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Pennsylvania American Water and Towamencin Township to Terminate the Sale of Wastewater System

Lastest from Businesswire - Wed, 08/28/2024 - 21:13
MECHANICSBURG, Pa.--(BUSINESS WIRE)--Pennsylvania American Water (PAW) and Towamencin Township will begin the process of terminating the sale of the township’s wastewater system, subject to formal approval at Towamencin’s next Board of Supervisors’ meeting. On June 14, 2022, Towamencin executed an asset purchase agreement (APA) to sell the township’s wastewater system to NextEra Water Pennsylvania, LLC (NextEra Water). In March 2023, NextEra Water exited the transaction and Pennsylvania America

Parque Arauco Announces Agreement to Acquire Open Plaza Kennedy in Santiago, Chile

Lastest from Businesswire - Wed, 08/28/2024 - 21:13
SANTIAGO, Chile--(BUSINESS WIRE)--Parque Arauco S.A. (PARAUCO.SN) announced an agreement for the purchase of assets with Open Plaza Chile SpA and Falabella Inmobiliario S.A. (hereinafter referred to as “Grupo Falabella”) to acquire Open Plaza Kennedy, located in Las Condes, Santiago. The agreement is subject to the fulfillment of customary conditions for this type of transaction. If these conditions are met, Parque Arauco will pay Grupo Falabella a sum of UF 4,800,000 (approximately US$ 200 mil

Arc Capital Partners and Milan Capital Management Complete Acquisition of The Plant, a Premier Super-Regional Retail Center in San Jose, CA

Lastest from Businesswire - Wed, 08/28/2024 - 21:13
SAN JOSE, Calif.--(BUSINESS WIRE)--Arc Capital Partners (“Arc”), a Los Angeles-based real estate investment firm, in partnership with Milan Capital Management (“Milan”), is pleased to announce the acquisition of The Plant, a premier super-regional retail center located in a vibrant neighborhood in San Jose. This acquisition represents a significant strategic investment in one of Silicon Valley's most dynamic and diverse communities. The Plant, encompassing 367,000 square feet of retail space, i

NYSE:MEI: Kessler Topaz Meltzer & Check, LLP Notifies Investors of a Securities Class Action Lawsuit Filed Against Methode Electronics, Inc.

Lastest from Businesswire - Wed, 08/28/2024 - 21:13
RADNOR, Pa.--(BUSINESS WIRE)-- #classaction--The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Northern District of Illinois against Methode Electronics, Inc. (“Methode”) (NYSE:MEI) on behalf of investors who purchased or otherwise acquired Methode common stock between June 23, 2022 and March 6, 2024, inclusive (the “Class Period”) The lead plaintiff deadline is October 25, 2

Aviation Capital Group Announces Delivery of One Boeing 737-9 MAX to United Airlines

Lastest from Businesswire - Wed, 08/28/2024 - 18:13
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 first aircraft scheduled to deliver to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and United Airlines. “It is with great enthusiasm that we commemorate the delivery of United Airlines' latest Boeing

Pathward Announces Sale of Commercial Insurance Premium Finance Business

Lastest from Businesswire - Wed, 08/28/2024 - 18:13
SIOUX FALLS, S.D.--(BUSINESS WIRE)--Pathward Financial, Inc. (the “Company”) (Nasdaq: CASH) today announced that its wholly owned subsidiary Pathward®, N.A. (“Pathward”), an industry leading financial empowerment company driven by its purpose to power financial inclusion, has entered into a definitive agreement to sell its commercial insurance premium finance business to AFS IBEX Financial Services, LLC (“AFS”), a Delaware limited liability company and subsidiary of Honor Capital Holdings, LLC,

INFN Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Infinera Corporation Is Fair to Shareholders

Lastest from Businesswire - Wed, 08/28/2024 - 18:13
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Infinera Corporation (NASDAQ: INFN) to Nokia is fair to Infinera shareholders. For each Infinera share, Infinera shareholders will be able to elect to receive either: 1) $6.65 cash, 2) 1.7896 Nokia shares, or 3) a combination of $4.66 in cash and 0.5355 Nokia shares for each Infinera share. Halper Sadeh encourages Infinera shareholders to click here to learn more about their legal righ

Judd Appel Joins Mowery & Schoenfeld as Advisory Partner

Lastest from Businesswire - Wed, 08/28/2024 - 18:13
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)-- #investmentbanking--Judd Appel recently joined Mowery & Schoenfeld as a Partner in the Transaction Advisory Services practice. Appel has over 20 years of expertise in transaction advisory services and investment banking. His focus is to drive the firm’s pipeline and execute sell-side transactions. Appel’s experience includes both public, private- and sponsor-backed clients across a variety of industries, including consumer products, manufacturing & distribution, automot

FHLB Dallas and Trustmark National Bank Celebrate Opening of Senior Living Facility, Helped by $850K Affordable Housing Program Grant

Lastest from Businesswire - Wed, 08/28/2024 - 18:13
JACKSON, Miss.--(BUSINESS WIRE)--Jackson, Mississippi, has a new, $28 million affordable apartment community that serves income-restricted seniors, thanks, in part, to an $850,000 Affordable Housing Program grant from the Federal Home Loan Bank of Dallas (FHLB Dallas) awarded through Trustmark National Bank. Representatives from the banks were joined today by public officials to celebrate the grand opening of The Pearl. The Pearl, jointly developed by Gulf Coast Housing Partnership (GCHP) and P

