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NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that Courtney Leimkuhler, co-founder and Managing Partner of the venture fund, Springbank, has been elected to its Board of Directors as an independent Director, effective November 5, 2024. Ms. Leimkuhler is a highly accomplished executive who previously held positions at Goldman Sachs, NYSE Euronext and MarshMcLennan. Ms. Leimkuhler began her career in investment banking at Goldman Sachs, before spending

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Retail Opportunity Investments Corp. (NasdaqGS: ROIC) to Blackstone Inc. (NYSE: BX). Under the terms of the proposed transaction, shareholders of Retail Opportunity will receive $17.50 in cash for each share of Retail Opportunity that they own. KSF is seeking to determine whether this consideration and the pro

HOUSTON--(BUSINESS WIRE)--Hicks Thomas LLP has been named to the 2025 edition of Best Law Firms by The Best Lawyers in America, one of the oldest and most respected legal guides in the industry. The firm received the highest ranking possible – Tier 1 – both nationally and in the Houston metro area for oil and gas law. It also received top-tier rankings for its commercial litigation, energy law and insurance law practices in Houston. Best Law Firms also recognized the firm for its work in constr

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Lowers Prime Lending Rate to 7.75 Percent

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Lilium N.V. (“Lilium” or the “Company”) (NASDAQ: LILM, LILMW; OTC: LILMF) securities between June 11, 2024 and November 3, 2024, inclusive (the “Class Period”). Lilium investors have until January 6, 2025 to file a lead plaintiff motion. Investors suffering losses on their Lilium investments are encouraged to contact the Law Offices of Howard G

RESTON, Va.--(BUSINESS WIRE)--Comstock Partners, LC (“CPLC”), a leading operator of mixed-use and transit-oriented properties in the Washington, D.C. region, announced today that affiliate CRS Commerce Center, LC, as landlord of approximately 500,000 square feet of commercial office buildings in Reston, Virginia (the “Premises”), initiated collection proceedings against its tenant Kimley-Horn and Associates, Inc. CPLC seeks damages of $25 million as a result of Kimley-Horn’s failure to pay full

NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), a shareholder and consumer rights litigation firm, is investigating whether MGP Ingredients, Inc. (“MGP” or the “Company”) (NYSE: MGPI) or certain of its officers and directors issued misleading and false statements and/or failed to disclose information material to investors in violation of federal securities laws. CLICK HERE TO LEARN MORE MGP is a producer and supplier of distilled spirits, branded spirits, and food i

NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), a shareholder and consumer rights litigation firm, is investigating whether TransMedics Group, Inc. (“TransMedics Group” or the “Company”) (NASDAQ: TMDX) or certain of its officers and directors issued misleading and false statements and/or failed to disclose information material to investors in violation of federal securities laws. CLICK HERE TO LEARN MORE TransMedics Group operates an organ transplant ecosystem under

HOUSTON--(BUSINESS WIRE)--Port Houston is proud to be Certified™ by Great Place To Work®. The prestigious award is based entirely on what current employees say about their experience working at Port Houston. This year, 75% of employees said it’s a great place to work – 18% higher than the average U.S. company. Great Place To Work® is the global authority on workplace culture, employee experience, and the leadership behaviors proven to deliver market-leading revenue, employee retention, and incr

NEW YORK--(BUSINESS WIRE)--Ziff Davis, Inc. (NASDAQ: ZD) reported unaudited financial results for the third quarter ended September 30, 2024, and reaffirmed its 2024 guidance.

EDINBURGH, Scotland--(BUSINESS WIRE)--Wordsmith AI releases First Pass, an advanced contract review tool unlocking legal insights for everyone.

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has removed from under review with developing implications and upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a-” (Excellent) from “bbb+” (Good) of Merit Life Insurance Co. (Merit) (Charlotte, NC). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect Merit’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating p

BOSTON--(BUSINESS WIRE)--Semrush Holdings, Inc. (NYSE: SEMR), a leading online visibility management SaaS platform, today reported financial results for the third quarter ended September 30, 2024. “We reported a strong quarter, exceeding our guidance and positioning us to raise our full year 2024 guidance. Revenue growth accelerated, rising 24% year-over-year to $97.4 million, and ARR also grew 24% year-over-year, as we focused on growing our core business, while upselling and cross selling our

HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced the launch of a secondary offering of its common stock by American International Group, Inc. (NYSE: AIG). AIG, as the selling stockholder, is offering 30 million existing shares of common stock (out of approximately 568 million total shares of common stock outstanding) of Corebridge Financial and has granted a 30-day option to the underwriters to purchase up to an additional 4.5 million shares. All of the net proc

MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bank Decreases Prime Lending Rate to 7.75 Percent

NEW YORK--(BUSINESS WIRE)-- #CLOs--Sound Point Meridian Capital, Inc. (NYSE: SPMC, SPMA), a closed-end management investment company that has registered as an investment company under the Investment Company Act of 1940, as amended (the “Company”), today is pleased to announce the declaration of distributions on shares of the Company’s common and preferred stock for the first calendar quarter of 2025 (fiscal fourth quarter 2025). The Company is declaring a monthly distribution of $0.24 per share on its

CHICAGO--(BUSINESS WIRE)--Northern Trust has decreased its prime rate from 8.00% to 7.75%, effective Friday, November 8, 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 Canada,

NEW YORK--(BUSINESS WIRE)--Goldman Sachs BDC, Inc. (“GSBD”, the “Company”, “we”, “us”, or “our”) (NYSE: GSBD) today reported financial results for the third quarter ended September 30, 2024 and filed its Form 10-Q with the U.S. Securities and Exchange Commission. QUARTERLY HIGHLIGHTS Net investment income per share for the quarter ended September 30, 2024 was $0.58. Excluding purchase discount amortization per share of $0.01 from the Merger (as defined below), adjusted net investment income per

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 8.00% to 7.75% effective tomorrow, November 8, 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, small

NEW YORK--(BUSINESS WIRE)--Morgan Stanley Direct Lending Fund (NYSE: MSDL) (“MSDL” or the “Company”), a business development company externally managed by MS Capital Partners Adviser Inc. (the “Adviser”), today announced its financial results for the third quarter ended September 30, 2024. QUARTERLY HIGHLIGHTS Net investment income of $58.7 million, or $0.66 per share, as compared to $56.1 million, or $0.63 per share, for the quarter ended June 30, 2024; Net asset value of $20.83 per share, fla