Feed aggregator

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns ratings to four classes of notes issued by Oportun Issuance Trust 2024-1 (“Oportun 2024-1”), a $199.5 million consumer loan ABS transaction. Oportun 2024-1 is an amortizing ABS securitization with an initial collateral balance of approximately $210.0 million and collateralized by a discrete pool of unsecured and secured consumer installment loans originated by Oportun Financial Corporation (“Oportun” or the “Company”). Oportun is a publicly traded, Califo

WASHINGTON--(BUSINESS WIRE)---- $k #apartmentmentinvestments--Institutional Property Advisors’ Hiring Momentum Continues with Veteran Multifamily Real Estate Brokers in Washington, D.C.

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Silicon Laboratories Inc. (“Silicon Labs” or the “Company”) (NASDAQ: SLAB) 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 January 29, 2024, Silicon Labs announced that it was postponing its scheduled fourth quarter 2023 earnings call by one week. The Company disclosed that it “det

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “aa-” (Superior) from “aa” (Superior) and affirmed the Financial Strength Rating (FSR) of A+ (Superior) of Acuity, A Mutual Insurance Company (Acuity) (Sheboygan, WI). The outlook of the Long-Term ICR has been revised to stable from negative and the outlook for the FSR is stable. The Credit Ratings (ratings) reflect Acuity’s balance sheet strength, which AM Best assesses at the strongest

LOS ANGELES--(BUSINESS WIRE)--Korn Ferry (NYSE:KFY), for the 27th year, partnered with Fortune on the World’s Most Admired Companies (WMAC) list. The list was released today. Korn Ferry and Fortune analyzed 660 companies, representing 29 countries and 52 industries and surveyed more than 3,720 executives to measure reputation based on nine different attributes including firm’s effectiveness in conducting business globally, its ability to attract, develop, and keep talent, its value as a long-te

NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (the “Company” or “KREF”) (NYSE: KREF) today announced the tax treatment of its 2023 common stock and 6.50% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”) dividends. The following table summarizes KKR Real Estate Finance Trust Inc.’s common stock and Series A Preferred Stock dividend payments for the tax year ended December 31, 2023: Tax Treatment of 2023 Common Stock Dividends   Record Date Payment D

NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today the tax treatment of common and preferred stock distributions paid to stockholders. This information is provided to assist stockholders with tax reporting requirements related to distributions of taxable income by the Company. Stockholders should review the 2023 tax statements and/or Form 1099-DIV received from their brokerage firms or other institutions to ensure those statements agree wi

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 New York Community Bancorp, Inc. (“NYCB” or the “Company”) (NYSE: NYCB) investors concerning the Company’s possible violations of the federal securities laws. If you suffered a loss on your NYCB investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securit

NEW YORK--(BUSINESS WIRE)--Today, BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI), Bla

BOSTON--(BUSINESS WIRE)--The Eaton Vance closed-end funds listed below released today the estimated sources of their January distributions (each a “Fund”). This press release is issued as required by the Funds’ managed distribution plan (Plan) and an exemptive order received from the U.S. Securities and Exchange Commission. The Board of Trustees has approved the implementation of the Plan to make monthly, as noted below, cash distributions to common shareholders, stated in terms of a fixed amou

OLDWICK, N.J.--(BUSINESS WIRE)--In the last 90 days, Best’s Review readers have been most interested in the following stories: “Sprouting from Chaos: Opportunity Brings New Insurers to Florida” provides a look at the five new carriers that have come to the Sunshine State in the wake of legislation aimed at driving down litigation and opening up the homeowners market. “How AI Is Remaking the Insurance Workforce” examines how AI will empower the insurance workforce by transforming roles and openi

CHICAGO--(BUSINESS WIRE)-- #AccountsReceivable--Bectran, Inc., a pioneer in credit, collections, and accounts receivable management technology, is thrilled to unveil its Advanced Order Hold Management System. This innovative product addition is exclusively designed for credit departments to swiftly resolve order holds in real-time, minimize exposure risk, and accelerate the order-to-cash cycle, marking a significant leap in operational efficiency. “The system minimizes manual interventions, allowing businesses to fo

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces 2023 Dividend Tax Information

NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today announced that its Board of Directors has voted to declare a quarterly dividend of $0.50 per share on its outstanding common stock. The dividend is payable on February 23, 2024, to stockholders of record on February 12, 2024. About Lazard Founded in 1848, Lazard is one of the world's preeminent financial advisory and asset management firms, with operations in North and South America, Europe, the Middle East, Asia, and Australia. Lazard p

BURBANK, Calif.--(BUSINESS WIRE)--Loop Media, Inc. ("Loop Media") (NYSE American: LPTV), a leading multichannel streaming CTV platform that provides curated music videos, sports, news, premium entertainment channels and digital signage for businesses, will host a conference call on Tuesday, February 6, 2024, at 5:00 p.m. Eastern time to discuss its financial and operating results for its 2024 fiscal first quarter ended December 31, 2023. Loop Media's management will host the conference call, fo

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG) today announced its Board of Directors approved a new $50 million stock repurchase authorization plan as part of OFG’s capital actions. The new plan, which is open-ended, replaces the prior one, which had $17.2 million remaining authorization. About OFG Bancorp Now in its 60th year in business, OFG Bancorp is a diversified financial holding company that operates under U.S., Puerto Rico and U.S. Virgin Islands banking laws and regul

NEW YORK--(BUSINESS WIRE)--METLIFE ANNOUNCES FULL YEAR AND FOURTH QUARTER 2023 RESULTS

NEW YORK--(BUSINESS WIRE)--Ladder Capital Corp (“Ladder” or the “Company”) (NYSE: LADR) today announced the tax treatment of its 2023 Class A common stock dividend payments. For the tax year ended December 31, 2023, the tax treatment of distributions paid in respect of Class A common stock is as follows: Record Date Payable Date Distribution per Share Ordinary Dividends Qualified Dividends (1) Capital Gain Unrecapt. 1250 Gain (2) Return of Capital Sec. 199A Dividends (3)   Form 1099   Reference

NEW YORK--(BUSINESS WIRE)--METLIFE CFO JOHN McCALLION PROVIDES FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL UPDATE VIDEO

WASHINGTON, Pa.--(BUSINESS WIRE)--CB Financial Services, Inc. (“CB” or the “Company”) (NASDAQGM: CBFV), the holding company of Community Bank (the “Bank”), today announced its fourth quarter and 2023 financial results.   Three Months Ended   Year Ended   12/31/23 9/30/23 6/30/23 3/31/23 12/31/22   12/31/23 12/31/22 (Dollars in thousands, except per share data) (Unaudited)                                 Net Income (GAAP) $ 12,966   $ 2,672 $ 2,757   $ 4,156   $ 4,152     $ 22,550   $ 11,247   N