Lastest from Businesswire
Franklin Templeton Announces Distribution Rates for Putnam Closed-End Funds
BOSTON--(BUSINESS WIRE)--The Trustees of The Putnam Funds have declared the following distributions. FUND NAME AND DISTRIBUTIONS* EX DATE RECORD DATE PAYMENT DATE Putnam Master Intermediate Income Trust (NYSE:PIM) (CUSIP: 746909-10-0) $0.0220 per share 3/17/25 3/17/25 3/31/25 Putnam Managed Municipal Income Trust (NYSE:PMM) (CUSIP: 746823-10-3) $0.0238 per share 3/17/25 3/17/25 3/31/25 Putnam Municipal Opportunities Trust (NYSE:PMO) (CUSIP: 746922-10-3) $0.0350 per share 3/17/
Redfin Report: U.S. Asking Rents Rose 0.4% in February—A Small Increase, But the First in 6 Months
SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) — The median U.S. asking rent rose 0.4% year over year to $1,607 in February—the first increase in six months and the biggest in nine months. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. On a month-over-month basis, asking rents climbed 0.6%. Though asking rents inched up in February, they’ve been relatively flat for the past 10 months compared to the large swings of the past few years. Rents sk
Affinity Bancshares, Inc. Adopts Stock Repurchase Program
COVINGTON, Ga.--(BUSINESS WIRE)--Affinity Bancshares, Inc. Adopts Stock Repurchase Program
Blackstone Announces $8 Billion Final Close for Latest Real Estate Debt Strategies Fund
NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) today announced the final close of its most recent real estate debt fund, Blackstone Real Estate Debt Strategies V (“BREDS V”), which has approximately $8 billion of total capital commitments. Tim Johnson, Global Head of Blackstone Real Estate Debt Strategies, said, “We are extraordinarily appreciative of our investors for allocating this amount of capital during this period of market dislocation. We could not be more enthusiastic about the oppor
Ellington Financial Declares Common and Preferred Dividends
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) ("we") today announced that its Board of Directors has declared the following: (i) a monthly dividend of $0.13 per share of common stock, payable on April 25, 2025 to common stockholders of record as of March 31, 2025; (ii) a quarterly dividend of $0.609031 per share on the Company's Series A Floating Rate Cumulative Redeemable Preferred Stock, payable on April 30, 2025 to Series A preferred stockholders of record as of
Ellington Credit Declares Monthly Common Dividend
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) ("we") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on April 25, 2025 to shareholders of record as of March 31, 2025. Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking stat
Modiv Industrial Increases AFFO and Retires Preferred Shares
DENVER--(BUSINESS WIRE)--Modiv Industrial, Inc. (“Modiv Industrial”, “Modiv”, the “Company”, “we” or “our”), (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate, today provided a financial update. Highlights: Retires 7.5% of Modiv’s Series A Preferred shares at a 6% discount to par value. The 150,000 preferred share acquisition at $23.50 per share, for a total of $3.525 million, represents a 7.85% annual yield and a 13.45% yield to call. Increa
Hercules Capital Receives Investment Grade Rating Upgrade to BBB (high) with Revised Outlook to Stable from Morningstar DBRS
SAN MATEO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that Morningstar DBRS (“DBRS”) has upgraded Hercules’ investment grade credit and corporate rating to BBB (high) from BBB with a trend revision from Positive to Stable, as w
ELF Investors Have Opportunity to Lead e.l.f. Beauty, Inc. Securities Fraud Lawsuit with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)--ELF Investors Have Opportunity to Lead e.l.f. Beauty, Inc. Securities Fraud Lawsuit with the Schall Law Firm
RC CLASS ACTION NOTICE: Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit On Behalf Of Ready Capital Corporation Investors
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), announces that it has filed a class action lawsuit in the United States District Court for the Southern District of New York, captioned Quinn v. Ready Capital Corporation, et al., Case No. 25-cv-1883, on behalf of persons and entities that purchased or otherwise acquired Ready Capital Corporation (“Ready Capital” or the “Company”) (NYSE: RC) common stock between November 7, 2024 and March 2, 2025, inclusive (the “Class Perio
CROX INVESTOR ALERT: Kirby McInerney LLP Notifies Crocs, Inc. Investors of Upcoming Lead Plaintiff Deadline in Class Action Lawsuit
NEW YORK--(BUSINESS WIRE)---- $CROX #CLASSACTIONLAWSUIT--The law firm of Kirby McInerney LLP reminds investors of the March 24, 2025, deadline to seek the role of lead plaintiff in a federal securities class action filed on behalf of investors who acquired Crocs, Inc. (“Crocs” or the “Company”) (NASDAQ:CROX) securities during the period from November 3, 2022, through October 28, 2024 (“the Class Period”). [LEARN MORE ABOUT THE CLASS ACTION] In February 2022, prior to the start of the Class Period, Crocs acquired HEYDUDE, a
