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Fifth Third to Acquire Fannie Mae DUS Business Line; Expanding Multifamily Financing Capabilities

Lastest from Businesswire - Tue, 12/09/2025 - 18:18
CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (NASDAQ: FITB) today announced a strategic acquisition that will enhance its ability to finance multifamily housing across the United States. The Bank has entered into a definitive agreement to acquire Mechanics Bank’s Delegated Underwriting and Servicing (DUS) business line, which includes its experienced team and a $1.8 billion unpaid principal balance servicing portfolio. “This acquisition strengthens Fifth Third’s leadership in commercial rea

First Trust Announces Approval of Liquidation of the First Trust RiverFront Dynamic Europe ETF

Lastest from Businesswire - Tue, 12/09/2025 - 18:18
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today approval of the liquidation of First Trust RiverFront Dynamic Europe ETF (Nasdaq: RFEU), a series of First Trust Exchange-Traded Fund III (the “Fund”). Based upon the recommendation of FTA, the investment advisor of the Fund, the Board of Trustees of First Trust Exchange-Traded Fund III determined that it was in the best interests of the Fund to liquidate the Fund. Accordingly, the Board of Trustees approved the l

Board of First Trust Senior Floating Rate Income Fund II Approves Conversion into an ETF

Lastest from Businesswire - Tue, 12/09/2025 - 18:18
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the Board of Trustees of First Trust Senior Floating Rate Income Fund II (NYSE: FCT), a closed-end fund managed by FTA, approved the reorganization (the “Reorganization”) of FCT into First Trust Flexible Income ETF, a newly created exchange-traded fund (“ETF”) that will be traded on the NYSE and will be an actively managed ETF managed by FTA. Under the terms of the Reorganization, which is expected to be tax‑

Duff & Phelps Utility and Infrastructure Fund Inc. Discloses Sources of Distribution – Section 19(a) Notice

Lastest from Businesswire - Tue, 12/09/2025 - 18:18
CHICAGO--(BUSINESS WIRE)--The Board of Directors of Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE: DPG), a closed-end fund advised by Duff & Phelps Investment Management Co., previously announced the following monthly distribution on September 18, 2025: Per Share Amount Ex-Date Record Date Payable Date $0.07 November 28, 2025 November 28, 2025 December 10, 2025 The Fund adopted a managed distribution plan (the “Plan”) in 2015. Under the Plan, the Fund will distribute all avai

Braze Reports Fiscal Third Quarter 2026 Results

Lastest from Businesswire - Tue, 12/09/2025 - 18:18
NEW YORK--(BUSINESS WIRE)--Braze (Nasdaq: BRZE), the leading customer engagement platform that empowers brands to Be Absolutely Engaging™, today announced results for its fiscal quarter ended October 31, 2025. “This was another standout quarter for Braze, with 25.5% revenue growth and strong profitability, proving the strength of our model,” said Bill Magnuson, Cofounder and CEO of Braze. “We introduced a wave of innovation across BrazeAI™, including BrazeAI Operator™, BrazeAI Agent Console™ an

Morgan Stanley China A Share Fund, Inc. Declares a Dividend

Lastest from Businesswire - Tue, 12/09/2025 - 18:18
NEW YORK--(BUSINESS WIRE)--The Morgan Stanley China A Share Fund, Inc. (the “Fund”) today declared the following dividend. RECORD DATE 12/19/25 PAYABLE DATE 12/29/25   Name of Closed-End Fund NYSE Ticker  Net Investment Income Per Share Morgan Stanley China A Share Fund, Inc. CAF $0.262949  For more information call: 1-800-231-2608. The amount of net investment income to be paid by the Fund is determined in accordance with federal income tax regulations. It is possible that all or a portion of

