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American Savings Bank Reports Third Quarter 2024 Financial Results

Lastest from Businesswire - Wed, 10/30/2024 - 18:59
HONOLULU--(BUSINESS WIRE)--American Savings Bank Reports Third Quarter 2024 Financial Results

The Law Offices of Frank R. Cruz Announces Investigation of Unisys Corporation (UIS) on Behalf of Investors

Lastest from Businesswire - Wed, 10/30/2024 - 18:59
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Unisys Corporation (“Unisys” or the “Company”) (NYSE:UIS) 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 October 22, 2024, the Securities and Exchange Commission announced that it had charged Unisys for “materially misleading statements . . . negligently made regarding cybersecuri

TMDX INVESTIGATION ALERT: Robbins Geller Rudman & Dowd LLP Announces Investigation into TransMedics Group, Inc. and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm

Lastest from Businesswire - Wed, 10/30/2024 - 18:59
SAN DIEGO--(BUSINESS WIRE)--Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving TransMedics Group, Inc. (NASDAQ: TMDX) focused on whether the company and certain of its top executives made false and/or misleading statements and/or failed to disclose material information to investors. If you have information that could assist in the TransMedics investigation or if you are a TransMedics investor who suffered a loss and would like to

AM Best Affirms Credit Ratings of Tanzania Reinsurance Company Ltd.

Lastest from Businesswire - Wed, 10/30/2024 - 18:59
LONDON--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” (Fair) of Tanzania Reinsurance Company Ltd. (TAN RE) (Tanzania). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect TAN RE’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and marginal enterprise risk management. TAN RE’s balance sheet strength is und

HubSpot Completes Acquisition of B2B Billing Management and CPQ Solution, Cacheflow

Lastest from Businesswire - Wed, 10/30/2024 - 18:59
CAMBRIDGE, Mass.--(BUSINESS WIRE)--HubSpot announced today that it has successfully finalized its acquisition of B2B billing management and CPQ solution, Cacheflow.

Redwood Trust Announces New Hires to Drive Advancements in Technology and Growing Non-Agency Opportunities

Lastest from Businesswire - Wed, 10/30/2024 - 18:59
MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, is excited to announce the hiring of two key leaders to strengthen its commitment to innovation in technology and product development, strategic initiatives that are central to Redwood’s mission of making quality housing – whether rented or owned – accessible to all American households. Abhinav Asthana joins the company as Chief T

TFS Financial Corporation Announces Fourth Quarter and 2024 Fiscal Year Results

Lastest from Businesswire - Wed, 10/30/2024 - 18:59
CLEVELAND--(BUSINESS WIRE)--TFS Financial Corporation (NASDAQ: TFSL) (the "Company", "we", "our"), the holding company for Third Federal Savings and Loan Association of Cleveland (the "Association"), today announced results for the quarter and fiscal year ended September 30, 2024. “During the year, Third Federal capitalized on the strong growth in our home equity products, and earnings increased approximately 6% in 2024 from the prior year, to almost $80 million,” said Chairman and CEO Marc A.

MetLife CFO John McCallion Provides Third Quarter 2024 Financial Update Video

Lastest from Businesswire - Wed, 10/30/2024 - 18:59
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced that John McCallion, executive vice president and chief financial officer, MetLife, Inc., and head of MetLife Investment Management, has provided a third quarter 2024 financial update video. The video can be viewed on the company's website at https://www.metlife.com/about-us/newsroom/#video. About MetLife MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates (“MetLife”), is one of the world’s leading financial ser

Camping World Announces Commencement of Proposed Offering of Class A Common Stock

Lastest from Businesswire - Wed, 10/30/2024 - 18:59
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Camping World Holdings, Inc. (NYSE:CWH) (“Camping World” or the “Company”) announced today a proposed offering of $300.0 million of its Class A common stock (the “Class A Common Stock”) pursuant to a registration statement filed on Form S-3 with the Securities and Exchange Commission (the “SEC”). Additionally, the Company intends to grant the underwriters a 30-day option to purchase up to an additional $45.0 million of Class A Common Stock. The proceeds of t

American Water Reports Strong Third Quarter 2024 Results; Affirms Long-Term Targets and 2024 EPS Guidance; Announces 2025 EPS Guidance, Reflecting Growth of 8%

Lastest from Businesswire - Wed, 10/30/2024 - 18:59
CAMDEN, N.J.--(BUSINESS WIRE)--American Water Works Company, Inc. (NYSE: AWK), a large cap value company, today reported results for the quarter ended September 30, 2024, of $1.80 per share, compared to $1.66 per share for the same quarter in 2023, and $4.17 per share for the year-to-date period ended September 30, 2024, compared to $4.03 per share for the same period in 2023. “The company has delivered strong results to date in 2024, including key regulatory outcomes that set a good foundation

D.A. Davidson Acts as Financial Advisor to EverLine Coatings and Services on Its Strategic Investment from Red Iron Group

Lastest from Businesswire - Wed, 10/30/2024 - 18:59
IRVINE, Calif.--(BUSINESS WIRE)--D.A. Davidson & Co. announced today that it served as exclusive financial advisor to EverLine Coatings and Services (“EverLine” or the “Company”), a leading commercial, asset-light services franchisor, on its strategic investment from Red Iron Group (“Red Iron”). EverLine Founder & CEO, John Evans, will continue to lead the Company through his ownership of the business. Based in Calgary, Canada, with U.S. headquarters in Houston, TX, EverLine offers vari

