Feed aggregator

Piersica Secures Approximately $1.9 Million U.S. Army Contract to Advance Ultra-High Energy Density Batteries

Lastest from Businesswire - Mon, 07/14/2025 - 15:04
TALLAHASSEE, Fla.--(BUSINESS WIRE)-- #AdvancedMaterials--Piersica announces it secured an Army SBIR Phase II contract worth approximately $1.9M to further develop its ultra-high energy battery solutions.

Directed Capital Closes $90 Million for Eleventh Private Credit Fund; Secures $265 Million in Credit Capacity to Target $600 Million in Acquisitions

Lastest from Businesswire - Mon, 07/14/2025 - 15:04
ST. PETERSBURG, Fla. & SAN DIEGO--(BUSINESS WIRE)--Directed Capital Closes $90 Million for Eleventh Private Credit Fund; Secures $265 Million in Credit Capacity to Target $600 Million in Acquisitions

KBRA Assigns Preliminary Ratings to Reach ABS Trust 2025-2

Lastest from Businesswire - Mon, 07/14/2025 - 15:04
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to four classes of notes issued by Reach ABS Trust 2025-2 (“Reach 2025-2”), an unsecured consumer loan ABS transaction. Credit enhancement consists of overcollateralization, subordination of junior note classes (except for the Class D notes), a cash reserve account funded at closing, and excess spread. This transaction represents Reach Financial, LLC’s (“Reach”, the “Servicer” or the “Company”) second term ABS securitization in 2025 an

KBRA Assigns Preliminary Ratings to MSBAM 2025-C35

Lastest from Businesswire - Mon, 07/14/2025 - 15:04
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA is pleased to announce the assignment of preliminary ratings to 14 classes of MSBAM 2025-C35, a $597.8 million CMBS conduit transaction collateralized by 40 commercial mortgage loans secured by 65 properties. The collateral properties are located throughout 29 MSAs, of which the three largest are New York (11.6% of pool balance), Boston (11.4%), and Washington - NoVA - MD (8.8%). The pool has exposure to all major property types, with four types representing more

KBRA Assigns Preliminary Ratings to Jersey Mike's Funding, LLC, Series 2025-1 Senior Secured Notes

Lastest from Businesswire - Mon, 07/14/2025 - 15:04
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to Jersey Mike's Funding, LLC, Series 2025-1 Class A-2 Notes, a whole business securitization (WBS). Jersey Mike's 2025-1 represents Jersey Mike’s Franchise Systems, LLC’s (Jersey Mike’s or the Company’s) fourth securitization following the establishment of the master trust in December 2019. In conjunction with the issuance of the Series 2025-1 Notes, KBRA anticipates affirming the ratings on the Issuer’s outstanding notes (the Existin

Karston King Joins Alliant Insurance Services’ Employee Benefits Team in Utah

Lastest from Businesswire - Mon, 07/14/2025 - 15:04
IRVINE, Calif.--(BUSINESS WIRE)-- #AlliantInsurance--Alliant Insurance Services continues to add top-tier talent to its Employee Benefits team, hiring Karston King as Vice President.

Amin Wasserman Gurnani Expands its Leading Prop 65 Practice with Partner Additions

Lastest from Businesswire - Mon, 07/14/2025 - 15:04
LOS ANGELES--(BUSINESS WIRE)--Amin Wasserman Gurnani Expands its Leading Prop 65 Practice with Partner Additions, Rebecca Lee and Jennifer Singh

MITRE Introduces AADAPT Cybersecurity Framework for Cryptocurrency

Lastest from Businesswire - Mon, 07/14/2025 - 15:04
MCLEAN, Va. & BEDFORD, Mass--(BUSINESS WIRE)-- #crypto--MITRE has launched AADAPTTM (Adversarial Actions in Digital Asset Payment Technologies), a cybersecurity framework aimed at addressing vulnerabilities in digital financial systems such as cryptocurrency. Emulating the structure of the MITRE ATT&CK® framework, AADAPT provides developers, policymakers, and financial organizations with a structured methodology for identifying, analyzing, and mitigating potential risks associated with digital asset

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm Encourages iRobot Corporation (IRBT) Investors To Inquire About Securities Fraud Class Action

Lastest from Businesswire - Mon, 07/14/2025 - 12:04
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, announces that a securities fraud class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired iRobot Corporation (“iRobot” or the “Company”) (NASDAQ: IRBT) securities between January 29, 2024 and March 11, 2025, inclusive (the “Class Period”). iRobot investors have until September 5, 2025 to file a lead plaintiff motion. IF YOU SUFFERED A LOSS ON YOUR

Mortgage Connect Partners with Westcor on Fannie Mae Title Acceptance Pilot

Lastest from Businesswire - Mon, 07/14/2025 - 12:04
PITTSBURGH--(BUSINESS WIRE)--Mortgage Connect partners with Westcor Land Title Insurance Company and X1 Analytics to develop a product for Fannie Mae’s Title Acceptance program.

