Lastest from Businesswire
TelevisaUnivision Announces CEO Succession
MIAMI--(BUSINESS WIRE)--TelevisaUnivision, Inc. (“TelevisaUnivision” or the “Company”), the world’s leading Spanish-language media and content company, announced the appointment of Daniel Alegre as the Company’s Chief Executive Officer, effective September 19, 2024. As part of the Board of Directors’ long-term succession planning process, Mr. Alegre will succeed Wade Davis, who will transition to the role of Vice Chairman of the Board of Directors and continue as a member of the Board’s Executi
Hess Midstream LP Announces Pricing of Upsized Secondary Public Offering of Class A Shares
HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES PRICING OF UPSIZED SECONDARY PUBLIC OFFERING OF CLASS A SHARES
KBRA Assigns Preliminary Ratings to Benchmark 2024-V10
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA is pleased to announce the assignment of preliminary ratings to 13 classes of Benchmark 2024-V10, a $738.0 million CMBS conduit transaction collateralized by 32 commercial mortgage loans secured by 100 properties. The collateral properties are located throughout 18 MSAs, of which the three largest are New York (26.5%), Los Angeles (15.3%), and Honolulu (9.3%). The pool has exposure to all major property types, with four types representing more than 10.0% of the p
HSBC Bank USA, N.A. and Affiliates Reduces Prime and Reference Rate
NEW YORK--(BUSINESS WIRE)--HSBC Bank USA, N.A., and its affiliates announced today that they have reduced their prime and reference rate from 8.50% to 8.00%, effective tomorrow. About HSBC HSBC USA Inc. ("HUSI") is a Maryland corporation and its principal business is to act as a holding company for its subsidiaries including HSBC Bank USA, N.A. Through HSBC Bank USA, N.A. and its subsidiaries, HUSI offers a full range of traditional banking products and services to individuals, including high n
KBRA Assigns Preliminary Ratings to Morgan Stanley Residential Mortgage Loan Trust 2024-NQM3 (MSRM 2024-NQM3)
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 10 classes of mortgage-backed certificates from Morgan Stanley Residential Mortgage Loan Trust 2024-NQM3 (MSRM 2024-NQM3), a $399.6 million non-prime RMBS transaction. The underlying collateral, comprising of 863 residential mortgages, is characterized by a notable concentration of alternative income documentation (82.8%). The majority of the loans are either classified as non-qualified mortgages (Non-QM) (45.7%) or exempt (47.2%) f
KBRA Assigns Rating to Stone Point Credit Corporation's $200 Million Senior Unsecured Notes
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a rating of BBB to Stone Point Credit Corporation's (“SPCC” or “the company”) $200 million 6.70% senior unsecured notes due 2029. The rating Outlook is Stable. The proceeds will be used to repay secured debt and for general corporate purposes. Key Credit Considerations The rating and Outlook are supported by SPCC’s ties to Stone Point Capital LLC's ("SPCL") $50+ billion investment platform, of which $45+ billion is managed by the private equity group and
The Law Offices of Frank R. Cruz Announces Investigation of Coinbase Global, Inc. (COIN) on Behalf of Investors
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Coinbase Global, Inc. (“Coinbase” or the “Company”) (NASDAQ: COIN) 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 July 25, 2024, the United Kingdom’s financial regulator, the Financial Conduct Authority (“FCA”) announced that Coinbase’s U.K.-based subsidiary, CB Payments Ltd. (“CB
ADBE Investors Have Opportunity to Join Adobe Inc. Fraud Investigation with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)--ADBE Investors Have Opportunity to Join Adobe Inc. Fraud Investigation with the Schall Law Firm
KBRA Assigns AAA Rating, Stable Outlook to Los Angeles Unified School District General Obligation Bonds, Series QRR (2024) (Dedicated Unlimited Ad Valorem Property Tax Bonds) (Sustainability Bonds)
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA has assigned a long-term rating of AAA to the Los Angeles Unified School District (County of Los Angeles, CA) General Obligation Bonds, Series QRR (2024) (Dedicated Unlimited Ad Valorem Property Tax Bonds) (Sustainability Bonds). Concurrently, the AAA rating is affirmed on the District's outstanding General Obligation Bonds. The Outlook on all bonds is Stable. Key Credit Considerations The rating was assigned because of the following key credit considerations: Cr
KBRA Assigns AA Rating, Stable Outlook, to Jacksonville Transportation Authority Senior Lien Local Option Gas Tax Refunding Revenue Bonds, Series 2024 and Senior Lien Local Option Gas Tax Refunding Revenue Bonds, Series 2025
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA has assigned a long-term rating of AA, with a Stable Outlook, to Jacksonville Transportation Authority Senior Lien Local Option Gas Tax Refunding Revenue Bonds, Series 2024 and Senior Lien Local Option Gas Tax Refunding Revenue Bonds, Series 2025. Key Credit Considerations The rating was assigned because of the following key credit considerations: Credit Positives JTA’s share of Pledged Revenues has comfortably covered debt service, even throughout the pandemic.
