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AIG Announces Results and Upsizing of Its Tender Offers for Certain Outstanding Notes

Lastest from Businesswire - Mon, 06/09/2025 - 08:46
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced the results of its previously announced 10 separate offers (the “Offers”) to purchase for cash the notes of the series listed in the table below (collectively, the “Notes”) and that it has amended the Offers by increasing the applicable Maximum Purchase Consideration from $300 million to $455 million. The Offers were made pursuant to AIG’s Offer to Purchase, dated June 2, 2025 (the “Offer to Purchase”), wh

BlackRock Announces Board Approvals Seeking to Deliver Significant Scale Benefits to Municipal CEF Shareholders

Lastest from Businesswire - Mon, 06/09/2025 - 08:46
NEW YORK--(BUSINESS WIRE)---- $BFK--BlackRock Advisors, LLC announced today that each of the Boards of Directors/Trustees of each of the closed-end funds named below (each, a “Fund” and collectively, the “Funds”) has approved the following reorganizations and mergers (each, a “Reorganization” and collectively, the “Reorganizations”), as applicable: These include a number of previously approved reorganizations: 1-21-2025 Press Release. Reorganization of BlackRock Long-Term Municipal Advantage Trust (BTA)

The Navan Group Announces Leadership Appointments

Lastest from Businesswire - Mon, 06/09/2025 - 08:46
LONDON--(BUSINESS WIRE)--Navan, the all-in-one global travel and expense management platform, today announced the appointment of Nina Herold as CEO of Reed & Mackay, effective October 1, 2025. Herold will replace Fred Stratford, who will be retiring after 13 years with the company. In order to ensure a seamless transition, Herold will join Reed & Mackay at the beginning of August, before officially assuming the role of CEO in October. Since acquiring Reed & Mackay in 2021, Navan has

Eagle Point Income Company Inc. Announces Common Stock Repurchase Program

Lastest from Businesswire - Mon, 06/09/2025 - 08:46
GREENWICH, Conn.--(BUSINESS WIRE)---- $EIC--Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB, EICC) today announced that its board of directors has authorized a program to repurchase up to $50 million of the Company's common stock in the open market. The repurchase program will remain in effect until June 9, 2026, unless otherwise extended or earlier discontinued. The timing, manner, price and amount of any repurchases will depend on the Company’s stock price, market conditions, ap

BharCap Partners Closes Oversubscribed Fund II at $652 Million

Lastest from Businesswire - Mon, 06/09/2025 - 08:46
GREENWICH, Conn.--(BUSINESS WIRE)--BharCap Partners, LLC ("BharCap"), a private equity firm focused on the financial services sector, today announced the final closing of its second fund, BharCap Partners Fund II, LP (“Fund II”). Fund II was oversubscribed with $652 million in equity capital commitments, 30% above its $500 million target. BharCap has raised over $1.1 billion of committed equity capital through Fund II and affiliated co-investment vehicles. BharCap is led by founding partners Bh

TrueBlue Recognized for MSP Leadership by HRO Today on 2025 Baker’s Dozen

Lastest from Businesswire - Mon, 06/09/2025 - 08:46
TACOMA, Wash.--(BUSINESS WIRE)--TrueBlue (NYSE: TBI), a leading provider of specialized workforce solutions, today announced it has been recognized for its leadership in Managed Service Provider (MSP) solutions by HRO Today, following strong performance by its PeopleScout brand in the 2025 MSP Baker’s Dozen Customer Satisfaction Ratings. PeopleScout ranked No. 1 in both the Breadth of Service and Size of Deal categories, and No. 4 overall. “This recognition reflects the trust our clients place

ShopOne and its JV Partners Acquire Food Lion-Anchored Staples Mill Plaza in Richmond MSA

Lastest from Businesswire - Mon, 06/09/2025 - 08:46
NEW YORK--(BUSINESS WIRE)--ShopOne Centers REIT Inc. (“ShopOne”), a fully integrated U.S. retail shopping center investment, management, and operating platform, together with its joint venture partners Pantheon and a leading global institutional investor, announces the acquisition Staples Mill Plaza, a 70,147 square-foot grocery-anchored shopping center located in Richmond, Virginia. This acquisition marks ShopOne's second property in Virginia and its first in the Richmond MSA. Ideally situated

Racepoint Global Adds Children’s Music Fund to Client Roster

Lastest from Businesswire - Mon, 06/09/2025 - 08:46
BOSTON--(BUSINESS WIRE)--Today, earned-first creative agency, Racepoint Global, announced the addition of Children's Music Fund (CMF) to its client roster. The nonprofit organization is transforming pediatric care through Music Therapy for children facing serious medical conditions. Racepoint’s integrated marketing strategy will help to increase awareness of Children’s Music Funds’ mission, showcase patient stories and highlight the benefits of Music Therapy for children facing chronic conditio

Moelis & Company Announces Key Senior Leadership Changes

Lastest from Businesswire - Mon, 06/09/2025 - 08:46
NEW YORK--(BUSINESS WIRE)--Moelis & Company announces key senior leadership changes

Schwab Asset Management Reduces Fees on Four Equity Index ETFs and Announces Mutual Fund Share Splits

Lastest from Businesswire - Mon, 06/09/2025 - 08:46
WESTLAKE, Texas--(BUSINESS WIRE)--Schwab Asset Management announces reduction of operating expense ratios for 4 equity index ETFs and forward share splits on 6 Schwab mutual funds.

