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Cotchett, Pitre & McCarthy Files First Direct Purchaser Antitrust Class Action Challenging Alleged Global Shipping Container Cartel

Lastest from Businesswire - Thu, 06/25/2026 - 23:59
BURLINGAME, Calif.--(BUSINESS WIRE)--Cotchett, Pitre & McCarthy “CPM” has filed the nation's first direct purchaser antitrust class action seeking to hold some of the world's largest shipping container manufacturers accountable for an alleged conspiracy to restrict output and fix prices for standard dry shipping containers sold throughout the United States.On June 24, 2026, Atlantic Coast Container, Inc., represented by CPM, filed a class action complaint in the United States District Court

Undue Medical Debt Announces $550 Million of Medical Debt Erased for Over 260,000 Californians

Lastest from Businesswire - Thu, 06/25/2026 - 20:59
SANTA MONICA, Calif.--(BUSINESS WIRE)--Undue Medical Debt today announced that a transformative gift from Evan Spiegel and Miranda Kerr has erased over $550 million in medical debt for over 261,000 Californians, providing relief to families across the state as healthcare costs and broader affordability challenges continue to weigh on households. Brooklyn, a former recipient of medical debt relief in Woodland, CA, shares, “In 2018, I was in a traumatic car accident during a medical crisis. The a

AM Best Downgrades Credit Ratings of Star Mutual Risk Retention Group, Inc.

Lastest from Businesswire - Thu, 06/25/2026 - 20:59
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has downgraded the Financial Strength Rating to B- (Fair) from B+ (Good) and the Long-Term Issuer Credit Rating to “bb-” (Fair) from “bbb-” (Good) of Star Mutual Risk Retention Group, Inc. (Star Mutual) (Knoxville, TN). The outlook of these Credit Ratings (ratings) is negative.The ratings reflect Star Mutual’s balance sheet strength, which AM Best assesses as weak, as well as its adequate operating performance, limited business profile and marginal enterpr

BMI INVESTOR REMINDER: Badger Meter, Inc. Investors Have Until August 3, 2026 To Seek Lead Plaintiff Role - Contact Kirby McInerney LLP

Lastest from Businesswire - Thu, 06/25/2026 - 20:59
NEW YORK--(BUSINESS WIRE)--If you have suffered a loss on your Badger Meter, Inc. (“Badger Meter” or the “Company”) (NYSE:BMI) investment, contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below to discuss your rights or interests in the securities fraud class action lawsuit at no cost.Investors have until August 3, 2026 to ask the Court to appoint them as lead plaintiff. Courts do not consider applications filed after this deadline

KBRA Assigns AA Rating to Alaska Municipal Bond Bank Authority General Obligation and Refunding Bonds, 2026 Series Two; Affirms Related Ratings

Lastest from Businesswire - Thu, 06/25/2026 - 20:59
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term rating of AA to the Alaska Municipal Bond Bank Authority General Obligation and Refunding Bonds, 2026 Series Two and affirms the long-term rating of AA for the Authority's outstanding General Obligation Bonds. KBRA additionally affirms the long-term rating of AA+ for the State of Alaska's General Obligation Bonds as well as the long-term rating of AA for the State's Appropriation Bonds. The rating Outlook for each obligation is Stable. Key Cre

AM Best Upgrades Issuer Credit Rating of Berkley International Compañía de Garantías México S.A. de C.V.

Lastest from Businesswire - Thu, 06/25/2026 - 20:59
MEXICO CITY--(BUSINESS WIRE)-- #insurance--AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “aa” (Superior) from “aa-” (Superior), affirmed the Financial Strength Rating (FSR) of A+ (Superior), and affirmed the Mexico National Scale Rating (NSR) of “aaa.MX” (Exceptional) of Berkley International Compañía de Garantías Mexico S.A. de C.V. (BICGM) (Mexico City, Mexico). The outlook of the Long-Term ICR has been revised to stable from positive, while the outlooks of the FSR and NSR are

AM Best Upgrades Issuer Credit Ratings of W. R. Berkley Corporation and Its Subsidiaries

