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Lastest from Businesswire

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Updated: 10 min 42 sec ago

Primerica Household Budget Index™: Purchasing Power for Middle-Income Households Improves Slightly as Gas Prices and Auto Insurance Costs Decline

10 min 42 sec ago
DULUTH, Ga.--(BUSINESS WIRE)--The latest Primerica Household Budget Index™ (HBI™), a monthly economic snapshot measuring the impact of inflation on middle-income households alongside their earned income, found the average purchasing power for necessities rose to 99.6% in March, a 0.2% increase from a month ago and up 1.3% from a year ago. Purchasing power improved slightly in March as gas prices and auto insurance costs fell. Gas prices declined 0.9% and auto insurance costs fell 0.6% in March.

Grupo Aval Announces the Filing of Its Form 20-F for the Year Ended December 31, 2024

Tue, 04/29/2025 - 23:25
BOGOTÁ, Colombia.--(BUSINESS WIRE)--Grupo Aval Acciones y Valores S.A. (“Grupo Aval” or the “Company”) (NYSE: AVAL; BVC: Voting Shares: GRUPOAVAL, Non-Voting Shares: PFAVAL), announces the filing of its Form 20-F for the year ended December 31, 2024, with the Securities and Exchange Commission (the “SEC”). Grupo Aval’s Form 20-F can be accessed by visiting either the SEC’s website at www.sec.gov or the Investor Relations section of the Company’s website at www.grupoaval.com. In addition, shareh

Nuveen Credit Strategies Income Fund Announces the Preliminary Results of Rights Offering

Tue, 04/29/2025 - 23:25
NEW YORK--(BUSINESS WIRE)--Nuveen Credit Strategies Income Fund (NYSE: JQC) (the “Fund”) today announced the preliminary results of its transferable rights offering (the “Offer”) which expired at 5:00 p.m., Eastern time, on April 29, 2025 (the “Expiration Date”). The Offer entitled the rights holders to subscribe for additional common shares of the Fund (“Common Shares”). The Offer is expected to result in the issuance of approximately 12.2 million Common Shares (including notices of guaranteed

Canopy Secures $70 Million Series C to Unclunk Accounting Firms with AI

Tue, 04/29/2025 - 23:25
SALT LAKE CITY--(BUSINESS WIRE)--Canopy announces $70 million Series C funding with Viking Global, Ten Coves Capital, Ankona Capital, Pelion Venture Partners, and Tenaya Capital.

East West Bancorp Announces Dates for Second Quarter and Third Quarter 2025 Earnings Calls, Spring Conference Participation

Tue, 04/29/2025 - 20:24
PASADENA, Calif.--(BUSINESS WIRE)--East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), announced plans to host conference calls to review financial results on the following dates: Financial Period   Earnings Release Date   Conference Call Time Second Quarter 2025   Tuesday, July 22, 2025   2 p.m. PT/5 p.m. ET Third Quarter 2025   Tuesday, October 21, 2025   2 p.m. PT/5 p.m. ET The financial results are scheduled to be released after the market closes on the dates noted above.

Rosen Law Firm Encourages Teleflex Incorporated Investors to Inquire About Securities Class Action Investigation – TFX

Tue, 04/29/2025 - 20:24
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 Teleflex Incorporated (NYSE: TFX) resulting from allegations that Teleflex may have issued materially misleading business information to the investing public. So What: If you purchased Teleflex securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement

Dean Omar Branham Shirley Attorney Named to D Magazine’s Best Lawyers

Tue, 04/29/2025 - 20:24
DALLAS--(BUSINESS WIRE)--Nationally recognized plaintiffs firm Dean Omar Branham Shirley, LLP, is proud to announce that veteran trial attorney Darren McDowell has been named to D Magazine’s 2025 Best Lawyers in Dallas list. This annual list, published in the May issue of D Magazine, recognizes top attorneys in North Texas based on nominations and evaluations from their peers. Mr. McDowell is recognized for excellence in mass tort litigation. “We are proud to have Mr. McDowell at our firm and t

South Wind Exploration & Production, LLC Announces Equity Commitment from Kayne Anderson

Tue, 04/29/2025 - 20:24
OKLAHOMA CITY--(BUSINESS WIRE)--South Wind Exploration & Production, LLC (“South Wind” or the “Company”), a newly formed independent oil and natural gas company, has received over $400 million of equity commitments from Kayne Private Energy Income Fund III, L.P., a fund managed by Kayne Anderson Capital Advisors, L.P. (“Kayne Anderson”), and members of the Company’s management team. Headquartered in Oklahoma City, South Wind aims to acquire and operate large, producing onshore U.S. oil and

Shearwater Health Earns Great Place to Work® Certification Across U.S., Philippines, and India

Tue, 04/29/2025 - 20:24
MANILA, Philippines--(BUSINESS WIRE)-- #ClinicalTalent--Shearwater Health, a leader in clinician-led clinical solutions, announces its certification as a Great Place to Work® across their markets.

