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SelectQuote Completes First Phase of Recapitalization with $100 Million Securitization
OVERLAND PARK, Kan.--(BUSINESS WIRE)--SelectQuote, Inc. (NYSE: SLQT), a leading distributor of Medicare insurance policies and owner of a rapidly-growing Healthcare Services platform, today announced the completion of a $100 million securitization transaction on October 15, 2024. Securitization provides advanced financing against the Company’s expected collections for policies previously sold. The Company’s receivables totaled approximately $1 billion as of June 30, 2024, and only a portion of
Paymentus to Report Third Quarter 2024 Earnings Results and Host Webcast on November 12, 2024
CHARLOTTE, N.C.--(BUSINESS WIRE)--Paymentus Holdings, Inc. (“Paymentus”) (NYSE: PAY), a leading provider of cloud-based bill payment technology solutions, will announce its third quarter 2024 financial results after the market close on Tuesday, November 12, 2024. The Company will discuss the results in a live webcast at 5 p.m. Eastern Time on November 12, 2024. Event: Paymentus Third Quarter 2024 Earnings Conference Call Date: Tuesday, November 12, 2024 Time: 5:00 p.m. Eastern Time Live C
Corpay to Announce Third Quarter 2024 Results on November 7, 2024
ATLANTA--(BUSINESS WIRE)--Corpay, Inc., (NYSE: CPAY) a global corporate payments company, today announced that the Company will host a conference call to discuss third quarter 2024 financial results on Thursday, November 7, 2024 at 5:00 pm ET. Hosting the call will be Ron Clarke, Chief Executive Officer, Tom Panther, Chief Financial Officer and Jim Eglseder, Investor Relations. A press release with third quarter financial results will be issued after the market close that same day. The call wil
Banner Corporation Reports Net Income of $45.2 Million, or $1.30 Per Diluted Share, for Third Quarter 2024; Declares Quarterly Cash Dividend of $0.48 Per Share
WALLA WALLA, Wash.--(BUSINESS WIRE)--Banner Corporation (NASDAQ: BANR) (“Banner”), the parent company of Banner Bank, today reported net income of $45.2 million, or $1.30 per diluted share, for the third quarter of 2024, compared to $39.8 million, or $1.15 per diluted share, for the preceding quarter and $45.9 million, or $1.33 per diluted share, for the third quarter of 2023. Net interest income was $135.7 million in the third quarter of 2024, compared to $132.5 million in the preceding quarte
Credit Union Wealth Group Launches Managed Direct Bond Investments for Member Portfolios
CHICAGO--(BUSINESS WIRE)-- #banking--Credit Union Wealth Group Expands Fixed Income Investment Options for Members with Launch of Managed Direct Bond Investments
Virtus Introduces Virtus KAR Mid-Cap ETF
NEW YORK--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NYSE: VRTS) has expanded its offerings of distinctive, actively managed exchange-traded funds with the introduction of the Virtus KAR Mid-Cap ETF, (NYSE: KMID), the first ETF strategy managed by Kayne Anderson Rudnick (KAR). The Virtus KAR Mid-Cap ETF is an actively managed, concentrated portfolio consisting of 25-35 high-quality mid-cap stocks, selected using KAR’s disciplined and rigorous business-analyst approach to fundamental res
Frank and Donna Martell Honored with Marine Corps Scholarship Foundation’s Globe and Anchor Award
IRVINE, Calif.--(BUSINESS WIRE)-- #TeamloanDepot--In a continuation of loanDepot’s long history of supporting veterans and serving the communities in which its team works and lives, loanDepot President and CEO Frank Martell and his wife Donna were honored this weekend with the Marine Corps Scholarship Foundation’s prestigious Globe and Anchor Award for their dedication to educating the children of Marines and Navy Corpsmen. The couple was presented with the award during the organization’s annual West Coast Camp
Institutional Property Advisors Brokers $92.5 Million Multifamily Sale in L.A.’s NoHo Arts District
LOS ANGELES--(BUSINESS WIRE)-- #apartmentbrokers--Institutional Property Advisors Brokers $92.5 Million Multifamily Sale in L.A.’s NoHo Arts District
Eldridge Industries Enters Agreement with Blue Owl to Bring Innovative Liquidity Solution to GP Stakes Industry
NEW YORK--(BUSINESS WIRE)--Eldridge Industries today announced the acquisition of a 10% interest from Blue Owl GP Stakes Fund III. This innovative structure provides liquidity and unlocks value for Blue Owl GP Stakes Fund III investors while establishing Eldridge Industries as a leading provider of GP solutions. Terms of the transaction were not disclosed. Blue Owl GP Stakes Fund III is a passive minority investment vehicle that holds stakes in industry-leading private equity firms. The fund pr
Federman & Sherwood Investigates Easterseals Central Illinois (“Easterseals”) for Data Breach
OKLAHOMA CITY--(BUSINESS WIRE)-- #FedermanSherwood--Federman & Sherwood Investigates Easterseals Central Illinois (“Easterseals”) for Data Breach
EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit on Behalf of Acadia Healthcare Company, Inc. Investors – ACHC
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Acadia Healthcare Company, Inc. (NASDAQ: ACHC) between February 28, 2020 and September 26, 2024, both dates inclusive (the “Class Period”). The lawsuit seeks to recover damages for Acadia Healthcare investors under the federal securities laws. To join the Acadia Healthcare class action, go to https://rosenlegal.com/submit-form/?
