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AM Best Withdraws Credit Ratings of Casualty Underwriters Insurance Company

Lastest from Businesswire - Fri, 03/14/2025 - 16:59
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has downgraded the Financial Strength Rating to D (Poor) from C- (Weak) and the Long-Term Issuer Credit Rating to “c” (Poor) from “cc” (Very Weak) of Casualty Underwriters Insurance Company (CUIC) (Salt Lake City, UT). The outlook of these Credit Ratings (ratings) is negative. Concurrently, AM Best has withdrawn these ratings as CUIC has requested to no longer participate in AM Best’s interactive rating process. The ratings reflect CUIC’s balance sheet st

JPMorganChase Declares Preferred Stock Dividends

Lastest from Businesswire - Fri, 03/14/2025 - 16:59
NEW YORK--(BUSINESS WIRE)--JPMorgan Chase & Co. (NYSE: JPM) (“JPMorganChase” or the “Firm”) has declared dividends on the outstanding shares of the Firm’s Series CC preferred stock. Information can be found on the Firm’s Investor Relations website at https://www.jpmorganchase.com/ir/news. JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorganChase had $4.0 trillion in assets and $345 billi

Blackstone Mortgage Trust Declares $0.47 Per Share Dividend

Lastest from Businesswire - Fri, 03/14/2025 - 16:59
NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) declared a dividend of $0.47 per share of class A common stock with respect to the first quarter of 2025. This dividend is payable on April 15, 2025 to stockholders of record as of the close of business on March 31, 2025. About Blackstone Mortgage Trust Blackstone Mortgage Trust (NYSE: BXMT) is a real estate finance company that primarily originates senior loans collateralized by commercial real estate in North America, Eur

Morningstar, Inc. Declares Quarterly Dividend of 45.5 Cents Per Share

Lastest from Businesswire - Fri, 03/14/2025 - 16:59
CHICAGO--(BUSINESS WIRE)--The board of directors of Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today declared a quarterly dividend of 45.5 cents per share, consistent with the dividend paid in January. The dividend is payable April 30, 2025, to shareholders of record as of April 4, 2025. Please contact investors@morningstar.com with any questions. About Morningstar, Inc. Morningstar, Inc. is a leading provider of independent investment insights in N

TPG RE Finance Trust, Inc. Declares Cash Dividend on Common Stock

Lastest from Businesswire - Fri, 03/14/2025 - 16:59
NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. Declares Cash Dividend on Common Stock

RiverNorth/Oaktree High Income Fund Wins 2025 LSEG Lipper Fund Award

Lastest from Businesswire - Fri, 03/14/2025 - 16:59
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--RiverNorth Capital Management, LLC (“RiverNorth”), an investment manager and closed-end fund expert specializing in opportunistic strategies, announced that the RiverNorth/Oaktree High Income Fund (NASDAQ: RNHIX) (the “Fund”) won the 2025 LSEG Lipper Fund Award for Best General Bond Fund for the five-year period ended November 30, 2024. The LSEG Lipper Fund Awards honor funds that have excelled in providing consistently strong risk-adjusted performance re

OFS Credit Company Provides February 2025 Net Asset Value Update

Lastest from Businesswire - Fri, 03/14/2025 - 16:59
CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (Nasdaq: OCCI) (“OFS Credit”, the “Company”, “we”, “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced the following net asset value (“NAV”) estimate as of February 28, 2025. Management’s unaudited estimate of the range of our NAV per share of our common stock as of February 28, 2025 is between $6.75 and $6.85. This estimate is not a comprehensive sta

BNP Paribas Renews its Title Sponsorship of the BNP Paribas Open Tennis Tournament

Lastest from Businesswire - Fri, 03/14/2025 - 16:59
NEW YORK & INDIAN WELLS, Calif.--(BUSINESS WIRE)--BNP Paribas, Europe’s leading financial institution and a global sponsor of tennis, is pleased to announce the extension of its title sponsorship of the BNP Paribas Open with a five-year contract that runs through 2029. BNP Paribas began its title sponsorship of the tournament in 2009 and has become the longest running sponsor in the event’s history. Over the past 17 years, the tournament has seen record attendance, achieved equal prize money fo

Securities Fraud Investigation Into XP Inc. (XP) Announced – Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm

Lastest from Businesswire - Fri, 03/14/2025 - 16:59
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of XP Inc. (“XP” or the “Company”) (NASDAQ: XP) investors concerning the Company’s possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON XP INC. (XP), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. What Happened? On March 12, 2025, Grizzly Research publ

IBank Board Special Session Meeting Notice and Agenda

Lastest from Businesswire - Fri, 03/14/2025 - 16:59
SACRAMENTO, Calif.--(BUSINESS WIRE)--NOTICE IS HEREBY GIVEN THAT A SPECIAL MEETING OF THE IBANK BOARD IS BEING CALLED SUBJECT TO GOVERNMENT CODE SECTION 11125.4, SUBD. (a) Monday, March 17, 2025; 9:00 a.m. Bergeson Peace Board Room (In Person) 1325 J Street, Suite 1300 Sacramento, CA 95814 Public Participation Call-In Number (Teleconference): (888) 788-0099 Zoom Meeting ID: 825 5538 0274 OPEN SESSION 1. Call to Order and Roll Call. 2. Action Item: There will be a public comment period before Bo

