Lastest from Businesswire
ResilienceVC Announces Oversubscribed, Debut Fund With Over $56M In AUM To Invest In Fintech Solutions Driving Financial Resilience Across The U.S.
WASHINGTON--(BUSINESS WIRE)--ResilienceVC, a seed-stage venture capital firm that invests in fintech startups driving financial resilience for all Americans, today announced the close of its debut, oversubscribed fund. With its inaugural fund attracting a diverse range of strategic investors and its management of early-stage investments for the Discover Financial Health Improvement Fund, the firm’s total assets under management stand at over $56M. Focused on early-stage fintech companies, Resil
Templeton Emerging Markets Income Fund (“TEI” or the “Fund”) Announces Notification of Sources of Distributions
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Templeton Emerging Markets Income Fund [NYSE: TEI] Notification of Sources of Distributions Pursuant to Section 19(a) of the Investment Company Act of 1940 The Fund’s estimated sources of the distribution to be paid on February 28, 2025, and for the fiscal year 2025 year-to-date are as follows: Estimated Allocations for February Monthly Distribution as of January 31, 2025: Distribution Per Share Net Investment Income Net Realized Short-Term Capital Gains
Franklin Universal Trust (“FT” or the “Fund”) Announces Notification of Sources of Distributions
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Universal Trust [NYSE: FT]: Notification of Sources of Distributions Pursuant to Section 19(a) of the Investment Company Act of 1940 The Fund’s estimated sources of the distribution to be paid on February 28, 2025 and for the fiscal year 2025 year-to-date are as follows: Estimated Allocations for February Monthly Distribution as of January 31, 2025: Distribution Per Share Net Investment Income Net Realized Short-Term Capital Gains Net Realized Long-T
Franklin Limited Duration Income Trust (“FTF” or the “Fund”) Announces Notification of Sources of Distributions
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Limited Duration Income Trust [NYSE American: FTF]: Notification of Sources of Distributions Pursuant to Section 19(a) of the Investment Company Act of 1940 The Fund’s estimated sources of the distribution to be paid on February 28, 2025 and for the fiscal year 2025 year-to-date are as follows: Estimated Allocations for February Monthly Distribution as of January 31, 2025: Distribution Per Share Net Investment Income Net Realized Short-Term Capital
IBC Reports Strong Earnings in 2024
LAREDO, Texas--(BUSINESS WIRE)--International Bancshares Corporation (NASDAQ:IBOC) today reported annual net income for 2024 of approximately $409.2 million.
KBRA Assigns Preliminary Ratings to A&D Mortgage Trust 2025-NQM1 (ADMT 2025-NQM1)
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 7 classes of mortgage pass-through certificates from ADMT 2025-NQM1, a $458.9 million non-prime RMBS transaction. The underlying collateral, comprising 1,290 residential mortgages, is characterized by a significant concentration of loans underwritten using alternative income documentation. Borrowers in the subject pool possess a non-zero WA original credit score of 745 and exhibit notable equity in each mortgaged property, with a WA
Calque and Capital New York Home Advantage Announce Partnership to Offer Buy-Before-You-Sell Lending Solutions
AUSTIN, Texas--(BUSINESS WIRE)--Calque and Capital New York Home Advantage Provide Homeowners a Smarter Way to Leverage Existing Home Equity to Purchase Their Next Home.
Sevan Multi-Site Solutions Recognized as Top National Safety Leader by Associated Builders and Contractors
DOWNERS GROVE, Ill.--(BUSINESS WIRE)--Sevan Multi-Site Solutions (Sevan) today announced it has earned a National Safety Excellence Award from Associated Builders and Contractors, which was presented at the 35th annual Excellence in Construction® Awards during ABC Convention 2025 in Las Vegas on Feb. 26. Sevan received the award for Excellence in Safety. The award was presented to only 52 contractors nationwide. “This award highlights the unwavering commitment and relentless efforts of our team
Everen Group Appoints James Peniston as Chief Investment Officer
HAMILTON, Bermuda--(BUSINESS WIRE)--The Everen Group, a group of leading energy insurance companies based in Bermuda, is pleased to announce the appointment of James Peniston as Chief Investment Officer, effective April 1, 2025. His appointment follows the retirement of Ricky Lines and is part of a long-established succession plan. For the full release click here: https://everengroup.bm/everen-group-appoints-james-peniston-as-chief-investment-officer/
Milliman analysis: Public pension funded ratio rises to 81.1% after January market gains
SEATTLE--(BUSINESS WIRE)--Milliman, Inc., a premier global consulting and actuarial firm, today released the latest results of its Public Pension Funding Index (PPFI), which analyzes data from the nation’s 100 largest public defined benefit plans. Market swings at the end of 2024 and start of 2025 caused the Milliman 100 PPFI funded ratio to dip from 81.7% as of November 30 to 80.0% as of December 31 before rising back up to 81.1% as of January 31. The plans experienced estimated aggregate retu
ARDRI to Enter Non-QM Lending Market
