DENVER–(BUSINESS WIRE)–Clough Global Dividend and Income Fund (the “Fund”) is pleased to announce the successful completion of its rights offering, and the preliminary results thereof. The Fund anticipates that it will issue a total of 1,401,287 new common shares on or about August 30, 2019 as a result of the rights offering which closed on …
Category: Business
Business News from around the world.
Clough Global Equity Fund Announces Preliminary Results of Rights Offering
DENVER–(BUSINESS WIRE)–Clough Global Equity Fund (the “Fund”) is pleased to announce the successful completion of its rights offering, and the preliminary results thereof. The Fund anticipates that it will issue a total of 2,205,138 new common shares on or about August 30, 2019 as a result of the rights offering which closed on August 23, …
Lincoln Financial Group Announces the Early Tender Results of Its Cash Tender Offer for Certain Outstanding Debt Securities
RADNOR, Pa.–(BUSINESS WIRE)–Lincoln Financial Group (NYSE: LNC) (the “Company”) today announced that, pursuant to its previously announced cash tender offer (the “Offer”) for its 6.15% Senior Notes due 2036 (the “6.15% Notes”) and its 4.85% Senior Notes due 2021 (the “4.85% Notes”, and together with the 6.15% Notes, the “Notes”, and each, a “series” …
Advisory Research MLP & Energy Income Fund and MLP & Energy Infrastructure Fund Announce Upcoming Distributions
ST. LOUIS–(BUSINESS WIRE)–The Advisory Research MLP & Energy Income Fund (INFIX) and MLP & Energy Infrastructure Fund Class I (MLPPX), open-end mutual funds, announce quarterly distributions of $0.1776. The distributions, payable to shareholders of record as of August 28, 2019, will be paid on August 29, 2019. These upcoming regular quarterly distributions remain unchanged. Following …
NorthWest Indiana Bancorp Announces Third Quarter Dividend
MUNSTER, Ind.–(BUSINESS WIRE)–NorthWest Indiana Bancorp, the parent company for Peoples Bank, today announced that the Board of Directors of the Bancorp declared a dividend of $0.31 per share payable on October 3, 2019, with a record date of September 27, 2019. About NorthWest Indiana Bancorp NorthWest Indiana Bancorp is a locally managed and independent financial …
Amira Nature Foods, Ltd Receives NYSE Notice Regarding Late Form 20-F Filing
DUBAI, United Arab Emirates–(BUSINESS WIRE)–Amira Nature Food, Ltd (NYSE: ANFI) (the “Company”), announced today that New York Stock Exchange Regulation, Inc., (“NYSE”) by letter dated August 16, 2019 notified the Company that it was not in compliance with the NYSE’s continued listing requirements because the Company did not timely file its Annual Report on Form …
Datadog Files Registration Statement for Proposed Initial Public Offering
NEW YORK–(BUSINESS WIRE)–Datadog, the monitoring and analytics platform for developers, IT operations teams and business users in the cloud age, today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its Class A common stock. The number of …
KBRA Releases Report Assigning an AA+ with a Stable Outlook to the Metropolitan Transit Authority of Harris County, TX Series 2019 A & B
NEW YORK–(BUSINESS WIRE)–On August 22, 2019 Kroll Bond Rating Agency (KBRA) assigned a long-term rating of AA+ with a Stable Outlook to the Metropolitan Transit Authority of Harris County, Texas (the “Authority”) Sales and Use Tax Refunding Bonds Series 2019A and Taxable Series 2019B. This rating is supported by the Authority’s strong pledged revenue base …
Vivaldi Opportunities Fund (NYSE: VAM) Declares Monthly Distribution of $0.11767 Per Share
CHICAGO–(BUSINESS WIRE)–Vivaldi Opportunities Fund (the “Fund”), which is traded on the New York Stock Exchange under the symbol “VAM,” announced the declaration of a monthly distribution of $0.11767 per common share. The following dates apply to today’s declared dividend: Ex-Dividend Date Record Date Payable Date September 4, 2019 September 5, 2019 September 13, 2019 Vivaldi …
Fourth Point Wealth Welcomes Dan Volk
NEWPORT BEACH, Calif.–(BUSINESS WIRE)–Chris Janeway, owner of Fourth Point Wealth, a PlanMember Financial Center in Newport Beach, is pleased to announce the acquisition of IntegrityFirst Investment & Insurance Services, helmed by veteran advisor Daniel J. Volk. Volk began his financial services career in 1993 and founded IntegrityFirst Investment & Insurance Services in 2000. Dan is …
Congresswoman Eddie Bernice Johnson to Join Banks to Announce $17K Grant
10:00 a.m. Monday, August 26 at 2428 Pine Street, Dallas DALLAS–(BUSINESS WIRE)–U.S. Representative Eddie Bernice Johnson, D-TX, will join TBK Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) to announce $17,000 in Partnership Grant Program (PGP) funds for 2ndSaturday Community Development Corporation (2ndSaturday), which provides home repairs for low-income and special-needs seniors …
JK Moving Commits to Hiring and Preserving Positions for National Guard Reserves
STERLING, Va.–(BUSINESS WIRE)–#CDL—JK Moving Services, a global moving, storage, relocation, and logistics enterprise, became the first moving company to sign a Statement of Support with the District of Columbia National Guard in a ceremony with Brigadier General (Ret) Lawrence Gillespie. By doing so, the company put its commitment in writing to employing those serving in …
AM Best Affirms Credit Ratings of Ping An Health Insurance Company of China, Ltd.
