Lastest from Businesswire
KBRA’s Nitin Bhasin, Global Head of CMBS, Elected to CREFC’s Board of Governors
NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA, a global full-service credit rating agency, is pleased to announce that Nitin Bhasin, CFA, Senior Managing Director and Global Head of Commercial Mortgage-Backed Securities (CMBS), has been elected to the Board of Governors of the Commercial Real Estate Finance Council (CREFC). CREFC is the leading trade association for the $5 trillion commercial real estate (CRE) finance industry and serves as a vital forum for market participants to engage in key policy, marke
Capital One Financial Investor Alert: Scott+Scott Attorneys at Law LLP Investigates Capital One Financial Corporation’s Directors and Officers for Breach of Fiduciary Duties – COF
NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether the leadership of Capital One Financial Corporation (“Capital One”) (NYSE: COF) breached their fiduciary duties to Capital One and its shareholders. CLICK HERE TO LEARN MORE Scott+Scott is investigating whether members of the Capital One board of directors or senior management failed to manage Capital One in an acceptable manner,
Visa, Street Soccer USA and Bank of America Join Forces to Expand Access to Soccer in Communities Across the United States
SAN FRANCISCO--(BUSINESS WIRE)--Visa, Street Soccer USA and Bank of America create soccer parks in six U.S. cities to unite communities through sport and opportunity.
Byline Bancorp, Inc. Announces Commencement of Secondary Public Offering of Common Stock and Concurrent Share Repurchase
CHICAGO--(BUSINESS WIRE)--Byline Bancorp, Inc. (“Byline” or the “Company”) (NYSE: BY) announced today that the Estate of Daniel L. Goodwin (the “Estate”) and Equity Shares Investors, LLC, an affiliate of the Estate, the selling stockholders of the Company (the “Selling Stockholders”), are offering for sale to the public a total of 4,282,210 shares (the “Offered Shares”) of the Company’s common stock (the “Secondary Offering”). The Company is not offering or selling any shares of its common stoc
AppLovin Investor Alert: Scott+Scott Attorneys at Law LLP Investigates AppLovin Corporation’s Directors and Officers for Breach of Fiduciary Duties – APP
NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether the leadership of AppLovin Corporation (“AppLovin”) (NASDAQ: APP) breached their fiduciary duties to AppLovin and its shareholders. CLICK HERE TO LEARN MORE Scott+Scott is investigating whether members of AppLovin’s board of directors (the “Board”) made, or caused AppLovin to make, false and/or misleading statements, as well as fa
American Financial Group, Inc. Announces Termination of Agreements to Sell Charleston Harbor Resort & Marina
CINCINNATI--(BUSINESS WIRE)--American Financial Group, Inc. (NYSE: AFG) previously announced that a wholly-owned subsidiary of AFG had reached agreements (“Agreements”) to sell the hotel and related assets and the marina comprising Charleston Harbor Resort & Marina (“Charleston Harbor”), a premier resort property and marina located in Charleston, South Carolina. On June 6, 2025, the Agreements were terminated. AFG will continue to evaluate strategic alternatives for the property. Charleston
AM Best Withdraws Credit Ratings of Michigan Professional Insurance Exchange
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Michigan Professional Insurance Exchange (MPIE) (Grand Rapids, MI). The outlook of these Credit Ratings (ratings) is stable. Concurrently, AM Best has withdrawn these ratings as the company has requested to no longer participate in AM Best’s interactive rating process. The ratings reflect MPIE’s balance sheet strength, which AM Best a
First Trust Announces Approval of Liquidation of the First Trust Brazil AlphaDEX® Fund
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today the approval of the liquidation of First Trust Brazil AlphaDEX® Fund (Nasdaq: FBZ), a series of First Trust Exchange-Traded AlphaDEX® Fund II (the “Fund”). Based upon the recommendation of FTA, the investment advisor of the Fund, the Board of Trustees of First Trust Exchange-Traded AlphaDEX® Fund II determined that it was in the best interests of the Fund to liquidate the Fund. Accordingly, the Board of Trustees a
Acadia Healthcare Investor Alert: Scott+Scott Attorneys at Law LLP Investigates Acadia Healthcare Company, Inc.’s Directors and Officers for Breach of Fiduciary Duties – ACHC
NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether the leadership of Acadia Healthcare Company, Inc. (“Acadia Healthcare”) (NASDAQ: ACHC) breached their fiduciary duties to Acadia Healthcare and its shareholders. CLICK HERE TO LEARN MORE Scott+Scott is investigating whether members of the Acadia Healthcare board of directors or senior management failed to manage Acadia Healthcare
Wolters Kluwer executive delivers keynote on the future of integrated tech stacks and agentic AI at AICPA Engage 2025
