Feed aggregator
CBB Bancorp Announces Appointment of Kent Smith as Chief Financial Officer
LOS ANGELES--(BUSINESS WIRE)--CBB Bancorp, Inc. (“CBB” or the “Company”) (OTCQX: CBBI), the parent company of Commonwealth Business Bank (the “Bank”), today announced that Kent Smith has joined the company as Executive Vice President and Chief Financial Officer effective May 01, 2026. Mr. Smith brings over 30 years of banking and financial leadership experience including 16 years as a Chief Financial Officer in both public and private community banking sectors. Mr. Smith has worked extensively
Payward Completes Acquisition of Bitnomial, the First Fully CFTC-Licensed Crypto-Native Derivatives Stack in the US
CHEYENNE, Wyo.--(BUSINESS WIRE)--Payward, a unified financial infrastructure platform advancing an open, global financial system, today announced the completion of its acquisition of Bitnomial, the first fully CFTC-licensed derivatives company in the United States built for digital assets. Payward now owns the complete US derivatives stack – a Futures Commission Merchant (FCM), a Designated Contract Market (DCM), and a Derivatives Clearing Organization (DCO) – built over more than a decade with
Emerald Announces Date for First Quarter 2026 Financial Results
NEW YORK--(BUSINESS WIRE)--Emerald Holding, Inc. (NYSE: EEX) (“Emerald” or the “Company”), today announced that it will release its financial results for the first quarter 2026 before the market open on Monday, May 11, 2026. The Company will hold a conference call to discuss the results at 8:30 am ET on the same day. The conference call can be accessed by dialing 1-800-715-9871 (domestic) or 1-646-307-1963 (international). A telephonic replay will be available beginning at 11:30 am ET by dialin
MBIA Inc. Investor Conference Call to Discuss First Quarter 2026 Financial Results Scheduled for Friday, May 8 at 8:30 A.M. Eastern Time
PURCHASE, N.Y.--(BUSINESS WIRE)--MBIA Inc. (NYSE:MBI) will host a webcast and conference call for investors on Friday, May 8 at 8:30 a.m. (ET) to discuss its first quarter 2026 financial results and other issues related to the Company. The dial-in number for the call is 800-445-7795 in the U.S. and 785-424-1699 from outside the U.S. The conference call code is MBIAQ126. A live webcast of the conference call will also be accessible on www.mbia.com. The conference call will consist of brief comme
College Decision Day Is Here: What Students and Families Should Know About Paying for College
NEWARK, Del.--(BUSINESS WIRE)--High school seniors across the country are celebrating College Decision Day by making the long-anticipated commitment on where to attend college this fall. For many families, however, the decision isn’t only about where to go—it’s also about what that choice means financially and for long-term success. Cost remains one of the most influential factors in college selection, but it doesn’t tell the whole story. Families are also weighing overall fit and outcomes. Sal
AEG Presents Announces Strategic Partnership With Outback Presents
LOS ANGELES--(BUSINESS WIRE)--AEG Presents Announces Strategic Partnership With Outback Presents
Paychex Declares a 10% Increase to Quarterly Cash Dividend
ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc. (Nasdaq: PAYX), an industry-leading human capital management ("HCM") company, today announced that its Board of Directors has declared a regular quarterly cash dividend on Paychex common stock of $1.19 per share, an increase of $0.11 (or 10%) from the prior quarterly dividend of $1.08 per share, payable on May 29, 2026 to shareholders of record as of May 13, 2026. “Our decision to raise the dividend by 10%—our fifth consecutive double-digit increa
Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for April 2026, includes Reg.-NMS Execution Statistics
GREENWICH, Conn.--(BUSINESS WIRE)---- $IBKR #IBKR--Interactive Brokers Group, Inc. (Nasdaq: IBKR) an automated global electronic broker, today reported its Electronic Brokerage monthly performance metrics for April. Brokerage highlights for the month included: 4.241 million Daily Average Revenue Trades (DARTs)1, 11% higher than prior year and 2% lower than prior month. Ending client equity of $870.9 billion, 48% higher than prior year and 10% higher than prior month. Ending client margin loan balances of $91.3
Seneca Capital Partners Announces $120,000,000 Portfolio Disposition of Seneca Capital Income Real Estate Fund II, L.P.
DENVER--(BUSINESS WIRE)--Seneca Capital Partners (“Seneca”), a Denver-based private equity firm, is pleased to announce the successful disposition of all portfolio real estate assets held by Seneca Capital Income Real Estate Fund II, L.P. (“SCIRE Fund II” or the “Fund”), representing approximately $120,000,000 in aggregate transaction value. SCIRE Fund II was strategically assembled to acquire and operate a diversified portfolio of income-producing real estate assets, with a focus on durable ca
Law Offices of Howard G. Smith Encourages SES AI Corporation (SES) Shareholders To Inquire About Securities Fraud Class Action
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 SES AI Corporation (“SES AI” or the “Company”) (NYSE: SES) securities between January 29, 2025 and March 4, 2026, inclusive (the “Class Period”). SES AI investors have until June 26, 2026 to file a lead plaintiff motion.IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN SES AI CORPORATION (SES), CONTACT THE LAW OFFICES OF HOWARD G. SMITH TO PARTICIPA
Deadline Alert: LKQ Corporation (LKQ) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay Wolke & Rotter LLP reminds investors of the upcoming June 22, 2026 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired LKQ Corporation (“LKQ” or the “Company”) (NASDAQ: LKQ) common stock between February 27, 2023 and July 23, 2025, inclusive (the “Class Period”). IF YOU SUFFERED A LOSS ON YOUR LKQ INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOV
Deadline Approaching: Globant S.A. (GLOB) Shareholders Who Lost Money Urged To Contact Law Offices of Howard G. Smith
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the upcoming June 23, 2026 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased Globant S.A. (“Globant” or the “Company”) (NYSE: GLOB) common stock between February 15, 2024 and August 14, 2025, inclusive (the “Class Period”). IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN GLOBANT S.A. (GLOB), CONTACT THE LAW OFFICES OF HOWARD G. SMITH TO PARTICIPATE IN THE ONGOING SECUR
Davis Polk Launches in Los Angeles, Welcomes Leading Litigator Jason Russell
NEW YORK--(BUSINESS WIRE)--Davis Polk today announced that the firm will open an office in Los Angeles. The office will be led by leading litigator Jason Russell.
Former Miami Mayor Francis Suarez Joins Stephen M. Ross and Ken Griffin in Backing “Ambition Accelerated” Campaign as It Expands National Push at Formula 1 Miami
THE GOLD COAST, Fla.--(BUSINESS WIRE)--The Florida Council of 100 and its Foundation announced today that Francis Suarez, the two-term former mayor of Miami, has joined their “Ambition Accelerated” campaign as a Senior Advisor. Seeded with $10 million from Related Ross CEO and Chairman Stephen M. Ross and Citadel Founder and CEO Ken Griffin, the nationwide campaign targets CEOs, founders and investors weighing where to build and scale and makes the case that Florida’s Gold Coast has the right c
KBRA Releases Research – CMBS Loan Performance Trends: April 2026
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases a report on U.S. commercial mortgage-backed securities (CMBS) loan performance trends observed in the April 2026 servicer reporting period. The 30+ day delinquency rate among KBRA-rated U.S. private label commercial mortgage-backed securities (CMBS) decreased 15 basis points (bps) to 7.6% in April from 7.7% in March, while the distress rate (reflecting delinquent plus current-but-specially-serviced loans) declined 8 bps. The multifamily sector’s distress
CBL Properties Announces New $97.5 Million Loan Secured by Fayette Mall in Lexington, KY
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE:CBL) announced today that it has completed the refinancing of Fayette Mall, a dominant super-regional enclosed mall located in Lexington, Kentucky. The financing replaces the existing $98.6 million loan with a new $97.5 million, five‑year non-recourse CMBS loan with a fixed interest rate of approximately 7.25%. The new loan’s more favorable amortization structure results in approximately $5.0 million in additional cash flow to CBL. “This
Prosperity Capital Advisors Unveils Unified Vision to Deliver the Highest Caliber Wealth Management Experience for Clients
WESTLAKE, Ohio--(BUSINESS WIRE)--Prosperity Capital Advisors unveils unified entity, bringing five firms together under the Prosperity brand, building a destination advisory firm.
Generational Group Advises Financial Assistance, Inc. in Its Sale to Cistern Capital Management
DALLAS--(BUSINESS WIRE)--Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of Financial Assistance, Inc. to Cistern Capital Management. The acquisition closed April 2, 2026. Based in Bellevue, Washington, Financial Assistance, Inc. (FAI) is a financial services company providing recovery solutions for credit unions and banks. The firm specializes in compliant collections, legal-phase account management, and consum
3AF Impact 50 Names Top Brands Driving Innovation, Growth, and Connection with Asian American Consumers
LOS ANGELES--(BUSINESS WIRE)-- #3AFImpact50--3AF 2026 Impact 50 recognizes national brands investing in the Asian American consumer segment. Unveiling at the 3AF Summit on May 13 in Los Angeles.
Phelps Invests More in DFW, Adding Five Financial Services Lawyers in Dallas From Former Boutique Litigation Firm
DALLAS--(BUSINESS WIRE)--Phelps welcomes five lawyers with an office in Uptown Dallas to support the business and litigation needs of financial services and corporate clients across Texas and the southwestern United States. With an established presence, the team comes from the former boutique, Johnston Clem Gifford, and brings commercial litigation experience to resolve sophisticated business disputes. This group of lawyers is known for advising banks, lenders and financial services companies a
