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Infrastructure Capital Advisors Declares Its Monthly Dividends: The InfraCap Small Cap Income ETF (SCAP) and InfraCap Equity Income Fund ETF (ICAP)

Lastest from Businesswire - Fri, 01/26/2024 - 08:59
NEW YORK--(BUSINESS WIRE)--INFRASTRUCTURE CAPITAL ADVISORS DECLARES ITS MONTHLY DIVIDENDS FOR SCAP AND ICAP

American Express Announces Record Full-Year 2023 Revenue of $60.5 Billion, Up 14% on a Reported Basis and 15% on an FX-Adjusted Basis

Lastest from Businesswire - Fri, 01/26/2024 - 08:59
NEW YORK--(BUSINESS WIRE)--American Express Company (NYSE: AXP): ($ in millions, except per share amounts, and where indicated) Quarters Ended December 31, Percentage Inc/(Dec)   Years Ended December 31,  Percentage Inc/(Dec) 2023 2022 2023 2022 Billed Business (Billions) $379.8 $357.4 6% $1,459.6 $1,338.3 9% Total Revenues Net of Interest Expense $15,799 $14,176 11% $60,515 $52,862 14% FX-adjusted1   $14,225 11%   $52,833 15% Total Provisions for Credit Losses $1,437 $1,027 40% $4,923 $2,182 #

BankUnited, Inc. Reports 2023 Results

Lastest from Businesswire - Fri, 01/26/2024 - 08:59
MIAMI LAKES, Fla.--(BUSINESS WIRE)--Q4 and Fiscal Year 2023 Earnings

Philip Morris International Discusses Its Marketing Practices

Lastest from Businesswire - Fri, 01/26/2024 - 08:59
STAMFORD, Conn.--(BUSINESS WIRE)--Moira Gilchrist, Global Chief Communications Officer at Philip Morris International (PMI), clarifies company’s marketing practices and facts related to ZYN nicotine pouches.

National Funding Celebrates Its 25th Anniversary—Championing SMBs Nationwide

Lastest from Businesswire - Fri, 01/26/2024 - 05:59
SAN DIEGO--(BUSINESS WIRE)-- #SMBloans--National Funding Celebrates Championing SMBs with Smart Business Loans for 25 Years.

Teleperformance Launches Digital Services Arm, TP Infinity, to Better Serve Clients Globally Through Consulting, Design and System Integration Services

Lastest from Businesswire - Fri, 01/26/2024 - 05:59
PARIS--(BUSINESS WIRE)--Teleperformance (Paris:TEP), a global leader in digital business services, today announced the launch of its global digital consulting arm, TP Infinity, designed to deliver a holistic approach to building stronger brands through enhanced customer experience (CX). TP Infinity seeks to address the growing client demand for an integrated approach to CX transformation in today’s experience-led economy. Its comprehensive portfolio spans consulting, technology, data analytics,

Noteholder group mobilizes to challenge Coupang deal to buy Farfetch

Lastest from Businesswire - Fri, 01/26/2024 - 05:59
LONDON--(BUSINESS WIRE)--The 2027 Ad Hoc Group (the Group) announced today it has formed to explore options over the proposed acquisition of the Farfetch business by Coupang. The Group is comprised of institutional investors with combined AUM of over US$1 trillion, holding over 50% of Farfetch’s 3.75% Convertible Senior Notes due 2027. The Group has appointed Pallas Partners as legal counsel and Ducera Partners, an investment bank, as financial advisors, to urgently evaluate options to protect

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of DocGo Inc. (DCGO) on Behalf of Investors

Lastest from Businesswire - Thu, 01/25/2024 - 23:59
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of DocGo Inc. (“DocGo” or the “Company”) (NASDAQ: DCGO) investors concerning the Company’s possible violations of federal securities laws. On January 10, 2024, before market hours, Fuzzy Panda Research published a report alleging, among other things, that DocGo has been committing “systematic billing fraud” by forging signatures on documents, editing patient records to maximize profits, and billi

EAF INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Files Class Action Lawsuit Against GrafTech International Ltd. and Announces Opportunity for Investors with Substantial Losses to Lead the GrafTech Class Action Lawsuit

Lastest from Businesswire - Thu, 01/25/2024 - 20:59
SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements concerning GrafTech business and prospects, resulting in its stock trading at inflated prices.

Aviation Capital Group Announces Delivery of One A320neo to SAS

Lastest from Businesswire - Thu, 01/25/2024 - 20:59
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Aviation Capital Group LLC (ACG), a premier global full-service aircraft asset manager, announced the delivery of one new Airbus A320neo aircraft on long-term lease to Scandinavian Airlines (“SAS”). Featuring CFM International LEAP-1A engines, this is the ninth of ten aircraft scheduled to deliver to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and SAS. ACG specializes in commercial aircraft leasing and aviation financ

