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Ares Closes $850 Million Single-Asset Continuation Vehicle for Convergint Led by Leonard Green & Partners

Mon, 03/02/2026 - 18:50
NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that an Ares Private Equity fund has closed a single-asset continuation vehicle with approximately $850 million in total commitments for Convergint Technologies, L.P. (“Convergint” or the “Company”), a global leader in service-based systems integration. The transaction was led and fully underwritten by Leonard Green & Partners’ (“LGP”) Sage Fund, whi

Victory Capital Chairman and CEO Pens Open Letter to Janus Henderson Employees

Mon, 03/02/2026 - 18:50
SAN ANTONIO--(BUSINESS WIRE)---- $VCTR--Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital” or the “Company”) today published an open letter from Chairman and CEO David C. Brown to employees of Janus Henderson outlining how the Company’s long-standing business model is founded on entrepreneurialism and ownership, is employee-focused and uniquely supports Investment Franchises, enabling investment professionals to focus the majority of their efforts on managing client assets. March 2nd, 2026

KBRA Assigns BBB+ Rating to City of Chicago, IL General Obligation Bonds, Series 2026 C-G; Affirms BBB+ Rating on Outstanding General Obligation Bonds; Outlook Remains Negative

Mon, 03/02/2026 - 18:50
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term rating of BBB+ to the following series of City of Chicago, IL General Obligation Bonds: General Obligation Bonds, Series 2026C General Obligation Bonds, Series 2026D General Obligation Bonds, Series 2026E General Obligation Bonds, Taxable Series 2026G Concurrently, KBRA affirms the BBB+ rating on the City's outstanding General Obligation Bonds. The Outlook remains Negative. The City of Chicago’s (“the City’s) deteriorating fund balance, narrow

First American Chief Financial Officer Matthew Wajner Named a 2026 HousingWire Finance Leader

Mon, 03/02/2026 - 18:50
SANTA ANA, Calif.--(BUSINESS WIRE)--First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement, and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today announced that Chief Financial Officer Matthew Wajner has been named one of HousingWire’s 2026 Finance Leaders, which recognizes 30 of the most impactful finance executives in the mortgage, real estate and homebuilding industries. Honorees were selected by

Pacific Coast Oil Trust Announces Monthly Net Profits Interest Calculations

Mon, 03/02/2026 - 18:50
HOUSTON--(BUSINESS WIRE)--PACIFIC COAST OIL TRUST (OTC–ROYTL) (the “Trust”), a royalty trust formed by Pacific Coast Energy Company LP (“PCEC”), announced today that there will be no cash distribution to the holders of its units of beneficial interest of record on February 27, 2026 based on the Trust’s calculation of net profits generated during December 2025 (the “Current Month”) as provided in the conveyance of net profits interests and overriding royalty interest (the “Conveyance”). As furth

Crawford & Company Reports 2025 Fourth Quarter and Full Year Results

Mon, 03/02/2026 - 18:50
ATLANTA--(BUSINESS WIRE)-- #earnings--Crawford & Company® (NYSE: CRD-A and CRD-B) today announced its financial results for the fourth quarter and year ended December 31, 2025. Revenues before reimbursements decreased (11)% to $308.5 million in the 2025 fourth quarter from $347.3 million in the 2024 fourth quarter. Fourth quarter net loss was $(7.2) million, or $(0.15) per diluted share for CRD-A and CRD-B, compared to net income of $5.7 million, or $0.11 per diluted share for CRD-A and $0.12 for CRD-B

American Express Board Authorizes 16 Percent Increase in Common Shares Dividend

Mon, 03/02/2026 - 18:50
NEW YORK--(BUSINESS WIRE)--The Board of Directors of American Express Company (NYSE: AXP) has approved a $0.13, or 16 percent, increase in the quarterly dividend on the company’s common shares, consistent with the planned increase discussed in the company’s fourth-quarter 2025 earnings release. The dividend was raised to $0.95 per common share, from $0.82, payable on May 8, 2026, to shareholders of record on April 3, 2026. ABOUT AMERICAN EXPRESS American Express (NYSE: AXP) is a global payments

MFS Announces Closed-End Fund Distributions

Mon, 03/02/2026 - 18:50
BOSTON--(BUSINESS WIRE)--MFS announces closed end fund distributions for March 2026

Limbach Holdings, Inc. Reports Fourth Quarter and Full Year 2025 Results

Mon, 03/02/2026 - 18:50
WARRENDALE, Pa.--(BUSINESS WIRE)--Limbach Holdings, Inc. (Nasdaq: LMB) (“Limbach” or the “Company”), a building systems solutions firm that partners with building owners and operators who have mission-critical mechanical, electrical, plumbing, and controls (“MEPC”) systems, today announced its financial results for the quarter and year ended December 31, 2025. Fourth Quarter 2025 Highlights Compared to Fourth Quarter 2024 Total revenue increased 30.1% to a record $186.9 million compared to $143

REPAY to Announce Fourth Quarter and Full Year 2025 Results on March 9, 2026

Mon, 03/02/2026 - 18:50
ATLANTA--(BUSINESS WIRE)--Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY” or the “Company”), a leading provider of vertically-integrated payment solutions, today announced that the Company will host a conference call to discuss fourth quarter and full year 2025 financial results on Monday, March 9, 2026 at 5:00pm ET. A press release with fourth quarter and full year 2025 financial results will be issued after the market closes that same day. The conference call will be webcast live from the

