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Updated: 2 hours 51 min ago

InvoiceCloud Recognized as Technology Top Workplace for the Fourth Consecutive Year

Fri, 07/25/2025 - 09:09
BOSTON--(BUSINESS WIRE)--InvoiceCloud has been named a 2025 Top Workplace in the Technology industry by Energage.

Strategy Announces Pricing of Initial Public Offering of STRC Stock

Fri, 07/25/2025 - 09:09
TYSONS CORNER, Va.--(BUSINESS WIRE)--Strategy™ (Nasdaq: MSTR/STRK/STRF/STRD) today announced the pricing of its initial public offering on July 24, 2025 of 28,011,111 shares of Variable Rate Series A Perpetual Stretch Preferred Stock (the “STRC Stock”), at a public offering price of $90 per share. The issuance and sale of the STRC Stock is scheduled to settle on July 29, 2025, subject to customary closing conditions. Strategy estimates that the net proceeds to it from the offering will be appro

Customers Bancorp Announces Executive Leadership Transition

Fri, 07/25/2025 - 09:09
WEST READING, Pa.--(BUSINESS WIRE)---- $CUBI #Banking--Sam Sidhu to succeed Jay Sidhu as CEO.

FHLBank Chicago Celebrates Grand Opening of the Harry and Jeanette Weinberg Residences at Woodale Crossing

Fri, 07/25/2025 - 09:09
BROWN DEER, Wis.--(BUSINESS WIRE)--Representatives from the Federal Home Loan Bank of Chicago (FHLBank Chicago), CIBC Bank USA, Jewish Family Services (JFS), and local dignitaries joined together on July 24 at the grand opening of the Harry and Jeanette Weinberg Residences at Woodale Crossing, a new affordable and supportive senior housing development in Brown Deer, Wis. FHLBank Chicago awarded a $1 million Affordable Housing Program (AHP) General Fund grant through member CIBC Bank USA to assi

Phillips 66 Reports Second-Quarter Results

Fri, 07/25/2025 - 09:09
HOUSTON--(BUSINESS WIRE)--Phillips 66 announced second-quarter earnings.

Stellar Bancorp, Inc. Reports Second Quarter 2025 Results

Fri, 07/25/2025 - 09:09
HOUSTON--(BUSINESS WIRE)--Stellar Bancorp, Inc. (the “Company” or “Stellar”) (NYSE: STEL) today reported net income of $26.4 million, or diluted earnings per share of $0.51, for the second quarter of 2025, compared to net income of $24.7 million, or diluted earnings per share of $0.46, for the first quarter of 2025. “We are pleased to report our second quarter results that reflect the efforts of our team beginning to add growth to the foundation we’ve built at Stellar Bank,” said Robert R. Fran

Virtus Investment Partners Announces Financial Results for Second Quarter 2025

Fri, 07/25/2025 - 09:09
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NYSE: VRTS) today reported financial results for the three months ended June 30, 2025. Financial Highlights (Unaudited) (in millions, except per share data or as noted)   Three Months Ended       Three Months Ended       6/30/2025   6/30/2024   Change   3/31/2025   Change U.S. GAAP Financial Measures                   Revenues $ 210.5     $ 224.4     (6 %)   $ 217.9     (3 %) Operating expenses $ 165.3     $ 180.2     (8 %)   $

Central Pacific Financial Reports Second Quarter 2025 Earnings of $18.3 Million

Fri, 07/25/2025 - 09:09
HONOLULU--(BUSINESS WIRE)--Central Pacific Financial Corp. (NYSE: CPF) (the "Company"), parent company of Central Pacific Bank (the "Bank" or "CPB"), today reported net income of $18.3 million, or fully diluted earnings per share ("EPS") of $0.67 for the second quarter of 2025, compared to net income of $17.8 million, or EPS of $0.65 in the previous quarter and net income of $15.8 million, or EPS of $0.58 in the year-ago quarter. "Our second quarter financial results demonstrate the continued s

FISERV INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Fiserv, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - FI

Fri, 07/25/2025 - 06:09
SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements concerning Fiserv business and prospects, resulting in its stock trading at inflated prices.

