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Lumentum Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Lumentum Holdings Inc. - LITE
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Lumentum Holdings Inc. (NasdaqGS: LITE) to Marvell Technology, Inc. (NasdaqGS: MRVL). Under the terms of the proposed transaction, shareholders of Lumentum will receive 4.500 shares of Marvell common stock for each share of Lumentum that they own. KSF is seeking to determine whether this considerati
Insurity Challenges the P&C Insurance Industry to Rethink Who Owns AI as Core Platforms Race to Acquire It
HARTFORD, Conn.--(BUSINESS WIRE)--Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, today called on the insurance industry to rethink who controls the intelligence powering its core operations. As core platform providers race to acquire AI capabilities and integrate them into existing systems, Insurity is reaffirming its AI-native strategy that gives carriers greater control over their models, data, and decisions, with governance and auditability th
AM Best Revises Outlooks to Positive for Anchor General Insurance Company and Subsidiary
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Ratings of “bbb-” (Good) of Anchor General Insurance Company (San Diego, CA) and subsidiary, Pacific Star Insurance Company (Madison, WI), collectively referred to as Anchor General. The Credit Ratings (ratings) reflect Anchor General’s balance sheet strength, which AM Best assesses as adequate, as well as its adequate o
Doug Bergeron Comments on Preliminary Results Indicating Election of New Board Majority at Ethan Allen
PARK CITY, Utah--(BUSINESS WIRE)--Doug Bergeron, who together with his affiliates and associates beneficially owns approximately 5.2% of Ethan Allen Interiors Inc. (“Ethan Allen” or the “Company”) (NYSE: ETD), today issued the following statement regarding the preliminary results of the Company’s 2026 Annual Meeting of Stockholders: “Today marks a new chapter in Ethan Allen’s storied history. Throughout this campaign, we asked shareholders to give us the mandate to restore accountability, revit
KBRA Assigns Preliminary Ratings to PRKCM 2026-AFC7 Trust
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 10 classes of mortgage-backed notes issued by PRKCM 2026-AFC7 Trust, an RMBS transaction sponsored by Park Capital Management Sponsor LLC. The $381.8 million transaction is collateralized by a pool of 957 residential mortgages, with fixed-rate mortgages (FRMs) and hybrid adjustable-rate mortgages (ARMs) representing 98.0% and 2.0% of the pool, respectively. The transaction includes a meaningful concentration of collateral that KBRA
Berkshire Hathaway Inc. Information Regarding Third Quarter Earnings Release
OMAHA, Neb.--(BUSINESS WIRE)--(BRK.A; BRK.B) – Berkshire Hathaway Inc.’s third quarter earnings release and its quarterly report on Form 10-Q will be posted on the Internet on Saturday, November 7, 2026, at approximately 7:00 a.m. Central time where it can be accessed at www.berkshirehathaway.com.About BerkshireBerkshire Hathaway and its subsidiaries engage in diverse business activities including insurance and reinsurance, utilities and energy, freight rail transportation, manufacturing, servic
Best’s Commentary: Florida Flooding Losses Manageable but Expose Low Take-up Rates for Private Coverage
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--Given the disproportionate number of homes with federal or private flood insurance in Florida, a significant number of them may not be covered against or underinsured against flood-related losses following several rounds of torrential storms across the state, according to an AM Best commentary. The Best’s Commentary, “Florida Flooding Losses Manageable but Expose Low Take-up Rates for Private Coverage,” notes that Florida is the largest flood insurance market in
Deadline Alert: UP Fintech Holding Limited Investors Have Until December 28, 2026 to Seek Lead Plaintiff Role in Securities Fraud Class Action, Glancy Prongay Wolke & Rotter LLP Reminds Investors
LOS ANGELES--(BUSINESS WIRE)--Investors in UP Fintech Holding Limited ("UP Fintech" or the "Company") (NASDAQ: TIGR) have until December 28, 2026 to ask the Court to appoint them lead plaintiff in a securities fraud class action lawsuit filed on behalf of investors who purchased or otherwise acquired UP Fintech Holding Limited securities between April 22, 2024 and June 2, 2026, inclusive. Glancy Prongay Wolke & Rotter LLP ("Glancy") today reminded investors of the upcoming deadline. The UP F
Mark Farrah Associates Analyzed 2Q26 Profitability Trends for Health Insurance Business
PITTSBURGH--(BUSINESS WIRE)--MFA compared 2Q25 and 2Q26, PMPM health premiums and expenses for the Individual, Employer-Group, Medicare, and Medicaid segments.
