NextPlat Corp (the “Company”) (NasdaqCM: NXPL) and Progressive Care Inc. (OTC: RXMD). KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger is fair to NextPlat shareholders. If you would like to discuss your legal rights regarding the proposed trans

PWSC LOSS ALERT: ROSEN, LEADING INVESTOR COUNSEL, Encourages PowerSchool Holdings, Inc. Investors to Inquire About Securities Class Action Investigation – PWSC

Lastest from Businesswire - Wed, 04/17/2024 - 19:38
NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of PowerSchool Holdings, Inc. (NYSE: PWSC) resulting from allegations that PowerSchool may have issued materially misleading business information to the investing public. SO WHAT: If you purchased PowerSchool securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee

The Law Offices of Frank R. Cruz Announces Investigation of PowerSchool Holdings, Inc. (PWSC) on Behalf of Investors

Lastest from Businesswire - Wed, 04/17/2024 - 19:38
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of PowerSchool Holdings, Inc. (“PowerSchool” or the “Company”) (NYSE: PWSC) on behalf of investors concerning the Company’s possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On April 17, 2024, Spruce Point Capital Management published a report alleging, among other things, that PowerSchool is “experiencing ongoing headwinds due to issue

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of VinFast Auto Ltd. (VFS) on Behalf of Investors

Lastest from Businesswire - Wed, 04/17/2024 - 19:38
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of VinFast Auto Ltd. (“VinFast” or the “Company”) (NASDAQ: VFS) investors concerning the Company’s possible violations of the federal securities laws. If you suffered a loss on your VinFast investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws

MidFirst Bank to Acquire Houston Banking Locations of Amerant Bank

Lastest from Businesswire - Wed, 04/17/2024 - 19:38
OKLAHOMA CITY--(BUSINESS WIRE)--MidFirst Bank ("MidFirst" or the “Company”), the largest privately owned bank in the nation, has entered into a definitive agreement to acquire the Houston, Texas banking locations of Amerant Bank, the main subsidiary of Amerant Bancorp Inc. (NYSE: AMTB). Upon closing expected later this year, MidFirst will add six Amerant Bank locations to the Company’s footprint and will gain Amerant’s Houston client relationships totaling approximately $576 million in deposits

The Trade Desk Announces Date of First Quarter 2024 Financial Results and Conference Call

Lastest from Businesswire - Wed, 04/17/2024 - 19:38
LOS ANGELES--(BUSINESS WIRE)--The Trade Desk, Inc. (NASDAQ: TTD), a provider of a global technology platform for buyers of advertising, today announced that it will release financial results for the first quarter ended March 31, 2024 after the market closes on Wednesday, May 8, 2024. The Trade Desk will host a webcast and conference call to discuss first quarter financial results at 2:00 P.M. Pacific Time. Webcast and Conference Call Details When: May 8, 2024 at 2:00 P.M. Pacific Time (5:00 P.M

Amerant Bancorp Inc. Announces Sale of Texas Operations

Lastest from Businesswire - Wed, 04/17/2024 - 19:38
CORAL GABLES, Fla.--(BUSINESS WIRE)--Amerant Bancorp Inc. (NYSE: AMTB) (“Amerant” or the “Company”) today announced that its wholly owned subsidiary, Amerant Bank, N.A., entered into a definitive purchase and assumption agreement under which MidFirst Bank, based in Oklahoma City, Oklahoma, will acquire Amerant Bank’s banking operations and six branches in the Houston, Texas metropolitan area. The transaction includes approximately $576 million of deposits and $529 million in loans. “As part of

Synovus announces earnings for the first quarter 2024

Lastest from Businesswire - Wed, 04/17/2024 - 19:38
COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus Financial Corp. (NYSE: SNV) today reported financial results for the quarter ended March 31, 2024.

