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AIG Completes Acquisitions of Strategic Minority Ownership Stakes in Convex Group and Onex Corporation

Lastest from Businesswire - Fri, 02/06/2026 - 18:36
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that it has completed the acquisitions of strategic minority ownership stakes in Convex Group Limited (“Convex”), a privately held, global specialty insurer, and Onex Corporation (“Onex”) (TSE: ONEX), a publicly traded global asset manager. Pursuant to these transactions, AIG has acquired an approximately 35% equity interest in Convex for approximately $2.1 billion, and a 9.9% ownership stake in Onex for a

Mid Penn Bancorp, Inc. and 1st Colonial Bancorp, Inc. Receive Regulatory Approvals for Merger

Lastest from Businesswire - Fri, 02/06/2026 - 18:36
HARRISBURG, Pa.--(BUSINESS WIRE)--Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQ: MPB), the parent company of Mid Penn Bank, and 1st Colonial Bancorp, Inc. (“1st Colonial”) (OTCPK: FCOB), the parent company of 1st Colonial Community Bank, announced today that they have received all required regulatory approvals to complete the previously announced transaction pursuant to which Mid Penn will acquire 1st Colonial in a cash and stock transaction valued at approximately $101 million. Pending receipt o

Acadia Realty Trust Announces Key Promotions and Changes to Management Team

Lastest from Businesswire - Fri, 02/06/2026 - 18:36
RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) today announced the year-end promotions for the following professionals to support its continued growth: AJ Levine has been promoted to Executive Vice President, Leasing and Development. In his role, Mr. Levine will continue to lead leasing and development initiatives while assuming oversight of the Company’s property management and marketing teams, further supporting the Company’s internal growth strategy.

Geneoscopy Wins Second Patent Trial and Appeal Board Decision, Invalidating All Challenged Claims of Exact Sciences’ ’746 Patent

Lastest from Businesswire - Fri, 02/06/2026 - 18:36
ST. LOUIS--(BUSINESS WIRE)--Geneoscopy, Inc., a life sciences company focused on developing diagnostic tests for the advancement of gastrointestinal health, today announced that the Patent Trial and Appeal Board (PTAB) of the U.S. Patent and Trademark Office has issued a Final Written Decision following inter partes review (IPR), finding all 10 challenged claims of Exact Sciences’ U.S. Patent No. 11,970,746 (the ’746 patent) unpatentable. This decision follows the PTAB’s July 2025 Final Written

Scott+Scott Attorneys at Law LLP Files Securities Class Action Against PomDoctor, Ltd. (NASDAQ: POM)

Lastest from Businesswire - Fri, 02/06/2026 - 15:36
NEW YORK--(BUSINESS WIRE)---- $POM #POM--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, today announced that it has filed a class action lawsuit against Defendants PomDoctor Ltd., Zhenyang Shi, Li Xu, Cogency Global, Joseph Stone Capital, LLC, and Marcum Asia CPAs, LLP (collectively, the “Defendants”). The action, which was filed in the U.S. District Court for the Southern District of New York and captioned Louie v. PomDoctor Ltd. et al., Ca

AM Best Affirms Credit Ratings of Prudential Financial, Inc. and Its Life/Health Subsidiaries

Lastest from Businesswire - Fri, 02/06/2026 - 15:36
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of the life/health insurance subsidiaries of Prudential Financial, Inc. (PFI) (Newark, NJ) [NYSE: PRU], collectively referred to as Prudential. Concurrently, AM Best has affirmed the Long-Term ICR of “a-” (Excellent) of PFI and all Long- and Short-Term Issue Credit Ratings (Long-Term IR; Short-Term IR) of the group.

AM Best Places Credit Ratings of Hanover Fire & Casualty Insurance Company Under Review With Negative Implications

Lastest from Businesswire - Fri, 02/06/2026 - 15:36
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has placed under review with negative implications the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Hanover Fire & Casualty Insurance Company (Hanover) (King of Prussia, PA). Hanover, a Pennsylvania-domiciled insurer, provides predominantly personal property lines of business including fire and other liability, burglary/theft, allied lines and homeowners. The company is being acquired by Mid-Hudson

INVESTOR DEADLINE: Former Smartsheet Inc. (SMAR) Shareholders with Substantial Holdings Have Opportunity to Lead Class Action Lawsuit, Robbins Geller Rudman & Dowd LLP Announces

Lastest from Businesswire - Fri, 02/06/2026 - 15:36
SAN DIEGO--(BUSINESS WIRE)---- $SMAR #SMAR--The Smartsheet class action alleges that former shareholders approved the company's Merger and received an unfair price due to a misleading Proxy.

Covenant Raises over $1.1 Billion for 12th Value-Add Fund, Affordable Housing Sidecar

Lastest from Businesswire - Fri, 02/06/2026 - 15:36
NASHVILLE, Tenn.--(BUSINESS WIRE)--Covenant Capital Group (“Covenant”), a leading value-add multifamily real estate investment firm, today announced the final close of Covenant Apartment Fund XII, L.P. (“Fund XII”) with $860.35 million in capital commitments—the largest fundraise in the firm’s 25-year history. In addition, Covenant created a sidecar vehicle for Fund XII, the Covenant Affordable Housing Fund, with $269.73 million in committed capital. The combined capital raised by Covenant for

Commerce Bancshares, Inc. Declares Cash Dividend on Common Stock

Lastest from Businesswire - Fri, 02/06/2026 - 15:36
KANSAS CITY, Mo.--(BUSINESS WIRE)--Commerce Bancshares, Inc. (NASDAQ: CBSH) announced today that its Board of Directors declared a quarterly dividend of $0.275 per share on the Company's common stock, which compares to the prior dividend of $0.262 as adjusted for the 5% stock dividend that was paid on December 16, 2025. This represents an increase in the quarterly dividend per share of 5% and marks the 58th consecutive year that the Company has increased its regular cash dividend per share. The

