Feed aggregator
AM Best Affirms Credit Ratings of Kansas City Life Insurance Company and Its Subsidiaries
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) of Kansas City Life Insurance Company (KCL) (Kansas City, MO) [OTCQX: KCLI]. The outlook of these Credit Ratings (ratings) is negative. Additionally, AM Best has affirmed the FSR of B++ (Good) and the Long-Term ICR of “bbb+” (Good) of Old American Insurance Company (Old American) (Kansas City, MO), a wholly owned su
Trimlite Acquires Francis-Schulze Company
ROSEMONT, Ill.--(BUSINESS WIRE)--Trimlite Equity, L.P. (“Trimlite” or the “Company”), a Wynnchurch Capital portfolio company, announced that it has acquired Francis-Schulze Company (“F-S” or “Francis-Schulze”). Members of the Francis and Schulze families will continue as shareholders in Trimlite. Financial terms were not disclosed. Francis-Schulze is a leading value-added distributor of exterior door products and hardware. Founded in 1957 and headquartered in Russia, Ohio, Francis-Schulze has d
AmeriHealth Caritas Named to Newsweek’s List of America’s 2023 Top 100 Most Loved Workplaces
NEWTOWN SQUARE, Pa.--(BUSINESS WIRE)-- #AmeriHealthCaritas--AmeriHealth Caritas proudly announces ranking in Newsweek’s List of America’s 2023 Top 100 Most Loved Workplaces.
Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in August
NEW YORK--(BUSINESS WIRE)--Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.09339 per share on the Fund’s outstanding common stock. The distribution is payable on October 24, 2023 to shareholders of record on October 12, 2023. The ex-dividend date is October 11, 2023. The Fund will pay a previously declared distribution today,
Werner Associates Named Supply & Demand Chain Executive 2023 Women in Supply Chain Winners
OMAHA, Neb.--(BUSINESS WIRE)--Werner Enterprises (Nasdaq: WERN), a premier transportation and logistics provider, is excited to announce Operations Supervisor, Caty Simandl, and Director of Learning & Development at ReedTMS Logistics, Eileen Dabrowski, were selected as recipients of Supply & Demand Chain Executive’s 2023 Women in Supply Chain Award. Supply & Demand Chain Executive’s Women in Supply Chain Award program honors female supply chain leaders and executives whose accomplis
Antenna Group Strengthens Climate, Energy, Built Environment, and Mobility Expertise with Key New Hires
NEW YORK--(BUSINESS WIRE)--Antenna Group, a leading integrated marketing, public relations, and strategic communications agency, recently added two industry veterans, Marisa Long and Kristin Ford-Glencross, to its growing climate and mobility practices. These additions mark a strategic expansion of Antenna Group's climate tech leadership and reinforce the agency's commitment to supporting companies at the forefront of the clean energy transition through compelling storytelling. Marisa Long join
AM Best Assigns Performance Assessment to Excess Reinsurance Underwriters Inc.
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Performance Assessment of PA-2 (Excellent) to Excess Reinsurance Underwriters Inc. (Excess Re) (Woodbury, NJ). The outlook assigned to the Performance Assessment (assessment) is stable. The assessment reflects Excess Re’s excellent underwriting capabilities, excellent governance and internal controls, excellent financial condition, excellent organizational talent and strong depth and breadth of relationships. Excess Re provides specialized
EQUITY ALERT: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Archer Aviation Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – ACHR
NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Archer Aviation Inc. (NYSE: ACHR) between September 17, 2021 and August 15, 2023, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 20, 2023. SO WHAT: If you purchased Archer Aviation securities during
Green Check Honored With PBC Top Compliance Company Award
BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Green Check (GC), the leading fintech provider of financial services solutions and industry insights in the emerging cannabis market, today announced it was named the Top Compliance Company at the PBC Conference in Washington, D.C. for its cannabis banking and connected marketplace solutions. This year’s honor follows last year’s win, where GC’s CEO & Founder, Kevin Hart was recognized as Top Compliance Leader. The PBC Conference is an annual meeting o
KBRA Releases Research – PDP Natural Gas and Oil ABS Primer
NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA releases research on proved, developed, and producing (PDP) natural gas and oil securitizations. The report provides an overview of features observed in KBRA-rated PDP securitizations as well as a general discussion of this type of asset-backed security (ABS) transaction that experienced a meaningful increase in activity in 2022 with seven deals totaling $3.1 billion. Key Takeaways PDP securities are mainly collateralized by cash flows generated from PDP wells (s
First American Title Executive Vice President Sally French Tyler Named to CREW Network’s Exclusive Circle of Excellence
