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D.A. Davidson Acts as Exclusive Financial Advisor to Seneca Companies in its Partnership with Trive Capital
DENVER--(BUSINESS WIRE)--D.A. Davidson & Co. announced that it served as exclusive financial advisor to Seneca Companies (Seneca) in its partnership with Trive Capital (Trive), a Dallas-based private equity firm. The new partnership with Trive will support Seneca’s growth strategy to be a premier service provider to the fueling solutions industry and set the standard for this industry’s future. “The Risewick family has built an incredible business over the last few decades,” stated James Ke
Viamericas Partners with Paisamex to Expand Remittances to Mexico
MIAMI--(BUSINESS WIRE)-- #fintech--Viamericas recently partnered with Paisamex to provide additional options for remittance beneficiaries to receive money in Mexico.
Two Sigma Announces Leadership Changes
NEW YORK--(BUSINESS WIRE)--Two Sigma announced today that John Overdeck and David Siegel, Co-Chairmen and Co-Founders of the firm, will step down as Co-Chief Executive Officers and appoint Carter Lyons, Two Sigma’s Chief Business Officer, and Scott Hoffman, former Chief Administrative Officer and General Counsel of Lazard, as Co-Chief Executive Officers, effective September 30, 2024. David and John will step away from their day-to-day management roles, but continue lending their deep quantitati
Andersen Global Enters Japan with the Collaborating Firm Opti
SAN FRANCISCO--(BUSINESS WIRE)-- #Japan--Andersen Global amplifies its reach in the Asia Pacific through a Collaboration Agreement with Opti, a tax advisory firm operating out of Japan.
AM Best Withdraws Credit Ratings of National Western Life Group, Inc.
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has withdrawn the Long-Term Issuer Credit Rating of “bbb-” (Good) of National Western Life Group, Inc. (National Western) (headquartered in Austin, TX). At the time of this withdrawal, the Credit Rating (rating) outlook is stable. AM Best has withdrawn this rating as National Western has requested to no longer participate in AM Best’s interactive rating process, since the company was taken private. This rating was downgraded on Aug. 23, 2024. This press r
New Research Concludes Consumers Save $10,662 Working With a Mortgage Broker
PONTIAC, Mich.--(BUSINESS WIRE)--A recent study conducted by Polygon Research, with support from Willow Canyon Advisors and United Wholesale Mortgage (UWM), has concluded that the wholesale channel provides substantial savings for consumers on average across various mortgage verticals and within a standard reference loan profile. Most notably, the study, which examined the most recently available 2023 HMDA data, found that consumers save an average of $10,662 over the life of the loan when work
The Veterinary Cooperative (TVC) Forms Strategic Alliance With Fear Free to Address Growing Demand for Low-Stress Veterinary Care and Mental Health Support in Practices
EVANSTON, Ill.--(BUSINESS WIRE)--TVC has teamed up with Fear Free for exclusive access to cutting-edge resources that reduce stress and anxiety in pets and support the vet team.
The Pillsbury Doughboy Teams up with America’s Favorite Football Mom Donna Kelce to Host The Pillsbury Bake-Off™ Contest
MINNEAPOLIS--(BUSINESS WIRE)--The Pillsbury Bake-Off™ Contest is back for the 52nd iteration, and this time the Doughboy is enlisting help from one of Pillsbury’s biggest fans Donna Kelce to celebrate family-favorite holiday dishes and the memories that make them special. Home cooks and bakers nationwide can take their creations from their kitchens to this iconic competition for an opportunity to win the ultimate stamp of approval from Mama Kelce and a celebratory “Hoo, Hoo!” from the Doughboy,
Prudential to Fulfill $221 Million in Retirement Promises for Sound Retirement Trust in Industry’s First Multiemployer Pension Risk Transfer
NEWARK, N.J.--(BUSINESS WIRE)--The Prudential Insurance Company of America has been selected in an industry-first multiemployer plan pension risk transfer (PRT), to fulfill retirement benefit promises for the Sound Retirement Trust, a Seattle-based joint labor-management board of trustees that provides grocery workers of contributing employers with retirement benefits. The transaction will settle approximately $221 million of Sound Retirement Trust pension liabilities and provide added retireme
Paychex Flex® Perks Earns 2024 Top HR Product of the Year Award
ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, employee benefits, insurance services, and payroll, has earned recognition as a “Top HR Product of the Year” for Paychex Flex Perks, a curated digital marketplace for employee benefits. This is the fourth time a Paychex solution has been named to the Top HR Product of the Year list as part of this annual awards program, which is designed to showcase
Fidelity® Q2 2024 Retirement Analysis: Three Quarters of Growth Push Retirement Balances to Third-Highest Average on Record
BOSTON--(BUSINESS WIRE)--According to the Fidelity Investments®’ latest Q2 2024 retirement analysis, retirement savers experienced the third quarter in a row of growth – a continuation of the strong contribution levels and positive market conditions that have driven average account balances to record-high levels. Gen X1, in particular, made strong gains with their retirement savings, with current IRA contributions the highest observed in the last five years. “Retirement savers in the second qua
