Lastest from Businesswire
Performant Healthcare Announces Confirmation of RAC Opportunity With New York State
PLANTATION, Fla.--(BUSINESS WIRE)--Performant Healthcare, Inc. (Nasdaq: PHLT) (the “Company”, “Performant” or “Performant Healthcare”) today announced that the State Comptroller of the State of New York has officially approved and executed the previously tentative award to Performant of the New York State Medicaid Recovery Audit Contract (“RAC”). The multi-year relationship is expected to commence in Q2 2025. “This marks a significant milestone for Performant,” said Simeon Kohl, Chief Executive
AM Best Affirms Credit Ratings of The Wawanesa Mutual Insurance Company and Wawanesa Life Insurance Company
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a” (Excellent) of The Wawanesa Mutual Insurance Company (Wawanesa Mutual). At the same time, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a” (Excellent) of Wawanesa Life Insurance Company (Wawanesa Life). The outlook of these Credit Ratings (ratings) is stable. Both companies are domiciled in Winnipeg, Man
BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Declares Distribution
NEW YORK--(BUSINESS WIRE)--On February 27, 2025, BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (Ticker: XALCX) declared a distribution of $2.00 per share of common stock, payable on April 1, 2025, to shareholders of record at the close of business on March 13, 2025. The ex-dividend date is March 13, 2025. The previous distributions declared in December were a quarterly distribution of $2.00 per share of common stock and a special year-end distribution of $5.85 per share of common
Cotchett Pitre & McCarthy Files Lawsuit Against Texas-Based Vistra Corporation and Other Relevant Parties for Moss Landing Battery Plant Fire
SAN JOSE, Calif.--(BUSINESS WIRE)--Cotchett, Pitre & McCarthy filed a lawsuit in the Northern District of California on behalf of the owners of the beloved Moss Landing Haute Enchilada Restaurant, Café, and Gallery against Vistra Corporation (“Vistra”) for the Moss Landing Battery Plant fire. Kim and Luis Solano, the owners, were forced to close their business after the January 16th explosion and fire at the Moss Landing Power Plant at the Phase I building of the Vistra Battery Energy Stora
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 November 20, 2024: Ticker Amount of Distribution Ex-Date/Record Date Payable Date ACV $0.18 February 13, 2025 February 27, 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
MBIA Inc. Reports Full Year and Fourth Quarter 2024 Financial Results
PURCHASE, N.Y.--(BUSINESS WIRE)--MBIA Inc. (NYSE:MBI) today posted its full year and fourth quarter 2024 financial results on its website at https://investor.mbia.com/investor-relations/financial-information/default.aspx. The financial results will also be furnished to the Securities and Exchange Commission (SEC) on a Current Report on Form 8-K available at sec.gov. As previously announced, the Company will host a webcast and conference call for investors on Friday, February 28 at 8:00 a.m. (ET
Empire State Realty Trust to Present at Citi’s 30th Annual Global Property CEO Conference
NEW YORK--(BUSINESS WIRE)--EMPIRE STATE REALTY TRUST TO PRESENT AT CITI’S 30TH ANNUAL GLOBAL PROPERTY CEO CONFERENCE
Everest Group Announces Dividend
HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Group, Ltd. announced that its Board of Directors declared a dividend of $2.00 per common share. This dividend will be payable on or before March 28, 2025 to all shareholders of record as of March 17, 2025. About Everest Everest Group, Ltd. (Everest) is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions that address customers’ most pressing challenges. Known for a 50-year track re
Morgan Stanley Direct Lending Fund Announces December 31, 2024 Financial Results and Declares First Quarter 2025 Regular Dividend of $0.50 per Share
NEW YORK--(BUSINESS WIRE)--Morgan Stanley Direct Lending Fund (NYSE: MSDL) (“MSDL” or the “Company”), a business development company externally managed by MS Capital Partners Adviser Inc. (the “Adviser”), today announced its financial results for the fourth quarter and fiscal year ended December 31, 2024. QUARTERLY HIGHLIGHTS Net investment income of $50.7 million, or $0.57 per share, as compared to $58.7 million, or $0.66 per share, for the quarter ended September 30, 2024; Net asset value of
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 November 20, 2024: Ticker Amount of Distribution Ex-Date/Record Date Payable Date AIO $0.15 February 13, 2025 February 27, 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
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: February 28, 2025 Record Date: February 28, 2025 Payable Date: March 4, 2025 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount ACTIVELY MANAGED EXCHANGE-TRADED FUNDS First T
