Feed aggregator

MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE:RWT; "Redwood", the "Company"), a leader in expanding access to housing for homebuyers and renters, today reported its financial results for the quarter ended September 30, 2025. Mortgage Banking Platforms Continue to Profitably Scale Record $6.8 billion of cumulative loan production across operating platforms; capital allocated to mortgage banking up 84% since the second quarter 2024 Delivered highest mortgage banking revenues sin

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, reported third-quarter revenue growth with increases in operating and adjusted operating income and margins. “Morningstar Credit delivered a standout quarter driven by strong performance across asset classes and regions, while Morningstar Direct Platform and PitchBook also contributed meaningfully to consolidated growth," said Kunal Kapoor, Morningstar's chief executive officer. "W

STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend on common shares will be payable November 20, 2025, to shareholders of record as of November 10, 2025. On its Series F Preferred Stock, Webster declared a quarterly cash dividend of $328.125 per share ($0.328125 per each depositary share, 1,000 of whic

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Total Return Fund Inc. (NYSE: ZTR) previously announced the following monthly distribution on August 27, 2025: Ticker Amount of Distribution Ex-Date/Record Date Payable Date ZTR $0.05 October 14, 2025 October 30, 2025 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid, in part or in full, from net investment income and realized capital gains, or a combination thereof. Sharehol

STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes (NYSE: PBI) announced that its Board of Directors has declared a quarterly cash dividend on the company’s common stock of $0.09 per share. The dividend will be paid on December 8, 2025, to stockholders of record on November 10, 2025. About Pitney Bowes Pitney Bowes (NYSE: PBI) is a technology-driven products and services company that provides digital shipping solutions, mailing innovation, and financial services to clients around the world – includ

STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”), a technology-driven company that provides digital shipping solutions, mailing innovation, and financial services to clients around the world, today disclosed its financial results for the third quarter of 2025. In conjunction with this announcement, Pitney Bowes’ CEO, Kurt Wolf, has released a letter to shareholders to provide his commentary on the quarter and updates on strategic initiatives. Q3

VICTOR, N.Y.--(BUSINESS WIRE)-- #acquisitions--Broadstone Net Lease Announces Third Quarter 2025 Results

SEATTLE--(BUSINESS WIRE)--Raul Beke has joined Dorsey & Whitney LLP as a Partner in the Mergers & Acquisitions group in Seattle, the international law firm announced today. Raul advises public and private companies on corporate governance, transactions, regulatory compliance, and commercial matters. His mergers and acquisitions practice spans domestic and cross-border transactions across a range of industries, representing both strategic and financial buyers and sellers. Raul is a trust

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” (Excellent) from “a-” (Excellent) of AMERIND Risk Management Corporation (AMERIND) (Pueblo of Santa Ana, NM). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect AMERIND’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile a

GREENWICH, Conn.--(BUSINESS WIRE)-- #employeebenefits--EB Employee Solutions LLC (dba The Difference Card) in partnership with funds managed by Stone Point Capital LLC (Stone Point) announced today that Bill Golden, former Chief Executive Officer of UnitedHealthcare Employer and Individual business, will join the Board of Directors at The Difference Card. Bill Golden brings over 25 years of experience in healthcare management from UnitedHealth Group, where he held several senior roles. As CEO of the Employer and I

WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Financial Corporation (Nasdaq: WSFS) today announced that Michelle Hong has been appointed to its Board of Directors, effective December 1, 2025. She will stand for election at the 2026 Annual Meeting of Shareholders. Hong currently serves as a corporate director of PECO, an Exelon company, and is the Vice Chair-elect of the National Association of Corporate Directors (NACD) in Philadelphia. Her extensive background in financial services includes her role

DALLAS--(BUSINESS WIRE)-- #alternativeinvestments--Rising Phoenix Capital, a Dallas-based investment firm specializing in oil and gas mineral royalties, today announced the acquisition of 249.05 net royalty acres (NRA) in the core of the Eagle Ford Shale, operated by EOG Resources Inc. and Lewis Energy Group. The acquisition marks the final placement for Maroon Bells LP, part of Rising Phoenix’s broader Income Strategy platform focused on acquiring producing mineral assets that generate steady, yield-driven returns. Wit

DALLAS--(BUSINESS WIRE)--Bailey Brauer PLLC co-founder Alex Brauer has been named to the inaugural Legal 500 US Elite listing of the top complex commercial litigation attorneys in Dallas. For nearly 40 years, the Legal 500 legal guide has been at the forefront of honoring the top global law firms. The US Elite guide launched this year to highlight the exceptional work of small and midsize firms across the United States. “Law 500 could not get off to a better start in this new enterprise than by

LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Inc. (Nasdaq: PMTS), a payments technology company providing a comprehensive range of payment cards and related digital solutions, today announced a strategic partnership with, and a minority equity investment in, Karta, an Australia-based prepaid program manager and payments technology firm. The partnership offers CPI clients an innovative solution for prepaid card security by integrating Karta’s patent-pending SafeToBuy technology with CPI’s U

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bank, National Association (Nasdaq: FITB) today announced it will decrease its prime lending rate to 7.00%, effective immediately. The rate was last changed on September 17, 2025, when Fifth Third decreased its prime lending rate from 7.50% to 7.25%. About Fifth Third Fifth Third is a bank that’s as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial service

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” (Excellent) of Stewart Title Guaranty Company (Stewart) (Houston, TX) and Stewart Title Limited (United Kingdom). AM Best also has affirmed the Long-Term ICR of “bbb-” (Good) of the parent holding company, Stewart Information Services Corporation (headquartered in Houston, TX) [NYSE: STC]. The outlook of these Credit Ratings (

LOS ANGELES--(BUSINESS WIRE)--AltaSea at the Port of Los Angeles Trustee Yehudi “Gaf” Gaffen will be honored with the inaugural Gaffen Blue Champion Award for his visionary leadership in seeking to transform San Diego’s waterfront, driving AltaSea’s growth and development, and fostering “Blue” collaboration and partnerships between Los Angeles and San Diego. The award, presented by TMA BlueTech in collaboration with the Norwegian Consulate General during its annual conference, will be presented

FARMINGTON HILLS, Mich.--(BUSINESS WIRE)--MDT, a CUSO that helps credit unions navigate complex financial technology ecosystems, announced today the launch of the MDT Partner Program, an exclusive network designed to connect credit unions with trusted fintech providers and accelerate innovation across the cooperative finance space. The MDT Partner Program offers three pathways, with Premier Partners and Strategic Alliances gaining unique visibility and credibility within MDT’s credit union comm

WAKE FOREST, N.C.--(BUSINESS WIRE)-- #Brokers--Charlie Yokley, AICP, a leading land entitlement expert and the founder of Yokley Entitlement Services (YES), has announced the launch of a new platform venture, KnowToYes, designed to provide commercial real estate consultants, developers, municipal staff, and data managers throughout the US with a comprehensive intelligence tool for land use and zoning. Raleigh-Durham-Chapel Hill area based Yokley, known for his more than two-decades track record of success

PURCHASE, N.Y.--(BUSINESS WIRE)--MBIA Inc. (NYSE:MBI) will host a webcast and conference call for investors on Wednesday, November 5 at 8:00 a.m. (ET) to discuss its third quarter 2025 financial results and other issues related to the Company. The dial-in number for the call is 800-445-7795 in the U.S. and 785-424-1699 from outside the U.S. The conference call code is MBIAQ325. A live webcast of the conference call will also be accessible on www.mbia.com. The conference call will consist of bri