CALABASAS, Calif.--(BUSINESS WIRE)-- #ARDRI--ARDRI, the upcoming leader in intelligent non-QM and Business Purpose lending solutions, is excited to announce its official entry into the non-QM lending market on March 3, 2025. ARDRI's intelligent digital platform will simplify lending, offering brokers faster approvals, competitive pricing, and a seamless experience from application to closing. With innovative tools, real-time analytics, and a commitment to transparency, ARDRI will enable brokers to close
Rosen Law Firm Urges Manhattan Associates, Inc. (NASDAQ: MANH) Stockholders to Contact the Firm for Information About Their Rights
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces that a shareholder filed a class action on behalf of purchasers of securities of Manhattan Associates, Inc. (NASDAQ: MANH) between October 22, 2024 and January 28, 2025. Manhattan Associates describes itself as a “a global company that develops, sells, deploys, services, and maintains software solutions for the purpose of assisting in the management of supply chains, inventory, and omnichannel operations for
Datassential Named Preferred Menu Insights Partner For ICCA, GCIA
CHICAGO--(BUSINESS WIRE)--Datassential, the global leader in food and beverage intelligence connecting the dots between consumers and the industry, is proud to announce their formal partnership with the International Corporate Chefs Association (ICCA) and the Global Culinary Innovators Association (GCIA) to be their exclusive preferred menu insights partner. This collaboration will provide ICCA and GCIA members with unparalleled access to cutting-edge menu insights and trend forecasting to driv
Flexa Launches Tap to Pay for Crypto Transactions, Introducing the First NFC-Based Hardware Wallet Payments for Retail
NEW YORK--(BUSINESS WIRE)--Flexa, the leading provider of pure-digital payments, is today introducing Tap to Pay support for cryptocurrency transactions, becoming the first digital currency acceptance platform to enable direct blockchain payments via NFC-enabled hardware wallets. This marks a major step in digital asset usability, allowing in-person transactions without the need for a mobile phone or internet connection. Launching with support for hardware wallets like Burner, this system enabl
Deadline Approaching: Merck & Co (MRK) Investors Who Lost Money Urged To Contact Law Offices of Howard G. Smith
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the upcoming April 14, 2025 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased Merck & Co (“Merck” or the “Company”) (NYSE: MRK) securities between February 3, 2022, to February 3, 2025, inclusive (the “Class Period”). IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN MERCK & CO (MRK), CONTACT THE LAW OFFICES OF HOWARD G. SMITH TO PARTICIPATE IN THE ONGOING SECURI
Deadline Alert: Constellation Brands, Inc. (STZ) Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP reminds investors of the upcoming April 21, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Constellation Brands, Inc. (“Constellation” or the “Company”) (NYSE: STZ) securities between April 11, 2024 to January 8, 2025, inclusive (the “Class Period”). IF YOU SUFFERED A LOSS ON YOUR CONSTELLATION INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURS
Securities Fraud Investigation Into Flywire Corporation (FLYW) Announced – Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Flywire Corporation (“Flywire” or the “Company”) (NASDAQ: FLYW) investors concerning the Company’s possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON FLYWIRE CORPORATION (FLYW), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. What Happened? On Febr
Securities Fraud Investigation Into Quantum Computing Inc. (QUBT) Announced – Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Quantum Computing Inc. (“QCI” or the “Company”) (NASDAQ: QUBT) investors concerning the Company’s possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON QUANTUM COMPUTING INC. (QUBT), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. What Happened? On No
Bombora Recognized As a Leader Among B2B Intent Data Providers by Independent Research Firm
NEW YORK--(BUSINESS WIRE)--Bombora, a B2B Data provider, has been named a Leader in The Forrester Wave™: Intent Data Providers for B2B, Q1 2025 report. Bombora, the company that created the B2B Intent Data category more than 10 years ago, is recognized by Forrester as “...the gold standard for account-level intent data feeds…” The report also notes that Bombora customers cite “the quality of Bombora’s intent data as the standard by which they measure their other providers.” Central to Bombora’s
KBRA Assigns AA+ Rating to the City of New York, NY General Obligation Bonds, Fiscal 2025 Series E&F and Fiscal 2006 Series I, Subseries I-6; Affirms Rating for Outstanding General Obligation Bonds
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term rating of AA+ to the City of New York, NY (the "City") General Obligation Bonds Fiscal 2025 Series E, Fiscal 2025 Series F, and Fiscal 2006 Series I, Subseries I-6. Concurrently, KBRA affirms the long-term rating of AA+ rating the City's outstanding General Obligation Bonds. The rating Outlook is Stable. The rating assignments and affirmation recognize the City's preeminent role as a domestic and international center of business, culture and t