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CVS INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of CVS Health Corporation - CVS

Fri, 01/24/2025 - 12:33
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into CVS Health Corporation (“CVS” or the “Company”) (NYSE: CVS). On August 2, 2023, the Company announced its financial results for the quarter ended June 30, 2023, disclosing that it was revising its diluted earnings-per-share ("EPS") guidance range to $6.53 to $6.75 from $6.90 to $7.1

STARBUCKS INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Starbucks Corporation - SBUX

Fri, 01/24/2025 - 12:33
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Starbucks Corporation (“Starbucks” or the “Company”) (NasdaqGS: SBUX). On April 30, 2024, the Company announced its financial results for the second quarter of its fiscal year 2024, disclosing that store sales had declined globally by 4%, with traffic falling 7%, as well as a 2% dec

i3 Verticals Announces Earnings Release and Conference Call Date for First Quarter of Fiscal 2025

Fri, 01/24/2025 - 12:33
NASHVILLE, Tenn.--(BUSINESS WIRE)---- $IIIV--i3 Verticals, Inc. (Nasdaq: IIIV) (“i3 Verticals” or the “Company”), announced today that it will release its financial results for the first quarter ended December 31, 2024, on Thursday, February 6, 2025, after the Nasdaq market close. The Company will also host a conference call on Friday, February 7, 2025, at 8:30 a.m. ET to discuss financial results and operations. To listen to the call live via telephone, participants should dial (844) 887-9399 approximat

AGP Prime Adds Tom Costello as Director of Business Operations and Trading

Fri, 01/24/2025 - 12:33
BOCA RATON, Fla.--(BUSINESS WIRE)--AGP Prime, the prime brokerage services division of A.G.P. / Alliance Global Partners, is pleased to announce the addition of Tom Costello.

1st Colonial Bancorp, Inc. Announces Stock Repurchase Program

Fri, 01/24/2025 - 12:33
MOUNT LAUREL, N.J.--(BUSINESS WIRE)--1st Colonial Bancorp, Inc. Announces Share Repurchase Program

Generational Group Celebrates Its 20th Anniversary

Fri, 01/24/2025 - 12:33
DALLAS--(BUSINESS WIRE)--Generational Group, a leading investment banking firm for privately held businesses, is proud to announce its 20th anniversary. Founded in 2005 by Dr. John Binkley and his son Ryan Binkley—who now serves as CEO—Generational Group has grown from a boutique M&A advisory firm to one of the largest privately held investment banks in the U.S. A recognized industry leader, Generational now operates as a full-service M&A business advisory firm with a suite of offerings

Nymbus Appoints Ed Gross as Chief Product Officer to Lead Product and Innovation at Nymbus

Fri, 01/24/2025 - 12:33
JACKSONVILLE, Fla.--(BUSINESS WIRE)-- #finserv--Nymbus, Inc. Appoints Ed Gross as Chief Product Officer to Lead Product and Innovation at Nymbus

AM Best Affirms Credit Ratings of Hong Leong Insurance (Asia) Limited

Fri, 01/24/2025 - 12:33
HONG KONG--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Hong Leong Insurance (Asia) Limited (HLIA). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect HLIA’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management. HLIA’s very strong balance sheet st

AM Best Affirms Credit Ratings of Fubon Insurance Vietnam Co., Ltd.

Fri, 01/24/2025 - 12:33
SINGAPORE--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of B++ (Good), the Long-Term Issuer Credit Rating of “bbb+” (Good) and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional) of Fubon Insurance Vietnam Co., Ltd. (Fubon Vietnam) (Vietnam). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Fubon Vietnam’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profil

New Frontier Launches Next-Generation Dividend Income Indices with VettaFi and Franklin Templeton

Fri, 01/24/2025 - 12:33
BOSTON--(BUSINESS WIRE)--New Frontier Advisors, LLC, a global leader in portfolio optimization and an ETF investing pioneer, announces the launch of two next-generation dividend income indices: the VettaFi New Frontier US Dividend Select Index and the VettaFi New Frontier International Dividend Select Index. This groundbreaking initiative, developed in collaboration with VettaFi and Franklin Templeton, represents a significant advancement in dividend-focused investing. "Our collaboration with V

Wedgewood Names Dr. Rae Hutchins as Chief Veterinary Officer

Fri, 01/24/2025 - 12:33
SWEDESBORO, N.J.--(BUSINESS WIRE)-- #AnimalHealth--Wedgewood, the nation’s largest provider of compounded veterinary medications and pharmacy solutions, proudly announces Dr. Rae Hutchins, DVM, DACVIM (SAIM), as its inaugural Chief Veterinary Officer. This milestone appointment highlights Wedgewood’s commitment to strengthening its partnership with veterinarians and advancing the standard of care in veterinary medicine. “Dr. Hutchins is an exceptional leader whose expertise and dedication to veterinary care wi

AM Best Affirms Credit Ratings of Fubon Insurance Co., Ltd.

