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Global ETF Assets Tracking MSCI Equity Indexes Exceed $2 Trillion

Lastest from Businesswire - Wed, 07/16/2025 - 09:05
NEW YORK--(BUSINESS WIRE)--The assets in indexed equity exchange-traded funds (ETFs) linked to MSCI’s global equity indexes surpassed $2 trillion, a growth rate of 17 percent since the start of 2025. This growth demonstrates that MSCI indexes are well positioned for investors seeking global opportunities. Asset growth has been driven by investor interest in products targeting developed markets equities outside the U.S., followed by emerging markets. More than $17 trillion of assets are benchmar

Community Trust Bancorp, Inc. Reports Record Earnings for the 2nd Quarter 2025

Lastest from Businesswire - Wed, 07/16/2025 - 09:05
PIKEVILLE, Ky.--(BUSINESS WIRE)--Community Trust Bancorp, Inc.: Earnings Summary (in thousands except per share data) 2Q 2025 1Q 2025 2Q 2024 YTD 2025 YTD 2024 Net income $24,899 $21,972 $19,499 $46,871 $38,178 Earnings per share $1.38 $1.22 $1.09 $2.60 $2.13 Earnings per share - diluted $1.38 $1.22 $1.09 $2.60 $2.13             Return on average assets 1.58% 1.44% 1.35% 1.51% 1.33% Return on average equity 12.51% 11.50% 11.03% 12.01% 10.82% Efficiency ratio 50.70% 51.86% 52.17% 51.26% 53.51% T

Balance Named to CNBC’s 2025 List of the World’s Top Fintech Companies

Lastest from Businesswire - Wed, 07/16/2025 - 09:05
NEW YORK--(BUSINESS WIRE)--Balance, a leading financial infrastructure platform, announced today that it has been recognized on CNBC’s list of the World’s Top Fintech Companies of 2025. This prestigious award is presented by CNBC and Statista Inc., a global statistics portal and industry ranking provider, and reflects Balance’s role in modernizing B2B payments and facilitating trade. To compile the list, CNBC and Statista analyzed over 2,000 individual companies across seven market segments, ev

Commerce Bancshares, Inc. Reports Second Quarter Earnings Per Share of $1.14

Lastest from Businesswire - Wed, 07/16/2025 - 06:05
KANSAS CITY, Mo.--(BUSINESS WIRE)--Commerce Bancshares, Inc. announced earnings of $1.14 per share for the three months ended June 30, 2025, compared to $1.03 per share in the same quarter last year and $.98 per share in the first quarter of 2025. Net income for the second quarter of 2025 amounted to $152.5 million, compared to $139.6 million in the second quarter of 2024 and $131.6 million in the prior quarter. For the six months ended June 30, 2025, earnings per share totaled $2.12, compared

Storage Post Self Storage Expands In New York City

Lastest from Businesswire - Wed, 07/16/2025 - 06:05
NEW YORK--(BUSINESS WIRE)--Storage Post Self Storage increases its presence in the Big Apple with the purchase of three Sofia Storage locations. These pre-established properties are strategically located in high-demand areas within Manhattan and Brooklyn and will allow Storage Post to bring its exceptional self-storage services to thousands of new customers. The newly acquired facilities are located at: Storage Post Upper West Side, 475 Amsterdam Avenue, New York, NY Storage Post Prospect Heigh

As health benefit costs continue to surge, Mercer’s research reveals that employers face tough decisions regarding their 2026 benefit offerings

Lastest from Businesswire - Wed, 07/16/2025 - 06:05
NEW YORK--(BUSINESS WIRE)--Mercer, a business of Marsh McLennan (NYSE: MMC) and a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people, today released its Survey on Health and Benefit Strategies for 2026. According to the survey, more employers will likely reduce benefits in 2026 as they try to control fast-growing health benefit costs. In recent years, the tight labor market and concerns about

Segal Benz Selects Avante to Power Its Human-Centered, AI-Enhanced Benefits and Total Rewards Communication Service Offerings.

Lastest from Businesswire - Wed, 07/16/2025 - 06:05
SEATTLE--(BUSINESS WIRE)--Segal Benz selects Avante to deliver AI-powered, personalized employee benefits and total rewards communications.

Elevating Cardholder Experiences Worldwide With the Mastercard Collection and Introduction of World Legend Mastercard

Lastest from Businesswire - Wed, 07/16/2025 - 00:04
PURCHASE, N.Y.--(BUSINESS WIRE)--New Mastercard research reveals a powerful paradigm shift: consumers are prioritizing connection and spending time and money on what genuinely fulfills them – experiences with people who matter the most. To meet these evolving needs, Mastercard is unveiling a new suite of elevated benefits – The Mastercard Collection – across its World, World Elite and newly created World Legend Mastercard cards. Introducing The Mastercard Collection With The Mastercard Collecti

KBRA Assigns Preliminary Ratings to Public Finance Authority (Georgia SR 400 Express Lanes Project) $3.6 Billion PABs and SR 400 Peach Partners, LLC's $4 Billion TIFIA Loan

Lastest from Businesswire - Wed, 07/16/2025 - 00:04
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns its BBB+ preliminary rating to the Public Finance Authority's $3.6 billion senior lien toll revenue bonds, series 2025 (Georgia SR 400 Express Lanes Project) (the private activity bonds (PAB)), which support the Georgia SR 400 Express Lanes Project. KBRA also assigns its BBB preliminary rating to SR 400 Peach Partners, LLC’s $4 billion TIFIA loan. The Outlook is Stable. In August 2024, the consortium formed by Meridiam SR-400, LLC, Acciona Concesiones S.L

Blue Door AM I Announces Launch of $64.8 Million DST Offering

Lastest from Businesswire - Tue, 07/15/2025 - 21:04
LADERA RANCH, Calif.--(BUSINESS WIRE)--Blue Door AM I, LLC, an indirect subsidiary of Strategic Storage Growth Trust III, Inc. (“SSGT III”), and an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), is pleased to announce the launch of Blue Door Property II, DST (“Blue Door II”), a new Delaware Statutory Trust (DST) investment program. Blue Door II offers accredited investors the opportunity to participate in the self-storage sector through a diversified portfolio of three debt-free

LifeScan Reaches Milestone Transaction to Improve Financial Flexibility and Enable Future-Focused Investments

Lastest from Businesswire - Tue, 07/15/2025 - 21:04
MALVERN, Pa.--(BUSINESS WIRE)--LifeScan, Inc. (“LifeScan” or the “Company”), a world leader in blood glucose monitoring, today announced that it has entered into a Restructuring Support Agreement (“RSA”) with its first- and second-lien lenders and current equity sponsor, Platinum Equity, that will transform its balance sheet and position the Company for a stronger and more profitable future. As contemplated in the RSA, LifeScan expects to reduce more than 75% of its debt, which will enable the

Informa TechTarget Regains Compliance with Nasdaq Listing Requirements

Lastest from Businesswire - Tue, 07/15/2025 - 21:04
NEWTON, Mass.--(BUSINESS WIRE)--TechTarget, Inc. (Nasdaq: TTGT) (“Informa TechTarget” or the “Company”), a leading growth accelerator for the B2B Technology sector, announces that it has today received confirmation from Nasdaq that it has regained compliance with Nasdaq Listing Rule 5250(c)(1) regarding adherence to filing requirements following the filing of its Form 10-Q for the reporting period for the three months ended March 31, 2025 (“Q1 Report”). Consistent with its previous statement on

WiresConnect Concludes with Game-Changing Vision for the Future of Connected Commerce

Lastest from Businesswire - Tue, 07/15/2025 - 18:04
SEATTLE--(BUSINESS WIRE)--WiresConnect, the first-ever conference hosted by The Wires, the parent company of the B2B2C platforms FashWire, GlossWire, and PawWire, brought together an invitation-only group of leaders across retail and technology for two days of strategic conversation and actionable insight. With a focus on connected commerce, the event convened founders, executives, operators, and investors who are building the future of consumer engagement for the retail sector. Shannon Maher,

