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Eldridge Expands Actively Managed CLO ETF Suite with Launch of UCITS ETF

Lastest from Businesswire - Wed, 03/05/2025 - 03:54
FRANKFURT, Germany--(BUSINESS WIRE)--Eldridge, an asset management and insurance holding company with approximately $74 billion in assets under management, today announced the expansion of its exchange-traded fund (“ETF”) offering with the launch of its first actively managed fixed income ETF in Europe: the Eldridge AAA CLO UCITS ETF (ticker: TAAA). TAAA draws on Eldridge’s structured credit capabilities and is designed to provide investors and allocators with a compelling investment option whe

MAPFRE RE and CyberCube join forces to enhance cyber risk management and growth

Lastest from Businesswire - Wed, 03/05/2025 - 03:54
MADRID--(BUSINESS WIRE)-- #cyber--MAPFRE RE, the global reinsurer of the MAPFRE Group, and CyberCube, the leading provider of cyber risk analytics for the insurance industry, have joined forces through a three-year agreement for the reinsurer to license CyberCube’s suite of solutions. This partnership underscores MAPFRE RE’s commitment to advancing its cyber risk management capabilities. As part of this strategic collaboration, MAPFRE RE has licensed CyberCube’s suite of products, including its cyber ac

KKR Upsizes and Prices Offering of Mandatory Convertible Preferred Stock

Lastest from Businesswire - Wed, 03/05/2025 - 00:54
NEW YORK--(BUSINESS WIRE)--KKR & Co. Inc. (“KKR”) (NYSE: KKR) today announced that it has priced its previously announced offering of $2.25 billion (45,000,000 shares) of its 6.25% Series D Mandatory Convertible Preferred Stock (the “mandatory convertible preferred stock”) at a price to the public and liquidation preference of $50.00 per share. The offering was upsized from the previously announced size of $1.50 billion (30,000,000 shares). The underwriters have a 30-day option to purchase

Kirby McInerney LLP Urges Investors in TELUS International (Cda) Inc. (TIXT) to Inquire About Their Rights in Class Action Lawsuit

Lastest from Businesswire - Tue, 03/04/2025 - 21:54
NEW YORK--(BUSINESS WIRE)---- $TIXT #CLASSACTIONLAWSUIT--The law firm of Kirby McInerney LLP reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Southern District of New York on behalf of those who acquired TELUS International (Cda) Inc. (“TELUS” or the “Company”) (NYSE:TIXT) securities during the period from February 16, 2024, through August 1, 2024 (“the Class Period”). Investors have until March 31, 2025, to apply to the Court to be appointed as lead plaintiff in the lawsuit. [

IIPR INVESTOR ALERT: Kirby McInerney LLP Reminds Innovative Industrial Properties, Inc. Investors of Looming Lead Plaintiff Deadline in Class Action Lawsuit

Lastest from Businesswire - Tue, 03/04/2025 - 21:54
NEW YORK--(BUSINESS WIRE)---- $IIPR #CLASSACTIONLAWSUIT--The law firm of Kirby McInerney LLP notifies investors of the approaching March 18, 2025, deadline to seek the role of lead plaintiff in a federal securities class action filed on behalf of investors who acquired Innovative Industrial Properties, Inc. (“IIPR” or the “Company”) (NYSE:IIPR) securities during the period from February 27, 2024, through December 19, 2024 (“the Class Period”). [LEARN MORE ABOUT THE CLASS ACTION] On November 6, 2024, IIPR reported its financ

Experian & HomeFree-USA Award $40,000 Scholarship to Fisk University Team for Solution to Bridging Credit Education Gap Among Young People

