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Sculptor Launches Captive CLO Equity Platform with Anchor Commitment from Rithm Capital

Lastest from Businesswire - Thu, 04/18/2024 - 10:38
NEW YORK--(BUSINESS WIRE)--Sculptor Capital Management, Inc. (“Sculptor”) today announced the launch of Sculptor Loan Financing Partners, the firm’s captive CLO equity investment platform, anchored by a commitment from Rithm Capital Corp. (NYSE: RITM; “Rithm”). Sculptor Loan Financing Partners will manage investments in the equity tranches of Sculptor managed CLOs in the US and Europe, and expands the firm’s Institutional Credit Strategies business, which oversees approximately $15 billion in a

Global Processing Standardizes on New Relic

Lastest from Businesswire - Thu, 04/18/2024 - 10:38
SAN FRANCISCO--(BUSINESS WIRE)-- #ai--New Relic, the all-in-one observability platform for every engineer, announced that Global Processing, a digital financial services platform that supports global brands like Ualá and powered 2700+ million transactions in 2023, has standardized its observability practice on New Relic. Global processing relies on New Relic AI, an in-platform generative AI assistant for observability, to simplify and scale onboarding and data correlation and as a result, has reduced

Applied Insight Wins Large, Multiyear Artificial Intelligence Development Contract From IC Customer

Lastest from Businesswire - Thu, 04/18/2024 - 10:38
RESTON, Va.--(BUSINESS WIRE)-- #AI--Applied Insight, federal technology leader, wins large, multiyear artificial intelligence development contract from IC customer.

Pivot Health Launches Proprietary Short-Term Medical Insurance Product Underwritten by Pan-American Life Insurance Company

Lastest from Businesswire - Thu, 04/18/2024 - 10:38
NEW YORK--(BUSINESS WIRE)-- #healthinsurance--Pivot Health by HealthCare.com, a leader in technology-enabled health insurance solutions, announced it has partnered with Pan-American Life Insurance Company (PALIC) to market short-term medical (STM) insurance in more than 25 states. “Pivot Health has been a market leader in the short-term medical insurance space since 2016. Our experienced team is eager to expand Pivot’s product portfolio with Pan-American because of its unique positioning that captures the primary

Marie Napoli Honored as a Top Women Leader in Law for 2024 by Women We Admire

Lastest from Businesswire - Thu, 04/18/2024 - 10:38
SAN JUAN, Puerto Rico--(BUSINESS WIRE)-- #MarieNapoli--Napoli Shkolnik partner Marie Napoli has been recognized for her legal achievements by Women We Admire.

OneAZ’s Launch of Credit Flex Auto Program Backed by Open Lending

Lastest from Businesswire - Thu, 04/18/2024 - 10:38
AUSTIN, Texas--(BUSINESS WIRE)--Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, was recently selected by OneAZ Credit Union (“OneAZ”) as their lending enablement solution for automotive loans. The partnership will help OneAZ expand access to auto loans for underserved populations of Arizona while also protecting the assets of its members with deposits from

Ladder Capital Corp to Report First Quarter 2024 Results

Lastest from Businesswire - Thu, 04/18/2024 - 10:38
NEW YORK--(BUSINESS WIRE)--Ladder Capital Corp (NYSE: LADR) (“we,” “Ladder,” or the “Company”) will release its first quarter 2024 results on Thursday, April 25, 2024 before the open of markets that day. The Company will host a conference call and webcast for investors at 10:00 a.m. Eastern Time that day to discuss the financial results. The conference call can be accessed by dialing (877) 407-4018 domestic or (201) 689-8471 international. Individuals who dial in will be asked to identify thems

Nimble CRM and PhoneBurner Forge Partnership to Accelerate Outbound Sales Teams

Lastest from Businesswire - Thu, 04/18/2024 - 10:38
SANTA MONICA, Calif.--(BUSINESS WIRE)-- #CRM--Nimble, the relationship-focused CRM built for the whole company, not just salespeople, is excited to unveil its integration with PhoneBurner. This partnership blends PhoneBurner’s powerful outbound calling with Nimble’s prospecting CRM allowing sales teams to power through their call lists 3-4x faster and reaching up to 80 contacts per hour. "By merging Nimble's innovative CRM capabilities focused on relationship management with PhoneBurner's advanced pow

Prem Watsa Named 2024 Insurance Hall of Fame Laureate

Lastest from Businesswire - Thu, 04/18/2024 - 07:38
NEW YORK--(BUSINESS WIRE)--The International Insurance Society (IIS) has named Prem Watsa of Fairfax Financial Holdings Limited the 2024 Insurance Hall of Fame Laureate.

