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KBRA Assigns Preliminary Ratings to American Credit Acceptance Receivables Trust 2025-4

Lastest from Businesswire - 34 min 45 sec ago
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to five classes of notes issued by American Credit Acceptance Receivables Trust 2025-4 (“ACAR 2025-4”), an ABS transaction collateralized by a pool of auto loans. ACAR 2025-4 will issue five classes of notes totaling $549.3 million. The ratings reflect initial credit enhancement of 61.10% for the Class A notes through 16.50% for the Class E notes. Credit enhancement will consist of overcollateralization, subordination of the junior not

Franklin Resources, Inc. to Announce Fourth Quarter and Fiscal Year Results on November 7, 2025

Lastest from Businesswire - 34 min 45 sec ago
SAN MATEO, Calif.--(BUSINESS WIRE)--On Friday, November 7, 2025 at approximately 8:30 a.m. Eastern Time, Franklin Resources, Inc. (the “Company”) [NYSE:BEN] will release its fourth quarter and fiscal year 2025 operating results. A written commentary on the results will also be available via investors.franklinresources.com at approximately 8:30 a.m. Eastern Time. In addition, Jenny Johnson, President and CEO, and Matthew Nicholls, Executive Vice President, CFO and COO, will lead a live teleconfe

Range Capital Acquisition Corp. II Announces Pricing of $200 Million Initial Public Offering

Lastest from Businesswire - 34 min 45 sec ago
COLD SPRING HARBOR, N.Y.--(BUSINESS WIRE)--Range Capital Acquisition Corp. II (the “Company”) announced today the pricing of its initial public offering of 20,000,000 units, at a price of $10.00 per unit. The units are expected to commence trading on October 3, 2025 on the Nasdaq Global Market under the symbol “RNGTU.” The Company, which is led by Timothy Rotolo, is a special purpose acquisition company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisitio

AM Best Affirms Credit Ratings of Top Layer Reinsurance Ltd.

Lastest from Businesswire - 34 min 45 sec ago
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa-” (Superior) of Top Layer Reinsurance Ltd. (Top Layer) (Bermuda). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Top Layer’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and very strong enterprise risk management. Th

AM Best Revises Issuer Credit Rating Outlook to Positive for Renaissance Reinsurance Ltd., Its Members and RenaissanceRe Holdings Ltd.; Affirms Credit Ratings of DaVinciRe Holdings Ltd. and Vermeer Reinsurance Ltd.

Lastest from Businesswire - 34 min 45 sec ago
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlooks to positive from stable for the Long-Term Issuer Credit Ratings (Long-Term ICRs) and affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term ICRs of “aa-” (Superior) of Renaissance Reinsurance Ltd. (RenaissanceRe), Renaissance Reinsurance U.S. Inc. (New York, NY), RenaissanceRe Specialty U.S. Ltd., Renaissance Reinsurance of Europe Designated Activity Company (Dublin, Ireland) and RenaissanceRe Europe AG (Z

Securities Fraud Investigation Into Firefly Aerospace Inc. (FLY) Announced – Shareholders Who Lost Money Urged to Contact The Law Offices of Frank R. Cruz

Lastest from Businesswire - 34 min 45 sec ago
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Firefly Aerospace Inc. (“Firefly” or the “Company”) (NASDAQ: FLY) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON FIREFLY AEROSPACE INC. (FLY), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is the Investigation About? On September 29, 2025, Firefly disclosed that during testing,

Vergent LMS Appoints Devin Congdon as Senior Systems Administrator

Lastest from Businesswire - 34 min 45 sec ago
RIDGELAND, Miss.--(BUSINESS WIRE)-- #FinancialTechnology--Vergent LMS appoints Devin Congdon as Senior Systems Administrator to enhance cloud security and scalability for its lending platform.

AM Best Withdraws Credit Ratings of Oregon Mutual Group Members

Lastest from Businesswire - 34 min 45 sec ago
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has downgraded the Financial Strength Rating (FSR) to C++ (Marginal) from B- (Fair) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “b+” (Marginal) from “bb-” (Fair) of Oregon Mutual Insurance Company and Western Protectors Insurance Company, which are domiciled in McMinnville, OR and collectively referred to as Oregon Mutual Group. The outlook of the FSR has been revised to stable from negative, while the outlook of the Long-Term ICRs is negat

KBRA Assigns Preliminary Ratings to Angel Oak Mortgage Trust 2025-10 (AOMT 2025-10)

Lastest from Businesswire - 34 min 45 sec ago
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to eight classes of mortgage-backed certificates from Angel Oak Mortgage Trust 2025-10 (AOMT 2025-10), a $281.2 million non-prime RMBS transaction. The underlying collateral, comprised of 608 residential mortgages, is characterized by a significant concentration of loans underwritten using alternative income documentation. All the loans are either classified as exempt (54.1%) from the Ability-to-Repay/Qualified Mortgage rule due to bei

Virtus Total Return Fund Inc. Announces Second Conditional Tender Offer

Lastest from Businesswire - 34 min 45 sec ago
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Total Return Fund Inc. (NYSE: ZTR) (the “Fund”) today announced it met the conditions to trigger its second conditional tender offer (“Tender Offer”) to acquire another 10% of the Fund’s outstanding shares. This Tender Offer was triggered when the Average Trading Discount of the Fund’s shares exceeded 10% during the period from April 1, 2025 through September 26, 2025 (“measurement period”). The average trading discount during this measurement period was

Ryan Specialty to Announce Third Quarter 2025 Financial Results on Thursday, October 30, 2025

