Lastest from Businesswire
Cole & Van Note Announces Filing of NorthBay Healthcare Group Data Breach Class Action
OAKLAND, Calif.--(BUSINESS WIRE)--Class action lawsuit filed against NorthBay Healthcare Group for data breach.
International Green Industry Hall of Fame to Name Nine Inductees in Annual Ceremony at University of Redlands
REDLANDS, Calif.--(BUSINESS WIRE)-- #HallofFame--The International Green Industry Hall of Fame (IGIHOF) has announced that it will celebrate nine new inductees as part of its official 2024 Induction Ceremony to be held on Friday, March 21st from 5:00pm – 7:00pm Pacific Time. The event is being held at the University of Redlands in conjunction with the Green Future Forum, a day of networking and co-learning where students and inductees will co-facilitate explorations of the sustainability issues that matter m
CAGW Releases Comprehensive Waste-Cutting Proposals for the 119th Congress
WASHINGTON--(BUSINESS WIRE)-- #GovWaste--CAGW's Critical Waste Issues for the 119th Congress is a blueprint for reducing the deficit and making the government more effective and efficient.
PennyMac Mortgage Investment Trust Announces Pricing of Public Offering of Senior Notes
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) (the “Company” or “PMT”) today announced that it has priced an underwritten public offering of $150,000,000 aggregate principal amount of its 9.00% Senior Notes due 2030 (the “Notes”). The Notes will be fully and unconditionally guaranteed on a senior unsecured basis by PennyMac Corp. (“PMC”), an indirect wholly-owned subsidiary of the Company. The Notes will be issued in minimum denominations and integral
PBCO Announces Cash Dividend
MEDFORD, Ore.--(BUSINESS WIRE)--PBCO Financial Corporation (OTCPK: “PBCO”), the holding company (Company) of People’s Bank of Commerce (Bank), today announced that it has declared a cash dividend representing 15% of 2024 year-end net income, or $0.229 per share. The $0.229 dividend will be paid on March 5, 2025, to shareholders of record February 19, 2025 and will be rounded up to the nearest full cent upon payment. “I am pleased to announce that this represents the first cash dividend paid to
PennyMac Financial Services, Inc. Announces Upsizing and Pricing of Private Offering of $850 Million of Senior Notes
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) and its subsidiaries (the “Company”) today announced the pricing of its previously announced offering of $850 million aggregate principal amount of 6.875% Senior Notes due 2033 (the “Notes”). The offering size was increased from the previously announced offering size of $650 million aggregate principal amount of Notes. The Notes will bear interest at 6.875% per annum and will mature on February 15, 2033. I
OMB Bank Launches OMBX, a Premier Embedded Finance Platform
SPRINGFIELD, Mo.--(BUSINESS WIRE)--OMB Bank proudly announces the launch of OMBX, a dedicated embedded finance division designed to empower fintechs and other digital companies with seamless banking solutions. With seven fintech clients already operating and several more in its pipeline, OMBX is positioned to become a premier embedded finance partner within the industry. The launch of a dedicated website at www.ombx.com marks a significant step in OMBX’s mission to provide clients with a scalab
Valero Energy Corporation Announces Pricing of Notes Offering
SAN ANTONIO--(BUSINESS WIRE)--Valero Energy Corporation (NYSE: VLO, “Valero”) announced today that it has priced a public offering of $650,000,000 aggregate principal amount of 5.150% Senior Notes due 2030 (the “Notes”). The offering is expected to close on February 7, 2025, subject to customary closing conditions. Valero intends to use the net proceeds from the offering for general corporate purposes, including the repayment, repurchase, or redemption of its outstanding 3.650% Senior Notes due
Tracy Dufault of Walmart Named 2025 Presidential Leadership Scholar
BENTONVILLE, Ark.--(BUSINESS WIRE)--Tracy Dufault, Senior Vice President of Merchandising Operations, Walmart U.S., has been named one of 57 Scholars who will form the Presidential Leadership Scholars’ (PLS) 10th annual class. For the past decade, PLS has brought together more than 500 diverse, established leaders to collaborate and make a difference in the world as they learn about leadership through the lens of the presidential experiences of George W. Bush, William J. Clinton, George H.W. Bu
BankUnited Names New Executive Vice President to Lead Business Banking in Florida and Texas Markets
MIAMI LAKES, Fla.--(BUSINESS WIRE)-- #BusinessBanking--Lynetta Tipton Steed will lead business banking in Florida and Texas as executive vice president for Miami Lakes-based BankUnited.
DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of MGP Ingredients
NEW YORK--(BUSINESS WIRE)---- $MGPI #ClassAction--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against MGP Ingredients, Inc. (“MGPI” or the “Company”) (NASDAQ: MGPI) and reminds investors of the February 14, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The fi
AM Best Removes From Under Review With Various Implications for Members of Rural Mutual Insurance Group
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has removed under review with negative implications and affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa-” (Superior) of Rural Mutual Insurance Company (Rural) (Madison WI). Concurrently, AM Best has removed from under review with positive implications and upgraded the FSR to A+ (Superior) from C++ (Marginal) and the Long-Term ICR to “aa-” (Superior) from “b+” (Marginal) of Badger
State Street to Speak at the UBS Financial Services Conference
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) announced today that its Chairman & Chief Executive Officer, Ron O’Hanley, will present at the UBS Financial Services Conference in Miami, FL on Tuesday, February 11, 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 replay will be available on the Investor Relations website later that da
Igneo Infrastructure Partners Selects Northern Trust as its Global Private Capital Administration Provider
CHICAGO & MELBOURNE, Australia--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) today announced it is providing asset servicing solutions to Igneo Infrastructure Partners (Igneo) as its global private capital administration partner. Operating since 1994, Igneo manages US$20 billion worth of assets (as of 30 September 2024) on behalf of more than 200 investors around the world. It is the direct infrastructure investment team of the First Sentier Investors Group. Igneo is a specialist global infra
American Financial Group, Inc. Announces Fourth Quarter and Full Year Results
CINCINNATI--(BUSINESS WIRE)--American Financial Group, Inc. (NYSE: AFG) today reported 2024 fourth quarter net earnings of $255 million ($3.03 per share) compared to $263 million ($3.13 per share) in the 2023 fourth quarter. Net earnings for the 2024 fourth quarter included net after-tax non-core realized losses of $7 million ($0.09 per share loss). By comparison, net earnings for the 2023 fourth quarter included net after-tax non-core realized gains of $25 million ($0.29 per share). Net earnin
Douglas Emmett Releases Fourth Quarter 2024 Earnings Results
SANTA MONICA, Calif.--(BUSINESS WIRE)--Douglas Emmett, Inc. (NYSE: DEI), a real estate investment trust (REIT), has released its Fourth Quarter 2024 Earnings Results and Operating Information package by posting it to the investor relations section of its website at www.douglasemmett.com/investors. As previously announced, Jordan Kaplan, CEO, Peter Seymour, CFO, Kevin Crummy, CIO, and Stuart McElhinney, Vice President Investor Relations, will host a live conference call to discuss Douglas Emmett
Willdan Expands Florida Presence with Acquisition of Alpha Inspections
ANAHEIM, Calif.--(BUSINESS WIRE)---- $WLDN--Willdan Group, Inc. (NASDAQ: WLDN) announced today that it has acquired Alpha Inspections Inc. (Alpha), a building and safety firm, in a stock purchase that closed on January 31. Alpha specializes in building administration, inspection, plan review, and building official services to jurisdictions in Florida. Alpha delivered approximately $5 million in revenue in 2024. The terms of the transaction were not disclosed. “We’re excited to expand our presence through
Blackstone Mortgage Trust Announces Tax Treatment of 2024 Dividends
NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today announced the tax treatment of its 2024 class A common stock dividends. The following table summarizes BXMT’s class A common stock dividend payments for the tax year ended December 31, 2024: Box 1a Box 1b Box 2a Box 3 Box 5 Distribution Capital Non- Section Record Payment Cash Allocable Ordinary Qualified Gain Dividend 199A Date Date Distribution to 2024 Dividends Dividends (1) Dividends Distribution Dividends (2) 12/
T-Mobile Agrees to Sell €2.75 Billion of Euro-Denominated Senior Notes
BELLEVUE, Wash.--(BUSINESS WIRE)--T-Mobile US, Inc. (NASDAQ: TMUS) (“T-Mobile”) announced today that T-Mobile USA, Inc., its direct wholly-owned subsidiary (“T-Mobile USA” or the “Issuer”), has agreed to sell €1,000,000,000 aggregate principal amount of its 3.150% Senior Notes due 2032 (the “2032 Notes”), €1,000,000,000 aggregate principal amount of its 3.500% Senior Notes due 2037 (the “2037 Notes”) and €750,000,000 aggregate principal amount of its 3.800% Senior Notes due 2045 (the “2045 Note
Franklin Resources, Inc. Announces Quarterly Dividend
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Resources, Inc. (the “Company”) [NYSE:BEN] announced a quarterly cash dividend in the amount of $0.32 per share payable on April 11, 2025 to stockholders of record holding shares of common stock at the close of business on March 31, 2025. The quarterly dividend of $0.32 per share is equivalent to the dividend paid for the prior quarter and represents a 3.2% increase over the quarterly dividend paid for the same quarter last year. About Franklin Templ