Securities Fraud Investigation Into Hub Group, Inc. (HUBG) Announced – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz

Lastest from Businesswire - Fri, 02/06/2026 - 15:36
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Hub Group, Inc. (“Hub Group” or the “Company”) (NASDAQ: HUBG) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON HUB GROUP, INC. (HUBG), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On January 5, 2026, Hub Group disclosed it had “identified an error tha

Sleeper Launches Prediction Markets, Powered by Kalshi

Lastest from Businesswire - Fri, 02/06/2026 - 15:36
NEW YORK--(BUSINESS WIRE)--Kalshi, the world’s largest prediction market, today announced an integration with sports app Sleeper to bring prediction markets directly to its platform. Sleeper’s 10 million users will now be able to trade prediction markets on sports, with an expanding selection of additional real-world event markets coming soon. For Kalshi, the Sleeper integration represents a continuation of the company’s distribution strategy, powering prediction markets across apps such as Rob

Securities Fraud Investigation Into Boston Scientific Corporation (BSX) Announced – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz

Lastest from Businesswire - Fri, 02/06/2026 - 15:36
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Boston Scientific Corporation (“Boston Scientific” or the “Company”) (NYSE: BSX) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON BOSTON SCIENTIFIC CORPORATION (BSX), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On February 4, 2026, Boston Scientific

Jury Delivers Unanimous Verdicts For De Tomaso Automobili, Dismissing Meritless Allegations

Lastest from Businesswire - Fri, 02/06/2026 - 15:36
NEW YORK--(BUSINESS WIRE)--De Tomaso Automobili secured unanimous jury verdicts in an action brought by former Chief Executive Officer Ryan Berris. In a 2023 federal action brought in the U.S. District Court of the Southern District of New York, Berris asserted a series of claims against De Tomaso, and its owner, Norman Choi. Berris alleged that he held an equity interest in the company, drove its revival and was forced out as part of an alleged fraudulent scheme. Berris claimed his complaint w

ACI Worldwide, Inc. To Release Financial Results for the Quarter and Year Ending December 31, 2025

Lastest from Businesswire - Fri, 02/06/2026 - 15:36
OMAHA, Neb.--(BUSINESS WIRE)--ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, announced today that it will report its financial results for the fourth quarter and full year 2025 on Thursday, February 26, 2026. Management will host a conference call at 8:30 a.m. Eastern time to discuss these results. Interested persons may access a real-time teleconference webcast at http://investor.aciworldwide.com/ To join the live audio call, please dial +1 (800) 715-9871, p

Deadline Approaching: BlackRock TCP Capital Corp. (TCPC) Shareholders Who Lost Money Urged To Contact Law Offices of Howard G. Smith

Lastest from Businesswire - Fri, 02/06/2026 - 12:36
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the upcoming April 6, 2026 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased BlackRock TCP Capital Corp. (“BlackRock” or the “Company”) (NASDAQ: TCPC) securities between November 6, 2024 and January 23, 2026, inclusive (the “Class Period”). IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN BLACKROCK TCP CAPITAL CORP. (TCPC), CONTACT THE LAW OFFICES OF HOWARD G. SMITH TO

Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm, Encourages Oracle Corporation (ORCL) Shareholders To Inquire About Securities Fraud Class Action

Lastest from Businesswire - Fri, 02/06/2026 - 12:36
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, announces that a securities fraud class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Oracle Corporation (“Oracle” or the “Company”) (NYSE: ORCL) securities between June 12, 2025 and December 16, 2025, inclusive (the “Class Period”). Oracle investors have until April 6, 2026 to file a lead plaintiff motion. IF YOU SUFFERED A LOSS ON YOUR

Law Offices of Howard G. Smith Encourages China Liberal Education Holdings Limited (CLEUF) Shareholders To Inquire About Securities Fraud Class Action

Lastest from Businesswire - Fri, 02/06/2026 - 12:36
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased China Liberal Education Holdings Limited (“CLEU” or the “Company”) (OTC: CLEUF) securities between January 22, 2025 and January 30, 2025, inclusive (the “Class Period”). CLEU investors have until March 31, 2026 to file a lead plaintiff motion. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN CHINA LIBERAL EDUCATION HOLDINGS LIMITED (CLEUF), CONTAC

Law Offices of Howard G. Smith Encourages Plug Power, Inc. (PLUG) Shareholders To Inquire About Securities Fraud Class Action

Lastest from Businesswire - Fri, 02/06/2026 - 12:36
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Plug Power, Inc. (“Plug Power” or the “Company”) (NASDAQ: PLUG) securities between January 17, 2025 and November 13, 2025, inclusive (the “Class Period”). Plug Power investors have until April 3, 2026 to file a lead plaintiff motion. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN PLUG POWER, INC. (PLUG), CONTACT THE LAW OFFICES OF HOWARD G. SMIT

Law Offices of Howard G. Smith Encourages Picard Medical, Inc. (PMI) Shareholders To Inquire About Securities Fraud Class Action

Lastest from Businesswire - Fri, 02/06/2026 - 12:36
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Picard Medical, Inc. (“Picard” or the “Company”) (NYSE: PMI) securities between September 2, 2025 and October 31, 2025, inclusive (the “Class Period”). Picard investors have until April 3, 2026 to file a lead plaintiff motion. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN PICARD MEDICAL, INC. (PMI), CONTACT THE LAW OFFICES OF HOWARD G. SMITH TO

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