Lastest from Businesswire

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 128 classes of mortgage pass-through certificates from J.P. Morgan Mortgage Trust 2025-INV2 (JPMMT 2025-INV2), a prime RMBS transaction comprising 450 residential mortgages with an aggregate interest-bearing principal balance of approximately $328.7 million as of the cut-off date. The underlying collateral includes both conforming (36.9%) and non-conforming (63.1%) loans and is secured entirely by investment properties. The pool is

NEW YORK--(BUSINESS WIRE)--Allied Gaming & Entertainment Inc. (Nasdaq: AGAE) (“Allied” or the “Company”), a global experiential entertainment and gaming company, today provided an update regarding its litigation against Knighted Pastures LLC (“Knighted”), Mr. Roy Choi, his mother Ms. Naomi Choi, and Ms. Yiu-Ting So, a long-time business associate of Mr. Choi (Knighted and Mr. Choi, the “Knighted Parties”, and the Knighted Parties, together with Ms. Choi and Ms. So, the “Knighted Group”). On

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb+” (Good) and the Long-Term Issue Credit Ratings (Long-Term IR) of Markel Group Inc. (Markel) (Glen Allen, VA). AM Best also has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICRs of “a+” (Excellent) of all the members of the Markel North America Insurance Group (Markel NA). Additionally, AM Best has affirmed the FSR of A (Excellent) and the Long-Term

DENVER--(BUSINESS WIRE)--The Principal Real Estate Income Fund (NYSE:PGZ) announces the sources of a distribution paid on November 21, 2025 of $0.1050 per share to shareholders of record at the close of business on November 7, 2025, pursuant to the Fund's managed distribution plan. This press release is issued as required by an exemptive order granted to the Fund by the U.S. Securities and Exchange Commission and includes the notice below sent to shareholders regarding the source of the distrib

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) announced today that its Chairman & Chief Executive Officer, Ron O’Hanley, and its Chief Financial Officer, John Woods, will present at the Goldman Sachs 2025 Financial Services Conference in New York, NY on Wednesday, December 10, 2025 at approximately 9:20 am ET. An audio webcast of the event will be accessible on the home page of State Street’s Investor Relations website, https://investors.statestreet.com/. A recorded replay w

NEW YORK--(BUSINESS WIRE)--KKR & Co. Inc. (NYSE: KKR) announced today that Scott C. Nuttall, Co-Chief Executive Officer, will present at the Goldman Sachs 2025 Financial Services Conference on Tuesday, December 9, 2025 at 8:40AM ET. A live webcast of the presentation will be available on the Investor Center section of KKR’s website at https://ir.kkr.com/events-presentations/. For those unable to listen to the live webcast, a replay will be available on the website shortly after the event. A

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb” (Good) from “bbb+” (Good) and affirmed the Financial Strength Rating (FSR) of B++ (Good) of Catholic Order of Foresters (COF) (Naperville, IL). The outlook of the FSR has been revised to negative from stable. The outlook of the Long-Term ICR is negative. The Credit Ratings (ratings) reflect COF’s balance sheet strength, which AM Best assesses as adequate, as well as its adequate op

LOS ANGELES--(BUSINESS WIRE)--The Board of Trustees of Source Capital (NYSE: SOR) (the “Fund”), approved maintaining the Fund’s regular monthly distribution rate for December 2025, January 2026, and February 2026 as follows: Regular Monthly Distributions: Month   Rate per Common Share   Record Date   Payable Date December 2025   $0.2083   December 16, 2025   December 30, 2025  January 2026   $0.2083    January 15, 2026    January 30, 2026  February 2026   $0.2083    February 13, 2026    Februar

CENTER VALLEY, Pa.--(BUSINESS WIRE)---- $FOUR--Shift4 (NYSE: FOUR), the leader in integrated payments and commerce technology, today announced its participation in the following investor conference. On Wednesday, December 3, Christopher N. Cruz, Chief Financial Officer, will present at the UBS Global Technology and AI conference. The discussion will begin at 2:15 p.m. Eastern Time and last for approximately 30 minutes. Management will also be available for one-on-one and small group meetings. Listen-only