American Riviera Bancorp Announces Results for the Fourth Quarter of 2023

Lastest from Businesswire - Thu, 01/25/2024 - 20:59
SANTA BARBARA, Calif.--(BUSINESS WIRE)-- #BankonBetter--American Riviera Bancorp (“Company”) (OTCQX: ARBV), holding company of American Riviera Bank (“Bank”), announced today unaudited net income of $10.5 million ($1.82 per share) for the year ended December 31, 2023, compared to $13.5 million ($2.38 per share) earned in the same reporting period in the previous year. Unaudited net income was $2.2 million ($0.38 per share) for the quarter ended December 31, 2023, compared to $2.6 million ($0.46 per share) in t

ROSEN, A LEADING LAW FIRM, Encourages B. Riley Financial, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – RILY

Lastest from Businesswire - Thu, 01/25/2024 - 20:59
NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of common stock of B. Riley Financial, Inc. (NASDAQ: RILY) between May 10, 2023 and November 9, 2023, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 25, 2024. SO WHAT: If you purchased B. Riley securities during the Cl

New Mountain Finance Corporation Prices Public Offering of $300 Million 6.875% Notes Due 2029

Lastest from Businesswire - Thu, 01/25/2024 - 17:59
NEW YORK--(BUSINESS WIRE)--New Mountain Finance Corporation (the “Company,” “we,” “us” or “our”) (Nasdaq: NMFC) today announced that it has priced an underwritten public offering of $300 million in aggregate principal amount of 6.875% unsecured notes due 2029 (the “Notes”). The Notes will mature on February 1, 2029, and may be redeemed in whole or in part at the Company’s option at any time prior to January 1, 2029, at par plus a “make-whole” premium, and thereafter at par plus accrued interest

Pinnacle Bank Announces Record Earnings for 2023

Lastest from Businesswire - Thu, 01/25/2024 - 17:59
GILROY, Calif.--(BUSINESS WIRE)--OTCQB: PBNK - Pinnacle Bank, headquartered in Gilroy, California, announced today record unaudited net income for the year ended December 31, 2023 of $11,771,000, an increase of 39% over the 2022 net income of $8,453,000. Unaudited net income for the fourth quarter of 2023 was $3,251,000 compared to $2,926,000 in the third quarter of 2023 and $3,107,000 in the fourth quarter of 2022. As of December 31, 2023, total assets were $817.4 million, an 8% increase from

AM Best Places Credit Ratings of VR Insurance Holdings, Inc.’s Insurance Subsidiaries Under Review With Negative Implications

Lastest from Businesswire - Thu, 01/25/2024 - 17:59
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has placed under review with negative implications the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb” (Good) of National Security Fire and Casualty Company (NSFC). AM Best also has placed under review with negative implications the FSR of B+ (Good) and the Long-Term ICR of “bbb-” (Good) of NSFC’s wholly owned subsidiary, Omega One Insurance Company, Inc. (Omega). In addition, AM Best has place

Open Lending Partners with CreditSnap to Help Lenders Deliver Informed Decisions, Navigate Refinance Needs

Lastest from Businesswire - Thu, 01/25/2024 - 17:59
AUSTIN, Texas--(BUSINESS WIRE)--Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, has launched a partner integration with CreditSnap, a fintech platform that allows financial institutions to deliver lending and deposit account automation using pre-qualification technology, application programming interface (“API”) integrations and more. CreditSnap’s platform

Marcus & Millichap, Inc. to Report Fourth Quarter 2023 Financial Results on Friday, February 16, 2024

Lastest from Businesswire - Thu, 01/25/2024 - 17:59
CALABASAS, Calif.--(BUSINESS WIRE)--Marcus & Millichap, Inc. (NYSE: MMI), a leading national brokerage firm specializing in commercial real estate investment sales, financing and research and advisory services, announced today it will report its financial results for the fourth quarter ended December 31, 2023 on Friday, February 16, 2024, before the market open. The Company will host a webcast and a conference call the same day to discuss the results at 10:30 a.m. Eastern Time. The call wil

Alpha and Omega Semiconductor Announces Closing of DOJ Investigation

Lastest from Businesswire - Thu, 01/25/2024 - 17:59
SUNNYVALE, Calif.--(BUSINESS WIRE)--As previously disclosed by Alpha and Omega Semiconductor Limited (the “Company”), since late 2019, the Company has been cooperating with the U.S. Department of Justice (“DOJ”) in connection with its criminal investigation into the Company’s compliance with export control regulations relating to certain business transactions with Huawei and its affiliates. On January 19, 2024, DOJ informed the Company that it has closed such investigation without any charges.

Generational Equity Advises First Choice Exteriors/Homestead Exterior Solutions in its Sale to Private Investor

Lastest from Businesswire - Thu, 01/25/2024 - 17:59
DALLAS--(BUSINESS WIRE)--First Choice Exteriors and Homestead Exterior Solutions, Generational Equity clients, were acquired by a Private Investor.

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. Declares Monthly Distribution

Lastest from Businesswire - Thu, 01/25/2024 - 17:59
NEW YORK--(BUSINESS WIRE)--BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE: DCF) declared a distribution of $0.035 per share of common stock, payable on February 23, 2024, to shareholders of record at the close of business on February 8, 2024. The ex-dividend date is February 7, 2024. The previous distribution declared in December was $0.035 per share of common stock. The Fund intends to pay most, but likely not all, of its net income to common shareholders in monthly

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