Feed aggregator

Ellington Credit Company Reports Results for Three-Month Period Ended March 31, 2025

Lastest from Businesswire - Tue, 05/20/2025 - 17:36
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) ("we") today reported financial results for the three-month period ended March 31, 2025. Highlights Net income (loss) of $(7.9) million, or $(0.23) per share. Adjusted Distributable Earnings1 of $9.0 million, or $0.26 per share. Book value of $6.08 per share as of March 31, 2025, which includes the effects of dividends of $0.24 per share for the three-month period. Net interest margin2 of 11.13% on credit, 2.29% on Age

ezCater Appoints Nihad Rahman as CEO

Lastest from Businesswire - Tue, 05/20/2025 - 17:36
BOSTON--(BUSINESS WIRE)--ezCater, the #1 food tech platform for workplaces in the US, today announced that interim CEO Nihad Rahman has been appointed as CEO and will join the company’s Board of Directors. Sean Stanton, ezCater’s VP of Financial Planning & Analysis, has been named CFO. The appointments are effective immediately and are powerful signals of the company’s sustained growth and the strength of the current executive leadership team. “Nihad is the right leader for ezCater as the c

Intercontinental Exchange Announces Results from 2025 Annual Meeting of Stockholders

Lastest from Businesswire - Tue, 05/20/2025 - 17:36
ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced the results of the Company’s 2025 Annual Meeting of Stockholders, which was held Friday, May 16. A replay of the meeting is available at www.ir.theice.com. Each of the ten director nominees received a majority of the votes cast “for” their election. Each director was elected to a one-year term. Stockholders approved an advisory resolution on executiv

The Kraft Heinz Company Announces Ongoing Evaluation of Strategic Transactions to Unlock Shareholder Value

Lastest from Businesswire - Tue, 05/20/2025 - 17:36
PITTSBURGH & CHICAGO--(BUSINESS WIRE)--The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz” or the “Company”) today announced that the Company’s Board of Directors and Executive Leadership Team have been evaluating potential strategic transactions to unlock shareholder value. “At Kraft Heinz, our goal has always been to make high-quality, great-tasting food for all and to keep consumers at the forefront of all we do, enabling us to drive profitable long-term growth and value creation,” said Kra

Media Advisory: Check Presentation to Celebrate Housing Assistance for Veterans

Lastest from Businesswire - Tue, 05/20/2025 - 17:36
TEMPLE, Texas--(BUSINESS WIRE)--Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and First Heroes National Bank (First National) will attend a ceremonial check presentation for a U.S. Army Veteran, at 11:00 a.m., Wednesday, May 28, 2025. First National and FHLB Dallas awarded Retired U.S. Army Specialist Terry McCune a $25,000 Housing Assistance for Veterans (HAVEN) grant toward downpayment costs for his first home in Temple, Texas. Mr. McCune served in the U.S. Army from

XP Inc. to Cancel Treasury Shares

Lastest from Businesswire - Tue, 05/20/2025 - 17:36
SÃO PAULO--(BUSINESS WIRE)--XP Inc. (Nasdaq: XP), a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, announced today that the Company’s Board of Directors approved the cancellation of existing treasury Class A shares held by the Company. The Company has cancelled in this date 12,053,924 Class A shares (2.2% of total shares). Total share count went from 540,052,383 to 527,998,459 after cancellation. About XP XP is a leading, technol

XP Inc. Reports First Quarter 2025 Results

Lastest from Businesswire - Tue, 05/20/2025 - 17:36
SÃO PAULO--(BUSINESS WIRE)--XP Inc. (NASDAQ: XP) (“XP” or the “Company”), a leading tech-enabled platform and a trusted pioneer in providing low-fee financial products and services in Brazil, reported today its financial results for the first quarter of 2025. Summary Operating Metrics (unaudited) 1Q25 1Q24 YoY 4Q24 QoQ Total Client Assets (in R$ bn) 1,328 1,177 13% 1,286 3% Total Net Inflow (in R$ bn) 24 13 79% 29 -19% Annualized Retail Take Rate 1.25% 1.24% 2 bps 1.33% -8 bps Active Clients (i

XP Inc. Announces New Share Repurchase Program

Lastest from Businesswire - Tue, 05/20/2025 - 17:36
SÃO PAULO--(BUSINESS WIRE)--XP Inc. (Nasdaq: XP), announced today that its board of directors has approved a new share repurchase program. Under the repurchase program, XP may repurchase up to the amount in dollars equivalent to R$1.0 billion (one billion Brazilian Reais) of its outstanding Class A common shares in the open market, based on prevailing market prices, or in privately negotiated transactions, over a period beginning on May 21st, 2025 continuing until the earlier of the completion

Gartner Survey Finds 73% of CSOs Are Prioritizing Growth from Existing Customers for 2025

Lastest from Businesswire - Tue, 05/20/2025 - 17:36
LAS VEGAS--(BUSINESS WIRE)--Seventy-three percent of CSOs are prioritizing growth from existing customers for 2025, according to a survey by Gartner, Inc. In a survey of 243 CSOs and senior sales leaders conducted from October through November 2024, Gartner found that 57% of CSOs see account retention and growth as a top-3 priority. Despite the importance of retaining and growing existing customers, many organizations are hindered by a customer value gap - as suppliers struggle to convert the p

COPT Defense Declares Second Quarter 2025 Common Dividend

Lastest from Businesswire - Tue, 05/20/2025 - 17:36
COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) announced today that its Board of Trustees declared a regular quarterly dividend of $0.305 per common share for the second quarter ending June 30, 2025. The second quarter 2025 dividend represents an annualized amount of $1.22 per share and is payable on July 16, 2025, to shareholders of record on June 30, 2025. In addition, the Company announced the publishing of its eleventh annual Corporate

