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Dynex Capital, Inc. Declares Common and Preferred Stock Dividends

Lastest from Businesswire - Wed, 06/11/2025 - 17:47
GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. announced today that the Company’s Board of Directors has declared a cash dividend of $0.17 per share on its Common Stock (NYSE: DX) for June 2025. The Common dividend is payable on July 1, 2025, to shareholders of record as of June 23, 2025. The Company’s Board also declared the quarterly cash dividend of $0.62395 per share of its 6.900% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (NYSE: DXPRC) for the second quart

System1 Class A Common Stock to Begin Trading on a Split-Adjusted Basis on June 12, 2025

Lastest from Businesswire - Wed, 06/11/2025 - 17:47
LOS ANGELES--(BUSINESS WIRE)--System1, Inc. (NYSE: SST) (“System1” or the “Company”), an omnichannel customer acquisition marketing platform, previously announced on June 10, 2025, that the Company’s board of directors has approved a reverse stock split (the “Reverse Stock Split”) of all of its issued and outstanding Class A Common Stock, par value $0.0001 per share (“Class A Common Stock”) and Class C Common Stock, par value $0.0001 per share (“Class C Common Stock”, and together with the Clas

Tailor Launches Operations Resilience Grant for U.S. Retailers Impacted by Tariffs and Supply Chain Disruptions

Lastest from Businesswire - Wed, 06/11/2025 - 17:47
SAN FRANCISCO--(BUSINESS WIRE)-- #ERP--Tailor, the headless ERP for retail operations, announced the Tailor Operations Resilience Grant program for U.S.-based retailers.

Sigma and Blueprint Technologies Announce Strategic Partnership to Accelerate Data-Driven Innovation in the Databricks Ecosystem

Lastest from Businesswire - Wed, 06/11/2025 - 17:47
SAN FRANCISCO--(BUSINESS WIRE)--Sigma, the industry-leading analytics platform with unique cloud data platform writeback capabilities, today announced a new strategic partnership with Blueprint Technologies, a leader in data intelligence solutions. The partnership will focus on delivering high-impact data solutions for joint customers, particularly within the Databricks ecosystem. Blueprint Technologies is a data intelligence solution integrator and ISV that helps organizations modernize their

United for Oklahoma and the Oklahoma Indian Gaming Association Announce Tribes’ Impact on State’s Economy

Lastest from Businesswire - Wed, 06/11/2025 - 17:47
OKLAHOMA CITY--(BUSINESS WIRE)--First American tribal nations in Oklahoma contributed $23.4 billion to the state’s economy in 2023, according to a new study released Wednesday. Tribal leaders announced the results of the study – commissioned by United for Oklahoma and the Oklahoma Indian Gaming Association – on Wednesday at the Oklahoma History Center. Compared to previous periods, the new report indicates the largest increase in economic activity between the years studied. From FY 2019 to FY 2

AM Best Upgrades Credit Ratings of Forge Insurance Company

Lastest from Businesswire - Wed, 06/11/2025 - 17:47
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a-” (Excellent) from “bbb+” (Good) of Forge Insurance Company (Forge) (Bethesda, MD). The outlook of these Credit Ratings (ratings) has been revised to stable from positive. The ratings reflect Forge’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile an

Securities Fraud Investigation Into Vestis Corporation (VSTS) Announced – Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz

Lastest from Businesswire - Wed, 06/11/2025 - 17:47
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Vestis Corporation (“Vestis” or the “Company”) (NYSE: VSTS) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON VESTIS CORPORATION (VSTS), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On May 7, 2025, Vestis released its second quarter fiscal 2025 financi

Barings Global Short Duration High Yield Fund Announces June 2025 Monthly Distribution of $0.1223 per Share

