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Best’s Commentary: Argentina’s Economic Recovery and Insurance Segment Reform Under Pressure

Lastest from Businesswire - Fri, 10/17/2025 - 09:51
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--Despite progress on sweeping reforms to its insurance regulations, Argentina remains a volatile environment for insurers due to high inflation, currency depreciation and investment uncertainty, which pressures solvency ratios and complicates capital management, according to a new AM Best commentary. Argentina’s insurance segment is undergoing a substantial regulatory overhaul aimed at enhancing solvency, transparency and market oversight. In 2024 and 2025, the Su

AM Best Affirms Credit Ratings of Constitution Insurance Company

Lastest from Businesswire - Fri, 10/17/2025 - 09:51
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Constitution Insurance Company (Constitution) (Cambridge, NY). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Constitution’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ER

National Duals Invitational Introduces $50,000 in Team Takedown Bonuses, Adding to $1 Million Prize Pool

Lastest from Businesswire - Fri, 10/17/2025 - 09:51
OKLAHOMA CITY--(BUSINESS WIRE)--The National Duals Invitational, a groundbreaking $1 million collegiate wrestling event sponsored by Paycom, is adding another twist to its opening day with $50,000 of team takedown bonuses designed to reward aggressive starts and teamwide intensity. The marquee tournament takes place Nov. 15-16 at the BOK Center in Tulsa. Teams will compete for five separate $10,000 bonuses, awarded during each first-day session to the squad with the fastest average takedown tim

Eaton Vance Short Duration Diversified Income Fund and Eaton Vance Limited Duration Income Fund Announce Changes to Principal Investment Strategies

Lastest from Businesswire - Fri, 10/17/2025 - 09:51
BOSTON--(BUSINESS WIRE)--Eaton Vance Short Duration Diversified Income Fund (NYSE: EVG) and Eaton Vance Limited Duration Income Fund (NYSE American: EVV) (each a “Fund” and, together, the “Funds”) announced that, effective October 17, 2025, each Fund will revise its principal investment strategies to: (i) remove the Fund’s 25% minimum investment requirement in each of the Fund’s stated investment categories; (ii) remove the Fund’s current weighted average credit quality restriction; and, for EV

AM Best Affirms Credit Ratings of China Taiping Insurance (Singapore) Pte. Ltd.

Lastest from Businesswire - Fri, 10/17/2025 - 09:51
SINGAPORE--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of China Taiping Insurance (Singapore) Pte. Ltd. (CTPIS) (Singapore). The outlook of these Credit Ratings (ratings) is stable. CTPIS is a wholly owned subsidiary of China Taiping Insurance Holdings Company Limited, which is ultimately majority owned by China Taiping Insurance Group Ltd. (TPG), a China state-owned financial and insurance group.

Oregon Bancorp Announces Third Quarter Earnings

Lastest from Businesswire - Fri, 10/17/2025 - 09:51
SALEM, Ore.--(BUSINESS WIRE)--Oregon Bancorp, Inc. (OTCBB: ORBN), parent company of Willamette Valley Bank, reported third quarter 2025 net income of $1.1 million, or $0.46 per share, up from $719,000, or $0.29 per share, in the prior quarter. The Company’s return on average assets and return on average equity for the third quarter were 1.0% and 6.1%, respectively. Net interest margin improved to 3.8%, compared to 3.7% in the previous quarter. The balance sheet remained relatively consistent du

WebBank Announces Philip Gitler Named SVP – Head of Lender Finance

Lastest from Businesswire - Fri, 10/17/2025 - 09:51
SALT LAKE CITY--(BUSINESS WIRE)--WebBank is pleased to announce the appointment of Philip Gitler as Senior Vice President – Head of Lender Finance. In this capacity, Mr. Gitler will be responsible for overseeing and growing the Bank’s asset-backed lending business. Under Phil’s leadership, the Lender Finance team will focus on providing debt capital to fintech / specialty finance companies and asset-backed private credit fund managers. The team will initially specialize in asset-backed warehous

Insperity Third Quarter Earnings Conference Call Monday, November 3

Lastest from Businesswire - Fri, 10/17/2025 - 09:51
HOUSTON--(BUSINESS WIRE)--Insperity, Inc. (NYSE: NSP), a leading provider of human resources and business performance solutions for America’s best businesses, will release its third quarter earnings after the close of the New York Stock Exchange on Monday, November 3, 2025. A teleconference hosted by Insperity’s management will be held at 5:00 p.m. ET to discuss the quarter and business trends. Investors, analysts, media and other interested persons may access the call at 888-506-0062, conferen

Dialogue AI Closes $6M Seed Round to Bring Live, AI-led Customer Research to Every Team

Lastest from Businesswire - Fri, 10/17/2025 - 09:51
LOS ANGELES--(BUSINESS WIRE)--Dialogue AI, an AI-native market research platform powered by a live conversational AI interviewer and built to serve teams across the business, launched today with a $6M seed round. The round was led by Lightspeed Venture Partners, with participation from Seven Stars, Uncommon Projects, the Tornante Company (founded by Michael Eisner), and notable angels, including the CPO of Discord, former CPO of Nextdoor, and former CTO of Match Group. The $140 billion research

Providers Help U.S. Firms Bring Applications into AI Era

Lastest from Businesswire - Fri, 10/17/2025 - 09:51
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #ADM--U.S. enterprises are changing the way they carry out application development and maintenance as AI opens up new possibilities, ISG says.

