Feed aggregator

Cantor Equity Partners II, Inc. Announces Pricing of Upsized $240 Million Initial Public Offering

Lastest from Businesswire - Thu, 05/01/2025 - 20:26
NEW YORK--(BUSINESS WIRE)--Cantor Equity Partners II, Inc. (Nasdaq: CEPT) (the “Company”) announced today the pricing of its upsized initial public offering of 24,000,000 Class A ordinary shares at $10.00 per share. The shares are expected to be listed on the Nasdaq Global Market under the symbol “CEPT” and begin trading on May 2, 2025. The offering is expected to close on May 5, 2025, subject to customary closing conditions. Cantor Fitzgerald & Co. is acting as the sole book-running manage

KBRA Assigns Preliminary Ratings to PMT Loan Trust 2025-INV5 (PMTLT 2025-INV5)

Lastest from Businesswire - Thu, 05/01/2025 - 20:26
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 62 classes of mortgage backed notes from PMT Loan Trust 2025-INV5 (PMTLT 2025-INV5), a prime RMBS transaction sponsored by PennyMac Corp. (PennyMac), an indirect, wholly-owned subsidiary of PennyMac Mortgage Investment Trust (PMT). PMTLT 2025-INV5 comprises 945 fixed-rate mortgages (FRMs) with an aggregate principal balance of $346.6 million as of the May 1, 2025 cut-off date. The underlying pool consists of agency-eligible loans th

PennyMac Financial Services, Inc. Announces Upsizing and Pricing of Private Offering of $850 Million of Senior Notes

Lastest from Businesswire - Thu, 05/01/2025 - 20:26
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) and its subsidiaries (the “Company”) today announced the pricing of its previously announced offering of $850 million aggregate principal amount of 6.875% Senior Notes due 2032 (the “Notes”). The offering size was increased from the previously announced offering size of $650 million aggregate principal amount of Notes. The Notes will bear interest at 6.875% per annum and will mature on May 15, 2032. Intere

Simplify Announces Four ETF Closures

Lastest from Businesswire - Thu, 05/01/2025 - 20:26
NEW YORK--(BUSINESS WIRE)--Simplify is announcing upcoming changes to its ETF product lineup.

KBRA Assigns Preliminary Ratings to OBX 2025-J1 Trust

Lastest from Businesswire - Thu, 05/01/2025 - 20:26
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 62 classes of mortgage pass-through notes from OBX 2025-J1 Trust, a $328.6 million prime RMBS transaction. The underlying collateral, comprising 276 fixed-rate, fully amortizing loans is characterized by moderate borrower equity, as evidenced by the WA original LTV of 71.9%, and has a WA original credit score of 776. KBRA’s rating approach incorporated loan-level analysis of the mortgage pool through its Residential Asset Loss Model

Simplify Announces Two ETF Closures

Lastest from Businesswire - Thu, 05/01/2025 - 20:26
NEW YORK--(BUSINESS WIRE)--Simplify is announcing upcoming changes to its ETF product lineup.

Moody’s Corporation to Present at the Barclays Americas Select Franchise Conference on May 7, 2025

Lastest from Businesswire - Thu, 05/01/2025 - 17:25
NEW YORK--(BUSINESS WIRE)--Moody’s Corporation (NYSE: MCO) announced today that Noémie Heuland, Chief Financial Officer, will speak at the Barclays Americas Select Franchise Conference on Wednesday, May 7, 2025. The presentation will begin at approximately 6:30 a.m. Eastern Time and will be webcast live. The webcast will be accessible at Moody’s Investor Relations website, ir.moodys.com. This event is conducted in compliance with Regulation FD. Senior management may use this content during subs

Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds

Lastest from Businesswire - Thu, 05/01/2025 - 17:25
BOSTON--(BUSINESS WIRE)--The following Eaton Vance closed-end funds (the “Funds”) announced distributions today as detailed below. Declaration – 5/1/2025 Ex-Date – 5/13/2025 Record – 5/13/2025 Payable – 5/23/2025   Municipal Bond Funds:           Fund   Ticker   Distribution   Change From Prior Distribution   Closing Market Price – 4/30/25   Distribution Rate at Market Price Eaton Vance California Municipal Income Trust   CEV   $0.0500   -   $9.76   6.15% Eaton Vance Municipal Income Trust   EV

OFS Capital Corporation Announces First Quarter 2025 Financial Results

Lastest from Businesswire - Thu, 05/01/2025 - 17:25
CHICAGO--(BUSINESS WIRE)--OFS Capital Corporation (Nasdaq: OFS) (“OFS Capital,” the “Company,” “we,” “us,” or “our”) today announced its financial results for the fiscal quarter ended March 31, 2025. FIRST QUARTER FINANCIAL HIGHLIGHTS Net investment income decreased to $0.26 per common share for the quarter ended March 31, 2025 from $0.30 per common share for the quarter ended December 31, 2024. Net loss on investments was $0.80 per common share for the quarter ended March 31, 2025. See additio

