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MINNEAPOLIS--(BUSINESS WIRE)---- $MFIN #Activist--ZimCal Asset Management through BIMIZCI Fund LLC responds (again) to Medallion Financial’s recent misleading press release designed to manipulate stockholders. Notably, BIMIZCI Fund LLC — not ZimCal or Mr. Hodges — is the nominating stockholder, a distinction Medallion deliberately blurs. Despite BIMIZCI Fund LLC being the nominating stockholder, Medallion (NASDAQ:MFIN) elected to lead with “Stephen Hodges and his affiliates” because their goals are clear. Use a se

HAWTHORNE, Calif.--(BUSINESS WIRE)--FutureCorp LLC (together with its affiliates, "FutureCorp"), a new investment firm that seeks to connect frontier economies with public-market investors, has announced its launch. FutureCorp expects to sponsor publicly listed vehicles focused on next decade's frontier economies. This will include a series of special purpose acquisition companies and publicly traded funds holding late-stage private companies. FutureCorp's first frontier is space. The firm's fi

HOUSTON--(BUSINESS WIRE)--For the second consecutive year, the Houston trial firm Bissinger, Oshman, Williams & Strasburger (BOWS) has been recognized by the Chambers USA Guide, widely regarded as the most respected global legal directory. In addition, firm partner David Bissinger has earned individual recognition in the 2026 edition of the exclusive ratings list, which showcases leading legal talent both regionally and nationally. Both the firm and Mr. Bissinger are cited by Chambers for e

CHEYENNE, Wyo.--(BUSINESS WIRE)--Kraken, the multi-asset trading platform powered by Payward, today opened access to the SpaceX initial public offering (IPO) through Payward Services' newly launched IPO Access offering. SpaceX is the first listing Kraken is making available through the program. Eligible Kraken customers in over 110 countries, including the EEA, can submit a non-binding expression of interest to participate in the IPO process. Made possible by Payward’s xStocks tokenized equitie

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has maintained the under review with positive implications status for the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Mountain West Farm Bureau Mutual Insurance Company (Mountain West) (Laramie, WY).The Credit Ratings (ratings) were placed under review with positive implications in October 2025 (see related press release) following the announcement of a strategic transaction to merge Mountain West into

HONG KONG--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” (Superior) of Mitsui Sumitomo Insurance Company, Limited (MSI) (Japan) and its subsidiaries (see below for related list). Concurrently, AM Best has affirmed the FSR of A+ (Superior) and the Long-Term ICR of “aa” (Superior) of Aioi Nissay Dowa Insurance Company Limited (ADI) (Japan). AM Best also has affirmed the FSR of A- (Excellent

AUSTIN, Texas--(BUSINESS WIRE)--Vida Global wins a 2026 MSP Today Product of the Year Award from TMC, recognizing its AI agent operating system for impact and Channel innovation.

MORRISTOWN, N.J.--(BUSINESS WIRE)--Lightspeed successfully implements enhancements supporting the transition to new intraday margin trading requirements.

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases the May 2026 issue of CMBS Trend Watch. Private label commercial mortgage-backed securities (CMBS) continued its steady issuance pace in May, with 16 deals closing, compared to 17 in April. As in past months, single-borrower (SB) deals continue to dominate, while conduit originations remain challenged by higher rates and lender competition. Of the 16 deals, 12 were SB and four conduits, bringing the year-to-date (YTD) issuance to $56.7 billion for a 9.7%

LONDON--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Victoria Insurance Company JSC (Victoria) (Kazakhstan). The outlook of these Credit Ratings (ratings) is stable.The ratings reflect Victoria’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and weak enterprise risk management.Victoria’s balance sheet strength is und

SAN FRANCISCO--(BUSINESS WIRE)--Powerlaw Corp. (Nasdaq: PWRL), a publicly traded closed-end fund advised by Powerlaw Fund Adviser, LLC, today disclosed that Space Exploration Technologies Corp. ("SpaceX") is its single largest portfolio holding. As of May 13, 2026, PWRL's investment in SpaceX had a fair value of approximately $117.0 million, representing 19.37% of the Fund's net assets. PWRL began trading on Nasdaq following a direct listing on May 27, 2026. The Fund invests across many of the

SAN FRANCISCO--(BUSINESS WIRE)--Members of the Federal Home Loan Bank of Des Moines (FHLB Des Moines) can now pledge mortgage collateral using VantageScore 4.0 credit scores, effective immediately. The decision by FHLB Des Moines enables its over 1,200 member banks and institutions to use the VantageScore 4.0 model to score an additional 4 million consumers in the region. FHLB Des Moines joins other government-sponsored mortgage entities that now accept VantageScore 4.0 for mortgages, including

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (NASDAQ: BPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock: a monthly cash dividend of $0.132813 per share of 6.375% Non-Cumulative Monthly Income Preferred Stock, 2003 Series A, payable on June 30, 2026 to holders of record as of June 15, 2026. The Corporation also announced the following monthly distribution on its outstanding Trust Pref

STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AI--Enterprises increasingly rely on IT service management (ITSM) and related platforms for autonomous IT operations as AI adoption increases, ISG says.

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Declares Quarterly Common, Preferred Dividend

LONDON--(BUSINESS WIRE)---- $LIVN #OSA--LivaNova PLC (Nasdaq: LIVN), a market-leading medical technology company, today announced the appointment of Anne Liddy as Chief Legal Officer, effective August 31. Liddy will oversee the Company’s global legal and compliance function and serve as a member of the Executive Leadership Team. Liddy brings more than two decades of experience advising global healthcare and life sciences companies on complex legal, regulatory, M&A, and compliance matters. She joins LivaNo

ATLANTA--(BUSINESS WIRE)-- #globalpayments--Global Payments Inc. (NYSE: GPN) announced today that Cameron Bready, chief executive officer, will present live at the Mizuho Technology Conference.

PITTSBURGH--(BUSINESS WIRE)--TPG Real Estate (“TPG”) today announced the acquisition of ECHO Realty (“ECHO”), a full-service owner and operator of best-in-class grocery-anchored retail real estate, in a transaction valued at approximately $2 billion. The transaction was led by TPG in partnership with leading global investment groups, including PSP Investments, La Caisse, and Norges Bank Investment Management. ECHO owns and operates approximately 230 retail centers located across key Midwest and

NEW YORK--(BUSINESS WIRE)--Morgan Stanley Wealth Management today announced a new referral arrangement with Galaxy Digital (“Galaxy”) through which eligible clients can lend cryptocurrency to Galaxy and receive shares of exchange‑traded products (“ETPs”) with exposure to spot crypto, including, but not limited to, the Morgan Stanley Bitcoin Trust (MSBT), offered by Morgan Stanley Investment Management. This model is designed for clients that want to lend crypto assets for repayment in tradition

NEW YORK--(BUSINESS WIRE)--Motive Partners, a private investment firm focused on financial technology and tech-enabled business services, today announced that Dr. Ulrich Körner has joined the firm as an Industry Partner. Dr. Körner joins Motive following a distinguished career spanning more than 30 years across global banking and asset management, where he has led complex organizations through periods of significant change, transformation, and growth. In his role as Industry Partner, he will wo