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Ares Commercial Real Estate Corporation Reports Second Quarter 2025 Results

Lastest from Businesswire - Tue, 08/05/2025 - 06:15
NEW YORK--(BUSINESS WIRE)--Ares Commercial Real Estate Corporation (the “Company”) (NYSE:ACRE), a specialty finance company primarily engaged in directly originating and investing in commercial real estate assets, reported generally accepted accounting principles (“GAAP”) net income (loss) of $(11.0) million or $(0.20) per diluted common share and Distributable Earnings (Loss)(1) of $(27.9) million or $(0.51) per diluted common share for the second quarter of 2025. “In the second quarter, we co

Lemonade Announces Second Quarter 2025 Financial Results

Lastest from Businesswire - Tue, 08/05/2025 - 06:15
NEW YORK--(BUSINESS WIRE)--Lemonade, Inc. (NYSE: LMND) has released its second quarter 2025 financial results by posting them to its website. You may view the financial results in the Q2 2025 Letter to Shareholders. Today, Lemonade will host a conference call at 8:00 am Eastern time (5:00 am Pacific time) to discuss the results. To join the call, please dial in, toll-free at (833) 470-1428, or at (404) 975-4839; conference ID: 820365. To join the live webcast please visit the Lemonade Investor

Gartner Reports Second Quarter 2025 Financial Results

Lastest from Businesswire - Tue, 08/05/2025 - 06:15
STAMFORD, Conn.--(BUSINESS WIRE)--Gartner, Inc. (NYSE: IT) today reported results for the second quarter of 2025 and updated its financial outlook for the full year 2025.

Monroe Capital Supports GTCR’s Investment in Clear Capital

Lastest from Businesswire - Tue, 08/05/2025 - 06:15
CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as joint lead arranger on the funding of a senior credit facility to support the investment in Clear Capital by GTCR. Founded in 2001 and headquartered in Reno, NV, Clear Capital is a leading provider of valuation technology, analytics and data solutions for the mortgage and real estate industries. The company provides customers with a complete understanding of nearly every U.S. property through AI-driven analytics, data

Ryan Acquires LHL Property Auditors Ltd

Lastest from Businesswire - Tue, 08/05/2025 - 03:15
LONDON & DALLAS--(BUSINESS WIRE)--Ryan, a leading global tax services and software provider, has announced the acquisition of LHL Property Auditors Ltd (LHL), a boutique property tax firm based in the UK focused on recovery of business rates reliefs and exemptions. Founded in 2014, LHL brings more than 50 years of combined experience in business rates legislation, valuation, and compliance. With deep expertise in business rates legislation and local authority processes, the firm serves as a tru

Ripjar and RZOLUT Announce Strategic Partnership to Enhance AML Screening

Lastest from Businesswire - Tue, 08/05/2025 - 03:15
LONDON, NEW YORK & SINGAPORE--(BUSINESS WIRE)-- #AIinFinance--Ripjar and RZOLUT Announce Strategic Data Partnership to Enhance AML Screening

agilon health, inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights – AGL

Lastest from Businesswire - Tue, 08/05/2025 - 03:15
LOS ANGELES--(BUSINESS WIRE)---- $AGL--agilon health, inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights – AGL

AGL Investors Have Opportunity to Join agilon health, inc. Fraud Investigation with the Schall Law Firm

Lastest from Businesswire - Tue, 08/05/2025 - 00:15
LOS ANGELES--(BUSINESS WIRE)---- $AGL--AGL Investors Have Opportunity to Join agilon health, inc. Fraud Investigation with the Schall Law Firm

Jeh Aerospace Secures $11 Million from Elevation Capital, General Catalyst to Scale Next-Generation Aerospace Manufacturing

Lastest from Businesswire - Mon, 08/04/2025 - 21:15
ATLANTA--(BUSINESS WIRE)--Jeh Aerospace, one of the world’s fastest-growing aerospace manufacturing startups, has raised $11 million in Series A funding round led by Elevation Capital, with participation from existing investor General Catalyst. In just 18 months since its seed round, Jeh Aerospace has scaled to a team of over 100, delivered more than 100,000 flight-critical components and tools, and secured $100 million in long-term contracts with global aerospace leaders, cementing its positio

Reynold Lemkins Drives Cross-Border Deep Tech Investment, Featured Prominently at Asia’s Leading Capital and Innovation Forums

Lastest from Businesswire - Mon, 08/04/2025 - 21:15
HONG KONG & MACAU--(BUSINESS WIRE)-- #CATL--Reynold Lemkins Group, a global investment firm known for its long-term cross-border capital strategy, made a notable impact this May at two of Asia’s premier events: the Greenwich Economic Forum (GEF) Hong Kong and BEYOND Expo 2025 in Macau. At GEF Hong Kong, Reynold Lemkins Asia Chief Investment Officer Kris Haoran Liu was invited to speak on a high-level roundtable titled “Family Office Investment Outlook”, moderated by Tae Yoo, Managing Director of Hong K

KKR Prices $900,000,000 of 5.100% Senior Notes due 2035

Lastest from Businesswire - Mon, 08/04/2025 - 21:15
NEW YORK--(BUSINESS WIRE)--KKR & Co. Inc. (“KKR”) (NYSE: KKR) today announced that it has priced its previously announced offering of $900,000,000 aggregate principal amount of its 5.100% Senior Notes due 2035 (the “notes”). The notes will be senior obligations of KKR and will be fully and unconditionally guaranteed by KKR Group Partnership L.P. The offering is expected to close on August 7, 2025, subject to customary closing conditions. KKR intends to use the net proceeds from the sale of

