Business Wire: latest releases

News releases provided by Business Wire Business Wire.

Dr. Pimple Popper featured as Special Guest Judge in the Gore Range Capital Skin Health Innovation Competition

Wednesday, October 20, 2021 - 9:49pm

Dr. Sandra Lee and four other skin health experts will join Gore Range Partners -- Ethan Rigel and Humberto Antunes -- as judges during the event. The Gore Range Capital Skin Health Innovation Competition is a prestigious annual event showcasing highly innovative companies developing new treatments, diagnostic capabilities, and technologies to improve the health of our largest organ, the skin.

Key Points: 
  • Sandra Lee, MD, FAACS (AKA Dr. Pimple Popper), will be featured as a Special Guest Judge in the Gore Range Capital Skin Health Innovation Competition at the Fall Clinical Dermatology Conference in Las Vegas October 23rd.
  • View the full release here: https://www.businesswire.com/news/home/20211020006083/en/
    Dr. Sandra Lee and four other skin health experts will join Gore Range Partners -- Ethan Rigel and Humberto Antunes -- as judges during the event.
  • The Gore Range Capital Skin Health Innovation Competition is a prestigious annual event showcasing highly innovative companies developing new treatments, diagnostic capabilities, and technologies to improve the health of our largest organ, the skin.
  • Gore Range Capital is a venture capital firm investing in early-stage healthcare businesses with a focus on skin health.

KBRA Assigns Preliminary Ratings to BCRED BSL CLO 2021-2, LTD.

Wednesday, October 20, 2021 - 9:48pm

Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to two classes of notes issued by BCRED BSL CLO 2021-2, LTD. (BCRED CLO 2021-2), a cash flow collateralized loan obligation (CLO) backed by a diversified portfolio of broadly syndicated corporate loans.

Key Points: 
  • Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to two classes of notes issued by BCRED BSL CLO 2021-2, LTD. (BCRED CLO 2021-2), a cash flow collateralized loan obligation (CLO) backed by a diversified portfolio of broadly syndicated corporate loans.
  • BCRED CLO 2021-2 is managed by Blackstone Private Credit Fund (BCRED or the collateral manager).
  • The ratings reflect initial credit enhancement levels, excess spread, and coverage tests including overcollateralization ratio and interest coverage tests.
  • The collateral in BCRED CLO 2021-2 will mainly consist of broadly syndicated leveraged loans issued by corporate obligors diversified across sectors.

Maximus Federal Student Loan Serving Contract Novation Completed

Wednesday, October 20, 2021 - 9:47pm

Maximus (NYSE:MMS), a leading provider of government services worldwide, announced today that the contract novation to transfer the loan servicing for U.S. Department of Education-owned student loan accounts from Navient to Maximus received all necessary approvals from the U.S. Department of Education Office of Federal Student Aid (FSA).

Key Points: 
  • Maximus (NYSE:MMS), a leading provider of government services worldwide, announced today that the contract novation to transfer the loan servicing for U.S. Department of Education-owned student loan accounts from Navient to Maximus received all necessary approvals from the U.S. Department of Education Office of Federal Student Aid (FSA).
  • Maximus replaces Navient as the contractor for loan servicing of 5.6 million Department of Education-owned student loan accounts.
  • The loans will remain on the same student loan servicing technology platform, owned by Fiserv, and approximately 800 Navient employees who previously worked on the Department of Education loan servicing team will transfer to Maximus.
  • We are pleased to report the completion of the contract novation of the U.S. Department of Education owned student loan accounts.

Sallie Mae Increases Dividend on Common Stock, Declares Dividends on Preferred Stock Series B

Wednesday, October 20, 2021 - 9:47pm

Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today announced an increase to its 2021 fourth-quarter dividend on its common stock from $0.03 to $0.11 per share.

Key Points: 
  • Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today announced an increase to its 2021 fourth-quarter dividend on its common stock from $0.03 to $0.11 per share.
  • The company also announced a 2021 fourth-quarter dividend on its Preferred Stock Series B of $0.45955 per share.
  • Both common stock and preferred stock dividends will be paid on Dec. 15, 2021, to the respective stockholders of record at the close of business on Dec. 3, 2021.
  • Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.

LICT Corporation Shareholder Designated Charitable Contribution Program

Wednesday, October 20, 2021 - 9:46pm

LICT Corporation (OTC Pink: LICT) announced today that its Board is in final discussions regarding continuing its Shareholder Charitable Contribution program for all registered shareholders.

Key Points: 
  • LICT Corporation (OTC Pink: LICT) announced today that its Board is in final discussions regarding continuing its Shareholder Charitable Contribution program for all registered shareholders.
  • Each registered shareholder will be eligible to designate a 501(c)3 charity to which the company will make a donation of $100 per share on behalf of the shareholder.
  • In addition to our Shareholder Giving Program, as we have done in the past, LICT will extend the opportunity for each of our Teammates to allocate a 501(c)3 charity to whom the Company will make a donation.
  • At LICT, we believe charitable giving is a cornerstone of society and an obligation for those with means to make a difference in the world.

