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East West Bancorp Reports Net Income for Third Quarter of 2024 of $299 Million and Diluted Earnings Per Share of $2.14

Lastest from Businesswire - Tue, 10/22/2024 - 18:53
PASADENA, Calif.--(BUSINESS WIRE)--East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, reported its financial results for the third quarter of 2024. Third quarter 2024 net income was $299 million, or $2.14 per diluted share. Return on average assets was 1.62%, return on average common equity was 16.0%, and return on average tangible common equity1 was 17.1%. Book value per share grew 6% quarter-over-quarter and 19% year-over-year. “East West

loanDepot, Inc. to Report Third Quarter 2024 Financial Results on November 5, 2024

Lastest from Businesswire - Tue, 10/22/2024 - 18:53
IRVINE, Calif.--(BUSINESS WIRE)---- $LDI #LDI--loanDepot, Inc. to report third quarter 2024 financial results on November 5, 2024

Mobile Infrastructure Announces Timing of Third Quarter 2024 Earnings Release and Conference Call

Lastest from Businesswire - Tue, 10/22/2024 - 18:53
CINCINNATI--(BUSINESS WIRE)--Mobile Infrastructure Corporation [NYSE American: BEEP], owners of a diversified portfolio of parking assets throughout the United States, will issue its third quarter 2024 earnings release before the U.S. market opens on Wednesday, November 13, 2024. You are invited to participate in the Company’s conference call hosted by senior management on November 13, 2024, at 8:00 AM Eastern Time. 3Q24 Conference Call Date & Time: Wednesday, November 13, 2024, at 8:00 AM

CoStar Group Third Quarter Revenue Increased 11% Year-over-Year; Net Income Increased 176% and EBITDA Increased 320% from the Second Quarter

Lastest from Businesswire - Tue, 10/22/2024 - 18:53
WASHINGTON--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the property markets, announced today that revenue for the quarter ended September 30, 2024 was $693 million, up 11% over revenue of $625 million for the quarter ended September 30, 2023. Net income was $53 million in the third quarter of 2024, an increase of 176% from the second quarter of 2024. Net income per diluted share was $0.13. In the third

FVCBankcorp, Inc. Announces Third Quarter 2024 Earnings; Quarterly Net Income Increased 16% Year-Over-Year as Net Interest Income and Margin Continue to Improve

Lastest from Businesswire - Tue, 10/22/2024 - 18:53
FAIRFAX, Va.--(BUSINESS WIRE)--FVCBankcorp, Inc. (NASDAQ: FVCB) (the “Company”) today reported its financial results for the third quarter of 2024. Third Quarter Selected Financial Highlights Enhanced Profitability. Return on average assets for the quarter ended September 30, 2024 was 0.85%, an increase of 21%, from 0.70% for the quarter ended September 30, 2023, and increased 10%, from 0.77%, for the linked quarter ended June 30, 2024. Increased Net Income. Net income increased compared to the

RBLX INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces an Investigation into Roblox Corporation and Encourages Investors to Contact the Firm

Lastest from Businesswire - Tue, 10/22/2024 - 18:53
NEW YORK--(BUSINESS WIRE)---- $RBLX #Roblox--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Roblox Corporation (“Roblox” or “the Company”) (NYSE: RBLX). Investors who purchased Roblox securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/RBLX. Investigation Details On October 8, 2024, Hindenburg Research published a report about Roblox and alleged that the Company m

MidFirst Business Credit Appoints John Nooney as President

Lastest from Businesswire - Tue, 10/22/2024 - 15:53
ATLANTA--(BUSINESS WIRE)--MidFirst Business Credit (the “Company”), a subsidiary of MidFirst Bank, the largest privately owned bank in the nation, today announced the appointment of John Nooney as President. Dennis Schlesner, former President of MidFirst Business Credit, retired on October 1, 2024. Mr. Nooney brings over 30 years of experience in commercial finance working with portfolio, origination, operations and administrative responsibilities for national asset-based lending platforms. “We

WhiteHawk Capital Partners, LP Announces Over $1.1 Billion of Equity Commitments Including WhiteHawk Fund IV Final Close on October 1, 2024 Exceeding Target Offering Size

Lastest from Businesswire - Tue, 10/22/2024 - 15:53
LOS ANGELES--(BUSINESS WIRE)--WhiteHawk Capital Partners, LP announces over $1.1 billion of equity commitments including WhiteHawk Fund IV final close exceeding target

FINAL DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of STMicroelectronics

Lastest from Businesswire - Tue, 10/22/2024 - 15:53
NEW YORK--(BUSINESS WIRE)---- $STM #ClassAction--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against STMicroelectronics N.V. (“STMicroelectronics” or the “Company”) (NYSE: STM) and reminds investors of the October 22, 2024 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Geo

Jonathan Sherman, Nationally Known Litigator and Longtime Boies Schiller Partner, Joins Sterlington

Lastest from Businesswire - Tue, 10/22/2024 - 15:53
NEW YORK--(BUSINESS WIRE)--Sterlington PLLC, the international law firm, announced today that Jonathan Sherman, the nationally renowned litigator and First Amendment advocate, has joined the firm as partner and vice chair of strategic litigation. At Sterlington, Sherman will continue a highly publicized career—including 24 years with Boies Schiller Flexner LLP, the litigation boutique that transformed how American lawyers resolve disputes since its founding in 1997. “Jonathan’s arrival at Sterl

