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Real Estate Agent Commissions Hold Steady Since New Industry Rules Were Implemented, Redfin Reports
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) Commissions paid to real estate agents representing buyers have remained essentially unchanged since new rules on commissions went into effect on August 17, according to a new analysis from Redfin, the technology-powered real estate brokerage. The average buyer’s agent commission for homes sold in October was 2.34%, ticking down just one basis point from 2.35% for homes sold in August, when the new changes took effect. That’s down from an average of 2.45
CW Bancorp Reports Q3 2024 ROA 1.11% and ROTE of 15.64%
IRVINE, Calif.--(BUSINESS WIRE)-- #businessbanking--CW Bancorp (OTCQX: CWBK), the parent company (“the Company”) of CommerceWest Bank (the “Bank”) reported consolidated net income for the third quarter of 2024 of $3,131,000 or $1.03 per diluted share as compared to $5,234,000 or $1.61 per diluted share for the third quarter of 2023, an EPS decrease of 36% and net income for the nine months ended September 30, 2024 of $9,208,000 or $2.99 per diluted share as compared to $14,066,000 or $4.26 per diluted share for t
Fiserv Furthers Investment in Small Business Success, Unveiling All-in-One Clover Solutions for Restaurants, Retailers and Service Businesses
MILWAUKEE--(BUSINESS WIRE)--Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology solutions, is empowering small business growth through an enhanced suite of industry-specific solutions from Clover. Built with small business owners in mind, these 'all-in-one' solutions combine flexible hardware with software that addresses the unique needs of individual businesses, providing restaurants, retailers, and service-based businesses with the vertical-specifi
Prometheum Hires Jon Brubaker as Head of Communications
NEW YORK--(BUSINESS WIRE)--Prometheum Inc., the leading market infrastructure provider for digital asset securities, today announced it has appointed Jon Brubaker as Head of Communications. Brubaker will oversee an integrated communications strategy for Prometheum Inc. and its subsidiary broker-dealers, Prometheum ATS and Prometheum Capital, focused on deepening engagement with key stakeholders. “So much of our job is to build an audience and convey the value of integrating financial markets wi
Bloomreach Becomes First Marketing Automation Platform to Launch Rich Communication Services, Ushering in a New Era of Mobile Engagement for Marketers
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- #AI--Bloomreach announces the next generation of SMS marketing with the launch of Rich Communication Services, delivering richer and engaging experiences.
Charles River Associates (CRA) Reports Financial Results for the Third Quarter of 2024
BOSTON--(BUSINESS WIRE)--Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial and management consulting services, today announced financial results for the fiscal third quarter ended September 28, 2024. “Continued momentum in the business and demand for our services drove CRA’s quarterly revenue to $167.7 million, representing 13.7% year-over-year growth and the highest third-quarter revenue in the Company’s history,” said Paul Maleh, CRA’s President and
HF Sinclair Corporation Reports 2024 Third Quarter Results and Announces Regular Cash Dividend
DALLAS--(BUSINESS WIRE)--HF Sinclair Corporation (NYSE: DINO) (“HF Sinclair” or the “Company”) today reported third quarter Net loss attributable to HF Sinclair stockholders of $(75.9) million, or $(0.40) per diluted share, for the quarter ended September 30, 2024, compared to $790.9 million, or $4.23 per diluted share, for the quarter ended September 30, 2023. Excluding the adjustments shown in the accompanying earnings release table, adjusted net income attributable to HF Sinclair stockholder
Compass Pathways Announces Third Quarter 2024 Financial Results and Business Updates
LONDON & NEW YORK--(BUSINESS WIRE)---- $CMPS #Biotech--Compass Pathways plc (Nasdaq: CMPS) (“Compass”), a biotechnology company dedicated to accelerating access to evidence-based innovation in mental health, today reported its financial results for the third quarter 2024 and an update on recent business progress. “Ensuring the success of our lead COMP360 program is our absolute priority. We remain confident that COMP360 can be an effective therapy for patients with serious mental illness and our focus on deliveri
Lazard Reports Third-Quarter and Nine-Month 2024 Results
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today reported net revenue of $785 million and adjusted net revenue1 of $646 million for the quarter ended September 30, 2024. For the first nine months of 2024, Lazard reported net revenue of $2,235 million and adjusted net revenue1 of $2,077 million. On a U.S. GAAP basis, Lazard reported third-quarter 2024 net income of $108 million or $1.02 per share, diluted. For the first nine months of 2024, net income was $194 million or $1.88 per share
Lincoln Financial Reports 2024 Third Quarter Results
RADNOR, Pa.--(BUSINESS WIRE)--Lincoln Financial (NYSE: LNC) today reported financial results for the third quarter ended September 30, 2024. Net income (loss) available to common stockholders was $(562) million, or $(3.29) per diluted share. Adjusted operating income (loss) available to common stockholders was $358 million, or $2.06 per diluted share. The primary differences between net income (loss) and adjusted operating income (loss) resulted from the following factors: $(446) million of the
DriveWealth Advances Global Expansion Plans with European Brokerage License from Bank of Lithuania
NEW YORK--(BUSINESS WIRE)--DriveWealth, a leading financial technology platform providing Brokerage-as-a-Service, today announced that the Bank of Lithuania, the central bank of the Republic of Lithuania, granted it a brokerage license in Europe. This license accelerates DriveWealth’s international expansion and marks its third region with regulatory status, including the United States, Singapore, and now the European Economic Area. DriveWealth powers modern investing experiences, including 24-
Milliman wins “Climate and sustainability consultancy of the year” in 2024 InsuranceERM Awards
SEATTLE--(BUSINESS WIRE)--Milliman was named "Climate risk consultancy of the year" by InsuranceERM
Experian: Americans Are Embracing Gen AI to Make Smart Money Moves
COSTA MESA, Calif.--(BUSINESS WIRE)--New Experian® research released today highlights a strong interest among U.S. consumers in using generative AI for personal financial management.
