Feed aggregator
Tompkins Community Bank Announces Planned Name Change to Tompkins Bank & Trust
ITHACA, N.Y.--(BUSINESS WIRE)--Tompkins Financial Corporation announced today that it has requested regulatory approval to rebrand Tompkins Community Bank as Tompkins Bank & Trust, a name that reflects the organization’s longstanding reputation as a trusted financial partner, its capabilities, and its continued commitment to relationship-based banking and personalized service. With more than 50 banking offices serving customers across Western, Central and Hudson Valley New York, as well as
KBRA Releases Research – Private Credit: Structured Credit Trend Watch—AI and Conflict Shape Market Outlook
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases research examining trends across the structured credit landscape. Structured credit and collateralized loan obligation (CLO) market activity was relatively stable in early 2026. Issuance volume remained on pace with 2025, average broadly syndicated loan (BSL) AAA CLO spreads were largely range-bound between 115 basis points (bps) and 131 bps, and middle market (MM) CLO AAA spread premiums tightened. However, these trends largely preceded the recent incre
Law Offices of Howard G. Smith Encourages Badger Meter, Inc. (BMI) Shareholders To Inquire About Securities Fraud Class Action
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Badger Meter, Inc. (“Badger Meter” or the “Company”) (NYSE: BMI) common stock between April 18, 2024 and April 16, 2026, inclusive (the “Class Period”). Badger Meter investors have until August 3, 2026 to file a lead plaintiff motion.IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN BADGER METER, INC. (BMI), CONTACT THE LAW OFFICES OF HOWARD G. SMIT
BW Deadline: Rosen Law Firm Urges Babcock & Wilcox Enterprises, Inc. (NYSE: BW) Stockholders to Contact the Firm for Information About Their Rights
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, reminds investors about a class action lawsuit on behalf of purchasers of securities of Babcock & Wilcox Enterprises, Inc. (“B&W”) (NYSE: BW) between November 5, 2025 and March 11, 2026. B&W describes itself as a company that “provides energy and emissions control solutions to industrial, electrical utility, municipal, and other customers in the U.S., Canada, the United Kingdom (“U.K.”), Indonesia, and the
Rosen Law Firm Urges Badger Meter, Inc. (NYSE: BMI) Stockholders with Large Losses to Contact the Firm for Information About Their Rights
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of common stock of Power Badger Meter, Inc. (NYSE: BMI) between April 18, 2024 and April 16, 2026, inclusive (the “Class Period”). Badger Meter manufactures and sells water measurement and management products. For more information, submit a form, email attorney Phillip Kim, or give us a call at 866-767-3653. The Allegations: Rosen Law Firm is Investigating the A
MEDP Deadline: Rosen Law Firm Urges Medpace Holdings, Inc. (NASDAQ: MEDP) Stockholders to Contact the Firm for Information About Their Rights
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, reminds investors about a class action lawsuit on behalf of purchasers of common stock of Medpace Holdings, Inc. (NASDAQ: MEDP) between April 22, 2025 and February 9, 2026. Medpace describes itself as a “clinical contract research organization (CRO) focused on providing scientifically-driven outsourced clinical development services to the biotechnology, pharmaceutical, and medical device industries.”For more informatio
Mill Point Capital Signs Definitive Agreement to Acquire Total Safety’s Supplies & Solutions Division
FAIRFIELD, Calif.--(BUSINESS WIRE)--Total Safety Supplies & Solutions, Inc. ("TSSS" or the "Company"), a leading distributor of industrial maintenance, repair, and operations (“MRO”) products including safety, and personal protective equipment ("PPE"), announced today that it has signed a definitive agreement to be acquired by Mill Point Capital LLC ("Mill Point"). The acquisition of TSSS, a division of Total Safety U.S., Inc. (“Total Safety”), represents Mill Point’s 20th corporate carve-o
AM Best Withdraws Credit Ratings of Middle East Insurance Company Plc
LONDON--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” (Fair) of Middle East Insurance Company Plc (MEICO) (Jordan). The outlook of these Credit Ratings (ratings) is stable. Concurrently, AM Best has withdrawn these ratings as the company has requested to no longer participate in AM Best’s interactive rating process.The ratings reflect MEICO’s balance sheet strength, which AM Best assesses as strong, as well as its
AM Best Affirms Credit Ratings of Associated Electric & Gas Insurance Services Limited
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” (Excellent) of Associated Electric & Gas Insurance Services Limited (AEGIS) (Hamilton, Bermuda). The outlook of these Credit Ratings (ratings) is stable.The ratings reflect AEGIS’ balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, neutral business profile and appropriate enterprise risk manage
Law Offices of Frank R. Cruz Encourages Badger Meter, Inc. (BMI) Shareholders To Inquire About Securities Fraud Class Action