Federman & Sherwood Investigates Varsity Brands, LLC for Data Breach
OKLAHOMA CITY--(BUSINESS WIRE)-- #FedermanSherwood--Federman & Sherwood Investigates Varsity Brands, LLC for Data Breach
MG Insurance Services Merges with Inszone Insurance Services, Enhancing Protection for Contractors in the Bay Area
SACRAMENTO, Calif.--(BUSINESS WIRE)-- #agencyacquisition--Inszone Insurance Services, a rapidly growing national provider of commercial, personal, and benefits insurance, is pleased to announce its acquisition of MG Insurance Services, a well-established agency with a deep history in personal lines and contractor insurance. Founded in May 1988 by Michael Gondoli, MG Insurance Services began as a non-standard auto insurance provider, catering to clients with challenging driving histories. Michael, who had previously
BancPlus Corporation Announces Quarterly Cash Dividend
RIDGELAND, Miss.--(BUSINESS WIRE)--BancPlus Corporation, the holding company for BankPlus, today announced that on October 15, 2024, its Board of Directors declared a quarterly cash dividend of $0.47 per share of its common stock. The cash dividend is equivalent to an annualized dividend of $1.88 per share. The cash dividend will be paid on December 13, 2024, to shareholders of record as of the close of business on November 15, 2024. About BancPlus Corporation BancPlus Corporation is the holdin
Parallax Launches New Timesheet Solution to Enhance Strategic Resource Planning
EDINA, Minn.--(BUSINESS WIRE)--Parallax, a strategic resource management and forecasting solution, is excited to announce the launch of its new timesheet solution, designed to simplify time tracking and bring strategic foresight into resource management. Built in response to the growing number of customers seeking Parallax's total value, Parallax Timesheets aligns resource planning with long-term organizational goals while providing a streamlined, user-friendly approach to time tracking. The ne
Everen Specialty Limited Announces Retirement of Jerry Rivers
HAMILTON, Bermuda--(BUSINESS WIRE)--Everen Specialty Limited announced today that Jerry Rivers, Senior Vice President, and Chief Operating Officer, will retire on March 31, 2025. John Talarico, Everen Specialty’s Chair, stated, “On behalf of the Board of Directors, the management team, and all of Everen Specialty’s employees, I want to thank Jerry for his dedicated service over the past 19 years.” Robert Foskey, President and Chief Executive Officer, remarked, “Since Jerry joined the organizati
AM Best Affirms Credit Ratings of R.V.I. Guaranty Co., Ltd. and R.V.I. America Insurance Company
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of R.V.I. Guaranty Co., Ltd. (RVI Guaranty) (Bermuda) and its subsidiary, R.V.I. America Insurance Company (RVI America) (Delaware) (collectively known as RVI). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect RVI’s balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating
KBRA Assigns Preliminary Ratings to OBX 2024-NQM15 Trust
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to seven classes of mortgage-backed notes from OBX 2024-NQM15 Trust, a $635.8 million non-prime RMBS transaction. The underlying collateral, comprising 1,285 residential mortgages, is characterized by a notable concentration of alternative income documentation (88.8%) loans. Most of the loans are classified as non-qualified mortgages (Non-QM) (51.2%) or exempt (47.6%) from the Ability-to-Repay/Qualified Mortgage (ATR/QM) rule due to be
Churchill Stateside Group Appoints Alex Stillpass as VP of Investor Relations, Churchill Stateside Securities
CLEARWATER, Fla.--(BUSINESS WIRE)--Churchill Stateside Group, LLC (CSG), a real estate and renewable energy financial services company, is pleased to welcome Alex Stillpass as our newest Vice President of Investor Relations at Churchill Stateside Securities, LLC. With over 35 years of financial industry experience, Alex possesses the necessary skills to foster relationships and focus on educating investors in regards to tax credit and tax advantaged investing. His knowledge of Renewable Energy
William Blair Bolsters Cybersecurity Investment Banking With Senior Hire
CHICAGO--(BUSINESS WIRE)--William Blair Bolsters Cybersecurity Investment Banking With Senior Hire