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KBRA Releases Research – CMBS Loan Performance Trends: April 2025

Lastest from Businesswire - Mon, 04/28/2025 - 14:23
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases a report on U.S. commercial mortgage-backed securities (CMBS) loan performance trends observed in the April 2025 servicer reporting period. The delinquency rate among KBRA-rated U.S. private label CMBS in April increased to 7.1% from 6.8% in March. The total delinquent plus current but specially serviced loan rate (collectively, the distress rate) increased 25 basis points (bps) to 10%. Other than the industrial sector, all major property types continue

Comvest Credit Partners Leads Debt Financing to Wheeler Fleet Solutions to Fund its Acquisition by One Equity Partners

Lastest from Businesswire - Mon, 04/28/2025 - 14:23
WEST PALM BEACH, Fla.--(BUSINESS WIRE)-- #comvest--Comvest Credit Partners, a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent and is the sole lender on a senior secured credit facility (the “Financing”) for Wheeler Fleet Solutions (“Wheeler” or the “Company”), a leading aftermarket truck parts distribution company based in Somerset, Pa. The Financing supported the acquisition of the Company from VSE Corpor

Broward Health’s S&P Global Ratings Jumps Two Notches Upgrading Bond Rating to 'A+'

Lastest from Businesswire - Mon, 04/28/2025 - 14:23
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Broward Health is pleased to announce that S&P Global Ratings has upgraded its long-term rating on Broward Health’s 2017B revenue bonds from 'A-' to 'A+'. Jumping two ratings at S&P is a rare achievement, particularly in today’s healthcare economic landscape, and underscores significant improvements in Broward Health’s financial stability and operational performance. The outlook remains stable. “The upgrade reflects the S&P Global Ratings’ vie

Rosen Law Firm Urges NAPCO Security Technologies, Inc. (NASDAQ: NSSC) Stockholders With Large Losses to Contact the Firm for Information About Their Rights

Lastest from Businesswire - Mon, 04/28/2025 - 14:23
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces that a shareholder filed a class action on behalf of purchasers of NAPCO Security Technologies, Inc. (NASDAQ: NSSC) securities between February 5, 2024 and February 3, 2025, both dates inclusive (the “Class Period”). NAPCO develops, manufactures, and sells security devices and provides cellular communication services for intrusion and fire alarm systems. For more information, submit a form, email attorney Ph

Nacha and the U.S. Faster Payments Council: 161 Accredited Faster Payment Professionals (AFPPs) Pass Inaugural Exam

Lastest from Businesswire - Mon, 04/28/2025 - 14:23
NEW ORLEANS--(BUSINESS WIRE)--Today, Nacha and the U.S. Faster Payments Council announced that 161 payments professionals successfully passed the inaugural Accredited Faster Payment Professional (AFPP) exam, marking an important milestone in demonstrating expertise and commitment within the faster payments ecosystem. The AFPP accreditation, developed as a collaboration between Nacha and the U.S. Faster Payments Council (FPC), with assistance from Payments Associations and other leading payments

Jumio Recognized for Cutting Edge Fraud Prevention in 13th Annual Global InfoSec Awards

Lastest from Businesswire - Mon, 04/28/2025 - 14:23
SUNNYVALE, Calif.--(BUSINESS WIRE)--Jumio, the leading provider of automated, AI-driven biometric identity verification, risk signals and compliance solutions, today announced its recognition as a Cutting Edge Fraud Prevention Solution by Cyber Defense Magazine as part of the 13th annual Global InfoSec Awards. Jumio was recognized for its innovative approach to identity verification and fraud prevention at a time when sophisticated AI-driven cyber threats are accelerating. The Jumio Platform co

RDUS Investors Have the Opportunity to Join Investigation of Radius Recycling, Inc. with the Schall Law Firm

Lastest from Businesswire - Mon, 04/28/2025 - 14:23
LOS ANGELES--(BUSINESS WIRE)--RDUS Investors Have the Opportunity to Join Investigation of Radius Recycling, Inc. with the Schall Law Firm

Lawdragon Names Rusty Hardin Among Nation’s Most Prominent Managing Partners

Lastest from Businesswire - Mon, 04/28/2025 - 14:23
HOUSTON--(BUSINESS WIRE)--Acclaimed trial lawyer Rusty Hardin has been named among the nation’s most prominent managing partners in Lawdragon’s 2025 100 Managing Partners You Need to Know guide. Lawdragon says the global list, which highlights Mr. Hardin’s leadership and his continued impact on the legal profession, recognizes “the most admired figures in law firm leadership.” “For nearly 30 years, we have built this firm with a commitment to integrity, hard work, and outstanding advocacy,” sai

Mastercard Unveils End-to-End Capabilities to Power Stablecoin Transactions – From Wallets to Checkouts

Lastest from Businesswire - Mon, 04/28/2025 - 14:23
PURCHASE, N.Y.--(BUSINESS WIRE)--Mastercard is advancing the future of payments, finance and technology with new, global end-to-end stablecoin acceptance and payments capabilities. With increasing global regulatory clarity, stablecoins are evolving from crypto trading tools to essential solutions that bring efficiency and programmability to payments, disbursements, and remittances. Harnessing this potential, Mastercard is ensuring that people and businesses can make and receive stablecoin payme

treXis Launches X Banking™: A Next-Gen Digital Banking Platform Built for Control, Speed, and Scalability

