Feed aggregator
KBRA Assigns Preliminary Ratings to Westlake Automobile Receivables Trust 2025-2
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to eight classes of notes issued by Westlake Automobile Receivables Trust 2025-2 (“WLAKE 2025-2”), an asset-backed securitization collateralized by a pool of auto loans. WLAKE 2025-2 will issue eight classes (Class A-2 consists of A-2-A and A-2-B) of notes totaling $1.3 billion. The ratings reflect initial credit enhancement of 41.25% for the Class A-1, Class A-2, and Class A-3 notes, through 9.30% for the Class E notes. Credit enhance
KBRA Releases Monthly CMBS Trend Watch
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases the June 2025 issue of CMBS Trend Watch. Amid the geopolitical tensions in the Middle East and U.S. involvement, the CMBS private label market continued to demonstrate its strength, buoyed by high investor demand. The second quarter ended on an upbeat note, with 13 deals priced in June, including 12 single borrower transactions (SB), and one conduit, for a total issuance volume of $7.1 billion. On a year-over-year (YoY) comparison, year-to-date issuance
KBRA Releases Monthly CMBS Trend Watch
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases the June 2025 issue of CMBS Trend Watch. Amid the geopolitical tensions in the Middle East and U.S. involvement, the CMBS private label market continued to demonstrate its strength, buoyed by high investor demand. The second quarter ended on an upbeat note, with 13 deals priced in June, including 12 single borrower transactions (SB), and one conduit, for a total issuance volume of $7.1 billion. On a year-over-year (YoY) comparison, year-to-date issuance
CORZ Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Core Scientific Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Core Scientific (NASDAQ: CORZ) to CoreWeave for 0.1235 newly issued shares of CoreWeave Class A common stock for each share of Core Scientific common stock is fair to Core Scientific shareholders. Upon closing of the proposed transaction, Core Scientific shareholders will own less than 10% of the combined company. Halper Sadeh encourages Core Scientific shareholders to click here to le
Datavault AI Acquires SyncIN Audio Quick Response Technology from Turner Global Media
BEAVERTON, Ore.--(BUSINESS WIRE)--Datavault AI Acquires SyncIN Audio Quick Response Technology from Turner Global Media
Bob's Discount Furniture Launches Entertaining New Social-First Reality Series: “Till Decor Do Us Part"
MANCHESTER, Conn.--(BUSINESS WIRE)--Bob’s Discount Furniture is excited to announce the launch of a new social-first reality series, “Till Decor Do Us Part," which invites couples to take a leap of faith by giving their partners 100% decision rights in designing the room of their dreams. “Till Decor Do Us Part,” shot specifically for social, features comedian Gabby Bryan as the host and six real-life couples as the contestants. Each episode showcases one partner shopping for furniture while the
Best In Class MD Expands Value-Based Center of Excellence Programs with a National Footprint
NEW YORK--(BUSINESS WIRE)-- #bundledsurgery--Best In Class MD (BICMD) is proud to announce the continued expansion of its national value-based surgical Center of Excellence (COE) network, deepening its collaboration with Hospital for Special Surgery (HSS), the nation’s #1 ranked orthopedic hospital. Building on the success of its programs in New York and New Jersey, the collaboration now extends to HSS Florida in West Palm Beach. This milestone underscores BICMD’s mission to deliver high-quality, cost-effective
Almonty Announces Application to List on Nasdaq Capital Market Concurrent with Launch of U.S. Public Offering
TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII) (ASX: AII) (OTCQX: ALMTF) (Frankfurt: ALI), a leading global producer of tungsten concentrate, is pleased to announce that it has filed a registration statement on Form F-10 (the “Registration Statement”), including a preliminary short form base PREP prospectus prepared in accordance with National Instrument 44-101 – Short Form Prospectus Distributions and National Instrument 44-103 – Post-Receipt Pricing
Zycus Named a LEADER in 2025 IDC MarketScape for Source-to-Pay
PRINCETON, N.J.--(BUSINESS WIRE)--Zycus, a global leader in AI-powered procurement technology, has been named a Leader in the IDC MarketScape: Worldwide AI-Enabled Source-to-Pay 2025 Vendor Assessment. This recognition follows a comprehensive evaluation, including RFI submissions, live product demos, analyst briefings, and customer interviews. “Zycus is a recognized Leader in the Source-to-Pay space leveraging Agentic AI to drive procurement transformation. With AI agents like Merlin Intake and
Stonepeak Strengthens Wealth Capabilities with Appointment of Cindy Marrs as Senior Advisor
NEW YORK--(BUSINESS WIRE)--Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced the appointment of Cindy Marrs as a Senior Advisor. In this role, Cindy will leverage her more than 30 years of wealth management expertise and leadership experience to advise the firm and support the continued growth of Stonepeak+, Stonepeak’s dedicated wealth solutions platform. Cindy joins Stonepeak’s deep bench of Senior Advisors and Operating Partners
Getnick Law Promotes Courtney Finerty-Stelzner to Partner
NEW YORK--(BUSINESS WIRE)--Getnick Law is pleased to announce the promotion of Courtney Finerty-Stelzner to partner. Ms. Finerty-Stelzner is actively involved in the firm’s whistleblower, anti-fraud litigation, and business integrity practices. She represents clients in a range of matters in federal and state court, including whistleblowers in qui tam cases under the federal and New York False Claims Acts, commercial disputes, and complex anti-fraud cases. For example, she was a key member of t
Winged Keel Group Furthers Market Expansion with Acquisition of MBW Group
NEW YORK--(BUSINESS WIRE)--Winged Keel Group (“Winged Keel”) today announced its continued national expansion with the acquisition of MBW Group and opening of its Minneapolis office. The acquisition represents another strategic step forward in the firm’s continued growth as the premier national platform for the structuring, implementation, and administration of high-end life insurance. The new Winged Keel Minneapolis office will be led by Principals Jeffery W. Bird and David A. Wischmeier and c
Osmose Welcomes New CFO Harsha Tank to Executive Leadership Team
ATLANTA--(BUSINESS WIRE)-- #electricutilities--New CFO joins global asset management solutions company for electric utilities, telecommunications providers and renewable energy generators.