First BanCorp Declares Quarterly Cash Dividend on Common Stock

Lastest from Businesswire - Wed, 10/30/2024 - 18:59
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp. (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that its Board of Directors has declared a quarterly cash dividend of $0.16 per share on its outstanding common stock. The dividend is payable on December 13, 2024 to shareholders of record at the close of business on November 29, 2024. About First BanCorp. First BanCorp. is the parent corporation of FirstBank Puerto Rico, a state-chartered

Prudential Financial, Inc. Announces Third Quarter 2024 Results

Lastest from Businesswire - Wed, 10/30/2024 - 18:59
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) today reported third quarter results. Net income attributable to Prudential Financial, Inc. was $448 million ($1.24 per Common share) for the third quarter of 2024, compared to a net loss of $802 million ($2.23 per Common share) for the third quarter of 2023. After-tax adjusted operating income was $1.260 billion ($3.48 per Common share) for the third quarter of 2024, compared to $1.332 billion ($3.62 per Common share) for th

Houlihan Lokey Acquires PSL

Lastest from Businesswire - Wed, 10/30/2024 - 18:59
LONDON--(BUSINESS WIRE)--Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, has acquired Prytania Solutions Ltd. (PSL), a leading provider of technology-driven valuation and analytic services, as it continues to strengthen its market-leading Financial and Valuation Advisory business and offer clients a differentiated experience using data-driven deliverables. The acquisition connects PSL’s advanced machine learning technology and market-leading tools with Houlihan Lokey’s structured p

Redwood Trust Reports Third Quarter 2024 Financial Results

Lastest from Businesswire - Wed, 10/30/2024 - 18:59
MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE:RWT; "Redwood", the "Company"), a leader in expanding access to housing for homebuyers and renters, today reported its financial results for the quarter ended September 30, 2024. Key Q3 2024 Financial Results and Metrics GAAP book value per common share was $8.74 at September 30, 2024, relative to $8.73 per share at June 30, 2024 Economic return on book value of 2.1% for the third quarter and 6.8% year to date 2024(1) GAAP net inco

Third Century Bancorp Releases Earnings for the Quarter Ended September 30, 2024

Lastest from Businesswire - Wed, 10/30/2024 - 18:59
FRANKLIN, Ind.--(BUSINESS WIRE)--OTCPINK: TDCB - Third Century Bancorp (“Company”), the holding company for Mutual Savings Bank (“Bank”), announced it recorded unaudited net income of $262,000 for the quarter ended September 30, 2024, or $0.22 per basic and diluted share, compared to net income of $271,000 for the quarter ended September 30, 2023, or $0.23 per basic and diluted share. “Our Third Century Bancorp financial performance for 2024 is on track with where we planned. We anticipated con

Lazard Announces Redemption of 3.750% Senior Notes Due February 13, 2025 Issued by Lazard Group LLC

Lastest from Businesswire - Wed, 10/30/2024 - 18:59
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) announced today that its subsidiary Lazard Group LLC (“Lazard Group”) will redeem all of the issued and outstanding 3.750% Senior Notes due February 13, 2025 (the “Notes”) on December 12, 2024 (the “Redemption Date”). The Notes were issued pursuant to the Indenture, dated as of May 10, 2005 (as amended, the “Indenture”), between Lazard Group and The Bank of New York Mellon, as trustee, and have an aggregate principal amount outstanding of $164

Houlihan Lokey Reports Second Quarter Fiscal 2025 Financial Results

Lastest from Businesswire - Wed, 10/30/2024 - 18:59
LOS ANGELES & NEW YORK--(BUSINESS WIRE)--Houlihan Lokey, Inc. (NYSE:HLI) (“Houlihan Lokey” or the “Company”) today reported financial results for its second quarter ended September 30, 2024. For the second quarter ended September 30, 2024, revenues were $575 million, compared with $467 million for the second quarter ended September 30, 2023. Net income was $94 million, or $1.37 per diluted share, for the second quarter ended September 30, 2024, compared with $67 million, or $0.99 per diluted sh

Equity Residential Reports Third Quarter 2024 Results

Lastest from Businesswire - Wed, 10/30/2024 - 18:59
CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today reported results for the quarter and nine months ended September 30, 2024 and has posted a Q3 2024 Management Presentation to its website as referenced below. Third Quarter 2024 Results All per share results are reported as available to common shares/units on a diluted basis.                                     Quarter Ended September 30,           2024   2023   $ Change   % Change     Earnings Per Share (EPS)   $ 0.38     $ 0.45  

Everest Reports Third Quarter 2024 Results

Lastest from Businesswire - Wed, 10/30/2024 - 18:59
HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Group, Ltd. (NYSE: EG), a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, today reported its third quarter 2024 results. Third Quarter 2024 Highlights Total Shareholder Return of 19.4% annualized; Annualized year-to-date 17.8% Net Income ROE and 18.7% Net Operating Income ROE Net Income of $509 million; Net Operating Income of $630 million driven by attritional underwriting marg

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