Lastest from Businesswire
KBRA Assigns Preliminary Ratings to Barings Equipment Finance LLC 2025-B
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to five classes of notes issued by Barings Equipment Finance 2025-B (Barings 2025-B), an equipment ABS transaction. Barings 2025-B represents the 22nd equipment ABS sponsored by MassMutual Asset Finance LLC (MMAF or the Company). MMAF is a wholly-owned subsidiary of Massachusetts Mutual Life Insurance Company (MassMutual) and has an operating history dating back to 2003. The Barings 2025-B transaction is secured by a portfolio of equip
The City of West Hollywood Has Hired HdL Companies to Provide Revenue Management Solutions
WEST HOLLYWOOD, Calif.--(BUSINESS WIRE)--The City of West Hollywood has recently broadened their contracted services with HdL Companies, a leading provider of revenue enhancement technology and consulting for local governments. In addition to software, the City will now rely on HdL Companies for administration of their business license, Transit Occupancy Tax, cannabis collections, tourism improvement districts (TIDs) and more. The company has a reputation for high quality customer service and h
MFA Financial Completes 20th Non-QM Loan Securitization
NEW YORK--(BUSINESS WIRE)--MFA Financial, Inc. (NYSE: MFA) today announced the closing of MFA 2025-NQM4, its fourth securitization of non-qualified residential mortgage (“Non-QM”) loans in 2025 and twentieth since MFA’s first sponsored issuance in 2020. The transaction brings MFA’s cumulative Non-QM securitization volume to $7.3 billion. “We are pleased to celebrate this milestone and once again showcase our ability to source, acquire, securitize and manage residential mortgage assets,” said Cr
Rosen Law Firm Urges Spirit Aviation Holdings, Inc. (OTC: FLYYQ) Stockholders to Contact the Firm for Information About Their Rights
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces that a shareholder filed a class action on behalf of purchasers of securities of Spirit Aviation Holdings, Inc. (OTC: FLYYQ) between May 28, 2025 and August 29, 2025. Spirit Aviation describes itself as a “parent company of Spirit Airlines, LLC (“Spirit Airlines”), an ultralow-cost American airline that provides passenger air transportation services for destinations throughout the U.S., Latin America, and th
Letitia Quinones-Hollins Named Influential Woman of the Year at Texas Legal Awards
HOUSTON--(BUSINESS WIRE)--Quinones & Associates, PLLC, is pleased to announce that firm founder Letitia Quinones-Hollins has been honored as the 2025 Influential Woman of the Year at the Texas Legal Awards, presented by Texas Lawyer and Law.com. Video of Letitia’s reaction available here The awards recognize the exceptional skill and effort of legal professionals and organizations across key areas, including leadership, litigation, deal-making, mentorship and community assistance in additio
6 Smart Strategies for Prioritizing Multiple Debts (And Paying Them Off Sooner)
PHOENIX--(BUSINESS WIRE)--When bills stack up, one question looms large: Which balances should you pay first, and which ones can wait? Without strategy, juggling multiple debts can lead to late fees, higher interest rates and mounting stress. But with clear direction and a little patience, individuals can take small steps now that build financial stability over time. “There is no one-size-fits-all approach to paying off debt, and personal circumstances play a big role in determining your path,”
TD Bank Offers Assistance to Federal Employees, Contractors, and other TD Clients Impacted by U.S. Government Shutdown
MOUNT LAUREL, N.J.--(BUSINESS WIRE)--TD Bank today activated the TD Cares program to help furloughed federal employees, federal contractors, and other TD clients whose federal benefits are impacted by the U.S Government shutdown. For impacted, eligible clients, TD Cares provides: Eligible Fees refunded during the U.S. Government Shutdown – Impacted clients may request refunds on certain fees, such as Overdraft Fees, Non-TD ATM Fees, and Monthly Maintenance fees. And if impacted clients need acc
Axogen, Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights – AXGN
LOS ANGELES--(BUSINESS WIRE)--Axogen, Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights – AXGN
Phillips 66 provides update on Los Angeles Refinery operations
HOUSTON--(BUSINESS WIRE)--Phillips 66 provided an update on its progress toward idling operations at its Los Angeles refinery.