KBRA Upgrades SmartStop OP, L.P. Issuer and Senior Note Ratings to BBB/Stable; Assigns BBB Rating to CAD$500 Million Senior Notes due 2028

Lastest from Businesswire - Mon, 07/14/2025 - 12:04
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA has upgraded its issuer and senior unsecured note ratings for SmartStop OP, L.P. to BBB with a Stable Outlook from BBB- Watch Upgrade. The rating action follows parent company SmartStop Self Storage REIT, Inc.'s (NYSE: SMA) completion in April of an initial public offering (IPO), which raised approximately $874 million of net equity. KBRA has also assigned a BBB/Stable rating to SmartStop OP's recent issuance of CAD$500 million senior unsecured notes due 2028. Th

FINAL DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Iovance Biotherapeutics

Lastest from Businesswire - Mon, 07/14/2025 - 12:04
NEW YORK--(BUSINESS WIRE)---- $IOVA #ClassAction--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Iovance Biotherapeutics, Inc. (“Iovance” or the “Company”) (NASDAQ: IOVA) and reminds investors of the July 14, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia.

KBRA Releases Research – The Forward Look—U.S. Credit Insights: Q3 2025

Lastest from Businesswire - Mon, 07/14/2025 - 12:04
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases its quarterly report highlighting our Chief Strategist Van Hesser’s view on key economic indicators, as well as what he identifies as the most influential factors driving credit markets in the upcoming quarter. The report also examines credit market valuations in the context of current and future market conditions. Key factors driving credit market conditions in Q3 include a better sense of the cost of tariffs, which should filter out through forward gui

AM Best Upgrades and Withdraws Credit Ratings of Union Insurance Company P.J.S.C.

Lastest from Businesswire - Mon, 07/14/2025 - 12:04
LONDON--(BUSINESS WIRE)--AM Best has upgraded the Financial Strength Rating to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Rating to “bbb” (Good) from “bbb-” (Good) of Union Insurance Company P.J.S.C. (Union) (United Arab Emirates). The outlook of these Credit Ratings (ratings) has been revised to stable from positive. Concurrently, AM Best has withdrawn these ratings as the company has requested to no longer participate in AM Best’s interactive rating process. The ratings reflect

Tri Counties Bank Expands Bay Area Presence with New San Francisco West Portal Branch, Opening in Late Summer 2025

Lastest from Businesswire - Mon, 07/14/2025 - 12:04
CHICO, Calif.--(BUSINESS WIRE)---- $TCBK #MemberFDIC--Tri Counties Bank announced the upcoming opening of a new branch in the heart of the West Portal neighborhood of San Francisco, California.

Cardata Appoints Tierney Toussaint as Chief Customer Officer to Drive Scalable, Customer-Centric Growth

Lastest from Businesswire - Mon, 07/14/2025 - 12:04
BOSTON--(BUSINESS WIRE)--Cardata names Tierney Toussaint Chief Customer Officer to lead scalable, customer-first growth.

Amperity Appoints Grigori Melnik as Chief Product Officer

Lastest from Businesswire - Mon, 07/14/2025 - 12:04
SEATTLE--(BUSINESS WIRE)-- #AdTech--Amperity, the AI-powered customer data cloud, today announced the appointment of Dr. Grigori Melnik as chief product officer. A seasoned product executive with more than 25 years of experience leading platform innovation across high-growth startups and global enterprises, Dr. Melnik will lead Amperity’s product strategy and execution during a period of rapid growth and industry transformation. “Grigori is an exceptional product leader who blends deep technical expertis

KBRA Assigns Preliminary Ratings to Sunrun Pangea Issuer 2025-2, LLC

Lastest from Businesswire - Mon, 07/14/2025 - 12:04
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to three classes of notes issued by Sunrun Pangea Issuer 2025-2, LLC. The transaction is collateralized by a diversified pool of 63,318 leases and power purchase agreements (PPAs) associated with residential solar photovoltaic installations (PV Systems). The total Aggregate Discounted Solar Asset Balance (ADSAB) based on a discount rate of 7.3%, consisting of the discounted payments of the leases and PPAs is approximately $597.1 millio

Miami-Dade Bets on Tech to Make Housing More Accessible to Residents

Lastest from Businesswire - Mon, 07/14/2025 - 12:04
MIAMI--(BUSINESS WIRE)--Today, Miami-Dade Innovation Authority (MDIA) launched its sixth Public Innovation Challenge in collaboration with the Miami-Dade County Department of Housing & Community Development (HCD), the Office of Innovation & Economic Development (OIED), and Miami Homes For All, to identify bold, tech-driven solutions to improve how residents access affordable housing. This challenge invites local and global early-to-growth stage companies to submit innovative solutions t

New Research Reveals Disconnect Between Consumer and Advisor Perceptions in Social Security Planning

Lastest from Businesswire - Mon, 07/14/2025 - 12:04
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation a U.S. subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750), today announced the release of a new whitepaper based on proprietary research conducted by its principal subsidiary Protective Life Insurance Company (“Protective”) in partnership with Greenwald Research. The findings reveal a surprising emotional divide between consumers and financial professionals when it comes to planning for Social Security—one that could significantl

Pages