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LendingPoint Launches New Loan Flow Programs With First Issuance of Passthrough Securities Program

Lastest from Businesswire - Thu, 08/14/2025 - 18:20
ATLANTA--(BUSINESS WIRE)--LendingPoint, the award winning, AI-driven fintech facilitating consumer credit origination and loan servicing, announced its closing of the first loan flow program established under a new passthrough securities issuance program. The loan flow program marks the first loan sales since LendingPoint revitalized their loan marketplace offerings with a new management team and credit tiers spearheaded by Chief Financial Officer and interim CEO Mark Freeman and Chief Risk Off

Cleveland Krist’s Lulu Ortiz Named to the 2025 Lawdragon 500 X – The Next Generation

Lastest from Businesswire - Thu, 08/14/2025 - 18:20
AUSTIN, Texas--(BUSINESS WIRE)--Cleveland Krist PLLC is proud to announce that associate Lourdes “Lulu” Ortiz has been named to the 2025 Lawdragon 500 X – The Next Generation list, which celebrates exceptional early-career legal professionals that are shaping the future of the profession. The 500 X spotlights lawyers who “provide a forecast of the fascinating future of global law practice.” Now in its third year, the guide recognizes young lawyers who have made an impact through significant mat

Bitwise Surpasses $15 Billion in Client Assets, Up 200% From October 2024

Lastest from Businesswire - Thu, 08/14/2025 - 18:20
SAN FRANCISCO--(BUSINESS WIRE)--Bitwise Asset Management, a global crypto-focused alternative asset manager, announced today that the company recently surpassed $15 billion in client assets across its suite of more than 40 investment products. Alongside this milestone, Bitwise has expanded its team by 20% this year, now totaling 111 professionals with offices in San Francisco, New York, and London. Bitwise has seen strong global investor demand in 2025, following unprecedented regulatory clarit

Barings Corporate Investors Reports Preliminary Second Quarter 2025 Results and Announces Quarterly Cash Dividend Of $0.40 Per Share

Lastest from Businesswire - Thu, 08/14/2025 - 15:20
CHARLOTTE, N.C.--(BUSINESS WIRE)--The Board of Trustees of Barings Corporate Investors (NYSE: MCI) (the "Trust") met on August 14, 2025, and would like to report its preliminary financial results for the second quarter of 2025. Financial Highlights(1) Three Months Ended June 30, 2025   Three Months Ended March 31, 2025   Total Amount   Per Share(5)   Total Amount   Per Share(4) Net investment income(2) $ 7,161,484   $ 0.35   $ 7,057,100   $ 0.35 Net realized gains / (losses)(3) $ 1,923,690   $

Celanese Corporation (CE) Investors Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation

Lastest from Businesswire - Thu, 08/14/2025 - 15:20
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith continues its investigation on behalf of Celanese Corporation (“Celanese” or the “Company”) (NYSE: CE) investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN CELANESE CORPORATION (CE), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. Contact the Law Offices of Howard G. Smith to discuss your legal rights by ema

Securities Fraud Investigation Into KinderCare Learning Companies, Inc. (KLC) Announced – Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm

Lastest from Businesswire - Thu, 08/14/2025 - 15:20
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of KinderCare Learning Companies, Inc. (“KinderCare” or the “Company”) (NYSE: KLC) investors concerning the Company’s possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON KINDERCARE LEARNING COMPANIES, INC. (KLC), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YO

Securities Fraud Investigation Into Tandem Diabetes Care, Inc. (TNDM) Announced – Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm

Lastest from Businesswire - Thu, 08/14/2025 - 15:20
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Tandem Diabetes Care, Inc. (“Tandem” or the “Company”) (NASDAQ: TNDM) investors concerning the Company’s possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON TANDEM DIABETES CARE, INC. (TNDM), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. What Happ

Barings Participation Investors Reports Preliminary Second Quarter 2025 Results and Announces Quarterly Cash Dividend Of $0.37 Per Share

Lastest from Businesswire - Thu, 08/14/2025 - 15:20
CHARLOTTE, N.C.--(BUSINESS WIRE)--The Board of Trustees of Barings Participation Investors (NYSE: MPV) (the "Trust") met on August 14, 2025, and would like to report its preliminary financial results for the second quarter of 2025. Financial Highlights(1) Three Months Ended June 30, 2025 Three Months Ended March 31, 2025   Total Amount Per Share(5) Total Amount Per Share(4) Net investment income(2) $ 3,396,864 $ 0.32 $ 3,351,767 $ 0.31 Net realized (losses) / gains(3) $883,063 $0.08 $(2,063,056

AM Best Upgrades Credit Ratings of EFU General Insurance Limited

Lastest from Businesswire - Thu, 08/14/2025 - 15:20
LONDON--(BUSINESS WIRE)-- #insurance--AM Best has upgraded the Financial Strength Rating to B (Fair) from B- (Fair) and the Long-Term Issuer Credit Rating to “bb” (Fair) from “bb-” (Fair) of EFU General Insurance Limited (EFUG) (Pakistan). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect EFUG’s balance sheet strength, which AM Best assesses as adequate, as well as its strong operating performance, neutral business profile and marginal enterprise risk management (ERM). The rating

KBRA Assigns Ratings to PNMAC GMSR ISSUER TRUST MSR COLLATERALIZED NOTES, Series 2025-GT1

Lastest from Businesswire - Thu, 08/14/2025 - 15:20
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns ratings of ‘BBB (sf)’ to the Series 2025-GT1 Term Notes from PNMAC GMSR ISSUER TRUST, PennyMac Loan Services, LLC’s (PLS) master trust issuer of notes backed by participation certificates evidencing participation interest in mortgage servicing rights (MSR) on loans underlying Ginnie Mae guaranteed mortgage backed securities. KBRA’s rating on the notes is primarily dependent upon the rating of Private National Mortgage Acceptance Company, LLC (PNMAC), as r

HealthPartners launches simple, copay-only health plan

Lastest from Businesswire - Thu, 08/14/2025 - 15:20
BLOOMINGTON, Minn.--(BUSINESS WIRE)-- #HealthInsurance--HealthPartners is launching a variable copay benefit plan that aims to provide unparalleled transparency of cost and coverage to members.

TD Bank Appoints Laura Nitti to Retail Market President for Metro PA & South New Jersey

Lastest from Businesswire - Thu, 08/14/2025 - 15:20
MT. LAUREL, N.J.--(BUSINESS WIRE)-- #TDBank--TD Bank, America’s Most Convenient Bank®, today announced that Laura Nitti has been promoted to Retail Market President of Metro PA & South New Jersey, which includes Burlington, Camden, and Gloucester Counties in NJ, and Bucks, Chester, Cumberland, Delco, Lehigh, Montgomery, and Philadelphia Counties in Pennsylvania. As Retail Market President, Nitti will oversee TD’s local retail operations at more than 119 stores where she will support a network of reta

Seroda Ventures Acquires Majority Stake in Google Cloud Pure-Play Boutique Evonence, Merges with Cloudnyx.ai to Create Google Powerhouse

Lastest from Businesswire - Thu, 08/14/2025 - 15:20
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Seroda Ventures, a premier technology investment and incubation firm led by Vijay Rao, today announced its strategic majority investment in Evonence, a Google Cloud pure-play consulting firm. As part of the transaction, Evonence will merge with Cloudnyx.ai, a Seroda-incubated system integrator with deep expertise in Google Cloud. Vijay Shah, Founder and CEO of Evonence, will lead the newly combined entity as CEO, operating under the Cloudnyx.ai brand. The mer

doxo Report Ranks States by Household Bill Burden, From Highest to Lowest

Lastest from Businesswire - Thu, 08/14/2025 - 15:20
SEATTLE--(BUSINESS WIRE)--The newly released 2025 State-by-State Bill Pay Market Report from doxoINSIGHTS offers an in-depth look at how household bill costs vary across the nation. The report reveals that Americans spend a median of $2,058 per month—approximately 31% of the U.S. median household income of $84,583—on essential bills. Costs vary widely by state, with California, Hawaii, New Jersey, and Massachusetts among the most expensive, while West Virginia, Mississippi, Arkansas, and Oklaho

KBRA Assigns Preliminary Ratings to MHP 2025-MHIL2

Lastest from Businesswire - Thu, 08/14/2025 - 15:20
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA announces the assignment of preliminary ratings to seven classes of MHP 2025-MHIL2, a CMBS single-borrower securitization. The collateral for the transaction is a $425.0 million floating rate, interest-only mortgage loan. The loan is expected to have an initial two-year term with three, one-year extension options and require monthly interest-only payments. The loan will be secured by the borrowers’ fee simple interests in 78 self-storage assets encompassing 4.7 m

AM Best Withdraws Credit Ratings of Riverfront Insurance, LLC

Lastest from Businesswire - Thu, 08/14/2025 - 15:20
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Riverfront Insurance, LLC (Riverfront) (Wilmington, DE). Concurrently, AM Best has withdrawn these Credit Ratings (ratings) as Riverfront has requested to no longer participate in AM Best’s interactive rating process. The ratings reflect Riverfront’s balance sheet strength, which AM Bes

AM Best Places Credit Ratings of British Caribbean Insurance Company Limited Under Review With Developing Implications

Lastest from Businesswire - Thu, 08/14/2025 - 15:20
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has placed under review with developing implications the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of British Caribbean Insurance Company Limited (BCIC) (Jamaica). The action taken on these Credit Ratings (ratings) is due to the announced completion of BCIC’s acquisition of JN General Insurance Company (JNGI) on June 11, 2025. While the two organizations currently operate independently, it is expected t

Tandem Diabetes Care, Inc. (TNDM) Investors Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation

Lastest from Businesswire - Thu, 08/14/2025 - 15:20
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Tandem Diabetes Care, Inc. (“Tandem” or the “Company”) (NASDAQ: TNDM) investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN TANDEM DIABETES CARE, INC. (TNDM), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. Contact the Law Offices of Howard G. Smith to discuss your lega

KinderCare Learning Companies, Inc. (KLC) Investors Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation

Lastest from Businesswire - Thu, 08/14/2025 - 15:20
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of KinderCare Learning Companies, Inc. (“KinderCare” or the “Company”) (NYSE: KLC) investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN KINDERCARE LEARNING COMPANIES, INC. (KLC), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. Contact the Law Offices of Howard G. Smith to

Securities Fraud Investigation Into Celanese Corporation (CE) Continues – Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz

Lastest from Businesswire - Thu, 08/14/2025 - 15:20
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz continues its investigation of Celanese Corporation (“Celanese” or the “Company”) (NYSE: CE) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON CELANESE CORPORATION (CE), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On November 4, 2024, after market hours, Celanese reported its thir

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