PSB

PSB Holdings, Inc. Increases Semi-Annual Cash Dividend To $0.25 Per Share

Retrieved on: 
Wednesday, June 22, 2022

The dividend is payable July 29, 2022 to shareholders of record as of July 15, 2022 and represents an increase of 8.7% over the $0.23 per share semi-annual cash dividend declared on June 15, 2021.

Key Points: 
  • The dividend is payable July 29, 2022 to shareholders of record as of July 15, 2022 and represents an increase of 8.7% over the $0.23 per share semi-annual cash dividend declared on June 15, 2021.
  • The current dividend continues a 58-year tradition of cash dividends to PSB shareholders including 29 consecutive years of increased cash dividends declared per share.
  • Our local economic climate remains healthy, and the bank remains in a strong financial position to support increased dividend payments to our shareholders.
  • More information about PSB, its management, and its financial performance may be found at www.psbholdingsinc.com.

Lifshitz Law PLLC Announces Investigation of MN, PSB, VMW, and STON

Retrieved on: 
Sunday, June 19, 2022

Lifshitz Law PLLC announces investigation into possible breach of fiduciary duties in connection with the sale of MN to Callodine Group, LLC for $12.85 in cash per share of MN owned.

Key Points: 
  • Lifshitz Law PLLC announces investigation into possible breach of fiduciary duties in connection with the sale of MN to Callodine Group, LLC for $12.85 in cash per share of MN owned.
  • Lifshitz Law PLLC announces investigation into possible breach of fiduciary duties in connection with the sale of PSB to affiliates of Blackstone Real Estate for $187.50 in cash per share of PSB owned.
  • Lifshitz Law PLLC announces investigation into possible breach of fiduciary duties in connection with the sale of VMW to Broadcom Inc.
  • The law firm responsible for this advertisement is Lifshitz Law PLLC, 1190 Broadway, Hewlett, New York 11557, Tel: (516)493-9780.

MassMutual Consumer Spending & Saving Index: Inflation is Reshaping Americans’ Summer Plans

Retrieved on: 
Tuesday, June 14, 2022

With inflation now at the forefront of many Americans financial concerns, summer plans are poised to be dramatically different this year according to the latest Consumer Spending & Saving Index from Massachusetts Mutual Life Insurance Company ( MassMutual ).

Key Points: 
  • With inflation now at the forefront of many Americans financial concerns, summer plans are poised to be dramatically different this year according to the latest Consumer Spending & Saving Index from Massachusetts Mutual Life Insurance Company ( MassMutual ).
  • This latest iteration of our Spending & Saving Index underscores the significant financial toll inflation has inflicted on Americans, including the LGBTQ+ community and people of color, said Mike Fanning , he/him, head of MassMutual U.S.
  • Many Americans are rethinking their summer spending plans with restaurant, clothing and travel industries likely continuing to feel the budget cutbacks that began during COVID.
  • The MassMutual Consumer Spending & Saving Index tracks financial outlooks and behaviors in a changing economic environment.

Lifshitz Law PLLC Announces Investigation of MN, PSB, SAIL, and STON

Retrieved on: 
Wednesday, June 8, 2022

If you are an investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq.

Key Points: 
  • If you are an investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq.
  • Lifshitz Law PLLC announces investigation into possible breach of fiduciary duties in connection with the sale of PSB to affiliates of Blackstone Real Estate for $187.50 in cash per share of PSB owned.
  • Lifshitz Law PLLC announces investigation into possible breach of fiduciary duties in connection with the sale of SAIL to Thoma Bravo for $62.25 in cash per share of SAIL owned.
  • The law firm responsible for this advertisement is Lifshitz Law PLLC, 1190 Broadway, Hewlett, New York 11557, Tel: (516)493-9780.

Lifshitz Law PLLC Announces Investigation of MN, PSB, SAIL, and STON

Retrieved on: 
Wednesday, June 8, 2022

If you are an investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq.

Key Points: 
  • If you are an investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq.
  • Lifshitz Law PLLC announces investigation into possible breach of fiduciary duties in connection with the sale of PSB to affiliates of Blackstone Real Estate for $187.50 in cash per share of PSB owned.
  • Lifshitz Law PLLC announces investigation into possible breach of fiduciary duties in connection with the sale of SAIL to Thoma Bravo for $62.25 in cash per share of SAIL owned.
  • The law firm responsible for this advertisement is Lifshitz Law PLLC, 1190 Broadway, Hewlett, New York 11557, Tel: (516)493-9780.

Would-Be Homebuyers Feeling Squeeze of Higher Home Prices and Mortgage Rates

Retrieved on: 
Tuesday, June 7, 2022

WASHINGTON, June 7, 2022 /PRNewswire/ -- The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index® (HPSI) remained relatively flat in May, decreasing by only 0.3 points but inching nearer its 10-year- and pandemic-low of 63.0 from April 2020. Surveyed consumers continue to express concerns about housing affordability, with the "Good Time to Buy" indicator reaching a new survey low, as 79% of respondents reported that it's a bad time to buy a home. Additionally, 70% of respondents expect mortgage rates to continue their recent ascent over the next 12 months. A greater share of consumers also expressed concern that they may lose their job in the next 12 months, but that component remains firmly positive generally, with only 16% of consumers expressing pessimism. Year over year, the full index is down 11.8 points.

