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Saba Capital Reaches Agreement With Virtus Dividend, Interest & Premium Strategy Fund

Lastest from Businesswire - 2 hours 26 min ago
NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, “Saba”) today announced that it has entered into a standstill agreement with Virtus Investment Advisers, LLC and Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ) (the “Fund”). In connection with the agreement, the Fund will commence a cash self-tender offer to purchase up to 25% of its outstanding common shares. All shareholders will have the opportunity to tender some or all of t

DWS Announces Liquidation of Two Xtrackers ETFs

Lastest from Businesswire - 2 hours 26 min ago
NEW YORK--(BUSINESS WIRE)--DWS, a leading European asset manager with global reach, today announced the impending closure and liquidation of two Xtrackers ETFs: Xtrackers Risk Managed USD High Yield Strategy ETF (NYSE: HYRM) and Xtrackers California Municipal Bond ETF (NASDAQ: CA). Xtrackers Risk Managed USD High Yield Strategy ETF is listed on NYSE. After the close of business on May 7, 2026, the fund will no longer accept creation orders and will end trading. The fund will accept redemption o

Virtus Dividend, Interest & Premium Strategy Fund Announces Tender Offer

Lastest from Businesswire - 2 hours 26 min ago
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ) (the “Fund”) today announced that its Board of Trustees has approved a tender offer (“Tender Offer”) intended to enhance shareholder value, provide shareholders with an additional source of liquidity for their investment, and provide the potential to reduce the Fund’s trading discount to its net asset value per share (“NAV”). Pursuant to the terms of the Tender Offer, the Fund will offer to purch

REPAY Confirms Receipt of Unsolicited, Non-Binding Proposal from Forager Capital Management

Lastest from Businesswire - 2 hours 26 min ago
ATLANTA--(BUSINESS WIRE)--Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY” or the “Company”), a leading provider of integrated payment processing solutions, today confirmed receipt of an unsolicited, non‑binding proposal from Forager Capital Management, LLC (“Forager Capital”), a stockholder of the Company, to acquire the outstanding shares of the Company for $4.80 per share in cash. REPAY’s Board of Directors (the “Board”), consistent with its fiduciary duties, will review the proposal in co

AMC Entertainment Holdings, Inc. Subsidiary Odeon Finco PLC Announces Closing of $425 Million Term Loan

Lastest from Businesswire - 2 hours 26 min ago
LEAWOOD, Kan.--(BUSINESS WIRE)---- $AMC--Odeon Finco PLC (“Odeon”), a wholly-owned subsidiary of Odeon Cinemas Group Limited (“OCGL”) and AMC Entertainment Holdings, Inc. (NYSE: AMC) (“AMC”), announced today that it has entered into a Credit Agreement with Deutsche Bank AG New York Branch and borrowed $425.0 million of new first lien 10.50% term loan due 2031 (the “Odeon Term Loan”). The proceeds from the Odeon Term Loan were used to fund the previously announced full redemption of Odeon’s outstanding 1

Mesa Royalty Trust Announces Trust Income for April 2026

Lastest from Businesswire - 2 hours 26 min ago
HOUSTON--(BUSINESS WIRE)--Mesa Royalty Trust (the “Trust”) (NYSE: MTR) announced today the Trust income distribution for the month of April 2026. Unitholders of record on April 30, 2026 will receive distributions amounting to $0.040259155 per unit, payable on July 31, 2026. The Trust received $96,591, all of which came from the New Mexico portion of the Trust’s San Juan Basin properties operated by Hilcorp San Juan LP, an affiliate of Hilcorp Energy Company. No income was received in April 2026

Permianville Royalty Trust Announces Monthly Cash Distribution

Lastest from Businesswire - 2 hours 26 min ago
HOUSTON--(BUSINESS WIRE)--Permianville Royalty Trust (NYSE: PVL, the “Trust”) today announced a cash distribution to the holders of its units of beneficial interest of $0.010000 per unit, payable on May 15, 2026, to unitholders of record on April 30, 2026. The net profits interest calculation represents reported oil production for the month of January 2026 and reported natural gas production during December 2025. The calculation includes accrued costs incurred in February 2026. The following ta