Sensus Healthcare Celebrates Skin Cancer Awareness Month by Promoting Awareness and Spotlighting its Patient-Friendly, Non-Invasive Treatments

Lastest from Businesswire - Thu, 05/01/2025 - 17:25
BOCA RATON, Fla.--(BUSINESS WIRE)--May is Skin Cancer Awareness Month and Sensus Healthcare, Inc. (Nasdaq: SRTS), a medical device company specializing in highly effective, non-invasive, minimally-invasive and cost-effective treatments for oncological and non-oncological skin conditions, is leveraging a wide range of activities to draw attention to the importance of prevention, early detection and treatment of the most common form of cancer that affects millions of people worldwide. Throughout

Webster Announces Increase to Common Stock Repurchase Authorization

Lastest from Businesswire - Thu, 05/01/2025 - 17:25
STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation (“the Company”) (NYSE:WBS), the holding company for Webster Bank, N.A., announced today that its Board of Directors increased the Company’s authority to repurchase shares of its common stock by $700,000,000 under its existing share repurchase program. The repurchase program permits shares to be repurchased in open market or private transactions, through block trades, and pursuant to any trading plan that may be adopted in accordanc

Citizens Financial Group, Inc. Declares Dividends on Preferred Stock

Lastest from Businesswire - Thu, 05/01/2025 - 17:25
PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) announced that its board of directors has declared the following dividends on its preferred stock payable on July 7, 2025, to preferred shareholders of record at the close of business on June 20, 2025: a quarterly cash dividend of $19.08295278 per share on CFG’s 6.000% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series B (CUSIP No. 174610AP0); a quarterly cash dividend of $19.47223056 per share on

JPMorganChase Files Form 10-Q for the Quarter Ended March 31, 2025

Lastest from Businesswire - Thu, 05/01/2025 - 17:25
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, 2025 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

Forge Global Holdings, Inc. to Report First Quarter Fiscal 2025 Financial Results on May 7th, 2025

Lastest from Businesswire - Thu, 05/01/2025 - 17:25
SAN FRANCISCO--(BUSINESS WIRE)--Forge Global Holdings, Inc. (“Forge”) (NYSE: FRGE), a leading provider of marketplace infrastructure, data services, and technology and investment solutions for the private market, today announced that it will report its full First Quarter Fiscal 2025 Financial Results Call on Wednesday, May 7th, 2025. Forge Preliminary 1Q25 Financial Results can be found here released on April 10th, 2025. Management will host a conference call and webcast at 8:00 a.m. Eastern Ti

AIG Reports Excellent First Quarter 2025 Results

Lastest from Businesswire - Thu, 05/01/2025 - 17:25
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today reported financial results for the first quarter ended March 31, 2025. “We are off to an excellent start in 2025. Despite a challenging catastrophe quarter that produced elevated losses for the industry, AIG delivered very strong results. This outcome underscores the effectiveness of our technical underwriting expertise and strategic use of reinsurance, positioning us within our expectations for the remainder of the

MFS Announces Closed-End Fund Distributions

Lastest from Businesswire - Thu, 05/01/2025 - 17:25
BOSTON--(BUSINESS WIRE)--MFS Announces Closed End Fund Distributions for May 2025

IFF Declares Dividend for Second Quarter 2025

Lastest from Businesswire - Thu, 05/01/2025 - 17:25
NEW YORK--(BUSINESS WIRE)---- $IFF--IFF (NYSE: IFF) announced that its Board of Directors has declared a regular quarterly cash dividend of $0.40 per share of its common stock, payable on July 11, 2025 to shareholders of record as of June 20, 2025. Welcome to IFF At IFF (NYSE: IFF), we make joy through science, creativity and heart. As the global leader in flavors, fragrances, food ingredients, health and biosciences, we deliver groundbreaking, sustainable innovations that elevate everyday products—adva

CBL Properties Announces a $25 Million Stock Repurchase Plan

Lastest from Businesswire - Thu, 05/01/2025 - 17:25
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE:CBL) today announced that its Board of Directors authorized a stock repurchase program for the Company to buy up to $25 million of its common stock. “The $25 million repurchase program allows us to allocate our capital to capture an attractive investment opportunity when our stock is trading at a significant discount,” said Stephen Lebovitz, chief executive officer. “This action, as well as the special dividend paid in March and attracti

Apple Hospitality REIT Reports Results of Operations for First Quarter 2025

Lastest from Businesswire - Thu, 05/01/2025 - 17:25
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Reports Results of Operations for First Quarter 2025

Camden Property Trust Announces First Quarter 2025 Operating Results

Lastest from Businesswire - Thu, 05/01/2025 - 17:25
HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) (the "Company") announced today operating results for the three months ended March 31, 2025. Net Income Attributable to Common Shareholders (“EPS”), Funds from Operations (“FFO”), Core Funds from Operations ("Core FFO"), and Core Adjusted Funds from Operations (“Core AFFO”) for the three months ended March 31, 2025 are detailed below. A reconciliation of EPS to FFO, Core FFO, and Core AFFO is included in the financial tables accompanyin

Pages