Managing retirement plans, such as 401(k)s, comes with significant responsibilities under the Employee Retirement Income Security Act of 1974 (ERISA). A central question for plan sponsors is whether they are breaching their fiduciary duties when they fail to remove underperforming investment
In a move that has caught the attention of investors and market analysts alike, Bexil Investment Trust (OTC PINK: BXSY) announced a quarterly distribution of $0.25 per share, payable on March 27, 2025, to shareholders of record as of March 17, 2025, with an ex-dividend date of March 17, 2025. This
Bentley Systems, Incorporated, a leading global provider of software solutions for infrastructure engineering, recently announced exceptional financial results for the fourth quarter and the entire year of 2024. The company saw substantial revenue growth and expressed an optimistic outlook for
In a noteworthy development for the reinsurance landscape, AM Best recently affirmed the Credit Ratings for Ocean International Reinsurance Company Limited (Ocean Re). This affirmation maintained Ocean Re’s Financial Strength Rating at A- (Excellent) and its Long-Term Issuer Credit Rating at &
In the fourth quarter of 2024, Louisiana-Pacific Corporation (LP) demonstrated robust financial performance despite mixed results across its business segments. The fourth quarter saw LP's Siding segment experience a notable 9% increase in net sales, reaching $362 million, while the Oriented
The sector of financial technologies or 'fintech', which more than a decade ago was only an experimental segment of the economy, over the recent years has shown consistently high rates of growth due to the general tendencies of the digitalization of society’s needs. The current market s
