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Equity Commonwealth Completes Sale of 1225 Seventeenth Street Plaza and Reports 2024 Results
CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) (the “Company”) announced today that it closed on the sale of its last remaining property, 1225 Seventeenth Street, a 709,402 square foot office property in Denver, Colorado, for a gross sale price of $132.5 million, on February 25, 2025. The net purchase price was approximately $124.4 million after credits primarily for contractual lease costs. With this sale of its last remaining property, the Company is also updating the estimated agg
International Seaways Reports Fourth Quarter and Full Year 2024 Results
NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company,” “Seaways,” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today reported results for the fourth quarter and full year of 2024. HIGHLIGHTS & RECENT DEVELOPMENTS Annual and Quarterly Results: Net income for the fourth quarter was $36 million, or $0.72 per diluted share. Net income for the full year of 2024 was $417 millio
Nuveen Churchill Direct Lending Corp. Announces Full Year and Fourth Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--Nuveen Churchill Direct Lending Corp. (NYSE: NCDL) (“NCDL” or the “Company”), a business development company externally managed by its investment adviser, Churchill DLC Advisor LLC (the “Adviser”), and by its sub-adviser, Churchill Asset Management LLC (“Churchill”), today reported financial results for the full year and fourth quarter ended December 31, 2024. Financial Highlights for the Quarter Ended December 31, 2024 Net investment income of $0.56 per share Net rea
Unum Group Announces $3.4 Billion Long-Term Care Reinsurance Transaction with Fortitude Re
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group (NYSE: UNM) announced today that its Unum Life Insurance Company of America subsidiary (Unum America) has agreed to enter into an agreement to cede to Fortitude Reinsurance Company Ltd. (Fortitude Re), on a coinsurance basis, individual LTC insurance policies representing 19% of Unum's total LTC block and a quota share of IDI policies reinsured from an affiliate representing 20% of Unum's total in-force IDI premium, effective January 1, 2025. At t
ACI Worldwide, Inc. Reports Financial Results for the Quarter and Full Year Ended December 31, 2024
OMAHA, Neb.--(BUSINESS WIRE)--ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, announced financial results today for the quarter and full year ended December 31, 2024. "We are proud to have finished 2024 with stronger results than we expected across our key financial metrics, and that strength has continued as we start 2025. In 2024, we grew revenue 10%, increased adjusted EBITDA margin by more than 300 basis points to 41%, and more than doubled our cash flow t
Banc of California, Inc. to Participate in the Raymond James & Associates’ 46th Annual Institutional Investors Conference
LOS ANGELES--(BUSINESS WIRE)--Banc of California, Inc. (the “Company”) (NYSE: BANC) announced today that Jared Wolff, President and Chief Executive Officer, will meet with investors at the Raymond James & Associates’ 46th Annual Institutional Investors Conference in Orlando, Florida, on March 3, 2025. In addition to meeting with investors, Mr. Wolff will participate in a fireside chat on March 3, 2025, at 1:40 p.m. Eastern Time. The live audio webcast and replay of the fireside chat will be
Fifth Third Celebrates a Unique Holiday: Its 166.7 Percentennial
CINCINNATI--(BUSINESS WIRE)--Fifth Third known for making banking a Fifth Third Better®, is celebrating a unique milestone today; its 166.7 Percentennial anniversary.
GlobalLiving Announces New Luxury Home Development in Olde Kensington
PHILADELPHIA--(BUSINESS WIRE)--GlobalLiving Companies announces the development and promotion of a new construction gated community, Millennial Village.
