Lastest from Businesswire
Aviation Capital Group Announces Delivery of One Boeing 737-9 MAX to United Airlines
NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- #acg--Aviation Capital Group LLC (ACG), a premier global full-service aircraft asset manager, announced the delivery of one Boeing 737-9 MAX aircraft to United Airlines. Featuring CFM International LEAP-1B engines, this is the third aircraft scheduled to deliver to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and United Airlines. ACG specializes in commercial aircraft leasing and aviation finance. In addition to aircraft lea
Eagle Point Institutional Income Fund Announces First Quarter 2025 Preferred Share Distributions
GREENWICH, Conn.--(BUSINESS WIRE)--Eagle Point Institutional Income Fund (the “Fund”) today is pleased to announce the declaration of distributions on shares of the Fund’s 8.125% Series A Term Preferred Shares due 2029 (the “Preferred Shares”). The Preferred Shares trade on the New York Stock Exchange (NYSE: EIIA). For the first quarter of 2025, the Fund is declaring three separate monthly distributions of $0.169271 per the Preferred Share. The distributions are payable based on the following s
BerryDunn’s Olga Gross-Balzano Appointed to CMS Partnership for Quality Measurement (PQM)™ Committee
PORTLAND, Maine--(BUSINESS WIRE)--BerryDunn, a full-service assurance, tax, and consulting firm, is pleased to announce the appointment of Olga Gross-Balzano, CPA, a Senior Manager in the Healthcare Practice Group, to the Endorsement and Maintenance (E&M) Cost and Efficiency PQM™ Committee. Established by the Centers for Medicare & Medicaid Services (CMS), the PQM™ Committee is a group of experts who endorse measures for the improvement of quality healthcare. Gross-Balzano will serve a
Texas Jury Finds World’s Largest E-discovery Firm Violated Criminal Statute
FORT WORTH, Texas--(BUSINESS WIRE)--A jury in Fort Worth has found that Washington, D.C.-based Consilio, which bills itself as the world’s largest e-discovery firm, violated a Texas criminal statute when it accessed a woman’s computer without effective consent. Title 7, Chapter 33 of the Texas Penal Code – Breach of Computer Security – makes it a Class B misdemeanor for someone to knowingly access a computer without the owner’s effective consent. Jurors in Judge Melody Wilkinson’s court also fo
Strategic Storage Trust VI, Inc. Announces Opening of New Self-Storage Facility in the Greater Toronto and Hamilton Area of Ontario, Canada
LADERA RANCH, Calif.--(BUSINESS WIRE)--Strategic Storage Trust VI, Inc. (“SST VI”), a publicly registered non-traded real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), in partnership with SmartCentres (TSX: SRU.UN), is pleased to announce the opening of a new state-of-the-art, Class A self-storage facility in the Stoney Creek neighborhood of Hamilton in Ontario, Canada. Located at 550 Centennial Parkway N with good visibility from the Quee
Ellington Financial Inc. Reports Third Quarter 2024 Results
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) ("we," "us," or "our") today reported financial results for the quarter ended September 30, 2024. Highlights Net income attributable to common stockholders of $16.2 million, or $0.19 per common share.1 $44.0 million, or $0.51 per common share, from the investment portfolio. $39.2 million, or $0.45 per common share, from the credit strategy. $4.8 million, or $0.06 per common share, from the Agency strategy. $(2.5) millio
Finance of America Reports Third Quarter 2024 Results
PLANO, Texas--(BUSINESS WIRE)--Finance of America Companies Inc. (“Finance of America” or the “Company”) (NYSE: FOA), a leading provider of home equity-based financing solutions for a modern retirement, reported financial results for the quarter ended September 30, 2024. Third Quarter 2024 Highlights(1) Net income from continuing operations of $204 million or $8.48 basic earnings per share for the quarter. Adjusted net income(2) of $15 million or $0.67 adjusted earnings per share for the quarte
KBRA Assigns Preliminary Ratings to the Senior Notes Issued by NPC SIP 2024-1 Ltd.
