Lastest from Businesswire

CHICAGO--(BUSINESS WIRE)--The Board of Directors of DTF Tax-Free Income 2028 Term Fund Inc. (NYSE: DTF) (the “Fund”), a closed-end fund advised by Duff & Phelps Investment Management Co., today authorized the payment of dividends on the Fund’s common stock as follows: Cents Per Share Ex-Dividend Date Record Date Payable Date 3.25 October 15, 2024 October 15, 2024 October 31, 2024 3.25 November 15, 2024 November 15, 2024 November 29, 2024 3.25 December 16, 2024 December 16, 2024 December 31,

CHICAGO--(BUSINESS WIRE)--The Board of Directors of DNP Select Income Fund Inc. (NYSE: DNP), a closed-end fund advised by Duff & Phelps Investment Management Co., today authorized the payment of dividends on its common stock as follows: Cents Per Share Ex-Dividend Date Record Date Payable Date 6.5 October 31, 2024 October 31, 2024 November 12, 2024 6.5 November 29, 2024 November 29, 2024 December 10, 2024 6.5 December 31, 2024 December 31, 2024 January 10, 2025 The Fund adopted a Managed Di

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) of the operating subsidiaries of Essent Group Ltd., which are Essent Guaranty, Inc., Essent Guaranty of PA, Inc. (both domiciled in Radnor, PA) and Essent Reinsurance Ltd. (Hamilton, Bermuda) (collectively referred to as Essent). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Essent’s balance sheet strength,

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to seven classes of mortgage-backed notes from OBX 2024-NQM14 Trust, a $600.9 million non-prime RMBS transaction. The underlying collateral, comprising 1,064 residential mortgages, is characterized by a notable concentration of alternative income documentation (88.9%) loans. Most of the loans are classified as non-qualified mortgages (Non-QM) (54.4%) or exempt (44.3%) from the Ability-to-Repay/Qualified Mortgage (ATR/QM) rule due to be

OLDWICK, N.J.--(BUSINESS WIRE)--Video playback is now available for AM Best’s complimentary webinar, titled, “Inside Today’s Surplus Lines Market,” sponsored by the WSIA Education Foundation. Access it here. In this session, a panel of industry leaders in the surplus lines sector of the U.S. insurance market reviews the market and highlights of a new report. Panelists include: Brady Kelley, chief executive officer and president, WSIA Brenda (Ballard) Austenfeld, chief executive officer and pres

NEW YORK--(BUSINESS WIRE)--The Board of Directors (the “Board”) of The Korea Fund, Inc. (the “Fund”) (NYSE: KF) today announced the final results of its tender offer. As previously announced, the Fund conducted a tender offer to purchase for cash up to 12.5% of its issued and outstanding common stock, at a price equal to 98.5% of its net asset value (“NAV”) per share determined on the expiration date. The Fund’s tender offer, which expired at 5:00 p.m. New York City time, on Monday, September 1

BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (Nasdaq: SBGI), the "Company," today announced that it is increasing its advertising guidance for the third quarter 2024 to account for stronger-than-expected political revenues. The Company’s updated expectation for third quarter political advertising revenue is approximately $140 million to $145 million, up from the previously announced forecast range of $113 million to $128 million. Expectations for Local Media segment third quarter core advertising

NEW YORK--(BUSINESS WIRE)--Macy’s, Inc. Gears Up to Hire for More Than 31,500 Seasonal Positions to Deliver Joyful Holiday Shopping Experiences

WHEATON, Ill.--(BUSINESS WIRE)--September 19, 2024 — First Trust Mortgage Income Fund (the "Fund") (NYSE: FMY) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.075 per share payable on October 15, 2024, to shareholders of record as of October 1, 2024. The ex-dividend date is expected to be October 1, 2024. The monthly distribution information for the Fund appears below. First Trust Mortgage Income Fund (FMY): Distribution per share: $0.075 Distri

