Feed aggregator

Fortegra Completes Acquisition by DB Insurance

Lastest from Businesswire - Fri, 05/29/2026 - 17:42
JACKSONVILLE, Fla.--(BUSINESS WIRE)--The Fortegra Group, Inc. ("Fortegra"), a global specialty insurance company, today announced the completion of its acquisition by DB Insurance Co., Ltd. ("DB"), one of Korea's leading property and casualty insurers. The transaction, announced on September 26, 2025, received all required regulatory and stockholder approvals. Fortegra will operate independently, maintaining its existing leadership team, distribution relationships, and underwriting discipline.

State Street to Speak at the Morgan Stanley U.S. Financials Conference

Lastest from Businesswire - Fri, 05/29/2026 - 17:42
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) announced today that its Chief Financial Officer, John Woods, will present at the Morgan Stanley U.S. Financials Conference in New York, NY on Wednesday, June 10, 2026 at approximately 1:45 pm ET. An audio webcast of the event will be accessible on the home page of State Street’s Investor Relations website, https://investors.statestreet.com/. A recorded replay will be available on the Investor Relations website later that day, for ap

Principal Real Estate Income Fund Announces Notification of Sources of Distribution

Lastest from Businesswire - Fri, 05/29/2026 - 17:42
DENVER--(BUSINESS WIRE)--The Principal Real Estate Income Fund (NYSE:PGZ) announces the sources of a distribution paid on May 29, 2026 of $0.1050 per share to shareholders of record at the close of business on May 14, 2026, pursuant to the Fund's managed distribution plan. This press release is issued as required by an exemptive order granted to the Fund by the U.S. Securities and Exchange Commission and includes the notice below sent to shareholders regarding the source of the distribution. St

PGIM Closed-End Funds Declare Distributions for June, July and August 2026

Lastest from Businesswire - Fri, 05/29/2026 - 17:42
NEWARK, N.J.--(BUSINESS WIRE)--PGIM High Yield Bond Fund, Inc. (NYSE: ISD), PGIM Global High Yield Fund, Inc. (NYSE: GHY) and PGIM Short Duration High Yield Opportunities Fund (NYSE: SDHY) declared today monthly distributions for June, July and August 2026. The distribution amounts and schedule for each fund appears below: Fund Name Ticker Distribution Per Share Change from Prior Distribution PGIM High Yield Bond Fund, Inc. ISD $0.105 – PGIM Global High Yield Fund, Inc. GHY $0.105 – PGIM Short

MFS Announces Final Closed-End Fund Distributions and Timing of Reorganization for Certain Funds

Lastest from Businesswire - Fri, 05/29/2026 - 17:42
BOSTON--(BUSINESS WIRE)--MFS Announces Final Closed-End Fund Distributions and Timing of Reorganization for Certain Funds

Blackstone Credit & Insurance Announces Extension of Reinvestment Period Ahead of May 31, 2027, Scheduled Dissolution Date for Blackstone Senior Floating Rate 2027 Term Fund

Lastest from Businesswire - Fri, 05/29/2026 - 17:42
NEW YORK--(BUSINESS WIRE)--Blackstone Senior Floating Rate 2027 Term Fund (NYSE: BSL, the “Fund”) announced that the Fund’s Board of Trustees (the “Board”) approved an extension of the Fund’s reinvestment period (the “Extension”). The Fund continues to have a limited term and is scheduled to dissolve on or about May 31, 2027 (the “Dissolution Date”). The Extension will permit the Fund to continue to reinvest proceeds generated by maturities, prepayments and sales of investments until the effect

KKR to Present at the Morgan Stanley US Financials Conference

Lastest from Businesswire - Fri, 05/29/2026 - 17:42
NEW YORK--(BUSINESS WIRE)--KKR & Co. Inc. (NYSE: KKR) announced today that Raj Agrawal, Partner and Global Head of Real Assets, will present at the Morgan Stanley US Financials Conference on Wednesday, June 10, 2026 at 8:15 AM ET. A live webcast of the presentation will be available on the Investor Center section of KKR’s website at https://ir.kkr.com/events-presentations/. For those unable to listen to the live webcast, a replay will be available on the website shortly after the event. Any

Essex Property Trust to Present at The 2026 Nareit REITweek Conference

Lastest from Businesswire - Fri, 05/29/2026 - 17:42
SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that Angela L. Kleiman, President and CEO, will be participating in a roundtable presentation at the 2026 Nareit REITweek Conference on Wednesday, June 3, 2026 at 2:00 p.m. Eastern Time. To listen to the panel, please visit the webcast link under the latest events section of the Company’s Investors website at www.essex.com. An archive of the webcast will be available for thirty days following the event. A

Pacific Coast Oil Trust Announces Monthly Net Profits Interest Calculations

Lastest from Businesswire - Fri, 05/29/2026 - 17:42
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 May 27, 2026 based on the Trust’s calculation of net profits generated during March 2026 (the “Current Month”) as provided in the conveyance of net profits interests and overriding royalty interest (the “Conveyance”). As further descr

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

Lastest from Businesswire - Fri, 05/29/2026 - 17:42
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: June 1, 2026 Record Date: June 1, 2026 Payable Date: June 2, 2026 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount   ACTIVELY MANAGED EXCHANGE-TRADED FUNDS   First Trust Exchange-Traded Fund ACYN NYSE Arca FT Vest Lad

Triumph Announces Dividend for 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock

Lastest from Businesswire - Fri, 05/29/2026 - 17:42
DALLAS--(BUSINESS WIRE)--TFIN announces quarterly cash dividend on preferred shares.

