Lastest from Businesswire

OKLAHOMA CITY, Okla.--(BUSINESS WIRE)-- #CRL--Federman & Sherwood Investigates Consulting Radiologists LTD (“CRL”) for Data Breach

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” (Superior) of Vantis Life Insurance Company (Vantis Life) (Windsor, CT). The outlook of these Credit Ratings (ratings) is stable. Concurrently, AM Best has withdrawn these ratings as the company has requested to no longer participate in AM Best’s interactive rating process. The ratings reflect Vantis Life’s balance sheet strength, which AM Best asse

OKLAHOMA CITY--(BUSINESS WIRE)-- #FedComp--Federman & Sherwood Investigates Ongoing Operations and FedComp for Data Breach

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of the operating subsidiaries of AXIS Capital Holdings Limited (Pembroke, Bermuda), collectively referred to as AXIS. Additionally, AM Best has affirmed the Long-Term ICR of “bbb+” (Good) and the indicative Long-Term Issue Credit Ratings (Long-Term IR) of AXIS Capital Holdings Limited. The outlook of these Credit Ratings

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Super Micro Computer, Inc. (“Super Micro” or the “Company”) (NASDAQ: SMCI) investors concerning the Company’s possible violations of federal securities laws. On August 27, 2024, Hindenburg Research published a report alleging, among other things, that an investigation into Super Micro “found glaring accounting red flags, evidence of undisclosed related party transactions, sanctions and export

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced its estimated book value per share of common stock of $13.80 as of July 31, 2024. This estimate includes the effect of the previously announced monthly dividend of $0.13 per share of common stock, payable on August 26, 2024 to holders of record on July 31, 2024, with the same ex-dividend date. Cautionary Statement Regarding Forward-Looking Statements Estimated book value per common share

NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the common stock of Independence Contract Drilling, Inc. (the “Company”) — ticker symbol ICD — from the NYSE. Trading in the Company’s common stock will be suspended immediately. NYSE Regulation reached its decision to delist the Company’s common stock pursuant to Section 802.01B of the NYSE’s Listed Company Manual bec

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “bb-” (Fair) from “b+” (Marginal) of Genworth Financial, Inc. [NYSE: GNW] and Genworth Holdings, Inc. (both domiciled in Delaware), as well their Long-Term Issue Credit Ratings (Long-Term IRs). The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed list of the Long-Term IRs.) In addition, AM Best affirmed the Financial Strength Rating (FSR) of B- (Fair) and th

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Super Micro Computer, Inc. (“Super Micro” or the “Company”) (NASDAQ: SMCI) investors concerning the Company’s possible violations of the federal securities laws. If you suffered a loss on your Super Micro investments or would like to inquire about potentially pursuing claims to recover your loss under the feder

CLEVELAND--(BUSINESS WIRE)--MAI Capital Management, LLC (“MAI”) today announced a strategic realignment of the organization’s leadership team as part of the firm’s continued commitment to driving growth and making a significant and positive impact on the lives and well-being of clients. MAI is a leading registered investment advisory firm focused on empowering clients to simplify, protect, and grow their wealth through objective advice, tailored planning, and integrated services and solutions.

BUFFALO, N.Y.--(BUSINESS WIRE)--Rand Capital (Nasdaq: RAND) Receives $13.1 Million from Sale of SciAps, Inc.

TAMPA, Fla.--(BUSINESS WIRE)--The Baldwin Group, the brand name for The Baldwin Insurance Group, Inc. (formerly BRP Group, Inc.) (“Baldwin” or the “Company”) (NASDAQ: BWIN), today announced that Trevor Baldwin, Chief Executive Officer, and Brad Hale, Chief Financial Officer, will be presenting at the KBW Insurance Conference on Thursday, September 5, 2024 at 12:50 pm Eastern Time. A link to the live webcast of the presentation will be accessible in the investor relations section of the Company’

CHICAGO--(BUSINESS WIRE)--Ryan Specialty Holdings, Inc. (NYSE: RYAN) (“Ryan Specialty”), a leading international specialty insurance firm, today announced that its Founder, Chairman and Chief Executive Officer, Patrick G. Ryan, its President, Timothy W. Turner, its Chief Financial Officer, Jeremiah R. Bickham, its President and CEO of Ryan Specialty Underwriting Managers, Miles Wuller, and its Chief Accounting Officer, Janice M. Hamilton, will participate in a fireside chat at the KBW Insurance

ST. LOUIS PARK, Minn. & MINNETONKA, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB) (“Bridgewater”), the parent company of Bridgewater Bank, and First Minnetonka City Bank announced today the signing of a definitive merger agreement under which Bridgewater Bank would acquire First Minnetonka City Bank in an all-cash transaction. At the closing of the transaction, First Minnetonka City Bank will merge with and into Bridgewater Bank. The combined organization is expected to hav

NEW YORK--(BUSINESS WIRE)--Citigroup Inc. is redeeming, in whole, all $1.5 billion aggregate liquidation preference of Series U Depositary Shares representing interests in its 5.000% Fixed Rate / Floating Rate Noncumulative Preferred Stock, Series U (the “Preferred Stock”). The redemption date is September 12, 2024 for the Preferred Stock and related Depositary Shares (the “Redemption Date”). The cash redemption price, payable on the Redemption Date for each Depositary Share, will equal $1,000.

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has withdrawn the Long-Term Issuer Credit Rating of “bbb-” (Good) of National Western Life Group, Inc. (National Western) (headquartered in Austin, TX). At the time of this withdrawal, the Credit Rating (rating) outlook is stable. AM Best has withdrawn this rating as National Western has requested to no longer participate in AM Best’s interactive rating process, since the company was taken private. This rating was downgraded on Aug. 23, 2024. This press r

COSTA MESA, Calif.--(BUSINESS WIRE)---- $MLNK--MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms to financial institutions and consumer reporting agencies, welcomes Elias Olmeta as its Chief Financial Officer. Mr. Olmeta, a seasoned business leader with over three decades of experience as a financial leader, will succeed Larry Katz, who has moved into the role of President. "Elias Olmeta's impressive track record and expertise in scaling SaaS companies make him the ideal ad

BOSTON--(BUSINESS WIRE)--Toast Announces Participation at Goldman Sachs Conference

SAN FRANCISCO--(BUSINESS WIRE)--Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today reported financial results for its fourth quarter and fiscal year ended June 30, 2024. The results, which include a shareholder letter furnished to the U.S. Securities and Exchange Commission on Form 8-K, can be found in the “Events and Presentations” section of the Company’s investor relations website at https://investors.affirm.com/. Affirm

NEW YORK--(BUSINESS WIRE)--On August 28, 2024, BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE: DCF) declared a distribution of $0.035 per share of common stock, payable on September 26, 2024, to shareholders of record at the close of business on September 12, 2024. The ex-dividend date is September 12, 2024. The previous distribution declared in July was $0.035 per share of common stock. The Fund intends to pay most, but likely not all, of its net income to common sh