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KBRA Assigns Preliminary Ratings to RCKT Mortgage Trust 2025-CES12 (RCKT 2025-CES12)
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 20 classes of mortgage-backed notes from RCKT Mortgage Trust 2025-CES12 (RCKT 2025-CES12). RCKT Mortgage Trust 2025-CES12 (RCKT 2025-CES12) is a $499.3 million RMBS transaction, as of the cut-off date, sponsored by Woodward Capital Management LLC, a wholly owned affiliate of Rocket Mortgage, LLC, and Blue River Mortgage VI LLC, and consists entirely of newly originated closed-end second lien mortgages (CES; 100.0%). The underlying p
Virtus Convertible & Income Fund II Announces Quarterly Distribution: 5.500% Series A Cumulative Preferred Shares
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Convertible & Income Fund II (NYSE: NCZ) announced today that it has declared a $0.34375 per share cash distribution payable on December 31, 2025 to Series A cumulative preferred shareholders of record on December 11, 2025. The Series A Cumulative Preferred Shares, which trade on the New York Stock Exchange under the symbol NCZ PR A, are rated “A” by Fitch Ratings and have an annual dividend rate of $1.375 per share. The 4,360,000 Series A Cumulative
MFS Announces Closed-End Fund Distributions
BOSTON--(BUSINESS WIRE)--MFS Announces Closed-End Fund Distributions for December 2025
MetLife Completes $10 Billion Variable Annuity Risk Transfer Transaction
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced it has completed its previously announced $10 billion variable annuity risk transfer transaction with Talcott Resolution Life Insurance Company (Talcott), a life insurance and annuities subsidiary of Talcott Financial Group. Expected foregone annual adjusted earnings total of approximately $100 million will be partially offset by annual hedge cost savings of approximately $45 million. The transaction reduces portfolio risk, ac
Onslow Bay Closes 100th Residential Whole Loan Securitization
NEW YORK--(BUSINESS WIRE)--Onslow Bay Closes 100th Residential Whole Loan Securitization
Virtus Convertible & Income Fund Announces Quarterly Distribution: 5.625% Series A Cumulative Preferred Shares
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Convertible & Income Fund (NYSE: NCV) announced today that it has declared a $0.3515625 per share cash distribution payable on December 31, 2025 to Series A cumulative preferred shareholders of record on December 11, 2025. The Series A Cumulative Preferred Shares, which trade on the New York Stock Exchange under the symbol NCV PR A, are rated “A” by Fitch Ratings and have an annual dividend rate of $1.40625 per share. The 4,000,000 Series A Cumulativ
Acadian Asset Management Inc. Completes Refinancing and Redemption of 2026 Senior Notes
BOSTON--(BUSINESS WIRE)--Acadian Asset Management Inc. (NYSE: AAMI) today announced the completion of the redemption of all $275 million aggregate principal amount outstanding of its 4.800% Senior Notes due July 27, 2026. The redemption was funded through a combination of a previously disclosed $200 million term loan facility and cash on hand. As previously disclosed, on October 28, 2025, and in connection with the redemption, Acadian Asset Management LLC, the Company's majority-owned subsidiar
Vestis Reports Fourth Quarter and Full-Year 2025 Results and Announces Strategic Business Transformation
ATLANTA--(BUSINESS WIRE)--Vestis Corporation (NYSE: VSTS), a leading provider of uniforms and workplace supplies, today announced its results for the fiscal fourth quarter and full-year periods ended October 3, 2025, both of which reflect an additional week of operations when compared to the same prior year period. Fourth Quarter 2025 Results Revenue of $712 million Operating Income of $18 million Net Loss of $13 million, or $(0.10) per diluted share Adjusted Net Income* of $4 million, or $0.03
Paycom to Present at the Barclays Global Technology Conference
OKLAHOMA CITY--(BUSINESS WIRE)--Paycom Software, Inc. (“Paycom”) (NYSE: PAYC), a leading provider of comprehensive, cloud-based human capital management software, today announced that the company will present at the Barclays Global Technology Conference on Dec. 10 in San Francisco. Event Details: Barclays Global Technology Conference Date: Dec. 10 Time: 2:30 p.m. (Pacific) Location: San Francisco A live webcast of the presentation will be available at investors.paycom.com under the “Events” tab
ZoomInfo Investigation Initiated By Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of ZoomInfo Technologies, Inc. – GTM, ZI
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into ZoomInfo Technologies, Inc. (NasdaqGS: GTM). On August 5, 2024, the Company announced its financial results for 2Q2024, disclosing that it incurred a $33 million charge due to non-payments from customers and had been forced to implement a “new business risk model” to redu
Overlay Shares Announces Change to Investment Objective and Strategy for the Overlay Shares Hedged Large Cap Equity ETF (OVLH)
ATLANTA--(BUSINESS WIRE)--OVLH will change its investment objective and revise its principal investment strategies effective December 31, 2025.
