American Credit News

Dallas, May 6, 2024 /PRNewswire/ -- Get ready for the launch of a groundbreaking talk show titled "Doctora Nancy," featuring the illustrious Nancy Alvarez, as announced by reVolver Podcasts. Produced by Cisneros Media, this series will delve into family dynamics, couples' challenges, and the often-taboo subject of sexuality, promising an enlightening exploration for audiences.Drawing from her expertise as a licensed clinical psychologist, sexologist, and family therapist, Nancy Alvarez brings professionalism, candor, and compassion to the show. Through face-to-face case...

American Fintech Council (AFC) CEO, Phil Goldfeder, recently commented on the release of the Joint Agency Third Party Risk Management Guide, emphasizing the positive impact of innovative banks and fintech companies on the financial services sector.Goldfeder highlighted the transformative role of these institutions, stating, "Innovative banks and fintech companies have responsibly transformed the way families bank, lend, and transact. They have leveled the playing field and created critical access to financial services for consumers and small businesses long forgotten by...

On May 3, 2024, the Better Business Bureau (BBB) highlighted the significance of utilizing their Scam Tracker tool to combat scams effectively. The BBB Scam Tracker serves as a vital resource for individuals who have encountered or suspect fraudulent activities.Users are encouraged to report their experiences on the platform, with the reassurance that their input can benefit others. According to the BBB, reporting scams not only protects oneself but also serves as a warning to others, potentially preventing financial loss and emotional distress.The BBB collaborates with...

Telephone and Data Systems, Inc. (NYSE: "TDS") has recently finalized a significant financial deal, as reported on May 3, 2024. The company announced the successful closure of a $375 million unsecured debt financing with Oaktree Capital Management, L.P., a leading global investment manager.The funds procured through this financing are earmarked for general corporate purposes, with a specific focus on advancing TDS Telecom's fiber build program. Vicki L. Villacrez, TDS Executive Vice President and CFO, emphasized the company's commitment to expanding fiber services,...

MORRISTOWN, N.J., May 3, 2024 /PRNewswire/ -- Affiliated Dermatologists (AD) has issued a notification regarding a recent data security incident. The company stated, "At this time, AD is not aware of any misuse of any personal information in connection with this incident."According to Affiliated Dermatologists, on March 5, 2024, the company discovered it was the victim of a cybersecurity attack, during which an unauthorized third party accessed their network and left a ransom note. The incident prompted immediate action from AD, including disconnecting network access,...

Welcome to the April 2024 Round-Up from Assetz Capital. Here you can find information about Assetz Capital’s latest case studies, news articles, and blogs.

Trimble Inc. (NASDAQ: TRMB) revealed its financial results for the first quarter of 2024 on May 3, 2024. The company's president and CEO, Rob Painter, expressed satisfaction with the performance, stating, "We had a strong start to the year, delivering record annualized recurring revenue of $2.03 billion and record first quarter gross margin. And on April 1, we closed our agriculture joint venture with AGCO."Painter further highlighted the company's strategic moves, saying, "With our new reporting segment and organization structure in place, we have further simplified and...

Adient, the global leader in automotive seating, has announced its second-quarter 2024 financial results, as well as an update to its FY24 outlook. The company shared this information on May 3, 2024.The financial report was accompanied by an invitation to interested parties to access further details and reconciliations of non-GAAP measures on the Adient investor website. Adient's president and chief executive officer, Jerome Dorlack, and executive vice president and chief financial officer, Mark Oswald, are set to host a conference call to discuss the results.Adient,...

UScellular, a leading wireless provider in the United States, released its financial results for the first quarter of 2024 on May 3, 2024. The company reported total operating revenues of $950 million for the quarter, with service revenues totaling $754 million. Net income attributable to UScellular shareholders was $18 million, with related diluted earnings per share at $0.20.In a statement, Laurent C. Therivel, President and CEO of UScellular, highlighted the company's performance, stating, "We delivered strong bottom-line results during the quarter, driven by postpaid...

Doug Peterson, President and Chief Executive Officer of S&P Global, is set to participate in the Barclays Americas Select Franchise Conference on May 7, 2024, in London, UK. The event will take place from 1:30 p.m. to 2:10 p.m. British Summer Time, with a webcast available for those interested in tuning in.The "fireside chat" featuring Peterson may include forward-looking information and will be accessible via webcast. The webcast will be live and available for replay through the Company's Investor Relations website. Those interested can access the webcast replay...

