Lastest from Businesswire
Oregon Pacific Bank Launches Innovative Online Loan Application for Small Business
FLORENCE, Ore.--(BUSINESS WIRE)--Oregon Pacific Bank is proud to announce the launch of Oregon Pacific Loan Solutions, an innovative online application system designed to streamline the small business borrowing process. As one of the few community banks in the region offering a digital application portal for commercial lending, Oregon Pacific Bank is setting a new standard in local business financing by blending the convenience of technology with the same trusted, personalized service community
Virtus Convertible & Income Fund Announces Quarterly Distribution: 5.625% Series A Cumulative Preferred Shares
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Convertible & Income Fund (NYSE: NCV) announced today that it has declared a $0.3515625 per share cash distribution payable on September 30, 2024 to Series A cumulative preferred shareholders of record on September 13, 2024. The Series A Cumulative Preferred Shares, which trade on the New York Stock Exchange under the symbol NCV PR A, are rated “A” by Fitch Ratings and have an annual dividend rate of $1.40625 per share. The 4,000,000 Series A Cumulat
XAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution of $0.085 per Share
CHICAGO--(BUSINESS WIRE)--XAI Octagon Floating Rate & Alternative Income Trust (the “Trust”) has declared its regular monthly distribution of $0.085 per share on the Trust’s common shares (NYSE: XFLT), payable on October 1, 2024, to common shareholders of record as of September 17, 2024, as noted below. The amount of the distribution represents no change from the previous month's distribution amount of $0.085 per share. The following dates apply to the declaration: Ex-Dividend Date Septem
AIG to Redeem Series A-3 Junior Subordinated Debentures
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that it will redeem all of its outstanding Series A-3 Junior Subordinated Debentures (Common Code 026874BG1 / ISIN XS0291642154) (the “Debentures”) on September 16, 2024 (the “Redemption Date”). On the Redemption Date, AIG will pay to the registered holders of the Debentures a redemption price equal to 100% of the principal amount of the Debentures, plus accrued and unpaid interest to, but not including, t
MFS Announces Closed-End Fund Distributions
BOSTON--(BUSINESS WIRE)--MFS announces closed end fund distributions for nine funds for September 2024
Banc of California Expands Specialty Lending Team
LOS ANGELES--(BUSINESS WIRE)-- #Lending--Banc of California, a wholly owned subsidiary of Banc of California, Inc. (NYSE: BANC), announced today that Chris Hague has joined the company as Executive Vice President and Head of Specialty Finance. In this role, Hague oversees the bank’s teams in Lender Finance, Asset-Based Lending (ABL), and Corporate Asset Finance and Commercial Aviation (CAF). Hague is also a member of the bank’s Senior Management Committee. Hague is based in Chicago and reports to Hamid Hu
Horace Mann declares quarterly dividend
SPRINGFIELD, Ill.--(BUSINESS WIRE)--Horace Mann Educators Corporation (NYSE:HMN) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.34 per share payable on September 30, 2024, to shareholders of record as of September 16, 2024. About Horace Mann Horace Mann Educators Corporation is the largest multiline financial services company focused on helping America’s educators and others who serve the community achieve lifelong financial success. The company off
Independence Realty Trust Announces Public Offering of 10,000,000 Shares of Common Stock
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (“IRT”) (NYSE: IRT), a multifamily apartment REIT, today announced that it is commencing an underwritten public offering of 10,000,000 shares of common stock, par value $0.01 per share, in connection with the forward sale agreements described below. IRT expects to grant the underwriters a 30-day option to purchase up to 1,500,000 additional shares of common stock. Citigroup, KeyBanc Capital Markets and RBC Capital Markets, LLC are a
Yelp to Participate in the Goldman Sachs Communacopia & Technology Conference
SAN FRANCISCO--(BUSINESS WIRE)--Yelp Inc. (NYSE: YELP), the company that connects people with great local businesses, today announced that management will present at the Goldman Sachs Communacopia & Technology Conference on September 10, 2024 at 6:05 p.m. Eastern Time. The live and archived webcasts of the presentation will be available on the company’s investor relations website at www.yelp-ir.com. The archived webcast will remain available for 180 days after the conclusion of the live pre
E*TRADE from Morgan Stanley Releases Monthly Sector Rotation Study
