Travelers Publishes Its 2024 Community Report

Travelers Publishes Its 2024 Community Report

Report details more than $24 million in charitable contributions and 120,000 hours of employee volunteer efforts

HARTFORD, Conn.–(BUSINESS WIRE)–
The Travelers Companies, Inc. (NYSE: TRV) today published its annual community report, “Stories That Connect Us,” detailing charitable contributions of more than $24 million in 2024, bringing the company’s total giving to more than $237 million over the past decade. The report also highlights the 120,000 volunteer hours logged in the past year by Travelers employees.

“This year’s report highlights the outstanding contributions of our employees and community partners,” said Marlene Ibsen, President and CEO of the Travelers Foundation and Vice President of Community Relations at Travelers. “The stories clearly demonstrate our commitment to strengthening the vitality and resilience of the communities we serve.”

The company’s giving and volunteer efforts are focused on improving academic and career success, developing thriving neighborhoods and creating culturally enriched communities. Below are some examples of the initiatives Travelers supported in 2024, through both funding and volunteer activities.

  • Travelers dedicated $6 million to academic and career development initiatives, including the company’s signature talent pipeline program, Travelers EDGE® (Empowering Dreams for Graduation and Employment).
  • The company provided $5.6 million to organizations and programs dedicated to creating and maintaining safe, stable and resilient neighborhoods, including the Travelers Fortifies Communities program, through which 95 homes were built or rebuilt to FORTIFIED™ standards last year.
  • Approximately $3 million went to organizations focused on enriching people’s lives through arts and culture, including New York City Ballet; the Bushnell Center for the Performing Arts in Hartford, Connecticut; and Ordway Center for the Performing Arts in St. Paul, Minnesota. Through these partnerships, more than 58,000 students gained access to live performances and scholarships.

For more information about Travelers’ community support, please visit Travelers.com/community.

About Travelers

The Travelers Companies, Inc. (NYSE: TRV) is a leading provider of property casualty insurance for auto, home and business. A component of the Dow Jones Industrial Average, Travelers has more than 30,000 employees and generated revenues of more than $46 billion in 2024. For more information, visit Travelers.com.

Media:

Kassondra Mangione, 860.277.0731

[email protected]

KEYWORDS: United States North America Connecticut

INDUSTRY KEYWORDS: Professional Services Philanthropy Other Professional Services Insurance Human Resources Other Philanthropy

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LP Building Solutions Named 2025 Sustainable Brand Leader and Product of the Year by Green Builder Media

LP Building Solutions Named 2025 Sustainable Brand Leader and Product of the Year by Green Builder Media

Company recognized for leadership in sustainability and innovation in the building products industry

NASHVILLE, Tenn.–(BUSINESS WIRE)–LP Building Solutions (LP), a leading manufacturer of high-performance building products, has been named Green Builder Media’s 2025 Sustainable Brand Leader in the Siding category. Additionally, LP® SmartSide® Trim & Siding earned a 2025 Sustainable Product of the Year award. This marks the second consecutive year LP has received top honors in Green Builder Media’s Brand Index and the third time overall as a Brand Leader.

“We’re honored to be recognized once again as a sustainability leader in our industry,” said LP President Jason Ringblom. “This recognition reflects our long-standing commitment to developing innovative, durable products that support sustainable building practices. We’re grateful to the building professionals who continue to place their trust in LP.”

Green Builder Media’s Brand Index ranks companies based on a weighted average of survey data, market visibility, and sentiment analysis. Sustainable Product of the Year winners are selected for their innovativeness, efficiency, and contribution to more resilient, sustainable homes.

LP’s recognition follows several recent sustainability milestones, including its 2024 and 2022 Brand Index wins, multiple Sustainable Product of the Year awards, and the release of nine environmental product declarations (EPDs) demonstrating the carbon negativity of LP SmartSide and LP Structural Solutions products.

Sustainability has been central to LP’s mission for over 50 years—rooted in responsible forest management, efficient operations, and community engagement. To learn more about LP’s commitment to sustainability, visit LPCorp.com/Sustainability.

