Lastest from Businesswire
Air Lease Corporation Announces Lease Placement of Five New Airbus A321neo LR/XLR Aircraft with Qanot Sharq (Uzbekistan)
LOS ANGELES--(BUSINESS WIRE)--Today Air Lease Corporation (NYSE: AL) announced long-term lease agreements with Qanot Sharq Airlines for five new Airbus A321neo aircraft, including three A321-200neo XLRs and two A321-200neo LRs. The aircraft are scheduled to deliver to the Uzbek airline in 2026 and 2027 from Air Lease’s orderbook with Airbus. “We are pleased to further strengthen our partnership with Qanot Sharq and support the airline’s continued growth with the addition of five new Airbus A321
Voya Equity Closed End Funds Declare Distributions
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today the distributions on the common shares of five of its closed-end funds: Voya Global Advantage and Premium Opportunity Fund (NYSE: IGA), Voya Global Equity Dividend and Premium Opportunity Fund (NYSE: IGD), Voya Infrastructure, Industrials and Materials Fund (NYSE: IDE), Voya Asia Pacific High Dividend Equity Income Fund (NYSE: IAE), and Voya Emergin
OppFi Announces Fourth Quarter and Full Year 2024 Earnings Conference Call
CHICAGO--(BUSINESS WIRE)--OppFi Inc. (NYSE: OPFI) (“OppFi” or the “Company”), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, will report financial results for its fourth quarter and full year 2024 before the market-open on Wednesday, March 5, 2025. Management will host a conference call on March 5, 2025 at 9:00 a.m. ET to discuss OppFi’s financial results and business outlook. The conference cal
Faraday Future Announces Plans to Expand its AI-Focused Recruitment as the Company Ramps Up its AI R&D Efforts in 2025
LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future,” “FF” or the “Company”) announced today that it has begun hiring for key positions to help support its AI initiatives as it furthers its plans to significantly expand AI R&D efforts and input, launching recruitment of AI talents, especially those specialized in large-model development and algorithm training programs. The Company also plans to change its Nasdaq ticker symbol to “FFAI” on M
Ares Management Upsizes Tempus Debt Facilities to $560 Million
NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that Ares Credit funds served as the administrative agent on $300 million in incremental debt financing for Tempus AI, Inc. (NASDAQ: TEM) (“Tempus”), a technology company leading the adoption of AI to advance precision medicine and patient care. The financing is intended to support Tempus’ previously announced acquisition of Ambry Genetics (“Ambry”), whi
Mesa Royalty Trust Announces Trust Income for February 2025
HOUSTON--(BUSINESS WIRE)--Mesa Royalty Trust (the “Trust”) (NYSE: MTR) announced today the Trust income distribution for the month of February 2025. Unitholders of record on February 28, 2025 will receive distributions amounting to $0.002429966 per unit, payable on April 30, 2025. The Trust received $31,717, all of which came from the New Mexico portion of the Trust’s San Juan Basin properties operated by Hilcorp San Juan LP, an affiliate of Hilcorp Energy Company. No income was received in Feb
Genworth Financial Announces Fourth Quarter 2024 Results
RICHMOND, Va.--(BUSINESS WIRE)--Genworth Financial, Inc. (NYSE: GNW) today reported results for the quarter ended December 31, 2024. “I’m pleased with our financial and operational achievements in 2024,” said Tom McInerney, President & CEO. “We advanced progress on our multi-year rate action plan and returned substantial capital to shareholders using cash flows from Enact, which delivered record adjusted operating income for the full year. Meanwhile, we set the stage for future growth by sc
Angel Oak Mortgage REIT, Inc. Sets Date for Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage REIT, Inc. (NYSE: AOMR) (the “Company,” “we,” and “our”), a leading real estate finance company focused on acquiring and investing in first lien non-QM loans and other mortgage-related assets in the U.S. mortgage market, announced today that the Company will release its fourth quarter and full year 2024 financial results before the market opens on Tuesday, March 4, 2025. A conference call will be held that day at 8:30 a.m. Eastern Time. Webcast: A we
JBG Smith Announces Fourth Quarter and Full Year 2024 Results
BETHESDA, Md.--(BUSINESS WIRE)--JBG SMITH (NYSE: JBGS), a leading owner, operator, and developer of high-quality, mixed-use properties in the Washington, DC market, today filed its Form 10-K for the year ended December 31, 2024 and reported its financial results. Additional information regarding our results of operations, properties, and tenants can be found in our Fourth Quarter 2024 Investor Package, which is posted in the Investor Relations section of our website at www.jbgsmith.com. We enco
Horizon Technology Finance to Announce Fourth Quarter 2024 Financial Results
FARMINGTON, Conn.--(BUSINESS WIRE)--Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon”) (the “Company”), an affiliate of Monroe Capital, and a leading specialty finance company that provides capital in the form of secured loans to venture capital-backed companies in the technology, life science, healthcare information and services, and sustainability industries, announced today that it plans to release financial results for the fourth quarter ended December 31, 2024 on Tuesday, Ma
