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Citizens Financial Group Named Bank of the Year for 2022 by The Banker

Tue, 12/06/2022 - 17:02
PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) has been named Bank of the Year 2022 for the U.S. by The Banker, an outlet of The Financial Times, as part of the magazine’s annual global banking awards. In announcing the award, the magazine noted Citizens’ successful growth strategy since becoming an independent public company in 2014. This included the bank’s acquisitions of HSBC’s East Coast branches and of Investors Bancorp, which closed earlier this year, and i

Special Opportunities Fund Reaches Settlement With Delaware Enhanced Global Dividend and Income Fund

Tue, 12/06/2022 - 17:02
SADDLE BROOK, N.J.--(BUSINESS WIRE)--Special Opportunities Fund, Inc. (NYSE: SPE) today announced that it has entered into a standstill agreement with Delaware Enhanced Global Dividend and Income Fund (NYSE: DEX) in connection with the proposed reorganization of DEX into abrdn Global Dynamic Dividend Fund (NYSE: AGD). Among other things, the agreement provides for DEX to conduct a tender offer to purchase up to 30% of its issued and outstanding common shares contingent on shareholder approval o

Federman & Sherwood Investigates Norman Public Schools’ Massive Data Breach

Tue, 12/06/2022 - 17:02
OKLAHOMA CITY--(BUSINESS WIRE)-- #DataBreach--The law firm of Federman & Sherwood has launched an investigation into the data breach at the Norman Public Schools (“NPS”), located in Norman, Oklahoma. On November 4, 2022, NPS notified the public it experienced a massive ransomware data breach. The data breach lasted a total of 18 days. During this time unauthorized cybercriminals known as HIVE accessed highly sensitive personal information entrusted to NPS. The cybercriminals allegedly accessed sensitive

Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

Tue, 12/06/2022 - 17:02
NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Certain municipal Funds announced decreases to their monthly distributions. Generally, these distribution changes were made in order to better align the applicable Fund’s distribution rate with its current and projected level of earnings. Certain municipal and equity Funds declared special distributions in order to satisfy each Fund’s excise tax requirements. BlackRock En

BlackRock Multi-Sector Opportunities Trust II Announces Distribution

Tue, 12/06/2022 - 17:02
NEW YORK--(BUSINESS WIRE)--The Board of Trustees of BlackRock Multi-Sector Opportunities Trust II (the “Trust”) (CUSIP: 09258V101) announced today the Trust’s quarterly distribution, payable on December 30, 2022. Details are as follows: Ex-Date- 12/29/2022 Record Date- 12/28/2022 Payable Date- 12/30/2022 Trust Ticker Quarterly Per- Share Distribution Annualized Current Distribution Rate expressed as a percentage of net asset value (“NAV”)* BlackRock Multi-Sector Opportunities Trust II XMSAX $1.

Certain Morgan Stanley Closed-End Funds Declare Year-End Dividends

Tue, 12/06/2022 - 17:02
NEW YORK--(BUSINESS WIRE)--Each of the Morgan Stanley closed-end funds listed below (the “Funds”) today declared the following dividends. RECORD DATE PAYABLE DATE 12/16/22 1/13/23   Name of Closed-End Fund NYSE Ticker Net Investment Income Per Share Short-Term Capital Gains Per Share Long-Term Capital Gains Per Share Morgan Stanley Emerging Markets Debt Fund, Inc. MSD $0.12* (Quarterly) -- -- Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. EDD $0.07* (Quarterly) --  -- Morgan Stanley I

BlackRock Multi-Sector Opportunities Trust Announces Distribution

Tue, 12/06/2022 - 17:02
NEW YORK--(BUSINESS WIRE)--The Board of Trustees of BlackRock Multi-Sector Opportunities Trust (the “Trust”) (CUSIP: 09190C104) announced today the Trust’s quarterly distribution, payable on December 30, 2022. Regular Distribution: Ex-Date- 12/15/2022 Record Date- 12/16/2022 Payable Date- 12/30/2022 Trust Ticker Quarterly Per-Share Distribution Annualized Current Distribution Rate expressed as a percentage of net asset value (“NAV”)* BlackRock Multi-Sector Opportunities Trust XMSOX $1.521 8.9%

Morgan Stanley China A Share Fund, Inc. Declares a Dividend

Tue, 12/06/2022 - 17:02
NEW YORK--(BUSINESS WIRE)--The Morgan Stanley China A Share Fund, Inc. (the “Fund”) today declared the following dividend. RECORD DATE 12/16/22 PAYABLE DATE 12/28/22 Name of Closed-End Fund NYSE Ticker Net Investment Income Per Share Morgan Stanley China A Share Fund, Inc. CAF $0.002703 For more information call: 1-800-231-2608. The amount of net investment income to be paid by the Fund is determined in accordance with federal income tax regulations. It is possible that all or a portion of the

NYSE to Suspend Trading Immediately in Mechel PAO (MTL) and Commence Delisting Proceedings

Tue, 12/06/2022 - 17:02
NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the two securities enumerated below (“Securities”) of Mechel PAO (the “Company”) from the NYSE. Trading in the Company’s Securities has been halted since February 28, 2022 and will now be suspended immediately. Symbol Description MTL American Depositary Shares (each representing two Common Shares) MTL PR American Depos

