Lastest from Businesswire

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of Lone Peak Insurance Company (Lone Peak) (South Jordan, UT). The Credit Ratings (ratings) reflect Lone Peak’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM). Also,

SALT LAKE CITY--(BUSINESS WIRE)--A-CAP Group (“A-CAP” or “The Company”), a New York-based insurance and financial services company with over $12 billion in assets, today announced that it has filed a motion to stay the Utah Department of Insurance’s (“Department”) March 21st, 2025, Verified Petition that attempts to subvert the Court’s February 14th Order. On February 14, 2025, the Utah Insurance Department agreed to stay the December 2nd, 2024, Emergency Order regarding Sentinel Security Life

DALLAS--(BUSINESS WIRE)--Generational Capital Markets (GCM), a member of FINRA/SIPC and a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, M.B. McKee Co., to Motion Industries, Inc. The acquisition closed on January 31, 2025. Located in Lubbock, Texas, M. B. McKee Co., Inc. is a family-owned distributor of industrial equipment and supplies, proudly serving customers since 1943. Specializing in mechanical bearings, belts, chai

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray has secured final approval of an historic $433.5 million settlement in the Alibaba Group Holding Limited securities class action. The settlement resolves investors’ claims that Alibaba (NYSE: BABA) violated the Securities Exchange Act of 1934 by allegedly misrepresenting its regulatory compliance and its use of monopolistic business practices during the period November 13, 2019 through December 23, 2020. The settlement is the largest sec

ALEXANDRIA, Va.--(BUSINESS WIRE)--Leading global fintech venture capital firm QED Investors announced today that co-founder Frank Rotman will transition to a Partner Emeritus role at the end of the year to focus on founding his own startups. Rotman joined Managing Partner Nigel Morris to co-found QED with Caribou Honig in 2007. Rotman will transition to Partner Emeritus status and play a part-time advisory role over the coming years. Named to Forbes magazine’s Midas List of the top 100 investor

HOUSTON--(BUSINESS WIRE)--MACCO Restructuring Group, an award-winning national business turnaround advisory is proud to announce two significant additions to its team.

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Templeton Emerging Markets Income Fund [NYSE: TEI]: Notification of Sources of Distributions Pursuant to Section 19(a) of the Investment Company Act of 1940 The Fund’s estimated sources of the distribution to be paid on March 31, 2025, and for the fiscal year 2025 year-to-date are as follows: Estimated Allocations for March Monthly Distribution as of February 28, 2025: Distribution Per Share Net Investment Income Net Realized Short-Term Capital Gains Net

GALWAY, Ireland--(BUSINESS WIRE)--Loci Orthopaedics Ltd, a clinical stage orthopaedic medical device company, is pleased to announce its participation at the prestigious Triennial Congress of the International Federation of Societies for Surgery of the Hand (IFSSH) and International Federation of Societies for Hand Therapy (IFSHT). Hosted by the American Society for Surgery of the Hand, American Society of Hand Therapists, and American Association for Hand Surgery, the event is taking place in

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, reminds investors we have filed a class action with an expanded class period on behalf of purchasers of securities of Grocery Outlet Holding Corp. (NASDAQ: GO) between August 9, 2023 and October 29, 2024. Grocery Outlet describes itself as a “value retailer of consumables and fresh products sold via a network of independently operated stores across the United States.” For more information, submit a form, email attorne

PONTE VEDRA BEACH, Fla.--(BUSINESS WIRE)-- #BusinessLifestyle--Terra Innovations, Inc., a premier leader in luxury real estate development, proudly announces the grand opening of The Office at Ponte Vedra Beach (www.officepvb.com), an exclusive lifestyle-driven workspace located at 510 A1A N in Ponte Vedra Beach, Florida. Designed to integrate productivity, wellness, and luxury, this innovative space offers discerning professionals the ultimate blend of work and lifestyle. The Office offers a curated experience bey

