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KBRA Releases Research – KBRA Consolidates U.S. Marketplace Consumer Loan ABS Index

Lastest from Businesswire - Fri, 01/17/2025 - 12:29
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--Starting with KBRA’s December 2024 U.S. Marketplace Consumer Loan ABS Index report, we will now provide credit performance for all outstanding securitized marketplace consumer loan pools in a unified index. This approach replaces the previous practice of separating credit performance into Tier 1 and Tier 2 indices. This update will be retroactive to the inception of these indices, dating back to March 2018. Click here to view the report. About KBRA KBRA, one of the ma

Oconee Federal Financial Corp. Announces Quarterly Financial Results

Lastest from Businesswire - Fri, 01/17/2025 - 12:29
SENECA, S.C.--(BUSINESS WIRE)--Oconee Federal Financial Corp. (OTCQX: OFED) (the “Company”), the holding company for Oconee Federal Savings and Loan Association (“Oconee Federal”), announced today net income of $978 thousand, or $0.17 per diluted share, for the quarter ended December 31, 2024, which was more than the net income of $320 thousand, or $0.06 per diluted share, for the quarter ended December 31, 2023. December 31, 2024 Quarter End Summary: Fifty-three consecutive quarterly dividends

AM Best Upgrades Credit Ratings of Brookfield Annuity Company

Lastest from Businesswire - Fri, 01/17/2025 - 12:29
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” (Excellent) from “a-” (Excellent) of Brookfield Annuity Company (Toronto, Ontario, Canada). The outlook of these Credit Ratings (ratings) has been revised to stable from positive. The ratings reflect Brookfield Annuity Company’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating perform

TURN Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of 180 Degree Capital Corp. Is Fair to Shareholders

Lastest from Businesswire - Fri, 01/17/2025 - 12:29
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of 180 Degree Capital Corp. (NASDAQ: TURN) and Mount Logan Capital Inc. is fair to 180 Degree shareholders. Upon closing of the proposed transaction, 180 Degree shareholders are expected to own approximately 40% of the combined company. Halper Sadeh encourages 180 Degree shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halp

Ecostrat And New Energy Risk Awarded InnSure’s Insurance Innovation Prize, Recognized for Partnership to Develop Feedstock Supply Insurance©

Lastest from Businesswire - Fri, 01/17/2025 - 12:29
TORONTO & MENLO PARK, Calif.--(BUSINESS WIRE)--Ecostrat and New Energy Risk awarded InnSure’s $5M Insurance Innovation Prize for Feedstock Supply Insurance© (FSI)

Nepsis Unveils New Minneapolis Headquarters at Two Meridian

Lastest from Businesswire - Fri, 01/17/2025 - 12:29
MINNEAPOLIS--(BUSINESS WIRE)-- #InvestWithClarity--Nepsis, Inc. (“Nepsis”), a national financial advisory, investment management and tax services firm, has officially opened its new national headquarters at Two Meridian, in Minneapolis, Minnesota. The move to an expanded workspace was necessitated by the tremendous growth the firm experienced in 2024. Located at the intersection of I-35W and I-494 just outside of downtown Minneapolis, the new office sits in a thriving business hub with strategic access to major hig

Wipro Announces Results for the Quarter Ended December 31, 2024

Lastest from Businesswire - Fri, 01/17/2025 - 12:29
EAST BRUNSWICK, N.J. & BANGALORE, India--(BUSINESS WIRE)---- $WIPRO #GrossRevenue--Wipro Limited announced financial results under International Financial Reporting Standards (IFRS) for the quarter ended December 31, 2024.

Oak Row Equities Wins Unanimous Approval from Urban Development Review Board for First & Fifth, a Luxury Multifamily Tower Designed by ODP Architects

Lastest from Businesswire - Fri, 01/17/2025 - 12:29
MIAMI--(BUSINESS WIRE)--Oak Row Equities, a leading private equity and real estate development firm with a $2.0 billion portfolio spanning over four million square feet in South Florida, has announced that the Urban Development Review Board (UDRB) has unanimously granted approval for the design of First & Fifth, a brand new luxury multifamily tower designed by ODP Architects. Located at 49 NW 5th Street in Downtown Miami, First & Fifth will rise across from MiamiCentral Station – the hu

The Southern Group Expands to Washington, D.C. With Strategic Federal Lobbying Practice “TSG Advocates” Led by Daniel Diaz-Balart and Chase Kroll

Lastest from Businesswire - Fri, 01/17/2025 - 09:29
WASHINGTON--(BUSINESS WIRE)--The Southern Group, a premier government relations and influence network with 11 offices across the Southeast, is proud to announce the expansion of its operations to Washington, D.C., with the launch of TSG Advocates, a new federal lobbying practice. This milestone is the next chapter in the firm’s 25-year legacy, as it extends its influence from the Sunshine State to the heart of the nation’s capital. Leading the charge in D.C. are Daniel Diaz-Balart and Chase Kro

Joseph Moinian Completes Payment of More Than $630M in Bonds Raised on Tel Aviv Stock Exchange

Lastest from Businesswire - Fri, 01/17/2025 - 09:29
MANHATTAN, N.Y.--(BUSINESS WIRE)--Joseph Moinian, CEO and Founder of The Moinian Group, has announced the full payment of over $630 million in principal and interest on bonds issued through Moinian Limited, the company’s publicly reporting subsidiary on the Tel Aviv Stock Exchange (TASE). The successful repayment demonstrates The Moinian Group’s financial resilience and industry leadership, even amidst challenging market conditions over the past decade, including the economic disruptions caused

