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AM Best Assigns Issue Credit Ratings to Ameriprise Financial, Inc.’s New Senior Unsecured Notes

Lastest from Businesswire - Thu, 06/11/2026 - 17:50
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Long-Term Issue Credit Rating of “a-” (Excellent) to Ameriprise Financial, Inc.’s (Ameriprise) (Minneapolis, MN) recently announced USD 300 million, 4.8% senior unsecured notes, due 2031, and the USD 450 million, 5.35% senior unsecured notes, due 2036. The outlook assigned to these Credit Ratings (ratings) is stable.Proceeds from the offering are being used for general corporate purposes, including the repayment of outstanding senior notes m

Barings Global Short Duration High Yield Fund Announces June 2026 Monthly Distribution of $0.1223 per Share

Lastest from Businesswire - Thu, 06/11/2026 - 17:50
CHARLOTTE, N.C.--(BUSINESS WIRE)--The Barings Global Short Duration High Yield Fund (the “Fund”) (NYSE: BGH) announced its monthly dividend for June 2026 of $0.1223 per share, payable on July 1, 2026. Based on the Fund’s May 29, 2026 share price of $14.18 per share, the dividend represents an annualized yield of 10.35% 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 announced

ADMA DEADLINE ALERT: Faruqi & Faruqi, LLP Reminds ADMA Biologics Investors of Securities Class Action Lawsuit Deadline on August 10, 2026

Lastest from Businesswire - Thu, 06/11/2026 - 17:50
NEW YORK--(BUSINESS WIRE)---- $ADMA #ADMA--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against ADMA Biologics, Inc. (“ADMA Biologics” or the “Company”) (NASDAQ: ADMA) and reminds investors of the August 10, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia.

GrayRobinson's National Alcohol Law Team Achieves Band 1 Ranking in 2026 Chambers USA Guide

Lastest from Businesswire - Thu, 06/11/2026 - 17:50
TAMPA, Fla.--(BUSINESS WIRE)--GrayRobinson is proud to announce its national Alcohol Law Team has once again earned the highest possible ranking – Band 1 for Food & Beverages: Alcohol in USA-Nationwide – by the 2026 Chambers USA Guide. This prestigious recognition reaffirms the team's position as the leading legal authority in the food and alcohol beverage space nationwide for nearly two decades. Further underscoring the team's expertise, two attorneys were individually recognized by the 20

Verra Mobility Corporation (VRRM) Investors: August 4, 2026, Deadline in Securities Fraud Class Action Lawsuit – Contact Kessler Topaz Meltzer & Check, LLP

Lastest from Businesswire - Thu, 06/11/2026 - 17:50
RADNOR, Pa.--(BUSINESS WIRE)-- #classaction--Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, informs investors that a securities fraud class action lawsuit has been filed against Verra Mobility Corporation (Verra) (NASDAQ: VRRM) on behalf of those who purchased or acquired Verra common stock between February 24, 2026 and May 26, 2026, inclusive. The lawsuit is filed in the United States District Court for the District of Arizona and is captioned O

Report From FINRA Board of Governors Meeting – June 2026

Lastest from Businesswire - Thu, 06/11/2026 - 17:50
WASHINGTON--(BUSINESS WIRE)--FINRA’s Board of Governors met on June 3-4 and approved four rule proposals as well as its 2025 Annual Financial Report. The Board also received several briefings, including on the FINRA enforcement program external review and request for comments on arbitration. The rule proposals approved by the Board reflect feedback from the FINRA Forward rule modernization initiative. FINRA Forward is a series of initiatives to improve FINRA’s effectiveness and efficiency in pu

Paragon Advances Registration-Ready CNS Asset Addressing Important Unmet Need and Closes Sale to Teva Pharmaceutical

Lastest from Businesswire - Thu, 06/11/2026 - 17:50
CHICAGO--(BUSINESS WIRE)--Paragon Biosciences today announced the closing of the sale of Emalex Biosciences to Teva Pharmaceutical, reinforcing Paragon's ability to build innovative biotechnology companies that deliver important treatments to the patients who need them. Emalex is another Paragon Biosciences-founded company built to develop a novel class of treatment for patients with central nervous system disorders, following in the footsteps of other successful Paragon companies such as Harmo

Pyxis Group, Principia Consulting, and CommodityAI Partner to Bring Agentic AI to Commodity Operations

Lastest from Businesswire - Thu, 06/11/2026 - 17:50
SAN FRANCISCO--(BUSINESS WIRE)--Pyxis Group, Principia Consulting, and CommodityAI Partner to Bring Agentic AI to Commodity Operations

Wolters Kluwer leads the next era of tax and accounting with agentic AI innovations at AICPA ENGAGE

Lastest from Businesswire - Thu, 06/11/2026 - 17:50
MINNEAPOLIS--(BUSINESS WIRE)--The tax and accounting profession is at a critical inflection point, driven by talent constraints, increasing regulatory complexity, and rising client expectations for more strategic, advisory-led services. As firms look to move beyond automation toward intelligence that can proactively manage and advance work, agentic AI is emerging as a defining capability. Wolters Kluwer Tax & Accounting is leading this shift, helping firms reimagine how work gets done throu

