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KBRA Assigns Preliminary Ratings to MSBAM 2025-5C1

Mon, 03/03/2025 - 18:53
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA is pleased to announce the assignment of preliminary ratings to 34 classes of MSBAM 2025-5C1, a $934.6 million CMBS conduit transaction collateralized by 40 commercial mortgage loans secured by 67 properties. The collateral properties are located throughout 27 MSAs, of which the three largest are New York (17.3%), Chicago (13.6%), and Boston (13.1%). The pool has exposure to most major property types, with four types representing more than 10.0% of the pool balan

KBRA Assigns Preliminary Ratings to INTOWN 2025-STAY

Mon, 03/03/2025 - 18:53
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA announces the assignment of preliminary ratings to five classes of INTOWN 2025-STAY, a CMBS single-borrower securitization. The collateral for the transaction is a $1.14 billion floating rate, interest-only mortgage loan. The loan is expected to have an initial two-year term with three, one-year extension options and require monthly interest-only payments. The loan will be secured by the borrowers’ fee simple interests in 195 hotels located in 22 states. For the

KBRA Assigns Preliminary Ratings to Sequoia Mortgage Trust 2025-3 (SEMT 2025-3)

Mon, 03/03/2025 - 18:53
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 60 classes of mortgage pass-through certificates from Sequoia Mortgage Trust 2025-3 (SEMT 2025-3), a $521.8 million prime RMBS transaction. The pool is comprised of 440 first-lien, fully amortizing fixed rate mortgages with 15-years or 30-years maturity terms. The collateral is characterized by a weighted average (WA) original credit score of 777 and moderate borrower equity, with a WA original LTV of 72.0% and WA original CLTV of 7

Kayne Anderson BDC, Inc. Announces December 31, 2024 Financial Results and Declares First Quarter 2025 Dividend of $0.40 Per Share

Mon, 03/03/2025 - 18:53
CHICAGO--(BUSINESS WIRE)--Kayne Anderson BDC, Inc. (NYSE: KBDC) (“KBDC or the Company”), a business development company externally managed by its investment adviser, KA Credit Advisors, LLC, today announced its financial results for the fourth quarter ended December 31, 2024. “During the fourth quarter we added 8 new investments to our platform consistent with our strategy of lending to stable industries, producing attractive debt investment opportunities with lower leverage and correspondingly

Digimarc Corporation (DMRC) Investors Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation

Mon, 03/03/2025 - 18:53
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Digimarc Corporation (“Digimarc” or the “Company”) (NASDAQ: DMRC) investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN DIGIMARC CORPORATION (DMRC), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. Contact the Law Offices of Howard G. Smith to discuss your legal rights b

KBRA Assigns Preliminary Ratings to FHF Issuer Trust 2025-1

Mon, 03/03/2025 - 18:53
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to three classes of notes issued by FHF Issuer Trust 2025-1 (“FHF 2025-1”), a subprime auto loan asset-backed securities transaction. FHF 2025-1 will issue four classes (five tranches) of notes totaling $239,700,000. Credit enhancement is comprised of overcollateralization, subordination of junior note classes (except for the Class D notes), a cash reserve account and excess spread. As of the January 17, 2025 (the “Statistical Calculat

Synovus announces quarterly dividends

Mon, 03/03/2025 - 18:53
COLUMBUS, Ga.--(BUSINESS WIRE)--The board of directors of Synovus Financial Corp. has declared quarterly dividends.

American Express Elects Michael J. Angelakis to Board of Directors

Mon, 03/03/2025 - 18:53
NEW YORK--(BUSINESS WIRE)--American Express Company (NYSE: AXP) today announced that Michael J. Angelakis has been elected to its Board of Directors, effective March 3, 2025. Mr. Angelakis is the Chairman and Chief Executive Officer of Atairos, an independent strategic investment company focused on supporting growth-oriented businesses. Mr. Angelakis will also join the Board’s Audit and Compliance Committee and Nominating, Governance and Public Responsibility Committee. “On behalf of the Board,

American Express Board Authorizes 17 Percent Dividend Increase

Mon, 03/03/2025 - 18:53
NEW YORK--(BUSINESS WIRE)--The Board of Directors of American Express Company (NYSE: AXP) has approved a $0.12, or 17 percent, increase in the quarterly dividend on the company’s common stock, consistent with the planned increase discussed in the company’s fourth-quarter 2024 earnings release. The dividend was raised to $0.82 per common share, from $0.70, payable on May 9, 2025, to shareholders of record on April 4, 2025. ABOUT AMERICAN EXPRESS American Express is a globally integrated payments

Dan Simkowitz, Clare Woodman and Sharon Yeshaya to Speak at the Annual Morgan Stanley European Financials Conference

Mon, 03/03/2025 - 18:53
NEW YORK--(BUSINESS WIRE)--Dan Simkowitz, Co-President of Morgan Stanley, will speak at the Annual Morgan Stanley European Financials Conference which will be held in London, UK, on Tuesday, March 18, 2025 at 11:00 a.m. GMT (7:00 a.m. ET). Clare Woodman, Head of Europe, the Middle East and Africa (EMEA), Latin America and Canada, and CEO of Morgan Stanley & Co. International and Sharon Yeshaya, Chief Financial Officer, will participate in a fireside chat on Tuesday, March 18, 2025 at 4:00 p