Schlichter Bogard Opens Chicago Office

Lastest from Businesswire - Tue, 12/09/2025 - 18:18
CHICAGO--(BUSINESS WIRE)-- #401k--Schlichter Bogard, a law firm whose national practice is based in St. Louis, Missouri, has announced the opening of a Chicago office, effective December 1st. The Firm’s expansion into Chicago reflects the Firm’s continued strategic growth and increasing demand for its attorneys’ services throughout the Midwest and beyond. Schlichter Bogard’s Chicago office will be staffed by Chicago-based attorneys who will serve the Firm’s clients in Chicago and throughout the country

Certain Morgan Stanley Closed-End Funds Declare Year-End Dividends

Lastest from Businesswire - Tue, 12/09/2025 - 18:18
NEW YORK--(BUSINESS WIRE)--Each of the Morgan Stanley closed-end funds listed below (the “Funds”) today declared the following dividends. RECORD DATE PAYABLE DATE 12/19/25 1/15/26       Name of Closed-End Fund     NYSE Ticker     Net Investment Income Per Share     Short-Term Capital Gains Per Share   Long-Term Capital Gains Per Share Morgan Stanley Emerging Markets Debt Fund, Inc. MSD $0.15* (Quarterly) -- -- Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. EDD $0.13* (Quarterly) -- --

CreatorIQ Customers Diversified Creator-Led Investment and Growth in 2025, Activating 70% More Campaigns and Increasing Creator Payments 79% YoY

Lastest from Businesswire - Tue, 12/09/2025 - 18:18
LOS ANGELES--(BUSINESS WIRE)--CreatorIQ, the global operating system for creator-led growth, today released its annual CreatorIQ Wrapped report summarizing how brand and agency customers performed across the platform in 2025. As the operating system powering creator marketing for more than 1,300 customers worldwide, CreatorIQ is uniquely qualified to quantify the growth of creator-led marketing at global scale. For this analysis, CreatorIQ aggregated its first-party social platform intelligence

Talroo Builds Momentum from Transformational 2025, Enters 2026 with Award-Winning Innovation and Measurable Hiring Gains

Lastest from Businesswire - Tue, 12/09/2025 - 18:18
AUSTIN, Texas--(BUSINESS WIRE)-- #HRTech--Talroo, a data-driven talent matching platform for frontline and skilled trades hiring, today highlighted the momentum generated throughout a transformational 2025 as the company enters 2026 positioned for continued growth, innovation, and customer impact. Building on a CEO transition earlier this year, Talroo strengthened its leadership position by delivering measurable hiring outcomes while expanding its ecosystem of applicant tracking system (ATS) and HR techn

KBRA Assigns Preliminary Ratings to New Residential Mortgage Loan Trust 2025-NQM7 (NRMLT 2025-NQM7)

Lastest from Businesswire - Tue, 12/09/2025 - 18:18
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 10 classes of mortgage-backed notes from New Residential Mortgage Loan Trust 2025-NQM7 (NRMLT 2025-NQM7), a $493.7 million non-prime RMBS transaction sponsored by Rithm Capital Corp. (formerly New Residential Investment Corp.), a publicly traded (NYSE: RITM) real estate investment trust (REIT). The underlying mortgages in the subject pool were primarily originated by NewRez LLC (48.7%) and Champions Funding, LLC (16.1%). In addition

Barings Global Short Duration High Yield Fund Announces December 2025 Monthly Distribution of $0.1223 per Share

Lastest from Businesswire - Tue, 12/09/2025 - 18:18
CHARLOTTE, N.C.--(BUSINESS WIRE)--The Barings Global Short Duration High Yield Fund (the “Fund”) (NYSE: BGH) announced its monthly dividend for December 2025 of $0.1223 per share, payable on January 2, 2026. Based on the Fund’s November 28, 2025 share price of $15.18 per share, the dividend represents an annualized yield of 9.67% per share. Based on current projections through the payable date, the Fund expects that this dividend will be comprised of net investment income. In addition, the Fund

GAUZ Investors Have Opportunity to Lead Gauzy Ltd. Securities Fraud Lawsuit with the Schall Law Firm

Lastest from Businesswire - Tue, 12/09/2025 - 18:18
LOS ANGELES--(BUSINESS WIRE)---- $GAUZ--GAUZ Investors Have Opportunity to Lead Gauzy Ltd. Securities Fraud Lawsuit with the Schall Law Firm

