Lastest from Businesswire

PHILADELPHIA--(BUSINESS WIRE)--The Board of Trustees of the CBRE Global Real Estate Income Fund (NYSE: IGR) (the “Fund”) has declared three distributions of $0.06 per share for the months of October, November and December 2024 ($0.18 per share in total). The following dates apply:     Declaration Date   Ex-Dividend Date   Record Date   Payable Date October 2024   10-10-2024   10-21-2024   10-21-2024   10-31-2024 November 2024   10-10-2024   11-20-2024   11-20-2024   11-29-2024 December 2024   1

NEW YORK--(BUSINESS WIRE)---- $OPEN #Opensea--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of OpenSea NFTs. Investors who purchased OpenSea NFTs are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/Open. Investigation Details On August 28, 2024, CNBC published an article entitled “OpenSea receives Wells notice from SEC, regulator says NFTs are securities.” The article stated, “

CINCINNATI--(BUSINESS WIRE)--Greater Cincinnati is a community built by changemakers: the individuals, institutions and innovators who boldly pursue new opportunities to help the city grow and thrive. During BLINK, the nation’s largest public art and light event, Fifth Third will transform Cincinnati’s historic Fountain Square into a unique and innovative art and light installation that celebrates the community’s entrepreneurial spirit – and challenges visitors to think differently about its fu

NEW YORK--(BUSINESS WIRE)--Clear Street (“Clear Street”, “the Company”) a cloud-native financial technology firm on a mission to modernize the brokerage ecosystem, announced today the rebranding of CenterPoint Securities, the award-winning provider of products and services for the active and professional trader. Clear Street acquired CenterPoint in 2020. Customers benefit from Clear Street’s constant ability to innovate, customize and deliver world-class trading technologies, harnessing the fir

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA is pleased to announce the following senior management appointments. Yee Cent Wong has been named Lead Analytical Manager for Structured Finance and Jack Kahan has been named Global Head of ABS and RMBS. KBRA is expanding its senior leadership team for Structured Finance with the appointment of Yee as Lead Analytical Manager for Structured Finance owing to the firm’s continued growth across ABS, CMBS, RMBS, and Structured Credit. Yee will oversee various facets o

CHARLOTTE, N.C.--(BUSINESS WIRE)--The Barings Global Short Duration High Yield Fund (the “Fund”) (NYSE: BGH) announced its monthly dividend for October 2024 of $0.1056 per share, payable on November 1, 2024. Based on the Fund’s September 30, 2024 share price of $15.18 per share, the dividend represents an annualized yield of 8.35% per share. Based on current projections through the payable date, the Fund expects that this dividend will be comprised of net investment income. In addition, the Fun

NEW YORK--(BUSINESS WIRE)--Meridian Capital Group, one of the nation’s leading commercial real estate finance, investment sales and retail leasing advisors, announced today that Freddie Mac lenders may resume requesting quotes for Meridian-brokered loans beginning on January 1, 2025. “We are excited about our reinstated ability to offer our clients agency lending options and we believe our efforts to create a best-in-class approach to compliance will set the tone for the commercial mortgage bro

NEW YORK--(BUSINESS WIRE)--Mill Point Capital LLC (“Mill Point”), a New York City-based private equity firm, announced today the final close of Mill Point Capital Partners III, L.P. (“Fund III”). With approximately $1.7 billion of total capital commitments closed in less than five months from launch, Fund III, consistent with its predecessor funds, was oversubscribed and closed at the hard cap. Mill Point targets value-oriented, control investments in lower middle-market companies across the Bu

DUBLIN--(BUSINESS WIRE)--Avolon Holdings Limited (‘Avolon’), a leading global aviation finance company, announces the repricing and extension of its US$2.33 billion senior secured Term Loan B-6 facility (the ‘Facility’) The facility priced at SOFR plus 1.75% (from 2.00% previously) with a SOFR floor of 0.50%, and an original issue discount (OID) of 99.875. The facility’s maturity was extended by two years to 22 June 2030. Ross O’Connor, Chief Financial Officer, Avolon commented: “We are very pl

SAN MATEO, Calif.--(BUSINESS WIRE)--Blue Owl Capital and Upstart Partner on Consumer Credit in $2 Billion Agreement

