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KBRA Assigns Preliminary Ratings to OBX 2025-NQM4 Trust

Lastest from Businesswire - Wed, 03/05/2025 - 18:54
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to six classes of mortgage-backed notes from OBX 2025-NQM4 Trust, a $625.8 million non-prime RMBS transaction. The underlying collateral, comprising 1,112 residential mortgages, is characterized by a notable concentration of alternative income documentation (90.0%) loans. Most of the loans are classified as non-qualified mortgages (Non-QM) (47.1%) or exempt (37.5%) from the Ability-to-Repay/Qualified Mortgage (ATR/QM) rule due to being

TriplePoint Venture Growth BDC Corp. Announces Fourth Quarter and Fiscal Year 2024 Financial Results

Lastest from Businesswire - Wed, 03/05/2025 - 18:54
MENLO PARK, Calif.--(BUSINESS WIRE)--TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the “Company,” “TPVG,” “we,” “us,” or “our”), a leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2024 and the declaration by its Board of Directors of its first quarter 2025 distribution of $0.30 per share

Pacific Coast Oil Trust Announces Monthly Net Profits Interest Calculations

Lastest from Businesswire - Wed, 03/05/2025 - 18:54
HOUSTON--(BUSINESS WIRE)--PACIFIC COAST OIL TRUST (OTC–ROYTL) (the “Trust”), a royalty trust formed by Pacific Coast Energy Company LP (“PCEC”), announced today that there will be no cash distribution to the holders of its units of beneficial interest of record on February 28, 2025 based on the Trust’s calculation of net profits generated during December 2024 (the “Current Month”) as provided in the conveyance of net profits interests and overriding royalty interest (the “Conveyance”). As furth

MetLife Confirms First Quarter 2025 Series A Preferred Stock Dividend

Lastest from Businesswire - Wed, 03/05/2025 - 18:54
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced that it has confirmed its previously announced declaration of the first quarter 2025 dividend of $0.35516415 per share on the company’s floating rate non-cumulative preferred stock, Series A, with a liquidation preference of $25 per share (NYSE: MET PRA). The New York Stock Exchange has not yet set an ex-dividend date for the Series A preferred stock. Following this confirmatory announcement, the New York Stock Exchange will s

Ameris Bank Contributes $2 Million to Florida ‘Live Local’ Program

Lastest from Businesswire - Wed, 03/05/2025 - 18:54
ATLANTA--(BUSINESS WIRE)--Ameris Bank is contributing $2 million to the Florida Housing Finance Corporation for the Live Local Program which provides low-interest loans for the development of quality affordable housing in the state. “The need for affordable housing is great, and Ameris is pleased to participate in the Live Local Program to benefit workers who want to live close to their jobs, as well as elders and low-income families who are facing particular strain from the tight housing suppl

Virtus Convertible & Income Fund Announces Quarterly Distribution: 5.625% Series A Cumulative Preferred Shares

Lastest from Businesswire - Wed, 03/05/2025 - 18:54
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 March 31, 2025 to Series A cumulative preferred shareholders of record on March 17, 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 Cumulative Pref

RG Group Holdco, LLC Announces Departure of CEO W. Craig Barber

Lastest from Businesswire - Wed, 03/05/2025 - 18:54
NASHVILLE, Tenn.--(BUSINESS WIRE)--RG Group Holdco, LLC, a majority owned portfolio company of Cannae Holdings, Inc. (“Cannae”), today announced that W. Craig Barber will depart his position as Chief Executive Officer. RG Group Holdco owns two casual dining brands - Ninety Nine Restaurants & Pub and O’Charley’s Restaurant + Bar – along with Restaurant Growth Services which provides support services to the brands (collectively, the “Company”). Cannae is grateful for Craig's commitment over t

First Trust Specialty Finance and Financial Opportunities Fund Announces Mailing of Proxy Materials for Special Meeting of Shareholders

Lastest from Businesswire - Wed, 03/05/2025 - 18:54
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that proxy materials for the proposed reorganization of First Trust Specialty Finance and Financial Opportunities Fund (NYSE: FGB), a closed-end fund managed by FTA, with and into FT Confluence BDC & Specialty Finance Income ETF (the “ETF”), a newly formed series of First Trust Exchange-Traded Fund VIII (the “Reorganization”) have been mailed to shareholders. Shareholders of record of FGB as of the close of bu

Forge Global Holdings, Inc. Reports Fourth Quarter and Fiscal Year 2024 Results

Lastest from Businesswire - Wed, 03/05/2025 - 18:54
SAN FRANCISCO--(BUSINESS WIRE)--Forge Global Holdings, Inc. (“Forge,” or the “Company”) (NYSE: FRGE), a leading private securities marketplace, today announced its financial results for the quarter and year ended December 31, 2024. "We closed out 2024 with 13% year-over-year growth and a strong pipeline,” said Forge CEO Kelly Rodriques. "Our year-over-year revenue improvement included a 46% increase in marketplace revenues, which grew to $37.0 million. As Q4 came in near-even to Q3, I’m happy t