Holiday Gifting Going Digital: Wells Fargo Study Reveals Growing Trend

Lastest from Businesswire - Tue, 12/09/2025 - 15:18
SAN FRANCISCO--(BUSINESS WIRE)--A new Wells Fargo survey released today finds younger generations are driving a major shift toward digital cash gifts and holiday tips — favoring convenience and choice over traditional wrapped presents. Insights from the consumer survey look into the ways people give holiday gifts to family and friends, and holiday tips to service workers. The findings highlight gift giving and receiving preference. The study also reveals the median gift/tip to service workers i

Waverly Advisors Acquires Forefront Wealth Management

Lastest from Businesswire - Tue, 12/09/2025 - 15:18
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Waverly Advisors, LLC (“Waverly”), a federally registered investment adviser (“RIA”) that specializes in investment management, financial planning and wealth management solutions for a diverse group of high-net-worth individuals, corporate retirement plans and institutional clients, has acquired Forefront Wealth Management (“Forefront”), a wealth management firm located in Malvern, PA. This partnership supports Waverly’s growth strategy in the Mid-Atlantic mar

Membership Trends for the Employer-Group Medicare Advantage Market by Mark Farrah Associates

Lastest from Businesswire - Tue, 12/09/2025 - 15:18
CANONSBURG, Pa.--(BUSINESS WIRE)--MFA provided insights into the current employer-group Medicare Advantage market and assessed membership trends by carrier and state.

Generational Group Advises Yeary Controls in its Sale to Opus Water

Lastest from Businesswire - Tue, 12/09/2025 - 15:18
DALLAS--(BUSINESS WIRE)--Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of Yeary Controls to Opus Water. The acquisition closed in November 2025. Yeary Controls provides innovative control valves, actuators, and flow control accessories designed to perform under demanding operating conditions. Its technologies address challenges such as pressure regulation, noise reduction, and cavitation control. Yeary Control

Mainstay Healthcare Partners Expands Advisory Platform with Formation of Strategic Advisory Board Reflecting Its Philosophy of Deep, Experience-Driven Partnership

Lastest from Businesswire - Tue, 12/09/2025 - 15:18
BOSTON--(BUSINESS WIRE)--Mainstay Healthcare Partners (“Mainstay”), a strategic advisory and investment firm serving healthcare services and health technology companies, today announced the formation of its Strategic Advisory Board, bringing together industry-leading operators, investors and executive advisors who embody Mainstay’s philosophy of trusted, long-term partnership grounded in real operating experience. The creation of this team of strategic advisors reinforces Mainstay’s approach of

Zebec Integrates Privy’s Wallet Infrastructure Into Its Payroll SuperApp

Lastest from Businesswire - Tue, 12/09/2025 - 15:18
SAN FRANCISCO--(BUSINESS WIRE)--Zebec, the blockchain-powered payroll and real-time payments network, today announced the integration of Privy’s embedded wallet infrastructure into the Zebec SuperApp. The upgrade opens a path to connect Zebec’s stablecoin-based payroll and disbursement rails with Privy, a Stripe company’s, broader ecosystem. The integration gives employers and workers access to a frictionless, secure wallet experience inside the Zebec SuperApp, while aligning crypto onboarding

Dallas Judge Orders Bob Lovell to Pay More Than $5.7 Million in Workplace Sexual Harassment and Sexual Assault Case

Lastest from Businesswire - Tue, 12/09/2025 - 15:18
DALLAS--(BUSINESS WIRE)--In a landmark decision, a Dallas County Court at Law has ordered Robert “Bob” Lovell, the longtime owner and president of Home Marketing Services Inc. (HMS), to pay $5,740,095 in damages, fees, and interest after finding he repeatedly sexually harassed, sexually assaulted, and maliciously retaliated against a female employee he supervised. According to ALM’s VerdictSearch, the ruling is the third largest sexual harassment judgment ever in Texas for a single plaintiff. T

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