Lastest from Businesswire
KBRA Assigns AA Rating, Stable Outlook, to Harris County, Texas Hotel Occupancy Tax Senior Lien Revenue Bonds, Taxable Series 2024
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term rating of AA, with a Stable Outlook, to Harris County, Texas Hotel Occupancy Tax Senior Lien Revenue Bonds, Taxable Series 2024. Key Credit Considerations The rating was assigned because of the following key credit considerations: Credit Positives Healthy level of senior lien debt service coverage, and no additional debt plans are expected on this lien at this time. Clearly defined pledge of revenues, and adequate legal package that includes a
LULULEMON INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Lululemon Athletica Inc. - LULU
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 Lululemon Athletica Inc. (the “Company”) (NasdaqGS: LULU). On March 21, 2024, the Company announced its financial results for the fourth quarter and full year ended January 28, 2024, disclosing that its growth was stagnating in the Americas region. Then, on July 25, 2024, Bloomberg
HUMA CLASS ACTION NOTICE: Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit Against Humacyte, Inc.
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), announces that it has filed a class action lawsuit in the United States District Court for the Middle District of North Carolina, captioned Cutshall v. Humacyte, Inc., et al., Case No. 1:24-cv-00954, on behalf of persons and entities that purchased or otherwise acquired Humacyte, Inc. (“Humacyte” or the “Company”) (NASDAQ: HUMA) securities between May 10, 2024 and October 17, 2024, inclusive (the “Class Period”). Plaintiff p
DigitalBridge Appoints Yoshiaki Fujimori as Senior Executive Advisor to Drive Strategic Growth in Japan and the Asia-Pacific Region
BOCA RATON, Fla.--(BUSINESS WIRE)--DigitalBridge Group, Inc. (NYSE: DBRG), a leading global investment firm focused on digital infrastructure, today announced the appointment of Yoshiaki Fujimori as Senior Executive Advisor. Based in Tokyo, Mr. Fujimori will leverage his extensive business experience and industry insights to support DigitalBridge’s continued expansion in Japan, as well as the firm’s broader regional strategy across Asia. With over four decades of leadership experience, Mr. Fuji
Golub Capital BDC, Inc. Announces a Series of Debt Funding Structure Initiatives Aimed at Reducing Borrowing Costs and Providing Additional Investment Flexibility
NEW YORK--(BUSINESS WIRE)--Golub Capital BDC, Inc. (“GBDC” or the “Company”), a business development company (Nasdaq: GBDC), and Golub Capital, today announced a series of debt funding structure initiatives expected to reduce GBDC’s prospective borrowing costs and provide additional investment flexibility: On November 18, 2024, GBDC completed a $2.2 billion term debt securitization, also referred to as a collateralized loan obligation (CLO)(“2024 Debt Securitization”). The secured notes were is
Jackson’s Mike Hicks Wins Michigan ORBIE® CIO of the Year Award
LANSING, Mich.--(BUSINESS WIRE)--Jackson National Life Insurance Company (Jackson®), the main operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), today announced Mike Hicks has been named the winner of the 2024 Michigan ORBIE® CIO of the Year Award in the Large Enterprise category. Hicks, who joined Jackson as SVP, Chief Information Officer (CIO) in April 2023, was honored for excellence in technology leadership and enhancing the digital experience for financial professionals and consu
Braze to Report Third Quarter Fiscal 2025 Results
NEW YORK--(BUSINESS WIRE)--Braze (NASDAQ: BRZE), the leading customer engagement platform that empowers brands to Be Absolutely Engaging™, today announced it will release its financial results for the third quarter of fiscal year 2025, ended October 31, 2024, after U.S. financial markets close on Monday, December 9, 2024. Braze will host a webcast conference call to discuss its financial results at 4:30 pm ET (1:30 pm PT) on the same day. The webcast will be available under the events section o
NYSE to Commence Delisting Proceedings Against Spirit Airlines, Inc. (SAVE)
NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the common stock of Spirit Airlines, Inc. (the “Company”) — ticker symbol SAVE — from the NYSE. Trading in the Company’s common stock will be suspended immediately. NYSE Regulation reached its decision that the Company is no longer suitable for listing pursuant to NYSE Listed Company Manual Section 802.01D after the Co
AECOM reiterates its capital allocation policy, increases its share repurchase authorization to $1 billion and increases its quarterly dividend by 18%
DALLAS--(BUSINESS WIRE)--AECOM (NYSE: ACM), the trusted global infrastructure leader, today affirmed the priorities of its returns-based capital allocation policy. Accordingly, the Company announced that its Board of Directors has approved an increase to its share repurchase authorization to $1 billion and an increase to its quarterly dividend by 18% to $0.26 per share. “The increases to our share repurchase authorization and quarterly dividend payment reflect our confidence in delivering stron
Paymentus to Participate in FT Partners FinTech Conference