American Strategic Investment Co. Announces Release Date for Second Quarter Results

Fri, 07/25/2025 - 06:09
NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”) announced today it will release its financial results as of, and for the second quarter ended June 30, 2025, on Friday, August 8, 2025, before the New York Stock Exchange open. The Company will also host a webcast and conference call the same day at 11:00 a.m. ET to review results and provide commentary on business performance. Dial-in instructions for the conference call and the replay are outlin

Industry-focused Specialist IT/ITES Firm eClerx Delivers Strong Q1 FY26 Performance

Fri, 07/25/2025 - 06:09
MUMBAI, India--(BUSINESS WIRE)-- #IT--Industry-focused specialist IT/ITES firm eClerx delivers strong Q1 FY26 performance

Temenos Recognized by CNBC as One of the World’s Top Fintech Companies

Fri, 07/25/2025 - 03:09
GRAND-LANCY, Switzerland--(BUSINESS WIRE)--Temenos (SIX: TEMN), a global leader in banking technology, announced it has been named in CNBC’s list of the World’s Top Fintech Companies for 2025 in the Enterprise Fintech category. The prestigious annual ranking, developed in partnership with market research firm Statista, recognizes the most impactful fintech companies driving transformation across financial services. Temenos was selected following a comprehensive evaluation of more than 2,000 glo

Almirall H1 2025 Results

Fri, 07/25/2025 - 03:09
BARCELONA, Spain--(BUSINESS WIRE)--Almirall, S.A. (ALM) a global biopharmaceutical company based in Barcelona, today announced its financial results for the first half of 2025. The company continued to deliver strong sales growth in H1 2025, primarily driven by its dermatology business in Europe. Total Net Sales increased by 12.7% to €560.5 million, while EBITDA increased by 16.6% year-on-year to €121.8 million driven by higher sales growth and a gross profit of 65.5%. The European dermatology

Capital One 360 Money Market Account Holders Have Opportunity to Join Improper Interest Investigation with the Schall Law Firm

Thu, 07/24/2025 - 21:09
LOS ANGELES--(BUSINESS WIRE)---- $COF--Capital One 360 Money Market Account Holders Have Opportunity to Join Improper Interest Investigation with the Schall Law Firm

REPL Investors Have Opportunity to Lead Replimune Group, Inc. Securities Fraud Lawsuit with the Schall Law Firm

Thu, 07/24/2025 - 21:09
LOS ANGELES--(BUSINESS WIRE)---- $REPL--REPL Investors Have Opportunity to Lead Replimune Group, Inc. Securities Fraud Lawsuit with the Schall Law Firm

Rosen Law Firm Encourages Barnes & Noble Education, Inc. Investors to Inquire About Securities Class Action Investigation – BNED

Thu, 07/24/2025 - 21:09
NEW YORK--(BUSINESS WIRE)--Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Barnes & Noble Education, Inc. (NYSE: BNED) resulting from allegations that Barnes & Noble may have issued materially misleading business information to the investing public. So What: If you purchased Barnes & Noble securities you may be entitled to compensation without payment of any out of pocket fees or costs thr

Pinnacle Bank Announces Earnings for Second Quarter of 2025

Thu, 07/24/2025 - 21:09
GILROY, Calif.--(BUSINESS WIRE)--OTCQB: PBNK – Pinnacle Bank, headquartered in Gilroy, California, announced today unaudited net income for the three months ended June 30, 2025 of $2,173,000, compared to net income of $1,914,000 in the prior quarter. As of June 30, 2025, total assets were $878.1 million, a 3% increase from $849.5 million on June 30, 2024. Gross loans were $568.7 million on June 30, 2025 compared to $597.6 million on June 30, 2024. The allowance for credit losses on June 30, 202

LAZR Investors Have Opportunity to Lead Luminar Technologies, Inc. Securities Fraud Lawsuit with the Schall Law Firm

Thu, 07/24/2025 - 18:09
LOS ANGELES--(BUSINESS WIRE)---- $LAZR--LAZR Investors Have Opportunity to Lead Luminar Technologies, Inc. Securities Fraud Lawsuit with the Schall Law Firm

KBRA Releases Research – Retail Sales Return to Growth in June as Inflationary Expectations Ease

Thu, 07/24/2025 - 18:09
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases research examining last month's bounce in retail sales amid signs that the Trump Administration is willing to negotiate trade deals. Click here to view the report. Recent Publications Shoppers Hit the Brakes in May as Trade Jitters Linger Potential Impact of Tariffs on Municipal Credit Van Hesser’s 3 Things in Credit: A Weekly Podcast About KBRA KBRA, one of the major credit rating agencies, is registered in the U.S., EU, and the UK. KBRA is recognized a

CORRECTING and REPLACING EVERTEC Declares Quarterly Dividend on Common Stock

Thu, 07/24/2025 - 18:09
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First paragraph, first sentence of release should read: ...per share on July 24, 2025 to be paid on September 5, 2025 to stockholders of record as of August 4, 2025. (instead of ...per share on May 2, 2025 to be paid on June 6, 2025 to stockholders of record as of May 13, 2025.) The updated release reads: EVERTEC DECLARES QUARTERLY DIVIDEND ON COMMON STOCK EVERTEC, Inc. (NYSE: EVTC) (“EVERTEC” or the “Company”) today announced that its Board of Directors

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