Lastest from Businesswire

SAN FRANCISCO--(BUSINESS WIRE)--Andersen Group Inc. (“Andersen”) today announced the closing of its initial public offering of 12,650,000 shares of its Class A common stock.

CENTER VALLEY, Pa.--(BUSINESS WIRE)--Shift4 (NYSE: FOUR), a global leader in integrated payments and commerce technology, is thrilled to announce the appointment of the company’s founder Jared Isaacman to serve as the 15th Administrator of the National Aeronautics and Space Administrator (NASA). Upon his confirmation, Mr. Isaacman resigned as the Executive Chairman of the company’s Board of Directors. CEO Taylor Lauber has been appointed as Chairman of the Board of Directors. “We are thrilled f

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Coupang, Inc. (NYSE: CPNG) between August 6, 2025 and December 16, 2025, both dates inclusive (the “Class Period”). The lawsuit seeks to recover damages for Coupang investors under the federal securities laws. To join the Coupang class action, go to https://rosenlegal.com/submit-form/?case_id=8383 or call Phillip Kim, Esq. toll-

SAN FRANCISCO--(BUSINESS WIRE)--Advocacy today announced the release of Version 2.0 of its platform, significantly expanding the industry’s first context-centric AI litigation workspace. While the broader market is only beginning to recognize the necessity of context in legal AI, Advocacy has been architecting its platform around this requirement for the past 18 months. Version 2.0 takes the platform’s established “case memory,” previously centralized in its AI assistant, and extends that intel

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases research examining securitizations backed by debt settlement fees, a newly emerging ABS subsector that builds on the established debt settlement ecosystem. This report analyzes the structure and life cycle of debt settlement fees, the distinction between earned and unearned fee cash flows, and the credit, operational, and regulatory risks associated with securitizing these assets. The report also explores how acceleration loans can affect the timing and

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) (“PMT” or the “Company”) today announced that its indirect wholly-owned subsidiary, PennyMac Corp. (“PMC”), has priced an offering of $75 million aggregate principal amount of its 8.500% Exchangeable Senior Notes due 2029 (the “Notes”) to an investor in a direct placement registered under the Securities Act of 1933, as amended. The Notes will be issued as a further reopening of, and will be part of the sam

RENO, Nev.--(BUSINESS WIRE)-- #customerexperience--Qualified Digital (QD), a leading full-service digital business and experience agency, announced the launch of its AI-assisted migration accelerator, designed to dramatically speed up the transition to the Adobe Experience Platform Web SDK. This innovative solution transforms what has traditionally been a manual, resource-intensive process into a lightning-fast, streamlined deployment. The new accelerator is specifically engineered to address the common bottlenecks

BOZEMAN, Mont.--(BUSINESS WIRE)--Destra Multi-Alternative Fund (NYSE: DMA) today announced that shareholders have approved the proposal presented at the Fund’s Special Meeting of Shareholders, with approximately 79% of votes cast in favor of the proposal. The approved proposal revises the Fund’s fundamental policy regarding industry concentration, removing the requirement that the Fund invest more than 25% of its net assets in securities of companies within the real estate industry. The change

LEHI, Utah & LOS ANGELES--(BUSINESS WIRE)--Pattern Group acquires NextWave, expanding AI-driven TikTok commerce capabilities.

BRISBANE, Calif.--(BUSINESS WIRE)--CareDx, Inc. (Nasdaq: CDNA) today provided notice of proposed settlement of derivative actions and settlement hearing. UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA JEFFREY EDELMAN, JAYSEN Case No. 3:25-cv-02036-TLT STEVENSON, and CHRISTIAN JACOBSEN, (Shareholder Derivative Action) Derivatively on Behalf of CareDx, Inc.,     SUMMARY NOTICE OF PENDENCY AND PROPOSED SETTLEMENT OF SHAREHOLDER DERIVATIVE ACTION Plaintiffs,   v.   GEORGE BICKERSTAFF,

