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TWO Announces Pricing of Public Offering of Senior Notes

Lastest from Businesswire - Tue, 05/06/2025 - 20:29
NEW YORK--(BUSINESS WIRE)---- $TWO #TWO--TWO Announces Pricing of Public Offering of Senior Notes

Shareholder Alert: The Ademi Firm Investigates Whether AvidXchange Holdings, Inc. Is Obtaining a Fair Price for Its Public Shareholders

Lastest from Businesswire - Tue, 05/06/2025 - 20:29
MILWAUKEE--(BUSINESS WIRE)--The Ademi Firm is investigating AvidXchange (NASDAQ: AVDX) for possible breaches of fiduciary duty and other violations of law in its transaction with TPG and Corpay. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, shareholders of AvidXchange will receive only $10.00 per share in a cash transaction that values

CIVI Investors Have Opportunity to Lead Civitas Resources, Inc. Securities Fraud Lawsuit with the Schall Law Firm

Lastest from Businesswire - Tue, 05/06/2025 - 17:29
LOS ANGELES--(BUSINESS WIRE)--CIVI Investors Have Opportunity to Lead Civitas Resources, Inc. Securities Fraud Lawsuit with the Schall Law Firm

LTC to Participate in the BMO North American Real Estate Conference

Lastest from Businesswire - Tue, 05/06/2025 - 17:29
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties Inc. (NYSE: LTC) (“LTC” or the “Company”), announced today senior management will participate in the BMO North American Real Estate Conference on May 13, 2025 in New York. The Company’s presentation package will be available online at https://ir.ltcreit.com/Investors. About LTC Properties LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financ

Roberto Campos Neto to Join Nubank as Vice Chairman and Global Head of Public Policy

Lastest from Businesswire - Tue, 05/06/2025 - 17:29
SÃO PAULO--(BUSINESS WIRE)--Nu, one of the largest digital financial services platforms in the world, announces the expected appointment of former Brazilian Central Bank president Roberto Campos Neto to its Management Team and to the Board of Directors of Nu Holdings, effective on July 1, after completing a six month cooling off period as determined by the Brazilian legislation. Reporting directly to David Vélez, founder and CEO of Nubank, the executive will serve as Vice Chairman of Nubank and

Corpay Invests Alongside TPG to Acquire AvidXchange

Lastest from Businesswire - Tue, 05/06/2025 - 17:29
ATLANTA--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), a leading corporate payments company, today announced that it has signed a definitive agreement to make a minority investment in AvidXchange Holdings, Inc (NASDAQ: AVDX) (“AvidXchange”) as part of a transaction to take AvidXchange private alongside TPG for $10.00 per share in a cash transaction that values AvidXchange at $2.2 billion. Under the agreement, Corpay will invest approximately $500 million for a 33% equity stake in the company. The

Corpay Reports First Quarter Financial Results

Lastest from Businesswire - Tue, 05/06/2025 - 17:29
ATLANTA--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), a corporate payments company, today reported financial results for its first quarter ended March 31, 2025. “Our first quarter results were right in-line with our expectations. First quarter 2025 organic revenue growth was 9% and within that, our Corporate Payments segment grew 19%,” said Ron Clarke, chairman and chief executive officer, Corpay, Inc. “Our fundamental trends: retention, same store sales and sales/new bookings, were very strong.

Aurora Payments Names Derek Dean Chief Executive Officer, Brian Goudie Transitions to Executive Chairman

Lastest from Businesswire - Tue, 05/06/2025 - 17:29
LAS VEGAS--(BUSINESS WIRE)--Aurora Payments names Derek Dean CEO; Brian Goudie shifts to Executive Chairman in succession plan to accelerate fintech growth.

American Financial Group, Inc. Announces First Quarter Results

Lastest from Businesswire - Tue, 05/06/2025 - 17:29
CINCINNATI--(BUSINESS WIRE)--American Financial Group, Inc. (NYSE: AFG) today reported 2025 first quarter net earnings of $154 million ($1.84 per share) compared to $242 million ($2.89 per share) for the 2024 first quarter. Net earnings included after-tax non-core net realized gains on securities of $2 million ($0.03 per share) in the 2025 first quarter and $11 million ($0.13 per share) in the 2024 first quarter. Annualized return on equity was 13.3% and 21.2% for the first quarters of 2025 and

American Express to Participate in Upcoming Investor Conferences

Lastest from Businesswire - Tue, 05/06/2025 - 17:29
NEW YORK--(BUSINESS WIRE)--American Express Company (NYSE: AXP) today announced management participation in upcoming investor conferences to discuss the company’s business strategy and financial performance: Bernstein 41st Annual Strategic Decisions Conference on Thursday, May 29, 2025, beginning at 2:30 p.m. (ET) Morgan Stanley U.S. Financials Conference on Wednesday, June 11, 2025, beginning at 9:45 a.m. (ET) Live audio webcasts of both discussions will be accessible to the general public thr