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of STMicroelectronics N.V. (STM) on Behalf of Investors

Lastest from Businesswire - Wed, 08/28/2024 - 18:13
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of STMicroelectronics N.V. (“STM” or the “Company”) (NYSE: STM) investors concerning the Company’s possible violations of the federal securities laws. If you suffered a loss on your STM investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, yo

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Endava, plc (DAVA) on Behalf of Investors

Lastest from Businesswire - Wed, 08/28/2024 - 18:13
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Endava, plc (“Endava” or the “Company”) (NYSE: DAVA) investors concerning the Company’s possible violations of the federal securities laws. If you suffered a loss on your Endava investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can

Super Micro Computer (SMCI) Tanks After Delaying Annual Report One Day After Hindenburg Report - Hagens Berman

Lastest from Businesswire - Wed, 08/28/2024 - 18:13
SAN FRANCISCO--(BUSINESS WIRE)--Hagens Berman urges Super Micro Computer, Inc. (NASDAQ: SMCI) investors who suffered substantial losses to submit your losses now. The firm also encourages persons with knowledge who may assist the investigation to contact its attorneys. Visit: www.hbsslaw.com/investor-fraud/smci Contact the Firm Now: SMCI@hbsslaw.com 844-916-0895 Investigation Into Super Micro Computer, Inc. (SMCI): The investigation focuses on the propriety of Super Micro Computer’s financial r

Federman & Sherwood Investigates Consulting Radiologists LTD (“CRL”) for Data Breach

Lastest from Businesswire - Wed, 08/28/2024 - 18:13
OKLAHOMA CITY, Okla.--(BUSINESS WIRE)-- #CRL--Federman & Sherwood Investigates Consulting Radiologists LTD (“CRL”) for Data Breach

AM Best Withdraws Credit Ratings of Vantis Life Insurance Company

Lastest from Businesswire - Wed, 08/28/2024 - 18:13
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” (Superior) of Vantis Life Insurance Company (Vantis Life) (Windsor, CT). The outlook of these Credit Ratings (ratings) is stable. Concurrently, AM Best has withdrawn these ratings as the company has requested to no longer participate in AM Best’s interactive rating process. The ratings reflect Vantis Life’s balance sheet strength, which AM Best asse

Federman & Sherwood Investigates Ongoing Operations and FedComp for Data Breach

Lastest from Businesswire - Wed, 08/28/2024 - 18:13
OKLAHOMA CITY--(BUSINESS WIRE)-- #FedComp--Federman & Sherwood Investigates Ongoing Operations and FedComp for Data Breach

AM Best Affirms Credit Ratings of AXIS Capital Holdings Limited and Its Operating Subsidiaries

Lastest from Businesswire - Wed, 08/28/2024 - 18:13
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of the operating subsidiaries of AXIS Capital Holdings Limited (Pembroke, Bermuda), collectively referred to as AXIS. Additionally, AM Best has affirmed the Long-Term ICR of “bbb+” (Good) and the indicative Long-Term Issue Credit Ratings (Long-Term IR) of AXIS Capital Holdings Limited. The outlook of these Credit Ratings

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Super Micro Computer, Inc. (SMCI) on Behalf of Investors

Lastest from Businesswire - Wed, 08/28/2024 - 18:13
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Super Micro Computer, Inc. (“Super Micro” or the “Company”) (NASDAQ: SMCI) investors concerning the Company’s possible violations of federal securities laws. On August 27, 2024, Hindenburg Research published a report alleging, among other things, that an investigation into Super Micro “found glaring accounting red flags, evidence of undisclosed related party transactions, sanctions and export

Ellington Financial Announces Estimated Book Value Per Common Share as of July 31, 2024

Lastest from Businesswire - Wed, 08/28/2024 - 18:13
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced its estimated book value per share of common stock of $13.80 as of July 31, 2024. This estimate includes the effect of the previously announced monthly dividend of $0.13 per share of common stock, payable on August 26, 2024 to holders of record on July 31, 2024, with the same ex-dividend date. Cautionary Statement Regarding Forward-Looking Statements Estimated book value per common share

NYSE to Commence Delisting Proceedings Against Independence Contract Drilling, Inc. (ICD)

Lastest from Businesswire - Wed, 08/28/2024 - 18:13
NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the common stock of Independence Contract Drilling, Inc. (the “Company”) — ticker symbol ICD — from the NYSE. Trading in the Company’s common stock will be suspended immediately. NYSE Regulation reached its decision to delist the Company’s common stock pursuant to Section 802.01B of the NYSE’s Listed Company Manual bec

AM Best Upgrades Issuer Credit Ratings of Genworth Financial, Inc. and Genworth Holdings, Inc., Affirms Credit Ratings of U.S. Life Subsidiaries

Lastest from Businesswire - Wed, 08/28/2024 - 18:13
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “bb-” (Fair) from “b+” (Marginal) of Genworth Financial, Inc. [NYSE: GNW] and Genworth Holdings, Inc. (both domiciled in Delaware), as well their Long-Term Issue Credit Ratings (Long-Term IRs). The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed list of the Long-Term IRs.) In addition, AM Best affirmed the Financial Strength Rating (FSR) of B- (Fair) and th

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