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KBRA Releases Research – CMBS Loan Performance Trends: May 2025

Lastest from Businesswire - Fri, 05/30/2025 - 14:41
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases a report on U.S. commercial mortgage-backed securities (CMBS) loan performance trends observed in the May 2025 servicer reporting period. The delinquency rate among KBRA-rated U.S. private label CMBS in May increased to 7.4% from 7.1% in April. The total delinquent plus current but specially serviced loan rate (collectively, the distress rate) increased 85 basis points (bps) to 10.9%. Office and mixed-use sectors saw significant increases to their distre

URGN BREAKING NEWS: UroGen Pharma Ltd. Stock Plummets 45% Triggering Shareholder Class Action – Contact BFA Law if You Lost Money (NASDAQ:URGN)

Lastest from Businesswire - Fri, 05/30/2025 - 14:41
NEW YORK--(BUSINESS WIRE)---- $URGN #Attorney--Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against UroGen Pharma Ltd. (NASDAQ: URGN) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in UroGen you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/urogen-pharma-ltd-class-action-lawsuit. Investors have until July 28, 2025, to ask the Court

Law Offices of Howard G. Smith Encourages Red Cat Holdings, Inc. (RCAT) Investors To Inquire About Securities Fraud Class Action

Lastest from Businesswire - Fri, 05/30/2025 - 14:41
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 Red Cat Holdings, Inc. (“Red Cat” or the “Company”) (NASDAQ: RCAT) securities between March 18, 2022 and January 15, 2025, inclusive (the “Class Period”). Red Cat investors have until July 22, 2025 to file a lead plaintiff motion. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN RED CAT HOLDINGS, INC. (RCAT), CONTACT THE LAW OFFICES OF HOWARD G. S

Law Offices of Howard G. Smith Encourages Organon & Co. (OGN) Investors To Inquire About Securities Fraud Class Action

Lastest from Businesswire - Fri, 05/30/2025 - 14:41
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 Organon & Co. (“Organon” or the “Company”) (NYSE: OGN) securities between October 31, 2024 to April 30, 2025, inclusive (the “Class Period”). Organon investors have until July 22, 2025 to file a lead plaintiff motion. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN ORGANON & CO. (OGN), CONTACT THE LAW OFFICES OF HOWARD G. SMITH TO PARTICI

Deadline Alert: DoubleVerify Holdings, Inc. (DV) Investors Who Lost Money Urged to Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit

Lastest from Businesswire - Fri, 05/30/2025 - 14:41
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP reminds investors of the upcoming July 21, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired DoubleVerify Holdings, Inc. (“DoubleVerify” or the “Company”) (NYSE: DV) common stock between November 10, 2023 and February 27, 2025, inclusive (the “Class Period”). IF YOU SUFFERED A LOSS ON YOUR DOUBLEVERIFY INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY

Deadline Alert: UroGen Pharma Ltd. (URGN) Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit

Lastest from Businesswire - Fri, 05/30/2025 - 14:41
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP reminds investors of the upcoming July 28, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired UroGen Pharma Ltd. (“UroGen” or the “Company”) (NASDAQ: URGN) securities between July 27, 2023 and May 15, 2025, inclusive (the “Class Period”). IF YOU SUFFERED A LOSS ON YOUR UROGEN INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER

Milliman analysis: Public pension funding stable in April after plans end volatile month with slight market gain

Lastest from Businesswire - Fri, 05/30/2025 - 11:41
SEATTLE--(BUSINESS WIRE)--Milliman, Inc., a premier global consulting and actuarial firm, today released the latest results of its Public Pension Funding Index (PPFI), which analyzes data from the nation’s 100 largest public defined benefit plans. Despite April market swings caused by trade and tariff uncertainty, the Milliman 100 PPFI plans closed the month with estimated investment gains of 0.4% in aggregate. Individual plans’ estimated returns ranged from -1.8% to 1.4%. Combined, the plans a

AM Best Revises Issuer Credit Rating Outlook to Positive for Cooperativa de Seguros de Vida de Puerto Rico

Lastest from Businesswire - Fri, 05/30/2025 - 11:41
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of C (Weak) and the Long-Term ICR of “ccc” (Weak) of Cooperativa de Seguros de Vida de Puerto Rico (COSVI) (San Juan, Puerto Rico). The outlook of the FSR is stable. The Credit Ratings (ratings) reflect COSVI’s balance sheet strength, which AM Best assesses as very weak, as well as its adequate operating p

Citizens Financial Group Announces Redemption of Subordinated Notes

Lastest from Businesswire - Fri, 05/30/2025 - 11:41
PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) today announced the redemption on July 3, 2025, of all of its outstanding 4.35% Fixed-Rate Subordinated Notes due August 1, 2025 (CUSIP No. 174610AJ4) (the “Notes”). The redemption price for the Notes will be equal to 100% of principal amount of the Notes redeemed, plus any accrued and unpaid interest to, but excluding, the redemption date of July 3, 2025. In accordance with the indenture governing the Notes, the hold

PCI Pal Successfully Re-elected to PCI SSC Board of Advisors for 2025-2027 Term

Lastest from Businesswire - Fri, 05/30/2025 - 11:41
CHARLOTTE, N.C.--(BUSINESS WIRE)--PCI Pal® (LON: PCIP), the global provider of secure payment solutions, announces its successful re-election to the 2025–2027 PCI Security Standards Council (PCI SSC) Board of Advisors. This appointment recognizes PCI Pal’s continued leadership of its space in driving secure payments for customer engagements across the globe. Gina Gobeyn, Executive Director of the PCI SSC, welcomed PCI Pal’s re-election: “The Board of Advisors provides industry expertise and per