E*TRADE from Morgan Stanley Releases Monthly Sector Rotation Study
NEW YORK--(BUSINESS WIRE)--E*TRADE from Morgan Stanley today released the data from its monthly sector rotation study, based on the E*TRADE customer notional net percentage buy/sell behavior for stocks that comprise the S&P 500 sectors. About E*TRADE from Morgan Stanley and Important Notices E*TRADE from Morgan Stanley provides financial services to retail customers. Securities products and advisory services offered by Morgan Stanley Smith Barney LLC, Member SIPC and a Registered Investment
Beauty Health Investigation Initiated By Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of The Beauty Health Company - SKIN
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into The Beauty Health Company (“Beauty Health” or the “Company”) (NasdaqCM: SKIN). In November 2023, the Company announced its financial results for the third quarter of 2023, disclosing that “[t]he quarter was overshadowed by lower-than-expected U.S. revenue and $63.1 millio
First U.S. Community Credit Union Welcomes Victor Mendoza as Chief Information Officer
SACRAMENTO, Calif.--(BUSINESS WIRE)-- #banking--First U.S. Community Credit Union has named Victor Mendoza, CCUE as Senior Vice President, Chief Information Officer (CIO) to serve on the Executive Leadership Team and lead information systems and security, programming, and information technology operations. Mendoza brings more than 20 years of progressive leadership experience in IT within the credit union industry. Most recently serving as Vice President, Information Technology at UNCLE Credit Union, he h
VanEck Further Extends Fee Waiver for HODL, Still the Only Zero-Fee* Bitcoin ETP
NEW YORK--(BUSINESS WIRE)--VanEck again extends the fee waiver for its VanEck Bitcoin ETF (HODL).
Cannon Hill Capital Partners and TriPost Capital Partners Announce Strategic Partnership
NEW YORK--(BUSINESS WIRE)--Cannon Hill Capital Partners (“Cannon Hill”), a vertically-integrated real estate firm, today announced it has entered into a strategic partnership with TriPost Capital Partners (“TriPost”). The capital investment will allow Cannon Hill to scale its acquisition activities in New York City, Boston and Washington, D.C., with a focus on distressed office properties. The partnership will enable the acquisition of up to $1.5 billion in strategic office assets over the next
Clipbook Raises $3.3 Million Seed Round to Build the Leading Vertical AI Platform for Communications
SAN FRANCISCO--(BUSINESS WIRE)--Clipbook, the leading vertical AI platform for strategic communications and public affairs, has announced the closing of a $3.3 million seed round, co-led by Mark Cuban, Commonweal Ventures, and Carpenter Capital. The funding round includes participation from world-leading executives and operators in communications, media, technology, and government, including: Danny Werfel, former IRS Commissioner and Boston Consulting Group Global Head of Public Sector Dan Pfei
ICR Appoints Mónica Jiménez González as Principal for Latin America, Expanding the Reach of Its Governance and Shareholder Advisory Capabilities
NEW YORK--(BUSINESS WIRE)-- #ICR--ICR, a leading strategic communications and advisory firm, today announced that Mónica Jiménez González has joined the firm’s Governance and Shareholder Advisory practice as Principal for Latin America, based in Bogotá, Colombia. Under the leadership of Gabriel Hasson, Global Head of Governance and Shareholder Advisory, Ms. Jiménez will provide strategic counsel across governance, sustainability, shareholder engagement and activism preparedness, drawing on her more th
Great American Insurance Group’s Environmental Division Collaborates with Great American’s División Daños México to Offer Pollution Coverage in Mexico
CINCINNATI--(BUSINESS WIRE)--Great American’s Environmental Division is pleased to announce a collaboration with División Daños México to expand its product offerings into Mexico.
Red White & Blue Thrift Store Opens San Diego Location
SAN DIEGO--(BUSINESS WIRE)--Red White & Blue Thrift Store announced today that its new store at 1655 Euclid Ave. will open to shoppers at 9 a.m. on Thursday, December 4, following an 8:45 a.m. ribbon-cutting ceremony. The celebration will continue throughout the weekend with complimentary refreshments, giveaways, and more. "We are thrilled to announce the opening of our newest Red White & Blue Thrift Store location, further extending our mission of offering high-quality, sustainable sho
