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Valero Energy Corporation Announces Pricing of Notes Offering
SAN ANTONIO--(BUSINESS WIRE)--Valero Energy Corporation (NYSE: VLO, “Valero”) announced today that it has priced a public offering of $650,000,000 aggregate principal amount of 5.150% Senior Notes due 2030 (the “Notes”). The offering is expected to close on February 7, 2025, subject to customary closing conditions. Valero intends to use the net proceeds from the offering for general corporate purposes, including the repayment, repurchase, or redemption of its outstanding 3.650% Senior Notes due
Tracy Dufault of Walmart Named 2025 Presidential Leadership Scholar
BENTONVILLE, Ark.--(BUSINESS WIRE)--Tracy Dufault, Senior Vice President of Merchandising Operations, Walmart U.S., has been named one of 57 Scholars who will form the Presidential Leadership Scholars’ (PLS) 10th annual class. For the past decade, PLS has brought together more than 500 diverse, established leaders to collaborate and make a difference in the world as they learn about leadership through the lens of the presidential experiences of George W. Bush, William J. Clinton, George H.W. Bu
BankUnited Names New Executive Vice President to Lead Business Banking in Florida and Texas Markets
MIAMI LAKES, Fla.--(BUSINESS WIRE)-- #BusinessBanking--Lynetta Tipton Steed will lead business banking in Florida and Texas as executive vice president for Miami Lakes-based BankUnited.
DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of MGP Ingredients
NEW YORK--(BUSINESS WIRE)---- $MGPI #ClassAction--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against MGP Ingredients, Inc. (“MGPI” or the “Company”) (NASDAQ: MGPI) and reminds investors of the February 14, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The fi
AM Best Removes From Under Review With Various Implications for Members of Rural Mutual Insurance Group
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has removed under review with negative implications and affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa-” (Superior) of Rural Mutual Insurance Company (Rural) (Madison WI). Concurrently, AM Best has removed from under review with positive implications and upgraded the FSR to A+ (Superior) from C++ (Marginal) and the Long-Term ICR to “aa-” (Superior) from “b+” (Marginal) of Badger
State Street to Speak at the UBS Financial Services Conference
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) announced today that its Chairman & Chief Executive Officer, Ron O’Hanley, will present at the UBS Financial Services Conference in Miami, FL on Tuesday, February 11, 2025 at approximately 10:30 am ET. An audio webcast of the event will be accessible on the home page of State Street’s Investor Relations website, https://investors.statestreet.com/. A recorded replay will be available on the Investor Relations website later that da
Igneo Infrastructure Partners Selects Northern Trust as its Global Private Capital Administration Provider
CHICAGO & MELBOURNE, Australia--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) today announced it is providing asset servicing solutions to Igneo Infrastructure Partners (Igneo) as its global private capital administration partner. Operating since 1994, Igneo manages US$20 billion worth of assets (as of 30 September 2024) on behalf of more than 200 investors around the world. It is the direct infrastructure investment team of the First Sentier Investors Group. Igneo is a specialist global infra
American Financial Group, Inc. Announces Fourth Quarter and Full Year Results
CINCINNATI--(BUSINESS WIRE)--American Financial Group, Inc. (NYSE: AFG) today reported 2024 fourth quarter net earnings of $255 million ($3.03 per share) compared to $263 million ($3.13 per share) in the 2023 fourth quarter. Net earnings for the 2024 fourth quarter included net after-tax non-core realized losses of $7 million ($0.09 per share loss). By comparison, net earnings for the 2023 fourth quarter included net after-tax non-core realized gains of $25 million ($0.29 per share). Net earnin
Douglas Emmett Releases Fourth Quarter 2024 Earnings Results
SANTA MONICA, Calif.--(BUSINESS WIRE)--Douglas Emmett, Inc. (NYSE: DEI), a real estate investment trust (REIT), has released its Fourth Quarter 2024 Earnings Results and Operating Information package by posting it to the investor relations section of its website at www.douglasemmett.com/investors. As previously announced, Jordan Kaplan, CEO, Peter Seymour, CFO, Kevin Crummy, CIO, and Stuart McElhinney, Vice President Investor Relations, will host a live conference call to discuss Douglas Emmett
Willdan Expands Florida Presence with Acquisition of Alpha Inspections
ANAHEIM, Calif.--(BUSINESS WIRE)---- $WLDN--Willdan Group, Inc. (NASDAQ: WLDN) announced today that it has acquired Alpha Inspections Inc. (Alpha), a building and safety firm, in a stock purchase that closed on January 31. Alpha specializes in building administration, inspection, plan review, and building official services to jurisdictions in Florida. Alpha delivered approximately $5 million in revenue in 2024. The terms of the transaction were not disclosed. “We’re excited to expand our presence through