Lastest from Businesswire - Wed, 06/11/2025 - 17:47
CHARLOTTE, N.C.--(BUSINESS WIRE)--The Barings Global Short Duration High Yield Fund (the “Fund”) (NYSE: BGH) announced its monthly dividend for June 2025 of $0.1223 per share, payable on July 1, 2025. Based on the Fund’s May 30, 2025 share price of $14.80 per share, the dividend represents an annualized yield of 9.92% per share. Based on current projections through the payable date, the Fund expects that this dividend will be comprised of net investment income. The dividend schedule appears bel

University of Phoenix and Goalsetter Continue Financial Wellness Webinar Series with Practical Tips on Planning for Retirement

Lastest from Businesswire - Wed, 06/11/2025 - 17:47
PHOENIX--(BUSINESS WIRE)--University of Phoenix is pleased to continue its webinar series with Goalsetter, an award-winning financial education platform dedicated to helping individuals and families achieve financial wellness through engaging and practical resources. The eighth installment of the ten-part series, “How to Plan for Your Eventual Retirement,” will take place on Tuesday, June 17, at 12 p.m. MST. This session, featuring Goalsetter Founder and CEO Tanya Van Court, Edward Jones Adviso

KBRA Assigns Preliminary Ratings to BMO 2025-5C11

Lastest from Businesswire - Wed, 06/11/2025 - 17:47
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA is pleased to announce the assignment of preliminary ratings to 17 classes of BMO 2025-5C11, a $698.1 million CMBS conduit transaction collateralized by 37 commercial mortgage loans secured by 62 properties. The collateral properties are located throughout 16 MSAs, of which the three largest are New York (45.3%), Boston (10.9%), and Dallas - Fort Worth (7.0%). The pool has exposure to most major property types, with three types representing more than 10.0% of the

Seven Stars Announces First Fund to Back the Visionaries Shaping AI's Future

Lastest from Businesswire - Wed, 06/11/2025 - 17:47
SAN FRANCISCO--(BUSINESS WIRE)--Seven Stars, a venture capital firm that partners with founders building the next generation of AI companies, today announced the launch of its inaugural $40 million pre-seed and seed-stage fund, oversubscribed in just five weeks. Founded and managed by Steven Lee, former Partner at SV Angel, Seven Stars will focus on partnering with early-stage AI startups with a sharp focus on applications across both consumer and enterprise technology. “While AI already benefi

Korn Ferry Recognized for 8th Consecutive Year as a Leader in Everest Group’s RPO Services PEAK Matrix® Assessment 2025

Lastest from Businesswire - Wed, 06/11/2025 - 17:47
LOS ANGELES--(BUSINESS WIRE)--Korn Ferry (NYSE: KFY) announced today that it has been named a Leader in Everest Group’s Recruitment Process Outsourcing (RPO) Services PEAK Matrix® Assessment 2025. This marks the eighth consecutive year Korn Ferry has been recognized as a Leader in RPO. The report highlights several strengths within Korn Ferry’s RPO solutions that contributed to its ranking, including vision, client strategy, advanced technology, and breadth of global delivery capabilities. It a

Payments Innovation Alliance Expands Efforts to Protect Older Americans from Financial Fraud

Lastest from Businesswire - Wed, 06/11/2025 - 14:47
RESTON, Va.--(BUSINESS WIRE)--Nacha's Payments Innovation Alliance, a membership program that brings together diverse global stakeholders seeking to transform the payments industry, has updated its tools to help financial institutions educate the public about the prevalence of elder financial exploitation and how to assist account holders who may have been targeted. In the United States, people over age 60 lose $38.5 billion due to elder financial abuse annually, with the average loss being $83

PMG Acquires Momentum Commerce to Deliver a Fully Integrated Marketplace & Commerce Solution to Enterprise Brands

Lastest from Businesswire - Wed, 06/11/2025 - 14:47
DALLAS--(BUSINESS WIRE)-- #advertising--PMG, a global independent marketing services and technology company, today announced the acquisition of Momentum Commerce, a leading retail media company known for its marketplace intelligence and proprietary Velocity™ platform. The acquisition formalizes Momentum Commerce’s integration into PMG and marks the launch of PMG’s commerce capability, designed to help brands unlock revenue growth across retail and marketplace channels through connected strategy, technology, a

