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Citizens Financial Group Announces Prime Rate Change
PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) announced today that Citizens Bank, N.A. has decreased its prime lending rate to 6.75 percent from 7.00 percent, effective Thursday, December 11, 2025. About Citizens Financial Group, Inc. Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $222.7 billion in assets as of September 30, 2025. Headquartered in Providence, Rhode Island, Citizens offers a broad range of ret...
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AM Best Affirms Credit Ratings of UPMC Health Plan, Inc., Its Affiliates and Revises Outlooks for Members of UPMC Workers’ Compensation Group
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” (Excellent) of UPMC Health Plan, Inc. (UPMC Health Plan) and its affiliates: UPMC For You, Inc., UPMC Health Network, Inc., UPMC Health Coverage, Inc., UPMC Health Options, Inc. and Community Care Behavioral Health Organization. Collectively, the group is referred to as UPMC Health Insurance Group (UPMC Health Plans). The outl...
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Northern Trust Decreases Prime Rate
CHICAGO--(BUSINESS WIRE)--Northern Trust has decreased its prime rate from 7.00% to 6.75%....
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Ambulatory Infusion Pumps used in Pain Management Business by InfuSystem to Receive Separate Payment Under NOPAIN Act Starting January 1, 2026
ROCHESTER HILLS, Mich.--(BUSINESS WIRE)--Ambulatory Infusion Pumps used in Pain Management Business by InfuSystem to Receive Separate Payment Under NOPAIN Act Starting January 1, 2026...
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Starfighters Space Begins Initial Public Offering, Plans to List on NYSE American
CAPE CANAVERAL, Fla.--(BUSINESS WIRE)--Starfighters Space Begins Initial Public Offering, Plans to List on NYSE American...
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U.S. Bank Decreases Prime Lending Rate to 6.75 Percent
MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bank Decreases Prime Lending Rate to 6.75 Percent...
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Culp Announces Second Quarter Fiscal 2026 Results
HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP), a leading provider of fabrics for bedding and upholstery fabrics for residential, commercial, and hospitality furniture and other applications, today reported financial and operating results for its second fiscal quarter ended November 2, 2025. Fiscal 2026 Second Quarter Financial Highlights Consolidated net sales of $53.2 million, a sequential improvement from first quarter net sales of $50.7 million (which included an extra week) and...
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INSERTING and REPLACING Backblaze to Present Strategy for Future-Proofing AI Initiatives at Gartner® IT Infrastructure, Operations, & Cloud Strategies Conference 2025
SAN MATEO, Calif.--(BUSINESS WIRE)--Insert after "Meet with Backblaze at Gartner IOCS" paragraph of release issued Dec. 2, 2025, at 1:01 p.m. PT/4:01 p.m. ET: About the Gartner IT Infrastructure, Operations & Cloud Strategies Conference: Gartner analysts will provide additional analysis on cloud strategies and infrastructure and operations trends at the Gartner IT Infrastructure, Operations & Cloud Strategies Conferences 2025 taking place December 9-11, 2025, in Las Vegas. Follow news a...
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KBRA Assigns Ratings to Mechanics Bancorp; Upgrades and Subsequently Withdraws Ratings for HomeStreet, Inc.
NEW YORK--(BUSINESS WIRE)--KBRA assigns a senior unsecured debt rating of BBB+, a subordinated debt rating of BBB, and a short-term debt rating of K2 to Walnut Creek, California-based Mechanics Bancorp (NASDAQ: MCHB) ("Mechanics" or "the company"). In addition, KBRA assigns deposit and senior unsecured debt ratings of A-, a subordinated debt rating of BBB+, and short-term deposit and debt ratings of K2 to its main subsidiary, Mechanics Bank ("the bank"). The Outlook for all long-term ratings is...
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Kessler Topaz Meltzer & Check, LLP Announces Securities Fraud Class Action Lawsuit Filed Against CarMax, Inc.
RADNOR, Pa.--(BUSINESS WIRE)--The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against CarMax, Inc. (“CarMax”) (NYSE: KMX) on behalf of those who purchased or otherwise acquired CarMax securities between June 20, 2025, and November 5, 2025, inclusive (the “Class Period”). The lead plaintiff deadline is January 2, 2026. CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP: If you suffered CarMax losses, you ma...