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Milliman analysis: Corporate pensions close 2024 at 105% funded thanks to rising discount rates

Wed, 01/08/2025 - 12:44
SEATTLE--(BUSINESS WIRE)--Milliman, Inc., a premier global consulting and actuarial firm, today released the 2024 year-end results of its Milliman 100 Pension Funding Index (PFI), which analyzes the 100 largest U.S. corporate pension plans. The funded ratio of the Milliman PFI plans saw significant improvement in 2024, rising from 99.5% at the end of 2023 to 105.0% as of December 31, 2024. A 59-basis-point increase in discount rates for the year, up to 5.59% at the end of December, drove this r

KBRA Assigns Preliminary Ratings to Lendbuzz Securitization Trust 2025-1

Wed, 01/08/2025 - 12:44
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to four classes of notes issued by Lendbuzz Securitization Trust 2025-1 (“LBZZ 2025-1”), an auto loan ABS transaction. The preliminary ratings reflect the initial credit enhancement levels ranging from 22.20% for the Class A notes to 5.75% for the Class C notes. Credit enhancement on the notes is comprised of overcollateralization, subordination of junior note classes (except for the Class C notes), a cash reserve account funded at clo

Diversity, Innovation, and Discovery Lead the Way at the NY NOW 2025 Winter Market

Wed, 01/08/2025 - 12:44
NEW YORK--(BUSINESS WIRE)--NY NOW, the leading wholesale trade show for gift, home, and accessories, today unveiled its dynamic exhibitor roster for the highly anticipated 2025 Winter Market. Taking place at the Jacob Javits Center from February 2–4, 2025, this year’s event will offer an unparalleled marketplace where iconic legacy brands and innovative newcomers converge, creating a destination for discovery, creativity, and meaningful connections. As the premier wholesale event for brands loo

Opportune LLP Announces Promotions to the Leadership Team

Wed, 01/08/2025 - 12:44
HOUSTON--(BUSINESS WIRE)-- #BusinessNews--Opportune LLP, a leading global business advisory firm, is pleased to announce the promotions of Maggie Caldwell to Managing Director in Tax and Patrick Long to Principal in Process & Technology. Maggie Caldwell has been a vital member of the firm’s Tax Advisory team, bringing over ten years of experience in providing innovative solutions to clients. Her expertise encompasses mergers and acquisitions, initial public offerings (IPOs), and tax optimization related to

Lincoln Financial Releases Its Q1 Market Intel Exchange, Highlighting Top Investment Trends on the Minds of Investors

Wed, 01/08/2025 - 12:44
RADNOR, Pa.--(BUSINESS WIRE)--Lincoln Financial (NYSE: LNC) released its first quarter edition of Market Intel Exchange, curated from the company’s in-house investment expertise and in partnership with industry-leading asset managers. The report provides insight into key economic and market trends likely to be top of mind for investors in 2025. Key insights include: The Fed is supportive, but rate cut expectations are shifting: The Federal Reserve’s summary of economic projections released in D

SHOT Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Safety Shot, Inc. Is Fair to Shareholders

Wed, 01/08/2025 - 12:44
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Safety Shot, Inc. (NASDAQ: SHOT) and Yerbaé Brands Corp. is fair to Safety Shot shareholders. Upon completion of the proposed transaction, Safety Shot shareholders are expected to own approximately 75.8% of the combined company. Halper Sadeh encourages Safety Shot shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper a

Fractional Services Firm 512Financial Acquires AustinPeopleWorks, Expanding HR and Recruiting Service Capabilities

Wed, 01/08/2025 - 12:44
AUSTIN, Texas--(BUSINESS WIRE)--Fractional business services leader 512Financial announces today the acquisition of AustinPeopleWorks (APW), a respected HR and recruiting firm serving growing businesses and nonprofits throughout the United States and internationally. This strategic acquisition expands 512Financial’s overall HR capacity and client list while boosting service offerings to include recruiting and talent sourcing. Since its founding in 2022, 512Financial has experienced steady quart

SBLI Partners with Swiss Re to Enhance Underwriting Innovation with Ease

Wed, 01/08/2025 - 12:44
WOBURN, Mass.--(BUSINESS WIRE)--SBLI (The Savings Bank Mutual Life Insurance Company of Massachusetts) announced it has partnered with Swiss Re, a leading global reinsurer, to empower its life underwriters with Swiss Re’s Underwriting Ease solution, a state-of-the-art digital tool that summarizes key aspects of risks to underwriters, accelerating decisioning beyond automation. “Swiss Re’s Underwriting Ease puts actionable information at the underwriters’ fingertips,” said Jim Morgan, president

Shoppers and Retailers See Benefits from AI in the Store, SPAR Group Survey Shows

Wed, 01/08/2025 - 12:44
AUBURN HILLS, Mich.--(BUSINESS WIRE)--Consumers want AI in Retail to be used for delivering value and personalization; Retailers see several benefits from AI already

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

Wed, 01/08/2025 - 12:44
MINNEAPOLIS--(BUSINESS WIRE)--Deluxe (NYSE: DLX), a trusted Payments and Data company, has received a score of 100 on the Human Rights Campaign Foundation’s (HRCF) 2025 Corporate Equality Index, the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. Deluxe joins the 765 U.S. businesses that will be honored with HRCF’s Equality 100 Award as Leaders in LGBTQ+ Workplace Inclusion. This year’s CEI includes 1,449 business