About LP Building Solutions

As a leader in high-performance building solutions, Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX) manufactures engineered wood products that meet the demands of builders, remodelers and homeowners worldwide. LP’s extensive portfolio of innovative and dependable products includes Siding Solutions (LP® SmartSide® Trim & Siding, LP® SmartSide® ExpertFinish® Trim & Siding, LP BuilderSeries® Lap Siding and LP® Outdoor Building Solutions®), LP® Structural Solutions (LP® TechShield® Radiant Barrier, LP WeatherLogic® Air & Water Barrier, LP Legacy® Premium Sub-Flooring, LP® FlameBlock® Fire-Rated Sheathing, LP NovaCore® Thermal Insulated Sheathing and LP® TopNotch® 350 Durable Sub-Flooring) and oriented strand board (OSB). In addition to product solutions, LP provides industry-leading customer service and warranties. Since its founding in 1972, LP has been Building a Better World™ by helping customers construct beautiful, durable homes while shareholders build lasting value. Headquartered in Nashville, Tennessee, LP operates 22 plants across the U.S., Canada, Chile and Brazil. For more information, visit LPCorp.com.

Media Contact

Emily O’Connor

615-804-5709

[email protected]

KEYWORDS: United States North America Tennessee

INDUSTRY KEYWORDS: Architecture Sustainability Forest Products Other Construction & Property Residential Building & Real Estate Natural Resources Environment Construction & Property Other Manufacturing Building Systems Manufacturing Interior Design

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IQVIA named a front-runner in generative AI innovation by global industry research and analysis firm

IQVIA named a front-runner in generative AI innovation by global industry research and analysis firm

RESEARCH TRIANGLE PARK, N.C.–(BUSINESS WIRE)–
IQVIA (NYSE:IQV), a leading global provider of clinical research services, commercial insights and healthcare intelligence, announced today that the global independent research and analysis firm Everest Group® has named IQVIA a “front-runner generative AI leader” for the life sciences industry in its recent report, “AI-deas to Action: Operationalizing Generative AI in Life Sciences.”

IQVIA was the only clinical research organization to receive the highest ranking of front-runner in the report, which measures the value impact of end-to-end generative AI capabilities for 15 carefully selected broad-based AI companies, CROs and life sciences specialists and niche firms. IQVIA is also the only CRO with a dedicated technology business unit to receive this designation.

“By striving for operational excellence and emphasizing the need for responsible AI governance, IQVIA is taking a thoughtful approach to its generative AI strategy, scaling select use cases from concept to deployment to maximize value across the stages of the product life cycle,” said Aastha Malik, practice director, Everest Group.

The report ranks IQVIA among five front-runners and says it showed industry leadership in its innovative strategic integrations of generative AI capabilities through various stages of research and development that help enable new ways of working. This includes several IQVIA Healthcare-grade AI® solutions to identify nuances in the patient journey for improved clinical trial design, enhanced product commercialization strategies with deeper provider engagement analytics and precise market access insights.

“Today’s life sciences and healthcare organizations are looking to balance AI innovation with continuous service delivery at high standards, striving for operational excellence,” said Harietta Eleftherochorinou, vice president, AI Strategy and Operations, IQVIA. “The pace of AI advancement is extremely fast, making it important to implement AI with effective governance and drive tangible results while incentivizing for AI experimentation and keeping up to date with emerging AI technologies. With Healthcare-grade AI as our cornerstone for privacy, quality and trust, and building on the insights from over a decade of AI solutions in the market, we are systematic in identifying the areas where AI makes a real difference and moving effectively from AI ideas to operationalization to create real-world value for our customers and their patients.”

IQVIA is gaining recognition for its ability to drive innovation and operational efficiency throughout the R&D life cycle. Earlier this year, IQVIA AI Assistant, an interactive tool to revolutionize insight generation for the healthcare and life sciences industries, was recognized with the PM360 Innovation Award in the AI Category.

About Everest Group

Everest Group is a leading global research firm helping business leaders make confident decisions. It guides clients through today’s market challenges and strengthens their strategies by applying contextualized problem-solving to their unique situations. This drives maximized operational and financial performance and transformative experiences. The Everest Group’s deep expertise and tenacious research focused on technology, business processes and engineering through the lenses of talent, sustainability and sourcing deliver precise and action-oriented guidance. Find further details and in-depth content at www.everestgrp.com.

About IQVIA

IQVIA (NYSE:IQV) is a leading global provider of clinical research services, commercial insights and healthcare intelligence to the life sciences and healthcare industries. IQVIA’s portfolio of solutions are powered by IQVIA Connected Intelligence™ to deliver actionable insights and services built on high-quality health data, Healthcare-grade AI®, advanced analytics, the latest technologies and extensive domain expertise. IQVIA is committed to using AI responsibly, with AI-powered capabilities built on best-in-class approaches to privacy, regulatory compliance and patient safety, and delivering AI to the high standards of trust, scalability and precision demanded by the industry. With approximately 88,000 employees in over 100 countries, including experts in healthcare, life sciences, data science, technology and operational excellence, IQVIA is dedicated to accelerating the development and commercialization of innovative medical treatments to help improve patient outcomes and population health worldwide.