Deluxe to Report First Quarter 2024 Results on May 1, 2024

Lastest from Businesswire - Wed, 04/17/2024 - 19:38
MINNEAPOLIS--(BUSINESS WIRE)--Deluxe (NYSE: DLX), a modern Payments and Data company, will report first quarter 2024 financial results on Wednesday, May 1, 2024, following market-close. On the same day, management will hold an open-access conference call at 5:00 p.m. ET (4:00 p.m. CT). All interested persons may listen to the call by dialing 1-888-210-4748 (access code 7092711). The audio and accompanying slides will be available via a simultaneous webcast on the investor relations website at w

Veritone Clinches 2024 NAB Product of the Year Award for a Fifth Time with Generative AI Solution

Lastest from Businesswire - Wed, 04/17/2024 - 16:38
DENVER--(BUSINESS WIRE)--For a fifth time, Veritone, Inc. (NASDAQ: VERI), a leader in designing human-centered AI solutions, won NAB Product of the Year for the company’s recently launched Ask Veri. The new conversational intelligence solution that empowers Veritone Digital Media Hub (“DMH”) users to quickly extract actionable insights and execute dynamic workflows from their media archive data through a generative AI-enabled, chat-based tool, secured the 2024 NAB Product of the Year award in t

Q2 Holdings, Inc. Announces Investor Conference Call to Review First Quarter 2024 Financial Results

Lastest from Businesswire - Wed, 04/17/2024 - 16:38
AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for financial services, will release its financial results for the first quarter 2024 after market close on Wednesday, May 1, 2024. Q2 will host a corresponding conference call at 5:00 p.m. EDT on Wednesday, May 1, 2024. Conference Call Details Date:   Wednesday, May 1, 2024 Time:   5:00 p.m. EDT Hosts:   Matt Flake, CEO / David Mehok, CFO / Kirk Coleman, President / Jonathan Pr

HASI Extends and Upsizes Bank Facilities to $1.625 Billion, Further Strengthening Diversified Funding Platform

Lastest from Businesswire - Wed, 04/17/2024 - 16:38
ANNAPOLIS, Md.--(BUSINESS WIRE)--Hannon Armstrong Sustainable Infrastructure Capital, Inc. ("HASI," "we", "our", or the "Company") (NYSE: HASI), a leading investor in climate solutions, today announced that it has amended and extended its corporate unsecured credit facilities with a syndicate of banks. The committed capacity under the Company’s CarbonCount®-Based Revolving Credit Facility has increased from $915 million to $1.25 billion, outstanding amounts under the CarbonCount®-Based Term Loa

Regions Financial Corporation Declares Quarterly Common and Preferred Stock Dividends

Lastest from Businesswire - Wed, 04/17/2024 - 16:38
BIRMINGHAM, Ala.--(BUSINESS WIRE)--The Regions Financial Corp. Board of Directors declared cash dividends on common shares, as well as Series B, C, D and E preferred shares.

AM Best Downgrades Credit Ratings of Rockingham Insurance Company and Its Affiliates

Lastest from Businesswire - Wed, 04/17/2024 - 16:38
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “bbb+” (Good) from “a-” (Excellent) of Rockingham Insurance Company and its pooled affiliates: Rockingham Casualty Company and Rockingham Specialty, Inc. The outlook of the FSR has been revised to stable from negative while the Long-Term ICR is negative. All companies are domiciled in Harrisonburg, VA, and collect

Discover Financial Services Reports First Quarter 2024 Net Income of $308 Million or $1.10 Per Diluted Share

Lastest from Businesswire - Wed, 04/17/2024 - 16:38
RIVERWOODS, Ill.--(BUSINESS WIRE)--Discover Financial Services (NYSE: DFS): First Quarter 2024 Results   2024 2023(1) YOY Change Total loans, end of period (in billions) $126.6 $112.7 12% Total revenue net of interest expense (in millions) $4,210 $3,742 13% Total net charge-off rate 4.92% 2.72% 220 bps Net income/(loss) (in millions) $308 $968 (68%) Diluted EPS $1.10 $3.55 (69%) Note(s) 1. The comparative prior quarter ended March 31, 2023 has been restated as disclosed in the Company's Financia

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