Lastest from Businesswire

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases research evaluating the current landscape of bank mergers and acquisitions (M&A) and the potential implications for credit ratings. Following the 2024 U.S. presidential election, a more bank-friendly regulatory environment has spurred renewed M&A activity across the sector, though deal flow to date has been more of a swell than a tsunami. Shortened approval timelines and recent Financial Accounting Standards Board (FASB) changes to M&A accoun

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Trinidad & Tobago Insurance Limited (TATIL) (Trinidad and Tobago). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect TATIL’s balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, limited business profile and appropriate enterprise risk management (ERM).

LOWELL, Mass.--(BUSINESS WIRE)--UKG, a leading provider of AI-guided HR, payroll, and workforce management solutions, was named a Leader for the third year in a row in the Gartner Magic Quadrant for Cloud HCM Suites for 1,000+ Employee Enterprises report. It was evaluated for its UKG Pro HCM suite, a powerful, all-in-one solution that helps organizations manage the entire employee lifecycle—from recruitment to retirement. The UKG Pro suite integrates HR, payroll, talent, timekeeping, scheduling

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces that a shareholder filed a class action on behalf of purchasers of securities of Lantheus Holdings, Inc. (NASDAQ: LNTH) between February 26, 2025 and August 5, 2025. Lantheus describes itself as a “global company that develops, manufactures, sells, and distributes certain diagnostic and therapeutic products.” For more information, submit a form, email attorney Phillip Kim, or give us a call at 866-767-3653.

MORRISTOWN, N.J.--(BUSINESS WIRE)-- #HNWI--Premier Path Wealth Partners to Host Business Transition Seminar for Business Owners and Entrepreneurs on September 30 at Park Ave Club

OLDWICK, N.J.--(BUSINESS WIRE)--Video playback is now available for a complimentary webinar, titled, “Inside Today’s Surplus Lines Market,” hosted by AM Best and sponsored by the WSIA Education Foundation. Access it here. In this one-hour webinar, a panel of industry leaders in the U.S. surplus lines insurance sector reviews the market in addition to highlights from a new report. Panelists include: Dawn D'Onofrio, executive vice president, global CUO, Ryan Specialty Underwriting Managers Brady

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb” (Good) of Palomar Holdings, Inc. (Palomar) (Delaware) [NASDAQ: PLMR], the ultimate parent and insurance holding company of Palomar Specialty Insurance Company (PSIC) (Portland, OR), Palomar Excess and Surplus Insurance Company (PESIC) (Phoenix, AZ) and Palomar Specialty Reinsurance Company Bermuda Ltd. (Palomar Re) (Bermuda). Concurrently, AM Best has affirmed the Financial Strength

NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Potbelly Corporation (NasdaqGS: PBPB) to RaceTrac, Inc. Under the terms of the proposed transaction, shareholders of Potbelly will receive $17.12 in cash for each share of Potbelly that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate,

NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Tourmaline Bio, Inc. (NasdaqGS: TRML) to Novartis AG. Under the terms of the proposed transaction, shareholders of Tourmaline will receive $48.00 in cash for each share of Tourmaline that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequat

ARLINGTON, Va.--(BUSINESS WIRE)--Graham Holdings Company (NYSE: GHC) today declared a regular quarterly dividend of $1.80 per share, payable on November 6, 2025, to shareholders of record on October 16, 2025.

NEW YORK--(BUSINESS WIRE)--Delfi, the AI-native risk management platform for financial institutions, has introduced the Optimal Duration Index (ODIN), a benchmark designed to bring clarity to loan origination decisions in today’s uncertain interest rate environment. ODIN is powered by Delfi’s Overwatch analytics engine, which runs high-fidelity simulations of financial institutions’ balance sheets to pinpoint the loan portfolio duration that maximizes profitability. The inaugural reading indica

NASHVILLE, Tenn.--(BUSINESS WIRE)--Pinnacle Financial Partners (Nasdaq/NGS: PNFP) has landed at No. 3 on the list of the nation’s Best Large Workplaces in Financial Services and Insurance by FORTUNE magazine and Great Place to Work® in the large company category. The firm held the No. 3 spot in 2024. This marks the ninth consecutive year Pinnacle has earned this recognition, alongside much larger institutions Synchrony and American Express, reinforcing Pinnacle’s national reputation as a magnet

LANCASTER, Pa.--(BUSINESS WIRE)-- #ceo--Saxton & Stump founding CEO James W. Saxton to step down; business lawyer Thomas J. Kent, Jr. to become CEO effective January 1, 2026

NEW YORK--(BUSINESS WIRE)--Graycliff Partners is pleased to announce its investment in Vytex, LLC (“Vytex”), a manufacturer of customized vinyl windows and patio doors for the residential replacement and remodeling industry. Founded in 1988, Vytex has been a trusted name in home renovation for nearly four decades, delivering innovative, high-performance vinyl windows and patio doors. Its product portfolio includes the Georgetown, Fortis, and Potomac window series, along with the Signature line

MEXICO CITY--(BUSINESS WIRE)-- #LetsSolveWater--Xylem and Amazon are working together with local water utilities to save water and improve supply for residents in Monterrey and Mexico City.

NEW YORK & LONDON--(BUSINESS WIRE)--As new U.S. tariffs took effect in August, hedge funds increased short positions in large-cap tech and indexed names while select EMEA/APAC names showed acute utilization spikes, which could signify a potential short squeeze that sometimes accompanies high utilization and fees according to Hazeltree, a leading provider of integrated treasury and liquidity management solutions for alternative asset managers. Short interest in large-cap tech names in the Americ

DALLAS--(BUSINESS WIRE)--SmartMoving, the Inc. 5000-ranked profitability platform built for moving companies, today announced the launch of Smart Scout and Smart Marketing. These new features help movers capture more leads, convert faster, and boost revenue without adding headcount or juggling third-party tools. Built directly into SmartMoving’s all-in-one system, Smart Scout and Smart Marketing give movers a full sales and marketing engine that runs while they work. “In this business, the comp

SAN FRANCISCO--(BUSINESS WIRE)--Monte Carlo, the data + AI observability leader, today announced the appointment of Wayne Jin as Chief Marketing Officer. With over two decades of experience leading marketing and growth initiatives at category-defining technology companies, Jin will spearhead Monte Carlo’s global marketing strategy as the company continues to scale and support its customers in the evolution of data + AI reliability. In this role, Jin will oversee all marketing initiatives includ

LONDON--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A (Excellent) and Long-Term Issuer Credit Rating of “a” (Excellent) of Jupiter Insurance Limited (Jupiter) (Guernsey), a captive insurer of BP p.l.c. (bp) [NYSE: BP], an integrated global energy company. The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Jupiter’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business prof

ISELIN, N.J.--(BUSINESS WIRE)-- #Blockchain--1Kosmos delivers a multi-modal, continuous, and adaptive workforce identity verification platform that adjusts to business risk and context.