Lastest from Businesswire

NEW YORK--(BUSINESS WIRE)---- $BTT--BlackRock Advisors, LLC announced today that the Board of Trustees (the “Board”) of BlackRock Municipal 2030 Target Term Trust (“BTT” or the “Trust”) has reauthorized the Trust’s open market share repurchase program (the “Repurchase Program”). Under BTT’s most recent Repurchase Program, which ends November 30, 2025, the Trust could repurchase up to 5% of its outstanding common shares (based on common shares outstanding on March 31, 2025) in open market transactions. P

NEW YORK--(BUSINESS WIRE)---- $BKT--BlackRock Income Trust, Inc. (NYSE: BKT) (the “Fund”) announced today the renewal of its discount management program (the "Program"). Under terms of the Program, the Fund intends to offer to repurchase a portion of its common shares via tender offer if certain conditions are met, as detailed below. If the Fund’s common shares trade at an average daily discount to net asset value ("NAV") of more than 7.50% during the 12-week measurement period beginning on July 9, 2026

NEW YORK--(BUSINESS WIRE)--Morgan Stanley today declared a regular dividend on the outstanding shares of each of the following preferred stock issues: Floating Rate Non-Cumulative Preferred Stock, Series A - $310.89 per share (equivalent to $0.310893 per Depositary Share) 10 Percent Non-Cumulative Non-Voting Perpetual Preferred Stock, Series C - $25.00 per share Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series E - $455.21 per share (equivalent to $0.455208 per Depositary Share) Fix

BOSTON--(BUSINESS WIRE)--Great Gray Group and its affiliates announced the purchase of assets that flexPATH Strategies, LLC ("flexPATH") used to provide sub-advisory services to the collective investment trust funds for which Great Gray Trust Company (“Great Gray”) serves as trustee ("flexPATH sub-advised CITs"). As part of this transaction, Great Gray is bringing in-house certain investment management services previously provided by flexPATH on an outsourced basis. Experienced flexPATH profess

NEW YORK,--(BUSINESS WIRE)---- $BCAT--The BlackRock closed-end funds listed below (each, a “Fund” and collectively, the “Funds”) announced today the renewal of their discount management programs (each, a "Program" and collectively, the “Programs”). Under the terms of each Fund’s Program, each Fund intends to offer to repurchase a portion of its common shares via tender offer if certain conditions are met during the specified time period, as detailed below. BlackRock Closed-End Funds Announcing their Disc

NEW YORK--(BUSINESS WIRE)--JPMorgan Chase & Co. (NYSE: JPM) (“JPMorganChase” or the “Firm”) has declared dividends on the outstanding shares of the Firm’s Series II and OO preferred stock. Information can be found on the Firm’s Investor Relations website at https://www.jpmorganchase.com/ir/news. JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorganChase had $4.6 trillion in assets and $36

TERRELL, Texas--(BUSINESS WIRE)--American National Bank of Texas (ANBTX), one of the oldest and largest independently owned banks in the state, has been named to The Dallas Morning News’ Top Workplaces DFW 2025 list in the large company category. This marks the 16th time ANBTX has earned this honor, highlighting its enduring commitment to its employees across North Texas. This year is especially significant as ANBTX celebrates its 150th anniversary, marking a century and a half of helping famil

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group (NYSE: UNM) announced today that it has completed an offering of $300 million aggregate principal amount of senior notes due in 2035 with an annual coupon rate of 5.250 percent. The net proceeds from the sale of the senior notes will be used for general corporate purposes, including the replacement of cash and cash equivalents used to repay the $275 million aggregate principal amount of the company’s 3.875% senior notes due 2025 that matured on No

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 Alibaba Group Holding Limited (NYSE: BABA) resulting from allegations that Alibaba may have issued materially misleading business information to the investing public. So What: If you purchased Alibaba securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arra

