Finance News

NEW YORK--(BUSINESS WIRE)--KBRA assigns a long-term rating of AA+ to the Triborough Bridge and Tunnel Authority Payroll Mobility Tax ("PMT") Senior Lien Refunding Bonds, Series 2026A. Concurrently, we affirm the long-term ratings on outstanding Senior Lien PMT Bonds and certain outstanding PMT Bond Anticipation Notes issued with final maturities of greater than three years. For those PMT Bond Anticipation Notes issued with a final maturity of less than three years, KBRA affirms the short-term r...

SAN JOSE, Calif.--(BUSINESS WIRE)--Pegasus Tech Ventures and AISIN Expand CVC Fund to $100 Million. Fund expansion extends through 2036, focusing on “New Value Through Mobility.”...

NEW YORK--(BUSINESS WIRE)--Central Securities Corporation (NYSE American: CET), a closed-end investment company, today released its Annual Report to Stockholders for the year ended December 31, 2025. Figures as of December 31, 2025, compared with those of one year ago, are as follows:   December 31,   December 31,     2025   2024       Net assets per common share   $60.50   $54.26 Net assets   $1,787,876,237   $1,569,940,654 Shares outstanding   29,549,265   28,935,676 Additional details are av...

NEW YORK--(BUSINESS WIRE)--On February 17, 2026, Blue Owl Capital Corp. II (“OBDC II” or “the company”) (KBRA Issuer/ Senior Unsecured Debt ratings of BBB+/Stable outlook) filed a Form 8-K disclosing entry into loan sale agreements totaling $600 million at 99.7% of par including unfunded commitments. The transactions are expected to generate approximately $538 million of proceeds after fees, which the company intends to use to repay secured debt and to distribute approximately 30% of total net...

BOSTON--(BUSINESS WIRE)--Klaviyo (NYSE: KVYO), the autonomous B2C CRM, today announced that Andrew Bialecki, Co-Founder and Co-CEO, Chano Fernandez, Co-CEO, and Amanda Whalen, CFO, will participate in a fireside chat at the Morgan Stanley Technology, Media & Telecom Conference on Wednesday, March 4, 2026 at 5:35 p.m. ET / 2:35 p.m. PT. Live webcasts and replays will be available on Klaviyo’s investor relations website at https://investors.klaviyo.com/. About Klaviyo Klaviyo (CLAY-vee-oh) is...

NEW YORK--(BUSINESS WIRE)--Better Home & Finance Holding Company (NASDAQ: BETR), the AI-native mortgage and home equity finance company, and Framework Ventures, a leading SF-based venture capital firm with a background in the decentralized finance ecosystem, today announced they have agreed to launch a strategic partnership that aims to provide $500MM in credit via integration of Better into the Sky stablecoin ecosystem as the home finance “Star” within the Sky ecosystem. Sky allocates capi...

SÃO PAULO--(BUSINESS WIRE)--PicPay (NASDAQ: PICS) announced that it will release its financial results for the fourth quarter and full year ended December 31, 2025, on Wednesday, March 18, 2026, after market close. The Company will host a conference call and webcast to discuss its results on the same day at 6:00 PM Brasília Time (5:00 PM Eastern Standard Time). Participants may register for and access the conference call using the link found here. A live webcast and replay of the conference cal...

CHICO, Calif.--(BUSINESS WIRE)--The Board of Directors of TriCo Bancshares (NASDAQ: TCBK) (the “Company”), parent company of Tri Counties Bank, declared a quarterly cash dividend of $0.36 (thirty-six cents) per share on its common stock, no par value, on February 19, 2026. The dividend is payable on March 20, 2026, to holders of record as of March 6, 2026, and represents the 146th consecutive quarterly cash dividend paid to shareholders. Established in 1975, Tri Counties Bank is a wholly-owned...

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced its 2026 annual meeting of stockholders will take place on June 16, 2026, at 1 p.m. ET. The annual meeting will be held virtually and will be open to stockholders of record as of the close of business on April 20, 2026. Additional details will be included in the company’s proxy statement to be filed with the Securities and Exchange Commission in late April. Sallie Mae (Nasdaq: SLM) believes educa...

BIRMINGHAM, Ala.--(BUSINESS WIRE)--ProAssurance Corporation (NYSE: PRA), an industry-leading specialty insurer with extensive expertise in medical professional liability, today reported net income of $33.4 million, or $0.64 per diluted share, and operating income(1) of $42.4 million, or $0.82 per diluted share, for the three months ended December 31, 2025. For the year ended December 31, 2025, net income was $50.9 million, or $0.99 per diluted share, and operating income was $83.9 million, or $...