Infobip recognized as RCS Business Messaging Leader by Juniper Research
VODNJAN, Croatia--(BUSINESS WIRE)--Global cloud communications platform Infobip has been named number one among Established Leaders in RCS Business Messaging by analyst firm Juniper Research. In Juniper Research’s RCS Business Messaging Competitor Leaderboard 2024, Infobip has been recognized for its superior product and positioning, and enhanced capacity and capability. Juniper Research scores vendors on a range of factors including but not limited to their geographical reach, depth of partner
Crescent European Specialty Lending Leads Financing for the Acquisition of Independent Governance Group by ECI Partners
LONDON & LOS ANGELES--(BUSINESS WIRE)--Crescent Capital Group LP, a leading alternative credit investment firm, announced today that its European Specialty Lending strategy led the financing in support of the acquisition of Independent Governance Group (IGG), a leading provider of professional trustee, governance and secretarial services to the UK pension sector, by ECI Partners, the UK-based mid-market private equity firm. IGG was founded in February 2023 following the merger of two long-estab
BeautyMatter Announces Song Candy Media as NEXT 2024 Award Winner: Best Social Media & Influencer Agency
LOS ANGELES--(BUSINESS WIRE)-- #agencyawards--Song Candy Media is proud to announce that we have won Best Social Media + Influencer Agency in the 2024 BeautyMatter NEXT Awards. This prestigious recognition underscores our commitment to innovation, creativity, and leadership in the beauty industry, setting us apart as one of the leading forces shaping the future of beauty. "This recognition is a testament to our belief that the most impactful content isn’t just broadcasted but engages and connects with people o
AlbaCore appoints European Credit Veteran Luke Gillam as Head of Senior Direct Lending
LONDON--(BUSINESS WIRE)--European credit specialist, AlbaCore Capital Group, is pleased to announce the appointment of Luke Gillam as Partner, Head of Senior Direct Lending.
Deepfake Fraud Costs the Financial Sector an Average of $600,000 for Each Company, Regula’s Survey Reveals
RESTON, Va.--(BUSINESS WIRE)-- #deepfakes--Regula, a global developer of forensic devices and identity verification solutions, reveals new survey findings, “The Deepfake Trends 2024.” The stats highlight the financial impact deepfake fraud has on businesses across industries and countries. While the average loss for most organizations reached $450,000, the Financial Services sector experienced a greater burden, exceeding $603,000. Losses of up to $450,000 appeared to be a reality for 92% of surveyed busines
Primerica Household Budget Index: Purchasing Power for Middle-Income Families Rose for the Fifth Consecutive Month as Gas Prices Sharply Declined
DULUTH, Ga.--(BUSINESS WIRE)--Primerica, Inc. (NYSE: PRI), a leading provider of financial services and products in the United States and Canada, announced today the release of the Primerica Household Budget Index™ (HBI™), a monthly index illustrating the purchasing power of middle-income households with income between $30,000 and $130,000. In September 2024, the average purchasing power for middle-income families was 102.7%, up from 102.1% in August 2024. This marks the fifth consecutive month
Camping World Announces Pricing of Offering of Class A Common Stock
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Camping World Holdings, Inc. (NYSE:CWH) (“Camping World” or the “Company”) announced today the pricing of an underwritten public offering of 14,634,146 shares of its Class A common stock (the “Class A Common Stock”) at a public offering price of $20.50 per share pursuant to a registration statement filed on Form S-3 with the Securities and Exchange Commission (the “SEC”). Additionally, the Company has granted the underwriters a 30-day option to purchase up t