Cross Country Healthcare to Hold First Quarter 2026 Earnings Conference Call on Thursday, May 7, 2026

Lastest from Businesswire - 2 hours 26 min ago
BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (Nasdaq: CCRN) will hold its quarterly conference call to discuss its first quarter 2026 financial results on Thursday, May 7, 2026 at 5:00 P.M. Eastern Time. Cross Country Healthcare, Inc. (the “Company”) intends to distribute its earnings press release after market close on Thursday, May 7, 2026. This call will be webcast live and can be accessed at the Company’s website at ir.crosscountry.com or by dialing 800-369-2163 from an

NYSE to Commence Delisting Proceedings Against QVC, Inc. (QVCC, QVCD)

Lastest from Businesswire - 2 hours 26 min ago
NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the two securities enumerated below (“Securities”) of QVC, Inc. (the “Company”) from the Exchange. Trading in the Company’s Securities will be suspended immediately. Symbol Description QVCC 6.250% Senior Secured Notes due 2068 QVCD 6.375% Senior Secured Notes due 2067 NYSE Regulation reached its decision that the Compa

Eaton Vance Limited Duration Income Fund, Eaton Vance Senior Floating-Rate Trust, and Eaton Vance Senior Income Trust Announce Tender Offers for Outstanding Auction Preferred Shares

Lastest from Businesswire - 2 hours 26 min ago
BOSTON--(BUSINESS WIRE)--Eaton Vance Limited Duration Income Fund (NYSE: EVV), Eaton Vance Senior Floating-Rate Trust (NYSE: EFR), and Eaton Vance Senior Income Trust (NYSE: EVF) (each a “Fund,” and together, the “Funds”) announced that the Board of Trustees of each Fund has authorized each Fund to conduct a voluntary tender offer for up to 100% of its outstanding auction preferred shares (“APS”) at a price per share equal to 98% of the APS liquidation preference of $25,000 per share (or $24,50

Rosen Law Firm Encourages Green Circle Decarbonize Technology Ltd. Investors to Inquire About Securities Class Action Investigation – GCDT

Lastest from Businesswire - 2 hours 26 min ago
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 Green Circle Decarbonize Technology Ltd. (NYSE American: GCDT) resulting from allegations that Green Circle may have issued materially misleading business information to the investing public. So what: If you purchased Green Circle securities you may be entitled to compensation without payment of any out of pocket fees or costs

SMR Deadline: Rosen Law Firm Urges NuScale Power Corporation (NYSE: SMR) Stockholders with Losses in Excess of $100K to Contact the Firm for Information About Their Rights

Lastest from Businesswire - 2 hours 26 min ago
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, reminds investors about a class action lawsuit on behalf of purchasers of Class A common stock of NuScale Power Corporation (NYSE: SMR) between May 13, 2025 and November 6, 2025. NuScale describes itself as a “developer of nuclear power technology.” For more information, submit a form, email attorney Phillip Kim, or give us a call at 866-767-3653. The Allegations: Rosen Law Firm is Investigating the Allegations that N

New DDOT Report Validates Warnings from Amy Witherite and Safety Advocates: Autonomous Vehicles Not Ready for Unrestricted Urban Deployment

Lastest from Businesswire - 2 hours 26 min ago
WASHINGTON--(BUSINESS WIRE)--A new research report commissioned by the District Department of Transportation reinforces what traffic expert Amy Witherite and other safety advocates have been warning: autonomous vehicles are not yet ready for unrestricted deployment in complex urban environments in complex urban environments, and a cautious, accountability-driven approach is essential. Amy Witherite, a leading advocate for roadway safety, highlighted the report’s findings as validation of ongoin

