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CUMMINS SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Cummins Inc. - CMI

Tue, 01/16/2024 - 20:55
NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until March 15, 2024 to file lead plaintiff applications in a securities class action lawsuit against Cummins Inc. (NYSE: CMI), if they purchased or otherwise acquired the Company’s securities between April 30, 2019 and December 21, 2023, inclusive (the “Class Period”). This action is pending in the United States District C

SmartStop Self Storage REIT, Inc. Declares Updated Estimated Per Share Value

Tue, 01/16/2024 - 20:55
LADERA RANCH, Calif.--(BUSINESS WIRE)--SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), a self-managed and fully integrated self-storage company, today announced that on January 15, 2024, its board of directors declared an updated estimated Net Asset Value (“NAV”) per share of $15.25 for its Class A and Class T shares, as of September 30, 2023. SmartStop’s previous estimated NAV per share was $15.21 as of September 30, 2022. “I am pleased to report that SmartStop’s estimated NA

MBLY CLASS ACTION NOTICE: The Law Offices of Frank R. Cruz Files Securities Fraud Lawsuit Against Mobileye Global Inc.

Tue, 01/16/2024 - 20:55
LOS ANGELES--(BUSINESS WIRE)---- $STOCKS--MBLY CLASS ACTION NOTICE: The Law Offices of Frank R. Cruz Files Securities Fraud Lawsuit Against Mobileye Global Inc.

Franklin BSP Lending Corp. Declares Special Dividend of $0.49 per Common Share

Tue, 01/16/2024 - 20:55
NEW YORK--(BUSINESS WIRE)--Franklin BSP Lending Corporation (“FBLC”) announced today that its Board of Directors has declared a special dividend of approximately $115 million, or $0.49 per common share, in connection with the previously announced definitive merger agreement entered into by and between FBLC, Franklin BSP Capital Corporation (“FBCC”) and the other parties thereto. The special dividend was paid in cash on January 11, 2024 to common stockholders of record as of January 10, 2024. Th

Ventas Announces Tax Treatment Of 2023 Distributions

Tue, 01/16/2024 - 20:55
CHICAGO--(BUSINESS WIRE)--Ventas, Inc. (NYSE: VTR) (the “Company”) announced today the tax treatment of its 2023 distributions on the Company’s common stock. For income tax purposes, total taxable dividend income for 2023 was $1.80 per share. This includes the Company’s fourth quarter 2022 dividend of $0.45 per share, which was declared on December 7, 2022 and was paid on January 19, 2023. It excludes the Company’s fourth quarter 2023 dividend, which was declared on December 5, 2023, will be pa

Port Houston Community Grants Program Application Period Opens February 1

Tue, 01/16/2024 - 20:55
HOUSTON--(BUSINESS WIRE)--Port Houston has announced the start of the application period for its Community Grants Program (CGP), beginning February 1. Eligible not-for-profit organizations may submit their Letters of Interest (LOI) to Port Houston starting February 1. Applicants meeting the 2024 CGP’s guidelines and priorities will be invited to complete the full grant application following the close of the LOI period, which ends March 1. Port Houston is dedicated to supporting and helping impr

MBLY CLASS ACTION NOTICE: Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit Against Mobileye Global Inc.

Tue, 01/16/2024 - 20:55
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), announces that it has filed a class action lawsuit in the United States District Court for the Southern District of New York, captioned McAuliffe v. Mobileye Global Inc., et al., Case No. 1:24-cv-00310, on behalf of persons and entities that purchased or otherwise acquired Mobileye Global Inc. (“Mobileye” or the “Company”) (NASDAQ: MBLY) securities between January 26, 2023 and January 3, 2024, inclusive (the “Class Period”).

