Lastest from Businesswire

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Financial Strength Rating (FSR) of A- (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) to Eden Insurance Company (Eden). Concurrently, AM Best has removed from under review with negative implications and affirmed the FSR of A- (Excellent) and the Long-Term ICRs of “a-” (Excellent) of IMT Insurance Company and Wadena Insurance Company. The outlook assigned to all these Credit Ratings (ratings) is negative.

DALLAS--(BUSINESS WIRE)--Christine Arnold, a former global vice president of human resources for Copart, Inc., a global leader in online vehicle auctions, has sued the Dallas-based Fortune 500 company alleging gender discrimination, retaliation and sexual harassment. Ms. Arnold worked for Copart for 17 years before she was fired in retaliation for raising concerns about pay disparities between genders, glass ceiling barriers, and sexual harassment by male employees directed toward herself and o

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to ten classes of mortgage pass-through certificates from CROSS 2025-H3 Mortgage Trust, an RMBS transaction issued under the CROSS shelf, where Hildene in affiliation with CrossCountry Mortgage and CrossCountry Capital sponsored the transaction. The $413.4 million transaction is collateralized by a pool of 830 residential mortgages originated by CCM, including a meaningful concentration of collateral that KBRA considers to be “non-prim

DALLAS--(BUSINESS WIRE)--Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of Ann Barnet, Inc. dba Metro Signs to Texas Heritage Imaging & Printing, LLC. The acquisition closed March 26, 2025. Located in Arlington, Texas, Ann Barnet, Inc. dba Metro Signs is a full-service signage company specializing in high-quality custom signs, vehicle wraps, and graphic solutions for businesses across various industries. Th

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases a research report exploring how recent tariff escalations may impact various structured finance sectors. While the full impact of the recent spike in tariffs has yet to materialize, early estimates from Evercore ISI indicate that the U.S. effective tariff rate has reached its highest level in more than a century. These elevated trade barriers could create significant economic headwinds, thereby increasing the risk of recession while also driving inflatio

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, reminds shareholders that an investor filed a class action on behalf of purchasers of securities of Alarum Technologies Ltd. (NASDAQ: ALAR) between March 14, 2024 and August 26, 2024. Alarum is a Software as a Service (“SaaS”) provider. For more information, submit a form, email attorney Phillip Kim, or give us a call at 866-767-3653. The Allegations: Rosen Law Firm is Investigating the Allegations that Alarum Technol

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, reminds investors that a shareholder filed a class action on behalf of purchasers of securities of Intellia Therapeutics, Inc. (NASDAQ: NTLA) between July 30, 2024 and January 8, 2025. Intellia describes itself as a “leading clinical-stage gene editing company, focused on developing potentially curative therapeutics using CRISPR/Cas9-based technologies.” For more information, submit a form, email attorney Phillip Kim,

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming April 14, 2025 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired Merck & Co (“Merck” or the “Company”) (NYSE: MRK) securities between February 3, 2022, to February 3, 2025, inclusive (the “Class Period”). IF YOU ARE AN INVESTOR WHO LOST MONEY ON MERCK & CO (MRK), CLICK HERE TO PARTICIPATE IN THE SECURITIES FRAUD

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Canopy Growth Corporation (“Canopy” or the “Company”) (NASDAQ: CGC) securities between May 30, 2024 and February 6, 2025, inclusive (the “Class Period”). Canopy investors have until June 3, 2025 to file a lead plaintiff motion. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN CANOPY GROWTH CORPORATION (CGC), CONTACT THE LAW OFFICES OF HOWARD G. SM

JACKSONVILLE, Fla.--(BUSINESS WIRE)--UBS today announced that 65 financial advisors in the firm’s Florida Wealth Management Market have been named to the Forbes Best-in-State Wealth Advisors list for 2025. Among those recognized, UBS advisor Christopher Aitken was named #1 in the Jacksonville area, and Naples-based advisors Joe Matina and Jason Stephens were recognized in the top 250 advisors nationally by Forbes. The Florida Wealth Management Market is led by Market Executive Lane Strumlauf an

NASHVILLE, Tenn.--(BUSINESS WIRE)--HireRight has completed its acquisition of ClearChecks, a background screening provider focused on the SMB market.