Lastest from Businesswire - Thu, 06/25/2026 - 20:59
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has upgraded the Long-Term Issuer Ratings (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent), all associated Long-Term Issue Ratings (Long-Term IR) and indicative Long-Term IRs for securities issued by W. R. Berkley Corporation (W. R. Berkley) (Greenwich, CT) [NYSE: WRB]. At the same time, AM Best has upgraded the Long-Term ICR to “aa” (Superior) from “aa-” (Superior) and affirmed the Financial Strength Rating (FSR) of A+ (Superior) of Berkley Insur

Upstart Publishes May 2026 UMI

Lastest from Businesswire - Thu, 06/25/2026 - 20:59
BURLINGAME, Calif.--(BUSINESS WIRE)--Upstart Holdings, Inc. (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, today updated the Upstart Macro Index (UMI) to include May 2026 data. For historical data and information about how the index is calculated, see upstart.com/umi.UMI rose to 1.49 in May from 1.43 in April and remains below the elevated levels observed in early 2024.While UMI is derived from Upstart-powered unsecured personal loans, broader macroeconomic trends

Lighthouse Earns Fifth Consecutive Band 1 Ranking from Chambers and Partners

Lastest from Businesswire - Thu, 06/25/2026 - 20:59
SEATTLE--(BUSINESS WIRE)--Lighthouse has been awarded a Band 1 ranking from Chambers and Partners for the fifth year in a row in the eDiscovery Litigation Support category.

Vallant Financial Announces Ten-For-One Stock Split

Lastest from Businesswire - Thu, 06/25/2026 - 17:59
ELBERTON, Ga.--(BUSINESS WIRE)--Vallant Financial, Inc., (OTCQX:VLNT; “Vallant” or “we”), parent company of Vallant Bank, today announced a ten-for-one forward stock split of the Company’s common stock. Each record holder of common stock as of the close of business on Tuesday, June 30, 2026, will receive nine additional shares of common stock on or about July 1, 2026. Trading is expected to commence on a split-adjusted basis at market open on Thursday, July 2, 2026. The Company’s shareholder ow

SYNA Stock Alert: Halper Sadeh LLC is Investigating Whether Synaptics Incorporated is Obtaining a Fair Price for its Shareholders

Lastest from Businesswire - Thu, 06/25/2026 - 17:59
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating the sale of Synaptics Incorporated (NASDAQ: SYNA) to onsemi for 1.350 shares of onsemi common stock for each Synaptics share.Halper Sadeh encourages Synaptics shareholders to click here to learn more about their rights and options or contact Daniel Sadeh or Zachary Halper free of charge at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.The investigation concerns whether Synaptics and it

rentandes Expands Fleet by Nearly 1,000 Vehicles Through Acquisition of Contracts of Local Colombian Competitor

Lastest from Businesswire - Thu, 06/25/2026 - 17:59
BOGOTÁ, Colombia--(BUSINESS WIRE)--rentandes has announced the acquisition of all active renting contracts previously held by Local Colombian Competitor within the country. While the financial terms of the transaction were not disclosed, the deal integrates approximately 1,000 vehicles into the company’s platform. This strategic move continues rentandes’ expansion in the Colombian operating leasing market and ensures seamless service continuity for all newly integrated clients. “This acquisitio

Octagon Opposes the Proposed Appointment of Rockford Tower Asset Management as XFLT’s Sub-Adviser

Lastest from Businesswire - Thu, 06/25/2026 - 17:59
NEW YORK--(BUSINESS WIRE)--Octagon Credit Investors, LLC (“Octagon”), a leading credit-focused asset manager, today announced that it intends to file a preliminary proxy statement with the U.S. Securities and Exchange Commission (the “SEC”) and has issued an open letter to shareholders of the Fund in connection with the upcoming special meeting of shareholders of XAI Floating Rate & Alternative Income Trust (formerly, XAI Octagon Floating Rate & Alternative Income Trust) (the “Fund” or

ASA Gold and Precious Metals Limited Announces the Appointment of Paul Kazarian as President and Principal Executive Officer; and the Establishment of an Investment Committee to Manage the Company’s Portfolio Internally on an Interim Basis

