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Bank of America Announces Full Redemption of its Series JJ Preferred Stock and Series U Preferred Stock and Related Depositary Shares May 16, 2024 04:15PM

CHARLOTTE, N.C., May 16, 2024 /PRNewswire/ -- Bank of America Corporation announced today that it will redeem all outstanding shares of its Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series JJ (CUSIP No. 060505FN9), liquidation preference $25,000 per share (the "Series JJ Preferred Stock"), and the corresponding depositary shares each representing a 1/25th interest in a share of the Series JJ Preferred Stock (CUSIP No. 060505FP4) (the "Series JJ Depositary... (continue reading...)


New Advisor for Simplify Market Neutral Equity Long/Short ETF May 16, 2024 04:15PM

NYSE Arca: EQLS

NEW YORK--(BUSINESS WIRE)-- Simplify Asset Management Inc. (“SAMI”) announces that Simplify EQLS LLC (the “New Manager’) will assume the role as investment advisor of Simplify Market Neutral Equity Long/Short ETF (the “Fund”), a series of Simplify Exchange Traded Funds (the “Trust”) effective as of May 22, 2024. The operations and day-to-day management of the Fund, including the portfolio managers, will remain the same under the... (continue reading...)


Copart Reports Third Quarter Fiscal 2024 Financial Results May 16, 2024 04:15PM

DALLAS--(BUSINESS WIRE)-- Copart, Inc. (NASDAQ: CPRT) today reported financial results for the quarter ended April 30, 2024.

For the three months ended April 30, 2024, revenue, gross profit, and net income attributable to Copart, Inc. were $1.13 billion, $525.5 million, and $382.3 million, respectively. These represent an increase in revenue of $105.4 million, or 10.3%; an increase in gross profit of $42.1 million, or 8.7%; and an increase in net income... (continue reading...)


MKS Instruments Announces Closing of Private Offering of $1.4 Billion of 1.25% Convertible Senior Notes, Including Full Exercise of Option to Purchase $200 Million of Additional Notes May 16, 2024 04:15PM

ANDOVER, Ma., May 16, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI) (“MKS”) today announced the closing of its offering of $1.4 billion aggregate principal amount of its 1.25% convertible senior notes due 2030 (the “notes”). The net proceeds from the offering were approximately $1,374.2 million, after deducting the initial purchasers’ discounts and estimated offering expenses payable by MKS. The net proceeds include the full exercise of the... (continue reading...)


Chubb Limited Shareholders Approve 31st Consecutive Annual Dividend Increase; Chubb Limited Board Declares Record Date for First Dividend Installment May 16, 2024 04:15PM

Outcome of voting on all shareholder meeting agenda items were as recommended by the Board

ZURICH, May 16, 2024 /PRNewswire/ -- Chubb Limited (NYSE: CB) announced today that at its 2024 Annual General Meeting, held at the company's offices in Zurich, Switzerland, shareholders approved a 5.8% increase in the company's dividend to $3.64 per share annually ($0.91 per share, per quarter) from $3.44 per share ($0.86 per share, per quarter). This marks the 31st consecutive... (continue reading...)


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