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Virtus Convertible & Income Fund Announces Quarterly Distribution: 5.625% Series A Cumulative Preferred Shares

Lastest from Businesswire - Mon, 12/01/2025 - 18:14
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Convertible & Income Fund (NYSE: NCV) announced today that it has declared a $0.3515625 per share cash distribution payable on December 31, 2025 to Series A cumulative preferred shareholders of record on December 11, 2025. The Series A Cumulative Preferred Shares, which trade on the New York Stock Exchange under the symbol NCV PR A, are rated “A” by Fitch Ratings and have an annual dividend rate of $1.40625 per share. The 4,000,000 Series A Cumulativ

Acadian Asset Management Inc. Completes Refinancing and Redemption of 2026 Senior Notes

Lastest from Businesswire - Mon, 12/01/2025 - 18:14
BOSTON--(BUSINESS WIRE)--Acadian Asset Management Inc. (NYSE: AAMI) today announced the completion of the redemption of all $275 million aggregate principal amount outstanding of its 4.800% Senior Notes due July 27, 2026. The redemption was funded through a combination of a previously disclosed $200 million term loan facility and cash on hand. As previously disclosed, on October 28, 2025, and in connection with the redemption, Acadian Asset Management LLC, the Company's majority-owned subsidiar

Vestis Reports Fourth Quarter and Full-Year 2025 Results and Announces Strategic Business Transformation

Lastest from Businesswire - Mon, 12/01/2025 - 18:14
ATLANTA--(BUSINESS WIRE)--Vestis Corporation (NYSE: VSTS), a leading provider of uniforms and workplace supplies, today announced its results for the fiscal fourth quarter and full-year periods ended October 3, 2025, both of which reflect an additional week of operations when compared to the same prior year period. Fourth Quarter 2025 Results Revenue of $712 million Operating Income of $18 million Net Loss of $13 million, or $(0.10) per diluted share Adjusted Net Income* of $4 million, or $0.03

Paycom to Present at the Barclays Global Technology Conference

Lastest from Businesswire - Mon, 12/01/2025 - 18:14
OKLAHOMA CITY--(BUSINESS WIRE)--Paycom Software, Inc. (“Paycom”) (NYSE: PAYC), a leading provider of comprehensive, cloud-based human capital management software, today announced that the company will present at the Barclays Global Technology Conference on Dec. 10 in San Francisco. Event Details: Barclays Global Technology Conference Date: Dec. 10 Time: 2:30 p.m. (Pacific) Location: San Francisco A live webcast of the presentation will be available at investors.paycom.com under the “Events” tab

ZoomInfo Investigation Initiated By Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of ZoomInfo Technologies, Inc. – GTM, ZI

Lastest from Businesswire - Mon, 12/01/2025 - 18:14
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into ZoomInfo Technologies, Inc. (NasdaqGS: GTM). On August 5, 2024, the Company announced its financial results for 2Q2024, disclosing that it incurred a $33 million charge due to non-payments from customers and had been forced to implement a “new business risk model” to redu

Overlay Shares Announces Change to Investment Objective and Strategy for the Overlay Shares Hedged Large Cap Equity ETF (OVLH)

Lastest from Businesswire - Mon, 12/01/2025 - 18:14
ATLANTA--(BUSINESS WIRE)--OVLH will change its investment objective and revise its principal investment strategies effective December 31, 2025.

E*TRADE from Morgan Stanley Releases Monthly Sector Rotation Study

Lastest from Businesswire - Mon, 12/01/2025 - 18:14
NEW YORK--(BUSINESS WIRE)--E*TRADE from Morgan Stanley today released the data from its monthly sector rotation study, based on the E*TRADE customer notional net percentage buy/sell behavior for stocks that comprise the S&P 500 sectors. About E*TRADE from Morgan Stanley and Important Notices E*TRADE from Morgan Stanley provides financial services to retail customers. Securities products and advisory services offered by Morgan Stanley Smith Barney LLC, Member SIPC and a Registered Investment

Beauty Health Investigation Initiated By Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of The Beauty Health Company - SKIN

Lastest from Businesswire - Mon, 12/01/2025 - 18:14
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into The Beauty Health Company (“Beauty Health” or the “Company”) (NasdaqCM: SKIN). In November 2023, the Company announced its financial results for the third quarter of 2023, disclosing that “[t]he quarter was overshadowed by lower-than-expected U.S. revenue and $63.1 millio

First U.S. Community Credit Union Welcomes Victor Mendoza as Chief Information Officer

Lastest from Businesswire - Mon, 12/01/2025 - 15:13
SACRAMENTO, Calif.--(BUSINESS WIRE)-- #banking--First U.S. Community Credit Union has named Victor Mendoza, CCUE as Senior Vice President, Chief Information Officer (CIO) to serve on the Executive Leadership Team and lead information systems and security, programming, and information technology operations. Mendoza brings more than 20 years of progressive leadership experience in IT within the credit union industry. Most recently serving as Vice President, Information Technology at UNCLE Credit Union, he h

VanEck Further Extends Fee Waiver for HODL, Still the Only Zero-Fee* Bitcoin ETP

Lastest from Businesswire - Mon, 12/01/2025 - 15:13
NEW YORK--(BUSINESS WIRE)--VanEck again extends the fee waiver for its VanEck Bitcoin ETF (HODL).