OFG Bancorp Reports 1Q24 Results

Lastest from Businesswire - Thu, 04/18/2024 - 07:38
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, today reported results for the first quarter ended March 31, 2024. EPS diluted of $1.05 compared to $0.98 in 4Q23 and $0.96 in 1Q23. Total core revenues of $174.2 million compared to $175.6 million in 4Q23 and $164.4 million in 1Q23. CEO Comment José Rafael Fernández, Chief Executive Officer, said: “First quarter EPS-diluted increased 9.4% year-over-year on a 5.9% increase in total

MediaCo Acquires Estrella Media’s Content and Digital Operations

Lastest from Businesswire - Thu, 04/18/2024 - 07:38
NEW YORK & LOS ANGELES--(BUSINESS WIRE)--MediaCo Holding Inc. (Nasdaq: MDIA) (“MediaCo”) today announced that it has acquired all of Estrella Media’s network, content, digital, and commercial operations. Among the Estrella Media brands joining MediaCo are the EstrellaTV network and its influential linear and digital video content business, and Estrella Media’s expansive digital channels, including its four FAST channels – EstrellaTV, Estrella News, Cine EstrellaTV, and Estrella Games – and the

Marsh McLennan Reports First Quarter 2024 Results

Lastest from Businesswire - Thu, 04/18/2024 - 07:38
NEW YORK--(BUSINESS WIRE)--Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, today reported financial results for the first quarter ended March 31, 2024. John Doyle, President and CEO, said: "We had a terrific start to the year, reflecting continued momentum across our business. For the quarter, we generated 9% underlying revenue growth, 14% adjusted EPS growth, and 80 basis points of margin expansion. With this strong start, w

Prime Coalition Announces Trellis Climate to Accelerate Deployment of First-of-a-Kind Climate Projects Through Catalytic Capital

Lastest from Businesswire - Thu, 04/18/2024 - 07:38
CAMBRIDGE, Mass.--(BUSINESS WIRE)--Prime Coalition announced Trellis Climate, an impact-first catalytic capital program that invests in first-of-a-kind climate infrastructure projects.

Ritual Film Co. Premieres Los Angeles Rams Documentary ‘Matthew Stafford: Locked In’

Lastest from Businesswire - Thu, 04/18/2024 - 07:38
LOS ANGELES--(BUSINESS WIRE)--Ritual Film Co.’s collaboration with the Los Angeles Rams (LA Rams), a sports documentary titled Matthew Stafford: Locked In, explores an off-helmet look at the many facets of Matthew Stafford – father, husband, and Super Bowl Champion. Brought to you by director Justin Polk and Summit House’s Ritual Film Co. producers Matt Pfeffer and Steve Cundari, Matthew Stafford: Locked In debuts on April 18 at 8 p.m. ET / 5 p.m. PT on the LA Rams’ digital platforms, local bro

Emerald Holding, Inc. Announces Mandatory Conversion Date for Series A Convertible Participating Preferred Stock

Lastest from Businesswire - Thu, 04/18/2024 - 07:38
NEW YORK--(BUSINESS WIRE)--Emerald Holding, Inc. (NYSE: EEX) (“Emerald”) announced today that it has delivered a notice of mandatory conversion to the holders of its Series A Convertible Participating Preferred Stock (OTC: EEXAP) (the “Series A Preferred Stock”). The notice informs holders of the Series A Preferred Stock that Emerald has exercised its right to mandate that all outstanding shares of the Series A Preferred Stock will be converted (the “Mandatory Conversion”) to shares of Emerald’

Marqeta and Rain Announce Partnership to Deliver Robust Earned Wage Access Through Embedded Finance

Lastest from Businesswire - Thu, 04/18/2024 - 07:38
OAKLAND, Calif.--(BUSINESS WIRE)---- $MQ #embeddedfinance--Marqeta, the global modern card issuing platform enabling some of the world’s most innovative embedded finance solutions, today announced its new partner Rain, a financial wellness benefits provider that helps companies give employees greater control over their finances. Marqeta will power the Rain Card, a branded debit card that will enable employers to disburse earned wages onto the cards seamlessly. Through its strategic partnership with Rain, Marqeta can sc

Cushman & Wakefield Appointed by Standard Chartered Bank to Deliver Property Services across Asia and Global Asset and Transaction Management

Lastest from Businesswire - Thu, 04/18/2024 - 07:38
CHICAGO--(BUSINESS WIRE)--Cushman & Wakefield Appointed by Standard Chartered Bank to Deliver Property Services across Asia and Global Asset and Transaction Management

ASA Gold and Precious Metals Limited Announces Adoption of Discount Management Program

Lastest from Businesswire - Thu, 04/18/2024 - 07:38
PORTLAND, Maine--(BUSINESS WIRE)--ASA Gold and Precious Metals Limited Announces Adoption of Discount Management Program

TELUS International Survey For National Customer Appreciation Day Reveals Consumer Sentiment About the State of Customer Experience

Lastest from Businesswire - Thu, 04/18/2024 - 07:38
VANCOUVER, British Columbia--(BUSINESS WIRE)--Imagine a world where customers literally didn’t have to lift a finger to engage with their favorite brands. Many consumers already use basic voice commands with their phones or home assistants, but voice tech in the age of GenAI is poised to revolutionize customer experiences (CX). By replacing texting and click-based navigation with voice-activated apps that feature the ease and fluidity of natural conversation, brands have the opportunity to prov

Henry Schein Supports The ‘Carry The Load’ Memorial May Campaign For Third Consecutive Year

Lastest from Businesswire - Thu, 04/18/2024 - 07:38
MELVILLE, N.Y.--(BUSINESS WIRE)--Henry Schein, Inc. (Nasdaq: HSIC) today announced that for the third consecutive year it is supporting the Carry The Load® Memorial May campaign, a month-long Memorial Day awareness program providing active ways to connect Americans to the sacrifices made by the U.S. military, veterans, first responders, and their families. Since 2022, Team Schein has walked throughout the country to honor and remember the nation’s fallen heroes. For a recap of last year’s rally

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