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Yahoo
10 hours ago
- Business
- Yahoo
Pacer ETFs Announces Fee Reduction on Four Funds
MALVERN, Pa., July 31, 2025--(BUSINESS WIRE)--Pacer ETFs ("Pacer"), the leading U.S. issuer in free cash flow ETFs*, announces the reduction of fees across four of its ETFs effective as of August 1, 2025. The following funds have had their management fees reduced from 0.60% to 0.49%: Pacer Data and Digital Revolution ETF (TRFK): A strategy that aims to offer investors exposure to globally listed stocks and depositary receipts of data and digital revolution companies. Pacer Solactive Whitney Future of Warfare ETF (FOWF): A strategy in the firm's Custom Series that aims to provide capital appreciation over time by tracking companies supporting critical emerging defense technologies in the U.S. and its allied nations. Pacer BlueStar Digital Entertainment ETF (ODDS): Which seeks to offer investors exposure to globally listed companies and depositary receipts that generate the majority of their revenue from online gambling, video game development or eSports. Pacer BlueStar Engineering the Future ETF (BULD): An ETF that aims to offer investors exposure to globally listed companies and depositary receipts that generate at least 50% of their revenues from robotics and manufacturing automation, 3D printing or computer aided design. Performance Data as of 6/30/25 1 Month 3 Month YTD 1 Year 3 Year Since FundInception TRFKInception: 6/8/22 NAV 14.42% 32.40% 16.94% 30.40% 38.45% 32.38% Mkt 14.70% 32.97% 17.10% 30.41% 38.49% 32.51% FOWFInception: 12/17/24 NAV 4.70% 15.94% 20.17% N/A N/A 17.67% Mkt 4.79% 15.92% 20.18% N/A N/A 17.89% ODDSInception: 4/8/22 NAV 10.52% 27.02% 26.33% 47.99% 25.23% 16.83% Mkt 11.55% 27.58% 26.48% 50.45% 25.57% 17.22% BULDInception: 5/4/22 NAV 8.61% 16.01% 7.27% 2.37% 10.39% 3.87% Mkt 9.15% 15.95% 8.18% 2.90% 10.61% 4.06% Source: US Bank. Total expenses for TRFK, FOWF and BULD: 0.60%. Total expenses for ODDS: 0.62% Estimated for the current fiscal year. The total expenses include 0.60% Management Fees and 0.02% Acquired Fund Fees and Expenses. Acquired Fund Fees and Expenses("AFFE") are the indirect costs of investing in other investment companies. Performance quoted represents past performance and does not guarantee future results. Investment return and principal value will fluctuate, so shares may be worth more or less when redeemed or sold. Current performance may be lower or higher than the performance quoted. Visit for the most recent month-end performance. Index returns are for illustrative purposes only. Index performance does not reflect any management fees, transaction costs or expenses. You cannot invest directly in an index. NAV (net asset value) is the value of one share of the Fund calculated daily. The NAV return is based on the NAV of the Fund. It may not reflect the actual return for the investor. Market Price (Mkt) is the price investors can buy and sell ETF shares for in the stock market and is used to calculate market return. It is based on the price at the listed exchange market close. "As investors and advisors continue to find value in our strategy-driven, thematic-based ETFs, lowering fees on these innovative strategies reflects our dedication to making them even more accessible," says Sean O'Hara President of Pacer ETFs. *Source: Bloomberg. Number one in net flows across free cash flow-based ETFs in the U.S. from 12/31/23-12/31/24. About Pacer ETFs Pacer ETFs is a strategy-driven exchange-traded fund provider with 55 ETFs and over $40 billion in assets under management (as of 6/30/2025). Pacer ETFs is focused on addressing investors' needs through its multiple fund families including, the Pacer Trendpilot® Series, Pacer Cash Cows ETF™ Series, Pacer Custom ETF Series, Pacer Leaders ETF Series, Pacer Factor ETF Series and Pacer Swan SOS ETF Series. Disclosures BEFORE INVESTING YOU SHOULD CAREFULLY CONSIDER THE FUNDS' INVESTMENT OBJECTIVES, RISKS, CHARGES, AND EXPENSES. THIS AND OTHER INFORMATION IS IN THE PROSPECTUS. A COPY MAY BE OBTAINED BY VISITING OR CALLING 1-877-337-0500. PLEASE READ THE PROSPECTUS CAREFULLY BEFORE INVESTING. An investment in the Funds is subject to investment risk, including the possible loss of principal. Pacer ETF shares may be bought and sold on an exchange through a brokerage account. Brokerage commissions and ETF expenses will reduce investment returns. There can be no assurance that an active trading market for ETF shares will be developed or maintained. The risks associated with this fund are detailed in the