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Corebridge Financial Announces Pricing of Secondary Offering of Common Stock by AIG

Lastest from Businesswire - 57 min 37 sec ago
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that the previously announced secondary offering by American International Group, Inc. (NYSE: AIG) of common stock of Corebridge Financial has priced at $31.10 per share. The offering is expected to close on November 6, 2025, subject to customary closing conditions. AIG, as the selling stockholder, has offered 32.6 million existing shares of common stock (out of approximately 520 million total shares of common sto

The Estée Lauder Companies Announces Pricing of Secondary Offering of Class A Common Stock by Selling Stockholders

Lastest from Businesswire - 57 min 37 sec ago
NEW YORK--(BUSINESS WIRE)--The Estée Lauder Companies Inc. (NYSE: EL) today announces the pricing of the previously announced registered public offering (the “Offering”) of the Company’s Class A Common Stock, par value $.01 per share, by trusts affiliated with descendants of Leonard A. Lauder (the “Selling Stockholders”) at a price to the public of $90 per share. The Selling Stockholders will receive all of the proceeds from the Offering. The Company is not selling any shares of Class A Common

Law Offices of Howard G. Smith Encourages CarMax, Inc. (KMX) Shareholders To Inquire About Securities Fraud Class Action

Lastest from Businesswire - 57 min 37 sec ago
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 CarMax, Inc. (“CarMax” or the “Company”) (NYSE: KMX) securities between June 20, 2025 and September 24, 2025, inclusive (the “Class Period”). CarMax investors have until January 2, 2026 to file a lead plaintiff motion. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN CARMAX, INC. (KMX), CONTACT THE LAW OFFICES OF HOWARD G. SMITH TO PARTICIPATE IN

CarMax Shareholder Alert By Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors with Substantial Losses of Lead Plaintiff Deadline in Class Action Lawsuit Against CarMax, Inc. - KMX

Lastest from Businesswire - 57 min 37 sec ago
NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with substantial losses that they have until January 2, 2026 to file lead plaintiff applications in a securities class action lawsuit against CarMax, Inc. (NYSE: KMX), if they purchased or otherwise acquired the Company’s securities between June 20, 2025 and September 24, 2025, inclusive (the “Class Period”). This action i

H.C. Wainwright & Co. Is Once Again Ranked #1 by PlacementTracker

Lastest from Businesswire - 57 min 37 sec ago
NEW YORK--(BUSINESS WIRE)--H.C. Wainwright & Co., LLC, announced its #1 Ranking by transaction volume during the third quarter of 2025, maintaining the Firm’s top position for 42 consecutive quarters, in PlacementTracker's Market League Tables representing 109 transactions. In addition to being the #1 Investment Bank for Confidentially Marketed Public Offerings, Registered Direct and Private Placement transactions, H.C. Wainwright executed approximately 262 transactions since the start of 2

Forge Global Holdings, Inc. to Report Third Quarter Fiscal 2025 Financial Results on November 14, 2025

Lastest from Businesswire - 57 min 37 sec ago
SAN FRANCISCO--(BUSINESS WIRE)--Forge Global Holdings, Inc. (“Forge”) (NYSE: FRGE), a leading provider of marketplace infrastructure, data services, and technology and investment solutions for the private market, today announced that it will report its Third Quarter Fiscal 2025 Financial Results on November 14, 2025. About Forge Forge (NYSE: FRGE) is a leading provider of marketplace infrastructure, data services and technology and investment solutions for the private market. Forge Securities L

AM Best Upgrades Issuer Credit Rating of ICM Assurance Ltd

Lastest from Businesswire - 57 min 37 sec ago
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a+” (Excellent) from “a” (Excellent) and affirmed the Financial Strength Rating (FSR) of A (Excellent) of ICM Assurance Ltd (ICMA) (Barbados). The outlook of the Long-Term ICR has been revised to stable from positive while the outlook of the FSR is stable. ICMA is a single-parent captive insurer, wholly owned by CNOOC International Limited, which is in turn wholly owned by CNOOC Limited (