IQVIA is a global leader in protecting individual patient privacy. The company uses a wide variety of privacy-enhancing technologies and safeguards to protect individual privacy while generating and analyzing information on a scale that helps healthcare stakeholders identify disease patterns and correlate with the precise treatment path and therapy needed for better outcomes. IQVIA’s insights and execution capabilities help biotech, medical device and pharmaceutical companies, medical researchers, government agencies, payers and other healthcare stakeholders tap into a deeper understanding of diseases, human behaviors and scientific advances, in an effort to advance their path toward cures. To learn more, visit www.iqvia.com.

Kerri Joseph, IQVIA Investor Relations

([email protected])

+1.973.541.3558

Alissa Maupin, IQVIA Media Relations

([email protected])

+1.919.923.6785

KEYWORDS: United States North America North Carolina

INDUSTRY KEYWORDS: Biotechnology Technology Professional Services Other Health Health Health Technology Research Data Analytics Artificial Intelligence Science Clinical Trials

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Modivcare and Aetna Better Health® of Illinois Transform Access to Healthcare in Illinois with Launch of Health Stations

Modivcare and Aetna Better Health® of Illinois Transform Access to Healthcare in Illinois with Launch of Health Stations

DENVER–(BUSINESS WIRE)–
Illinoisans now have easy access to user friendly enhanced health stations through a collaboration between Modivcare Inc. (the “Company” or “Modivcare”) (Nasdaq: MODV), a healthcare services company integrating technology into personalized care experiences, focused on improving health outcomes, and Aetna Better Health® of Illinois, a CVS Health® company. The Modivcare Higi Stations offer self-service health information and digital navigation, as well as functionality to support telehealth in the future. The stations are available to the public, including Aetna Better Health of Illinois members, at Aetna community-based organization partner locations – where members live, work and play. The collaboration builds on both organizations’ longstanding relationship across service lines and underscores their commitment to improving healthcare access and equity for diverse, underserved populations.

Starting in collaboration with five community partners, and expanding to 15, placement of these stations offers community members convenient, no-cost access to health information and education on common chronic conditions. Additionally, the stations offer Aetna Better Health of Illinois members the opportunity to complete a health survey and receive personalized recommendations to address care gaps, including unmet health- related social needs, and access community and plan resources.

Modivcare’s Higi Stations and suite of services play a pivotal role to enhance and expand access to care where community members spend their time in their neighborhoods. Aetna works with local partners to provide its members with tools and services to help them better understand their health and take action to improve it through personalized education and navigation to community resources, and these stations provide a new tool to build upon that work.

“We are thrilled to deepen our relationship with Aetna Better Healthof Illinois, leveraging our Higi Stations and platform to deliver technology-driven care access and community engagement solutions,” said L. Heath Sampson, President and Chief Executive Officer of Modivcare. “This collaboration is a testament to our shared commitment to improving healthcare access and equity for under-resourced communities. By providing self-service Smart Health Stations, we empower individuals to better understand and monitor their health risks, connect with educational programs and in the future, engage directly with virtual care providers through the platform’s telehealth capabilities. The future of healthcare demands broader access and smarter use of clinical resources. This scalable, tech-enabled model reflects where the industry is headed – and where Modivcare is leading. Together with Aetna Better Health of Illinois, we are making a significant difference in the health and well-being of our communities.”

“Through our expanded collaboration with Modivcare, we can improve the health and well-being of our members through emerging technology and access,” said Rushil Desai, Chief Executive Officer of Aetna Better Health of Illinois. “Our work together opens a new opportunity to address the critical needs of the community and our members. These self-service stations allow our members to measure key health metrics, facilitate self-screening and enable members to connect to a provider in community centers. Our joint efforts positively impact the lives of individuals and families across Illinois, including those that can’t find a doctor, by providing easy-to-use tools to help promote prevention, manage chronic conditions and connect to healthcare resources. We look forward to further empowering our members to live healthier lives through our expanded collaboration with Modivcare.”

