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NEW YORK--(BUSINESS WIRE)--KBRA assigns a long-term rating of AA+ with a Stable Outlook to the State of Illinois (the "State"), Build Illinois Bonds (Sales Tax Revenue Bonds), Junior Obligation Series A and B of June 2026 (the "Junior Bonds"). KBRA additionally affirms the long-term rating of AA+ with a Stable Outlook for the State's outstanding parity Junior Obligation Build Illinois Bonds. Key Credit Considerations The rating actions were because of the following key credit considerations: Cr...

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of the monthly distributions for certain exchange-traded funds advised by FTA. The following dates apply to today's distribution declarations: Expected Ex-Dividend Date: June 1, 2026 Record Date: June 1, 2026 Payable Date: June 2, 2026 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount   ACTIVELY MANAGED EXCHANGE-TRADED FUNDS   First Trust Exchange-Traded Fund ACYN NYSE Arca FT Vest Lad...

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced Co-President and Chief Financial Officer Pete Graham will speak at the 2026 Morgan Stanley US Financials Conference on Wednesday, June 10, at 7:30 a.m. ET. A live audio webcast and replay will be available at SallieMae.com/investors. Sallie Mae (Nasdaq: SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we prov...

PARIS--(BUSINESS WIRE)--Meilleurtaux, a leading omnichannel financial services brokerage platform (credit, insurance, investments), announced today the launch of a dedicated mortgage lending app directly within ChatGPT, OpenAI’s artificial intelligence platform, which now has several hundred million active users worldwide. With this new service, Meilleurtaux reaches another milestone in its “AI First” strategy and reinforces its commitment to supporting French consumers in the adoption of artif...

DAYTON, Minn.--(BUSINESS WIRE)--Forgent Power Solutions, Inc. (NYSE: FPS) (“Forgent” or the “Company”), a leading designer and manufacturer of electrical distribution equipment used in data centers, the power grid and energy-intensive industrial facilities, today announced the pricing of an upsized public offering of its Class A common stock at a public offering price of $47.00 per share. The offering consists of 28,542,420 shares of Class A common stock being offered by parent entities of the...

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to 11 classes of mortgage-backed notes from OBX 2026-R2 Trust, a $407.3 million non-prime RMBS transaction. The underlying collateral, comprising 947 seasoned residential mortgages that were previously securities in prior transactions with Onslow Bay. Fixed-rate mortgages (FRMs) and hybrid adjustable-rate mortgages (ARMs) make up 88.7% and 11.3% of the pool, respectively. A majority of the loans are either classified as non-qualified m...

CLEVELAND--(BUSINESS WIRE)--TFS Financial Corporation (NASDAQ: TFSL) (the “Company”), the holding company for Third Federal Savings and Loan Association of Cleveland (the “Association”), today announced that the Board of Directors declared a quarterly cash dividend of $0.2825 per share, payable on June 24, 2026, to stockholders of record on June 10, 2026. Third Federal Savings and Loan Association of Cleveland, MHC (the “MHC”), the mutual holding company of the Company and owner of 227,119,132...

SÃO PAULO--(BUSINESS WIRE)--Pax, an AI-native company that builds real-time intelligence platforms for public safety, announced today a $40 million seed round co-led by Greenoaks and Benchmark – one of the largest seed investments in the history of Latin America. In its first large-scale deployment, Pax cut violent crimes by 27 percent, doubled police efficiency, and increased public perception of safety by 59 percent – all within six months. Police forces using the platform have since resolved...

ORLANDO, Fla.--(BUSINESS WIRE)--ICHRA Masters is proud to announce the opening of its Florida office, expanding its presence to meet growing broker demand for ICHRA support as employers increasingly explore alternatives to traditional group health plans. The new office, located at 1800 Pembrook Drive, Suite 300, ORLANDO, FL 32810, will serve as a regional hub for brokers working with Individual Health Reimbursement Arrangements (ICHRAs). ICHRA Masters works with brokers nationwide to support th...

ST. LOUIS, Mo.--(BUSINESS WIRE)--Focus Financial Partners Inc., a leading financial services firm comprised of integrated wealth management, family office, and business management services, announced today that Focus Partners Wealth, LLC will acquire EverNest Financial Advisors, LLC in a transaction expected to close in the third quarter of 2026, subject to customary closing conditions. EverNest is expected to add approximately $960 million, measured as of December 31, 2025, to Focus Partners W...