Feed aggregator

KBRA Assigns Rating to Stone Point Credit Corporation's $200 Million Senior Unsecured Notes

Lastest from Businesswire - Wed, 09/18/2024 - 21:28
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a rating of BBB to Stone Point Credit Corporation's (“SPCC” or “the company”) $200 million 6.70% senior unsecured notes due 2029. The rating Outlook is Stable. The proceeds will be used to repay secured debt and for general corporate purposes. Key Credit Considerations The rating and Outlook are supported by SPCC’s ties to Stone Point Capital LLC's ("SPCL") $50+ billion investment platform, of which $45+ billion is managed by the private equity group and

The Law Offices of Frank R. Cruz Announces Investigation of Coinbase Global, Inc. (COIN) on Behalf of Investors

Lastest from Businesswire - Wed, 09/18/2024 - 21:28
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Coinbase Global, Inc. (“Coinbase” or the “Company”) (NASDAQ: COIN) 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 July 25, 2024, the United Kingdom’s financial regulator, the Financial Conduct Authority (“FCA”) announced that Coinbase’s U.K.-based subsidiary, CB Payments Ltd. (“CB

ADBE Investors Have Opportunity to Join Adobe Inc. Fraud Investigation with the Schall Law Firm

Lastest from Businesswire - Wed, 09/18/2024 - 21:28
LOS ANGELES--(BUSINESS WIRE)--ADBE Investors Have Opportunity to Join Adobe Inc. Fraud Investigation with the Schall Law Firm

KBRA Assigns AAA Rating, Stable Outlook to Los Angeles Unified School District General Obligation Bonds, Series QRR (2024) (Dedicated Unlimited Ad Valorem Property Tax Bonds) (Sustainability Bonds)

Lastest from Businesswire - Wed, 09/18/2024 - 21:28
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA has assigned a long-term rating of AAA to the Los Angeles Unified School District (County of Los Angeles, CA) General Obligation Bonds, Series QRR (2024) (Dedicated Unlimited Ad Valorem Property Tax Bonds) (Sustainability Bonds). Concurrently, the AAA rating is affirmed on the District's outstanding General Obligation Bonds. The Outlook on all bonds is Stable. Key Credit Considerations The rating was assigned because of the following key credit considerations: Cr

KBRA Assigns AA Rating, Stable Outlook, to Jacksonville Transportation Authority Senior Lien Local Option Gas Tax Refunding Revenue Bonds, Series 2024 and Senior Lien Local Option Gas Tax Refunding Revenue Bonds, Series 2025

Lastest from Businesswire - Wed, 09/18/2024 - 21:28
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA has assigned a long-term rating of AA, with a Stable Outlook, to Jacksonville Transportation Authority Senior Lien Local Option Gas Tax Refunding Revenue Bonds, Series 2024 and Senior Lien Local Option Gas Tax Refunding Revenue Bonds, Series 2025. Key Credit Considerations The rating was assigned because of the following key credit considerations: Credit Positives JTA’s share of Pledged Revenues has comfortably covered debt service, even throughout the pandemic.

KBRA Named Ratings Provider of the Year at Private Equity Wire U.S. Credit Awards 2024

Lastest from Businesswire - Wed, 09/18/2024 - 21:28
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA, a global full-service credit rating agency, is pleased to announce it was named winner in the Ratings Provider of the Year category at the Private Equity Wire U.S. Credit Awards 2024 ceremony held on September 12 in New York. The awards recognize strong performance and service-provider excellence across credit funds in the U.S. and spans a range of categories. “KBRA is honored to receive the award for Ratings Provider of the Year,” said William Cox, Global Head

NFE Investors Have Opportunity to Lead New Fortress Energy Inc. Securities Fraud Lawsuit with the Schall Law Firm

Lastest from Businesswire - Wed, 09/18/2024 - 21:28
LOS ANGELES--(BUSINESS WIRE)--NFE Investors Have Opportunity to Lead New Fortress Energy Inc. Securities Fraud Lawsuit with the Schall Law Firm

The Marygold Companies Reports Financial Results For Fiscal Year and Fourth Quarter Ended June 30, 2024

Lastest from Businesswire - Wed, 09/18/2024 - 18:28
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 the fiscal year and fourth quarter ended June 30, 2024. Revenue for the 2024 fiscal year amounted to $32.8 million, compared with $34.9 million for the 2023 fiscal year. The Company sustained a net loss of $4.1 million, equal to a net loss of $0.10 per share, for fiscal 2024, compared with net income of $1.2 m

Webster Lowers Prime Lending Rate to 8.00 Percent

Lastest from Businesswire - Wed, 09/18/2024 - 18:28
STAMFORD, Conn.--(BUSINESS WIRE)--Webster Lowers Prime Lending Rate to 8.00 Percent

Arctaris Impact Investors Provides Key Financing for Growing Baltimore Organization