LTC to Participate in Nareit’s REITWeek 2025 Investor Conference

Lastest from Businesswire - Tue, 05/20/2025 - 17:36
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties Inc. (NYSE: LTC) (“LTC” or the “Company”), announced today senior management will participate in Nareit’s REITWeek 2025 Investor Conference June 2-5 in New York City. The Company’s presentation package will be available online in the Investor Relations section of www.ltcreit.com. About LTC Properties LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mor

Brighthouse Financial Recommends Shareholders Reject “Mini-Tender” Offer by Potemkin Limited

Lastest from Businesswire - Tue, 05/20/2025 - 17:36
CHARLOTTE, N.C.--(BUSINESS WIRE)--Brighthouse Financial, Inc. (“Brighthouse Financial” or the “company”) (Nasdaq: BHF) announced today that it has received notice of an unsolicited “mini-tender” offer made by Potemkin Limited (“Potemkin”) to Brighthouse Financial shareholders to purchase up to 100,000 shares of Brighthouse Financial’s common stock at a price of $36.00 per share. This means that Brighthouse Financial shareholders who tender their shares in the offer will receive a price signific

Dun & Bradstreet and Finquest Launch Cofinder to Bring Smarter, Faster Deal Sourcing to Investment Firms

Lastest from Businesswire - Tue, 05/20/2025 - 17:36
JACKSONVILLE, Fla. & NEW YORK--(BUSINESS WIRE)--Dun & Bradstreet (NYSE: DNB), a leading global provider of business data and analytics, and Finquest, a trusted partner to private equity firms and acquisitive corporates, have launched Cofinder, a cutting-edge web-based platform that helps uncover proprietary opportunities that redefines deal sourcing for private equity professionals. "Dun & Bradstreet's extensive global business data, combined with Finquest's innovative technology, unloc

TPG Announces Launch of Secondary Public Offering

Lastest from Businesswire - Tue, 05/20/2025 - 17:36
SAN FRANCISCO & FORT WORTH, Texas--(BUSINESS WIRE)--TPG Inc. (“TPG” or the “Company”) (Nasdaq: TPG), a leading global alternative asset management firm, today announced that DB Holdings I, L.P., a vehicle controlled by, and for the benefit of, the estate of David Bonderman (the “Bonderman Estate”), intends to offer 21,000,000 shares of TPG’s Class A common stock, par value $0.001 per share (the “Common Stock”), pursuant to a shelf registration statement filed with the Securities and Exchange Co

Nicolet Bankshares, Inc. Declares Cash Dividend to Shareholders

Lastest from Businesswire - Tue, 05/20/2025 - 17:36
GREEN BAY, Wis.--(BUSINESS WIRE)--Nicolet Bankshares, Inc. (NYSE: NIC) (“Nicolet”) announced its Board of Directors has declared a quarterly cash dividend of $0.32 per share to shareholders of its common stock, an increase of $0.04 per share, or 14% over the prior quarter. The dividend will be payable on June 13, 2025, to shareholders of record as of June 2, 2025. About Nicolet Bankshares, Inc. Nicolet Bankshares, Inc. is the bank holding company of Nicolet National Bank, a growing, full-servic

First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.097 Per Share for June

Lastest from Businesswire - Tue, 05/20/2025 - 17:36
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.097 per share payable on June 16, 2025, to shareholders of record as of June 2, 2025. The ex-dividend date is expected to be June 2, 2025. The monthly distribution information for the Fund appears below. First Trust Senior Floating Rate Income Fund II (FCT): Distribution per share: $0.097 Distri

Principal® Names Joel Pitz Executive Vice President and Chief Financial Officer

Lastest from Businesswire - Tue, 05/20/2025 - 17:36
DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) today announced the appointment of Joel Pitz as executive vice president and chief financial officer, effective immediately. Pitz steps into the role after 30 years with Principal and brings extensive experience in successfully aligning financial strategy to business goals. “Joel has demonstrated strong leadership throughout his time at Principal and during his tenure as interim CFO which will continue to serve the comp

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1375 Per Share for June

Lastest from Businesswire - Tue, 05/20/2025 - 17:36
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Intermediate Duration Preferred & Income Fund (the "Fund") (NYSE: FPF) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.1375 per share payable on June 16, 2025, to shareholders of record as of June 2, 2025. The ex-dividend date is expected to be June 2, 2025. The monthly distribution information for the Fund appears below. First Trust Intermediate Duration Preferred & Income Fund (FPF):     Dist

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

Lastest from Businesswire - Tue, 05/20/2025 - 17:36
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of the monthly distributions for certain exchange-traded funds advised by FTA. The following dates apply to today's distribution declarations: Expected Ex-Dividend Date:   May 21, 2025 Record Date:   May 21, 2025 Payable Date:   May 30, 2025 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount ACTIVELY MANAGED EXCHANGE-TRADED FUNDS First Trust Exchange-Traded Fund III FCAL Nasdaq First Tr

First Trust High Yield Opportunities 2027 Term Fund Declares its Monthly Common Share Distribution of $0.125 Per Share for June

Lastest from Businesswire - Tue, 05/20/2025 - 17:36
WHEATON, Ill.--(BUSINESS WIRE)--First Trust High Yield Opportunities 2027 Term Fund (the "Fund") (NYSE: FTHY) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.125 per share payable on June 25, 2025, to shareholders of record as of June 2, 2025. The ex-dividend date is expected to be June 2, 2025. The monthly distribution information for the Fund appears below. First Trust High Yield Opportunities 2027 Term Fund (FTHY): Distribution per share: $0.

Pages