Lastest from Businesswire - Thu, 06/25/2026 - 17:59
PORTLAND, Maine--(BUSINESS WIRE)--ASA Gold and Precious Metals Limited (NYSE: ASA) (the “Company”), a registered closed-end management investment company listed on the New York Stock Exchange, today announced that Paul Kazarian has been appointed President and Principal Executive Officer (“PEO”) of the Company. Axel Merk and Peter Maletis no longer serve as officers of the Company. The Company also announced that, as the Special Committee of the Board of Directors continues its work evaluating

Ellington Financial Announces Estimated Book Value Per Common Share as of May 31, 2026

Lastest from Businesswire - Thu, 06/25/2026 - 17:59
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) ("we") today announced an estimated book value per share of common stock of $13.49 as of May 31, 2026. This estimate includes the effect of the previously announced monthly dividend of $0.13 per share of common stock, to be paid on June 30, 2026 to holders of record on May 29, 2026, with the same ex-dividend date. Cautionary Statement Regarding Forward-Looking Statements Estimated book value per common share is subject

The Baldwin Group to Report Second Quarter 2026 Results on Thursday, July 30, 2026

Lastest from Businesswire - Thu, 06/25/2026 - 17:59
TAMPA, Fla.--(BUSINESS WIRE)--The Baldwin Group, the brand name for The Baldwin Insurance Group, Inc. (“Baldwin” or the “Company”) (NASDAQ: BWIN) and its affiliates, an independent insurance distribution firm delivering tailored insurance solutions to a wide range of personal and commercial clients, announced today that it will report its second quarter 2026 financial results after the market closes on Thursday, July 30, 2026.Baldwin will host a live audio webcast the same day at 5:00 pm Eastern

The First Bancorp Declares Second Quarter Dividend

Lastest from Businesswire - Thu, 06/25/2026 - 17:59
DAMARISCOTTA, Maine--(BUSINESS WIRE)--The First Bancorp (NASDAQ: FNLC), the parent company of First National Bank, today declared a quarterly cash dividend of 38 cents per share. This second quarter dividend represents an increase of one cent per share from dividend paid in each of the prior four quarters, and is payable July 17, 2026 to shareholders of record as of July 7, 2026. "The Board of Directors is pleased to authorize a dividend of 38 cents per share for the second quarter of 2026," re

Ameris Bank Donates $10,000 to Lifecycle Building Center

Lastest from Businesswire - Thu, 06/25/2026 - 17:59
ATLANTA--(BUSINESS WIRE)--To support an environmentally-conscious brick reuse program in metro Atlanta, Ameris Bank is proud to donate $10,000 to Lifecycle Building Center (LBC), a material reuse nonprofit. The funds will be applied to the organization’s Brick to Brick program, which recovers vintage brick from demolition and renovation projects, removes the mortar, and offers affordable salvaged brick for construction reuse in the community.LBC delivers its mission of strengthening communities

American Express Releases 2026 Dodd-Frank Act Stress Test Results

Lastest from Businesswire - Thu, 06/25/2026 - 17:59
NEW YORK--(BUSINESS WIRE)--American Express Company (NYSE: AXP) today announced the release of the results of its company-run 2026 Dodd-Frank Act Stress Test (DFAST). American Express will continue to be subject to its current Stress Capital Buffer (SCB) requirement of 2.5 percent, the minimum SCB requirement under the applicable regulations, through September 30, 2027. The decision is consistent with the Federal Reserve's February 4, 2026, announcement that it will maintain existing SCB requir

NYSE to Commence Delisting Proceedings with Respect to Warrants of Lanvin Group Holdings Limited (LANV-WT)

Lastest from Businesswire - Thu, 06/25/2026 - 17:59
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 warrants (“Warrants”) — ticker symbol LANV-WT — each exercisable for one ordinary share at an exercise price of $11.50 per share of Lanvin Group Holdings Limited (the “Company”) from the NYSE. Trading in these Warrants on the NYSE will be suspended immediately. Trading in the Company’s ordinary shares — ticker symb

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