Feed aggregator

BOSTON & OSAKA, Japan--(BUSINESS WIRE)--Pahr Therapeutics raises $14 million seed financing to pursue innovative treatments for Pulmonary Arterial Hypertension

ATLANTA--(BUSINESS WIRE)--CoastalSouth Bancshares, Inc. (NYSE: COSO) reported net income of approximately $6.0 million for the second quarter of 2025.

HOUSTON & CHARLOTTE, N.C.--(BUSINESS WIRE)--FIC, an investment firm with a focus on critical infrastructure assets across the energy and power use value chains, has closed on a GP-led secondary transaction for a portion of its existing equity interest in the Matterhorn Express Pipeline (Matterhorn). Matterhorn is a strategically positioned natural gas pipeline with a capacity of 2.5 billion cubic feet per day (Bcf/d), linking the Permian Basin to essential demand centers across Texas and the Gu

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Charter Communications, Inc. (“Charter” or the “Company”) (NASDAQ: CHTR) investors concerning the Company’s possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON CHARTER COMMUNICATIONS, INC. (CHTR), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. What

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA announces the assignment of preliminary ratings to eight classes of AHPT 2025-ATRM, a CMBS single-borrower securitization. The collateral for the transaction is a $653.0 million floating rate, interest-only mortgage loan. The loan is expected to have an initial two-year term with three, one-year extension options and require monthly interest-only payments. The loan will be secured by the borrowers’ fee simple and leasehold interests in 14 hotels located in 11 sta

LOS ANGELES--(BUSINESS WIRE)--LMT CLASS ACTION NOTICE: The Law Offices of Frank R. Cruz Files Securities Fraud Lawsuit Against Lockheed Martin Corporation

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), announces that it has filed a class action lawsuit in the United States District Court for the Southern District of New York, captioned Khan v. Lockheed Martin Corporation, et al., Case No. 1:25-cv-06197, on behalf of persons and entities that purchased or otherwise acquired Lockheed Martin Corporation (“Lockheed Martin” or the “Company”) (NYSE: LMT) securities between January 23, 2024 and July 21, 2025, inclusive (the “Clas

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to Series 2025-2 (Metronet 2025-2, or the Series 2025-2 Notes) from Metronet Infrastructure Issuer, LLC (the Issuer), a communications infrastructure securitization (CIS) that is primarily collateralized by fiber-to-the-premises (FTTP) networks and related contracts. Metronet 2025-2 represents Metronet System Holdings, LLC’s (MetroNet’s or the Company’s) second KBRA-rated securitization following the establishment of the master trust i

NEW YORK--(BUSINESS WIRE)-- #CLOBSL--Anthelion Capital, a technology-enabled asset manager, today announced the successful closing of Anthelion CLO 2025-1 Ltd.

LINCOLN, Neb.--(BUSINESS WIRE)--National Research Corporation, dba NRC Health, (NASDAQ:NRC) today announced results for the second quarter 2025. CEO Statement Trent S. Green, Chief Executive Officer of NRC Health, commented: “We’re encouraged by our second-quarter results, which demonstrate continued momentum across key areas of our business. In my early weeks as CEO, I’ve been energized by feedback from both current and prospective customers, particularly their enthusiasm for our product portf

NEW YORK--(BUSINESS WIRE)--Pagaya Technologies Ltd. (NASDAQ: PGY) (“Pagaya” or the “Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the successful closing of its upsized offering of $500 million of 8.875% senior unsecured notes due 2030 (the “notes”). Net proceeds from the offering will be used primarily to refinance the existing higher-cost term loan and other secured borrowings. The transaction marks a significant mile

JASPER, Ind.--(BUSINESS WIRE)--German American Bancorp, Inc. (Nasdaq: GABC) reported strong quarterly earnings of $31.4 million, or $0.84 per share, resulting in the second highest level of reported earnings per share in the Company's history. This level of quarterly earnings represented an increase of $20.9 million, or approximately 180% on a per share basis, from 2025 first quarter earnings of $10.5 million, or $0.30 per share. The first quarter of 2025 was impacted by one-time merger and acq

CHICAGO--(BUSINESS WIRE)--On July 22, 2025, the Board of Directors (the “Board”) of Northern Trust Corporation (the “Corporation”) approved a new common stock repurchase authorization (the “New Stock Repurchase Authorization”) authorizing, but not obligating, the repurchase of up to $2.5 billion (the “Maximum Program Amount”) of the Corporation’s outstanding shares of common stock from time to time. The New Stock Repurchase Authorization replaces the previously announced authorization approved

MIAMI LAKES, Fla.--(BUSINESS WIRE)-- #BranchBanking--BankUnited added to its retail banking team, appointing Michael Mitchell as executive vice president, director of branch banking in Florida and Texas.

MCLEAN, Va.--(BUSINESS WIRE)--Chain Bridge Bancorp, Inc. (NYSE: CBNA) (the “Company”), the holding company for Chain Bridge Bank, N.A. (the “Bank”), today announced financial results for the second quarter of 2025 and the six months ended June 30, 2025. Peter G. Fitzgerald, Chairman of Chain Bridge Bancorp, Inc., commented: “The second quarter began with deposit outflows from political organization accounts, as described in our first quarter earnings release. Deposits then increased by $179.8 m

NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that a fund managed by the Ares Infrastructure Opportunities strategy (the “Ares fund”) and Savion Equity, LLC (“Savion”), a subsidiary of Shell plc, have established Tango Holdings, LLC (“Tango”), a joint venture that will support solar energy development and management in the United States. Founded in 2019, Savion develops large-scale solar and energy

WEST READING, Pa.--(BUSINESS WIRE)---- $CUBI #Banking--CUSTOMERS BANCORP, INC. DECLARES QUARTERLY CASH DIVIDEND ON ITS SERIES F PREFERRED STOCK

FAIRMONT, W.Va.--(BUSINESS WIRE)-- #banking--MVB Financial Corp. today announced financial results for the second quarter of 2025, with reported net income of $2.0 million.

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot, Inc. (NYSE: LDI) (together with its subsidiaries, "loanDepot" or the "Company") today announced that Company Founder and Chairman of the Board Anthony Hsieh has been appointed permanent Chief Executive Officer by its Board of Directors, effective immediately. Hsieh has served as Interim CEO since the departure of Frank Martell on June 4, 2025. “We are fortunate Anthony has agreed to return to the role of CEO,” said loanDepot Board Member and Chair of

HAMILTON, Bermuda--(BUSINESS WIRE)--The Bank of N.T. Butterfield & Son Limited ("Butterfield" or the "Bank") (BSX: NTB.BH; NYSE: NTB) today announced financial results for the quarter ended June 30, 2025. Net income for the second quarter of 2025 was $53.3 million, or $1.25 per diluted common share, compared to net income of $53.8 million, or $1.23 per diluted common share, for the previous quarter and $50.6 million, or $1.09 per diluted common share, for the second quarter of 2024. Core ne