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Best’s Market Segment Report: Global Reinsurers Met Cost of Capital for Second Consecutive Year in 2024

Lastest from Businesswire - 29 min 57 sec ago
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--After four years of failing to meet their cost of capital, global reinsurers have now achieved that benchmark for the second straight year, driven in part by strong market performance, according to a new AM Best report. The Best’s Market Segment Report, “Reinsurers Meet Cost of Capital for Second Consecutive Year,” is part of AM Best’s look at the global reinsurance industry ahead of the Rendez-Vous de Septembre in Monte Carlo. Other reports, including AM Best’s

Primerica Household Budget Index™ Data: Purchasing Power for Middle-Income Families Relatively Unchanged in July

Lastest from Businesswire - 3 hours 30 min ago
DULUTH, Ga.--(BUSINESS WIRE)--The latest Primerica Household Budget Index™ (HBI™) data, a monthly economic metric that examines how inflation and wage trends impact the ability of middle-income families to afford life’s everyday necessities, was 100.1% in July, a 0.1% increase from a month ago and up 1.0% from a year ago. The Consumer Price Index (CPI), which measures inflation for a comprehensive basket of goods for all U.S. households, came in at 2.7% in July, unchanged from June, and its hig

Institutional Property Advisors Brokers $100M Sale of Ventura County Multifamily Asset

Lastest from Businesswire - Tue, 08/26/2025 - 21:26
VENTURA, Calif.--(BUSINESS WIRE)---- $mmi #apartmentinvestments--Institutional Property Advisors Brokers $100M Sale of Ventura County Multifamily Asset

Johnson Fistel Investigates Claims on Behalf of DICK’S Sporting Goods Shareholders as Securities Fraud Class Action Partially Survives Motion to Dismiss

Lastest from Businesswire - Tue, 08/26/2025 - 21:26
SAN DIEGO--(BUSINESS WIRE)--Johnson Fistel, PLLP is investigating potential claims on behalf of DICK'S Sporting Goods (NYSE: DKS) shareholders against certain of its officers and directors who allegedly breached the fiduciary duties they owed to the company. If you have continuously owned DICK'S shares since before May 25, 2022, you have certain legal rights as a shareholder. If you want to learn more, please read below or submit your information at: https://www.johnsonfistel.com/investigations

Doximity, Inc. Long-Term Shareholder Announcement: Johnson Fistel Encourages Investors to Reach Out For More Information About Continuing Investigation

Lastest from Businesswire - Tue, 08/26/2025 - 21:26
SAN DIEGO--(BUSINESS WIRE)--Johnson Fistel, PLLP is investigating potential legal claims on behalf of Doximity, Inc. (NYSE: DOCS) shareholders, concerning alleged misconduct by certain officers and directors that may have harmed the company and its investors. Investors who have continuously held Doximity shares since before June 24, 2021, may have legal rights and are encouraged to contact the firm to learn more: https://www.johnsonfistel.com/investigations/doximity-inc-2 On May 13, 2025, the C

Johnson Fistel Begins Investigation on Behalf of Live Nation Entertainment, Inc. Shareholders

Lastest from Businesswire - Tue, 08/26/2025 - 21:26
SAN DIEGO--(BUSINESS WIRE)--Johnson Fistel, PLLP, a leading stockholder rights law firm, has initiated an investigation into certain board members and executive officers of Live Nation Entertainment, Inc. (NYSE: LYV) for potential breaches of fiduciary duties and violations of the federal securities laws. What is Johnson Fistel Investigating? Previously, a class action complaint was filed against the company alleging that throughout the Class Period, Defendants made materially false and/or misl

VITAL ENERGY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Vital Energy, Inc. - VTLE

Lastest from Businesswire - Tue, 08/26/2025 - 18:26
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Vital Energy, Inc. (NYSE: VTLE) to Crescent Energy Company (NYSE: CRGY). Under the terms of the proposed transaction, shareholders of Vital Energy will receive 1.9062 shares of Crescent Class A common stock for each share of Vital Energy that they own. KSF is seeking to determine whether this consid

SmartStop Self Storage REIT, Inc. Expands Western Canada Presence with Acquisition of Five Alberta Self-Storage Facilities

Lastest from Businesswire - Tue, 08/26/2025 - 18:26
LADERA RANCH, Calif.--(BUSINESS WIRE)--SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA), an internally managed real estate investment trust and a premier owner and operator of self-storage facilities in the United States and Canada, announced the acquisition of five institutional-quality self-storage properties in Alberta. With this transaction, SmartStop’s Canadian portfolio now totals 49 operating assets. The Alberta portfolio adds approximately 330,000 net rentable square feet, in

New Service from Structured Strategy™ Targets $100 Billion Structured Settlement Market with a Bridge to Bitcoin

Lastest from Businesswire - Tue, 08/26/2025 - 18:26
BOCA RATON, Fla.--(BUSINESS WIRE)--In a landmark move to connect legacy financial instruments with the digital asset market, American Annuity Funding today launched Structured Strategy, a new division aimed at the $100 billion structured settlement industry. This initiative is the first to formally connect the established practice of structured settlement buyouts with the cryptocurrency market, enabling annuitants to deploy their capital into a high-growth asset. Historically, recipients of str

VERINT SYSTEMS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Verint Systems Inc. - VRNT