prospectus and could include factors such as aerospace and defense industry risk, artificial intelligence companies risk, associated risks of data and digital revolution companies, biotechnology company risk, calculation methodology risk, concentration in digital entertainment companies risk, concentration in robotics and 3D printing companies risk, currency exchange rate risk, depositary receipt risk, emerging technologies risk, equity market risk, ETF risks, foreign securities risk, geographic concentration risk, index provider risk, international operations risk, large capitalization investing risk, limited operating history or new fund risk, market capitalization risk, non-diversification risk, other investment companies risk, passive investment risk, quantum computing and machine learning investment risk, sector risk, tracking error risk, and/or special risks of exchange-traded funds. © 2025, Pacer Financial, Inc., All rights reserved. NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEEDDistributor: Pacer Financial, Inc., member FINRA, SIPC, an affiliate of Pacer Advisors, Inc. View source version on Contacts Media Contact:Trevor DavisGregory FCA for Pacer ETFs215-475-5931trevor@ Company Contact:Ashlee Thomson for Pacer Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
14 hours ago
- Business
- Yahoo
AM Best Affirms Credit Ratings of The Hanover Insurance Group, Inc. and Its Subsidiaries
OLDWICK, N.J., July 31, 2025--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "a+" (Excellent) of the property/casualty subsidiaries of The Hanover Insurance Group, Inc. [NYSE: THG], which are collectively referred to as The Hanover. Additionally, AM Best has affirmed the Long-Term ICR of "bbb+" (Good) and all Long-Term Issue Credit Ratings (Long-Term IR) of The Hanover Insurance Group, Inc., which is the parent holding company. The outlook of these Credit Ratings (ratings) is stable. All companies are headquartered in Worcester, MA. (See below for a detailed listing of the companies and ratings.) The ratings reflect The Hanover's balance sheet strength, which AM Best assesses at the strongest level, as well as its adequate operating performance, favorable business profile and appropriate enterprise risk management (ERM). The Hanover's balance sheet strength assessment is supported by its risk-adjusted capitalization, which is at the strongest level, as measured by Best's Capital Adequacy Ratio (BCAR). The overall balance sheet strength assessment also considers the solid organic surplus growth over the recent five-year period despite ongoing stockholder dividends, as well as the group's stable loss reserve position and favorable development patterns. Balance sheet strength also reflects the comprehensive reinsurance program and the benefits derived from the additional financial flexibility available through the parent company, The Hanover Insurance Group, Inc. These positive factors are offset somewhat by higher premium and underwriting leverage measures, as well as the group's regional exposure to natural catastrophe and terror events. The Hanover's financial leverage remains within acceptable levels relative to the group's current ratings with improved interest coverage. The Hanover's ratings reflect its adequate operating performance. While pre-tax operating earnings have trailed the commercial casualty composite over the long term, improved operating performance in 2024 reflects ongoing initiatives to enhance results inclusive of additional rate, combined with a reduction in reported catastrophe losses relative to 2023. Rate and exposure increases drove strong top-line growth in commercial lines in 2024 as results benefited from lower catastrophe losses combined with favorable reserve development on prior-year losses. The decline in catastrophe losses in 2024 led to improvement in personal lines results, which benefit from ongoing exposure management initiatives, combined with the benefit of earned premium reflective of ongoing rate improvement. Recent 2024 initiatives, which are showing demonstrated earnings improvement include ongoing rate actions, in combination with higher insurance-to-value ratios, increases in deductibles for roofs and all perils, as well as selective non renewals where appropriate. The ratings also consider the group's favorable business profile and diversified product offerings, especially within its commercial and specialty lines of business. The Hanover's business profile assessment reflects its strong market position, reflective of its leading position in many of its targeted