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New HomeServe Survey Reveals High Home Prices, Not Mortgage Rates, Are the Top Barrier for U.S. Homebuyers

Lastest from Businesswire - 2 hours 29 min ago
NORWALK, Conn.--(BUSINESS WIRE)--Following the drop in mortgage rates, new HomeServe survey finds high home prices, not mortgage rates, are the top barrier for U.S. homebuyers

KBRA Assigns Preliminary Ratings to Sequoia Mortgage Trust 2026-HYB1 (SEMT 2026-HYB1)

Lastest from Businesswire - 2 hours 29 min ago
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 12 classes of mortgage pass-through certificates from Sequoia Mortgage Trust 2026-HYB1 (SEMT 2026-HYB1), a prime RMBS transaction comprising 476 hybrid adjustable-rate mortgages (ARMs) with an aggregate principal balance of $540.9 million. The top originators of this transaction are Rocket Mortgage, LLC (31.4%) and CrossCountry Mortgage Inc (10.8%) KBRA’s rating approach incorporated loan-level analysis of the mortgage pool through

WEIS MARKETS INVESTOR ALERT: Kirby McInerney LLP Announces Investigation Into Potential Securities Fraud

Lastest from Businesswire - 2 hours 29 min ago
NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP is investigating potential claims against Weis Markets, Inc. (“Weis Markets” or the “Company”) (NYSE:WMK). The investigation concerns whether the Company and/or members of its senior management may have violated federal securities laws or engaged in other unlawful business practices. [LEARN MORE ABOUT THE INVESTIGATION] What Happened? On February 26, 2026, Weis Markets filed a Form 8-K disclosing that certain previously issued finan

Cross-Sound Cable Plans a System Redevelopment to Upgrade Interregional Connectivity in the Northeast

Lastest from Businesswire - 2 hours 29 min ago
NEW YORK--(BUSINESS WIRE)--Argo Infrastructure Partners, LP (“Argo”), an established mid-market investment manager of 18 essential infrastructure assets in North America, today announced that Cross-Sound Cable Company, LLC is initiating a project to significantly upgrade and expand its electric transmission system – Cross-Sound Cable (CSC), a critical high-voltage direct current (HVDC) transmission system connecting the electric grids of New England and Long Island. CSC is an established 24-mil

KBRA Assigns Preliminary Ratings to BRAVO Residential Funding Trust 2026-NQM3 (BRAVO 2026-NQM3)

Lastest from Businesswire - 2 hours 29 min ago
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 10 classes of mortgage-backed notes from BRAVO Residential Funding Trust 2026-NQM3 (BRAVO 2026-NQM3). The $490.5 million RMBS transaction is collateralized by a pool of 987 residential mortgages, with fixed-rate mortgages (FRMs) and hybrid adjustable-rate mortgages (ARMs) making up 98.1% and 1.9% of the pool, respectively. A notable portion of the loans are classified as exempt (43.5%) from the Ability-to-Repay/Qualified Mortgage (A

Virtus Convertible & Income Fund II Announces Quarterly Distribution: 5.500% Series A Cumulative Preferred Shares

Lastest from Businesswire - 2 hours 29 min ago
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Convertible & Income Fund II (NYSE: NCZ) announced today that it has declared a $0.34375 per share cash distribution payable on March 31, 2026 to Series A cumulative preferred shareholders of record on March 24, 2026. The Series A Cumulative Preferred Shares, which trade on the New York Stock Exchange under the symbol NCZ PR A, are rated “A” by Fitch Ratings and have an annual dividend rate of $1.375 per share. The 4,360,000 Series A Cumulative Prefe

KBRA Assigns Preliminary Ratings to EFMT 2026-NQM3

Lastest from Businesswire - 2 hours 29 min ago
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 15 classes of mortgage pass-through certificates from EFMT 2026-NQM3, a $509.6 million non-prime RMBS transaction. The underlying collateral, comprising 1,292 residential mortgages, is characterized by a notable concentration of alternative income documentation, with 81.8% of the loans underwritten using DSCR, bank statements, and asset underwriting documentation types. The majority of loans are either classified as non-qualified mo

Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm, Encourages Apollo Global Management, Inc. (APO) Shareholders To Inquire About Securities Fraud Class Action

Lastest from Businesswire - 2 hours 29 min ago
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, announces that a securities fraud class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Apollo Global Management, Inc. (“Apollo” or the “Company”) (NYSE: APO) securities between May 10, 2021 and February 21, 2026, inclusive (the “Class Period”). Apollo investors have until May 1, 2026 to file a lead plaintiff motion. IF YOU SUFFERED A LOSS

AM Best Affirms Credit Ratings of The Cigna Group and Its Subsidiaries

Lastest from Businesswire - 2 hours 29 min ago
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of the key U.S. life/health subsidiaries and Europe-based insurance companies of The Cigna Group (Cigna) (headquartered in Bloomfield, CT) [NYSE: CI]. The majority of Cigna’s core U.S. health insurance entities are collectively referred to as Cigna Life & Health Group. In addition, AM Best has affirmed the Long-

Virtus Convertible & Income Fund Announces Quarterly Distribution: 5.625% Series A Cumulative Preferred Shares

Lastest from Businesswire - 2 hours 29 min ago
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Convertible & Income Fund (NYSE: NCV) announced today that it has declared a $0.3515625 per share cash distribution payable on March 31, 2026 to Series A cumulative preferred shareholders of record on March 24, 2026. The Series A Cumulative Preferred Shares, which trade on the New York Stock Exchange under the symbol NCV PR A, are rated “A” by Fitch Ratings and have an annual dividend rate of $1.40625 per share. The 4,000,000 Series A Cumulative Pref

