Lastest from Businesswire

Subscribe to Lastest from Businesswire feed Lastest from Businesswire
Business Wire - The global leader in news distribution
Updated: 2 hours 32 min ago

Allstate Reports Fourth Quarter 2023 Results

Wed, 02/07/2024 - 18:05
NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today reported financial results for the fourth quarter of 2023. The Allstate Corporation Consolidated Highlights (1)   Three months ended December 31,   Twelve months ended December 31, ($ in millions, except per share data and ratios) 2023 2022 % / pts Change   2023 2022 % / pts Change Consolidated revenues $ 14,832 $ 13,648   8.7 %   $ 57,094   $ 51,411   11.1 % Net income (loss) applicable to common shareholders   1,460

Ellington Financial Announces Estimated Book Value Per Common Share as of December 31, 2023

Wed, 02/07/2024 - 18:05
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced its estimated book value per share of common stock of $13.83 as of December 31, 2023. Cautionary Statement Regarding Forward-Looking Statements Estimated book value per common share is subject to change upon completion of the Company's month-end and quarter-end valuation procedures relating to its investment positions, and any such change could be material. There can be no assurance that

Phillips 66 Announces Quarterly Dividend

Wed, 02/07/2024 - 18:05
HOUSTON--(BUSINESS WIRE)--The board of directors of Phillips 66 has declared a quarterly dividend of $1.05 per share on Phillips 66 common stock.

JAB Welcomes Gordon von Bretten as Partner

Wed, 02/07/2024 - 18:05
LUXEMBOURG--(BUSINESS WIRE)--JAB is pleased to welcome Gordon von Bretten to the JAB Partnership, effective April 1, 2024. Based in London, von Bretten brings 30 years of operational experience, with a strong track record of value creation and performance enhancement. Mr. von Bretten has served as Chief Transformation Officer of Coty since 2020. Over the last four years, he has led Coty’s strategic transformation program that has been instrumental to reigniting the company's financial performan

Former Goldman Sachs Wealth Advisor Creates RIA for Entrepreneurs and Executives: ALFA Advisory

Wed, 02/07/2024 - 18:05
DENVER--(BUSINESS WIRE)--ALFA Advisory is proud to announce its launch as an independent Registered Investment Advisor. The firm is headquartered in Denver, Colorado and works with clients across the country. ALFA helps entrepreneurs, business owners and executives protect their personal wealth, optimize the growth and value of their business, and create a meaningful personal and professional legacy. To do so, the firm is structured to provide clear and coordinated advice, robust and personaliz

Radian Announces Fourth Quarter and Full Year 2023 Financial Results

Wed, 02/07/2024 - 18:05
WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) today reported net income for the quarter ended December 31, 2023, of $143 million, or $0.91 per diluted share. This compares with net income for the quarter ended December 31, 2022, of $162 million, or $1.01 per diluted share. Net income for the full year 2023 was $603 million, or $3.77 per diluted share. This compares with net income for the full year 2022 of $743 million, or $4.35 per diluted share. Key Financial Highlights   Quarter

HUT CLASS ACTION NOTICE: Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit Against Hut 8 Corp.

Wed, 02/07/2024 - 18:05
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), announces that it has filed a class action lawsuit in the United States District Court for the Southern District of New York, captioned Mayiras v. Hut 8 Corp., et al., Case No. 24-cv-00904, on behalf of persons and entities that purchased or otherwise acquired Hut 8 Corp. (“Hut 8” or the “Company”) (NASDAQ: HUT) securities between November 9, 2023 and January 18, 2024, inclusive (the “Class Period”). Plaintiff pursues claims

Chris Inglis Elected to AIG’s Board of Directors

Wed, 02/07/2024 - 18:05
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that its Board of Directors has elected John (Chris) Inglis as an independent Director, effective March 1, 2024. A former National Cyber Director and an advisor to President of the United States Joe Biden on cybersecurity from 2021 to 2023, Mr. Inglis is a leading expert on cyber intelligence and security, with a distinguished career in U.S. federal defense, public and private sector service, and academia.

DHI Group Reports 2023 Fourth Quarter and Full Year Financial Results

Wed, 02/07/2024 - 18:05
CENTENNIAL, Colo.--(BUSINESS WIRE)--DHI Group, Inc. (NYSE: DHX) (“DHI” or the “Company”) today announced financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Financial Highlights(1) Total revenue was $37.3 million, down 6% year over year. Total bookings were $36.1 million, down 4% year over year. Net income was $2.1 million, or $0.05 per diluted share, a net income margin of 6%, compared to net income of $2.4 million, or $0.05 per diluted share, a

Regional Management Corp. Announces Fourth Quarter 2023 Results

Wed, 02/07/2024 - 18:05
GREENVILLE, S.C.--(BUSINESS WIRE)--Regional Management Corp. (NYSE: RM), a diversified consumer finance company, today announced results for the fourth quarter ended December 31, 2023. “We took a series of actions in the fourth quarter to put the business back on a more normalized earnings trajectory for 2024, including strong first quarter profits,” said Robert W. Beck, President and Chief Executive Officer of Regional Management Corp. “While the fourth quarter actions resulted in a net loss o