SANTA ANA, Calif.--(BUSINESS WIRE)--First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today announced that Sally French Tyler, who serves as executive vice president and group president of First American Title’s residential and commercial operations, was named to CREW Network’s Circle of Excellence, the most prestigious honor from the global organ
Equity International’s Portfolio Company, SAMHI Hotels Limited, Completes its IPO
CHICAGO--(BUSINESS WIRE)--SAMHI Hotels Limited (SAMHI), the third largest hotel ownership and asset management platform in India1, with operating brands including Courtyard by Marriott, Fairfield by Marriott, Hyatt Regency, Hyatt Place, Sheraton and Holiday Inn Express by IHG, has completed its initial public offering (IPO). The company’s shares are listed on the BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE) and have begun trading under the ticker symbol SAMHI. Equity
AMTD IDEA Group Increases Share Repurchase Program by US$20 million
NEW YORK & SINGAPORE & PARIS--(BUSINESS WIRE)--AMTD IDEA Group (“AMTD IDEA” or “Company”, NYSE: AMTD; SGX: HKB) announced today that the Company’s board of directors have authorized an increase to the existing share repurchase authority under the share repurchase program previously announced on August 22, 2023 in the amount of US$20 million. As a result, the Company may repurchase up to US$40 million of its American depositary shares or ordinary shares under the said program until the close of
AMTD Digital Inc. Increases Share Repurchase Program by US$20 million
NEW YORK & PARIS--(BUSINESS WIRE)--AMTD Digital Inc. (“AMTD Digital” or “Company”) (NYSE: HKD), announced today that the Company’s board of directors has authorized an increase to the existing share repurchase authority under the share repurchase program previously announced on August 22, 2023 in the amount of US$20 million. As a result, the Company may repurchase up to US$50 million of its American depositary shares or ordinary shares under the said program until the close of business on Decem
Intuit Launches Food Truck Program to Empower Underserved Youth with Vital Financial, Technical and Entrepreneurial Skills
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Intuit launches food truck program in Compton Unified School District to empower underserved youth with financial, technical, entrepreneurial skills
Treasury Partners Founder Richard Saperstein Named to the Barron’s Top 100 Independent Advisors List
NEW YORK--(BUSINESS WIRE)--Hightower’s Treasury Partners, a wealth management team of 29 professionals based in New York City, today announced that Founder and Chief Investment Officer Richard Saperstein has been named to the 2023 Barron’s Top 100 Independent Advisors list. Mr. Saperstein ranked #2 on the list, which recognizes the nation’s top independent wealth managers. He is also a Barron’s Hall of Fame advisor. Mr. Saperstein and his team provide a wide range of financial services for clie
Settlement Administrator Angeion Group Announces Proposed Settlement In U.S. Dollar LIBOR-Based Instrument Class Action
NEW YORK--(BUSINESS WIRE)--There are lawsuits impacting individuals and institutions that entered into over-the-counter financial derivative and non-derivative instruments directly with 17 banks and that received payments tied to U.S. Dollar LIBOR. A Settlement totaling $101 million has been reached with Coöperatieve Rabobank U.A. (“Rabobank”), Lloyds Banking Group plc, Lloyds Bank plc, HBOS plc, and Bank of Scotland plc (together, “Lloyds”), Royal Bank of Canada (“RBC”), and Portigon AG and We
Idomoo Announces Commercial Launch of Lucas, AI Video Creator
NEW YORK--(BUSINESS WIRE)-- #AIvideo--After creating more than 500,000 videos for users around the globe, Lucas, the world’s first end-to-end AI video creator, has now launched commercially at idomoo.ai. Anyone can create a video in seconds and easily edit it for free, only paying for the videos they keep. Conceived by Idomoo, Lucas leverages the company’s Next Generation Video Platform for real-time rendering that enables incredibly fast video creation. Idomoo used the preceding six months of soft launch
NYSE to Commence Delisting Proceedings with Respect to the Warrants of Fathom Digital Manufacturing Corporation (FATH.WS)
NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the warrants to purchase Class A common stock (the “Warrants”) — ticker symbol FATH.WS — of Fathom Digital Manufacturing Corporation (the “Company”) from the NYSE. Trading in the Company’s Warrants will be suspended immediately. Trading in the Company’s Class A common stock — ticker symbol FATH — will continue on the N
First Foundation Advisors Recognized as a Top Registered Investment Advisory Firm by Barron’s
DALLAS--(BUSINESS WIRE)--First Foundation Inc. (NYSE: FFWM) (“First Foundation” or the “Company”), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced today its inclusion on the list of 2023 Top 100 RIA Firms by Barron's. The annual list recognizes the top-ranked RIAs in the country based on Barron’s proprietary ranking system that includes assets under management, revenue, and quality of practice. "At First F