Lastest from Businesswire
Bain Capital GSS Investment Corp. Announces Pricing of $400 Million Initial Public Offering
BOSTON--(BUSINESS WIRE)--Bain Capital GSS Investment Corp. (the “Company”) announced today the pricing of its initial public offering of 40,000,000 units at a price of $10.00 per unit. The units will be listed on the New York Stock Exchange and trade under the ticker symbol “BCSS.U” with trading expected to begin on September 30, 2025. Each unit consists of one Class A ordinary share of the Company and one-fifth of one redeemable warrant. Each whole warrant entitles the holder thereof to purcha
Media Advisory: FHLB Dallas and Texas Capital Bank Award $30K to Maestro Entrepreneur Center
SAN ANTONIO--(BUSINESS WIRE)-- #affordablehousing--Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Texas Capital Bank will award $30,000 in grant funds to support technical training for small business owners in San Antonio, Texas. The funds, which are part of $1.2 million in Partnership Grant Program (PGP) funds awarded through FHLB Dallas members this year, will be awarded to Maestro Entrepreneur Center during a ceremonial check presentation at 10:00 a.m. on Wednesday, October 1. Maestr
CTO Realty Growth, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights – CTO
LOS ANGELES--(BUSINESS WIRE)--CTO Realty Growth, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights – CTO
Wolfspeed Successfully Completes Financial Restructuring, Emerges as Financially Stronger Company Well Positioned in Silicon Carbide Market
DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF), a global leader in silicon carbide technologies, today announced the successful completion of its financial restructuring process and emergence from Chapter 11 protection. Through the restructuring process, Wolfspeed has reduced its total debt by approximately 70%, with maturities extended to 2030, and lowered its annual cash interest expense by roughly 60%. In addition, the Company believes that it maintains ample liquidity to contin
AM Best Affirms Performance Assessment of First Indemnity Insurance Agency, Inc.
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Performance Assessment (assessment) of PA-3 (Strong) of First Indemnity Insurance Agency, Inc. (First Indemnity) (Boston, MA). The outlook of the assessment is stable. The assessment reflects First Indemnity’s strong underwriting capabilities, strong governance and internal controls, strong financial condition, strong organizational talent and strong depth and breadth of relationships. First Indemnity is licensed as an agent for select co
Ambac Financial Group to Acquire Leading Supplemental Health Program Manager ArmadaCare
NEW YORK--(BUSINESS WIRE)--Ambac Financial Group to Acquire Leading Supplemental Health Program Manager ArmadaCare
Belkorp Ag Provides Notice of Data Breach
MODESTO, Calif.--(BUSINESS WIRE)--Belkorp Ag (“Belkorp”) recognizes the importance of protecting the information we maintain. We are providing this notice as we identified and addressed an event that involved personal information. This notice explains the event, measures we have taken, and additional steps consumers may consider taking in response. What Happened? On or about April 26, 2025, we became aware of suspicious activity on our network. Upon becoming aware of the event, we promptly laun
NYSE American to Commence Delisting Proceedings Against dMY Squared Technology Group, Inc. (DMYY)
NEW YORK--(BUSINESS WIRE)--NYSE American LLC (“NYSE American” or the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the three securities enumerated below (“Securities”) of dMY Squared Technology Group, Inc. (the “Company”) from NYSE American. Trading in the Company’s Securities will be suspended immediately. Symbol Description DMYY Class A common stock, par value $0.0001 per share DMYY.U Units, each consisting of one share of Class
Notabene Launches Notabene Flow, the First Open Stablecoin Payment Platform, Enabling Pull Payments for Its Network
NEW YORK--(BUSINESS WIRE)--Notabene, the trust layer for global money movement, today announced the launch of Notabene Flow—the first open stablecoin payments platform built for high-value cross-border business payments, on its active network of 2,000+ regulated entities processing over $1.5T annually. The $120T global B2B payments market is massive, and while stablecoins provide faster and more efficient transactions, they account for only a tiny 0.03% of this volume. Their role remains limite
Sable Offshore Corp. Announces Alternative Offtake Strategy
HOUSTON--(BUSINESS WIRE)--Sable Offshore Corp. Announces Alternative Offtake Strategy
Virtus Total Return Fund Inc. Discloses Sources of Distribution – Section 19(a) Notice
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Total Return Fund Inc. (NYSE: ZTR) previously announced the following monthly distribution on August 27, 2025: Ticker Amount of Distribution Ex-Date/Record Date Payable Date ZTR $0.05 September 12, 2025 September 29, 2025 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid, in part or in full, from net investment income and realized capital gains, or a combination thereof. Shar
