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SK Capital Closes Acquisition of North America Composites & Fuel Containment Division from Parker Hannifin; Changes Name to Axillon Aerospace

Lastest from Businesswire - Mon, 11/04/2024 - 09:02
NEW YORK--(BUSINESS WIRE)--SK Capital Closes Acquisition of North America Composites & Fuel Containment Division from Parker Hannifin; Changes Name to Axillon Aerospace

Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series E and Series F Preferred Stock

Lastest from Businesswire - Mon, 11/04/2024 - 09:02
WEST READING, Pa.--(BUSINESS WIRE)---- $CUBI #banking--Customers Bancorp Inc (NYSE:CUBI) announces a quarterly cash dividend on Series E and Series F preferred stocks.

Franklin Resources, Inc. Announces Preliminary Fourth Quarter and Fiscal Year Results

Lastest from Businesswire - Mon, 11/04/2024 - 09:02
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Resources, Inc. (the “Company”) [NYSE: BEN] today announced preliminary net loss of $84.7 million or $0.19 per diluted share for the quarter ended September 30, 2024, as compared to net income of $174.0 million or $0.32 per diluted share for the previous quarter, and $295.5 million or $0.58 per diluted share for the quarter ended September 30, 2023. Preliminary net income1 for the fiscal year ended September 30, 2024 was $464.8 million or $0.85 per d

GYL Financial Synergies Joins The Colony Group

Lastest from Businesswire - Mon, 11/04/2024 - 09:02
NEW YORK--(BUSINESS WIRE)--Focus Financial Partners Inc., a leading partnership of wealth management, business management, and related financial services firms, has announced that Focus partner firm GYL Financial Synergies, LLC, headquartered in West Hartford, Connecticut, has formally joined Focus firm The Colony Group, LLC, headquartered in Boston, in a transaction that was completed on November 1, 2024. It is anticipated that a rebranding of the combined enterprise will take place in the nea

ATSG to be Acquired by Stonepeak for $3.1 Billion

Lastest from Businesswire - Mon, 11/04/2024 - 09:02
WILMINGTON, Ohio & NEW YORK--(BUSINESS WIRE)--Air Transport Services Group, Inc. (NASDAQ:ATSG), a global leader in medium widebody freighter aircraft leasing, air transport operations, and support services, today announced that it has entered into a definitive agreement to be acquired by Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, in an all-cash transaction with an enterprise valuation of approximately $3.1 billion. Under the terms of the def

Oscar Health Introduces a New Healthcare Experience to Individuals and Families in North Carolina

Lastest from Businesswire - Mon, 11/04/2024 - 09:02
NEW YORK--(BUSINESS WIRE)--Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare technology company, today announced it is entering the greater Charlotte and Winston-Salem areas of North Carolina to bring the Oscar experience to individuals and families through the ACA marketplace in 2025. Oscar is introducing easy, affordable health insurance1 options with: Services built around personal health needs and cultural preferences Atrium Health’s high-quality networks that fit with their s

Capital One Announces Quarterly Dividend

Lastest from Businesswire - Mon, 11/04/2024 - 09:02
MCLEAN, Va.--(BUSINESS WIRE)--Capital One Financial Corporation (NYSE: COF) today announced a quarterly dividend of $0.60 per common share payable November 22, 2024, to stockholders of record at the close of business on November 14, 2024. The company has announced dividends on its common stock every quarter since it became an independent company on February 28, 1995. Dividends declared by the company are eligible for direct reinvestment in the company's common stock under its Dividend Reinvestm

Sunbit Secures a $355 Million Debt Warehouse Facility Led by J.P. Morgan, Mizuho Bank Ltd. and Waterfall Asset Management

Lastest from Businesswire - Mon, 11/04/2024 - 09:02
LOS ANGELES--(BUSINESS WIRE)--Sunbit, the company building financial technology for real life, announced today that it closed a $355 million debt warehouse facility led by J.P. Morgan, Mizuho Bank Ltd. and Waterfall Asset Management. This marks Sunbit’s second debt warehouse facility announcement in 2024, following the news of a $310 million facility with Citi and Ares Management earlier this year. Sunbit, which built its reputation for providing access to fair, transparent and accessible finan

OneSpan’s Cloud-Native Guidewire Integration to Drive Cloud Adoption for P&C Insurance Carriers

Lastest from Businesswire - Mon, 11/04/2024 - 09:02
BOSTON--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN) today announced the availability of its new Ready for Guidewire integrations in the Guidewire Marketplace to drive cloud adoption within the P&C sector. OneSpan Sign’s new cloud-native integrations with Guidewire InsuranceSuite on Guidewire Cloud delivers an end-to-end digital workflow allowing P&C insurance carriers to launch faster with reduced complexity and operational burden. In a rapidly changing digital world, it’s become criti

DigitalOwl Moves Beyond Summaries, Delivering Actionable Insights from Medical Records Using AI Agents

Lastest from Businesswire - Mon, 11/04/2024 - 09:02
NEW YORK--(BUSINESS WIRE)--DigitalOwl introduces Case Notes to transform medical records into actionable insights, empowering insurance and legal professionals.

