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Ellington Financial Inc. Completes Non-QM Securitization

Lastest from Businesswire - Thu, 10/03/2024 - 18:40
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced the closing of a $288 million securitization backed by a pool of non-qualified residential mortgage (“non-QM”) loans. Ellington Financial contributed approximately 83% of the loans included in the securitization, with the remainder contributed by funds managed by Ellington Management Group, L.L.C. The debt tranches issued in the securitization were rated by S&P, with the senior-most t

KBRA Assigns a Rating to Series B Mandatory Redeemable Preferred Shares and Affirms Ratings of the Senior Notes Issued by abrdn Asia-Pacific Income Fund, Inc. (FAX)

Lastest from Businesswire - Thu, 10/03/2024 - 18:40
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a 'AA-' rating to Series B Mandatory Redeemable Preferred Shares (“MRPS”) issued by abrdn Asia-Pacific Income Fund, Inc. (NYSE: FAX) (“FAX” or the “Fund”). Additionally, KBRA affirms the rating assigned to Series C, D and E Senior Notes. The Outlook on all ratings is Stable. The ratings continue to be supported by the asset coverage, the credit quality and liquidity of the underlying assets, and the management experience of the Fund's investment adviser,

Reinsurance Group of America Announces Third Quarter Earnings Release Date, Webcast

Lastest from Businesswire - Thu, 10/03/2024 - 18:40
ST. LOUIS--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE:RGA) plans to release third quarter earnings on Thursday, October 31, at approximately 4:15 p.m. Eastern Time. The release will be issued via newswire and will also be available through RGA’s website, www.rgare.com. RGA will host a conference call to discuss the third quarter results beginning at 10 a.m. Eastern Time on Friday, November 1. Interested parties may access the call by dialing 1-844-481-2753 (412-317-0669 i

RenaissanceRe Schedules Third Quarter 2024 Financial Results Conference Call

Lastest from Businesswire - Thu, 10/03/2024 - 18:40
PEMBROKE, Bermuda--(BUSINESS WIRE)--RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) will conduct an investment community conference call on Thursday, November 7, 2024, at 10:00 a.m. ET to discuss its financial results for the third quarter of 2024, as well as the Company’s outlook. RenaissanceRe will release its results following the close of market on Wednesday, November 6, 2024. A live webcast of the conference call will be available through the Investors section of

MetLife to Hold Conference Call for Third Quarter 2024 Results

Lastest from Businesswire - Thu, 10/03/2024 - 18:40
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced that it will hold its third quarter 2024 earnings conference call on Thursday, October 31, 2024, from 9-10 a.m. (ET). The call will follow MetLife’s issuance of its third quarter 2024 earnings news release and Third Quarter 2024 Financial Supplement on Wednesday, October 30, 2024, after the market closes. The news release and Third Quarter 2024 Financial Supplement will also be available on the MetLife Investor Relations webpa

Verde Clean Fuels, Inc. Announces Appointment of Chief Financial Officer

Lastest from Businesswire - Thu, 10/03/2024 - 18:40
HOUSTON--(BUSINESS WIRE)--Verde Clean Fuels, Inc. (“Verde” or “the Company”) (NASDAQ: VGAS) announces the appointment of George Burdette as Chief Financial Officer ("CFO"). “We are pleased to announce the appointment of George Burdette as CFO. George brings a wealth of experience and expertise in all aspects of finance and will be instrumental as we advance our plans to deploy our proprietary liquid fuels processing technology through the development of commercial production plants," said Ernie

TD Announces $500,000 in Contributions to Aid Hurricane Helene Relief and Recovery

Lastest from Businesswire - Thu, 10/03/2024 - 18:40
CHERRY HILL, N.J.--(BUSINESS WIRE)--TD announces $500,000 in contributions to Helene recovery efforts in FL, NC and SC.

Visa to Announce Fiscal Fourth Quarter and Full Year 2024 Financial Results on October 29, 2024

Lastest from Businesswire - Thu, 10/03/2024 - 18:40
SAN FRANCISCO--(BUSINESS WIRE)--Visa (NYSE: V) will report its fiscal fourth quarter and full year 2024 financial results on Tuesday, October 29, 2024. After market close, Visa will furnish the results with the Securities and Exchange Commission and post them, along with accompanying financial information, on the Visa Investor Relations website. Visa will issue a news wire alert when the earnings materials are publicly available, including a link to those documents. Visa’s executive management

Amundi US Declares Monthly Distributions for the Pioneer Closed-End Funds

Lastest from Businesswire - Thu, 10/03/2024 - 18:40
BOSTON--(BUSINESS WIRE)--Amundi US today announced the declaration of dividends for six Pioneer closed-end funds for October 2024. Ex-Date: October 18, 2024 Record Date: October 18, 2024 Payable: October 31, 2024 Ticker Taxable Funds Distribution Per Share Change From Previous Month HNW Pioneer Diversified High Income Fund, Inc. $0.0975 - PHD Pioneer Floating Rate Fund, Inc. $0.09251 - PHT Pioneer High Income Fund, Inc. $0.0550 - Ticker Tax-Exempt Funds   Distribution Per Share Change From Prev

Zeta Live 2024 Attendance Doubles Year-Over-Year as Business Leaders Embrace AI to Unlock the Future of Marketing

Lastest from Businesswire - Thu, 10/03/2024 - 18:40
NEW YORK--(BUSINESS WIRE)--Zeta Global (NYSE: ZETA), the AI-Powered Marketing Cloud, today announced that in its fourth year, Zeta Live 2024 achieved record attendance with over 1,100 in-person attendees and more than 16,000 virtual registrations, growing 100% year-over-year. The annual event took place in NYC on Thursday, September 26 by invitation only at Center 415, and offered a livestream option for attendees globally. The full-day event can be watched on-demand here. The growing interest