Voya Global Advantage and Premium Opportunity Fund & Voya Infrastructure, Industrials and Materials Fund Announces Payment of Monthly Distribution
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Voya Global Advantage and Premium Opportunity Fund (NYSE: IGA) and Voya Infrastructure, Industrials and Materials Fund (NYSE: IDE) (the “Funds”) today announced important information concerning the Funds’ distributions declared in January 2025. This press release is issued as required by the Funds’ Managed Distribution Plan (the “Plan") and an exemptive order received from the U.S. Securities and Exchange Commission. The Board of Trustees has approved the imp
MetLife Announces First Quarter 2025 Preferred Stock Dividend Actions
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced that it has declared the following preferred stock dividends: Semi-annual dividend of $29.375 per share on the company’s 5.875% fixed-to-floating rate non-cumulative preferred stock, Series D, with a liquidation preference of $1,000 per share. Quarterly dividend of $351.5625 per share on the company’s 5.625% non-cumulative preferred stock, Series E, with a liquidation preference of $25,000 per share, represented by depositary
Unum Group’s Board of Directors Authorizes $1 Billion Share Repurchase Program
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group (NYSE: UNM) announced today that its board of directors has approved a share repurchase program authorizing the company to repurchase up to $1 billion of its common stock from time to time beginning on April 1, 2025. The board of directors also authorized the termination of the company’s current share repurchase program as of March 31, 2025, with any unused amount under that program expiring as of that date. The timing and amount of share repurcha
Fold to Commence Trading on Nasdaq on February 19, 2025
PHOENIX--(BUSINESS WIRE)--Fold Holdings, Inc. (“Fold”), a pioneering bitcoin financial services company, announced today that its common stock and warrants are expected to commence trading on the Nasdaq Capital Market on February 19, 2025 under the ticker symbols “FLD” and “FLDDW,” respectively. As previously announced, in connection with the closing of its business combination on February 14, 2025, the company changed its name from “FTAC Emerald Acquisition Corp.” to “Fold Holdings, Inc.” “We
PLRX Investors Have Opportunity to Join Pliant Therapeutics, Inc. Fraud Investigation with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)--PLRX Investors Have Opportunity to Join Pliant Therapeutics, Inc. Fraud Investigation with the Schall Law Firm
Broadstone Net Lease Provides Updates on Its Board of Directors
VICTOR, N.Y.--(BUSINESS WIRE)-- #commercialrealestate--Broadstone Net Lease Provides Updates on Its Board of Directors
Generational Group Advises SPOON Exhibit Services dba SPOON Events (SPOON) in its sale to Catalyst MXE (Catalyst)
DALLAS--(BUSINESS WIRE)--Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of its client, SPOON Exhibit Services dba SPOON Events (SPOON) to Catalyst MXE (Catalyst). The acquisition closed December 31, 2024. Founded in 1998, SPOON Exhibit Services dba SPOON Events (SPOON) is headquartered in Macedon, New York. SPOON Events is a turnkey, full-service marketing, global tradeshow and event planning company offering 3
Shift4 to Acquire Global Blue, the Leading Specialty Payments and Technology Provider Serving Luxury Brands
CENTER VALLEY, Pa. & EYSINS, Switzerland--(BUSINESS WIRE)---- $FOUR--Shift4 (NYSE: FOUR), the leader in integrated payments and commerce technology, and Global Blue (NYSE: GB), the leading specialty payments and technology platform enabling tax-free shopping, dynamic currency conversion, and payments solutions to the world’s largest retail brands, today announced they have entered into a definitive agreement under which Shift4 will acquire Global Blue for $7.50 per common share in cash, representing an 1
BrightSpire Capital, Inc. Announces Fourth Quarter & Full Year 2024 Financial Results
NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced its financial results for the fourth quarter and full year ended December 31, 2024 and certain updates. The Company reported fourth quarter 2024 GAAP net loss attributable to common stockholders of ($19.7) million, or ($0.16) per share, Distributable Earnings of $13.7 million, or $0.11 per share, and Adjusted Distributable Earnings of $23.7 million, or $0.18 per share. For
CoStar Group 2024 Full Year Revenue Increased 11% Year-over-Year; Q4 24 Net Income Increased 13%, EBITDA Increased 43% & Adjusted EBITDA Increased 47% from Q3 24
ARLINGTON, Va.--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, announced today that revenue for the year ended December 31, 2024 was $2.74 billion, up 11% over revenue of $2.46 billion for the full year of 2023. Revenue for the fourth quarter of 2024 was $709 million, an increase of 11% over revenue of $640 million for the fourth quarter of 2023. Net income was $139 million for the ye