Business – Page 67 – The Media Pub News ™

Business

Protective Insurance selects Majesco P&C Core Suite for Commercial Auto and Workers’ Compensation lines of business on Majesco CloudInsurer® to accelerate their digital transformation

July 29, 2020

Leading provider of insurance for the transportation industry executes its vision of a new digital business model by replacing legacy systems from three different vendors with Majesco’s next-generation solutions MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco (NASDAQ: MJCO), a global leader of cloud insurance software, today

Business

Phibro Animal Health Corporation declares quarterly dividend

July 28, 2020

TEANECK, N.J.–(BUSINESS WIRE)–The Board of Directors of Phibro Animal Health Corporation (Nasdaq:PAHC) today declared a quarterly cash dividend of $0.12 per share on its Class A common stock and Class B common stock, payable on September 23, 2020, to stockholders of record

Business, Local News

Lou Sigillo joins Cenlar as senior vice president of contact centers

July 28, 2020

EWING, N.J.–(BUSINESS WIRE)–Cenlar FSB, the nation’s leading mortgage loan subservicer, announced today that Lou Sigillo has joined the company as Senior Vice President of Contact Centers. “Lou is an award-winning and driven leader with more than 25 years of experience in every

Business, Health Care

Daiichi Sankyo and AstraZeneca enter new global development and commercialization collaboration for Daiichi Sankyo’s ADC DS-1062

July 27, 2020

Agreement represents second collaboration between Daiichi Sankyo and AstraZeneca for a Daiichi Sankyo DXd antibody drug conjugate (ADC) AstraZeneca to pay Daiichi Sankyo up to $6 billion in total consideration, including a $1 billion upfront payment and up to an additional $5

Business

Elmer Bancorp, Inc. announces second quarter 2020 financial results

July 25, 2020

ELMER, N.J.–(BUSINESS WIRE)–ELMER BANCORP, INC. (“Elmer Bancorp” or the “Company”) (OTC Pink: ELMA), the parent company of The First National Bank of Elmer (the “Bank”), announces its operating results for the three and six months ended June 30, 2020. For the three

Business

AM Best affirms Issue Credit Rating of Weston2038 LLC’s Credit-Linked Note

July 24, 2020

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has affirmed the Long-Term Issue Credit Rating (Long-Term IR) of “a” to the $846 million (of which $742 million remains outstanding) 6.00% Variable Funding Credit-Linked Note (note), due July 1, 2038, issued by Weston2038 LLC (Weston2038), a Delaware

Business

AM Best affirms credit ratings of Union Medical Benefits Society Limited

July 24, 2020

SINGAPORE–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Union Medical Benefits Society Limited (UniMed) (New Zealand). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect UniMed’s

Business, Local News

NRG Energy Inc. to acquire Direct Energy

July 24, 2020

Acquisition Expected to Add More Than Three Million Residential and Commercial & Industrial Customers Across 50 States and Canada, Supporting NRG’s Integrated Strategy To Enhance Free Cash Flow Strength and Stability PRINCETON, N.J.–(BUSINESS WIRE)–NRG Energy Inc. (NYSE: NRG) today announced it has

Business, Local News

NRG Energy Inc. to hold investor call to discuss acquisition of Direct Energy

July 24, 2020

PRINCETON, N.J.–(BUSINESS WIRE)–On Friday, July 24, 2020 at 9:00 a.m. Eastern Time, NRG Energy Inc. (NYSE: NRG) will hold an investor call to discuss its acquisition of Direct Energy, as announced today by Centrica PLC, as well as a preview of the