Entrust Enables European Issuers to Create Their Own NFC Issuer Wallet on iOS Devices
MINNEAPOLIS--(BUSINESS WIRE)--Entrust Enables European Issuers to Create Their Own NFC Issuer Wallet on iOS Devices
Going on the Offense at MWC Barcelona 2025: Tackling Fintech Fraud in an AI and Mobile-First Era
--(BUSINESS WIRE)--iconectiv: What: During a MWC Barcelona 2025 panel session, titled "Collaborating to Fight Back Against the Global Scam Threat,” Michael O’Brien, Executive Vice President, iconectiv, joins top voices in mobile and fintech to tackle the $3 trillion global scam economy fueling organized crime. O’Brien, who brings deep expertise to the frontlines of defending consumers and businesses against this escalating threat, will explore strategies to combat call fraud and spoofing, inclu
Vonage Recognized for 5G Innovation with Gold Merit Awards for Telecom 2025
HOLMDEL, N.J.--(BUSINESS WIRE)--Vonage, a global leader in cloud communications and a part of Ericsson (NASDAQ: ERIC), has been named a Gold winner in both the 5G Networks and 5G Innovation of the Year categories at the Merit Awards for Telecom 2025. This recognition underscores Vonage’s pivotal role in shaping the future of 5G technology through its innovative network APIs, which enable businesses to accelerate digital transformation across industries. With a global reach spanning over 200 cou
KBRA Assigns Preliminary Ratings to CROSS 2025-H2 Mortgage Trust
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to ten classes of mortgage pass-through certificates from CROSS 2025-H2 Mortgage Trust, an RMBS transaction issued under the Hildene-CCC Loan Acquisition, LLC (CROSS) shelf, where Hildene Capital Management (Hildene) in affiliation with CrossCountry Mortgage (CrossCountry or CCM) and CrossCountry Capital (CCC) sponsored the transaction. The $426.8 million transaction is collateralized by a pool of 860 residential mortgages originated b
Rithm Acquisition Corp. Announces Pricing of $200 Million Initial Public Offering
NEW YORK--(BUSINESS WIRE)--Rithm Acquisition Corp. (the “Company”), a special purpose acquisition company formed for the purpose of entering into a combination with one or more businesses or entities, priced its initial public offering of 20,000,000 units at a price of $10.00 per unit. The units will be listed on the New York Stock Exchange and trade under the ticker symbol “RAC.U” with trading expected to begin on February 27, 2025. Each unit consists of one Class A ordinary share of the Compa
Rosen Law Firm Urges Game of Silks, Inc. NFT Investors with Large Losses to Contact the Firm for Information About Their Rights
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces that a Game of Silks NFT purchaser filed a class action lawsuit on behalf of all purchasers of Game of Silks non-fungible tokens (“NFTs”), including Silks Avatar NFTs, Silks Horse NFTs, and Silks Land NFTs, and who were damaged thereby. According to the complaint, the defendants “created a company to build a computer game called Game of Silks that brought real-life horse racing to the metaverse.” For more in
Clearwater Analytics and Enfusion Announce Expiration of Hart-Scott-Rodino Act Waiting Period For Proposed Acquisition of Enfusion
BOISE, Idaho--(BUSINESS WIRE)--Clearwater Analytics Holdings, Inc. (NYSE: CWAN) (“Clearwater” or the “Company”), a leading worldwide provider of SaaS-based investment management, accounting, reporting, and analytics solutions, and Enfusion, Inc. (NYSE: ENFN) (“Enfusion”), a leader in software-as-a-service solutions for the investment management and hedge fund industry, today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the “HSR A
Securities Fraud Investigation Into Flywire Corporation (FLYW) Announced – Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Flywire Corporation (“Flywire” or the “Company”) (NASDAQ: FLYW) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON FLYWIRE CORPORATION (FLYW), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On February 25, 2025, after market hours, Flywire released its fo
APP Investors Have Opportunity to Join AppLovin Corporation Fraud Investigation with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)--APP Investors Have Opportunity to Join AppLovin Corporation Fraud Investigation with the Schall Law Firm
KBRA Assigns Preliminary Ratings to J.P. Morgan Mortgage Trust 2025-HE1 (JPMMT 2025-HE1)
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 6 classes of Mortgage Participation Pass-Through Certificates from J.P. Morgan Mortgage Trust 2025-HE1 (JPMMT 2025-HE1), a $357.5 million RMBS transaction sponsored by J.P. Morgan Mortgage Acquisition Corp. (J.P. Morgan) and FOCUS III Advisory, LLC (FOCUS) consisting mostly of second lien home equity line of credit (HELOC) loans. The underlying pool is seasoned approximately five months and comprises 4,741 loans, with United Wholesa
AppLovin Corporation (APP) Investors Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of AppLovin Corporation (“AppLovin” or the “Company”) (NASDAQ: APP) investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN APPLOVIN CORPORATION (APP), 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 by
Alerus Financial Corporation Declares Cash Dividend on Common Shares
MINNEAPOLIS--(BUSINESS WIRE)--Alerus Financial Corporation (NASDAQ: ALRS) announced that its board of directors declared a regular quarterly cash dividend of $0.20 per common share on February 26, 2025, a 5.26% increase over the dividend paid a year ago. The dividend is payable on April 11, 2025, to stockholders of record as of close of business on March 14, 2025. Current and historic dividend information, as well as quarterly financial statements, investor presentations, and earnings call tran