Zuora Reports Third Quarter Fiscal 2023 Results

Tue, 12/06/2022 - 17:02
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Zuora, Inc. (NYSE: ZUO), a leading monetization platform provider for recurring revenue businesses, today announced financial results for its fiscal third quarter ended October 31, 2022. “We delivered third quarter results at the high end of guidance as companies across industries continue to lean into recurring revenue models. At the same time we’re making adjustments to our business to deliver meaningful profitability improvement in fiscal 2024,” said Ti

WD-40 Company Announces 2022 Annual Meeting of Stockholders

Tue, 12/06/2022 - 17:02
SAN DIEGO--(BUSINESS WIRE)--WD-40 Company (NASDAQ:WDFC), a global marketing organization dedicated to creating positive lasting memories by developing and selling products that solve problems in workshops, factories, and homes around the world, announced today that its annual meeting of stockholders will take place on Tuesday, December 13, 2022, at 10:00 a.m. PST. To expand access to all stockholders, this year’s annual meeting will be conducted virtually. There will be no physical location for

Mastercard Board of Directors Announces Quarterly Dividend and $9 Billion Share Repurchase Program

Tue, 12/06/2022 - 17:02
PURCHASE, N.Y.--(BUSINESS WIRE)--Mastercard today announced that its Board of Directors has declared a quarterly cash dividend of 57 cents per share.

Sprinklr Announces Third Quarter Fiscal 2023 Results

Tue, 12/06/2022 - 17:02
NEW YORK--(BUSINESS WIRE)---- $CXM #CXM--Sprinklr (NYSE: CXM), the unified customer experience management (Unified-CXM) platform for modern enterprises, today reported financial results for its third quarter ended October 31, 2022. “We are very pleased with Sprinklr’s third quarter performance and beat expectations across all key metrics. We remain focused on our fundamentals during this challenging environment and generated profitable revenue growth and continued operating margin improvement. But we're most

Jackson Releases Proprietary Research on Retirement Spending Attitudes of the “Golden Generation”

Tue, 12/06/2022 - 17:02
LANSING, Mich.--(BUSINESS WIRE)--Jackson National Life Insurance Company (Jackson®), the main operating subsidiary of Jackson Financial Inc. (NYSE: JXN), today announced the results of recent quantitative surveys1 that reveal insights into how people at or near retirement age are planning for their financial futures. The proprietary research surveyed investors ages 50-80 (the “Golden Generation”) who were either retired with, or planning to retire within 10 years and on target to have, $250,000

First Foundation Inc. Announces Senior Leadership Appointments

Tue, 12/06/2022 - 17:02
DALLAS--(BUSINESS WIRE)--First Foundation Inc. (NASDAQ: FFWM), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, today announced Christopher M. Naghibi, who has served as Executive Vice President, Chief Credit Officer of the Bank since October 2014, will serve as Executive Vice President, Chief Operating Officer of the Bank, effective immediately. Additionally, Hugo Nuño, who has served as Chief Risk Officer since 201

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against NewAge, Inc. and Encourages Investors with Losses to Contact the Firm

Tue, 12/06/2022 - 17:02
LOS ANGELES--(BUSINESS WIRE)---- $NBEVQ #NBEVQ--The Schall Law Firm Announces it is Investigating Claims Against NewAge, Inc. and Encourages Investors with Losses to Contact the Firm

Real-Time Business-to-Business Payments Will Fundamentally Alter the Banking Landscape: ISG

Tue, 12/06/2022 - 17:02
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #Banking--Platforms for enabling real-time, commercial-scale payments between enterprises will fundamentally alter banking and financial services, ISG says.

Shareholder Alert: Robbins LLP Informs Investors of Class Action Against Veru Inc. (VERU)

Tue, 12/06/2022 - 17:02
SAN DIEGO--(BUSINESS WIRE)---- $VERU #COVID19--Veru Inc. (VERU) Mislead Investors Regarding the Viability and Efficacy of its COVID-19 Treatment for Patients at Risk for ARDS

KBRA Releases Report Assigning K1+ Rating to Cobb County School District, GA’s Short-Term Construction Notes, Series 2023; Affirming K1+ Rating for Series 2022 Construction Notes and AAA Rating for Implied GO Credit

Tue, 12/06/2022 - 17:02
NEW YORK--(BUSINESS WIRE)-- #KBRA--On December 5, 2022, KBRA assigned a short-term rating of K1+ to Cobb County School District, Georgia’s Short-Term Construction Notes, Series 2023 (the "Notes"). The Notes are scheduled to mature on December 15, 2023. Proceeds will finance, on a temporary basis, the current costs of constructing, improving and equipping various school facilities approved by voters at referendum, and paying expenses related thereto. Additionally, KBRA affirmed the short-term rating of

D.A. Davidson Acts as Financial Advisor to SunFed Ranch on Its Merger with Teton Waters Ranch, Forming the Nation’s Largest Grass-Fed Beef Platform

Tue, 12/06/2022 - 17:02
IRVINE, Calif.--(BUSINESS WIRE)--D.A. Davidson & Co. announced today that it served as the exclusive financial advisor to SunFed Ranch on its merger with Teton Waters Ranch, a portfolio company of Sunrise Strategic Partners and Armonia, creating Grass Fed Foods, LLC (GFF). GFF immediately becomes the nation’s largest grass-fed beef platform and the foremost outlet for grass-fed beef products, bringing together SunFed Ranch, a Woodland, Calif.-based leader in prime cuts and grinds, and indus

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