BerryDunn Elevates Services for Critical Access Hospitals Nationwide

Lastest from Businesswire - Tue, 07/15/2025 - 18:04
PORTLAND, Maine--(BUSINESS WIRE)--BerryDunn, a full-service accounting, tax, and consulting firm, has elevated its broad range of professional services tailored to Critical Access Hospitals (CAHs) across the country. The firm helps CAHs respond to today’s significant challenges, from funding uncertainties to rapidly evolving technology concerns such as cybersecurity, AI, and aging Electronic Health Record (EHR) systems. “Our depth of experience in this field goes back nearly 30 years to when Be

PNFP Reports 2Q25 Diluted EPS of $2.00

Lastest from Businesswire - Tue, 07/15/2025 - 18:04
NASHVILLE, Tenn.--(BUSINESS WIRE)--Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) reported net income per diluted common share of $2.00 for the quarter ended June 30, 2025, compared to net income per diluted common share of $0.64 for the quarter ended June 30, 2024, an increase of approximately 212.5 percent. Net income per diluted common share was $3.77 for the six months ended June 30, 2025, compared to net income per diluted common share of $2.21 for the six months ended June 30, 2024,

SWBC Mortgage Announces Whittier as SVP of Production Optimization

Lastest from Businesswire - Tue, 07/15/2025 - 18:04
SAN ANTONIO--(BUSINESS WIRE)--SWBC Mortgage Corporation is proud to welcome Tim Whittier as its Senior Vice President of Production Optimization.

KBRA Assigns Preliminary Ratings to New Residential Mortgage Loan Trust 2025-NQM4 (NRMLT 2025-NQM4)

Lastest from Businesswire - Tue, 07/15/2025 - 18:04
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 8 classes of mortgage-backed notes from New Residential Mortgage Loan Trust 2025-NQM4 (NRMLT 2025-NQM4), a $488.4 million non-prime RMBS transaction sponsored by Rithm Capital Corp. (formerly New Residential Investment Corp.), a publicly traded (NYSE: RITM) real estate investment trust (REIT). The underlying mortgages in the subject pool were originated by NewRez LLC (35.8%) and Champions Funding, LLC (25.7%). In addition, all loans

Hilltop Holdings Inc. Announces Second Quarter 2025 Earnings Conference Call and Webcast

Lastest from Businesswire - Tue, 07/15/2025 - 18:04
DALLAS--(BUSINESS WIRE)--Hilltop Holdings Inc. (NYSE: HTH) (“Hilltop”), a Dallas-based financial holding company, will host a live webcast and conference call at 8:00 AM Central (9:00 AM Eastern) on Friday, July 25, 2025. Hilltop Chairman, President and CEO Jeremy B. Ford and Hilltop CFO William B. Furr will review second quarter 2025 financial results. Interested parties can access the conference call by dialing 800-549-8228 (Toll Free North America) or (+1) 289-819-1520 (International Toll) a

AM Best Affirms Credit Ratings of N&D Union Mutual Insurance Group Members

Lastest from Businesswire - Tue, 07/15/2025 - 18:04
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) for the members of N&D Union Mutual Insurance Group (N&D Union). The outlook of these Credit Ratings (ratings) is stable. (Please see below for a detailed listing of the companies and ratings.) The ratings reflect N&D Union’s balance sheet strength, which AM Best assesses as very strong, as well as its ad

JPMorganChase Declares Preferred Stock Dividends

Lastest from Businesswire - Tue, 07/15/2025 - 18:04
NEW YORK--(BUSINESS WIRE)--JPMorgan Chase & Co. (NYSE: JPM) (“JPMorganChase” or the “Firm”) has declared dividends on the outstanding shares of the Firm’s Series DD, EE, GG, JJ, KK, LL, MM and NN preferred stock. Information can be found on the Firm’s Investor Relations website at https://www.jpmorganchase.com/ir/news. JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorganChase had $4.6 tr

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