Core Scientific Announces February 2025 Production and Operations Updates

Lastest from Businesswire - Wed, 03/05/2025 - 18:54
AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ--Core Scientific, Inc. (Nasdaq: CORZ) ("Core Scientific" or “the Company”), a leader in digital infrastructure for high-performance computing and bitcoin mining, today released unaudited production and operations updates for February 2025. Key Metrics Summary (unaudited) Metric February 2025 January 2025 Self-Mining Bitcoin Earned1 215 256 Hosting Bitcoin Earned by Customers2 16 17 Average Self-Mined Bitcoin Earned/Day 7.7 8.3 Self-Mining Energized Hash rate3 18.4

Virtus Convertible & Income Fund II Announces Quarterly Distribution: 5.500% Series A Cumulative Preferred Shares

Lastest from Businesswire - Wed, 03/05/2025 - 18:54
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 March 31, 2025 to Series A cumulative preferred shareholders of record on March 17, 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 Prefe

Yext Announces Fourth Quarter Fiscal 2025 Results

Lastest from Businesswire - Wed, 03/05/2025 - 18:54
NEW YORK--(BUSINESS WIRE)--Yext, Inc. (NYSE: YEXT), the leading digital presence platform for multi-location brands, today announced its results for the three months ended January 31, 2025, or Yext's fourth quarter and fiscal year ended January 31, 2025. For more detailed information on Yext's operating and financial results for the fourth quarter fiscal 2025, fiscal year ended January 31, 2025, as well as Yext's outlook for its first quarter ending April 30, 2025 and fiscal year 2026, please r

KBRA Assigns Preliminary Ratings to GS Mortgage-Backed Securities Trust 2025-CES1 (GSMBS 2025-CES1)

Lastest from Businesswire - Wed, 03/05/2025 - 18:54
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 8 classes of mortgage-backed notes from GS Mortgage-Backed Securities Trust 2025-CES1 (GSMBS 2025-CES1), a $310.6 million RMBS transaction sponsored by Goldman Sachs Mortgage Company, entirely of closed-end second lien mortgages (CES; 100.0%). The underlying pool is seasoned approximately 9 months and comprises 4,214 loans, with AmeriSave Mortgage Corporation (44.2%) as the largest contributing originator. The collateral is characte

Franklin Resources, Inc. Announces Preliminary Month-End Assets Under Management

Lastest from Businesswire - Wed, 03/05/2025 - 18:54
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Resources, Inc. (Franklin Templeton) (NYSE: BEN) today reported preliminary month-end assets under management (AUM) of $1.58 trillion at February 28, 2025, compared to $1.58 trillion at January 31, 2025. This month’s AUM reflected the impact of positive markets, partially offset by preliminary long-term net outflows of $10 billion, inclusive of $10 billion of long-term net outflows at Western Asset Management.1 Excluding Western Asset Management, pre

BGSF, Inc. Announces Timing of Fourth Quarter and Fiscal Year 2024 Results and Earnings Conference Call

Lastest from Businesswire - Wed, 03/05/2025 - 18:54
PLANO, Texas--(BUSINESS WIRE)--BGSF, Inc. (NYSE: BGSF), a growing provider of consulting, managed services and workforce solutions, today announces that it will release its fourth quarter and fiscal year 2024 results on Wednesday, March 12, 2025, after the market close. In conjunction with the release, management will host an earnings conference call, a live teleconference, and a webcast at 9:00 am ET on Thursday, March 13, 2025. Interested participants may dial 1-844-481-3017 (Toll-Free) or 1-

RKLB INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Rocket Lab USA, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Lastest from Businesswire - Wed, 03/05/2025 - 18:54
NEW YORK--(BUSINESS WIRE)---- $RKLB #ClassAction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Rocket Lab USA, Inc. (“Rocket Lab” or “the Company”) (NASDAQ: RKLB) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Rocket

TTD INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that The Trade Desk, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Lastest from Businesswire - Wed, 03/05/2025 - 18:54
NEW YORK--(BUSINESS WIRE)---- $TTD #ClassAction--Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against The Trade Desk, Inc. (“Trade Desk” or “the Company”) (NASDAQ: TTD) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Trade

FIS to Present at Upcoming Conference

Lastest from Businesswire - Wed, 03/05/2025 - 18:54
JACKSONVILLE, Fla.--(BUSINESS WIRE)--FIS will present at the Wolfe Research FinTech Forum

Media Advisory: FHLB Dallas and Texas Capital Bank Award $100K Grant to Local Initiatives Support Corporation Houston

Lastest from Businesswire - Wed, 03/05/2025 - 18:54
HOUSTON--(BUSINESS WIRE)--Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Texas Capital Bank will award $100,000 in Heirs’ Property Program grants to the Local Initiatives Support Corporation Houston (LISC) during a ceremonial check presentation this week. Funds will be used to expand and preserve homeownership in Harris County. The media is encouraged to attend the check presentation, which will include representatives from the banks and LISC. Learn more about the F

TTD CLASS ACTION NOTICE: Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit On Behalf Of The Trade Desk, Inc. Investors

Lastest from Businesswire - Wed, 03/05/2025 - 15:54
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), announces that it has filed a class action lawsuit in the United States District Court for the Central District of California, captioned Savorelli v. The Trade Desk, Inc., et al., Case No. 25-cv-01915, on behalf of persons and entities that purchased or otherwise acquired The Trade Desk, Inc. (“Trade Desk” or the “Company”) (NASDAQ: TTD) Class A common stock or call options, or sold Trade Desk put options between May 9, 2024

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