Lastest from Businesswire
AM Best to Deliver Presentation at 2026 Middle East Insurance CFO Summit
LONDON--(BUSINESS WIRE)-- #insurance--AM Best will participate at the Middle East Insurance CFO Summit 2026, which will be held from 23-24 November 2026, at the Millennium Plaza Downtown Hotel in Dubai, United Arab Emirates.AM Best’s Vasilis Katsipis, managing director and senior executive officer (DIFC Branch), will speak on the following session, titled, “What Does ‘Financial Strength’ Really Mean in Today's Insurance Market?” during which he will explore capital management and financial resilience. Topics
LTM and ServiceNow expand partnership to scale agentic AI and accelerate joint go-to-market
SANTA CLARA, Calif.--(BUSINESS WIRE)---- $NOW #servicenow--ServiceNow (NYSE: NOW), the Super Intelligence Control Tower for business reinvention, and LTM, the Business Creativity partner to the world's largest enterprises, today announced a planned expansion of their partnership to scale agentic AI and accelerate joint go-to-market initiatives for customers. The companies will bring together the ServiceNow AI Platform and LTM’s domain, engineering, and transformation expertise to help enterprises move agentic AI pro
Blue Owl Technology Finance Corp. Securities Class Action Filed on Behalf of Former OTF II Shareholders Following Nearly 44% Stock Decline - Investors may Contact Lewis Kahn, Esq., at Kahn Swick & Foti, LLC
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., announce that a securities class action lawsuit has been filed against Blue Owl Technology Finance Corp. (NYSE: OTF) (“OTF” or the “Company”) on behalf of all former shareholders of Blue Owl Technology Finance Corp. II (“OTF II”) who received shares of OTF common stock in direct exchange for their OTF II shares in the March 24, 2025 merger by w
KBRA Assigns AA- Rating with Stable Outlook to El Paso Independent School District, TX Unlimited Tax School Building Bonds
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term rating of AA- to El Paso Independent School District, TX outstanding Unlimited Tax School Building Bonds. The rating Outlook is Stable. Key Credit Considerations The rating was assigned because of the following key credit considerations: Credit Positives Large regional economy anchored by Fort Bliss, healthcare, government, and education. Sizable tax base with moderate taxpayer concentration and strong collections. Manageable tax-supported deb
Rosen Law Firm Encourages Amdocs Limited Investors to Inquire About Securities Class Action Investigation - DOX
NEW YORK--(BUSINESS WIRE)--Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Amdocs Limited (NASDAQ: DOX) resulting from allegations that Amdox may have issued materially misleading business information to the investing public.So What: If you purchased Amdocs securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen
Rosen Law Firm Encourages FreightCar America, Inc. Investors to Inquire About Securities Class Action Investigation - RAIL
NEW YORK--(BUSINESS WIRE)--Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of FreightCar America, Inc. (NASDAQ: RAIL) resulting from allegations that FreightCar America may have issued materially misleading business information to the investing public.So What: If you purchased FreightCar America securities you may be entitled to compensation without payment of any out of pocket fees or costs through a con
Capital One Announces Quarterly Dividend
MCLEAN, Va.--(BUSINESS WIRE)--Capital One Financial Corporation (NYSE: COF) today announced a quarterly dividend of $0.80 per common share payable December 1, 2026, to stockholders of record at the close of business on November 16, 2026. The company has announced dividends on its common stock every quarter since it became an independent company on February 28, 1995. Dividends declared by the company are eligible for direct reinvestment in the company's common stock under its Dividend Reinvestme
Adviser Consolidation
NEW YORK--(BUSINESS WIRE)--The Bank of New York Mellon Corporation intends to consolidate several of its U.S. investment firms (the "Adviser Consolidation"), effective, subject to regulatory requirements, on or about January 1, 2027 (the "Effective Date"). The Adviser Consolidation will be effected via corporate mergers, with the surviving consolidated firm to be named "BNY Investments Corporation." BNY Mellon Investment Adviser, Inc. ("BNYIA"), the Fund's investment adviser, is involved in the
Adviser Consolidation
NEW YORK--(BUSINESS WIRE)--The Bank of New York Mellon Corporation intends to consolidate several of its U.S. investment firms (the "Adviser Consolidation"), effective, subject to regulatory requirements, on or about January 1, 2027 (the "Effective Date"). The Adviser Consolidation will be effected via corporate mergers, with the surviving consolidated firm to be named "BNY Investments Corporation." BNY Mellon Investment Adviser, Inc. ("BNYIA"), each Fund's investment adviser, and Insight North
Faropoint Starts Construction on First New Jersey Community Solar Project
HOBOKEN, N.J.--(BUSINESS WIRE)--Faropoint, a tech-enabled real estate investment manager specializing in last-mile industrial properties, has started construction on a 1.6-megawatt community solar installation on the roof of its building at 19-05 Nevins Road in Fair Lawn, New Jersey. The installation is the first of 16 Faropoint community solar projects in the state, which will have a total capacity of more than 10 megawatts. The other 15 projects, totaling approximately 8.5 megawatts, have bee
KBRA Assigns Preliminary Rating to Sabal Issuer 2026-3 LLC