Lastest from Businesswire - Tue, 03/04/2025 - 21:54
COSTA MESA, Calif.--(BUSINESS WIRE)--A four-student team from Fisk University took the top prize in the #IYKYK Pitch Competition (If You Know, You Know) for their business idea to make financial literacy and credit education a rite of passage for young adults, sponsored by Experian and HomeFree-USA. Nicknamed Team FinLit, Ansana Regmi, Destiny Marshall, Remilekun Ore and Sovit Lekhak earned a $40,000 scholarship for their proposal, “FinLit HQ.” It’s a personalized gaming experience for teenager

SWKS Investors Have Opportunity to Join Skyworks Solutions, Inc. Fraud Investigation with the Schall Law Firm

Lastest from Businesswire - Tue, 03/04/2025 - 21:54
LOS ANGELES--(BUSINESS WIRE)--SWKS Investors Have Opportunity to Join Skyworks Solutions, Inc. Fraud Investigation with the Schall Law Firm

RFR Kicks off 2025 with Successful Refinancing and Leasing Transactions

Lastest from Businesswire - Tue, 03/04/2025 - 21:54
NEW YORK--(BUSINESS WIRE)--RFR has announced the completion of several successful transactions across key trophy assets including recapitalizations at the Seagram building on Park Avenue, 475 Fifth in the Bryant Park submarket and 17 State Street in the Financial District as well as a full building retail lease at 11 Bond in NoHo. “The new year heralded a series of successful transactions that showcase the quality of our assets, and our expertise in hands-on management, strategic leasing and re

MRVI Investors Have Opportunity to Lead Maravai LifeSciences Holdings, Inc. Securities Fraud Lawsuit with the Schall Law Firm

Lastest from Businesswire - Tue, 03/04/2025 - 18:54
LOS ANGELES--(BUSINESS WIRE)--MRVI Investors Have Opportunity to Lead Maravai LifeSciences Holdings, Inc. Securities Fraud Lawsuit with the Schall Law Firm

LINE Investors Have Opportunity to Join Lineage, Inc. Fraud Investigation with the Schall Law Firm

Lastest from Businesswire - Tue, 03/04/2025 - 18:54
LOS ANGELES--(BUSINESS WIRE)--LINE Investors Have Opportunity to Join Lineage, Inc. Fraud Investigation with the Schall Law Firm

Horn Wright, LLP, Files Lawsuit Alleging FMLA Violations Against New York State Amid Corrections Officer Strike

Lastest from Businesswire - Tue, 03/04/2025 - 18:54
ROCHESTER, N.Y.--(BUSINESS WIRE)--Horn Wright, LLP, a leading employment law and civil rights law firm, announced today that it has filed a lawsuit in the New York State Court of Claims on behalf of a corrections employee alleging violations of the Family and Medical Leave Act (FMLA) by the state of New York. The lawsuit, Timothy Navarra v. The State of New York emerges amid ongoing labor unrest and a prolonged strike by corrections officers throughout New York. The lawsuit, filed today, allege

KBRA Assigns K1+ Rating to TBTA Payroll Mobility Tax (PMT) Bond Anticipation Notes, Series 2025A; Affirms K1+ Rating on Outstanding TBTA PMT Bond Anticipation Notes and AA+ Rating and Stable Outlook on TBTA PMT Senior Lien Bonds

Lastest from Businesswire - Tue, 03/04/2025 - 18:54
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a short-term rating of K1+ to the Triborough Bridge and Tunnel Authority (TBTA) Payroll Mobility Tax (PMT) Bond Anticipation Notes, Series 2025A. Concurrently, KBRA affirms the K1+ short-term rating on the outstanding TBTA PMT Bond Anticipation Notes, Series 2024B, and affirms the long-term rating of AA+ with a Stable Outlook for outstanding TBTA PMT Senior Lien Bonds. Key Credit Considerations The rating was assigned because of the following key credit c

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Distribution

Lastest from Businesswire - Tue, 03/04/2025 - 18:54
NEW YORK--(BUSINESS WIRE)--BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) today announced a distribution of $0.0300 per share of common stock, payable on April 1, 2025 to shareholders of record at the close of business on March 18, 2025. The ex-dividend date is March 18, 2025. The previous distribution announced in February was $0.0300 per share of common stock. The Fund intends to make regular monthly distributions to its common shareholders at a level rate based on its projec