NEW YORK--(BUSINESS WIRE)--E*TRADE from Morgan Stanley today released the data from its monthly sector rotation study, based on the E*TRADE customer notional net percentage buy/sell behavior for stocks that comprise the S&P 500 sectors. About E*TRADE from Morgan Stanley and Important Notices E*TRADE from Morgan Stanley provides financial services to retail customers. Securities products and services offered by E*TRADE Securities LLC, Member SIPC. Investment advisory services offered by E*TR
Asana Announces Second Quarter Fiscal 2025 Results
SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN) (LTSE: ASAN), a leading work management platform, today reported financial results for its second quarter fiscal 2025 ended July 31, 2024. “In Q2, Asana continued to execute on our enterprise transition and make significant strides in AI. We're seeing momentum in key areas, including 17% growth in customers spending over $100,000, success in key verticals, and a record number of multi-year deals,” said Dustin Moskovitz, co-founder and chi
TPG to Present at the Barclays Global Financial Services Conference
SAN FRANCISCO & FORT WORTH, Texas--(BUSINESS WIRE)--TPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm, announced today that Todd Sisitsky, President, is scheduled to present at the Barclays Global Financial Services Conference on Monday, September 9, 2024 at 12:00 p.m. ET. A live audio webcast of the discussion will be available on the Investor Relations section of TPG’s website at shareholders.tpg.com/events-presentations/events. For those unable to listen to the live
The Providence Group Named One of the Best Places to Work in Atlanta
ATLANTA--(BUSINESS WIRE)--The Providence Group, a subsidiary of Green Brick Partners, Inc. (NYSE: GRBK) and the premier developer and homebuilder of award-winning neighborhoods throughout Atlanta, has been ranked #2 in 2024’s Best Places to Work by The Atlanta Business Chronicle. “We are excited and proud to be recognized by The Atlanta Business Chronicle for our collaborative and supportive workplace environment,” said Warren Jolly, President of The Providence Group. “Our commitment to advanci
Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds
BOSTON--(BUSINESS WIRE)--The following Eaton Vance closed-end funds (the “Funds”) announced distributions today as detailed below. Declaration – 9/3/2024 Ex-Date – 9/13/2024 Record – 9/13/2024 Payable – 9/20/2024 Municipal Bond Funds: Fund Ticker Distribution Change From Prior Distribution Closing Market Price – 8/30/24 Distribution Rate at Market Price Eaton Vance California Municipal Income Trust CEV $0.0500 - $10.90 5.50% Eaton Vance Municipal Income Trust EVN $0.0513 - $10.78 5.
Franklin Resources, Inc. (BEN) Investigation: Bronstein, Gewirtz and Grossman, LLC Encourages Shareholders to Seek Compensation for Alleged Wrongdoings
NEW YORK--(BUSINESS WIRE)---- $BEN #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Franklin Resources, Inc. (“Franklin” or “the Company”) (NYSE: BEN). Investors who purchased Franklin securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/BEN. Investigation Details On August 21, 2024, Franklin subsidiary Western Asset Management Company issued a press releas
SBUX SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Starbucks Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!
NEW YORK--(BUSINESS WIRE)---- $SBUX #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Starbucks Corporation (“Starbucks” or “the Company”) (NASDAQ: SBUX) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Starbu
SAGE SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Sage Therapeutics, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!
NEW YORK--(BUSINESS WIRE)---- $SAGE #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Sage Therapeutics, Inc. (“Sage” or “the Company”) (NASDAQ: SAGE) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Sage secu
Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Outset Medical, Inc. (OM)
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming October 28, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Outset Medical, Inc. (“Outset Medical” or the “Company”) (NASDAQ: OM) securities between August 1, 2022 and August 7, 2024, inclusive (the “Class Period”). If you suffered a loss on your Outset Medical investments or would like to inquire about potenti
Royal Gold to Participate in the Renmark Financial Communications Virtual Non-Deal Roadshow Series on Wednesday, September 11, 2024
DENVER--(BUSINESS WIRE)--Royal Gold to Participate in the Renmark Financial Communications Virtual Non-Deal Roadshow Series on Wednesday, September 11, 2024
RNST Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Renasant Corporation Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Renasant Corporation (NYSE: RNST) and The First Bancshares, Inc. is fair to Renasant shareholders. Halper Sadeh encourages Renasant shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Renasant and its board viola