Lastest from Businesswire - Mon, 04/28/2025 - 14:23
ATLANTA--(BUSINESS WIRE)--treXis, a leader in digital banking solutions, announced the launch of X Banking™, a transformative, license-free platform built to help financial institutions modernize legacy systems, unify fragmented architecture, own their data, and take control of their digital future. Engineered to exceed the regulatory demands of Super Regional and National Banks, X Banking™ delivers immediate value, without licensing fees or restrictive vendor lock-ins. As banks face increasing

CAR Investors Have Opportunity to Lead Avis Budget Group, Inc. Securities Fraud Lawsuit with the Schall Law Firm

Lastest from Businesswire - Mon, 04/28/2025 - 14:23
LOS ANGELES--(BUSINESS WIRE)--CAR Investors Have Opportunity to Lead Avis Budget Group, Inc. Securities Fraud Lawsuit with the Schall Law Firm

Perficient Receives Two Awards for Exceptional Customer Excellence

Lastest from Businesswire - Mon, 04/28/2025 - 14:23
ST. LOUIS--(BUSINESS WIRE)--Perficient receives two awards for customer excellence, highlighting its commitment to delivering exceptional digital experiences to its clients.

Rosen Law Firm Urges Avis Budget Group, Inc. (NASDAQ: CAR) Stockholders with Losses in Excess of $100K to Contact the Firm for Information About Their Rights

Lastest from Businesswire - Mon, 04/28/2025 - 14:23
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces that a shareholder filed a class action on behalf of purchasers of securities of Avis Budget Group, Inc. (NASDAQ: CAR) between February 16, 2024 and February 10, 2025. Avis Budget describes itself as a company that “provides car and truck rentals, car sharing, and ancillary products and services to businesses and consumers in the Americas, Europe, the Middle East and Africa, Asia, and Australasia.” For more

JAB Announces Retirement of Peter Harf

Lastest from Businesswire - Mon, 04/28/2025 - 11:23
LUXEMBOURG--(BUSINESS WIRE)--JAB today announced that Peter Harf, 78, has decided to retire after a distinguished career, including more than 40 years at JAB. He will remain fully invested in the firm and will also continue to serve as Chairman of the Board and Managing Director of Alfred Landecker Foundation, a non-profit organization founded by the Reimann family. “Peter is the visionary founder of JAB. He transformed Benckiser, a medium-sized chemical and industrial manufacturing company bas

Ameriprise Financial Named a Top Performer™ in Hearts & Wallets Customer Satisfaction Survey for the Seventh Time

Lastest from Businesswire - Mon, 04/28/2025 - 11:23
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial (NYSE: AMP) today announced that it received high recognition in the 2025 Wants & Pricing Report based on the annual customer satisfaction survey conducted by Hearts & Wallets, an independent research and benchmarking firm that specializes in financial advice. Clients responding to the survey named Ameriprise a Top Performer™ for being a company that “understands me and shares my values”. This is the seventh year Ameriprise earned high

SCHONBUCH HALLISSY LLP Celebrates One-Year Anniversary As Pre-Eminent Civil Defense Trial Firm

Lastest from Businesswire - Mon, 04/28/2025 - 11:23
LOS ANGELES--(BUSINESS WIRE)--Schonbuch Hallissy LLP, pre-eminent trial lawyers firm, celebrates one-year anniversary. Attorneys reflect on landmark victories during first year.

New York Life Investments Funds Win 2025 LSEG Lipper Fund Awards

Lastest from Businesswire - Mon, 04/28/2025 - 11:23
NEW YORK--(BUSINESS WIRE)--New York Life Investments (“NYLI”) today announced that the NYLI CBRE Global Infrastructure Fund (VCRIX) and NYLI MacKay Short Duration High Income Fund (MDHIX) have been recognized with a 2025 LSEG Lipper United States Fund Award. The LSEG Lipper Fund Awards, which are granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The funds were recognized in the following c

NetFoundry Adds $12 Million Investment to Reinvent Secure Networking

Lastest from Businesswire - Mon, 04/28/2025 - 11:23
CHARLOTTE, N.C.--(BUSINESS WIRE)--NetFoundry, the secure-by-design networking leader, today announced an investment of $12 million. While this is the first injection of venture capital into NetFoundry, the company already services eight of the top ten US banks and critical infrastructure on three continents. NetFoundry is the first company to bring military-grade security to networking, while simplifying operations by replacing infrastructure dependencies and day two bolt-ons with a secure-by-d

Shareholder Alert: The Ademi Firm Investigates Whether SpringWorks Therapeutics, Inc. Is Obtaining a Fair Price for Its Public Shareholders

Lastest from Businesswire - Mon, 04/28/2025 - 11:23
MILWAUKEE--(BUSINESS WIRE)--The Ademi Firm is investigating SpringWorks (Nasdaq: SWTX) for possible breaches of fiduciary duty and other violations of law in its transaction with Merck. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, shareholders of SpringWorks will receive only $47 per share in cash, which represents an equity value of

Fly Alliance and Thrive Aviation Announce Luxury on Demand: The Citation Reserve Jet Card

Lastest from Businesswire - Mon, 04/28/2025 - 11:23
ORLANDO, Fla.--(BUSINESS WIRE)--FLY ALLIANCE AND THRIVE AVIATION ANNOUNCE LUXURY ON DEMAND: THE CITATION RESERVE JET CARD

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