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Walmart, Amazon, Apple Dominate Black Friday/Cyber Monday Spending Among Paycheck to Paycheck Shoppers, New Data from Brigit Reveals

Fri, 12/06/2024 - 21:26
NEW YORK--(BUSINESS WIRE)--Brigit, the leading holistic financial wellness app, released its 2024 Black Friday and Cyber Monday spending report today, revealing a year-over-year increase in paycheck-to-paycheck consumers’ spending in the period from Black Friday to Cyber Monday compared to 2023. Prior to the weekend, US retail sales were expected to reach a record-breaking $75 billion over the Black Friday / Cyber Monday weekend, representing 5% retail sales growth from the same period in 2023.

KBRA Releases Research – Third-Quarter 2024 Business Development Company (BDC) Ratings Compendium

Fri, 12/06/2024 - 18:26
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases its Business Development Company Ratings Compendium, which looks at results for the quarter ended September 30, 2024. This quarter, KBRA reviewed the financial performance of our rated BDCs in a landscape characterized by ongoing competitive pressures, increasing payment-in-kind (PIK) optionality, declining but still high base interest rates, and the potential for distribution/common dividend cuts. We also evaluated asset quality, noting higher unrealize

DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of ASP Isotopes

Fri, 12/06/2024 - 18:26
NEW YORK--(BUSINESS WIRE)---- $ASPI #ASPI--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against ASP Isotopes Inc. (“ASP Isotopes” or the “Company”) (NASDAQ: ASPI) and reminds investors of the February 3, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The

ENGAGESMART 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against EngageSmart, Inc. - ESMT

Fri, 12/06/2024 - 18:26
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 December 9, 2024 to file lead plaintiff applications in a securities class action lawsuit against EngageSmart, Inc. (“EngageSmart” or the “Company”) (NYSE: ESMT), if they (1) purchased or otherwise acquired EngageSmart common stock between October 23, 2023 and January 26, 2024, or (2) held EngageSmart common stock

BILL Announces Closing of Offering of $1.4 Billion of 0% Convertible Senior Notes due 2030, Including Full Exercise of Initial Purchasers’ $150.0 Million Option to Purchase Additional Notes

Fri, 12/06/2024 - 18:26
SAN JOSE, Calif.--(BUSINESS WIRE)--BILL Holdings, Inc. (NYSE: BILL) (“BILL”) today announced that it has closed its offering of 0% Convertible Senior Notes due 2030 (the “Notes”) for gross proceeds of $1.4 billion. The proceeds include the full exercise of the $150.0 million option granted by BILL to the initial purchasers of the Notes. The Notes were offered and sold in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Secur

Illinois American Water Granted New Rates by Illinois Commerce Commission

Fri, 12/06/2024 - 18:26
BELLEVILLE, Ill.--(BUSINESS WIRE)--The Illinois Commerce Commission (ICC) issued an order Thursday approving new water and wastewater base rates for Illinois American Water, driven primarily by $557 million in capital investments in 2024 and 2025. The rate change request was filed on January 25, 2024. “By making prudent, ongoing necessary investments to maintain and upgrade our water and wastewater systems, Illinois American Water is committed to the safety and reliability of our water and wast

Automation Personnel Services Earns Best Staffing Agency Recognition In 3 Markets

Fri, 12/06/2024 - 18:26
BIRMINGHAM, Ala.--(BUSINESS WIRE)-- #AutomationPersonnelServices--Three Automation Personnel Services branches have earned Best Staffing Agency recognition in their respective markets in recent weeks. The Atlanta Branch, located in the suburb of Mableton, is the winner of 2 awards in 2024. The branch earned the Best Staffing Agency recognition in Atlanta’s Best 2024, sponsored by Atlanta Magazine, for the second consecutive year. Additionally, the Atlanta Branch earned Best Employment Agency recognition in the Best of Mablet

State Street Corporation (NYSE: STT) Announces Date for Release of Fourth-Quarter and Full-Year 2024 Financial Results and Conference Call Webcast

Fri, 12/06/2024 - 18:26
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) plans to announce its fourth-quarter and full-year 2024 financial results on Friday, January 17, 2025 at approximately 7:30 a.m. ET. A conference call to review the firm’s financial results will be held at 11:00 a.m. ET. The conference call will be accessible via audio webcast on State Street’s Investor Relations website, http://investors.statestreet.com, and by telephone at (+1) 800 717 1738 (Conference ID: 30802). Materials will be

Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

Fri, 12/06/2024 - 18:26
NEW YORK--(BUSINESS WIRE)---- $BBN--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Municipal Funds: Declaration- 12/6/2024   Ex-Date- 12/16/2024   Record- 12/16/2024   Payable- 12/31/2024 National Funds Ticker Distribution Change From Prior Distribution BlackRock Municipal Income Quality Trust* BYM $0.055500 - BlackRock Long-Term Municipal Advantage Trust* BTA $0.049500 - BlackRock MuniAssets Fund, Inc.* MUA $0.055500 - BlackRock Municipal Income Fund,

AM Best Affirms Credit Ratings for Members of Corebridge Financial

Fri, 12/06/2024 - 18:26
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a” (Excellent) for the members of Corebridge Financial (Corebridge). The outlook of these Credit Ratings (ratings) is stable. (Please see below for a detailed listing of the companies and ratings.) The ratings of Corebridge reflect its balance sheet strength, which AM Best assesses as adequate, as well as its strong operating perf

