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KBRA Assigns Preliminary Ratings to Avant Loans Funding Trust 2025-REV1
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to five classes of notes issued by Avant Loans Funding Trust 2025-REV1 (“AVNT 2025-REV1”), an unsecured consumer loan ABS transaction. AVNT 2025-REV1 has initial hard credit enhancement level of 50.39% for the Class A Notes to 4.22% for the Class E Notes. Credit enhancement consists of overcollateralization, yield supplement overcollateralization, subordination (except for the Class E Notes), a cash reserve account funded at closing an
Samsung and Cielo Partner to Redefine Retail Advertising with AI-Powered Digital Signage Technology
RIDGEFIELD PARK, N.J. & LUBBOCK, Texas--(BUSINESS WIRE)--Samsung has partnered with Cielo, a leader in AI-powered franchise solutions, to transform retail advertising and franchise operations. This collaboration combines Samsung’s VXT display technology and Cielo’s AI-driven platform, introducing game-changing tools for digital marketing and operational efficiency. As part of this strategic alliance, Cielo is introducing SmartSigns™, a Digital Signage as a Service (DaaS) solution that leverages
Deadline Approaching: ModivCare, Inc. (MODV) Investors Who Lost Money Urged To Contact Law Offices of Howard G. Smith
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the upcoming March 31, 2025 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased ModivCare, Inc. (“ModivCare” or the “Company”) (NASDAQ: MODV) securities between November 3, 2022 and September 15, 2024, inclusive (the “Class Period”). IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN MODIVCARE, INC. (MODV), CONTACT THE LAW OFFICES OF HOWARD G. SMITH TO PARTICIPATE IN THE ON
JAB Holding Company to Acquire Prosperity Life Group
LUXEMBOURG & NEW YORK--(BUSINESS WIRE)--JAB Holding Company (“JAB”), Elliott Investment Management and Prosperity Life Group (“Prosperity”) today announced that they have entered into a definitive agreement whereby JAB will acquire 100% of Prosperity, which is comprised of the Prosperity Life Group Insurance Companies (“Prosperity Life”) and Prosperity Asset Management (“PAM”). With over $25 billion of assets, Prosperity will become a foundational part of JAB’s strategy to build a global life i
Deadline Soon: Sun Communities, Inc. (SUI) Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz About Securities Fraud Lawsuit
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming February 10, 2025 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired Sun Communities, Inc. (“Sun Communities” or the “Company”) (NYSE: SUI) securities between February 28, 2019 and September 24, 2024, inclusive (the “Class Period”). IF YOU ARE AN INVESTOR WHO LOST MONEY ON SUN COMMUNITIES, INC. (SUI), CLICK HERE TO PARTI
HSA Bank Unveils New Brand Identity
MILWAUKEE--(BUSINESS WIRE)--HSA Bank, a division of Webster Bank, N.A., today announced the launch of its new visual brand identity and logo, marking a significant step forward in its journey to empower consumers to find the path in owning their health and wealth. The modernized logo and brand identity visually represents HSA Bank’s commitment to drive value and tangible outcomes for its members -- making complex information easy to understand and delivering personalized, meaningful customer ex
USA TODAY’s 37th Ad Meter Competition Opens
NEW YORK, NY--(BUSINESS WIRE)--USA TODAY, part of Gannett Co., Inc. (NYSE: GCI), officially launched the 37th annual Ad Meter competition, the industry’s leading opinion tool for gauging public sentiment about Super Bowl commercials. Since launching in 1989, USA TODAY Ad Meter’s popularity and relevance remains highly influential across the Super Bowl advertising landscape as it relates to sports, entertainment and pop culture on Super Bowl Sunday. The 2025 Ad Meter program features interactive
Chase to Open 24 Branches in Alabama, Create More Than 170 Jobs
BIRMINGHAM, Ala.--(BUSINESS WIRE)--JPMorganChase plans to triple the number of branches in Alabama and hire an additional 170 bankers by 2030 as part of the firm’s broader efforts to increase access to financial services across the state. The expansion will bring the total number of Chase branches in Alabama to 35, putting more than half of the state’s population within an accessible drive time to a Chase branch. “Alabama is a vibrant state with a strong manufacturing economy, good small busine
Unum Group to Present at the 2025 UBS Financial Services Conference
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group’s (NYSE: UNM) President & CEO, Rick McKenney, will represent the company at the 2025 UBS Financial Services Conference. McKenney is scheduled to speak at the conference at 3:30 p.m. ET on Monday, February 10, 2025. He will discuss the company’s business strategy and future growth prospects. A live audio webcast of the presentation will be available on the Investors section of Unum’s website, www.investors.unum.com, on the News and Events page.
