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AM Best Assigns Issue Credit Rating to Equitable Holdings, Inc.’s New Junior Subordinated Notes

Lastest from Businesswire - Wed, 03/26/2025 - 17:05
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Long-Term Issue Credit Rating of “bbb-” (Good) to the $500 million 6.7% junior subordinated notes, due 2055, issued by Equitable Holdings, Inc. (Delaware) on March 26, 2025. The outlook assigned to this Credit Rating (rating) is stable. The net proceeds from Equitable Holdings, Inc.’s recent debt issuance are expected to be used to repurchase in whole or part the Series B Depositary preferred shares and for general corporate purposes. Finan

MFS Releases Closed-End Fund Income Distribution Sources for Certain Funds

Lastest from Businesswire - Wed, 03/26/2025 - 17:05
BOSTON--(BUSINESS WIRE)--MFS announces closed end fund distribution source information for certain funds for March 2025

Jefferies Announces First Quarter 2025 Financial Results

Lastest from Businesswire - Wed, 03/26/2025 - 17:05
NEW YORK--(BUSINESS WIRE)--Jefferies Financial Group Inc. (NYSE: JEF): Q1 Financial Highlights   $ in thousands, except per share amounts Quarter End     1Q25     1Q24   Net earnings attributable to common shareholders $ 127,793   $ 149,641   Diluted earnings per common share from continuing operations $ 0.57   $ 0.69   Return on adjusted tangible shareholders' equity from continuing operations1   8.0 %   9.8 % Total net revenues $ 1,593,019   $ 1,738,203   Investment banking net revenues14 $ 7

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

Lastest from Businesswire - Wed, 03/26/2025 - 17:05
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of distributions for 131 exchange-traded fund(s) (each a “Fund,” collectively, the “Funds”) advised by FTA. The following dates apply to today's distribution declarations: Expected Ex-Dividend Date: March 27, 2025 Record Date: March 27, 2025 Payable Date: March 31, 2025 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount   ACTIVELY MANAGED EXCHANGE-TRADED FUNDS   First Trust Exchange-Tra

Axos Financial, Inc. to Announce Third Quarter Fiscal 2025 Results on April 30, 2025

Lastest from Businesswire - Wed, 03/26/2025 - 17:05
LAS VEGAS--(BUSINESS WIRE)--Axos Financial, Inc. (NYSE: AX) (“Axos” or the "Company”), holding company for Axos Bank, Axos Clearing LLC, and Axos Invest, Inc., announced today that it will host a conference call on Wednesday, April 30, 2025 at 5:00 PM ET (2:00 PM PT) to discuss financial results for the third quarter of fiscal year 2025 ended March 31, 2025. Executive management will discuss the Company’s third quarter fiscal 2025 results on the call. The Company plans to distribute its earning

Verint Announces Q4 FYE 2025 Results

Lastest from Businesswire - Wed, 03/26/2025 - 17:05
MELVILLE, N.Y.--(BUSINESS WIRE)--Verint® (Nasdaq: VRNT), The CX Automation Company™, today announced results for the three months and year ended January 31, 2025 (FYE 2025). "We are pleased to finish the year with strong AI momentum, overachieving our Q4 FYE 2025 ARR guidance by $8 million, and are raising our Q4 FYE 2026 ARR guidance. We are also pleased with our record SaaS ACV bookings from new deals, representing 30% growth year-over-year, and better than expected Bundled SaaS Revenue, repr

BNY Mellon High Yield Strategies Fund Declares Dividend

Lastest from Businesswire - Wed, 03/26/2025 - 17:05
NEW YORK--(BUSINESS WIRE)--On March 26, 2025, the Board of Trustees of BNY Mellon High Yield Strategies Fund (NYSE: DHF) declared from net investment income a monthly cash dividend of $0.0175 per share of beneficial interest, payable on April 24, 2025, to shareholders of record at the close of business on April 9, 2025. The ex-dividend date is April 9, 2025. The previous dividend declared in February was $0.0175 per share of beneficial interest. Important Information BNY Mellon Investment Advis

United Security Bancshares Declares Quarterly Cash Dividend

Lastest from Businesswire - Wed, 03/26/2025 - 17:05
FRESNO, Calif.--(BUSINESS WIRE)--On March 25, 2025, the Board of Directors of United Security Bancshares (the “Company”) (NASDAQ: UBFO), the parent company of United Security Bank (the “Bank”), declared a regular quarterly cash dividend of $0.12 per share on the Company’s common stock. The dividend is payable on April 22, 2025, to shareholders of record as of April 7, 2025. About United Security Bancshares United Security Bancshares (NASDAQ: UBFO) is the holding company for United Security Bank

GERN INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Geron Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Lastest from Businesswire - Wed, 03/26/2025 - 17:05
NEW YORK--(BUSINESS WIRE)---- $GERN #ClassAction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Geron Corporation (“Geron” or “the Company”) (NASDAQ: GERN) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Geron securiti

