Lastest from Businesswire

NEW YORK--(BUSINESS WIRE)--Stable Asset Management (“Stable”), one of the largest and most-tenured GP stake builders focused on GP seed and acceleration investing, today announced that it has entered into a definitive agreement to sell a portfolio of minority, net revenue-share interests in alternative asset managers (the “Target Portfolio”) to Navigator Global Investments (ASX: NGI), a diversified alternative asset management company, for $195 million. Stable and NGI also announced a long-term

OMAHA, Neb.--(BUSINESS WIRE)--(BRK.A; BRK.B) – Berkshire’s operating results for the first quarters of 2026 and 2025 are summarized in the following paragraphs. However, we urge investors and reporters to read our 10-Q, which has been posted at www.berkshirehathaway.com. The limited information that follows in this press release is not adequate for making an informed investment judgment. Earnings of Berkshire Hathaway Inc. and its consolidated subsidiaries for the first quarters of 2026 and 202

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases research examining recent performance trends for U.S. credit unions (CU) with over $1 billion in assets, highlighting a meaningful inflection in earnings entering 2026. KBRA believes that 2025 marked a turning point for the CU sector, as margin recovery reestablished core earnings capacity following a period of funding pressure. Improving deposit dynamics, favorable earning-asset repricing, and more balanced loan and deposit growth supported a meaningful

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a” (Excellent) of Auto Club Insurance Association (Dearborn, MI) and its wholly owned subsidiaries and affiliates, which are collectively referred to as Auto Club Group (ACG). Concurrently, AM Best has affirmed the FSR of A- (Excellent) and the Long-Term ICRs of “a-” (Excellent) of

NEW YORK--(BUSINESS WIRE)--The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. For the following Funds, the distributions are payable on June 1, 2026 to shareholders of record on May 11, 2026, with an ex-dividend date of May 11, 2026: Monthly Distribution Per Share Fund NYSE Symbol Amount Change From Previous Month Percentage Change From Previo

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns its BBB rating to RD Michigan Property Owner I LLC’s $14 billion senior secured notes. The Outlook is Stable. Related Digital and Blackstone (the sponsors) have formed the special-purpose entity RD Michigan Property Owner I LLC (the issuer) to finance the construction of a 974MW data center campus in Washtenaw County, Michigan, consisting of four buildings: the Core (Building 1), Compute 1 (Building 2), Compute 2 (Building 3), and Compute 3(Building 4). T

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--STORE Capital LLC ( “STORE Capital” or the “Company”), an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, today announced the publication of its latest Corporate Responsibility Report. The report provides a comprehensive overview of the Company’s continued commitment to sustainability, social responsibility, and governance, while highlighting meaningful progress and advancements made over

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Financial Strength Rating of B+ (Good) and a Long-Term Issuer Credit Rating of “bbb-” (Good) to American Steamship Owners Mutual Protection and Indemnity Association, Inc. (American Club) (New York, NY). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect American Club’s balance sheet strength, which AM Best assesses as adequate, as well as its adequate operating performance, limited business profile and ap

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Check Point Software Technologies Ltd. (“CHKP” or the “Company”) (NASDAQ: CHKP) investors concerning the Company’s possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON CHECK POINT SOFTWARE TECHNOLOGIES LTD. (CHKP), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO

BOSTON--(BUSINESS WIRE)--MGF, MIN Announce Special Shareholder Meeting Relating to Proposed Appointment of Aberdeen Investments as Investment Adviser

BOSTON--(BUSINESS WIRE)--The following Eaton Vance closed-end funds (the “Funds”) announced distributions today as detailed below. Declaration – 5/1/2026 Ex-Date – 5/14/2026 Record – 5/14/2026 Payable – 5/26/2026   Municipal Bond Funds: Fund Ticker Distribution Change From Prior Distribution Closing Market Price – 04/30/26 Distribution Rate at Market Price Eaton Vance California Municipal Income Trust CEV $0.0500 - $10.30 5.83% Eaton Vance Municipal Income Trust EVN $0.0513 - $10.47 5.88%     T

NEW YORK--(BUSINESS WIRE)--JPMorgan Chase & Co. (NYSE: JPM) (“JPMorganChase” or the “Firm”) has filed its Quarterly Report on Form 10-Q for the quarter ended March 31, 2026 with the SEC. The report is available on the SEC's website at https://www.sec.gov and will be available on the Firm's Investor Relations website at https://www.jpmorganchase.com/ir under SEC Filings & Other Disclosures. JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United Stat

BOSTON--(BUSINESS WIRE)--MFS announces adjournment of special shareholder meeting for MFS Charter Income Trust (NYSE: MCR) until May 14, 2026.

LOS ANGELES--(BUSINESS WIRE)--Cove Capital Investments, LLC announced its Cove Ponder Small Bay Industrial 101 DST, a Regulation D Rule 506(c) offering, is fully subscribed after raising $18,695,430 in equity from investors. The offering was structured as an all-cash, debt-free DST designed to provide accredited investors with a value-add industrial investment in one of the nation's most dynamic growth corridors. "We are grateful to our investors and selling group members for their continued co

BOSTON--(BUSINESS WIRE)--MFS Announces Closed End Fund Distributions for May 2026

WEST SACRAMENTO, Calif.--(BUSINESS WIRE)--Origin Materials, Inc. (“Origin”) (NASDAQ: ORGN, ORGNW) today announced that its Board of Directors has determined, after extensive consideration of potential strategic alternatives, that it is in the best interests of its shareholders to sell its PET cap technology and other remaining assets followed by an orderly wind down of operations. To reduce costs and support the planned sale, the Company is reducing its workforce, with affected employees expect

ST. LOUIS--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA) (the “Company”) announced today that a notice of redemption will be issued to the holders of all of its outstanding $400 million aggregate principal amount 5.75% Fixed-to-Floating Rate Subordinated Debentures due 2056 (CUSIP No. 759351 802 and ISIN US7593518027) (the “2056 Debentures”) in accordance with the terms of the indenture governing the 2056 Debentures. The 2056 Debentures are listed on the New York Stock

ATLANTA--(BUSINESS WIRE)--Cardlytics, Inc. (NASDAQ: CDLX) today announced that on April 29, 2026, the Compensation Committee of Cardlytics’ Board of Directors granted an aggregate of 272,000 restricted stock units of Cardlytics to six newly hired employees. The restricted stock units were granted as material inducements to employment with Cardlytics in accordance with Nasdaq Listing Rule 5635(c)(4) and were granted under the Cardlytics, Inc. 2022 Inducement Plan (the “2022 Inducement Plan”). Fo

ATLANTA--(BUSINESS WIRE)--Angel Oak Financial Strategies Income Term Trust (the “Fund”), a closed-end fund traded on the New York Stock Exchange under the symbol FINS, today declared a distribution of $0.115 per share for the month of May 2026. The record date for the distribution is May 15, 2026, and the payable date is May 29, 2026. The Fund will trade ex-distribution on May 15, 2026. Although the Fund seeks to pay a distribution at a rate that is representative of net investment income actua

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Check Point Software Technologies Ltd. (“Check Point” or the “Company”) (NASDAQ: CHKP) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON CHECK POINT SOFTWARE TECHNOLOGIES LTD. (CHKP), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On April 30, 2026, Chec