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Stewart Executive Vice President Lou Pontani Honored with HousingWire’s 2024 Tech Trendsetters Award

Tue, 11/05/2024 - 09:03
HOUSTON--(BUSINESS WIRE)--Stewart Information Services Corporation (NYSE:STC) announced today that Lou Pontani is a recipient of the 2024 Tech Trendsetters award presented by HousingWire. The annual award, now in its sixth year, recognizes the most impactful and innovative technology leaders serving the housing economy. Pontani serves as Executive Vice President, Information Technology & Enterprise Operations where he oversees Stewart's strategic operational priorities and digital strategy,

Vidyard Named Salesloft’s Preferred Video Partner to Enhance Sales Engagement with AI-Powered Video Messaging

Tue, 11/05/2024 - 09:03
KITCHENER, Ontario--(BUSINESS WIRE)-- #SalesEngagement--Video messaging leader Vidyard today announced that it has been selected by Salesloft, the leading Revenue Orchestration Platform, as its Preferred Video Partner. Vidyard Messages integration with Salesloft allows users to enhance customer and prospect engagement by incorporating personalized video messages leveraging Vidyard AI Avatars directly into their email workflows. Sales teams using the two platforms together can now personalize their outbound commun

Sprinklr Appoints Rory Read as President & Chief Executive Officer; Founder Ragy Thomas Continues as Chairman of the Board

Tue, 11/05/2024 - 09:03
NEW YORK--(BUSINESS WIRE)---- $CXM #CX--Sprinklr (NYSE: CXM), the unified customer experience management (Unified-CXM) platform for modern enterprises, today announced the appointment of Rory Read as President & Chief Executive Officer and a member of its Board of Directors, effective November 5, 2024. Mr. Read will succeed Ragy Thomas, who will transition from his Co-CEO role to Advisor to the CEO and work closely with Mr. Read while continuing to serve as Founder and Chairman of the Board. Trac Pham w

American Express Global Business Travel Reports Strong Q3 2024 Financial Results, Raises 2024 Free Cash Flow Guidance and Announces $300 Million Share Buyback Authorization

Tue, 11/05/2024 - 09:03
NEW YORK--(BUSINESS WIRE)--Amex GBT Reports Strong Q3 2024 Financial Results, Raises 2024 Free Cash Flow Guidance and Announces $300 Million Share Buyback Authorization

Rocky Mountain Credit Union and UnitedOne Credit Union Launch Mahalo’s Thoughtful Banking Platform

Tue, 11/05/2024 - 09:03
TROY, Mich.--(BUSINESS WIRE)-- #automation--Mahalo Banking today announced that Rocky Mountain Credit Union and UnitedOne Credit Union are now live on its enhanced Thoughtful Banking® platform.

Technology Holdings Has Expanded Operations into Brazil, Driving Growth in Latin America

Tue, 11/05/2024 - 09:03
SAO PAULO--(BUSINESS WIRE)--Technology Holdings (TH), an award-winning global boutique investment bank with a track record of closing transactions in 24 countries, proudly announces its strategic expansion into Brazil, leveraging digital transformation within one of Latin America’s largest economies. This move significantly strengthens Technology Holdings’ presence in the rapidly growing Latin American market, enabling the firm to play a vital role in the region's expanding M&A landscape. A

Payoneer Reports Third Quarter 2024 Financial Results

Tue, 11/05/2024 - 09:03
NEW YORK--(BUSINESS WIRE)--Payoneer Global Inc. (“Payoneer” or the “Company”) (NASDAQ: PAYO) today reported financial results for its third quarter ended September 30, 2024.

Core Scientific Announces October 2024 Production and Operations Updates

Tue, 11/05/2024 - 09:03
AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific Announces October 2024 Production and Operations Updates

Palmer Square Capital BDC Inc. Announces Third Quarter 2024 Financial Results

Tue, 11/05/2024 - 09:03
MISSION WOODS, Kan.--(BUSINESS WIRE)--Palmer Square Capital BDC Inc. (NYSE: PSBD) (“PSBD” or the “Company”), an externally managed business development company, today announced its financial results for the third quarter ended September 30, 2024. Financial and Operating Highlights Total investment income of $37.3 million for the third quarter of 2024, compared to $28.8 million for the prior year period Net investment income of $15.7 million or $0.48 per share for the third quarter of 2024, as c

One Equity Partners Completes Sale of Dragonfly Financial Technologies to FIS

Tue, 11/05/2024 - 09:03
NEW YORK--(BUSINESS WIRE)-- #banking--One Equity Partners Completes Sale of Dragonfly Financial Technologies to FIS

