Tag: announces

Posted in Business

Centene Announces Expansion for 2021 Health Insurance Marketplace

ST. LOUIS, Sept. 11, 2020 /PRNewswire/ — Centene Corporation (NYSE: CNC) announced today that it plans to expand its offering in the 2021 Health Insurance Marketplace. The company is targeting expansion of its Marketplace product, branded Ambetter, in nearly 400 new counties across 13 existing states. In addition, Ambetter-branded Marketplace products will be offered in two new states, New Mexico and Michigan. This brings the total number of states with Centene’s Marketplace offerings to 22.

“At a time when many Americans are grappling with the health and economic effects of COVID-19, it is critical that we leverage our scale, capabilities and expertise to provide accessible, high-quality healthcare services to our members,” said Michael F. Neidorff, Chairman, President and CEO for Centene. “We know that many Americans are struggling during this crisis, and we are committed to expanding our Ambetter product, offering affordable options for care during this

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Posted in Personal

Emerson Firm Announces Investigation Regarding Alleged Mishandling of Personal Financial Data …

Press release content from Globe Newswire. The AP news staff was not involved in its creation.

Press release content from Globe Newswire. The AP news staff was not involved in its creation.

September 12, 2020 GMT

HOUSTON, Sept. 11, 2020 (GLOBE NEWSWIRE) — Emerson Firm, PLLC (“Emerson”), a law firm in Houston, Texas, announces that it is continuing its investigation regarding the alleged mishandling of individuals’ personal financial data by Yodlee, Inc. (“Yodlee”).  One of our colleagues recently filed a class action complaint on behalf of individuals whose financial information was collected and stored by the fintech app Yodlee.  The defendants are Yodlee and Envestnet, Inc. (“Envestnet”).  Yodlee is aa subsidiary of Envestnet which provides unified wealth management technology and products to financial advisors and institutions. Their flagship product is an advisory platform that integrates the services and software used by financial advisors

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Posted in Personal

Social Security announces new online service for replacement Social Security cards in Alabama

Kylle’ D. McKinney, Special to the Advertiser
Published 9:05 a.m. CT Aug. 28, 2020 | Updated 9:05 a.m. CT Aug. 28, 2020

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The Social Security Administration introduced the expansion of online services for residents of Alabama available through its my Social Security portal at www.socialsecurity.gov/myaccount. Andrew Saul, Commissioner of Social Security, announced that residents of Alabama can use the portal for many replacement Social Security number (SSN) card requests. This will allow people to replace their SSN card from the comfort of their home or office.

“We are here to serve the public and this option helps us improve service by offering a safe, secure, and more convenient choice for doing business with us online,” Saul said. “I am pleased to offer Alabama residents the added convenience of replacing a Social Security card through the my Social Security portal.” 

The agency is conducting a

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Posted in Finance

Sonic Foundry Announces Fiscal 2020 Third Quarter Financial Results

  • Billings of $7.7 million in the third quarter of 2020, bringing total billings for the year to $24.3 million which is $300,000 ahead of last year
  • Total revenues of $7.9 million compared to $10.1 million in the third quarter of 2019, and $24.6 million total revenue year-to-date compared to $25.6 million last year
  • Gross margin remained consistent at 73 percent for the third quarter in both 2020 and 2019
  • Net income attributable to common stockholders of $107,000, or $.01 per share, compared to a net loss of $(159,000), or $(0.03) per share, in the third quarter of 2019, an
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    Posted in Finance

    Power Solutions International Announces Second Quarter and First Half 2020 Financial Results

    The novel coronavirus COVID-19 pandemic (“COVID-19 pandemic”) has resulted in the implementation of significant governmental measures to control the spread of the virus, including quarantines, travel restrictions, business shutdowns and restrictions on the movement of people in the United States and abroad, and the related recent historic decline in oil demand. The Company has experienced a significant overall reduction in demand for its products which is, in large part, attributable to the impact of the COVID-19 pandemic.  This reduction in demand has adversely impacted the Company’s financial results for the second quarter and first half of 2020.  Sales for the second quarter of 2020 were $93.1 million, … Read More

    Posted in Finance

    Priority Technology Holdings, Inc. Announces Second Quarter 2020 Financial Results

    Priority Technology Holdings, Inc. (NASDAQ: PRTH) (“Priority” or the “Company”), a leading provider of merchant acquiring, integrated payment software and commercial payment solutions, today announced its second quarter 2020 financial results.