Keen and TapClicks Partner to Simplify Marketing Mix Data Collection
CARY, N.C.--(BUSINESS WIRE)--Keen Decision Systems, a next-generation marketing mix SaaS company, today announced a partnership with TapClicks, a leading provider of Smart Marketing solutions, to simplify and streamline data collection in marketing mix models. Historically, gathering the necessary data, moving it into certain formats and uploading it to a marketing mix modeling platform has been difficult and time-consuming, especially for smaller brands with limited resources. The integration
CTV Takes the Lead: 78% of Hispanic Americans Prefer Streaming for Its Personalized and Diverse Content Options
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--LG Ad Solutions, a leader in CTV and cross-screen advertising, today released a report titled “The Inclusive Screen: Hispanic Americans,” which highlights CTV as a key environment for advertisers to connect with Hispanic Audiences while prioritizing user experience. The study, which polled over 1,400 US Hispanic CTV users in the U.S., found that 78% of Hispanic Americans prefer streaming to traditional TV, citing that the ability to watch at your own pace
Accenture Federal Services Wins $75 Million U.S. Patent and Trademark Office Contract
ARLINGTON, Va.--(BUSINESS WIRE)--Accenture Federal Services has won a $75 million contract to scale the use of artificial intelligence (AI) and modernize how the United States Patent and Trademark Office (USPTO) performs patent examinations. The agency receives hundreds of thousands of applications annually which all need to be reviewed before a patent can be issued. Integrating AI technology in IT tools can enhance the quality and efficiency of patent examination. “The United States Patent and
Logan Capital Earns Multiple Honors on PSN Top Guns List for Q2 2024
NEWTOWN SQUARE, Pa.--(BUSINESS WIRE)--Logan Capital Management (“Logan”) has been named to the celebrated PSN Top Guns List of best performing separate accounts, managed accounts, and managed ETF strategies for Q2 2024. The list, published by Zephyr, remains one of the most important references for investors and asset managers. Logan had its International Dividend ADR portfolio recognized in the Q2 2024 PSN Top Guns List with 6 designations. Below are the honors that were awarded to the strateg
Parafin Closes $93M Debt Facility with Jefferies and Trinity Capital Inc.
SAN FRANCISCO--(BUSINESS WIRE)--Parafin, a leading innovator in embedded finance, announced today that it closed a $93M debt facility with Jeffries and Trinity Capital Inc. Their investment has the potential to increase to $187M. The substantial funding from Jefferies and Trinity, both known for their strategic investments in pioneering technologies, will support Parafin’s ability to offer capital to small businesses. Earlier this year, Parafin secured $125 million from Silicon Valley Bank and
Intelligent Waves and Horizon3.ai Partner to Bring Next-Generation Autonomous Penetration Testing to the Department of Defense and IC Community
RESTON, Va. & SAN FRANCISCO--(BUSINESS WIRE)-- #CEOs--Intelligent Waves (IW), a leading tech integrator providing mission-focused, multi-domain operational expertise and innovation to the Department of Defense (DoD), has announced a strategic partnership with Horizon3.ai, a pioneer in autonomous security testing. This collaboration aims to deliver advanced, continuous, and autonomous penetration testing capabilities to enhance the DoD's cybersecurity defenses. Revolutionizing Cyber Defense with Autonom
Sallie Mae CFO to Speak at Barclays Global Financial Services Conference
NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced Chief Financial Officer Pete Graham will speak at the Barclays Global Financial Services Conference on Tuesday, Sept. 10, at 10:30 a.m. ET. A live audio webcast and replay will be available at SallieMae.com/investors. Sallie Mae (Nasdaq: SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing an
PitchBook Extends Market Leadership in Global Capital Market Data Coverage
SEATTLE--(BUSINESS WIRE)--PitchBook, the premier data provider for the private and public equity and credit markets, today shares an up-to-date snapshot of its data coverage across global financial markets, which will be shared on a bi-annual basis. The snapshot provides transparency into PitchBook’s extensive coverage and data collection processes, instilling trust as the most reliable and accurate data provider. PitchBook’s robust data operations infrastructure is made up of 1,800+ global res
Fifth Third Bank Announces Redemption of Senior Bank Notes due October 27, 2025
CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (Nasdaq: FITB) today announced that its subsidiary, Fifth Third Bank, National Association (the “Bank”), has submitted a redemption notice to the issuing and paying agent for redemption of all of the Bank’s outstanding 5.852% fixed-to-floating rate senior notes due October 27, 2025 (CUSIP 31677QBT5) issued in the principal amount of $1.0 billion. The Bank notes will be redeemed on or after the first business day following the October 27, 2024 red