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BRW Announces $0.085 Dividend
NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund (NYSE: BRW) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, declared a monthly dividend of $0.085 per share on June 30, 2025, payable on July 31, 2025 to shareholders of record as of July 9, 2025. Managed Distribution Plan. The above distribution was declared in accordance with the Fund’s currently effective managed distribution plan (the “Plan”), whereby the Fund w
SABA Announces $0.058 Dividend
NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, declared a monthly dividend of $0.058 per share on June 30, 2025, payable on July 31, 2025 to shareholders of record as of July 9, 2025. Managed Distribution Plan. The above distribution was declared in accordance with the Fund’s currently effective managed distribution plan (the “Plan”), whereby the Fu
June’s Zeta Economic Index Highlights Consumer Recalibration as Retail Cools
NEW YORK--(BUSINESS WIRE)--Zeta Global (NYSE: ZETA), the AI Marketing Cloud, today released the Zeta Economic Index (ZEI) for June 2025, which reveals U.S. consumers in a holding pattern as macro risks mount. With the trade war pause nearing its end, the headline Economic Index Score slipped to 68.0, a 1.3% month-over-month (MoM) decline – even as the Economic Stability Index held at 65.8, underscoring that households are staying financially steady amid rising geopolitical uncertainty. Powered
Webster Financial Corporation Appoints Chief Risk Officer; Names New Board Member
STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation (“Webster” or “the Company”) (NYSE: WBS), the holding company, for Webster Bank, N.A., (the “Bank”) announced its Board of Directors approved both the appointment of Jason E. Schugel, as Chief Risk Officer (CRO) and Executive Vice President, and the appointment of Frederick (Fred) J. Crawford, as an independent member of the Board of Directors of the Company and the Bank. Schugel’s appointment, effective July 14, follows current Ex
Intuit Introduces Ground-Breaking Virtual Team of AI Agents to Fuel Growth for Businesses
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, today announced a transformative set of proactive Intuit AI agents that will dramatically improve how businesses run and grow. These agents will automate workflows and when combined with human experts will deliver real-time insights and improve cash flow for businesses. The new AI agents, embedded in the Intuit platform
U.S. Small Business Employment Holds Steady Through First Half of 2025
ROCHESTER, N.Y.--(BUSINESS WIRE)---- $PAYX #employmenttrends--The small business labor market has remained stable with minimal changes observed through the first half of 2025, according to the Paychex Small Business Employment Watch. The pace of job growth in U.S. businesses with fewer than 50 employees has fluctuated less than half a percentage point over the last six months, reporting a 99.65 index level for June. At the same time, hourly earnings growth for small business workers continued to trend below three percent
Allegion Finalizes Acquisition of Leading Readers and Credentials Provider ELATEC
DUBLIN--(BUSINESS WIRE)--Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, through one of its subsidiaries, has completed the acquisition of ELATEC, including Elatec GmbH and other group entities, ("ELATEC") from Summit Partners for €330 million on a cash-free, debt-free basis. About Allegion At Allegion (NYSE: ALLE), we design and manufacture innovative security and access solutions that help keep people safe where they live, learn, work and connect. We’re p
The New York Stock Exchange Leads Globally with over $60BN in Total Capital Raised During First Half of 2025
NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today reported an industry-leading $61 billion in total capital raised during the first half of 2025, up nearly 40% versus the same period last year. During the first half of 2025, the NYSE led the industry with an additional $187 billion added to its community’s total market cap. The NYSE has listed the largest IPO by capital raised with
MSCI Schedules Earnings Call to Review Second Quarter 2025 Results
NEW YORK--(BUSINESS WIRE)--MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, announced today that it will release its results for the second quarter 2025 on Tuesday, July 22, 2025, before the market opens. A copy of the earnings release, as well as an earnings presentation and a quarterly update, will be made available on MSCI’s Investor Relations website. MSCI’s senior management will review the second quarter 2025 r
Citigroup Announces €1.75 Billion Redemption of 1.250% Fixed Rate/Floating Rate Notes Due 2026