Avolon Announces Pricing of US$1.15 Billion Senior Unsecured Notes Offering

Tue, 01/16/2024 - 20:55
DUBLIN--(BUSINESS WIRE)--Avolon Holdings Limited (“Avolon”), a leading global aviation finance company, announces the pricing of a private offering (the “Offering”) by its wholly owned subsidiary, Avolon Holdings Funding Limited, for a principal aggregate amount of US$1.15 billion of 5.75% senior unsecured notes due 2029 (the “Notes”). The Notes will be fully and unconditionally guaranteed by Avolon, and by certain of its subsidiaries. The Offering is expected to close on or about 25 January 20

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Mobileye Global Inc. (MBLY) Investors

Tue, 01/16/2024 - 20:55
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Mobileye Global Inc. (“Mobileye” or the “Company”) (NASDAQ: MBLY) securities between January 26, 2023 and January 3, 2024, inclusive (the “Class Period”). Mobileye investors have until March 18, 2024 to file a lead plaintiff motion. Investors suffering losses on their Mobileye investments are encouraged to contact the Law Offices of Howard G. S

KBRA Assigns Preliminary Ratings to Oxford Finance Credit Fund III 2024-A LP

Tue, 01/16/2024 - 20:55
NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA assigns preliminary ratings to three classes of notes issued by Oxford Finance Credit Fund III 2024-A LP (the Issuer or Oxford 2024-A). Oxford 2024-A is primarily secured by a pool of senior secured loans co-originated by Oxford Finance Credit Fund III LP (the Fund) alongside Oxford Finance LLC (Oxford or an Originator, and together with the Fund, the Originators), or originated by Oxford and acquired by the Fund from Oxford, to companies operating in the healthc

Sixth Street Expands Real Estate Platform, Adding Marcos Alvarado as Partner

Tue, 01/16/2024 - 17:55
SAN FRANCISCO--(BUSINESS WIRE)--Sixth Street, a leading global investment firm with over $75 billion in assets under management, today announced the expansion of its Sixth Street Real Estate platform with the addition of Marcos Alvarado as a Partner of the firm and Head of U.S. Real Estate. He will assume his new role on February 1st. Sixth Street Real Estate is a global investment platform focused on acquiring properties and providing financing solutions across the full range of real estate se

JPMorgan Chase Elects Mark Weinberger to its Board of Directors

Tue, 01/16/2024 - 17:55
NEW YORK--(BUSINESS WIRE)--JPMorgan Chase (NYSE: JPM) announced today that Mark Weinberger, 62, has been elected to its Board of Directors, effective immediately. He will also serve as a member of the Board’s Audit Committee. Mr. Weinberger was Global Chairman and Chief Executive Officer of Ernst & Young (EY) from 2013 to 2019. During his tenure, he led the global professional services organization through a purpose-driven transformation across more than 150 countries to deliver on EY’s mis

Acrisure Announces Pricing of Notes Offering

Tue, 01/16/2024 - 17:55
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Acrisure, LLC (the “Company”) and Acrisure Finance, Inc. (together with the Company, the “Issuers”) announced today the pricing of $925,000,000 aggregate principal amount of 8.25% senior notes due 2029 (the “notes”). The Issuers intend to use the net proceeds from the notes offering to fund the redemption of all of its outstanding 7.000% senior notes due 2025, including the payment of premiums and accrued interest to the redemption date. The Issuers expect

Ares Capital Corporation Prices Public Offering of $1.00 Billion 5.875% Unsecured Notes Due 2029

Tue, 01/16/2024 - 17:55
NEW YORK--(BUSINESS WIRE)--Ares Capital Corporation (Nasdaq: ARCC) announced that it has priced an underwritten public offering of $1.00 billion in aggregate principal amount of 5.875% notes due 2029. The notes will mature on March 1, 2029, and may be redeemed in whole or in part at Ares Capital’s option at any time at par plus a “make-whole” premium, if applicable. BofA Securities, Inc., J.P. Morgan Securities LLC, SMBC Nikko Securities America, Inc., Wells Fargo Securities, LLC, Mizuho Securi