Telephone and Data Systems, Inc. (TDS) recently announced its financial results for the first quarter of 2024. According to a statement by TDS President and CEO, LeRoy T. Carlson, Jr., the company reported total operating revenues of $1,262 million for the first quarter of 2024. This marks a slight decrease from the $1,303 million reported for the same period last year. Despite the slight decrease in revenue, the company showed positive net income growth, with $12 million attributable to TDS common shareholders in the first quarter of 2024 compared to a loss of $(9) million...

A new report released by the Electronic Payments Coalition sheds light on how American consumers, particularly those in lower-income households, utilize credit card rewards and the potential impact of proposed restrictions on these programs. The study found that regardless of income, cardholders across the spectrum take advantage of credit card reward programs at nearly identical rates.Richard Hunt, Executive Chairman of the Electronic Payments Coalition, emphasized the importance of cashback rewards for financially vulnerable households, stating, "Americans of all...

Federal Reserve announced on Wednesday that it would leave its short-term interest rate target unchanged at 5.25 percent to 5.5 percent. The decision was expected as stated by the Federal Reserve that "That the Fed would remain on hold was considered a near certainty in the weeks leading up to the meeting." The broader economic conversation has shifted, with concerns rising about economic growth and inflation not slowing as much as anticipated.The first quarter real GDP growth came in at 1.6 percent SAAR, below expectations. However, as highlighted by the Federal Reserve,...

ICBA President and CEO Rebeca Romero Rainey and ICBA Senior Executive Vice President, Chief of Government Relations and Public Policy Anne Balcer have been recognized as two of Washingtonian magazine’s 500 Most Influential people in the banking and finance sector for their tireless advocacy on behalf of the nation's community banks.Romero Rainey, expressing her gratitude for the recognition, stated, "I feel incredibly privileged to represent the nation's community banks and to raise awareness of their vital contributions to our economy. I share this honor with Anne, and...

DiamondRock Hospitality Company announced their first quarter 2024 results, revealing a 3.8% increase in comparable total revenues above 2023. The company also raised the midpoint of its full-year guidance. The announcement, made on May 2, 2024, highlighted various developments within the organization, including leadership changes aimed at driving continued business momentum.Jeffrey Donnelly, the newly appointed Chief Executive Officer of DiamondRock Hospitality Company, expressed his enthusiasm for the opportunity to work with the Board and the executive team to create...

Ranking Member Tim Scott (R-S.C.) criticized the Biden administration's economic policies during a Senate Committee on Banking, Housing, and Urban Affairs hearing in Washington, D.C. Scott pointed out that the economic hardships facing Americans are a result of President Biden's actions.Scott highlighted the impact of President Biden's policies on various aspects of American life, stating, "The obvious pain is coming from a guy who lives at 1600 Pennsylvania Avenue." He emphasized that the administration's spending policies have contributed to inflation and economic...

Saul Centers, Inc., a real estate investment trust, unveiled its financial performance for the first quarter of 2024, showcasing positive growth in various aspects of its operations. The company reported a significant increase in total revenue and net income compared to the same period in 2023.According to the company's announcement, total revenue for the 2024 Quarter surged to $66.7 million from $63.0 million in the 2023 Quarter. Net income also saw a rise, reaching $18.3 million for the 2024 Quarter, up from $17.7 million in the previous year. The net income available...

NEW YORK, May 2, 2024 /PRNewswire/ - BMO will be hosting its 19th annual Farm to Market | Chemicals Conference on May 15 and 16, 2024, at the Westin Times Square in New York. The event is set to bring together industry leaders to discuss the future of the agriculture and food sector. According to BMO, the conference will feature candid and informative discussions and panels led by their world-leading analysts and involving leaders from over 100 companies in the sector.The conference aims to address the most pressing topics across the entire agri-food industry, including...

The American Fintech Council (AFC) has taken a leading role in supporting the South Carolina legislation aimed at creating a safe regulatory structure for Earned Wage Access (EWA). In a letter addressed to The South Carolina House Committee on Labor, Commerce, and Industry, AFC and its members strongly endorsed the bipartisan legislation (S.700) that seeks to regulate the growing financial service product.Phil Goldfeder, Chief Executive Officer of the American Fintech Council, emphasized the industry's commitment to providing safe financial services to underserved...

On May 2, 2024, Americans across the country expressed their concerns about the Durbin-Marshall Credit Card Bill. One individual stated, "Americans across the country are speaking out against harmful credit card routing legislation." The sentiment reflects a widespread unease among citizens regarding the proposed legislation.In response to the bill, another voice in the debate emphasized the importance of technological advancement and national data security standards. The individual asserted, "We believe investing in new technologies and legislating national data security...