Modivcare and Aetna Better Health of Illinois are proud to collaborate with several esteemed, community-based organizations to host the Higi Stations and become new access points for care. Current locations include:

  • Rincon Family Services
  • Supportive Reentry Network Collaborative
  • The Kindness Campaign
  • Vermillion County Healthcare Collaborative
  • Westside Health Authority

“We’re thrilled to collaborate with Modivcare and Aetna Better Health of Illinois in offering the Higi Smart Health Stations at Rincon Family Services,” said Eddy F. Borrayo, President/CEO of Rincon Family Services. “Every day, approximately 120 clients walk through our doors at this location, and this kiosk will provide them with valuable access to health screenings and personalized health information. This initiative is aligned with our priority to provide tools that improve the health and wellness of the clients we serve. It empowers our community by offering a convenient and no-cost way to monitor their health, bridge gaps in care, and improve overall well-being. By integrating this innovative technology into our services, we’re making a direct impact on the lives of those we serve, especially for those who may face barriers to accessing traditional healthcare.”

Modivcare and Aetna Better Health of Illinois remain committed to exploring new opportunities to innovate and amplify healthcare services for communities in Illinois. By integrating various aspects of healthcare delivery, from transportation to member engagement, both organizations aim to set new standards in member satisfaction and healthcare outcomes.

Aetna Better Health of Illinois serves over 360,000 Medicaid members in 102 counties. The health plan offers value-added benefits and best practices that have proven positive results in utilization, health gap closures and member satisfaction. For more information about Aetna Better Health of Illinois, visit our website, www.aetnabetterhealth.com/illinois-medicaid.

About Modivcare

Modivcare Inc. (Nasdaq: MODV) is a healthcare services company who seamlessly blends technology into the uniquely human experience of care through a platform of integrated supportive care solutions focused on improving health outcomes for public and private payors and their members. Our value-based solutions address the social determinants of health (SDoH), enable greater access to care, reduce costs, and improve outcomes to connect people to the care that matters. We are a leading provider of non-emergency medical transportation (NEMT), personal care and virtual monitoring, including VRI and Higi. To learn more about Modivcare, please visit www.modivcare.com.

Media

Melody Lai

Sr. External Communications Manager

[email protected]

KEYWORDS: United States North America Illinois Colorado

INDUSTRY KEYWORDS: Data Management Biotechnology Technology Health General Health Biometrics Health Technology Health Insurance Apps/Applications Audio/Video Telemedicine/Virtual Medicine

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NYSE Content Advisory: Pre-Market update + Elon Musk to lessen time running DOGE

PR Newswire


NEW YORK
, April 23, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. 


Kristen Scholer delivers the pre-market update on April 23rd

  • Stocks are rallying early Wednesday after President Trump softened his stance on Fed Chair Powell and the U.S. toned down tariff talk on China.
  • The S&P 500 traded up 2.5% pre-market on Wednesday, after a 2.5% gain on Tuesday.
  • Elon Musk announced Tuesday that he will significantly scale back his time spent running DOGE after Tesla earnings and sales missed estimates last quarter.


Opening Bell


Elm Wealth celebrates the Elm Market Navigator ETF (NYSE Arca: ELM)


Closing Bell


Rockefeller Asset Management celebrates the recent listing of the Rockefeller Opportunistic Municipal Bond ETF, The Rockefeller US Small-Mid Cap ETF, and the Rockefeller Global Equity ETF (NYSE ARCA: RMOP, RSMC, RGEF)


Watch NYSE TV Live every weekday 9:00-10:00am ET

 

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SOURCE New York Stock Exchange

LPL Welcomes Synergy Wealth Strategies

SAN DIEGO, April 23, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that financial advisor James “Jim” Verdi, CFP®, has joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. He reported serving approximately $350 million in advisory, brokerage and retirement plan assets* and joins LPL from Osaic.

Based in Smithtown, N.Y., Verdi founded Synergy Wealth Strategies in 2008, driven by the mission that investors deserve a reputable, stable and safe place to house their investments. The firm’s name comes from the definition of synergy: the combined power of a group of things when they are working together that is greater than the total power achieved by each working separately. Together with his team, Verdi takes a comprehensive and holistic approach to wealth management to help clients create a more confident financial future for themselves and their families.

“Our clients’ goals are well thought out and often quite complex. Their portfolios should reflect the same,” Verdi said. “We do not believe in ‘cookie-cutter’ solutions to complex issues. Instead, our investment advisory team spends the time to carefully consider the intricate issues of each individual and utilize the products and services that best suit the specific needs of each client.”

Looking to enhance their client experience, improve their technological capabilities and grow their business, the Synergy Wealth Strategies team turned to LPL Financial.

