ST. LOUIS--(BUSINESS WIRE)-- NUSO, an omnichannel provider of communications and collaboration solutions, has entered into a definitive agreement with McCarthy Capital to recapitalize the company and provide funds for future growth. Management is participating alongside McCarthy Capital in the transaction, and BMO is continuing as NUSO’s debt provider.
The transaction is subject to customary closing conditions and regulatory approvals. Both parties are working... (continue reading...)
OLDWICK, N.J.--(BUSINESS WIRE)-- AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of “bbb” (Good) of Trans World Assurance Company (TWA) (San Mateo, CA). The outlook of the FSR is stable.
The Credit Ratings (ratings) reflect TWA’s balance sheet strength, which AM Best assesses as very strong, as well as its... (continue reading...)
Participants will explore STEM careers and build STEM-related skills with free access to SkyHive’s STEM Career Explorer tool
PALO ALTO, Calif.--(BUSINESS WIRE)-- A group of 126 Champions in the National STEM Challenge headed to Washington, D.C. to present their innovative ideas to leaders in science, technology, engineering and mathematics (STEM) across the U.S. government during the National STEM Festival held from April 11-13, 2024.
This first-ever National... (continue reading...)
NEW YORK--(BUSINESS WIRE)-- KBRA assigns ratings preliminary to seven classes of mortgage-backed notes from OBX 2024-NQM6 Trust, a $441.4 million non-prime RMBS transaction. The underlying collateral, comprising 843 residential mortgages, is characterized by a notable concentration of alternative income documentation (93.5%) loans. Most of the loans are classified as non-qualified mortgages (Non-QM) (53.7%) or exempt (45.3%) from the Ability-to-Repay/Qualified... (continue reading...)
KANSAS CITY, Mo.--(BUSINESS WIRE)-- Commerce Bancshares, Inc. (NASDAQ: CBSH) announced today that its Board of Directors declared a quarterly dividend of $0.27 per share on the Company's common stock. The dividend is payable on June 18, 2024 to stockholders of record at the close of business on June 5, 2024.
With $30.4 billion in assets1, Commerce Bancshares, Inc. (NASDAQ: CBSH) is a regional bank holding company offering a full line of banking services through... (continue reading...)
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