Lastest from Businesswire

Subscribe to Lastest from Businesswire feed Lastest from Businesswire
Business Wire - The global leader in news distribution
Updated: 2 hours 27 min ago

Armada Acquisition Corp. II Announces Closing of Sponsor Securities Purchase Agreement

Thu, 08/28/2025 - 18:27
PHILADELPHIA--(BUSINESS WIRE)--Armada Acquisition Corp. II (Nasdaq: AACI) (“Armada” or the “Company”) today announced that it has completed a Sponsor Securities Purchase transaction under which Arrington XRP Capital Fund, LP (“Arrington”) has acquired the securities of Armada Acquisition Corp. II owned by Armada Sponsor II LLC, the (now former) sponsor of Armada. Under the terms of the Sponsor Securities Purchase Agreement, Arrington purchased 7,880,000 Class B ordinary shares, 400,000 Class A

Octave Bioscience to Participate in Morgan Stanley 23rd Annual Global Healthcare Conference

Thu, 08/28/2025 - 18:27
MENLO PARK, Calif.--(BUSINESS WIRE)--Octave Bioscience, Inc., a leading precision care company that is delivering a new standard for managing multiple sclerosis (MS) and other neurodegenerative diseases, announced today that its management team will be attending the Morgan Stanley 23rd Annual Global Healthcare Conference on Wednesday, September 10, 2025, at the Sheraton New York Times Square Hotel in New York, NY. About Octave Bioscience, Inc. Octave Bioscience, Inc. is a commercial stage preci

State Street to Speak at the Barclays Global Financial Services Conference

Thu, 08/28/2025 - 18:27
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) announced today that its Chief Financial Officer, John Woods, and President of Investment Services, Joerg Ambrosius, will present at the Barclays 23rd Annual Global Financial Services Conference in New York, NY on Wednesday, September 10, 2025 at approximately 10:30 am ET. An audio webcast of the event will be accessible on the home page of State Street’s Investor Relations website, https://investors.statestreet.com/. A recorded repl

TFS Financial Corporation Declares Dividend and Announces Leadership Changes

Thu, 08/28/2025 - 18:27
CLEVELAND--(BUSINESS WIRE)--TFS Financial Corporation (NASDAQ: TFSL) (the “Company”), the holding company for Third Federal Savings and Loan Association of Cleveland (the “Association”), today announced that the Board of Directors declared a quarterly cash dividend of $0.2825 per share, payable on September 24, 2025, to stockholders of record on September 10, 2025. Third Federal Savings and Loan Association of Cleveland, MHC (the “MHC”), the mutual holding company of the Company and owner of 22

AM Best Downgrades Credit Ratings of UnitedHealth Group Incorporated and Its Subsidiaries; Revises Outlooks to Stable

Thu, 08/28/2025 - 18:27
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has downgraded the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a-” (Excellent) from “a” (Excellent) and the Long and Short-Term Issue Credit Ratings (Long-Term IR; Short-Term IR) of UnitedHealth Group Incorporated (UnitedHealth Group) (Minnetonka, MN) [NYSE: UNH]. Concurrently AM Best has downgraded the Financial Strength Rating (FSR) to A (Excellent) from A+ (Superior) and the Long-Term ICRs to “a+” (Excellent) from “aa-” (Superior) of the health

BNY Mellon Municipal Bond Closed-End Funds Declare Distributions

Thu, 08/28/2025 - 18:27
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 1, 2025 to shareholders of record on September 12, 2025, with an ex-dividend date of September 12, 2025.     Fund     Ticker Monthly Distribution Per Share Change from Prior Monthly D

American Integrity Insurance Group, Inc. Announces Participation in the 2025 KBW Insurance Conference

Thu, 08/28/2025 - 18:27
TAMPA, Fla.--(BUSINESS WIRE)--American Integrity Insurance Group, Inc. (NYSE: AII) (“American Integrity” or the “Company”), a Tampa-based property and casualty insurance holding company, today announced that Robert Ritchie, Founder and Chief Executive Officer, Jon Ritchie, President, and Ben Lurie, Chief Financial Officer, will participate in a fireside chat at the KBW Insurance Conference on Thursday, September 4, 2025, at 9:05 a.m. ET. Management will also be available for one-on-one and smal

First Trust Advisors L.P. Announces Distribution for First Trust Enhanced Short Maturity ETF

Thu, 08/28/2025 - 18:27
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: August 29, 2025 Record Date: August 29, 2025 Payable Date: September 3, 2025 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount   ACTIVELY MANAGED EXCHANGE-TRADED FUNDS   First

Affirm reports fourth fiscal quarter 2025 results

Thu, 08/28/2025 - 18:27
SAN FRANCISCO--(BUSINESS WIRE)--Affirm Holdings, Inc. (NASDAQ: AFRM) (“Affirm” or the “Company”), the payment network that empowers consumers and helps merchants drive growth, today reported financial results for its fiscal 2025 fourth quarter ended June 30, 2025. The results, which include a shareholder letter furnished to the U.S. Securities and Exchange Commission on Form 8-K, can be found in the “Events and Presentations” section of the Company’s investor relations website at https://invest

Alight to Participate in the Citi 2025 Global TMT Conference

Thu, 08/28/2025 - 18:27
CHICAGO--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT or “Alight”), a leading cloud-based human capital and technology-enabled services provider, today announced that its Chief Financial Officer, Jeremy Heaton, will present at the Citi 2025 Global TMT Conference in New York City on Thursday, September 4, 2025 at 9:30 a.m. ET, available via live webcast and replay here or in the Events & Presentations section of the Company’s Investor Relations website. About Alight Solutions Alight is a leadin

BlueLinx Announces New Asset Based Lending Facility

Thu, 08/28/2025 - 18:27
ATLANTA--(BUSINESS WIRE)--BlueLinx Holdings Inc. (NYSE: BXC), a leading U.S. wholesale distributor of building products, today announced that it has executed an agreement that provides the Company with a new five year, $350 million syndicated secured asset based revolving credit facility (the “ABL Facility”), with an option to increase the total commitments under the ABL Facility by up to $300 million subject to certain conditions, including consent from the lenders providing the incremental co

Johnson Fistel Investigates Fairness of Proposed Sale of TaskUs, Inc.

