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Discover the Convenience of Bajaj e-Wallet for Bill Payment
Banking & Financial ServicesCompany Update

Discover the Convenience of Bajaj e-Wallet for Bill Payment

August 2, 2024 6:55 AM

The rapid adoption of digital payments has made online bill payment convenient and secure. The mobile wallets market is poised to surpass US $5 trillion in India by 2027. One of the pioneers of digital payments in the country, Bajaj Finserv allows customers to make swift and seamless electricity bill payments and Pay Bill-and other transactions-through its e-wallet. What is an e-wallet and what are its benefitsAlso known as a digital wallet,...

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Ares Management Announces Second Quarter 2024 U.S. Direct Lending Origination Activity
Banking & Financial ServicesCompany Update

Ares Management Announces Second Quarter 2024 U.S. Direct Lending Origination Activity

August 2, 2024 6:30 AM

$12.8 Billion in New Commitments Closed in the Second Quarter, Reaching a Record of $38.3 Billion Closed in the 12 Months Ended June 30, 2024NEW YORK, NY / ACCESSWIRE / August 2, 2024 / Ares Management Corporation (NYSE:ARES) announced today that funds managed by its Credit Group (collectively "Ares") closed approximately $12.8 billion in U.S. direct lending commitments across 93 transactions during the second quarter of 2024 and approximately...

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Overview of Consumer Staples Select Sector SPDR Fund (XLP) Portfolio Composition
Banking & Financial ServicesCompany Update

Overview of Consumer Staples Select Sector SPDR Fund (XLP) Portfolio Composition

August 2, 2024 5:40 AM

The Consumer Staples Select Sector SPDR Fund (XLP) continues to emphasize its investment focus within the consumer staples sector. Made up of stocks within the S&P 500, XLP offers investors exposure to companies involved in the provision of essential goods and services.The fund is structured around industries that traditionally show resilience, by focusing on everyday essentials.Highlighted Holdings* in XLP's Portfolio:Procter & Gamble (14.72%):...

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TEAF Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of July 31, 2024
Banking & Financial ServicesCompany Update

TEAF Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of July 31, 2024

August 1, 2024 6:30 PM

The following unaudited balance sheet information and asset coverage ratio update is provided for Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF).As of July 31, 2024, the company's unaudited total assets were approximately $221.0 million and its unaudited net asset value was $200.8 million, or $14.89 per share.As of July 31, 2024, the company's asset coverage ratio under the 1940 Act with respect to senior securities representing...

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Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of July 31, 2024, for TYG, NTG, TTP, NDP and TPZ
Banking & Financial ServicesCompany Update

Tortoise Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of July 31, 2024, for TYG, NTG, TTP, NDP and TPZ

August 1, 2024 6:25 PM

Tortoise today announced the following unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP and TPZ.Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of July 31, 2024, the company's unaudited total assets were approximately $563.0 million and its unaudited net asset value was $450.1 million, or $41.82 per share.As of July 31, 2024, the company's asset coverage ratio under the 1940 Act...

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University Bancorp Acquires Hyrex Servicing, LLC for $5.5 Million
Banking & Financial ServicesMergers and Acquisitions

University Bancorp Acquires Hyrex Servicing, LLC for $5.5 Million

August 1, 2024 3:40 PM

University Bancorp, Inc. (OTCQB:UNIB)(or "UNIB") announced that it has completed an internal corporate restructuring by acquiring Hyrex Servicing, LLC ("Hyrex Servicing") from University Bank, through its wholly owned subsidiary, Hyrex Servicing Holding Company, LLC. Hyrex Servicing Holding Company, LLC paid $5.5 million for Hyrex Servicing.Hyrex Servicing, based in Ann Arbor, Michigan, is a Fannie Mae and Freddie Mac approved Primary Servicer...

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Alexander Spellane’s The Right Wing Voice Podcast Features Pastor John Amanchukwu on Protecting Our Children
Banking & Financial ServicesCompany Update

Alexander Spellane’s The Right Wing Voice Podcast Features Pastor John Amanchukwu on Protecting Our Children

August 1, 2024 3:15 PM

Alexander Spellane, CEO of Fisher Capital and host of The Right Wing Voice podcast, is thrilled to announce the latest episode featuring the esteemed Pastor John Amanchukwu. Known for his courageous advocacy in school board meetings, Pastor Amanchukwu will shed light on the pressing issues within the public school system and discuss how parents can reclaim their power to protect their children from indoctrination. In this highly anticipated...

