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AM Best Upgrades Credit Ratings of Lincoln Heritage Life Insurance Company

Lastest from Businesswire - Thu, 07/24/2025 - 12:09
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” (Excellent) from “a-” (Excellent) of Lincoln Heritage Life Insurance Company (Lincoln Heritage) (Springfield, IL). The outlook of these Credit Ratings (ratings) has been revised to stable from positive. The ratings reflect Lincoln Heritage’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operat

AM Best Removes From Under Review With Developing Implications and Affirms Credit Ratings of Direct General Life Insurance Company

Lastest from Businesswire - Thu, 07/24/2025 - 12:09
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” (Excellent) of Direct General Life Insurance Company (Direct General) (Orangeburg, SC). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect Direct General’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating perfo

Morgan Stanley Wealth Management Delivers New Tool to Help Clients Tackle Single Stock Risk

Lastest from Businesswire - Thu, 07/24/2025 - 12:09
NEW YORK--(BUSINESS WIRE)--Morgan Stanley Wealth Management’s Global Investment Office (GIO) has launched the Equity Vulnerability Score, a proprietary tool that can help clients and the Financial Advisors who serve them measure and rank the susceptibility of US stocks to potential future drops in value. As a risk management tool, this can help provide important insights for investors—especially those who hold concentrated equity positions, which Morgan Stanley defines as five or fewer stocks m

FHLBank Pittsburgh Announces Second Quarter 2025 Operating Highlights

Lastest from Businesswire - Thu, 07/24/2025 - 12:09
PITTSBURGH--(BUSINESS WIRE)--FHLBank Pittsburgh announced today unaudited financial results for the second quarter and six months ended June 30, 2025.

VERSANT Board of Directors for Future Independent Media Company Announced

Lastest from Businesswire - Thu, 07/24/2025 - 12:09
NEW YORK--(BUSINESS WIRE)--Comcast Corporation (Nasdaq: CMCSA) today announced the expected members of the first Board of Directors of VERSANT Media Group, Inc., Comcast’s planned spin-off of select media brands and digital businesses. VERSANT will be a leading independent publicly traded media company comprised of iconic brands, including USA Network, CNBC, MSNBC, Oxygen, E!, SYFY and Golf Channel, along with complementary digital assets Fandango, Rotten Tomatoes, GolfNow and SportsEngine. As

ICMI’s Contact Center Expo Unveils the 2025 ICMI Global Contact Center Awards Finalists

Lastest from Businesswire - Thu, 07/24/2025 - 12:09
SAN FRANCISCO--(BUSINESS WIRE)--ICMI’s Contact Center Expo, which brings call center industry professionals together to tackle the challenges and opportunities that will enable positive growth and change in the contact center industry, today announces the finalists for the 2025 ICMI Global Contact Center Awards Finalists. The awards honor and recognize the companies, contact centers, and individuals that provide a platform for leadership, vision, innovation, and strategic accomplishments in the

Dynasty Financial Partners Appoints Shawn Shook as General Counsel to Support Legal Strategy and Advisor Transitions

Lastest from Businesswire - Thu, 07/24/2025 - 12:09
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Dynasty Financial Partners, a leading provider of technology-enabled wealth management solutions for independent financial advisors, today announced the appointment of Shawn Shook as General Counsel. He will report to Dynasty CEO Shirl Penney and be based at the firm’s headquarters in St. Petersburg, Florida. Mr. Shook succeeds Jonathan Morris, who is transitioning to a new role as Executive in Residence after more than a decade as General Counsel. Shirl P

CFP Board Announces Search for Next CEO, Engages Spencer Stuart

Lastest from Businesswire - Thu, 07/24/2025 - 12:09
WASHINGTON--(BUSINESS WIRE)--CFP Board announced that it has retained executive recruitment firm Spencer Stuart to assist in the search for its next Chief Executive Officer.

Milliman analysis: Public pension funding rises in June to highest level since 2021

Lastest from Businesswire - Thu, 07/24/2025 - 12:09
SEATTLE--(BUSINESS WIRE)--Milliman, Inc., a premier global consulting and actuarial firm, today released the latest results of its Public Pension Funding Index (PPFI), which analyzes data from the nation’s 100 largest public defined benefit plans. A second consecutive month of strong investment returns generated a $115 billion increase in the PPFI plans’ funded status during June. In aggregate, the plans saw estimated market gains of 2.3% for the period, with individual plans’ estimated returns

Class Action Filed Against Easterly ROCMuni High Income Municipal Bond Fund f/k/a Principal Street High Income Municipal Fund – Investors with Losses Encouraged to Contact Johnson Fistel

Lastest from Businesswire - Thu, 07/24/2025 - 12:09
SAN DIEGO--(BUSINESS WIRE)--Shareholder rights law firm Johnson Fistel, PLLP, announces that a class action lawsuit has been filed on behalf of investors who purchased shares of Easterly ROCMuni High Income Municipal Bond Fund f/k/a Principal Street High Income Municipal Fund (the “Easterly ROCMuni Fund”) (NASDAQ: RMJAX; RMHVK; RMHIX) between May 5, 2023 and June 12, 2025, inclusive (the “Class Period”). If you wish to serve as lead plaintiff, you must move the Court no later than September 22,

