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Northern Trust Secures Platinum Asset Management Asset Servicing Business

Lastest from Businesswire - Tue, 01/14/2025 - 18:27
SYDNEY--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) announced today that it has been appointed by Sydney-based Platinum Asset Management to provide comprehensive asset servicing solutions across their Australian funds. Platinum Asset Management, founded in 1994, focuses on global equities and has approximately AU$11billion in total funds under management. Under the terms of the new mandate, Northern Trust will provide custody, fund administration, regulatory reporting, investment operations

Selective Insurance Schedules Earnings Release and Conference Call to Announce Fourth Quarter 2024 Results

Lastest from Businesswire - Tue, 01/14/2025 - 18:27
BRANCHVILLE, N.J.--(BUSINESS WIRE)-- #SelectiveInsurance--Selective Insurance Schedules Earnings Release and Conference Call to Announce Fourth Quarter 2024 Results

Generational Group Advises Ray Roberts Services, Inc. in Its Sale to an Undisclosed Private Investor

Lastest from Businesswire - Tue, 01/14/2025 - 18:27
DALLAS--(BUSINESS WIRE)--Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of its client, Ray Roberts Services, Inc. to an undisclosed Private Investor. The acquisition closed January 13, 2025. Located in Quitman, TX, Ray Roberts Services, Inc., is a family-owned and operated HVAC company that has been dedicated to keeping families comfortable year-round since 1979. As an exclusive Rheem dealer, the company offers

The Baldwin Group to Report Fourth Quarter 2024 Results on Tuesday, February 25, 2025

Lastest from Businesswire - Tue, 01/14/2025 - 18:27
TAMPA, Fla.--(BUSINESS WIRE)--The Baldwin Group, the brand name for The Baldwin Insurance Group, Inc. (“Baldwin” or the “Company”) (NASDAQ: BWIN), announced today that it will report its fourth quarter 2024 financial results after the market closes on Tuesday, February 25, 2025. The Company will hold a conference call to discuss results at 5:00 PM ET on that day. The dial-in number for the conference call is (877) 451-6152 (toll-free) or (201) 389-0879 (international). Please dial the number 10

Strategic Storage Trust VI, Inc. Announces Successful Refinancing of Loans for Four Properties

Lastest from Businesswire - Tue, 01/14/2025 - 18:27
LADERA RANCH, Calif.--(BUSINESS WIRE)--Strategic Storage Trust VI, Inc. (“SST VI”), a publicly registered non-traded real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), is pleased to announce the successful refinancing of loans for four of its Canadian properties. This strategic move addresses the loans’ upcoming 2025 maturities and will effectively reduce SST VI’s interest rate by approximately 100 basis points (bps) as compared to the pre

Aviation Capital Group Announces Delivery of One Boeing 737-8 MAX to Air India Express

Lastest from Businesswire - Tue, 01/14/2025 - 18:27
NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- #acg--Aviation Capital Group LLC (ACG), a premier global full-service aircraft asset manager, announced the delivery of one Boeing 737-8 MAX aircraft to Air India Express. Featuring CFM International LEAP-1B engines, this is the first aircraft scheduled to deliver to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and Air India Express. ACG specializes in commercial aircraft leasing and aviation finance. In addition to aircraft

Intel Capital to Become Standalone Investment Fund

Lastest from Businesswire - Tue, 01/14/2025 - 18:27
SANTA CLARA, Calif.--(BUSINESS WIRE)--Intel Corporation plans to separate Intel Capital, its global venture capital arm, into a standalone fund.

Vroom Completes Recapitalization

Lastest from Businesswire - Tue, 01/14/2025 - 18:27
NEW YORK--(BUSINESS WIRE)--Vroom, Inc., a leading automotive finance company and a data, AI-powered analytics and digital services platform supporting the automotive industry, today announced that as of January 14, 2025, it has successfully completed its recapitalization of unsecured convertible senior notes and emerged from the prepackaged Chapter 11 case it voluntarily filed in the U.S. Bankruptcy Court for the Southern District of Texas. Vroom emerges without any long-term debt at Vroom, Inc

Houlihan Lokey Announces Release Date for Third Quarter Results for Fiscal Year 2025

Lastest from Businesswire - Tue, 01/14/2025 - 18:27
LOS ANGELES & NEW YORK--(BUSINESS WIRE)--Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, today announced that it will release its third quarter results for the 2025 fiscal year on Tuesday, January 28, 2025, after the close of trading on the New York Stock Exchange. Houlihan Lokey will host a conference call at 5:00 p.m. (ET) that same day to review the results. On the call, Scott Adelson, Chief Executive Officer, and Lindsey Alley, Chief Financial Officer, will discuss the fiscal 2

Equitable Holdings Schedules Announcement of Full Year and Fourth Quarter 2024 Results

Lastest from Businesswire - Tue, 01/14/2025 - 18:27
NEW YORK--(BUSINESS WIRE)--Equitable Holdings Schedules Announcement of Full Year and Fourth Quarter 2024 Results

Forge Global Names Former London Stock Exchange Group Executive James Nevin as New CFO