Bailard Clears Redemption Queue and Expands Team for 2025 Growth

Wed, 01/08/2025 - 12:44
SAN FRANCISCO--(BUSINESS WIRE)--Bailard advances its efforts to seize opportunities in the evolving real estate market. With a disciplined investment approach and an expanded team, the Bailard Real Estate Fund is positioned for growth in the year ahead. In the fourth quarter of 2024, the Fund fulfilled all outstanding redemption requests, demonstrating its commitment to effective liquidity management while maintaining focus on strategic priorities. Also during the quarter, Bailard strengthened

70% of the NRF’s Top 100 Retailers Trust UKG to Help Build Better People Experiences

Wed, 01/08/2025 - 12:44
LOWELL, Mass. & WESTON, Fla.--(BUSINESS WIRE)--UKG, a leading provider of HR, payroll, workforce management, and culture solutions, today announced it will take the main stage at the National Retail Federation’s (NRF) 2025 Retail's Big Show, on January 12 in New York City. Michael C. Bush, CEO of UKG’s Great Place To Work, will deliver a keynote session alongside Brian Cornell, CEO of Target, and two of Target’s leaders to discuss the critical role of team and culture in navigating volatility a

Air Lease Corporation Activity Update for the Fourth Quarter of 2024

Wed, 01/08/2025 - 06:44
LOS ANGELES--(BUSINESS WIRE)--Today Air Lease Corporation (NYSE: AL) announced an update on aircraft investments, sales, and significant financing activities occurring in the fourth quarter of 2024. As of December 31, 2024, ALC’s fleet was comprised of 489 owned aircraft and 60 managed aircraft, with 269 new aircraft on order from Airbus and Boeing set to deliver through 2029. Aircraft Investments Delivered 18 new aircraft from ALC’s orderbook including eight Airbus A220s, three Airbus A321neos

Trio-Tech International Engages PondelWilkinson to Enhance Investor Communications

Wed, 01/08/2025 - 06:44
VAN NUYS, Calif.--(BUSINESS WIRE)--Trio-Tech International (NYSE MKT: TRT), a comprehensive provider of semiconductor back-end solutions and a global value-added supplier of electronic equipment, today announced the appointment of PondelWilkinson Inc. as its new investor relations firm. The engagement underscores Trio-Tech’s commitment to strengthening communication with its shareholders, analysts and the broader investment community. With more than six decades of leadership in the semiconducto

Perfect Corp. Completes Acquisition of Wannaby, Strengthening Its Market Position in Luxury Fashion Tech

Wed, 01/08/2025 - 06:44
NEW YORK--(BUSINESS WIRE)--Perfect Corp. Completes Acquisition of Wannaby, Strengthening Its Market Position in Luxury Fashion Tech

BizCap® Secures Growth Financing for Flavor Insights

Wed, 01/08/2025 - 06:44
SAN FRANCISCO--(BUSINESS WIRE)-- #commercial--BizCap®, a national commercial finance and advisory firm, today announced it has successfully delivered a customized financing solution for its client, Flavor Insights. A flavor development business founded in 2016, the company partners with top food and beverage brands to provide ingredients for existing brands and collaborates with R&D teams to develop and deliver new products. “Working with BizCap® was a truly positive experience from start to finish. Thei

Moloco Strengthens Leadership Team, Hiring Former Airbnb and Google Executive, Iris Chen, as General Counsel

Wed, 01/08/2025 - 06:44
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Moloco, a leader in operational machine learning (ML) and performance advertising, announced that Iris Chen has joined as General Counsel and Corporate Secretary. This addition to Moloco’s executive team underscores the company’s commitment to supporting its rapid growth and expansion into new markets. A seasoned legal executive, Iris Chen brings a wealth of experience in building and leading high-performing legal teams and advising companies navigating co

Experian Achieves Workday Certified Integration to Optimize I-9 Management

Wed, 01/08/2025 - 06:44
COSTA MESA, Calif.--(BUSINESS WIRE)--Experian® today announced it has achieved Workday Certified Integration status for its innovative I-9 Management solution.

dunnhumby RPI Ranks H-E-B as Top U.S. Grocer, Hardened Consumers Turn Away from Retailers Not Offering Savings

Wed, 01/08/2025 - 06:44
CINCINNATI--(BUSINESS WIRE)--dunnhumby, the global leader in customer data science, today released the eighth annual dunnhumby Retailer Preference Index (RPI), a comprehensive, nationwide study that examines the approximately $1 trillion U.S. grocery market. The annual study, that includes a survey of 11,000 U.S. consumers, found that “saving customers money” – through price, promotions, and rewards – is the most important predictor for retailers to have stronger, long-term market success in th

CNEXT Presents: The Inclusive Leadership Journal

Wed, 01/08/2025 - 06:44
ATLANTA--(BUSINESS WIRE)--CNEXT, a cutting-edge leadership development and executive networking firm that enables Fortune-ranked companies to build inclusive pipelines of exceptional leaders, has published its Inclusive Leadership Journal. The journal features insights from Fortune-ranked leaders, inclusion experts, and CNEXT executives on how inclusive leadership transforms organizations for future growth. Inclusive leadership is a powerful driver of impactful business results. It focuses on a

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