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Gartner to Report Fourth Quarter 2023 Financial Results on February 6, 2024

Lastest from Businesswire - Tue, 01/23/2024 - 08:58
STAMFORD, Conn.--(BUSINESS WIRE)--Gartner, Inc. (NYSE: IT) will report its financial results for fourth quarter 2023 before the market opens on Tuesday, February 6, 2024.

PACCAR Achieves Record Annual Revenues and Net Income

Lastest from Businesswire - Tue, 01/23/2024 - 08:58
BELLEVUE, Wash.--(BUSINESS WIRE)--“PACCAR reported record annual revenues and net income in 2023,” said Preston Feight, chief executive officer. “PACCAR’s excellent results reflect record deliveries of premium quality DAF, Peterbilt and Kenworth trucks worldwide, record Truck, Parts and Other gross margins and strong financial services performance. I am very proud of our employees and dealers who delivered outstanding trucks and transportation solutions to our customers.” PACCAR achieved quarte

Sunbit Closes $310M Debt Warehouse Facility with Citi and Ares Management

Lastest from Businesswire - Tue, 01/23/2024 - 08:58
LOS ANGELES--(BUSINESS WIRE)--Sunbit, the company building financial technology for everyday expenses, announced today that it closed a $310 million debt warehouse facility led by Citi and Ares Management Credit funds. Established in 2016 to transform how consumers access, use and benefit from credit, Sunbit will leverage the funds to meet ever-increasing consumer demand for the company’s market-dominant Buy Now, Pay Later (BNPL) solution and the next-gen, no-fee Sunbit Card. Arad Levertov, CEO

Property Management Platform Buildium Selects Beekin to Provide AI-Powered Rental Pricing to Help Small Landlords Optimize Revenue

Lastest from Businesswire - Tue, 01/23/2024 - 08:58
BOSTON--(BUSINESS WIRE)--Beekin Inc., a developer of next-generation AI platforms for rental housing investors and lenders, today announced a partnership with Buildium, the premier property management platform for small and medium-sized property owners, which is wholly owned by RealPage, Inc. Beekin provides software tools that help investors, lenders, and property management companies underwrite and optimize portfolios of apartments and single-family homes. "Data and analytics are vital to out

Momnt Named a Best Place to Work in Atlanta in 2024 by Built In

Lastest from Businesswire - Tue, 01/23/2024 - 08:58
ATLANTA--(BUSINESS WIRE)--Momnt, a leading fintech company specializing in real-time lending and payment solutions for businesses, is excited to announce they’ve been named a Best Place to Work in 2024 by Built In for the second year in a row. Specifically, Momnt earned a place on the Best Places to Work in Atlanta list and Best Midsize Places to Work in Atlanta list. “We are thrilled and honored to be recognized as one of the best places to work in both the overall and midsize categories in At

Robbins Geller Rudman & Dowd LLP Announces Proposed Settlement in the Home Point Capital Securities Litigation

Lastest from Businesswire - Tue, 01/23/2024 - 08:58
SAN DIEGO--(BUSINESS WIRE)--The following statement is being issued by Robbins Geller Rudman & Dowd LLP regarding the Home Point Capital Securities Settlement: UNITED STATES DISTRICT COURT EASTERN DISTRICT OF MICHIGAN SOUTHERN DIVISION In re HOME POINT CAPITAL INC. SECURITIES LITIGATION   Civ No. 4:21-cv-11457-SDK-KGA       Judge Shalina D. Kumar Magistrate Judge Kimberly G. Altman   CLASS ACTION   SUMMARY NOTICE OF PROPOSED SETTLEMENT OF CLASS ACTION TO: ALL PERSONS AND ENTITIES THAT PURCH

FundingShield Q4 2023 Fraud Analytics Show Record High Risk for Wire & Title Fraud

Lastest from Businesswire - Tue, 01/23/2024 - 08:58
NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- #compliancemanagement--Wire and title fraud risk reached all time highs for Q4 2023. With 51.8% of loans in Q4 2023 having at least one risk issue. This is a ~5% rise from Q3 2023. Quarterly Data: During Q4 2023 51.8% percent of transactions on a $61bn portfolio had issues leading to a risk of wire & title fraud. On average, problematic loans had 2.2 issues per loan indicating the lack of appropriate controls by closing agents to identify and fix issues. Q4 typically is the

FlexTrade Launches New Issue Management System in Consultation with Neuberger Berman

Lastest from Businesswire - Tue, 01/23/2024 - 08:58
NEW YORK--(BUSINESS WIRE)--FlexTrade Systems (@FlexTrade), a global leader in multi-asset execution and order management systems announces a new offering for traders of public equity to plan, manage, and execute equity offerings via their new issue management system, FlexNIMS. By leveraging this all-in-one solution, global buy-side firms can reduce the time and risk involved with the new issue management process for IPOs, Follow-Ons, and Block Trades by managing the process from the deal evalua

Redfin Home Price Index: Prices Rose 0.4% in December—the Smallest Increase in Six Months

Lastest from Businesswire - Tue, 01/23/2024 - 08:58
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — U.S. home prices climbed 0.4% month over month in December—the smallest increase since June—according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. December represented the third straight month of slowing price growth. On a year-over-year basis, prices rose 6.6%. This is according to the Redfin Home Price Index (RHPI), which is similar to the S&P CoreLogic Case-Shiller Home Price Indices but publishes more

Summit Leadership Partners Hires New Partner, Private Equity

Lastest from Businesswire - Tue, 01/23/2024 - 08:58
CHARLOTTE, N.C.--(BUSINESS WIRE)--Summit Leadership Partners, top consulting firm for private equity and the middle market, has hired Lisa Craven as Partner, Private Equity.

