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Vroom Announces First Quarter 2025 Results

Lastest from Businesswire - Wed, 05/14/2025 - 17:33
NEW YORK--(BUSINESS WIRE)--Vroom, Inc. (Nasdaq:VRM) today announced financial results for the first quarter ended March 31, 2025. HIGHLIGHTS OF FIRST QUARTER 2025 $66.9 million consolidated total available liquidity(1) as of March 31, 2025 $14.6 million cash and cash equivalents as of March 31, 2025 $27.3 million of liquidity available to UACC under the warehouse credit facilities $25.0 million of available liquidity from line of credit secured in March 2025 by residual certificates, further st

AM Best Removes From Under Review With Negative Implications and Downgrades Credit Ratings of American Heritage Life Insurance Company

Lastest from Businesswire - Wed, 05/14/2025 - 17:33
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has removed from under review with negative implications and downgraded the Financial Strength Rating to A (Excellent) from A+ (Superior) and the Long-Term Issuer Credit Rating to “a+” (Excellent) from “aa-” (Superior) of American Heritage Life Insurance Company (American Heritage) (Jacksonville, FL). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect American Heritage’s balance sheet strength, which AM Best assesses as

Northern Trust Leaders to Participate in Morgan Stanley 2025 U.S. Financials, Payments & CRE Conference

Lastest from Businesswire - Wed, 05/14/2025 - 17:33
CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation announced today that Chief Financial Officer David Fox and President of Asset Servicing Teresa Parker will participate in the Morgan Stanley 2025 U.S. Financials, Payments & Commercial Real Estate Conference in New York City on Tuesday, June 10, 2025, at 3:15 p.m. (ET). A live webcast of the event may be accessed via Northern Trust's website (www.northerntrust.com) in the investor relations section. A replay will be available for approxim

Slide Secures $250 Million Cat Bond with Closing of Purple Re Ltd. 2025-1

Lastest from Businesswire - Wed, 05/14/2025 - 17:33
TAMPA, Fla.--(BUSINESS WIRE)--Slide Insurance today announced it has finalized pricing for its $250 million Purple Re Ltd. (Series 2025-1) catastrophe (cat) bond. This was the fourth and largest cat bond offering sponsored by Slide to date, exceeding the previous largest offering by $40 million. The Series 2025-1 cat bond was offered in two separate fully collateralized classes of $125 million, with the Class A notes priced at 7.25% and the Class B notes priced at 7.75%, both within the lower h

Ibotta Reports First Quarter 2025 Financial Results

Lastest from Businesswire - Wed, 05/14/2025 - 17:33
DENVER--(BUSINESS WIRE)--Ibotta Reports First Quarter 2025 Financial Results

NYSE American to Commence Delisting Proceedings Against Graphex Group Limited (GRFX)

Lastest from Businesswire - Wed, 05/14/2025 - 17:33
NEW YORK--(BUSINESS WIRE)--NYSE American LLC (“NYSE American” or the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the American depositary shares (“ADSs”), each representing twenty ordinary shares of Graphex Group Limited (the “Company”) ─ ticker symbol GRFX ─ from the Exchange. Trading in the Company’s ADSs on the NYSE American will be suspended immediately. NYSE Regulation reached its decision that the Company is no longer suita

NYSE American to Commence Delisting Proceedings Against Pineapple Financial Inc. (PAPL)

Lastest from Businesswire - Wed, 05/14/2025 - 17:33
NEW YORK--(BUSINESS WIRE)--NYSE American LLC (“NYSE American” or the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the common shares of Pineapple Financial Inc. (the “Company”) — ticker symbol PAPL — from NYSE American. Trading in the Company’s common shares will be suspended immediately. NYSE Regulation has determined that the Company is no longer suitable for listing pursuant to Section 1003(f)(v) of the NYSE American Company Gu

Nova Advisory Acquires TLC Technologies

Lastest from Businesswire - Wed, 05/14/2025 - 17:33
CHICAGO--(BUSINESS WIRE)-- #investmentbanking--Nova Advisory Acquires TLC Technologies

KBRA Assigns AAA Rating to Massachusetts Bay Transportation Authority Senior Sales Tax Bonds, 2025 Series A and Senior Sales Tax Bonds, 2025 Series B; Affirms Related Ratings

Lastest from Businesswire - Wed, 05/14/2025 - 17:33
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term rating of AAA to the Massachusetts Bay Transportation Authority Senior Sales Tax Bonds, 2025 Series A and Senior Sales Tax Bonds, 2025 Series B. KBRA additionally affirms the long-term rating of AAA for the Authority's outstanding Senior Sales Tax Bonds and AA+ for the Authority's Subordinated Sales Tax Bonds (USDOT Loan). The rating Outlook is Stable. Key Credit Considerations The rating actions reflect the following key credit considerations

United Bankshares Declares Second Quarter Dividend

Lastest from Businesswire - Wed, 05/14/2025 - 17:33
WASHINGTON & CHARLESTON, W.Va.--(BUSINESS WIRE)--United Bankshares Declares Second Quarter Dividend