Fri, 01/24/2025 - 12:33
HONG KONG--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Fubon Insurance Co., Ltd. (Fubon Insurance) (Taiwan). The outlook of these Credit Ratings (ratings) is negative. The ratings reflect Fubon Insurance’s balance sheet strength, which AM Best assesses as adequate, as well as its adequate operating performance, favourable business profile and appropriate enterprise risk management. The ratings

AM Best Removes From Under Review With Negative Implications and Affirms Credit Ratings of Oxford Insurance Companies’ Members

Fri, 01/24/2025 - 12:33
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of the members of Oxford Insurance Companies (Oxford). The outlook assigned to these Credit Ratings (ratings) is stable. See below for a detailed listing of members and ratings. The ratings reflect Oxford’s balance sheet strength, which AM Best assesses as very

Valley Companies Celebrates 90 Years of Service and Family Legacy

Fri, 01/24/2025 - 12:33
HUDSON, Wis.--(BUSINESS WIRE)--Valley Companies, a North American logistics provider, is thrilled to announce its 90th anniversary—marking nearly a century of innovation, growth and an unwavering commitment to service and family. Founded in 1935 by Norman “Grandpa” Gilbert, with the motto “You call. We haul,” the company has grown from humble beginnings into a leading provider of customized logistics and supply chain solutions. “This milestone is a testament to the values instilled by Grandpa N

AM Best Downgrades Credit Ratings of Berking Re Limited; Places Credit Ratings Under Review With Negative Implications

Fri, 01/24/2025 - 09:33
HONG KONG--(BUSINESS WIRE)--AM Best has downgraded the Financial Strength Rating to B- (Fair) from B (Fair) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bb-” (Fair) from “bb+” (Fair) of Berking Re Limited (Berking Re) (Bermuda). Concurrently, AM Best has placed these Credit Ratings (ratings) under review with negative implications. The ratings reflect Berking Re’s balance sheet strength, which AM Best assesses as adequate, as well as its adequate operating performance, limited bus

Top Ranking First Trust RBA American Industrial Renaissance® ETF Reaches New Milestones in Growth and Performance over its 10+ Year History

Fri, 01/24/2025 - 09:33
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“First Trust”), a leading ETF provider and asset manager, announced that the First Trust RBA American Industrial Renaissance® ETF (NASDAQ: AIRR) has reached over $3 billion in net assets as of 1/6/2025 and continues to be a top performing fund. AIRR seeks investment results that correspond generally to the price and yield (before the fund’s fees and expenses) of an equity index called the Richard Bernstein Advisors American Industrial R

Oregon Bancorp Announces Fourth Quarter and Full-Year 2024 Financial Results

Fri, 01/24/2025 - 09:33
SALEM, Ore.--(BUSINESS WIRE)--Oregon Bancorp, Inc. (OTCBB: ORBN) (the “Company”), the parent company of Willamette Valley Bank, today reported financial results for the fourth quarter and full year ended December 31, 2024. Fourth-Quarter 2024 Results For the fourth quarter of 2024, the Company reported net income of $873,000, or $0.35 per share. This reflects a return on average assets of 0.7% and a return on average equity of 4.7%. In comparison, for the quarter ending September 30, 2024, the

AM Best Affirms Credit Ratings of Meiji Yasuda Life Insurance Company

Fri, 01/24/2025 - 09:33
HONG KONG--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” (Superior) of Meiji Yasuda Life Insurance Company (Meiji Yasuda) (Japan). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Meiji Yasuda’s balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, favourable business profile and appropriate enterprise risk management. Meiji Yasud

Blackstone Energy Transition Partners to Acquire Potomac Energy Center

Fri, 01/24/2025 - 09:33
LOUDOUN COUNTY, Va. & NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) announced today that Blackstone Energy Transition Partners (“Blackstone”) have agreed to acquire Potomac Energy Center (“Potomac”), a 774-megawatt natural gas power plant in Loudoun County, Virginia. The transaction represents Blackstone’s most recent investment in the power infrastructure supporting data centers and AI revolution – one of the firm’s highest-conviction areas. The Northern Virginia region currently represents

Modives and Connexion Mobility Partner to Bring Cutting-Edge Identity and Insurance Verification to Automotive Industry

Fri, 01/24/2025 - 09:33
CHARLOTTE, N.C.--(BUSINESS WIRE)-- #autoservice--Today Modives and Connexion Mobility announced an exciting new partnership to introduce identity and insurance verification into the automotive industry. Starting with courtesy transportation, Connexion Mobility’s thousands of dealership customers can now redefine their courtesy fleet risk management in a space exposed to tough-to-manage losses and increased regulation. According to Point Predictive, outdated verification processes enabled synthetic fraud to dr

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