Grant Thornton Advisors LLC names Elliot Findlay as COO

Lastest from Businesswire - Wed, 06/11/2025 - 14:47
CHICAGO--(BUSINESS WIRE)--Grant Thornton, one of America’s largest brands of professionals providing end-to-end audit, assurance, tax and advisory services, has named Elliot Findlay as its new chief operating officer (COO) and a member of its Executive Committee. The role was previously held by Jim Peko, who became the firm’s CEO earlier this year. Findlay has been serving as Grant Thornton’s national managing principal of Transaction Advisory Services. He began his career in Scotland in 2000 a

DoubleVerify Launches DV Authentic AdVantage, an Industry-First, AI-Powered Solution to Drive Superior Performance Across Proprietary Video Platforms

Lastest from Businesswire - Wed, 06/11/2025 - 14:47
NEW YORK--(BUSINESS WIRE)--DoubleVerify ("DV") (NYSE: DV), a leading software platform to verify media quality, optimize ad performance, and prove campaign outcomes, today announced the launch of the DV Authentic AdVantageTM, a first-of-its-kind solution that combines DV’s trusted media quality controls with DV Scibids AITM to drive superior outcomes across walled garden environments. The solution initially will launch across proprietary video platforms, enabling advertisers to enhance performa

GrailPay Raises $6.7M to Build the Risk and Intelligence Layer for Bank Payments

Lastest from Businesswire - Wed, 06/11/2025 - 14:47
NEW YORK--(BUSINESS WIRE)--GrailPay, a risk and data platform for bank payments, today announced $6.7 million in funding to expand its suite of tools that make ACH transactions safer, smarter, and faster. The fundraise was led by Construct Capital, joined by Commerce Ventures, Broadhaven Ventures, Soma Capital, Grasshopper Bank, and a network of experienced fintech operators and angels. This follows an initial fundraise led by Noemis Ventures. ACH is the backbone of the U.S. financial system—mo

KBRA Credit Profile Releases CREFC June Conference 2025: Day 2 Recap

Lastest from Businesswire - Wed, 06/11/2025 - 14:47
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA Credit Profile (KCP), a division of KBRA Analytics, releases its Day 2 recap of the Commercial Real Estate Finance Council (CREFC) June Conference 2025. Key Takeaways Capital markets remain resilient despite a slowdown in originations, with a continued shift to five-year and bridge-to-bridge structures. Servicers flagged growing loan complexity and increased fraud risk as areas of concern, prompting the need for stronger compliance protocols and the adoption of t

Adrenaline and PixelFLEX Forge Strategic Partnership to Power Smarter, More Seamless Digital Display Deployments

Lastest from Businesswire - Wed, 06/11/2025 - 14:47
ATLANTA--(BUSINESS WIRE)--Adrenaline, the leading brand experience company providing end-to-end solutions and spaces for innovative environments, and PixelFLEX, the leading provider of high-performance, custom LED display solutions across an array of industries, are proud to announce the formation of a strategic partnership to provide cohesive content management services for dynamic digital installations. Through this partnership, Adrenaline will serve as the preferred content management (CMS)

Generational Group Advises Stout’s ACE Hardware in its Sale to ACE Mt. Washington, LLC

Lastest from Businesswire - Wed, 06/11/2025 - 14:47
DALLAS--(BUSINESS WIRE)--Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of Stout’s ACE Hardware to ACE Mt. Washington LLC, operated by Mafaz Ansar, a local entrepreneur and the managing member of Ansar Properties, LLC. The acquisition closed May 22, 2025. Based in Mount Washington, Kentucky, Stout’s ACE Hardware (Stout’s Feed Store), founded around 1929, has been a staple of Mt. Washington life for nearly a cen

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