Lastest from Businesswire
AM Best Downgrades Credit Ratings of Bell United Insurance Company
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” (Good) from “a-” (Excellent) of Bell United Insurance Company (Bell United) (Reno, NV). The outlook of the Long-Term ICR has been revised to negative from stable, while the outlook of the FSR is stable. The Credit Ratings (ratings) reflect Bell United’s balance sheet strength, which AM Best assesses as very
FranklinCovey Provides Customized Solutions for Healthcare Organizations to Solve Key Issues: Nurse Retention and Patient Satisfaction
SALT LAKE CITY--(BUSINESS WIRE)-- #CNO--FranklinCovey Provides Customized Solutions for Healthcare Organizations to Solve Key Issues: Nurse Retention and Patient Satisfaction
FDATA Welcomes Royal Assent of Bill C-15, Advancing Canada’s Open Banking Framework
WASHINGTON--(BUSINESS WIRE)--The Financial Data and Technology Association (“FDATA”), a trade association representing more than 30 financial technology companies and consumer-permissioned data access platforms, today welcomed the granting of Royal Assent to Bill C-15, a critical step forward in establishing Canada’s consumer-driven banking framework. With Bill C-15 now enacted, Canada formally establishes the legislative foundation for a secure, consumer-permissioned data sharing ecosystem—one
KBRA Assigns Preliminary Ratings to PMT Loan Trust 2026-INV4 (PMTLT 2026-INV4)
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 72 classes of mortgage-backed notes from PMT Loan Trust 2026-INV4 (PMTLT 2026-INV4), a prime RMBS transaction sponsored by PennyMac Corp. (PennyMac), an indirect, wholly-owned subsidiary of PennyMac Mortgage Investment Trust (PMT). PMTLT 2026-INV4 comprises 1,093 fixed-rate mortgages (FRMs) with an aggregate principal balance of $412.3 million as of the April 1, 2026 cut-off date. The underlying pool consists of agency-eligible loan
AM Best Affirms Credit Ratings of Great-West Lifeco Inc. and Its Subsidiaries
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “aa” (Superior) of The Canada Life Assurance Company (Canada Life) (Winnipeg, Manitoba) and its affiliates. Concurrently, AM Best has affirmed the Long-Term ICR of “a” (Excellent) and the Long-Term Issue Credit Ratings (Long-Term IRs) of Great-West Lifeco Inc. (Winnipeg, Manitoba). Additionally, AM Best has affirmed the Long-Term I
SBSB Names Tom Jacks as Firm’s Co-Chair of Litigation Department
DALLAS--(BUSINESS WIRE)--Schouest, Bamdas, Soshea & BenMaier PLLC (SBSB) has named partner Tom Jacks as the firm’s co-chair of litigation. In this role, Mr. Jacks will join Houston partner Susan Noe Wilson at the helm of the firm’s formidable litigation team, using his years of experience and leadership to help oversee litigation strategy, client relations and department growth. Mr. Jacks, who joined SBSB in 2024 as managing partner of the firm’s Dallas office, has for more than two decades
OpenArc Surpasses $10 Billion In Client Assets Within Six Months Of Launch
ATLANTA--(BUSINESS WIRE)--OpenArc, a national wealth management and corporate advisory firm integrating corporate benefits plan strategy with individualized financial advice, today announced that it has transitioned more than $10 billion in client assets and opened over 14,000 accounts since launching in late September 2025. “OpenArc’s early results confirm that employers want a higher-touch, fiduciary-driven experience for their most valuable asset - their people,” said Jeff Crowell, a Managin
Mountain Mike’s Pizza Wins FRANdata 2026 TopScore FUND Award
IRVINE, Calif.--(BUSINESS WIRE)--Mountain Mike’s Pizza has been named the 2026 TopScore FUND Award winner in the Food category by FRANdata.
