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AM Best Revises Outlooks to Negative for Compañía de Seguros Generales Everest Mexico, S.A. de C.V.
MEXICO CITY--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of Compañía de Seguros Generales Everest Mexico, S.A. de C.V. (Everest Mexico) (Mexico City, Mexico). Concurrently, AM Best has affirmed the National Scale Rating (NSR) of “aaa.MX” (Exceptional). The outlook of the NSR is stable. Everest Mexico is a member of Everest Gr
Best’s Market Segment Report: AM Best Maintains Stable Outlook on Taiwan’s Non-Life Insurance Segment
HONG KONG--(BUSINESS WIRE)-- #insurance--AM Best has maintained its stable outlook on Taiwan’s non-life insurance segment, noting that premium growth prospects remain robust and are supported by steady economic conditions and strong insurance demand. Also underpinning the stable outlook, as detailed in the Best’s Market Segment Report, “Market Segment Outlook: Taiwan Non-Life Insurance”, are insurers’ healthy operating profitability in 2024 and regulatory initiatives that support improvements in underwritin
KBRA Assigns Preliminary Ratings to Sequoia Mortgage Trust 2025-S2 (SEMT 2025-S2)
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 60 classes of mortgage pass-through certificates from Sequoia Mortgage Trust 2025-S2 (SEMT 2025-S2), a prime RMBS transaction collateralized by 676 seasoned fixed-rate residential mortgage loans with an aggregate scheduled principal balance of approximately $554.7 million. 100% of the pool has been designated as a Qualified Mortgage (QM). KBRA’s rating approach incorporated loan-level analysis of the mortgage pool through its Reside
Securities Fraud Investigation Into James Hardie Industries plc (JHX) Announced – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of James Hardie Industries plc (“James Hardie” or the “Company”) (NYSE: JHX) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON JAMES HARDIE INDUSTRIES PLC (JHX), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On August 19, 2025, James Hardie disclosed that
Qorvo Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Qorvo, Inc. - QRVO
NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Qorvo, Inc. (NasdaqGM: QRVO) to Skyworks Solutions, Inc. (NasdaqGS: SWKS). Under the terms of the proposed transaction, shareholders of Qorvo will receive $32.50 in cash and 0.960 of a Skyworks common share for each share of Qorvo that they own. KSF is seeking to determine whether this consider
Securities Fraud Investigation Into Varonis Systems, Inc. (VRNS) Announced – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Varonis Systems, Inc. (“Varonis” or the “Company”) (NASDAQ: VRNS) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON VARONIS SYSTEMS, INC. (VRNS), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On October 28, 2025, Varonis released its third quarter 2025
First Northern Community Bancorp Reports Third Quarter 2025 Net Income of $6.0 Million
DIXON, Calif.--(BUSINESS WIRE)--First Northern Community Bancorp (the “Company”, OTCQX: FNRN), holding company for First Northern Bank (“First Northern” or the “Bank”), today reported net income of $15.2 million, or $0.96 per diluted share, for the nine months ended September 30, 2025, up 6.8% compared to net income of $14.2 million, or $0.88 per diluted share, for the nine months ended September 30, 2024. Net income for the quarter ended September 30, 2025, was $6.0 million, or $0.38 per dilut
Securities Fraud Investigation Into Stride, Inc. (LRN) Continues – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz continues its investigation of Stride, Inc. (“Stride” or the “Company”) (NYSE: LRN) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON STRIDE, INC. (LRN), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On September 14, 2025, Simply Wall St. published a report stating that the Gallup-M
First Foundation Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of First Foundation Inc. - FFWM
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of First Foundation Inc. (NYSE: FFWM) to FirstSun Capital Bancorp (NasdaqGS: FSUN). Under the terms of the proposed transaction, shareholders of First Foundation will receive 0.16083 of a share of FirstSun common stock for each share of First Foundation that they own. KSF is seeking to determine whethe
Olympic Steel Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Olympic Steel, Inc. - ZEUS