KBRA Assigns Preliminary Ratings to OBX 2026-NQM8 Trust

Lastest from Businesswire - Thu, 06/11/2026 - 17:50
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 13 classes of mortgage-backed notes from OBX 2026-NQM8 Trust, a $1.02 billion non-prime RMBS transaction. The underlying collateral, comprising 1,913 residential mortgages, with fixed-rate mortgages (FRMs) and hybrid adjustable-rate mortgages (ARMs) making up 95.1% and 4.9% of the pool, respectively. A majority of the loans are either classified as non-qualified mortgages (Non-QM; 40.0%) or exempt (54.1%) from the Ability-to-Repay/Q

ERAS DEADLINE ALERT: Faruqi & Faruqi, LLP Reminds Erasca (ERA) Investors of Securities Class Action Lawsuit Deadline on August 10, 2026

Lastest from Businesswire - Thu, 06/11/2026 - 17:50
NEW YORK--(BUSINESS WIRE)---- $ERAS #ClassAction--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Erasca, Inc (“Erasca” or the “Company”) (NASDAQ: ERAS) and reminds investors of the August 10, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has rec

Securities Fraud Investigation Into Alibaba Group Holding Ltd. (BABA) Continues – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz

Lastest from Businesswire - Thu, 06/11/2026 - 14:50
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz continues its investigation of Alibaba Group Holding Ltd. (“Alibaba” or the “Company”) (NYSE: BABA) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON ALIBABA GROUP HOLDING LTD. (BABA), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On November 14, 2024, Financial Times published an a

Revitalization Partners Successfully Winds Down Pacific Northwest Blood Bank; Leaves Local Community with Legacy Fund

Lastest from Businesswire - Thu, 06/11/2026 - 14:50
SEATTLE--(BUSINESS WIRE)--Restructuring Firm Revitalization Partners Finalizes Wind Down of Pacific Northwest Blood Center

Securities Fraud Investigation Into JD.com, Inc. (JD) Announced – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz

Lastest from Businesswire - Thu, 06/11/2026 - 14:50
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of JD.com, Inc. (“JD” or the “Company”) (NASDAQ: JD) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON JD.COM, INC. (JD), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On June 11, 2026, Bloomberg News reported that the Beijing branch of State Administratio

Gregory & Appel Welcomes Matt Heincker as Employee Benefits Practice Leader

Lastest from Businesswire - Thu, 06/11/2026 - 14:50
INDIANAPOLIS--(BUSINESS WIRE)-- #alternativerisk--Gregory & Appel Insurance (G&A), a fiercely independent insurance and risk management advisor, announced that Matt Heincker has joined the organization as Employee Benefits Practice Leader. In his role, Heincker will help lead the growth of the Employee Benefits practice while developing a high-performing team of consultants who deliver a superior client experience. Heincker brings nearly 20 years of experience in employee benefits brokerage and leadership

Securities Fraud Investigation Into Erasca, Inc. (ERAS) Announced – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz

Lastest from Businesswire - Thu, 06/11/2026 - 14:50
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Erasca, Inc. (“Erasca” or the “Company”) (NASDAQ: ERAS) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON ERASCA, INC. (ERAS), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On April 27, 2026, before market hours, Erasca disclosed that it had received a

Securities Fraud Investigation Into PDD Holdings Inc. (PDD) Continues – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz

Lastest from Businesswire - Thu, 06/11/2026 - 14:50
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz continues its investigation of PDD Holdings Inc. (“PDD” or the “Company”) (NASDAQ: PDD) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON PDD HOLDINGS INC. (PDD), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On January 19, 2026, Bloomberg reported that China had broadened its probe

SCE to Host Community Meeting as Support for Eaton Fire Recovery Continues

Lastest from Businesswire - Thu, 06/11/2026 - 14:50
ROSEMEAD, Calif.--(BUSINESS WIRE)--Southern California Edison today announced it will host a community meeting at Westminster Presbyterian Church in Pasadena on June 30, bringing together company leaders and program participants to share updates on the Wildfire Recovery Compensation Program and connect community members with resources to support recovery following the Eaton Fire. The event will include a panel discussion with program participants who will share their experiences navigating the

Eastern Bankshares, Inc. To Join S&P SmallCap 600® Index

Lastest from Businesswire - Thu, 06/11/2026 - 14:50
BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. (NASDAQ: EBC), the holding company of Eastern Bank, today announced that it will be added to the S&P SmallCap 600® Index, effective prior to the opening of trading on June 22, 2026. The S&P SmallCap 600 Index is widely regarded as one of the premiere benchmarks for small-cap U.S. equities. “Our addition to the S&P SmallCap 600 Index reflects the strength of our business and continued focus on delivering long-term value for customers

Avalanche Treasury Co. Lists on Nasdaq With Differentiated Approach to Ecosystem Investment

Lastest from Businesswire - Thu, 06/11/2026 - 14:50
NEW YORK--(BUSINESS WIRE)--Avalanche Treasury Co. (Nasdaq: AVAT), an operating company and digital asset treasury that allocates capital across the Avalanche economy, today announced the commencement of trading on the Nasdaq Stock Market. Launched in 2020 and purpose-built for enterprise, the Avalanche blockchain combines speed, compliance capabilities, and interoperability. AVAT was created to accelerate the adoption and growth of Avalanche and open an opportunity for investors to participate

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