Lastest from Businesswire - Wed, 09/18/2024 - 18:28
BALTIMORE--(BUSINESS WIRE)--Arctaris Impact Investors, LLC, a national impact investment firm supporting revitalization projects in underserved communities, announces that on July 25, 2024, Arctaris Impact CDE closed a New Markets Tax Credit (NMTC) transaction with Fearless Talent, LLC (dba Fearless Guides), a division of Fearless, a minority-owned company located in a Baltimore census tract with a 26.4%1 poverty rate. The NMTC financing will be directed to working capital that will create 50 j

U.S. Bank Decreases Prime Lending Rate to 8.00 Percent

Lastest from Businesswire - Wed, 09/18/2024 - 18:28
MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bank Decreases Prime Lending Rate to 8.00 Percent

Northern Trust Decreases Prime Rate

Lastest from Businesswire - Wed, 09/18/2024 - 18:28
CHICAGO--(BUSINESS WIRE)--Northern Trust has decreased its prime rate from 8.50% to 8.00%, effective Thursday, September 19, 2024. About Northern Trust Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 24 U.S. states and Washington, D.C., and across 22 locations in Cana

Deutsche Bank Decreases Prime Lending Rate to 8.00%

Lastest from Businesswire - Wed, 09/18/2024 - 18:28
NEW YORK--(BUSINESS WIRE)--Deutsche Bank today announced that its New York Branch, Deutsche Bank New York (DBNY), and its affiliate Deutsche Bank Trust Company Americas (DBTCA) have decreased their prime lending from 8.50% to 8.00% effective tomorrow, September 19, 2024. About Deutsche Bank Deutsche Bank provides commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, smal

Rosen Law Firm Encourages Gogoro Inc. Investors to Inquire About Securities Class Action Investigation – GGR

Lastest from Businesswire - Wed, 09/18/2024 - 18:28
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 Gogoro Inc. (NASDAQ: GGR) resulting from allegations that Gogoro may have issued materially misleading business information to the investing public. So What: If you purchased Gogoro securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen

Wells Fargo Bank Decreases Prime Rate to 8.00 Percent

Lastest from Businesswire - Wed, 09/18/2024 - 18:28
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo Bank, N.A., said today it is decreasing its prime rate to 8.00 percent from 8.50 percent, effective tomorrow, Sept. 19, 2024. About Wells Fargo Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consu

Insight Select Income Fund Declares Quarterly Dividend

Lastest from Businesswire - Wed, 09/18/2024 - 18:28
NEW YORK--(BUSINESS WIRE)--Dividend Declaration The Insight Select Income Fund (INSI) (the “Fund”) today declared a quarterly dividend of $0.20 on September 18, 2024. The total distribution of $0.20 will be payable on October 24, 2024, to shareholders of record at the close of business on October 10, 2024, with an ex-dividend date of October 10, 2024. The Fund’s last four quarterly dividend payments from ordinary income equates to approximately $0.80 per share. For more information on the Fund,

Regions Bank Reduces its Prime Lending Rate

Lastest from Businesswire - Wed, 09/18/2024 - 18:28
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Bank announced it is reducing the Regions prime lending rate to 8.00% effective Sept. 19, 2024.

NYSE to Commence Delisting Proceedings Against Tupperware Brands Corporation (TUP)

Lastest from Businesswire - Wed, 09/18/2024 - 18:28
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 common stock of Tupperware Brands Corporation (the “Company”) — ticker symbol TUP — from the NYSE. Trading in the Company’s common stock will be suspended immediately. NYSE Regulation reached its decision that the Company is no longer suitable for listing pursuant to NYSE Listed Company Manual Section 802.01D after

Morningstar, Inc. Declares Quarterly Dividend of 40.5 Cents Per Share

Lastest from Businesswire - Wed, 09/18/2024 - 18:28
CHICAGO--(BUSINESS WIRE)--The board of directors of Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today declared a quarterly dividend of 40.5 cents per share, consistent with the dividend paid in July. The dividend is payable Oct. 31, 2024, to shareholders of record as of Oct. 4, 2024. Please contact investors@morningstar.com with any questions. About Morningstar, Inc. Morningstar, Inc. is a leading provider of independent investment insights in North

Lincoln Financial Mourns the Death of Board Member Michael F. Mee

Lastest from Businesswire - Wed, 09/18/2024 - 18:28
RADNOR, Pa.--(BUSINESS WIRE)--Lincoln Financial (NYSE: LNC) Chairman, President and CEO Ellen Cooper today issued the following statement on the recent passing of Lincoln Board member Michael F. Mee: “We are deeply saddened by the passing of our Board colleague, Michael Mee. Michael’s long tenured service to Lincoln was invaluable. I appreciated his sound advice and insights, which were always anchored to the best interests of the company and our shareholders. Michael’s support of our mission t

Pages