COTY Investors Have Opportunity to Lead Coty Inc. Securities Fraud Lawsuit with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)---- $COTY--COTY Investors Have Opportunity to Lead Coty Inc. Securities Fraud Lawsuit with the Schall Law Firm
GoldenTree Asset Management Announces Closing of $703 Million CLO Under GLM Strategy
NEW YORK--(BUSINESS WIRE)--GLM III, LP (“GLM III”) and its affiliated investment manager GoldenTree Asset Management LP (along with other affiliated investment managers “GoldenTree”), announced the closing of a $703 million collateralized loan obligation (“CLO”) to be managed by GLM III. With the closing of this CLO, GoldenTree Loan Management US CLO 28 (“GLM US CLO 28”), GoldenTree has issued 37 CLOs totaling nearly $21 billion under its GLM CLO strategy. Since its inception in January 2017, t
Jopari Solutions Expands Digital Payments Through Partnership with Zelis®
CONCORD, Calif.--(BUSINESS WIRE)--Jopari Solutions, a provider of electronic billing and payment solutions, today announced a partnership with Zelis®, a provider of healthcare technology solutions, to help payers modernize medical provider payments across property and casualty (P&C) insurers. Through the partnership, Jopari is integrating ZAPP Edge℠, Zelis’ provider payments solution that unifies payments, remittance data and insights in one platform. Together, Jopari and Zelis will help pa
The Difference Card Welcomes Sales Leaders Tom Koebel and Adrien Darbouze Jr. to Drive Regional Growth
GREENWICH, Conn.--(BUSINESS WIRE)-- #25yearsofsavings--The Difference Card, a national leader in cost-saving healthcare benefit strategies, today announced the addition of two seasoned sales executives. Tom Koebel and Adrien Darbouze Jr. joined the Revenue Management Team in March. Their combined expertise strengthens the company’s commitment to delivering innovative, cost-effective benefit solutions for employers and broker partners across the United States. Tom Koebel Joins as Southeast Market Director Tom Koebe
Credo and TE Connectivity Reach Settlement in Active Electrical Cable Disputes
SAN JOSE, Calif.--(BUSINESS WIRE)-- #WeConnect--Credo and TE Connectivity reach settlement in Active Electrical Cable disputes.
Tradeweb Announces Date for First Quarter 2026 Financial Results
NEW YORK--(BUSINESS WIRE)--Tradeweb Markets Inc. (Nasdaq: TW), a global leader in electronic trading across asset classes, will release financial results for the first quarter of 2026 on Wednesday, April 29, 2026, at approximately 7:00 AM EDT. In addition, Tradeweb will host a conference call for investors. WHO: Billy Hult, CEO Sara Furber, CFO Ashley Serrao, Head of Treasury, FP&A and IR WHAT: A discussion of financial results for the first quarter of 2026 followed by a question-an
FPA Nominated for 2026 US Morningstar Awards for Investing Excellence, Exemplary Stewardship Award
LOS ANGELES--(BUSINESS WIRE)--FPA is honored to have been nominated for the 2026 US Morningstar Awards for Investing Excellence, Exemplary Stewardship Award.
Blackstone Mortgage Trust Announces First-Quarter 2026 Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the “Company”) today announced that it will publish its first-quarter 2026 earnings presentation on its website at www.bxmt.com and file its Form 10-Q pre-market on Wednesday, April 29, 2026. The Company will also host a conference call the same day at 9:00 a.m. ET to review results. To register for the webcast, please use the following link: https://event.webcasts.com/starthere.jsp?ei=1757309&tp_key=05eb0b62eb For tho
Axos Financial, Inc. to Announce Third Quarter Fiscal 2026 Results on April 30, 2026
LAS VEGAS--(BUSINESS WIRE)--Axos Financial, Inc. (NYSE: AX) (“Axos” or the "Company”), holding company for Axos Bank, Axos Clearing LLC, and Axos Invest, Inc., announced today that it will host a conference call on Thursday, April 30, 2026 at 5:00 PM ET (2:00 PM PT) to discuss financial results for the third quarter of fiscal year 2026 ended March 31, 2026. Executive management will discuss the Company’s third quarter fiscal 2026 results on the call. The Company plans to distribute its earnings
Sensus Healthcare Files Lawsuit Against SkinCure Oncology for Breach of Contract
BOCA RATON, Fla.--(BUSINESS WIRE)--Sensus Healthcare, Inc. (Nasdaq: SRTS), a medical device company specializing in highly effective, non-invasive, minimally-invasive and cost-effective treatments for oncological and non-oncological skin conditions, today announced the filing of a lawsuit in the Circuit Court for the Fifteenth Judicial Circuit in and for Palm Beach County, Florida, against SkinCure Oncology, LLC (SkinCure) alleging breach of contract related to unpaid amounts owed for Sensus pr
Millrose Properties Amends Credit Agreement, Expanding to a $1.835 Billon Unsecured Facility With the Addition of a $500 Million Term Loan Commitment
MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP, "Millrose"), the leading homesite option platform for residential homebuilders, today announced the closing of an amendment to its credit facility with JPMorgan Chase Bank, N.A. serving as administrative agent, adding a new $500 million term loan to expand floating rate unsecured debt capacity under the facility to $1.835 billion. The amended unsecured facility, replacing the previously secured revolving credit facility, combines the
Marqeta to Announce First Quarter 2026 Results on May 5, 2026
OAKLAND, Calif.--(BUSINESS WIRE)--Marqeta, Inc. (NASDAQ: MQ), the modern card issuing platform, today announced that it will host a conference call and webcast to discuss first quarter 2026 financial results on Tuesday, May 5, 2026 at 4:30 pm ET. Hosting the call will be Mike Milotich, Chief Executive Office and Patti Kangwankij, Chief Financial Officer. A press release with the first quarter 2026 financial results will be issued after the market closes that same day. The conference call will b

