Lastest from Businesswire

TAMPA, Fla.--(BUSINESS WIRE)--The Baldwin Group (“Baldwin” or the “Company”) (NASDAQ: BWIN), a leading independent insurance brokerage and advisory firm delivering tailored insurance solutions to a wide range of personal and commercial clients, today announced a long-planned leadership transition within its Underwriting, Capacity, & Technology Solutions (“UCTS”) operating group, effective January 1, 2027. Amy Carlisle will become Chief Executive Officer of UCTS, succeeding Jim Roche, who wi

NEW YORK--(BUSINESS WIRE)--If you have suffered a loss on your Paysafe Limited (“Paysafe” or the “Company”) (NYSE:PSFE) investment, contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below to discuss your rights or interests in the securities fraud class action lawsuit at no cost. Investors have until April 7, 2026 to ask the Court to appoint them as lead plaintiff. Courts do not consider applications filed after this deadline. The

NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed on behalf of investors who acquired Franklin BSP Realty Trust, Inc. (“Franklin” or the “Company”) (NYSE:FBRT) securities during the period of November 5, 2024 through February 22, 2026, inclusive (“the Class Period”). If you suffered a loss on your Franklin investments, you have until April 27, 2026 to request lead plaintiff appointment. Courts do not consider lead plaintiff appli

RADNOR, Pa.--(BUSINESS WIRE)-- #classaction--Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, has launched an investigation into Mister Car Wash, Inc.'s (NASDAQ: MCW) board of directors and its controlling stockholder, Leonard Green & Partners, L.P., for potential breaches of their fiduciary duties to stockholders in connection with a potential take-private sale of Mister Car Wash that would cash out minority stockholders for $7 per share. What

NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund (NYSE: BRW) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, is notifying shareholders, prospective shareholders, and third parties of the sources of distributions pursuant to Section 19(a) of the Investment Company Act of 1940 (the “Investment Company Act”). IMPORTANT INFORMATION REGARDING MONTHLY DISTRIBUTION Distribution Notice. Pursuant to Section 19(a) of the In

NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, is notifying shareholders, prospective shareholders, and third parties of the sources of distributions pursuant to Section 19(a) of the Investment Company Act of 1940 (the “Investment Company Act”). IMPORTANT INFORMATION REGARDING MONTHLY DISTRIBUTION Distribution Notice. Pursuant to Section 19(a) of th

NEW YORK--(BUSINESS WIRE)--Syncora Guarantee Inc. (“Syncora Guarantee”) today announced that certain financial information of Syncora Guarantee has been made available on Syncora Guarantee's website (www.syncoraguarantee.com). The information posted is Syncora Guarantee’s Annual Statement containing the unaudited Statutory Basis Financial Statements as of December 31, 2025 filed with the NAIC. About Syncora Guarantee Inc. Syncora Guarantee Inc. is a New York-domiciled insurance company that is

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Franklin BSP Realty Trust, Inc. (“FBRT” or the “Company”) (NYSE: FBRT) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON FRANKLIN BSP REALTY TRUST, INC. (FBRT), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is the Investigation About? On February 11, 2026, FBRT released its fourth

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--The 30+ day delinquency rate among KBRA-rated U.S. private label commercial mortgage-backed securities (CMBS) decreased to 7.5% in February from 8.1% in January, while the distress rate (reflecting delinquent plus current-but-specially-serviced loans) decreased to 10.3% from 10.7%. The office delinquency rate decreased 110 basis points (bps) this month to 12.8%. As reported last month, One New York Plaza ($810 million in ONYP 2020-1NYP) was modified and extended, whic

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of “a-” (Excellent) to the recently issued CAD 400 million, 4.4% senior unsecured notes, due February 2036, of Fairfax Financial Holdings Limited (Fairfax) (Toronto, Canada) [TSX: FFH]. The outlook assigned to this Credit Rating (rating) is stable. At the same time, AM Best has commented that the Long-Term IR of “a-” (Excellent) on the CAD 300 million 5.1% senior unsecured notes, due August 2055,

NEW YORK--(BUSINESS WIRE)---- $BUI--BlackRock Utilities, Infrastructure, & Power Opportunities Trust (NYSE: BUI) (the "Fund") today announced the terms of transferable rights ("Rights") to be issued to the holders of the Fund's common shares of beneficial interest (par value $0.001 per share) ("Shares") as of March 9, 2026 (the "Record Date"). Holders of Rights will be entitled to subscribe for additional Shares (the "Offer") at a discount to the market price of the Shares. After considering a numbe

NEW YORK--(BUSINESS WIRE)---- $BBN--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. The declarations have moved from monthly to quarterly to provide additional visibility on upcoming distributions. The funds will continue to pay monthly distributions. Municipal Funds: Certain Municipal Funds involved in upcoming mergers or reorganizations announced distributions separately. Distribution Month             Ex- & Record Date             Payable Date Apr

DENVER--(BUSINESS WIRE)--The Principal Real Estate Income Fund (NYSE:PGZ) announces the sources of a distribution paid on February 27, 2026 of $0.1050 per share to shareholders of record at the close of business on February 12, 2026, 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 distri

WALNUT CREEK, Calif.--(BUSINESS WIRE)--Mechanics Bancorp (Nasdaq: MCHB) today announced it has declared a cash dividend of $0.40 per share of Class A common stock and $4.00 per share of Class B common stock, each payable on March 19, 2026, to shareholders of record as of the close of business on March 9, 2026. About Mechanics Bancorp Mechanics Bancorp is headquartered in Walnut Creek, Calif., and is the financial holding company of Mechanics Bank, a full-service bank with $22.4 billion in asset

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) announced today that its Chief Product Officer, Donna Milrod, and its Global Head of Strategic Finance, Mark Keating, will present at the RBC Capital Markets Global Financial Institutions Conference in New York, NY on Wednesday, March 11, 2026 at approximately 2:00 pm 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 repla

NEW YORK--(BUSINESS WIRE)---- $BBN--Today, BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI), Bla

NEWARK, N.J.--(BUSINESS WIRE)--PGIM High Yield Bond Fund, Inc. (NYSE: ISD), PGIM Global High Yield Fund, Inc. (NYSE: GHY) and PGIM Short Duration High Yield Opportunities Fund (NYSE: SDHY) declared today monthly distributions for March, April and May 2026. The distribution amounts and schedule for each fund appear below: Fund Name Ticker Distribution Per Share Change from Prior Distribution PGIM High Yield Bond Fund, Inc. ISD $0.105 – PGIM Global High Yield Fund, Inc. GHY $0.105 – PGIM Short Du

HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Reports Full Year 2025 Results

ARLINGTON, Va.--(BUSINESS WIRE)--AVALONBAY COMMUNITIES, INC. (NYSE: AVB) announced today that Benjamin W. Schall, the Company’s CEO and President, and select members of the Company’s management team will be participating in a roundtable discussion at the 2026 Citi Global Property CEO Conference on Monday, March 2, 2026, at 11:40 A.M. Eastern Time. During this event, management may discuss the Company's current operating environment and trends; development, redevelopment, disposition and acquisi

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of the monthly distributions for certain exchange-traded funds advised by FTA. The following dates apply to today's distribution declarations:       Expected Ex-Dividend Date:   March 2, 2026  Record Date:   March 2, 2026  Payable Date:   March 3, 2026  Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount   ACTIVELY MANAGED EXCHANGE-TRADED FUNDS   First Trust Exchange-Traded Fund DFII NYS