Thu, 08/28/2025 - 18:27
SAN DIEGO--(BUSINESS WIRE)--Shareholder rights law firm Johnson Fistel, PLLP, is investigating whether the board of directors of TaskUs, Inc. (NASDAQ: TASK) breached their fiduciary duties in connection with the proposed sale of the company to Blackstone and TaskUs Co-Founders (collectively, the “Buyer Group”). On May 9, 2025, TaskUs entered into a definitive agreement pursuant to which Buyer Group will acquire all outstanding shares of the Company. Under the terms of the agreement, each holder

KBRA Releases Research – Seized but Not Lost: Insurance Proceeds and Aviation ABS

Thu, 08/28/2025 - 18:27
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases research evaluating the impact of insurance settlements between international insurers and aviation lessors on the aviation asset-backed securities (ABS) sector. After Russia’s 2022 invasion of Ukraine, the U.S., European Union (EU), UK, and other governments imposed sanctions on Russian individuals and entities, compelling aircraft lessors to terminate leases with Russian airlines. In response, Russian authorities reregistered foreign aircraft in the na

KEO World Inc. announces Business Combination of its Global Trade Card (GTC) program with MAHA Capital

Thu, 08/28/2025 - 18:27
MIAMI & STOCKHOLM--(BUSINESS WIRE)--KEO World Inc., a lending fintech infrastructure platform for embedded credit B2B payments, today officially entered into a binding agreement to combine its GTC business with MAHA Capital AB, a publicly listed investment company on Nasdaq Stockholm. This transaction is designed to significantly strengthen our financial foundation and accelerate our global expansion. MAHA brings over USD 120 million in cash and liquid assets, while Keo investors will contribut

NSP Investors Have Opportunity to Join Insperity, Inc. Fraud Investigation with the Schall Law Firm

Thu, 08/28/2025 - 15:27
LOS ANGELES--(BUSINESS WIRE)---- $NSP--NSP Investors Have Opportunity to Join Insperity, Inc. Fraud Investigation with the Schall Law Firm

Republic Bancorp to Participate in the Raymond James 2025 U.S. Bank Conference

Thu, 08/28/2025 - 15:27
LOUISVILLE, Ky.--(BUSINESS WIRE)--Republic Bancorp, Inc. (NASDAQ: RBCAA), parent company of Republic Bank & Trust Company, today announced that Logan Pichel, President and Chief Executive Officer of Republic Bank & Trust Company, and Kevin Sipes, Executive Vice President and Chief Financial Officer, will participate in the Raymond James 2025 U.S. Bank Conference to be held September 3rd through September 4th, and will participate in a series of one-on-one meetings with institutional inv

A.M. Best Reaffirms Grange Insurance’s “A” (Excellent) Rating and Stable Outlook

Thu, 08/28/2025 - 15:27
COLUMBUS, Ohio--(BUSINESS WIRE)--Grange Insurance Company and its affiliate Integrity Insurance Company continue to be financially strong and stable, according to A.M. Best, a global credit rating agency that specializes in the insurance industry. A.M. Best reaffirmed Grange Insurance and Integrity Insurance’s financial strength rating (FSR) of “A” (Excellent) and its stable outlook for all its property and casualty companies. The FSR is the most crucial component of A.M. Best’s rating as it in

AM Best Affirms Credit Ratings of Highmark Inc. and Its Subsidiaries

Thu, 08/28/2025 - 15:27
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a+” (Excellent) of Highmark Inc. (Highmark) (headquartered in Pittsburgh, PA) and its life/health (L/H) subsidiaries, collectively known as Highmark Inc. Group. Concurrently, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICRs of “a+” (Excellent) of Highmark’s dental subsidiaries, which operate under the United Co

AM Best Affirms Credit Ratings of AXIS Capital Holdings Limited and Its Operating Subsidiaries

Thu, 08/28/2025 - 15:27
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of the operating subsidiaries of AXIS Capital Holdings Limited (Pembroke, Bermuda), collectively referred to as AXIS. Additionally, AM Best has affirmed the Long-Term ICR of “bbb+” (Good) and the indicative Long-Term Issue Credit Ratings (Long-Term IR) of AXIS Capital Holdings Limited. The outlook of these Credit Ratings

AM Best Assigns Issue Credit Rating to The Hanover Insurance Group, Inc.’s Senior Unsecured Notes

Thu, 08/28/2025 - 15:27
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Long-Term Issue Credit Rating of “bbb+” (Good) to the recently issued USD 500 million, 5.5% senior unsecured notes due 2035, issued by The Hanover Insurance Group, Inc. (The Hanover) (headquartered in Worcester, MA) [NYSE: THG]. The outlook assigned to this Credit Rating (rating) is stable. The ratings of The Hanover and its subsidiaries were previously affirmed on July 31, 2025 (see related press release). The Long-Term Issuer Credit Ratin

Pages