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Journey Strategic Wealth Recruits $200m Advisor from LPL

Wed, 08/07/2024 - 08:58
NEW YORK--(BUSINESS WIRE)--Journey Strategic Wealth ("Journey"), a national RIA for independent advisors, is excited to announce the addition of the MDL Wealth advisory team, including founder Michael LaBarbera, advisor Ted Albrecht, and service advisors Carol Liddy and Sheila Meneses, bringing Journey's total AUM to $3.7 billion. LaBarbera and Journey President, Penny Phillips have a long-standing relationship with Phillips serving as a practice management consultant to MDL Wealth for several

TEGNA Inc. Reports Second Quarter 2024 Results and Provides Third Quarter 2024 Guidance

Wed, 08/07/2024 - 08:58
TYSONS, Va.--(BUSINESS WIRE)-- #TEGNA--TEGNA Inc. Reports Second Quarter 2024 Results and Provides Third Quarter 2024 Guidance

LendingPoint Appoints Shawn Stone as Chief Executive Officer

Wed, 08/07/2024 - 08:58
ATLANTA--(BUSINESS WIRE)--LendingPoint, the award-winning online loan origination and servicing platform, announced the appointment of Shawn Stone, a longtime financial services executive, as the Company’s new Chief Executive Officer and member of the Board. LendingPoint is a financial technology platform that provides financing solutions to a wide range of customers, including lending institutions and consumers. The company's proprietary fraud prevention, risk, and asset management algorithms

CG Life Continues Strengthening Executive Team with Appointment of Scott Thompson as Chief Financial Officer

Wed, 08/07/2024 - 08:58
CHICAGO--(BUSINESS WIRE)--CG Life, a leading integrated agency that blends strategy, creative, marketing, digital, and communications with science, has welcomed Scott Thompson as the agency’s Chief Financial Officer. With 20 years of financial management expertise, Thompson will oversee CG Life's financial operations and play a key leadership role in shaping business strategy as the agency continues its aggressive growth path. “Bringing Scott aboard as CG Life’s CFO was a smart choice, and I’m

ClearBridge MLP and Midstream Total Return Fund Inc. Announces Unaudited Balance Sheet Information as of July 31, 2024

Wed, 08/07/2024 - 08:58
NEW YORK--(BUSINESS WIRE)--ClearBridge MLP and Midstream Total Return Fund Inc. (NYSE: CTR) announced today the unaudited statement of assets and liabilities, the net asset value and asset coverage ratio of the Fund as of July 31, 2024. As of July 31, 2024, the Fund’s net assets were $161.3 million, and its net asset value per share was $46.83. The Fund’s asset coverage ratio under the Investment Company Act of 1940 (the “1940 Act”) with respect to senior indebtedness was 447% and the Fund’s as

CroíValve Announces $16 Million Equity Financing to Fund US Early Feasibility Study of Novel Transcatheter Tricuspid Device

Wed, 08/07/2024 - 08:58
DUBLIN--(BUSINESS WIRE)--CroíValve Announces $16 Million Equity Financing to Fund US Early Feasibility Study of Novel Transcatheter Tricuspid Device.

Eat Your Sweets! NatureSweet® Debuts Fun, Healthy & Convenient Back to School Snack - Cherubs® To Go PAW Patrol®

Wed, 08/07/2024 - 08:58
SAN ANTONIO--(BUSINESS WIRE)-- #naturesweet--NatureSweet, the largest vertically integrated controlled environment agricultural company in North America and the number one snacking tomato brand, is thrilled to add a little more joy into the healthy snacking category. This August, NatureSweet Cherubs® To Go snack packs will include a whimsical addition to the top seal of each To Go product by showcasing the beloved rescue pups from PAW Patrol®, the top-rated animated preschool series produced by Spin Master En

NICE Actimize Introduces AI-Powered SURVEIL-X Behavior Solution to Proactively Identify Employee Conduct Risk Factors

Wed, 08/07/2024 - 08:58
HOBOKEN, N.J.--(BUSINESS WIRE)-- #NICE--NICE Actimize, a NICE (NASDAQ: NICE) business, today announced the introduction of SURVEIL-X Behavior, the newest AI-powered solution in its market-leading SURVEIL-X Holistic Employee Conduct Surveillance suite. In addition to its surveillance coverage for markets, communications, sales practices & suitability, and conflicts of interest, NICE Actimize’s SURVEIL-X now provides financial services firms insights into employee behavior across numerous dimensions

ClearBridge MLP and Midstream Fund Inc. Announces Unaudited Balance Sheet Information as of July 31, 2024

Wed, 08/07/2024 - 08:58
NEW YORK--(BUSINESS WIRE)--Category: Financials

Embroker Appoints Andrew Lea as Chief Insurance Officer, Promotes Kristy Malm to Chief Operating Officer

Wed, 08/07/2024 - 08:58
SAN FRANCISCO--(BUSINESS WIRE)--Embroker, the digital insurance company radically simplifying the insurance buying experience for businesses, today announced the appointment of Andrew (Andy) Lea as Chief Insurance Officer (CIO) and the promotion of Kristy Malm to Chief Operating Officer (COO). Andy Lea Appointed Chief Insurance Officer Lea brings more than two decades of insurance experience to his role at Embroker. Beginning his career in insurance as an underwriter, he later went on to fill a