Bakkt Schedules Conference Call to Discuss Fourth Quarter and Full Year 2024 Results

Mon, 03/03/2025 - 18:53
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) today announced that it will release its fourth quarter and full year 2024 results on Monday, March 17, 2024, after market close. Management will host a conference call at 5:00 PM ET on the same day to review the results. Attendance information is provided below. Investors and analysts interested in participating in the earnings conference call are invited to join at https://events.q4inc.com/attendee/258383643 or dial in at (83

OFS Capital Corporation Announces Fourth Quarter 2024 Financial Results

Mon, 03/03/2025 - 18:53
CHICAGO--(BUSINESS WIRE)--OFS Capital Corporation (Nasdaq: OFS) (“OFS Capital,” “we,” “us,” or “our”) today announced its financial results for the fiscal quarter ended December 31, 2024. FOURTH QUARTER FINANCIAL HIGHLIGHTS Net investment income increased to $0.30 per common share for the quarter ended December 31, 2024 from $0.27 per common share for the quarter ended September 30, 2024. Net gain on investments of $1.60 per common share for the quarter ended December 31, 2024, primarily compri

Payoneer to Participate in a Fireside Chat at the Wolfe Research FinTech Forum

Mon, 03/03/2025 - 18:53
NEW YORK--(BUSINESS WIRE)--Payoneer Global Inc. (NASDAQ: PAYO) today announced that senior management will participate in a fireside chat at the Wolfe Research FinTech Forum.

Concentra Announces Fourth Quarter and Full Year 2024 Results and Closing of Nova Medical Centers Acquisition

Mon, 03/03/2025 - 18:53
ADDISON, Texas--(BUSINESS WIRE)--Concentra Group Holdings Parent, Inc. (“Concentra,” the “Company,” “we,” “us,” or “our”) (NYSE: CON), the nation’s largest provider of occupational health services, today announced results for its fourth quarter and full year ended December 31, 2024. Additionally, the Company announced the closing of the transaction to acquire U.S. Occmed Holdings, LLC (“Nova Medical Centers” or “Nova”), an occupational health services company with 67 medical centers based in Ho

Webster Financial Corporation to Speak at RBC Capital Markets Global Financial Institutions Conference

Mon, 03/03/2025 - 18:53
STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation to Speak at RBC Capital Markets Global Financial Institutions Conference

Cherry Hill Mortgage Investment Corporation Sets Date for Fourth Quarter and Full Year 2024 Earnings Release and Conference Call

Mon, 03/03/2025 - 18:53
TINTON FALLS, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that the Company will release fourth quarter and full year 2024 financial results after the market closes on March 6, 2025. A conference call will be held the same day at 5:00 pm Eastern Time to review the Company’s fourth quarter and full year 2024. Webcast: A live webcast of the conference call will be available in the investor relations section of the Company’s website at www.chmirei

Crawford & Company Reports 2024 Fourth Quarter and Full Year Results

Mon, 03/03/2025 - 18:53
ATLANTA--(BUSINESS WIRE)-- #earnings--Crawford & Company® (NYSE: CRD-A and CRD-B) today announced its financial results for the fourth quarter and year ended December 31, 2024. Revenues before reimbursements increased 17% to $347.3 million in the 2024 fourth quarter from $296.1 million in the 2023 fourth quarter. Fourth quarter net income was $5.7 million, or $0.11 per diluted share for CRD-A and $0.12 for CRD-B, compared to a loss of $(0.8) million, or $(0.02) per diluted share for CRD-A and CRD-B in

MFS Announces Closed-End Fund Distributions

Mon, 03/03/2025 - 18:53
BOSTON--(BUSINESS WIRE)--MFS Announces Closed End Fund Distributions for March 2025

Citizens Financial Group Announces Executive Committee Appointments

Mon, 03/03/2025 - 18:53
PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) today announced appointments to the company’s Executive Committee that will help further accelerate its strategic growth agenda. Michelle Moosally was named General Counsel and Chief Legal Officer, effective May 15. Moosally, who will report to Chairman and CEO Bruce Van Saun, will lead the company’s legal department, with responsibility including corporate governance, litigation and employment, client advisory servic

PublicSquare Announces Fourth Quarter and Full Year 2024 Financial Results Release Date & Conference Call

Mon, 03/03/2025 - 18:53
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--PSQ Holdings, Inc. (NYSE: PSQH) ("PublicSquare," or the "Company"), today announced it will host a teleconference and webcast to discuss its fourth quarter and full year 2024 results beginning at 4:30 p.m. ET on Thursday, March 13, 2025. PublicSquare will issue a news release containing fourth quarter and full year 2024 results on March 13, 2025, after the U.S. stock market closes. The conference call can be heard live through a link on the PublicSquare I

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