The RMR Group Inc. Announces First Quarter Fiscal 2024 Results

Wed, 02/07/2024 - 18:05
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) today announced its financial results for the fiscal quarter ended December 31, 2023, which can be found at the Quarterly Results section of RMR’s website at https://www.rmrgroup.com/investors-and-media/financial-information/default.aspx. A conference call to discuss RMR’s fiscal first quarter results will be held on Thursday, February 8, 2024 at 10:00 a.m. Eastern Time. The conference call may be accessed by dialing (844) 481-294

Moelis & Company Reports Fourth Quarter and Full Year 2023 Financial Results; Declares Regular Quarterly Dividend of $0.60 Per Share

Wed, 02/07/2024 - 18:05
NEW YORK--(BUSINESS WIRE)-- #earnings--Moelis & Company reports Fourth Quarter and Full Year 2023 financial results; declares regular quarterly dividend of $0.60 per share

Annaly Capital Management, Inc. Reports 4th Quarter 2023 Results

Wed, 02/07/2024 - 18:05
NEW YORK--(BUSINESS WIRE)--Annaly Capital Management, Inc. Reports 4th Quarter 2023 Results

TPG RE Finance Trust, Inc. Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call Dates

Wed, 02/07/2024 - 18:05
NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced it will release financial results for the fourth quarter and year ended 2023 and file its Form 10-K and earnings supplemental after the market close on Tuesday, February 20, 2024. CONFERENCE CALL AND WEBCAST INFORMATION The Company will host a conference call and webcast to review its financial results with investors and other interested parties at 9:00 a.m. ET on Wednesday, February 21,

Barings BDC, Inc. Prices Public Offering of $300 Million of 7.000% Notes due 2029

Wed, 02/07/2024 - 18:05
CHARLOTTE, N.C.--(BUSINESS WIRE)--Barings BDC, Inc. (NYSE: BBDC) (“Barings BDC”) announced today that it has priced an underwritten public offering of $300 million in aggregate principal amount of 7.000% notes due 2029 (the “Notes”). The Notes will bear interest at a rate of 7.000% per year, payable semiannually, will mature on February 15, 2029 and may be redeemed in whole or in part at Barings BDC’s option at any time at par plus a “make-whole” premium, if applicable. The offering is expected

First American Financial Reports Results for the Fourth Quarter and Full Year of 2023

Wed, 02/07/2024 - 18:05
SANTA ANA, Calif.--(BUSINESS WIRE)--First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today announced financial results for the fourth quarter ended Dec. 31, 2023. Current Quarter Highlights Results were materially impacted by the company's previously disclosed cybersecurity incident Earnings per diluted share of $0.33, or $0.69 per share on an ad

News Corporation Reports Second Quarter Results for Fiscal 2024

Wed, 02/07/2024 - 18:05
NEW YORK--(BUSINESS WIRE)--News Corporation (“News Corp” or the “Company”) (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) today reported financial results for the three months ended December 31, 2023. Commenting on the results, Chief Executive Robert Thomson said: “News Corp again saw growth in both revenue and profitability this quarter as we continue to realize the collective benefit of our strategic shift to digital and subscription revenues, and away from sometimes volatile advertising revenues. Our

CSB Bancorp, Inc. Declares First Quarter Cash Dividend

Wed, 02/07/2024 - 18:05
MILLERSBURG, Ohio--(BUSINESS WIRE)--CSB Bancorp, Inc., (OTC Pink: CSBB) today announced that the Company’s Board of Directors has declared a first quarter cash dividend of $0.39 per share on its common stock, payable March 19, 2024, to shareholders of record as of March 5, 2024. The dividend represents a $0.01 increase in the quarterly cash dividend. CSB Bancorp, Inc. is a financial holding company headquartered in Millersburg, Ohio, with approximate assets of $1.2 billion as of December 31, 20

JPMorgan Commences Exchange Offer Relating to its Alerian MLP Index ETNs

Wed, 02/07/2024 - 18:05
NEW YORK--(BUSINESS WIRE)--JPMorgan Chase & Co. (“JPMorgan Chase” or the “Firm”) and JPMorgan Chase Financial Company LLC (“JPMorgan Financial”) announced today the commencement of JPMorgan Financial’s offer to exchange (the “Exchange Offer”) its newly offered Alerian MLP Index ETNs due January 28, 2044 (CUSIP: 48133Q309) (the “New Notes” ) for any and all outstanding Alerian MLP Index ETNs due May 24, 2024 (CUSIP: 46625H365) issued by JPMorgan Chase (the “Old Notes” and together with the N

Horace Mann reports strong fourth-quarter and full-year 2023 results

Wed, 02/07/2024 - 18:05
SPRINGFIELD, Ill.--(BUSINESS WIRE)--Horace Mann Educators Corporation (NYSE:HMN), the largest financial services company focused on helping America’s educators and a core small-cap value equity in the Financials sector, today reported financial results for the three months and full year ended December 31, 2023: Diversified business delivered full-year net income of $45 million, or $1.09 per share, and core earnings* of $64 million, or $1.54 per share, with reported book value of $28.78 and adju

Pages