KBRA Assigns Preliminary Ratings to American Credit Acceptance Receivables Trust 2025-2

Lastest from Businesswire - Tue, 05/06/2025 - 17:29
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to five classes of notes issued by American Credit Acceptance Receivables Trust 2025-2 (“ACAR 2025-2”), an ABS collateralized by a pool of auto loans. ACAR 2025-2 will issue five classes of notes totaling $437.2 million. The ratings reflect initial credit enhancement of 63.35% for the Class A notes through 15.80% for the Class E notes. Credit enhancement will consist of overcollateralization, subordination of the junior note classes (e

TPG to Acquire Peppertree Capital Management

Lastest from Businesswire - Tue, 05/06/2025 - 17:29
SAN FRANCISCO & FORT WORTH, Texas & CHAGRIN FALLS, Ohio--(BUSINESS WIRE)--TPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm, and Peppertree Capital Management, Inc. (“Peppertree”), a leading specialized digital infrastructure investment firm with a focus on wireless communications towers, today announced that they have entered into a definitive agreement under which TPG will acquire the Peppertree business in a cash and equity transaction estimated to include up to $242

Chemours and Navin Fluorine Announce Agreement to Manufacture New Liquid Cooling Product as a Part of Chemours Expanded Liquid Cooling Venture

Lastest from Businesswire - Tue, 05/06/2025 - 17:29
WILMINGTON, Del.--(BUSINESS WIRE)---- $CC--Chemours and Navin Fluorine Announce Agreement to Manufacture New Liquid Cooling Product as a Part of Chemours Expanded Liquid Cooling Venture

UBS declares coupon payments on 8 ETRACS Exchange Traded Notes

Lastest from Businesswire - Tue, 05/06/2025 - 17:29
NEW YORK--(BUSINESS WIRE)--UBS Investment Bank today announced coupon payments for 5 ETRACS Exchange Traded Notes traded on the NYSE Arca and expected coupon payments for 3 ETRACS Exchange Traded Notes traded on NASDAQ (together, the “ETNs”). NYSE Ticker   ETN Name and Prospectus Supplementa   Coupon Valuation Date   Ex-Date   Record Date   Payment Date   Coupon Amount   Payment Schedule   Current Yield (annualized) b HDLB   ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Ser

Voya Financial announces first-quarter 2025 results

Lastest from Businesswire - Tue, 05/06/2025 - 17:29
NEW YORK--(BUSINESS WIRE)--Voya Financial, Inc. (NYSE: VOYA) announced today its first-quarter 2025 financial results: First-quarter 2025 net income available to common shareholders of $139 million, or $1.42 per diluted share, and after-tax adjusted operating earnings1 of $195 million, or $2.00 per diluted share. Results are driven by positive prior year Stop Loss reserve developments, the successful acquisition of OneAmerica Financial's full-service retirement plan business, disciplined spend,

Prudential Financial Declares Quarterly Dividend on Common Stock

Lastest from Businesswire - Tue, 05/06/2025 - 17:29
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) announced today the declaration of a quarterly dividend of $1.35 per share of Common Stock, payable on June 12, 2025, to shareholders of record at the close of business on May 20, 2025. Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and premier active global investment manager with approximately $1.5 trillion in assets under management as of March 31, 2025, has operations in the United States, Asia

Cherry Hill Mortgage Investment Corporation Announces First Quarter 2025 Results

Lastest from Businesswire - Tue, 05/06/2025 - 17:29
TINTON FALLS, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) (“Cherry Hill” or the “Company”) today reported results for the first quarter 2025. First Quarter 2025 Highlights GAAP net loss applicable to common stockholders of $9.3 million, or $0.29 per share. Earnings available for distribution (“EAD”) attributable to common stockholders of $5.4 million, or $0.17 per diluted share. Common book value per share of $3.58 at March 31, 2025. Declared regular common d

Universal Display Corporation Announces Participation at Upcoming Conferences

Lastest from Businesswire - Tue, 05/06/2025 - 17:29
EWING, N.J.--(BUSINESS WIRE)---- $OLED #OLED--UDC announced its participation in the TD Cowen and BofA Securities investor conferences and SID Display Week industry conference.

Horace Mann reports first-quarter 2025 results

Lastest from Businesswire - Tue, 05/06/2025 - 17:29
SPRINGFIELD, Ill.--(BUSINESS WIRE)--Horace Mann Educators Corporation (NYSE:HMN), the largest multiline financial services company focused on helping America’s educators and a core small-cap growth and value equity in the Financials sector, today reported financial results for the three months ended March 31, 2025: Diversified business delivered first-quarter net income of $38 million, or $0.92 per share, and core earnings* of $45 million, or $1.07 per share, with reported book value of $32.79

loanDepot Announces First Quarter 2025 Financial Results

Lastest from Businesswire - Tue, 05/06/2025 - 17:29
IRVINE, Calif.--(BUSINESS WIRE)---- $LDI #LDI--loanDepot announces first quarter 2025 financial results

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