WHEATON, Ill.--(BUSINESS WIRE)--First Trust High Yield Opportunities 2027 Term Fund (the "Fund") (NYSE: FTHY) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.13 per share payable on October 25, 2024, to shareholders of record as of October 1, 2024. The ex-dividend date is expected to be October 1, 2024. The monthly distribution information for the Fund appears below. First Trust High Yield Opportunities 2027 Term Fund (FTHY): Distribution per sh

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.097 per share payable on October 15, 2024, to shareholders of record as of October 1, 2024. The ex-dividend date is expected to be October 1, 2024. The monthly distribution information for the Fund appears below. First Trust Senior Floating Rate Income Fund II (FCT): Distribution per share: $0.0

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of the Monthly distribution for FT Vest U.S. Equity Buffer & Premium Income ETF - September, a series of First Trust Exchange-Traded Fund VIII. The following dates apply to today's distribution declaration:   Expected Ex-Dividend Date: September 20, 2024 Record Date: September 20, 2024 Payable Date: September 23, 2024 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount ACTIVELY MANAG

ROCKLAND, Mass.--(BUSINESS WIRE)--The Board of Directors of Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced a $0.57 per share dividend. The dividend will be payable on October 4, 2024, to stockholders of record as of the close of business on September 30, 2024. Independent Bank Corp. (NASDAQ Global Select Market: INDB) is the holding company for Rockland Trust Company, a full-service commercial bank headquartered in Massachusetts. Wi

CHICAGO--(BUSINESS WIRE)--The Board of Directors of Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE: DPG), a closed-end fund advised by Duff & Phelps Investment Management Co. (the “Adviser”), today has authorized the payment of dividends on its common stock as follows: Per Share Amount Ex-Date Record Date Payable Date $0.07 October 31, 2024 October 31, 2024 November 12, 2024 $0.07 November 29, 2024 November 29, 2024 December 10, 2024 $0.07 December 31, 2024 December 31, 2024 J

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Intermediate Duration Preferred & Income Fund (the "Fund") (NYSE: FPF) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.1375 per share payable on October 15, 2024, to shareholders of record as of October 1, 2024. The ex-dividend date is expected to be October 1, 2024. The monthly distribution information for the Fund appears below. First Trust Intermediate Duration Preferred & Income Fund (FPF):

NEW YORK--(BUSINESS WIRE)--The annual cost trend for medical plans is projected to increase to 8 percent, according to new data from the 2025 Segal Health Plan Cost Trend Survey, released by leading benefits and HR consulting firm Segal. Survey respondents anticipate that medical plan costs will rise higher than any of the previous 15 years of reported actuals, aside from the COVID rebound year of 2021. Price inflation is the dominant factor on medical costs, as providers, suppliers and manufac

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Joint Stock Company Kaspi.kz (“Kaspi” or the “Company”) (NASDAQ: KSPI) 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 September 19, 2024, Culper Research published a report alleging, among other things, that Kaspi "systematically misled U.S. investors and regulators in its repeate

OKLAHOMA CITY--(BUSINESS WIRE)--Paycom Software, Inc. (NYSE: PAYC) (“Paycom”), a leading provider of comprehensive, cloud-based human capital management software, was recognized for its workplace culture from employee review and salary platform Comparably. Paycom ranked at No. 5 among large companies with the happiest employees in the U.S. and Canada and No. 5 for Best Company Perks & Benefits. Comparably also listed Paycom under Best Work-Life Balance. “It’s an honor to receive these recog

NEW YORK--(BUSINESS WIRE)---- $ADBE #classaction--Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Adobe Inc. (“Adobe” or “the Company”) (NASDAQ: ADBE). Investors who purchased Adobe securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/ADBE. Investigation Details On September 12, 2024, Adobe issued a press release reporting financial results for the third quarter of its

PALO ALTO, Calif.--(BUSINESS WIRE)-- #GenAI--NVentures, NVIDIA's venture capital arm, has made an investment in Hippocratic AI, following their technical collaboration on LLMs for healthcare.