Lastest from Businesswire - Tue, 01/14/2025 - 18:27
SAN FRANCISCO--(BUSINESS WIRE)--Forge Global Holdings, Inc. (“Forge,” or the “Company”) (NYSE: FRGE), a leading global private securities marketplace, today announced the appointment of former London Stock Exchange Group (LSEG) executive James Nevin as its new CFO, effective January 20, 2025. Mr. Nevin will succeed CFO Mark Lee, who has held the role since 2018. Mr. Lee will continue to contribute his expertise to Forge, overseeing strategic financial and wealth initiatives as Chief of Strategi

Citigroup Declares Common Stock Dividend; Citigroup Declares Preferred Dividends

Lastest from Businesswire - Tue, 01/14/2025 - 18:27
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Citigroup Inc. yesterday declared a quarterly dividend on Citigroup’s common stock of $0.56 per share, payable on February 28, 2025, to stockholders of record on February 3, 2025. The Board of Directors of Citigroup Inc. also declared dividends on Citigroup’s preferred stock as follows: – 6.250% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series T, payable February 18, 2025, to holders of record on February 7, 2025. Holders of dep

Eaton Vance Municipal Bond Fund Announces Final Results of Tender Offer

Lastest from Businesswire - Tue, 01/14/2025 - 18:27
BOSTON--(BUSINESS WIRE)--Eaton Vance Municipal Bond Fund (NYSE American: EIM) (the “Fund”) announced today the final results of the Fund’s cash tender offer for the following amount of its outstanding common shares (the “Tender Offer”). The Tender Offer expired at 5:00 p.m. Eastern Time on January 10, 2025. The final results of the Tender Offer based on a count by Equiniti Trust Company, LLC, the depositary for the Tender Offer, are provided in the table below. Common Shares Offered to Purchase

Mesabi Trust Press Release

Lastest from Businesswire - Tue, 01/14/2025 - 18:27
NEW YORK--(BUSINESS WIRE)--Announcement of Mesabi Trust Distribution The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of five dollars ninety-five cents ($5.95) per Unit of Beneficial Interest payable on February 20, 2025 to Mesabi Trust Unitholders of record at the close of business on January 30, 2025. This compares to a thirty-seven cents ($0.37) per Unit distribution declared and paid for the same period last year. The Trustees’ announcement today of a five dollars ninety-five

FIS Wins 2024 Banking Tech Awards for Excellence in Payment Solutions

Lastest from Businesswire - Tue, 01/14/2025 - 18:27
JACKSONVILLE, Fla.--(BUSINESS WIRE)--FIS® (NYSE: FIS), a global leader in financial technology, today announced that its innovative Receivables Suite within the FIS Automated Finance solutions portfolio has been named "Best Digital Solution Provider – PayTech for Businesses" during the 2024 Banking Tech Awards. This recognition underscores FIS' commitment to unlocking technology to enable the seamless movement of money across the payments lifecycle and delivering a best-in-class payments experi

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

Lastest from Businesswire - Tue, 01/14/2025 - 18:27
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 Progyny, Inc. (“Progyny” or the “Company”) (NASDAQ: PGNY) investors concerning the Company’s possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON PROGYNY, INC. (PGNY), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. What Happened? On September 18, 20

Estrella Insurance Named Among the Top Franchises in Entrepreneur Magazine’s Franchise 500® Ranking

Lastest from Businesswire - Tue, 01/14/2025 - 18:27
MIAMI--(BUSINESS WIRE)-- #estrella--Estrella Insurance was recognized as one of the top 500 franchises for the 13th consecutive year, in the 46th edition of Entrepreneur’s Franchise 500®, the world’s first and most comprehensive franchise ranking. The 2025 Franchise 500® ranks Estrella Insurance as #1 in Category for its outstanding performance in several areas including unit growth, financial strength and stability, and brand power. “This recognition reflects the strength of Estrella’s proven business mod

Western Alliance Bank to Donate $100,000 to American Red Cross to Support Communities Impacted by Southern California Wildfires

Lastest from Businesswire - Tue, 01/14/2025 - 18:27
PHOENIX--(BUSINESS WIRE)--Western Alliance Bank (NYSE: WAL) today announced it is donating $100,000 to the American Red Cross to help support people and communities impacted by the devastating Southern California wildfires. This donation comprises funds from the Western Alliance Community Foundation, the charitable arm of Western Alliance Bank, as well as employee contributions, which the Bank is matching. Western Alliance also announced that it is dedicating $1 billion in loan capacity to supp

The Law Offices of Frank R. Cruz Announces Investigation of Masimo Corporation (MASI) on Behalf of Investors

Lastest from Businesswire - Tue, 01/14/2025 - 18:27
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz Announces Investigation of Masimo Corporation (MASI) on Behalf of Investors

AM Best and IMCA to Host Marketing Leader Lunch on What Insurance Marketers Should Know About Insurance Data

Lastest from Businesswire - Tue, 01/14/2025 - 15:27
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best will host a joint presentation with the Insurance Marketing & Communications Association (IMCA) CMO Council, titled, “By the Numbers: What Insurance Marketers Should Know About Insurance Data” on Friday, Jan. 24, 2025, at Noon (EST). Register today. In this webinar, a panel of insurance marketing experts will: Discuss innovative and evolving applications of data and predictive analytics in marketing. Highlight key metrics and ratios that insurance mar

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