“By partnering with LPL, we can provide large-firm asset management with boutique-firm planning and strategy,” Verdi said. “With LPL’s integrated technology platform, we can access everything we need with a single sign-on, and by using their back-office support, we will be able to spend more time with our clients — where we belong.”

Scott Posner, LPL Executive Vice President, Business Development, said, “We welcome Jim and his team to the LPL community and wish them success with this next chapter of their business. Like Jim, we understand that the whole is greater than the sum of its parts. To that end, LPL is committed to investing in industry-leading capabilities and strategic resources to help advisors thrive both operationally and strategically. We look forward to supporting Synergy Wealth Strategies for years to come.”


Related

Advisors, learn how LPL Financial can help take your business to the next level.


About LPL Financial

LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports nearly 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.7 trillion in brokerage and advisory assets on behalf of approximately 6 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

Securities and advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment advisor and broker-dealer, member FINRA/SIPC. Synergy Wealth Strategies and LPL Financial are separate entities.

Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.

We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.

*Value approximated as reported to LPL


Media Contact:
 
[email protected] 

Tracking #723134



BILL Expands Category Leadership, Empowering Businesses to Streamline Procurement and Take Control of Cash Flow

BILL Expands Category Leadership, Empowering Businesses to Streamline Procurement and Take Control of Cash Flow

New innovations bring AP, AR, Spend & Expense, Procurement and Forecasting together in a single platform for the first time —giving businesses control of their cash flow in one seamless experience

SAN JOSE, Calif.–(BUSINESS WIRE)–
BILL (NYSE: BILL), a leading financial operations platform for small and midsize businesses (SMBs), today announced new powerful procurement capabilities and several other meaningful innovations to help businesses and accountants take control of their cash flow and win. BILL is the first company to seamlessly unify robust procure-to-pay workflows with AP, AR, Spend & Expense and Insights & Forecasting in a single, intuitive platform. With these innovations, BILL has once again raised the bar as a category leader– delivering unmatched capabilities that equip businesses to confidently run, grow and succeed.

BILL is solving the most critical problem for business success: Cash flow

Cash flow control is critical to business success. But there are still too many business and finance leaders who lack the confidence and data visibility they need to make strategic financial decisions. Six in 10 financial leaders say that managing cash flow is a top priority in 2025, but almost two-thirds say they can’t improve their cash flow or forecast guidance with spreadsheets. Half of finance leaders report zero automation of their procurement process.

“In an uncertain environment, control and visibility of cash flow is not only key to efficiency – it’s one of the most powerful levers a business has to be more resilient. Legacy spreadsheets and disparate tools are costing American businesses time, money and opportunity, and BILL is the only technology partner delivering more control, more value and more innovation SMBs need and deserve,” said René Lacerte, CEO and Founder of BILL. “Our expansion into procurement reinforces how BILL is driving innovation and setting new standards for helping businesses and accountants to manage and control their cash flow, eliminate ‘busy work’, and make strategic decisions that drive long-term growth and success.”

Procurement at the speed of business

Growing and dynamic businesses trust BILL’s innovation agenda because it delivers real value and gives leaders the visibility and confidence to spend smarter and faster. BILL Procurement is the next step in that innovation journey–giving businesses the ability to manage, approve and track purchase orders with speed, precision and control. BILL is entering the procurement category to empower businesses to:

  • Harness AI to streamline procure-to-pay workflows, reduce manual work and boost efficiency, all within a single, intuitive workspace.
  • Access advanced approval routing and automated invoice matching to reduce fraud risk and payment errors.

Payments and customization at scale

BILL is making its intelligent platform more powerful with three new innovations to deliver payments and integration capabilities at scale.

(1) BILL Multi-Entity enables businesses and accounting firms to manage payments across multiple organizations from a single, centralized platform. As businesses scale, financial operations become more complex. BILL is simplifying bill pay operations and making it easier for leaders to run and grow multiple organizations seamlessly, and with speed and control. Businesses can:

  • Easily add new entities and manage payments, expenses and approvals across multiple organizations within one platform.
  • Gain centralized financial oversight with streamlined cash flow management, bill approvals and payment processing across entities for enhanced visibility and control.

(2) The BILL API Platform empowers businesses and accountants to tailor financial workflows to meet their unique needs. With thousands of organizations already benefitting from this new capability, BILL is delivering the technology businesses need to scale and grow with confidence. Businesses can:

  • Integrate BILL’s financial capabilities into their existing systems to streamline workflows across AP, AR and Spend & Expense.
  • Build and automate custom financial processes to reduce manual entry, improve efficiency and support compliance.

