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KBRA Releases Research – 2025 RMBS Sector Outlook: Growth on the Horizon
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases its 2025 RMBS Sector Outlook, which provides market and performance themes as of year-to-date (YTD) 2024, as well as issuance volume trends and forecasts for 2025, collateral performance trends, and rating surveillance outcomes. In addition, we cover the RMBS 2.0 spread environment at pricing as well as other themes to watch in 2025. Some key takeaways from the report include the following: Current and Expected RMBS 2.0 Issuance: Expectations for full-ye
NYLI MacKay DefinedTerm Muni Opportunities Fund Announces Preliminary Results of Tender Offer
NEW YORK--(BUSINESS WIRE)--NYLI MacKay DefinedTerm Muni Opportunities Fund (the “Fund”) (NYSE: MMD) today announced the preliminary results of a tender offer. As previously announced, the Fund conducted a tender offer allowing shareholders to offer up to 100% of their shares for repurchase for cash at a price per share equal to 100% of the net asset value per share determined on the date the tender offer expires. The tender offer expired on November 14, 2024, at 5:00 p.m. Eastern time. Based on
The AZEK Company Named as Chicago Tribune Top Workplace for Fourth Consecutive Year
CHICAGO--(BUSINESS WIRE)--The AZEK Company Inc. (NYSE: AZEK) ("AZEK" or the “Company”), the industry-leading manufacturer of beautiful, low-maintenance and environmentally sustainable outdoor living products, including TimberTech® Decking and Railing, Versatex® and AZEK® Trim, and StruXure® pergolas, has been named a Top Workplace by the Chicago Tribune for the fourth consecutive year. Companies are selected based on the results of an anonymous survey issued to our Chicago-area employees, measu
Cantaloupe, Inc. Honored with Two Prestigious Technology Association of Georgia Awards for Innovation and Impact in Fintech
ATLANTA--(BUSINESS WIRE)---- $CTLP #cantaloupeinc--Cantaloupe, Inc. is honored with two prestigious Technology Association of Georgia awards for innovation and impact in Fintech.
Intrepid Fiber Groundbreaking in Broomfield, CO
BROOMFIELD, Colo.--(BUSINESS WIRE)--Intrepid Fiber Networks held a groundbreaking ceremony in Broomfield, Colorado on Wednesday, where construction and installation of a city-wide fiber broadband network is set to begin. Working closely with the city, Intrepid secured a license agreement in August allowing it to begin deploying a high-speed fiber broadband network across the city. Intrepid had originally announced the expansion of its network into Broomfield in May, along with other North Denve
Telered and Discover® Global Network Sign Strategic Alliance, Increasing Acceptance for Cardholders
RIVERWOODS, Ill., & PANAMA--(BUSINESS WIRE)--Today, Telered hosted representatives from Discover Global Network to mark the beginning of their work together. Telered, through the Sistema Clave system, is integrating with the Discover Global Network. With this agreement, Sistema Clave users will be able to make purchases and payments at more than 70 million global acceptance locations1, as well as on frequently used online merchants and streaming platforms; and withdraw cash at more than 1.8 mil
Existing Home Sales Post Biggest Increase in Nearly Three Years
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) —Existing home sales rose 1.6% month over month in October—the biggest gain since January 2022—to a seasonally adjusted annual rate of 4,179,346. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. They climbed 1.7% year over year—the first annual increase since November 2021—and are on track to finish the year slightly higher than they finished last year (4,093,102). Overall home sales, which include
Murchinson Refutes Nano Dimension’s Latest False and Misleading Claims
TORONTO--(BUSINESS WIRE)--Murchinson Ltd. (collectively with its affiliates and funds it advises and/or sub-advises, “Murchinson” or “we”), a significant shareholder with approximately 7.1% of the outstanding shares of Nano Dimension Ltd. (NASDAQ: NNDM) (“Nano” or the “Company”), today issued an investor presentation refuting the false and misleading claims contained in Nano’s recent public materials. Murchinson has nominated two highly qualified director nominees – Ofir Baharav and Robert Pons
Certain Closed-end Funds Advised by Franklin Templeton Fund Adviser, LLC Announce Appointment of New Chair and Directors
NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement
Sprinklr Announces Date of Third Quarter Financial Results
NEW YORK--(BUSINESS WIRE)---- $CXM #CX--Sprinklr today announced that the company’s third quarter financial results will be released after market close on December 4, 2024.
