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KBRA Releases Research – Federal Student Loan Defaults and Securitized Consumer Credit

Lastest from Businesswire - Fri, 07/18/2025 - 12:05
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases research on recent developments in federal student loan default collection policies and their likely impact on securitized consumer credit fundamentals. The Department of Education (DOE) on April 21 announced it would resume collections on defaulted student loans starting May 5. Although the resumption of collections on defaulted federal student loans presents a clear headwind to consumer credit fundamentals, we do not anticipate a severe or widespread d

BroadStreet Partners Completes Strategic Investment

Lastest from Businesswire - Fri, 07/18/2025 - 09:05
COLUMBUS, Ohio--(BUSINESS WIRE)--BroadStreet Partners (“BroadStreet” or the “Company”) today announced the successful closing of a strategic investment by an investor group led by Ethos Capital (“Ethos”), British Columbia Investment Management Corporation (“BCI”), and White Mountains Insurance Group, Ltd. (“White Mountains”), marking a significant milestone in the Company’s growth trajectory. Accounts advised by T. Rowe Price Investment Management, Inc. also participated. Ontario Teachers’ Pens

Hess Midstream LP Announces Changes to the Board of Directors and Leadership Transition

Lastest from Businesswire - Fri, 07/18/2025 - 09:05
HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES CHANGES TO THE BOARD OF DIRECTORS AND LEADERSHIP TRANSITION

Morgan Stanley Wealth Management Pulse Survey Reveals Surge in Bullishness as the Market Enters Q3 in Positive Territory

Lastest from Businesswire - Fri, 07/18/2025 - 09:05
NEW YORK--(BUSINESS WIRE)--Morgan Stanley Wealth Management today announced the results of its quarterly retail investor pulse survey: Bullishness surged. More than three of five (61%) investors are bullish, up 12 percentage points from last quarter, when the majority were bearish. Investors think the economy is rate-cut ready. Roughly three of five investors (58%) believe the economy is healthy enough for the Fed to cut rates, a 10 percentage point increase from Q2. Inflation is still an issue

Christopher Brolly joins UBS as Financial Advisor in Boston

Lastest from Businesswire - Fri, 07/18/2025 - 09:05
BOSTON--(BUSINESS WIRE)--UBS Global Wealth Management US announced that Christopher Brolly has joined the firm as a Financial Advisor. He joins the UBS Greater New England Market, led by Market Executive James Ducey, and will report to Boston Wealth Management Senior Market Director Robert Covino. “Christopher brings a wealth of experience and a devout commitment to client service with him to UBS,” said Robert Covino. “We are confident that his expertise will greatly benefit our clients and con

Insperity Second Quarter Earnings Conference Call Friday, August 1

Lastest from Businesswire - Fri, 07/18/2025 - 09:05
HOUSTON--(BUSINESS WIRE)--Insperity, Inc. (NYSE: NSP), a leading provider of human resources and business performance solutions for America’s best businesses, will release its second quarter earnings before the opening of the New York Stock Exchange on Friday, August 1, 2025. A teleconference hosted by Insperity’s management will be held at 8:30 a.m. ET to discuss the quarter and business trends. Investors, analysts, media and other interested persons may access the call at 877-545-0523, confer

SONM Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Sonim Technologies, Inc. Is Fair to Shareholders

Lastest from Businesswire - Fri, 07/18/2025 - 09:05
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Sonim Technologies, Inc. (NASDAQ: SONM) to Social Mobile is fair to Sonim shareholders. Halper Sadeh encourages Sonim shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Sonim and its board of directors violated th

Greenidge Generation Announces Expiration and Finals Results of Tender/Exchange Offer for Senior Notes Due 2026

Lastest from Businesswire - Fri, 07/18/2025 - 09:05
PITTSFORD, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (Nasdaq: GREE) (“Greenidge” or the “Company”), a vertically integrated cryptocurrency datacenter and power generation company, today announced final results of its previously announced concurrent offers (collectively, the “Tender/Exchange Offer” or the “Offer”) to exchange or to purchase, at the election of each holder, its outstanding 8.50% Senior Notes due 2026 (the “Old Notes”), as set forth in the Offer to Purchase/Exchang

Pavilion Payments and CasinoSoft Partner to Revolutionize Gaming Payments and Compliance

Lastest from Businesswire - Fri, 07/18/2025 - 09:05
LAS VEGAS--(BUSINESS WIRE)--Pavilion Payments, the leading omnichannel payment solutions provider in the gaming industry, has acquired CasinoSoft, a trusted leader in Anti-Money Laundering (AML)/Title 31 compliance, automated tax form processing, jackpot handling, and regulatory reporting software. Together, they are building a unified solution that simplifies and modernizes gaming operations. “We have put 20 years of our heart and soul into building the CasinoSoft brand and are thrilled with t

Republic Bancorp Reports a 25% Increase in Second Quarter Net Income

Lastest from Businesswire - Fri, 07/18/2025 - 09:05
LOUISVILLE, Ky.--(BUSINESS WIRE)--Republic Bancorp, Inc. (“Republic” or the “Company”) reported second quarter 2025 net income and Diluted Earnings per Class A Common Share (“Diluted EPS”) of $31.5 million and $1.61 per share, representing increases of 25% and 24%, over the $25.2 million and $1.30 per share reported for the second quarter of 2024. As a result, the Company achieved a return on average assets (“ROA”) and a return on average equity (“ROE”) of 1.79% and 11.96% for the second quarte

WisdomTree Announces Private Credit and Alternative Income Fund (HYIN)

Lastest from Businesswire - Fri, 07/18/2025 - 09:05
NEW YORK--(BUSINESS WIRE)--WisdomTree announces the name change of the WisdomTree Alternative Income Fund to the WisdomTree Private Credit and Alternative Income Fund (HYIN).