niche segments, as well as an experienced management team. The group's product range includes personal lines, core commercial offerings and specialty coverages, with business expansion supported by strong relationships with its independent agency partners. The Hanover has implemented an appropriately designed and embedded ERM program to address the organization's risks. The group's ERM program is appropriate for the scale, scope, and complexity of the organization and the ability to monitor key risks and tolerances is well-established. The FSR of A (Excellent) and the Long-Term ICRs of "a+" (Excellent) have been affirmed with stable outlooks for the following subsidiaries of The Hanover Insurance Group, Inc.: AIX Specialty Insurance Company Allmerica Financial Alliance Insurance Company Allmerica Financial Benefit Insurance Company Campmed Casualty & Indemnity Company, Inc. Citizens Insurance Company of America Citizens Insurance Company of Ohio Citizens Insurance Company of the Midwest Citizens Insurance Company of Illinois The Hanover American Insurance Company The Hanover Atlantic Insurance Company Ltd. The Hanover Insurance Company The Hanover Casualty Company (formerly known as Hanover Lloyd's Insurance Company) Massachusetts Bay Insurance Company NOVA Casualty Company Verlan Fire Insurance Company The following Long-Term IRs have been affirmed with a stable outlook: The Hanover Insurance Group, Inc.— -- "bbb+" (Good) on $199.5 million 7.625% senior unsecured debentures, due 2025 (of which $61.8 million remains outstanding)-- "bbb+" (Good) on $375.0 million 4.5% senior unsecured fixed rate notes, due 2026-- "bbb-" (Good) on $165.7 million 8.207% subordinated deferrable debentures, due 2027 (of which $50.1 million remains outstanding)-- "bbb+" (Good) on $300 million 2.5% senior unsecured notes, due 2030 The following indicative Long-Term IRs under the shelf registration have been affirmed with a stable outlook: The Hanover Insurance Group, Inc.— -- "bbb+" (Good) on senior unsecured debt-- "bbb-" (Good) on subordinated debt-- "bbb-" (Good) on preferred stock This press release relates to Credit Ratings that have been published on AM Best's website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best's Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best's Credit Ratings, Best's Performance Assessments, Best's Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best's Ratings & Assessments. AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit Copyright © 2025 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED. View source version on Contacts Gordon McLean Senior Financial Analyst +1 908 882 2109 Rosemarie Mirabella Director +1 908 882 2125 Christopher Sharkey Associate Director, Public Relations +1 908 882 2310 Al Slavin Senior Public Relations Specialist +1 908 882 2318 Error in retrieving data Sign in to access your portfolio Error in retrieving data
Associated Press
14 hours ago
- Business
- Associated Press
Significant R&D Investments Propel Growth, Declining Sequencing Costs Boost Accessibility and Adoption
DUBLIN--(BUSINESS WIRE)--Jul 31, 2025-- The 'Clinical Next Generation Sequencing (NGS) Market Size, Growth, Share, Trends and Forecasts 2025-2032" report has been added to offering. The global clinical next generation sequencing (NGS) market size was valued at USD 6.2 billion in 2024 and is projected to surpass around USD 15.2 billion by 2032, registering a CAGR of 13.6% over the forecast period of 2025 to 2032. Next Generation Sequencing (NGS) has revolutionized the field of genomics, providing unprecedented access to genetic information. This technological advancement facilitates the rapid sequencing of DNA and RNA, enabling a better understanding of various diseases, including cancer and genetic disorders. The global clinical NGS market is experiencing significant growth due to several driving factors. One of the primary drivers of the market is the increasing demand for personalized medicine. As healthcare shifts towards precision interventions, NGS plays a crucial role in tailoring treatments to individual patients based on their genetic profiles. Furthermore, the declining costs associated with sequencing technologies make NGS more accessible to various healthcare facilities, thus expanding its adoption. Significant investments in research and development are also stimulating growth in the global clinical NGS market. Governments and private entities are funneling resources into genomics research, which inevitably leads to innovative NGS applications. Additionally, the urgency