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Empery Digital Secures $25 Million Credit Facility to Fund Share Repurchases

Mon, 08/18/2025 - 06:22
AUSTIN, Texas--(BUSINESS WIRE)--Empery Digital Inc. (NASDAQ: EMPD) (the “Company” or “Empery Digital”) today announced that it has entered into a committed borrowing facility to provide the Company with immediate access to $25 million in USD for share repurchases. Drawdowns on the facility are at the sole option of Empery Digital, providing management the flexibility to act decisively if the market presents an opportunity to repurchase shares below net asset value (NAV). The Company also antici

Best’s Market Segment Report: Swiss Re’s Adoption of IFRS 17 Shuffles the Top Tier in AM Best’s “World’s 50 Largest Reinsurers” Rankings

Mon, 08/18/2025 - 03:22
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--Swiss Re’s adoption of IFRS 17 has resulted in some shifts atop AM Best’s rankings of the world’s largest reinsurers, which differ based on accounting standards. The Best’s Market Segment Report, “World’s 50 Largest Reinsurers,” is a highly recognized part of AM Best’s overall look at the global reinsurance industry ahead of the Rendez-Vous de Septembre in Monte Carlo. Other reports, including AM Best’s in-depth looks at the insurance-linked securities, Lloyd’s,

RBLX Investors Have Opportunity to Join Roblox Corporation Fraud Investigation with the Schall Law Firm

Sun, 08/17/2025 - 18:21
LOS ANGELES--(BUSINESS WIRE)---- $RBLX--RBLX Investors Have Opportunity to Join Roblox Corporation Fraud Investigation with the Schall Law Firm

BWEN Investors Have Opportunity to Join Broadwind, Inc. Fraud Investigation with the Schall Law Firm

Sun, 08/17/2025 - 15:21
LOS ANGELES--(BUSINESS WIRE)---- $BWEN--BWEN Investors Have Opportunity to Join Broadwind, Inc. Fraud Investigation with the Schall Law Firm

PMTS Investors Have Opportunity to Join CPI Card Group Inc. Fraud Investigation with the Schall Law Firm

Sun, 08/17/2025 - 15:21
LOS ANGELES--(BUSINESS WIRE)---- $PMTS--PMTS Investors Have Opportunity to Join CPI Card Group Inc. Fraud Investigation with the Schall Law Firm

AI Investors Have Opportunity to Join C3.ai, Inc. Fraud Investigation with the Schall Law Firm

Sun, 08/17/2025 - 15:21
LOS ANGELES--(BUSINESS WIRE)---- $AI--AI Investors Have Opportunity to Join C3.ai, Inc. Fraud Investigation with the Schall Law Firm

ALGN Investors Have Opportunity to Join Align Technology, Inc. Fraud Investigation with the Schall Law Firm

Sat, 08/16/2025 - 21:21
LOS ANGELES--(BUSINESS WIRE)---- $INSP--ALGN Investors Have Opportunity to Join Align Technology, Inc. Fraud Investigation with the Schall Law Firm

FUN Investors Have Opportunity to Join Six Flags Entertainment Corporation Fraud Investigation With the Schall Law Firm

Sat, 08/16/2025 - 21:21
LOS ANGELES--(BUSINESS WIRE)---- $FUN--FUN Investors Have Opportunity to Join Six Flags Entertainment Corporation Fraud Investigation with the Schall Law Firm

LFMD Investors Have Opportunity to Join LifeMD, Inc. Fraud Investigation with the Schall Law Firm

Sat, 08/16/2025 - 18:21
LOS ANGELES--(BUSINESS WIRE)---- $LFMD--LFMD Investors Have Opportunity to Join LifeMD, Inc. Fraud Investigation with the Schall Law Firm

WKHS Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Workhorse Group Inc. Is Fair to Shareholders

Sat, 08/16/2025 - 12:21
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Workhorse Group Inc. (NASDAQ: WKHS) and Motiv Electric Trucks is fair to Workhorse shareholders. Upon completion of the proposed transaction, Workhorse shareholders will own approximately 26.5% of the combined company. Halper Sadeh encourages Workhorse shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-

RDDT Deadline: Rosen Law Firm Urges Reddit, Inc. (NYSE: RDDT) Stockholders with Losses in Excess of $100K to Contact the Firm for Information About Their Rights

Sat, 08/16/2025 - 12:21
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, reminds investors that a shareholder filed a class action lawsuit on behalf of purchasers and acquirers of Reddit, Inc. (NYSE: RDDT) securities between October 29, 2024 and May 20, 2025. Reddit is a social media platform and forum-style website. For more information, submit a form, email attorney Phillip Kim, or give us a call at 866-767-3653. The Allegations: Rosen Law Firm is Investigating the Allegations that Reddi

Law Offices of Frank R. Cruz Encourages Charter Communications, Inc. (CHTR) Investors To Inquire About Securities Fraud Class Action

