Door Pro America Expands Presence in North Carolina with American Garage Door Systems Partnership

February 4, 2025 10:30 AM

Door Pro America ("Door Pro "), a leading installer and service provider of residential garage doors across nine U.S. markets, today announced its acquisition of American Garage Door Systems ("AGDS"), a family-owned provider of residential overhead garage door solutions headquartered in greater Charlotte, North Carolina. This acquisition supports Door Pro's strategic expansion into North Carolina, a priority market. Door Pro is a portfolio...

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Intain and Texture Capital Announce Strategic Partnership to Enhance Digital Market Infrastructure for Structured Finance

February 4, 2025 10:00 AM

Texture Capital Inc., an SEC-registered broker-dealer specializing in digital securities, and Intain Inc., a provider of advanced structured finance technology, have announced a strategic partnership to deliver a fully digital market infrastructure for structured finance investments and administration.This partnership integrates IntainMARKETS, Intain's blockchain and AI-powered platform, with Texture Capital's Alternative Trading System (ATS),...

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Mastercard: Davos 2025: Expanding Technology's Promise Through Trust and Collaboration

February 4, 2025 9:30 AM

More than 3,000 business and government leaders, academics and artists gathered in the mostly snow-less Swiss Alps for the World Economic Forum's annual summit in Davos under the banner "Collaboration for the Intelligent Age" last week. And while all eyes were on Washington with the U.S. inauguration, the discussions on the ground emphasized the need to drive forward digital transformation - from agentic AI to blockchain to the commercialization...

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PayMedix and XO Health Announce Strategic Partnership that Redefines Healthcare Financing and Payments

February 4, 2025 9:15 AM

PayMedix, a leading healthcare financing and payments solutions provider, and XO Health, a pioneering value-based care and benefits platform dedicated to transforming healthcare for self-insured employers, today announced a strategic partnership that expands access to PayMedix's healthcare financing solution to XO Health's extensive network of self-insured employers, TPAs, and value-based providers.XO Health members nationally will benefit from...

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Garnet Capital Hires New Senior Vice President

February 4, 2025 8:00 AM

Garnet Capital Advisors, a leader in the national loan sale market, is excited to announce the addition of a new member to its management team: Andrew (Andy) Hagerman. Andy will be an SVP at Garnet, primarily focused on coordination of Garnet's market leading charged-off business.Andy Hagerman's Background and RoleAndy brings vast expertise to Garnet's charged-off division. He holds the designation of Certified Receivables Compliance...

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Headwall Partners Serves as Financial Advisor to Norfolk Iron & Metal on Its Acquisition of Straub Metal International

February 4, 2025 8:00 AM

Headwall Partners LLC ("Headwall"), an independent investment banking firm focused exclusively on the steel, metals, and mining industries, is pleased to announce it has served as financial advisor to Norfolk Iron & Metal ("NIM") on its December 31, 2024, acquisition of Straub Metal International ("Straub")."We are thrilled to have acted as financial advisor to NIM on its acquisition of Straub," said Peter J. Scott, Founder and Managing Partner...

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IXOPAY Appoints Yasser Abou-Nasr as SVP of Product to Drive Execution and Scale

February 4, 2025 12:00 AM

IXOPAY, a leading enterprise payment orchestration platform, announced the appointment of Yasser Abou-Nasr as SVP of Product. With over 16 years of senior product leadership in payments and fintech, Yasser joins IXOPAY to execute the company's strategic vision and scale its product offerings to meet the growing demand for seamless and secure payment solutions. Yasser brings a proven track record of driving product execution at scale, combined...

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Tortoise Capital Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of January 31, 2025, for TYG and TEAF

February 3, 2025 6:45 PM

OVERLAND PARK, KS / ACCESS Newswire / February 3, 2025 / Tortoise Capital today announced the following unaudited balance sheet information and asset coverage ratio updates for closed-end funds TYG and TEAF.Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of Jan. 31, 2025, the company's unaudited total assets were approximately $1.1 billion and its unaudited net asset value was $847.3 million, or $49.16 per share.As of...

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PB Financial Corporation Declares First-Quarter, 2025 Dividend

February 3, 2025 10:05 AM

Ted E. Whitehurst, President and CEO of PB Financial Corporation (OTCQX:PBNC), the holding company for Providence Bank, announced today the Board of Directors approved a quarterly cash dividend of $0.57 per share on common stock outstanding to shareholders of record at the close of business on February 11, 2025. The dividend is payable February 27, 2025. This is an increase of 9.62% from the dividend paid during the 1st quarter of 2024. This...

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F&M Bank Corp. Reports Year-End and Fourth Quarter 2024 Earnings and Quarterly Dividend

February 3, 2025 10:00 AM

F&M Bank Corp. (the "Company" or "F&M"), (OTCQX:FMBM), the parent company of Farmers & Merchants Bank ("F&M Bank" or the "Bank") today reported results for the quarter and year ended December 31, 2024.Net income was $2.3 million or $0.64 per share for the quarter ended December 31, 2024, bringing net income for the year to $7.3 million or $2.07 per share, a 163% increase over net income of $2.8 million, or $0.80 reported for the year ended...

