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Comstock and Berkadia Announce $77.5 million Loudoun Station Refinancing
RESTON, Va.--(BUSINESS WIRE)--Comstock Holding Companies, Inc. (Nasdaq: CHCI) (“Comstock” or the “Company”), a leading developer, investor, and asset manager of mixed-use and transit-oriented properties in the Washington, D.C. region, announced today that it has jointly structured a ten-year, 4.5% fixed-rate $77.5 million loan with Berkadia Commercial Mortgage, LLC (“Berkadia”) to refinance “Phase II” of its Loudoun Station development on behalf of Comstock Partners, LC, an affiliated, privatel
Earnin Strengthens Team with Heavy Hitting Legal Lineup
PALO ALTO, Calif.--(BUSINESS WIRE)--Earnin, the leader in building products for a more equitable financial system and a better life for those living paycheck to paycheck, today announced the appointment of David Durant and Simone dos Santos as General Counsel and Associate General Counsel, respectively. In his role, Durant will oversee all aspects of Earnin’s legal, regulatory, and government relations matters, with dos Santos serving as his chief deputy. Durant and dos Santos have extensive fi
Allstate Announces Preferred Stock Dividends
NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today declared approximately $26.3 million in aggregate dividends on three series of preferred stock for the dividend period from Oct. 15, 2022, through Jan. 14, 2023. All the preferred dividends are payable in cash on Jan. 17, 2023, to stockholders of record at the close of business on Dec. 30, 2022, as follows: Series Annual Dividend Rate Quarterly Amount Per Depositary Share Series G 5.625% $0.3515625 Series H 5.10
OAKTREE STRATEGIC INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Oaktree Strategic Income II, Inc. - OCSI
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Oaktree Strategic Income II, Inc. (the “Company”) (NasdaqGS: OCSI) with Oaktree Specialty Lending Corporation (NasdaqGS: OCSL), pursuant to which Oaktree Strategic shareholders will end up owning approximately 20.5% of the combined company (based on June 30, 2022 NAVs and excluding transaction costs and tax-
MAVERIX METALS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Maverix Metals Inc. - MMX
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Maverix Metals Inc. (NYSE: MMX) to Triple Flag Precious Metals Corp. (NYSE: TFPM). Under the terms of the proposed transaction, shareholders of Maverix may elect to receive either $3.92 in cash or 0.360 of a Triple Flag share for each share of Maverix that they own, subject to pro-ration. KSF is seeking to det
AM Best Upgrades Credit Ratings of Individual Assurance Company, Life, Health & Accident; Affirms Credit Ratings of LifeShield National Insurance Co.
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has upgraded the Financial Strength Rating (FSR) to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb” (Good) from “bbb-” (Good) of Individual Assurance Company, Life, Health & Accident (IAC). In addition, AM Best has affirmed the FSR of B++ (Good) and the Long-Term ICR of “bbb” (Good) of LifeShield National Insurance Co. (LifeShield National). Both companies are domiciled in Oklahoma City, OK. The outlook of the
Kemper Publishes 2022 ESG Report
CHICAGO--(BUSINESS WIRE)--Kemper Corporation (NYSE: KMPR) has published its annual Environmental, Social and Governance (ESG) report, which outlines the company’s 2022 strategic initiatives to operate responsibly, with a focus on improving our communities through a continued emphasis on sustainability and governance. This year’s report is expanded to include details on energy efficiency and waste reduction, insurance product features, climate risk management, human capital development, DE&I
KBRA Assigns Preliminary Ratings to Osprey Securitization I, LLC
NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA assigns preliminary ratings to two classes of notes issued by Osprey Securitization I, LLC. The Notes are secured by forward project revenues from a portfolio of commercial and industrial PV systems owned by two tax equity partnerships, each of which is a partnership between a managing member and tax equity investor. The Issuer owns the interests in the managing member. Together, the two tax equity partnerships, Eos Fund 2019, LLC (Eos) and Mohawk Solar Fund, LLC
OYSTER POINT INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Oyster Point Pharma, Inc. - OYST
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Oyster Point Pharma, Inc. (NasdaqGS: OYST) to Viatris Inc. (NasdaqGS: VTRS). Under the terms of the proposed transaction, shareholders of Oyster Point will receive $11.00 in cash plus a contingent value right for a potential cash payment of up to $2.00 per share, for each share of Oyster Point that they own. K
Cintas Corporation Announces Webcast for Second Quarter Fiscal Year 2023 Results
CINCINNATI--(BUSINESS WIRE)--Cintas Corporation (Nasdaq: CTAS) today announced that it will release fiscal year 2023 second quarter results on Wednesday, December 21, 2022. The Company will conduct a conference call to address the financial results. A live webcast of the call will be available to individual investors and the public beginning at 10:00 a.m., Eastern Time, on Wednesday, December 21, 2022. The webcast will be available at www.Cintas.com. Click on the webcast icon and then follow in
CallMiner Selects DecisionLink to Scale Conversations Around Business Outcomes Pre- and Post-Sale
ATLANTA--(BUSINESS WIRE)-- #CustomerValueManagement--DecisionLink announced today that CallMiner has selected DecisionLink to scale conversations around business outcomes across its organization.