Asana to Present at Upcoming Investor Events

Lastest from Businesswire - Fri, 05/29/2026 - 17:42
SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), the operating system for human-agent teams, today announced that Asana’s executives will present at the following investor events: Bank of America 2026 Global Technology Conference on June 2, 2026 at 10:40 a.m. PT / 1:40 p.m. ET Baird 2026 Global Consumer, Technology & Services Conference on June 4, 2026 at 6:40 a.m. PT / 9:40 a.m. ET Asana Investor Webinar: OS for Human-Agent Teams - Strategy and Innovation Showcase on J

Tiptree and Warburg Pincus Announce Closing of Fortegra Sale

Lastest from Businesswire - Fri, 05/29/2026 - 17:42
GREENWICH, Conn.--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ: TIPT) (the “Company” or “Tiptree”) and Warburg Pincus LLC (“Warburg Pincus”) today announced the successful closing of the previously disclosed sale of The Fortegra Group, Inc. (“Fortegra”), a leading specialty insurer, to DB Insurance Co., Ltd., Korea’s leading property and casualty insurer. “We are pleased to have successfully completed the sale of Fortegra, which represents the culmination of a multi-year strategy to build and scale a

AM Best Affirms Credit Ratings of Republic Insurance Company (Cayman) Limited

Lastest from Businesswire - Fri, 05/29/2026 - 17:42
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Republic Insurance Company (Cayman) Limited (Republic Insurance) (Cayman Islands). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Republic Insurance’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise r

ANGI Investors Have Opportunity to Join Angi Inc. Fraud Investigation with the Schall Law Firm

Lastest from Businesswire - Fri, 05/29/2026 - 17:42
LOS ANGELES--(BUSINESS WIRE)---- $ANGI--ANGI Investors Have Opportunity to Join Angi Inc. Fraud Investigation with the Schall Law Firm

Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

Lastest from Businesswire - Fri, 05/29/2026 - 14:42
BOSTON--(BUSINESS WIRE)--The Eaton Vance closed-end funds listed below released today the estimated sources of their May distributions (each a “Fund”). This press release is issued as required by the Funds’ managed distribution plan (Plan) and an exemptive order received from the U.S. Securities and Exchange Commission. The Board of Trustees has approved the implementation of the Plan to make monthly, as noted below, cash distributions to common shareholders, stated in terms of a fixed amount p

GID Residential Partners Strengthens National Expansion With Boston Entry

Lastest from Businesswire - Fri, 05/29/2026 - 14:42
NEW YORK--(BUSINESS WIRE)--GID, a vertically-integrated real estate owner, operator, developer and investor with $32.8 billion in assets under management, today announced the continued expansion of GID Residential Partners, its national development platform, with a strategic entry into the Boston market. The initiative will be led by industry veteran Chris Spendley, who joins the firm as Managing Director. Building on GID’s longstanding multifamily development experience, the growth within Bost

Zehl & Associates Monitoring Deadly Oak Cliff Apartment Explosion in Dallas

Lastest from Businesswire - Fri, 05/29/2026 - 14:42
DALLAS--(BUSINESS WIRE)--Dallas Fire-Rescue crews are investigating and searching debris in the wake of the May 28th natural gas explosion at a residential apartment building in Oak Cliff near Dallas' Bishop Arts District, and the experienced trial attorneys of respected Texas-based personal injury law firm Zehl & Associates are monitoring the situation closely. The most recent reports list three dead, including a child, and at least four injured. The cause of the fire remains under investi

UPWK Investors Have Opportunity to Join Upwork Inc. Fraud Investigation with the Schall Law Firm

Lastest from Businesswire - Fri, 05/29/2026 - 14:42
LOS ANGELES--(BUSINESS WIRE)---- $UPWK--UPWK Investors Have Opportunity to Join Upwork Inc. Fraud Investigation with the Schall Law Firm

ISS and Glass Lewis Support BIMIZCI’s Case for Change at Medallion Financial. Both Recommend Stockholders Vote on the BLUE Proxy Card FOR Election of Two BIMIZCI Nominees to Medallion Board

Lastest from Businesswire - Fri, 05/29/2026 - 14:42
MINNEAPOLIS--(BUSINESS WIRE)---- $MFIN #ActivistInvesting--BIMIZCI Fund LLC, Warnke Investments LLC, ZimCal Asset Management, LLC and Stephen Hodges (collectively, "BIMIZCI" or "we"), long-standing holders of Medallion Financial Corp. (NASDAQ: MFIN) ("Medallion" or the "Company") trust preferred securities and currently the 4th largest institutional stockholder with 500,250 shares, announced today that both leading independent proxy advisory firms, Institutional Shareholder Services ("ISS") and Glass, Lewis & Co. ("Gla

Pages