Newsroom
Sorted by: Latest
-
Wells Fargo Announces Retirement of Chief Risk Officer, Derek Flowers; Chief Operating Officer, Scott Powell, to Become Chief Risk Officer
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo Bank, N.A., today announced that Chief Risk Officer (CRO), Derek Flowers, intends to retire from Wells Fargo in mid-January after nearly three decades of dedicated service.Upon Mr. Flowers’ retirement, Scott Powell, Chief Operating Officer (COO), will become CRO.Mr. Flowers started at Wells Fargo in 1995 and advanced through a series of roles, developing deep credit expertise across Wells Fargo’s business lines. He later was Chief Credit Officer before...
-
AM Best Affirms Credit Ratings of Assurant, Inc. and Its Property/Casualty and Life/Health Subsidiaries
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 ICR) of “aa-” (Superior) of the U.S. property/casualty (P/C) subsidiaries of Assurant, Inc. (Assurant) (headquartered in Atlanta, GA) [NYSE: AIZ]. These companies are collectively referred to as Assurant P&C Group (Assurant P&C). At the same time, AM Best has affirmed the Long-Term ICR of “a-” (Excellent), all associated Long-Term Is...
-
MFA Financial, Inc. Announces Dividend of $0.36 per Share
NEW YORK--(BUSINESS WIRE)--MFA Financial, Inc. (NYSE: MFA) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.36 per share of common stock. The dividend will be paid on October 30, 2026, to common stockholders of record on October 5, 2026. MFA Financial, Inc. is a leading specialty finance company that invests in residential mortgage loans, residential mortgage-backed securities and other real estate assets. Through its wholly owned subsidiary Lima...
-
American Express Plans Live Audio Webcast of Third-Quarter 2026 Earnings Conference Call
NEW YORK--(BUSINESS WIRE)--American Express Company (NYSE: AXP) plans to host a live audio webcast of its earnings conference call at 8:30 a.m. (ET) on Friday, October 23, 2026, to discuss the company’s third-quarter 2026 financial results. The webcast will be accessible to the general public through the American Express Investor Relations website at https://ir.americanexpress.com/. The financial results and presentation materials are scheduled to be released and posted on the website at approx...
-
Homes.com Shares Most Expensive Home Sales Across Major U.S. Markets in August
ARLINGTON, Va.--(BUSINESS WIRE)--Homes.com, a leading online residential marketplace and part of CoStar Group (NASDAQ: CSGP), today published an analysis of the most expensive publicly marketed home sales across major U.S. metropolitan areas for the month of August. The full analysis is available here. The list highlights the top closed sales in leading markets nationwide based on publicly marketed transactions recorded in Multiple Listing Service (MLS) data. August’s most expensive publicly ma...
-
AutoNation Celebrates 10 Years of DRV PNK with $1 Million in New Cancer Grants and More than $50 Million Raised and Donated Nationwide
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Together with more than 20,000 Associates nationwide, AutoNation, Inc. (NYSE:AN) celebrates a decade of DRV PNK and more than $50 million raised and donated to drive out cancer. To commemorate these milestones, AutoNation announced an additional $1 million investment through 10 grants of $100,000 each to 10 longtime partners advancing cancer research and supporting patients, survivors, and caregivers. Over the past decade, DRV PNK has evolved into a defin...
-
Alcoa Corporation Announces Closing of Debt Offering to Finance Cash Consideration for Acquisition of South32’s Bauxite, Alumina and Aluminum Assets
PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE:AA, ASX:AAI) (“Alcoa”) announced today the closing of the offering of $2,600,000,000 aggregate principal amount of senior notes (the “notes”), consisting of $1,500,000,000 aggregate principal amount of 6.625% senior notes due 2034 issued by Alumina Pty Ltd (ABN 85 004 820 419) (“Alumina”) and $1,100,000,000 aggregate principal amount of 6.875% senior notes due 2036 issued by Alcoa Nederland Holding B.V. (together with Alumina, the “Issuers”)....
-
Northern Trust Corporation to Webcast Third Quarter 2026 Earnings Conference Call
CHICAGO--(BUSINESS WIRE)--Northern Trust will webcast its third quarter earnings conference call live on Wednesday, October 21, 2026....
-
Virtus Artificial Intelligence & Technology Opportunities Fund Announces Increase to Monthly Distributions and Discloses Sources of Distribution – Section 19(a) Notice
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) today announced it will increase its monthly distribution from $0.18 per share to $0.21 per share, an increase of 17% or $0.03 per share, effective with the October distribution: Ticker Amount of Distribution Ex-Date/Record Date Payable Date AIO $0.21 October 13, 2026 October 29, 2026 AIO $0.21 November 12, 2026 November 27, 2026 This increase is part of the Fund’s ongoing efforts to...
-
First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of distributions for 149 exchange-traded fund(s) (each a “Fund,” collectively, the “Funds”) advised by FTA. The following dates apply to today's distribution declarations: Expected Ex-Dividend Date: September 24, 2026 Record Date: September 24, 2026 Payable Date: September 30, 2026 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount ACTIVELY MANAGED EXCHANGE-TRADED FUNDS First Trust...