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MFS Announces Closed-End Fund Distributions
BOSTON--(BUSINESS WIRE)--MFS Announces Closed-End Fund Distributions for August 2025
KBRA Assigns Preliminary Ratings to NMEF Funding 2025-B, LLC
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to six classes of notes issued by NMEF Funding 2025-B, LLC (NMEF 2025-B), an equipment ABS. NMEF 2025-B represents North Mill Equipment Finance LLC’s (North Mill or the Company) tenth equipment ABS. North Mill is an independent equipment finance company created in 2012 when Colford Capital Holdings LLC acquired and re-branded Equilease Financial Services (Equilease), which had been founded in 1957. InterVest Capital Partners Inc. (Inte
Lazard Announces Closing of Senior Notes Offering by Lazard Group LLC
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) announced today that its subsidiary Lazard Group LLC (“Lazard Group”) has completed its previously announced offering (the “Offering”) of $300,000,000 aggregate principal amount of 5.625% Senior Notes due 2035 (the “Notes”). The Notes were issued by Lazard Group and were offered pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission. The Notes are senior unsecured obligations of Lazard Group. Th
Cardlytics Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
ATLANTA--(BUSINESS WIRE)--Cardlytics, Inc. (NASDAQ: CDLX) today announced that on July 30, 2025, the Compensation Committee of Cardlytics’ Board of Directors granted an aggregate of 454,600 restricted stock units of Cardlytics to two newly hired employees. The restricted stock units were granted as material inducements to employment with Cardlytics in accordance with Nasdaq Listing Rule 5635(c)(4) and were granted under the Cardlytics, Inc. 2022 Inducement Plan (the “2022 Inducement Plan”). For
E*TRADE from Morgan Stanley Releases Monthly Sector Rotation Study
NEW YORK--(BUSINESS WIRE)--E*TRADE from Morgan Stanley today released the data from its monthly sector rotation study, based on the E*TRADE customer notional net percentage buy/sell behavior for stocks that comprise the S&P 500 sectors. About E*TRADE from Morgan Stanley and Important Notices E*TRADE from Morgan Stanley provides financial services to retail customers. Securities products and advisory services offered by Morgan Stanley Smith Barney LLC, Member SIPC and a Registered Investment
Transitional Housing Project Breaks Ground With $2M Grant from FHLB Dallas and Catalyst Bank
OPELOUSAS, La.--(BUSINESS WIRE)-- #affordablehousing--Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) joined Catalyst Bank, The Refinery Mission and elected officials to break ground today on The Rig housing development. The project was made possible in part by a $2 million FHLB Dallas Affordable Housing Program (AHP) grant through FHLB Dallas member Catalyst Bank. “This is our third round of AHP funding, and it has enabled us to fast track our growth,” said Johnny Carriere, executive direct
PHLT Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Performant Healthcare, Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Performant Healthcare, Inc. (NASDAQ: PHLT) to Machinify for $7.75 in cash is fair to Performant shareholders. Halper Sadeh encourages Performant shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Performant and it
A-CAP Announces Strategic Financing
NEW YORK--(BUSINESS WIRE)--Advantage Capital Holdings, LLC (“A-CAP” or “the Company”), a New York-based insurance and financial services company with over $16 billion in assets, today announced that one of its wholly owned subsidiaries has completed a strategic capital transaction with affiliates of BDT & MSD Partners, LLC (“BDT & MSD”). The investment is structured as a credit facility with features that provide flexibility to support the company’s growth and long-term objectives. “We
AM Best Downgrades Credit Ratings of Allegany Insurance Group’s Members
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has downgraded the Financial Strength Rating to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Ratings to “a-” (Excellent) from “a” (Excellent) of the members of Allegany Insurance Group (Allegany). These Credit Ratings (ratings) apply to Allegany Co-op Insurance Company (Cuba, NY), Conemaugh Valley Mutual Insurance Company (Johnstown, PA), and United Frontier Mutual Insurance Company (Lockport, NY). The outlook of these ratings has bee
Lazard Announces Total Consideration for Lazard Group LLC’s Cash Tender Offer for Its 3.625% Senior Notes Due 2027
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) announced today the Total Consideration as set forth in the table below in respect of the previously announced cash tender offer (the “Tender Offer”) of its subsidiary Lazard Group LLC (“Lazard Group”) for any and all of its outstanding 3.625% Senior Notes due March 1, 2027 (the “Notes”). The Tender Offer is being made upon the terms and conditions in the Offer to Purchase dated July 28, 2025. The Tender Offer will expire today at 5:00 p.m. (N