(3) As businesses grow, the volume and complexity of managing payables leads to increased costs, compliance risks and barriers to scale. Finance teams can spend days and weeks manually processing thousands of bills. BILL will save businesses time and money by making it easier to pay bills in bulk. Enhancements include:

  • The ability to pay thousands of bills at a time, helping teams handle growing transaction volumes with ease and speed for maximum efficiency.
  • Smarter bill selection, faster processing and improved error handling– all built to streamline approval workflows, reduce manual work and keep payments flowing without disruption.

SMBs and Accountants welcome BILL’s innovations

Francisco Santa, Director of Finance, Operations at Distinctive Schools

“We’ve broken free from spreadsheet purgatory and the chaos of manually tracking purchase orders across outdated, disjointed systems—and we’re not looking back. BILL Procurement gives us real-time control over spending and cash flow, which is critical for our continued growth. Cash flow fuels our success, and with BILL as our technology partner, we can focus on what matters most: helping students thrive.”

Michelle Hodges, CPA, Principal, Public Sector, Finance and Accounting Solutions, Rehmann

“The role of accounting firms is evolving as clients seek more strategic guidance to make better business decisions. BILL helps us deliver on that promise by giving us real-time visibility into spend and future cash flow, allowing us to move our clients beyond spreadsheets. With BILL Procurement, we’re scaling procurement services to improve efficiency, accuracy and compliance, empowering clients to grow with confidence and shape the future of advisory.”

For more information, visit http://www.bill.com/blog/new-innovations-bill-intelligent-financial-operations.

About BILL

BILL (NYSE: BILL) is a leading financial operations platform for small and midsize businesses (SMBs). As a champion of SMBs, we are automating the future of finance so businesses can thrive. Our integrated platform helps businesses to more efficiently control their payables, receivables and spend and expense management. Hundreds of thousands of businesses rely on BILL’s proprietary member network of millions to pay or get paid faster. Headquartered in San Jose, California, BILL is a trusted partner of leading U.S. financial institutions, accounting firms, and accounting software providers. For more information, visit bill.com.

Press Contact:

Lauren Johns

[email protected]

IR Contact:

Karen Sansot

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Data Management Accounting Technology Professional Services Payments Small Business Other Technology Apps/Applications Software Fintech Finance

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Lumen Brings Big Bandwidth to the Big Hats: Powering the Kentucky Derby® with Network-as-a-Service

PR Newswire


DENVER
, April 23, 2025 /PRNewswire/ — ‘The Most Exciting Two Minutes in Sports®‘ just got a serious tech upgrade. As Churchill Downs Racetrack (“Churchill Downs”) prepares to host the 151st running of the Kentucky Derby, the historic venue has teamed up with Lumen Technologies (NYSE: LUMN) to bring Network-as-a-Service (NaaS) capabilities to the racetrack, delivering enhanced connectivity for hundreds of thousands of guests, media outlets, and mutuel operations during Derby Week.

“When you’re hosting one of the greatest sporting spectacles on Earth, speed matters — and not just on the track,” said Mike Wood, Senior IT Director “With Network-as-a-Service technology, we can bring high-capacity, secure connections online in minutes to power everything from media coverage to vendor support and guest Wi-Fi. It’s that kind of behind-the-scenes innovation that ensures Derby Week runs smoothly and delivers unforgettable experiences to fans in the stands and around the globe.”

With more than 385,000 visitors descending on Churchill Downs each year, the digital demands of Derby Week have vastly increased —jumping from 2–3 Gbps on a normal day to nearly 200 Gbps daily. Streaming, seamless mutuel operations, high-definition live broadcasts, mobile point-of-sale transactions, and Wi-Fi access all require network connections with low latency and high reliability – especially when milliseconds matter.

“Churchill Downs is an iconic venue operating in a high-stakes, high-velocity environment,” said Dave Ward, Lumen chief technology and product officer. “By replacing temporary, hardwired circuits with a dynamic, on-demand Network-as-a-Service platform, they’re gaining a self-service, cloud-like network experience that scales to match the pace of the Derby. That’s the future of connectivity—and we’re proud to help bring it to the track.”

With 83 race days annually, Churchill Downs requires year-round high-performance connectivity and by using Lumen NaaS, the team can dynamically scale bandwidth up and down as needed, delivering continuous connectivity for critical operations such as veterinary services, security systems, and mutuel platforms.