DENVER--(BUSINESS WIRE)--Modiv Industrial, Inc. (“Modiv Industrial,” “Modiv” or the “Company”) (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate, today announced operating results for the third quarter ended September 30, 2025. The following is a statement from Aaron Halfacre, CEO of Modiv Industrial. “That which is behind us... Third quarter 2025 revenue was $11.7 million and net income attributable to common stockholders was $0.3 million. A

DALLAS--(BUSINESS WIRE)--Generational Group, a leading investment banking firm for privately held businesses, is pleased to announce it was once again the title sponsor for the 11th annual Generational Salute – A Tribute to Our Troops. The fundraising event was held at Bent Tree Country Club in Dallas, Texas on November 9th, followed by a golf tournament held at Omni PGA Frisco, Fields West Course in Frisco, Texas on November 12th. Two of the Generational Brand Ambassadors—legendary golfer, Tom

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term rating of AA+ with a Stable Outlook to the State of Illinois (the "State"), Build Illinois Bonds (Sales Tax Revenue Bonds), Junior Obligation Series A, B, and C of December 2025 (the "Junior Bonds"). KBRA additionally affirms the long-term rating of AA+ with a Stable Outlook for the State's outstanding parity Build Illinois Bonds (Sales Tax Revenue Bonds) Junior Obligation. Key Credit Considerations The rating actions reflect the following key

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has downgraded the Financial Strength Rating (FSR) to A+ (Superior) from A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “aa” (Superior) from “aa+” (Superior) of State Farm Mutual Automobile Insurance Company (State Farm Mutual) and its affiliates, State Farm Fire and Casualty Company and State Farm County Mutual Insurance Company of Texas (Richardson, TX), collectively referred to as State Farm Group. At the same time, AM Best h

SEATTLE--(BUSINESS WIRE)---- $COST #COST--Consumers sued Costco in a class-action lawsuit alleging it sold adulterated tequila containing significant non-agave sugars, says Hagens Berman.

LEHI, Utah--(BUSINESS WIRE)--Sirion, the global leader in agentic CLM, has once again been named a Leader in the 2025 Gartner® Magic Quadrant™ for Contract Lifecyle Management (CLM). This marks the fourth consecutive time Sirion has been recognized as a Leader, and this year, Sirion is positioned highest on Ability to Execute and furthest to the right for Completeness of Vision among the 16 vendors evaluated. Download a complimentary copy of the report here. Sirion believes its consistent recog

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Financial Strength Rating of B (Fair) and a Long-Term Issuer Credit Rating of “bb+” (Fair) to MG Insurance Company (MGIC) (Scottsdale, AZ). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect MGIC’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM). MGIC’s risk-adjusted capitaliza

LOS ANGELES--(BUSINESS WIRE)---- $FUN--FUN Investors Have Opportunity to Lead Six Flags Entertainment Corporation Securities Fraud Lawsuit with the Schall Law Firm

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases its third-quarter 2025 U.S. Bank Compendium, providing the latest view of the U.S. banking industry and analysis of 3Q25 results for publicly traded U.S. banks with KBRA ratings. In this edition, we examine how KBRA-rated banks continue to benefit from rate cuts by the Federal Open Market Committee (FOMC) that began in late 2024. Net interest margin (NIM) expansion continues to support growth in earnings, helping to offset modestly rising expenses and cr

NEW YORK--(BUSINESS WIRE)--Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of KBR, Inc. (NYSE: KBR) between May 6, 2025 and June 19, 2025, both dates inclusive (the “Class Period”), of the important November 18, 2025 lead plaintiff deadline in the securities class action first filed by the Firm. So what: If you purchased KBR securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a

HOUSTON--(BUSINESS WIRE)--Hicks Thomas LLP and three firm partners have been recognized in the inaugural Legal 500 US Elite list for Houston, a guide to top-performing law firms and attorneys in key legal markets across the country. The firm was recognized for its work in commercial disputes in Houston. Firm partners John B. Thomas and Robin Harrison were also honored for their commercial disputes practice, and partner Courtney Ervin was recognized for her work in energy disputes. One of the wo