Lost Money on Stevanato Group S.p.A. Shares? The Law Offices of Frank R. Cruz Investigates Potential Securities Fraud After 28.57% Stock Decline
LOS ANGELES--(BUSINESS WIRE)--Stevanato Group S.p.A. ("Stevanato" or the "Company") investors who lost money may have claims to recover their losses. The Law Offices of Frank R. Cruz today announced it is investigating potential securities fraud claims on behalf of investors in Stevanato Group S.p.A. (NYSE: STVN), examining whether the Company may have violated the federal securities laws. The investigation centers on the disclosure about Stevanato Group S.p.A. on November 3, 2026. If you lost
Deadline Alert: Yiren Digital Ltd. Stockholders Face December 28, 2026 Lead Plaintiff Deadline in Securities Fraud Class Action, The Law Offices of Howard G. Smith Highlights
BENSALEM, Pa.--(BUSINESS WIRE)--Yiren Digital Ltd. ("Yiren" or the "Company") (NYSE: YRD) investors who wish to serve as lead plaintiff in a pending securities fraud class action lawsuit must move the Court by December 28, 2026. The suit was filed on behalf of investors who purchased or otherwise acquired the Company's securities from April 29, 2026 through October 13, 2026, inclusive. The Law Offices of Howard G. Smith today highlighted the deadline in the case, Lester et al v. Yiren Digital L
Lost Money on Amdocs Limited Shares? The Law Offices of Frank R. Cruz Investigates Potential Securities Fraud After 26.83% Stock Decline
LOS ANGELES--(BUSINESS WIRE)--Amdocs Limited ("Amdocs" or the "Company") investors who lost money may have claims to recover their losses. The Law Offices of Frank R. Cruz today announced it is investigating potential securities fraud claims on behalf of investors in Amdocs Limited (NASDAQ: DOX), examining whether the Company may have violated the federal securities laws. The investigation centers on the disclosure about Amdocs Limited on November 3, 2026. If you lost money on Amdocs Limited se
Deadline Alert: Everest Group, Ltd. Shareholders Have Until December 28, 2026 to Seek Lead Plaintiff Appointment in Securities Fraud Lawsuit, The Law Offices of Frank R. Cruz Notes
LOS ANGELES--(BUSINESS WIRE)--The deadline for Everest Group, Ltd. ("Everest" or the "Company") (NYSE: EG) investors to seek appointment as lead plaintiff in a securities class action lawsuit is December 28, 2026. The lawsuit was filed on behalf of investors who purchased or otherwise acquired Everest Group, Ltd. securities from February 8, 2024 to October 27, 2025, inclusive. The Law Offices of Frank R. Cruz today reminded investors of the deadline in the case, City of Detroit General Retireme
Deadline Alert: Tenax Therapeutics, Inc. Shareholders Have Until December 28, 2026 to Seek Lead Plaintiff Appointment in Securities Fraud Lawsuit, The Law Offices of Frank R. Cruz Notes
LOS ANGELES--(BUSINESS WIRE)--The deadline for Tenax Therapeutics, Inc. ("Tenax" or the "Company") (NASDAQ: TENX) investors to seek appointment as lead plaintiff in a securities class action lawsuit is December 28, 2026. The lawsuit was filed on behalf of investors who purchased or otherwise acquired Tenax Therapeutics, Inc. securities from November 13, 2023 to August 7, 2026, inclusive. The Law Offices of Frank R. Cruz today reminded investors of the deadline in the case, Katz v. Tenax Therapeu
Fundamental Research Labs Names Brett Caughran Chief Growth Officer to Help Build the AI Stack for Fundamental Investors
SAN FRANCISCO--(BUSINESS WIRE)--Fundamental Research Labs (FRL), the applied AI research company behind Shortcut, today announced that Brett Caughran has joined the company as Chief Growth Officer. Caughran will help to build the frontier AI stack for fundamental investors, spanning Shortcut, the leading AI agent for Excel; Sho, a long-running digital analyst; and Signals, qualitative signal development for fundamental investors. He will also lead a new Forward Deployed Investor team that embed
Hospitals and Health Systems Lost 10% of Net Revenue to Bad Debt and Insurance Denials in 2025, or More Than $132 Billion, According to a New Kodiak Solutions Analysis
INDIANAPOLIS--(BUSINESS WIRE)-- #baddebt--The returns from IT investments to stem net revenue leakage have plateaued, underscoring the need for data insights that drive financial performance.
MultiBank Exchange Holding Forms Predominantly Emirati Board as Platform Records US$500 Billion in Monthly Trading Volume
DUBAI, United Arab Emirates--(BUSINESS WIRE)-- #multibankgroup--MultiBank Group has announced the formation of a predominantly Emirati Board of Directors for MultiBank Exchange Holding.
KBRA Assigns Preliminary Ratings to OBX 2026-NQM17 Trust
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 13 classes of mortgage-backed notes from OBX 2026-NQM17 Trust, a $781.5 million non-prime RMBS transaction. The underlying collateral, comprising 1,555 residential mortgages, with fixed-rate mortgages (FRMs) and hybrid adjustable-rate mortgages (ARMs) making up 96.0% and 4.0% of the pool, respectively. All of the loans are either classified as non-qualified mortgages (Non-QM; 18.5%) or exempt (64.1%) from the Ability-to-Repay/Qualif
AM Best Affirms Credit Ratings of Knighthead Annuity & Life Assurance Company and Merit Life Insurance Co.
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Knighthead Annuity & Life Assurance Company (Knighthead Annuity) (Cayman Islands) and its affiliate Merit Life Insurance Co. (Merit) (Charlotte, NC) (collectively referred to as Knighthead Insurance Group). The outlook of these Credit Ratings (ratings) is stable. In addition, AM Best has a assigned a Long-Term Issue Credit Rating
Avantus Increases Corporate Credit Facility to $1.28 Billion, Adds Five New Lenders
SAN DIEGO--(BUSINESS WIRE)--Avantus, a leading developer, owner and operator of utility-scale solar and storage projects, today announced it has further upsized its corporate credit facility, increasing total commitments to $1.28 billion. The expanded facility builds on the $1.05 billion facility the company closed in August 2026.The additional capacity adds momentum to Avantus’ independent power producer (IPP) strategy across California and the Desert Southwest, where its development pipeline t
