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KBRA Assigns Preliminary Ratings to New Residential Mortgage Loan Trust 2025-NQM7 (NRMLT 2025-NQM7)

Lastest from Businesswire - Tue, 12/09/2025 - 18:18
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 10 classes of mortgage-backed notes from New Residential Mortgage Loan Trust 2025-NQM7 (NRMLT 2025-NQM7), a $493.7 million non-prime RMBS transaction sponsored by Rithm Capital Corp. (formerly New Residential Investment Corp.), a publicly traded (NYSE: RITM) real estate investment trust (REIT). The underlying mortgages in the subject pool were primarily originated by NewRez LLC (48.7%) and Champions Funding, LLC (16.1%). In addition

Barings Global Short Duration High Yield Fund Announces December 2025 Monthly Distribution of $0.1223 per Share

Lastest from Businesswire - Tue, 12/09/2025 - 18:18
CHARLOTTE, N.C.--(BUSINESS WIRE)--The Barings Global Short Duration High Yield Fund (the “Fund”) (NYSE: BGH) announced its monthly dividend for December 2025 of $0.1223 per share, payable on January 2, 2026. Based on the Fund’s November 28, 2025 share price of $15.18 per share, the dividend represents an annualized yield of 9.67% per share. Based on current projections through the payable date, the Fund expects that this dividend will be comprised of net investment income. In addition, the Fund

GAUZ Investors Have Opportunity to Lead Gauzy Ltd. Securities Fraud Lawsuit with the Schall Law Firm

Lastest from Businesswire - Tue, 12/09/2025 - 18:18
LOS ANGELES--(BUSINESS WIRE)---- $GAUZ--GAUZ Investors Have Opportunity to Lead Gauzy Ltd. Securities Fraud Lawsuit with the Schall Law Firm

Holiday Gifting Going Digital: Wells Fargo Study Reveals Growing Trend

Lastest from Businesswire - Tue, 12/09/2025 - 15:18
SAN FRANCISCO--(BUSINESS WIRE)--A new Wells Fargo survey released today finds younger generations are driving a major shift toward digital cash gifts and holiday tips — favoring convenience and choice over traditional wrapped presents. Insights from the consumer survey look into the ways people give holiday gifts to family and friends, and holiday tips to service workers. The findings highlight gift giving and receiving preference. The study also reveals the median gift/tip to service workers i

Waverly Advisors Acquires Forefront Wealth Management

Lastest from Businesswire - Tue, 12/09/2025 - 15:18
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Waverly Advisors, LLC (“Waverly”), a federally registered investment adviser (“RIA”) that specializes in investment management, financial planning and wealth management solutions for a diverse group of high-net-worth individuals, corporate retirement plans and institutional clients, has acquired Forefront Wealth Management (“Forefront”), a wealth management firm located in Malvern, PA. This partnership supports Waverly’s growth strategy in the Mid-Atlantic mar

Membership Trends for the Employer-Group Medicare Advantage Market by Mark Farrah Associates

Lastest from Businesswire - Tue, 12/09/2025 - 15:18
CANONSBURG, Pa.--(BUSINESS WIRE)--MFA provided insights into the current employer-group Medicare Advantage market and assessed membership trends by carrier and state.

Generational Group Advises Yeary Controls in its Sale to Opus Water

Lastest from Businesswire - Tue, 12/09/2025 - 15:18
DALLAS--(BUSINESS WIRE)--Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of Yeary Controls to Opus Water. The acquisition closed in November 2025. Yeary Controls provides innovative control valves, actuators, and flow control accessories designed to perform under demanding operating conditions. Its technologies address challenges such as pressure regulation, noise reduction, and cavitation control. Yeary Control

Mainstay Healthcare Partners Expands Advisory Platform with Formation of Strategic Advisory Board Reflecting Its Philosophy of Deep, Experience-Driven Partnership

