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Utz Celebrates 100 Years With “Blow Out The Candles” Sweepstakes and More!

Thu, 06/17/2021 - 14:56
HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. is excited to honor and celebrate its 100 year anniversary of making great tasting, family favorite snack foods for generations and generations. During the Summer and Fall, Utz will mark its centennial anniversary with sweepstakes and promotions, including Utz's Blow Out The Candles Sweepstakes. The Utz story began in Hanover, Pennsylvania, in a small-town kitchen. It was 1921. Bill and Salie Utz thought potato chips could be better. They believed

AM Best Upgrades Credit Ratings of ELCO Mutual Life and Annuity

Thu, 06/17/2021 - 14:56
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has upgraded the Financial Strength Rating to B+ (Good) from B (Fair) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb-” (Good) from “bb+” (Fair) of ELCO Mutual Life and Annuity (ELCO) (Lake Bluff, IL). The outlook of these Credit Ratings (ratings) has been revised to stable from positive. The ratings reflect ELCO’s balance sheet strength, which AM Best assesses as adequate, as well as its strong operating performance, neutral business profi

AM Best Withdraws Credit Ratings of Corporate Solutions Life Reinsurance Company

Thu, 06/17/2021 - 14:56
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Corporate Solutions Life Reinsurance Company (Corporate Solutions) (Wilmington, DE). The outlook of the Credit Ratings (ratings) is stable. Concurrently, AM Best has withdrawn the ratings at the request of the company to no longer participate in AM Best’s interactive rating process. The ratings reflect Corporate Solutions’ balance sheet stren

Opportunity Finance Network Receives Largest Grant in 35-Year History from Wells Fargo

Thu, 06/17/2021 - 14:56
WASHINGTON--(BUSINESS WIRE)-- #cdfis--Opportunity Finance Network (OFN) announced that Wells Fargo is committing a $25 million grant to its Finance Justice Fund to help tackle systemic barriers to capital in communities around the country. Managed by Opportunity Finance Network, the Finance Justice Fund aims to address the racial wealth gap and persistent poverty by delivering financing through community development financial institutions (CDFIs) to Black, Latinx, Native, rural, and other communities wi

Acies Acquisition Corp. Stockholders Approve Proposed Merger With PLAYSTUDIOS

Thu, 06/17/2021 - 14:56
MANHATTAN BEACH, Calif.--(BUSINESS WIRE)--Acies Acquisition Corp. (Nasdaq: ACAC) (“Acies”) announced today that Acies’ shareholders voted to approve its proposed merger with PLAYSTUDIOS, Inc. (“PLAYSTUDIOS” or the “Company”), an award-winning developer of free-to-play casual mobile and social games that offer real-world rewards to loyal players. “We are proud to reach this significant milestone in the merger and would like to thank our shareholders for their support throughout the process,” sai

Procyon Builds Out Procyon Benefits with Addition of Employee Benefits Team

Thu, 06/17/2021 - 14:56
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Procyon Builds Out Procyon Benefits with Addition of Employee Benefits Team

Bridge Investment Group Launches Bridge Logistics Properties

Thu, 06/17/2021 - 14:56
NEW YORK--(BUSINESS WIRE)--Bridge Investment Group LLC (“Bridge”) today announced the launch of its logistics properties strategy (“Bridge Logistics Properties”), which aims to seek price dislocation, operational upside, and innovative redevelopment in markets where there is a confluence of existing and increasing population density, rapid e-commerce adoption, and constrained supply. This experienced and established vertically integrated team aims to pursue a high-volume aggregation strategy, i

Encore Consumer Capital Promotes Kate Wallman to Managing Director

Thu, 06/17/2021 - 14:56
SAN FRANCISCO--(BUSINESS WIRE)--Announcement of Kate Wallman's promotion to MD

Orion Advisor Solutions Breaks New Ground Blending Behavioral Psychology with Award-Winning Advisor Technology

Thu, 06/17/2021 - 14:56
OMAHA, Neb.--(BUSINESS WIRE)--To bridge the ‘behavior gap’ and improve investor outcomes, Orion Advisor Solutions is embedding behavioral finance into its award-winning wealthtech platform. Orion will infuse academic research and behavioral psychology into the technology advisors use every day, including risk profiling and financial planning proposal tools. The first step of this fusion is a new 3D Risk Profile which adds depth to the risk tolerance questionnaire (RTQ) by measuring a third dime

Yieldmo Announces Privacy-First Marketplace

Thu, 06/17/2021 - 14:56
NEW YORK--(BUSINESS WIRE)--Yieldmo, a leading advertising technology company, today announced the debut of its privacy-first marketplace that analyzes the impression, not the audience, to deliver results for future-focused brands. The Privacy-First Marketplace is driven with machine-learning in real time, all with no cookies required. Yieldmo's Smart Exchange harnesses the power of Contextual Reimagined™ by going beyond keywords and content to analyze all the contextual signals available when a

Columbia Threadneedle Investments Gears Up for the 2021 Boston Triathlon as Title Sponsor

