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Five UBS advisors in the South Atlantic Wealth Management Market named to the 2025 Forbes Top Women Wealth Advisors Best-in-State List

Lastest from Businesswire - Fri, 03/07/2025 - 09:55
WASHINGTON--(BUSINESS WIRE)--UBS today announced that five advisors in the firm’s South Atlantic Wealth Management Market have been named to the 2025 Forbes Top Women Wealth Advisors Best-in-State list. The South Atlantic Wealth Management Market is led by Market Executive Jake Shine and is part of the firm’s Southeast Region, which is led by Regional Director Julie Fox. “It is incredibly gratifying to see our advisors acknowledged nationally. These advisors are some of the best in the business

11 UBS Advisors in the Mid-Atlantic Market Named to the 2025 Forbes Top Women Wealth Advisors Best-in-State List

Lastest from Businesswire - Fri, 03/07/2025 - 09:55
PHILADELPHIA--(BUSINESS WIRE)--UBS today announced that 11 advisors in the firm’s Mid-Atlantic Wealth Management Market have been named to the 2025 Forbes Top Women Wealth Advisors Best-in-State list. The Mid-Atlantic Wealth Management Market is led by Market Executive Brendan Graham and is part of the firm’s Southeast Region, which is led by Regional Director Julie Fox. “We are extremely proud to see so many of our advisors recognized nationally for their hard work and dedication to serving cl

Amplitude to Host 2025 Investor Day

Lastest from Businesswire - Fri, 03/07/2025 - 09:55
SAN FRANCISCO--(BUSINESS WIRE)--Amplitude (Nasdaq: AMPL), the leading digital analytics platform, will host its previously announced investor day on Monday, March 10, 2025 beginning at 2:30 PM ET. This event will feature presentations by the Amplitude executive team who will provide updates on the company’s strategy, product roadmap, go-to-market, and financials. The webcast will be available on the Investor Relations section of Amplitude’s website at investors.amplitude.com. After the conclusi

Redfin Reports New Apartments Are Filling Up at Nearly the Slowest Pace on Record, But That May Change as Builders Pull Back

Lastest from Businesswire - Fri, 03/07/2025 - 09:55
SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) — Less than half (47%) of newly built apartments completed in the third quarter of 2024 were rented within three months, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That’s tied with the fourth quarter of 2023 for the lowest share on record aside from the start of the pandemic. This is according to a Redfin analysis of the U.S. Census Bureau’s seasonally adjusted absorption rate data for unfurnished, u

Spring EQ Announces Leadership Transition

Lastest from Businesswire - Fri, 03/07/2025 - 09:55
PHILADELPHIA--(BUSINESS WIRE)--Spring EQ, a leading provider of home equity financing solutions, today announced that Founder and CEO Jerry Schiano will transition into the role of Executive Vice Chairman. Joe Steffa, Spring EQ Executive Chairman, will succeed Mr. Schiano as CEO and lead the Company into its next phase of growth. “Spring EQ was founded on the mission to redefine the home equity financing process by providing American homeowners with simple, tailored, and transparent solutions t

Better Home & Finance Holding Company to Announce 2024 Fourth Quarter and Full Year Results

Lastest from Businesswire - Fri, 03/07/2025 - 09:55
NEW YORK--(BUSINESS WIRE)--Better Home & Finance Holding Company (NASDAQ: BETR; BETRW) (“Better” or the “Company”) intends to announce its 2024 fourth quarter and full year financial results after market close on Tuesday, March 18, 2025. A conference call and webcast to discuss those results will be held the following morning on Wednesday, March 19, 2025, at 8:30 a.m. ET. Details to register for the live webcast and to listen to the call by phone will be available on the Company’s investor

Franklin Templeton Announces 19(a) Notices for Closed-End Municipal Funds

Lastest from Businesswire - Fri, 03/07/2025 - 09:55
BOSTON--(BUSINESS WIRE)--The 19(a) monthly distribution notices for Putnam Managed Municipal Income Trust (NYSE: PMM) and Putnam Municipal Opportunities Trust (NYSE: PMO) are now available. These informational notices provide further details on the sources of the funds’ monthly distributions and follow the most recent distribution announcement. The table below provides an estimate of the sources of the Fund’s current distribution and its cumulative distributions paid this fiscal year-to-date. A

Ameris Bank Donates Nearly $1.7 Million to 17 Georgia Hospitals

Lastest from Businesswire - Fri, 03/07/2025 - 09:55
ATLANTA--(BUSINESS WIRE)--Ameris Bank is donating $1.694 million through the Georgia HEART Hospital Program to 17 rural hospitals across the state in 2025. This marks the eighth consecutive year that Ameris has participated in the state income tax credit program, contributing a total of $14.6 million. “Many hospitals depend on donations to augment their funding for facilities, training and daily operations,” said Ameris Bank CEO Palmer Proctor. “This program directly aligns with our purpose as

Creative Media & Community Trust Corporation Reports 2024 Fourth Quarter Results

Lastest from Businesswire - Fri, 03/07/2025 - 09:55
DALLAS--(BUSINESS WIRE)--CMCT releases results for fourth quarter 2024

