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KBRA Assigns Preliminary Ratings to BBCMS 2024-C28

Mon, 08/05/2024 - 17:57
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA is pleased to announce the assignment of preliminary ratings to 17 classes of BBCMS 2024-C28, an $804.9 million CMBS conduit transaction collateralized by 37 commercial mortgage loans secured by 85 properties. The collateral properties are located throughout 21 MSAs, of which the three largest are Inland Empire (9.9%), Chicago (9.9%), and Jacksonville (9.7%). The pool has exposure to each major property type, with five types representing more than 10.0% of the po

ZoomInfo Announces Board of Directors Appointments

Mon, 08/05/2024 - 17:57
VANCOUVER, Wash.--(BUSINESS WIRE)--ZoomInfo, (NASDAQ: ZI) the go-to-market platform to find, acquire, and grow customers, today announced the appointment of Domenic Maida and Owen Wurzbacher to its Board of Directors, effective August 6, 2024. Mr. Maida will serve on the Board’s Privacy, Security, and Technology Committee and Mr. Wurzbacher will serve on the Board’s Nominating and Corporate Governance and Compensation Committees. These appointments follow the resignation of Todd Crockett, which

National CineMedia, Inc. Reports Results for Fiscal Second Quarter 2024

Mon, 08/05/2024 - 17:57
CENTENNIAL, Colo.--(BUSINESS WIRE)--National CineMedia, Inc. (NASDAQ: NCMI) (“the Company” or “NCM”), the managing member and owner of approximately 100% National CineMedia, LLC (NCM LLC), the operator of the largest cinema advertising network reaching movie audiences in the U.S., today announced its consolidated results for the fiscal second quarter ended June 27, 2024. “The second quarter of 2024 highlighted our continued strong performance across the key metrics of inventory utilization and

Teradata Reports Second Quarter 2024 Financial Results

Mon, 08/05/2024 - 17:57
SAN DIEGO--(BUSINESS WIRE)--Teradata (NYSE: TDC) today announced its second quarter 2024 financial results; a conference call is scheduled for today at 2:00 p.m. PT to discuss.

CPI Card Group Inc. Reports Second Quarter 2024 Results

Mon, 08/05/2024 - 17:57
LITTLETON, Colo.--(BUSINESS WIRE)--CPI Card Group Inc. Reports Second Quarter 2024 Results

ZoomInfo Announces CFO Transition

Mon, 08/05/2024 - 17:57
VANCOUVER, Wash.--(BUSINESS WIRE)--ZoomInfo, (NASDAQ: ZI) the go-to-market platform to find, acquire, and grow customers, today announced that Graham O’Brien, the company’s Vice President of FP&A, has been appointed by ZoomInfo’s Board of Directors as the company’s interim Chief Financial Officer beginning September 6, 2024. At that time, the company’s Board of Directors and Cameron Hyzer, Chief Financial Officer, have agreed that Mr. Hyzer will transition to serve in an advisory capacity u

TrueBlue Reports Second Quarter 2024 Results

Mon, 08/05/2024 - 17:57
TACOMA, Wash.--(BUSINESS WIRE)--TrueBlue (NYSE:TBI) today announced its second quarter results for 2024. Second Quarter 2024 Financial Highlights Revenue of $396 million compared to $476 million in the prior year period Net loss of $105 million compared to net loss of $7 million in the prior year period Includes non-cash goodwill and intangible asset impairment charge of $45 million after tax and a related valuation allowance charge of $55 million on deferred tax assets SG&A expense reduced

Blend Partners with Astra to Enable Near-Instant Deposit Account Funding

Mon, 08/05/2024 - 17:57
SAN FRANCISCO--(BUSINESS WIRE)--Blend, the leading platform for digital banking solutions, today announced a new partnership with Astra, the pioneer in instant payments-as-a-service, to enhance the digital onboarding experience for consumers looking to quickly and seamlessly fund their new deposit account. For Consumers: A More Frictionless Deposit Account Opening Experience One of the most common challenges preventing consumers from funding their deposit account within a single session is the

Kemper Reports Second Quarter 2024 Operating Results*

Mon, 08/05/2024 - 17:57
CHICAGO--(BUSINESS WIRE)--Kemper Corporation (NYSE: KMPR) reported net income of $75.4 million, or $1.16 per diluted share, for the second quarter of 2024, compared to a net loss of $97.1 million, or $(1.52) per share, for the second quarter of 2023. Adjusted Consolidated Net Operating Income1 was $91.7 million, or $1.42 per diluted share, for the second quarter of 2024, compared to Adjusted Consolidated Net Operating Loss1 of $14.2 million, or $(0.22) per share, for the second quarter of 2023.

