Lastest from Businesswire
Pinnacle Bank Announces Senior Leadership Changes
GILROY, Calif.--(BUSINESS WIRE)--Pinnacle Bank (OTCQB: PBNK) – The Board of Directors of Pinnacle Bank, today announced the planned strategic evolution of its executive leadership team, promoting Cliff Dennett from Chief Credit Officer to President and Chief Executive Officer, and appointing him to the Board of Directors, effective February 1, 2027. He succeeds Jeffrey D. Payne who will transition to Chairman of the Board and Susan Black will become Vice Chairman of the Board. “Jeff’s contribut
Pacira BioSciences Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Pacira BioSciences, Inc. - PCRX
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Pacira BioSciences, Inc. (NasdaqGS: PCRX) to Viatris Inc. (NasdaqGS: VTRS). Under the terms of the proposed transaction, shareholders of Pacira will receive $36.50 in cash for each share of Pacira that they own. KSF is seeking to determine whether this consideration and the process that led to it are
Allegion to Attend 2026 Baird Global Industrial Conference
DUBLIN--(BUSINESS WIRE)--Allegion plc (NYSE: ALLE) President and CEO John H. Stone as well as Senior Vice President and Chief Financial Officer Mike Wagnes will discuss the company’s long-term strategy at the 2026 Baird Global Industrial Conference on Thursday, Nov. 12. The conference will be held in Chicago. A live listen-only webcast will be accessible via Allegion’s investor website at investor.allegion.com or directly by clicking here. About Allegion At Allegion (NYSE: ALLE), we design and
Brighthouse Financial Announces Third Quarter 2026 Results
CHARLOTTE, N.C.--(BUSINESS WIRE)--Brighthouse Financial, Inc. ("Brighthouse Financial" or the "company") (Nasdaq: BHF) announced today its financial results for the third quarter ended September 30, 2026. Third Quarter 2026 Results The company reported net income available to shareholders of $302 million in the third quarter of 2026, or $5.21 per diluted share, compared with net income available to shareholders of $453 million in the third quarter of 2025, or $7.89 per diluted share. The compan
Lost Money on Dave, Inc. Stock? Glancy Prongay Wolke & Rotter LLP Investigates Possible Securities Fraud After 21.25% Share Price Drop
LOS ANGELES--(BUSINESS WIRE)--Investors who lost money on Dave, Inc. ("Dave" or the "Company") stock may have claims to recover their losses. Glancy Prongay Wolke & Rotter LLP ("Glancy") today announced a securities fraud investigation on behalf of Dave, Inc. (NASDAQ: DAVE) investors into whether the Company may have violated the federal securities laws. The investigation follows the November 4, 2026 disclosure regarding Dave, Inc. Investors who lost money on Dave, Inc. securities can submi
AM Best Places Credit Ratings of CVS Health Corporation’s Aetna Inc. Subsidiaries Under Review with Developing Implications
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has placed under review with developing implications the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of Aetna Life Insurance Company (Hartford, CT) and the other members of Aetna Health & Life Group, which are operating entities of Aetna Inc. (Aetna) and wholly owned subsidiaries of its ultimate parent, CVS Health Corporation (CVS Health) [NYSE: CVS]. (Please see below for
CesiumAstro Secures $730 Million in Janus Henderson-Led Series D at a Valuation Above $4.5 Billion; Unveils Synchronicity Satellite Constellation Following Fully Successful Element-1 Mission
AUSTIN, Texas--(BUSINESS WIRE)--CesiumAstro Inc., a global leader in space and defense communications systems and satellites, today announced the closing of $730 million in Series D financing, valuing the company at more than $4.5 billion. The financing brings CesiumAstro’s total capital announced in 2026 to more than $1.2 billion and supports its expansion into developing and operating its own satellite infrastructure. The company also announced Synchronicity, a planned 737-satellite, AI-enabl
UBS Declares Coupon Payments on 8 ETRACS Exchange Traded Notes
NEW YORK--(BUSINESS WIRE)--UBS Investment Bank today announced coupon payments for 5 ETRACS Exchange Traded Notes traded on the NYSE Arca and expected coupon payments for 3 ETRACS Exchange Traded Notes traded on NASDAQ (together, the “ETNs”). NYSE Ticker ETN Name and Prospectus Supplementa Coupon Valuation Date Ex-Date Record Date Payment Date Coupon Amount Payment Schedule Current Yield (annualized) b HDLB ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B 10/30/2026 1
Concentra Announces Results For Its Third Quarter Ended September 30, 2026 and Raises FY 2026 Guidance
DALLAS--(BUSINESS WIRE)--Concentra Group Holdings Parent, Inc. (“Concentra”, the “Company”, “we”, “us”, or “our”) (NYSE: CON), the nation’s largest provider of occupational health services by number of locations, today announced results for the third quarter ended September 30, 2026, declaration of a cash dividend, and raised its full-year 2026 guidance. The quarter included revenue growth of 8.6% year over year, net income attributable to the Company growth of 36.5% year over year, Adjusted EB
TCW Strategic Income Fund Announces Monthly Distribution
LOS ANGELES--(BUSINESS WIRE)--The TCW Group, a leading global investment firm, announced today that the TCW Strategic Income Fund, Inc. (NYSE: TSI) has declared a monthly distribution of $0.0283 per share payable on November 30, 2026, to shareholders of record on November 16, 2026. Distributions are based on the Fund’s accumulated net investment income and/or other sources for the applicable month. The Directors continue to monitor conditions and circumstances relating to the distribution of di
