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Posted inWire

Inszone Insurance acquires Kansas-based Snell-Nelson Insurance

AM Best expects the company’s prospective technical performance to be more stable, underpinned by actions taken by the management team appointed in 2019, although it remains vulnerable to increases in…
Posted by NNR July 17, 2025
Posted inWire

TSMC earnings surge 61% as AI chip demand fuels record quarter

TAIPEI: Taiwan Semiconductor Manufacturing Co. (TSMC) on Thursday reported a 61% surge in second-quarter profit, setting a quarterly record as strong demand for artificial intelligence chips continued to drive sales.…
Posted by NNR July 17, 2025
Posted inWire

Diageo CEO Debra Crew steps down; CFO Nik Jhangiani named interim chief

LONDON: Debra Crew has stepped down as chief executive officer of Diageo PLC after nearly two years in the role, the spirits giant said Wednesday, with Chief Financial Officer Nik…
Posted by NNR July 16, 2025
Posted inWire

Malaga Financial reports lower earnings on ERC impact, maintains strong credit metrics

Malaga Financial Corp (OTCIQ: MLGF), the parent of Malaga Bank FSB, on Wednesday posted a 7% drop in first-half earnings, citing the prior year's Employment Retention Credit (ERC) and lower…
Posted by NNR July 16, 2025
Posted inWire

Richemont delivers solid start to fiscal year, driven by jewellery sales and regional expansion

LUXEMBOURG: Compagnie Financière Richemont SA reported a solid start to its fiscal year, with group sales rising 6% at constant exchange rates to €5.4 billion for the first quarter ended…
Posted by NNR July 16, 2025
Posted inWire

Kayne Anderson BDC invests $126 million in SG Credit Partners to expand lower middle market lending

NEWPORT BEACH: Kayne Anderson BDC, Inc. (NYSE: KBDC) has announced a strategic investment in SG Credit Partners, Inc., a national credit platform serving the lower middle market, to enhance its…
Posted by NNR July 15, 2025
Posted inWire

Hancock Whitney reports Q2 2025 earnings; Adjusted profit stable amid loan growth

NEW ORLEANS: Hancock Whitney Corporation (HWC) announced second-quarter net income of $113.5 million, or $1.32 per diluted share, on Wednesday. This compares to $119.5 million, or $1.38 per share, in…
Posted by NNR July 15, 2025
Posted inWire

Thinking Machines Lab, AI startup founded by Mira Murati, raises $2 billion

Thinking Machines Lab, the artificial intelligence startup launched by former OpenAI executive Mira Murati, has secured $2 billion in funding as it gears up to debut its first product within…
Posted by NNR July 15, 2025
Posted inWire

Blackstone to invest $25 billion in Pennsylvania infrastructure, catalyzing $60 billion more

Blackstone Inc (NYSE: BX) said on Monday it will invest more than $25 billion through its infrastructure and real estate funds to expand Pennsylvania’s digital and energy infrastructure, a move…
Posted by NNR July 15, 2025
Posted inWire

Cavco to acquire American Homestar for $190 million; Expand presence in south-central U.S.

Cavco Industries Inc (Nasdaq: CVCO) said on Monday it would acquire American Homestar Corporation, the Houston-based maker of Oak Creek Homes, for $190 million in cash to deepen its footprint…
Posted by NNR July 14, 2025
Posted inWire

Equity Bancshares posts higher Q2 earnings; Closes NBC merger

WICHITA: Equity Bancshares, Inc. (NYSE: EQBK), the parent company of Equity Bank, reported second-quarter net income of $15.3 million, or $0.86 per diluted share, for the period ending June 30,…
Posted by NNR July 14, 2025
Posted inWire

Longevity Health merges with THPlasma in all-stock deal, targets plasma shortage

NEW YORK: Longevity Health Holdings, Inc. (Nasdaq: XAGE), a company focused on human longevity and healthy aging, announced Tuesday the execution of a definitive agreement to merge with True Health…
Posted by NNR July 14, 2025

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All news and articles on NewsnReleases are based on press releases, corporate announcements and analysts’ reports issued to London Stock Exchange (LSE), Euronext, Singapore Exchange (SGX), Japan Stock Exchange (JPX), Dubai Financial Market (DFM), Saudi Stock Exchange (Tadawul), Qatar Stock Exchange (QSE), BSEIndia, Australia Stock Exchange etc.

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