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Alexander Spellane Welcomes Marketing Thought Leader Tyler Sickmeyer on The Right Wing Voice Podcast
Banking & Financial ServicesCompany Update

Alexander Spellane Welcomes Marketing Thought Leader Tyler Sickmeyer on The Right Wing Voice Podcast

August 1, 2024 2:10 PM

The Right Wing Voice, hosted by Alexander Spellane and sponsored by Fisher Capital, is thrilled to announce the release of its latest episode featuring renowned marketing thought leader, Tyler Sickmeyer. In this episode, listeners will gain valuable insights into the intersection of conservative values and marketing strategies that drive success. Tyler Sickmeyer, Founder of Fidelitas Development, brings a wealth of experience as a former concert...

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Derwent Investments Announces New AUM Target For 2025
Banking & Financial ServicesCompany Update

Derwent Investments Announces New AUM Target For 2025

August 1, 2024 1:45 PM

Asia-based investment and wealth management firm, Derwent Investments is proud to announce a new target of $7.5 billion for assets under management (AUM). The decision to set a new target is in line with the firm's continued growth and commitment to delivering superior investment and private wealth services to its clients.Staunchly independentSince its inception, Derwent Investments has remained steadfastly committed to the provision of bespoke...

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Dakota Nation Gaming Enterprise Selects and Installs Passport Technology’s Lush Loyalty Platform and Mira Player Enrollment Kiosks
Banking & Financial ServicesPartnerships

Dakota Nation Gaming Enterprise Selects and Installs Passport Technology’s Lush Loyalty Platform and Mira Player Enrollment Kiosks

August 1, 2024 1:15 PM

Passport Technology ("Passport"), a global leader in innovative payment technology and customer engagement solutions for the gaming industry, today announced the multi-site selection and installation of Passport's Lush® loyalty and rewards platform and Mira® player enrollment kiosks by the Dakota Nation Gaming Enterprise ("Dakota Nation").Dakota Nation Gaming Enterprise Selects Passport's Lush® and Mira® Passport's Lush loyalty platform provides...

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Financial Gravity Companies, Inc. Announces Strong Third Quarter Results with Significant Growth in Assets Under Management and Revenue
Banking & Financial ServicesCompany Update

Financial Gravity Companies, Inc. Announces Strong Third Quarter Results with Significant Growth in Assets Under Management and Revenue

August 1, 2024 1:15 PM

AUSTIN, TX / ACCESSWIRE / August 1, 2024 / Financial Gravity Companies, Inc. (OTC:FGCO) is pleased to report strong financial results for the third quarter of 2024. The company demonstrated significant growth in assets under management and revenue and a notable improvement in operating results.Financial Gravity experienced substantial growth in assets under management, increasing by over $50 million during the third quarter. This growth reflects...

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Commencement Bancorp, Inc. (CBWA) and Commencement Bank Announce New EVP, Chief Financial Officer and SVP, Finance and Accounting Manager
Banking & Financial ServicesCompany Update

Commencement Bancorp, Inc. (CBWA) and Commencement Bank Announce New EVP, Chief Financial Officer and SVP, Finance and Accounting Manager

August 1, 2024 12:30 PM

Commencement Bancorp, Inc. (OTCQX:CBWA) (the "Company") and Commencement Bank (the "Bank") announced today that Brandi Parker joined the Bank as Executive Vice President and Chief Financial Officer on July 29th, 2024, along with Mandie Ereth as Senior Vice President and Finance & Accounting Manager. Parker and Ereth came from Olympia-based Heritage Bank, where they held positions in the finance department. Both are highly accredited as Certified...

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New Documentary Sheds Light on the Surprising Scope of Soy’s Sustainability Benefits
Banking & Financial ServicesEnvironmental, Social and Governance

New Documentary Sheds Light on the Surprising Scope of Soy’s Sustainability Benefits

August 1, 2024 12:15 PM

NORTHAMPTON, MA / ACCESSWIRE / August 1, 2024 / U.S. Soy:From food to fuel to plastic, soy is making the Earth more sustainable in thousands of surprising ways. In the years ahead, it might even do the same on Mars.A new documentary, GroundBreaking: A Story of Innovation, explores the vast scope of innovative and sustainable uses for soy, giving viewers a peek behind the curtain to better understand how soy-based products can improve their lives...

