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Franklin Resources, Inc. Announces Preliminary Month-End Assets Under Management

Lastest from Businesswire - 1 hour 35 min ago
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Resources, Inc. (Franklin Templeton) (NYSE: BEN) today reported preliminary month-end assets under management (AUM) of $1.78 trillion at May 31, 2026, compared to $1.75 trillion at April 30, 2026. This month’s increase in preliminary AUM reflected the positive impact of markets and long-term net inflows of $4 billion, inclusive of $1 billion of long-term net inflows at Western Asset Management1. By Asset Class: (In USD billions) Preliminary 31-May-26

Virtus Convertible & Income Fund Announces Quarterly Distribution: 5.625% Series A Cumulative Preferred Shares

Lastest from Businesswire - 1 hour 35 min ago
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Convertible & Income Fund (NYSE: NCV) announced today that it has declared a $0.3515625 per share cash distribution payable on June 30, 2026 to Series A cumulative preferred shareholders of record on June 23, 2026. The Series A Cumulative Preferred Shares, which trade on the New York Stock Exchange under the symbol NCV PR A, are rated “A” by Fitch Ratings and have an annual dividend rate of $1.40625 per share. The 4,000,000 Series A Cumulative Prefer

Aeva Technologies, Inc. Launches Proposed Follow-On Offering

Lastest from Businesswire - 1 hour 35 min ago
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Aeva Technologies, Inc. (“Aeva” or the “Company”, Nasdaq: AEVA), a leader in next-generation sensing and perception systems, today announced the launch of a proposed follow-on public offering of $100,000,000 of shares of its common stock. The Company expects to grant the underwriters a 30-day option to purchase up to an additional $15,000,000 of shares of its common stock at the public offering price less the underwriting discounts and commissions. The of

Virtus Global Multi-Sector Income Fund Announces Distributions

Lastest from Businesswire - 1 hour 35 min ago
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Global Multi-Sector Income Fund (NYSE: VGI) today announced the following monthly distributions: Ticker Amount of Distribution Ex-Date/Record Date Payable Date VGI $0.08 June 15, 2026 June 29, 2026 VGI $0.08 July 13, 2026 July 30, 2026 VGI $0.08 August 13, 2026 August 28, 2026 The amounts of distributions reported in this notice are estimates only and are not being provided for tax reporting purposes. The actual amounts and sources of the distributions f

AM Best Places Credit Ratings of Sandbox Mutual Insurance Company Under Review With Developing Implications

Lastest from Businesswire - 1 hour 35 min ago
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has placed under review with developing implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Sandbox Mutual Insurance Company (Sandbox) (Saskatoon, SK). The under review with developing implications status of these Credit Ratings (ratings) reflects a decline in Sandbox’s risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), and pressure on the company’s bala

Virtus Dividend, Interest & Premium Strategy Fund Announces Distribution and Discloses Sources of Distribution – Section 19(a) Notice

Lastest from Businesswire - 1 hour 35 min ago
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ) today announced the following quarterly distribution: Ticker Amount of Distribution Ex-Date/Record Date Payable Date NFJ $0.305 June 15, 2026 June 29, 2026 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid, in part or in full, from net investment income and realized capital gains, or a combination thereof. Shareholder

KBRA Assigns Preliminary Ratings to OneMain Financial Issuance Trust 2026-1

Lastest from Businesswire - 1 hour 35 min ago
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to four classes of notes issued by OneMain Financial Issuance Trust 2026-1 (“OMFIT 2026-1”), a consumer loan ABS transaction. OMFIT 2025-1 will issue four classes of notes totaling $500.0 million. The preliminary ratings reflect initial credit enhancement levels ranging from 33.60% for the Class A notes to 11.10% for the Class D notes. Credit enhancement is comprised of overcollateralization, subordination of junior note classes (excep

Virtus Convertible & Income Fund and Virtus Convertible & Income Fund II Announce Monthly Distributions

Lastest from Businesswire - 1 hour 35 min ago
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Convertible & Income Fund (NYSE: NCV) and Virtus Convertible & Income Fund II (NYSE: NCZ) today announced the following distributions on their respective common shares: Virtus Convertible & Income Fund: Ticker Amount of Distribution Ex-Date/Record Date Payable Date NCV $0.136 June 15, 2026 June 29, 2026 NCV $0.136 July 13, 2026 July 30, 2026 NCV $0.136 August 13, 2026 August 28, 2026 Virtus Convertible & Income Fund II: Ticker Amount of D

Sunflower Bank Hires David Musicant for New Role of Regional President in Southern California

Lastest from Businesswire - 1 hour 35 min ago
IRVINE, Calif.--(BUSINESS WIRE)--Sunflower Bank is pleased to announce that David Musicant has joined the organization in a newly created regional president role to lead strategy and growth of its commercial banking teams in two of the ten largest MSAs in the Southwestern and Western United States. Adding a second regional president in California marks an important milestone in the Bank’s continued expansion in the state and underscores its commitment to serving middle‑market commercial clients

Virtus Stone Harbor Emerging Markets Income Fund Announces Distributions

Lastest from Businesswire - 1 hour 35 min ago
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) today announced the following monthly distributions: Ticker Amount of Distribution Ex-Date/Record Date Payable Date EDF $0.06 June 15, 2026 June 29, 2026 EDF $0.06 July 13, 2026 July 30, 2026 EDF $0.06 August 13, 2026 August 28, 2026 The amounts of distributions reported in this notice are estimates only and are not being provided for tax reporting purposes. The actual amounts and sources of the distr

