Lastest from Businesswire
Genworth Issues Statement on Favorable Ruling for AXA in UK Payment Protection Insurance Case
RICHMOND, Va.--(BUSINESS WIRE)---- $GNW #genworth--Genworth Issues Statement on Favorable Ruling for AXA in UK Payment Protection Insurance Case
AM Best Downgrades Credit Ratings of Construction Guarantee Cooperative
HONG KONG--(BUSINESS WIRE)-- #insurance--AM Best has downgraded the Financial Strength Rating to A (Excellent) from A+ (Superior) and the Long-Term Issuer Credit Rating to a+ (Excellent) from “aa-” (Superior) of Construction Guarantee Cooperative (CG) (South Korea). The outlooks of these Credit Ratings (ratings) have been revised to stable from negative. The ratings reflect CG’s balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, favourable business pr
AM Best Downgrades Credit Ratings of Oxford Insurance Companies’ Members; Places Credit Ratings Under Review With Developing Implications
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has downgraded the Financial Strength Rating (FSR) to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a-” (Excellent) from “a” (Excellent) for the members of Oxford Insurance Companies (Oxford). Concurrently, AM Best has placed these Credit Ratings (ratings) under review with developing implications. See below for a detailed listing of members and ratings. The ratings reflect Oxford’s balance sheet strength, w
Volcon Initiates Strategic Bitcoin Treasury Program and Expands Share Repurchase Authorization to $100 Million
AUSTIN, Texas--(BUSINESS WIRE)---- $VLCN #BTC--Volcon, Inc. (NASDAQ: VLCN) (the “Company,” “Volcon” or “Empery Digital”) today announced that as of July 25th at 8:00am ET, the Company holds 3,183.37 BTC acquired for an aggregate purchase price of ~$375 million, reflecting an average purchase price of $117,697 per BTC. The Company has also sold various short-term put contracts giving the Company the opportunity to potentially buy additional BTC at $115,000, $116,000 and $117,000 while collecting option premium
American Business Bank Declares Cash Dividend
LOS ANGELES--(BUSINESS WIRE)--AMERICAN BUSINESS BANK DECLARES CASH DIVIDEND
Arch Introduces New Supplemental Health Insurance Products to Help Bridge Coverage Gaps
HUNT VALLEY, Md.--(BUSINESS WIRE)--Arch Insurance’s Accident & Health business unit, a leading provider of both business and consumer insurance products, is pleased to announce the launch of its new Individual Supplemental Health product suite. These products are designed to help individuals manage out-of-pocket expenses not typically covered by major medical plans, including deductibles, co-insurance and out-of-network charges through a variety of benefits including Accident Medical Expens
CBB Bancorp, Inc. Reports Second Quarter 2025 Financial Results
LOS ANGELES--(BUSINESS WIRE)--CBB Bancorp, Inc. ("CBB" or the "Company') (OTCQX: CBBI), the holding company of Commonwealth Business Bank, doing business as “CBB Bank” (the "Bank"), announced today net income of $4.4 million for the second quarter 2025, or $0.41 per diluted share compared to $4.5 million in the first quarter 2025, or $0.42 per diluted share. Second Quarter 2025 Highlights Net income of $4.4 million, or $0.41 per diluted share Net interest margin expanded to 3.46%, up from 3.38%
Mitek to Report Fiscal 2025 Third Quarter Financial Results on Aug. 7, 2025
SAN DIEGO--(BUSINESS WIRE)--Mitek Systems, Inc. (NASDAQ: MITK), a global leader in digital identity verification and fraud prevention, today announced that it will release its financial results for the third quarter of fiscal year 2025, which ended June 30, 2025, after the U.S. market closes on Thursday, Aug. 7, 2025. Mitek will host a conference call and live webcast to discuss the results at 2 p.m. PT (5 p.m. ET). Mitek CEO Ed West and CFO Dave Lyle will lead the call, followed by a Q&A s
Pathward Financial, Inc. to Announce Preliminary Third Quarter 2025 Earnings and Host Conference Call on July 28, 2025
SIOUX FALLS, S.D.--(BUSINESS WIRE)--Pathward Financial, Inc. (“Pathward Financial”, the “Company”) (Nasdaq: CASH) today announced it will release preliminary financial results for the third quarter of fiscal year 2025 on Monday, July 28, 2025, after market close. These preliminary financial results are subject to change based upon the outcome of restatement of prior consolidated financial statements and changes to the accounting methodology mentioned in the Company’s Form 8-K filed with the Sec
BitGo Establishes Official Presence in Brazil to Offer Crypto Custody and Digital Treasury Services to Financial Institutions
SÃO PAULO--(BUSINESS WIRE)--BitGo, a leading digital asset infrastructure company, today announces the operations launch of BitGo Brasil Tecnologia Ltda., its Brazilian subsidiary established to reinforce the company’s commitment to international expansion and alignment with upcoming regulations for virtual asset service providers. With over a decade of experience in custody solutions, products, and services for digital assets, BitGo believes that ongoing discussions in Brazil are moving toward
Bradford Health Services Earns Coveted "Great Place To Work"® Certification
