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ISS and Glass Lewis Recommend Samsung C&T Shareholders Vote FOR Both Value-Enhancing Shareholder Proposals

Fri, 03/01/2024 - 15:15
NEW YORK & LONDON--(BUSINESS WIRE)--City of London Investment Management Company Limited (“CLIM”), Whitebox Advisors LLC (“Whitebox”) and other long-term shareholders (collectively with the affiliates of Whitebox, the “Investor Group”) are significant shareholders in Samsung C&T Corporation (KRX: 028260) (“SCT” or the “Company”), with collective ownership in excess of 1% of the Company’s common shares. Today, CLIM and Whitebox announced that leading independent proxy advisory firms Institut

ADTN INVESTOR ALERT: ROSEN, A LEADING LAW FIRM, Encourages ADTRAN Holdings, Inc. Investors to Inquire About Securities Class Action Investigation – ADTN

Fri, 03/01/2024 - 15:15
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 ADTRAN Holdings, Inc. (NASDAQ: ADTN) resulting from allegations that Adtran may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Adtran securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

KBRA Assigns Preliminary Ratings to OBX 2024-NQM4 Trust

Fri, 03/01/2024 - 15:15
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to six classes of mortgage-backed notes from OBX 2024-NQM4 Trust (OBX 2024-NQM4), a $592.4 million non-prime RMBS transaction. The underlying collateral, comprising 1,181 residential mortgages, is characterized by a notable concentration of alternative income documentation (94.6%) loans. The loans are either classified as non-qualified mortgages (Non-QM) (54.9%) or exempt (44.2%) from the Ability-to-Repay/Qualified Mortgage (ATR/QM) ru

Marsh McLennan Agency Completes Acquisition of Querbes & Nelson and Louisiana Companies

Fri, 03/01/2024 - 15:15
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Marsh McLennan Agency (MMA), a subsidiary of Marsh, today announced that it has completed its previously announced acquisitions of two Louisiana-based middle-market agencies, Querbes & Nelson (Q&N) and Louisiana Companies. Terms of the transactions were not disclosed. With the closing of these acquisitions, MMA has doubled its presence in Louisiana. Kevin Briggs is now CEO of Louisiana Companies and Q&N, Mike Belanger is now President and Chief S

Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for February 2024, includes Reg.-NMS Execution Statistics

Fri, 03/01/2024 - 15:15
GREENWICH, Conn.--(BUSINESS WIRE)---- $IBKR #IBKR--Interactive Brokers Group, Inc. (Nasdaq: IBKR), an automated global electronic broker, today reported its Electronic Brokerage monthly performance metrics for February. Brokerage highlights for the month included: 2.443 million Daily Average Revenue Trades (DARTs)1, 15% higher than prior year and 11% higher than prior month. Ending client equity of $448.2 billion, 35% higher than prior year and 6% higher than prior month. Ending client margin loan balances of

TrueNorth and Brim Partner to Deliver Next Generation Credit Card-as-a-Service Platform to Banks, Fintechs and Major Brands in North America

Fri, 03/01/2024 - 15:15
NEW YORK--(BUSINESS WIRE)--TrueNorth, a leading professional services organization specializing in implementation, systems integration and engineering of digital solutions for the financial services industry, and Brim Financial (Brim), a next generation provider of credit card platform as-a-service and one of the fastest growing Fintechs in North America, are excited to announce their strategic partnership aimed to bring robust and innovative consumer, small medium business (SMB) and commercial

Law Firm of Cerri, Boskovich & Allard Settles Two Sexual Abuse Lawsuits With San Francisco Unified School District for $4.5 Million

Fri, 03/01/2024 - 12:15
SAN JOSE, Calif.--(BUSINESS WIRE)--San Francisco Unified School District has settled two sexual abuse lawsuits for $4.5 million according to the law firm of Cerri, Boskovich & Allard.

Royal Gold to Participate in the Renmark Financial Communications Virtual Non-Deal Roadshow Series on Wednesday, March 13

Fri, 03/01/2024 - 12:15
DENVER--(BUSINESS WIRE)--Royal Gold, Inc. (NASDAQ: RGLD) (together with its subsidiaries, “Royal Gold” or the “Company,” “we” or “our”) announced today that management will present in the live Virtual Non-Deal Roadshow Series hosted by Renmark Financial Communications Inc. Alistair Baker, Vice President Investor Relations and Business Development, will present on Wednesday, March 13 at 12:00 p.m. EDT (11:00 a.m. CDT / 10:00 a.m. MDT), and access to a replay of the event will be available on our

PanAgora Announces 22nd Annual Dr. Richard A. Crowell Memorial Prize Winner

Fri, 03/01/2024 - 12:15
BOSTON--(BUSINESS WIRE)--PanAgora Asset Management, Inc. (“PanAgora”), one of the world’s leading quantitative investment firms, announced today the winners of its 22nd annual Dr. Richard A. Crowell Memorial Prize, which recognizes new and cutting-edge academic research that successfully connects theory and practice in quantitative investing and management. This year’s winning paper was awarded to “New Technologies and Stock Returns,” authored by Jinyoung Kim of Boston College Carroll School of

Innsena Appoints Britteny Matero to Partner and Senior Vice President

Fri, 03/01/2024 - 12:15
ATLANTA--(BUSINESS WIRE)-- #PR--Innsena, a health tech consultancy focused on improving care outcomes for underserved communities, today announced the appointment of Britteny Matero to partner and senior vice president. As partner and senior vice president, Matero assumes leadership of the Innsena market access practice, which supports health tech companies, public-private partnerships, nonprofit organizations, states and other governmental entities to deploy programs making a meaningful impact in he

On Tap Credit Union Elevates Leadership Team by Bringing on Two New Directors and Promoting Internal Talent to Support Growth Efforts

Fri, 03/01/2024 - 12:15
GOLDEN, Colo.--(BUSINESS WIRE)-- #leadership--On Tap Credit Union isn't your average bank. A trusted financial partner since 1954, their team crafts personalized financial solutions tailored to each individual's personalized goals. They guide members every step of the way and make the financial journey a breeze. As they look toward the future and their commitment to growth, they are expanding the leadership team with top-notch talent. New Director Positions: Nicole Zimmerman, On Tap’s new Director of Marketi

Jensen Investment Management Announces Managing Director Eric Schoenstein to Retire in 2025

Fri, 03/01/2024 - 12:15
LAKE OSWEGO, Ore.--(BUSINESS WIRE)--Jensen Investment Management (“Jensen”), a 100% employee-owned active equity investment management firm announces the planned retirement of Eric Schoenstein, Chief Investment Officer, effective March 1, 2025. Schoenstein, who joined Jensen in 2002, serves as Managing Director and is a member of the investment team comprising portfolio managers and analysts who oversee operations and investments on a consensus basis. In recent years that team has doubled in si

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Dick's Sporting Goods, Inc. (DKS)

Fri, 03/01/2024 - 12:15
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming April 22, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Dick's Sporting Goods, Inc. (“DSG” or the “Company”) (NYSE: DKS) common stock between May 25, 2022 and August 21, 2023, inclusive (the “Class Period”). If you suffered a loss on your DSG investments or would like to inquire about potentially pursuing cla

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against The Children's Place, Inc. (PLCE)

Fri, 03/01/2024 - 12:15
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming April 29, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired The Children’s Place, Inc. (“The Children’s Place” or the “Company”) (NASDAQ: PLCE) securities between March 16, 2023 and February 8, 2024, inclusive (the “Class Period”). If you suffered a loss on your The Children’s Place investments or would like to i

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Sunnova Energy International Inc. (NOVA)

Fri, 03/01/2024 - 12:15
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming April 16, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Sunnova Energy International Inc. (“Sunnova” or the “Company”) (NYSE: NOVA) securities between February 25, 2020 and December 7, 2023, inclusive (the “Class Period”). If you suffered a loss on your Sunnova investments or would like to inquire about poten

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Nextdoor Holdings, Inc. f/k/a Khosla Ventures Acquisition Co. II Investors With Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – KIND, KVSB

Fri, 03/01/2024 - 12:15
NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of Class A common stock of Nextdoor Holdings, Inc. f/k/a Khosla Ventures Acquisition Co. II (NYSE: KIND) (NASDAQ: KVSB) between July 6, 2021 and November 8, 2022, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 29, 2024

PGIM Closed End Funds declare distributions for March, April, and May 2024

Fri, 03/01/2024 - 12:15
NEWARK, N.J.--(BUSINESS WIRE)--PGIM High Yield Bond Fund, Inc. (NYSE: ISD), PGIM Global High Yield Fund, Inc. (NYSE: GHY) and PGIM Short Duration High Yield Opportunities Fund (NYSE: SDHY) declared today monthly distributions for March, April, and May 2024. The distribution amounts and schedule for each fund appears below: Fund Name Ticker Distribution Per Share Change from Prior Distribution PGIM High Yield Bond Fund, Inc. ISD $0.105 – PGIM Global High Yield Fund, Inc. GHY $0.105 – PGIM Short

SmartMetric the Maker of Biometric Fingerprint Activated Credit Cards Reports up to 80% of Credit Cards Have Been Compromised

Fri, 03/01/2024 - 12:15
NEW YORK--(BUSINESS WIRE)-- #americanexpress--SmartMetric, Inc. (OTC: SMME) Up to 80% of all credit cards in circulation have been compromised. Studies suggest that as many as eight in ten credit cards that are currently issued have already been compromised by some sort of hack or data breach.1 SmartMetric leads the world in biometric credit card technology in having developed a biometric credit card that has an internal rechargeable battery that is used to power the fingerprint scanning of the card user independ

United Bankshares, Inc. to Present at the Raymond James 45th Annual Institutional Investors Conference

Fri, 03/01/2024 - 12:15
WASHINGTON & CHARLESTON, W.Va--(BUSINESS WIRE)--United Bankshares, Inc. to Present at the Raymond James 45th Annual Institutional Investors Conference

AEG Launches Latest Employer Branding Campaign “Leave Boring Behind”

Fri, 03/01/2024 - 12:15
LOS ANGELES--(BUSINESS WIRE)--AEG launches its latest employer branding campaign that focuses on individual employees and their personal experiences working at the company.

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