DWS Municipal Income Trust Declares Monthly Distribution

Fri, 12/06/2024 - 18:26
NEW YORK--(BUSINESS WIRE)--DWS Municipal Income Trust (KTF) (the “Fund”) announced today its regular November monthly distribution. Details are as follows: Declaration – 12/06/2024        Ex-Date – 12/18/2024        Record – 12/18/2024        Payable – 12/30/2024 Fund Ticker Distribution Per Share Prior Distribution Per Share   DWS Municipal Income Trust   KTF   $0.0610   $0.0610 The Fund intends to distribute all or substantially all of its net investment income each year through its regular m

Blackstone Completes Senior Notes Offering

Fri, 12/06/2024 - 18:26
NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) announced the completion of the previously announced offering of $750 million of 5.000% senior notes due 2034 of Blackstone Reg Finance Co. L.L.C., its indirect subsidiary. The notes are fully and unconditionally guaranteed by Blackstone Inc. and its indirect subsidiaries, Blackstone Holdings I L.P., Blackstone Holdings AI L.P., Blackstone Holdings II L.P., Blackstone Holdings III L.P. and Blackstone Holdings IV L.P. Blackstone intends to use the

Enviva Announces Successful Emergence from Financial Restructuring Process Positioned for Sustainable Growth and Continued Market Leadership

Fri, 12/06/2024 - 18:26
BETHESDA, Md.--(BUSINESS WIRE)--Enviva, LLC (“Enviva” or the “Company”), a leading producer of industrial wood pellets, today announced its successful emergence from Chapter 11 bankruptcy protection, marking a significant milestone in the Company’s strategic transformation. Enviva is well-positioned for long-term growth and consistent operating performance, allowing the Company to serve its customers as a market leader and critical partner in meeting their demand for renewable fuel. Enviva’s Pl

NYSE American to Commence Delisting Proceedings Against Golden Minerals Company (AUMN)

Fri, 12/06/2024 - 18:26
NEW YORK--(BUSINESS WIRE)--NYSE American LLC (“NYSE American” or the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the common stock of Golden Minerals Company (the “Company”) — ticker symbol AUMN —from the Exchange. NYSE Regulation has determined that the Company is no longer suitable for listing pursuant to Section 1009(a) of the NYSE American Company Guide (the “Company Guide”) as the Company was unable to demonstrate that it ha

Morningstar, Inc. Increases Quarterly Dividend to 45.5 Cents Per Share

Fri, 12/06/2024 - 18:26
CHICAGO--(BUSINESS WIRE)--The board of directors of Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today declared a quarterly dividend of 45.5 cents per share, payable Jan. 31, 2025, to shareholders of record as of Jan. 3, 2025. The five-cent, or 12.3%, increase from the prior quarterly rate of 40.5 cents per share results in an expected annualized dividend of $1.82 per share compared with the prior annualized rate of $1.62 per share. While subsequent d

W. R. Berkley Corporation Declares Special and Regular Quarterly Cash Dividends

Fri, 12/06/2024 - 18:26
GREENWICH, Conn.--(BUSINESS WIRE)--W. R. Berkley Corporation (NYSE: WRB) announced today that its Board of Directors declared a special cash dividend on its common stock of 50 cents per share to be paid on December 27, 2024 to stockholders of record at the close of business on December 16, 2024. The special dividend announced today is the third in 2024. In addition, the Board of Directors has declared a regular quarterly cash dividend on its common stock of 8 cents per share to be paid on Decem

TPG RE Finance Trust, Inc. Declares Cash Dividend on Series C Cumulative Redeemable Preferred Stock

Fri, 12/06/2024 - 18:26
NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. Declares Cash Dividend on Series C Cumulative Redeemable Preferred Stock

Essex Property Trust Declares Quarterly Distributions

Fri, 12/06/2024 - 18:26
SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $2.45 per common share, payable January 15, 2025 to shareholders of record as of January 2, 2025. About Essex Property Trust, Inc. Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in sel

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Customers Bancorp, Inc. (CUBI) on Behalf of Investors

Fri, 12/06/2024 - 18:26
BENSALEM, Pa. – ­­--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Customers Bancorp, Inc. (“Customers Bancorp” or the “Company”) (NYSE: CUBI) investors concerning the Company’s possible violations of federal securities laws. On April 12, 2024, Customers Bancorp disclosed that its Executive Vice President and Chief Financial Officer, Carla Leibold, had been terminated “for ‘cause’ under her employment agreement for violating Company policy.” However, lat

Braze to Participate in Upcoming Investor Conferences

Fri, 12/06/2024 - 18:26
NEW YORK--(BUSINESS WIRE)--Braze (NASDAQ: BRZE), the leading customer engagement platform that empowers brands to Be Absolutely Engaging™, today announced it will participate in two upcoming investor conferences with management presentations: Event: Barclays Global Technology Conference Date & Time: Thursday, December 12th, 2024 Management Presentation: Cofounder and CEO Bill Magnuson at 8:40 - 9:10 am PT Event: Needham Growth Conference Date & Time: Tuesday, January 14th, 2025 Manageme

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