Lastest from Businesswire
Ademi LLP Investigates Claims of Securities Fraud against Super Micro Computer, Inc.
MILWAUKEE--(BUSINESS WIRE)--Ademi LLP is investigating possible securities fraud claims against Super Micro Computer (Nasdaq: SMCI). The investigation results from inaccurate statements Super Micro Computer may have made regarding its accounting, business operations and prospects. Click here to learn more about the investigation or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you. The investigation focuses on the recent announcement of Super Micro Computer that i
CareTrust REIT, Inc. Announces Pricing of Upsized Public Offering of Common Stock
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE: CTRE) (“CareTrust REIT” or the “Company”) announced the pricing of its upsized underwritten public offering of 13,800,000 shares of common stock at a price to the public of $32.00 per share. The offering is expected to close on November 1, 2024, subject to customary closing conditions. In connection with the offering, the Company has granted the underwriters a 30-day option to purchase up to an additional 2,070,000 shares of com
Lazard Declares Quarterly Dividend of $0.50 Per Share
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today announced that its Board of Directors has voted to declare a quarterly dividend of $0.50 per share on its outstanding common stock. The dividend is payable on November 15, 2024, to stockholders of record on November 8, 2024. About Lazard Founded in 1848, Lazard is one of the world's preeminent financial advisory and asset management firms, with operations in North and South America, Europe, the Middle East, Asia, and Australia. Lazard pr
KBRA Assigns AA Rating, Stable Outlook to the Department of Water and Power of the City of Los Angeles Power System Revenue Bonds, 2024 Series E
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term rating of AA to the Department of Water and Power of the City of Los Angeles (LADWP) Power System Revenue Bonds, 2024 Series E. Concurrently, the rating on outstanding Power System Revenue Bonds is affirmed at AA. The Outlook is Stable. Key Credit Considerations The rating was assigned because of the following key credit considerations: Credit Positives LADWP is at the vanguard of U.S. public utilities in the transition to green energy and is
KBRA Assigns Preliminary Ratings to Provident Funding Mortgage Trust 2024-1 (PFMT 2024-1)
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 30 classes of mortgage pass-through certificates from Provident Funding Mortgage Trust 2024-1 (PFMT 2024-1). Provident Funding Mortgage Trust 2024-1 (PFMT 2024-1) is an agency eligible conforming RMBS transaction comprising 701 residential mortgages with an aggregate principal balance of $357.2 million as of the October 1, 2024 cut-off date. The underlying collateral consists entirely of agency-eligible, fully amortizing, fixed-rate
Marsh McLennan Announces Pricing of $7.25 Billion Senior Notes Offering
NEW YORK--(BUSINESS WIRE)--Marsh McLennan (NYSE: MMC) (the “Company”) announced today that it has priced $950 million aggregate principal amount of its 4.550% Senior Notes due 2027, $1,000 million aggregate principal amount of its 4.650% Senior Notes due 2030, $1,000 million aggregate principal amount of its 4.850% Senior Notes due 2031, $2,000 million aggregate principal amount of its 5.000% Senior Notes due 2035, $500 million aggregate principal amount of its 5.350% Senior Notes due 2044, $1,
MSCI November Index Review Announcement Scheduled for November 06, 2024
LONDON--(BUSINESS WIRE)--MSCI Inc. (NYSE:MSCI), a leading provider of critical decision support tools and services for the global investment community, will announce the results of the November 2024 Index Review for the MSCI Equity Indexes - including the MSCI Global Standard, MSCI Global Small Cap and MSCI Micro Cap Indexes, the MSCI Global Value and Growth Indexes, the MSCI Frontier Markets, and MSCI Frontier Markets Small Cap Indexes, the MSCI US Equity Indexes, the MSCI US REIT Index, the M
Source Capital, Inc. Declares Monthly Distributions on Common Stock
LOS ANGELES--(BUSINESS WIRE)--The Board of Directors of Source Capital, Inc. (NYSE: SOR) (the “Fund”), approved maintaining the Fund’s regular monthly distribution rate for each of the next three months as follows: Regular Monthly Distributions: Month Rate per Common Share Record Date Payable Date December 2024 $0.2083 December 16, 2024 December 30, 2024 January 2025 $0.2083 January 17, 2025 January 31, 2025 February 2025 $0.2083 February 14, 2025 February 28, 2025 About Source Capital
KBRA Assigns A Rating to NJTTFA Transportation Program Bonds, 2024 Series CC; Affirms A+ Rating for New Jersey GO and A Rating for Related Appropriation Bonds
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term rating of A to the New Jersey Transportation Trust Fund Authority (NJTTFA) Transportation Program Bonds, 2024 Series CC. KBRA additionally affirms the long-term rating of A+ for the State of New Jersey's General Obligation Bonds. Lastly, KBRA affirms the long-term rating of A for the following bonds: New Jersey Transportation Trust Fund Authority Transportation Program Bonds Transportation Program Notes (Fixed Rate) New Jersey Economic Develop