Thu, 06/17/2021 - 14:56
BOSTON--(BUSINESS WIRE)--Columbia Threadneedle Investments, a leading global asset manager, today announced that it will again sponsor Boston’s only triathlon. Now in its 12th year, the Columbia Threadneedle Investments Boston Triathlon is a weekend-long event that will bring together athletes of all ages and abilities to compete in Olympic and sprint distance triathlons. Additional information on the race, including COVID-19 protocols, is available at BostonTri.com. Columbia Threadneedle Inves

Nissan Strengthens Commitment to Diversity, Equity and Inclusion; Promotes New Head of Americas Diversity Office

Thu, 06/17/2021 - 14:56
NASHVILLE, Tenn.--(BUSINESS WIRE)--Nissan has announced the promotion of Keri Floyd Kelly to director of Diversity, Equity and Inclusion (DEI) for Nissan Group of North America. Kelly is responsible for developing diversity and inclusion strategies to integrate into the Nissan business, steering the Executive and Advisory Diversity Councils, and cultivating sustained relationships with civic and community leaders and organizations. “Keri’s experience and leadership make her the right person for

Exelon Among Top 100 U.S. Companies Supporting Healthy Families and Communities

Thu, 06/17/2021 - 14:56
CHICAGO--(BUSINESS WIRE)--EXELON AMONG TOP 100 U.S. COMPANIES SUPPORTING HEALTHY FAMILIES AND COMMUNITIES

Morgan Stanley Announces $2 Million Grant to Feeding America ®

Thu, 06/17/2021 - 14:56
NEW YORK--(BUSINESS WIRE)--Morgan Stanley Foundation today announced a donation of $2.12 million to Feeding America®, including a $1.94 million grant to 28 member food banks across the United States to provide families with children the ability to choose from available foods or food boxes at pantries or program sites. The funds will provide a unique opportunity for local food banks to incorporate elements of choice to food distributions, while still maintaining safety protocols due to the coron

KBRA Assigns Rating to Ellington CLO IV, Ltd. In Connection with Refinancing

Thu, 06/17/2021 - 14:56
NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns rating to one class of refinancing notes issued by Ellington CLO IV, Ltd. (Ellington IV), a cash flow collateralized loan obligation (CLO) which initially closed in March 2019. Ellington IV is being amended to refinance to the existing notes. The original Class A, B, C, D-2, and E-2 Notes are being redeemed in accordance with the transaction documents which describe the note refinancing. KBRA’s rating on the original Class A Not

KBRA Assigns Preliminary Ratings to Trinity Rail 2021 LLC, Series 2021-1

Thu, 06/17/2021 - 14:56
NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to Trinity Rail Leasing 2021 LLC, Green Secured Railcar Equipment Notes, Series 2021-1, Class A Notes and Class B Notes issued by Trinity Rail Leasing 2021 LLC (the “Issuer” or “TRL 2021-1”), a railcar leasing securitization. The Issuer is a special purpose entity and a wholly owned subsidiary of TRIP Rail Holdings LLC (“TRIP Rail”) and has been structured to issue multiple series of notes. In January 2021, T

KBRA Assigns Preliminary Ratings to Freddie Mac’s STACR 2021-HQA2

Thu, 06/17/2021 - 11:55
NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to 28 classes from Structured Agency Credit Risk (STACR®) REMIC 2021-HQA2 Notes, Freddie Mac STACR REMIC Trust 2021-HQA2 (STACR 2021-HQA2), a credit risk sharing transaction with a total note offering of $550,000,000. STACR 2021-HQA2 features loans with loan-to-value (LTV) ratios greater than 80%, but less than or equal to 97%. The Offered Notes represent obligations of the STACR 2021-HQA2 Trust in a credit-l

Arch MI Secures Over $616 Million of Indemnity Reinsurance through Bellemeade Re Insurance-Linked Note Transaction and Related Reinsurance

Thu, 06/17/2021 - 11:55
GREENSBORO, N.C.--(BUSINESS WIRE)-- #loanoriginators--Arch Mortgage Insurance Company (Arch MI) announced that it has obtained over $616 million of indemnity reinsurance on a pool representing approximately $36 billion of mortgages from Bellemeade Re 2021-2 Ltd., a special purpose reinsurer. The coverage was obtained by issuing approximately $523 million in bonds and $93 million in direct reinsurance. This transaction largely covers a portfolio of MI policies issued by Arch MI and affiliates from December 2020 th

Scott+Scott Attorneys at Law LLP Investigates Hennessy Capital Acquisition Corp. IV’s Directors and Officers for Breach of Fiduciary Duties – GOEV, HCAC

Thu, 06/17/2021 - 11:55
NEW YORK--(BUSINESS WIRE)-- #Canoo--Scott+Scott Attorneys at Law LLP Investigates Hennessy Capital Acquisition Corp. IV’s Directors and Officers for Breach of Fiduciary Duties–GOEV,HCAC

KBRA Assigns Preliminary Ratings to OBX 2021-NQM2 Trust (OBX 2021-NQM2)

Thu, 06/17/2021 - 11:55
NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to six classes of mortgage pass-through notes from OBX 2021-NQM2 Trust (OBX 2021-NQM2), a $376.0 million non-prime RMBS transaction. The underlying collateral, comprising 619 residential mortgages, is characterized by a notable concentration of alternative income documentation, with approximately 93.5% of the loans underwritten using bank statements, WVOE, DSCR, Asset Depletion, or P&L statements. With re

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