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming March 31, 2025 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired Integral Ad Science Holding Corp. (“IAS” or the “Company”) (NASDAQ: IAS) common stock between March 2, 2023, and February 27, 2024, inclusive (the “Class Period”). IF YOU ARE AN INVESTOR WHO LOST MONEY ON INTEGRAL AD SCIENCE HOLDING CORP. (IAS), CLICK HERE

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Ultra Clean Holdings, Inc. (“Ultra Clean” or the “Company”) (NASDAQ: UCTT) securities between May 6, 2024 to February 24, 2025, inclusive (the “Class Period”). Ultra Clean investors have until May 23, 2025 to file a lead plaintiff motion. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN ULTRA CLEAN HOLDINGS, INC. (UCTT), CONTACT THE LAW OFFICES OF

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, announces that a securities fraud class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Perpetua Resources Corp. (“Perpetua” or the “Company”) (NASDAQ: PPTA) securities between April 17, 2024, to February 13, 2025, inclusive (the “Class Period”). Perpetua investors have until May 20, 2025 to file a lead plaintiff motion. IF YOU SUFFERED A LOSS O

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Templeton Dragon Fund [NYSE: TDF] Notification of Sources of Distributions Pursuant to Section 19(a) of the Investment Company Act of 1940 The Fund’s estimated sources of the distribution to be paid on March 31, 2025, and for the fiscal year 2024 year-to-date are as follows: Estimated Allocations for March Quarterly Distribution: Distribution Per Share Net Investment Income Net Realized Short-Term Capital Gains Net Realized Long-Term Capital Gains Return

SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Limited Duration Income Trust [NYSE American: FTF]: Notification of Sources of Distributions Pursuant to Section 19(a) of the Investment Company Act of 1940 The Fund’s estimated sources of the distribution to be paid on March 31, 2025 and for the fiscal year 2025 year-to-date are as follows: Estimated Allocations for March Monthly Distribution as of February 28, 2025: Distribution Per Share Net Investment Income Net Realized Short-Term Capital Gains

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Templeton Emerging Markets Fund [NYSE: EMF] Notification of Sources of Distributions Pursuant to Section 19(a) of the Investment Company Act of 1940 The Fund’s estimated sources of the distribution to be paid on March 31, 2025 and for the fiscal year 2025 year-to-date are as follows: Estimated Allocations for March Quarterly Distribution: Distribution Per Share Net Investment Income Net Realized Short-Term Capital Gains Net Realized Long-Term Capital Gain

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming March 31, 2025 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired ModivCare, Inc. (“ModivCare” or the “Company”) (NASDAQ: MODV) securities between November 3, 2022 and September 15, 2024, inclusive (the “Class Period”). IF YOU ARE AN INVESTOR WHO LOST MONEY ON MODIVCARE, INC. (MODV), CLICK HERE TO PARTICIPATE IN THE SECU

BIRMINGHAM, Ala.--(BUSINESS WIRE)--ServisFirst Bancshares, Inc. (NYSE: SFBS) is scheduled to announce earnings and operating results for the quarter ended March 31, 2025 on April 21, 2025 at 4 p.m. ET. The news release will be available at www.servisfirstbancshares.com. ServisFirst Bancshares, Inc. will host a live audio webcast to discuss earnings and results on Monday, April 21, 2025 beginning at 5:15 p.m. ET. The audio webcast can be accessed at www.servisfirstbancshares.com. A replay of the

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, reminds investors that a shareholder filed a class action on behalf of purchasers and acquirers of securities of TELUS International (Cda) Inc. (NYSE: TIXT) between February 16, 2023 and August 1, 2024. TELUS International describes itself as a company that “purports to design, build, and deliver digital solutions for customer experience, including artificial intelligence ('AI') services, cloud solutions, and user exp

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, reminds investors that a shareholder filed a class action on behalf of purchasers and acquirers of securities of ModivCare Inc. (NASDAQ: MODV) between November 3, 2022 and September 15, 2024. ModivCare describes itself as a company that “provides a suite of integrated supportive care solutions for public and private payors and their members[.]” For more information, submit a form, email attorney Phillip Kim, or give u