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Unum Group Reports Third Quarter 2024 Results

Tue, 10/29/2024 - 18:59
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group (NYSE: UNM) today reported net income of $645.7 million ($3.46 per diluted common share) for the third quarter of 2024, compared to net income of $202.0 million ($1.02 per diluted common share) for the third quarter of 2023. Included in net income for the third quarter of 2024 are the after-tax amortization of the cost of reinsurance of $8.2 million ($0.04 per diluted common share), the after-tax impact of non-contemporaneous reinsurance of $4.8 m

Ellington Credit Company Announces Release Date of Third Quarter 2024 Earnings, Conference Call, and Investor Presentation

Tue, 10/29/2024 - 18:59
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) (the "Company") today announced that it will release financial results for the quarter ended September 30, 2024 after market close on Tuesday, November 12, 2024. The Company will host a conference call to discuss its financial results at 1:00 p.m. Eastern Time on Wednesday, November 13, 2024. To participate in the event by telephone, please dial (800) 225-9448 at least 10 minutes prior to the start time and reference t

Thryv Provides Preliminary, Unaudited Third Quarter 2024 Results

Tue, 10/29/2024 - 18:59
DALLAS--(BUSINESS WIRE)--Thryv Holdings, Inc. (NASDAQ:THRY) (“Thryv” or the “Company”), the provider of Thryv®, based on information available as of October 29 2024, is providing preliminary, unaudited results for the third quarter of 2024 in conjunction with the proposed Keap acquisition announced today. The Company plans to release its full third quarter 2024 results before the market opens on November 7, 2024. Based on preliminary, unaudited results for the third quarter ended September 30,

Thryv Holdings Announces Public Offering of Common Stock

Tue, 10/29/2024 - 18:59
DALLAS--(BUSINESS WIRE)--Thryv Holdings, Inc. (“Thryv” or the “Company”) (NASDAQ: THRY) announced today that it has commenced an underwritten public offering of $75.0 million of shares of its common stock, subject to market and other conditions. In connection with the proposed offering, Thryv intends to grant the underwriter a 30-day option to purchase up to an additional 15% of the shares of common stock offered in the public offering. Thryv intends to use the net proceeds from this offering t

UMB Financial Corporation Reports Third Quarter Net Income of $109.6 Million and Net Operating Income(i) of $110.4 Million.

Tue, 10/29/2024 - 18:59
KANSAS CITY, Mo.--(BUSINESS WIRE)--UMB Financial Corporation (Nasdaq: UMBF), a financial services company, announced net income for the third quarter of 2024 of $109.6 million, or $2.23 per diluted share, compared to $101.3 million, or $2.07 per diluted share, in the second quarter (linked quarter) and $96.6 million, or $1.98 per diluted share, in the third quarter of 2023. Net operating income, a non-GAAP financial measure reconciled later in this release to net income, the nearest comparable

Pennsylvania American Water Completes Acquisition of the Butler Area Sewer Authority Wastewater System

Tue, 10/29/2024 - 18:59
MECHANICSBURG, Pa.--(BUSINESS WIRE)--Pennsylvania American Water, a subsidiary of American Water (NYSE: AWK), announced today that it completed the purchase of the Butler Area Sewer Authority (BASA) wastewater system for $230 million. The newly acquired wastewater system in Butler County serves more than 15,000 customer connections across 32.5 square miles, including the City of Butler; parts of East Butler Borough; and portions of Butler, Center, Connoquenessing, Summit and Oakland Townships.

NerdWallet Reports Third Quarter 2024 Results

Tue, 10/29/2024 - 18:59
SAN FRANCISCO--(BUSINESS WIRE)--NerdWallet reports third quarter 2024 results

AG Mortgage Investment Trust, Inc. Schedules Third Quarter 2024 Earnings Release and Conference Call

Tue, 10/29/2024 - 18:59
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that it will release third quarter 2024 financial results prior to market open on Tuesday, November 5, 2024. The Company will host a conference call to discuss the results on Tuesday, November 5, 2024, at 8:00 a.m. Eastern Time. To participate in the call by telephone, please dial (800) 579-2543 at least five minutes prior to the start time. International callers should dial (785) 424-1789

Visa Fiscal Fourth Quarter and Full-Year 2024 Financial Results

Tue, 10/29/2024 - 18:59
SAN FRANCISCO--(BUSINESS WIRE)--Visa (NYSE: V) today announced its fiscal fourth quarter and full-year 2024 financial results through an earnings release that will be furnished with the Securities and Exchange Commission on a Form 8-K and available on its Investor Relations website at investor.visa.com/financial-information/quarterly-earnings/default.aspx. Visa will host a live audio webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss these financial results. The webcast and a

AlTi Global, Inc. to Participate in JMP Securities Financial Services Conference

Tue, 10/29/2024 - 18:59
NEW YORK--(BUSINESS WIRE)--AlTi Global, Inc. (NASDAQ: ALTI) (“AlTi” or the “Company), a leading independent global wealth and alternatives manager with over $72 billion in combined assets, today announced that Michael Tiedemann, Chief Executive Officer, and Steve Yarad, Chief Financial Officer, will participate in and host meetings at the JMP Securities Financial Services Conference in New York City on Tuesday, November 12. About AlTi AlTi Tiedemann Global is a leading independent global wealth