to advance diagnostic capabilities to combat infectious diseases has further propelled the demand for NGS solutions. Global Clinical Next Generation Sequencing (NGS) Market Synopsis This new market report presents an in-depth assessment of the global clinical next generation sequencing (NGS) market dynamics, opportunities, future road map, competitive landscape and discusses major trends. The report offers the most up-to-date industry data on the actual market situation and future outlook in the global clinical next generation sequencing (NGS) market. The report also provides up-to-date historical market size data for the period 2023-2024 and an illustrative forecast to 2032 covering key market aspects like market value, share, analysis, and trends for the global clinical next generation sequencing (NGS) market. The report provides a detailed analysis of the current industry situation and market requirements, highlighting facts about the market size, market share, revenue for global clinical next generation sequencing (NGS) market segments, and a vivid forecast to 2032. It also provides a comprehensive analysis of the pricing landscape, policies and regulation, and reimbursement pattern by countries and therapy. The report also offers analysis and information according to categories such as market segments, application, technology, geographies, companies and competitive landscape. The report also provides a detailed description of the porter's five forces analysis, SWOT analysis, funding, merger and acquisitions, pipeline, growth drivers and challenges of the global clinical next generation sequencing (NGS) market. The report concludes with the profiles of major market players in the global clinical next generation sequencing (NGS) market. The key market players are evaluated on various parameters such as company overview, technology focus, main competitive advantage, and company initiatives/news of the global clinical next generation sequencing (NGS) market. The report will serve as a source for a 360-degree analysis in which various models will be thoroughly integrated. After a thorough study of the historical and current growth parameters, the growth prospects of the global clinical next generation sequencing (NGS) market are determined with utmost precision. Key Features of the Report Key Questions the Report Addresses List of Key Players in the Global Clinical Next Generation Sequencing (NGS) Market Global Clinical Next Generation Sequencing (NGS) Market: Segmentation Market Segment by Product Type Market Segment by Workflow Market Segment by Application Market Segment by Region For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. View source version on CONTACT: Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 KEYWORD: INDUSTRY KEYWORD: ONCOLOGY HEALTH GENETICS GENERAL HEALTH RESEARCH SCIENCE BIOTECHNOLOGY SOURCE: Research and Markets Copyright Business Wire 2025. PUB: 07/31/2025 11:27 AM/DISC: 07/31/2025 11:28 AM
Yahoo
15 hours ago
- Business
- Yahoo
Staples and Verizon Partnership Expands to 35 Staples Stores This Summer
Customers can now access Verizon's internet, phone and tech services directly inside select Staples stores FRAMINGHAM, Mass., July 31, 2025--(BUSINESS WIRE)--Staples and Verizon announced today the expansion of their strategic partnership, with Verizon kiosks now to be available in 35 Staples stores across key markets this summer. This collaboration combines the power of Verizon's connectivity solutions with Staples' trusted business services to deliver a seamless, all-in-one destination for small businesses and everyday consumers. The rollout marks the beginning of a broader effort to bring even more wireless and tech services to Staples customers this year. At participating Staples locations, customers can: Upgrade phones and devices with the latest from Apple®, Google™, Samsung® and more Set up fast, reliable internet for home or business Explore connected devices like smartwatches and tablets Benefit from a free tech consultation, gaining access to Verizon Business' unique scale of business solutions, even if they are not a Verizon Business customer Earn $100 back in Easy Rewards points with the purchase and activation of any Verizon device (for a limited time)1 The partnership reflects a shared commitment to supporting the evolving needs of businesses of all sizes and everyday consumers. Verizon's suite of business-grade solutions, including 5G Business Internet and One Talk, a mobile-first communication platform that keeps teams connected on the go, is now conveniently