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Lincoln National Corporation’s Board of Directors Declares Series D Preferred Stock Dividend

Lastest from Businesswire - Thu, 05/01/2025 - 08:25
RADNOR, Pa.--(BUSINESS WIRE)--Lincoln Financial (NYSE:LNC) announced today that the board of directors of Lincoln National Corporation has declared a quarterly dividend of $562.50 per share on the corporation’s 9.000% Non-Cumulative Preferred Stock, Series D, $25,000 liquidation preference per share, represented by depositary shares each representing a 1/1,000th interest in a share of the preferred stock, holders of which will receive $0.5625 per depositary share (NYSE: LNC PRD). The dividend w

PennyMac Financial Services, Inc. Announces Proposed Private Offering of $650 Million of Senior Notes

Lastest from Businesswire - Thu, 05/01/2025 - 08:25
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) and its subsidiaries (the “Company”) today announced that it intends to offer $650 million aggregate principal amount of Senior Notes due 2032 (the “Notes”). The Notes will be fully and unconditionally guaranteed on an unsecured senior basis by the Company’s existing and future wholly owned domestic subsidiaries, other than certain excluded subsidiaries. Proceeds from the offering, together with cash on ha

Charles River Associates (CRA) Reports Financial Results for the First Quarter of 2025

Lastest from Businesswire - Thu, 05/01/2025 - 08:25
BOSTON--(BUSINESS WIRE)--Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial and management consulting services, today announced financial results for the fiscal first quarter ended March 29, 2025. “Building on the momentum of an exceptional fiscal 2024, CRA continued its strong performance into the first quarter, setting new records for financial results,” said Paul Maleh, CRA’s President and Chief Executive Officer. “Revenue increased by 5.9% to $181.9

Mastercard Incorporated First Quarter 2025 Financial Results Available on Company’s Website

Lastest from Businesswire - Thu, 05/01/2025 - 08:25
PURCHASE, N.Y.--(BUSINESS WIRE)--Mastercard announced its first quarter 2025 financial results through an earnings release available on the company’s Investor Relations website.

Danu Venture Group Welcomes Three New General Partners to Launch Fund II

Lastest from Businesswire - Thu, 05/01/2025 - 08:25
NEW YORK--(BUSINESS WIRE)-- #AdvancedCompute--Danu Venture Group, an early-stage investor in digital and physical infrastructure technology, welcomes three new General Partners to launch Fund II.

ZIPS Car Wash Announces Successful Emergence from Financial Restructuring and Appointment of Industry Leader Pete Nani as Chief Executive Officer

Lastest from Businesswire - Thu, 05/01/2025 - 08:25
PLANO, Texas--(BUSINESS WIRE)--Zips Car Wash, LLC (together with its affiliates, collectively “ZIPS” or the “Company”), one of the largest privately-held car wash operators nationwide, announced that it has successfully completed its financial restructuring and emerged from its chapter 11 process on April 30, 2025, following confirmation of the Company’s Plan of Reorganization on April 18, 2025. ZIPS emerges from this process as a financially stronger company, better positioned to continue prov

Operation HOPE’s First Quarter 2025 Research Shows Increased Unease About the Stability of the U.S. Economy

Lastest from Businesswire - Thu, 05/01/2025 - 08:25
ATLANTA--(BUSINESS WIRE)--Operation HOPE, a national nonprofit dedicated to helping low- and moderate-income Americans thrive in an ever-changing economy, today announced the first quarter 2025 results of The HOPE Insider, its comprehensive nationwide client survey. The quarter’s new findings revealed that while a strong majority of respondents are feeling uneasy about the state of the economy and their personal finances, they remain optimistic about their ability to improve their personal fina

Toast Launches ToastIQ to Superpower the Future of Restaurants

Lastest from Businesswire - Thu, 05/01/2025 - 08:25
BOSTON--(BUSINESS WIRE)--Toast (NYSE: TOST) today introduces ToastIQ, an intelligence engine delivering timely prompts, personalized recommendations, and automated workflows designed to transform daily restaurant operations. Built natively into Toast’s end-to-end platform, ToastIQ draws on insights from millions of transactions and interactions across 130,000+ locations and fuses Toast’s deep hospitality expertise and integrated platform with AI, historical patterns, and proprietary insights. A

Direct Banks Continue to Satisfy Customers by Supporting Them in Challenging Economic Times, J.D. Power Finds

Lastest from Businesswire - Thu, 05/01/2025 - 08:25
TROY, Mich.--(BUSINESS WIRE)--J.D. Power: Direct Banks Continue to Satisfy Customers by Supporting Them in Challenging Economic Times

