Lastest from Businesswire

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 August 19, 2024 to file lead plaintiff applications in a securities class action lawsuit against NIKE, Inc. (NYSE: NKE). This action is pending in the United States District Court for the District of Oregon. What You May Do If you are a current shareholder of NIKE and would like to discuss your legal rights and ho

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 Doximity, Inc. (NYSE: DOCS). On August 8, 2023, the Company disclosed disappointing guidance for the 2Q 2024 and slashed its guidance for the full fiscal year 2024 and also announced a reduction of its workforce by approximately 10%, which was expected to cost approximately $8 milli

NEW YORK--(BUSINESS WIRE)--The Korea Fund, Inc. (the “Fund”) (NYSE: KF) announced today that the tender offer (the “Tender Offer”) to purchase for cash up to 12.5% of the Fund’s issued and outstanding common stock, at a price per share equal to 98.5% of the net asset value per share, determined on the date the tender offer expires, will commence on Friday, August 16, 2024 and expire, unless otherwise extended, at 5:00 p.m., New York City Time, on Monday, September 16, 2024. The Fund’s Board of

NEW YORK--(BUSINESS WIRE)--BlackRock announced today the planned termination of the iShares® iBonds® Oct 2024 Term TIPS ETF (IBIA), which possesses the following timelines for trading, net-asset value (NAV) calculation and expected liquidation: Ticker Fund name Exchange Last day of trading Final NAV calculation date Liquidation date IBIA iShares® iBonds® Oct 2024 Term TIPS ETF NYSE Arca 10/15/2024 10/15/2024 10/18/2024 iBonds ETFs are designed to cease trading and mature during a specific matur

HOUSTON--(BUSINESS WIRE)--Permianville Royalty Trust (NYSE: PVL, the “Trust”) today announced a cash distribution to the holders of its units of beneficial interest of $0.035000 per unit, payable on September 16, 2024 to unitholders of record on August 30, 2024. The net profits interest calculation represents reported oil production for the month of May 2024 and reported natural gas production during April 2024. The calculation includes accrued costs incurred in June 2024. The following table d

MINNEAPOLIS--(BUSINESS WIRE)--Deluxe (NYSE: DLX), a Trusted Payments and Data Company, has announced inducement grants in connection with the recent hiring of John F. Rubinetti, III as its Senior Vice President, President of B2B Payments. In connection with Mr. Rubinetti’s hire, Deluxe agreed to grant to Mr. Rubinetti restricted stock units in the aggregate amount of $820,000 as an inducement for him to join the company. The grant of 41,144 restricted stock units was made on August 15, 2024. Ab

NEW YORK--(BUSINESS WIRE)--Syncora Guarantee Inc. (“Syncora Guarantee”) today announced that certain financial information of Syncora Guarantee has been made available on Syncora Guarantee's website (www.syncoraguarantee.com). The information posted is Syncora Guarantee’s Statutory Basis Financial Statements as of June 30, 2024. About Syncora Guarantee Inc. Syncora Guarantee Inc. is a New York‐domiciled insurance company that is a wholly owned subsidiary of Syncora FinanceCo LLC. For additional

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term rating of AA+ to the City of New York, NY General Obligation Bonds, Fiscal 2025 Series C, consisting of Tax-Exempt Bonds, Subseries C-1 and Taxable Bonds, Subseries C-2. The Outlook is Stable. Concurrently, KBRA affirms the AA+ rating and Stable Outlook on the City's outstanding General Obligation Bonds. Key Credit Considerations The rating was assigned because of the following key credit considerations: Credit Positives New York City’s status

NEW YORK--(BUSINESS WIRE)--FuboTV Inc. (d/b/a Fubo) (NYSE: FUBO), the leading sports-first live TV streaming platform, has been successful in stopping the launch of The Walt Disney Company, FOX Corp. and Warner Bros. Discovery’s Venu Sports joint venture (JV) after its request for a preliminary injunction was approved by the U.S. District Court, Southern District of New York today. Today’s ruling is significant as Fubo fought against three of the world’s biggest media conglomerates to create a