Instabase Announces $100M Series D

Lastest from Businesswire - Fri, 01/17/2025 - 09:29
SAN FRANCISCO--(BUSINESS WIRE)-- #AI--Instabase, a leading applied artificial intelligence (AI) solution for unstructured data, today announced its $100 Million Series D. This latest round was led by QIA, with participation from existing investors Greylock Partners, NEA, Andreessen Horowitz, and Index Ventures. Founded in 2015 - a pioneer in unstructured data management - Instabase will direct this new capital to furthering the automation, analysis, and search capabilities of its unstructured data pl

Boston Omaha Corporation Announces Appointment of David S. Graff to Board of Directors

Lastest from Businesswire - Fri, 01/17/2025 - 09:29
OMAHA, Neb.--(BUSINESS WIRE)--Boston Omaha Corporation (NYSE: BOC) (“Boston Omaha” or the “Company”) today announced the appointment of David S. Graff to the Boston Omaha Corporation Board of Directors, effective immediately. Mr. Graff will serve as Chair of the Audit Committee and a member of the Compensation Committee. "We are thrilled to welcome David Graff as a member of the Board of Directors of Boston Omaha," said Adam K. Peterson, chairman and chief executive officer of Boston Omaha. "Da

AlTi Global, Inc. to Participate in Upcoming UBS Financial Services Conference and BofA Securities US Financial Services Conference

Lastest from Businesswire - Fri, 01/17/2025 - 09:29
NEW YORK--(BUSINESS WIRE)--AlTi Global, Inc. (NASDAQ: ALTI) (“AlTi” or the “Company”), a leading independent global wealth manager with over $77 billion in combined assets, today announced that Michael Tiedemann, Chief Executive Officer, and Stephen Yarad, Chief Financial Officer, will participate in and host meetings at the UBS Financial Services Conference in Key Biscayne, Florida, on Tuesday, February 11. The following day, Wednesday, February 12, 2025, Michael Tiedemann and Stephen Yarad wi

The Bancorp, Inc. Sets Fourth Quarter and Fiscal 2024 Financial Results Release Date and Conference Call

Lastest from Businesswire - Fri, 01/17/2025 - 09:29
WILMINGTON, Del.--(BUSINESS WIRE)--The Bancorp, Inc. (“Bancorp”) (Nasdaq: TBBK) today announced that it will release its fourth quarter and fiscal 2024 financial results after market hours on Thursday, January 30, 2025, and invites investors and other interested parties to listen to its earnings results conference call on Friday, January 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

BTIG to Donate $1 Million to Los Angeles Wildfire Recovery Efforts

Lastest from Businesswire - Fri, 01/17/2025 - 09:29
NEW YORK--(BUSINESS WIRE)--BTIG announced today that it will commit to donating $1 million dollars to wildfire relief and restoration efforts in Los Angeles, California. The funds will be donated to reputable organizations dedicated to the extensive rebuilding efforts needed after the unprecedented and tragic wildfires. “Natural disasters can strike at any time, revealing the vulnerabilities of even the most developed communities,” noted Steven Starker, Co-Founder of BTIG. “We are committed to

Benefit Street Partners L.L.C. Announces Closing of a $135 Million Loan Package on The Empire Hotel

Lastest from Businesswire - Fri, 01/17/2025 - 09:29
NEW YORK--(BUSINESS WIRE)--Benefit Street Partners L.L.C. (“BSP” or the “Company”) today announced the closing of a $120 million senior loan and a $15 million mezzanine loan, together aggregating a $135 million loan package, facilitating the refinancing of the Empire Hotel. The Empire Hotel is a 427-key hotel located in the Upper West Side neighborhood of Manhattan, NY. The property was built in 1901 and underwent a comprehensive renovation in 2013. BSP allocated the loans across its commercial

Glancy Prongay & Murray LLP Announces Investigation of Ocean Power Technologies, Inc. (OPTT)

Lastest from Businesswire - Fri, 01/17/2025 - 09:29
NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Ocean Power Technologies, Inc. (NYSE: OPTT) concerning the Company and its directors’ and officers’ possible violations of state laws. If you own Ocean Power Technologies stock, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Tom Kennedy, of GPM, 230 Park Avenue, Suite 358, New

Glancy Prongay & Murray LLP Announces Investigation of Greenwich LifeSciences, Inc. (GLSI)

Lastest from Businesswire - Fri, 01/17/2025 - 09:29
NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Greenwich LifeSciences, Inc. (NASDAQ: GLSI) concerning the Company and its directors’ and officers’ possible violations of state laws. If you own Greenwich LifeSciences stock, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Tom Kennedy, of GPM, 230 Park Avenue, Suite 358, New Yo

Jefferies Clients, Shareholders and Employees Contribute $10 Million to Charities Supporting Los Angeles Wildfire Relief

Lastest from Businesswire - Fri, 01/17/2025 - 09:29
NEW YORK & LONDON & HONG KONG--(BUSINESS WIRE)--Jefferies announced today that it will donate $10 million to charities providing aid for first responders and the people and communities impacted by the wildfires across Los Angeles. The donation includes funds from Jefferies, voluntary contributions from its nearly 6,000 worldwide employees, and proceeds from the firm’s January 16 Doing Good Global Trading Day, which set aside 100% of net global trading commissions for charities. Rich Handler, CE

Southlake Financial Group Expands Footprint with Acquisition of Nevada General Insurance Company

Lastest from Businesswire - Fri, 01/17/2025 - 09:29
DALLAS--(BUSINESS WIRE)--Southlake Financial Group (“Southlake” or “Company”) a Texas-based, technology and data driven insurance platform that offers insurance infrastructure as a service, licensed across all 50 states, has announced the successful acquisition of Nevada General Insurance Company (“Nevada General”) from Western National Mutual Insurance Company. Nevada General is a property and casualty insurer licensed to operate across multiple Western U.S. states. Southlake’s recent acquisit

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