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High Income Securities Fund Announces Monthly Distributions For Second Quarter of 2025
NEW YORK--(BUSINESS WIRE)--High Income Securities Fund (NYSE: PCF) (the “Fund”) today announced that the Fund’s Board of Trustees (the “Board”) has declared the next three monthly distributions under the Fund’s managed distribution plan. Under the Fund’s managed distribution plan, the Fund intends to make monthly distributions to common stockholders at an annual rate of 10% (or 0.8333% per month) for 2025, based on the net asset value of $7.11 of the Fund’s common shares as of December 31, 2024
KBRA Assigns Preliminary Ratings to Angel Oak Mortgage Trust 2025-4 (AOMT 2025-4)
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to seven classes of mortgage-backed certificates from Angel Oak Mortgage Trust 2025-4 (AOMT 2025-4), a $284.3 million non-prime RMBS transaction. The underlying collateral, comprised of 575 residential mortgages, is characterized by a significant concentration of loans underwritten using alternative income documentation. All the loans are either classified as non-qualified mortgages (60.2%) or exempt (39.8%) from the Ability-to-Repay/Q
SW Graduate School of Banking Announces 2025 Distinguished Service and Distinguished Alumnus Awards
DALLAS--(BUSINESS WIRE)--The SW Graduate School of Banking at SMU Cox (SWGSB), a nationally renowned source for banking executive education, has announced the SW Graduate School of Banking’s highest honors for 2025. H. Gary Blankenship, chairman, CEO and chief lending officer of Bank of the West, will be honored with the Distinguished Service Award on May 29, 2025, and Ron Butler, chairman and CEO of First Financial Bank Abilene Region, executive vice president and CAO of First Financial Banksh
Special Opportunities Fund Declares Distributions For Second Quarter of 2025
NEW YORK--(BUSINESS WIRE)--Special Opportunities Fund, Inc. (NYSE: SPE) (the “Fund”) today announced that the Fund’s Board of Directors (the “Board”) has declared the next three monthly distributions under the Fund’s managed distribution plan. Under the Fund’s managed distribution plan, the Fund intends to make monthly distributions to common stockholders at an annual rate of 8% (or 0.6667% per month) for 2025, based on the net asset value of $16.47 of the Fund’s common shares as of December 31
Rosen Law Firm Encourages Eldorado Gold Corporation Investors with Losses in Excess of $100K to Inquire About Securities Class Action Investigation – EGO
NEW YORK--(BUSINESS WIRE)--Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Eldorado Gold Corporation (NYSE: EGO) resulting from allegations that Eldorado Gold may have issued materially misleading business information to the investing public. So What: If you purchased Eldorado Gold securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency f
Entwistle & Cappucci LLP Files a Securities Class Action Against Cerevel Therapeutics Holdings, Inc., Bain Capital Investors, LLC and Pfizer, Inc.
NEW YORK--(BUSINESS WIRE)--Entwistle & Cappucci LLP (“Entwistle & Cappucci”) today announced that its ongoing investigation has led to the filing of a class action (the “Action”) against Cerevel Therapeutics Holdings, Inc. (“Cerevel” or the “Company”), Bain Capital Investors, LLC (“Bain”) and Pfizer, Inc. (“Pfizer”) on behalf of a class (the “Class”) consisting of all persons or entities that: (a) sold or otherwise disposed of the publicly-traded common stock of Cerevel during the perio
2025 Private Company Boards of the Year From MLR Media
PHILADELPHIA--(BUSINESS WIRE)--Eight private company boards have been honored with Private Company Boards of the Year awards for their business governance excellence by MLR Media.