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Performance Assessment (assessment) of PA-3 (Strong) to Across America Insurance Services, Inc. (AAIS) (Riverside, CA). The outlook assigned to the assessment is stable. The assessment reflects AAIS’ strong underwriting capabilities, strong governance and internal controls, strong financial condition, strong organizational talent and strong depth and breadth of relationships. AAIS is a managing general agent that operates as a unique wholes

LOS ANGELES--(BUSINESS WIRE)--Air Lease (NYSE: AL) announced today that its Class A common stockholders have voted to approve the previously announced definitive merger agreement, dated as of September 1, 2025, pursuant to which Air Lease will be acquired by a new holding company named Sumisho Air Lease Corporation DAC, based in Dublin, Ireland, whose shares will be held by Sumitomo Corporation, SMBC Aviation Capital Limited, and investment vehicles affiliated with Apollo managed funds and Broo

NEW YORK--(BUSINESS WIRE)--The Central and Eastern Europe Fund, Inc. (NYSE: CEE), The New Germany Fund, Inc. (NYSE: GF) and The European Equity Fund, Inc. (NYSE: EEA) (each, a “Fund,” and collectively, the “Funds”) each announced today that its Board of Directors declared the distributions set forth below. Each Fund’s total distributions will be paid in stock except that any stockholder of record as of December 30, 2025, may elect to receive such distribution in cash. Details for each Fund’s 20

NEW YORK--(BUSINESS WIRE)--In addition to its regular monthly distribution, DWS Municipal Income Trust announced today a taxable short-term capital gain distribution per common share. The Fund has both common and preferred shares outstanding. In accordance with a position taken by the Internal Revenue Service, the Fund is required to allocate a proportionate share of distributions designated as taxable to both its common and preferred shares. Details are as follows: Declaration – 12/18/2025 Ex-

CHICAGO--(BUSINESS WIRE)--Shareholders of the Nuveen Select Tax-Free Income Portfolio (NYSE: NXP), Nuveen California Select Tax-Free Income Portfolio (NYSE: NXC), and Nuveen New York Select Tax-Free Income Portfolio (NYSE: NXN) have approved the funds’ reorganization. The reorganization will combine NXC and NXN into NXP. Subject to the satisfaction of certain customary closing conditions, the transactions are expected to become effective before the market opens on January 12, 2026. The monthly

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced a quarterly cash dividend of $0.84 per share of common stock, payable on January 12, 2026 to common shareholders of record at the close of business on January 2, 2026. About State Street Corporation State Street Corporation (NYSE: STT) is one of the world's leading providers of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $

HOUSTON--(BUSINESS WIRE)--Mark Lashier, chairman and CEO of Phillips 66, will participate in a fireside chat at the Goldman Sachs Energy, CleanTech & Utilities Conference.

NEW YORK--(BUSINESS WIRE)--Perfect Corp., the leading AI and AR beauty and fashion technology provider and developer of ‘Beautiful AI’ solutions, released its latest trend report, AI Goes Mainstream: The New Era of Holiday Shopping, uncovering how consumers are increasingly relying on AI to shop smarter, spend more intentionally, and discover products with confidence during the holiday season and beyond. The report draws on insights from Perfect Corp.’s YouCam Suite of Apps and the Spate Popula

DENVER--(BUSINESS WIRE)--The Board of Trustees (the “Board”) of Principal Real Estate Income Fund (the “Fund”), announced today that it has approved a renewal of the Fund’s share repurchase program. Under the share repurchase program, the Fund may purchase up to approximately 2.1% of its outstanding common shares beginning January 21, 2026, in the open market, until January 21, 2027. As part of its evaluation of options to enhance shareholder value, the Board has authorized ALPS Advisors, Inc.

NEW YORK--(BUSINESS WIRE)--The Board of Directors of Chimera Investment Corporation announced the declaration of its fourth quarter cash dividend of $0.37 per common share. The dividend is payable on January 30, 2026 to common stockholders of record on December 31, 2025. The ex-dividend date is December 31, 2025. About Chimera Investment Corporation Chimera is a publicly traded real estate investment trust, or REIT, whose principal business objective is to provide attractive risk-adjusted retur