Lastest from Businesswire - Tue, 12/09/2025 - 15:18
BOSTON--(BUSINESS WIRE)--Mainstay Healthcare Partners (“Mainstay”), a strategic advisory and investment firm serving healthcare services and health technology companies, today announced the formation of its Strategic Advisory Board, bringing together industry-leading operators, investors and executive advisors who embody Mainstay’s philosophy of trusted, long-term partnership grounded in real operating experience. The creation of this team of strategic advisors reinforces Mainstay’s approach of

Zebec Integrates Privy’s Wallet Infrastructure Into Its Payroll SuperApp

Lastest from Businesswire - Tue, 12/09/2025 - 15:18
SAN FRANCISCO--(BUSINESS WIRE)--Zebec, the blockchain-powered payroll and real-time payments network, today announced the integration of Privy’s embedded wallet infrastructure into the Zebec SuperApp. The upgrade opens a path to connect Zebec’s stablecoin-based payroll and disbursement rails with Privy, a Stripe company’s, broader ecosystem. The integration gives employers and workers access to a frictionless, secure wallet experience inside the Zebec SuperApp, while aligning crypto onboarding

Dallas Judge Orders Bob Lovell to Pay More Than $5.7 Million in Workplace Sexual Harassment and Sexual Assault Case

Lastest from Businesswire - Tue, 12/09/2025 - 15:18
DALLAS--(BUSINESS WIRE)--In a landmark decision, a Dallas County Court at Law has ordered Robert “Bob” Lovell, the longtime owner and president of Home Marketing Services Inc. (HMS), to pay $5,740,095 in damages, fees, and interest after finding he repeatedly sexually harassed, sexually assaulted, and maliciously retaliated against a female employee he supervised. According to ALM’s VerdictSearch, the ruling is the third largest sexual harassment judgment ever in Texas for a single plaintiff. T

Frank McGrew Joins Greenwich Capital Group to Spearhead Growth and Serve Global Clients from Newly Expanded Nashville Office

Lastest from Businesswire - Tue, 12/09/2025 - 15:18
NASHVILLE, Tenn.--(BUSINESS WIRE)--Greenwich Capital Group LLC (“GCG”), a leading independent investment bank serving middle-market businesses, private equity firms, and public companies, announced that Frank A. McGrew IV has joined as Managing Director, Co-Head of the Nashville Office, and Co-Head of the Industrials practice. McGrew brings over 35 years of global transaction experience and deep relationships with private equity and family offices, further strengthening GCG’s strategic expansio

LegalShield Data: Rising Consumer Stress Casts Debt Cloud Over Holidays

Lastest from Businesswire - Tue, 12/09/2025 - 15:18
ADA, Okla.--(BUSINESS WIRE)--Americans kicked off the holiday season with record spending — and record requests for legal help with their debts. LegalShield's Consumer Legal Stress Index (CLSI) climbed to 72.5 in November, its ninth consecutive monthly increase (up 9.4% YoY), driven by a sharp spike in calls about billing disputes, debt collection and loan modifications. The Consumer Finance subindex jumped 4.6% in just two months to 113.3, signaling that financial strain has shifted from a loo

Independent Financial Partners (IFP) Welcomes CenterBridge Planning Group From Commonwealth, Adding Over $700 Million in Client Assets

Lastest from Businesswire - Tue, 12/09/2025 - 15:18
TAMPA, Fla.--(BUSINESS WIRE)--Independent Financial Partners (IFP) adds CenterBridge Planning Group from Commonwealth, a five-advisor team managing over $700M in assets.