AM Best Removes From Under Review With Negative Implications and Affirms Credit Ratings of Select PhenixFIN Corporation’s Insurance Subsidiaries; Maintains Under Review with Negative Implications Status for National Security Insurance Company

Lastest from Businesswire - Fri, 03/14/2025 - 16:59
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating (FSR) of B (Fair) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bb” (Fair) of National Security Fire and Casualty Company (NSFC). AM Best also has removed from under review with negative implications and affirmed the FSR of B- (Fair) and the Long-Term ICR of “bb-” (Fair) of Omega One Insurance Company, Inc. (Omega). The outlook assigned to thes

Two Baird Municipal Bond Funds Receive Lipper Award

Lastest from Businesswire - Fri, 03/14/2025 - 16:59
MILWAUKEE--(BUSINESS WIRE)--Baird Advisors’ commitment to delivering consistent competitive returns for clients has again been recognized by LSEG Lipper. This year, Baird Strategic Municipal Bond Fund (BSNIX) was recognized as the Best Fund Over 3- and 5-year periods among short-intermediate municipal debt funds and the Baird Municipal Bond Fund (BMQIX) was recognized as Best Fund Over 3- and 5-Years among the General & Insured Debt Funds, for the period ending November 30, 2024. For most r

True Path Capital Strategies, LLC Acquires Premier Wealth Strategies Branches

Lastest from Businesswire - Fri, 03/14/2025 - 13:59
WEST LINN, Ore.--(BUSINESS WIRE)--True Path Capital Strategies, LLC Acquires Premier Wealth Strategies Branches

RC Investors Have Opportunity to Lead Ready Capital Corporation Securities Fraud Lawsuit with the Schall Law Firm

Lastest from Businesswire - Fri, 03/14/2025 - 13:59
LOS ANGELES--(BUSINESS WIRE)--RC Investors Have Opportunity to Lead Ready Capital Corporation Securities Fraud Lawsuit with the Schall Law Firm

XP Inc. (XP) Investors Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation

Lastest from Businesswire - Fri, 03/14/2025 - 13:59
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of XP Inc. (“XP” or the “Company”) (NASDAQ: XP) investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN XP INC. (XP), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@howardsmithla

Deadline Approaching: e.l.f. Beauty, Inc. (ELF) Investors Who Lost Money Urged To Contact Law Offices of Howard G. Smith

Lastest from Businesswire - Fri, 03/14/2025 - 13:59
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the upcoming May 5, 2025 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased e.l.f. Beauty, Inc. (“Elf” or the “Company”) (NYSE: ELF) securities between November 1, 2023 and November 19, 2024, inclusive (the “Class Period”). IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN E.L.F. BEAUTY, INC. (ELF), CONTACT THE LAW OFFICES OF HOWARD G. SMITH TO PARTICIPATE IN THE ONGOING

Sargent Law Expands Litigation Team with Two New Attorneys

Lastest from Businesswire - Fri, 03/14/2025 - 13:59
DALLAS--(BUSINESS WIRE)--Boutique defense litigation firm Sargent Law, P.C., is pleased to announce the addition of senior attorney Matthew Harper and attorney Clinton Smith to the firm's award-winning legal team. “Matthew and Clinton each bring to the firm diverse experience and deep understanding across industries that we consider a real asset for our clients and their defense matters,” said firm founder David Sargent. “Their backgrounds in engineering and litigation add a unique depth to our

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Encourages Fluence Energy, Inc. (FLNC) Investors To Inquire About Securities Fraud Class Action

Lastest from Businesswire - Fri, 03/14/2025 - 13:59
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, announces that a securities fraud class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Fluence Energy, Inc. (“Fluence” or the “Company”) (NASDAQ: FLNC) common stock between November 29, 2023 to February 10, 2025, inclusive (the “Class Period”). Fluence investors have until May 12, 2025 to file a lead plaintiff motion. IF YOU SUFFERED A LOSS ON

FTAI Deadline: Rosen Law Firm Urges FTAI Aviation Ltd. (NASDAQ: FTAI) Stockholders to Contact the Firm for Information About Their Rights

Lastest from Businesswire - Fri, 03/14/2025 - 13:59
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, reminds investors that a shareholder filed a class action on behalf of all purchasers of securities of FTAI Aviation Ltd. (NASDAQ: FTAI) between July 23, 2024, and January 15, 2025. FTAI describes itself as a “leading integrated full-service provider of aftermarket power and maintenance for the most widely-used commercial jet engines.” For more information, submit a form, email attorney Phillip Kim, or give us a call

IIPR Deadline: Rosen Law Firm Urges Innovative Industrial Properties, Inc. (NYSE: IIPR) Stockholders to Contact the Firm for Information About Their Rights

Lastest from Businesswire - Fri, 03/14/2025 - 13:59
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, reminds investors that a shareholder filed a class action on behalf of purchasers of securities of Innovative Industrial Properties, Inc. (NYSE: IIPR) between February 27, 2024 and December 19, 2024. IIPR is a real estate investment trust (REIT). For more information, submit a form, email attorney Phillip Kim, or give us a call at 866-767-3653. The Allegations: Rosen Law Firm is Investigating the Allegations that Inno

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