Beyond the track and grandstands, Lumen’s network also supports the backside community, home to many equestrians and their families who need schooling, internet, and communication.

Get the full story of how Lumen is powering the Kentucky Derby. Watch the video and read the use case to discover how Network-as-A Service is elevating the experience at Churchill Downs: https://www.lumen.com/en-us/resources/customer-stories/churchill-downs.html

About Lumen Technologies  

Lumen is unleashing the world’s digital potential. We ignite business growth by connecting people, data, and applications – quickly, securely, and effortlessly. As the trusted network for AI, Lumen uses the scale of our network to help companies realize AI’s full potential. From metro connectivity to long-haul data transport to our edge cloud, security, managed service, and digital platform capabilities, we meet our customers’ needs today and as they build for tomorrow. For news and insights visit news.lumen.com, LinkedIn: /lumentechnologies, X: @lumentechco, Facebook: /lumentechnologies, Instagram: @lumentechnologies, and YouTube: /lumentechnologies.  

About The Kentucky Derby

The $5 million Kentucky Derby takes place on the first Saturday in May at historic Churchill Downs in Louisville, Ky. Inaugurated in 1875, the legendary 1 ¼-mile race for 3-year-olds is the longest continually-held major sporting event in the United States and the first leg of horse racing’s Triple Crown series. Also known as The Run for the Roses® and The Most Exciting Two Minutes in Sports®, the Kentucky Derby is the most attended horse race in the nation. The 151st Kentucky Derby will take place on May 3, 2024. For more information, please visit www.KentuckyDerby.com

Tickets for the 151st Kentucky Oaks and Kentucky Derby on May 2-3 are available by visiting www.KentuckyDerby.com and www.DerbyExperiences.com, or call (502) 636-4447 to be a part of the most extraordinary Kentucky Derby yet.

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SOURCE Lumen Technologies

ACNB Corporation Announces Second Quarter Cash Dividend

GETTYSBURG, Pa., April 23, 2025 (GLOBE NEWSWIRE) — ACNB Corporation (NASDAQ: ACNB), financial holding company for ACNB Bank and ACNB Insurance Services, Inc., announced today that the Board of Directors approved and declared a regular quarterly cash dividend of $0.34 per share of ACNB Corporation common stock payable on June 13, 2025, to shareholders of record as of May 30, 2025. This per share amount reflects a 6.25% increase over the $0.32 per share paid in the first quarter of 2025.

“The ACNB Board of Directors’ dividend declaration of $0.34 per share furthers our commitment to delivering shareholder value, and continues ACNB’s longstanding history of rewarding its shareholders with quarterly cash dividends for decades,” said James P. Helt, ACNB Corporation President & Chief Executive Officer. “The Board’s decision to increase the quarterly dividend represents our confidence in ACNB’s financial strength and long-term growth and profitability prospects. Notably, this is the fifth consecutive calendar year in which ACNB has increased the quarterly cash dividend amount. Since 2017, we have increased our quarterly cash dividend by 70%, from $0.20 to $0.34 per share.”
ACNB Corporation, headquartered in Gettysburg, PA, is the independent $3.26 billion financial holding company for the wholly-owned subsidiaries of ACNB Bank, Gettysburg, PA, and ACNB Insurance Services, Inc., Westminster, MD. Originally founded in 1857, ACNB Bank serves its marketplace with banking and wealth management services, including trust and retail brokerage, via a network of 33 community banking offices and one loan office located in the Pennsylvania counties of Adams, Cumberland, Franklin, Lancaster and York and the Maryland counties of Baltimore, Carroll and Frederick. ACNB Insurance Services, Inc. is a full-service insurance agency with licenses in 46 states. The agency offers a broad range of property, casualty, health, life and disability insurance serving personal and commercial clients through office locations in Westminster, MD and Gettysburg, PA. For more information regarding ACNB Corporation and its subsidiaries, please visit investor.acnb.com.