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Olympic Steel, Inc. (NasdaqGS: ZEUS) to Ryerson Holding Corporation (NYSE: RYI). Under the terms of the proposed transaction, shareholders of Olympic Steel will receive 1.7105 Ryerson shares of common stock for each share of Olympic Steel that they own and will own approximately 37% of the combined
CSG Systems Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of CSG Systems International, Inc. - CSGS
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of CSG Systems International, Inc. (NasdaqGS: CSGS) to NEC Corporation. Under the terms of the proposed transaction, shareholders of CSG will receive $80.70 in cash for each share of CSG that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, o
KBRA Assigns Preliminary Ratings to Pagaya Point of Sale Holdings Grantor Trust 2025-2 and Pagaya Point of Sale Holdings Trust 2025-2
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to nine classes of notes issued by Pagaya Point of Sale Holdings Grantor Trust 2025-2 and Pagaya Point of Sale Holdings Trust 2025-2 (collectively “POSH 2025-2”), a point-of-sale unsecured consumer loan ABS transaction. POSH 2025-2 has initial hard credit enhancement levels of 34.98% for the Class A Notes to 2.18% for the Class F Notes. Credit enhancement is comprised of overcollateralization, subordination (except for the Class F Note
Rosen Law Firm Encourages Hormel Foods Corporation Investors to Inquire About Securities Class Action Investigation – HRL
NEW YORK--(BUSINESS WIRE)--Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Hormel Foods Corporation (NYSE: HRL) resulting from allegations that Hormel may have issued materially misleading business information to the investing public. So What: If you purchased Hormel securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
AM Best Revises Outlooks to Negative for Everest Group, Ltd. and Its Subsidiaries
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of the operating subsidiaries of Everest Group, Ltd. (Bermuda) (collectively referred to as Everest). Concurrently, AM Best has revised the outlooks to negative from stable and affirmed the Long-Term ICRs of “a-” (Excellent) of Everest Group, Ltd. and Everest Reinsura
Fiserv, Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights – FI
LOS ANGELES--(BUSINESS WIRE)--Fiserv, Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights – FI
Citizens Financial Group Announces Prime Rate Change
PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) announced today that Citizens Bank, N.A. has decreased its prime lending rate to 7.00 percent from 7.25 percent, effective Thursday, October 30, 2025. About Citizens Financial Group, Inc. Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $222.7 billion in assets as of September 30, 2025. Headquartered in Providence, Rhode Island, Citizens offers a broad range of reta
Northern Trust Decreases Prime Rate
CHICAGO--(BUSINESS WIRE)-- #primerate--Northern Trust has decreased its prime rate, effective October 30, 2025.
KBRA Assigns Preliminary Ratings to Oxford Finance Funding Trust 2025-1
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to three classes of notes issued by Oxford Finance Funding Trust 2025-1 (the Issuer or Oxford 2025-1). Oxford 2025-1 is primarily secured by a pool of senior secured loans originated and serviced by Oxford Finance LLC (Oxford, the Originator or Servicer) to companies operating in the healthcare industry and adjacent markets. Oxford will be retaining the equity in Oxford 2025-1. As of September 22, 2025, with balances pro forma through
LRN Investors Have Opportunity to Join Stride, Inc. Fraud Investigation with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)---- $LRN--LRN Investors Have Opportunity to Join Stride, Inc. Fraud Investigation with the Schall Law Firm
Mercado Libre's Strategic Investments Drive Net Revenue to $7.4 Billion in Q3 2025, Marking the 27th Consecutive Quarter of Growth Above 30% YoY
MONTEVIDEO, Uruguay--(BUSINESS WIRE)--
Mercado Libre (NASDAQ: MELI), Latin America’s leading e-commerce and fintech platform, today announced its third quarter 2025 financial results, with net revenue growing 39% YoY to US$7.4 billion, marking the 27th consecutive quarter of growth above 30% YoY. Market share and NPS data show that we have significantly strengthened our competitive position through the same period. In Q3, we went even further by investing in the expansion of free shipping
