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Charles River Associates (CRA) Announces CFO Transition
BOSTON--(BUSINESS WIRE)--Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that Daniel Mahoney, CRA’s Chief Financial Officer, will transition out of his role to a new opportunity outside of the consulting industry, effective April 11, 2025. Chad Holmes, CRA’s Chief Corporate Development Officer and former CFO, will serve as interim CFO while the Company conducts a search for a permanent replacement,
AM Best Affirms Credit Ratings of Western & Southern Financial Group, Inc. and Its Subsidiaries
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “aa” (Superior) of the life insurance subsidiaries of Western & Southern Financial Group, Inc. (WSFG). The WSFG subsidiaries included in this rating unit are The Western and Southern Life Insurance Company (WSLIC), Western-Southern Life Assurance Company, Columbus Life Insurance Company, Integrity Life Insurance Company, Nation
Keller Rohrback L.L.P. Announces Filing of New Lawsuit Against SoCal Edison on Behalf of Victims of the January 2025 Eaton Wildfire
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Keller Rohrback L.L.P. announces that it has filed a lawsuit against electric utility company, Southern California Edison (SCE), in the Superior Court of the State of California, County of Los Angeles on behalf of survivors of the January 2025 Eaton Wildfire in Los Angeles. The suit alleges that the utility’s reckless failure to properly maintain and de-energize its powerlines during extreme weather conditions led to the devastating Eaton Canyon Wildfire.
AM Best Comments on Credit Ratings of Protective Life Corporation’s Key Subsidiaries Following Announced Reinsurance Agreement with Resolution Life Group Holdings Ltd.
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has commented that the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of the primary life insurance subsidiaries of Protective Life Corporation (headquartered in Birmingham, AL), collectively known as Protective, remain unchanged following an announced reinsurance arrangement under which it will cede $9.7 billion of reserves to Resolution Life Group Holdings Ltd. Protective will
JPMorganChase to Host First-Quarter 2025 Earnings Call
NEW YORK--(BUSINESS WIRE)--As previously announced, JPMorgan Chase & Co. (NYSE: JPM) (“JPMorganChase” or the “Firm”) will host a conference call to review first-quarter 2025 financial results on Friday, April 11, 2025 at 8:30 a.m. (ET). The results are scheduled to be released at approximately 7:00 a.m. (ET). The live audio webcast and presentation slides will be available on www.jpmorganchase.com under Investor Relations, Events & Presentations. JPMorganChase will notify the public tha
Veritone Announces Appointment of Francisco Morales to Board of Directors
DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in building human-centered enterprise AI solutions, today announced the appointment of Francisco J. Morales to its Board of Directors, to be effective March 20, 2025. Francisco J. Morales is the Co-founder and Executive Chairman of 5.11 Tactical and its former CEO. Founded in 2003, 5.11 Tactical is widely recognized as a global market leader in tactical apparel, footwear, and gear for law enforcement, military, and first responder
Mutual Capital Group Announces Closing of All-Cash Merger with ICC Holdings, Inc.
WYALUSING, Pa.--(BUSINESS WIRE)--Mutual Capital Group, Inc. (“MCG”), parent company of Mutual Capital Holdings, Inc. (“MCH”), today announced the successful closing of its previously announced acquisition of ICC Holdings, Inc. (“ICCH”), the parent company of Illinois Casualty Company. The public trading of ICCH common stock ceased as of yesterday. At the closing, MCH acquired ICCH in an all-cash merger valued at approximately $73.8 million. As part of the transaction, each share of ICCH common
KKR Appoints Timothy R. Barakett to Board
NEW YORK--(BUSINESS WIRE)--KKR & Co. Inc. (NYSE: KKR) today announced that Timothy R. Barakett has been appointed to the Board of Directors effective March 13, 2025. His appointment will bring the number of independent directors to ten out of a total of fourteen Board seats. Mr. Barakett is the Founder and Chief Executive Officer of TRB Advisors, a private investment firm and family office. Prior to founding TRB Advisors in 2010, Mr. Barakett was the Founder and Chief Executive Officer of A
Pagaya Closes New AAA-Rated $500 Million Consumer Loan ABS Deal
NEW YORK--(BUSINESS WIRE)--Pagaya Technologies LTD. (NASDAQ: PGY) ("Pagaya" or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the closing of a $500 million AAA-rated personal loan ABS transaction (PAID 2025-2). Since 2018, Pagaya has raised over $27 billion across 67 ABS transactions to fund loan originations across multiple products, including personal loan and auto. “As the leading ABS issuer of personal loans in
Veritone Reports Fourth Quarter and Fiscal Year 2024 Results
DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ:VERI), a leader in designing human-centered AI solutions, today reported results for the fourth quarter and fiscal year ended December 31, 2024. “Veritone delivered solid topline performance in the fourth quarter of 2024 and is entering 2025 with strong momentum underpinned by our disruptive Veritone Data Refinery offering and opportunity to drive Public Sector growth,” said Ryan Steelberg, Chairman, President and Chief Executive Officer of Verito
Hoskinson Family Office, Inc. Invests $1.5 Million in W3i Software Inc., Supporting the Growth of Cardano's Regulated DeFi Future
WEST LAFAYETTE, Ind. & LONDON--(BUSINESS WIRE)--Hoskinson Family Office, Inc. (HFO) has invested $1.5 million in W3i Software, Inc., the development company behind USDM—Cardano’s first MiCA-compliant, fiat-backed stablecoin. This investment marks a significant step toward bridging decentralized finance (DeFi) with the regulated financial system and accelerating Cardano’s global adoption. USDM, issued by Moneta Digital, is one of the only stablecoins designed to meet the strict regulatory standa
Operation HOPE Commemorates One Full Year of Data from Nationwide Client Survey – The HOPE Insider
ATLANTA--(BUSINESS WIRE)--Operation HOPE, a national nonprofit dedicated to helping low- and moderate-income Americans thrive in an ever-changing economy, released the 2024 Annual Report of its comprehensive nationwide client survey - The HOPE Insider - commemorating the first full year since the quarterly survey was launched in November 2023. With the newest data from the fourth quarter of 2024, The HOPE Insider’s Annual Report offers for the first time a whole-year snapshot of how thousands o
TWO Announces New Conversation Series Video
NEW YORK--(BUSINESS WIRE)--TWO Announces New Conversation Series Video
PublicSquare Reports Fourth Quarter and Full Year 2024 Financial Results
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--PSQ Holdings, Inc. (NYSE: PSQH) (“PublicSquare,” or the “Company”), America's leading commerce and payments ecosystem valuing life, family, and liberty, reported today financial results for the fourth quarter 2024 and full year 2024. “Our accomplishments in 2024 were significant with our strategic focus on engaging our core merchants and consumers, propelling us to four-fold revenue growth,” stated Michael Seifert, Chairman and Chief Executive Officer of
Redwood Trust Announces First Quarter 2025 Common and Preferred Dividends
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, today announced that its Board of Directors (the “Board”) has declared first quarter 2025 common and preferred stock dividends. Common Stock Dividend The Board has authorized the declaration of a first quarter 2025 regular common stock dividend of $0.18 per share, unchanged from the fourth quarter of 2024. This marks the Company's
Regional Management Corp. Appoints Julie Booth to Its Board of Directors
GREENVILLE, S.C.--(BUSINESS WIRE)--Regional Management Corp. (NYSE: RM), a diversified consumer finance company, today announced the appointment of Julie Booth to its Board of Directors, effective immediately. Ms. Booth most recently served as Chief Financial Officer and Treasurer of Rocket Companies (NYSE: RKT) (“Rocket”), the Detroit-based fintech platform company with mortgage, real estate, and personal finance businesses. Ms. Booth’s appointment increases the size of Regional Management’s B
MEMX Receives Regulatory Approval for MX2, its Second Exchange Medallion
NEW YORK--(BUSINESS WIRE)--MEMX, a technology-driven exchange operator founded by members to benefit all investors, today announced it has received regulatory approval for its second exchange medallion, MX2. This milestone marks a significant step in the company’s continued commitment to providing innovative trading solutions to all market participants. As a result of this approval, MEMX now has rules in place to govern trading on a second equities exchange. MEMX is actively working with market
Square Financial Services, Inc. Receives FDIC Approval to Offer Consumer Loan Product Cash App Borrow
DISTRIBUTED-WORK-MODEL/SAN FRANCISCO & SALT LAKE CITY--(BUSINESS WIRE)--Today, Block, Inc. (NYSE: XYZ) announced its industrial bank, Square Financial Services, Inc. (SFS), has received approval from the Federal Deposit Insurance Corporation (FDIC) to begin offering the consumer loan product Cash App Borrow. SFS is an independently governed subsidiary of Block, Inc., headquartered in Salt Lake City, Utah. The expansion of Square Financial Services, Inc. to offer small, easy-to-repay consumer lo
Heritage Global Inc. Reports Fourth Quarter and Year-End 2024 Results
SAN DIEGO--(BUSINESS WIRE)--Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, today reported financial results for the fourth quarter and year ended December 31, 2024. Fourth Quarter and Year-End 2024 Summary of Financial Results (unaudited): ($ in thousands, except per share amounts) Three Months Ended December 31, Year Ended December 31, 2024 2023 2024 2023 Operating income
Phreesia Named to G2’s List of 2025 Best Healthcare Software Products
ALL-REMOTE COMPANY/WILMINGTON, Del.--(BUSINESS WIRE)--Phreesia has been named to G2’s 2025 Best Software Awards in the Best Healthcare Software Products category.