Feed aggregator

Jury Returns $220 Million Verdict Against Michelin in Deadly Crash

Lastest from Businesswire - 2 hours 46 min ago
LAS VEGAS, N.M--(BUSINESS WIRE)--A New Mexico jury has returned a $220 million verdict, finding that the Michelin North America tire company was liable for a deadly crash that killed three members of a Texas family in the summer of 2021. Laura Zamarippa, Rosalva Marin and 14-year-old Alexis Zamarippa died when a Michelin-produced LTX M tire installed on the front driver’s side violently separated while the three family members were driving on a rural highway in Gaines County, Texas. The failure

DEFT ALERT: Kirby McInerney LLP Reminds DeFi Technologies Investors of Important Deadline in Class Action Lawsuit

Lastest from Businesswire - 2 hours 46 min ago
NEW YORK--(BUSINESS WIRE)--If you have suffered a loss on your DeFi Technologies (“DeFi” or the “Company”) (NASDAQ:DEFT) investment, contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below to discuss your rights or interests in the securities fraud class action lawsuit at no cost. Investors have until January 30, 2026 to ask the Court to appoint them as lead plaintiff. [CONTACT THE FIRM IF YOU SUFFERED A LOSS] What Is The Lawsuit A

Fermi Inc. (FRMI) Investors Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation

Lastest from Businesswire - 2 hours 46 min ago
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Fermi Inc. (“Fermi” or the “Company”) (NASDAQ: FRMI) investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN FERMI (FRMI), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@howar

Second WiresConnect Concludes with Consensus that AI Is Leveling the Commerce Playing Field in Fashion and Beauty

Lastest from Businesswire - 2 hours 46 min ago
SEATTLE--(BUSINESS WIRE)--WiresConnect concluded their second-ever invite-only conference, which brought together visionary designers, entrepreneurs, creatives, and industry leaders shaping the future of fashion and beauty for a day full of strategic conversation and insightful collaboration. The attendees explored timely topics such as sustainability, digital innovation, inclusivity, and the evolving relationship between style, self-expression, and technology. Deborah Weinswig, CEO of Coresigh

General American Investors Announces Issue Price for the 2025 Year-End Dividend and Distribution Payable on December 26, 2025

Lastest from Businesswire - 2 hours 46 min ago
NEW YORK--(BUSINESS WIRE)--General American Investors Company, Inc. (NYSE: GAM), a closed-end investment company, announced that the price at which shares of its common stock will be issued to stockholders who elected to receive additional shares in payment of the 2025 year-end dividend and distribution on its common stock will be $58.745 per share. The issue price represents the average between the high and the low prices on the New York Stock Exchange on December 12, 2025, which was below the

Fairholme Funds, Inc. December 2025 Dividend Distributions

Lastest from Businesswire - 2 hours 46 min ago
MIAMI--(BUSINESS WIRE)--FAIRHOLME FUNDS, INC. THE FAIRHOLME FUND (FAIRX) On December 12, 2025, the Fairholme Fund (NASDAQ: FAIRX) distributed an Ordinary Income dividend of $0.22209 per share to shareholders of record as of December 11, 2025. The Fairholme Fund’s Net Asset Value (“NAV”) was reduced by the total amount of the distribution. The Record Date, Ex-Dividend Date, Payable Date, and Cents-Per-Share are as follows: Distribution Type Record Date Ex-Dividend Date Payable Date Cents-Per-Sha

Securities Fraud Investigation Into Fermi Inc. (FRMI) Announced – Investors Who Lost Money Urged to Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm

Lastest from Businesswire - 2 hours 46 min ago
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Fermi Inc. (“Fermi” or the “Company”) (NASDAQ: FRMI) investors concerning the Company’s possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON FERMI (FRMI), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. What Happened? On October 1, 2025, Fermi began

OFS Credit Company Provides November 2025 Net Asset Value Update

Lastest from Businesswire - 2 hours 46 min ago
CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (Nasdaq: OCCI) (“OFS Credit”, the “Company”, “we”, “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced the following net asset value (“NAV”) estimate at November 30, 2025. Management’s unaudited estimate of the range of our NAV per share of our common stock at November 30, 2025 is between $5.01 and $5.11. This estimate is not a comprehensive statement

Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

Lastest from Businesswire - 2 hours 46 min ago
NEW YORK--(BUSINESS WIRE)---- $BBN--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Note: BlackRock Enhanced Large Cap Core Fund, Inc. (CII) declared its December distribution on 10/1/2025 with an Ex-Date of 12/22/2025 and Payable-12/31/2025. It also declared a special distribution on 11/14/2025 with an Ex-Date of 12/3/2025 and Payable- 1/16/2025. 10/1/2025 - Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds 11/17/2025 - Bla

FRMI Investors Have Opportunity to Join Fermi Inc. Fraud Investigation with the Schall Law Firm

Lastest from Businesswire - 2 hours 46 min ago
LOS ANGELES--(BUSINESS WIRE)---- $FRMI--FRMI Investors Have Opportunity to Join Fermi Inc. Fraud Investigation with the Schall Law Firm

