Feed aggregator

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Array Technologies, Inc. (“Array” or the “Company”) (NASDAQ: ARRY) investors concerning the Company’s possible violations of federal securities laws. On March 15, 2023, Array announced that it would be unable to file its 2022 Annual Report within the 15-day extension period given after its previously filed Notification of Late Filing. The Company explained that it “required additional time to

NEW YORK--(BUSINESS WIRE)--Citibank, N.A. said today it has raised its base lending rate to 8.00% from 7.75%, effective tomorrow, Thursday, March 23, 2023. About Citi Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in nearly 160 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a br

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #artificialintelligence--BlackSky selected by National Reconnaissance Office to explore commercial hyperspectral imagery capabilities.

PEMBROKE, Bermuda--(BUSINESS WIRE)---- $AXS #earnings--AXIS Capital Holdings Limited (“AXIS Capital” or the “Company”) (NYSE: AXS) today announced that it expects to release financial results for the first quarter ended March 31, 2023 on Wednesday, April 26, 2023 after the close of the financial markets. Albert Benchimol, President and Chief Executive Officer, Vince Tizzio, CEO Specialty Insurance and Reinsurance, and Peter Vogt, Chief Financial Officer, will host an investor teleconference, including a question

NEW YORK--(BUSINESS WIRE)---- $VOYA--Voya Financial, Inc. (NYSE: VOYA), announced today that Stephen “Biff” Bowman and Hikmet Ersek have been elected to the company’s board of directors, effective today. Bowman was most recently chief financial officer of Northern Trust Corporation (NASDAQ: NTRS), a leading provider of wealth management, asset servicing, asset management and banking. He will serve on the board’s audit committee; risk, investment and finance committee; and technology, innovation and opera

PASADENA, Calif.--(BUSINESS WIRE)--Western Asset Mortgage Capital Corporation (the “Company”) (NYSE: WMC) announced today that its Board of Directors has declared a cash dividend of $0.35 per share for the first quarter of 2023. Today’s dividend is payable on April 26, 2023 to common shareholders of record as of April 3, 2023, with an ex-dividend date of March 31, 2023. In addition, the Company estimates that its GAAP book value per share, as of February 28, 2023, was approximately $16.95. The

GREENVILLE, S.C.--(BUSINESS WIRE)--Regional Management Corp. (NYSE: RM), a diversified consumer finance company, announced today that it has commenced lending operations in Arizona, its 19th U.S. state, and expects to open its first branch within Arizona during the second quarter of 2023. “We are excited to bring our suite of affordable financial solutions to consumers in Arizona and further expand our operations within the southwestern U.S.,” said Robert W. Beck, President and Chief Executive

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces $269 million Refinancing of Legacy CLO

SAN DIEGO--(BUSINESS WIRE)--Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, today announced the appointment of William (“Bill”) Burnham to its Board of Directors. Mr. Burnham brings more than 20 years of extensive investment and capital markets experience as an institutional investor, venture capitalist and public equity analyst. As the Founder and Managing Partner of Inductive

SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart (NASDAQ: UPST), a leading artificial intelligence (AI) lending marketplace, today announced the launch of the Upstart Macro Index (UMI). In an industry first, UMI is designed to estimate how changing macroeconomic conditions, such as personal savings rate, inflation, and unemployment, are impacting the credit performance of Upstart-powered loans. “To date, it’s been difficult for lenders to isolate the impact of the macroeconomy on their loan portfoli

SAN DIEGO--(BUSINESS WIRE)---- $PCG #PGECorporation--PG&E Corporation (PCG) Made False and Misleading Statements Regarding its Wildfire Safety Practices

BOSTON--(BUSINESS WIRE)--Santander Bank, N.A. announced today it has raised its prime rate from 7.75% to 8.0%, effective March 22, 2023. Santander Bank, N.A. is one of the country’s largest retail and commercial banks with $99 billion in assets. With its corporate offices in Boston, the Bank’s nearly 9,000 employees and more than 2 million customers are principally located in Massachusetts, New Hampshire, Connecticut, Rhode Island, New York, New Jersey, Pennsylvania and Delaware. The Bank is a

LOS ANGELES--(BUSINESS WIRE)---- $ROK #ROK--The Schall Law Firm Announces it is Investigating Claims Against Rockwell Automation, Inc. and Encourages Investors with Losses to Contact the Firm

MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP), today announced that 67 of its financial advisors were named to the 2023 Barron’s “Top 1,200 Financial Advisors” list. Barron’s recognizes the industry’s top advisors according to several factors including levels of ethical standards, professionalism and success in the business. The rankings are based on data provided by more than 4,000 of the nation’s most productive advisors. “We applaud the advisors who have been recognize

NEW YORK--(BUSINESS WIRE)--Pryor Cashman won the complete dismissal of claims brought against its client, renowned and revolutionary digital artist Kevin McCoy, regarding his creation in 2014 of what is generally understood to be the world’s first non-fungible token (“NFT”). McCoy created his NFT in association with his digital artwork Quantum, which McCoy later sold through Sotheby’s in 2021 for $1.47 million. The case, Free Holdings Inc. v. Kevin McCoy and Sotheby’s, Inc., is one of the first

PALO ALTO, Calif.--(BUSINESS WIRE)--SkyHive®, a generative AI software company that is helping companies and communities around the world move from job-based to skill-based, is proud to announce that its Founder and CEO, Sean Hinton, has been selected by the Aspen Institute to be part of its prestigious 2023 Henry Crown Fellowship Program. The program, which was established in 1997, includes entrepreneurial leaders such as Aneel Bhusri of Workday, Reed Hastings of Netflix, Reid Hoffman of Linke

ARLINGTON, Va.--(BUSINESS WIRE)--As the threat of a TikTok ban looms, 45% of marketers admit the app likely spies on users, but 75% still plan to increase spend in the coming year.

SOMERSET, N.J.--(BUSINESS WIRE)--SHI International, one of the world's largest IT solutions providers, named LPGA Tour golfers Allisen Corpuz and Annie Park as its newest official brand ambassadors. Both will wear SHI-branded gear when they compete, starting this week with the Drive On Championship in Gold Canyon, Arizona. SHI, an LPGA Tour official technology partner, continues to expand its reach while recognizing and promoting innovation and excellence across a variety of industries. Corpuz

FRANKLIN, Tenn.--(BUSINESS WIRE)--In a time when members are focusing on inflation and safeguarding their finances, Alliant Credit Union is offering to provide $2000 of Accidental Death and Dismemberment (AD&D) insurance for each of their members by partnering with Franklin Madison. Alliant Credit Union’s commitment to disrupting the financial industry for the good of their members includes offering insurance that their members may not have access to otherwise. “Our partnership with Frankli

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of TAL Education Group (“TAL” or the “Company”) (NYSE: TAL) investors concerning the Company’s possible violations of the federal securities laws. If you suffered a loss on your TAL investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you ca