Feed aggregator

Record $1.6 Million Awarded in the 25th Anniversary Finals of Chicago Booth’s New Venture Challenge; First-place Winner Andes STR Lands More Than $660,000

Lastest from Businesswire - Fri, 06/04/2021 - 14:15
CHICAGO--(BUSINESS WIRE)-- #ChicagoNVC--A record $1.6 million was invested in student startups competing in the New Venture Challenge at the University of Chicago Booth School of Business.

BlackRock Multi-Sector Opportunities Trust II Announces Distribution

Lastest from Businesswire - Fri, 06/04/2021 - 14:15
NEW YORK--(BUSINESS WIRE)--The Board of Trustees of BlackRock Multi-Sector Opportunities Trust II (the “Trust”) (CUSIP: 09258V101) announced today the Trust’s quarterly distribution, payable on June 30, 2021. Details are as follows: Ex-Date- 6/29/2021 Record Date- 6/28/2021 Payable Date- 6/30/2021 Trust Ticker Quarterly Per- Share Distribution Annualized Current Distribution Rate expressed as a percentage of net asset value (“NAV”)* BlackRock Multi-Sector Opportunities Trust II XMSAX $1.578 6.8

BlackRock Multi-Sector Opportunities Trust Announces Distribution

Lastest from Businesswire - Fri, 06/04/2021 - 14:15
NEW YORK--(BUSINESS WIRE)--The Board of Trustees of BlackRock Multi-Sector Opportunities Trust (the “Trust”) (CUSIP: 09190C104) announced today the Trust’s quarterly distribution, payable on June 30, 2021. Details are as follows: Ex-Date- 6/14/2021 Record Date-6/15/2021 Payable Date- 6/30/2021 Trust Ticker Quarterly Per- Share Distribution Annualized Current Distribution Rate expressed as a percentage of net asset value (“NAV”)* BlackRock Multi-Sector Opportunities Trust XMSOX $1.521 6.7% *The

KBRA Releases Monthly CMBS Trend Watch

Lastest from Businesswire - Fri, 06/04/2021 - 14:15
NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) releases the May 2021 issue of CMBS Trend Watch. CMBS private label pricing volume ended the month of May at $4.7 billion, bringing the year-to-date (YTD) issuance total to $30.6 billion. On a year-over-year (YoY) basis, volume is up 15.5% from 2020. We currently have visibility of up to 15 deals that may launch this June, including four conduits, four to six single-borrower (SB) transactions, two Freddie Mac K-Series, and as many as th

Ameriprise Offers Employees and Advisors Unique Ways to Give Back for its National Days of Service

Lastest from Businesswire - Fri, 06/04/2021 - 14:15
MINNEAPOLIS--(BUSINESS WIRE)--Amid the rapidly changing environment, Ameriprise Financial is offering its employees and advisors multiple ways to participate in its signature National Days of Service volunteer program, which focuses on helping to end hunger in communities across the country. In partnership with Feeding America®, the nation’s largest domestic hunger-relief organization, Ameriprise advisors and employees are encouraged to either volunteer in-person at nonprofits (depending on the

Federal Reserve to Speak at the Next Cyber Fraud Intelligence Series: “Defining the Threat of Synthetic Identity Fraud”

Lastest from Businesswire - Fri, 06/04/2021 - 14:15
BOSTON--(BUSINESS WIRE)-- #SIF--Federal Reserve to Speak at the Next Cyber Fraud Intelligence Series: “Defining the Threat of Synthetic Identity Fraud”

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Provention Bio, Inc. (PRVB)

Lastest from Businesswire - Fri, 06/04/2021 - 14:15
LOS ANGELES--(BUSINESS WIRE)---- $PRVB #CLASSACTION--Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming July 20, 2021 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Provention Bio, Inc. ("Provention" or the "Company") (NASDAQ: PRVB) securities between November 2, 2020 and April 8, 2021, inclusive (the “Class Period”). If you suffered a loss on your Provention investments or would like to inquire about potentially pur

Ikon Pass Wins First Gold Telly Award With “Do Winter” Video Campaign

Lastest from Businesswire - Fri, 06/04/2021 - 14:15
DENVER--(BUSINESS WIRE)--Alterra Mountain Company was awarded a 2021 Gold Telly Award in the Online Commercials - Campaign category for its “Do Winter” Ikon Pass video series produced by Stept Studios. This marks the very first Gold Telly Award and the third consecutive recognition for Ikon Pass promotional campaigns. Ikon Pass also received a Silver Telly Award in 2019 and 2020. The four-part “Do Winter” series of short videos ran in November 2020 to generate excitement for the 2020/2021 winte

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Virgin Galactic Holdings, Inc. (SPCE) Investors

Lastest from Businesswire - Fri, 06/04/2021 - 14:15
BENSALEM, Pa.--(BUSINESS WIRE)---- $SPCE #CLASSACTION--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Virgin Galactic Holdings, Inc. (“Virgin Galactic” or the “Company”) (NYSE: SPCE) securities between October 26, 2019 and April 30, 3021, inclusive (the “Class Period”). Virgin Galactic investors have until July 27, 2021 to file a lead plaintiff motion. Investors suffering losses on their Virgin Galactic investments are encouraged to contact the

VanEck Announces Revised Net Asset Value Information for VanEck Vectors® Oil Services ETF (OIH)

Lastest from Businesswire - Fri, 06/04/2021 - 14:15
NEW YORK--(BUSINESS WIRE)--VanEck announces restatement of NAV per share of the VanEck Vectors Oil Services ETF (OIH)

AM Best Assigns Issue Credit Rating to The Travelers Companies, Inc.’s New Senior Unsecured Notes

Lastest from Businesswire - Fri, 06/04/2021 - 14:15
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Long-Term Issue Credit Rating of “a+” (Excellent) to the new $750 million, 3.05% 30-year senior unsecured notes due June 8, 2051, recently issued by The Travelers Companies, Inc. (Travelers) (headquartered in New York, NY) [NYSE: TRV]. The outlook assigned to this Credit Rating (rating) is stable. All other ratings of Travelers and its subsidiaries are unchanged. The proceeds from the sale of the notes will be used for general corporate pur

KBRA Assigns Preliminary Ratings to STEAM 2021-3

Lastest from Businesswire - Fri, 06/04/2021 - 14:15
NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to USQ Rail II LLC (“U.S. Issuer”) and USQ Canada Rail II ULC (“Canadian Issuer”, and together with the U.S. Issuer, the “Issuers”), Series 2021-3 (“STEAM 2021-3”), a railcar leasing securitization. The Issuers are newly formed special purpose entities and wholly owned subsidiaries (directly or indirectly) of ITE Rail Fund Levered L.P. (“ITE Rail Levered”) and have been structured to issue multiple series of

Citizens Financial Group Announces Redemption of 250,000 Shares of its Series A Non-Cumulative Perpetual Preferred Stock

Lastest from Businesswire - Fri, 06/04/2021 - 14:15
PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group Announces Redemption of 250,000 Shares of its Series A Non-Cumulative Perpetual Preferred Stock

AM Best Places Credit Ratings of Unified Life Insurance Company Under Review With Negative Implications

Lastest from Businesswire - Fri, 06/04/2021 - 14:15
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has placed under review with negative implications the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of bbb+ (Good) of Unified Life Insurance Company (Unified Life) (headquartered in Overland Park, KS). The Credit Rating (rating) actions reflect a significant deterioration of capital and surplus and risk-adjusted capitalization in the first quarter 2021, driven primarily by the recording of a $5.4 million reserve for a lit

Pages