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Pioneer Investments Declares Monthly Distributions For Six Pioneer Closed-End Funds
BOSTON--(BUSINESS WIRE)--Pioneer Investments today announced the declaration of dividends for six Pioneer closed-end funds for May 2025. Ex-Date: May 16, 2025 Record Date: May 16, 2025 Payable: May 30, 2025 Ticker Taxable Funds Distribution Per Share Change From Previous Month HNW Pioneer Diversified High Income Fund, Inc. $0.1000 - PHD Pioneer Floating Rate Fund, Inc. $0.07501 - PHT Pioneer High Income Fund, Inc. $0.0550 - Ticker Tax-Exempt Funds Distribution Per Share Change From Previous M
Semrush Strengthens Leadership with Appointment of Caroline Tsay to Board of Directors
BOSTON--(BUSINESS WIRE)--Semrush Holdings, Inc. (NYSE: SEMR), a leading online visibility management SaaS platform, appointed Caroline Tsay to its Board as an independent director effective May 1, 2025. Ms. Tsay will become the ninth director of the Board. “We are delighted to have Caroline join our Board,” said CEO of Semrush, Bill Wagner. “Caroline brings a wealth of highly relevant technology, product, and marketing expertise to our Board. Caroline’s growth mindset and her extensive experien
Liftoff Announces Minority Growth Equity Investment from General Atlantic at $4.3 Billion Valuation
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Liftoff, a global leader in performance marketing and monetization solutions for the app economy, today announced that private equity funds managed by Blackstone (“Blackstone”) signed an agreement to sell a minority stake in Liftoff to General Atlantic, a leading global investor. As part of the terms of the transaction, long-time investor Blackstone will remain as the majority shareholder. Liftoff is a leading AI-enabled end-to-end platform that enables mo
Corebridge Financial Announces First Quarter 2025 Results
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. ("Corebridge" or the "Company") (NYSE: CRBG) today reported financial results for the first quarter ended March 31, 2025. Kevin Hogan, President and Chief Executive Officer, said, "Corebridge generated strong earnings and delivered attractive capital return over the first quarter, executing on our strategic priorities. Our capital, liquidity and financial flexibility position us well to navigate the current environment. "We reported operating
Spencer Lee to Join MarketAxess as Head of Client Products, Americas
NEW YORK--(BUSINESS WIRE)---- $MTKX--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced the appointment of Spencer Lee as Head of Client Product, Americas. As Head of Client Product in the Americas, Mr. Lee will be responsible for the business and product management across U.S. high-grade, U.S. high-yield, municipals, dealer and client solutions, as well as MarketAxess X-Pro, the company’s next generation trading pl
New Mountain Finance Corporation Announces Financial Results for the Quarter Ended March 31, 2025
NEW YORK--(BUSINESS WIRE)--New Mountain Finance Corporation (NASDAQ: NMFC) (“New Mountain,” “New Mountain Finance” or the “Company”) today announced its financial results for the quarter ended March 31, 2025. First Quarter and Recent Highlights1 Net investment income of $34.5 million, or $0.32 per weighted average share Net asset value of $12.45 per share compared to $12.55 per share as of December 31, 2024 Sustained strong credit performance with ~96.5% of the portfolio rated green Reduced cos
Crawford & Company Reports 2025 First Quarter Results
ATLANTA--(BUSINESS WIRE)-- #earnings--Crawford & Company® (NYSE: CRD-A and CRD-B), is pleased to announce its financial results for the first quarter ended March 31, 2025. Revenues before reimbursements increased 3% to $312.0 million in the 2025 first quarter from $301.7 million in the 2024 first quarter. First quarter net income was $6.7 million, or $0.13 per diluted share for CRD-A and CRD-B, compared to $2.8 million, or $0.06 per diluted share for CRD-A and CRD-B in the prior year quarter. GAAP Cons
Cartesian Growth Corporation III Announces Closing of $276 Million Initial Public Offering
NEW YORK--(BUSINESS WIRE)--Cartesian Growth Corporation III (the “Company”) announced today the closing of its initial public offering of 27,600,000 units, including 3,600,000 units pursuant to the exercise of the underwriters’ over-allotment option. The offering was priced at $10.00 per unit generating total gross proceeds of $276,000,000. The Company’s sponsor is an affiliate of Cartesian Capital Group, LLC, a global private equity firm specializing in providing growth capital to transnationa
FiscalNote to Report First Quarter 2025 Financial Results & Host Conference Call on May 12, 2025
WASHINGTON--(BUSINESS WIRE)--FiscalNote to Report First Quarter 2025 Financial Results & Host Conference Call on May 12, 2025
CRH Continues Share Buyback Program
NEW YORK--(BUSINESS WIRE)--CRH (NYSE: CRH), the leading provider of building materials solutions, is pleased to announce that it has completed the latest phase of its share buyback program, returning a further $0.3 billion of cash to shareholders. Between February 27, 2025 and May 2, 2025, 3.3 million ordinary shares listed on the New York Stock Exchange were repurchased. This brings total cash returned to shareholders under our ongoing share buyback program to $8.8 billion since its commenceme
LTC Reports 2025 First Quarter Results