Best's Review Explores Critical Commercial Risks
OLDWICK, N.J.--(BUSINESS WIRE)--The April issue of Best’s Review reports on emerging and evolving trends in commercial risks: “Insurers, Buyers Face New Challenges With Emerging Commercial Risks in 2025” presents what companies are saying about political change, artificial intelligence and cyber security. “Betting on American Justice: Lawmakers, Regulators Target Third-Party Litigation Funding” looks at the steps that the federal and some state governments are taking to curb social inflation. “
Capstone Accounting and Tax Announces Partnership with Seaside Equity Partners
BEND, Ore.--(BUSINESS WIRE)--Capstone Accounting and Tax Announces Partnership with Seaside Equity Partners
KBRA DLD Forecasts 1.25% Default Rate in 2025 for European Direct Lending Market
NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA DLD, a division of KBRA Analytics, is forecasting a 2025 default rate of 1.25% by volume, as well as 2.25% by count, among the 290 borrowers in the KBRA DLD Europe Index, which comprises direct lending loans mainly to sponsored borrowers. The index provides insights into early-stage stress and potential defaults in an opaque market where no other data source quantifies stress. “As direct lending continues to evolve into a major force in the European credit landsc
KBRA Releases Monthly CMBS Trend Watch
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases the March 2025 issue of CMBS Trend Watch. Amid prevailing economic and political uncertainty, U.S. CMBS private label issuance exhibited continued strength. Through March, year-over-year (YoY) issuance doubled (increasing 107.7%) to $37.1 billion. Commercial real estate (CRE) collateralized loan obligation (CLO) issuance was 4.4x higher YoY at $8.4 billion, almost reaching the full-year 2024 volume of $8.7 billion. Spreads have been widening recently, bu
DD Investors Have Opportunity to Join DuPont de Nemours, Inc. Fraud Investigation with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)--DD Investors Have Opportunity to Join DuPont de Nemours, Inc. Fraud Investigation with the Schall Law Firm
RayThera Raises $110 Million in Series A Financing
SAN DIEGO--(BUSINESS WIRE)--RayThera raises $110 million in Series A financing to support advancement of preclinical immunology pipeline
Deadline Soon: GSK plc. (GSK) Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz About Securities Fraud Lawsuit
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming April 7, 2025 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired GSK plc. (“GSK” or the “Company”) (NYSE: GSK) American Depositary Receipts (“ADRs”) between February 5, 2020, and August 14, 2022, inclusive (the “Class Period”). IF YOU ARE AN INVESTOR WHO LOST MONEY ON GSK PLC. (GSK), CLICK HERE TO PARTICIPATE IN THE SECU
Deadline Alert: Bakkt Holdings, Inc. (BKKT) Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP reminds investors of the upcoming June 2, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Bakkt Holdings, Inc. (“Bakkt” or the “Company”) (NYSE: BKKT) securities between March 25, 2024 and March 17, 2025, inclusive (the “Class Period”). IF YOU SUFFERED A LOSS ON YOUR BAKKT INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER
Deadline Soon: Monolithic Power Systems Inc. (MPWR) Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz About Securities Fraud Lawsuit
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming April 7, 2025 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired Monolithic Power Systems Inc. (“Monolithic” or the “Company”) (NASDAQ: MPWR) common stock between February 8, 2024 and November 8, 2024, inclusive (the “Class Period”). IF YOU ARE AN INVESTOR WHO LOST MONEY ON MONOLITHIC POWER SYSTEMS INC. (MPWR), CLICK HER
Berkshire Hathaway Inc. News Release
OMAHA, Neb.--(BUSINESS WIRE)--(BRK.A; BRK.B) – There are reports currently circulating on social media (including Twitter, Facebook and Tik Tok) regarding comments allegedly made by Warren E. Buffett. All such reports are false. About Berkshire Berkshire Hathaway and its subsidiaries engage in diverse business activities including insurance and reinsurance, utilities and energy, freight rail transportation, manufacturing, services and retailing. Common stock of the company is listed on the New
Grant Thornton CFO survey: Tech investment on the rise as economic optimism fades
CHICAGO--(BUSINESS WIRE)--A new survey from Grant Thornton, one of America’s largest brands of professionals providing end-to-end audit, assurance, tax and advisory services, revealed a dramatic decline in optimism in the first quarter of 2025 from chief financial officers (CFOs). Grant Thornton’s first quarterly CFO survey of the year showed that just 47% of finance leaders are optimistic about the U.S. economy, an unprecedented 21-percentage-point drop from the previous quarter, with pessimis
Sunflower Bank Hires Jason Petz as Colorado Regional President
DENVER--(BUSINESS WIRE)--Sunflower Bank is pleased to announce that Jason Petz has joined the bank as Regional President for Colorado. In this role, Petz is responsible for the management and growth of the bank in Colorado. Sunflower Bank is an $8.1 billion bank with a model of delivering relationship-driven banking services with local decision-making to communities throughout Arizona, California, Colorado, Kansas, New Mexico, Texas and Washington. The bank’s national lines of business include
The Hackett Group: Supply Chain AI Adoption Rising Amid Economic Pressures
MIAMI--(BUSINESS WIRE)---- $HCKT #genai--The Hackett Group, Inc. (NASDAQ: HCKT), a leading generative artificial intelligence (Gen AI) strategic consultancy and executive advisory firm, released findings from its 2025 Key Issues Study, revealing how AI is poised to reshape supply chains. Approximately 50% of supply chain leaders are testing Gen AI, yet full-scale deployment remains nascent. As economic uncertainty and cost pressures mount, supply chain executives must act now to accelerate AI-driven transformat