SLR Credit Solutions Agents Senior Credit Facility for Eclipse RTO

Tue, 11/05/2024 - 09:03
BOSTON--(BUSINESS WIRE)--SLR Credit Solutions (“SLR CS”) announced the closing of a Senior Credit Facility comprised of a term loan and revolver for Eclipse RTO (“Eclipse” or the “Company”), a leading rent-to-own operator specializing in furniture, appliances, and electronics. Eclipse is a portfolio company of CMG Companies (“CMG” or the “Sponsor”). The financing has a first lien on all assets and was supported by the Company’s rent-to-own contractual lease stream. Proceeds from the facility we

Bowhead Specialty Holdings Inc. Reports Third Quarter 2024 Results

Tue, 11/05/2024 - 09:03
NEW YORK--(BUSINESS WIRE)--Bowhead Specialty Holdings Inc. (NYSE: BOW), a growing specialty lines insurance group focused on providing casualty, professional liability and healthcare liability insurance products, today announced financial results for the third quarter ended September 30, 2024*. Third Quarter 2024 Highlights Gross written premiums increased 32.3% to $197.0 million. Net income of $12.1 million, or $0.36 per diluted share. Adjusted net income(1) of $12.5 million, or $0.38 per dilu

UL Solutions Inc. Reports Strong Third Quarter 2024 Results

Tue, 11/05/2024 - 09:03
NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS), a global safety science leader in independent third-party testing, inspection and certification services and related software and advisory offerings, today reported results for the third quarter ended September 30, 2024. “This is our third quarterly report since becoming a public company and I’m very pleased that our results extended our momentum from the first half of 2024, with all segments and regions contributing positively,”

Novanta Announces Financial Results for the Third Quarter 2024

Tue, 11/05/2024 - 09:03
BEDFORD, Mass.--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (“Novanta” or the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, today reported financial results for the third quarter 2024. Financial Highlights Three Months Ended   (In millions, except per share amounts) September 27,     September 29,     2024     2023   GAAP           Revenue $ 244.4     $ 221.5   Operating Income $ 32.6     $ 30.3   Net Income $ 19.2     $ 21.2   Diluted EPS

MarketAxess Announces Trading Volume Statistics for October

Tue, 11/05/2024 - 09:03
NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced trading volume and preliminary variable transaction fees per million (“FPM”) for October 2024.1 Chris Concannon, CEO of MarketAxess, commented: “We delivered the second straight month of record total trading ADV in October, driven by continued robust market volumes and strength in our international businesses. Our rates business

AG Mortgage Investment Trust, Inc. Reports Third Quarter 2024 Results

Tue, 11/05/2024 - 09:03
NEW YORK--(BUSINESS WIRE)--AG Mortgage Investment Trust, Inc. ("MITT," "we," the "Company," or "our") (NYSE: MITT) today reported financial results for the quarter ended September 30, 2024. MANAGEMENT REMARKS “MITT delivered yet another strong quarter as we continue to execute the core business strategy of originating and securitizing residential whole loans, with MITT generating an economic return on equity of 3.9% for the quarter,” said T.J. Durkin, Chief Executive Officer and President. “Wit

MultiPlan Reports Third Quarter 2024 Results and Updates 2024 Guidance

Tue, 11/05/2024 - 06:03
NEW YORK--(BUSINESS WIRE)--MultiPlan Corporation (“MultiPlan” or the “Company”) (NYSE: MPLN), a leading provider of data-driven cost management solutions that deliver transparency and promote fairness, quality and affordability to the U.S. healthcare industry, today reported financial results for the third quarter ended September 30, 2024 and updated its full-year 2024 guidance. CEO Travis Dalton said, “During the third quarter, we experienced growth in volumes of billed charges and identified

Summit Bancshares, Inc. Announces a Special Dividend

Tue, 11/05/2024 - 03:03
OAKLAND, Calif.--(BUSINESS WIRE)--The Board of Directors of Summit Bancshares, Inc., at a meeting held on October 16, 2024, in recognition of the bank’s 42nd year in business, declared a special cash dividend of $0.42 per share, payable on December 13th, 2024, to holders of record as of the close of business on November 22nd, 2024. We are especially proud of our history of success, having achieved monthly profits in our second month of operation, and have consistently been profitable for 506 mo

LRN Corporation Wins Best Compliance Training Initiative in Fraud and Financial Crime Category at Regulation Asia Awards

Tue, 11/05/2024 - 03:03
NEW YORK--(BUSINESS WIRE)--LRN Corporation announces its win as the Best Compliance Training Initiative/Provider at the Regulation Asia Awards for Excellence.

Mid Penn Bancorp, Inc. Announces Closing of Public Offering of Common Stock

Tue, 11/05/2024 - 03:03
HARRISBURG, Pa.--(BUSINESS WIRE)--Mid Penn Bancorp, Inc. (“Mid Penn” or the “Company”) (NASDAQ: MPB), the parent company of Mid Penn Bank, announced today that it has completed its underwritten public offering of 2,375,000 shares of common stock at a price of $29.50 per share. The aggregate gross proceeds of the offering were $70 million. The net proceeds of the offering after deducting the underwriting discount and other estimated offering expenses are expected to be approximately $67 million.

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