Lastest from Businesswire
AM Best Assigns Credit Ratings to Soteria Reinsurance Ltd.
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Soteria Reinsurance Ltd. (Soteria) (Bermuda). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect Soteria’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM). The ratings a
Oscar Health, Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights - OSCR
LOS ANGELES--(BUSINESS WIRE)--Oscar Health, Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights - OSCR
SolarWinds Announces Fourth Quarter and Full Year 2024 Results
AUSTIN, Texas--(BUSINESS WIRE)--SolarWinds Corporation (NYSE: SWI), a leading provider of simple, powerful, secure observability and IT management software, today reported results for its fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Financial Highlights Total revenue for the fourth quarter of $210.3 million, representing 6% year-over-year growth, and total recurring revenue representing 94% of total revenue. Net income for the fourth quarter of $72.7 million. Adjust
Central Securities Corporation Releases Annual Report to Stockholders for the Year Ended December 31, 2024
NEW YORK--(BUSINESS WIRE)--Central Securities Corporation (NYSE American: CET), a closed-end investment company, today released its Annual Report to Stockholders for the year ended December 31, 2024. Figures as of December 31, 2024, compared with those of one year ago, are as follows: December 31, December 31, 2024 2023 Net assets per common share $54.26 $46.49 Net assets $1,569,940,654 $1,319,864,836 Shares outstanding 28,935,676 28,387,828 Additional details are available at www.cen
The Charles Schwab Corporation Completes Secondary Offering of Common Stock
WESTLAKE, Texas--(BUSINESS WIRE)--Schwab completed the previously announced secondary offering by TD Group US Holdings LLC, an affiliate of The Toronto-Dominion Bank.
Q2 Announces Appointment of Andre Mintz to its Board of Directors
AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, announced today the appointment of Andre Mintz to its board of directors, effective March 1, 2025, and as a member of the Audit Committee and the Risk and Compliance Committee of Q2’s Board of Directors. Mintz brings over three decades of global experience in technology, cybersecurity and privacy, serving in senior-level positions at Meta, Newport Group,
Phillips 66 Announces Quarterly Dividend
HOUSTON--(BUSINESS WIRE)--Phillips 66 Announces Quarterly Dividend
Regions Financial Corporation Declares Quarterly Common and Preferred Stock Dividends
BIRMINGHAM, Ala.--(BUSINESS WIRE)--The Regions Financial Corp. Board of Directors declared cash dividends on its common shares and Series D, E and F preferred shares.
General American Investors Company Common/Preferred Stock – Dividend/Distribution
NEW YORK--(BUSINESS WIRE)--GAM Declares 2024 Spill-Over Dividend and Distribution on Common Stock & Quarterly Dividend and Distribution on Preferred Stock.
Pega’s AI Innovation Drives Strong ACV Growth and Record Cash Flow in Q4 2024
WALTHAM, Mass.--(BUSINESS WIRE)--Pegasystems Inc. (NASDAQ: PEGA), the Enterprise Transformation Company™, released its financial results for the fourth quarter and full-year 2024. “2024 was a transformative year for Pega, the industry, and our clients,” said Alan Trefler, Pega founder and CEO. “Our team’s impressive performance drove the introduction of the most innovative solutions in our history. The reaction from our clients and partners has been remarkable, leading to deeper engagement and
Albany International Included in Forbes’ America’s Best Employers 2025 List
ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International has been included on the Forbes list of America’s Best Employers 2025. This prestigious award is presented in collaboration with Statista, the world-leading statistics portal and industry ranking provider. The award list was announced on February 12th, 2025, and can be viewed on Forbes’ website. Forbes and Statista selected America’s Best Employers 2025 through an independent survey from a vast sample of over 217,000 U.S. employees working
Corebridge Financial Announces Fourth Quarter and Full Year 2024 Results