MINNEAPOLIS--(BUSINESS WIRE)---- $PIPR--Piper Sandler Companies (NYSE: PIPR), a leading investment bank, today announced that its board of directors has approved the grant of equity awards under the Piper Sandler Companies 2024 employment inducement award plan (the “Inducement Plan”) in connection with the firm’s pending acquisition of Aviditi Capital Advisors, LLC (“Aviditi Advisors”). Under the terms of the acquisition, Piper Sandler will grant up to $12.4 million payable in restricted shares of Piper

NEW YORK--(BUSINESS WIRE)---- $BBU #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Brookfield Business Partners L.P. (“Brookfield” or “the Company”) (NYSE: BBU). Investors who purchased Brookfield securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/BBU. Investigation Details In April 2022, Brookfield purchased CDK Global (“CDK”), a provider of software to

NEW YORK--(BUSINESS WIRE)---- $COIN #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Coinbase Global, Inc. (“Coinbase” or “the Company”) (NASDAQ: COIN). Investors who purchased Coinbase securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/COIN. Investigation Details Coinbase is the subject of a press release issued by the Financial Conduct Authority (“FCA”)

NEW YORK--(BUSINESS WIRE)---- $PRLB #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Proto Labs, Inc. (“Proto Labs” or “the Company”) (NYSE: PRLB). Investors who purchased Proto Labs securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/PRLB. Investigation Details On November 4, 2022, Proto Labs reported Q3 results at the low end of its guidance. The Company

NEW YORK--(BUSINESS WIRE)---- $BTSG #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of BrightSpring Health Services, Inc. (“BrightSpring” or “the Company”) (NASDAQ: BTSG). Investors who purchased BrightSpring securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/BTSG. Investigation Details On or around January 25, 2024, BrightSpring conducted its initial public

NEW YORK--(BUSINESS WIRE)---- $SKYE #classaction--Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Skye Bioscience, Inc. (“Skye” or “the Company”) (NASDAQ: SKYE). Investors who purchased Skye securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/SKYE. Investigation Details On June 10, 2024, Skye issued a press release, “announcing that its Phase 2a clinical trial of SBI-1

NEW YORK--(BUSINESS WIRE)---- $NVDA #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of NVIDIA Corporation (“NVIDIA” or “the Company”) (NASDAQ: NVDA). Investors who purchased NVIDIA securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/NVDA. Investigation Details On August 2, 2024, NVIDIA was the subject of a report by The Information. According to the report, t

FORT WORTH, Texas--(BUSINESS WIRE)--BNSF Railway, one of the largest freight railroad networks in North America, was honored this month by the Texas Veterans Commission for its dedication to hiring veterans. The Fort Worth based company was recognized at an awards ceremony on Aug. 9 in Humble, Texas. Each year, TVC staff nominates businesses and organizations that demonstrate effective veteran employment initiatives and have embraced veterans into its workforce. BNSF, which was named “Large Emp

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 Spire Global, Inc. (“Spire” or the “Company”) (NYSE: SPIR) investors concerning the Company’s possible violations of the federal securities laws. If you suffered a loss on your Spire investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, yo

RADNOR, Pa.--(BUSINESS WIRE)--The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Northern District of California against Extreme Networks, Inc. (“Extreme”) (NASDAQ: EXTR) on behalf of investors who purchased or otherwise acquired Extreme common stock between July 27, 2022 and January 30, 2024, inclusive (the “Class Period”) The lead plaintiff deadline is October

BETHESDA, Md.--(BUSINESS WIRE)--Walker & Dunlop, Inc. announced today that it arranged a $1.2 billion refinancing for One High Line, a premier luxury mixed-use property located along Manhattan’s iconic High Line and adjacent to the vibrant Meatpacking District. The Walker & Dunlop New York Capital Markets team, led by Aaron Appel, Keith Kurland, Jonathan Schwartz, Adam Schwartz, Jordan Casella, Michael Diaz, Jackson Irwin, and William Herring, acted as exclusive advisors to The Witkoff