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AM Best Withdraws Credit Ratings of Centerline Insurance Company

Lastest from Businesswire - Tue, 01/07/2025 - 15:44
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of Centerline Insurance Company (Centerline) (headquartered in Knoxville, TN). The outlook of these Credit Ratings (ratings) is stable. Concurrently, AM Best has withdrawn these ratings as the company has requested to no longer participate in AM Best’s interactive rating process. The ratings reflect Centerline’s balance sheet strength, which AM

Deadline Approaching: AstraZeneca PLC (AZN) Investors Who Lost Money Urged To Contact Law Offices of Howard G. Smith

Lastest from Businesswire - Tue, 01/07/2025 - 15:44
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the upcoming February 21, 2025 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased AstraZeneca PLC (“AstraZeneca” or the “Company”) (NASDAQ: AZN) securities between February 23, 2022 and December 17, 2024, inclusive (the “Class Period”). IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN ASTRAZENECA PLC (AZN), CONTACT THE LAW OFFICES OF HOWARD G. SMITH TO PARTICIPATE IN THE

Generational Group Advises Moving Forward, LLC in Its Sale to WellRive

Lastest from Businesswire - Tue, 01/07/2025 - 15:44
DALLAS--(BUSINESS WIRE)--Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of its client, Moving Forward, LLC, to WellRive. The acquisition closed May 1, 2024. Located in Madison, Wisconsin, Moving Forward, LLC, affiliated with the National Association of Senior & Specialty Move Managers®, is renowned for assisting seniors and their families with the complexities of downsizing and relocating in the Madison are

Credit Union Wealth Group Launches Managed Bond Portfolios for Credit Unions’ Part 703 Investments

Lastest from Businesswire - Tue, 01/07/2025 - 15:44
CHICAGO--(BUSINESS WIRE)-- #banking--Credit Union Wealth Group launches its credit union investment management services, offering a suite of managed bond products for credit unions.

Law Offices of Howard G. Smith Encourages Nextracker Inc. (NXT) Investors To Inquire About Securities Fraud Class Action

Lastest from Businesswire - Tue, 01/07/2025 - 15:44
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Nextracker Inc. (“Nextracker” or the “Company”) (NASDAQ: NXT) common stock between February 1, 2024 and August 1, 2024, inclusive (the “Class Period”). Nextracker investors have until February 25, 2025 to file a lead plaintiff motion. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN NEXTRACKER INC. (NXT), CONTACT THE LAW OFFICES OF HOWARD G. SMITH

Thumzup Buys $1 Million in Bitcoin to Diversify Liquid Assets

Lastest from Businesswire - Tue, 01/07/2025 - 15:44
LOS ANGELES--(BUSINESS WIRE)--Thumzup Media Corporation ("Thumzup" or the "Company") (Nasdaq: TZUP), an emerging leader in social media branding and programmatic marketing solutions, today announced that it has purchased 9.783 Bitcoin (“BTC”) for approximately $1 million, at an average price of $102,220 per BTC. Management is requesting authorization from its Board of Directors to hold up to 90% of its liquid assets in BTC for additional, ongoing Bitcoin purchases as part of its Treasury Asset

KBRA Assigns Preliminary Ratings to Verus Securitization Trust 2025-1 (VERUS 2024-1)

Lastest from Businesswire - Tue, 01/07/2025 - 15:44
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to six classes of mortgage pass-through notes from Verus Securitization Trust 2025-1 (VERUS 2025-1), a $553.2 million non-prime RMBS transaction. The underlying collateral, comprised of 1,178 residential mortgages, is characterized by a significant concentration of loans underwritten using alternative income documentation. Borrowers in the subject pool possess a non-zero WA original credit score of 743 and exhibit moderate equity in ea

Media Advisory: FHLB Dallas, Origin Bank and Century Next Bank Award $60K in Grants to Zion Traveler Community Development Inc.

Lastest from Businesswire - Tue, 01/07/2025 - 15:44
RUSTON, La.--(BUSINESS WIRE)--Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas), Origin Bank and Century Next Bank will award a $60,000 grant to Zion Traveler Community Development Inc. Under the Partnership Grant Program, FHLB Dallas member institutions contribute $500 to $5,000 to a nonprofit, which FHLB Dallas matches at a 5:1 ratio to provide up to $25,000 to the organization per member. The awards help promote and strengthen relationships between community-based nonpr

CoreLogic: Northeastern, New England States Continue to Lead US for Annual Home Price Growth in November

Lastest from Businesswire - Tue, 01/07/2025 - 15:44
IRVINE, Calif.--(BUSINESS WIRE)-- #HPI--CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for November 2024. U.S. home price gains remained static since the summer of 2022 in November, but 17 states reached new highs, with the nation as a whole expected to see a new peak this April, as the typically busy homebuying season launches into full swing. The growth comes as Freddie Mac annou

Grove Secures $4.9 Million to Transform Clinical Trials with Agentic AI

Lastest from Businesswire - Tue, 01/07/2025 - 15:44
SAN FRANCISCO--(BUSINESS WIRE)--Grove AI, a next-generation clinical trial management and intelligence company, today announced a $4.9 million seed fundraise led by A*, with participation from Afore Capital, LifeX Ventures, Pear VC, Upfront Ventures, and industry-leading angels. This investment will allow Grove to continue scaling its team and product to redefine clinical trials from siloed operations into participant-centered ecosystems driven by real-time data. Despite their vital role in adv

Eastman Earns Equality 100 Award in Human Rights Campaign Foundation’s 2025 Corporate Equality Index

Lastest from Businesswire - Tue, 01/07/2025 - 12:44
KINGSPORT, Tenn.--(BUSINESS WIRE)--Eastman Chemical Company (NYSE:EMN) has received a score of 100 on the Human Rights Campaign Foundation’s (HRCF) 2025 Corporate Equality Index.