AM Best Comments on Credit Ratings of Palomar Holdings, Inc., Its Member Companies and Affiliate

Lastest from Businesswire - 57 min 37 sec ago
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has commented that the Credit Ratings (ratings) of Palomar Holdings, Inc. (Palomar) (Delaware) [NASDAQ: PLMR], the ultimate parent and insurance holding company of Palomar Specialty Insurance Company (PSIC) (Portland, OR), Palomar Excess and Surplus Insurance Company (PESIC) (Phoenix, AZ), Palomar Specialty Reinsurance Company Bermuda Ltd. (Palomar Re) (Bermuda) and First Indemnity of America Insurance Company (FIA) (Morris Plains, NJ) remain unchanged fo

KMX ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of CarMax, Inc. Investors

Lastest from Businesswire - 57 min 37 sec ago
NEW YORK--(BUSINESS WIRE)---- $KMX #classactionlawsuit--The law firm of Kirby McInerney LLP announces that a class action lawsuit - Jason Cap v. CarMax, Inc. - has been filed on behalf of investors who acquired CarMax, Inc. (“CarMax” or the “Company”) (NYSE:KMX) securities during the period of June 20, 2025 through September 24, 2025, inclusive (“the Class Period”). If you suffered a loss on your CarMax investments, you have until January 2, 2026 to request lead plaintiff appointment. For more information: [CONTACT THE FIR

AM Best Places Credit Ratings of The Gray Casualty & Surety Company Under Review With Positive Implications

Lastest from Businesswire - 3 hours 57 min ago
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has placed under review with positive implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of The Gray Casualty & Surety Company (Gray) (Metairie, LA). The actions on the Credit Ratings (ratings) follow the announcement on Oct. 30, 2025, that Palomar Holdings, Inc. (Palomar) [NASDAQ PLMR] has entered into a definitive agreement to acquire 100% of Gray from Bernhard Capital Partners. Th

AM Best Revises Outlook to Positive for Michigan Millers Mutual Insurance Company; Affirms Credit Ratings of Western National Insurance Pool Members

Lastest from Businesswire - 3 hours 57 min ago
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlook to positive from stable and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICR of “a” (Excellent) of Michigan Millers Mutual Insurance Company (Michigan Millers) (Lansing, MI). Concurrently, AM Best has affirmed the FSR of A+ (Superior) and the Long-Term ICR of “aa-” (Superior) of Western National Mutual Insurance Company (Edina, MN) and its affiliates, collectively known as Western National Insuran

Law Firms Turn to Phala's Confidential Compute to Bridge AI Trust Gap

Lastest from Businesswire - 3 hours 57 min ago
SAN FRANCISCO--(BUSINESS WIRE)-- #AICompliance--When partners at a California law firm floated the idea of using generative AI to draft briefs and summarize case law, their IT department blocked the plan. The reason: feeding client data into public AI models could expose privileged information and violate bar rules. The promise of faster research collided with the profession’s deepest taboo: confidentiality. After months of evaluation, the firm piloted a confidential-compute platform from Phala — one of severa

Limbach Holdings, Inc. Reports Third Quarter 2025 Results

Lastest from Businesswire - 3 hours 57 min ago
WARRENDALE, Pa.--(BUSINESS WIRE)--Limbach Holdings, Inc. (Nasdaq: LMB) (“Limbach” or the “Company”) today announced its financial results for the quarter ended September 30, 2025. Third Quarter 2025 Highlights Compared to Third Quarter 2024 Total revenue increased 37.8% to $184.6 million from $133.9 million Owner Direct Relationships (“ODR”) revenue increased 52.0%, or $48.4 million, to $141.4 million, or 76.6% of total revenue Organic ODR revenue growth of 12.2% Net income of $8.8 million, or