Asana Announces Fourth Quarter and Fiscal Year 2026 Results

Mon, 03/02/2026 - 18:50
SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN) (LTSE: ASAN), the system of action where humans and AI run work together, today reported financial results for its fourth quarter and fiscal year ended January 31, 2026. “FY26 was a year of meaningful progress as we advanced Asana into a multi-product platform and strengthened our position as the foundational system of action layer for the Agentic Enterprise,” said Dan Rogers, Chief Executive Officer of Asana. “We exited Q4 with improving

Finward Bancorp Announces Dividend

Mon, 03/02/2026 - 18:50
MUNSTER, Ind.--(BUSINESS WIRE)--Finward Bancorp (Nasdaq: FNWD) (the “Bancorp” or “Finward”), the holding company for Peoples Bank (the “Bank”), today announced that on March 2, 2026 the Board of Directors of Finward declared a dividend of $0.12 per share on Finward’s common stock payable on March 31, 2026 to shareholders of record at the close of business on March 16, 2026. About Finward Bancorp Finward Bancorp is a locally managed and independent financial holding company headquartered in Muns

Illumination Acquisition Corp I Announces Closing of $230,000,000 Initial Public Offering, Including Full Exercise of Underwriter’s Over-Allotment Option

Mon, 03/02/2026 - 18:50
NEW YORK--(BUSINESS WIRE)--Illumination Acquisition Corp I (Nasdaq: ILLUU) (the “Company”) announced today that it closed its initial public offering of 23,000,000 units, including the full 3,000,000 units subject to the underwriter’s over-allotment option, at $10.00 per unit. The offering resulted in gross proceeds to the Company of $230,000,000. The Company’s units are listed on the Nasdaq Global Market (“Nasdaq”) and commenced trading under the ticker symbol “ILLUU” on February 27, 2026. Eac

Docebo Announces Participation in Upcoming Investor Conferences in March

Mon, 03/02/2026 - 18:50
TORONTO--(BUSINESS WIRE)--Docebo Inc. (NASDAQ: DCBO, TSX: DCBO), a leading AI workforce readiness platform that connects skills intelligence, learning execution, and measurable outcomes, announced today that members of its management team will present at the following investor and software industry conferences in March 2026: 29th Annual Scotiabank TMT Conference - March 3rd - Toronto Morgan Stanley Technology, Media & Telecom Conference - March 5th - San Francisco 2026 Cantor Global Technol

Brown-Forman to Participate in UBS Global Consumer and Retail Conference

Mon, 03/02/2026 - 18:50
LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) announced today that President and Chief Executive Officer Lawson Whiting will participate in a “fireside chat” during the UBS Global Consumer and Retail Conference in New York on Wednesday, March 11, 2026. The event will begin at approximately 8:00 a.m. (EDT) and will be available as a live webcast on the Brown-Forman website at brown-forman.com on the Investors/Events & Presentations page. A replay will be availab

NYSE to Commence Delisting Proceedings Against Trinseo PLC (TSE)

Mon, 03/02/2026 - 18:50
NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the ordinary shares of Trinseo PLC (the “Company”) — ticker symbol TSE — from the NYSE. Trading in the Company’s ordinary shares will be suspended immediately. NYSE Regulation reached its decision to delist the Company’s ordinary shares pursuant to Section 802.01B of the NYSE’s Listed Company Manual because the Company

Heritage Global Partners Opens New San Diego Headquarters, Doubling Capacity to Support Next Phase of Growth

Mon, 03/02/2026 - 18:50
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Partners (“HGP”), a subsidiary of Heritage Global Inc. (NASDAQ: HGBL) and a worldwide leader in asset advisory and auction services, today announced the official opening of its new headquarters in San Diego, marking a milestone in the company’s expansion. The approximately 18,000-square-foot property, acquired in February 2025, underwent a comprehensive, year-long transformation. The project included a complete architectural redesign, a significant ex

E*TRADE from Morgan Stanley Releases Monthly Sector Rotation Study

Mon, 03/02/2026 - 18:50
NEW YORK--(BUSINESS WIRE)--E*TRADE from Morgan Stanley today released the data from its monthly sector rotation study, which indicates whether clients were net buyers or sellers in each of the 11 core stock market sectors defined by the Global Industry Classification Standard (GICS). These figures, which encompass activity in all US-traded stocks (including OTC) and ADRs, reflect purchases and sales of the individual stocks in each sector, as well as dividend investments and options exercises a

Monica O’Reilly and Judith Steiner Join Banner Corporation Board of Directors

Mon, 03/02/2026 - 18:50
WALLA WALLA, Wash.--(BUSINESS WIRE)--Banner Corporation (NASDAQ: BANR) (“Banner”), the parent company of Banner Bank, today announced that Monica O’Reilly and Judith Steiner have been appointed to the Board of Directors effective March 1, 2026. Ms. O’Reilly and Ms. Steiner were also appointed to the Board of Directors of Banner Bank. Ms. O’Reilly will initially serve on the Corporate Governance/Nominating and Risk Committees of the Board. Ms. Steiner will initially serve on the Credit Risk and

AM Best to Host Webinar on Strategic Approaches to Defending Product Liability Claims for Insurers

Mon, 03/02/2026 - 15:50
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best and Best’s Insurance Professional Resources will host a complimentary webinar, titled, “The Misuse Defense: Strategic Approaches to Defending Product Liability Claims for Insurers,” sponsored by HHC Safety Engineering Services and HHC Safety Consulting Services, Corporation, on Wednesday, April 1, 2026, at 2 p.m. (EDT). Register today. Product liability claims remain among the most complex and costly exposures facing insurers today. When a claimant allege

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