DALLAS--(BUSINESS WIRE)--Hilgers Graben is pleased to announce that its Dallas office managing partner, Grant Schmidt, has been named to Lawdragon’s 100 Managing Partners You Need to Know 2025. The nationally recognized legal publication recently debuted the new category, describing those listed as leaders who are “embracing enthusiastic, creative, driven, and intelligent approaches to law firm growth, performance, management, and vision.” “Grant is truly a one-of-a-kind leader,” said firm foun

WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (“ATSG”), a global leader in medium widebody freighter aircraft leasing, air transport operations, and support services, today announced the completion of its acquisition by Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, in an all-cash transaction with an enterprise valuation of approximately $3.1 billion. “Today marks an important milestone in ATSG’s journey,” said Mike Berge

KANSAS CITY, Mo.--(BUSINESS WIRE)--Kansas City Fed President Addresses Secured Finance Network Amid Market Turmoil; Vows to Fight Inflation

CONWAY, Ark.--(BUSINESS WIRE)--Acxiom®, the connected data and technology foundation for the world’s leading brands, today announced it has been honored with the 3 Star Employer Award in the 2025 VETS Indexes Employer Awards program. This recognition highlights Acxiom’s ongoing commitment to recruiting, hiring, retaining, developing, and supporting veterans and the military-connected community. View the full list of awardees here: https://vetsindexes.com/award-results-2025. “Acxiom has demonstr

NEW YORK--(BUSINESS WIRE)--Ordergroove, the leading provider of subscription solutions for the world’s largest brands and retailers, is proud to unveil Ordergroove Experiments, their newest innovation that combines its industry-leading flexible promotions with A/B testing. Brands adopting this new functionality are already driving up to 10% more subscription revenue with each test. In researching innovative new ways to deliver growth, Ordergroove found that 91% of brands aren’t testing subscrip

MIAMI--(BUSINESS WIRE)---- $HCKT #ai--The Hackett Group, Inc. (NASDAQ: HCKT), a leading Gen AI strategic consultancy and executive advisory firm, today announced findings from its 2025 Key Issues Study, revealing that human resources leaders are rapidly adopting generative AI (Gen AI) to advance human capital objectives. Sixty-six percent of human resources (HR) organizations are already using AI-powered tools in some capacity. Yet, HR workloads are set to rise by 10% in 2025 while budgets shrink by 1.5% and

WIXOM, Mich.--(BUSINESS WIRE)--Future Pak, LLC (“Future Pak”) today announced that it has submitted two formal proposals since January to acquire all outstanding shares of common stock of Theratechnologies Inc. (“Theratechnologies”) (NASDAQ: THTX). The most recent proposal, which remains open for consideration by Theratechnologies and its Board of Directors, offers a cash consideration of $3.51 to $4.50 per share. The proposal represents a total enterprise value of up to $255 million, comprisin

GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. announced today the Company’s Board of Directors has declared a cash dividend of $0.17 per share on its Common Stock (NYSE: DX) for April 2025. The dividend is payable on May 1, 2025, to shareholders of record as of April 23, 2025. About Dynex Capital Dynex Capital, Inc. is a financial services company committed to ethical stewardship of stakeholders' capital; employing comprehensive risk management and disciplined capital allocation to gene

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 8 classes of mortgage-backed certificates from Morgan Stanley Residential Mortgage Loan Trust 2025-HX1 (MSRM 2025-HX1), a $299.4 million non-prime RMBS transaction. The underlying collateral, comprising of 787 residential mortgages originated by HomeXpress Mortgage Corp., is characterized by a notable concentration of alternative income documentation (90.5%). The majority of the loans are either classified as non-qualified mortgages