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Enfusion, Inc. (ENFN) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

Lastest from Businesswire - Wed, 08/14/2024 - 18:02
NEW YORK--(BUSINESS WIRE)---- $ENFN #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Enfusion, Inc. (“Enfusion” or “the Company”) (NYSE: ENFN). Investors who purchased Enfusion securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/ENFN. Investigation Details On August 6, 2024, Enfusion reported its financial results for the second quarter of 2024. The Company

Mark Wahlberg’s Unrealistic Ideas Pairs With Viral Nation and Filmmaker Eddie Schmidt for Doc on the Real BlackBerry Story

Lastest from Businesswire - Wed, 08/14/2024 - 18:02
TORONTO--(BUSINESS WIRE)--Mark Wahlberg’s Unrealistic Ideas, the company behind HBO’s McMillions, has joined forces with Viral Nation and filmmaker Eddie Schmidt to tell the true inside story of the smartphone pioneers at BlackBerry. The project, which is already in production, will be a deep dive into how a transformative technology giant emerged out of a small Canadian town and outpaced international corporate behemoths in the race to bring smartphones to the world. Fueled by exclusive access

VeriFast Wins 2024 Proptech Breakthrough Award for Application Processing Solution of the Year

Lastest from Businesswire - Wed, 08/14/2024 - 18:02
NEW YORK--(BUSINESS WIRE)--VeriFast, the AI-powered verification-as-a-service platform that automates financial analysis and decision making for tenant screening, mortgage pre-approvals, underwriting and business lending, has won the 2024 Proptech Breakthrough Award for Application Processing Solution of the Year. The Proptech Breakthrough Awards celebrate industry leaders in property management technology. This honor reflects VeriFast’s impact on the multifamily housing industry -- specificall

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces the Filing of a Securities Class Action on Behalf of DXC Technology Company (DXC) Investors

Lastest from Businesswire - Wed, 08/14/2024 - 18:02
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, announces that a class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired DXC Technology Company (“DXC” or the “Company”) (NYSE: DXC) common stock between May 26, 2021 and May 16, 2024, inclusive (the “Class Period”). DXC investors have until October 1, 2024 to file a lead plaintiff motion. If you suffered a loss on your DXC investments or

Lancaster Colony Continues Higher Cash Dividend; Board of Directors Sets Annual Meeting Date and Time

Lastest from Businesswire - Wed, 08/14/2024 - 15:02
WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has declared a quarterly cash dividend of 90 cents per common share, payable September 30, 2024 to shareholders of record on September 9, 2024. The quarterly cash dividend amount of 90 cents per share maintains the higher level set nine months ago, which marked the company’s 61st consecutive year of increased regular cash dividends. Lancaster Colony is one of only 13 U.S.

BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Announces Final Results of Quarterly Tender Offer

Lastest from Businesswire - Wed, 08/14/2024 - 15:02
NEW YORK--(BUSINESS WIRE)--BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (the "Fund") today announced the final results of its quarterly tender offer (the "Tender Offer") for up to 2.5% of the Fund's issued and outstanding shares of common stock (the "Shares"). The Tender Offer, which expired at 5:00 p.m. Eastern time on August 13, 2024, was oversubscribed. Therefore, in accordance with the terms and conditions of the Tender Offer, the Fund will purchase Shares from all tendering

TEGNA Names Jim Kizer President and General Manager at WOI and KCWI

Lastest from Businesswire - Wed, 08/14/2024 - 15:02
TYSONS, Va.--(BUSINESS WIRE)--TEGNA names Jim Kizer president and general manager at WOI and KCWI in Des Moines, Iowa.

KBRA Releases Research – Florida Insurance Balance Sheets Braced for Active Hurricane Season

Lastest from Businesswire - Wed, 08/14/2024 - 15:02
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases research discussing the financial position of Florida insurers following widespread forecasts for an active Atlantic storm season in 2024. In response to these forecasts, many Florida property insurers have prepared by purchasing increased reinsurance limits and coverage to protect their balance sheets. In addition, recent regulatory reforms, combined with insurers obtaining extensive rate increases, have attracted reinsurers to participate in the market

Range Media Partners Secures Growth Capital from Verance Capital to Fuel Expansion in Sports

Lastest from Businesswire - Wed, 08/14/2024 - 15:02
NEW YORK--(BUSINESS WIRE)--Range Media Partners, the diversified global talent representation & production firm, which includes its rapidly growing sports division, Range Sports, announced today that it has secured a minority investment from Verance Capital, a prominent New York-based growth investment firm focused on sports, media, and entertainment. Verance joins Range’s recently announced new strategic investor group inclusive of Liberty Global, New York-based family office Wildcat Capit

Siebert Reports Second Quarter 2024 Financial Results

Lastest from Businesswire - Wed, 08/14/2024 - 15:02
MIAMI--(BUSINESS WIRE)---- $Nasdaq #Nasdaq--Siebert Financial Corp. (NASDAQ: SIEB) (“Siebert”), a diversified provider of financial services, today reported financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial and Operational Highlights Revenue increased 19% to $20.9 million, compared to $17.6 million in the second quarter of 2023. Operating income increased 20% to $5.6 million, compared to $4.7 million in the second quarter of 2023. Retail customer net worth increased 5% to