DeWayne Anderson Joins Newfront as DE&I Program Manager
SAN FRANCISCO--(BUSINESS WIRE)--Newfront, the modern insurance brokerage platform, today announced DeWayne Anderson, M.Ed, as its Diversity, Equity & Inclusion (DE&I) Program Manager. Anderson is the company's first DE&I program manager, solidifying its ongoing commitment to creating and retaining an inclusive environment for all prospective and current employees. As DE&I Program Manager, Anderson will lead Newfront’s diversity, equity and inclusion council and support the compa
Greenhouse Scholars Launches Operations in New York
NEW YORK--(BUSINESS WIRE)--Greenhouse Scholars, a nonprofit organization cultivating diverse leaders, announced that it has launched operations in New York.
400 Capital Management Closes Third Private Credit Fund “Asset Based Term Fund III” With $580 Million of Committed Capital
NEW YORK--(BUSINESS WIRE)--400 Capital Management, an alternative credit asset manager specializing in structured credit with over $5.7 billion of capital under management, announced the final close of its Asset Based Term Fund III (“ABTF III”). The fund, launched in July 2021, drew $580 million of committed capital from institutional investors attracted to the firm’s demonstrated expertise in maximizing value through innovative asset-based private debt strategies, in particular as broad market
Tortoise Properties and PEBB Enterprises Execute New Lease With ADT to Keep Corporate Headquarters in Boca Raton
WEST PALM BEACH, Fla. & BOCA RATON, Fla.--(BUSINESS WIRE)--Tortoise Properties, LLC /PEBB Enterprises report lease renewal of ADT corporate headquarters and availability of 70,000 sq. ft. of leasable space.
Ad.net Acquires IntentX, a Leading Commerce Platform for Publishers
LOS ANGELES--(BUSINESS WIRE)-- #acquisition--Ad.net, a leading provider of digital performance advertising through intent-driven marketing for leading brands and agencies, announced today its purchase of IntentX, the leading commerce platform for publishers at scale to increase their revenue. IntentX was founded in 2019 by Mom Chan and Vamsi Putrevu as a solution for all publishers to create incremental revenue. IntentX publishing partners include Accuweather, DailyMail, Fandom, and PCWorld. The acquisition r
INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of The Gap, Inc. (GPS) Investors
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased The Gap, Inc. (“Gap” or the “Company”) (NYSE: GPS) securities between November 24, 2021 and July 11, 2022, inclusive (the “Class Period”). Gap investors have until February 3, 2023 to file a lead plaintiff motion. Investors suffering losses on their Gap investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their le
Picsart Launches Shopify App, Bringing its World-Class Design Tools to Millions of Merchants
MIAMI--(BUSINESS WIRE)--Picsart, the world’s leading digital creation platform, today announced an integration with Shopify, introducing its leading creative capabilities to the e-commerce platform. Now available in the Shopify App Store, the Picsart AI Photo Editor app includes tools to easily edit and manage assets, underscoring the company’s commitment to give everyday creators, including retailers and small businesses, accessible and professional tools. “The Picsart app for Shopify is a dra
Barclays Appoints Jim Rossman as Global Head of Shareholder Advisory
NEW YORK--(BUSINESS WIRE)--Barclays announces the appointment of Jim Rossman as Global Head of Shareholder Advisory. Mr. Rossman will be based in New York and report to Gary Posternack and Ihsan Essaid, Global Co-Heads of M&A at Barclays. Mr. Rossman joins Barclays from Lazard, where he was global head of the Shareholder Advisory group, which he founded in 2013, and also served as the head of the renewable energy team in the Power, Energy & Infrastructure group. Prior to joining Lazard,
Bronstein, Gewirtz & Grossman, LLC Notifies Generac Holdings Inc. (GNRC) Investors of Class Action and to Actively Participate
NEW YORK--(BUSINESS WIRE)--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Generac Holdings Inc. ("Generac" or "the Company") (NYSE: GNRC) and certain of its officers, on behalf of all persons and entities that purchased, or otherwise acquired Generac common stock during the period from April 29, 2021, to November 1, 2022, inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting