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FINRA Foundation Releases State-by-State Financial Knowledge Findings
WASHINGTON--(BUSINESS WIRE)--The FINRA Investor Education Foundation (FINRA Foundation) released today preliminary findings from the National Financial Capability Study, which will be published in July. The FINRA Foundation is previewing the data this month—National Financial Capability Month—to provide insight into the overall financial knowledge of adults in the U.S. and per state. As part of the study, more than 25,500 adults in the U.S. were asked seven questions in a Financial Knowledge Qu
U.S. Bank’s Elavon Jumps Two Spots in 2025 Nilson Report Ratings
MINNEAPOLIS--(BUSINESS WIRE)--Elavon, the merchant services payment provider of U.S. Bank, has moved up two spots in the 2025 Nilson Report to become the fifth-largest U.S. merchant acquirer and the second-largest bank-owned acquirer as ranked by Mastercard and Visa purchase volume. The Nilson Report, a stalwart of news and analysis of the global card and mobile payment industry, released the rankings at the beginning of April. Per the Nilson Report (Issue 1282, March 2025), Elavon is the fifth
Milliman analysis: Corporate pension funded ratio drops to 104.1% in March as market losses outpace rise in discount rates
SEATTLE--(BUSINESS WIRE)--Milliman, Inc., a premier global consulting and actuarial firm, today released its monthly Milliman 100 Pension Funding Index (PFI), which analyzes the 100 largest U.S. corporate pension plans. Poor investment returns in March of -1.38% caused the PFI plan asset value to fall $25 billion for the month, to $1.301 trillion, and the funded status surplus to decline by $7 billion, to $51 billion as of March 31. This result was only partially offset by a 13-basis-point rise
AM Best Affirms Credit Ratings of National Indemnity Company and Its Affiliates
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aaa” (Exceptional) of National Indemnity Company (Omaha, NE) and its affiliates (collectively referred to as National Indemnity). These companies are subsidiaries of the ultimate parent, Berkshire Hathaway Inc. (Berkshire) [NYSE: BRK A and BRK B]. The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed l
Phillips 66 Sets the Record Straight on Gregory J. Goff’s Relationship with Elliott Management
HOUSTON--(BUSINESS WIRE)--Phillips 66 today responded to a letter released by Gregory J. Goff to Phillips 66 Shareholders
Eagle Freedom Fund Closes $18 Million in the First Investment Fund Dedicated to Tech Solutions Combating Human Trafficking
FORT WORTH, Texas--(BUSINESS WIRE)--VC Firm Backs 16 High-growth Companies Delivering Real-world Impact with 149 Victims Served, 39 Traffickers Arrested to Date.
Andrew Woeber Joins Barclays as the Global Head of M&A
NEW YORK--(BUSINESS WIRE)--Barclays today announced the appointment of Andrew K. Woeber as Global Head of Mergers & Acquisitions. Andrew will report to Cathal Deasy and Taylor Wright, Global Co-Heads of Investment Banking. He will be based in New York and join the Investment Banking Management Team. Mr. Woeber has more than 25 years of experience advising leading global companies on transactions across sectors. He was formerly a Partner at Centerview, leading c-suite coverage and strategic
ComPsych Corporation Announces 2024 Health at Work Award Winners
CHICAGO--(BUSINESS WIRE)--ComPsych announces the winners of the 20th Annual Health at Work Awards
Lerer Hippeau Closes $200M for Ninth Seed Fund
NEW YORK--(BUSINESS WIRE)--Lerer Hippeau, a leading early stage venture capital firm founded and operated in New York City, announced today that it has closed $200M in new capital for its ninth early stage fund, which the team will invest in pre-seed- and seed-stage companies. This oversubscribed fund represents an increase from LH Fund VIII’s $140M, and a continued commitment to supporting the next generation of founders while maintaining focus in approach. This fund also includes several doze
Dwight Capital and Dwight Mortgage Trust Financed Over $364MM in March 2025
MIAMI--(BUSINESS WIRE)--Dwight Capital and its affiliate REIT, Dwight Mortgage Trust (“DMT”), closed over $364 million in real estate financings in March. Featured among the transactions were a bridge loan for Silverwoods in New Jersey, a bridge loan for a three-property skilled nursing portfolio in Rhode Island, and a HUD 223(f) refinance for Skyview Heights in Washington State. DMT closed a $50 million bridge loan to facilitate the acquisition of Silverwoods, a 313-unit, 55+ multifamily commu