FORWARD-LOOKING STATEMENTS – In addition to historical information, this press release may contain forward-looking statements. Examples of forward-looking statements include, but are not limited to, (a) projections or statements regarding future earnings, expenses, net interest income, other income, earnings or loss per share, asset mix and quality, growth prospects, capital structure, and other financial terms, (b) statements of plans and objectives of Management or the Board of Directors, and (c) statements of assumptions, such as economic conditions in the Corporation’s market areas. Such forward-looking statements can be identified by the use of forward-looking terminology such as “believes”, “expects”, “may”, “intends”, “will”, “should”, “anticipates”, or the negative of any of the foregoing or other variations thereon or comparable terminology, or by discussion of strategy. Forward-looking statements are subject to certain risks and uncertainties such as national, regional and local economic conditions, competitive factors, and regulatory limitations. Actual results may differ materially from those projected in the forward-looking statements. Such risks, uncertainties, and other factors that could cause actual results and experience to differ from those projected include, but are not limited to, the following: short-term and long-term effects of inflation and rising costs on the Corporation, customers and economy; effects of governmental and fiscal policies, as well as legislative and regulatory changes; effects of new laws and regulations (including laws and regulations concerning taxes, banking, securities and insurance) and their application with which the Corporation and its subsidiaries must comply; impacts of the capital and liquidity requirements of the Basel III standards; effects of changes in accounting policies and practices, as may be adopted by the regulatory agencies, as well as the Financial Accounting Standards Board and other accounting standard setters; ineffectiveness of the business strategy due to changes in current or future market conditions; future actions or inactions of the United States government, including the effects of short-term and long-term federal budget and tax negotiations and a failure to increase the government debt limit or a prolonged shutdown of the federal government; effects of economic conditions particularly with regard to the negative impact of any pandemic, epidemic or health-related crisis and the responses thereto on the operations of the Corporation and current customers, specifically the effect of the economy on loan customers’ ability to repay loans; effects of competition, and of changes in laws and regulations on competition, including industry consolidation and development of competing financial products and services; inflation, securities market and monetary fluctuations; risks of changes in interest rates on the level and composition of deposits, loan demand, and the values of loan collateral, securities, and interest rate protection agreements, as well as interest rate risks; difficulties in acquisitions and integrating and operating acquired business operations, including information technology difficulties; challenges in establishing and maintaining operations in new markets; effects of technology changes; effects of general economic conditions and more specifically in the Corporation’s market areas; failure of assumptions underlying the establishment of reserves for loan losses and estimations of values of collateral and various financial assets and liabilities; acts of war or terrorism or geopolitical instability; disruption of credit and equity markets; ability to manage current levels of impaired assets; loss of certain key officers; ability to maintain the value and image of the Corporation’s brand and protect the Corporation’s intellectual property rights; continued relationships with major customers; and, potential impacts to the Corporation from continually evolving cybersecurity and other technological risks and attacks, including additional costs, reputational damage, regulatory penalties, and financial losses. We caution readers not to place undue reliance on these forward-looking statements. They only reflect Management’s analysis as of this date. The Corporation does not revise or update these forward-looking statements to reflect events or changed circumstances. Please carefully review the risk factors described in other documents the Corporation files from time to time with the SEC, including the Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q. Please also carefully review any Current Reports on Form 8-K filed by the Corporation with the SEC.

ACNB #2025-9
April 23, 2025

Contact: Kevin J. Hayes
  SVP/General Counsel,
  Secretary & Chief
  Governance Officer
  717.339.5161
  [email protected]

 



XCHG Limited Files 2024 Annual Report on Form 20-F

HAMBURG, Germany, April 23, 2025 (GLOBE NEWSWIRE) — XCHG Limited (“XCharge” or the “Company”), (NASDAQ: XCH), a global leader in integrated EV charging solutions, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the Securities and Exchange Commission (the “SEC”) on April 23, 2025. The annual report, which contains the Company’s audited consolidated statements, can be accessed on the SEC’s website at https://www.sec.gov and on XCharge’s investor relations website at https://investors.xcharge.com/.

The Company will provide a hard copy of its annual report, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to [email protected] or Investor Relations Department at XCHG Limited, XCharge Europe GmbH, Heselstücken 18, 22453 Hamburg, Germany.

About XCharge

XCharge (NASDAQ: XCH), founded in 2015, is a global leader in integrated EV charging solutions. The company offers comprehensive EV charging solutions, which primarily include DC fast chargers and advanced battery-integrated DC fast chargers as well as their accompanying services. Through the combination of XCharge’s proprietary charging technology, energy storage system technology and accompanying services, the Company enhances EV charging efficiency and unlocks the value of energy storage and management. Committed to providing innovative and efficient EV charging solutions, XCharge is actively working toward establishing a global green future that is critical to long-term growth and development.

For more information, please visit: https://investors.xcharge.com/

For investor and media inquiries, please contact:

XCharge
IR Department
Email: [email protected]

Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
Jenny Cai
Tel: +86 (10) 6508-0677
Email: [email protected]