Southside Bancshares, Inc. Declares Cash Dividend
TYLER, Texas--(BUSINESS WIRE)--The Board of Directors of Southside Bancshares, Inc., (NYSE:SBSI), parent company of Southside Bank declared a regular quarterly cash dividend of $0.37 per common share. The cash dividend of $0.37 is scheduled for payment on December 9, 2026, to common stock shareholders of record on November 25, 2026.About Southside Bancshares, Inc.Southside Bancshares, Inc. is a bank holding company headquartered in Tyler, Texas, with approximately $8.87 billion in assets as of S
Better Home & Finance Holding Company Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
NEW YORK--(BUSINESS WIRE)---- $BETR #BETR--On November 2, 2026, Better Home & Finance Holding Company (NASDAQ: BETR; BETRW) (“Better” or the “Company”) announced recent equity-based incentive awards made under the Company’s 2026 Inducement Incentive Plan (the “Inducement Plan”). The award included a grant made by the Company’s Board of Directors on November 2, 2026, to 1 newly hired employee and consisted of 10,000 time-based restricted stock units (“RSUs”), 25% of which vest on the first anniversary of th
Kayne Anderson BDC, Inc. Announces September 30, 2026 Financial Results and Declares Fourth Quarter 2026 Dividend of $0.40 Per Share
CHICAGO--(BUSINESS WIRE)--Kayne Anderson BDC, Inc. (NYSE: KBDC) (“KBDC” or the “Company”), a business development company externally managed by its investment adviser, KA Credit Advisors, LLC, today announced its financial results for the third quarter ended September 30, 2026. Financial Highlights for the Quarter Ended September 30, 2026 Net investment income of $30.2 million, or $0.46 per share; Net asset value of $15.71 per share, decreased from $16.00 per share as of June 30, 2026, primaril
Horizon Technology Finance Announces Monthly Distributions for January, February and March 2027 Totaling $0.18 per Share
FARMINGTON, Conn.--(BUSINESS WIRE)--Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon”) (the “Company”), an affiliate of Monroe Capital, announced today that its board of directors has declared monthly cash distributions of $0.06 per share, payable in each of January, February and March 2027. The following table shows these distributions, payable as set forth in the table below, total $0.18 per share. Since its 2010 initial public offering, Horizon has paid a total of $401 million
Morgan Stanley Direct Lending Fund Announces September 30, 2026 Financial Results and Declares Fourth Quarter 2026 Regular Dividend of $0.45 per Share, a Supplemental Dividend of $0.015 per Share and a Reduction of Base Management and Incentive Fees
NEW YORK--(BUSINESS WIRE)--Morgan Stanley Direct Lending Fund (NYSE: MSDL) (“MSDL” or the “Company”), a business development company externally managed by MS Capital Partners Adviser Inc. (the “Adviser”), today announced its financial results for the third quarter ended September 30, 2026. QUARTERLY HIGHLIGHTS Net investment income of $40.3 million, or $0.48 per share, as compared to $38.2 million, or $0.45 per share, for the quarter ended June 30, 2026; Net asset value of $18.76 per share, as
Ellington Credit Declares Monthly Common Distribution
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) ("we" or the "Fund") today announced that its Board of Trustees has declared a monthly common distribution of $0.08 per share, payable on December 31, 2026 to common shareholders of record as of November 30, 2026. Cautionary Statement Regarding Forward-Looking Statements This release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1
Reinsurance Group of America Announces Third Quarter Results
ST. LOUIS--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global provider of life and health reinsurance, reported third quarter net income available to RGA shareholders of $456 million, or $6.92 per diluted share, compared with $253 million, or $3.81 per diluted share, in the prior-year quarter. Adjusted operating income for the third quarter totaled $558 million, or $8.49 per diluted share, compared with $310 million, or $4.66 per diluted share, in the prio
DraftKings Reports Third Quarter Revenue Growth of 16%
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced its third quarter 2026 financial results. The Company also posted a third quarter 2026 business update and a slide presentation on the Financials section of its website at ir.aboutdraftkings.com. Third Quarter 2026 Highlights For the three months ended September 30, 2026, DraftKings reported total revenue of $1,329 million, an increase of $185 million, or 16%, compared to $1,144 million durin
Moelis & Company Reports Third Quarter and First Nine Months 2026 Financial Results; Declares Regular Quarterly Dividend of $0.65 Per Share
NEW YORK--(BUSINESS WIRE)--Moelis & Company reports Third Quarter and First Nine Months 2026 financial results; declares regular quarterly dividend of $0.65 per share
Ellington Financial Declares Monthly Common Dividend
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) ("we") today announced that its Board of Directors has declared a monthly dividend of $0.13 per share of common stock, payable on December 31, 2026 to common stockholders of record as of November 30, 2026. Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995

