Finance News

NEW YORK--(BUSINESS WIRE)--Star Mountain Capital, LLC ("Star Mountain"), a rapidly growing, employee-owned investment firm with ~$5 billion in assets under management ("AUM"), is pleased to announce that Michelle Caruso-Cabrera has joined as Senior Advisor. Ms. Caruso-Cabrera brings 30 years of experience at the nexus of finance, economic development and communication. Ms. Caruso-Cabrera has built a distinguished career spanning global financial journalism, economic analysis and corporate leade...

NEW YORK--(BUSINESS WIRE)--Irenic Acquisition Corp. (the “Company”) announced today the closing of its initial public offering of 22,000,000 units at a price of $10.00 per unit. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant, each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share. Only whole warrants will be exercisable. The units are listed on The Nasdaq Global Market (“Nasdaq”) and trade under the ticker s...

DALLAS--(BUSINESS WIRE)--The Federal Home Loan Bank of Dallas (Bank) today reported net income of $121.9 million for the quarter ended March 31, 2026. In comparison, for the quarters ended December 31, 2025 and March 31, 2025, the Bank reported net income of $126.2 million and $150.6 million, respectively. Total assets at March 31, 2026 were $97.1 billion, compared with $108.5 billion at December 31, 2025. Average total assets decreased from $113.3 billion for the quarter ended March 31, 2025 t...

NEW YORK--(BUSINESS WIRE)--KBRA announced a companywide policy prohibiting employee participation in prediction markets and event contracts, citing the regulatory, compliance, and reputational risks associated with these rapidly evolving platforms. KBRA employees are prohibited from participating in prediction markets and event contracts, including platforms such as Kalshi and Polymarket, as well as any similar, successor, or functionally equivalent platforms. Prediction markets, or platforms t...

NEW YORK--(BUSINESS WIRE)--KBRA announced a companywide policy prohibiting employee participation in prediction markets and event contracts, citing the regulatory, compliance, and reputational risks associated with these rapidly evolving platforms. KBRA employees are prohibited from participating in prediction markets and event contracts, including platforms such as Kalshi and Polymarket, as well as any similar, successor, or functionally equivalent platforms. Prediction markets, or platforms t...

OAKVILLE, Ontario--(BUSINESS WIRE)--Harvest Portfolios Group Inc. (“Harvest”) announces the final April 2026 cash distribution for the following distribution for the Harvest Canadian T-Bill ETF for the month ending April 30, 2026. The distribution will be paid on or about May 6, 2026 to unitholders of record on April 30, 2026. Details regarding the final per unit cash distribution amount is as follows: Harvest ETF TSX Ticker Cash Distribution Harvest Canadian T-Bill ETF TBIL $0.0850 per unit Fo...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “aa-” (Superior) of the members of Old Republic Insurance Companies (Old Republic). Concurrently, AM Best has affirmed the FSR of A+ (Superior) and the Long-Term ICRs of “aa-” (Superior) of Old Republic National Title Insurance Company (Tampa, FL) and American Guaranty Title Insurance Company (Oklahoma City, OK) (collectively refer...

MIAMI--(BUSINESS WIRE)--Trivest Partners (“Trivest”), a private investment firm focused exclusively on partnering with founder- and family-owned businesses, today announced the successful sale of Miami Beef, now operating as Young American Food Brands (“YAFB” or the “Company”), to Falfurrias Management Partners, a private equity firm focused on growth-oriented middle-market businesses. YAFB was founded in 1972 by Michael Young. Now led by his sons, the Company has grown into a diversified prote...

RIDGELAND, Miss.--(BUSINESS WIRE)--BancPlus Corporation, the holding company for BankPlus, today announced that on April 28, 2026, its Board of Directors declared a quarterly cash dividend of $0.53 per share of its common stock. The cash dividend is equivalent to an annualized dividend of $2.12 per share. The cash dividend will be paid on June 15, 2026, to shareholders of record as of the close of business on May 15, 2026. About BancPlus Corporation BancPlus Corporation is the holding company o...

ATLANTA--(BUSINESS WIRE)--Ameribrands announced the acquisition of Construction and Hospitality Services, LLC, in Melbourne, Florida....