Rosen Law Firm Encourages Elite Express Holding Inc. Investors to Inquire About Securities Class Action Investigation – ETS

Lastest from Businesswire - 2 hours 26 min ago
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 Elite Express Holding Inc. (NASDAQ: ETS) resulting from allegations that Elite Express may have issued materially misleading business information to the investing public. So what: If you purchased Elite Express securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingenc

AM Best Named a 2026 Top Workplace in the United States

Lastest from Businesswire - 2 hours 26 min ago
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has been named a 2026 Top Workplace by USA TODAY. The award is based on employee feedback collected via a confidential survey measuring workplace experience and engagement. USA TODAY Top Workplaces recognizes midsize and large organizations in the US that are exceeding national benchmarks for employee satisfaction. “We are honored to be recognized with this national award, and proud to have created an environment that fosters ingenuity, insight and integr

KBRA Assigns AA Rating, Stable Outlook to City of Chicago Water Revenue Bonds Series 2026ABC

Lastest from Businesswire - 2 hours 26 min ago
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term AA rating to the City of Chicago (the City) Water Revenue Bonds Project Series 2026A, Refunding Series 2026B (Forward Delivery), and Refunding Series 2026C (the Bonds). Concurrently, KBRA affirmed the AA rating for the City's outstanding Water Revenue Bonds. The Outlook is Stable. The Bonds are limited obligations of the City, secured by a pledge of and lien on, and payable solely from, the Net Revenues of the City's Water System (the System).

Milliman analysis: Competitive pension risk transfer cost increased from 100.5% to 100.9% during March

Lastest from Businesswire - 5 hours 26 min ago
SEATTLE--(BUSINESS WIRE)--Milliman, Inc., a premier global consulting and actuarial firm, today announced the latest results of its Milliman Pension Buyout Index (MPBI). During March, the estimated cost to transfer retiree pension risk to an insurer in a competitive bidding process climbed 40 basis points, from 100.5% to 100.9% of a plan’s accounting liabilities (accumulated benefit obligation, or ABO). That means the estimated retiree PRT cost is now 100.9% of a plan’s ABO. During the same tim

KBRA Assigns Preliminary Ratings to New Residential Mortgage Loan Trust 2026-NQM5 (NRMLT 2026-NQM5)

Lastest from Businesswire - 5 hours 26 min ago
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 10 classes of mortgage-backed notes from New Residential Mortgage Loan Trust 2026-NQM5 (NRMLT 2026-NQM5), a $471.1 million non-prime RMBS transaction sponsored by Rithm Capital Corp. (formerly New Residential Investment Corp.), a publicly traded (NYSE: RITM) real estate investment trust (REIT). The underlying mortgages in the subject pool were primarily originated by NewRez LLC (47.4%) and Champions Funding, LLC (21.2%). In addition

Capital-FORCE Enters ETF Market with Acquisition of Innovator IBD® 50 (FFTY) and IBD® Breakout Opportunities (BOUT) ETFs

Lastest from Businesswire - 5 hours 26 min ago
LOS ANGELES--(BUSINESS WIRE)---- $BOUT #capforceetf--Capital-FORCE announced shareholder approval for the acquisition of Innovator IBD Breakout Opportunities ETF (BOUT) and Innovator IBD 50 ETF (FFTY)

Apartment Association of Greater L.A. Announces “Win” in Lawsuit Against L.A. City

Lastest from Businesswire - 5 hours 26 min ago
LOS ANGELES--(BUSINESS WIRE)-- #AOA--The Apartment Association of Greater Los Angeles (AAGLA) announced on Friday that it had prevailed in its lawsuit against the City of Los Angeles seeking to overturn the city’s Ordinance No. 187764 (“Relocation Assistance Ordinance”), which forced rental housing providers to pay substantial relocation fees when implementing a rent increase exceeding a specified amount on housing legally exempt from local and state rent stabilization rules. In its lawsuit, AAGLA arg

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