Credit Benchmark publishes 2024 Default Risk Outlook for US industries, predicting mid-year peak in default risks followed by credit recovery

Lastest from Businesswire - Tue, 01/23/2024 - 08:58
NEW YORK--(BUSINESS WIRE)-- #banking--Credit Benchmark publishes 2024 Default Risk Outlook for US industries, predicting mid-year peak in default risks followed by credit recovery.

Bread Financial Names New Chief Technology Officer

Lastest from Businesswire - Tue, 01/23/2024 - 08:58
COLUMBUS, Ohio--(BUSINESS WIRE)--Bread Financial™ (NYSE: BFH) today announced that Allegra Driscoll has been named executive vice president and chief technology officer.

Webster Reports Fourth Quarter 2023 EPS of $1.05; Adjusted EPS of $1.46

Lastest from Businesswire - Tue, 01/23/2024 - 08:58
STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation ("Webster") (NYSE: WBS), the holding company for Webster Bank, N.A. and its HSA Bank division, today announced net income available to common stockholders of $181.2 million, or $1.05 per diluted share, for the quarter ended December 31, 2023, compared to $240.6 million, or $1.38 per diluted share, for the quarter ended December 31, 2022. Fourth quarter 2023 results include $94.7 million pre-tax ($69.3 million after tax), or $0.411

Minneapolis “Good Wins” Advertising Agency Preston Spire Named in Ad Age’s Best Places to Work 2024

Lastest from Businesswire - Tue, 01/23/2024 - 08:58
MINNEAPOLIS--(BUSINESS WIRE)--Minneapolis advertising agency Preston Spire was named in Ad Age’s Best Places to Work 2024, recognized by employees for its culture and leadership.

One Real Title Strengthens its Presence in the Midwest

Lastest from Businesswire - Tue, 01/23/2024 - 08:58
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--One Real Title expands in the Midwest, making its digital closing platform available in Michigan and Wisconsin.

Monomoy Acquires EnviroTech Services, a Founder-Owned, Value-Add Distributor of Road Surface and Maintenance Products

Lastest from Businesswire - Tue, 01/23/2024 - 08:58
NEW YORK--(BUSINESS WIRE)--Monomoy Capital Partners, a private investment firm focused on private equity and credit investing in the middle market, announced today its acquisition of EnviroTech Services, Inc., a leading value-add distributor of road surface products and provider of road maintenance services headquartered in Greeley, Colo. Founded by Roger Knoph in 1989, Monomoy is the first institutional investor in the founder-owned business. EnviroTech delivers superior road and surface solut

Moody’s Analytics Taps Numerated to Deliver AI-powered, Commercial End-to-End Loan Origination System

Lastest from Businesswire - Tue, 01/23/2024 - 08:58
BOSTON--(BUSINESS WIRE)--Numerated and Moody’s Analytics are collaborating to expand the end-to-end capabilities of Moody’s Analytics Lending Suite across all commercial and small business asset classes. The Lending Suite combines Moody’s Analytics unique data, analytics, and credit assessment capabilities with Numerated’s remarkable user experience and automation to provide a unified, robust solution for origination and portfolio management. Commercial lending, traditionally a bank's profit en

Insight Sourcing Celebrates a Strong 2023 with the Publication of its Annual Year-in-Review Report

Lastest from Businesswire - Tue, 01/23/2024 - 08:58
ATLANTA--(BUSINESS WIRE)--Insight Sourcing has published its year-in-review report, which illustrates its strength during a year largely characterized by business uncertainty.

Pavilion Payments Funds Research and Grant Award for the International Center for Responsible Gaming

Lastest from Businesswire - Tue, 01/23/2024 - 08:58
LAS VEGAS--(BUSINESS WIRE)--Pavilion Payments, the leading omnichannel payments provider exclusively serving the gaming industry, announced its support and contribution to the International Center for Responsible Gaming (ICRG). Pavilion Payments' funding will go towards a research initiative led by internationally recognized researcher and professor at Ottawa-based Carleton University, Dr. Michael J.A. Wohl, aimed at developing tools to foster responsible gambling practices. The primary objecti

Sunstone Partners Announces the Closing of the Sale of Thirdera, the Largest Independent Global Pure-Play ServiceNow Consultancy, to Cognizant

Lastest from Businesswire - Tue, 01/23/2024 - 08:58
SAN MATEO, Calif.--(BUSINESS WIRE)--Sunstone Partners, a technology-focused growth equity firm, today announced the closing of the sale of its portfolio company, Thirdera, to Cognizant (Nasdaq: CTSH). Thirdera is an Elite ServiceNow Partner specializing in advisory, implementation and optimization solutions related to the ServiceNow platform, with a strong focus on emerging enterprise workflow products. Sunstone Partners created Thirdera in 2021 by merging three companies: Evergreen Systems, Ce

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