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Bradford Health Services, a leading provider of drug and alcohol addiction treatment across the Southeastern U.S., today announced it has been officially certified as a Great Place To Work®. This recognition, awarded by the global authority on workplace culture, underscores Bradford Health’s commitment to building a supportive, inclusive, and high-trust environment for its more than 1,600 U.S.-based employees. Bradford Health achieved certification with 67% of
BetterRX Receives Strategic Investment from BVP Forge to Transform Hospice Pharmacy Care Nationwide and Appoints Tim Tannert as CEO
SALT LAKE CITY--(BUSINESS WIRE)--BetterRX, the leading hospice pharmacy platform, today announced a strategic growth investment from BVP Forge, to accelerate its future growth. BetterRX also announced the appointment of Tim Tannert as its new CEO. The investment will support BetterRX’s mission to end needless suffering caused by medication delays by expanding its platform reach, accelerating innovation, and advancing the standard of care in hospice medication management. Purpose-built for hospi
Tompkins Financial Corporation Reports Improved Second Quarter Financial Results
ITHACA, N.Y.--(BUSINESS WIRE)--Tompkins Financial Corporation (NYSE American: TMP) Tompkins Financial Corporation ("Tompkins" or the "Company") reported diluted earnings per share of $1.50 for the second quarter of 2025, up 9.5% from the immediate prior quarter, and up 36.4% from the diluted earnings per share of $1.10 reported for the second quarter of 2024. Net income for the second quarter of 2025 was $21.5 million, up $1.8 million, or 9.1%, compared to the first quarter of 2025, and up $5.8
Tompkins Financial Corporation Reports Cash Dividend
ITHACA, N.Y.--(BUSINESS WIRE)--Tompkins Financial Corporation (NYSE American: TMP) Tompkins Financial Corporation announced today that its Board of Directors approved payment of a regular quarterly cash dividend of $0.62 per share, payable on August 15, 2025, to common shareholders of record on August 8, 2025. Tompkins Financial Corporation is a banking and financial services company serving the Central, Western, and Hudson Valley regions of New York and the Southeastern region of Pennsylvania.
NEOS Investments Announces July 2025 ETF Suite Distributions
WESTPORT, Conn.--(BUSINESS WIRE)--NEOS Investments, an asset management firm comprised of leaders and pioneers in the options-based ETF space, announces July monthly distribution amounts for their suite of ETFs that pursue monthly income and tax efficiency across core portfolio exposures. ETF distribution information as of the July 2025 Ex-Div Date (7/23/2025) Distribution Rate* Amount / Share (%) Amount / Share ($) Distribution Frequency 30-Day SEC Yield** Bitcoin High Income ETF (BTCI) 27.9
TrustPoint.AI® Expands Leadership Team With Heads of Sales and Client Relationships
SAN MATEO, Calif.--(BUSINESS WIRE)--TrustPoint Technologies, Inc. the leader in AI-powered SaaS technology for construction and renovation loan management, today announced the appointments of Marie Johnson Wick as Head of Sales and Lisa Alberti as Head of Client Relationships. These strategic hires support TrustPoint’s next phase of growth and deepen its leadership capacity as the company scales its go-to-market and client relationship teams. “Our industry is undergoing rapid institutionalizati
Johnson Fistel Investigates Fairness of Proposed Sale of Skechers to 3G Capital
SAN DIEGO--(BUSINESS WIRE)--Shareholder rights law firm Johnson Fistel, PLLP has launched an investigation into whether the board members of Skechers U.S.A., Inc. (NYSE: SKX) breached their fiduciary duties in connection with the proposed sale of the Company to 3G Capital Corp. (“3G”). On May 5, 2025, Skechers entered into a definitive agreement pursuant to which 3G will acquire all outstanding shares of the Company in a go-private transaction. Under the terms of the agreement, each holder of C
Sierra Bancorp Declares Quarterly Cash Dividend
PORTERVILLE, Calif.--(BUSINESS WIRE)--Sierra Bancorp Declares Quarterly Cash Dividend
REX Shares Launches Two New T-REX 2X Single-Stock ETFs on CRWV and SMR
NEW YORK--(BUSINESS WIRE)--REX Shares is pleased to announce the launch of two new leveraged ETFs: the T-REX 2X Long SMR Daily Target ETF (CBOE: SMUP) and the T-REX 2X Long CRWV Daily Target ETF (CBOE: CRWU). These ETFs offer traders 2x daily exposure to: NuScale Power Corporation (SMR) — a pioneer in small modular nuclear reactor technology CoreWeave (CRWV) — a key player in the AI and GPU cloud infrastructure space The launch of SMUP and CRWU expands REX’s growing suite of T-REX ETFs, designe
Robbins Geller Rudman & Dowd LLP Announces Proposed Settlement in the Tivity Health Securities Litigation
SAN DIEGO--(BUSINESS WIRE)--The following statement is being issued by Robbins Geller Rudman & Dowd LLP regarding the proposed Settlement in the Tivity Health Securities Litigation: UNITED STATES DISTRICT COURT MIDDLE DISTRICT OF TENNESSEE ROBERT STROUGO, Individually and on Behalf of All Others Similarly Situated, Civil Action No. 3:20-cv-00165 CLASS ACTION Plaintiff, Judge Waverly D. Crenshaw, Jr. vs. Magistrate Judge Jeffery S. Frensley TIVITY HEALTH, INC., et al., SUMMAR