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IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot, a leading provider of products and services that power the homeownership journey, is proud to announce that six of its retail loan originators have been named to the Asian Real Estate Association of America's (AREAA) annual “A-List,” which recognizes the housing industry's top-producing Asian American, Native Hawaiian, and Pacific Islander (AANHPI) professionals and their contributions to the AANHPI community. “As a purpose-driven lender, we’re commit

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a-” (Excellent) of California Insurance Company (Foster City, CA) and its affiliates, which are collectively referred to as North American Casualty Group (NAC). The outlook of these Credit Ratings (ratings) is negative. (Please see below for a detailed listing of the companies and ratings.) The ratings reflect NAC’s balance sheet

HOUSTON--(BUSINESS WIRE)--Chamberlain Hrdlicka’s M&A team, led by David Sheinbein, represented privately-held US-based Amran Instrument Transformers and India-based Narayan Powertech Pvt. Ltd ("Amran/Narayan Group") in two simultaneous sale transactions to Standex International Corporation (NYSE: SXI). With manufacturing locations in the United States and India and customers in more than 60 countries, Amran/Narayan Group is a leading manufacturer and distributor of low-voltage and medium-vo

SANTA ROSA, Calif.--(BUSINESS WIRE)--Exchange Bank (OTC: EXSR) today announced its unaudited financial results for the third quarter 2024, reporting net income after taxes of $4.9 million. HIGHLIGHTS: Third quarter net income after taxes was $4.9 million compared to $5.2 million in the second quarter and $4.9 million for first quarter. The Bank’s on balance sheet liquidity (cash and equivalents, deposits held in other institutions, and unpledged available-for-sale securities) remains strong at

MINNEAPOLIS--(BUSINESS WIRE)--Financial advisors Kelly France, CFP®, AWMA℠ and Dan Lotts recently joined a well-established independent Ameriprise Financial, Inc. (NYSE: AMP) practice, River Prairie Wealth Partners. The team is based in Altoona, Wisconsin and is led by Ameriprise Private Wealth Advisor Adam Mohr, CRPC™, APMA™. Together, France and Lotts have more than 30 years of experience in the industry, most recently with LPL Financial, and they join the firm with more than $250 million in

CALI, Colombia--(BUSINESS WIRE)--Today, at the 2024 United Nations Biodiversity Conference, Conservation International, The Nature Conservancy, The Pew Charitable Trusts, Re:wild, The Wildlife Conservation Society, and World Wildlife Fund in the US announced the formation of a coalition to scale climate and conservation outcomes through the use of sovereign debt conversions. The Context The world is facing dual crises: rapid biodiversity loss and devastating impacts of climate change, both affe

WAYNE, Pa.--(BUSINESS WIRE)--Inverness Graham (the “Firm” or “IGI”), a Philadelphia-based buyout firm focused on acquiring innovative companies where technology is transforming traditional industry, is pleased to announce the final close of the Inverness Graham Green Light Fund (the “Fund”) at $238 million, exceeding its $200 million target. The Green Light Fund represents a new fund series at Inverness Graham, leveraging the Firm’s deep expertise in the lower middle market. The Fund was specif

WASHINGTON--(BUSINESS WIRE)--Today, Defense Unicorns, a veteran-founded, Department of Defense (DoD) focused, software delivery company, announces the launch of the Airgap App Store™, a marketplace of applications that support national security missions. The Airgap App Store will arm mission operators for modern warfare one application at a time, going from an initial release of dozens of applications to its intended catalog of thousands of mission capabilities. Empowering Modern Warfare, One A

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 8 classes of mortgage-backed notes from Deephaven Residential Mortgage Trust 2024-1 (DRMT 2024-1), a $514.6 million non-prime RMBS transaction. The underlying collateral, comprising of 1,330 residential mortgages, is characterized by a notable concentration of alternative income documentation (91.8%). The majority of the loans are either classified as non-qualified mortgages (Non-QM) (53.6%) or exempt (46.4%) from the Ability-to-Rep

DALLAS--(BUSINESS WIRE)--The Federal Home Loan Bank of Dallas (Bank) today reported net income of $184.4 million for the quarter ended September 30, 2024. In comparison, for the quarters ended June 30, 2024 and September 30, 2023, the Bank reported net income of $187.3 million and $247.7 million, respectively. For the nine months ended September 30, 2024, the Bank reported net income of $552.3 million, as compared to $662.0 million for the nine months ended September 30, 2023. Total assets at S

BOCA RATON, Fla.--(BUSINESS WIRE)--ODP Business Solutions Announces Renewal of Disney Institute Professional Development Courses Sponsorship

HOUSTON--(BUSINESS WIRE)--NRG Energy, Inc. (NYSE:NRG) announced today the pricing terms of the previously announced offer to purchase for cash (the “Tender Offer”) for any and all of the outstanding 6.75% senior secured notes due 2027 (the “Notes”) issued by APX Group, Inc. (“APX”), a wholly-owned subsidiary of NRG. The Tender Offer is being made pursuant to the terms and subject to the conditions set forth in the offer to purchase and consent solicitation statement, dated October 15, 2024 (the

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming December 16, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired WM Technology, Inc. (“WM Technology” or the “Company”) (NASDAQ: MAPS) securities between May 25, 2021, and September 24, 2024, inclusive (the “Class Period”). If you suffered a loss on your WM Technology investments or would like to inquire about pote

NEW YORK--(BUSINESS WIRE)--Vibe Revolutionizes TV Advertising for SMBs with New AI-Powered Products

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a-” (Excellent) from “bbb+” (Good) of Jet Insurance Company (Jet) (Charlotte, NC). The outlook of these Credit Ratings (ratings) has been revised to stable from positive. The ratings reflect Jet’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and app

DENVER--(BUSINESS WIRE)--Attorney Ann Marie Byers has joined Dorsey & Whitney LLP as Of Counsel in the Intellectual Property Litigation group in Denver, the law firm announced today. “I’m so delighted to have the opportunity to work with Ann Marie again,” said Case Collard, Dorsey’s Denver office head, who previously worked with Ann Marie at another firm. “Her deep IP experience and practical, client-focused approach will be an asset to our clients, and her skill as a mentor will be valuabl

PALO ALTO, Calif.--(BUSINESS WIRE)-- #ElevX--Applications open for Elev X! Ignite, NEC X's venture studio program that offers early-stage founders unmatched support, resources and equity funding.

NEW YORK--(BUSINESS WIRE)--Wells Fargo (NYSE: WFC) today announced that it now offers PazeSM,1 a new online checkout solution to all customers with eligible credit and debit cards. Paze is an easy and convenient way to shop online, combining customers’ eligible credit and debit cards into a new online checkout solution. Paze features added security because it replaces a card number with a different number, so the 16-digit card number is not shared with the online merchant. Wells Fargo customers

MILWAUKEE--(BUSINESS WIRE)--Ademi LLP is investigating GlycoMimetics (NASDAQ: GLYC) for possible breaches of fiduciary duty and other violations of law in its transaction with Crescent. Click here to learn how to join our investigation or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you. Under the agreement, GlycoMimetics stockholders are expected to own approximately 3.1% of the combined company and Crescent stockholders are expected to own approximately 96.9% o

LAS VEGAS--(BUSINESS WIRE)--Money20/20, the world’s leading fintech show, and the place where money does business hosted a virtual keynote session with Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC) yesterday in a fireside chat at Money20/20’s US show in Las Vegas. Moderated by Axios Senior Business Reporter Hope King, the conversation explored SEC policies and the impact on both traditional investments and digital finance, providing the audience with insights into the