ZoomInfo Announces Second Quarter 2024 Financial Results

Mon, 08/05/2024 - 17:57
VANCOUVER, Wash.--(BUSINESS WIRE)--ZoomInfo, (NASDAQ: ZI) the go-to-market platform to find, acquire, and grow customers, today announced its financial results for the second quarter ended June 30, 2024. “In the second quarter, we implemented a number of initiatives to position the company for long-term success,” said Henry Schuck, ZoomInfo founder and CEO. “Having successfully launched ZoomInfo Copilot, our AI-powered go-to-market platform, we are further accelerating a shift upmarket. To that

Allarity Therapeutics, Inc. (ALLR) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

Mon, 08/05/2024 - 17:57
NEW YORK--(BUSINESS WIRE)---- $ALLR #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Allarity Therapeutics, Inc. (“Allarity” or “the Company”) (NASDAQ: ALLR). Investors who purchased Allarity securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/ALLR. Investigation Details On July 22, 2024, Allarity filed a current report on Form 8-K with the SEC and disclose

STMicroelectronics N.V. (STM) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

Mon, 08/05/2024 - 17:57
NEW YORK--(BUSINESS WIRE)---- $STM #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of STMicroelectronics N.V. (“ST” or “the Company”) (NYSE: STM). Investors who purchased ST securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/STM. Investigation Details On July 25, 2024, ST issued a press release announcing its second quarter 2024 results, including negativel

United Parcel Service, Inc. (UPS) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

Mon, 08/05/2024 - 17:57
NEW YORK--(BUSINESS WIRE)---- $UPS #classaction--Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of United Parcel Service, Inc. (“UPS” or “the Company”) (NYSE: UPS). Investors who purchased UPS securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/UPS. Investigation Details On July 23, 2024, UPS announced its earnings for the second quarter of 2024. UPS suffered from a dro

ABR INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Arbor Realty Trust Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

Mon, 08/05/2024 - 17:57
NEW YORK--(BUSINESS WIRE)---- $ABR #classaction--Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Arbor Realty Trust (“Arbor Realty” or “the Company”) (NYSE: ABR) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Arbor Re

MediaAlpha, Inc. (MAX) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

Mon, 08/05/2024 - 17:57
NEW YORK--(BUSINESS WIRE)---- $MAX #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of MediaAlpha, Inc. (“MediaAlpha” or “the Company”) (NYSE: MAX). Investors who purchased MediaAlpha securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/MAX. Investigation Details On June 24, 2024, Wolfpack Research published an article entitled “MAX: Our Investigation Reveals

Stellantis N.V. (STLA) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

Mon, 08/05/2024 - 17:57
NEW YORK--(BUSINESS WIRE)---- $STLA #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Stellantis N.V. (“Stellantis” or “the Company”) (NYSE: STLA). Investors who purchased Stellantis securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/STLA. Investigation Details On July 25, 2024, Stellantis issued a press release announcing its financial results for the firs

Generational Group Advises BAI Security, Inc. in its sale to Cyber Advisors, a portfolio company of Goldner Hawn

Mon, 08/05/2024 - 17:57
DALLAS--(BUSINESS WIRE)--Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of its client, BAI Security, Inc., to Cyber Advisors, a portfolio company of Goldner Hawn. The acquisition closed July 10, 2024. Headquartered in Lincolnshire, Illinois, BAI Security, Inc. is a nationally recognized IT security assessment firm specializing in comprehensive yet affordable security solutions for highly regulated industries, s

FIS Brings Innovative Data Intelligence to Regional and Community Institutions, Unlocking Greater Deposits and Balance Sheet Optimization

Mon, 08/05/2024 - 17:57
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Global financial technology leader FIS® (NYSE: FIS) has today announced that it is teaming with Curinos, a global data intelligence company, to help clients on its IBS and HORIZON core banking platforms bring data-driven decision making to the deposit optimization process. By driving more efficient deposit optimization, financial institutions can more easily hit growth targets, maintain strategic resilience against economic headwinds and bring the most compe

ISS Supports Saba Capital’s Nominee at Neuberger Berman Municipal Fund and Neuberger Berman Next Generation Connectivity Fund

Mon, 08/05/2024 - 17:57
NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, “Saba” or “we”), the largest shareholder of the Neuberger Berman Municipal Fund (NYSE: NBH) and the Neuberger Berman Next Generation Connectivity Fund (NYSE: NBXG) (collectively, the “Funds”), today announced that Institutional Shareholder Services Inc. (“ISS”) has recommended NBH and NBXG shareholders elect Saba’s director candidate, Paul Kazarian, to the Funds’ Boards of Directors (the “Boards”)

The Law Offices of Frank R. Cruz Announces Investigation of Dril-Quip, Inc. (DRQ) on Behalf of Investors

Mon, 08/05/2024 - 14:57
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Dril-Quip, Inc. (“Dril-Quip” or the “Company”) (NYSE: DRQ) on behalf of investors concerning the Company’s possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On July 8, 2024, Dril-Quip disclosed that it had “misclassified inventory write-downs from 2021 totaling approximately $67 million, including $19.3 million related to the 2018 gl

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