The global securities finance industry experienced a decrease in lending revenue in 2024, according to DataLend, a market data service of fintech company EquiLend.
Blue Owl Capital Corporation and Blue Owl Capital Corporation III have received endorsements from proxy advisory firms Institutional Shareholder Services (ISS) and Glass Lewis & Co. for their proposed merger.
Forward Financing, a company that provides revenue-based financing to small businesses, has announced the appointment of Jason Mullins as its new President and Chief Executive Officer.
MT. LAUREL, N.J., May 6, 2024 /PRNewswire/ -- AnnieMac Home Mortgage proudly welcomes Ian Aubourg as the newest addition to its leadership team, serving as Senior Vice President of Retail Sales. With over two decades of experience in the mortgage industry, Ian brings expertise and a proven track record of success to AnnieMac as the team seeks to further strengthen its presence in the Northeast region.Throughout his distinguished career, Ian Aubourg has garnered recognition as a renowned mortgage executive, having spearheaded some of the largest and most successful...
New York, May 6, 2024 /PRNewswire/ -- Loews Corporation (NYSE: L) announced its first quarter 2024 financial results today, revealing a net income of $457 million, or $2.05 per share. This represents a 22% increase over the first quarter of 2023, where the company reported $375 million, or $1.61 per share.In a statement, James S. Tisch, President and CEO of Loews Corporation, expressed his satisfaction with the quarter's performance, stating, "Loews had an exceptional quarter driven by stellar results at CNA and Boardwalk. CNA continues to experience strong profitable...
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,...
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...
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...
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...