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AM Best Downgrades Credit Ratings of Stellar National Life Insurance Company; Places Credit Ratings Under Review With Developing Implications

Fri, 09/13/2024 - 12:25
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has downgraded the Financial Strength Rating to B+ (Good) from B++ (Good) and the Long-Term Issuer Credit Rating to “bbb-” (Good) from “bbb” (Good) of Stellar National Life Insurance Company (Stellar) (Phoenix, AZ). Concurrently, AM Best has placed the Credit Ratings (ratings) under review with developing implications. The ratings reflect Stellar’s balance sheet strength, which AM Best assesses as adequate, as well as its adequate operating performance, l

CAE Investors Have Opportunity to Lead CAE Inc. Securities Fraud Lawsuit With the Schall Law Firm

Fri, 09/13/2024 - 12:25
LOS ANGELES--(BUSINESS WIRE)--CAE Investors Have Opportunity to Lead CAE Inc. Securities Fraud Lawsuit with the Schall Law Firm

PDD Holdings, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights – PDD

Fri, 09/13/2024 - 12:25
LOS ANGELES--(BUSINESS WIRE)--PDD Holdings, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights – PDD

UBS Hires Financial Advisor Team in Bethesda, Maryland

Fri, 09/13/2024 - 12:25
BETHESDA, Md.--(BUSINESS WIRE)--UBS today announced that a five-person team, managing $650 million in client assets, has joined the firm in Bethesda, MD. The team, Wingman Capitol Group, is led by Financial Advisors Andy Murphy, Gene Suk and Terence Hardy. Andy, Gene, Terence and their team join the UBS Philadelphia D.C. Wealth Management Market, led by Market Executive Julie Fox, and will report to Market Director Jake Shine. “Andy, Gene and Terence have decades of experience in the industry s

Allstate Announces Preferred Dividends Payable on Oct. 15, 2024

Fri, 09/13/2024 - 12:25
NORTHBROOK, Ill.--(BUSINESS WIRE)--Allstate declared approximately $29.3 million in aggregate dividends on three series of preferred stock for the dividend period from July 15, 2024, through Oct. 14, 2024. All the preferred dividends are payable in cash on Oct. 15, 2024, to stockholders of record at the close of business on Sept. 30, 2024, as follows:   Series Annual Dividend Rate Quarterly Amount Per Depositary Share Series H 5.100% $0.3187500 Series I 4.750% $0.2968750 Series J 7.375% $0.4609

AIR Communities Receives Healthiest Employers Awards in Colorado, South Florida, and Southern California

Fri, 09/13/2024 - 12:25
DENVER--(BUSINESS WIRE)--AIR Communities has been selected as a 2024 Healthiest Employers award winner in three of its key markets – Colorado, South Florida, and Southern California. The Healthiest Employers awards program was created to honor people-first organizations that prioritize the wellbeing of their employees. Winners are selected based on a multi-point wellness program assessment, focusing on leadership and cultural commitment to health, foundational components, programming and interv

Best Product Management Courses (2024): Top Product Management Certifications Online Ranked by Compare Before Buying

Fri, 09/13/2024 - 12:25
BOSTON--(BUSINESS WIRE)--Compare Before Buying, an authoritative source for reviews and comparisons, announces its top picks for the best online product management courses in 2024, highlighting premier learning opportunities from leading platforms Udacity, Coursera, and Udemy. The article looks into the features and course offerings of the online learning platforms, underlining the differences and advantages of each one. Best Product Management Courses Udacity - provides project-based, industry

Circle Plants a Flag in the Heart of Wall Street; Announces New Global Headquarters in New York City

Fri, 09/13/2024 - 12:25
NEW YORK--(BUSINESS WIRE)--Circle today unveiled plans for a new global corporate headquarters for Circle Internet Group, Inc. based in the iconic One World Trade Center in Lower Manhattan at an event hosting industry, political leaders and key partners who have been central to Circle’s growth and success. The news marks a milestone moment for digital assets, Circle, New York, America and the US Dollar. “Circle’s vision for a new internet financial system is coming alive in a tremendous and exc

Shore Capital Partners Announces 20 Portfolio Companies Named to the Inc. 5000 List of America's Fastest-Growing Private Companies

Fri, 09/13/2024 - 12:25
CHICAGO--(BUSINESS WIRE)--Shore Capital Partners (“Shore” and “the firm”), a leading private equity firm specializing in growing lower middle-market businesses announced that 20 of its portfolio companies were named to the 2024 Inc. 5000 list of the fastest-growing private companies in America. This recognition is a result of Shore’s commitment to partnering with high-potential businesses and executives across sectors, and working together to accelerate sustainable growth. The Inc. 5000 list ra

BerryDunn Principal Leah Shanahan Receives Certified Management Accounting Certification

Fri, 09/13/2024 - 12:25
WALTHAM, Mass.--(BUSINESS WIRE)--BerryDunn, a full-service assurance, tax, and consulting firm, is pleased to announce that Leah Shanahan, CPA, a Principal in the Outsourced Accounting Practice Group, is the first BerryDunn Principal to receive the Certified Management Accountant (CMA) designation, awarded by the Institute of Management Accountants (IMA), signifying excellence in financial accounting, strategic management, financial planning, analysis, control, decision support, and professiona

