Lastest from Businesswire

ATLANTA--(BUSINESS WIRE)--Operation HOPE, a national nonprofit dedicated to helping low- and moderate-income Americans thrive in an ever-changing economy, announced today that it has launched its financial recovery and relief effort to provide immediate assistance to individuals, small businesses, and communities impacted by the recent devastating wildfires in the Los Angeles area. In collaboration with local and national partners, Operation HOPE is mobilizing its entire network of more than 30

WEST DES MOINES, Iowa--(BUSINESS WIRE)--Midland National® Life Insurance Company, a member company of Sammons Financial Group®, is seeing strong growth in annuity sales through its Midland Advisory channel. Established in 2020, Midland Advisory has invested in a strategy to bolster product sales through the Registered Investment Advisor (RIA) channel. In that time, the team has introduced several new annuity products, some of which have ranked first in their category. “Sammons Financial Group h

BRIDGEPORT, Conn.--(BUSINESS WIRE)--Three preschools in Bridgeport have transformed unused spaces into vibrant gardens, led by youth food advocate Zane Tickoo, Jessica Rosario of Groundwork Bridgeport, and Diego Osses of Green Village Initiative (GVI). These gardens are not only spaces for growing food but also serve as living classrooms and community gathering spaces in urban areas facing significant barriers to food access. With over 30% of Bridgeport residents experiencing food insecurity, a

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to seven classes of mortgage-backed certificates from Angel Oak Mortgage Trust 2025-1 (AOMT 2025-1), a $342.0 million non-prime RMBS transaction. The underlying collateral, comprised of 631 residential mortgages, is characterized by a significant concentration of loans underwritten using alternative income documentation. All the loans are either classified as non-qualified mortgages (56.6%) or exempt (43.4%) from the Ability-to-Repay/Q

DES MOINES, Iowa--(BUSINESS WIRE)-- #bycreditunionsforcreditunions--Early-stage fintech founders: Your opportunity to secure funding, industry connections, and credit union insights is here.

TALLAHASSEE, Fla.--(BUSINESS WIRE)--VisionFirst Advisors (VFA), a premier economic development consulting firm specializing in location advisory, labor and market intelligence and strategy, is proud to announce the addition of Minah Hall and Jennifer Carroll to its team. This partnership follows the merger of Compass Key Site Solutions into VisionFirst Advisors, further enhancing VFA’s tax and incentive capabilities and solidifying its leadership in the location advisory and site selection mark

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases its Day 2 recap of the CRE Finance Council (CREFC) January Conference 2025. Day 2 opened with an Industry Roundtable, which covered a wide range of topics. This was followed by three forums including issuers, investment-grade bondholders, and servicers. The keynote session featured a conversation with Ron Howard who discussed his childhood, media roles, and filmmaking. Rounding out the day’s events were sessions on both legislative developments and lendi

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 62 classes of mortgage backed notes from PMT Loan Trust 2025-INV1 (PMTLT 2025-INV1), a prime RMBS transaction sponsored by PennyMac Corp. (PennyMac), an indirect, wholly-owned subsidiary of PennyMac Mortgage Investment Trust (PMT). PMTLT 2025-INV1 comprises 928 fixed-rate mortgages (FRMs) with an aggregate principal balance of $346,620,705 as of the January 1, 2025 cut-off date. The underlying pool consists of agency-eligible loans

NEW YORK--(BUSINESS WIRE)--Marc Agnifilo, Founding Partner of Agnifilo Intrater LLP, serves as U.S.-based counsel for Ulugbek Shadmanov, a prominent Uzbek business leader who was illegally detained in Dubai on December 10, 2024. The United Arab Emirates held Mr. Shadmanov in custody for 30 days, denying him all communication – including with his lawyer – before extraditing him to Tashkent to face unspecified charges. “Ulugbek Shadmanov is the victim of a blatant political prosecution by authori

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Nevada General Insurance Company (NGIC) (Henderson, NV), which is under new ownership. The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect NGIC’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterpris

LOWELL, Mass. & WESTON, Fla.--(BUSINESS WIRE)--UKG, a leading provider of HR, payroll and workforce management solutions, proudly welcomes tennis champion Frances Tiafoe as its newest brand ambassador. A three-time titleholder on the Association of Tennis Professionals (ATP) Tour and a key member of Team USA in Davis Cup, the right-handed Tiafoe (Facebook, Instagram, X), 26, turned pro in 2015 and owns a career-high world ranking of 10th. The 2020 winner of the Arthur Ashe Humanitarian award, T

SANDY, Utah--(BUSINESS WIRE)--401GO, the next-generation retirement plan provider, announced the appointment of Stan Smith as Chief Growth Officer.

NEW YORK--(BUSINESS WIRE)--Patterson Belknap is pleased to announce that Kathryn Bi has joined the firm as a Partner in its Litigation department and as a member of the Patent Litigation practice. Ms. Bi helps clients resolve their toughest intellectual property and commercial cases, focusing her practice on complex technology disputes. She has successfully represented tech companies in numerous high-stakes patent cases. Ms. Bi has extensive experience in all aspects of patent litigation. She h

OAK BROOK, Ill.--(BUSINESS WIRE)--The Inland Real Estate Group, LLC (“Inland”), one of the nation’s largest commercial real estate investment and finance groups, has named Stacey Gore-Brown its new Chief Human Resources Officer and Executive Vice President. As Inland’s Chief Human Resources Officer and EVP, Mrs. Gore-Brown is responsible for developing and executing the human resources strategy in support of the overall business plan and strategic direction of the organization. “We are thrilled

NEW YORK--(BUSINESS WIRE)--The Board of Directors of Marsh McLennan (NYSE: MMC) today declared a quarterly dividend of $0.815 per share on outstanding common stock, payable on February 14, 2025 to stockholders of record on January 30, 2025. About Marsh McLennan Marsh McLennan (NYSE: MMC) is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $23 billion and more than 85,000

MINNEAPOLIS--(BUSINESS WIRE)--Courtney Kelso to join U.S. Bancorp as Head of Consumer Payments Organization

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Cardlytics, Inc. (“Cardlytics” or the “Company”) (NASDAQ: CDLX) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON CARDLYTICS, INC. (CDLX), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On August 7, 2024, Cardlytics released its second quarter 2024 finan

NEW YORK--(BUSINESS WIRE)--Focus Financial Partners Inc., an interdependent partnership of wealth management, business management, and related financial services firms, announced today that two Focus network firms, Lake Street Advisors Group, LLC and Edge Capital Group, LLC, have each entered into definitive agreements to join SCS Financial, Focus Partners Family Office and OCIO, headquartered in Boston, MA. Both transactions are expected to close in the first quarter of 2025, subject to custom

NEW YORK--(BUSINESS WIRE)--Pershing Square Capital Management, L.P. (“Pershing Square”) will host an X Live broadcast on Thursday, January 16, 2025, at 9:00 AM EST. During the broadcast, Pershing Square CEO Bill Ackman and other members of the Investment Team will make a presentation about Fannie Mae and Freddie Mac and their upcoming release from conservatorship. The broadcast can be accessed here: https://x.com/i/broadcasts/1vOxwrjeZgbJB About Pershing Square Capital Management, L.P. Pershing

HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) (the “Company”) today confirmed that it has previously received and rejected an unsolicited, non-binding proposal from QXO, Inc. (Nasdaq: QXO) to acquire all outstanding shares of the Company for $124.25 per share in cash. QXO’s proposal, publicized today, was received on November 11, 2024. Consistent with its fiduciary duties, and in consultation with its independent financial and legal advisors, Beacon’s Board of Directors (the “Board”) tho