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Ellington Credit Company Reports Preliminary Fourth Quarter 2024 Results and Provides Conversion Update

Lastest from Businesswire - Mon, 02/03/2025 - 18:39
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) ("we") today reported the following preliminary fourth quarter financial results, and update on its portfolio and pending conversion to a CLO closed-end fund. Book value per common share is estimated to be in the range of $6.52 to $6.54 as of December 31, 2024, including the effects of dividends of $0.24 per common share declared during the quarter. Net income (loss) per common share is estimated to be in the range of

KBRA Assigns Preliminary Ratings to Verus Securitization Trust 2025-INV1 (VERUS 2025-INV1)

Lastest from Businesswire - Mon, 02/03/2025 - 18:39
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to six classes of mortgage pass-through certificates from Verus Securitization Trust 2025-INV1 (VERUS 2025-INV1), an approximately $515.2 million investor cash flow non-prime RMBS transaction. The underlying collateral, comprising 1,337 rental property mortgages, is characterized by a significant concentration of loans underwritten using DSCRs. All the loans were originated for business purpose and are exempt from the Ability-to-Repay

Kirby McInerney LLP Urges Investors in Applied Therapeutics, Inc. (APLT) to Inquire About Their Rights in Class Action Lawsuit

Lastest from Businesswire - Mon, 02/03/2025 - 18:39
NEW YORK--(BUSINESS WIRE)---- $APLT #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 Applied Therapeutics, Inc. (“Applied Therapeutics” or the “Company”) (NASDAQ:APLT) securities between January 3, 2024, to December 2, 2024 (“the Class Period”). Investors have until February 18, 2025, to apply to the Court to be appointed as lead plaintiff in the lawsuit. [LEAR

KBRA Assigns Preliminary Ratings to Castlelake Aircraft Structured Trust 2025-1

Lastest from Businesswire - Mon, 02/03/2025 - 18:39
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to the Class A Notes, Class B Notes, and Class C Notes issued by Castlelake Aircraft Structured Trust 2025-1, an aviation ABS transaction (CLAS 2025-1). CLAS 2025-1 represents the 11th aviation ABS transaction sponsored by the Company. CLAS 2025-1 will be serviced by Castlelake Aviation Holdings (Ireland) Limited and Castlelake, L.P. The Company is comprised of over 220 individuals operating out of eight offices with headquarters in Mi

SUI INVESTOR ALERT: Kirby McInerney LLP Reminds Sun Communities, Inc. Investors of Looming Lead Plaintiff Deadline in Class Action Lawsuit

Lastest from Businesswire - Mon, 02/03/2025 - 18:39
NEW YORK--(BUSINESS WIRE)---- $SUI #CLASSACTIONLAWSUIT--The law firm of Kirby McInerney LLP notifies investors of the approaching February 10, 2025, deadline to seek the role of lead plaintiff in a federal securities class action filed on behalf of those who acquired Sun Communities, Inc. (“SUI” or the “Company”) (NYSE:SUI) securities during the period from February 28, 2019, to September 24, 2024 (“the Class Period”). [LEARN MORE ABOUT THE CLASS ACTION] On September 24, 2024, Blue Orca Capital published a report that SUI’

KBRA Assigns Preliminary Ratings to IRV 2025-200P

Lastest from Businesswire - Mon, 02/03/2025 - 18:39
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA announces the assignment of preliminary ratings to four classes of IRV 2025-200P, a CMBS single-borrower securitization. The collateral for the transaction is a $1.5 billion floating rate, interest-only mortgage loan. The fixed rate loan has a 10-year term and requires monthly interest-only payments based on an assumed interest rate of 6.25%. The loan is secured by the borrower’s fee simple, grant of term and leasehold interests in 200 Park Avenue, which is commo

Jason Fair Named Managing Partner of Robins Kaplan California Offices

Lastest from Businesswire - Mon, 02/03/2025 - 18:39
LOS ANGELES--(BUSINESS WIRE)--National trial law firm Robins Kaplan LLP announced today that Jason Fair has been named Managing Partner of the firm’s Los Angeles and Silicon Valley offices. He succeeds Michael Geibelson, who has held the position since 2015. Mr. Geibelson will continue to play a key role in the firm’s leadership and focus on servicing clients and handling high-exposure trial work. As Mr. Fair steps into this role, the firm is well-positioned to build on the achievements of Mr.

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

Lastest from Businesswire - Mon, 02/03/2025 - 18:39
NEW YORK--(BUSINESS WIRE)---- $BBN--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Municipal Funds: Declaration- 2/3/2025 Ex-Date- 2/14/2025 Record- 2/14/2025 Payable- 2/26/2025 National Funds Ticker Distribution Change From Prior Distribution BlackRock Municipal Income Fund, Inc.* MUI $0.055000 - Notes: MUI’s distribution payable to shareholders will be paid in cash. MUI will delist from the NYSE on February 14, 2025. Declaration- 2/3/2025 Ex-Date- 2/1

Applied Therapeutics, Inc. (APLT) Investors: February 18, 2025 Filing Deadline in Securities Class Action - Contact Kessler Topaz Meltzer & Check, LLP

Lastest from Businesswire - Mon, 02/03/2025 - 18:39
RADNOR, Pa.--(BUSINESS WIRE)-- #classaction--The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Applied Therapeutics, Inc. (“Applied Therapeutics”) (NASDAQ: APLT) on behalf of those who purchased or otherwise acquired Applied Therapeutics securities between January 3, 2024, and December 2, 2024, inclusive (the “Class Period”). The lead plaintiff deadline is February 18, 2025. CONTACT KESSLER TOPAZ MELTZER &