Humana Earns Equality 100 Award in Human Rights Campaign Foundation’s 2025 Corporate Equality Index

Lastest from Businesswire - Tue, 01/07/2025 - 12:44
LOUISVILLE, Ky.--(BUSINESS WIRE)--Humana Earns Equality 100 Award in Human Rights Campaign Foundation’s 2025 Corporate Equality Index

Law Offices of Frank R. Cruz Encourages Nextracker Inc. (NXT) Investors To Inquire About Securities Fraud Class Action

Lastest from Businesswire - Tue, 01/07/2025 - 12:44
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz Encourages Nextracker Inc. (NXT) Investors To Inquire About Securities Fraud Class Action

Law Offices of Frank R. Cruz Encourages Revance Therapeutics, Inc. (RVNC) Investors To Inquire About Securities Fraud Class Action

Lastest from Businesswire - Tue, 01/07/2025 - 12:44
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz Encourages Revance Therapeutics, Inc. (RVNC) Investors To Inquire About Securities Fraud Class Action

KBRA Assigns Preliminary Ratings to Oportun Issuance Trust 2025-A

Lastest from Businesswire - Tue, 01/07/2025 - 12:44
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to five classes of notes issued by Oportun Issuance Trust 2025-A (“OPTN 2025-A”), a $301.167 million consumer loan ABS transaction. OPTN 2025-A is a revolving ABS securitization collateralized by unsecured and secured consumer installment loans originated by Oportun Financial Corporation (“Oportun” or the “Company”). During the 12-month revolving period, eligible loans can be acquired into the securitization trust so long as they compl

Idaho Trust to Acquire Trust and Wealth Management Division of Bank of Idaho

Lastest from Businesswire - Tue, 01/07/2025 - 12:44
BOISE, Idaho--(BUSINESS WIRE)--Idaho Trust Company, a leading provider of trust and wealth management services in Idaho, is pleased to announce its agreement to acquire the Trust and Wealth Management Division of Bank of Idaho. This acquisition is a strategic decision to add experienced professionals, expand Idaho Trust into eastern Idaho and provide a depth of offerings to existing and new clients. The acquisition expands Idaho Trust's footprint in the trust and wealth management space and com

Stewart Announces the Promotion of Chief Underwriting Counsel

Lastest from Businesswire - Tue, 01/07/2025 - 12:44
HOUSTON--(BUSINESS WIRE)--Stewart Information Services Corporation (NYSE:STC) announced today that Wilhelmina Kightlinger has been promoted to Chief Underwriting Counsel for the Stewart Title family of companies. Kightlinger will focus on strengthening the company’s corporate underwriting capacity and growing Stewart’s footprint in underrepresented markets. “World class underwriting is a cornerstone of Stewart’s success, and the role of Chief Underwriting Counsel is crucial in fulfilling our mi

EP Wealth Advisors Expands National Presence Through Acquisition of Executive Wealth Management, LLC

Lastest from Businesswire - Tue, 01/07/2025 - 12:44
TORRANCE, Calif.--(BUSINESS WIRE)--EP Wealth Advisors (“EP Wealth”), a leading fee-only registered investment adviser (“RIA”) with a growing national footprint, has announced the acquisition of Executive Wealth Management, LLC (“EWM”), in Michigan. This partnership establishes EP Wealth’s first offices in Michigan and strengthens the firm’s presence in the Midwest while adding approximately $1.6 billion in assets under management (AUM) and bringing EP’s total AUM to over $31 billion. The partne

Procurify Appoints Chad Gaydos as CEO

Lastest from Businesswire - Tue, 01/07/2025 - 12:44
VANCOUVER, British Columbia--(BUSINESS WIRE)--Procurify appoints accomplished SaaS leader Chad Gaydos as CEO to propel mission and drive its next phase of growth.

Stephens Announces CEO Succession With Third Generation of Family Leadership

Lastest from Businesswire - Tue, 01/07/2025 - 12:44
LITTLE ROCK, Ark.--(BUSINESS WIRE)--Stephens, an independent, family-owned group of financial services firms, announced today that Miles Stephens and John Stephens have been named Co-Chief Executive Officers. They succeed their father, Warren Stephens upon his retirement as President and CEO, effective January 7, 2025. Warren Stephens will retain the title of Chairman. Further, Laura Brookshire (née Stephens), has been named Senior Executive Vice President and Chair of the Executive Committee,

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