available in select Staples stores. "At Staples, we're focused on bringing in the right partners to deliver even more value to our customers and this collaboration with Verizon does exactly that," said Marshall Warkentin, President, Staples U.S. Retail. "Together, we're making essential wireless services more accessible for small businesses and everyday shoppers in the communities we serve." "Partnering with Staples allows us to meet customers where they are — whether they're shopping for their business, their family, or themselves," said Mark Tina, Channel Chief and Vice President of Indirect Partner Sales for Verizon Business. "We're excited to expand access to our best-in-class network and innovative business solutions in a trusted retail environment that supports the needs of both small business owners and shoppers, allowing us to remain true to our promise that customers can always expect more from us." This partnership is part of Staples' broader effort to transform its retail footprint into destinations that offer more than just products. Customers visiting select stores will not only have access to Verizon's services, but also to Staples' full suite of tech solutions, printing and shipping services, as well as workplace essentials, including PCs, monitors, noise-canceling headphones, gaming consoles and other accessories that support their full range of tech needs, all in one place. Verizon services will be opening on a rolling basis across select Staples locations mid-July through mid-August. Additional locations are expected to launch later in 2025. To find a participating Staples store, visit Participating Locations: ArizonaGilbert, Chandler, Queen Creek, Mesa, Scottsdale, Phoenix (West Happy Valley Rd, West Peoria Ave, East Camelback Rd, West Osborn Rd) Peoria, Goodyear, Yuma DelawareRehoboth IdahoBoise MassachusettsMansfield, Pembroke, Cambridge, Bellingham, Somerville, Natick, Danvers, Needham MaineBiddeford, Portland New HampshireSeabrook, Newington New JerseyTom's River PennsylvaniaPottstown, Wayne, Springfield, Telford, Doylestown, Newtown, Bensalem, Philadelphia About StaplesFor nearly 40 years, Staples has been a trusted leader in workplace and classroom solutions, serving millions of customers from small businesses and entrepreneurs to remote workers, parents, teachers and students. The company provides a comprehensive portfolio of products and convenient services, including print, travel, tech, shipping and recycling, all supported by a dedicated team of experts committed to making your day easier. With its Easy Rewards program, Staples also helps customers earn points every time they shop. Staples also offers fast, reliable delivery options, with next-day service available to over 98% of the U.S. on qualifying orders. Headquartered near Boston, Massachusetts, Staples operates throughout North America via e-commerce and more than 900 retail stores. To learn more, visit your local U.S. Staples® store, download the Staples app, explore or follow @Staples on social media. About VerizonVerizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generated revenues of $134.8 billion in 2024. Verizon's world-class team never stops innovating to meet customers where they are today and equip them for the needs of tomorrow. For more, visit or find a retail location at 1 Valid on Verizon kiosk purchases made in Staples® U.S. stores only. Offer available to Staples Easy Rewards™ member only. Limit 1 per member. To be eligible for the offer, Easy Rewards member must provide membership number to Verizon associate at checkout. Earned points may take up to 21 days to appear in member's account. Offer may not be combined with any other Staples Easy Rewards promotion in a single transaction. Not valid on prior purchases or purchases made with Staples Advantage In-Store Purchase Program. Offer is subject to change or cancellation at any time. Staples Easy Rewards program terms and conditions apply. For full program details visit Limited time. Conditions apply. Details in-store. View source version on Contacts publicrelations@
Yahoo
18 hours ago
- Business
- Yahoo
WNS Recognized as a Leader in Procurement Transformation by NelsonHall
