Lastest from Businesswire

Subscribe to Lastest from Businesswire feed Lastest from Businesswire
Business Wire - The global leader in news distribution
Updated: 1 hour 43 min ago

ISS Recommends ECAT Shareholders Vote to Support Nine out of Ten Board Nominees and Against Saba’s Termination Proposal

Wed, 06/18/2025 - 17:51
NEW YORK--(BUSINESS WIRE)--BlackRock Advisors LLC (“BlackRock”) announced today that Institutional Shareholder Services Inc. (“ISS”), a leading independent proxy advisory firm, recommended that shareholders of BlackRock ESG Allocation Term Trust (NYSE: ECAT) (the “Fund”) vote on the WHITE card FOR nine out of ten of the incumbent Board nominees and AGAINST the proposal put forth by a dissident shareholder to terminate BlackRock as investment adviser ahead of the Fund’s annual meeting on June 26

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1375 Per Share for July

Wed, 06/18/2025 - 17:51
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Intermediate Duration Preferred & Income Fund (the "Fund") (NYSE: FPF) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.1375 per share payable on July 15, 2025, to shareholders of record as of July 1, 2025. The ex-dividend date is expected to be July 1, 2025. The monthly distribution information for the Fund appears below. First Trust Intermediate Duration Preferred & Income Fund (FPF): Distribu

First Trust Senior Floating Rate Income Fund II Declares its Monthly Common Share Distribution of $0.097 Per Share for July

Wed, 06/18/2025 - 17:51
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.097 per share payable on July 15, 2025, to shareholders of record as of July 1, 2025. The ex-dividend date is expected to be July 1, 2025. The monthly distribution information for the Fund appears below. First Trust Senior Floating Rate Income Fund II (FCT):     Distribution per share:   $0.097

First Trust Advisors L.P. Announces Distribution for FT Vest U.S. Equity Buffer & Premium Income ETF - June

Wed, 06/18/2025 - 17:51
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of the Monthly distribution for FT Vest U.S. Equity Buffer & Premium Income ETF - June, a series of First Trust Exchange-Traded Fund VIII. The following dates apply to today's distribution declaration: Expected Ex-Dividend Date: June 20, 2025 Record Date: June 20, 2025 Payable Date: June 23, 2025 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount ACTIVELY MANAGED EXCHANGE-TRADED FUN

First Trust Mortgage Income Fund Declares its Monthly Common Share Distribution of $0.07 Per Share for July

Wed, 06/18/2025 - 17:51
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Mortgage Income Fund (the "Fund") (NYSE: FMY) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.07 per share payable on July 15, 2025, to shareholders of record as of July 1, 2025. The ex-dividend date is expected to be July 1, 2025. The monthly distribution information for the Fund appears below. First Trust Mortgage Income Fund (FMY):     Distribution per share:   $0.07 Distribution Rate based on the J

First Trust High Yield Opportunities 2027 Term Fund Declares its Monthly Common Share Distribution of $0.125 Per Share for July

Wed, 06/18/2025 - 17:51
WHEATON, Ill.--(BUSINESS WIRE)--First Trust High Yield Opportunities 2027 Term Fund (the "Fund") (NYSE: FTHY) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.125 per share payable on July 25, 2025, to shareholders of record as of July 1, 2025. The ex-dividend date is expected to be July 1, 2025. The monthly distribution information for the Fund appears below. First Trust High Yield Opportunities 2027 Term Fund (FTHY):     Distribution per share:

Stone Harbor Investment Partners Introduces Emerging Markets Climate Impact Debt Fund

Wed, 06/18/2025 - 17:51
NEW YORK--(BUSINESS WIRE)--Stone Harbor Investment Partners, an investment manager of Virtus Investment Partners, Inc. (NYSE: VRTS), has launched the Stone Harbor Emerging Markets Climate Impact Debt (Bloomberg: STHEMDI) (the “Fund”), a UCITS fund classified as Article 9 under the Sustainable Finance Disclosure Regulation (SFDR) that addresses decarbonization efforts occurring in Emerging Markets (EM) while seeking to deliver attractive long-term total returns for investors. The Fund invests in

Gores Holdings X, Inc. Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing June 23, 2025

Wed, 06/18/2025 - 17:51
BOULDER, Colo.--(BUSINESS WIRE)--Gores Holdings X, Inc. (Nasdaq: GTENU) (the “Company”), a blank check company sponsored by affiliates of The Gores Group, today announced that, commencing June 23, 2025, holders of the units sold in the Company’s initial public offering of 35,880,000 units, which includes 4,680,000 units issued pursuant to the exercise by the underwriter of its overallotment option in full, may elect to separately trade the Class A ordinary shares and warrants included in the un

AM Best Affirms Issue Credit Ratings of Weston2038 LLC’s Credit-Linked Notes

Wed, 06/18/2025 - 17:51
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Long-Term Issue Credit Rating (Long-Term IR) of “a” (Excellent) on the $846 million (of which $450 million remained outstanding as of March 31, 2025), 6.00% Series Hannover, No. 1 variable funding credit-linked note (Block 1 CLN), due July 1, 2038, issued by Weston2038 LLC (Weston2038), a Delaware limited liability company (issuer). Concurrently, AM Best has affirmed the Long-Term IR of “a” (Excellent) on the $433 million (which upsized t

Nine Dean Appoints Andrew Kassoy, Impact Pioneer, as Chairman Emeritus

Wed, 06/18/2025 - 17:51
NEW YORK--(BUSINESS WIRE)--Nine Dean, a holding company that partners with great businesses to drive long-term value for all stakeholders, today announced the appointment of founding team member Andrew Kassoy as Chairman Emeritus, effective immediately. This recognition reflects Kassoy’s significant contributions as a valued partner, collaborator, and friend throughout the conception and launch of Nine Dean. Throughout Nine Dean’s development, Kassoy has consistently brought a thoughtful perspe

CVMSDC Invites Small Businesses to Pursue 'Accessible Connections' During Annual Business Opportunity Conference (BOC25), Aug. 3-5 in Charleston, SC

Wed, 06/18/2025 - 17:51
CHARLESTON, S.C.--(BUSINESS WIRE)-- #BOC25--Carolinas-Virginia Minority Supplier Development Council will host its Business Opportunity Conference on Aug. 3-5 in Charleston, South Carolina.