Fri, 08/15/2025 - 21:20
LOS ANGELES--(BUSINESS WIRE)--Law Offices of Frank R. Cruz Encourages Charter Communications, Inc. (CHTR) Investors To Inquire About Securities Fraud Class Action

LifeX Term Income ETFs Announce the Closure and Liquidation of Two Exchange-Traded Funds

Fri, 08/15/2025 - 18:20
NEW YORK--(BUSINESS WIRE)--LifeX Term Income ETFs (“LifeX”) has announced that it will close and liquidate two exchange-traded funds to simplify its fund lineup. LifeX will be liquidating the LifeX 2040 Term Income ETF and LifeX 2045 Term Income ETF (together, the “Liquidating ETFs”) (such transactions, the “Liquidations”). The Liquidations are expected to take place on or about August 22, 2025 (the “Liquidation Date”). August 20, 2025 is expected to be the last full day of trading for the Liqu

AM Best Revises Outlook to Negative for Star Mutual Risk Retention Group, Inc.; Affirms Credit Ratings

Fri, 08/15/2025 - 18:20
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating (FSR) of B+ (Good) and the Long-Term ICR of “bbb-” (Good) of Star Mutual Risk Retention Group, Inc. (Star Mutual) (Knoxville, TN). The Credit Ratings (ratings) reflect Star Mutual’s balance sheet strength, which AM Best assesses as adequate, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management. The negat

Summit Bancshares, Inc. Announces Special Cash Dividend

Fri, 08/15/2025 - 18:20
OAKLAND, Calif.--(BUSINESS WIRE)--The Board of Directors of Summit Bancshares Inc., at a meeting held on July 16, 2025, in recognition of the bank’s 43rd year in business, declared a special cash dividend of $0.43 per share in lieu of the normal quarterly dividend, payable on September 30, 2025, to holders of record as of the close of business on September 9, 2025. Summit Bancshares, Inc. (OTC Bulletin Board: SMAL) is the parent company of Summit Bank.

Morgan Stanley Declares Dividends on Its Preferred Stock

Fri, 08/15/2025 - 18:20
NEW YORK--(BUSINESS WIRE)--Morgan Stanley today declared a regular dividend on the outstanding shares of each of the following preferred stock issues: Floating Rate Non-Cumulative Preferred Stock, Series A - $337.28 per share (equivalent to $0.337280 per Depositary Share) 10 Percent Non-Cumulative Non-Voting Perpetual Preferred Stock, Series C - $25.00 per share Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series E - $455.21 per share (equivalent to $0.455208 per Depositary Share) Fix

OFS Credit Company Provides July 2025 Net Asset Value Update

Fri, 08/15/2025 - 18:20
CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (Nasdaq: OCCI) (“OFS Credit”, the “Company”, “we”, “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced the following net asset value (“NAV”) estimate at July 31, 2025. Management’s unaudited estimate of the range of our NAV per share of our common stock at July 31, 2025 is between $6.08 and $6.18. This estimate is not a comprehensive statement of our

Cathay General Bancorp Declares $0.34 Per Share Dividend

Fri, 08/15/2025 - 18:20
LOS ANGELES--(BUSINESS WIRE)--Cathay General Bancorp (Nasdaq: CATY) announced that its Board of Directors declared a cash dividend of thirty-four cents per common share, payable on September 8, 2025, to stockholders of record at the close of business on August 28, 2025. ABOUT CATHAY GENERAL BANCORP Cathay General Bancorp (Nasdaq: CATY) is the holding company for Cathay Bank. Cathay General Bancorp’s website is at www.cathaygeneralbancorp.com. Founded in 1962, Cathay Bank offers a wide range of

JPMorganChase Declares Preferred Stock Dividends

Fri, 08/15/2025 - 18:20
NEW YORK--(BUSINESS WIRE)--JPMorgan Chase & Co. (NYSE: JPM) (“JPMorganChase” or the “Firm”) has declared dividends on the outstanding shares of the Firm’s Series II and OO preferred stock. Information can be found on the Firm’s Investor Relations website at https://www.jpmorganchase.com/ir/news. JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorganChase had $4.6 trillion in assets and $35

iShares® iBonds® ETF Nears Final Distribution Date

Fri, 08/15/2025 - 18:20
NEW YORK--(BUSINESS WIRE)--BlackRock announced today the planned termination of the iShares iBonds Oct 2025 Term TIPS ETF which includes the following timelines for trading, net-asset value (NAV) calculation and expected liquidation: Ticker Fund name Exchange Last day of trading Final NAV calculation date Liquidation date IBIB iShares® iBonds® Oct 2025 Term TIPS ETF NYSE Arca 10/15/25 10/15/25 10/20/25 iBonds ETFs are designed to cease trading and mature during a specific maturity window like a

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