NEW YORK & LONDON & MUMBAI, India, July 31, 2025--(BUSINESS WIRE)--WNS (Holdings) Limited (NYSE: WNS), a digital-led business transformation and services company, today announced that WNS Procurement has been recognized as a 'Leader' in NelsonHall NEAT's 2025 Procurement Transformation evaluation. According to NelsonHall, WNS Procurement specializes in transforming procurement functions and operating models to create integrated procurement ecosystems for its clients. The company was cited for its extensive knowledge across numerous indirect spend categories, ability to integrate procurement solutions with Finance & Accounting operations, and a strong client-centric and flexible approach to 'co-creating' custom solutions. The report also highlights WNS Procurement's capabilities and ongoing investments in AI-powered tools, platforms, and digital solutions. 'Leaders' in NelsonHall's NEAT methodology are characterized as having a combination of high capability to deliver immediate benefit and meet future requirements for clients relative to peers. Critical success factors included industry experience, change management capabilities, maturity of tools and digital accelerators. "This recognition is further validation of WNS' ability to deliver truly transformative procurement services that go beyond mere cost optimization to become critical tools of growth. We are focused on enhancing our offerings by increasingly integrating AI and advanced analytics into our offerings to enable real-time insights for facilitating better sourcing decisions and improved client outcomes," said Keshav R. Murugesh, Group CEO, WNS. "WNS Procurement is transforming procurement by combining advisory capabilities, category expertise, and Gen AI-powered platforms to drive tangible business outcomes. With recent acquisitions, a sharp focus on upstream procurement, consulting-led engagements, and its digital suites, WNS is well-positioned as a leader in procurement transformation with a strong appetite for growth," said Vaibhav Wardhan, Principal Analyst, NelsonHall. WNS' Procurement Transformation services include sourcing, category management, sourcing support, and downstream procurement services. Its offerings are aligned across industry verticals and cover media, retail, CPG, manufacturing, insurance, healthcare, travel and hospitality, utilities and energy, banking and financial services, shipping and logistics, and hi-tech and knowledge services. WNS Procurement combines the power of WNS with our acquisitions of Denali, The SmartCube, and Optibuy to deliver domain-centric, digitally-led end-to-end procurement services and solutions. About NelsonHall NelsonHall is the leading global analyst firm dedicated to helping organizations understand the 'art of the possible' in digital operations transformation. With analysts in the U.S., Europe, and India, NelsonHall provides buy-side organizations with detailed, critical information on markets and vendors (including NEAT assessments) that helps them make fast and highly informed sourcing decisions. And for vendors, NelsonHall provides deep knowledge of market dynamics and user requirements to help them hone their go-to-market strategies. NelsonHall's analysis is based on rigorous, primary research, and is widely respected for the quality and depth of its insight. About WNS WNS (Holdings) Limited (NYSE: WNS) is a digital-led business transformation and services company. WNS combines deep domain expertise with talent, technology, and AI to co-create innovative solutions for over 700 clients across various industries. WNS delivers an entire spectrum of solutions including industry-specific offerings, customer experience services, finance and accounting, human resources, procurement, and research and analytics to re-imagine the digital future of businesses. As of June 30, 2025, WNS had 66,085 professionals across 65 delivery centers worldwide including facilities in Canada, China, Costa Rica, India, Malaysia, the Philippines, Poland, Romania, South Africa, Sri Lanka, Turkey, the United Kingdom, and the United States. For more information, visit or follow us on Facebook, Twitter, LinkedIn, and Instagram. Safe Harbor Provision This document includes information which may constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the accuracy of which are necessarily subject to risks, uncertainties, and assumptions as to future events. Factors that could cause actual results to differ materially from those expressed or implied are discussed in our most recent Form 10-K and other filings with the Securities and Exchange Commission. WNS undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. View source version on Contacts Investors: David Mackey EVP–Finance & Head of Investor RelationsWNS (Holdings) Limited+1 (646) Media: Archana Raghuram EVP & Global Head–Marketing & CommunicationsWNS (Holdings) Limited+91 (22) 4095 pr@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