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a preliminary rating to one class of notes issued by Sabal Issuer 2026-3 LLC. The transaction is collateralized by a diversified pool of 16,137 leases and power purchase agreements (PPAs) associated with residential solar photovoltaic installations (PV Systems), some of which have energy storage equipment. The total aggregate discounted solar asset balance (ADSAB) based on a discount rate of 7.5%, consisting of the discounted payments of the leases and PP
Franklin Templeton, Inc. Announces Preliminary Month-End Assets Under Management
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Templeton, Inc. (NYSE: BEN) today reported preliminary month-end assets under management (AUM) of $1.81 trillion at October 31, 2026, compared to $1.80 trillion at September 30, 2026. This month’s increase in preliminary AUM reflected long-term net inflows of $3 billion and the positive impact of markets. By Asset Class: (In USD billions) Preliminary 31-Oct-26 30-Sep-26 30-Jun-26 31-Mar-26 31-Oct-25 Equity $757.9 $763.8 $7
KBRA Assigns Preliminary Ratings to Sequoia Mortgage Trust 2026-MED3 (SEMT 2026-MED3)
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 16 classes of mortgage pass-through certificates from Sequoia Mortgage Trust 2026-MED3 (SEMT 2026-MED3), a $554.6 million prime RMBS transaction backed by 583 loans originated under Physician or Doctor Loan underwriting programs. These loans, generally referred to by KBRA as Medical Professional Mortgages (MPM), are typically originated through specialized prime mortgage programs designed for healthcare professionals with high earni
KBRA Assigns Rating to MidCap Financial Issuer Trust's $500 Million Senior Unsecured Notes due November 2029
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a rating of A- to MidCap Financial Issuer Trust's $500 million 7.050% senior unsecured notes due November 15, 2029. The rating Outlook is Stable. MidCap Financial Issuer Trust is a wholly-owned subsidiary of MidCap FinCo Intermediate LLC ("the company" or "MidCap"), which serves as guarantor of the debt. The proceeds will be used to repay senior secured debt. Headquartered in Bethesda, MD, the company is a limited liability company that has operated since
Finward Bancorp Announces Dividend
MUNSTER, Ind.--(BUSINESS WIRE)--Finward Bancorp (Nasdaq: FNWD) (the “Bancorp” or “Finward”), the holding company for Peoples Bank (the “Bank”), today announced that on November 4, 2026 the Board of Directors of Finward declared a dividend of $0.12 per share on Finward’s common stock payable on December 2, 2026 to shareholders of record at the close of business on November 18, 2026. About Finward Bancorp Finward Bancorp is a locally managed and independent financial holding company headquartered
Cannae Holdings, Inc. Announces Quarterly Cash Dividend of $0.15
LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced that its Board of Directors has declared a quarterly cash dividend of $0.15 per share. The dividend will be payable December 31, 2026, to shareholders of record as of December 17, 2026. About Cannae Holdings, Inc. We primarily acquire interests in operating companies and are actively engaged in managing and operating a core group of those companies. We believe that our long-term ownership
Granite REIT Announces 2026 Third Quarter Results, the Closing of $270.5 Million of New Acquisitions and a 4.2% Distribution Increase Commencing in December 2026
TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (TSX: GRT.UN) ("Granite" or the "Trust") announced today its condensed consolidated results for the three and nine month periods ended September 30, 2026, the closing of $270.5 million of new acquisitions, and a distribution increase of 4.23% effective with the December 2026 distribution. THIRD QUARTER 2026 HIGHLIGHTS Highlights for the three month period ended September 30, 2026 are set out below: Financial: Granite's net operating
Ellington Financial Inc. Reports Third Quarter 2026 Results
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) ("we") today reported financial results for the quarter ended September 30, 2026. Highlights Net income attributable to common stockholders of $40.4 million, or $0.31 per common share, including unallocated Corporate/Other income and expense items. $61.1 million, or $0.47 per common share, from the investment portfolio segment. $12.5 million, or $0.10 per common share, from the Longbridge segment. Adjusted Distributable
Paceline Equity Partners Fully Realizes Its Investment in the Renaissance Dallas at Plano Legacy West Hotel
DALLAS--(BUSINESS WIRE)--Affiliates of Paceline Equity Partners, LLC (“Paceline”), a Dallas-based private equity manager, today announced the sale of the Renaissance Dallas at Plano Legacy West Hotel (“Renaissance Plano” or the “Hotel”), a 308-key, full-service, upscale hotel in the Legacy West development in Plano, Texas. Paceline and its joint venture partner, Aravest, acquired Renaissance Plano in June 2023 with assumable, fixed-rate financing. Together, the partnership successfully develope
SmartStop Self Storage REIT, Inc. Reports Third Quarter 2026 Results
LADERA RANCH, Calif.--(BUSINESS WIRE)--SmartStop Self Storage REIT, Inc. (“SmartStop” or “the Company”), a self-managed and fully-integrated self storage company, announced its overall results for the three and nine months ended September 30, 2026. Three Months Ended September 30, 2026 Financial Highlights: Net income attributable to common stockholders was approximately $9.0 million. This represents an increase of approximately $3.8 million when compared to the same period in 2025. Net income