Wolters Kluwer Introduces BizFilings Podcast Series for Businesses Navigating U.S. Corporate Transparency Act Reporting Rule

Fri, 09/13/2024 - 09:25
MINNEAPOLIS--(BUSINESS WIRE)-- #BeneficialOwnership--Wolters Kluwer has developed a series of informative podcasts under its BizFilings brand to promote a greater understanding among owners of small business entities that are subject to the Corporate Transparency Act’s (CTA) beneficial ownership information (BOI) reporting rule. The podcasts tackle some of the more complex data collection and filing requirements of BOI reporting to help foster greater clarity and compliance. “Each year, small business owners, includi

Television Academy Announces Corporate Partners for the 76th Emmy® Awards Season

Fri, 09/13/2024 - 09:25
LOS ANGELES--(BUSINESS WIRE)-- #2024EmmyAwards--The Television Academy today announced its official roster of corporate partners for the 76th Emmy® Awards season, which includes FIJI Water, Franciacorta, Johnnie Walker Blended Scotch Whisky, JUSTIN Vineyards & Winery, PEOPLE, The Ritz-Carlton and United Airlines. This year’s partners will contribute to the grandeur and elegance of all the star-studded festivities honoring exceptional achievement in television. FIJI Water is thrilled to continue as the Offici

Allvue Systems Wins Fund Accounting and Reporting Software of the Year at the Private Equity Wire U.S. Credit Awards

Fri, 09/13/2024 - 09:25
NEW YORK--(BUSINESS WIRE)--Allvue Systems, LLC (“Allvue Systems”), a leading provider of technology solutions for the private capital markets, has been named the winner of the Fund Accounting and Reporting Software of the Year category at the prestigious 2024 Private Equity Wire U.S. Credit Awards. The annual Private Equity Wire U.S. Credit Awards recognize excellence in fund performance and service provider excellence across credit funds. Given the significant growth of private credit as an as

IDC Shows IT and Business Executives How to Understand and More Effectively Manage Enterprise Technical Debt

Fri, 09/13/2024 - 09:25
NEEDHAM, Mass.--(BUSINESS WIRE)-- #IDCResearch--To help executives understand the impact of technical debt on their organizations, IDC has developed a framework to measure and manage technical debt.

Best Accounting Services (Sep 2024): Omega Accounting Solutions Reviewed by Better Business Advice

Fri, 09/13/2024 - 09:25
NEW YORK--(BUSINESS WIRE)--Better Business Advice has identified Omega Accounting Solutions as the leading choice for accounting services in the 2024 business landscape.

Graham Holdings Company Announces Stock Repurchase Authorization

Fri, 09/13/2024 - 09:25
ARLINGTON, Va.--(BUSINESS WIRE)--Graham Holdings Company (NYSE: GHC) announced today that its Board of Directors has authorized the Company to acquire up to 500,000 shares of its Class B common stock. The Company did not announce a ceiling price or time limit for the purchases. As of August 31, 2024, there were 3,406,903 Class B shares outstanding. # # #

AM Best Downgrades Credit Ratings of Texas Farm Bureau Casualty Insurance Company and Affiliates

Fri, 09/13/2024 - 09:25
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 Ratings (Long-Term ICR) to “bbb+” (Good) from “a-” (Excellent) of Texas Farm Bureau Casualty Insurance Company and its affiliates, Farm Bureau County Mutual Insurance Company of Texas, Texas Farm Bureau Mutual Insurance Company and Texas Farm Bureau Underwriters. The outlook of the FSR has been revised to stable from negative while the outl

Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the Third Quarter 2024

Fri, 09/13/2024 - 09:25
FARMINGDALE, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that its Board of Directors declared a dividend of $0.15 per share on the Company’s common stock for the third quarter of 2024. The dividend will be payable in cash on October 31, 2024 to holders of the common stock of record as of the close of business on September 30, 2024. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 per share on t

Similarweb Ltd. Announces Pricing of Secondary Offering by a Selling Shareholder

Fri, 09/13/2024 - 09:25
TEL AVIV, Israel--(BUSINESS WIRE)--Similarweb Ltd. (“Similarweb”) (NYSE: SMWB), a leading digital market intelligence company, today announced the pricing of an underwritten public offering by a selling shareholder (the “Offering”) of 3,500,000 ordinary shares of the Company at a public offering price of $7.85 per share for total gross proceeds of $27,475,000, before deducting underwriting discounts and offering expenses. The selling shareholder has granted the underwriters a 30-day option to p

US Commercial Payment Cards Trends Report 2024: A $5.1 Trillion Market by 2027 - Fintechs Use Niche Expertise to Build Out Market Presence - ResearchAndMarkets.com

Fri, 09/13/2024 - 09:25
DUBLIN--(BUSINESS WIRE)--The "Commercial Payment Cards: U.S. Market Trends, 13th Edition" report has been added to ResearchAndMarkets.com's offering. The report provides a detailed analysis of commercial payment card trends in the US and sizes the method of payment's global market. Commercial cards are a rapidly growing segment of the payment card market and the finance departments driving use demand seamlessness and evergreen innovation. Through 2027, we estimate that US commercial cards will

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