Blackstone Mortgage Trust Announces Tax Treatment of 2024 Dividends
NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today announced the tax treatment of its 2024 class A common stock dividends. The following table summarizes BXMT’s class A common stock dividend payments for the tax year ended December 31, 2024: Box 1a Box 1b Box 2a Box 3 Box 5 Distribution Capital Non- Section Record Payment Cash Allocable Ordinary Qualified Gain Dividend 199A Date Date Distribution to 2024 Dividends Dividends (1) Dividends Distribution Dividends (2) 12/
T-Mobile Agrees to Sell €2.75 Billion of Euro-Denominated Senior Notes
BELLEVUE, Wash.--(BUSINESS WIRE)--T-Mobile US, Inc. (NASDAQ: TMUS) (“T-Mobile”) announced today that T-Mobile USA, Inc., its direct wholly-owned subsidiary (“T-Mobile USA” or the “Issuer”), has agreed to sell €1,000,000,000 aggregate principal amount of its 3.150% Senior Notes due 2032 (the “2032 Notes”), €1,000,000,000 aggregate principal amount of its 3.500% Senior Notes due 2037 (the “2037 Notes”) and €750,000,000 aggregate principal amount of its 3.800% Senior Notes due 2045 (the “2045 Note
Franklin Resources, Inc. Announces Quarterly Dividend
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Resources, Inc. (the “Company”) [NYSE:BEN] announced a quarterly cash dividend in the amount of $0.32 per share payable on April 11, 2025 to stockholders of record holding shares of common stock at the close of business on March 31, 2025. The quarterly dividend of $0.32 per share is equivalent to the dividend paid for the prior quarter and represents a 3.2% increase over the quarterly dividend paid for the same quarter last year. About Franklin Templ
Golub Capital BDC, Inc. Announces Fiscal Year 2025 First Quarter Financial Results
NEW YORK--(BUSINESS WIRE)--Golub Capital BDC, Inc., a business development company (Nasdaq: GBDC), today announced its financial results for its first fiscal quarter ended December 31, 2024. Except where the context suggests otherwise, the terms “we,” “us,” “our,” and “Company” refer to Golub Capital BDC, Inc. and its consolidated subsidiaries. “GC Advisors” refers to GC Advisors LLC, our investment adviser. SELECTED FINANCIAL HIGHLIGHTS (in thousands, except per share data)
Prudential Financial, Inc. Announces 2024 Results
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) today reported year-end and fourth quarter 2024 results. Net income attributable to Prudential Financial, Inc. was $2.727 billion ($7.50 per Common share) for 2024, compared to $2.488 billion ($6.74 per Common share) for 2023. After-tax adjusted operating income was $4.588 billion ($12.62 per Common share) for 2024, compared to $4.380 billion ($11.88 per Common share) for 2023. Net loss attributable to Prudential Financial, I
BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Distribution
NEW YORK--(BUSINESS WIRE)--BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) today announced a distribution of $0.0300 per share of common stock, payable on March 3, 2025 to shareholders of record at the close of business on February 19, 2025. The ex-dividend date is February 19, 2025. The previous distribution announced in January was $0.0300 per share of common stock. The Fund intends to make regular monthly distributions to its common shareholders at a level rate based on its p
DISCO to Announce Fourth Quarter and Fiscal Year 2024 Financial Results On February 20, 2025
AUSTIN, Texas--(BUSINESS WIRE)--CS Disco, Inc. (“DISCO”) (NYSE: LAW), a leader in AI-enabled legal technology, today announced that it will report its financial results for the fourth quarter and fiscal year ended December 31, 2024 after market close on Thursday, February 20, 2025. The financial results and business highlights will be discussed on a conference call and webcast scheduled at 4:00 p.m. Central Time (5:00 p.m. Eastern Time) on Thursday, February 20, 2025. The conference call can be
Evans Bancorp Reports Net Income of $3.7 Million In Fourth Quarter 2024
WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)--Evans Bancorp, Inc. (NYSE American: EVBN) Reports Net Income of $3.7 Million In Fourth Quarter 2024
Q1 2025 Insurance Labor Market Study Results to be Highlighted in Webinar
CHICAGO--(BUSINESS WIRE)-- #HiringTrends--The results of the Q1 2025 U.S. Insurance Labor Market Study will be revealed in a webinar presentation at 1 p.m. CST on February 13, 2025.
Unum Group Reports Fourth Quarter 2024 Results
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group (NYSE: UNM) today reported net income of $348.7 million ($1.92 per diluted common share) for the fourth quarter of 2024, compared to net income of $330.6 million ($1.69 per diluted common share) for the fourth quarter of 2023. Included in net income for the fourth quarter of 2024 is the after-tax amortization of the cost of reinsurance of $8.1 million ($0.04 per diluted common share), the after-tax impact of non-contemporaneous reinsurance of $3.9