    The second quarter of 2020 began with nationwide shelter in place orders due to the COVID-19 pandemic. Priority’s April results were reflective of this with merchant bankcard processing dollar volumes down 31.8% year over year, and a corresponding, albeit more modest, revenue decline of 11.7%. As we quickly adapted to the new market dynamic, and the strength of our product offering and counter-cyclical assets accelerated, May and June results posted strong improvements. In May, merchant bankcard processing dollar volumes declined 15.8% year over year, however, revenue increased by 1.7%. In June, merchant bankcard processing dollar volumes showed a modest decline of 1.9% year over year, with a revenue increase of 10.8%.

    For the full quarter, increases in ecommerce volume … Read More

    Posted in Insurance

    Clara Insurance Rebrands to Brella; Announces Launch in Texas with $7M+ funding to Modernize Supplemental Health Insurance

    NEW YORK, Aug. 10, 2020 /PRNewswire/ — Brella Insurance, Inc. announced it has launched a modern supplemental health insurance plan for Texas-based employers and their teams. The company also announced its new name, Brella, and that it has raised an additional $1.5M from new investors, bringing their total funding to over $7M.” data-reactid=”12″NEW YORK, Aug. 10, 2020 /PRNewswire/ — Brella Insurance, Inc. announced it has launched a modern supplemental health insurance plan for Texas-based employers and their teams. The company also announced its new name, Brella, and that it has raised an additional $1.5M from new investors, bringing their total funding to over $7M.

    Brella aims to make it easy for employers to enhance their employee benefits with a simple supplemental plan that covers more and truly complements their health insurance.

    Texas,” said Founder and CEO, Veer Gidwaney. “We’re also excited

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    Posted in Personal

    Governor Gavin Newsom Relaxes Some Workplace Guidelines, Announces New Testing Method

    Click here to read the full article.

    California Governor Gavin Newsom said at his Monday press conference that the state was adjusting some of the workplace closure guidelines it issued last week, specifically those around hair salons and barbershops and the “personal care services industry.” The governor said he had wanted to make the changes earlier, but that it “turned out that was more challenging than it may have appeared.”

    “The good news is,” said Newsom, “we now have new guidelines out on the COVID-19.ca.gov website clarifying what we can and can’t do as it relates to hair cuts and activities that we want to move from indoors to outdoors for personal care services industry,” said Newsom.

    More from Deadline

    “It turned out, without getting into too many details, that issues of chemicals and shampoos and perms were more complicated than some had considered, particularly as relates to local ordinances

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    Posted in Business

    Tucker Carlson Announces ‘Vacation’ After Top Writer’s Racist, Sexist Posts Revealed

    Fox News’ Tucker Carlson addressed the resignation of Blake Neff, a writer for Carlson’s show who quit soon after a CNN report revealed racist and sexist comments he had posted online.

    Carlson admitted to the viewers of his show on Monday night that “what Blake wrote anonymously was wrong.”

    “We don’t endorse those words,” Carlson said. “They have no connection to the show. It is wrong to attack people for qualities they cannot control.”

    At the end of his show, the Fox News host announced that he would be going on a previously planned trout-fishing vacation for the next few days. 

    According to a report from CNN Business, Neff had been posting messages under a pseudonym on the AutoAdmit message board.

    His posts included racial slurs and rants against Black people, as well as continuous posts sent over five years about a woman he mocked and insulted, CNN Business reported.

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    Posted in Finance

    360 Finance Announces Changes to Management

    SHANGHAI, China, July 12, 2020 (GLOBE NEWSWIRE) — 360 Finance, Inc. (NASDAQ: QFIN) (“360 Finance” or the “Company”), a leading digital consumer finance platform, today announced the appointment of Mr. Alex Xu as the Chief Financial Officer of the Company in replacement of Mr. Jiang Wu, and the appointment of Mr. Jiang Wu as the Chief Strategy Officer of the Company, effective immediately. Upon taking the new position, Mr. Jiang Wu will focus on assisting the Chief Executive Officer of the Company in making mid to long-term strategic planning and in facilitating the comprehensive cooperation between the Company and its important ecosystem partners such as banks in strategic cooperation relationship with us.

    The Company also announced that Mr. Yan Zheng and Mr. Zhiqiang He, current Vice Presidents of the Company, have been promoted as the Chief Risk Officer of the Company and the Senior Vice President of the Company, respectively,

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