Bulldog Investors, a major shareholder of Investcorp Credit Management BDC (ICMB), accuses Investcorp of mismanaging ICMB, leading to a steep drop in share price from $10.51 in 2019 to about $1.40 in 2026 and stopping dividends. Despite assurances of strong fiduciary responsibility and risk management, Investcorp collected $43.5 million in fees, more than double ICMB's current market cap, and engaged in costly related-party loans increasing ICMB's expenses. Bulldog calls on Investcorp to honor its commitments by offering to buy all public shares at $5.04, the last reported net asset value before costly financing deals. A special committee and financial advisor have been appointed to explore strategic alternatives as ICMB struggles financially.
Imagine, a brand experience firm, has partnered with Bojangles to redesign and enhance the restaurant experience across multiple locations. The collaboration focused on aligning brand strategy with physical design elements like décor and signage to c...
Salesforce, Snowflake, Marvell, and HP are set to report earnings, providing a broad view of AI demand across enterprise software, data cloud, custom silicon, and PCs. Investors are watching for signs that AI-related products and services are driving...
SCOR SE has successfully placed €500 million of subordinated bonds due in 2056, featuring a fixed interest rate of 4.51% until 2036, then switching to a variable rate. These bonds qualify as Tier 2 regulatory capital under Solvency II and received an...
SCOR SE successfully issued €500 million subordinated notes due in 2056, with an initial fixed interest rate of 4.510% until 2036, then switching to a variable rate. These notes qualify as Tier 2 regulatory capital under Solvency II and are rated A3 ...
At its 2026 General Shareholders' Meeting, Publicis Groupe approved a 4.17% dividend increase to 3.75 euros per share, payable July 3, 2026. The meeting also renewed Tidjane Thiam's board term and appointed Benjamin Badinter and Jaime Teevan as new d...