LOS ANGELES--(BUSINESS WIRE)--CBB Bancorp, Inc. (“CBB” or the “Company”) (OTCQX: CBBI), the parent company of Commonwealth Business Bank (the “Bank”), today announced the appointment of Seungho Park as President and Chief Executive Officer of both the Company and the Bank, effective as of 11/21, 2025. Mr. Park will be replacing Richard Koh, who served in this position since April of this year and first joined the organization as Chief Financial Officer in 2023. Seungho Park has most recently se

ATLANTA--(BUSINESS WIRE)--A high-level Japanese delegation specializing in the automotive industry concluded a three-day visit to South Carolina (November 17–19), further strengthening ties between Japanese and U.S. leaders in the sector. Organized by the Japan External Trade Organization (JETRO) and co-organized by the South Carolina Department of Commerce, the Charleston Regional Development Alliance, and the Upstate SC Alliance, the visit featured tours of key facilities within South Carolin

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of First American Title Insurance Company (Omaha, NE) and its title affiliates, which are referred to as First American Title Insurance Group (FATIG). In addition, AM Best has affirmed the Long-Term ICR of “bbb” (Good) of the parent holding company, First American Financial Corporation (FAF) (Delaware) [NYSE: FAF]. T

FORT WORTH, Texas--(BUSINESS WIRE)--With the federal government now reopened following a 43-day shutdown, First Command Financial Services, Inc. has announced that it extended more than $10 million in financial support to military families and federal workers— including a $5 million, interest-free line of credit to Coast Guard Mutual Assistance (CGMA). More than 900 clients and their families participated in First Command’s shutdown relief program, which offered zero-interest payroll advances a

WASHINGTON--(BUSINESS WIRE)--Certified Financial Planner Board of Standards, Inc. (CFP Board), a nonprofit organization with more than 106,000 CFP® professionals, today announced actions taken to uphold its ethical standards, imposing sanctions on 11 individuals. CFP Board is a professional body that has adopted a Code of Ethics and Standards of Conduct (Code and Standards) that benefits and protects the public and advances financial planning as a distinct and valuable profession. The Code and

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 6 classes of Mortgage Participation Pass-Through Certificates from J.P. Morgan Mortgage Trust 2025-HE3 (JPMMT 2025-HE3). J.P. Morgan Mortgage Trust 2025-HE3 (JPMMT 2025-HE3) is a $600.0 million RMBS transaction sponsored by JPMorgan Chase Bank, National Association (JPMCB) and Mercury-Redstone Holdings LLC consisting entirely of first and second lien home equity line of credit (HELOC) loans. The underlying pool is seasoned approxima

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of American National Insurance Company (ANICO) and its affiliates, American National Life Insurance Company of Texas and American National Life Insurance Company of New York (Glenmont, NY). These companies are collectively referred to as the American National Group (ANG). In addition, AM Best has affirmed the FSR of

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP reminds investors of the upcoming January 12, 2026 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Freeport-McMoran Inc. (“Freeport” or the “Company”) (NYSE: FCX) securities between February 15, 2022 and September 24, 2025, inclusive (the “Class Period”). IF YOU SUFFERED A LOSS ON YOUR FREEPORT INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING C

PITTSBURGH--(BUSINESS WIRE)--The Federal Home Loan Bank of Pittsburgh announced the results of its 2025 Board election.

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) of Castle Harbour Insurance Limited (Castle Harbour) and Harrington Sound Insurance Limited (Harrington). These companies are captive insurance companies of SLB N.V. (SLB). The outlook of these Credit Ratings (ratings) is stable. Both captives are domiciled in Bermuda. The ratings of Castle Harbour and Harrington reflect the companies’ b

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to eight classes of mortgage-backed notes from BRAVO Residential Funding Trust 2025-CES3 (BRAVO 2025-CES3), a $364.1 million RMBS transaction, sponsored by Loan Funding Structure LLC, an affiliate of PIMCO. BRAVO 2025-CES3 consists entirely of closed-end second lien mortgages (CES; 100.0%) and is seasoned approximately two months. The underlying pool comprises of 4,155 loans originated primarily by Rocket Mortgage, LLC (40.9%) and Penn