KBRA Assigns Preliminary Ratings to OBX 2024-NQM12 Trust

Lastest from Businesswire - Wed, 08/14/2024 - 15:02
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to seven classes of mortgage-backed notes from OBX 2024-NQM12 Trust, a $532.2 million non-prime RMBS transaction. The underlying collateral, comprising 1,002 residential mortgages, is characterized by a notable concentration of alternative income documentation (88.4%) loans. Most of the loans are classified as non-qualified mortgages (Non-QM) (56.2%) or exempt (41.2%) from the Ability-to-Repay/Qualified Mortgage (ATR/QM) rule due to be

Valmark Advisers Celebrates $10 Billion of Assets Under Management and Advisement

Lastest from Businesswire - Wed, 08/14/2024 - 15:02
AKRON, Ohio--(BUSINESS WIRE)--Valmark Advisers, Inc., a subsidiary of Valmark Financial Group, LLC, celebrates achieving $10 billion in assets under management and advisement through its SEC-registered investment adviser. As one of the country’s top back-office firms supporting multi-disciplinary wealth management practices, Valmark traces its beginnings to 1963 as a life insurance general agency and producer group. In 1997, Valmark expanded its offerings through the additions of Valmark Securi

IAPDA Announces Merger with PFE to Strengthen Debt Relief Industry

Lastest from Businesswire - Wed, 08/14/2024 - 15:02
LONG BEACH, Calif.--(BUSINESS WIRE)--We are thrilled to announce a major development at IAPDA that marks a significant step forward in our mission to unite and strengthen the debt relief industry. IAPDA, the leading certification and accreditation company in the debt relief sector, is proud to announce that PFE, the esteemed certification and accreditation resource for debt management, is now merging under the IAPDA umbrella. At IAPDA, we believe in collaborating with all facets of the debt rel

CHG Healthcare Names New CEO, Leslie Snavely

Lastest from Businesswire - Wed, 08/14/2024 - 15:02
SALT LAKE CITY--(BUSINESS WIRE)--CHG Healthcare has announced the promotion of Leslie Snavely to CEO of the nation’s largest physician staffing company. CEO Scott Beck will retire and transition to an advisory role as executive chair of the CHG Board of Directors. Beck has been with CHG for 25 years, serving the last 10 years as CEO. Since joining CHG in 2010, Snavely has been a pivotal member of CHG’s executive leadership team. She was named President in 2023 and has played a crucial role in e

KBRA Releases Research – CMBS ARAs: Trending Higher

Lastest from Businesswire - Wed, 08/14/2024 - 15:02
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases research on appraisal reduction amounts (ARA), which have climbed in tandem with delinquency rates. After a 60% drop in effectuated ARAs in 2022, ARAs climbed in 2023 and 2024 as delinquencies increased 84%. ARAs totaling $1 billion (98 loans) were effectuated during full-year (FY) 2023, while the year-to-date (YTD) June 2024 total almost matched this figure, with $842.6 million of new ARAs across 95 loans. As of June 2024, ARAs totaling $5 billion are i

Red River Named NetApp North America Federal Strategic Programs Partner of the Year for FY’24

Lastest from Businesswire - Wed, 08/14/2024 - 15:02
CLAREMONT, N.H. & CHANTILLY, Va.--(BUSINESS WIRE)--Red River earns NetApp Federal Strategic Programs Partner of the Year Award

Consor Holdings Appoints Dr. Hisham Mahmoud as Chairman of the Board

Lastest from Businesswire - Wed, 08/14/2024 - 15:02
MIAMI--(BUSINESS WIRE)-- #AECindustry--Consor Appoints Dr. Hisham Mahmoud as Chairman of the Board

Milliman analysis: Public pension funded ratio rises to 80.8% in July, topping 80% mark for first time since March 2022

Lastest from Businesswire - Wed, 08/14/2024 - 15:02
SEATTLE--(BUSINESS WIRE)--Milliman, Inc., a premier global consulting and actuarial firm, today released the results of its latest Public Pension Funding Index (PPFI), which analyzes data from the nation’s 100 largest public defined benefit plans. Thanks to a third consecutive month of market gains in July, the Milliman 100 PPFI funded ratio improved from 79.9% as of June 30 to 80.8% as of July 31. The PPFI plans saw estimated aggregate investment returns of 1.6% in July, with individual plans’

Investor Confusion on Fees Remains High, New DALBAR Study Reveals

Lastest from Businesswire - Wed, 08/14/2024 - 15:02
MARLBOROUGH, Mass.--(BUSINESS WIRE)--The investment industry's push for fee transparency may not be as effective as hoped, according to a new study by DALBAR, a leading financial services market research firm. The 2024 Investor Insights: Fees & Charges report uncovers a persistent gap in investor knowledge, with many individuals still struggling to understand the fees associated with their investments. Key Findings: Confidence Gap: While 52% of investors feel confident about understanding f

Northbeam Announces Apex, New Integration with Meta to Improve Ad Performance

Lastest from Businesswire - Wed, 08/14/2024 - 15:02
SAN FRANCISCO--(BUSINESS WIRE)--Northbeam, the AI and machine learning-powered marketing measurement platform proven to help drive profitable growth for businesses, today announced the details of the Northbeam Apex, a new integration with Meta that combines AI, machine learning, and first party data to maximize advertising campaign optimization. Northbeam Apex helps enhance algorithmic performance with more accurate signals, improving budget allocations across channels to achieve dramatic impro

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