WaFd Announces Quarterly Earnings Per Share of $0.85

Tue, 01/16/2024 - 17:55
SEATTLE--(BUSINESS WIRE)---- $wafd #earnings--WaFd, Inc. (Nasdaq: WAFD) (the "Company"), parent company of Washington Federal Bank ("WaFd Bank" or the "Bank"), today announced quarterly earnings of $58,453,000 for the quarter ended December 31, 2023, an increase of 16% from net earnings of $50,208,000 for the quarter ended September 30, 2023 and a decrease of 26% from net earnings of $79,509,000 for the quarter ended December 31, 2022. After the effect of dividends on preferred stock, net income available for comm

First Bancshares, Inc. Announces Securities Portfolio Repositioning and 2023 Fourth Quarter Earnings Call Information

Tue, 01/16/2024 - 17:55
HATTIESBURG, Miss.--(BUSINESS WIRE)--First Bancshares, Inc. (NASDAQ: FBMS) (the “Company”), holding company of The First Bank (“The First”), has announced the repositioning of a portion of its securities portfolio and information regarding its 2023 Fourth Quarter earnings call. Securities Portfolio Repositioning In December 2023, The First sold $123 million in available-for-sale securities with a weighted average book yield of 1.12% and average remaining life of 3 years. The First recognized a

Fulton Financial Corporation Announces Fourth Quarter and Full-Year 2023 Results

Tue, 01/16/2024 - 17:55
LANCASTER, Pa.--(BUSINESS WIRE)--Fulton Financial Corporation (NASDAQ: FULT) (“Fulton” or the “Corporation”) reported net income available to common shareholders of $61.7 million, or $0.37 per diluted share, for the fourth quarter of 2023, a decrease of $7.8 million, or 11.3%, in comparison to the third quarter of 2023. Operating net income available to common shareholders for the three months ended December 31, 2023 was $68.8 million, or $0.42 per diluted share(1). For the year ended December

PNFP Reports 4Q23 Diluted EPS of $1.19, Diluted EPS of $1.68 Excluding FDIC Special Assessment and BOLI Restructuring Charges

Tue, 01/16/2024 - 17:55
NASHVILLE, Tenn.--(BUSINESS WIRE)--Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) reported net income per diluted common share of $1.19 for the quarter ended Dec. 31, 2023, compared to net income per diluted common share of $1.76 for the quarter ended Dec. 31, 2022, a decrease of 32.4 percent. Net income per diluted common share was $7.14 for the year ended Dec. 31, 2023, compared to $7.17 for the year ended Dec. 31, 2022, a decrease of 0.4 percent. After considering the adjustments noted

American Financial Group, Inc. Announces Its Conference Call and Webcast to Discuss 2023 Fourth Quarter and Full Year Results

Tue, 01/16/2024 - 17:55
CINCINNATI--(BUSINESS WIRE)--American Financial Group, Inc. (NYSE: AFG) expects to release its 2023 fourth quarter and full year results after 5:00 p.m. (ET) on Tuesday, February 6, 2024. The release will be available shortly thereafter on AFG’s website at www.AFGinc.com. In conjunction with its release, AFG will hold a conference call to discuss 2023 fourth quarter and full year results at 11:30 a.m. (ET) on Wednesday, February 7, 2024. There are two ways to access the call. By Telephone Parti

Office Properties Income Trust Announces 2023 Dividend Allocations

Tue, 01/16/2024 - 17:55
NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced that the characterization of dividends for 2023 income tax reporting purposes is as follows: Common Shares         Dividend Allocation Per Share Section Total Unrecaptured Declaration Record Paid/Payable Dividends Ordinary 199A Qualified Capital Section 1250 Return of Dates Dates Dates Per Share Income Dividend(1) Dividend(2) Gain Gain(3) Capital 01/12/23 01/23/23 02/16/23 $0.55   $0.0000   $0.0000   $0

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