Conexus MedStaff Ranks 6th on Staffing Industry Analysts’ Fastest Growing U.S. Staffing Firms List

Wednesday, October 20, 2021 - 9:45pm

Conexus MedStaff, the leading global recruitment agency that propels the U.S. careers of international nurses and medical technologists, has been named a top 10 company on Staffing Industry Analysts (SIA) 2021 List of Fastest Growing US Staffing Firms.

Key Points: 
  • Conexus MedStaff, the leading global recruitment agency that propels the U.S. careers of international nurses and medical technologists, has been named a top 10 company on Staffing Industry Analysts (SIA) 2021 List of Fastest Growing US Staffing Firms.
  • This marks the second year in a row that Conexus MedStaff has placed on the list, after having placed 4th on the list in 2020.
  • Staffing Firms list for the second consecutive year and as we celebrate 10 years in healthcare staffing is a great honor, said Andrew Moreton, CEO of Conexus MedStaff.
  • In 2020, Conexus MedStaff was named #4 Fastest Growing Staffing Firm in the country by Staffing Industry Analysts, received American Staffing Associations Elevate Award for its nursing education program that supports the growth of Conexus nurses, and ranked on Charlotte Business Journals Best Places to Work list.

Registered Caller Offers Companies Expanded Options to Take Advantage of STIR/SHAKEN for Verifying Caller Information

Wednesday, October 20, 2021 - 9:40pm

The Secure Telephone Identity Governance Authority (STI-GA) approved the use of delegate certificates and toll-free numbers for call authentication with STIR/SHAKEN .

Key Points: 
  • The Secure Telephone Identity Governance Authority (STI-GA) approved the use of delegate certificates and toll-free numbers for call authentication with STIR/SHAKEN .
  • STIR/SHAKEN is an industry-led framework designed to mitigate illegal robocalls and caller ID spoofing by verifying the identity of the organization using that caller ID.
  • Similarly, Responsible Organizations (RespOrgs) can authenticate if an enterprise or contact center has the right to use a toll-free number.
  • Registered Caller operationalizes this process by providing a trusted, industry-backed, centralized telephone number registry that service providers and certification authorities can use to verify phone number information.

Sallie Mae Reports Third-Quarter 2021 Financial Results

Wednesday, October 20, 2021 - 11:00pm

Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released third-quarter 2021 financial results.

Key Points: 
  • Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released third-quarter 2021 financial results.
  • View the full release here: https://www.businesswire.com/news/home/20211020006075/en/
    Sallie Mae will host an earnings conference call tomorrow, Oct. 21, 2021, at 8 a.m.
  • Sallie Mae (Nasdaq: SLM) believes education and life-long learning, in all forms, help people achieve great things.
  • Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.

Bimini Capital Management to Announce Third Quarter 2021 Results

Wednesday, October 20, 2021 - 9:28pm

Bimini Capital Management, Inc. (OTCQB:BMNM) ("Bimini or the "Company"), today announced that it will release results for the third quarter of 2021 following the close of trading on the New York Stock Exchange on Monday, November 8, 2021.

Key Points: 
  • Bimini Capital Management, Inc. (OTCQB:BMNM) ("Bimini or the "Company"), today announced that it will release results for the third quarter of 2021 following the close of trading on the New York Stock Exchange on Monday, November 8, 2021.
  • Through our wholly-owned subsidiary, Bimini Advisors Holdings, LLC ("Bimini Advisors"), we serve as the external manager of Orchid Island Capital, Inc. ("Orchid").
  • As Orchids external manager, Bimini Advisors receives management fees and expense reimbursements for managing Orchid's investment portfolio and day-to-day operations.
  • Pursuant to the terms of the management agreement, Bimini Advisors provides Orchid with its management team, including its officers, along with appropriate support personnel.

CytoDyn Announces Delaware Court Has Denied Activist Group’s Motion to Prevent Annual Meeting from Taking Place

Wednesday, October 20, 2021 - 9:27pm

[T]o deny CytoDyn the benefit of its advance notice bylaw by forcing a delay of its annual meeting, particularly after it prevailed at trial, would cause harm to the Company.

Key Points: 
  • [T]o deny CytoDyn the benefit of its advance notice bylaw by forcing a delay of its annual meeting, particularly after it prevailed at trial, would cause harm to the Company.
  • Cancelling it a week before it is to go forward would result in substantial costs and serious confusion.
  • The Annual Meeting will take place as scheduled on October 28, 2021.
  • Shareholders of record, as of September 1, 2021, are entitled to vote at the Annual Meeting.