NEP Group Accelerates Growth and Innovation with New Funding and Successful Debt Refinancing

Lastest from Businesswire - Fri, 10/17/2025 - 09:51
PITTSBURGH--(BUSINESS WIRE)--NEP Group, the leading media services and technology partner for content producers worldwide, today announced a new equity investment in the company led by 26North Partners LP (26North), together with a group of co-investors. Carlyle, NEP’s existing sponsor, is participating alongside 26North in the investment and will remain its largest shareholder, reaffirming Carlyle’s long-term commitment to the company. 26North, a next-generation alternatives platform, was foun

26North Leads $700 Million Equity Investment in NEP Group to Accelerate Growth and Innovation

Lastest from Businesswire - Fri, 10/17/2025 - 09:51
NEW YORK--(BUSINESS WIRE)--26North leads $700M investment in NEP Group to fuel growth and innovation, bolstering NEP’s leadership in live sports and entertainment technology.

The Bancorp, Inc. Sets Third Quarter 2025 Financial Results Release Date and Conference Call

Lastest from Businesswire - Fri, 10/17/2025 - 09:51
WILMINGTON, Del.--(BUSINESS WIRE)--The Bancorp, Inc. (“Bancorp”) (NASDAQ: TBBK) today announced that it will release its third quarter 2025 financial results after market hours on Thursday, October 30, 2025, and invites investors and other interested parties to listen to its earnings results conference call on Friday, October 31, 2025, at 8:00 a.m. Eastern time. All interested parties can access the live conference call webcast by visiting The Bancorp site at www.thebancorp.com and clicking on

Marcus & Millichap, Inc. to Report Third Quarter 2025 Financial Results on Friday, November 7, 2025

Lastest from Businesswire - Fri, 10/17/2025 - 09:51
CALABASAS, Calif.--(BUSINESS WIRE)--Marcus & Millichap, Inc. (NYSE: MMI), a leading national brokerage firm specializing in commercial real estate investment sales, financing and research and advisory services, announced today it will report its financial results for the third quarter ended September 30, 2025 on Friday, November 7, 2025, before the market open. The Company will host a webcast and a conference call the same day to discuss the results at 10:30 a.m. Eastern Time. The call will

Franklin Templeton Closed-End Funds Announce Share Repurchases for the Third Quarter of 2025

Lastest from Businesswire - Fri, 10/17/2025 - 09:51
NEW YORK--(BUSINESS WIRE)--The following Funds announced today their share repurchase activity during the third quarter of 2025. Ticker Fund Name Shares Repurchased (7/1/25 - 9/30/25) Shares Repurchased Since Inception of Each Fund’s Repurchase Program PMM Putnam Managed Municipal Income Trust 67,645 18,449,064 PMO Putnam Municipal Opportunities Trust 294,462 17,709,437 The Funds seek to enhance shareholder value by repurchasing their common shares when trading at a discount to the Fund’s net a

REJUVENATION OPENS 13TH STORE NATIONWIDE IN SALT LAKE CITY

Lastest from Businesswire - Fri, 10/17/2025 - 09:51
PORTLAND, Ore.--(BUSINESS WIRE)--REJUVENATION OPENS 13TH STORE NATIONWIDE IN SALT LAKE CITY

Clarion Partners Real Estate Income Fund Inc. Announces Results of Tender Offer

Lastest from Businesswire - Fri, 10/17/2025 - 09:51
NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement

Republic Bancorp Reports a 12% Increase in Third Quarter Net Income

Lastest from Businesswire - Fri, 10/17/2025 - 09:51
LOUISVILLE, Ky.--(BUSINESS WIRE)--Republic Bancorp, Inc. (“Republic” or the “Company”) reported third quarter 2025 net income and Diluted Earnings per Class A Common Share (“Diluted EPS”) of $29.7 million and $1.52 per share, representing increases of 12% and 11%, over the $26.5 million and $1.37 per share reported for the third quarter of 2024. As a result, the Company achieved a return on average assets (“ROA”) and a return on average equity (“ROE”) of 1.69% and 10.91% for the third quarter o

29% of U.S. Home Purchases Are Made in Cash, Essentially Flat From a Year Ago

Lastest from Businesswire - Fri, 10/17/2025 - 09:51
SEATTLE--(BUSINESS WIRE)--Just under three in 10 (28.8%) U.S. homebuyers paid in all cash in August, down just incrementally from 29% a year earlier, according to a new report from Redfin, the real estate brokerage powered by Rocket. The prevalence of all-cash payments peaked at nearly 35% in late 2023 and early 2024 because mortgage rates peaked in the high-7% range during that time. Buyers were inclined to pay in cash— if they could afford it—to avoid high monthly interest payments. When mort

StenTech Strengthens Precision Parts Platform with AME Acquisition

Lastest from Businesswire - Fri, 10/17/2025 - 09:51
CLEVELAND & DALLAS--(BUSINESS WIRE)--Align Capital Partners’ (“ACP”) portfolio company StenTech (the “Company”), a leading provider of surface mount technology (“SMT”) solutions, has announced the acquisition of Advanced Metal Etching, Inc. (“AME”). The acquisition represents a significant milestone in StenTech’s growth strategy, expanding its Parts Division beyond SMT into a broader array of high-value industries including aerospace, medical, automotive, military, energy and industrial manufac

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