Tyk Marks 10 Years in Business by Proving British Tech Can Grow Responsibly

Lastest from Businesswire - Tue, 12/09/2025 - 15:18
ATLANTA--(BUSINESS WIRE)--Tyk, the independent UK software company powering millions of digital transactions worldwide, is marking its tenth anniversary with B Corp certification - a milestone that recognises a decade of growth built on purpose, not hype. Founded in London in 2014 by Martin Buhr, Tyk began as a one-man side project and has grown into a company of 150 people in 30 countries. Its API management platform now underpins the digital infrastructure of banks, retailers and telcos acros

Eastern Bank Named #1 SBA Lender in Massachusetts for the 17th Year in a Row

Lastest from Businesswire - Tue, 12/09/2025 - 15:18
BOSTON--(BUSINESS WIRE)--Eastern Bank has been named by the U.S. Small Business Administration (SBA) as the top lender to small businesses for SBA 7(a) loans in Massachusetts for the 17th consecutive year. “Eastern is proud to once again be recognized by the Small Business Administration as the top SBA lender in Massachusetts. This achievement reflects our deep commitment to helping local business owners access the resources they need to grow and thrive,” said Quincy Miller, Vice Chair, Preside

KBRA Assigns Preliminary Ratings to Verus Securitization Trust 2025-12 (VERUS 2025-12)

Lastest from Businesswire - Tue, 12/09/2025 - 15:18
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 15 classes of mortgage pass-through notes from Verus Securitization Trust 2025-12 (VERUS 2025-12), a $620.9 million non-prime RMBS transaction. The underlying collateral comprises 1,208 residential mortgages and is characterized by a significant concentration of loans underwritten using alternative income documentation. Borrowers in the subject pool possess a non-zero WA original credit score of 739 and exhibit moderate equity in ea

JLens and ADL Applaud Microsoft Shareholders’ Vote to Reject BDS-Aligned Proposal 9 at Annual Meeting

Lastest from Businesswire - Tue, 12/09/2025 - 15:18
NEW YORK--(BUSINESS WIRE)--JLens, a Registered Investment Advisor affiliated with ADL (the Anti-Defamation League), welcomes the vote by Microsoft Corporation (“Microsoft” or the “Company”) (NASDAQ: MSFT) shareholders AGAINST Proposal 9 at the Company’s 2025 Annual Shareholder Meeting. This shareholder resolution, aligned with the Boycott, Divestment and Sanctions (“BDS”) movement, called for conflict-specific human rights due diligence targeting Israel. Consistent with the Board of Directors’

KBRA Assigns K1+ Rating to Cobb County School District, GA's Short-Term Construction Notes, Series 2026; Affirms K1+ Rating for Series 2025 Construction Notes and AAA Rating for Implied G.O. Credit

Lastest from Businesswire - Tue, 12/09/2025 - 15:18
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a short-term rating of K1+ to Cobb County School District, Georgia's Short-Term Construction Notes, Series 2026, due December 15, 2026. Proceeds will be applied toward the current expenses of acquiring, constructing, equipping and upgrading various school facilities and improvements approved by voters at referendum, and to pay expenses related thereto until the collection of a 1% sales and use tax for educational purposes (the "Sales Tax", or "Ed-SPLOST")

Kaufman County Jury Awards $10.45 Million to Shooting Victim in Corporate Event Negligence Case

Lastest from Businesswire - Tue, 12/09/2025 - 15:18
DALLAS--(BUSINESS WIRE)--A Kaufman County jury has awarded $10.45 million to plaintiff Felissa Gamero, finding Cummings Electrical, L.P., and its employees negligent in connection with a shooting that occurred during a company-sponsored business event on April 29, 2023. The verdict is believed to be the second largest in Kaufman County history. Jurors found that Cummings Electrical failed to provide adequate supervision, proper event planning, and safe premises conditions, leading to Mrs. Gamer

PACCAR Announces Extra Cash Dividend

Lastest from Businesswire - Tue, 12/09/2025 - 15:18
BELLEVUE, Wash.--(BUSINESS WIRE)--PACCAR Inc’s Board of Directors today declared an extra cash dividend of one dollar and forty cents ($1.40) per share, payable on January 7, 2026, to stockholders of record at the close of business on December 19, 2025. Mark Pigott, executive chairman, shared, “PACCAR is celebrating 120 years of innovation and industry leadership. PACCAR has generated excellent shareholder returns due to its durable and reliable vehicles, strong aftermarket parts and financial

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