Deadline Soon: Kyverna Therapeutics, Inc. (KYTX) Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz About Securities Fraud Lawsuit
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming February 7, 2025 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired Kyverna Therapeutics, Inc. (“Kyverna” or the “Company”) (NASDAQ: KYTX) common stock pursuant and/or traceable to the Registration Statement issued in connection with the Company’s February 2024 initial public offering (the “IPO” or the “Offering”). IF YO
Curo Group Rebrands as Attain Finance
GREENVILLE, S.C.--(BUSINESS WIRE)--Curo Group Holdings, LLC (“Curo” or the “Company”), a leading consumer finance company, today announced that, effective immediately, it has rebranded the Company to Attain Finance. The rebranding is the latest milestone in the Company’s growth and evolution, and underscores an enhanced focus on its commitment to customers and their financial goals through best-in-class financial solutions and exceptional service. “Our new name marks another exciting chapter in
Deadline Alert: Integral Ad Science Holding Corp. (IAS) Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP reminds investors of the upcoming March 31, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Integral Ad Science Holding Corp. (“IAS” or the “Company”) (NASDAQ: IAS) common stock between March 2, 2023, and February 27, 2024, inclusive (the “Class Period”). IF YOU SUFFERED A LOSS ON YOUR IAS INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING C
Blend Wins HousingWire Tech100 Mortgage Award for Sixth Consecutive Year
SAN FRANCISCO--(BUSINESS WIRE)--Blend (NYSE: BLND), a leading origination platform for digital banking solutions, today announced that it has been named a 2025 HousingWire Tech100 Mortgage award winner. This marks the sixth-consecutive year Blend has received this prestigious honor, recognizing its continued innovation and significant results achieved by lenders using its mortgage lending technology. "I’m incredibly proud to be part of a team that’s so focused on building technology that delive
PACE Introduces PEO Brokerage Membership to Strengthen Industry Partnerships and Client-Centered Solutions
LAYTON, Utah--(BUSINESS WIRE)--Brokers like BestFit Solutions are uniquely positioned to connect businesses with PEO partners. PACE’s PEO Brokerage Membership makes it easy.
KBRA Assigns Preliminary Ratings to Carvana Auto Receivables Trust 2025-N1
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to seven classes of notes issued by Carvana Auto Receivables Trust 2025-N1 (“CRVNA 2025-N1”), a non-prime auto loan ABS transaction. The transaction has initial hard credit enhancement levels ranging from 41.95% for the Class A notes to 1.25% for the Class E notes. Credit enhancement consists of overcollateralization, excess spread, subordination (except for the Class E notes) and a cash reserve account funded at closing. CRVNA 2025-N1
BizCap® Secures $30 Million in Financing for Conexwest
SAN FRANCISCO--(BUSINESS WIRE)-- #commercial--BizCap®, a national commercial finance and advisory firm, today announced that it has successfully structured and secured a $30 Million comprehensive financing package for Conexwest (https://www.conexwest.com), a leading provider of shipping container sales, rentals, and modifications across North America. The financing will enable Conexwest to expand its fabrication capacity, grow its rental portfolio, and strengthen its liquidity to support long-term growth. “W
Car IQ Unveils Whitepaper in Collaboration with Visa on Secure, Vehicle-Based Fleet Payments
SAN FRANCISCO--(BUSINESS WIRE)--Car IQ, in collaboration with Visa, a global leader in digital payments, has unveiled a new whitepaper showcasing the advantages of vehicle-based payments. The findings, detailed in Cardless Fleet Payments: How Car IQ is Re-Inventing the Fleet Payment Process, emphasizes how this innovative approach is redefining security, efficiency, and cost savings for fleet operations. Fleet cards have been the standard payment method for decades but many come with costly dow
State Revenue Growth Slows, but Most States Classified as ‘Stable’
BOSTON--(BUSINESS WIRE)--Morgan Stanley Investment Management (MSIM) today released the 12th annual State of the States Report, which highlights slowing revenue growth after two years of expedited growth related to pandemic-era government stimulus. Furthermore, the State of the States Analysis indicates a stable credit outlook for most states with many planning for budget cuts of approximately 6% in the next fiscal year. Commenting on the report’s finding, Craig Brandon, co-head of Municipal In
loanDepot and Onx Homes Announce New Joint Venture
SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot, Inc. (NYSE: "LDI"), a leading provider of products and services that power the homeownership journey, and Onx Homes, a technology-led homebuilder pioneering a new era of home building, today announced a new joint venture that will provide a smooth and streamlined financing option for new homebuyers in Florida and Texas. Named Onx X+ Mortgage, the venture brings together two companies that leverage technology to better serve today’s homebuyers. It s
KBRA Releases Monthly CMBS Trend Watch
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases the January 2025 issue of CMBS Trend Watch. Following on the heels of a strong 2024 issuance year, January continued to exhibit strength, with year-over-year (YoY) private label CMBS issuance increasing 38.1%. This was despite the benchmark rate increasing, while credit spreads remained stable relative to year-end. Commercial real estate collateralized loan obligations (CRE CLO) issuance was also very active in January, already reaching approximately one