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a rating of ‘BBB- (sf)’ to the Series 2024-FT1 Note from FMC Issuer Trust-FMSR, master trust issuer of notes backed by a participation certificate representing an interest in MSRs that are created on mortgage loans owned by Fannie Mae or otherwise included in Fannie Mae MBS and serviced by FMC. The participation interest represents an interest in a portion of servicing fees payable to FMC as Servicer under the Fannie Mae Lender Contract, the agreement pur

ATHENS, Ga.--(BUSINESS WIRE)-- #b2bmarketing--TeleNet Marketing Solutions, a leading B2B marketing and sales service provider, proudly celebrates twenty-five years of client success, innovation, and growth. Established in a 1,200-square-foot office space with just three employees, TeleNet landed their first client in October 1999: a Fortune 100 technology heavyweight. Today, the company has over 150 employees and boasts an expansive client list, including that first client, a relationship now spanning 25 years

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns A- long-term rating with a Stable Outlook for the El Paso County Hospital District (the "District") Revenue Refunding Bonds, Series 2024 (the "Bonds"). The long-term rating reflects the District’s role as a safety net provider and Level I trauma center for El Paso County, TX (the “County”); rebounding patient volumes following the COVID-19 pandemic and the addition of the new surgical hospital; adequate, stable operating cash flows supporting repayment of

CHICAGO--(BUSINESS WIRE)--The Kemper Foundation, the philanthropic partner of Kemper Corporation (NYSE: KMPR), announced that applications for the Read Conmigo bilingual educator grant are now open for the spring 2025 grant cycle. This program is dedicated to promoting bilingual literacy within Hispanic and Latino communities, enabling K-5 educators to enhance their classrooms with enriching resources, tools and professional development opportunities that inspire engaging learning experiences f

OLDWICK, N.J.--(BUSINESS WIRE)--In the October issue, Best’s Review reports on private passenger auto insurers. At press time, AM Best’s outlook for the U.S. personal auto segment remains at Negative. Factors cited include rising loss severity caused by growing costs to repair newer vehicles; higher used-car prices; supply chain and labor market challenges; and medical costs, which continue to increase. Some insurers—large companies like Berkshire Hathaway and Progressive, for instance—are seei

LONDON--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a+” (Excellent) to Helvetia Schweizerische Versicherungsgesellschaft AG (Helvetia Insurance) (Switzerland), the main operating subsidiary of Helvetia Holding AG (Helvetia). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect Helvetia’s consolidated balance sheet strength, which AM Best assesses as very strong, as well as its strong

NEW YORK--(BUSINESS WIRE)--Money20/20, the world's leading fintech show and the place where money does business, presents a heavyweight selection of payments-focused sessions on the agenda for the upcoming USA show in Las Vegas on Oct. 27-30, 2024. This year's event will feature an unprecedented gathering of payment innovators and fintech leaders, exploring the future of transactions under the theme "Human X Machine." Industry experts including Co-CEO of Adyen, Ingo Uytdehaage, Michael Shaulov,

NEW YORK--(BUSINESS WIRE)--Uniswap Labs, a pioneer in decentralized finance (DeFi) unveiled Unichain, a new Ethereum-based Layer 2 (L2) blockchain. Unichain is designed for faster and cheaper transactions and improved liquidity across chains. Unichain is powered by the Optimism Superchain, with a vision to create a network of interoperable blockchains. Although Ethereum has proven critical for its ability to support peer-to-peer transactions, it still faces barriers to more widespread adoption.

LOS ANGELES--(BUSINESS WIRE)--The following is a statement provided by the Los Angeles Business Council: “We applaud Los Angeles Mayor Karen Bass for launching the City’s new Procure LA initiative to provide local businesses with the support and resources they need to tap into opportunities that major sporting events like the 2026 FIFA World Cup and 2028 Olympic and Paralympic Games will bring to the L.A. region. “Global events can create meaningful opportunities for local small and diverse bus

OKLAHOMA CITY--(BUSINESS WIRE)-- #FedermanSherwood--Federman & Sherwood Files Lawsuit Against Lamont Hanley & Associates, Inc. for Data Breach