BNY Mellon Municipal Bond Closed-End Funds Declare Distributions
NEW YORK--(BUSINESS WIRE)--BNY Mellon Investment Adviser, Inc. announced today that BNY Mellon Municipal Income, Inc., 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 March 31, 2025 to shareholders of record on March 14, 2025, with an ex-dividend date of March 14, 2025. Fund Ticker Monthly Distribution Per Share C
Blend Announces Fourth Quarter and Full Year 2024 Financial Results
SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leading origination platform for digital banking solutions, today announced its fourth quarter and full year 2024 financial results. “2024 was a pivotal year for Blend. In Q4, we brought on several new customers, including PHH Mortgage and a top 10 U.S. bank,” said Nima Ghamsari, Head of Blend. “We achieved 42% annual revenue growth in our Consumer Banking business, reinforcing its promise as an emerging growth driver. At the same
Yext to Host Investor Day on April 2, 2025
NEW YORK--(BUSINESS WIRE)--Yext, Inc. (NYSE: YEXT), the leading digital presence platform for multi-location brands, today announced that it will host an Investor Day on April 2, 2025. The event will take place at the company’s New York City headquarters with registration scheduled to begin at 1:30 pm ET. Yext’s executive leadership team will present the company’s vision, strategy, and financial objectives, followed by a live Q&A. The event will also feature the latest product demonstration
Green Dot Reports Fourth Quarter 2024 Results
PROVO, Utah--(BUSINESS WIRE)--Green Dot Corporation (NYSE: GDOT), a leading digital bank and fintech that delivers seamless banking and payment tools for consumers and businesses, today reported financial results for the quarter ended December 31, 2024. “It was a solid year and fourth quarter for Green Dot as we accelerated revenue and earnings growth and saw our first positive quarter of account growth in several years,” said George Gresham, Chief Executive Officer of Green Dot. "We balanced t
Central Pacific Financial Corp. Promotes David Morimoto to Chief Operating Officer and Dayna Matsumoto to Chief Financial Officer
HONOLULU--(BUSINESS WIRE)--Arnold Martines, Chairman, President, and Chief Executive Officer, today announced the following executive appointments for Central Pacific Financial Corp. (CPF) and Central Pacific Bank (CPB) to be effective March 1, 2025: David Morimoto is being promoted to Vice Chair and Chief Operating Officer. Dayna Matsumoto is being promoted to Executive Vice President and Chief Financial Officer. “In addition to recognizing the valuable contributions of David and Dayna, their
Assured Guaranty Ltd. Reports Results for Fourth Quarter 2024 and Full Year 2024
HAMILTON, Bermuda--(BUSINESS WIRE)--Assured Guaranty Ltd. (NYSE: AGO) (AGL and, together with its consolidated entities, Assured Guaranty or the Company) announced today its financial results for the three-month period ended December 31, 2024 (fourth quarter 2024) and the year ended December 31, 2024 (FY 2024). “Assured Guaranty generated strong results in 2024,” said Dominic Frederico, President and CEO. “We reached record year-end highs for shareholders’ equity per share, at $108.80, adjusted
Paychex Announces Expiration of HSR Waiting Period for Paychex’s Acquisition of Paycor
ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc. (Nasdaq: PAYX) (“Paychex”), an industry-leading human capital management (HCM) company delivering a full suite of technology and advisory solutions in human resources, employee benefit solutions, insurance, and payroll, announced that the waiting period under the Hart-Scott Rodino Antitrust Improvements Act of 1976, as amended ("HSR"), has expired with respect to Paychex’s previously announced acquisition of Paycor HCM, Inc. (Nasdaq: PYCR) (“Payco
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 November 20, 2024: Amount of Distribution Ex-Date/Record Date Payable Date $0.05 February 13, 2025 February 27, 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. Shareholders sh
Priority Technology Holdings, Inc., Announces Planned Retirement of Co-Founder John V. Priore and Appointment of Clayton Main to Board of Directors
ALPHARETTA, Ga.--(BUSINESS WIRE)--Priority Technology Holdings, Inc. (NASDAQ: PRTH) ("Priority" or the "Company"), the payments and banking solution that streamlines collecting, storing, lending and sending money to unlock revenue opportunities, today announced the planned retirement of co-founder John V. Priore from the board of directors effective April 1, 2025. Clayton Main has been appointed to the board of directors effective April 1, 2025. John Priore was one of the original founders of P