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Utah Insurance Department Pauses Litigation Against A-CAP

Tue, 04/29/2025 - 20:24
SALT LAKE CITY--(BUSINESS WIRE)--Today A-CAP Group (“A-CAP” or “The Company”) released the following statement: The Utah Insurance Department and three insurance companies it regulates, Sentinel Security Life Insurance Company, Haymarket Insurance Company, and Jazz Reinsurance Company have agreed to pause their pending litigation and participate in mediation. About A-CAP A-CAP is a holding company owning multiple insurance and financial businesses on its unique and synergistic platform. These b

Winchester Bancorp, Inc. Announces Expected Closing Date of Initial Public Offering

Tue, 04/29/2025 - 20:24
WINCHESTER, Mass.--(BUSINESS WIRE)--Winchester Bancorp, Inc. (the “Company”), the proposed holding company for Winchester Savings Bank (the “Bank”), announced today that all final regulatory approvals have been received to complete the Bank’s mutual holding company reorganization and the Company’s related stock offering. The transaction is expected to close on April 30, 2025. The Company’s common stock is expected to begin trading on the Nasdaq Capital Market under the symbol “WSBK” beginning o

LSTR Investors Have Opportunity to Join Landstar System, Inc. Fraud Investigation with the Schall Law Firm

Tue, 04/29/2025 - 20:24
LOS ANGELES--(BUSINESS WIRE)--LSTR Investors Have Opportunity to Join Landstar System, Inc. Fraud Investigation with the Schall Law Firm

TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended March 31, 2025

Tue, 04/29/2025 - 20:24
NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended March 31, 2025

Energy Storage Platform Backed by Stonepeak and CHC Awarded Five Projects in Japan Long-term Decarbonization Auction

Tue, 04/29/2025 - 20:24
NEW YORK & TOKYO--(BUSINESS WIRE)--The energy storage platform jointly established by Stonepeak and CHC (the “Platform”) today announced that it has secured 20-year fixed revenue capacity market contracts for five battery energy storage system (“BESS”) projects totaling 348MW of gross capacity in the latest round of Japan’s Long-term Decarbonization Auction (the “Auction”). The contracts represent the Platform’s second consecutive win in the government tender, following the inaugural Auction in

Valnet Inc. Clinches Significant Win in Embedding Case After Supreme Court’s Denial to Hear Appeal

Tue, 04/29/2025 - 20:24
MONTREAL--(BUSINESS WIRE)--U.S. Supreme Court declined to hear photographer’s appeal of Ninth Circuit ruling upholding dismissal of his copyright claims against Valnet.

PACCAR Declares Regular Quarterly Cash Dividend

Tue, 04/29/2025 - 17:24
BELLEVUE, Wash.--(BUSINESS WIRE)--PACCAR Inc’s Board of Directors today declared a regular quarterly cash dividend of thirty-three cents ($.33) per share, payable on June 4, 2025, to stockholders of record at the close of business on May 14, 2025. PACCAR is a global technology leader in the design, manufacture and customer support of high-quality light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates. PACCAR also designs and manufactures advanced powertrains, pro

Avis Budget Group, Inc. (CAR) Investors Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation

Tue, 04/29/2025 - 17:24
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Avis Budget Group, Inc. (“Avis” or the “Company”) (NASDAQ: CAR) investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN AVIS BUDGET GROUP, INC. (CAR), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. Contact the Law Offices of Howard G. Smith to discuss your legal rights b

Plaintiffs’ Attorneys Respond to Bayer’s Threat to Pull Roundup from Market

Tue, 04/29/2025 - 17:24
DALLAS--(BUSINESS WIRE)--Attorneys representing thousands of cancer victims criticized Bayer today for what they describe as an attempt to pressure courts, lawmakers and the public by threatening to pull its popular Roundup weedkiller from the market amid ongoing litigation. Video of the plaintiffs’ attorneys’ reactions is available here. Speaking at Bayer’s annual shareholders meeting, CEO Bill Anderson warned that continued lawsuits could make it financially unsustainable for the company to c

KBRA Assigns Preliminary Ratings to SAFCO Auto Receivables Trust 2025-1

Tue, 04/29/2025 - 17:24
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to five classes of notes totaling to $200.00 million issued by SAFCO Auto Receivables Trust 2025-1 (“SAFCO 2025-1” or the “Issuer”), a subprime auto loan ABS transaction. Credit enhancement on the notes is comprised of overcollateralization, subordination of junior note classes, a cash reserve account, and excess spread. SAFCO 2025-1 is the third ABS securitization for Southern Auto Finance Company, LLC (“SAFCO” or the “Company”). The

Millrose Properties Announces Date of First Quarter 2025 Earnings Release and Conference Call

Tue, 04/29/2025 - 17:24
MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP, “Millrose”), the Homesite Option Purchase Platform for residential homebuilders, today announced that it will release its financial results for the first quarter ended March 31, 2025, before the market opens on Wednesday, May 14, 2025. The Company will host a conference call the same day at 10:00 AM ET. The conference call and webcast, as well as relevant earnings materials, will be available through the investor relations section of

