Economy - Finance > Security

Insurtech Slide, Led by Former Heritage CEO, Raises $100 Million

15 days ago   |   By A.M. Best

Insurtech Slide Insurance Holdings Inc. has raised $100 million in a Series A round, according to a U.S. Securities and Exchange Commission filing.
Former Heritage Insurance Holdings Inc. Chief ...
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Tripling Bicycle Use Would Pump $6.5 Billion Into London's Economy Each Year, Says Report

15 days ago   |   By Forbes

A Bicycle Association commissioned report states that cycling in the U.K. capital could be helped to grow from a current 2% of all journeys to 14% within eight years.
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PwC Reports Average Daily Rate Expected to Drive RevPAR for U.S. Hotels in 2022 to 93% of 2019 Levels

PwC Reports Average Daily Rate Expected to Drive RevPAR for U.S. Hotels in 2022 to 93% of 2019 Levels

15 days ago   |   By Hotel News Resource

In 2022, as previously forecasted, we continue to expect the vast majority of temporarily-closed hotels will have reopened and demand growth (particularly from individual business travelers and groups) will improve if infection rates continue to drop.
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More U.S. States Close in on 2019 RevPAR, Stalled States Holding Back U.S. Average - STR

15 days ago   |   By Hotel News Resource

A total of 24 states recently outperformed their 2019 comparable period RevPAR, up from 18 states last month. The number of states with near misses also increased, growing to 40 states from 37 during the previous update.
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Macquarie Initiates Coverage on Pinduoduo

Macquarie Initiates Coverage on Pinduoduo

Investment analysts at Macquarie began coverage on shares of Pinduoduo in a research note issued to investors on Tuesday, The Fly reports. The firm set an “outperform” rating... Read more ...

Analysts Expect AMERISAFE, Inc. Will Announce Earnings of $0.86 Per Share

Analysts Expect AMERISAFE, Inc. Will Announce Earnings of $0.86 Per Share

Analysts expect AMERISAFE, Inc. to post earnings of $0.86 per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates... Read more ...

Mambu nabs $266M at a $5.5B valuation to double down on embedded financial...

Embedded finance - where companies tap into APIs to integrate banking and other financial tools without having to build everything themselves from the ground up - has been one... Read more ...

Schnitzer Steel Industries Shares Gap Up to $47.14

Schnitzer Steel Industries Shares Gap Up to $47.14

Schnitzer Steel Industries, Inc. 's stock price gapped up before the market opened on Tuesday. The stock had previously closed at $47.14, but opened at $50.98. Schnitzer Steel... Read more ...

Algoma Steel Group versus Tenaris Critical Analysis

Algoma Steel Group versus Tenaris Critical Analysis

Tenaris and Algoma Steel Group are both industrial products companies, but which is the superior investment? We will compare the two companies based on the strength of their... Read more ...

Ukraine spa town stands out amid nation's vaccine hesitancy

MORSHYN, Ukraine - A small spa town in western Ukraine is standing out in a European country where only 29% of the people have received COVID-19 vaccine shots, and locals... Read more ...

Flywire Rating Increased to Buy at Zacks Investment Research

Flywire Rating Increased to Buy at Zacks Investment Research

Flywire was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Tuesday, Zacks.com reports. The... Read more ...

Anthony Scaramucci says he sees inflation as transitory, not a long-term problem

Inflation pressures in the economy today are temporary and are not long-term problems, according to hedge fund investor Anthony Scaramucci. Read more ...

Pleo picks up $200M at a $4.7B valuation to build the next generation of...

Danish startup Pleo , a developer of expense management tools aimed at SMBs to let them issue company cards and better manage how employees spend money, has picked up a large... Read more ...

Robotic Research raises $228M Series A to build out commercial autonomous...

Robotic Research, a self-driving technology company that has spent the last two decades developing on and off-road autonomous vehicles for the Department of Defense, raised a... Read more ...