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Affeld Grivakes LLP: Mr. Nature, a 40-Year-Old Latino- and Family-Owned Small Business, Sues Largest LA-Based Bank, City National Bank, After Bank Closes Down the Business Over Holiday Season

Lastest from Businesswire - Mon, 02/14/2022 - 22:48
LOS ANGELES--(BUSINESS WIRE)-- #affeldgrivakes--City National Bank closes down 40-year-old Latino-owned small family business, Mr. Nature, over the holiday season, prompting questions and a lawsuit.

INVESTIGATION ALERT: The Schall Law Firm Encourages Investors in Cortexyme, Inc. with Losses of $100,000 to Contact the Firm

Lastest from Businesswire - Mon, 02/14/2022 - 22:48
LOS ANGELES--(BUSINESS WIRE)---- $CRTX #CRTX--The Schall Law Firm Encourages Investors in Cortexyme, Inc. with Losses of $100,000 to Contact the Firm

Lost Money in Cronos Group, Inc.?

Lastest from Businesswire - Mon, 02/14/2022 - 19:47
OAKLAND, Calif.--(BUSINESS WIRE)---- $CRON #CRON--Gibbs Law Group is investigating potential legal claims on behalf of CRON investors.

KKR Real Estate Finance Trust Inc. Announces Closing of $1.0 Billion CLO

Lastest from Businesswire - Mon, 02/14/2022 - 19:47
NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (the “Company” or “KREF”) (NYSE: KREF) today announced the closing of KREF 2022-FL3, a $1.0 billion managed Commercial Real Estate Collateralized Loan Obligation (“FL3 CRE CLO”) on February 10, 2022. The FL3 CRE CLO finances two mortgage loans and 14 pari passu participation interests in KREF’s loan portfolio, all in the multifamily property segment, and provides KREF with match-term financing on a non-mark-to-market and non-recourse

Ziff Davis Reports Fourth Quarter and Year End 2021 Preliminary Unaudited Results and Provides 2022 Guidance

Lastest from Businesswire - Mon, 02/14/2022 - 19:47
NEW YORK--(BUSINESS WIRE)--Ziff Davis, Inc. (NASDAQ: ZD) today reported preliminary unaudited financial results for the fourth quarter and year ended December 31, 2021.

Ecofin Sustainable and Social Impact Term Fund (TEAF) Provides Update on Direct Investments and Portfolio Allocation

Lastest from Businesswire - Mon, 02/14/2022 - 19:47
OVERLAND PARK, Kan.--(BUSINESS WIRE)--Ecofin Sustainable and Social Impact Term Fund (NYSE: TEAF) provides an update on the fund’s direct investments, portfolio asset allocation, structure types and impact statistics as of January 31, 2022, on the company website here. On a monthly basis, details on each private deal that has taken place over the prior month will be published here. The list includes all deals completed since the fund’s inception through January 31, 2022. Updates will continue t

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Sea Limited (SE) on Behalf of Investors

Lastest from Businesswire - Mon, 02/14/2022 - 19:47
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Sea Limited (“Sea” or the “Company”) (NYSE: SE) investors concerning the Company’s possible violations of federal securities laws. On February 14, 2022, Bloomberg reported that “India has banned 54 apps it says are of Chinese origin, including Sea Ltd.’s marquee game Free Fire, citing security concerns.” On this news, Sea’s stock declined as much as 18% during intraday trading on February 14,

Source Capital, Inc. Declares Monthly Distributions on Common Stock

Lastest from Businesswire - Mon, 02/14/2022 - 19:47
LOS ANGELES--(BUSINESS WIRE)--The Board of Directors of Source Capital, Inc. (NYSE: SOR) (the “Fund”), today approved maintaining the Fund’s regular monthly distribution rate for each of the next three months as follows: Regular Monthly Distributions: Month Rate per Common Share Record Date Payable Date March 2022 $0.185 March 16, 2022 March 31, 2022 April 2022 $0.185 April 19, 2022 April 29, 2022 May 2022 $0.185 May 17, 2022 May 31, 2022 About Source Capital, Inc. Source Capital, Inc. is a clo

D.A. Davidson & Co. Acts as Exclusive Financial Advisor to Protecht Group in Its Significant Growth Investment From Arrowroot Capital

Lastest from Businesswire - Mon, 02/14/2022 - 19:47
PORTLAND, Ore.--(BUSINESS WIRE)-- #DADavidsonIB--D.A. Davidson advises Protecht Group on securing a Series A investment from Arrowroot Capital.

Berkshire Hathaway Inc. News Release

Lastest from Businesswire - Mon, 02/14/2022 - 19:47
OMAHA, Neb.--(BUSINESS WIRE)--(BRK.A; BRK.B) – Tom Murphy, a member of Berkshire Hathaway’s Board of Directors since 2003, has resigned from Berkshire’s Board effective today. Warren Buffett, Berkshire’s Chairman and CEO, issued the following statement. “Tom Murphy has taught me more about running a business than any other person. We have been friends and mental partners for more than 50 years. My only regret is that I didn’t meet him earlier. Tom phoned me today and said that recovering from a

Bain Capital Specialty Finance, Inc. Announces Formation of Bain Capital Senior Loan Program, LLC

Lastest from Businesswire - Mon, 02/14/2022 - 19:47
BOSTON--(BUSINESS WIRE)--Bain Capital Specialty Finance, Inc. (NYSE: BCSF, the “Company”) today announced the formation of Bain Capital Senior Loan Program, LLC (“SLP”). The SLP will provide BCSF with greater balance sheet flexibility to capitalize on senior middle market loan opportunities to borrowers in North America. The SLP has total initial capital commitments of $358 million. BCSF has a 50% economic ownership of SLP, with the remaining ownership being held by a credit focused investment