Signature Bank Launches Q2 as its New Digital Banking Partner
AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, today announced that Signature Bank has launched Q2’s Digital Banking Platform to accelerate its digital banking transformation. Q2 will help Signature Bank deliver robust digital banking products to serve their commercial and retail customers. Founded in 2006, Illinois-based Signature Bank is one of the fastest growing, independently owned commercial ba
Yoo Financial Partners with Episode Six to Launch its Range of Credit Card Offerings in Canada
AUSTIN, Texas--(BUSINESS WIRE)--Episode Six (E6), a global provider of modern ledger and cards infrastructure, is continuing its growth in Canada through its partnership with Yoo Financial, a Canada-based financial institution with a principal issuing and acquiring license with Mastercard. Together, E6 and Yoo Financial will bring a new range of credit card offerings to the Canadian market. Canadian consumers increasingly expect tailored financial products that deliver personalized value and se
The Hackett Group: Finance Leaders at a Crossroads as Gen AI Adoption Surges
MIAMI--(BUSINESS WIRE)---- $HCKT #accounting--The Hackett Group, Inc. (NASDAQ: HCKT), a leading generative artificial intelligence (Gen AI) strategic consultancy and executive advisory firm, today announced findings from its 2025 Key Issues Study, revealing that 89% of executives are advancing Gen AI initiatives – up from just 16% a year ago. Gen AI has moved from exploration to acceleration, and the study finds that finance leaders will increasingly be looked upon for transformation leadership. In fact, 65% of fina
Grange Insurance named Wonderful Workplace for Young Professionals
COLUMBUS, Ohio--(BUSINESS WIRE)--The Columbus Young Professionals Club has recognized Grange Insurance as a Wonderful Workplace Award winner for Young Professionals. This award celebrates the outstanding efforts made by local businesses in the region to build culture and create a great workplace. “Being recognized as a Wonderful Workplace for Young Professionals for the second year in a row is a testament to our commitment to fostering a strong, inclusive culture," said Damon Porter, Grange’s S
LeadsOnline Appoints Alicia Joseph as Global Vice President of Marketing
PLANO, Texas--(BUSINESS WIRE)--LeadsOnline appoints Alicia Joseph as Global Vice President of Marketing
NASDAQ: SRPT Investigation Reminder: Kessler Topaz Meltzer & Check, LLP Encourages Sarepta Therapeutics, Inc. (NASDAQ: SRPT) Investors with Significant Losses to Contact the Firm
RADNOR, Pa.--(BUSINESS WIRE)-- #classaction--The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Sarepta Therapeutics, Inc. (NASDAQ: SRPT) (“Sarepta”). On March 18, 2025, Sarepta issued a press release revealing that a 16-year-old boy had passed away from acute liver failure following treatment with Sarepta’s gene therapy, ELEVIDYS. On this news, Sarepta’s stock price fell $27.81 per shar
United Rentals, Inc. First Quarter 2025 Conference Call and Audio Webcast Thursday, April 24, 2025 at 8:30 a.m. (ET)
STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) will hold its first quarter 2025 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer, on Thursday, April 24, 2025 at 8:30 a.m. Eastern Time. The conference call is available live by audio webcast at unitedrentals.com, where it will be archived until the next earnings call. The call is also accessible by dialing 800-451-7724 (international: 785-424-1116). The replay number for the c
AIHA Launches Campaign to Restore NIOSH
FALLS CHURCH, Va.--(BUSINESS WIRE)-- #aihaconnect--AIHA is taking action to restore staff and funding to NIOSH in the face of devastating federal cuts.
Walker & Dunlop Bolsters Digital Infrastructure Advisory Services with Addition of Andrew Kaskel
BETHESDA, Md.--(BUSINESS WIRE)--Walker & Dunlop, Inc. announced today that it has hired Andrew Kaskel as senior managing director to lead its Digital Infrastructure Advisory Services Group, based in New York. Kaskel will partner with Walker & Dunlop's Institutional Capital Markets team across the country to finance the development and ownership of data centers and other digital infrastructures. “Data center development has largely been financed with hyperscaler cash and some bank financ
Carefull Introduces ScamCheck Technology to Help Older Adults Amid Growing Scam Threats
NEW YORK--(BUSINESS WIRE)--Carefull announces ScamCheck, an AI-powered scam tool designed to instantly detect, analyze, and prevent scams before they cause financial harm.