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OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has removed from under review with negative implications and downgraded the Financial Strength Rating (FSR) to B (Fair) from B+ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bb+” (Fair) from “bbb-” (Good) of SILAC Insurance Company (SILAC) (Salt Lake City, UT). The outlook assigned to the FSR is stable while the outlook assigned to the Long-Term ICR is negative. The Credit Ratings (ratings) reflect SILAC’s balance sheet strength, which

NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, today announced that its Board of Trustees has renewed its share repurchase authorization for the Fund to repurchase up to 10% of its total common shares for the fiscal year ending October 31, 2025. The share repurchase program is intended to increase the Fund’s net asset value (“NAV”) to the benefit of

NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until September 23, 2024 to file lead plaintiff applications in a securities class action lawsuit against Vicor Corporation (the “Company”) (NasdaqGS: VICR), if they purchased or otherwise acquired the Company’s shares between April 26, 2023 and February 22, 2024, inclusive (the “Class Period”). This action is pending i

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 Equinix, Inc. (NasdaqGS: EQIX). On March 20, 2024, Hindenburg Research released a report entitled “Equinix Exposed: Major Accounting Manipulation, Core Business Decay And Selling an AI Pipe Dream As Insiders Cashed Out Hundreds of Millions” that detailed a multitude of allegations a

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 Akero Therapeutics, Inc. (NasdaqGS: AKRO). On October 10, 2023, the Company, a clinical stage biopharmaceutical company that was founded to develop transformational medicines for patients with serious metabolic diseases that lack effective treatment options, disclosed the results of

SHERMAN, Texas--(BUSINESS WIRE)--A federal court jury has delivered a $21.35 million verdict on behalf of a former East Texas police captain who was wrongfully fired after alleging unlawful collusion among elected officials in Wood County. Terry Bevill was fired, then arrested, for signing an affidavit in 2017 saying he didn’t think a friend could get a fair trial in the East Texas county because of an improperly close relationship among the county sheriff, the district attorney, and the state

NEW YORK--(BUSINESS WIRE)--Barclays today announces the appointments of Greg Petit as Head of Infrastructure, Power and Utilities for Canada, and Ken Davis as Head of Western Canadian Coverage. Mr. Petit will be based in Toronto, will report to Ryan Voegeli, Head of Investment Banking for Canada, and will collaborate closely with Sean Diskin, Head of Power & Utilities for the Americas. Mr. Davis will be based in Calgary, will report to Ryan Voegeli, and will collaborate closely with Mike Co

NEW YORK--(BUSINESS WIRE)--MultiPlan Corporation's Reverse Stock Split Becomes Effective

VANCOUVER, Wash.--(BUSINESS WIRE)--ZoomInfo announced that its AI-driven ZoomInfo Copilot solution is helping sellers capture nearly 25% more pipeline.

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Joint Stock Company Kaspi.kz (“Kaspi” or the “Company”) (NASDAQ: KSPI) investors concerning the Company’s possible violations of the federal securities laws. If you suffered a loss on your Kaspi investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securit

OKLAHOMA CITY--(BUSINESS WIRE)-- #FedermanSherwood--Federman & Sherwood Investigates LA Financial Federal Credit Union (“LA Financial”) for Data Breach

NEW YORK--(BUSINESS WIRE)--DWS Municipal Income Trust (NYSE: KTF) and DWS Strategic Municipal Income Trust (NYSE: KSM) (each, a “Fund” and collectively, the “Funds”) announced today the results of the 2024 Joint Annual Meeting of Shareholders of the Funds held on September 20, 2024. For each of KTF and KSM, a quorum was present and the Class I Trustee nominees (for each Fund, Ms. Mary Schmid Daugherty and, for KTF only, Ms. Jennifer Conrad) and the preferred share Trustee nominees (for each Fun

NEW DELHI & DALLAS--(BUSINESS WIRE)--Oravel Stays, the parent company of the global travel technology company OYO, today announced that it has agreed to acquire G6 Hospitality, the leading economy lodging franchisor and parent company of the iconic Motel 6 and Studio 6 brands, from Blackstone Real Estate for $525 million, in an all-cash transaction. OYO has steadily expanded its footprint in the United States since its launch in the region in 2019 and currently operates over 320 hotels across 3

BERWICK, Pa.--(BUSINESS WIRE)--First Keystone Corporation (the “Corporation”) (OTC PINK: FKYS), parent company of First Keystone Community Bank, declared a $0.28 per share quarterly cash dividend to shareholders of record as of October 4, 2024, payable October 11, 2024. Cash dividends amounted to $0.84 per share year-to-date as of September 30, 2024, the same as year-to-date cash dividends paid as of September 30, 2023. During the second quarter 2024, the Corporation again achieved some record

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Third Quarter 2024 Common and Preferred Stock Dividends and Business Update

BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE: IDA) announced today that its Board of Directors approved an increase in the regular quarterly cash dividend on IDACORP’s common stock to $0.86 per share. At the new rate, the indicated dividend is $3.44 per share on an annual basis. “IDACORP’s Board of Directors has approved a dividend increase every year since 2011, resulting in a cumulative dividend increase of 187% and compound annual dividend growth rate of 7.8% since 2011,” said Lisa Gro

NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) announced today that its Board of Directors (the “Board”) has declared third quarter 2024 common and preferred stock dividends. Common Stock Dividend The Board declared a dividend of $0.25 per share of common stock for the third quarter 2024. The third quarter common stock dividend is payable on November 1, 2024, to shareholders of record on October 1, 2024. Preferred Stock Dividends In accordance with

NEW YORK--(BUSINESS WIRE)--Each of the Morgan Stanley closed-end funds listed below (the “Funds”) today declared the following dividends. RECORD DATE PAYABLE DATE 9/30/24 10/15/24     Name of Closed-End Fund NYSE Ticker Net Investment Income Per Share Morgan Stanley Emerging Markets Debt Fund, Inc. MSD $0.22 Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. EDD $0.135 The amount of net investment income to be paid by the Funds is determined in accordance with federal income tax regulatio

KISSIMMEE, Fla.--(BUSINESS WIRE)--CREO Group, Inc. (“CREO Group”), a portfolio company of Mill Point Capital LLC (“Mill Point”) and a leading sustainable horticulture packaging solutions provider, proudly announces the acquisition of United Solutions, Inc. (“United Solutions”), a Massachusetts-based leading designer, developer, and manufacturer of innovative household products for indoor and outdoor living. This acquisition aligns with CREO Group’s commitment to sustainability and innovation, e

HOUSTON--(BUSINESS WIRE)--Mesa Royalty Trust (the “Trust”) (NYSE: MTR) announced today the Trust income distribution for the month of September 2024. Unitholders of record on September 30, 2024 will receive distributions amounting to $0.003733319 per unit, payable on October 31, 2024. The Trust received $10,846, all of which came from the New Mexico portion of the Trust’s San Juan Basin properties operated by Hilcorp San Juan LP, an affiliate of Hilcorp Energy Company. No income was received in