Clarion Partners Real Estate Income Fund Inc. (CPREX) Announces Tender Offer
NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement
Thermo Fisher Scientific Authorizes $4 Billion of Share Repurchases
WALTHAM, Mass.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, today announced that its Board of Directors has authorized the repurchase of $4 billion of shares of its common stock in the open market or in negotiated transactions. The authorization has no expiration date. This replaces the company’s existing repurchase authorization, of which $1 billion was remaining. About Thermo Fisher Scientific Thermo Fisher Scientific Inc. is the world lead
Wells Fargo & Company Declares Cash Dividends on Preferred Stock
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced dividends on six series of preferred stock. A quarterly cash dividend of $18.75 per share was declared on its 7.50% noncumulative perpetual convertible class A preferred stock, Series L, liquidation preference $1,000 per share, which is traded on the New York Stock Exchange under the symbol “WFCPrL”. The Series L dividend is payable on Dec. 16, 2024, to holders of record as of the close of business on Nov. 29,
Ellington Financial Inc. Completes Non-QM Securitization
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced that it has closed a $290 million securitization backed by a pool of non-qualified residential mortgage (“non-QM”) loans. Ellington Financial contributed approximately 65% of the loans included in the securitization, with the remainder contributed by funds managed by Ellington Management Group, L.L.C. The debt tranches issued in the securitization were rated by Fitch and KBRA, with the se
Equity Commonwealth Declares Initial Cash Liquidating Distribution of $19.00 Per Common Share and Announces Ex-Dividend Date
CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) (the “Company”) announced today that its Board of Trustees has authorized an initial cash liquidating distribution of $19.00 per common share (the “Initial Liquidating Distribution”) which will be paid on December 6, 2024 to shareholders of record on November 25, 2024. The Company is also updating the estimated aggregate shareholder liquidating distribution range of $19.50 to $21.00 per common share disclosed in its definitive proxy stat
ASML INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that ASML Holdings, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements concerning ASML business and prospects, resulting in its stock trading at inflated prices.
‘Tis the Season for Temptation: Holiday Shoppers Anticipate Overspending
COSTA MESA, Calif.--(BUSINESS WIRE)--According to a national consumer survey from Experian, 89 percent of consumers are tempted to spend more than they should this holiday season.
PACS INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that PACS Group, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements concerning PACS business and prospects, resulting in its stock trading at inflated prices.
Waitrose Extends Collaboration with NCR Atleos, Expanding Cash Access
ATLANTA--(BUSINESS WIRE)--NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced a new five-year agreement to provide Atleos’ Cashzone Network ATMs in the John Lewis Partnership’s Waitrose supermarkets across the UK. The John Lewis Partnership owns and operates two of Britain's best-loved retail brands - John Lewis and Waitrose. Started as a radical experiment over a century ago, th
Rio Tinto invests $16m in Makira Natural Park REDD+ Project in Madagascar
BAKU, Azerbaijan--(BUSINESS WIRE)--Rio Tinto has committed $16 million to the Makira Natural Park REDD+1 Project in northern Madagascar, through a new partnership with the Wildlife Conservation Society (WCS) and Everland. This commitment complements Rio Tinto’s investment in nature-based solutions in the south-east of the country. The Makira Natural Park REDD+ Project encompasses 372,000 hectares of dense primary forest. One of the largest remaining rainforests in the country, harbouring 17 spe