Virtus Diversified Income & Convertible Fund Announces Distributions

Lastest from Businesswire - 1 hour 35 min ago
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Diversified Income & Convertible Fund (NYSE: ACV) today announced the following monthly distributions: Ticker Amount of Distribution Ex-Date/Record Date Payable Date ACV $0.18 June 15, 2026 June 29, 2026 ACV $0.18 July 13, 2026 July 30, 2026 ACV $0.18 August 13, 2026 August 28, 2026 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid in part or in full, from net investment

W. R. Berkley Corporation Declares Special Dividend, Increases Regular Quarterly Cash Dividend 11.1%, and Increases Share Repurchase Authorization

Lastest from Businesswire - 1 hour 35 min ago
GREENWICH, Conn.--(BUSINESS WIRE)--W. R. Berkley Corporation (NYSE: WRB) announced today that its Board of Directors has declared a special cash dividend on its common stock of 50 cents per share to be paid on July 2, 2026 to stockholders of record at the close of business on June 23, 2026. In addition, its Board of Directors has voted to increase its regular quarterly cash dividend to 10 cents per share, representing an 11.1% increase from the present rate. This dividend will be paid on July 2

LCID Investors Have Opportunity to Lead Lucid Group, Inc. Securities Fraud Lawsuit with the Schall Law Firm

Lastest from Businesswire - 1 hour 35 min ago
LOS ANGELES--(BUSINESS WIRE)---- $LCID--LCID Investors Have Opportunity to Lead Lucid Group, Inc. Securities Fraud Lawsuit with the Schall Law Firm

Virtus Total Return Fund Inc. Announces Increase to Monthly Distributions

Lastest from Businesswire - 1 hour 35 min ago
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Total Return Fund Inc. (NYSE: ZTR) today announced it will increase its monthly distribution from $0.05 per share to $0.055 per share, an increase of 10% or $0.005 per share, effective with the June distribution: Ticker Amount of Distribution Ex-Date/Record Date Payable Date ZTR $0.055 June 15, 2026 June 29, 2026 ZTR $0.055 July 13, 2026 July 30, 2026 ZTR $0.055 August 13, 2026 August 28, 2026 This increase is part of the Fund’s ongoing efforts to enhanc

Link Logistics Launches Second Annual Small Business Challenge

Lastest from Businesswire - 1 hour 35 min ago
NEW YORK--(BUSINESS WIRE)--Link Logistics (“Link” or the “Company”), a leading operator of last-mile industrial real estate and warehouse properties, today announced the launch of its second annual Small Business Challenge (the “Challenge”), now open for applications. Building on last year’s inaugural program, the Link Logistics Small Business Challenge now includes both small-bay industrial and business park customers. The grand prize winner of the Challenge will receive $75,000, with three ru

Robbins LLP is Investigating Allegations that the Officers and Directors of PicS N.V. (previously PicPay Holdings) (PICS) on Behalf of Shareholders

Lastest from Businesswire - 1 hour 35 min ago
SAN DIEGO--(BUSINESS WIRE)---- $PICS #Banking--Shareholder rights law firm Robbins LLP is investigating Pics N.V. (NASDAQ: PICS) to determine whether certain Pics N.V. officers and directors violated securities laws and breached fiduciary duties to shareholders. PicS N.V. is one of Brazil's largest digital wallets and all-in-one financial services apps, providing Pix transfers, consumer banking, and merchant services. On March 19, 2026, PicS N.V. furnished a Form 6-K reporting its financial results and related di

REPAY Announces Inducement Award Grant for Rick Watkin

Lastest from Businesswire - 1 hour 35 min ago
ATLANTA--(BUSINESS WIRE)--Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY” or the “Company”), a leading provider of vertically-integrated payment solutions, today announced an inducement award grant to Rick Watkin in connection with the closing of REPAY’s acquisition of KUBRA Data Transfer, Ltd. (“KUBRA”). Mr. Watkin will serve as President, KUBRA. REPAY agreed to grant Mr. Watkin 833,333 restricted stock units (“RSUs”) as a material inducement to his entering into employment with the Company

Virtus Equity & Convertible Income Fund Announces Increase to Quarterly Distribution and Discloses Sources of Distribution – Section 19(a) Notice

Lastest from Businesswire - 1 hour 35 min ago
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Equity & Convertible Income Fund (NYSE: NIE) today announced it will increase its quarterly distribution from $0.50 per share to $0.58 per share, an increase of 16% or $0.08 per share, effective with the June distribution: Ticker Amount of Distribution Ex-Date/Record Date Payable Date NIE $0.58 June 15, 2026 June 29, 2026 This increase is part of the Fund’s ongoing efforts to enhance shareholder value by both seeking to provide a more attractive dist

Ventas Chairman and CEO Debra A. Cafaro to Receive Cyrus McCormick Making History Award for Historic Corporate Achievement

Lastest from Businesswire - 1 hour 35 min ago
CHICAGO--(BUSINESS WIRE)--Ventas, Inc. (NYSE: VTR) today announced that Chairman and Chief Executive Officer Debra A. Cafaro will receive the Cyrus McCormick Making History Award for Historic Corporate Achievement at the Chicago History Museum’s 32nd Annual Making History Awards this evening. The Cyrus McCormick Making History Award for Historic Corporate Achievement recognizes business leaders and organizations whose work has made enduring contributions to Chicago’s economic and civic life. Un

Virtus Artificial Intelligence & Technology Opportunities Fund Announces Increase to Monthly Distributions

Lastest from Businesswire - 1 hour 35 min ago
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) today announced it will increase its monthly distribution from $0.15 per share to $0.18 per share, an increase of 20% or $0.03 per share, effective with the June distribution: Ticker Amount of Distribution Ex-Date/Record Date Payable Date AIO $0.18 June 15, 2026 June 29, 2026 AIO $0.18 July 13, 2026 July 30, 2026 AIO $0.18 August 13, 2026 August 28, 2026 This increase is part of the

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