Millrose Properties, Inc. Announces Pricing of Upsized $1.25 Billion Senior Notes Offering

Lastest from Businesswire - Mon, 08/04/2025 - 18:15
MIAMI--(BUSINESS WIRE)--Millrose Properties, Inc. (NYSE: MRP) (“Millrose” or the “Company”) announced today the pricing of its private offering (the “Offering”) of $1.25 billion aggregate principal amount of its 6.375% Senior Notes due 2030 (the “Notes”), representing a $250 million upsize from the previously announced offering size, at an initial offering price of 100.000% of the principal amount plus accrued interest, if any, from August 7, 2025. The Offering is expected to close on August 7,

Epicor Helps Distributors in Australia and New Zealand Turn Insights into Action with Epicor Prophet 21 Cloud ERP

Lastest from Businesswire - Mon, 08/04/2025 - 18:15
SYDNEY--(BUSINESS WIRE)--Epicor today continued its global portfolio expansion with the upcoming release of Epicor Prophet 21 for distributors in Australia and New Zealand.

J.B. Poindexter & Co., Inc. Announces Closing of $250 Million Private Senior Unsecured Notes Offering

Lastest from Businesswire - Mon, 08/04/2025 - 18:15
HOUSTON--(BUSINESS WIRE)--J.B. Poindexter & Co., Inc. (the “Company”), a privately-held company, today announced that it has closed its private offering of $250 million aggregate principal amount of senior unsecured notes due 2031 (the “New 2031 Notes”). The New 2031 Notes were priced at 100.500% of the principal amount plus accrued interest from June 15, 2025 to the closing date and will bear interest at 8.750% per annum. The New 2031 Notes form a single series with, and have the same term

Paycom Announces Quarterly Cash Dividend

Lastest from Businesswire - Mon, 08/04/2025 - 18:15
OKLAHOMA CITY--(BUSINESS WIRE)--Paycom Software, Inc. (“Paycom”) (NYSE: PAYC), a leading provider of comprehensive, cloud-based human capital management software, announced today that its Board of Directors declared a cash dividend in the amount of $0.375 per share of common stock, to be paid on Sept. 8, 2025, to all stockholders of record as of the close of business on Aug. 25, 2025. About Paycom Paycom Software, Inc. (NYSE: PAYC) simplifies business and employees’ lives through automated, com

Moody’s Wildfire Risk Model Successfully Completes California Department of Insurance Review Process

Lastest from Businesswire - Mon, 08/04/2025 - 18:15
NEW YORK--(BUSINESS WIRE)--Moody’s Corporation (NYSE:MCO) announced today that the Moody’s RMS U.S. Wildfire Model v2.0 has successfully completed the review process established by the California Department of Insurance (CDI). This critical milestone will enable insurers to use the forward-looking catastrophe model in their residential rate filings, supporting California’s Sustainable Insurance Strategy aimed at stabilizing the state’s property insurance market. The Moody’s wildfire risk model

KBRA Assigns Preliminary Ratings to A&D Mortgage Trust 2025-NQM3 (ADMT 2025-NQM3)

Lastest from Businesswire - Mon, 08/04/2025 - 18:15
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 7 classes of mortgage pass-through certificates from ADMT 2025-NQM3, a $445.5 million non-prime RMBS transaction. The underlying collateral, comprising 1,285 residential mortgages, is characterized by a significant concentration of loans underwritten using alternative income documentation. Borrowers in the subject pool possess a non-zero WA original credit score of 747 and exhibit notable equity in each mortgaged property, with a WA

New Mountain Finance Corporation Announces Financial Results for the Quarter Ended June 30, 2025

Lastest from Businesswire - Mon, 08/04/2025 - 18:15
NEW YORK--(BUSINESS WIRE)--New Mountain Finance Corporation (NASDAQ: NMFC) (“New Mountain,” “New Mountain Finance” or the “Company”) today announced its financial results for the quarter ended June 30, 2025. Second Quarter and Recent Highlights1 Net investment income of $34.5 million, or $0.32 per weighted average share Net asset value of $12.21 per share compared to $12.45 per share as of March 31, 2025 ~95% of the portfolio is rated green on our internal heatmap Increased senior oriented asse

The Bancorp, Inc. and The Bancorp Bank, N.A. Receive Upgraded Ratings from KBRA

Lastest from Businesswire - Mon, 08/04/2025 - 18:15
WILMINGTON, Del.--(BUSINESS WIRE)--The Bancorp, Inc. (NASDAQ: TBBK) today announced that Kroll Bond Rating Agency, LLC (“KBRA”) has upgraded multiple long- and short-term credit ratings for both The Bancorp, Inc. (the “Company”) and its wholly owned subsidiary, The Bancorp Bank, N.A. (the “Bank”) (collectively “The Bancorp”). For the Company, KBRA upgraded the senior unsecured debt rating to BBB+ from BBB, the subordinated debt rating to BBB from BBB-, and the short-term debt rating to K2 from

$90K Grant from FHLB Dallas and Arvest Bank to Fund Affordable Duplexes

Lastest from Businesswire - Mon, 08/04/2025 - 18:15
FORT SMITH, Ark.--(BUSINESS WIRE)-- #affordablehousing--Federal Home Loan Bank of Dallas (FHLB Dallas) provided a $90,000 Affordable Housing Program (AHP) grant through Arvest Bank to Community Rescue Mission to assist with the construction of six affordable duplexes, which were celebrated with a groundbreaking ceremony today. Community Rescue Mission is a nonprofit, faith-based organization that provides shelter, meals and transitional living quarters to help people without housing in Fort Smith, Arkansas. The Mil

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