Feed aggregator

Redfin Reports U.S. Asking Rents Flatten After Pandemic Rollercoaster Ride

Lastest from Businesswire - Fri, 02/09/2024 - 09:05
SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) —The median U.S. asking rent rose 1.1% year over year to $1,964 in January, the largest annual increase since March 2023, and was unchanged from a month earlier, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. While rents ticked up from a year earlier, the bigger picture is that rent growth is leveling off after surging during the pandemic and then rapidly slowing from mid-2022 to mid-2023. Year-over-year

Helix Acquisition Corp. II Announces Pricing of Upsized $160 Million Initial Public Offering

Lastest from Businesswire - Fri, 02/09/2024 - 09:05
BOSTON--(BUSINESS WIRE)--Helix Acquisition Corp. II (the “Company”) announced today that it priced its upsized initial public offering of 16,000,000 Class A ordinary shares at $10.00 per share. The shares will be listed on The Nasdaq Global Market and trade under the ticker symbol “HLXB” beginning today. The Company expects the offering to be consummated on February 13, 2024. The Company is a special purpose acquisition company formed for the purpose of effecting a merger, share exchange, asset

Soho House & Co Inc. Announcement

Lastest from Businesswire - Fri, 02/09/2024 - 09:05
LONDON--(BUSINESS WIRE)--Soho House & Co Inc. (NYSE: SHCO) (“Company”) today issued the following announcement. Soho House & Co Inc. fundamentally rejects the recent report published by GlassHouse Research, which contains factual inaccuracies, analytical errors, and false and misleading statements, all designed to adversely impact the Company’s stock price for the benefit of the short-seller. The Company was not contacted for any comment or clarifications prior to the report being relea

Mr. Cooper Group Reports Fourth Quarter 2023 Results

Lastest from Businesswire - Fri, 02/09/2024 - 09:05
DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) (the “Company”), reported fourth quarter income before income tax expense of $69 and net income of $46 million. Excluding other mark-to-market and other adjustments, the Company reported pretax operating income of $151 million. Adjustments included other mark-to-market net of hedges of $41 million, $27 million related to the previously disclosed cyber event, and other items shown below in the reconciliation of GAAP and non-GAAP resul

United Natural Foods Successfully Concludes First Full-Assortment Selling Show in San Diego

Lastest from Businesswire - Fri, 02/09/2024 - 09:05
PROVIDENCE, R.I.--(BUSINESS WIRE)--United Natural Foods, Inc. (NYSE: UNFI) (the “Company” or “UNFI”) concluded its first comprehensive product and solution regional selling show, reinforcing the Company’s customer and supplier-focused strategy. The show featured the Company’s complete range of natural, conventional, fresh, and organic products and total store solutions, all focused on supporting UNFI’s western region customers. The two-day event brought together more than 5,500 attendees, repre

Margins, Original Issue Discounts Tighten, Leverage Fell in Q4 European Direct Lending Market

Lastest from Businesswire - Fri, 02/09/2024 - 09:05
LONDON--(BUSINESS WIRE)-- #KBRA--KBRA DLD, a division of KBRA Analytics, recently released its inaugural European Private Data Insights and Outlook report on the direct lending market. The new quarterly analysis offers an unprecedented level of transparency on private credit terms in Europe including spreads, yields, fees, leverage, purchase price multiples, loan-to-value averages, call premiums, and more. The report takes a deep-dive look at fourth-quarter 2023, as well as provides an overview of full

Luxury Card Sponsors the Eddie Big Wave Invitational

Lastest from Businesswire - Fri, 02/09/2024 - 06:05
JACKSON, Wyo.--(BUSINESS WIRE)--LUXURY CARD® announced its key sponsorship of the 2024 Eddie Aikau Big Wave Invitational. The Eddie is the premier event in the sport of surfing—the “Super Bowl of Surfing”—which honors the late Eddie Aikau, a famed Hawaiian lifeguard and surfer who was lost at sea while attempting to rescue the crew of a Polynesian voyaging canoe. The 39th annual Eddie Big Wave Invitational will take place at Waimea Bay on the North Shore of Oahu and will bring together the worl

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Banco Santander, S.A. (SAN) on Behalf of Investors

Lastest from Businesswire - Thu, 02/08/2024 - 21:05
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Banco Santander, S.A. (“Santander” or the “Company”) (NYSE: SAN) investors concerning the Company’s possible violations of federal securities laws. On February 4, 2024, the Financial Times published an article alleging, among other things, that Iran used Santander to “covertly move money around the world as part of a vast sanctions-evasion scheme backed by Tehran’s intelligence services.” On t

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of LuxUrban Hotels Inc. (LUXH) on Behalf of Investors

Lastest from Businesswire - Thu, 02/08/2024 - 21:05
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of LuxUrban Hotels Inc. (“LuxUrban” or the “Company”) (NASDAQ: LUXH) investors concerning the Company’s possible violations of federal securities laws. On January 17, 2024, Bleeker Street published a report alleging, among other things, that LuxUrban had not signed the lease for the Royalton Hotel in New York, as it had claimed. The report also alleged that there have been several lawsuits accusi

Baron & Budd: Court Approves Massive $1.1 Billion Settlement With DuPont to Resolve “Forever Chemicals” Contamination Suits

Lastest from Businesswire - Thu, 02/08/2024 - 21:05
DALLAS--(BUSINESS WIRE)--Baron & Budd is proud to announce that today the federal court overseeing litigation against the manufacturers of per- and polyfluoroalkyl substances (PFAS) approved a settlement requiring DuPont to pay $1.185 billion to public water systems across the United States that detect PFAS chemicals in their drinking water supplies. Baron & Budd represents dozens of public water systems in litigation consolidated before Judge Richard Gergel in the United States Distric

Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of Hut 8 Corp. (HUT) Investors

Lastest from Businesswire - Thu, 02/08/2024 - 21:05
NEW YORK--(BUSINESS WIRE)---- $HUT #ClassActionLawsuit--The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the Southern District of New York on behalf of those who acquired Hut 8 Corp. (“Hut 8” or the “Company”) (NASDAQ: HUT) securities during the period of November 9, 2023 to January 18, 2024 inclusive (“the Class Period”). Investors have until April 8, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit. [Click here to learn more

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of iRhythm Technologies, Inc. (IRTC) on Behalf of Investors

Lastest from Businesswire - Thu, 02/08/2024 - 18:05
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of iRhythm Technologies, Inc. (“iRhythm” or the “Company”) (NASDAQ: IRTC) investors concerning the Company’s possible violations of federal securities laws. On November 1, 2022, iRhythm released its revised fourth quarter and full year 2022 financial guidance, issuing an “Advisory Notice” to customers of its real-time heart monitor, Zio AT, and lowered its Zio AT forecast for the quarter from 40%

AM Best Removes From Under Review With Negative Implications and Affirms Credit Ratings of GuideOne Insurance Companies’ Members

Lastest from Businesswire - Thu, 02/08/2024 - 18:05
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” (Excellent) of GuideOne Insurance Company and its wholly owned subsidiaries, collectively referred to as GuideOne Insurance Companies (GuideOne). The outlook assigned to these Credit Ratings (ratings) is negative. All companies are domiciled in West Des Moines, IA. See b

BGSF, Inc. Announces 37th Consecutive Quarterly Dividend

Lastest from Businesswire - Thu, 02/08/2024 - 18:05
PLANO, Texas--(BUSINESS WIRE)--BGSF, Inc. (NYSE: BGSF), a leading national provider of workforce solutions, today announced that its Board of Directors has declared a quarterly cash dividend of $0.15 per share of common stock. The dividend is payable on February 27, 2024, to all shareholders of record as of the close of business on February 20, 2024. This marks the 37th consecutive quarterly dividend and based on the yesterday's closing price of the Company’s common stock, the annualized yield

Kirby McInerney LLP Announces Investigation of Shareholder Claims Against WNS (Holdings) Limited (WNS)

Lastest from Businesswire - Thu, 02/08/2024 - 18:05
NEW YORK--(BUSINESS WIRE)---- $WNS #ClassActionLawsuit--The law firm of Kirby McInerney LLP is investigating potential claims against WNS (Holdings) Limited (“WNS” or the “Company”) (NYSE: WNS). The investigation concerns whether WNS and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices. [Click here to learn more about the investigation] On February 2, 2024, WNS disclosed that “one of [WNS’s] top five customers by revenue contribution in fiscal 2024 . .

e.l.f. Beauty to Present at 2024 Consumer Analyst Group of New York (CAGNY) Conference

Lastest from Businesswire - Thu, 02/08/2024 - 18:05
OAKLAND, Calif.--(BUSINESS WIRE)--e.l.f. Beauty (NYSE: ELF) today announced Chairman and Chief Executive Officer, Tarang Amin, and Senior Vice President and Chief Financial Officer, Mandy Fields will be presenting at the Consumer Analyst Group of New York's (CAGNY) annual conference in Boca Raton, Fla., on Friday, February 23, 2024 at 11:00 a.m. ET. The webcast will be broadcasted live at https://investor.elfbeauty.com/news-and-events/events-and-presentations. For those unable to listen to the

AM Best Places Credit Ratings of SILAC Insurance Company Under Review With Negative Implications

Lastest from Businesswire - Thu, 02/08/2024 - 18:05
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has placed under review with negative implications the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of SILAC Insurance Company (SILAC) (Salt Lake City, UT). The Credit Ratings (ratings) of SILAC have been placed under review with negative implications primarily due to a decline in the quality of one of its reinsurance counterparties and the quality of investments that it holds as collateral. As a result of

Four Hicks Thomas Partners Named to Lawdragon List of Nation’s Top Environmental Lawyers

Lastest from Businesswire - Thu, 02/08/2024 - 18:05
HOUSTON--(BUSINESS WIRE)--Four Hicks Thomas LLP partners have been named to the 2024 Lawdragon Green 500: Leaders in Environmental Law, a list of the top environmental lawyers in the country. John B. Thomas, John Deis, Courtney E. Ervin and Eric Grant were recognized for their work in environmental litigation. “Our environmental work is a big and important part of what we do here,” said Mr. Thomas. “It is incredibly complex and requires a great deal of knowledge, expertise and experience. To be

First BanCorp. Increases Quarterly Cash Dividend on Common Stock to $0.16

Lastest from Businesswire - Thu, 02/08/2024 - 18:05
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp. (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that its Board of Directors has declared a quarterly cash dividend of $0.16 per share, which represents an increase of 14% or $0.02 per common share compared to its most recent dividend paid in December 2023. The dividend is payable on March 8, 2024 to shareholders of record at the close of business on February 23, 2024. “We are pleased to a

Bridge Investment Group Announces Launch of BIG Insights Educational Platform

Lastest from Businesswire - Thu, 02/08/2024 - 18:05
SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge”) announced today the launch of “BIG Insights,” a new educational platform that simplifies and explains alternative asset investments. “We recognize the complexity inherent in alternative assets and wanted to make the expertise of our specialized vertical teams available to all investors, both institutional and retail,” explained Robert Morse, Executive Chairman. “We are proud to be a thought leader wit

Pages