Feed aggregator

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NYSE: VRTS) today reported financial results for the three months ended March 31, 2025. Financial Highlights (Unaudited) (in millions, except per share data or as noted)   Three Months Ended       Three Months Ended       3/31/2025   3/31/2024   Change   12/31/2024   Change U.S. GAAP Financial Measures                   Revenues $ 217.9     $ 222.0     (2 %)   $ 233.5     (7 %) Operating expenses $ 181.3     $ 189.7     (4 %)  

HOUSTON--(BUSINESS WIRE)--Stellar Bancorp, Inc. (the “Company” or “Stellar”) (NYSE: STEL) today reported net income of $24.7 million or diluted earnings per share of $0.46, for the first quarter of 2025, compared to net income of $25.2 million, or diluted earnings per share of $0.47, for the fourth quarter of 2024. “We are pleased with the great work our team is doing as we turn our efforts from building our foundation to growing our bank,” said Robert R. Franklin, Jr., Stellar’s Chief Executiv

NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE: RITM; “Rithm Capital,” “Rithm” or the “Company”) today reported the following information for the first quarter ended March 31, 2025: First Quarter 2025 Financial Highlights: GAAP net income of $36.5 million, or $0.07 per diluted common share(1) Earnings available for distribution of $275.3 million, or $0.52 per diluted common share(1)(2) Common dividend of $132.5 million, or $0.25 per common share Book value per common share of $12.39(1)  

NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today reported net revenue of $648 million and adjusted net revenue1 of $643 million for the quarter ended March 31, 2025. On both a U.S. GAAP and an adjusted basis1, Lazard reported first-quarter 2025 net income of $60 million or $0.56 per share, diluted. “First quarter performance was solid in the midst of an uncertain business environment,” said Peter R. Orszag, CEO and Chairman. “Throughout our history, we've maintained an unwavering focus

DALLAS--(BUSINESS WIRE)--CenterOak Partners Announces the Promotion of Carrie Hamilton

DEERFIELD BEACH, Fla.--(BUSINESS WIRE)-- #BreakingNews--Prosegur Security Announces Leadership Transition: Ty Stafford Appointed Executive Chairman; Daren Lopez Named Chief Executive Officer

LOS ANGELES--(BUSINESS WIRE)--ICUI Investors Have Opportunity to Join ICU Medical, Inc. Fraud Investigation with the Schall Law Firm

LOS ANGELES--(BUSINESS WIRE)--BLZE Investors Have Opportunity to Join Backblaze, Inc. Fraud Investigation with the Schall Law Firm

LOS ANGELES--(BUSINESS WIRE)--TTGT Investors Have Opportunity to Join TechTarget, Inc. Fraud Investigation with the Schall Law Firm

LOS ANGELES--(BUSINESS WIRE)--MOV Investors Have Opportunity to Join Movado Group, Inc. Fraud Investigation with the Schall Law Firm

CUPERTINO, Calif.--(BUSINESS WIRE)--LongOn Capital Announces the Acquisition of its portfolio company, WeCare Connect, by Activated Insights.

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a preliminary rating to the Class A Notes issued by MPOWER Education Trust 2025-A (“MPOWER 2025-A”), an asset-backed securitization collateralized by private education loans made to international students attending schools in the United States. MPOWER 2025-A is the second securitization of MPOWER Financing, Public Benefit Corporation (“MPOWER”). MPOWER issued its inaugural securitization in 2024. The transaction is a term ABS securitization collateralized

GILROY, Calif.--(BUSINESS WIRE)--OTCQB: PBNK - Pinnacle Bank, headquartered in Gilroy, California, announced today unaudited net income for the three months ended March 31, 2025 of $1,914,000, compared to net income of $2,453,000 for the same period in 2024. As of March 31, 2025, total assets were $892.5 million, a 7% increase from $833.1 million on March 31, 2024. Gross loans were $576.6 million on March 31, 2025 compared to $576.8 million on March 31, 2024. The allowance for credit losses on

PHILADELPHIA--(BUSINESS WIRE)--Crane Harbor Acquisition Corp. (NASDAQ:CHACU) (the "Company") has announced today the pricing of its initial public offering, which will consist of 20,000,000 units priced at $10.00 each. The units will be listed on the Nasdaq Global Market under the symbol "CHACU" and are set to start trading on April 25, 2025. Each unit offered includes one Class A ordinary share of the Company as well as a right to obtain one tenth (1/10) of a Class A ordinary share following t

NEW YORK & TOKYO--(BUSINESS WIRE)--Today, Nihon Global Growth Partners Management Inc. (“NHGGP”) announced that it has nominated, via an affiliated fund, two qualified outside directors for election to the Board of Toyo Suisan Kaisha Ltd. (2875.T) (“Toyo Suisan” or the “Company”) at the upcoming Annual General Meeting. The investor group led by NHGGP collectively owns approximately 4% of Toyo Suisan’s common shares. NHGGP also issued a presentation detailing the case for change at the Board lev

LOS ANGELES--(BUSINESS WIRE)--NOC Investors Have Opportunity to Join Northrop Grumman Corporation Fraud Investigation with the Schall Law Firm

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of HarborOne Bancorp (NASDAQ: HONE) to Eastern Bankshares, Inc. for either 0.765 shares of Eastern common stock or $12.00 in cash per share is fair to HarborOne shareholders. Halper Sadeh encourages HarborOne shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersa

VICTOR, N.Y.--(BUSINESS WIRE)-- #acquisitions--Broadstone Net Lease Partners with Prologis, Inc. on a $78.2 Million Build-to-Suit Development

MEXICO CITY--(BUSINESS WIRE)--Nu Mexico, a subsidiary of Nubank, announced today the approval of its banking license by the National Banking and Securities Commission (CNBV). With this milestone, Nu has become the first Popular Financial Society (SOFIPO) to obtain approval to transform into a bank, opening the path to increased competition in the Mexican financial sector. This milestone brings the company closer to expanding its product portfolio, including the introduction of a payroll account

WASHINGTON--(BUSINESS WIRE)--CAVA Group, Inc. (NYSE: CAVA), the category-defining Mediterranean fast-casual restaurant brand that brings heart, health, and humanity to food, will host a conference call on Thursday, May 15, 2025 at 5:00 PM Eastern Time to discuss first quarter 2025 financial results and provide a business update. A press release with first quarter financial results will be issued at approximately 4:10 PM Eastern Time on Thursday, May 15, 2025. The call will be webcast live from