Thryv Holdings Announces Strategic Acquisition of Keap

Tue, 10/29/2024 - 18:59
DALLAS--(BUSINESS WIRE)--Thryv Holdings, Inc. (“Thryv” or the “Company”) (NASDAQ: THRY), a leading provider of SaaS solutions for small and medium-sized businesses (“SMBs”), announced today that the Company has signed a definitive agreement to acquire Infusion Software, Inc. (“Keap”), a prominent player in customer relationship management and marketing automation for SMBs. ACQUISITION OVERVIEW AND STRATEGIC RATIONALE Keap is a leading provider of solutions for customer relationship management,

BrightSpire Capital, Inc. Announces Third Quarter 2024 Financial Results

Tue, 10/29/2024 - 18:59
NEW YORK--(BUSINESS WIRE)--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) today announced its financial results for the third quarter 2024 and certain updates. The Company reported third quarter 2024 GAAP net income attributable to common stockholders of $12.7 million, or $0.10 per share, Distributable Earnings of $17.9 million, or $0.14 per share, and Adjusted Distributable Earnings of $27.0 million, or $0.21 per share. The Company reported GAAP net book value

TechTarget to Announce 2024 Third Quarter Financial Results on November 12, 2024

Tue, 10/29/2024 - 18:59
NEWTON, Mass.--(BUSINESS WIRE)--TechTarget, Inc. announced that it plans to release its 2024 third quarter financial results after the market closes on Tuesday, November 12, 2024.

C Spire Named to Newsweek’s America’s Most Admired Workplaces 2025

Tue, 10/29/2024 - 18:59
RIDGELAND, Miss.--(BUSINESS WIRE)--C Spire, a diversified telecommunications and technology services company, announced today that it is recognized as one of America’s Most Admired Workplaces 2025 by Newsweek and Plant-A Insights Group. “We are honored to be recognized by Newsweek as one of America’s Most Admired Workplaces,” said Suzy Hays, President & CEO of C Spire. “At C Spire, the focus is on creating exceptional experiences that add value for our customers. This work relies on our com

STTK INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces an Investigation into Shattuck Labs, Inc. and Encourages Investors to Contact the Firm

Tue, 10/29/2024 - 18:59
NEW YORK--(BUSINESS WIRE)---- $STTK #STTK--Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Shattuck Labs, Inc. (“Shattuck” or “the Company”) (NASDAQ: STTK). Investors who purchased Shattuck securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/STTK. Investigation Details On October 1, 2024, Shattuck issued a press release announcing the discontinuation of its lead

FSLR INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces an Investigation into First Solar, Inc. and Encourages Investors to Contact the Firm

Tue, 10/29/2024 - 18:59
NEW YORK--(BUSINESS WIRE)---- $FSLR #FirstSolar--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of First Solar, Inc. (“First Solar” or “the Company”) (NASDAQ: FSLR). Investors who purchased First Solar securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/FSLR. Investigation Details On October 10, 2024, Jefferies analysts pared their expectations for FirstSolar’s upcoming

Hancock Whitney Names Moses Feagin to Its Holding Company Board

Tue, 10/29/2024 - 18:59
GULFPORT, Miss.--(BUSINESS WIRE)--Hancock Whitney Names Moses Feagin to Its Holding Company Board

Six loanDepot Originators Recognized on AREAA’s 2024 A-List

Tue, 10/29/2024 - 15:58
IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot, a leading provider of products and services that power the homeownership journey, is proud to announce that six of its retail loan originators have been named to the Asian Real Estate Association of America's (AREAA) annual “A-List,” which recognizes the housing industry's top-producing Asian American, Native Hawaiian, and Pacific Islander (AANHPI) professionals and their contributions to the AANHPI community. “As a purpose-driven lender, we’re commit

AM Best Affirms Credit Ratings of California Insurance Company and Affiliates

Tue, 10/29/2024 - 15:58
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a-” (Excellent) of California Insurance Company (Foster City, CA) and its affiliates, which are collectively referred to as North American Casualty Group (NAC). The outlook of these Credit Ratings (ratings) is negative. (Please see below for a detailed listing of the companies and ratings.) The ratings reflect NAC’s balance sheet

Chamberlain Hrdlicka Represents Amran Instrument Transformers and Narayan Powertech in $462 Million Sale of Businesses to Standex International Corporation

Tue, 10/29/2024 - 15:58
HOUSTON--(BUSINESS WIRE)--Chamberlain Hrdlicka’s M&A team, led by David Sheinbein, represented privately-held US-based Amran Instrument Transformers and India-based Narayan Powertech Pvt. Ltd ("Amran/Narayan Group") in two simultaneous sale transactions to Standex International Corporation (NYSE: SXI). With manufacturing locations in the United States and India and customers in more than 60 countries, Amran/Narayan Group is a leading manufacturer and distributor of low-voltage and medium-vo

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