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CHICAGO--(BUSINESS WIRE)-- #assetmanagement--The largest plans in the Northern Trust Universe had a median return of -0.8% in the fourth quarter and 9.4% for the full year in 2024.

ROWAYTON, Conn.--(BUSINESS WIRE)--Graham Capital Management (Graham or the “Firm”), a $20 billion alternative investment firm focused on innovative quantitative and discretionary macro investment solutions, today announced that Jens Foehrenbach has joined the Firm as President and Co-Chief Investment Officer. In this role, Foehrenbach and Co-CIO Pablo Calderini will jointly oversee Graham’s investment activities. Foehrenbach will also serve on the Firm’s Executive, Investment and Risk Committee

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised the outlooks of the Long-Term Issuer Credit Ratings (Long-Term ICR) to stable from negative and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICRs of “a+” (Excellent) of The Lincoln National Life Insurance Company and its wholly owned subsidiary, Lincoln Life & Annuity Company of New York (Syracuse, NY). These companies are the key life and annuity insurance subsidiaries of Lincoln National Corporation (LN

CHICAGO--(BUSINESS WIRE)--Grant Thornton, one of America’s largest brands of professionals providing end-to-end audit, assurance, tax and advisory services, has released industry-specific data from its State of Work in America survey. Respondents shared their thoughts on the latest trends in employee attitudes, desires and concerns across various sectors, including technology, banking, healthcare, manufacturing, retail and transportation and distribution. Technology workers want job security Ar

LOS ANGELES--(BUSINESS WIRE)--ELF Investors Have Opportunity to Join e.l.f. Beauty, Inc. Fraud Investigation with the Schall Law Firm

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “bbb+” (Good) of Topa Insurance Company (Calabasas, CA) and its subsidiary, Dorchester Insurance Company, Ltd. (U.S. Virgin Islands). These companies are wholly owned subsidiaries of Topa Equities, Ltd. and collectively referred to as Topa Insurance Group (Topa). The outlook assi

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA has placed its BBB- issuer rating for SmartStop OP, L.P. on Rating Watch Downgrade, which follows KBRA's review of recent acquisition activity and parent SmartStop Self Storage REIT, Inc.'s (collectively 'SmartStop') updated S-11 filing for a potential initial public offering (IPO). The BBB- rating for SmartStop OP's outstanding $150 million 4.53% senior secured notes due 2032 is also placed on Watch Downgrade. Following a period of reduced acquisition activity,

PHILADELPHIA--(BUSINESS WIRE)-- #BusinessOwners--RISR, the first comprehensive business owner engagement platform for financial advisors, today announced its partnership with Wealthcare Capital Management (Wealthcare), a technology-enabled registered investment advisor (RIA) with more than $8 billion in assets under management (AUM), that supports independent financial advisors. Through this union, Wealthcare advisors have access to a more in-depth look at the needs of their business owner clients and are better

ARLINGTON, Va.--(BUSINESS WIRE)--Aminad Consulting, a boutique management consulting firm specializing in supply chain and operations strategy, announced today the hire of David Banks as Director of Corporate Operations, adding to their growing leadership team and expanding their operations department. “We are extremely excited to have David join our leadership team,” said Lido Ramadan, President and CEO of Aminad Consulting. “David brings incredible experience to Aminad and will help us grow a

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Total Return Fund Inc. (NYSE: ZTR) (the “Fund”) today announced preliminary results of its previously announced tender offer (“Tender Offer”) to acquire 10% of the Fund’s outstanding shares, which expired on February 6, 2025 at 5 p.m. (Eastern). Approximately 20,373,789 shares were tendered, including shares tendered pursuant to notices of guaranteed delivery, based on preliminary information. With the Tender Offer oversubscribed, the relative number of

SEATTLE--(BUSINESS WIRE)-- #AIsolutions--Marchex (NASDAQ: MCHX), which harnesses the power of AI and conversational intelligence to drive operational excellence and revenue acceleration, is set to continue its impact at several upcoming industry events, including the 2025 International Franchise Association (IFA) Annual Convention. In addition to its presence at IFA, Marchex also will participate in exclusive partner events with ARS and Authority Brands, further strengthening its commitment to franchise succe

OLDWICK, N.J.--(BUSINESS WIRE)--The February issue of Best’s Review examines progress and initiatives in an industry that’s often viewed as resistant to change: “Insurers Discover Value in Innovation Culture” provides insight from several industry leaders on how innovation is now seen as necessary to a company’s survival. “Innovation Hubs Attract Interest, Support From Insurance Companies” looks at several initiatives to foster insurtech startups, spur new product development and enhance data a

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases a report exploring the mechanics, benefits, and challenges of revolving credit facilities (RCF) within the structured credit market. Low-levered RCFs, often executed privately, have become a common tool in the rated structured credit universe. RCFs are a flexible source of financing that allows issuers and lenders to manage credit risk while optimizing financing availability through its dynamic structure, which often incorporates a “borrowing base” overc

AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds Corporation (NYSE:SWI) (“SolarWinds” or the “Company”), a leading provider of simple, powerful, secure observability and IT management software, today announced that it has entered into a definitive agreement to be acquired by Turn/River Capital in an all-cash transaction for $18.50 per share or approximately $4.4 billion. The per-share price represents a premium of approximately 35% to the volume-weighted average closing price of SolarWinds stock for

NEW YORK--(BUSINESS WIRE)--Freedom Holding Corp. (the “Company”) (NASDAQ: FRHC), a multinational diversified financial services holding company with a presence through its subsidiaries in 22 countries, today announced the financial results for their third quarter and first nine months of fiscal 2025. Highlights include the following: $655 million in revenue for the quarter Net income of $1.29 earnings per share, diluted, and $1.32 earnings per share, basic Total expenses of $557 million $9.1 bi

NEW YORK--(BUSINESS WIRE)---- $DRIO #AI--Market News Alerts Updates: DarioHealth Corp. (Nasdaq: DRIO)* has announced a significant new agreement with a Blue Cross Blue Shield (BCBS) health plan, marking a pivotal expansion in the fast-growing digital health landscape. This move integrates Dario's AI-driven cardiometabolic digital health solutions, covering diabetes, hypertension, and weight management, into the offerings of one of America’s most trusted health insurers. According to a recent report, the card

NEW YORK--(BUSINESS WIRE)--Category: Financials

CALABASAS, Calif.--(BUSINESS WIRE)--Marcus & Millichap Inc. (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today that its Board of Directors has declared a regular semi-annual dividend of $0.25 per share, or approximately $9.8 million. The dividend will be payable on April 4, 2025 to shareholders of record as of the close of business on March 12, 2025. Any and all future dividends are subjec

MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) (“FedEx”) announced today the extension of the expiration date of the offers to exchange (each an “Exchange Offer” and, collectively, the “Exchange Offers”) any and all of its outstanding senior notes of the series listed in the tables below (collectively, the “Existing Notes”) for new notes (the “New Notes”) and the related consent solicitations (each, a “Consent Solicitation” and, collectively, the “Consent Solicitations”) to adopt cert

JACKSONVILLE, Fla.--(BUSINESS WIRE)--FIS® (NYSE: FIS), a global leader in financial technology, today announced a host of new recognitions from Chartis Research for its portfolio of lending and credit risk solutions. FIS won the Lending Operations – LOS (Loan Origination Systems) category in the 2025 Chartis RiskTech100 ranking report for the second year in a row, was positioned among industry leaders in two new Chartis report RiskTech Quadrants and was named a “Category Leader” five times in C