Berto Acquisition Corp. Announces Pricing of Upsized $261,000,000 Initial Public Offering

Tue, 04/29/2025 - 20:24
NEW YORK--(BUSINESS WIRE)---- $TACOU #IPO--Berto Acquisition Corp. (NASDAQ: TACOU) (the “Company”), the ninth special purpose acquisition company sponsored by Harry You, today announced the pricing of its initial public offering of 26,100,000 units at $10.00 per unit. The units are expected to be listed on the Nasdaq Global Market (“Nasdaq”) and trade under the ticker symbol “TACOU” beginning April 30, 2025. Each unit consists of one ordinary share and one-half of one redeemable warrant. Once the securities co

KBRA Assigns Preliminary Ratings to Pagaya AI Debt Grantor Trust 2025-R1 and Pagaya AI Debt Trust 2025-R1

Tue, 04/29/2025 - 20:24
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 11 classes of notes issued by Pagaya AI Debt Grantor Trust 2025-R1 and Pagaya AI Debt Trust 2025-R1 (collectively “PAID 2025-R1”), an unsecured consumer loan ABS transaction. PAID 2025-R1 has initial hard credit enhancement levels of 69.93% for the Class A-1 Notes to 4.80% for the Class F Notes. Credit enhancement is comprised of overcollateralization, subordination (except for the Class F Notes), a cash reserve account funded at cl

Utah Insurance Department Pauses Litigation Against A-CAP

Tue, 04/29/2025 - 20:24
SALT LAKE CITY--(BUSINESS WIRE)--Today A-CAP Group (“A-CAP” or “The Company”) released the following statement: The Utah Insurance Department and three insurance companies it regulates, Sentinel Security Life Insurance Company, Haymarket Insurance Company, and Jazz Reinsurance Company have agreed to pause their pending litigation and participate in mediation. About A-CAP A-CAP is a holding company owning multiple insurance and financial businesses on its unique and synergistic platform. These b

Winchester Bancorp, Inc. Announces Expected Closing Date of Initial Public Offering

Tue, 04/29/2025 - 20:24
WINCHESTER, Mass.--(BUSINESS WIRE)--Winchester Bancorp, Inc. (the “Company”), the proposed holding company for Winchester Savings Bank (the “Bank”), announced today that all final regulatory approvals have been received to complete the Bank’s mutual holding company reorganization and the Company’s related stock offering. The transaction is expected to close on April 30, 2025. The Company’s common stock is expected to begin trading on the Nasdaq Capital Market under the symbol “WSBK” beginning o

LSTR Investors Have Opportunity to Join Landstar System, Inc. Fraud Investigation with the Schall Law Firm

Tue, 04/29/2025 - 20:24
LOS ANGELES--(BUSINESS WIRE)--LSTR Investors Have Opportunity to Join Landstar System, Inc. Fraud Investigation with the Schall Law Firm

TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended March 31, 2025

Tue, 04/29/2025 - 20:24
NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. Reports Operating Results for the Quarter Ended March 31, 2025

Energy Storage Platform Backed by Stonepeak and CHC Awarded Five Projects in Japan Long-term Decarbonization Auction

Tue, 04/29/2025 - 20:24
NEW YORK & TOKYO--(BUSINESS WIRE)--The energy storage platform jointly established by Stonepeak and CHC (the “Platform”) today announced that it has secured 20-year fixed revenue capacity market contracts for five battery energy storage system (“BESS”) projects totaling 348MW of gross capacity in the latest round of Japan’s Long-term Decarbonization Auction (the “Auction”). The contracts represent the Platform’s second consecutive win in the government tender, following the inaugural Auction in

Valnet Inc. Clinches Significant Win in Embedding Case After Supreme Court’s Denial to Hear Appeal

Tue, 04/29/2025 - 20:24
MONTREAL--(BUSINESS WIRE)--U.S. Supreme Court declined to hear photographer’s appeal of Ninth Circuit ruling upholding dismissal of his copyright claims against Valnet.

PACCAR Declares Regular Quarterly Cash Dividend

Tue, 04/29/2025 - 17:24
BELLEVUE, Wash.--(BUSINESS WIRE)--PACCAR Inc’s Board of Directors today declared a regular quarterly cash dividend of thirty-three cents ($.33) per share, payable on June 4, 2025, to stockholders of record at the close of business on May 14, 2025. PACCAR is a global technology leader in the design, manufacture and customer support of high-quality light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates. PACCAR also designs and manufactures advanced powertrains, pro

Avis Budget Group, Inc. (CAR) Investors Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation

Tue, 04/29/2025 - 17:24
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Avis Budget Group, Inc. (“Avis” or the “Company”) (NASDAQ: CAR) investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN AVIS BUDGET GROUP, INC. (CAR), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. Contact the Law Offices of Howard G. Smith to discuss your legal rights b

Plaintiffs’ Attorneys Respond to Bayer’s Threat to Pull Roundup from Market

Tue, 04/29/2025 - 17:24
DALLAS--(BUSINESS WIRE)--Attorneys representing thousands of cancer victims criticized Bayer today for what they describe as an attempt to pressure courts, lawmakers and the public by threatening to pull its popular Roundup weedkiller from the market amid ongoing litigation. Video of the plaintiffs’ attorneys’ reactions is available here. Speaking at Bayer’s annual shareholders meeting, CEO Bill Anderson warned that continued lawsuits could make it financially unsustainable for the company to c

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