Workiva Inc. Sets Date for Second Quarter 2025 Financial Release and Conference Call
NEW YORK--(BUSINESS WIRE)--Workiva Inc. (NYSE:WK), the platform that powers transparency, accountability, and trust, today announced that it will release financial results for the second fiscal quarter ended June 30, 2025 following the close of the market on July 31, 2025. The company will host a conference call and a live webcast to discuss its financial results. The conference call will begin at 5:00 p.m. Eastern Time (21:00 GMT) on July 31, 2025, and can be accessed by dialing 1-833-630-1956
Majority Stake in Distinguished Programs Acquired by White Mountains
NEW YORK--(BUSINESS WIRE)--Distinguished Programs (“Distinguished” or the “Company”), a national specialty insurance MGA and program manager, is pleased to announce that it has entered into a definitive agreement in which White Mountains Insurance Group, Ltd. (“White Mountains”) will acquire a majority stake in the Company. White Mountains will support Distinguished’s continued organic and inorganic growth strategy. Distinguished will continue to be led by industry veterans Bill Malloy (CEO), J
Bunge Limited Finance Corp. Announces Expiration and Final Results of Exchange Offers
ST. LOUIS--(BUSINESS WIRE)--Bunge Global SA (NYSE: BG) (“Bunge”), today announced the expiration and final results of the previously announced (A) offers to exchange (each an “Exchange Offer” and, collectively the “Exchange Offers”) by its wholly-owned subsidiary, Bunge Limited Finance Corp. (“BLFC”), of any and all outstanding 2.000% Notes due 2026 (the “Existing Viterra 2026 Notes”), 4.900% Notes due 2027 (the “Existing Viterra 2027 Notes”), 3.200% Notes due 2031 (the “Existing Viterra 2031 N
Miles & Stockbridge Continues Transformation of its Legal Operations with Aderant Expert Sierra and Stridyn Analytics
ATLANTA--(BUSINESS WIRE)-- #Atlanta--Aderant has announced that Miles & Stockbridge, an Am Law 200 law firm, has chosen its Expert Sierra cloud-based platform.
Prudential Financial Launches ActiveIncome Insurance Overlay, Delivering a New Category of Lifetime Income to Dimensional Managed Accounts
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) today announced the launch of ActiveIncome, a first-of-its-kind insurance overlay option now accessible through Dimensional Fund Advisors’ unified managed accounts (UMA) platform. ActiveIncome expands access to retirement security by pioneering an innovative new category of lifetime income to managed accounts, using a contingent deferred annuity option to address the evolving needs of retirement investors who work with regist
One Rock Capital Partners Raises $3.97 Billion for Fund IV, Emerald Fund and Related Vehicles
NEW YORK--(BUSINESS WIRE)--One Rock Capital Partners, LLC (together with its affiliates, “One Rock”), a value-oriented, operationally focused private equity firm, announced today the successful final closing of aggregate capital commitments of $3.97 billion for two new funds and related vehicles, including One Rock’s latest flagship fund: One Rock Capital Partners IV, L.P. (“Fund IV”), and its inaugural lower middle market-focused fund: One Rock Emerald Fund, L.P. (“Emerald Fund”). The closing
Gannett and AddressUSA Announce National Real Estate Agreement
NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (NYSE: GCI) today announced a multi-year agreement with AddressUSA to power an online real estate portal across the USA TODAY Network including USA TODAY and over 200 local publications nationwide. AddressUSA’s listings will be integrated throughout the USA TODAY Network alongside editorial content including topics such as home buying, selling, decorating, and improvement. AddressUSA combines smart technology with personalized, human support, giv