CHARLOTTE, N.C.--(BUSINESS WIRE)--Paymentus Holdings, Inc. (“Paymentus”) (NYSE: PAY), a leading provider of cloud-based bill payment technology solutions, today announced that Dushyant Sharma, Chief Executive Officer, and Sanjay Kalra, Chief Financial Officer, will participate in a fireside chat at the FT Partners FinTech Conference on Wednesday, November 20th at 1:20 pm ET. A live webcast and replay of the FT Partners fireside chat will be available on Paymentus’ investor relations website at
LCNB Corp. Announces 2024 Fourth-Quarter Dividend
LEBANON, Ohio--(BUSINESS WIRE)--LCNB Corp. (Nasdaq: LCNB) today announced that the Company’s Board of Directors declared a cash dividend of $0.22 per common share. The common stock cash dividend will have a record date of December 2, 2024, and is payable to shareholders on December 16, 2024. About LCNB Corp. LCNB Corp. is a financial holding company headquartered in Lebanon, Ohio. Through its subsidiary, LCNB National Bank (the “Bank”), it serves customers and communities in Southwest and South
Lazard Hires Jennifer Tedesko as Managing Director; Expands Private Capital Advisory Business on West Coast
NEW YORK & SAN FRANCISCO--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today announced that Jennifer (Jen) Tedesko joined the firm as a Managing Director within the Private Capital Advisory (PCA) business, based in San Francisco. Jen will focus on originating and advising on private equity secondary opportunities. In addition, the firm will add a Director focused on private equity distribution and recently transferred a PCA professional from the firm’s London office, who will focus on private equi
MicroStrategy Announces Proposed Private Offering of $1.75 Billion of Convertible Senior Notes
TYSONS CORNER, Va.--(BUSINESS WIRE)--MicroStrategy® Incorporated (Nasdaq: MSTR) (“MicroStrategy”) today announced that it intends to offer, subject to market conditions and other factors, $1.75 billion aggregate principal amount of its 0% convertible senior notes due 2029 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”) and to certain non-U.S. perso
Capitas Financial Midwest Joins LTC Global
FORT MYERS, Fla.--(BUSINESS WIRE)--LTC Global, Inc. announced today that it has acquired Capitas Financial of Illinois, LLC and Capitas Midwest, LLC (together, Capitas Financial Midwest). Capitas Financial Midwest is a Capitas Financial, Inc. member agency with offices in Lisle, Illinois and Milwaukee, Wisconsin. George R. Gore, Jr., a founding member of Capitas Financial, Inc. and the founder of Capitas Financial Midwest, will continue to manage the business, which operates across the Northern
Eagle Capital Growth Fund Declares Year-End Distribution of $0.68 Per Share in Cash
MILWAUKEE--(BUSINESS WIRE)--The Eagle Capital Growth Fund, Inc. (“Fund”) (NYSE American: GRF) today declared a year-end distribution of $0.68 per share in cash.
KBRA Assigns Preliminary Ratings to BANK5 2024-5YR12
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA is pleased to announce the assignment of preliminary ratings to 35 classes of BANK5 2024-5YR12, an $876.0 million CMBS conduit transaction collateralized by 27 commercial mortgage loans secured by 153 properties. The collateral properties are located throughout 29 MSAs, of which the three largest are New York (31.3%), Kansas City (7.4%), and Orange County (6.7%). The pool has exposure to all major property types, with six types representing more than 10.0% of the
Special Opportunities Fund, Inc. Annual Stockholders Meeting
NEW YORK--(BUSINESS WIRE)--Special Opportunities Fund, Inc. (the “Fund”) (NYSE: SPE), announced today that its Annual Meeting of Stockholders will be held on December 11, 2024 at 11:00 a.m., Eastern time, at the offices of Blank Rome LLP, 1271 Avenue of the Americas, 16th Floor, New York, NY. Stockholders planning to attend the Meeting must register in advance by contacting John Buckel, U.S. Bank Global Fund Services at john.buckel@usbank.com no later than December 4, 2024 and agree to comply w
Delphi Financial Names Jeffrey Lebovitz as Executive Vice President and Chief Financial Officer
WILMINGTON, Del.--(BUSINESS WIRE)--Delphi Financial Group names Jeffrey Lebovitz Executive VP, Chief Financial Officer
Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Hasbro, Inc. (HAS) on Behalf of Investors
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 Hasbro, Inc. (“Hasbro” or the “Company”) (NASDAQ: HAS) investors concerning the Company’s possible violations of the federal securities laws. If you suffered a loss on your Hasbro investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you c
AnchorWatch Becomes Lloyd's of London Coverholder, Set to Begin Operations in December 2024
NASHVILLE, Tenn.--(BUSINESS WIRE)--AnchorWatch, a pioneering insurance provider specializing in bitcoin custody, proudly announces its designation as a Lloyd’s of London Coverholder. This milestone solidifies AnchorWatch’s position as a leader in the emerging market of insured bitcoin custody solutions. The company will officially open for business in December 2024 with binding authority of up to $100M per customer, helping to secure the wealth of American retail and institutional investors. Ll