Faruqi & Faruqi Reminds Red Cat Holdings Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of July 21, 2025 - RCAT

Lastest from Businesswire - Fri, 05/30/2025 - 11:41
NEW YORK--(BUSINESS WIRE)---- $RCAT #ClassAction--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Red Cat Holdings, Inc. (“Red Cat” or the “Company”) (NASDAQ: RCAT) and reminds investors of the July 21, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The fi

SoFi to Participate in 45th Annual William Blair Growth Stock Conference and Mizuho Technology Conference

Lastest from Businesswire - Fri, 05/30/2025 - 11:41
SAN FRANCISCO--(BUSINESS WIRE)--SoFi Technologies, Inc. (NASDAQ: SOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, today announced that it will participate in two upcoming investor conferences. SoFi’s CFO, Chris Lapointe, will participate in moderated fireside chat discussions at the 45th Annual William Blair Growth Stock Conference and the Mizuho Technology Conference. Full session details for the confe

Citizens Financial Group to Participate at the Morgan Stanley U.S. Financials Conference

Lastest from Businesswire - Fri, 05/30/2025 - 11:41
PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) announced today that Senior Vice Chair and Head of Commercial Banking Don McCree will participate at the Morgan Stanley U.S. Financials Conference to be held on Tuesday, June 10, 2025 at 9:45 am ET. The live webcast will be available at https://investor.citizensbank.com under Events & Presentations. About Citizens Financial Group, Inc. Citizens Financial Group, Inc. is one of the nation’s oldest and largest financ

Virtus Total Return Fund Inc. Bolsters Strategy with Portfolio Manager

Lastest from Businesswire - Fri, 05/30/2025 - 11:41
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Total Return Fund Inc. (NYSE: ZTR) today announced that Newfleet Asset Management’s Benjamin Caron, CFA, senior managing director and portfolio manager, has been added as a portfolio manager on the Fund, which is managed by Newfleet and Duff & Phelps Investment Management Co. Caron, with over 25 years of experience in the investment industry, is a member of Newfleet’s multi-sector portfolio management team that manages several multi-sector fixed inco

GrabAGun Announces Compatio Agreement to Deliver an Industry First Digital Solution for Product Customization

Lastest from Businesswire - Fri, 05/30/2025 - 11:41
COPPELL, Texas--(BUSINESS WIRE)--GrabAGun Announces Compatio Agreement to Deliver an Industry First Digital Solution for Product Customization

The Standard Expands Partnership with EvolutionIQ to Improve the Disability Claims Experience

Lastest from Businesswire - Fri, 05/30/2025 - 11:41
PORTLAND, Ore.--(BUSINESS WIRE)--The Standard, a leading provider of financial protection products and services for employers and individuals, has expanded their strategic partnership with EvolutionIQ to leverage the technology company’s AI-powered claims guidance platform across all of The Standard’s disability insurance products after a successful initial implementation in 2024. The Standard’s claims experts benefit from valuable data insights that empower them to reduce administrative tasks

Emburse Wins Stevie® Award for Most Innovative Tech Company of the Year

Lastest from Businesswire - Fri, 05/30/2025 - 11:41
DALLAS--(BUSINESS WIRE)--Emburse, whose innovative travel and expense solutions power forward-thinking organizations, has been honored with a Stevie® Award (Bronze) in the Most Innovative Tech Company of the Year – Up to 2,500 Employees category at the 23rd Annual American Business Awards®. This recognition underscores Emburse’s commitment to fostering a people-centered culture of innovation while boldly delivering on its vision for Expense Intelligence within finance teams. Under the leadershi

KOHL’S INVESTOR ALERT: Scott+Scott Attorneys at Law LLP Investigates Kohl’s Corporation’s Directors and Officers for Breach of Fiduciary Duties – KSS

Lastest from Businesswire - Fri, 05/30/2025 - 11:41
NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether the leadership of Kohl’s Corporation (“Kohl’s”) (NYSE: KSS), breached their fiduciary duties to Kohl’s and its shareholders. CLICK HERE TO LEARN MORE Scott+Scott is investigating whether members of the Kohl’s board of directors or senior management failed to manage Kohl’s in an acceptable manner, in breach of their fiduciary dutie

KBRA Releases Research – Fiber ABS: Enterprise Fiber Takes Industry Beyond FTTP’s Last Mile

Lastest from Businesswire - Fri, 05/30/2025 - 08:41
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases research discussing enterprise fiber, a growing segment of the fiber ABS universe. Since the market’s inaugural fiber ABS transaction in 2020, KBRA has rated over $14 billion in issuance from 11 issuers. While early transactions were dominated by providers of fiber-to-the-premises (FTTP), enterprise fiber providers have increasingly emerged as issuers of ABS. In this report, we compare and contrast FTTP and enterprise fiber, adding to our research in thi

KBRA Releases Research – Data Centers: A Comparison of ABS and CMBS Structures

Lastest from Businesswire - Fri, 05/30/2025 - 08:41
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases research examining the differences between asset-backed securities (ABS) and commercial mortgage-backed securities (CMBS) for data center transactions, providing insight into how these distinctions may influence an issuer’s choice of structure or an investor’s allocation decision. With the increasing adoption of cloud-based solutions and artificial intelligence (AI), data centers have emerged as a critical asset class in recent years, requiring massive c

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