Key Points: 
  • Additionally, 70% of respondents expect mortgage rates to continue their recent ascent over the next 12 months.
  • Duncan continued: "These results suggest to us that increased mortgage rates, high home prices, and inflation will likely continue to squeeze would-be homebuyers as well as those potential sellers with lower, locked-in mortgage rates out of the market, supporting our forecast that home sales will slow meaningfully through the rest of this year and into next."
  • Mortgage Rate Expectations: The percentage of respondents who say mortgage rates will go down in the next 12 months decreased from 5% to 4%, while the percentage who expect mortgage rates to go up decreased from 73% to 70%.
  • We enable the 30-year fixed-rate mortgage and drive responsible innovation to make homebuying and renting easier, fairer, and more accessible.

Lifshitz Law PLLC Announces Investigation of MN, PSB, SAIL, and STON

Retrieved on: 
Sunday, May 29, 2022

If you are an investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq.

Key Points: 
  • If you are an investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq.
  • Lifshitz Law PLLC announces investigation into possible breach of fiduciary duties in connection with the sale of PSB to affiliates of Blackstone Real Estate for $187.50 in cash per share of PSB owned.
  • Lifshitz Law PLLC announces investigation into possible breach of fiduciary duties in connection with the sale of SAIL to Thoma Bravo for $62.25 in cash per share of SAIL owned.
  • The law firm responsible for this advertisement is Lifshitz Law PLLC, 1190 Broadway, Hewlett, New York 11557, Tel: (516)493-9780.

PS Business Parks, Inc. Announces Expiration of “Go-Shop” Period Contained In Previously Announced Merger Agreement

Retrieved on: 
Friday, May 27, 2022

PS Business Parks, Inc. (NYSE:PSB) (PSB or the Company) announced today the expiration of the go-shop period set forth in the previously announced definitive merger agreement with affiliates of Blackstone Real Estate (Blackstone), dated as of April 24, 2022 (the merger agreement).

Key Points: 
  • PS Business Parks, Inc. (NYSE:PSB) (PSB or the Company) announced today the expiration of the go-shop period set forth in the previously announced definitive merger agreement with affiliates of Blackstone Real Estate (Blackstone), dated as of April 24, 2022 (the merger agreement).
  • To date, none of the third parties contacted by PSB or its financial advisors, or any other third parties, have made competing proposals following the execution of the merger agreement.
  • Additional information about PS Business Parks, Inc. is available on the Companys website, which can be found at psbusinessparks.com.
  • The Company claims the safe harbor protection for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.

Lifshitz Law PLLC Announces Investigation of MN, PSB, SAIL, and NLSN

Retrieved on: 
Tuesday, May 24, 2022

Lifshitz Law PLLC announces investigation into possible breach of fiduciary duties in connection with the sale of PSB to affiliates of Blackstone Real Estate for $187.50 in cash per share of PSB owned.

Key Points: 
  • Lifshitz Law PLLC announces investigation into possible breach of fiduciary duties in connection with the sale of PSB to affiliates of Blackstone Real Estate for $187.50 in cash per share of PSB owned.
  • Lifshitz Law PLLC announces investigation into possible breach of fiduciary duties in connection with the sale of SAIL to Thoma Bravo for $62.25 in cash per share of SAIL owned.
  • Lifshitz Law PLLC announces investigation into possible breach of fiduciary duties in connection with the sale of NLSN to a private equity consortium led by Evergreen Coast Capital Corporation and Brookfield Business Partners L.P. for $28.00 in cash per share of NLSN owned.
  • The law firm responsible for this advertisement is Lifshitz Law PLLC, 1190 Broadway, Hewlett, New York 11557, Tel: (516)493-9780.

Ford Pro Leading Companies into Electrified Future with Electric Vehicles, Charging Solutions, In-Vehicle Software

Retrieved on: 
Monday, May 23, 2022

Wilbur-Ellis, a global distribution leader in sustainable agriculture products and consulting, and Pacific Gas and Electric Company, Californias leading electricity provider serving northern and central California, are announcing plans to add Ford battery electric trucks and vans, Ford Pro Charging solutions, charging software and Ford Pro E-Telematics to their fleets.

Key Points: 
  • Wilbur-Ellis, a global distribution leader in sustainable agriculture products and consulting, and Pacific Gas and Electric Company, Californias leading electricity provider serving northern and central California, are announcing plans to add Ford battery electric trucks and vans, Ford Pro Charging solutions, charging software and Ford Pro E-Telematics to their fleets.
  • Wilbur-Ellis plans to add F-150 Lightning Pro trucks, Ford Pro Charging** solutions, charging software and in-vehicle telematics into its fleet in Sonoma County and the Salinas Valley of California.
  • PG&E is continuing its ongoing electric vehicle collaboration with Ford, announced in March, now with Ford Pro to add charging hardware and software solutions to select F-150 Lightning Pro trucks into its California fleet.
  • Ford Pro Charging depot software, Ford Telematics and Ford Data Services are subscription service subject to agreement to Ford Smart Mobility terms and conditions.