Money

Premier Mortgage Resources, LLC, launches 'Hometown Heroes' program

Saturday, July 11, 2020 - 9:00pm

Under this program, any first responder or health care professional approved for a home loan through PMR will receive a closing cost credit.

Key Points: 
  • Under this program, any first responder or health care professional approved for a home loan through PMR will receive a closing cost credit.
  • Qualifying borrowers are eligible for a credit of up to $1,295 toward the cost of closing their home loan from a waived documentation fee.
  • If borrowers choose to work with a real estate agent who is participating in the program, they will receive an additional credit amount, determined by the agent.
  • The company prides itself on excellence in customer service, competitive rates and the best mortgage programs available.

SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KSF REMINDS ENPH, FSCT, PRA, WFC INVESTORS of Lead Plaintiff Deadline in Class Action Lawsuits

Saturday, July 11, 2020 - 3:50am

If you wish to serve as a Lead Plaintiff in the class action, you must petition the Court on or before the Lead Plaintiff Motion deadline.

Key Points: 
  • If you wish to serve as a Lead Plaintiff in the class action, you must petition the Court on or before the Lead Plaintiff Motion deadline.
  • KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nations premier boutique securities litigation law firms.
  • KSF serves a variety of clients including public institutional investors, hedge funds, money managers and retail investors in seeking to recover investment losses due to corporate fraud and malfeasance by publicly traded companies.
  • KSF has offices in New York, California and Louisiana.

SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KSF REMINDS ELAN, R INVESTORS of Lead Plaintiff Deadline in Class Action Lawsuits

Saturday, July 11, 2020 - 3:50am

If you wish to serve as a Lead Plaintiff in the class action, you must petition the Court on or before the Lead Plaintiff Motion deadline.

Key Points: 
  • If you wish to serve as a Lead Plaintiff in the class action, you must petition the Court on or before the Lead Plaintiff Motion deadline.
  • KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nations premier boutique securities litigation law firms.
  • KSF serves a variety of clients including public institutional investors, hedge funds, money managers and retail investors in seeking to recover investment losses due to corporate fraud and malfeasance by publicly traded companies.
  • KSF has offices in New York, California and Louisiana.

DraftKings Announces Voluntary Delisting of Warrants

Saturday, July 11, 2020 - 12:02am

DraftKings issued public and private placement warrants under the Warrant Agreement that were previously listed on Nasdaq under the ticker symbol DKNGW.

Key Points: 
  • DraftKings issued public and private placement warrants under the Warrant Agreement that were previously listed on Nasdaq under the ticker symbol DKNGW.
  • In light of the small number of holders of the private placement warrants and their limited trading volume following the redemption of the public warrants, and the costs of maintaining the listing, DraftKings has determined voluntarily to delist the private placement warrants.
  • DraftKings has not made arrangements for the listing and/or registration of the private placement warrants on another national securities exchange or quotation medium.
  • The continued listing of DraftKings Class A common stock (including such shares underlying the private placement warrants), which trades on Nasdaq under the ticker symbol DKNG, is not affected by the delisting of the warrants.

KBRA Assigns Preliminary Ratings to Loanpal Solar Loan 2020-2 Ltd. and Loanpal Solar Loan 2020-2 LLC

Friday, July 10, 2020 - 11:58pm

Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three classes of notes issued by Loanpal Solar Loan 2020-2 Ltd. and Loanpal Solar Loan 2020-2 LLC (LPSLT 2020-2-GF), an asset-backed securitization collateralized by a pool of residential solar loans.

Key Points: 
  • Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three classes of notes issued by Loanpal Solar Loan 2020-2 Ltd. and Loanpal Solar Loan 2020-2 LLC (LPSLT 2020-2-GF), an asset-backed securitization collateralized by a pool of residential solar loans.
  • The review did not result in Watch Placements on any existing KBRA transaction ratings.
  • Loanpal, LLC (Loanpal or the Company) was incorporated in California in 2003 to provide residential mortgage loans.
  • KBRA also conducted an operational assessment of Loanpal, as well as a review of the transactions legal structure and transaction documents.