AM Best Withdraws Credit Ratings of Southern General Insurance Company

Lastest from Businesswire - 2 hours 46 min ago
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has downgraded the Financial Strength Rating (FSR) to C++ (Marginal) from B- (Fair) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “b+” (Marginal) from “bb-” (Fair) of Southern General Insurance Company (SGIC) (Atlanta, GA). The outlook of the FSR has been revised to stable from negative, while the outlook of the Long-Term ICR is negative. Concurrently, AM Best has withdrawn the Credit Ratings (ratings) as the company has requested to no longer

Blackstone Credit & Insurance Closed-End Funds Declare Monthly Distributions

Lastest from Businesswire - 2 hours 46 min ago
NEW YORK--(BUSINESS WIRE)--Blackstone Liquid Credit Strategies LLC, an affiliate of Blackstone Alternative Credit Advisors LP (collectively, and together with their affiliates in the credit-focused business of Blackstone, Inc., “Blackstone Credit & Insurance”), announced monthly distributions for the three listed closed-end funds it advises, Blackstone Senior Floating Rate 2027 Term Fund (NYSE: BSL), Blackstone Long-Short Credit Income Fund (NYSE: BGX), and Blackstone Strategic Credit 2027

TPG RE Finance Trust, Inc. Declares Cash Dividend on Common Stock

Lastest from Businesswire - 2 hours 46 min ago
NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced that the Company’s Board of Directors has declared a cash dividend of $0.24 per share of common stock for the fourth quarter of 2025. The dividend will be payable on January 23, 2026 to common stockholders of record as of December 26, 2025. ABOUT TRTX TRTX is a commercial real estate finance company that originates, acquires, and manages primarily first mortgage loans secured by institut

System1 Receives Notice of Non-Compliance with New York Stock Exchange Listing Rules

Lastest from Businesswire - 2 hours 46 min ago
LOS ANGELES--(BUSINESS WIRE)--System1, Inc. (NYSE: SST) ("System1" or the "Company"), today announced that it was notified by the New York Stock Exchange (the "NYSE") that it is currently not in compliance with Section 802.01B of the NYSE Listed Company Manual because its 30 trading-day average market capitalization was less than $50 million and its last reported stockholder’s equity as of September 30, 2025 was less than $50 million. The Company has a period of 18 months to cure the market cap

Ralph Lauren Corporation Declares Quarterly Dividend

Lastest from Businesswire - 2 hours 46 min ago
NEW YORK--(BUSINESS WIRE)--Ralph Lauren Corporation Declares Quarterly Dividend

AM Best Affirms Credit Ratings of Spirit Insurance Company and Radius Insurance Company

Lastest from Businesswire - 2 hours 46 min ago
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) of Spirit Insurance Company (Spirit) (Colchester, VT) and Radius Insurance Company (Radius) (Cayman Islands). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Spirit and Radius’ balance sheet strength, which AM Best assesses as very strong, as well as each company’s adequate operating performance, neutral busin

AM Best Comments on Credit Ratings of Hildene Re SPC, Ltd.

Lastest from Businesswire - 2 hours 46 min ago
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has commented on the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of Hildene Re SPC, Ltd. (Hildene Re) (Cayman Islands) remain unchanged following the announced acquisition of SILAC Inc. by Hildene Capital Management, LLC. The outlook of these Credit Ratings (ratings) is stable. Hildene Capital Management, LLC announced on Dec. 8, 2025, that it has entered into a definitive agreement to acquire SILAC Inc.

AM Best Places Credit Ratings of SILAC Insurance Company Under Review With Developing Implications

Lastest from Businesswire - 2 hours 46 min ago
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has placed under review with developing implications the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” (Fair) of SILAC Insurance Company (SILAC) (Salt Lake City, UT). The Credit Ratings (ratings) of SILAC have been placed under review with developing implications due to the recent announcement in which Hildene Capital Management, LLC (Hildene) (together with its affiliates), an $18+ billion credit-focused asset mana

Cannae Holdings, Inc. Announces Preliminary Results of the 2025 Annual Meeting of Shareholders

Lastest from Businesswire - 2 hours 46 min ago
LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced the preliminary results of the Company’s 2025 Annual Meeting of Shareholders. Based on estimates by the Company’s proxy solicitor, Cannae’s shareholders are expected to elect James B. Stallings, Jr., Barry B. Moullet, Mona Aboelnaga and Chérie L. Schaible, to the Company’s Board of Directors (“Board”). The Board thanks Erika Meinhardt and Frank P. Willey for their exceptional contributions

KPLT Stock Alert: Halper Sadeh LLC is Investigating Whether the Merger of Katapult Holdings, Inc. is Fair to Shareholders

Lastest from Businesswire - 2 hours 46 min ago
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Katapult Holdings, Inc. (NASDAQ: KPLT) with The Aaron’s Company, Inc. and CCF Holdings LLC is fair to Katapult shareholders. Halper Sadeh encourages Katapult shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Ka

Pages