More Than Research: YCharts Powers Personalized Proposals at Scale

Lastest from Businesswire - Mon, 06/09/2025 - 08:46
CHICAGO--(BUSINESS WIRE)--YCharts enhances proposal workflows with tools for risk alignment, household-level planning, and AI-powered prep.

Leading Appellate Advocate Jeff Oldham Joins Jackson Walker to Chair Appellate Section

Lastest from Businesswire - Mon, 06/09/2025 - 08:46
AUSTIN, Texas--(BUSINESS WIRE)--Jackson Walker is proud to announce that Jeff Oldham, one of Texas’s most accomplished appellate lawyers, has joined the firm as a partner in our Austin and Houston offices and as firmwide chair of our appellate practice. Jeff’s arrival further strengthens Jackson Walker’s appellate section, following the recent addition of former Texas Supreme Court Chief Justice Nathan L. Hecht and building on the leadership of Justice Jennifer Caughey, who chaired the firm’s a

NCR Atleos Research Reveals Security and Complexity Management as Top Drivers for Network Infrastructure Investments

Lastest from Businesswire - Mon, 06/09/2025 - 08:46
ATLANTA--(BUSINESS WIRE)--NCR Atleos Corporation (NYSE: NATL) (“Atleos”) Telecom & Technology (T&T) Division today announced results from its recent survey that explored the factors IT leaders consider when making investment decisions about enterprise networking, including domains like LAN, WAN and network security. Data was obtained by Technology Business Research from an enterprise networking survey conducted in Q4 2024. For more on the survey, its findings and industry implications,

Suffolk Law Partners with Hotshot to Deliver GenAI Learning Track to All 1L Students

Lastest from Businesswire - Mon, 06/09/2025 - 08:46
BOSTON--(BUSINESS WIRE)--Suffolk University Law School today announced a partnership with Hotshot, a popular learning platform for lawyers, to integrate Hotshot’s AI content into its mandatory 1L curriculum for all first-year students. Beginning in the 2025-26 academic year, all first-year students will complete a custom Generative AI learning track as a required component of their Legal Practice Skills course, making Suffolk Law the first law school in the nation to mandate this Hotshot learni

Pattern Energy Announces Closing of Equity Investment from Consortium Headed by APG and ART

Lastest from Businesswire - Mon, 06/09/2025 - 08:46
SAN FRANCISCO--(BUSINESS WIRE)--Pattern Energy Group LP (Pattern Energy), a leader in renewable energy and transmission infrastructure, today announced that a consortium headed by APG Asset Management N.V. (APG), on behalf of the largest Dutch pension fund, ABP, and Australian Retirement Trust (ART) closed on Riverstone Holdings LLC’s (Riverstone) equity stake in the company. The previously announced investment has received all required approvals, and the consortium is now an owner in Pattern E

Ellington Credit Declares Monthly Common Dividend

Lastest from Businesswire - Mon, 06/09/2025 - 08:46
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) ("we" or the "Fund") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on July 31, 2025 to shareholders of record as of June 30, 2025. Cautionary Statement Regarding Forward-Looking Statements This release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-lookin

Ellington Financial Declares Common and Preferred Dividends

Lastest from Businesswire - Mon, 06/09/2025 - 08:46
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) ("we") today announced that its Board of Directors has declared the following: (i) a monthly dividend of $0.13 per share of common stock, payable on July 31, 2025 to common stockholders of record as of June 30, 2025; (ii) a quarterly dividend of $0.615341 per share on the Company's Series A Floating Rate Cumulative Redeemable Preferred Stock, payable on July 30, 2025 to Series A preferred stockholders of record as of Ju

Cross River Launches Request for Payment (RfP) to Power Smarter, Real-Time Money Movement

Lastest from Businesswire - Mon, 06/09/2025 - 08:46
FORT LEE, N.J.--(BUSINESS WIRE)--Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded finance solutions, announced the launch of Request for Payment (RfP), a transformative addition to its growing suite of instant payment capabilities. The capability will streamline inbound money movement and enhance funding agility across the Real-Time Payments (RTP)® network. Plaid will be the first to implement the feature, unlocking instant purchases through its bank p

Julio Zambrana Serves as VP of Marketing at ARDRI, Bringing 20+ Years of Industry Expertise

Lastest from Businesswire - Mon, 06/09/2025 - 08:46
CALABASAS, Calif.--(BUSINESS WIRE)-- #BusinessPurposeLending--ARDRI, a technology-driven Non-QM and Business Purpose lender, is proud to highlight Julio Zambrana, who has been serving as Vice President of Marketing since December. In this role, Julio leads strategic marketing initiatives and drives brand growth for ARDRI. With over 20 years of experience in digital marketing and communications within the financial services industry, he plays a key role in advancing ARDRI’s mission to simplify Non-QM lending through inno

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