Cannon Hill Capital Partners and TriPost Capital Partners Announce Strategic Partnership

Lastest from Businesswire - Mon, 12/01/2025 - 15:13
NEW YORK--(BUSINESS WIRE)--Cannon Hill Capital Partners (“Cannon Hill”), a vertically-integrated real estate firm, today announced it has entered into a strategic partnership with TriPost Capital Partners (“TriPost”). The capital investment will allow Cannon Hill to scale its acquisition activities in New York City, Boston and Washington, D.C., with a focus on distressed office properties. The partnership will enable the acquisition of up to $1.5 billion in strategic office assets over the next

Clipbook Raises $3.3 Million Seed Round to Build the Leading Vertical AI Platform for Communications

Lastest from Businesswire - Mon, 12/01/2025 - 15:13
SAN FRANCISCO--(BUSINESS WIRE)--Clipbook, the leading vertical AI platform for strategic communications and public affairs, has announced the closing of a $3.3 million seed round, co-led by Mark Cuban, Commonweal Ventures, and Carpenter Capital. The funding round includes participation from world-leading executives and operators in communications, media, technology, and government, including: Danny Werfel, former IRS Commissioner and Boston Consulting Group Global Head of Public Sector Dan Pfei

ICR Appoints Mónica Jiménez González as Principal for Latin America, Expanding the Reach of Its Governance and Shareholder Advisory Capabilities

Lastest from Businesswire - Mon, 12/01/2025 - 15:13
NEW YORK--(BUSINESS WIRE)-- #ICR--ICR, a leading strategic communications and advisory firm, today announced that Mónica Jiménez González has joined the firm’s Governance and Shareholder Advisory practice as Principal for Latin America, based in Bogotá, Colombia. Under the leadership of Gabriel Hasson, Global Head of Governance and Shareholder Advisory, Ms. Jiménez will provide strategic counsel across governance, sustainability, shareholder engagement and activism preparedness, drawing on her more th

Great American Insurance Group’s Environmental Division Collaborates with Great American’s División Daños México to Offer Pollution Coverage in Mexico

Lastest from Businesswire - Mon, 12/01/2025 - 15:13
CINCINNATI--(BUSINESS WIRE)--Great American’s Environmental Division is pleased to announce a collaboration with División Daños México to expand its product offerings into Mexico.

Red White & Blue Thrift Store Opens San Diego Location

Lastest from Businesswire - Mon, 12/01/2025 - 15:13
SAN DIEGO--(BUSINESS WIRE)--Red White & Blue Thrift Store announced today that its new store at 1655 Euclid Ave. will open to shoppers at 9 a.m. on Thursday, December 4, following an 8:45 a.m. ribbon-cutting ceremony. The celebration will continue throughout the weekend with complimentary refreshments, giveaways, and more. "We are thrilled to announce the opening of our newest Red White & Blue Thrift Store location, further extending our mission of offering high-quality, sustainable sho

KBRA Assigns Preliminary Ratings to Metronet Infrastructure Issuer, LLC, Series 2025-4 and Takes Other Rating Actions

Lastest from Businesswire - Mon, 12/01/2025 - 15:13
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to Series 2025-4 (Metronet 2025-4, or the Series 2025-4 Notes) from Metronet Infrastructure Issuer, LLC (the Issuer), a communications infrastructure securitization (CIS) that is primarily collateralized by fiber-to-the-premises (FTTP) networks and related contracts. Metronet 2025-4 represents MetroNet System Holdings, LLC’s (MetroNet’s, the Parent’s, or the Company’s) fourth KBRA-rated series, following the establishment of the master

Morningstar DBRS Assigns Initial Long-Term Issuer Ratings of BBB to FVCbank; FVCBankcorp, Inc. Receives BBB (low) Rating with Stable Outlook

Lastest from Businesswire - Mon, 12/01/2025 - 15:13
FAIRFAX, Va.--(BUSINESS WIRE)--Morningstar DBRS assigned initial credit ratings to FVCBankcorp, Inc. (NASDAQ: FVCB) (“the Company”), including a Long-Term Issuer Rating of BBB (low) with a Stable trend. Additionally, Morningstar DBRS also assigned credit ratings to the Company’s subsidiary, FVCbank (the “Bank”), including a Long-Term Issuer Rating of BBB with a Stable trend. The Intrinsic Assessment (IA) for the Bank is BBB while the Support Assessment is SA1, reflecting the expectation of inte

Aledade Secures $500 Million Credit Facility from Ares to Support Growth

Lastest from Businesswire - Mon, 12/01/2025 - 15:13
BETHESDA, Md. & NEW YORK--(BUSINESS WIRE)--Aledade and Ares Commercial Finance today announced a $500 million senior secured credit facility, led by Ares Credit funds.

Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for November 2025, includes Reg.-NMS Execution Statistics

Lastest from Businesswire - Mon, 12/01/2025 - 15:13
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 November. Brokerage highlights for the month included: 4.273 million Daily Average Revenue Trades (DARTs)1, 29% higher than prior year and 4% lower than prior month. Ending client equity of $769.7 billion, 34% higher than prior year and 2% lower than prior month. Ending client margin loan balances of $83.

Partner Jesse L. Jensen Joins Labaton Keller Sucharow

Lastest from Businesswire - Mon, 12/01/2025 - 12:13
NEW YORK--(BUSINESS WIRE)--Labaton Keller Sucharow LLP is pleased to announce that Jesse L. Jensen will be joining the Firm’s New York office as a Partner in the Firm’s Securities Litigation Practice Group. “Jesse is an exceptional litigator whose experience in high-stakes securities cases strengthens our already formidable team,” said Jonathan Gardner, Managing Partner and Head of Litigation. “His track record of achieving meaningful results for investors and his commitment to excellence make

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