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. ("Corebridge" or the "Company") (NYSE: CRBG) today reported financial results for the fourth quarter and full year ended December 31, 2024. Kevin Hogan, President and Chief Executive Officer, said, "I am pleased to report strong performance for Corebridge, as we generated full year top-line and earnings growth with premiums and deposits of $41.7 billion and operating earnings per share of $4.83, an 18% increase year over year. Additionally, o
IF Bancorp, Inc. Announces Cash Dividend
WATSEKA, Ill.--(BUSINESS WIRE)--IF Bancorp, Inc. (NASDAQ Capital: IROQ) (the “Company”), the holding company for Iroquois Federal Savings and Loan Association, today announced that its Board of Directors declared a cash dividend of $0.20 per common share. The dividend will be paid on April 15, 2025, to stockholders of record as of the close of business on March 21, 2025. “We are pleased to continue paying a cash dividend to our stockholders,” said Walter H. Hasselbring, III, Chairman and Chief
Annaly Capital Management, Inc. Announces Preferred Dividends
NEW YORK--(BUSINESS WIRE)--Annaly Capital Management, Inc. Announces Preferred Dividends
CBL Properties Declares First Quarter Regular Dividend and Special Cash Common Stock Dividend
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE:CBL) today announced that its Board of Directors has declared a regular cash dividend of $0.40 per common share for the quarter ending March 31, 2025. The dividend, which equates to an annual dividend payment of $1.60 per common share, is payable on March 31, 2025, to shareholders of record as of March 13, 2025. CBL’s Board of Directors has also declared a special cash dividend of $0.80 per common share. The special dividend is required
Eagle Point Institutional Income Fund Announces Second Quarter 2025 Preferred Share Distributions
GREENWICH, Conn.--(BUSINESS WIRE)--Eagle Point Institutional Income Fund (the “Fund”) is pleased to announce the declaration of distributions on the Fund’s 8.125% Series A Term Preferred Shares due 2029 (the “Preferred Shares”) as follows: Amount per Preferred Share Record Date Payable Date $0.169271 April 10, 2025 April 30, 2025 $0.169271 May 12, 2025 May 30, 2025 $0.169271 June 10, 2025 June 30, 2025 The distributions on the Preferred Shares reflect an annual distribution rate of 8.125% of th
Q2 Holdings, Inc. Announces Fourth Quarter and Full-Year 2024 Financial Results
AUSTIN, Texas--(BUSINESS WIRE)--Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, today announced results for its fourth quarter and full year ending December 31, 2024. GAAP Results for the Fourth Quarter and Full-Year 2024 Revenue for the fourth quarter of $183.0 million, up 13 percent year-over-year and up 5 percent from the third quarter of 2024. Full-year 2024 revenue of $696.5 million, up 12 percent year-over-year. GAAP gross mar
First American Financial Reports Results for the Fourth Quarter and Full Year of 2024
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 and year ended Dec. 31, 2024. Current Quarter Highlights Earnings per diluted share of $0.69, or $1.35 per share on an adjusted basis Net investment losses of $86 million, or 61 cents per diluted share Tota
Eagle Point Income Company Inc. Announces Second Quarter 2025 Common and Preferred Distributions
GREENWICH, Conn.--(BUSINESS WIRE)---- $EIC--Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB, EICC) today is pleased to announce the declaration of distributions on shares of the Company’s common stock. For the second quarter of 2025, the Company is declaring three separate monthly distributions of $0.20 per share on its common stock. The distributions are payable based on the following schedule: Amount per Common Share Record Date Payable Date $0.20 April 10, 2025 April 30, 2025 $
Eagle Point Credit Company Inc. Announces Second Quarter 2025 Common and Preferred Distributions
GREENWICH, Conn.--(BUSINESS WIRE)---- $ECC--Eagle Point Credit Company Inc. (the “Company”) (NYSE: ECC, ECCC, ECC PRD, ECCF, ECCU, ECCV, ECCW, ECCX) today is pleased to announce the declaration of distributions on shares of the Company’s common stock. For the second quarter of 2025, the Company is declaring three separate monthly distributions of $0.14 per share on its common stock. The distributions are payable based on the following schedule: Amount per Common Share Record Date Payable Date $0.14 Apri