KBRA Assigns Preliminary Ratings to OBX 2025-NQM8 Trust

Lastest from Businesswire - Wed, 05/14/2025 - 17:33
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to six classes of mortgage-backed notes from OBX 2025-NQM8 Trust, a $595.6 million non-prime RMBS transaction. The underlying collateral, comprising 1,099 residential mortgages, is characterized by a notable concentration of alternative income documentation (85.7%) loans. A majority of the loans are classified as non-qualified mortgages (Non-QM) (45.0%) or exempt (44.3%) from the Ability-to-Repay/Qualified Mortgage (ATR/QM) rule due to

Intellicheck To Present at the Ladenburg Thalmann Technology EXPO25

Lastest from Businesswire - Wed, 05/14/2025 - 14:33
MELVILLE, N.Y.--(BUSINESS WIRE)---- $IDN #InvestorRelations--Intellicheck, Inc. (Nasdaq: IDN), an industry-leading identity company delivering proprietary on-demand digital and physical identity validation solutions, today announced that CEO Bryan Lewis will present at the Ladenburg Thalmann Technology EXPO25 in New York City on Wednesday, May 21, 2025. Joining him at the conference will be CFO Adam Sragovicz. Investors interested in attending the event and seeing CEO Lewis’ presentation and those who wish to schedule one

Upstart Showcases AI Breakthroughs and Business Momentum at Inaugural 'AI Day'

Lastest from Businesswire - Wed, 05/14/2025 - 14:33
NEW YORK--(BUSINESS WIRE)--Upstart Showcases AI Breakthroughs and Business Momentum at Inaugural “AI Day”

Great American Insurance Group Announces the Promotion of Daniel M. Keenan to Divisional President, Trucking   

Lastest from Businesswire - Wed, 05/14/2025 - 14:33
CINCINNATI--(BUSINESS WIRE)--Great American is pleased to announce the promotion of Daniel Keenan to Divisional President within its Trucking Division, effective June 2, 2025.

AM Best to Participate in Natural Catastrophe Discussion at St. John’s University’s 2025 Insurance Regulation Conference

Lastest from Businesswire - Wed, 05/14/2025 - 14:33
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best Senior Director Carlos Wong-Fupuy will participate in a panel discussion on the impact of natural catastrophes during the 2025 Insurance Regulation Conference, which is scheduled for Tuesday, May 20, 2025, in New York, NY. The event is being hosted by the Center for the Study of Insurance Regulation that is part of The Maurice R. Greenberg School of Risk Management, Insurance and Actuarial Science at St. John’s University. The focus of this year’s event i

Rivers Casino and Rush Street Gaming Double Down on Education

Lastest from Businesswire - Wed, 05/14/2025 - 14:33
CHICAGO--(BUSINESS WIRE)--Congratulations, Class of 2025! Commencement season is here, with colleges and universities across the U.S. celebrating new graduates and their achievements. But with the rewards of a college degree often come the long-term burdens of student debt. Higher education analysts estimate it can take anywhere from 10 to 30 years to repay student loans, depending on the amount borrowed and the repayment plan. To help lighten that load, Rush Street Gaming is offering a head st

Irenic Expresses Governance Concerns Pertaining to Forward Air Corporation

Lastest from Businesswire - Wed, 05/14/2025 - 14:33
NEW YORK--(BUSINESS WIRE)--Irenic Capital Management, LP (collectively with its affiliates, “Irenic” or “we”) today issued the below statement regarding Forward Air Corporation (NASDAQ: FWRD) (“Forward Air” or the “Company”). Irenic intends to vote against certain legacy members of Forward Air’s Board of Directors (the “Board”) at the 2025 Annual Meeting of Shareholders (“Annual Meeting”). "Based on Irenic’s independent analysis, we agree with Ancora Holdings Group’s decision to withhold suppor

Coca-Cola Beverages Florida Recognized as a 2025 US Best Managed Company

Lastest from Businesswire - Wed, 05/14/2025 - 14:33
TAMPA, Fla.--(BUSINESS WIRE)--Coca-Cola Beverages Florida, LLC (Coke Florida) is proud to announce it has been selected as a 2025 US Best Managed Companies Gold Standard Winner, which honors organizations that have been recognized for four or more years as US Best Managed Companies. Sponsored by Deloitte Private and The Wall Street Journal, the award recognizes the achievements of US private companies and their management teams. “Being selected as a US Best Managed Company for the fourth year i

American Tax Service Offers Expert Guidance, Flexible Payment Solutions, and Peace of Mind for Taxpayers Facing IRS Debt

Lastest from Businesswire - Wed, 05/14/2025 - 14:33
LAS VEGAS--(BUSINESS WIRE)-- #americantax--American Tax Service, a trusted name in personal and business tax resolution, has helped individuals and small business owners across the country address unresolved tax debt. As IRS enforcement efforts intensify and penalties accumulate, American Tax Service provides expert guidance, personalized solutions, and a path toward financial freedom for those struggling with back taxes. More than 11 million Americans currently owe back taxes to the IRS, often due to job los

Wells Fargo Launches $20 Million Open for Business Growth Program

Lastest from Businesswire - Wed, 05/14/2025 - 14:33
SAN FRANCISCO--(BUSINESS WIRE)-- #cdfis--Wells Fargo & Company (WFC) today announced Open for Business Growth, a new $20 million philanthropic program where nonprofits enable small business owners ready to scale operations or grow revenue. Launching first in Chicago, the program will expand to other markets across the U.S. in the coming year. “We’re focused on reaching the ‘missing middle’ of the small business community with this program,” said Darlene Goins, head of Philanthropy and Community Impa

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