Lastest from Businesswire
Horace Mann reports second-quarter 2024 results
SPRINGFIELD, Ill.--(BUSINESS WIRE)--Horace Mann Educators Corporation (NYSE:HMN), the largest multiline financial services company focused on helping America’s educators and a core small-cap value equity in the Financials sector, today reported financial results for the three and six months ended June 30, 2024: Diversified business delivered second-quarter net income of $4 million, or $0.09 per share, and core earnings* of $8 million, or $0.20 per share, with reported book value of $29.60 and a
Safety Insurance Group, Inc. Announces Second Quarter 2024 Results and Declares Third Quarter 2024 Dividend
BOSTON--(BUSINESS WIRE)--Safety Insurance Group, Inc. (NASDAQ:SAFT) (“Safety” or the “Company”) today reported second quarter 2024 results. George M. Murphy, Chairman of the Board of Directors, President and Chief Executive Officer, commented: “We are seeing the financial impact of both ongoing rate increases and growth in policy counts with net earned premium increasing by 22.1% for the second quarter of 2024 compared to 2023. However, the growth in policy counts combined with ongoing inflatio
Annaly Capital Management, Inc. Announces Preferred Dividends
NEW YORK--(BUSINESS WIRE)--Annaly Capital Management, Inc. Announces Preferred Dividends
Jackson Announces Third Quarter 2024 Common and Preferred Stock Dividends and $750 Million Increase to Common Share Repurchase Authorization
LANSING, Mich.--(BUSINESS WIRE)--Jackson Financial Inc.1 (Jackson®) today announced its Board of Directors has declared a cash dividend of $0.70 per share of common stock (NYSE: JXN) for the third quarter of 2024. The dividend on the common stock will be payable on September 19, 2024, to common shareholders of record at the close of business on September 5, 2024. The Company also announced the declaration of a cash dividend of $0.50 per depositary share (NYSE: JXN PR A), each representing a 1/1
Korn Ferry Recognized by Everest Group as the Highest Designated Leader in the RPO Services PEAK Matrix® Assessment 2024 in Asia Pacific
LOS ANGELES--(BUSINESS WIRE)--Global organizational consulting firm Korn Ferry (NYSE: KFY) today announced that it has been recognized as the highest designated Leader and a Star Performer in Asia Pacific in Everest Group’s Recruitment Process Outsourcing (RPO) Services PEAK Matrix® Assessment. The report highlights Korn Ferry’s excellent track record executing single-country and global deals in the Asia Pacific region. The report affirms Korn Ferry’s expertise in hiring across the employment s
Forge Global Holdings, Inc. Reports Second Quarter Fiscal Year 2024 Results
SAN FRANCISCO--(BUSINESS WIRE)--Forge Global Holdings, Inc. (“Forge,” or the “Company”) (NYSE: FRGE), a leading private securities marketplace, today announced its financial results for the quarter ended June 30, 2024. “In Q2, we recorded our fifth consecutive quarter of revenue growth – with a 15% increase over Q1, attributable to increased trading activity as the market reawakens,” said Kelly Rodriques, CEO of Forge. “Throughout the downturn, we continued to invest in our Next Generation Plat
Core Scientific Announces Fiscal Second Quarter 2024 Results
AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific Announces Fiscal Second Quarter 2024 Results
AppLovin Announces Second Quarter 2024 Financial Results
PALO ALTO, Calif.--(BUSINESS WIRE)--AppLovin Corporation (NASDAQ: APP) (“AppLovin”), a leading marketing platform, today announced financial results for the second quarter ended June 30, 2024 and posted a letter to its shareholders on its Investor Relations website located at https://investors.applovin.com. Webcast and Conference Calls AppLovin will host a webinar today at 2:00 PM PT / 5:00 PM ET, during which management will discuss the Company’s second quarter 2024 results and provide comment
Sabra Reports Second Quarter 2024 Results; Increases 2024 Guidance
TUSTIN, Calif.--(BUSINESS WIRE)-- #2Q24--Sabra Health Care REIT, Inc. (“Sabra,” the “Company” or “we”) (Nasdaq: SBRA) today announced its results of operations for the second quarter of 2024. SECOND QUARTER 2024 RESULTS AND RECENT EVENTS Results per diluted common share for the second quarter of 2024 were as follows: Net Income: $0.10 FFO: $0.35 Normalized FFO: $0.35 AFFO: $0.36 Normalized AFFO: $0.36 EBITDARM Coverage Summary: Skilled Nursing/Transitional Care: 1.85x Senior Housing - Leased: 1.35x Beh
Klaviyo Announces Second Quarter 2024 Financial Results
BOSTON--(BUSINESS WIRE)--Klaviyo (NYSE: KVYO), the company that powers smarter digital relationships, today announced results for its second quarter ended June 30, 2024. “We delivered another strong quarter, as businesses of all sizes turn to our platform to power smarter digital relationships and drive revenue,” said Andrew Bialecki, co-founder and CEO of Klaviyo. “Klaviyo continues to prove itself essential for our customers, providing them with a powerful data platform that’s not only fast,
Millennial Specialty Insurance Achieves Milestone of $1 Billion in Written Premium