Conexus MedStaff And Angat Buhay Introduce Partnership to Improve Community Health In Naga City, Philippines
HOUSTON--(BUSINESS WIRE)--Conexus MedStaff has announced its support for the Filipino charity Angat Buhay with a grant focussing on improving healthcare in the Philippines. Conexus is funding a project that Angat Buhay has identified to address critical health needs in communities that will benefit thousands of individuals. The grant from Conexus will aid the recovery and rehabilitation of community healthcare services in Naga City, which were severely affected by the devastation of Tropical St
Kirby McInerney LLP Urges Investors in ModivCare, Inc. (MODV) to Inquire About Their Rights in Class Action Lawsuit
NEW YORK--(BUSINESS WIRE)---- $MODV #CLASSACTIONLAWSUIT--The law firm of Kirby McInerney LLP reminds investors that a class action lawsuit has been filed in the U.S. District Court for the District of Colorado on behalf of those who acquired ModivCare, Inc. (“ModivCare” or the “Company”) (NASDAQ:MODV) securities from November 3, 2022, through September 15(“the Class Period”). Investors have until March 31, 2025, to apply to the Court to be appointed as lead plaintiff in the lawsuit. [LEARN MORE ABOUT THE CLASS ACTION] On Ma
Exchange Bank Appoints Holly Hawkins as Senior Vice President, Chief Human Resources Officer
SANTA ROSA, Calif.--(BUSINESS WIRE)--Exchange Bank (OTC: EXSR) announced the appointment of Holly Hawkins as Senior Vice President and Chief Human Resources Officer, will be responsible for developing and executing human capital strategy in support of the Bank’s overall business plan, the strategic direction of the Bank and the ongoing trends in the industry. Holly comes to Exchange Bank with extensive experience in human resources leadership, having held various HR positions in the wine indust
Supply Chain Risk Grows Amid Ongoing Tariff Uncertainty
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Dun & Bradstreet (NYSE:DNB), a leading global provider of business data and analytics, continues to monitor evolving global tariff policies and their potential impacts on organizational supply chains. To empower companies to effectively pivot their supply chain strategies, Dun & Bradstreet offers insights into their supply chain risks, including personalized tariff risk assessments and benchmarks. Dun & Bradstreet’s supply chain solutions have ma
Protective Announces $9.7B Strategic Reinsurance Agreement with Resolution Life
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (Protective), a U.S. subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750), is pleased to announce it has signed a strategic reinsurance agreement with Resolution Life, through which Protective’s operating subsidiaries, Protective Life Insurance Company and West Coast Life Insurance Company, will cede in-scope blocks of structured settlement annuities and secondary guaranteed universal life policies currently in runoff to Resolution
APP Investors Have Opportunity to Lead AppLovin Corporation Securities Fraud Lawsuit with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)--APP Investors Have Opportunity to Lead AppLovin Corporation Securities Fraud Lawsuit with the Schall Law Firm
Virtus Dividend, Interest & Premium Strategy Fund Announces Distributions and Discloses Sources of Distribution – Section 19(a) Notice
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ) today announced the following quarterly distribution: Ticker Amount of Distribution Ex-Date/Record Date Payable Date NFJ $0.305 June 12, 2025 June 27, 2025 The Fund previously announced the following quarterly distribution on November 20, 2024: Ticker Amount of Distribution Ex-Date/Record Date Payable Date NFJ $0.305 March 13, 2025 March 28, 2025 Under the terms of its Managed Distribution Plan,
Shareholder Alert: The Ademi Firm Investigates Whether Walgreens Boots Alliance, Inc. is Obtaining a Fair Price for Its Public Shareholders
MILWAUKEE--(BUSINESS WIRE)--The Ademi Firm is investigating Walgreens (NASDAQ: WBA) for possible breaches of fiduciary duty and other violations of law in its transaction with Sycamore. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, Walgreens stockholders will receive only $11.45 per share in cash at closing and one non-transferable rig
WBA Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Walgreens Boots Alliance Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Walgreens Boots Alliance (NASDAQ: WBA) to Sycamore Partners is fair to Walgreens shareholders. Under the terms of the proposed transaction, Walgreens shareholders will receive $11.45 per share in cash at closing and one non-transferable right to receive up to $3.00 in cash per Walgreens share from the future monetization of Walgreens’ debt and equity interests in VillageMD. Halper Sade