Posted on 10/19/20
Pharmacy Quality Solutions CEO Jeff Newell Announces Retirement
Jeff Newell, Chief Executive Officer of Pharmacy Quality Solutions (PQS), has announced his intent to retire at the end of May 2021. Newell's tenure at PQS . . .
Posted on 10/19/20
Brian Moynihan Just Said the Worst Is Over for Bank of America
Last week, Warren Buffett's favorite bank, Bank of America (NYSE:BAC), reported its third-quarter earnings. Even in trying times, the results revealed why the notoriously risk-averse Buffett . . .
Posted on 10/19/20
Better Buy: Bank of America vs. Wells Fargo
The big U.S. banks have all now delivered their third-quarter reports, and overall, it was their best period of 2020 so far, mainly due to the . . .
Posted on 10/19/20
First Citizens BancShares and CIT Merging to Create $100B Asset Bank
The $49-billion asset First Citizens BancShares (NASDAQ:FCNCA) is merging with the $61-billion asset CIT Group (NYSE:CIT) in an all-stock deal that will create the 19th largest . . .
Posted on 10/16/20
First Citizens Bancshares Sees Q3 Net Income Rise 14 Percent
First Citizens Bancshares, the Raleigh-based holding company that operates First Citizens Bank, reported third-quarter earnings on Friday. Net income for the third quarter of 2020 totaled . . .
Posted on 10/16/20
UB Bancorp Appoints Dr. William Keyes to its Board
UB Bancorp announced on Friday that Dr. William Keyes IV has been appointed to the Board of Directors.
Posted on 10/16/20
First Citizens to Buy CIT Group in an All-stock Deal to Form 19th Largest U.S. Bank
First Citizens BancShares, Inc., the parent company of First Citizens Bank, entered a definitive agreement to merge with CIT Group Inc., the company announced in a . . .
Posted on 10/16/20
Truist Financial Posts Q3 Earnings Beat
Truist Financial Corporation, the sixth largest U.S. bank holding company, reported third-quarter earnings on Thursday that outpaced Wall Street’s expectations. The bank reported adjusted earnings per . . .
Posted on 10/16/20
nCino Lands Banking Giant Barclays as a Client for its Bank Operating System
nCino, a financial technology company focused on cloud banking, announced today that Barclays, the largest bank in London, has adopted the nCino Bank Operating System to . . .
Posted on 10/16/20
Lenovo Debuts New Offering as School Esports Teams Grow during Remote Learning
Lenovo, one of the largest PC makers, launched an initiative to help build and manage esports programs at schools K-12 and universities as the COVID-19 pandemic . . .
Posted on 10/16/20
Grant Thornton Appoints Jeff Hughes to Lead Quality and Innovation for Audit Services
Trent Gazzaway, national managing partner of Audit Quality and Innovation, named global quality leader at Grant Thornton International Ltd Grant Thornton LLP has named Jeff Hughes . . .
Posted on 10/16/20
Ally Financial Reports Third Quarter 2020 Financial Results
Ally Financial Inc. (NYSE: ALLY) today reported its third quarter 2020 financial results. View the full press release in PDF.The news release, presentation and financial supplement . . .
Posted on 10/16/20
Prometheus Group Acquires Utopia Global
Prometheus Group, a leading global provider of asset management operations and optimization software, announced today the acquisition of Utopia Global, Inc., a leading data solutions company . . .
Posted on 10/16/20
Union Bank Appoints Dr. William A. Keyes IV as Director
The Board of Directors of UB Bancorp (OTCQX: UBNC) and Union Bank is pleased to announce that Dr. William A. Keyes IV has joined the Bank’s . . .
Posted on 10/16/20
First Citizens BancShares Reports Earnings for Third Quarter 2020
RALEIGH, N.C., Oct. 16, 2020 (GLOBE NEWSWIRE) -- First Citizens BancShares Inc. (Nasdaq: FCNCA) reported strong earnings for the third quarter of 2020. Key results for the . . .
Posted on 10/16/20
Honeywell Buys Ballard Power's Drones Division
Canadian fuel cell pioneer Ballard Power Systems (NASDAQ:BLDP) is getting out of the drones business. Admittedly, Ballard Power is much better known for building zero emission . . .
Posted on 10/15/20
cbdMD Says Net Sales to Grow Between 76 and 77 Percent for Fiscal 2020
cbdMD, a seller of consumer cannabidiol (CBD) products, said in a press release Wednesday it expects net sales to grow between 76 and 77 percent in . . .
Posted on 10/15/20
Honeywell Acquires Ballard Unmanned Systems
Honeywell International Inc., the multinational conglomerate, acquired assets Thursday from privately-held Ballard Unmanned Systems
Posted on 10/15/20
Liquidia Says PTAB Institutes IPR Processes Challenging ‘901 Patent, Denies ‘066
Liquidia Technologies, Inc., a late-stage biopharmaceutical company known for its proprietary PRINT technology, announced Wednesday the U.S. Patent Trial and Appeal Board (PTAB) has instituted inter . . .
Posted on 10/15/20
Updated: States with the Fastest Recovery for Weekly Unemployment Claims – WalletHub Study
With COVID-19’s continued grip on the U.S., new unemployment claims increased slightly week-over-week on October 5, but were still 87% below the peak during the COVID-19 . . .
Posted on 10/15/20
Truist Reports Third Quarter 2020 Results
Truist Financial Corporation (NYSE: TFC) today reported earnings for the third quarter of 2020.Net income available to common shareholders was $1.1 billion, up 45.3 percent, compared . . .
Posted on 10/15/20
Simply Opens of its First Simply Mac Store in Asheville, North Carolina
Simply, Inc. (OTCQB: AWSMD) announced the grand opening of its new Simply Mac retail store in Asheville, North Carolina. This 1,606 square foot official Apple Premier . . .
Posted on 10/15/20
Curi Appoints Jason Sandner as CEO
Curi—the premier provider of products, services, and experiences for physicians—today announced the appointment of Jason Sandner as its next Chief Executive Officer. Sandner will take the . . .
Posted on 10/15/20
Next Glass Acquires Oznr
Next Glass, a leading global provider of software to the beverage alcohol industry, today announced the acquisition of craft beverage technology solution, Oznr, formerly known as . . .
Posted on 10/15/20
Auerbach Funds Closes Third Real Estate Fund
Auerbach Funds today announced the first close for its third real estate private equity fund, Auerbach Opportunity Fund III). AOF III initially raised $14.7 million of . . .
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