KBRA Named Ratings Provider of the Year at Private Equity Wire U.S. Credit Awards 2024
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA, a global full-service credit rating agency, is pleased to announce it was named winner in the Ratings Provider of the Year category at the Private Equity Wire U.S. Credit Awards 2024 ceremony held on September 12 in New York. The awards recognize strong performance and service-provider excellence across credit funds in the U.S. and spans a range of categories. “KBRA is honored to receive the award for Ratings Provider of the Year,” said William Cox, Global Head
NFE Investors Have Opportunity to Lead New Fortress Energy Inc. Securities Fraud Lawsuit with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)--NFE Investors Have Opportunity to Lead New Fortress Energy Inc. Securities Fraud Lawsuit with the Schall Law Firm
The Marygold Companies Reports Financial Results For Fiscal Year and Fourth Quarter Ended June 30, 2024
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--The Marygold Companies, Inc. (“TMC” or the “Company”) (NYSE American: MGLD), a diversified global holding firm, today reported financial results for the fiscal year and fourth quarter ended June 30, 2024. Revenue for the 2024 fiscal year amounted to $32.8 million, compared with $34.9 million for the 2023 fiscal year. The Company sustained a net loss of $4.1 million, equal to a net loss of $0.10 per share, for fiscal 2024, compared with net income of $1.2 m
Webster Lowers Prime Lending Rate to 8.00 Percent
STAMFORD, Conn.--(BUSINESS WIRE)--Webster Lowers Prime Lending Rate to 8.00 Percent
Arctaris Impact Investors Provides Key Financing for Growing Baltimore Organization
BALTIMORE--(BUSINESS WIRE)--Arctaris Impact Investors, LLC, a national impact investment firm supporting revitalization projects in underserved communities, announces that on July 25, 2024, Arctaris Impact CDE closed a New Markets Tax Credit (NMTC) transaction with Fearless Talent, LLC (dba Fearless Guides), a division of Fearless, a minority-owned company located in a Baltimore census tract with a 26.4%1 poverty rate. The NMTC financing will be directed to working capital that will create 50 j
U.S. Bank Decreases Prime Lending Rate to 8.00 Percent
MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bank Decreases Prime Lending Rate to 8.00 Percent
Northern Trust Decreases Prime Rate
CHICAGO--(BUSINESS WIRE)--Northern Trust has decreased its prime rate from 8.50% to 8.00%, effective Thursday, September 19, 2024. About Northern Trust Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 24 U.S. states and Washington, D.C., and across 22 locations in Cana
Deutsche Bank Decreases Prime Lending Rate to 8.00%
NEW YORK--(BUSINESS WIRE)--Deutsche Bank today announced that its New York Branch, Deutsche Bank New York (DBNY), and its affiliate Deutsche Bank Trust Company Americas (DBTCA) have decreased their prime lending from 8.50% to 8.00% effective tomorrow, September 19, 2024. About Deutsche Bank Deutsche Bank provides commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, smal
Rosen Law Firm Encourages Gogoro Inc. Investors to Inquire About Securities Class Action Investigation – GGR
NEW YORK--(BUSINESS WIRE)--Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Gogoro Inc. (NASDAQ: GGR) resulting from allegations that Gogoro may have issued materially misleading business information to the investing public. So What: If you purchased Gogoro securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen
Wells Fargo Bank Decreases Prime Rate to 8.00 Percent
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo Bank, N.A., said today it is decreasing its prime rate to 8.00 percent from 8.50 percent, effective tomorrow, Sept. 19, 2024. About Wells Fargo Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consu