Johnson Fistel Begins Investigation on Behalf of KinderCare Learning Companies, Inc. (KLC) Shareholders

Lastest from Businesswire - Thu, 07/24/2025 - 12:09
SAN DIEGO--(BUSINESS WIRE)--Shareholder rights law firm Johnson Fistel, PLLP is investigating whether KinderCare Learning Companies, Inc. (NYSE: KLC), or any of its executive officers, violated securities laws by misrepresenting or failing to timely disclose material information to investors. What if I purchased KLC securities? If you purchased securities and suffered losses on your investment, join our investigation now: [Click Here to Join the Investigation] Or for more information, contact J

Citi Appointed as Depositary Bank for Youlife Group Inc.’s ADR Program

Lastest from Businesswire - Thu, 07/24/2025 - 12:09
NEW YORK--(BUSINESS WIRE)--Citi Issuer Services, acting through Citibank, N.A., has been appointed by Youlife Group Inc. (Youlife) as depositary bank for its American Depositary Receipt (ADR) program. The appointment follows after Youlife International Holdings Inc., a blue-collar lifetime service provider in China, and Distoken Acquisition Corporation, a special purpose acquisition company, completed their business combination on July 9, 2025. The American Depositary Shares (ADS) of the combin

Energy Vault Closes $18 Million Project Financing for 57 MW/114 MWh Cross Trails BESS Serving the Texas ERCOT Market

Lastest from Businesswire - Thu, 07/24/2025 - 12:09
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)---- $NRGV--Energy Vault Holdings Inc. (NYSE: NRGV) (“Energy Vault” or the “Company”), a leader in sustainable, grid-scale energy storage solutions, today announced the successful close of $18 million in project financing for its Cross Trails battery energy storage system (BESS). The financing marks another milestone in the Company’s execution of its ‘Own & Operate’ growth and asset management strategy, originally outlined during the May 2024 Investor and Anal

AlikeAudience Launches AURAR: Revolutionary Data Collaboration Tool Now Available in Snowflake Marketplace

Lastest from Businesswire - Thu, 07/24/2025 - 12:09
SAN FRANCISCO--(BUSINESS WIRE)--AlikeAudience, a leading data science company specializing in omnichannel data activation, today announced the launch of AURAR, a groundbreaking data collaboration tool, with a native Lookalike model application now available in the Snowflake Marketplace. With AURAR, AlikeAudience is empowering marketers to prepare ideal audiences through seamless, secure, and accelerated collaboration with first-party data. The launch of AURAR addresses the fundamental shifts dr

PATH Financial Partners Launches with Osaic, Bringing Client-Centered Wealth Planning to Florida’s Public Sector

Lastest from Businesswire - Thu, 07/24/2025 - 09:09
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Osaic, Inc. (“Osaic”), one of the nation’s largest providers of wealth management strategies, today announced the successful affiliation of PATH Financial Partners (‘PATH’), a new firm led by veteran advisor Jason Oestreicher, CFP®. With $125 million in assets under administration (AUA), the Fort Lauderdale-based firm specializes in serving employees of the Florida Retirement System (‘FRS’), including educators, healthcare workers and municipal employees. Oes

American Business Bank Reports Second Quarter Earnings Per Share Growth of 12%

Lastest from Businesswire - Thu, 07/24/2025 - 09:09
LOS ANGELES--(BUSINESS WIRE)--American Business Bank Reports Second Quarter Earnings Per Share Growth of 12%

Viant Launches IRIS-enabled™ Content Report and Pre-Bid Targeting

Lastest from Businesswire - Thu, 07/24/2025 - 09:09
IRVINE, Calif.--(BUSINESS WIRE)---- $DSP #AdTech--Viant today announced a major advancement with IRIS-enabled™ Content Report and Pre-Bid Targeting within the Viant Demand-Side Platform (DSP).

ZoomInfo Extends Open Environment to Unlock Seamless High-Quality Data Integration

Lastest from Businesswire - Thu, 07/24/2025 - 09:09
VANCOUVER, Wash.--(BUSINESS WIRE)--ZoomInfo Extends Open Environment to Unlock Seamless High-Quality Data Integration

Backblaze Launches Legal Hold to Support Data Loss Prevention and Litigation Readiness for Businesses

Lastest from Businesswire - Thu, 07/24/2025 - 09:09
SAN MATEO, Calif.--(BUSINESS WIRE)---- $blze #Backup--Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator delivering a modern alternative to traditional backup providers, today introduced Legal Hold for Backblaze Computer Backup with Enterprise Control. The feature empowers businesses to preserve a user’s entire backup, including every historical version captured, with a single click, ensuring rapid compliance with legal, regulatory, or HR data-retention requirements while maintaining the same predictabl

MOO Survey Finds 79% of Knowledge Workers Feel Lonely at Work, Gen Z Most Affected

Lastest from Businesswire - Thu, 07/24/2025 - 09:09
BOSTON--(BUSINESS WIRE)--MOO, the leading design company specializing in premium branded merchandise and print services, today released its data report on the modern workplace, finding inconsistencies as artificial intelligence promises unprecedented efficiency while many workers crave deeper human connection. The survey among 1,000 U.S. knowledge workers finds workplace loneliness is rising as employees practice “cognitive outsourcing,” relying heavily on AI for questions and collaboration. "A

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