ZYXI INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Zynex, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Lastest from Businesswire - Wed, 03/26/2025 - 17:05
NEW YORK--(BUSINESS WIRE)---- $ZYXI #ClassAction--Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Zynex, Inc. (“Zynex” or “the Company”) (NASDAQ: ZYXI) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Zynex securities be

Assurant Named One of America’s Most Innovative Companies by Fortune for Third Consecutive Year

Lastest from Businesswire - Wed, 03/26/2025 - 17:05
ATLANTA--(BUSINESS WIRE)--Assurant, Inc. (NYSE: AIZ), a premier global protection company that safeguards and services connected devices, homes and automobiles in partnership with the world’s leading brands, has been recognized on Fortune’s list of America’s Most Innovative Companies 2025. Presented by Fortune and Statista Inc., the world-leading statistics portal and industry ranking provider, this marks the third consecutive year Assurant has been honored with this prestigious recognition. Fo

PPTA INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Perpetua Resources Corp. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Lastest from Businesswire - Wed, 03/26/2025 - 17:05
NEW YORK--(BUSINESS WIRE)---- $PPTA #ClassAction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Perpetua Resources Corp. (“Perpetua” or “the Company”) (NASDAQ: PPTA) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Perp

Faruqi & Faruqi Reminds Perpetua Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 20, 2025 - PPTA

Lastest from Businesswire - Wed, 03/26/2025 - 17:05
NEW YORK--(BUSINESS WIRE)---- $PPTA #ClassAction--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Perpetua Resources Corp. (“Perpetua” or the “Company”) (NASDAQ: PPTA) and reminds investors of the May 20, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The

Securities Fraud Investigation Into Perpetua Resources Corp. (PPTA) Announced – Investors Who Lost Money Urged to Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm

Lastest from Businesswire - Wed, 03/26/2025 - 17:05
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Perpetua Resources Corp. (“Perpetua” or the “Company”) (NASDAQ: PPTA) investors concerning the Company’s possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON PERPETUA RESOURCES CORP. (PPTA), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. What Happen

Marcus & Millichap’s IPA Capital Markets Division Continues Canadian Expansion

Lastest from Businesswire - Wed, 03/26/2025 - 17:05
TORONTO--(BUSINESS WIRE)-- #apartmentmentinvestments--Marcus & Millichap’s IPA Capital Markets Division Continues Canadian Expansion

AM Best Assigns Credit Ratings to Biglari Reinsurance Ltd.; Removes Under Review Status for Credit Ratings of First Guard Insurance Company and Southern Pioneer Insurance Company

Lastest from Businesswire - Wed, 03/26/2025 - 17:05
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Financial Strength Rating (FSR) of A (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a+” (Excellent) to Biglari Reinsurance Ltd. (Bermuda). The outlook assigned to these Credit Ratings (ratings) is stable. Concurrently, AM Best has removed from under review with developing implications and affirmed the FSR of A (Excellent) and the Long-Term ICR of “a+” (Excellent) of First Guard Insurance Company (First Guard) (Scottsda

Announcing the Finalists for the Field Service Best-In-Class Awards

Lastest from Businesswire - Wed, 03/26/2025 - 17:05
NEW YORK--(BUSINESS WIRE)-- #FSPS--Field Service Palm Springs announces 2025 Best-In-Class Award finalists; winners revealed April 22 at JW Marriott Desert Springs during live ceremony.

Summit Bank Announces Appointment of Steve Ritchie to Eugene & Springfield Advisory Board

Lastest from Businesswire - Wed, 03/26/2025 - 14:05
EUGENE, Ore.--(BUSINESS WIRE)--Summit Bank is pleased to announce the appointment of Steve Ritchie, CPA, CFE, and Managing Partner at Kernutt Stokes, to its Eugene & Springfield Advisory Board. Ritchie brings a wealth of accounting, finance, and business leadership expertise to strengthen Summit Bank's commitment to exceptional service, fiscal responsibility, and sustainable growth. With more than two decades of industry experience, Ritchie began his career managing his family's business be

Perpetua Resources Corp. (PPTA) Investors Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation

Lastest from Businesswire - Wed, 03/26/2025 - 14:05
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Perpetua Resources Corp. (“Perpetua” or the “Company”) (NASDAQ: PPTA) investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN PERPETUA RESOURCES CORP. (PPTA), 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

Theresa Conroy Joins Eastern Bank As Senior Vice President, Commercial Banking Relationship Manager

Lastest from Businesswire - Wed, 03/26/2025 - 14:05
BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to welcome Theresa Conroy as a Senior Vice President, Commercial Banking Relationship Manager. Ms. Conroy brings 20 years of commercial and industrial lending experience to Regional and Middle Market companies. “It is a pleasure to welcome Theresa Conroy to Eastern Bank’s Commercial Banking team,” said Greg Buscone, Executive Vice President, Chief Commercial Banking Officer of Eastern Bank. “She takes the time to understand the needs of her clien

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