Smith Hill Capital and Bain Capital Announce $216 Million Refinancing for 774-Room Westin New York Grand Central
NEW YORK--(BUSINESS WIRE)--Smith Hill Capital, the fully integrated commercial real estate debt investment management business of Procaccianti Companies, and Bain Capital today announced the firms' joint venture completed a $216 million refinancing for the iconic Westin New York Grand Central Hotel. Centrally located in the heart of Midtown Manhattan on East 42nd Street, one block from Grand Central Terminal, the hotel is within walking distance of top office tenants, tourist landmarks, and maj
Tallvine-Backed Velocity FBO Network Expands with Acquisition of Havasu Air Center’s Fixed-Base Operator Assets
MIAMI--(BUSINESS WIRE)--Velocity FBO Network (“Velocity”), a premier North American network of fixed-base operators backed by Tallvine Partners, today announced the acquisition of Havasu Air Center’s fixed-base operator (“FBO”) assets, a leading FBO servicing Lake Havasu City Airport (KHII). With its second acquisition of 2025, Velocity continues to strengthen its presence with four premier locations across North America. As part of the transaction, the sellers will retain their aircraft manage
KBRA Assigns a Preliminary Rating to Sabal Issuer 2025-2 LLC
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a preliminary rating to one class of notes issued by Sabal Issuer 2025-2, LLC. The transaction is collateralized by a diversified pool of 22,188 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 P
Gage Announces Strategic Acquisition of Data Management Services, Inc. to Expand Technology Solutions Portfolio
BATON ROUGE, La.--(BUSINESS WIRE)--Gage acquires Thibodaux IT services company Data Management Services, expanding technology solutions for South Louisiana businesses.
Hamachi.ai Launches to Transform Wealth Management Communications with AI-Powered, Compliance-Checked Workflows
PARK CITY, Utah--(BUSINESS WIRE)-- #AI--Hamachi.ai (“Hamachi”) today announced its official launch, unveiling a breakthrough AI-powered communication platform that streamlines and accelerates dialogue across the wealth management ecosystem. Founded by fintech innovators Eric Clarke (Orion), Brian McLaughlin (Redtail), Mike Wilson (AdvisoryWorld), and Mustapha Baassiri (Advizr), Hamachi empowers asset managers and advisors to deliver personalized, compliant and timely client communications at scale. W
CyberCube Raises More Than $180MM from New Cornerstone Investor Spectrum Equity
SAN FRANCISCO--(BUSINESS WIRE)--CyberCube, a leading cyber risk modeling and analytics business, today announced an investment of more than $180MM by Spectrum Equity, subject to customary regulatory approvals. With this investment, Spectrum Equity will join existing investors ForgePoint Capital, Hudson Structured Capital Management (Bermuda) Ltd, and MTech Capital, as a cornerstone institutional investor, supporting the company's long-term growth and innovation. CyberCube is the analytics engin
Keller Williams Appoints Kendra Newman to General Counsel
AUSTIN, Texas--(BUSINESS WIRE)-- #GeneralCounsel--KW has promoted and appointed Kendra Newman to General Counsel.
FarmRaise and BTC Bank Partner to Simplify Farm Accounting & Improve Profitability
RIVERSIDE, Calif.--(BUSINESS WIRE)--FarmRaise, the farm financial technology company, and BTC Bank, a community bank serving farm families across the Midwest, are proud to announce a new partnership that will make financial management easier for farmers. Through this partnership, BTC Bank’s farm clients will have direct access to FarmRaise Tracks, the leading financial platform for farmers trusted nationwide. With FarmRaise Tracks, farmers can easily log expenses and income, categorize transact
KBRA Releases Research – CMBS Loan Performance Trends: September 2025
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases a report on U.S. commercial mortgage-backed securities (CMBS) loan performance trends observed in the September 2025 servicer reporting period. The delinquency rate among KBRA-rated U.S. private label CMBS decreased to 7.7% in September from 7.9% in August. However, the total delinquent plus current but specially serviced loan rate (collectively, the distress rate) remained stable at 10.7%. The office delinquency rate decreased 90 basis points (bps) this
AM Best Affirms Credit Ratings of Zurich Insurance Group Ltd and Its Main Rated Subsidiaries
LONDON--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Ratings (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” (Superior) of the main rated insurance subsidiaries of Zurich Insurance Group Ltd (Zurich) (Switzerland). At the same time, AM Best has affirmed the Long-Term ICR of “a+” (Excellent) of Zurich (a non-operating holding company). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Zurich’s balance sheet strengt
NASDAQ: FLY Investigation Alert: Kessler Topaz Meltzer & Check, LLP Encourages Firefly Aerospace Inc. (NASDAQ: FLY) Investors with Significant Losses to Contact the Firm
RADNOR, Pa.--(BUSINESS WIRE)-- #classaction--The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Firefly Aerospace Inc. (NASDAQ: FLY) (“Firefly Aerospace”). On September 22, 2025, Firefly Aerospace reported its financial results for the second quarter of fiscal year 2025 – Firefly Aerospace’s initial quarterly results as a public company since its initial public offering the prior month.