Gannett Announces First Quarter 2025 Results & Reiterates Business Outlook

Lastest from Businesswire - Thu, 05/01/2025 - 08:25
NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) today reported its financial results for the first quarter ended March 31, 2025. "In the first quarter, we delivered significant improvement to our bottom line compared to the prior year period, along with sustained year-over-year growth in free cash flow. We continued to make notable progress towards debt reduction, repaying approximately $75 million of debt during the quarter, which l

U.S. Bank: Truck Freight Picks up in Northeast, Drops Sharply in Southwest

Lastest from Businesswire - Thu, 05/01/2025 - 08:25
MINNEAPOLIS--(BUSINESS WIRE)--During the first three months of the year, U.S. truck freight volume was down 5.8% while spending was off 2.5% compared to the fourth quarter, according to the latest U.S. Bank Freight Payment Index. Performance varied widely among regions, with Southwest volume down 21.2% quarterly while Northeast shipments increased 3.6%. “While there is tremendous focus on the nationwide freight statistics, detailed regional data is very useful – particularly during times of unc

Redfin Reports Monthly Housing Costs Hit All-Time High Amid Economic Uncertainty, Keeping Buyers on the Sidelines

Lastest from Businesswire - Thu, 05/01/2025 - 08:25
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The 2025 spring homebuying season is lackluster, with record-high housing costs and widespread economic instability keeping would-be homebuyers at bay, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Mortgage-purchase applications are down 6% month over month, and Redfin’s Homebuyer Demand Index—a measure of tours and other buying services from Redfin agents—is essentially flat. Pending home sales fell,

FIS Harmonizes Payments With Launch of Unified Money Movement Hub

Lastest from Businesswire - Thu, 05/01/2025 - 08:25
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Global financial technology leader FIS® (NYSE: FIS) has announced the launch of its Money Movement Hub, an innovative payments solution that helps to simplify the back-end infrastructure of financial institutions by enabling them to connect to multiple payment networks and process payments in one place. Designed as a turnkey solution for a wide range of institutions – from super regional banks to community banks – the Money Movement Hub supports a modernized

Crescent Capital Group Appoints Jason Breaux as Head of Private Credit

Lastest from Businesswire - Thu, 05/01/2025 - 08:25
LOS ANGELES--(BUSINESS WIRE)--Crescent Capital Group LP, a leading alternative credit investment firm, announced today the appointment of Jason Breaux as Head of Private Credit. In this role, Mr. Breaux will lead the firm’s private credit business and will focus on platform-wide growth, expanding investment capabilities, and continuing to elevate the Crescent brand. Mr. Breaux will continue in his roles as Chief Executive Officer of Crescent Capital BDC, Inc. (NASDAQ: CCAP) and Chair of the Boa

PublicSquare Announces First Marketplace Merchant to Successfully Migrate to PSQ Payments: Yonder Integrates Directly via Shopify

Lastest from Businesswire - Thu, 05/01/2025 - 08:25
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--PublicSquare (NYSE: PSQH), developer of the cancel-proof payment platform PSQ Payments, today announced a major milestone in its fintech expansion: Yonder, a popular food and wellness brand, has become the first merchant from the PublicSquare Marketplace to seamlessly integrate PSQ Payments via the recently announced Shopify integration. This marks a strategic step forward in PublicSquare’s mission to equip its values-aligned marketplace with the resilien

Charles River Associates (CRA) Declares Quarterly Cash Dividend of $0.49 Per Common Share

Lastest from Businesswire - Thu, 05/01/2025 - 08:25
BOSTON--(BUSINESS WIRE)--Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial and management consulting services, today announced that its Board of Directors has declared a quarterly cash dividend of $0.49 per common share to be paid on June 13, 2025 to shareholders of record of CRA’s common stock as of the close of business on May 27, 2025. The Company expects to continue paying quarterly dividends, the declaration, timing and amounts of which remain sub

ON24 Ranked #1 in Enterprise Webinar Platforms in G2 Spring 2025 Report

Lastest from Businesswire - Thu, 05/01/2025 - 08:25
SAN FRANCISCO--(BUSINESS WIRE)--ON24 (NYSE: ONTF), a leading intelligent engagement platform for B2B sales and marketing, today announced it has been ranked the leading provider in the Enterprise Grid® for Webinar Platforms in the G2 Spring 2025 Report. ON24 earned the top spot based on the highest satisfaction and market presence scores in its category, reinforcing its leadership in digital engagement and its ability to help enterprises convert audience engagement into pipeline and measurable

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