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Franklin Resources, Inc. Announces Preliminary Month-End Assets Under Management
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Resources, Inc. (Franklin Templeton) (NYSE: BEN) today reported preliminary month-end assets under management (AUM) of $1.69 trillion at October 31, 2025, compared to $1.66 trillion at September 30, 2025. This month’s preliminary AUM reflected the impact of positive markets and the acquisition of Apera Asset Management1, partially offset by preliminary long-term net outflows of $2 billion, inclusive of $4 billion of long-term net outflows at Western
$22K Grant from FHLB Dallas and First National Bank Texas Helps Central Texas Veteran Repair Roof and Restore Safety
KILLEEN, Texas--(BUSINESS WIRE)--A Killeen, Texas, Army veteran and his family are now living in a safer, more secure home thanks to a $22,000 grant from the Federal Home Loan Bank of Dallas (FHLB Dallas) and First National Bank Texas (FNBT). The grant, awarded through the Housing Assistance for Veterans (HAVEN) program, funded critical repairs to the veteran’s roof and siding—restoring not just the structure, but the family’s sense of stability and peace of mind. Representatives from both bank
AM Best Removes From Under Review With Developing Implications and Affirms Credit Ratings of Prosperity Life Group Members and Its Subsidiaries, Including Affiliate Family Life Insurance Co.
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has removed from under review with developing 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 Shenandoah Life Insurance Company (Roanoke, VA), SBLI USA Life Insurance Company, Inc. (New York, NY), Prosperity Life Assurance Limited (Bermuda) and S.USA Life Insurance Company, Inc. (Phoenix, AZ), following their completed acquisition by JAB Holding
The Hackett Group, Inc. Commences $40 Million Dutch Auction Tender Offer
MIAMI--(BUSINESS WIRE)--THE HACKETT GROUP, INC. COMMENCES $40 MILLION DUTCH AUCTION TENDER OFFER
Metric Point Capital Advises TELEO Capital on Oversubscribed $350 Million Fund II
AUSTIN, Texas--(BUSINESS WIRE)-- #metricpoint--Metric Point Capital is pleased to announce the final close of TELEO Capital II at its hard cap of $350 million in Limited Partner commitments.
CBL Properties Reloads and Extends Its $25 Million Stock Repurchase Plan
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE:CBL) today announced that its Board of Directors authorized a new stock repurchase program for the Company to buy up to $25 million of its common stock. The new stock repurchase program replaces the existing program authorized on May 1, 2025. Under the prior program, CBL had acquired 248,590 shares of CBL stock for $7.3 million. “Replenishing the program allows us to allocate additional capital to capture an attractive investment opportu
Ellington Financial Inc. Reports Third Quarter 2025 Results
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) ("we") today reported financial results for the quarter ended September 30, 2025. Highlights Net income attributable to common stockholders of $29.5 million, or $0.29 per common share.1 $46.9 million, or $0.46 per common share, from the investment portfolio. $42.4 million, or $0.42 per common share, from the credit strategy. $4.5 million, or $0.04 per common share, from the Agency strategy. $8.6 million, or $0.09 per co
KBRA Assigns Ratings to Dickinson Financial Corporation II
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a senior unsecured debt rating of BBB, a subordinated debt rating of BBB-, and a short-term debt rating of K3 to Kansas City, Missouri based Dickinson Financial Corporation II ("Dickinson", "the company", or "DFCII") and intermediate holding company Dickinson Financial Corporation ("DFC"). In addition, KBRA assigns deposit and senior unsecured debt ratings of BBB+ and short-term deposit and debt ratings of K2 to its subsidiaries, Academy Bank, N.A. ("AB")
Granite Point Mortgage Trust Inc. Reports Third Quarter 2025 Financial Results and Post Quarter-End Update
NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Reports Third Quarter 2025 Financial Results and Post Quarter-End Update
Cantor Equity Partners V, Inc. Announces Closing of $250 Million Initial Public Offering
NEW YORK--(BUSINESS WIRE)--Cantor Equity Partners V, Inc. (Nasdaq: CEPV) (the “Company”) announced today that it closed its initial public offering of 25,000,000 Class A ordinary shares at $10.00 per share, which was upsized, including 3,000,000 Class A ordinary shares pursuant to the partial exercise of the overallotment option by the underwriters. The shares began trading on the Nasdaq Global Market under the symbol “CEPV” on November 4, 2025. Of the proceeds received from the consummation of
CCC Intelligent Solutions Announces Proposed Secondary Offering of 37,342,526 Shares of Common Stock