Radian Announces Third Quarter 2025 Financial Results

Lastest from Businesswire - 3 hours 57 min ago
WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) today reported diluted net income from continuing operations for the quarter ended September 30, 2025, of $153 million, or $1.11 per share. This compares with diluted net income from continuing operations for the quarter ended September 30, 2024, of $167 million, or $1.09 per share. Pretax income from continuing operations for the quarter ended September 30, 2025, was $199 million compared to $214 million for the quarter ended September

Sixth Street Specialty Lending, Inc. Provides a Letter to Stakeholders in Conjunction with its Third Quarter Earnings Results

Lastest from Businesswire - 3 hours 57 min ago
NEW YORK--(BUSINESS WIRE)--Sixth Street Specialty Lending, Inc. (NYSE: TSLX, or the “Company”) today sent the following letter to its stakeholders in conjunction with its third quarter ended September 30, 2025 financial results. Please view a printable version of the letter here.

SymphonyAI Launches Sensa Risk Intelligence to Modernize Financial Compliance With Proven AI Expertise

Lastest from Businesswire - 3 hours 57 min ago
PALO ALTO, Calif.--(BUSINESS WIRE)--SymphonyAI, a global leader in Vertical AI product platforms, today announced the launch of Sensa Risk Intelligence (SRI), an AI-native platform built on decades of regulatory and financial crime expertise. Designed for trusted deployment in critical financial environments, SRI helps institutions reduce compliance costs, improve detection accuracy, and modernize their operations with confidence. As regulations evolve and alert volumes surge, compliance teams

American Financial Group, Inc. Announces Third Quarter Results and Declares Special Dividend

Lastest from Businesswire - 3 hours 57 min ago
CINCINNATI--(BUSINESS WIRE)--American Financial Group, Inc. (NYSE: AFG) today reported 2025 third quarter net earnings of $215 million ($2.58 per share) compared to $181 million ($2.16 per share) in the 2024 third quarter. Net earnings included net after-tax non-core items that reduced net income by $9 million ($0.11 per share loss) and $13 million ($0.15 per share loss) in the 2025 and 2024 third quarters, respectively. Annualized return on equity was 18.2% and 15.2% for the third quarters of

OFS Credit Company Executes Master Repurchase Agreement

Lastest from Businesswire - 3 hours 57 min ago
CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (Nasdaq: OCCI) (“OFS Credit”, the “Company”, “we”, “us” or “our”), today announced that it has entered into a Master Repurchase Agreement (“MRA”) with Nomura Securities International, Inc. (“Nomura”) for the purchase and sale of collateralized loan obligation (“CLO”) securities that may be effected pursuant to transaction confirmations entered into under the MRA (the “Repurchase Facility”). The Repurchase Facility provides for Nomura to purchas

Sixth Street Specialty Lending, Inc. Appoints Robert Stanley as Co-Chief Executive Officer, Expands its Board of Directors and Elects Robert Stanley to the Board

Lastest from Businesswire - 3 hours 57 min ago
NEW YORK--(BUSINESS WIRE)--Sixth Street Specialty Lending, Inc. (NYSE: TSLX) (“TSLX” or “the Company") announced today that President Robert (“Bo”) Stanley has been appointed as Co-Chief Executive Officer of the Company, effective as of November 4, 2025. Mr. Stanley will assume the role of Co-CEO alongside existing CEO, Joshua Easterly. Mr. Easterly will continue to serve as Co-CEO until December 31, 2025, at which point Mr. Stanley will serve as the Company’s sole CEO. Mr. Easterly will remain

First American Financial Corporation Appoints Jeffrey (Jeff) J. Dailey to Board of Directors

Lastest from Businesswire - 3 hours 57 min ago
SANTA ANA, Calif.--(BUSINESS WIRE)--First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, announced today that Jeffrey J. Dailey has been appointed to the company’s board of directors. A proven strategic and innovative executive leader with more than four decades of experience in the insurance industry, including over 25 years in executive leadership,

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