The Arena Group Announces Settlement of the litigation with Authentic Brands Group and Board Changes

Tue, 04/29/2025 - 17:24
NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) (“Arena”), a technology platform and media company home to hundreds of media brands, including TheStreet, Parade Media (“Parade”), Men’s Journal, Surfer, Powder and Athlon Sports, today announced that it has reached a confidential settlement resolving all outstanding legal matters with Authentic Brands Group, LLC et al, Sportority, Inc. d/b/a Minute Media, and Manoj Bhargava. The financial terms of the confidential

Voya Financial declares common and preferred stock dividends

Tue, 04/29/2025 - 17:24
NEW YORK--(BUSINESS WIRE)--Voya Financial, Inc. (NYSE: VOYA) announced today that its board of directors has declared a common stock dividend of $0.45 per share for the second quarter of 2025. The common stock dividend is payable on June 26, 2025, to shareholders of record as of May 27, 2025. Voya’s board also declared a quarterly dividend of $13.3750 per share on the company’s Series B 5.35% fixed-rate reset non-cumulative preferred stock (the “Series B Preferred Stock”), equivalent to $0.3343

Franklin Street Properties Corp. Announces First Quarter 2025 Results

Tue, 04/29/2025 - 17:24
WAKEFIELD, Mass.--(BUSINESS WIRE)--Franklin Street Properties Corp. (the “Company”, “FSP”, “we” or “our”) (NYSE American: FSP), a real estate investment trust (REIT), announced its results for the first quarter ended March 31, 2025. George J. Carter, Chairman and Chief Executive Officer, commented as follows: “We continue to prioritize two primary objectives: The first is to advance our leasing efforts to improve occupancy across the portfolio. Despite the modest level of actual leasing during

Acadia Realty Trust Reports First Quarter Operating Results

Tue, 04/29/2025 - 17:24
RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) today reported operating results for the quarter ended March 31, 2025. All per share amounts are on a fully-diluted basis, where applicable. Acadia owns and operates a high-quality real estate portfolio of street and open-air retail properties in the nation's most dynamic retail corridors ("Core" or "Core Portfolio"), along with an investment management platform that targets opportunistic and value-add inves

Unum Group Reports First Quarter 2025 Results

Tue, 04/29/2025 - 17:24
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group (NYSE: UNM) today reported net income of $189.1 million ($1.06 per diluted common share) for the first quarter of 2025, compared to net income of $395.2 million ($2.04 per diluted common share) for the first quarter of 2024. Included in net income for the first quarter of 2025 are the after-tax amortization of the cost of reinsurance of $7.6 million ($0.04 per diluted common share), the after-tax impact of non-contemporaneous reinsurance of $5.4 m

First Keystone Announces First Quarter 2025 Earnings (Unaudited)

Tue, 04/29/2025 - 17:24
BERWICK, Pa.--(BUSINESS WIRE)--First Keystone Corporation (OTC Pink: FKYS), parent company of First Keystone Community Bank, reported an increase in interest income of $1,264,000 or 7.5%, as compared to the three months ended March 31, 2024. The increase was predominantly due to increased interest rates and growth in commercial real estate loans. Total interest expense decreased by $31,000 or 0.3% overall. Decreased levels of short-term and long-term borrowings resulted in a decrease of $463,00

Horizon Technology Finance Announces Monthly Distributions for July, August and September 2025 Totaling $0.33 per Share

Tue, 04/29/2025 - 17:24
FARMINGTON, Conn.--(BUSINESS WIRE)--Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon”) (the “Company”), an affiliate of Monroe Capital, and a leading specialty finance company that provides capital in the form of secured loans to venture capital-backed companies in the technology, life science, healthcare information and services, and sustainability industries, announced today that its board of directors has declared monthly cash distributions of $0.11 per share, payable in each

Joe Amara Executive Search sees sustained growth in renewables post Trump election

Tue, 04/29/2025 - 17:24
CHICAGO--(BUSINESS WIRE)--Leading executive search firm, Joe Amara Executive Search, has continued to experience impressive growth, having accelerated revenue by 33% during Q1 2025. As a specialist in energy and emerging infrastructure sectors for more than 17 years, Mr. Amara and his team are the top experts in renewable energy, battery storage, data centers, and transmission. Founded by widely respected executive search specialist, Joe Amara, in 2011, Joe Amara Executive Search was establishe

Clearwater Analytics Promotes Key Executives to Accelerate Growth and Operational Excellence

Tue, 04/29/2025 - 17:24
BOISE, Idaho & NEW YORK & CHICAGO & LONDON & HONG KONG--(BUSINESS WIRE)--Clearwater Analytics (NYSE: CWAN), the most comprehensive technology platform for investment management, today announced the promotion of Subi Sethi to Chief Operating Officer and Cindy Blendu to Chief Administrative Officer. These expanded leadership roles strengthen Clearwater’s ability to scale globally, integrate its expanded platform, and deliver even greater value to clients following its recent acquisitions. During

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