Finance News

SUN VALLEY, Calif.--(BUSINESS WIRE)--Mission Valley Bancorp (OTCQX: MVLY, “Mission Valley”, or the “Company”) announced today net income of $1.2 million, or $0.36 per diluted share, for the third quarter of 2026, compared to net income of $2.1 million, or $0.62 per diluted share, for the third quarter of 2025. Net income for the nine months ended September 30, 2026 was $3.8 million, or $1.11 per diluted share, compared to net income of $4.9 million, or $1.45 per diluted share, for the nine month...

NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, is notifying shareholders, prospective shareholders, and third parties of the sources of distributions pursuant to Section 19(a) of the Investment Company Act of 1940 (the “Investment Company Act”). IMPORTANT INFORMATION REGARDING MONTHLY DISTRIBUTION Distribution Notice. Pursuant to Section 19(a) of th...

NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund (NYSE: BRW) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, is notifying shareholders, prospective shareholders, and third parties of the sources of distributions pursuant to Section 19(a) of the Investment Company Act of 1940 (the “Investment Company Act”). IMPORTANT INFORMATION REGARDING MONTHLY DISTRIBUTION Distribution Notice. Pursuant to Section 19(a) of the In...

HOUSTON--(BUSINESS WIRE)--Helena Dumont, LP (“Helena Dumont”), a private investment platform based in Houston, Texas, today announced that it has acquired Specialty Metal Products, LLC, doing business as SMP Supply (“SMP Supply” or the “Company”), a distributor of pipe, valves, fittings, and flanges (PVF) headquartered in Houston, Texas. The transaction closed on October 19, 2026. Financial terms were not disclosed.Founded in 1987, SMP Supply provides commodity and specialty PVF products and val...

MIAMI--(BUSINESS WIRE)--Gencom, a U.S.-based investment firm that owns and develops prized real estate around the world, in partnership with Miami-based White Bridge Capital, announces the acquisition of the iconic InterContinental Miami, a 652-room waterfront hotel and longtime fixture of the Downtown Miami skyline located at 100 Chopin Plaza. Situated at the confluence of the Miami River and Biscayne Bay, the property is one of the city’s most recognizable hospitality destinations, with a pro...

KNOXVILLE, Tenn.--(BUSINESS WIRE)--SmartFinancial, Inc. (“SmartFinancial”) (NYSE: SMBK), the parent company for SmartBank, announced that on October 30, 2026, the board of directors of SmartFinancial declared a quarterly cash dividend of $0.09 per share of SmartFinancial common stock payable on December 1, 2026, to shareholders of record as of the close of business on November 16, 2026. About SmartFinancial, Inc. SmartFinancial, Inc., based in Knoxville, Tennessee, is the publicly-traded bank h...

MEXICO CITY--(BUSINESS WIRE)--AM Best has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a- “(Excellent) from “bbb+” (Good) of Patria Re (US), Inc. (Patria US) (Charleston, SC). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Patria US’ balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise ri...

HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE: RNGR) today announced Stuart Bodden, Chief Executive Officer and Melissa Cougle, Executive Vice President and Chief Financial Officer, will present at the Southwest IDEAS Investor Conference on Thursday November 19, 2026 at The Westin Convention Center at Las Colinas in Dallas, TX. The presentation will be webcast and can be accessed through the conference host’s main website: https://www.threepartadvisors.com/southwest and in the in...

DENVER--(BUSINESS WIRE)--The Principal Real Estate Income Fund (NYSE:PGZ) announces the sources of a distribution paid on October 30, 2026 of $0.1050 per share to shareholders of record at the close of business on October 16, 2026, pursuant to the Fund's managed distribution plan. This press release is issued as required by an exemptive order granted to the Fund by the U.S. Securities and Exchange Commission and includes the notice below sent to shareholders regarding the source of the distribu...

NEW YORK--(BUSINESS WIRE)--Today, BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI), Bla...