Virtus Total Return Fund Inc. Announces Distributions

Lastest from Businesswire - 2 hours 29 min ago
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Total Return Fund Inc. (NYSE: ZTR) today announced the following monthly distributions: Ticker Amount of Distribution Ex-Date/Record Date Payable Date ZTR $0.05 March 16, 2026 March 30, 2026 ZTR $0.05 April 13, 2026 April 29, 2026 ZTR $0.05 May 11, 2026 May 28, 2026 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid, in part or in full, from net investment income and realized

KBRA Assigns Preliminary Ratings to KCG Securitization II, LLC, Series 2026-1

Lastest from Businesswire - 2 hours 29 min ago
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to three classes of notes (the “Notes”) issued by KCG Securitization II, LLC, Series 2026-1 (“KCG 2026-1” or the “Issuer”). Kalamata.com, LLC (“Kalamata”), through its subsidiaries and affiliates, Kalamata Capital Group, LLC (“KCG”, the “Company” or “Servicer"), Black Olive Capital II LLC and Black Olive Capital LLC (“Black Olive Originators”), provides financing to small and medium-sized business through merchant cash advances and sma

BBVA Argentina announces Fourth Quarter and Fiscal Year 2025 Financial Results

Lastest from Businesswire - 2 hours 29 min ago
BUENOS AIRES, Argentina--(BUSINESS WIRE)--Banco BBVA Argentina S.A (NYSE; BYMA; MAE: BBAR; LATIBEX: XBBAR) (“BBVA Argentina” or “BBVA” or “the Bank”) announced today its consolidated results for the fourth quarter (4Q25), ended on December 31, 2025. As of January 1, 2020, the Bank started to inform its inflation adjusted results pursuant to IAS 29 reporting. To facilitate comparison, figures of comparable quarters of 2024 and 2025 have been updated according to IAS 29 reporting to reflect the a

Virtus Global Multi-Sector Income Fund Announces Distributions

Lastest from Businesswire - 2 hours 29 min ago
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Global Multi-Sector Income Fund (NYSE: VGI) today announced the following monthly distributions: Ticker Amount of Distribution Ex-Date/Record Date Payable Date VGI $0.08 March 16, 2026 March 30, 2026 VGI $0.08 April 13, 2026 April 29, 2026 VGI $0.08 May 11, 2026 May 28, 2026 The amounts of distributions reported in this notice are estimates only and are not being provided for tax reporting purposes. The actual amounts and sources of the distributions for

Law Offices of Howard G. Smith Encourages Apollo Global Management, Inc. (APO) Shareholders to Inquire About Securities Fraud Class Action

Lastest from Businesswire - 2 hours 29 min ago
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 Apollo Global Management, Inc. (“Apollo” or the “Company”) (NYSE: APO) securities between May 10, 2021 and February 21, 2026, inclusive (the “Class Period”). Apollo investors have until May 1, 2026 to file a lead plaintiff motion. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN APOLLO GLOBAL MANAGEMENT, INC. (APO), CONTACT THE LAW OFFICES OF HOWA

Virtus Equity & Convertible Income Fund Announces Distribution and Discloses Sources of Distribution – Section 19(a) Notice

Lastest from Businesswire - 2 hours 29 min ago
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Equity & Convertible Income Fund (NYSE: NIE) today announced the following quarterly distribution: Ticker Amount of Distribution Ex-Date/Record Date Payable Date NIE $0.50 March 16, 2026 March 30, 2026 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid in part or in full, from net investment income and realized capital gains, or a combination thereof. Shareholders should n

Yext, Inc. Announces Amendment and Extension of Previously Announced Modified Dutch Auction Tender Offer to Repurchase Shares of Common Stock

Lastest from Businesswire - 2 hours 29 min ago
NEW YORK--(BUSINESS WIRE)--Yext, Inc. (NYSE: YEXT), the leading brand visibility platform, today announced that it is amending its previously announced “modified Dutch Auction” tender offer for shares of its common stock to decrease the maximum aggregate purchase price of shares to be repurchased in the tender offer from $180,000,000 to $140,000,000. The decision follows a re-evaluation by Yext of the value of borrowing additional funds under Yext’s existing credit facilities due to the increas

FIS to Present at Upcoming Conference

Lastest from Businesswire - 2 hours 29 min ago
JACKSONVILLE, Fla.--(BUSINESS WIRE)--FIS® (NYSE: FIS), a global leader in financial technology, will present at 3:15pm ET on Tuesday, March 10, 2026 at the Wolfe Research FinTech Forum. A live audio webcast, as well as a replay, will be accessible on the Investor Relations section of FIS’ homepage, www.fisglobal.com. About FIS FIS is a financial technology company providing solutions to financial institutions and businesses. We unlock financial technology to the world across the money lifecycle

KBRA Releases Private Credit: Asset Managers in Focus Webinar Recap

Lastest from Businesswire - 2 hours 29 min ago
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases a recap of its Private Credit: Asset Managers in Focus Webinar held on March 3, 2026. Below is a summary of our key takeaways. KBRA’s rated universe has expanded since 2019 to more than 60 asset managers globally, spanning private equity and private credit as well as real estate, infrastructure, and wealth management firms; AUM ranges from roughly $1 billion to more than $480 billion, with about one-fifth of managers based outside the U.S. (primarily Eur

Virtus Dividend, Interest & Premium Strategy Fund Announces Distribution and Discloses Sources of Distribution – Section 19(a) Notice

Lastest from Businesswire - 2 hours 29 min ago
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ) today announced the following quarterly distribution: Ticker Amount of Distribution Ex-Date/Record Date Payable Date NFJ $0.305 March 16, 2026 March 30, 2026 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid, in part or in full, from net investment income and realized capital gains, or a combination thereof. Sharehold

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