LOS ANGELES--(BUSINESS WIRE)--Law Offices of Frank R. Cruz Encourages Badger Meter, Inc. (BMI) Shareholders To Inquire About Securities Fraud Class Action
ZimCal (BIMIZCI) Exposes Medallion Financial Corp.’s Latest Campaign of Distortion and the Risks of Re-Electing Its Unqualified Directors
MINNEAPOLIS--(BUSINESS WIRE)---- $MFIN #Activist--ZimCal Asset Management through BIMIZCI Fund LLC responds (again) to Medallion Financial’s recent misleading press release designed to manipulate stockholders. Notably, BIMIZCI Fund LLC — not ZimCal or Mr. Hodges — is the nominating stockholder, a distinction Medallion deliberately blurs. Despite BIMIZCI Fund LLC being the nominating stockholder, Medallion (NASDAQ:MFIN) elected to lead with “Stephen Hodges and his affiliates” because their goals are clear. Use a se
FutureCorp Launches to Bring Frontier Economies to Public Markets
HAWTHORNE, Calif.--(BUSINESS WIRE)--FutureCorp LLC (together with its affiliates, "FutureCorp"), a new investment firm that seeks to connect frontier economies with public-market investors, has announced its launch. FutureCorp expects to sponsor publicly listed vehicles focused on next decade's frontier economies. This will include a series of special purpose acquisition companies and publicly traded funds holding late-stage private companies. FutureCorp's first frontier is space. The firm's fi
Bissinger, Oshman, Williams & Strasburger Earns Repeat Honor from Chambers USA
HOUSTON--(BUSINESS WIRE)--For the second consecutive year, the Houston trial firm Bissinger, Oshman, Williams & Strasburger (BOWS) has been recognized by the Chambers USA Guide, widely regarded as the most respected global legal directory. In addition, firm partner David Bissinger has earned individual recognition in the 2026 edition of the exclusive ratings list, which showcases leading legal talent both regionally and nationally. Both the firm and Mr. Bissinger are cited by Chambers for e
Kraken Opens SpaceX IPO Access to Customers in 110+ Countries via xStocks
CHEYENNE, Wyo.--(BUSINESS WIRE)--Kraken, the multi-asset trading platform powered by Payward, today opened access to the SpaceX initial public offering (IPO) through Payward Services' newly launched IPO Access offering. SpaceX is the first listing Kraken is making available through the program. Eligible Kraken customers in over 110 countries, including the EEA, can submit a non-binding expression of interest to participate in the IPO process. Made possible by Payward’s xStocks tokenized equitie
AM Best Maintains Under Review With Positive Implications Status for Credit Ratings of Mountain West Farm Bureau Mutual Insurance Company
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has maintained the under review with positive implications status for the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Mountain West Farm Bureau Mutual Insurance Company (Mountain West) (Laramie, WY).The Credit Ratings (ratings) were placed under review with positive implications in October 2025 (see related press release) following the announcement of a strategic transaction to merge Mountain West into
AM Best Affirms Credit Ratings of Mitsui Sumitomo Insurance Company, Limited and Aioi Nissay Dowa Insurance Company Limited; Assigns Credit Ratings to MSIG Specialty Insurance America, Inc.
HONG KONG--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” (Superior) of Mitsui Sumitomo Insurance Company, Limited (MSI) (Japan) and its subsidiaries (see below for related list). Concurrently, AM Best has affirmed the FSR of A+ (Superior) and the Long-Term ICR of “aa” (Superior) of Aioi Nissay Dowa Insurance Company Limited (ADI) (Japan). AM Best also has affirmed the FSR of A- (Excellent
Vida Global Honored with 2026 MSP Today Product of the Year Award
AUSTIN, Texas--(BUSINESS WIRE)--Vida Global wins a 2026 MSP Today Product of the Year Award from TMC, recognizing its AI agent operating system for impact and Channel innovation.
Lightspeed Successfully Supports New Intraday Margin Trading Framework
MORRISTOWN, N.J.--(BUSINESS WIRE)--Lightspeed successfully implements enhancements supporting the transition to new intraday margin trading requirements.
KBRA Releases Monthly CMBS Trend Watch
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases the May 2026 issue of CMBS Trend Watch. Private label commercial mortgage-backed securities (CMBS) continued its steady issuance pace in May, with 16 deals closing, compared to 17 in April. As in past months, single-borrower (SB) deals continue to dominate, while conduit originations remain challenged by higher rates and lender competition. Of the 16 deals, 12 were SB and four conduits, bringing the year-to-date (YTD) issuance to $56.7 billion for a 9.7%
AM Best Affirms Credit Ratings of Victoria Insurance Company JSC
LONDON--(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 Victoria Insurance Company JSC (Victoria) (Kazakhstan). The outlook of these Credit Ratings (ratings) is stable.The ratings reflect Victoria’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and weak enterprise risk management.Victoria’s balance sheet strength is und