OFS Credit Company Announces Financial Results for the First Fiscal Quarter 2025

Lastest from Businesswire - Fri, 03/07/2025 - 09:55
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 its financial results for the fiscal quarter ended January 31, 2025. FIRST QUARTER HIGHLIGHTS Net investment income (“NII”) of $5.2 million, or $0.23 per common share, for the fiscal quarter ended January 31, 2025. This compares to NII of $4.5 millio

Xevant Introduces the All-New Biosimilar Dashboard, A Real-Time Analytics Tool to Accelerate Biosimilar Adoption and Reduce Unnecessary Biologic Drug Spend

Lastest from Businesswire - Fri, 03/07/2025 - 09:55
LEHI, Utah--(BUSINESS WIRE)--Xevant, a leader in pharmacy benefits automation, today announces the launch of its all-new Biosimilar Dashboard, a real-time analytics tool designed to streamline biosimilar adoption and reduce unnecessary spending on biologic drugs. The Biosimilar Dashboard empowers health plans, employers, pharmacy benefit managers (PBMs), consultants, and benefits advisors by transforming fragmented prescription data into timely, actionable insights. This enhanced visibility ena

Franklin Templeton Announces Distribution Rates for Putnam Closed-End Funds

Lastest from Businesswire - Fri, 03/07/2025 - 09:55
BOSTON--(BUSINESS WIRE)--The Trustees of The Putnam Funds have declared the following distributions. FUND NAME AND DISTRIBUTIONS* EX DATE RECORD DATE PAYMENT DATE   Putnam Master Intermediate Income Trust (NYSE:PIM) (CUSIP: 746909-10-0) $0.0220 per share 3/17/25 3/17/25 3/31/25         Putnam Managed Municipal Income Trust (NYSE:PMM) (CUSIP: 746823-10-3) $0.0238 per share 3/17/25 3/17/25 3/31/25         Putnam Municipal Opportunities Trust (NYSE:PMO) (CUSIP: 746922-10-3) $0.0350 per share 3/17/

Redfin Report: U.S. Asking Rents Rose 0.4% in February—A Small Increase, But the First in 6 Months

Lastest from Businesswire - Fri, 03/07/2025 - 09:55
SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) — The median U.S. asking rent rose 0.4% year over year to $1,607 in February—the first increase in six months and the biggest in nine months. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. On a month-over-month basis, asking rents climbed 0.6%. Though asking rents inched up in February, they’ve been relatively flat for the past 10 months compared to the large swings of the past few years. Rents sk

Affinity Bancshares, Inc. Adopts Stock Repurchase Program

Lastest from Businesswire - Fri, 03/07/2025 - 09:55
COVINGTON, Ga.--(BUSINESS WIRE)--Affinity Bancshares, Inc. Adopts Stock Repurchase Program

Blackstone Announces $8 Billion Final Close for Latest Real Estate Debt Strategies Fund

Lastest from Businesswire - Fri, 03/07/2025 - 09:55
NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) today announced the final close of its most recent real estate debt fund, Blackstone Real Estate Debt Strategies V (“BREDS V”), which has approximately $8 billion of total capital commitments. Tim Johnson, Global Head of Blackstone Real Estate Debt Strategies, said, “We are extraordinarily appreciative of our investors for allocating this amount of capital during this period of market dislocation. We could not be more enthusiastic about the oppor

Ellington Financial Declares Common and Preferred Dividends

Lastest from Businesswire - Fri, 03/07/2025 - 09:55
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) ("we") today announced that its Board of Directors has declared the following: (i) a monthly dividend of $0.13 per share of common stock, payable on April 25, 2025 to common stockholders of record as of March 31, 2025; (ii) a quarterly dividend of $0.609031 per share on the Company's Series A Floating Rate Cumulative Redeemable Preferred Stock, payable on April 30, 2025 to Series A preferred stockholders of record as of

Ellington Credit Declares Monthly Common Dividend

Lastest from Businesswire - Fri, 03/07/2025 - 09:55
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) ("we") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on April 25, 2025 to shareholders of record as of March 31, 2025. Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking stat

Modiv Industrial Increases AFFO and Retires Preferred Shares

Lastest from Businesswire - Fri, 03/07/2025 - 09:55
DENVER--(BUSINESS WIRE)--Modiv Industrial, Inc. (“Modiv Industrial”, “Modiv”, the “Company”, “we” or “our”), (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate, today provided a financial update. Highlights: Retires 7.5% of Modiv’s Series A Preferred shares at a 6% discount to par value. The 150,000 preferred share acquisition at $23.50 per share, for a total of $3.525 million, represents a 7.85% annual yield and a 13.45% yield to call. Increa

Hercules Capital Receives Investment Grade Rating Upgrade to BBB (high) with Revised Outlook to Stable from Morningstar DBRS

Lastest from Businesswire - Fri, 03/07/2025 - 06:55
SAN MATEO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that Morningstar DBRS (“DBRS”) has upgraded Hercules’ investment grade credit and corporate rating to BBB (high) from BBB with a trend revision from Positive to Stable, as w

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