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KBRA Assigns Preliminary Ratings to Fora Financial Asset Securitization 2024 LLC, Series 2024-1 (FFAS 2024-1)

Wed, 08/07/2024 - 14:58
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

Wed, 08/07/2024 - 14:58
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

Wed, 08/07/2024 - 14:58
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

Wed, 08/07/2024 - 14:58
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

Wed, 08/07/2024 - 14:58
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

Wed, 08/07/2024 - 14:58
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

Franklin Limited Duration Income Trust (“FTF” or the “Fund”) Announces Distribution

Wed, 08/07/2024 - 14:58
SAN MATEO, Calif.--(BUSINESS WIRE)--FRANKLIN LIMITED DURATION INCOME TRUST [NYSE American: FTF] today announced a monthly distribution from net investment income of $0.0615 per share, payable on August 30, 2024, to shareholders of record on August 19, 2024 (Ex-Dividend Date: August 19, 2024). The Fund’s Board of Trustees (the “Board”) has authorized a managed distribution plan (the “Plan”) pursuant to which the Fund makes monthly distributions to shareholders at the fixed rate of $0.0615 per sh

Templeton Emerging Markets Income Fund (“TEI” or the “Fund”) Announces Distribution

Wed, 08/07/2024 - 14:58
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Templeton Emerging Markets Income Fund [NYSE: TEI] today announced a monthly distribution from net investment income of $0.0475 per share, payable on August 30, 2024, to shareholders of record on August 19, 2024 (Ex-Dividend Date: August 19, 2024). The Fund’s Board of Trustees (the “Board”) has authorized a managed distribution plan (the “Plan”) pursuant to which the Fund makes monthly distributions to shareholders at the fixed rate of $0.0475 per share.

The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Indivior PLC (INDV) Investors

Wed, 08/07/2024 - 14:58
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Indivior PLC (INDV) Investors

Revolutionary New Political Advertising Engine, AdStorm, Lets Donors Pick and Place TV Ads Themselves

Wed, 08/07/2024 - 14:58
WASHINGTON--(BUSINESS WIRE)-- #adstorm--AdStorm, a new political advertising platform launching today, lets anyone place a political ad on TV in the market of their choice.

Swoop Finance and Enable Inc. Partner to Offer White-Label Financing Solutions for ISOs

Wed, 08/07/2024 - 14:58
LONG GROVE, Ill.--(BUSINESS WIRE)-- #independentsalesorganizations--Swoop Finance (https://swoopfinancing.com/) and Enable (www.enablefinancing.com) announced a strategic partnership to provide white-label financing solutions for Independent Sales Organizations (ISOs). This collaboration aims to help ISOs enhance their service offerings in response to growing consumer demand for flexible payment options. Enable's white-label point-of-sale financing platform, now available through Swoop Finance's partner network, allows ISOs to

Daversa Partners Wins Prestigious PR Daily Social Media & Digital and Content Marketing Awards

Wed, 08/07/2024 - 14:58
NEW YORK--(BUSINESS WIRE)--Daversa Partners announces a significant achievement, securing wins in PR Daily’s Social Media & Digital Awards for Content Marketing and the Content Marketing Awards for the Article or Series category. This recognition underscores Daversa Partners’ exceptional ability to captivate audiences and lead in social media and digital communications. PR Daily’s awards celebrate organizations and individuals who excel in driving online engagement and achieving remarkable

PETQ Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of PetIQ, Inc. Is Fair to Shareholders

Wed, 08/07/2024 - 11:58
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of PetIQ, Inc. (NASDAQ: PETQ) to Bansk Group for $31.00 per share in cash is fair to PetIQ shareholders. Halper Sadeh encourages PetIQ 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.com. The investigation concerns whether PetIQ and its board of directo

Answering Common Questions About Credit Card Interest Rates

Wed, 08/07/2024 - 11:58
PHOENIX--(BUSINESS WIRE)-- #CreditCards--Credit card interest rates can vary widely and change frequently. Being aware of what determines interest rates and how they can be managed helps ensure costs don’t climb out of control and credit scores don’t suffer. “Knowing interest basics helps people make informed choices about their finances,” said Amy Robbins, associate director of operations with Take Charge America, a nonprofit credit counseling and debt management agency. “Credit card interest rates aren’t et

Federman & Sherwood Investigates Blue Ridge Rural Water Company, Inc. for Data Breach

Wed, 08/07/2024 - 11:58
OKLAHOMA CITY, Okla.--(BUSINESS WIRE)-- #BlueRidge--Federman & Sherwood Investigates Blue Ridge Rural Water Company, Inc. for Data Breach

Franklin Universal Trust (“FT” or the “Fund”) Announces Distribution

Wed, 08/07/2024 - 11:58
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Universal Trust [NYSE: FT] today announced a monthly distribution from net investment income of $0.0425 per share, payable on August 30, 2024, to shareholders of record on August 19, 2024 (Ex-Dividend Date: August 19, 2024). The Fund’s primary investment objective is to provide high, current income consistent with preservation of capital. Its secondary objective is growth of income through dividend increases and capital appreciation. Distributions ma

AM Best Revises Outlooks to Stable for Frank Winston Crum Insurance Company

Wed, 08/07/2024 - 11:58
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlooks to stable from positive and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of Frank Winston Crum Insurance Company (FWCI) (Clearwater, FL). The Credit Rating (ratings) reflect FWCI’s balance sheet strength, which AM Best assesses as strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management. The revised outlo

Arijit Roy appointed to U.S. Bank Managing Committee

Wed, 08/07/2024 - 11:58
MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp (NYSE: USB), parent company of U.S. Bank, announced today that Arijit Roy will become the newest member of its Managing Committee, a group of 16 executives with various responsibilities for the organization’s revenue lines, enabling functions and independent risk teams. “As an organization, we are fortunate to attract and learn from talented leaders who are shaping the future of our industry,” said Andy Cecere, U.S. Bancorp chairman and CEO. “We apprec

Federman & Sherwood Investigates South Suburban College for Data Breach

Wed, 08/07/2024 - 11:58
OKLAHOMA CITY--(BUSINESS WIRE)-- #FedermanSherwood--Federman & Sherwood Investigates South Suburban College for Data Breach

Behavox Reports Strong Q2 2024 Results: Record ARR and Sustained Profitability

Wed, 08/07/2024 - 11:58
NEW YORK--(BUSINESS WIRE)--Behavox, a leading provider of AI-driven compliance solutions, today announced its financial results for the second quarter of 2024, highlighting significant achievements and continued growth. Key Financial Highlights: Annual Recurring Revenue (ARR): The company continued its strong momentum from the first quarter with 35% ARR increase YoY. The firm remains on track to achieve 40% YoY growth for 2024. Profitability: This quarter marks the third consecutive quarter of

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