ROSEN, TRUSTED GLOBAL INVESTOR COUNSEL, Reminds Wirecard AG Investors of Important Deadline in Securities Class Action – WCAGY, WRCDF

Friday, July 10, 2020 - 11:30pm

Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Wirecard AG (OTC: WCAGY, WRCDF) between August 17, 2015 and June 24, 2020, inclusive (the Class Period), of the important September 8, 2020 lead plaintiff deadline in the securities class action.

Key Points: 
  • Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Wirecard AG (OTC: WCAGY, WRCDF) between August 17, 2015 and June 24, 2020, inclusive (the Class Period), of the important September 8, 2020 lead plaintiff deadline in the securities class action.
  • To join the Wirecard class action, go to http://www.rosenlegal.com/cases-register-1880.html or call Phillip Kim, Esq.
  • Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

The Bulldog-Ancora Group Commences Tender Offer for $40 Million of Shares of Adams Natural Resources Fund

Friday, July 10, 2020 - 11:00pm

The complete terms of the tender offer are set forth in an Offer to Purchase and related materials as filed with the Securities and Exchange Commission and available at www.icommaterials.com/peo .

Key Points: 
  • The complete terms of the tender offer are set forth in an Offer to Purchase and related materials as filed with the Securities and Exchange Commission and available at www.icommaterials.com/peo .
  • Phillip Goldstein, a managing member of Bulldog, commented: Management previously told shareholders not to tender their shares to us at a 12% discount to NAV.
  • How will management justify telling shareholders not to tender shares at a 10% discount?
  • Bulldog Investors is an SEC-registered investment advisor that manages Special Opportunities Fund, Inc. (NYSE:SPE), a registered closed-end investment company, and separately managed accounts.

Document Security Systems, Inc. Announces Exercise of Full Over-Allotment Option by Underwriter in Public Offering

Friday, July 10, 2020 - 9:35pm

The price to the public in the offering was $6.25 per share and the gross proceeds to the Company from the exercise of the over-allotment option were approximately $964,500 before deducting underwriting discounts and commissions and other estimated offering expenses.

Key Points: 
  • The price to the public in the offering was $6.25 per share and the gross proceeds to the Company from the exercise of the over-allotment option were approximately $964,500 before deducting underwriting discounts and commissions and other estimated offering expenses.
  • The Company intends to use the net proceeds from this offering to fund development and growth of new business lines and acquisition opportunities, general corporate and working capital needs.
  • The total gross proceeds, including the full exercise of the over-allotment option, will be approximately $7.39 million from the public offering.
  • DSS is a multinational company operating businesses focused on brand protection technology, blockchain security, direct marketing, healthcare, real estate, and securitized digital assets.

Artisan Partners Asset Management Inc. Reports June 2020 Assets Under Management

Friday, July 10, 2020 - 9:17pm

1 Separate account AUM consists of the assets we manage in or through vehicles other than Artisan Funds or Artisan Global Funds.

Key Points: 
  • 1 Separate account AUM consists of the assets we manage in or through vehicles other than Artisan Funds or Artisan Global Funds.
  • Artisan Partners is a global investment management firm that provides a broad range of high value-added investment strategies to sophisticated clients around the world.
  • Artisan Partners' autonomous investment teams oversee a diverse range of investment strategies across multiple asset classes.
  • Source: Artisan Partners Asset Management Inc.

United Fire Group, Inc. Announces Its 2020 Second Quarter Earnings Call

Friday, July 10, 2020 - 10:00pm

CEDAR RAPIDS, Iowa, July 10, 2020 (GLOBE NEWSWIRE) -- United Fire Group, Inc. (Nasdaq: UFCS) (the "Company", "UFG", "we", or "our") announced today that its 2020 second quarter earnings results will be released before the market opens on August 5, 2020.

Key Points: 
  • CEDAR RAPIDS, Iowa, July 10, 2020 (GLOBE NEWSWIRE) -- United Fire Group, Inc. (Nasdaq: UFCS) (the "Company", "UFG", "we", or "our") announced today that its 2020 second quarter earnings results will be released before the market opens on August 5, 2020.
  • An earnings call will be held at 9:00 a.m. central time on that date to allow securities analysts, shareholders and other interested parties the opportunity to hear management discuss the Company's 2020 second quarter results.
  • The event will be archived and available for digital replay through August 19, 2020.
  • A.M. Best Company assigns a rating of "A" (Excellent) for members of the United Fire & Casualty Group.