MINNEAPOLIS--(BUSINESS WIRE)--Wolters Kluwer Tax and Accounting (TAA) executive, Cathy Rowe, Senior Vice President and Segment Leader, U.S. Professional Market, delivered a compelling keynote address today at AICPA Engage 2025, held at the Aria Resort and Casino in Las Vegas. Her remarks focused on the accelerating pace of technological change and how integrated tech stacks and agentic AI are reshaping the accounting profession for audit and tax professionals. In her keynote, Rowe emphasized th
Postbot Launches Pay-As-You-Go AI Receptionist to Simplify Small Business Communications
MIAMI--(BUSINESS WIRE)-- #24x7Support--Postbot, an innovative AI startup, today announced the launch of its groundbreaking AI receptionist service, designed to transform how small businesses manage customer calls. With no setup fees, no monthly subscriptions, and a straightforward pay-as-you-go model at just $0.25 per call minute, Postbot offers an accessible solution for businesses seeking to enhance customer engagement without the overhead of traditional staffing. Postbot's AI receptionist provides each bus
Corpay Appoints New Chief Financial Officer
ATLANTA--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), a leading global business payments company (“Corpay”), today announced the appointment of Peter Walker as Chief Financial Officer (“CFO”), effective July 21, 2025. “We are excited to welcome Peter to Corpay. We believe Peter’s mix of public and entrepreneurial company CFO experience will help him to contribute immediately. Peter’s got great potential and will be a terrific partner in helping us to run the business,” said Ron Clarke, Corpay’s
Fidelis Insurance Holdings Limited Announces Pricing of $400 Million of 7.750% Fixed-Rate Reset Subordinated Notes Due 2055
PEMBROKE, Bermuda--(BUSINESS WIRE)--Fidelis Insurance Holdings Limited (NYSE:FIHL) ("Fidelis Insurance Group" or the "Company"), a global specialty insurer, announced today the pricing of $400 million aggregate principal amount of its 7.750% Fixed-Rate Reset Subordinated Notes due 2055 (the “Notes”). The offering is expected to close on June 13, 2025, subject to satisfaction of customary closing conditions. Fidelis Insurance Group intends to use a portion of the net proceeds from this offering
Six Baron & Budd Shareholders Named to Lawdragon 500 Leading Plaintiff Financial Lawyers
DALLAS--(BUSINESS WIRE)--Six attorneys from the nationally recognized law firm Baron & Budd have been singled out again for their willingness to take on the largest corporations in the world on behalf of their clients. Baron & Budd shareholders Steve Baron, Russell Budd, Andrew Miller, William G. Powers, Scott Simmer and Roland Tellis are ranked among the Lawdragon 500 Leading Plaintiff Financial Lawyers in the United States. The Lawdragon list is compiled through nominations, independe
Phillips 66 to Speak at the J.P. Morgan 2025 Energy, Power, Renewables & Mining Conference
HOUSTON--(BUSINESS WIRE)--Phillips 66 Chairman and CEO Mark Lashier will participate in a fireside chat at the J.P. Morgan 2025 Energy, Power, Renewables & Mining Conference.
Victory Capital Reports May 2025 Total Client Assets and Provides Additional Information Following Close of Amundi Transaction
SAN ANTONIO--(BUSINESS WIRE)--Victory Capital Reports May 2025 Total Client Assets and Provides Additional Information Following Close of Amundi Transaction
AAPL Investors Have Opportunity to Join Apple Inc. Fraud Investigation with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)--AAPL Investors Have Opportunity to Join Apple Inc. Fraud Investigation with the Schall Law Firm
NYSE Group Consolidated Short Interest Report
NEW YORK--(BUSINESS WIRE)--NYSE today reported short interest as of the close of business on the settlement date of May 30, 2025. SETTLEMENT DATE EXCHANGE TOTAL CURRENT SHORT INTEREST TOTAL PREVIOUS SHORT INTEREST (Revised) NUMBER of SECURITIES with a SHORT POSITION NUMBER of SECURITIES with a POSITION >= 5,000 SHARES 05/30/2025 NYSE 15,127,672,472 15,409,947,616 2,858 2,604 05/30/2025 NYSE ARCA 2,130,554,721 2,202,362,194 2,314 1,505 05/30/2025 NYSE AMERICAN 769,242,811 799,298,346 307 247
Ameris Bank Expands Down Payment Assistance to Promote Homeownership
ATLANTA--(BUSINESS WIRE)--Ameris Bank is supporting first-time homebuyers with the expansion of its Ameris Choice homebuyer assistance program. Building on the success of its initial offering in Jacksonville, Florida, the expanded program now reaches additional communities across the Southeast, offering up to $7,500 in down payment assistance to qualified applicants in multiple markets. The program is now available to first-time homebuyers purchasing a primary residence located within specific
KKR Real Estate Finance Trust Inc. Declares Quarterly Dividend of $0.25 Per Share of Common Stock
NEW YORK--(BUSINESS WIRE)--KKR Real Estate Finance Trust Inc. (the “Company” or “KREF”) (NYSE: KREF) announced that the Board of Directors has declared a dividend of $0.25 per share of common stock with respect to the second quarter of 2025. The dividend is payable on July 15, 2025 to KREF’s common stockholders of record as of June 30, 2025. About KKR Real Estate Finance Trust Inc. KREF is a real estate finance company that focuses primarily on originating and acquiring senior loans secured by