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BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. Declares Monthly Distribution

Lastest from Businesswire - Wed, 09/25/2024 - 18:34
NEW YORK--(BUSINESS WIRE)--BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE: DCF) declared a distribution of $0.035 per share of common stock, payable on October 24, 2024, to shareholders of record at the close of business on October 9, 2024. The ex-dividend date is October 9, 2024. The previous distribution declared in August was $0.035 per share of common stock. The Fund will be liquidated after the close of business on November 25, 2024. This will be the final distr

CAL INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces an Investigation into Caleres, Inc. and Encourages Investors to Contact the Firm!

Lastest from Businesswire - Wed, 09/25/2024 - 18:34
NEW YORK--(BUSINESS WIRE)---- $CAL #classaction--Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Caleres, Inc. (“Caleres” or “the Company”) (NYSE: CAL). Investors who purchased Caleres securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/CAL. Investigation Details On September 12, 2024, Caleres reported its second quarter of 2024 and that its sales were below analyst e

United Security Bancshares Declares Quarterly Cash Dividend

Lastest from Businesswire - Wed, 09/25/2024 - 18:34
FRESNO, Calif.--(BUSINESS WIRE)--On September 24, 2024, the Board of Directors of United Security Bancshares (the “Company”) (NASDAQ: UBFO), the parent company of United Security Bank (the “Bank”), declared a regular quarterly cash dividend of $0.12 per share on the Company’s common stock. The dividend is payable on October 23, 2024, to shareholders of record as of October 7, 2024. About United Security Bancshares United Security Bancshares (NASDAQ: UBFO) is the holding company for United Secur

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces the Filing of a Securities Class Action on Behalf of Coinbase Global, Inc. (COIN) Investors

Lastest from Businesswire - Wed, 09/25/2024 - 18:34
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, announces that a class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Coinbase Global, Inc. (“Coinbase” or the “Company”) (NASDAQ: COIN) securities between April 14, 2021 and July 25, 2024, inclusive (the “Class Period”). Coinbase investors have until November 12, 2024 to file a lead plaintiff motion. If you suffered a loss on your Coin

Hartree Partners, LP Successfully Closes its Senior Secured Borrowing Base Revolving Credit Facility Totaling $4.1 Billion

Lastest from Businesswire - Wed, 09/25/2024 - 18:34
NEW YORK--(BUSINESS WIRE)--Hartree Partners, LP (“Hartree” or the “Company”) announced the closing of its core senior secured borrowing base revolving credit facility (the “Facility”) on September 4, 2024, totaling $4.1 billion. The $4.1 billion credit facility, which is comprised of a $2.05 billion two-year tranche and a $2.05 billion three-year tranche, also includes an accordion feature to increase the Facility up to $4.6 billion to support the Company’s liquidity needs and future growth. A

ICE First Look at Mortgage Performance: Mortgage delinquencies remain low despite modest year-over-year rise

Lastest from Businesswire - Wed, 09/25/2024 - 18:34
ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, reports the following “first look” at August 2024 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market. Data as of Aug. 31, 2024 Total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure): 3.34% Month-over-month change: -0.88% Year-over-year change: 5.1

MultiPlan and the National Rural Health Association Announce Strategic Alliance to Empower Rural Healthcare Providers through Innovative Technology and Services

Lastest from Businesswire - Wed, 09/25/2024 - 15:34
NEW YORK--(BUSINESS WIRE)---- $MPLN #MPLN--MultiPlan Corporation (NYSE: MPLN) (“MultiPlan” or the “Company”), a leading provider of data-driven cost management solutions that deliver transparency and promote fairness, quality and affordability to the U.S. healthcare industry, and the National Rural Health Association (NRHA), a non-profit membership organization that provides leadership on rural health issues, announced today a strategic alliance to improve access to high-quality healthcare services in rural co

Milliman announces leadership transition as Chair of the Board Ken Mungan reaches end of 10-year term

Lastest from Businesswire - Wed, 09/25/2024 - 15:34
SEATTLE--(BUSINESS WIRE)--Milliman, Inc., a premier global consulting and actuarial firm, today announced an upcoming transition in leadership. Milliman Chair of the Board Ken Mungan is retiring in early 2025 following a full 10-year, term-limited tenure leading the consulting and technology firm. Mungan’s time as chair is notable for strong growth, expansion into new markets, and a visible commitment to mission-driven work. "Ken is an accomplished leader and prolific innovator, and he has spen

Schwab Asset Management Announces ETF Share Splits

Lastest from Businesswire - Wed, 09/25/2024 - 15:34
WESTLAKE, Texas--(BUSINESS WIRE)--Schwab Asset Management®, the asset management arm of The Charles Schwab Corporation, today announced forward share splits on 20 Schwab ETFs. Forward ETF share splits increase the number of shares outstanding and decrease the Net Asset Value (NAV) per share. The share splits will not change the total value of a shareholder’s investment. The ETF share splits will apply to shareholders of record as of the close of US markets on October 9, 2024, payable after the

Shareholder Alert: Ademi LLP Investigates Whether Kaival Brands Innovations Group, Inc. Has Obtained a Fair Price for Its Public Shareholders

Lastest from Businesswire - Wed, 09/25/2024 - 15:34
MILWAUKEE--(BUSINESS WIRE)--Ademi LLP is investigating Kaival Brands (NASDAQ: KAVL) for possible breaches of fiduciary duty and other violations of law in its transaction with Delta. Click here to learn how to join our investigation or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you. In the transaction, Kaival Brands shareholders will receive approximately only $2.66 per share or, in the aggregate, $270 million in ordinary shares of the newly created holding com

