Feed aggregator

SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements concerning GrafTech business and prospects, resulting in its stock trading at inflated prices.

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Aviation Capital Group LLC (ACG), a premier global full-service aircraft asset manager, announced the delivery of one new Airbus A320neo aircraft on long-term lease to Scandinavian Airlines (“SAS”). Featuring CFM International LEAP-1A engines, this is the ninth of ten aircraft scheduled to deliver to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and SAS. ACG specializes in commercial aircraft leasing and aviation financ

SANTA BARBARA, Calif.--(BUSINESS WIRE)-- #BankonBetter--American Riviera Bancorp (“Company”) (OTCQX: ARBV), holding company of American Riviera Bank (“Bank”), announced today unaudited net income of $10.5 million ($1.82 per share) for the year ended December 31, 2023, compared to $13.5 million ($2.38 per share) earned in the same reporting period in the previous year. Unaudited net income was $2.2 million ($0.38 per share) for the quarter ended December 31, 2023, compared to $2.6 million ($0.46 per share) in t

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of common stock of B. Riley Financial, Inc. (NASDAQ: RILY) between May 10, 2023 and November 9, 2023, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 25, 2024. SO WHAT: If you purchased B. Riley securities during the Cl

NEW YORK--(BUSINESS WIRE)--New Mountain Finance Corporation (the “Company,” “we,” “us” or “our”) (Nasdaq: NMFC) today announced that it has priced an underwritten public offering of $300 million in aggregate principal amount of 6.875% unsecured notes due 2029 (the “Notes”). The Notes will mature on February 1, 2029, and may be redeemed in whole or in part at the Company’s option at any time prior to January 1, 2029, at par plus a “make-whole” premium, and thereafter at par plus accrued interest

GILROY, Calif.--(BUSINESS WIRE)--OTCQB: PBNK - Pinnacle Bank, headquartered in Gilroy, California, announced today record unaudited net income for the year ended December 31, 2023 of $11,771,000, an increase of 39% over the 2022 net income of $8,453,000. Unaudited net income for the fourth quarter of 2023 was $3,251,000 compared to $2,926,000 in the third quarter of 2023 and $3,107,000 in the fourth quarter of 2022. As of December 31, 2023, total assets were $817.4 million, an 8% increase from

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has placed under review with negative implications the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb” (Good) of National Security Fire and Casualty Company (NSFC). AM Best also has placed under review with negative implications the FSR of B+ (Good) and the Long-Term ICR of “bbb-” (Good) of NSFC’s wholly owned subsidiary, Omega One Insurance Company, Inc. (Omega). In addition, AM Best has place

AUSTIN, Texas--(BUSINESS WIRE)--Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, has launched a partner integration with CreditSnap, a fintech platform that allows financial institutions to deliver lending and deposit account automation using pre-qualification technology, application programming interface (“API”) integrations and more. CreditSnap’s platform

CALABASAS, Calif.--(BUSINESS WIRE)--Marcus & Millichap, Inc. (NYSE: MMI), a leading national brokerage firm specializing in commercial real estate investment sales, financing and research and advisory services, announced today it will report its financial results for the fourth quarter ended December 31, 2023 on Friday, February 16, 2024, before the market open. The Company will host a webcast and a conference call the same day to discuss the results at 10:30 a.m. Eastern Time. The call wil

SUNNYVALE, Calif.--(BUSINESS WIRE)--As previously disclosed by Alpha and Omega Semiconductor Limited (the “Company”), since late 2019, the Company has been cooperating with the U.S. Department of Justice (“DOJ”) in connection with its criminal investigation into the Company’s compliance with export control regulations relating to certain business transactions with Huawei and its affiliates. On January 19, 2024, DOJ informed the Company that it has closed such investigation without any charges.

DALLAS--(BUSINESS WIRE)--First Choice Exteriors and Homestead Exterior Solutions, Generational Equity clients, were acquired by a Private Investor.

NEW YORK--(BUSINESS WIRE)--BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE: DCF) declared a distribution of $0.035 per share of common stock, payable on February 23, 2024, to shareholders of record at the close of business on February 8, 2024. The ex-dividend date is February 7, 2024. The previous distribution declared in December was $0.035 per share of common stock. The Fund intends to pay most, but likely not all, of its net income to common shareholders in monthly

WILMINGTON, Ohio--(BUSINESS WIRE)--ATSG announced the retirement of James O'Grady, President of Air Transport International, and the appointment of his replacement, Mike Betson.

NEW YORK--(BUSINESS WIRE)--Morgan Stanley (NYSE: MS) will announce its first quarter 2024 financial results on Tuesday, April 16, 2024, at approximately 7:30 a.m. (ET). A conference call to discuss the results will be held on April 16, 2024, at 9:30 a.m. (ET). The call will be available at www.morganstanley.com or by dialing 1-866-431-2040 (domestic) and 1-929-477-0541 (international); the passcode is 400700. Playback will be available via webcast on our website. Morgan Stanley is a leading glo

WEST READING, Pa.--(BUSINESS WIRE)---- $CUBI #FinTech--Customers Bancorp (NYSE: CUBI) announces very strong Q4 & full-year 2023 earnings: record NII; $7.32 EPS. Q4 '23 NIM up 63 basis points over Q3 '23.

CHICAGO--(BUSINESS WIRE)--Byline Bancorp, Inc. (NYSE: BY), today reported:         For the quarter   Full Year Highlights       4Q23   3Q23   4Q22 Financial Results (in thousands)                     • Net income increased $20.1 million, or 22.9%   Net interest income   $ 86,285   $ 92,452   $ 76,604       Non-interest income     14,503     12,376     11,455   • Positive operating leverage of 6.1%   Total Revenue(1)     100,788     104,828     88,059   driven by 28.0% increase in PTPP   Non-int

SAN DIEGO--(BUSINESS WIRE)---- $BIVI #BIVI--BioVie Inc. (BIVI) Allegedly Failed to Disclose Scientific Misconduct in Connection with its Clinical Trial

DALLAS--(BUSINESS WIRE)--Hilltop Holdings Inc. (NYSE: HTH) (“Hilltop”) today announced financial results for the fourth quarter and full year 2023. Hilltop produced income to common stockholders of $28.7 million, or $0.44 per diluted share, for the fourth quarter of 2023, compared to $25.6 million, or $0.39 per diluted share, for the fourth quarter of 2022. Income to common stockholders for the full year 2023 was $109.6 million, or $1.69 per diluted share, compared to $113.1 million, or $1.60 p

PIKEVILLE, Ky.--(BUSINESS WIRE)--Community Trust Bancorp, Inc. (NASDAQ: CTBI) is pleased to announce the appointment of Jeff Sandlin to its Board of Directors on January 23, 2024. Mr. Sandlin will serve on the Audit & Asset Quality and the Risk and Compliance Committees. Mr. Sandlin worked in the mining industry from 1980-1994. He joined Perry Distributors, Inc., in 1994 and worked his way through every area of the business including warehouse, delivery, marketing, human resources, and sale

WALNUT CREEK, Calif.--(BUSINESS WIRE)--BayCom Corp (“BayCom” or the “Company”) (NASDAQ: BCML), the holding company for United Business Bank (the “Bank” or “UBB”), announced earnings of $6.4 million, or $0.55 per diluted common share, for the fourth quarter of 2023, compared to earnings of $6.6 million, or $0.56 per diluted common share, for the third quarter of 2023 and $7.6 million, or $0.59 per diluted common share, for the fourth quarter of 2022. Net income for the fourth quarter of 2023 com