CB Financial Services, Inc. Announces Completion of the 5% Outstanding Common Stock Repurchase Program

Wed, 06/18/2025 - 17:51
WASHINGTON, Pa.--(BUSINESS WIRE)--CB Financial Services, Inc. (the “Company”) (NASDAQ: CBFV), the holding company for Community Bank, announced that its 5% common stock repurchase program was completed on June 13, 2025. The program commenced on July 26, 2024. In connection with the program, the Company purchased a total of 257,145 shares of the Company’s common stock at an average price of $28.70 per share. About CB Financial Services, Inc. CB Financial Services, Inc. is the bank holding compan

Deadline Approaching: Vestis Corporation (VSTS) Investors Who Lost Money Urged To Contact Law Offices of Howard G. Smith

Wed, 06/18/2025 - 14:51
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the upcoming August 8, 2025 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased Vestis Corporation (“Vestis” or the “Company”) (NYSE: VSTS) securities between May 2, 2024, to May 6, 2025, inclusive (the “Class Period”). IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN VESTIS CORPORATION (VSTS), CONTACT THE LAW OFFICES OF HOWARD G. SMITH TO PARTICIPATE IN THE ONGOING SECUR

AM Best Downgrades Credit Ratings of Indiana Farmers Insurance Group’s Members

Wed, 06/18/2025 - 14:51
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has downgraded the Financial Strength Rating to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Ratings to “a-” (Excellent) from “a” (Excellent) of Indiana Farmers Mutual Insurance Company and Indiana Farmers Indemnity Insurance Company. These companies are collectively referred to as Indiana Farmers Insurance Group (Indiana Farmers) and are domiciled in Indianapolis, IN. The outlook of these Credit Ratings (ratings) has been revised to

AM Best Assigns Credit Ratings to Calais Reciprocal Insurance Exchange

Wed, 06/18/2025 - 14:51
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Calais Reciprocal Insurance Exchange (CIE) (Springfield, IL). Concurrently, AM Best has assigned a Long-Term Issue Credit Rating of “bbb” (Good) to the $85 million, 7% surplus notes, due May 2040, and the $15 million, 7.0% surplus notes, due May 2040 issued by CIE. The outlook assigned to these Credit Ratings (ratings) is stable. The rati

L.A. Press Conference Re: SCOTUS Transgender/Skrmetti Ruling - TODAY 12:30 pm

Wed, 06/18/2025 - 14:51
--(BUSINESS WIRE)--L.A. Press Conference Re: SCOTUS Transgender/Skrmetti Ruling - TODAY 12:30 pm

Deadline Soon: Avis Budget Group, Inc. (CAR) Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz About Securities Fraud Lawsuit

Wed, 06/18/2025 - 14:51
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming June 24, 2025 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired Avis Budget Group, Inc. (“Avis” or the “Company”) (NASDAQ: CAR) securities between February 16, 2024 and February 10, 2025, inclusive (the “Class Period”). IF YOU ARE AN INVESTOR WHO LOST MONEY ON AVIS BUDGET GROUP, INC. (CAR), CLICK HERE TO PARTICIPATE IN

Fanfix Hits $170M Creator Payout Milestone; Proves Direct-to-Fan Monetization Model with Brand-Safe Content

Wed, 06/18/2025 - 14:51
LOS ANGELES--(BUSINESS WIRE)--Fanfix, the leading brand-safe creator monetization platform, announced today it has paid out over $170 million to creators, marking a major milestone in its mission to enable direct-to-fan, sustainable income without relying on advertising or brand partnerships. With more than 270 creators earning over $100,000 annually, many of them crossing the $1 million lifetime earnings threshold, Fanfix continues to demonstrate that brand-friendly content drives real value a

American Express Plans Live Audio Webcast of Second-Quarter 2025 Earnings Conference Call

Wed, 06/18/2025 - 14:51
NEW YORK--(BUSINESS WIRE)--American Express Company (NYSE: AXP) plans to host a live audio webcast of its earnings conference call at 8:30 a.m. (ET) on Friday, July 18, 2025, to discuss the company’s second-quarter 2025 financial results. The webcast will be accessible to the general public through the American Express Investor Relations website at https://ir.americanexpress.com/. The financial results and presentation materials are scheduled to be released and posted on the website at approxim

Smartmatic Court Filing Describes Fox’s Actions as a “Campaign of Knowing Lies”

Wed, 06/18/2025 - 14:51
BOCA RATON, Fla.--(BUSINESS WIRE)--Smartmatic today presented overwhelming evidence that Fox not only defamed the company, but did so knowingly and deliberately, at the direction of Rupert Murdoch and senior leadership, in a desperate attempt to retain angry viewers. A legal filing submitted in New York highlights that Fox’s reckless actions not only inflicted damage on Smartmatic, but undermined Americans’ faith in free and fair elections. “Fox lies again. Internal communications reveal that t

Pages