KBRA Assigns Preliminary Ratings to BX 2024-BRBK

Lastest from Businesswire - Wed, 09/25/2024 - 15:34
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA announces the assignment of preliminary ratings to three classes of BX 2024-BRBK, a CMBS single-borrower securitization. The collateral for the transaction is a $600.0 million floating rate, interest-only mortgage loan. The loan has an initial two-year term with three, one-year extension options. The loan is secured by the borrowers’ fee simple interests in four creative office properties totaling 2.1 million sf all located within Burbank, California, the largest

KBRA Assigns Ratings to BlackRock Private Credit Fund

Lastest from Businesswire - Wed, 09/25/2024 - 15:34
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns issuer and senior unsecured debt ratings of BBB- to BlackRock Private Credit Fund ("BDEBT" or "the company"). The rating Outlook is Stable. Key Credit Considerations The ratings are supported by BDEBT’s ties to BlackRock, Inc.’s (NYSE: BLK) $86 billion credit platform, of which $35 billion is principally dedicated to private middle market direct lending. BLK, with $10.6 trillion in assets under management, is one of the largest investment managers in the

KBRA Assigns Ratings to BlackRock TCP Capital Corp.

Lastest from Businesswire - Wed, 09/25/2024 - 15:34
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns issuer and senior unsecured debt ratings of BBB- to BlackRock TCP Capital Corp. (NASDAQ: TCPC or "the company"). The rating Outlook is Stable. Key Credit Considerations The ratings are supported by TCPC’s ties to BlackRock, Inc.’s (NYSE: BLK) $86 billion credit platform, of which $35 billion is principally dedicated to private middle market direct lending. BLK, with $10.6 trillion in assets under management, is one of the largest investment managers in th

APFC Releases 2024 Annual Report

Lastest from Businesswire - Wed, 09/25/2024 - 15:34
JUNEAU, Alaska--(BUSINESS WIRE)--The Alaska Permanent Fund Corporation (APFC) today announced the release of its 2024 Annual Report, titled “Illuminating the Future.” The establishment of the Fund and Corporation was and remains visionary—to secure Alaska’s financial future through the prudent and diversified investment of a portion of our state’s resource-based wealth. The report highlights a year of disciplined management, significant growth, and prudent investment strategies. It underscores

High Income Securities Fund Announces Monthly Distributions For Fourth Quarter of 2024

Lastest from Businesswire - Wed, 09/25/2024 - 15:34
NEW YORK--(BUSINESS WIRE)--High Income Securities Fund (NYSE: PCF) (the “Fund”) today announced that the Fund’s Board of Trustees (the “Board”) has declared the next three monthly distributions under the Fund’s managed distribution plan. Under the Fund’s managed distribution plan, the Fund intends to make monthly distributions to common stockholders at an annual rate of 10% (or 0.8333% per month) for 2024, based on the net asset value of $7.46 of the Fund’s common shares as of December 31, 2023

San Antonio Water System Promotes, Adds to Legal Team

Lastest from Businesswire - Wed, 09/25/2024 - 15:34
SAN ANTONIO--(BUSINESS WIRE)--SAWS promoted Edward Guzman to Sr. VP/Chief Legal & Ethics Officer and added Karen Hansen as VP/Environmental Law & Regulatory Compliance.

Sallie Mae Contributes $200,000 to Support College Access at Historically Black Colleges and Universities

Lastest from Businesswire - Wed, 09/25/2024 - 15:34
NEWARK, Del.--(BUSINESS WIRE)--The Sallie Mae Fund, Inc. today announced it is contributing $200,000 to HBCU Week Foundation, Inc. to support higher education access at Historically Black Colleges and Universities (HBCUs). The Sallie Mae Fund will again be the presenting sponsor for the HBCU Week College Fair in Wilmington, Del., on Sept. 27 and the national HBCU College Fair in Orlando, Fla., on Oct. 24. These events attract thousands of prospective HBCU students and connect students to school

Piersica, Inc. Secures $1 Million Phase II Grant from National Science Foundation to Advance Its Solid-State Battery Technology

Lastest from Businesswire - Wed, 09/25/2024 - 15:34
TALLAHASSEE, Fla.--(BUSINESS WIRE)-- #AdvancedBatteries--Piersica's next-generation solid-state battery will extend battery capacity for rechargeable products such as mobile phones, laptops, EVs and robots.

Genesis Capital Closes Its Second Rated Residential Transitional Loan Securitization

Lastest from Businesswire - Wed, 09/25/2024 - 15:34
NEW YORK--(BUSINESS WIRE)--Genesis Capital LLC (“Genesis”), a Rithm Capital (NYSE: RITM) company and a leading business purpose lender providing innovative financing solutions to professional real estate developers for new acquisition, renovation, ground-up construction, and long-term rental hold projects across the residential spectrum, today announced it has successfully closed NRMLT 2024-RTL2, a $450 million rated securitization backed by residential transitional loans (“RTLs”). As the secon

Continuum Powders Appoints Jared Butson as Senior Vice President, Global Sales

Lastest from Businesswire - Wed, 09/25/2024 - 15:34
HOUSTON--(BUSINESS WIRE)--Continuum Powders, the industry leader in sustainable, high-performance metal powders for advanced manufacturing, is expanding its leadership team with the addition of Jared Butson as its Senior Vice President, Global Sales. Butson joins Continuum after more than two decades as a leader in the aviation and aerospace industries where he showcased his ability to drive business development and build strong client relationships. Butson has previously served in successful l

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