Southlake Specialty Insurance Company Partners with Data-Driven Risk Exchange Accelerant

Lastest from Businesswire - Mon, 11/04/2024 - 09:02
DALLAS--(BUSINESS WIRE)--Southlake Specialty Insurance Company (“Southlake”), part of the Texas-based Southlake Financial Group, which specializes in program-focused property and casualty insurance, has announced its partnership with Accelerant, a data-driven Risk Exchange. This collaboration will allow Southlake to provide the capacity to select specialty insurance underwriters within the Risk Exchange. Southlake has an AM Best A- (Excellent) rating and Financial Size Category of VIII ($100 mi

Insigneo Recruits Former Merrill Lynch Advisor to Strengthen its Network

Lastest from Businesswire - Mon, 11/04/2024 - 09:02
MIAMI--(BUSINESS WIRE)--Insigneo, a prominent name in wealth management, announces the addition of Esteban Diaz as Senior Vice President to its expanding network. Diaz joins Insigneo under the guidance of Chile Market Head Jose Luis Carreño, further strengthening the firm’s commitment to serving high-net-worth clients in Latin America. Esteban Diaz is a seasoned International Wealth Advisor with a robust background in asset allocation and customized investment solutions. His career began in San

RAFTR Roofing + Exteriors Streamlines Financing for Customers with the GreenSky® Program

Lastest from Businesswire - Mon, 11/04/2024 - 09:02
ATLANTA--(BUSINESS WIRE)--RAFTR Roofing + Exteriors (RAFTRx), a top-rated roofing and outdoor exterior solutions provider that specializes in the insurance-claim sector, announced today its collaboration with GreenSky. “This new relationship with the GreenSky® Program demonstrates our continuing commitment to partner with innovative industry leaders to put our customers in the driver’s seat when it comes to roof repair,” shares Gyner Ozgul, CEO of RAFTR Roofing + Exteriors. “From a business per

TPG Reports Third Quarter 2024 Results

Lastest from Businesswire - Mon, 11/04/2024 - 09:02
SAN FRANCISCO & FORT WORTH, Texas--(BUSINESS WIRE)--TPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm, reported its unaudited third quarter 2024 results. TPG issued a full detailed presentation of its third quarter ended September 30, 2024 results, which can be viewed through the Investor Relations section of TPG’s website at shareholders.tpg.com. “TPG’s strong third quarter results highlight the broad-based momentum across our firm,” said Jon Winkelried, Chief Executiv

NICE Launches CXone Mpower SmartSpeak, Eliminating Language Barriers in Real-Time for Exceptional Global CX

Lastest from Businesswire - Mon, 11/04/2024 - 09:02
HOBOKEN, N.J.--(BUSINESS WIRE)-- #ArtificialIntelligence--NICE (Nasdaq: NICE) today announced the launch of CXone Mpower SmartSpeak, an innovative AI-powered solution designed to break down language barriers and enable effortless global communication for businesses. Designed to enhance both customer and employee experiences, CXone Mpower SmartSpeak provides real-time language interpretation for customer service and sales interactions, empowering organizations to expand their international reach without the need for supp

Aspen Standard Wealth Acquires $2.8 Billion AUM Summitry

Lastest from Businesswire - Mon, 11/04/2024 - 09:02
NEW YORK--(BUSINESS WIRE)--Aspen Standard Wealth, which serves as a permanent home and long-term partner for successful RIAs, announced today that it has acquired Summitry, a leading registered investment adviser with $2.8 billion in assets under management (AUM). Summitry, based in the San Francisco Bay area, provides personalized financial planning and investment strategies rooted in local insights. Founded in 2003, the firm offers access to a wide range of institutional-grade investing and a

Esteemed Publishers’ Rights Law Firm Dazi Launches HBSS France, Expanding Global Antitrust Initiative

Lastest from Businesswire - Mon, 11/04/2024 - 09:02
PARIS--(BUSINESS WIRE)-- #EU--Esteemed antitrust attorneys at Hagens Berman and Dazi Avocats have joined to launch Paris-based HBSS France to support competition on a global scale.

Algebrik AI Secures $4M in Series A to Disrupt the Global Loan Origination Software Market

Lastest from Businesswire - Mon, 11/04/2024 - 09:02
NEW YORK--(BUSINESS WIRE)-- #AI--Algebrik AI Secures $4M in Series A to accelerate the development of its groundbreaking loan origination software.

Enfusion Announces Third Quarter 2024 Results

Lastest from Businesswire - Mon, 11/04/2024 - 09:02
NEW YORK & LONDON & HONG KONG--(BUSINESS WIRE)--Enfusion, Inc. ("Enfusion") (NYSE: ENFN), a leading provider of software-as-a-service (SaaS) solutions for investment managers, has posted its third quarter 2024 financial results as part of its Q3 2024 Shareholder Letter which can be viewed by navigating to the Financials section of its Investor Relations website at http://ir.enfusion.com. 3Q24 Earnings Conference Call Management will host a conference call today, November 4, 2024, at 8:30 AM ET

Atlantic International Corp. and Staffing 360 Solutions, Inc. Enter Into Definitive Merger Agreement to Establish Leading Human Capital Management, Outsourced Services and Workforce Solutions Company

Lastest from Businesswire - Mon, 11/04/2024 - 09:02
ENGLEWOOD CLIFFS, N.J. & NEW YORK--(BUSINESS WIRE)--Atlantic International Corp. (“Atlantic”) (OTC: ATLN), and Staffing 360 Solutions, Inc. (“Staffing 360”) (Nasdaq: STAF), both leading providers of strategic outsourced services and workforce solutions, today announced that their boards of directors unanimously approved a definitive agreement under which Atlantic will acquire all outstanding shares of Staffing 360’s common stock. The Staffing 360 shareholders will receive 1.202 Atlantic shares

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