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Experiencing the Magic of the ‘Gooooal’ With the Patients of Nicklaus Children’s Hospital
Banking & Financial ServicesEnvironmental, Social and Governance

Experiencing the Magic of the ‘Gooooal’ With the Patients of Nicklaus Children’s Hospital

August 1, 2024 12:15 PM

NORTHAMPTON, MA / ACCESSWIRE / August 1, 2024 / Aflac IncorporatedOriginally published on Aflac NewsroomThe exhilarating shouts of ‘Goooal' resonate in your heart when passion surrounds you, the anthem chants vibrate when millions of voices sing along with excitement, and the way you display your team's colors carries the identity many of us are proud of.In June, Aflac spent an entire afternoon at Nicklaus Children's Hospital in Miami with...

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Infinity Bancorp Announces Second Quarter 2024 Financials Results
Banking & Financial ServicesEarnings

Infinity Bancorp Announces Second Quarter 2024 Financials Results

July 31, 2024 9:40 PM

Infinity Bancorp (OTCQB:INFT) (the "Company" or "Bancorp"), the holding company for Infinity Bank (the "Bank"), today announced financial results for the quarter ended, June 30, 2024.Financial highlights for the second quarter of 2024:The Bancorp completed a stock offering selling 380,000 shares for $4.75 millionA dividend of $0.07 per share was paid during the second quarter of 2024Total loans increased $11.5 million, or 5.92% since December...

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Xcyte Digital Corp. Announces Advanced AI-Powered Captioning and Translation Features
Banking & Financial ServicesCompany Update

Xcyte Digital Corp. Announces Advanced AI-Powered Captioning and Translation Features

July 31, 2024 5:00 PM

POMPANO BEACH, FL / ACCESSWIRE / July 31, 2024 / Xcyte Digital Corp. (TSXV:XCYT) ("Xcyte" or the "Company"), a trusted global events technology company, specializing in next-generation applications for physical, hybrid, virtual, immersive, and phone-based events that enhance participant engagement announces the launch of its cutting-edge Artificial Intelligence (AI) powered captioning and translation features. This significant upgrade in the...

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Kingsway To Report Financial Results For Second Quarter 2024 On August 6
Banking & Financial ServicesConference Call

Kingsway To Report Financial Results For Second Quarter 2024 On August 6

July 31, 2024 4:30 PM

Kingsway Financial Services Inc. (NYSE:KFS) ("Kingsway" or the "Company") today announced that it will report financial results for the three and six months ended June 30, 2024, after the close of trading on Tuesday, August 6, 2024.Management will host a conference call at 5 p.m. Eastern Time on August 6, 2024, to discuss the results and to field questions.Conference Call InformationDate: Tuesday, August 6, 2024Time: 5 p.m. Eastern TimeToll...

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Tortoise Power and Energy Infrastructure Fund, Inc. Provides Section 19(a) Notice
Banking & Financial ServicesCompany Update

Tortoise Power and Energy Infrastructure Fund, Inc. Provides Section 19(a) Notice

July 31, 2024 4:00 PM

This notice provides stockholders of Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) with information regarding the distribution paid on July 31, 2024, and cumulative distribution paid fiscal year-to-date.The following table sets forth the estimated amounts of the current distribution, paid on July 31, 2024, and the cumulative distribution paid this fiscal year to date from the following sources: net investment income, net...

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U & I Financial Corp. Reports Second Quarter 2024 Financial Results
Banking & Financial ServicesEarnings

U & I Financial Corp. Reports Second Quarter 2024 Financial Results

July 31, 2024 4:00 PM

U & I Financial Corp. (OTCQX:UNIF), the holding company ("Company") for UniBank ("Bank"), today reported a quarterly Net Loss of $827 thousand or $0.15 loss per share in the second quarter of 2024, compared to $2.4 million of Net Income or $0.44 earnings per share for the same quarter of 2023. Net income decreased by $3.2 million or $0.59 per share, primarily due to an increase in the Provision for Credit Losses of $3.0 million in the second...

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Orange County Bancorp, Inc. Announces Second Quarter 2024 Results
Banking & Financial ServicesEarnings

Orange County Bancorp, Inc. Announces Second Quarter 2024 Results

July 31, 2024 4:00 PM

Orange County Bancorp, Inc. (the "Company") (Nasdaq:OBT), parent company of Orange Bank & Trust Co. (the "Bank") and Hudson Valley Investment Advisors, Inc. ("HVIA"), today announced net income of $8.2 million, or $1.46 per basic and diluted share, for the three months ended June 30, 2024. This compares with net income of $9.1 million, or $1.61 per basic and diluted share, for the three months ended June 30, 2023. The decrease in earnings per...

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