Allstate Reports Third Quarter 2024 Results
NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today reported financial results for the third quarter of 2024. The Allstate Corporation Consolidated Highlights Three months ended September 30, Nine months ended September 30, ($ in millions, except per share data and ratios) 2024 2023 % / pts Change 2024 2023 % / pts Change Consolidated revenues $ 16,627 $ 14,497 14.7 % $ 47,600 $ 42,262 12.6 % Net income (loss) applicable to common shareholders 1,161 (
Sound Point Meridian Capital Announces Offering of Series A Preferred Shares
NEW YORK--(BUSINESS WIRE)-- #CLO--Sound Point Meridian Capital, Inc. (the “Company”) (NYSE: SPMC), an externally managed closed-end fund focused on primarily investing in equity and junior debt tranches of collateralized loan obligations, has commenced an underwritten public offering of its Series A Preferred Shares. Certain financial and other terms of the Series A Preferred Shares are to be determined by negotiations between the Company and the underwriters. The Series A Preferred Shares are rated ‘
American Savings Bank Reports Third Quarter 2024 Financial Results
HONOLULU--(BUSINESS WIRE)--American Savings Bank Reports Third Quarter 2024 Financial Results
The Law Offices of Frank R. Cruz Announces Investigation of Unisys Corporation (UIS) on Behalf of Investors
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Unisys Corporation (“Unisys” or the “Company”) (NYSE:UIS) on behalf of investors concerning the Company’s possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On October 22, 2024, the Securities and Exchange Commission announced that it had charged Unisys for “materially misleading statements . . . negligently made regarding cybersecuri
TMDX INVESTIGATION ALERT: Robbins Geller Rudman & Dowd LLP Announces Investigation into TransMedics Group, Inc. and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm
SAN DIEGO--(BUSINESS WIRE)--Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving TransMedics Group, Inc. (NASDAQ: TMDX) focused on whether the company and certain of its top executives made false and/or misleading statements and/or failed to disclose material information to investors. If you have information that could assist in the TransMedics investigation or if you are a TransMedics investor who suffered a loss and would like to
AM Best Affirms Credit Ratings of Tanzania Reinsurance Company Ltd.
LONDON--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” (Fair) of Tanzania Reinsurance Company Ltd. (TAN RE) (Tanzania). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect TAN RE’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and marginal enterprise risk management. TAN RE’s balance sheet strength is und
HubSpot Completes Acquisition of B2B Billing Management and CPQ Solution, Cacheflow
CAMBRIDGE, Mass.--(BUSINESS WIRE)--HubSpot announced today that it has successfully finalized its acquisition of B2B billing management and CPQ solution, Cacheflow.
Redwood Trust Announces New Hires to Drive Advancements in Technology and Growing Non-Agency Opportunities
MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, is excited to announce the hiring of two key leaders to strengthen its commitment to innovation in technology and product development, strategic initiatives that are central to Redwood’s mission of making quality housing – whether rented or owned – accessible to all American households. Abhinav Asthana joins the company as Chief T
TFS Financial Corporation Announces Fourth Quarter and 2024 Fiscal Year Results
CLEVELAND--(BUSINESS WIRE)--TFS Financial Corporation (NASDAQ: TFSL) (the "Company", "we", "our"), the holding company for Third Federal Savings and Loan Association of Cleveland (the "Association"), today announced results for the quarter and fiscal year ended September 30, 2024. “During the year, Third Federal capitalized on the strong growth in our home equity products, and earnings increased approximately 6% in 2024 from the prior year, to almost $80 million,” said Chairman and CEO Marc A.
MetLife CFO John McCallion Provides Third Quarter 2024 Financial Update Video
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced that John McCallion, executive vice president and chief financial officer, MetLife, Inc., and head of MetLife Investment Management, has provided a third quarter 2024 financial update video. The video can be viewed on the company's website at https://www.metlife.com/about-us/newsroom/#video. About MetLife MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates (“MetLife”), is one of the world’s leading financial ser
Camping World Announces Commencement of Proposed Offering of Class A Common Stock
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Camping World Holdings, Inc. (NYSE:CWH) (“Camping World” or the “Company”) announced today a proposed offering of $300.0 million of its Class A common stock (the “Class A Common Stock”) pursuant to a registration statement filed on Form S-3 with the Securities and Exchange Commission (the “SEC”). Additionally, the Company intends to grant the underwriters a 30-day option to purchase up to an additional $45.0 million of Class A Common Stock. The proceeds of t