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties, Inc. (NYSE: LTC) (“LTC” or the “Company”), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced operating results for the first quarter ended March 31, 2025. Three Months Ended March 31, (unaudited, amounts in thousands, except per share data) 2025 2024 Total revenues $ 49,031 $ 51,366 Net income available to common stockholders $ 20,517 $
Diversified Healthcare Trust Announces First Quarter 2025 Results
NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced its financial results for the quarter ended March 31, 2025, which can be found at the Quarterly Reports section of DHC's website at https://www.dhcreit.com/investors/financial-information/quarterly/default.aspx. A conference call to discuss DHC's first quarter 2025 financial results will be held on Tuesday, May 6, 2025 at 10:00 a.m. Eastern Time. The conference call may be accessed by dialing (877) 329-42
KBRA Releases Research – A Decade of Solar Loan ABS: Trends and Developments
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases research examining solar loan ABS performance across its history. The first residential solar loan-backed securitization came to market in early 2016, and nearly a decade later, the sector has grown into a mainstream ABS product. Solar loan ABS offers longer-duration exposure compared to most other consumer ABS asset classes and is broadly viewed as compatible with environmental, social, and governance (ESG) goals, with the underlying loans enabling home
Golub Capital BDC, Inc. Announces Fiscal Year 2025 Second Quarter Financial Results
NEW YORK--(BUSINESS WIRE)--Golub Capital BDC, Inc., a business development company (Nasdaq: GBDC), today announced its financial results for its second fiscal quarter ended March 31, 2025. Except where the context suggests otherwise, the terms “we,” “us,” “our,” and “Company” refer to Golub Capital BDC, Inc. and its consolidated subsidiaries. “GC Advisors” refers to GC Advisors LLC, our investment adviser. SELECTED FINANCIAL HIGHLIGHTS (in thousands, except per share data) M
Paymentus Reports First Quarter 2025 Financial Results
CHARLOTTE, N.C.--(BUSINESS WIRE)--Paymentus Holdings, Inc. (“Paymentus”) (NYSE: PAY), a leading provider of cloud-based bill payment technology and solutions, today announced its unaudited financial results for the quarter ended March 31, 2025. “Paymentus started 2025 on strong footing, with year-over-year growth in revenue, contribution profit and adjusted EBITDA of 48.9%, 26.3% and 51.3%, respectively. This momentum continues to be driven by higher transaction activity from both new and exist
Air Lease Announces First Quarter 2025 Results
LOS ANGELES--(BUSINESS WIRE)--Air Lease (NYSE: AL) announces financial results for the three months ended March 31, 2025. “AL had a strong quarter with fleet expansion, healthy sales gains, significant insurance settlements related to our aircraft in Russia, and achieving our target debt to equity ratio which now allows us to consider all capital allocation opportunities. To date, we have no aircraft delivering to any country that has announced reciprocal tariffs applicable to aircraft. We cont
Limbach Holdings, Inc. Reports First Quarter 2025 Results
WARRENDALE, Pa.--(BUSINESS WIRE)--Limbach Holdings, Inc. (Nasdaq: LMB) (“Limbach” or the “Company”) today announced its financial results for the quarter ended March 31, 2025. First Quarter 2025 Highlights Compared to First Quarter 2024 Total revenue was $133.1 million, an increase of 11.9% from $119.0 million. Record quarterly net income of $10.2 million, or $0.85 per diluted share, compared to $7.6 million, or $0.64 per diluted share. Adjusted net income of $13.5 million, or $1.12 per adjuste
TrueBlue Reports First Quarter 2025 Results
TACOMA, Wash.--(BUSINESS WIRE)--TrueBlue (NYSE:TBI) today announced its first quarter results for 2025. First Quarter 2025 Financial Highlights Revenue of $370 million compared to $403 million in the prior year period $11 million of inorganic revenue from the January 31st acquisition of HSP Net loss of $14 million compared to net loss of $2 million in the prior year period SG&A expense improved by 12 percent to $95 million compared to $107 million in the prior year period Adjusted EBITDA1 o
BILL Expands Executive Leadership Team with Technology Industry Leader Mike Cieri as EVP, GM of Software Solutions
SAN JOSE, Calif.--(BUSINESS WIRE)--BILL (NYSE: BILL), a leading financial operations platform for small and midsize businesses (SMBs), today announced Mike Cieri has joined as EVP, GM of Software Solutions. As a member of the executive leadership team, Cieri will lead and drive software strategy across the BILL platform, reporting directly to CEO and Founder, René Lacerte. “Software is at the heart of our BILL innovation agenda. It’s the ‘front door’ for how we deliver technology for almost hal
EY US Unveils John Hanighen of Cloyes Gear & Products as an Entrepreneur Of The Year® 2025 Southwest Award Finalist
FORT SMITH, Ark.--(BUSINESS WIRE)--Ernst & Young LLP (EY US) announced the finalists for the prestigious Entrepreneur Of The Year 2025 Southwest Award. Now in its 40th year, the Entrepreneur Of The Year program celebrates the bold leaders who disrupt markets through the world’s most ground-breaking companies, revolutionizing industries and making a profound impact on communities. The program honors bold entrepreneurs whose innovations shape the future and pave the way for a thriving economy