Lastest from Businesswire - Tue, 08/26/2025 - 18:26
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Verint Systems Inc. (NasdaqGS: VRNT) to Thoma Bravo. Under the terms of the proposed transaction, shareholders of Verint will receive $20.50 in cash for each share of Verint that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether

SCPHARMACEUTICALS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of scPharmaceuticals Inc. - SCPH

Lastest from Businesswire - Tue, 08/26/2025 - 18:26
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of scPharmaceuticals Inc. (NasdaqGS: SCPH) to MannKind Corporation (NasdaqGM: MNKD). Under the terms of the proposed transaction, shareholders of scPharmaceuticals would receive a cash payment of $5.35 per share plus one non-tradable contingent value right (CVR) per share payable upon achieving specifi

Virtus Dividend, Interest & Premium Strategy Fund Announces Portfolio Manager Update

Lastest from Businesswire - Tue, 08/26/2025 - 18:26
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ) (the “Fund”), a closed-end fund advised by NFJ Investment Group and Voya Investment Management, today announced that Thomas Oliver, CFA, CPA, is no longer a portfolio manager of the Fund. The Fund will continue to be managed by John Mowrey, CFA, executive managing director, chief investment officer, and senior portfolio manager and analyst, Burns McKinney, CFA, managing director and senior portfo

Rosen Law Firm Encourages Encompass Health Corporation Investors to Inquire About Securities Class Action Investigation – EHC

Lastest from Businesswire - Tue, 08/26/2025 - 18:26
NEW YORK--(BUSINESS WIRE)--Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Encompass Health Corporation (NYSE: EHC) resulting from allegations that Encompass Health may have issued materially misleading business information to the investing public. So What: If you purchased Encompass Health securities you may be entitled to compensation without payment of any out of pocket fees or costs through a cont

Hyatt to Present at the 2025 Bank of America Gaming & Lodging Conference

Lastest from Businesswire - Tue, 08/26/2025 - 18:26
CHICAGO--(BUSINESS WIRE)---- $H--Hyatt Hotels Corporation (NYSE: H) announced today that Mark Hoplamazian, President and Chief Executive Officer, and Joan Bottarini, Chief Financial Officer, will jointly present at the 2025 Bank of America Gaming & Lodging Conference at 10:00 a.m. ET on Thursday, September 4, 2025 in New York, NY. All interested persons may listen to a webcast of the presentations, which may be accessed through the Company’s website at investors.hyatt.com. Replays will be availabl

KabaFusion and Nautic Partners Announce Signing of Significant Growth Investment

Lastest from Businesswire - Tue, 08/26/2025 - 18:26
LEXINGTON, Mass.--(BUSINESS WIRE)--KabaFusion (the “Company”), a nationally recognized leader in home and alternative site infusion, and Nautic Partners (“Nautic”) announced today that Nautic has signed a definitive agreement to make a significant investment in KabaFusion. KabaFusion’s clinician-led management team will remain significant investors and continue to lead the Company, while Novo Holdings will exit its successful investment in the Company. The new growth partnership with Nautic wil

MFS Releases Closed-End Fund Income Distribution Sources for Certain Funds

Lastest from Businesswire - Tue, 08/26/2025 - 18:26
BOSTON--(BUSINESS WIRE)--MFS releases closed end fund income distribution sources for certain funds for August 2025.

Ooma Reports Fiscal Second Quarter 2026 Financial Results

Lastest from Businesswire - Tue, 08/26/2025 - 18:26
SUNNYVALE, Calif.--(BUSINESS WIRE)--Ooma, Inc. (NYSE: OOMA), a provider of advanced communications services for businesses and consumers, today released financial results for the fiscal second quarter ended July 31, 2025. Second Quarter Fiscal 2026 Financial Highlights: Revenue: Total revenue was $66.4 million, up 3% year-over-year. Subscription and services revenue increased to $61.1 million from $59.6 million in the second quarter of fiscal 2025, and was 92% of total revenue, primarily driven

Equitable Holdings to Participate in the 2025 KBW Insurance Conference

Lastest from Businesswire - Tue, 08/26/2025 - 18:26
NEW YORK--(BUSINESS WIRE)--Equitable Holdings to Participate in the 2025 KBW Insurance Conference

Cannae Holdings, Inc. Notes Closing of Dun & Bradstreet Sale and $630 Million in Proceeds

Lastest from Businesswire - Tue, 08/26/2025 - 18:26
LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today noted the closing of Clearlake Capital’s acquisition of Dun and Bradstreet Holdings, Inc. (“DNB”). Cannae’s portion of the proceeds is $630 million, including $90 million from the Company’s sale of 10 million shares of DNB in the second quarter of 2025. The DNB sale represents another successful step in the Board’s strategic value creation plan aimed at enhancing long term shareholder value through

BNY Mellon High Yield Strategies Fund Declares Dividend

Lastest from Businesswire - Tue, 08/26/2025 - 18:26
NEW YORK--(BUSINESS WIRE)--On August 26, 2025, the Board of Trustees of BNY Mellon High Yield Strategies Fund (NYSE: DHF) declared from net investment income a monthly cash dividend of $0.0175 per share of beneficial interest, payable on September 24, 2025, to shareholders of record at the close of business on September 10, 2025. The ex-dividend date is September 10, 2025. The previous dividend declared in July was $0.0175 per share of beneficial interest. Important Information BNY Mellon Inves

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