TAMPA, Fla.--(BUSINESS WIRE)--Millennial Specialty Insurance, LLC (“MSI”), one of the largest non-carrier-affiliated managing general agencies (MGAs) in the United States and an indirect subsidiary of The Baldwin Insurance Group, Inc. (formerly BRP Group, Inc.) (“Baldwin”) (NASDAQ: BWIN), announced today a significant milestone of achieving $1 billion in-force written premium in the second quarter of 2024. “This milestone is a reflection of our relentless pursuit of excellence and our commitmen
Marqeta Reports Second Quarter 2024 Financial Results
OAKLAND, Calif.--(BUSINESS WIRE)---- $MQ #embeddedfinance--Marqeta, Inc. (NASDAQ: MQ), the global modern card issuing platform, today reported financial results for the second quarter ended June 30, 2024. The Company reported Total Processing Volume (TPV) of $71 billion, representing a year-over-year increase of 32% driven by volume growth across several use cases. The Company reported Net Revenue of $125 million, a decrease of 46% year over year, which included a 60 percentage point negative growth impact due to the c
Blend to Participate in The Canaccord Genuity 44th Annual Growth Conference
SAN FRANCISCO--(BUSINESS WIRE)--Blend, Inc. (NYSE: BLND) today announced that Nima Ghamsari, Co-Founder and Head of Blend, will be presenting at the Canaccord Genuity 44th Annual Growth Conference in Boston on Wednesday, August 14, 2024 at 8:00 am ET. A webcast will be available at investor.blend.com and a replay will be available for one year following the conference. About Blend Blend is the infrastructure powering the future of banking. Financial providers— from large banks, fintechs, and cr
KBRA Assigns A+, Stable Outlook to Reno-Tahoe Airport Authority, NV Airport Revenue Bonds
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term rating of A+, with a Stable Outlook to Airport Revenue Bonds, Series 2024A (AMT) and Series 2024B (Non-AMT) to be issued by the Reno-Tahoe Airport Authority, NV ("the Authority"). The Authority owns, operates and manages the Reno-Tahoe International Airport (RNO or "the Airport") and a small general aviation airport, both of which comprise the Airport System. Airport Revenue Bonds are payable solely from and secured by a pledge of Net Revenues
KBRA Assigns Preliminary Ratings to Fora Financial Asset Securitization 2024 LLC, Series 2024-1 (FFAS 2024-1)
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to notes issued Fora Financial Asset Securitization 2024 LLC (the “Issuer”). The Issuer will issue five classes of Notes (collectively, the “Notes” or “Series 2024-1 Notes”) Series 2024-1 Notes totaling $127 million. The FFAS 2024-1 transaction is the third securitization for the Company. Fora Financial LLC founded in 2008, provides financing to small and medium-sized business through the use of proprietary risk scoring models, transac
AM Best Affirms Credit Ratings of CICA Life Insurance Company of America
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of CICA Life Insurance Company of America (CICA). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect CICA’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM). The strong balance sheet strengt
Prana Thoracic Completes Series A Extension of $3 Million in Oversubscribed Round, Bringing Total Funding to $9 Million
HOUSTON--(BUSINESS WIRE)-- #healthtech--Prana Thoracic, a Houston-based medtech startup, founded with a vision to transform lung cancer intervention, proudly announces the successful final closing of its Series A extension round. The company initially raised $3M, received a non-dilutive grant of $3M, and has now closed on an additional $3M in oversubscribed funding. This marks a significant milestone in its journey to advance precision surgical solutions. Prana Thoracic's Series A extension round was oversub
CFO Deanna Strable to Speak at 2024 KBW Insurance Conference
DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced today that Deanna Strable, executive vice president and chief financial officer, will participate in a fireside chat at the KBW Insurance Conference on Thursday, September 5, 2024, beginning at approximately 3:05 p.m. Eastern Time. Strable will participate in a question-and-answer session covering a variety of industry and company specific topics. The fireside chat will be available live at principal.com/inves
TWKS Investigation Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Thoughtworks Holding, Inc. Is Fair to Minority Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Thoughtworks Holding, Inc. (NASDAQ: TWKS) to affiliates of its majority shareholder, Apax Partners LLP, for $4.40 per share in cash is fair to minority shareholders. Halper Sadeh encourages Thoughtworks shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh
Templeton Dragon Fund, Inc. (“TDF”) Announces Distribution
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Templeton Dragon Fund, Inc. (NYSE: TDF) today announced a total distribution of $0.1155, comprised of net investment income of $0.1155 per share, short-term capital gains of $0.0000 per share and long-term capital gains of $0.0000 per share, payable on August 30, 2024, to shareholders of record on August 19, 2024 (Ex-Dividend Date: August 19, 2024). Franklin Resources, Inc. is a global investment management organization with subsidiaries operating as Fran