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SumUp Launches Self-Service Kiosk to Boost Revenue and Reduce Costs for US Merchants

February 3, 2025 9:00 AM

SumUp, a global financial services company, has unveiled its Kiosk solution, designed to transform how businesses process orders in the United States.SumUp Kiosk is a self-service display that allows customers to browse a menu, place an order, and complete their payment without the assistance of a live cashier. By providing a self-service option, the Kiosk can help a small business streamline their operations and reduce customer wait times. It...

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Simpay Adds Nathan J. Moore to Executive Leadership Team

February 3, 2025 9:00 AM

Simpay is expanding their leadership team with the addition of Nathan J. Moore. Mr. Moore joins as Vice President of Direct Sales. He brings more than two decades of executive leadership in the Payment Solutions and Business Development sectors.Before joining Simpay, Nathan was a driving force at Global Payments as Senior Director of Business Development, where he forged powerful partnerships and fueled impressive growth. At Heartland, a Global...

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Climate First Bank Appoints Chris Castro to EVP and Chief Sustainability Officer

February 3, 2025 8:00 AM

Climate First Bank (www.climatefirstbank.com), the world's first FDIC-insured digital community bank founded to combat the climate crisis, today announced the appointment of Chris Castro as Executive Vice President and Chief Sustainability Officer. Since July 2022, Chris has served as a presidential appointee for the Biden-Harris Administration, specifically as the inaugural Chief of Staff for the newly formed Office of State and Community...

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Mill City Ventures Collateralizes $10 Million Loan to Mustang Funding

February 3, 2025 7:00 AM

Mill City Ventures III, Ltd. (NASDAQ:MCVT) announced today that it has entered into a Security Agreement with Mustang Funding, LLC. Under the Security Agreement, Mill City Ventures obtained a second-position lien on substantially all of Mustang Funding's assets to serve as collateral for Mill City Ventures' $10 million principal amount loan to Mustang Funding. [Mill City Ventures also entered into an Amended and Restated Subordination and...

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WGA Releases Bank Top Index Q1 2025

February 3, 2025 7:00 AM

Whalen Global Advisors has released the WGA Bank Top Indices for Q1 2025. The Indices track and feature the top 10, 25 and 50 publicly traded banks in the US based upon five test factors, including market capitalization, short-term market performance, equity returns, operating efficiency and book value. The constituents of the WGA Bank Top 10 Index in Q1 2025 feature some of the best performing US financial institutions and include the following...

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Federal Reserve's Rate Decision Reinforces EquityMultiple’s 2025 Thesis for Self-Directed Real Estate Investors

January 31, 2025 5:00 PM

EquityMultiple, a tech-enabled real estate investment platform for accredited individuals, today shared insights on the Federal Reserve's decision to maintain benchmark interest rates, highlighting how the Fed's confidence in economic fundamentals creates opportunities for strategic real estate investors.The Federal Reserve's unanimous decision to keep rates steady, coupled with Chair Jerome Powell's characterization of the economy as "strong"...

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U & I Financial Corp. Reports Fourth Quarter and Full Year 2024 Financial Results

January 31, 2025 4:00 PM

U & I Financial Corp. (OTCQX:UNIF), the holding company ("Company") for UniBank ("Bank"), today reported a quarterly Net Loss of $16.6 million or a loss of $3.02 per share in the fourth quarter of 2024, compared to a Net Loss of $18.2 million or a loss of $3.33 per share for the same quarter of 2023. The Provision for Credit Losses of $5.8 million recognized during the fourth quarter of 2024 was $20.5 million lower than the $26.3 million...

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Orlando Credit Union Continues Sponsorship of Hispanic Chamber of Central Florida’s CEO Series in 2025

January 31, 2025 1:00 PM

The new year is off to a great start at Orlando Credit Union with the continued sponsorship by Orlando Credit Union to the Hispanic Chamber of Central Florida. "In 2025, Orlando Credit Union seeks to deepen relationships within the Hispanic Chamber by continuing sponsorship of the CEO Series," stated David Duncan, C-Suite VP of Marketing, Communications, and PR, at Orlando Credit Union. "The CEO Series is a unique opportunity for business...

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First Commerce Bancorp, Inc., Reports the Fourth Quarter and Year-to-Date 2024 Results

January 31, 2025 12:30 PM

First Commerce Bancorp, Inc. (the "Company"), (OTC PINK:CMRB), the holding company for First Commerce Bank (the "Bank"), today reported net income of $1.1 million and $4.5 million for the three months and the year ended December 31, 2024, respectively, as compared to net income of $5.8 million and $13.8 million for the three months and the year ended December 31, 2023, respectively. Basic earnings per common share were $0.06 and $0.21 for the...

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Gryphon Digital Mining Announces Strategic Bitcoin Reserve Initiative

January 31, 2025 12:05 PM

Gryphon Digital Mining, Inc. (Nasdaq:GRYP) ("Gryphon" or the "Company"), an innovative venture in the bitcoin and AI space dedicated to helping bring digital assets to the market, today announced that the Company has authorized the establishment of a strategic Bitcoin reserve program as part of its comprehensive capital strategy.The initiative follows Gryphon's recent transformative definitive agreements to strengthen the balance sheet and...

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