Finance News

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 May 21, 2026. The dividend is payable on June 26, 2026, to holders of record as of June 5, 2026, and represents the 147th consecutive quarterly cash dividend paid to shareholders. Established in 1975, Tri Counties Bank is a wholly-owned subsidi...

SAN DIEGO--(BUSINESS WIRE)--Nuvve Holding Corp. (“Nuvve”) (Nasdaq:NVVE), a global leader in advanced energy storage, grid modernization solutions and vehicle-to-grid (V2G) technology, today announced that it received written notice (the “Notice”) on May 22, 2026 from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, since the Company had not yet filed its Quarterly Report on Form 10-Q for the period ended March 31, 2026 (the “Report”), i...

TORONTO--(BUSINESS WIRE)--Accord Announces Board Change...

ATLANTA--(BUSINESS WIRE)--Angel Oak Financial Strategies Income Term Trust (NYSE – FINS) (the “Fund”) has closed a $50 million private offering of Series A Mandatorily Redeemable Preferred Shares, due April 30, 2031 (the “MRPS”). The MRPS are rated A3 by Moody’s Investors Service, Inc. Net proceeds from the offering of the MRPS will be used primarily to refinance the Fund's existing debt and to make new portfolio investments. In addition, the Fund has entered into a Notes Purchase Agreement in...

MIAMI & INDIANAPOLIS--(BUSINESS WIRE)--GXD Labs and EquitiesFirst Announce Resolution of Claims Relating to Celsius Bankruptcy Estate...

OLDWICK, N.J.--(BUSINESS WIRE)--Outbreaks of the Ebola virus and Andes hantavirus are putting a renewed focus on the insurance implications of rare communicable disease spreads and the need for proactive risk management, according to a new AM Best commentary. The Best’s Commentary, “Insurers Better Prepared For Rare Disease Outbreak Amid Lessons From COVID-19,” notes that health experts have said neither virus poses an immediate global threat nor is expected to spread anywhere near the scale of...

CHARLOTTE, N.C.--(BUSINESS WIRE)--Please replace the release dated April 14, 2026 with the following corrected version to replace references to HITRUST with references to HIPAA/HITECH. The updated release reads:  PCI PAL RAISES THE BAR FOR PAYMENT SECURITY WITH SOC2 TYPE II WITH HIPAA/HITECH ATTESTATION PCI Pal® (LON: PCIP), the global provider of secure payment solutions, has further strengthened its position as a trusted enterprise partner with the achievement of SOC 2 Type II attestation, de...

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to three classes of notes (the “Notes”) issued by ByzFunder Asset Securitization I, LLC, Series 2026-1. ByzFunder NY LLC (“ByzFunder,” or the “Company”) is the Sponsor, Seller, and Servicer for ByzFunder Asset Securitization I, LLC, Series 2026-1. ByzFunder was founded in 2019 and is headquartered in New York, NY, with an additional office in Tampa, FL. The Company is a specialty finance company that provides working capital financing...

NEW YORK--(BUSINESS WIRE)--Oceanhawk Acquisition Corp. (Nasdaq: OHACU) (the “Company”) today announced the closing of its upsized initial public offering of 16,000,000 units. The offering was priced at $10.00 per unit, resulting in aggregate gross proceeds to the Company of $160,000,000. The underwriter has been granted a 45-day option to purchase up to an additional 2,400,000 units offered by the Company to cover over-allotments, if any. The units began trading on the Nasdaq Stock Market (“Nas...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a+” (Excellent) to Desjardins Financial Security Life Assurance Company (DFS) (Lévis, Quebec, Canada). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect DFS’ balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk m...