University of Phoenix College of Doctoral Studies Releases White Paper on Workplace Optimism as a Value-added Requirement for Companies

Lastest from Businesswire - Tue, 03/04/2025 - 18:54
PHOENIX--(BUSINESS WIRE)--University of Phoenix College of Doctoral Studies has released a new white paper, “Optimism: A Value-Added Requirement for 21st Century Organizations,” by College faculty Julie A. Overbey, Ph.D., and Pamela Ann Gordon, Ph.D., both members of the University’s Center for Leadership and Entrepreneurial Research (CLER). “Optimism is an active rather than passive attitude. Optimistic workers consistently strive for positive outcomes,” Overbey states. “Organizational environ

MSIM Adds Latest Strategy, Eaton Vance High Income Municipal, to $4.7 Billion ETF Platform

Lastest from Businesswire - Tue, 03/04/2025 - 18:54
NEW YORK--(BUSINESS WIRE)--Morgan Stanley Investment Management (“MSIM”) today announced the launch of its latest ETF, Eaton Vance High Income Municipal (Ticker: “EVYM”), a high yield municipal strategy. Since the introduction of MSIM’s first ETFs in 2023, the platform has grown to $4.7 billion in ETF assets with 17 total strategies that span asset classes and themes. Listed on the Nasdaq, the latest addition to the platform is the eighth active fixed Income ETF brought to market. “The MSIM ETF

The ABA rejects efforts to undermine the courts and the legal profession

Lastest from Businesswire - Tue, 03/04/2025 - 18:54
CHICAGO--(BUSINESS WIRE)--The American Bar Association issues the following statement: Three weeks ago, the American Bar Association spoke about values that guide us. We called upon every lawyer to insist that the government adhere to four major principles of law that have guided our country for over 200 years: Defending Judges and Courts, Acknowledging the Role of the Courts, Adhering to the Rule of Law, and Respecting the Separation of Powers and the three co-equal branches of government with

Securities Fraud Investigation Into Fortrea Holdings Inc. (FTRE) Announced – Investors Who Lost Money Urged to Contact The Law Offices of Frank R. Cruz

Lastest from Businesswire - Tue, 03/04/2025 - 18:54
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Fortrea Holdings Inc. (“Fortrea” or the “Company”) (NASDAQ: FTRE) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON FORTREA HOLDINGS INC. (FTRE), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is the Investigation About? On March 3, 2025, Fortrea released its fourth quarter and ful

Ellington Financial Announces Estimated Book Value Per Common Share as of January 31, 2025

Lastest from Businesswire - Tue, 03/04/2025 - 18:54
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) ("we") today announced an estimated book value per share of common stock of $13.41 as of January 31, 2025. This estimate includes the effect of the previously announced monthly dividend of $0.13 per share of common stock, paid on February 25, 2025 to holders of record on January 31, 2025, with the same ex-dividend date. Cautionary Statement Regarding Forward-Looking Statements Estimated book value per common share is su

Q1 2025 Insurance Labor Market Study Results Reflect Ongoing Stability

Lastest from Businesswire - Tue, 03/04/2025 - 18:54
CHICAGO--(BUSINESS WIRE)-- #HiringTrends--The results of the Q1 2025 Insurance Labor Market Study reveal industry revenue and hiring projections for the next 12 months.

NVDA Investors Have Opportunity to Join NVIDIA Corporation Fraud Investigation with the Schall Law Firm

Lastest from Businesswire - Tue, 03/04/2025 - 18:54
LOS ANGELES--(BUSINESS WIRE)--NVDA Investors Have Opportunity to Join NVIDIA Corporation Fraud Investigation with the Schall Law Firm

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