Lastest from Businesswire - 34 min 45 sec ago
CHICAGO--(BUSINESS WIRE)--Ryan Specialty Holdings, Inc. (NYSE: RYAN) (“Ryan Specialty”), a leading international specialty insurance firm, today announced it will release its Third Quarter 2025 financial results after the stock market closes on Thursday, October 30, 2025. Ryan Specialty will hold a conference call to discuss the financial results at 4:45pm Eastern Time on October 30, 2025. Interested parties may access the conference call through the live webcast, which can be accessed via this

Simpro Group Names Fred Voccola Chairman & CEO

Lastest from Businesswire - 34 min 45 sec ago
MIAMI--(BUSINESS WIRE)--Simpro Group, the global leader in AI-powered field service solutions for commercial and residential trades, today announces the appointment of Fred Voccola as Chairman of the Board and Chief Executive Officer. Voccola most recently transformed Kaseya into a $15 billion global leader by helping SMB-focused managed service providers unlock new levels of profitability, fueling Kaseya’s explosive growth, and soaring valuation. He now turns his focus to the unsung heroes of

Bank of Marin Bancorp to Webcast Q3 Earnings on Monday, October 27, 2025, at 8:30 a.m. PT

Lastest from Businesswire - 34 min 45 sec ago
NOVATO, Calif.--(BUSINESS WIRE)--Bank of Marin Bancorp (Nasdaq: BMRC) will present its third quarter earnings call via webcast on Monday, October 27, 2025, at 8:30 a.m. PT/11:30 a.m. ET. All interested parties are invited to listen to President and Chief Executive Officer Tim Myers and Executive Vice President and Chief Financial Officer Dave Bonaccorso discuss the Company's fiscal third quarter, which ended September 30, 2025. Investors will have the opportunity to listen to the webcast online

RiverNorth Capital and Income Fund, Inc. Announces Final Results of Repurchase Offer

Lastest from Businesswire - 34 min 45 sec ago
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--RiverNorth Capital and Income Fund, Inc. (the “Fund”) (NYSE: RSF), a closed-end fund, announced the final results of its repurchase offer for up to 5% of its outstanding common shares. The repurchase offer expired at 5:00 P.M. Eastern Time on October 1, 2025. Based on information provided by DST Systems, Inc., the depositary for the repurchase offer, a total of 1,793,700 shares were submitted for redemption and 212,283 shares were repurchased. In accordan

SmartFinancial Sets Dates for Third Quarter Earnings Release and Conference Call

Lastest from Businesswire - 34 min 45 sec ago
KNOXVILLE, Tenn.--(BUSINESS WIRE)--SmartFinancial, Inc. ("SmartFinancial") (NYSE: SMBK) announces details for the release of its results for the Third Quarter of 2025. SmartFinancial plans to issue its earnings release for the third quarter of 2025 on Tuesday October 21, 2025, after market close, and will host a conference call on Wednesday, October 22, 2025, at 10:00 a.m. ET. To access this interactive teleconference, dial (833) 470-1428 or (646) 844-6383 and enter the access code, 241226. A r

Molpus Woodlands Group Purchases Approximately 173,000 Acres in Alabama, Louisiana, and Mississippi

Lastest from Businesswire - 34 min 45 sec ago
JACKSON, Miss.--(BUSINESS WIRE)--The Molpus Woodlands Group, LLC (Molpus), a leading timberland investment management organization, has, on behalf of its clients, successfully purchased approximately 173,000 acres of timberland in Alabama, Louisiana, and Mississippi combined. The properties consist of well-managed, high quality timberlands. Molpus believes these timberlands present a desirable investment opportunity because they are strategically located in areas with diverse and numerous pulpw

Millrose Properties Announces Date of Third Quarter 2025 Earnings Release and Conference Call

Lastest from Businesswire - 34 min 45 sec ago
MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP, “Millrose”), the Homesite Option Purchase Platform for residential homebuilders, today announced that it will release its financial results for the third quarter ended September 30, 2025, before the market opens on Thursday, October 23, 2025. The Company will host a conference call the same day at 10:00 AM ET. The conference call and webcast, as well as relevant earnings materials, will be available through the investor relations sec

KKR & Co. Inc. to Announce Third Quarter 2025 Results

Lastest from Businesswire - 34 min 45 sec ago
NEW YORK--(BUSINESS WIRE)--KKR & Co. Inc. (NYSE: KKR) announced today that it plans to release its financial results for the third quarter 2025 on Friday, November 7, 2025, before the opening of trading on the New York Stock Exchange. A conference call to discuss KKR’s financial results will be held on Friday, November 7, 2025 at 10:00 a.m. ET. The conference call may be accessed by dialing (877) 407-0312 (U.S. callers) or +1 (201) 389-0899 (non-U.S. callers); a pass code is not required. A

CORRECTING and REPLACING Advisor.com Announces $9 Million Seed Round Investment from Walkabout Ventures, Long Ridge Founder Jim Brown

Lastest from Businesswire - 34 min 45 sec ago
CHARLESTON, S.C., and NEW YORK--(BUSINESS WIRE)--Advisor.com announced a $9 million seed round led by Walkabout Ventures

Perfect Corp. Releases Virtual Try-On for Glasses Update with New In-Platform Product Library Featuring Over 13,000 Pre-Loaded Glasses SKUs

Lastest from Businesswire - 34 min 45 sec ago
NEW YORK--(BUSINESS WIRE)--Perfect Corp., the leading AI and AR beauty and fashion technology provider and developer of ‘Beautiful AI’ solutions, proudly announces a major update to its Online Service for Virtual Glasses Try-On. The new feature introduces a comprehensive digital library of glasses products, providing brands with instant access to over 13,000 items, significantly streamlining the onboarding process and accelerating the launch of virtual try-on experiences. New In-Platform Glasse

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