Xentina Digital Group Celebrates Its 20th Anniversary

Lastest from Businesswire - Tue, 10/22/2024 - 15:53
MISSION VIEJO, Calif.--(BUSINESS WIRE)--Dante Fiorini the Founder and Strategic Director of Xentina Digital Group today announced the 20th anniversary of the company. “I am so grateful that we can mark such a major milestone for Xentina Digital Group. The company was founded by myself and my partner Ximena Primo twenty years ago. What has started as a dream has grown beyond our borders and expectations,” said Fiorini. Xentina Digital Group is a professional marketing agency and design company b

BML Properties Ltd: $1.6 Billion Verdict Against China Construction America in Landmark Baha Mar Lawsuit

Lastest from Businesswire - Tue, 10/22/2024 - 15:53
NEW YORK--(BUSINESS WIRE)--BML Properties Ltd. has been awarded over $1.6 billion against China Construction America in its long running New York lawsuit concerning the Baha Mar project, prevailing on all claims. The size of the verdict not only demonstrates the scale of the loss to the Izmirlian family but the extent of the wrongdoing by CCA. The decision once and for all sheds light on the true events of Baha Mar and how the unscrupulous actions of CCA, and the then Bahamian government, ouste

UIS INVESTOR NEWS: Unisys Corporation Investors that Suffered Losses are Encouraged to Contact RLF about Ongoing Investigation into the Company (NYSE: UIS)

Lastest from Businesswire - Tue, 10/22/2024 - 15:53
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a leading securities law firm, announces an investigation into Unisys Corporation (NYSE: UIS) for potential violations of the federal securities laws. If you purchased Unisys securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses. To join the prospective class action, go to https://rosenleg

EBONY Partners with Allison in Historic First

Lastest from Businesswire - Tue, 10/22/2024 - 15:53
SAN FRANCISCO--(BUSINESS WIRE)--In a groundbreaking partnership, Allison was named the public relations agency of record (AOR) for EBONY, the iconic Black-owned media company and leading platform showcasing Black excellence and culture in America and around the globe for eight decades. This marks the first time in EBONY’s 80-year history it has engaged an external public relations agency. The collaboration between EBONY and Allison is a strategic move to amplify the publication’s powerful and i

Grant Thornton’s Alexis Adams named a Notable Black Leader by Crain’s New York Business

Lastest from Businesswire - Tue, 10/22/2024 - 15:53
NEW YORK--(BUSINESS WIRE)--Grant Thornton, one of America’s largest brands of professionals providing end-to-end audit, assurance, tax, and advisory services, has a new award winner in New York City. Alexis Adams, a Tax principal for the firm, has been named to the prestigious “Notable Black Leaders” list published by Crain’s New York Business. The annual awards recognize talented and accomplished Black individuals from a wide variety of industries, honoring them for their professional and comm

Real Unveils Real Wallet: Empowering Agents with Exceptional Financial Flexibility

Lastest from Businesswire - Tue, 10/22/2024 - 15:53
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--Real launches Real Wallet, a financial platform for agents that integrates earnings, revenue share and equity into a single, seamless platform.

Crawford & Company® Announces Third Quarter 2024 Earnings Conference Call

Lastest from Businesswire - Tue, 10/22/2024 - 15:53
ATLANTA--(BUSINESS WIRE)--Crawford & Company® (NYSE: CRD-A and CRD-B) will issue its earnings release for its third quarter ended September 30, 2024, on Monday, November 4, 2024, at 4:15 p.m. Eastern Time. The conference call, to discuss Crawford’s quarterly earnings and other developments, will be held on Tuesday, November 5, 2024, at 8:30 a.m. Eastern Time. For audio access only, the call can be accessed by dialing 1-800-549-8228, Conference ID: 04164. For audio and slide presentation acc

Haunting New Short Film THE TRIAL from Hollywood Director and All* In Action Fund Exposes Dangerous Reality of Abortion Bans

Lastest from Businesswire - Tue, 10/22/2024 - 15:53
WASHINGTON--(BUSINESS WIRE)--As the fight for reproductive freedoms intensifies across the nation, All* In Action Fund has teamed up with director Gandja Monteiro (WEDNESDAY, AGATHA ALL ALONG, BRAND NEW CHERRY FLAVOR) on the provocative new film, THE TRIAL. Drawing on chilling parallels between 17th-century witch trials and today’s political landscape—where abortion bans are denying care and putting women’s lives in danger—the film debuts just weeks before the U.S. Presidential election. THE TR

AM Best Assigns Credit Ratings to Berkley Luxury Insurance Company

Lastest from Businesswire - Tue, 10/22/2024 - 15:53
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Financial Strength Rating (FSR) of A+ (Superior) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “aa-” (Superior) to Berkley Luxury Insurance Company (Berkley Luxury) (Urbandale, IA). The outlook assigned to the FSR is stable, while the outlook assigned to the Long-Term ICR is positive. Berkley Luxury is a newly added subsidiary of the W. R. Berkley Corporation (W. R. Berkley) rating unit. The Credit Ratings (ratings) reflect Berkle

Wells Fargo & Company Announces Common Stock Dividend

Lastest from Businesswire - Tue, 10/22/2024 - 15:53
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced its board of directors approved a quarterly common stock dividend of $0.40 per share, payable Dec. 1, 2024, to stockholders of record on Nov. 8, 2024. About Wells Fargo Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commer

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