HONG KONG–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Ping An Health Insurance Company of China, Ltd. (Ping An Health) (China). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Ping An Health’s balance sheet strength, which AM Best …
AM Best Affirms Credit Ratings of Hanwha General Insurance Company Limited
HONG KONG–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Hanwha General Insurance Company Limited (HGI) (South Korea). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect HGI’s balance sheet strength, which AM Best categorizes as strong, as well as …
Arlington Capital Partners Announces the Sale of Ontario Systems
WASHINGTON–(BUSINESS WIRE)–Arlington Capital Partners (“Arlington Capital”), a Washington, DC-based private equity firm, announced today that Ontario Systems (“Ontario” or the “Company”) has executed a definitive agreement to be acquired by New Mountain Capital. Ontario Systems is a leading provider of enterprise software that automates operations and accelerates revenue recovery for clients in the healthcare, accounts …
Crown Sterling Files Complaint Against UBM — Owner and Organizer of Black Hat USA 2019 Cryptography Industry Conference
NEW YORK–(BUSINESS WIRE)–A complaint has been filed in United States District Court, Southern District of New York by Crown Sterling, Ltd., LLC, an emerging digital cryptography firm, against UBM LLC, the owner, organizer and promoter of the Black Hat USA 2019 cryptography industry conference — Case number 19 CV 7900 (SDNY). Plaintiff Crown Sterling brings …
Insperity Expands Stock Repurchase Authorization and Declares Quarterly Dividend of $0.30
HOUSTON–(BUSINESS WIRE)–Insperity, Inc. (NYSE: NSP), a leading provider of human resources and business performance solutions for America’s best businesses, today announced that its board of directors has declared a quarterly cash dividend of $0.30 per share. The cash dividend will be paid on September 23, 2019 to all stockholders of record as of September 9, …
Red Robin Gourmet Burgers Reports Results for the Fiscal Second Quarter Ended July 14, 2019
GREENWOOD VILLAGE, Colo.–(BUSINESS WIRE)–Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) (“Red Robin” or the “Company”), a full-service restaurant chain serving an innovative selection of high-quality gourmet burgers in a family-friendly atmosphere, today reported financial results for the quarter ended July 14, 2019. Second Quarter 2019 Financial Highlights Compared to Second Quarter 2018 GAAP earnings per …
Legacy Acquisition Corp. and Blue Impact Announce Business Combination
Combined Company Expected to be Listed on the New York Stock Exchange Investor Conference Call Scheduled for Friday, August 23, 2019 at 11 am ET NEW YORK–(BUSINESS WIRE)–Legacy Acquisition Corp. (NYSE: “LGC”) (“Legacy”), a publicly-traded Special Purpose Acquisition Company, and Blue Focus Intelligent Communications Group (“BFICG”), announced today that Legacy has entered into a definitive …
DPW Holdings’ Conference Call and Webcast Today Postponed
Update on Digital Farms Rescheduled to August 26, 2019 NEWPORT BEACH, Calif.–(BUSINESS WIRE)–$CryptoMining #Coolisys–DPW Holdings, Inc. (NYSE American: DPW), a diversified holding company (“DPW” or the “Company”), today announced that its Conference Call and Webcast updating stockholders, investors and interested parties on Digital Farms, Inc. (“DFI”), a wholly-owned subsidiary, has been postponed from August 23, …