KBRA Assigns Preliminary Ratings to ABPCI Direct Lending Fund ABS II LLC

Lastest from Businesswire - Mon, 02/14/2022 - 19:47
NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA assigns preliminary ratings to four classes of notes issued by ABPCI Direct Lending Fund ABS II LLC (ABPCI DLF ABS II), a securitization backed by a portfolio of primarily recurring revenue and middle market corporate loans. ABPCI DLF ABS II is a $450.0 million securitization managed by AB Private Credit Investors LLC (“AB-PCI” or the “Collateral Manager”), an investment adviser and a subsidiary of Alliance Bernstein L.P. The securitization consists of $200.0 mil

Protecht Group to Accelerate Growth with $42MM Series A Investment from Arrowroot Capital

Lastest from Businesswire - Mon, 02/14/2022 - 19:47
SYDNEY--(BUSINESS WIRE)-- #governance--Protecht Group secures a Series A investment from Arrowroot Capital to further accelerate growth.

Strategy Analytics: Green Mobile Operators Need Holistic Approach to Achieve Net Zero Target

Lastest from Businesswire - Mon, 02/14/2022 - 19:47
BOSTON--(BUSINESS WIRE)--With more and more countries, regions, cities, and companies establishing carbon neutrality targets, it is time for mobile network operators to make a clear commitment to net zero emissions. A goal that not only demonstrates a company’s social responsibility but also brings financial benefits by optimizing operating costs. Strategy Analytics’ new report The Journey Towards A Net Zero Mobile Network, reviews approaches that enable mobile network operators to achieve thei

Dan Houston to Speak at BofA Securities 2022 Insurance Conference

Lastest from Businesswire - Mon, 02/14/2022 - 16:47
DES MOINES, Iowa--(BUSINESS WIRE)--Principal announced Dan Houston, chairman, president & CEO, will participate in a fireside chat at the BofA Securities 2022 Insurance Conference.

digitalundivided’s BREAKTHROUGH in Partnership with JPMorgan Chase’s Advancing Black Pathways Launches in Dallas, Texas

Lastest from Businesswire - Mon, 02/14/2022 - 16:47
NEWARK, N.J.--(BUSINESS WIRE)--digitalundivided, the leading non-profit leveraging the power of data, programs, and advocacy to catalyze economic growth for Latina and Black women entrepreneurs, is partnering with JPMorgan Chase’s Advancing Black Pathways, to launch the business intensive and grant program, BREAKTHROUGH in Dallas, Texas. After the success of the program in the Greater Los Angeles area last year, BREAKTHROUGH returns to support Latina and Black women entrepreneurs with innovativ

Discover Financial Services to Present at KBW Fintech Payments Conference

Lastest from Businesswire - Mon, 02/14/2022 - 16:47
RIVERWOODS, Ill.--(BUSINESS WIRE)--John Greene, executive vice president and chief financial officer at Discover, will present at the KBW Fintech Payments Conference in New York on Thursday, March 3, 2022, at 10:15 a.m. EST. A link to the listen-only live audio webcast will be posted on the day of the conference to Discover's Investor Relations website at http://investorrelations.discover.com. A replay will be available for 90 days after the conference at the same website address. About Discove

Air Lease Corporation Announces Lease Placement of 25 New Boeing 737-8 Aircraft with Malaysia Aviation Group

Lastest from Businesswire - Mon, 02/14/2022 - 16:47
LOS ANGELES--(BUSINESS WIRE)--Today Air Lease Corporation (NYSE: AL) announced long-term lease placements for 25 new Boeing 737-8 aircraft with Malaysia Aviation Group (MAG), parent company of Malaysia Airlines Berhad (MAB). The aircraft are scheduled to deliver to the airline starting in early 2023 through the beginning of 2026 from ALC’s orderbook with Boeing. “ALC is pleased to announce this significant deal for 25 new 737-8 aircraft with MAG,” said Steven F. Udvar-Házy, Executive Chairman o

Butterfield Reports Fourth Quarter and Full Year 2021 Results

Lastest from Businesswire - Mon, 02/14/2022 - 16:47
HAMILTON, Bermuda--(BUSINESS WIRE)--The Bank of N.T. Butterfield & Son Limited ("Butterfield" or the "Bank") (BSX: NTB.BH; NYSE: NTB) today announced financial results for the fourth quarter and year ended December 31, 2021. Net income for the year ended December 31, 2021 was $162.7 million, or $3.26 per diluted common share, compared to $147.2 million, or $2.90 per diluted common share, for the year ended December 31, 2020. Core net income1 for the year ended December 31, 2021 was $163.6 m

Cathay General Bancorp Declares $0.34 Per Share Dividend

Lastest from Businesswire - Mon, 02/14/2022 - 16:47
LOS ANGELES--(BUSINESS WIRE)--Cathay General Bancorp (Nasdaq: CATY) announced that its Board of Directors declared a cash dividend of thirty-four cents per common share, payable on March 7, 2022, to stockholders of record at the close of business on February 25, 2022. ABOUT CATHAY GENERAL BANCORP Cathay General Bancorp is the holding company for Cathay Bank, a California state-chartered bank. Cathay General Bancorp’s website is found at www.cathaygeneralbancorp.com. Founded in 1962, Cathay Bank

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