Lincoln Financial to Report 2024 Third Quarter Results on October 31

Lastest from Businesswire - Thu, 10/03/2024 - 18:40
RADNOR, Pa.--(BUSINESS WIRE)--Lincoln Financial (NYSE:LNC) announced today that it will report its results for the third quarter ended September 30, 2024 at 6:00 a.m. Eastern Time on Thursday, October 31, 2024. A conference call is scheduled for 8:00 a.m. Eastern Time on the same day. Earnings materials, including the 2024 third quarter Earnings Release, Earnings Supplement, and Statistical Supplement, will be available on the company’s Investor Relations web page at www.lincolnfinancial.com/in

Kinsale Capital Group Announces New Board Member

Lastest from Businesswire - Thu, 10/03/2024 - 18:40
RICHMOND, Va.--(BUSINESS WIRE)--Kinsale Capital Group Announces New Board Member

First Interstate BancSystem, Inc. Announces Third Quarter Earnings Release and Conference Call

Lastest from Businesswire - Thu, 10/03/2024 - 18:40
BILLINGS, Mont.--(BUSINESS WIRE)--First Interstate BancSystem, Inc. (NASDAQ: FIBK), parent company of First Interstate Bank, will report third quarter results after the market closes on Thursday, October 24, 2024. A conference call for investors is scheduled for Friday, October 25, 2024 at 11 a.m. Eastern (9 a.m. Mountain), during which the Company will discuss quarterly results. There will be a question-and-answer session following the presentation. The conference call will be accessible by te

HRB Brands Acquired by Sodalis Group

Lastest from Businesswire - Thu, 10/03/2024 - 18:40
WESTPORT, Conn.--(BUSINESS WIRE)--Tengram Capital Partners, a middle-market private equity firm, announced today the sale of HRB Brands (“HRB”) to Sodalis Group (“Sodalis”), a European-based beauty and personal care platform. HRB is a leading hair care and skin cleansing business comprised of twenty iconic and well-known brands including Alberto VO5®, Zest®, Coast®, Brut®, Pert®, Sure®, Zero Frizz®, Rave®, SGX NYC®, and Thicker Fuller Hair®, among others. HRB’s brands are present in over 30 mil

Brown Brothers Harriman Strengthens Commitment to Family Businesses with Strategic Hire

Lastest from Businesswire - Thu, 10/03/2024 - 15:39
PHILADELPHIA--(BUSINESS WIRE)--Brown Brothers Harriman & Co. (BBH) is pleased to announce the appointment of Michael N. McGrann as Managing Director in the firm’s Center for Family Business, based in the Philadelphia office. In this role, Mike will help private business owners navigate issues at the intersection of family and business. “Mike has a wealth of experience advising some of the largest business-owning families and family offices across the globe. His reputation amongst them is st

AM Best Places Credit Ratings of Badger Mutual Insurance Company Under Review With Positive Implications

Lastest from Businesswire - Thu, 10/03/2024 - 15:39
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has placed under review with positive implications the Financial Strength Rating of C++ (Marginal) and the Long-Term Issuer Credit Rating of “b+” (Marginal) of Badger Mutual Insurance Company (Badger) (Milwaukee, WI). The Credit Ratings (ratings) have been placed under review with positive implications following the announcement that Badger and Rural Mutual Insurance Company (Rural) have entered into an affiliation agreement. The new relationship is expec

AM Best Places Credit Ratings of Rural Mutual Insurance Company Under Review With Negative Implications

Lastest from Businesswire - Thu, 10/03/2024 - 15:39
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has placed under review with negative implications the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” (Superior) of Rural Mutual Insurance Company (Rural) (Madison, WI). The Credit Ratings (ratings) have been placed under review with negative implications following Rural’s recent announcement that it has signed a definitive agreement to affiliate with Badger Mutual Insurance Company (Badger). The affiliation wil

AM Best Affirms Credit Ratings of Globe Life Inc. and Its Subsidiaries

Lastest from Businesswire - Thu, 10/03/2024 - 15:39
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of the key life/health subsidiaries of Globe Life Inc. (Globe Life) (headquartered in McKinney, TX) [NYSE: GL]. Concurrently, AM Best has affirmed the Long-Term ICR of “bbb+” (Good) of Globe Life. AM Best also has affirmed the Short- and Long-Term Issue Credit Ratings (Short-Term IR; Long-Term IR) on the debt and th

Managed Direct Response's Impressive Growth Fueled by Strong References and Referrals

Lastest from Businesswire - Thu, 10/03/2024 - 15:39
IRVINE, Calif.--(BUSINESS WIRE)--Managed Direct Response, a leading provider of comprehensive marketing solutions, is thrilled to announce significant business growth driven by our satisfied clients' unwavering support and trust. Managed Direct Response has witnessed a remarkable increase in references and referrals by prioritizing exceptional service and delivering outstanding results, further solidifying our position as an industry leader. Managed Direct Response has built a reputation for ex

Atlas West CEO Highlights ADU Program as a National Model at Inaugural Industry Forum

Lastest from Businesswire - Thu, 10/03/2024 - 15:39
SAN DIEGO--(BUSINESS WIRE)--Atlas West CEO Daniel Shkolnik recently spoke at the inaugural ADU conference attended by roughly 400 industry representatives from across Southern California. Atlas West CEO Highlights ADU Program as a National Model at Inaugural Industry Forum At the inaugural Accessory Dwelling Units (ADU) Forum held in Dana Point, Shkolnik emphasized the game-changing potential of San Diego’s ADU Density Bonus Program, a forward-thinking initiative that is gaining attention from

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