BNY Mellon Municipal Bond Closed-End Funds Declare Distributions
NEW YORK--(BUSINESS WIRE)--BNY Mellon Investment Adviser, Inc. announced today that BNY Mellon Strategic Municipal Bond Fund, Inc. and BNY Mellon Strategic Municipals, Inc. (each, a "Fund") have declared a monthly distribution for each Fund's common shares as summarized below. The distributions are payable October 31, 2025 to shareholders of record on October 14, 2025, with an ex-dividend date of October 14, 2025. Fund Ticker Monthly Distribution Per Share Change from Prior Monthly Distri
Best’s Commentary: US Government Shutdown May Increase Economic Uncertainty for Insurers
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--A U.S. government shutdown would have an immediate impact on the economy with implications for insurance companies, with potential longer-term consequences that would vary in severity depending on its length, according to a new AM Best commentary. The Best’s Commentary, “US Government Shutdown May Increase Economic Uncertainty for Insurers,” states that while difficult to measure, the longer the shutdown, the more damage it will inflict in direct and indirect eco
Virtus Artificial Intelligence & Technology Opportunities Fund Discloses Sources of Distribution – Section 19(a) Notice
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) previously announced the following monthly distribution on August 27, 2025: Ticker Amount of Distribution Ex-Date/Record Date Payable Date AIO $0.15 September 12, 2025 September 29, 2025 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid, in part or in full, from net investment income and realized capital
loanDepot Appoints Alec Hanson to Senior Vice President of Production for the West Division
IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot, Inc. (NYSE: LDI) (together with its subsidiaries, "loanDepot" or the "Company"), today announced it has named Alec Hanson to Senior Vice President of Production for the West division. He joins Paul Ramos, Senior Vice President of Production for the Southeast/Mid-Atlantic division, and Mary Bane, recently promoted to Senior Vice President of Production for the Northeast/Central division, as part of a team of retail sales leaders who will work closely w
Jefferies Announces Third Quarter 2025 Financial Results
NEW YORK--(BUSINESS WIRE)--Jefferies Financial Group Inc. (NYSE: JEF): Q3 Financial Highlights $ in thousands, except per share amounts Quarter End Year-to-Date 3Q25 3Q24 2025 2024 Net earnings attributable to common shareholders $ 223,986 $ 167,128 $ 439,912 $ 462,719 Diluted earnings per common share from continuing operations $ 1.01 $ 0.72 $ 1.98 $ 2.06 Return on adjusted tangible shareholders' equity from continuing operations1 13.6 % 10.3 % 9.3 % 1
Morningstar, Inc. to Announce Third-Quarter 2025 Financial Results on Oct. 29
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), plans to report its third-quarter 2025 financial results after the market closes on Wednesday, Oct. 29, 2025. The company does not hold analyst conference calls; however, investors may submit written questions to Morningstar at investors@morningstar.com. About Morningstar, Inc. Morningstar, Inc. is a leading provider of independent investment insights in North America, Europe, Australia, and Asia. The Company offers an extensive line o
DiaMedica Announces Inducement Grants Under Nasdaq Listing Rule 5635(C)(4)
MINNEAPOLIS--(BUSINESS WIRE)--DiaMedica Therapeutics Inc. (Nasdaq: DMAC), a clinical-stage biopharmaceutical company focused on developing novel treatments for preeclampsia, fetal growth restriction and acute ischemic stroke, today announced that on September 18, 2025, it granted stock options to purchase an aggregate of 490,000 shares of DiaMedica’s common stock to five newly hired non-executive employees whose employment commenced in August and September 2025. The stock options were approved
Virtus Diversified Income & Convertible Fund Discloses Sources of Distribution – Section 19(a) Notice
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Diversified Income & Convertible Fund (NYSE: ACV) previously announced the following monthly distribution on August 27, 2025: Ticker Amount of Distribution Ex-Date/Record Date Payable Date ACV $0.18 September 12, 2025 September 29, 2025 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid in part or in full, from net investment income and realized capital gains, or a combina
First Trust Advisors L.P. Announces Distribution for First Trust Enhanced Short Maturity ETF
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of the Monthly distribution for First Trust Enhanced Short Maturity ETF, a series of First Trust Exchange-Traded Fund IV. The following dates apply to today's distribution declaration: Expected Ex-Dividend Date: September 30, 2025 Record Date: September 30, 2025 Payable Date: October 2, 2025 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount ACTIVELY MANAGED EXCHANGE-TRADED FUNDS Fi

