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Medical Properties Trust Comments on Steward Health Care Restructuring May 6, 2024 04:54PM

BIRMINGHAM, Ala.--(BUSINESS WIRE)-- Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today issued the following statement in response to Steward Health Care’s decision to commence an in-court restructuring process under Chapter 11 of the U.S. Bankruptcy Code.

MPT has approved the funding of $75 million in debtor-in-possession financing. The Company has not committed to providing additional funding beyond this amount. MPT expects... (continue reading...)


Special Opportunities Fund Provides Update On FAST Acquisition Corp. Settlement May 6, 2024 04:54PM

SADDLE BROOK, N.J.--(BUSINESS WIRE)-- Special Opportunities Fund, Inc. (NYSE: SPE) is providing the following update regarding the settlement of a class action lawsuit filed in the Delaware Court of Chancery against FAST Acquisition Corp. (“FAST”). Additional information regarding the lawsuit is also available on the settlement website.

As previously stated, the proposed settlement, which has been approved by the court, provides for a gross cash payment of... (continue reading...)


Titanium Transportation Group Completes Sale of Non-Core Assets for Gross Proceeds of $4.5M May 6, 2024 04:53PM

BOLTON, Ontario, May 06, 2024 (GLOBE NEWSWIRE) -- Titanium Transportation Group Inc. ("Titanium" or the "Company") (TSX:TTNM, OTCQX: TTNMF), a leading provider of transportation and logistics services throughout North America, today announced that it has completed the sale of non-core, undeveloped land assets, totalling approximately 21 acres, in Cornwall, Ontario for gross proceeds of $4.5 million in cash. All amounts are in Canadian currency. Proceeds of the sale... (continue reading...)


Deadliest Mpox Crisis Demands Global Action Now, says AHF May 6, 2024 04:53PM

KAMPALA, Uganda--(BUSINESS WIRE)-- As the Democratic Republic of the Congo fights its deadliest mpox outbreak in history, AIDS Healthcare Foundation (AHF) urges global cooperation for the response to the fullest extent possible to ensure the DRC and the continent have adequate resources and equitable access to lifesaving vaccines. According to the Africa Centres for Disease Control and Prevention, mpox is endemic in 12 African countries.

“The current mpox... (continue reading...)


Stellar Bancorp, Inc. Named the Third Best Performing U.S. Public Bank in the Country in S&P Global Market Intelligence’s Annual Rankings May 6, 2024 04:52PM

HOUSTON--(BUSINESS WIRE)-- On March 20, 2024, S&P Global Market Intelligence released its annual rankings for 2023’s top performing U.S. public banks with more than $10 billion in total assets. Stellar Bancorp, Inc. (“Stellar”) (NYSE: STEL), the holding company for Stellar Bank, was ranked third among the 100 banks in the analysis.

S&P Global Market Intelligence ranks institutions based on returns, growth and funding, but places a premium on the strength and... (continue reading...)


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