NEW YORK--(BUSINESS WIRE)--Citigroup Inc. is announcing the redemption, in whole, constituting €1,750,000,000 of its 1.250% Fixed Rate/Floating Rate Notes due 2026 (the “notes”) (ISIN: XS2167003685). The redemption date for the notes is July 6, 2025 (the “redemption date”). The cash redemption price for the notes payable on the redemption date will equal par plus accrued and unpaid interest, to but excluding, the redemption date and will be paid on July 7, 2025, the next succeeding business day
Pritzker Private Capital Completes Acquisition of Buckman
CHICAGO--(BUSINESS WIRE)--Pritzker Private Capital (“PPC” or “the firm”), a leader in family direct investing, today announced the completion of its previously announced acquisition of Buckman (“the company”), a family-owned innovator in specialty solutions for water treatment and industrial processes. PPC’s partnership will provide additional financial resources and operational expertise to support the company’s growth, market expansion and product innovation. With operations in more than 90 c
Hartree Partners Announces Closing of Acquisition of ED&F Man Commodities
NEW YORK & LONDON--(BUSINESS WIRE)--Hartree Partners, LP (“Hartree”), a global energy and commodities trading company, today announced the closing of its acquisition of ED&F Man Commodities’ four core business units: Volcafe (coffee), ED&F Man Liquid Products (molasses, animal feeds, and fish oil), ED&F Man Sugar, and ED&F Man Cotton. The closing follows the acquisition of the majority of ED&F Man’s outstanding A2 and B1 Senior Secured Legacy Debt and the satisfaction of all
Emagine IT Appoints Cedric Sims as Chief Executive Officer
BETHESDA, Md.--(BUSINESS WIRE)--Emagine IT (EIT), a leading provider of innovative technology solutions, has appointed Cedric Sims as its new Chief Executive Officer, effective today. "Cedric’s leadership marks an exciting new chapter for EIT. His strategic vision and proven track record will strengthen our position in the govtech space while driving innovation, efficiency, and impact for our customers," said Aamir Saleem, Founder & Outgoing CEO, EIT. "I have full confidence that under his
EY US announces Dani Austin and Jordan Ramirez of Divi Official, Inc. as an Entrepreneur Of The Year® 2025 Southwest Award winner
DALLAS--(BUSINESS WIRE)--Ernst & Young LLP (EY US) today announced that Divi Official, Inc. founders Dani Austin and Jordan Ramirez have been named Entrepreneur Of The Year® 2025 Southwest Award winners. Now in its 40th year, Entrepreneur Of The Year is the premier competitive awards program honoring entrepreneurs and leaders of high-growth companies. The program celebrates visionary founders who are transforming industries, shaping communities, and creating lasting value. Dani and Jordan w
Alliant Insurance Services Ranks Fifth in the U.S. and Globally on Business Insurance Largest Brokers Lists
IRVINE, Calif.--(BUSINESS WIRE)-- #AlliantInsurance--Alliant Insurance Services has ranked fifth in the U.S. and globally on Business Insurance's Largest Brokers lists.
Egan-Jones Supports Case for Urgent Board Renewal at Brookdale Senior Living Inc. and Recommends a Vote FOR All Six Ortelius Nominees
NEW YORK--(BUSINESS WIRE)--Ortelius Advisors, L.P. (“Ortelius”) today announced that independent proxy advisory firm, Egan-Jones Ratings Company (“Egan-Jones”), has recommended that stockholders vote FOR the election of all six Ortelius nominees to the Brookdale Senior Living Inc. (NYSE: BKD) (“Brookdale” or “Company”) Board of Directors, on the WHITE Ortelius proxy card, at the upcoming 2025 Annual Meeting of Stockholders. The recommendation from Egan-Jones builds on supportive commentary alre
AllianzIM Launches Quarterly Reset Buffered ETFs to Enhance Risk Management Flexibility
MINNEAPOLIS--(BUSINESS WIRE)--Allianz Investment Management LLC (AllianzIM), a subsidiary of Allianz Life Insurance Company of North America and adviser to the AllianzIM exchange-traded funds (ETFs), today announced the launch of two ETFs: the AllianzIM U.S. Equity Buffer100 Protection ETF (Cboe: AIOO) and the AllianzIM U.S. Equity Buffer15 ETF (Cboe: QBSF). Built on AllianzIM’s deep expertise in risk management, both AIOO and QBSF are designed to reset quarterly, which enable investors to refr
Tailor Expands Series A to $22M with Private-Public Support
SAN FRANCISCO--(BUSINESS WIRE)-- #AI--Headless ERP platform Tailor announces additional $8 million in Series A funding from NEA and JIC VGI, bringing total raised to $22 million.
Valley National Bancorp Announces New General Counsel
MORRISTOWN, N.J.--(BUSINESS WIRE)--Valley National Bancorp announced that Lyndsey Sloan has joined the company as Senior Executive Vice President, General Counsel.
LMP Capital and Income Fund Inc. (SCD or “the Fund”; CUSIP: 50208A102) Announces Notification of Sources of Distributions
NEW YORK--(BUSINESS WIRE)--Category: Distribution Related