KnowBe4 Releases Q2 Quarterly Phishing Test Results

Wed, 08/07/2024 - 08:58
TAMPA BAY, Fla.--(BUSINESS WIRE)--KnowBe4, the provider of the world’s largest security awareness training and simulated phishing platform, today announced the results of its Q2 2024 top-clicked phishing report. The results include the top email subjects clicked on in phishing tests showing HR business-related messages are still provoking the most action from employees leading to potentially harmful results. Phishing emails remain a prevalent and effective tool for cybercriminals to launch mali

Best’s Market Segment Report: Growing US Captive Insurance Market Highlights Risk Management Expertise

Wed, 08/07/2024 - 08:58
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best-rated U.S. captive insurance companies reported another strong year in 2023, generating a 53% increase in net income with surplus gains while continuing to outperform their commercial market peers, according to a new AM Best report. The Best’s Special Report, “Growing Captive Insurance Market Highlights Risk Management Expertise,” states that the population of AM Best-rated U.S. captives posted net income of $1.4 billion, up from $923 million in the previ

Finance and Accounting Firm Topo Launches Out of High Alpha, Focusing on High-Growth Startups

Wed, 08/07/2024 - 08:58
INDIANAPOLIS--(BUSINESS WIRE)--Topo, a finance and accounting firm focused exclusively on startups, is announcing its official launch today out of venture firm High Alpha. Topo is led by CEO and Founder Tim Page, who spearheaded finance and accounting services at High Alpha — a team with a proven track record of supporting breakout software companies like Lessonly and Zylo through fundraising, mergers and acquisitions and other critical finance and accounting activities. "We are thrilled to off

Marcus & Millichap, Inc. Reports Results for Second Quarter 2024

Wed, 08/07/2024 - 08:58
CALABASAS, Calif.--(BUSINESS WIRE)--Marcus & Millichap, Inc. (the “Company”, “Marcus & Millichap”, or “MMI”) (NYSE: MMI), a leading national real estate services firm specializing in commercial real estate investment sales, financing, research and advisory services, reported its second quarter results today. Second Quarter 2024 Highlights Compared to Second Quarter 2023 Total revenue of $158.4 million, compared to $162.9 million Brokerage commissions of $135.4 million, compared to $140.

Supply Wisdom Announces Partnership with Fusion Risk Management to Enhance Third-Party Risk Management Effectiveness

Wed, 08/07/2024 - 08:58
NEW YORK--(BUSINESS WIRE)--Supply Wisdom, the market's only full-stack, real-time risk intelligence SaaS platform powered by Artificial Intelligence (AI), today announced a partnership with Fusion Risk Management ("Fusion"), a leading provider of cloud-based operational resilience, business continuity, and risk management solutions. The partnership will offer Fusion customers a seamless integration for enhanced third-party risk management (TPRM) and operational risk and resilience program needs

ON24 to Participate in the Canaccord Genuity 44th Annual Growth Conference

Wed, 08/07/2024 - 08:58
SAN FRANCISCO--(BUSINESS WIRE)--ON24 (NYSE: ONTF), a leading intelligent engagement platform for B2B sales and marketing, today announced participation in the following upcoming investor event: Canaccord Genuity 44th Annual Growth Conference August 14th, 2024 Presentation at 3:00 p.m. ET. A live webcast and replay of the presentation will be featured on the Company’s investor relations website at investors.on24.com. About ON24 ON24 is on a mission to help businesses bring their go-to-market str

Blackstone Energy Transition Partners Announces Majority Investment in Westwood Professional Services, Inc., Leading Engineering & Consulting Firm

Wed, 08/07/2024 - 08:58
PLANO, Texas & NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) announced today that private equity funds affiliated with Blackstone (“Blackstone”) have agreed to make a majority investment in Westwood Professional Services, Inc. (“Westwood”), a leading engineering and design firm focused on renewables, power, real estate and public infrastructure end markets. Blackstone will acquire its position in Westwood from Endurance Partners, with Westwood’s management team and employee shareholders reta

TSG Consumer Partners Appoints Dori Konig as Managing Director and Head of TSG Vantage, the Firm’s Portfolio Operations and Value Creation Group

Wed, 08/07/2024 - 08:58
SAN FRANCISCO--(BUSINESS WIRE)--TSG Consumer Partners (“TSG”), a leading private equity firm, today announced the expansion of its portfolio operations group, TSG Vantage (“Vantage”), with the appointment of Dori Konig as Head of TSG Vantage, effective August 5, 2024. Vantage supports TSG partner companies with strategic and operational services, with a particular focus on branding, digital transformation, and marketing strategy. Vantage’s focus areas are enhanced by a dedicated Consumer Insigh

Griffon Corporation Announces Third Quarter Results

Wed, 08/07/2024 - 08:58
NEW YORK--(BUSINESS WIRE)--Griffon Corporation (“Griffon” or the “Company”) (NYSE:GFF) today reported results for the fiscal 2024 third quarter ended June 30, 2024. Revenue for the third quarter totaled $647.8 million, a 5% decrease compared to $683.4 million in the prior year quarter. Net income totaled $41.1 million, or $0.84 per share, compared to $49.2 million, or $0.90 per share, in the prior year quarter. Excluding all items that affect comparability from both periods, adjusted net income

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