Lastest from Businesswire
Bank of Hawai‘i Corporation Announces Pricing of $165 Million Depositary Shares Offering
HONOLULU--(BUSINESS WIRE)--Bank of Hawai‘i Corporation (NYSE: BOH) today announced the pricing of a public offering of 6,600,000 depositary shares, each representing 1/40th ownership interest in a share of its 8.000% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B, for gross proceeds of $165 million. Each share of preferred stock has a liquidation preference of $1,000 per share, equivalent to $25 per depositary share. The offering is expected to close on June 21, 2024, subject to
Discover® Global Network and NETS Collaboration Expands Singapore Acceptance
RIVERWOODS, Ill. & SINGAPORE--(BUSINESS WIRE)--Network for Electronic Transfers (NETS) and Discover Global Network have launched their strategic agreement, signed in 2022, in an event with executives from both companies. The agreement will expand the global acceptance footprint for Discover Global Network cardholders within Singapore. Discover Global Network cards include Discover®, Diners Club International®, and Network Alliance cards. NETS is one of the key acquirers in Singapore with over 1
Panish | Shea | Ravipudi LLP Obtains $42.5 Million Settlement for Motorcyclist Catastrophically Injured in Collision With Caltrans Vehicle
LOS ANGELES--(BUSINESS WIRE)-- #california--Panish | Shea | Ravipudi LLP obtains $42.5 million settlement for motorcyclist who suffered catastrophic injuries in collision with Caltrans vehicle.
Equity Commonwealth Announces $150 Million Share Repurchase Authorization
CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) today announced that its Board of Trustees authorized the repurchase, from July 1, 2024 through June 30, 2025, of up to an additional $150 million of its outstanding common shares under the company’s existing share repurchase program. The company still has $93 million remaining under its prior authorization that expires on June 30, 2024. Year-to-date through June 18, 2024 the company has not repurchased any shares. Purchases made pursuan
AM Best Revises Issuer Credit Rating Outlook to Positive for The Hartford Financial Services Group, Inc. and Its Subsidiaries
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Ratings (Long-Term ICRs) and affirmed the Long-Term ICR of “a-” (Excellent) and the Long-Term Issue Credit Ratings (Long-Term IR) of The Hartford Financial Services Group, Inc. (The Hartford) (Delaware) [NYSE: HIG], which is the ultimate parent of the companies hereinafter mentioned. AM Best also has revised the outlooks to positive from stable for the Long-Term ICR and affirm
Granite Point Mortgage Trust Inc. Announces Second Quarter 2024 Common and Preferred Stock Dividends and Business Update
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Announces Second Quarter 2024 Common and Preferred Stock Dividends and Business Update
HomeStreet Announces Approval of Merger with FirstSun
SEATTLE--(BUSINESS WIRE)--HomeStreet, Inc. (“the Company”) (Nasdaq: HMST) today announced that the preliminary vote count indicates that its shareholders approved the Agreement and Plan of Merger dated as of January 16, 2024, by and between FirstSun Capital Bancorp, the Company and Dynamis Subsidiary, Inc., as amended on April 30, 2024. Final voting results of the shareholder meeting held on June 18, 2024 will be filed with the Company’s Form 8-K on Thursday June 20, 2024. “The strong vote in f
Aviation Capital Group Announces Delivery of One Boeing 737-8 MAX to WestJet
NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- #WestJet--Aviation Capital Group LLC (“ACG”), a premier global full-service aircraft asset manager, announced the delivery of one Boeing 737-8 MAX on long-term lease to WestJet, an Alberta Partnership (“WestJet”). “ACG is proud to expand its partnership with WestJet and to partake in its ambitious growth plans,” said Alan Mangels, Vice President of Marketing for ACG. “The addition of this latest technology aircraft will not only support WestJet’s growth objectives
Rithm Capital Corp. Declares Second Quarter 2024 Common and Preferred Dividends
NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) announced today that its Board of Directors (the “Board”) has declared second quarter 2024 common and preferred stock dividends. Common Stock Dividend The Board declared a dividend of $0.25 per share of common stock for the second quarter 2024. The second quarter common stock dividend is payable on July 26, 2024, to shareholders of record on July 1, 2024. Preferred Stock Dividends In accordance with the
Federman & Sherwood Investigates Association of Texas Professional Educators for Data Breach
OKLAHOMA CITY--(BUSINESS WIRE)-- #ATPE--Federman & Sherwood Investigates Association of Texas Professional Educators for Data Breach
American Express Plans Live Audio Webcast of Second Quarter 2024 Earnings Conference Call
NEW YORK--(BUSINESS WIRE)--American Express Company (NYSE: AXP) plans to host a live audio webcast of its earnings conference call at 8:30 a.m. (ET) on Friday, July 19, 2024, to discuss second-quarter 2024 financial results. The webcast will be accessible to the general public through the American Express Investor Relations website at https://ir.americanexpress.com/. The financial results and presentation materials are scheduled to be released and posted on the website at approximately 7 a.m. (
U.S. Bancorp announces quarterly dividends
MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp announces quarterly dividends
Paysign, Inc. to Participate in the 2024 iAccess Alpha Buyside Best Ideas Summer Conference
HENDERSON, Nev.--(BUSINESS WIRE)--Paysign, Inc. (NASDAQ: PAYS), a leading provider of prepaid card programs, comprehensive patient affordability offerings, digital banking services and integrated payment processing, today announced their participation in the iAccess Alpha Buyside Best Ideas Summer Conference, June 25-26, 2024. Jeff Baker, Paysign’s Chief Financial Officer, will deliver a presentation at 2:30 p.m. EDT on June 25, and is available to host one-on-one meetings the following day, Ju
Certain Morgan Stanley Closed-End Funds Declare Quarterly Dividends
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 6/28/24 7/15/24 Name of Closed-End Fund NYSE Ticker Net Investment Income Per Share Morgan Stanley Emerging Markets Debt Fund, Inc. MSD $0.22 Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. EDD $0.135 The amount of net investment income to be paid by the Funds is determined in accordance with federal income tax regulat
Federman & Sherwood Investigates Scout Energy Management, LLC for Data Breach
OKLAHOMA CITY--(BUSINESS WIRE)-- #FedermanSherwood--Federman & Sherwood Investigates Scout Energy Management, LLC for Data Breach
Federman & Sherwood Investigates Panera, LLC for Data Breach
OKLAHOMA CITY--(BUSINESS WIRE)-- #FedermanSherwood--Federman & Sherwood Investigates Panera, LLC for Data Breach
Federman & Sherwood Investigates South Texas Oncology and Hematology for Data Breach
OKLAHOMA CITY--(BUSINESS WIRE)-- #FedermanSherwood--Federman & Sherwood Investigates South Texas Oncology and Hematology for Data Breach
Mesa Royalty Trust Announces Trust Income for June 2024
HOUSTON--(BUSINESS WIRE)--Mesa Royalty Trust (the “Trust”) (NYSE: MTR) announced today the Trust income distribution for the month of June 2024. Unitholders of record on June 28, 2024 will receive distributions amounting to $0.038766492 per unit, payable on July 31, 2024. The Trust received $85,246, 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 June 2024 fr
Mastercard Announces Results of Annual Meeting of Stockholders
PURCHASE, N.Y.--(BUSINESS WIRE)--Mastercard Incorporated (NYSE:MA) announced the preliminary results of its annual meeting of stockholders, held today.
Morningstar, Inc. Declares Quarterly Dividend of 40.5 Cents Per Share
CHICAGO--(BUSINESS WIRE)--The board of directors of Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today declared a quarterly dividend of 40.5 cents per share, consistent with the dividend paid in April. The dividend is payable July 31, 2024, to shareholders of record as of July 12, 2024. Please contact investors@morningstar.com with any questions. About Morningstar, Inc. Morningstar, Inc. is a leading provider of independent investment insights in Nort