Altadena Residents File Lawsuit Against Southern California Edison Over Devastating Eaton Fire

Lastest from Businesswire - Mon, 02/03/2025 - 18:39
LOS ANGELES--(BUSINESS WIRE)-- #Altadena--Wildfire Victim Advocates Consortium Files Lawsuit Against Southern California Edison on Behalf of Altadena Residents Following Eaton Fire

Notice of Withdrawal and Refiling of Premerger Notification and Report Form Under the HSR Act

Lastest from Businesswire - Mon, 02/03/2025 - 18:39
STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) (“United Rentals”) announced today that it has withdrawn and refiled its Premerger Notification and Report Form under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR Act”), in connection with United Rentals’ pending acquisition of H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”). As previously announced on January 28, 2025, United Rentals, through its wholly owned subsidiary UR Merger Su

Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds

Lastest from Businesswire - Mon, 02/03/2025 - 18:39
BOSTON--(BUSINESS WIRE)--The following Eaton Vance closed-end funds (the “Funds”) announced distributions today as detailed below. Declaration – 2/3/2025 Ex-Date – 2/13/2025 Record – 2/13/2025 Payable – 2/24/2025 Municipal Bond Funds:   Fund Ticker Distribution Change From Prior Distribution Closing Market Price – 1/31/25 Distribution Rate at Market Price Eaton Vance California Municipal Income Trust CEV $0.0500 - $10.14 5.92% Eaton Vance Municipal Income Trust EVN $0.0513 - $10.31 5.97% Taxabl

Hicks Thomas Partners Named Among the Nation’s Top Environmental Lawyers

Lastest from Businesswire - Mon, 02/03/2025 - 18:39
HOUSTON--(BUSINESS WIRE)--Four partners with Hicks Thomas LLP have been named to the 2025 Lawdragon 500 Leading Environmental Lawyers – The Green 500, a guide to the top environmental lawyers in the United States. Partners John B. Thomas, John Deis, Courtney Ervin and Eric Grant were recognized for their work in environmental litigation. “Whether it is navigating federal and state environmental regulations or handling a contamination claim, I am very proud of our team’s ability to handle these

Intercontinental Exchange CFO Warren Gardiner to Present at the Bank of America Securities 2025 Financial Services Conference on February 11

Lastest from Businesswire - Mon, 02/03/2025 - 18:39
ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, announced today that Warren Gardiner, CFO, will present at the Bank of America Securities 2025 Financial Services. The presentation will take place on Tuesday, February 11 at 1:00 p.m. ET. The presentation will be available live and in replay via webcast and can be accessed in the investor relations and media section of ICE’s website at http://ir.theice.com. About I

Angel Oak Financial Strategies Income Term Trust Declares February 2025 Distribution

Lastest from Businesswire - Mon, 02/03/2025 - 18:39
ATLANTA--(BUSINESS WIRE)--Angel Oak Financial Strategies Income Term Trust Declares February 2025 Distribution

Chemours Announces Dates for Fourth Quarter 2024 Earnings Release and Webcast Conference Call

Lastest from Businesswire - Mon, 02/03/2025 - 18:39
WILMINGTON, Del.--(BUSINESS WIRE)---- $CC--Chemours Announces Dates for Fourth Quarter 2024 Earnings Release and Webcast Conference Call

Ibotta To Announce Fourth Quarter 2024 Financial Results on February 26, 2025

Lastest from Businesswire - Mon, 02/03/2025 - 18:39
DENVER--(BUSINESS WIRE)--Ibotta (NYSE: IBTA), which operates the largest digital promotions network in North America, announced today that it will report fourth quarter 2024 financial results after the market closes on Wednesday, February 26, 2025. Management will host a conference call and webcast to discuss Ibotta’s financial results, recent developments, and business outlook at 2:30 p.m. MT/4:30 p.m. ET following the release of the financial results. What: Ibotta Fourth Quarter 2024 Financia

Equity Residential Reports Fourth Quarter 2024 Results

Lastest from Businesswire - Mon, 02/03/2025 - 18:39
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today reported results for the quarter and year ended December 31, 2024 and has posted a Q4 2024 Management Presentation to its website as referenced below. Fourth Quarter 2024 Results All per share results are reported as available to common shares/units on a diluted basis.                                     Quarter Ended December 31,           2024     2023     $ Change     % Change       Earnings Per Share (EPS)   $ 1.10     $ 0.82  

MFS Announces Closed-End Fund Distributions

Lastest from Businesswire - Mon, 02/03/2025 - 18:39
BOSTON--(BUSINESS WIRE)--MFS Announces Closed End Fund Distributions for February 2025

Pacific Coast Oil Trust Announces Monthly Net Profits Interest Calculations

Lastest from Businesswire - Mon, 02/03/2025 - 18:39
HOUSTON--(BUSINESS WIRE)--PACIFIC COAST OIL TRUST (OTC–ROYTL) (the “Trust”), a royalty trust formed by Pacific Coast Energy Company LP (“PCEC”), announced today that there will be no cash distribution to the holders of its units of beneficial interest of record on January 31, 2025 based on the Trust’s calculation of net profits generated during November 2024 (the “Current Month”) as provided in the conveyance of net profits interests and overriding royalty interest (the “Conveyance”). As furthe

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