CHICAGO--(BUSINESS WIRE)--CCC Intelligent Solutions Holdings Inc. (the “Company”) (NASDAQ: CCC) today announced the proposed secondary offering of 37,342,526 shares of the Company’s common stock (the “Offering”) by affiliates of Advent International, L.P. (the “Selling Stockholders”). The Offering consists entirely of shares of the Company’s common stock to be sold by the Selling Stockholders, and the Company will not receive any proceeds from the sale of the shares being offered by the Selling
KBRA Assigns Preliminary Ratings to AMDR ABS Trust 2025-1
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to two classes of notes issued by AMDR Trust 2025-1(“AMDR 2025-1”), an ABS transaction collateralized by a pool of debt settlement (“DS”) fees associated with enrolled debts from a static pool of DS customers. AMDR 2025-1 will issue two classes of notes totaling $153.15 million. The transaction benefits from credit enhancement levels that are sufficient to withstand KBRA’s rating stresses. Credit enhancement is comprised of overcollate
Semrush Announces Third Quarter 2025 Financial Results
BOSTON--(BUSINESS WIRE)--Semrush Holdings, Inc. (NYSE: SEMR), a leading online visibility management SaaS platform, today reported financial results for the third quarter ended September 30, 2025. "We delivered strong performance in the third quarter, driven by our enterprise traction and accelerating momentum across our AI portfolio," said Bill Wagner, CEO of Semrush. "Building on our foundation as leaders in SEO, our Enterprise and AI products are becoming new revenue growth engines, validati
Chimera Declares Fourth Quarter 2025 Preferred Stock Dividends
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Chimera announced the declaration of its fourth quarter cash dividend of $0.50 per share of 8.00% Series A Cumulative Redeemable Preferred Stock. The dividend is payable December 30, 2025 to preferred shareholders of record on December 1, 2025. The ex-dividend date is December 1, 2025. The Board of Directors of Chimera also announced the declaration of its fourth quarter cash dividend of $0.6274 per share of 8.00% Series B Fixed-to-Floating R
WEX to Present at Citi’s 14th Annual FinTech Conference
PORTLAND, Maine--(BUSINESS WIRE)--WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced that its Chair and Chief Executive Officer, Melissa Smith, will present at Citi’s 14th Annual FinTech Conference on Tuesday, November 18, at approximately 9:00 AM ET. A webcast of the presentation will be available live on the Investor Relations section of the Company’s website, http://ir.wexinc.com, or through the following address: https://kv
Hyatt and Chase Expand their Collaboration as World of Hyatt Loyalty Program Continues Industry-Leading Growth
CHICAGO--(BUSINESS WIRE)--Hyatt and Chase Expand their Collaboration as World of Hyatt Loyalty Program Continues Industry-Leading Growth
UBS declares coupon payments on 8 ETRACS Exchange Traded Notes
NEW YORK--(BUSINESS WIRE)--UBS Investment Bank today announced coupon payments for 5 ETRACS Exchange Traded Notes traded on the NYSE Arca and expected coupon payments for 3 ETRACS Exchange Traded Notes traded on NASDAQ (together, the “ETNs”). NYSE Ticker ETN Name and Prospectus Supplementa Coupon Valuation Date Ex-Date Record Date Payment Date Coupon Amount Payment Schedule Current Yield (annualized) b HDLB ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B 10/30/2025 1
General American Investors Company Declares Year-End Dividends and Distributions on Common and Preferred Stock
NEW YORK--(BUSINESS WIRE)--Today, the Board of Directors of General American Investors Company, Inc. (NYSE symbol – GAM), a closed-end investment company, declared a combined dividend and distribution of $6.40 per share on its outstanding shares of common stock as follows: A distribution of $5.95 per share from net long-term capital gains on securities sold. A dividend of $0.45 per share from estimated undistributed net investment income for the full year 2025. Determination as to taxability wi
Summit Bancshares, Inc. Announces Special Cash Dividend
OAKLAND, Calif.--(BUSINESS WIRE)--The Board of Directors of Summit Bancshares Inc., at a meeting held on October 15, 2025 in recognition of the bank’s 43rd year in business, declared special cash dividend of $0.43 per share in lieu of the normal quarterly dividend, payable on December 30, 2025, to holders of record as of the close of business on December 3, 2025. Summit Bancshares, Inc. (OTC Bulletin Board: SMAL) is the parent company of Summit Bank.
Regional Management Corp. Names Lakhbir Lamba as President, Chief Executive Officer, and Director
GREENVILLE, S.C.--(BUSINESS WIRE)--Regional Management Corp. (NYSE: RM), a diversified consumer finance company, announced today the retirement of its President, Chief Executive Officer, and Director, Robert W. Beck. The Board of Directors has appointed Lakhbir Lamba as Regional’s new President, Chief Executive Officer, and Director effective November 10, 2025. Mr. Beck will assist with a smooth and orderly transition in an advisory role before officially retiring from the company on June 30, 2