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to the Senior Notes issued by NPC SIP 2024-1 Ltd. (the “Issuer”), a long-dated, General Partner-led Collateralized Fund Obligation (GP CFO) transaction. The total issuance amount is $700 million, resulting in an initial Loan-to-Value ratio of approximately 85.7% for the Senior Notes. NPC SIP 2024-1 Ltd. will be managed by Churchill Asset Management, who will invest in private credit and private equity strategies. This transaction will
NCR Voyix Names Darren Wilson as President, International to Spearhead Global Expansion
ATLANTA--(BUSINESS WIRE)--NCR Voyix, a leading provider of technology solutions, is pleased to announce the appointment of Darren Wilson as President, International. Mr. Wilson reports to NCR Voyix CEO David Wilkinson and is a member of the company’s Executive Leadership Team. This key appointment underscores the company’s dedication to pursuing global growth and strengthening the senior leadership team, concentrating on sales effectiveness, product delivery, and customer satisfaction. In addit
Steel Partners Holdings Declares Regular Quarterly Distribution On its Series A Preferred Units
NEW YORK--(BUSINESS WIRE)--Steel Partners Holdings L.P. (NYSE: SPLP), a diversified global holding company, today announced that its board of directors has declared a regular quarterly cash distribution of $.375 per unit, payable December 15, 2024, to unitholders of record as of December 1, 2024, on its 6% Series A Preferred Units, no par value ("Series A Preferred"). Any future determination to declare distributions on the Series A Preferred, and any determination to pay such distributions in
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 10/30/2024 1
Radian Announces Third Quarter 2024 Financial Results
WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) today reported net income for the quarter ended September 30, 2024, of $152 million, or $0.99 per diluted share. This compares with net income for the quarter ended September 30, 2023, of $157 million, or $0.98 per diluted share. Adjusted pretax operating income for the quarter ended September 30, 2024, was $199 million, or $1.03 per diluted share. This compares with adjusted pretax operating income for the quarter ended September 30, 2
Q2 Holdings, Inc. Announces Third Quarter 2024 Financial Results
AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, today announced results for its third quarter ending September 30, 2024. GAAP Results for the Third Quarter 2024 Revenue for the third quarter of $175.0 million, up 13 percent year-over-year and up 1 percent from the second quarter of 2024. GAAP gross margin for the third quarter of 50.9 percent, up from 47.8 percent in the prior-year quarter and 50.2 pe
Principal to Host Investor Day on November 18, 2024
DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced today that it will host its 2024 Investor Day on Monday, November 18, 2024, from 1 p.m. to 4 p.m. EST in New York City. To view the webcast live and access related material, please register in advance at principal.com/investorday. A replay will also be available on the website following the event. Any questions regarding Principal’s 2024 Investor Day may be directed to Principal’s Investor Relations team at in
The Law Offices of Frank R. Cruz Continues Its Investigation of Humacyte, Inc. (HUMA) on Behalf of Investors
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz Continues Its Investigation of Humacyte, Inc. (HUMA) on Behalf of Investors
General American Investors Company Actions Taken by the Board of Directors
NEW YORK--(BUSINESS WIRE)--Today, the Board of Directors of General American Investors Company, Inc. (NYSE symbol – GAM), a closed-end investment company, declared a combined dividend and distribution of $4.50 per share on its outstanding shares of common stock as follows: A distribution of $4.05 per share from net long-term capital gains on securities sold. A dividend of $0.45 per share from estimated undistributed net investment income for the full year 2024. Determination as to taxability wi
Steel Connect Reports Fourth Quarter Fiscal 2024 Financial Results
NEW YORK--(BUSINESS WIRE)--Steel Connect, Inc. (the "Company") (NASDAQ: STCN) today announced financial results for its fourth quarter and fiscal year ended July 31, 2024. Results of Operations Due to the previously disclosed application of pushdown accounting, the Company's consolidated financial statements include a black line division between the two distinct periods to indicate the application of two different bases of accounting, which may not be comparable, between the periods presented.
RenaissanceRe Holdings Ltd. Announces Quarterly Dividend and Increase of Share Repurchase Authorization to $750 million
PEMBROKE, Bermuda--(BUSINESS WIRE)--The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) announced today a quarterly dividend of $0.39 per common share on its common shares. The dividend is payable on December 31, 2024, to shareholders of record on December 13, 2024. In addition, the Board of Directors approved a renewal of RenaissanceRe’s authorized share repurchase program, increasing the total current authorization to $750.0 million, which incl
Cross Country Healthcare Announces Third Quarter 2024 Financial Results
BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (the Company) (Nasdaq: CCRN) today announced financial results for its third quarter ended September 30, 2024. SELECTED FINANCIAL INFORMATION: Variance Variance Q3 2024 vs Q3 2024 vs Dollars are in thousands, except per share amounts Q3 2024 Q3 2023 Q2 2024 Revenue $ 315,119 (29 )% (7 )% Gross profit margin* 20.4 % (160 )bps (40 )bps Net income attributable to common stockholders $ 2,555 (80 )% 116 %
Bridge Investment Group Holdings Inc. Reports Third Quarter 2024 Results
SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today reported its financial results for the quarter ended September 30, 2024. Net Income was $10.6 million for the quarter ended September 30, 2024. On a basic and diluted basis, net income attributable to Bridge per share of Class A common stock was $0.11 and $0.04, respectively. Fee Related Earnings to the Operating Company were $32.4 million for the quarter ended September 30, 202