Fifth Third Named ‘U.S. Best Super-Regional Bank’ by Euromoney For the Second Consecutive Year

Lastest from Businesswire - Fri, 07/18/2025 - 09:05
CINCINNATI--(BUSINESS WIRE)--Fifth Third (NASDAQ: FITB) announced today that it has been recognized by Euromoney’s Awards for Excellence as the “U.S. Best Super-Regional Bank” for the second consecutive year. The Euromoney Awards for Excellence program evaluates bank performance from Jan. 1-Dec. 31, 2024, and recognizes banks that bring the highest level of service, innovation and solutions to their customers. “Earning this award for the second consecutive year reflects Fifth Third’s discipline

UBS hires industry veteran Kathleen Ferraro as Market Director for Greenwich and Stamford, Connecticut

Lastest from Businesswire - Fri, 07/18/2025 - 09:05
GREENWICH, Conn.--(BUSINESS WIRE)--UBS Global Wealth Management US today announced the appointment of Kathleen (Kathy) Ferraro, a seasoned executive with over three decades of experience, as the new Market Director for its Greenwich and Stamford, Connecticut offices. In this role, Kathy will be responsible for leading advisor development, elevating the client experience and advancing strategic growth across these key markets. Kathy brings more than 30 years of leadership and advisory experience

MEFA Provides Essential Guidance for Families Borrowing for College

Lastest from Businesswire - Fri, 07/18/2025 - 09:05
BOSTON--(BUSINESS WIRE)-- #CollegeBill--For many families, a college loan bridges the gap after financial aid between the family’s ability to pay and the full cost of college. With so many options available, it’s easy to get distracted by a low-advertised interest rate, small incentive, or a catchy tagline. That’s why MEFA advises families to look at the whole picture carefully to understand the true cost of borrowing. “It’s critical to weigh not only the interest rates, but all components of any loan, to und

25% Revenue Growth Powers Record 2Q25 Results

Lastest from Businesswire - Fri, 07/18/2025 - 09:05
WESTLAKE, Texas--(BUSINESS WIRE)--The Charles Schwab Corporation reported second quarter core net new assets equal $80.3 billion, up 31% year-over-year.

Faraday X Unveils Two Groundbreaking Global-First Products Along with a Transformative Technology Architecture - the FX Super One EAI-MPV, the FF Super EAI F.A.C.E. System, and the FF EAI Embodied Intelligence AI Agent 6x4 Architecture

Lastest from Businesswire - Fri, 07/18/2025 - 09:05
LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today held the Global unveiling of its much-anticipated FX Super One MPV, the first of a new lineup of affordable mass market EVs for the FX brand. The event also marked a significant milestone officially securing 10034 binding deposits for non-binding pre-orders for the Super One, spann

American Express Delivers Record Second-Quarter Revenue of $17.9 Billion, Up 9% Year-Over-Year, and Earnings Per Share of $4.08

Lastest from Businesswire - Fri, 07/18/2025 - 09:05
NEW YORK--(BUSINESS WIRE)--American Express Company (NYSE: AXP) today reported second-quarter net income of $2.9 billion, compared with net income of $3.0 billion a year ago. Earnings per share was $4.08, down 2 percent from $4.15 a year ago, or up 17 percent excluding the $0.66 gain from the sale of Accertify in the prior year. (Millions, except per share amounts, and where indicated)   Quarters Ended June 30, Percentage Inc/(Dec) Six Months Ended June 30, Percentage Inc/(Dec)   2025 2024 2025

MEFA Provides Essential Guidance for Families Borrowing for College

Lastest from Businesswire - Fri, 07/18/2025 - 09:05
BOSTON--(BUSINESS WIRE)-- #CollegeBill--For many families, a college loan bridges the gap after financial aid between the family’s ability to pay and the full cost of college. With so many options available, it’s easy to get distracted by a low-advertised interest rate, small incentive, or a catchy tagline. That’s why MEFA advises families to look at the whole picture carefully to understand the true cost of borrowing. “It’s critical to weigh not only the interest rates, but all components of any loan, to und

Momentum. Growth. Results. Regions reports second quarter 2025 earnings of $534 million, earnings per diluted share of $0.59; Adjusted earnings(1) of $538 million, adjusted earnings per diluted share(1) of $0.60

Lastest from Businesswire - Fri, 07/18/2025 - 06:05
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Financial Corp. (NYSE:RF) reports Q2 net income available to common shareholders of $534 million, diluted earnings per common share of $0.59.

Weave Announces Date of Second Quarter 2025 Financial Results and Conference Call

Lastest from Businesswire - Fri, 07/18/2025 - 03:05
LEHI, Utah--(BUSINESS WIRE)--Weave (NYSE: WEAV), a leading all-in-one customer experience and payments software platform for small and medium-sized healthcare businesses, today announced it will release its financial results for the second quarter 2025 after U.S. markets close on Thursday, July 31, 2025. Company management will host a conference call and webcast at 4:30 p.m. ET to discuss Weave’s financial results and provide a business update. Individuals interested in listening to the confere

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