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UnionBank Onboarded 50,000 Customers a Month at Peak with 5-Minute Approvals Using FICO Platform

Lastest from Businesswire - 1 hour 21 min ago
MANILA, Philippines--(BUSINESS WIRE)--FICO (NYSE: FICO): Highlights: UnionBank implemented FICO® Platform in just nine months, enabling seamless integration with Citibank’s systems Over 1 million customers transferred as part of UnionBank’s $700 million acquisition of Citibank’s consumer banking business in the Philippines More than 80% of credit card and personal loan applications are now processed straight-through, reducing onboarding time to 5–15 minutes Record-breaking account bookings of 5

Bakkt Announces Pricing of $75 Million Public Offering

Lastest from Businesswire - 1 hour 21 min ago
ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (“Bakkt” or the “Company”) (NYSE: BKKT) today announced the pricing of its previously announced underwritten public offering of 6,753,627 shares of Class A common stock and pre-funded warrants to purchase up to 746,373 shares of Class A common stock at a public offering price of $10.00 per share and public offering price of $9.9999 per pre-funded warrant, which represents the per share public offering price of each share of Class A common s

FLYWIRE SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Flywire Corporation - FLYW

Lastest from Businesswire - Mon, 07/28/2025 - 21:11
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until September 23, 2025 to file lead plaintiff applications in a securities class action lawsuit against Flywire Corporation (“Flywire” or the “Company”) (NasdaqGS: FLYW), if they purchased the Company’s securities between February 28, 2024 and February 25, 2025, inclusive (the “Class Period”). This action is pe

Schafer & Schafer LLP Files Wrongful Death and Personal Injury Complaint Following Tragic Electrical Shock at Marina Shores

Lastest from Businesswire - Mon, 07/28/2025 - 21:11
PORTAGE, Ind.--(BUSINESS WIRE)--Schafer & Schafer LLP, a leading Indiana personal injury law firm, has filed a wrongful death and personal injury complaint against Marina Shores following a devastating electrical shock incident on July 10, 2025. The accident resulted in catastrophic injuries to Francis Gonzalez, III, and the tragic death of his brother, Gabriel Gonzalez. The brothers were at Marina Shores, cleaning a boat when Gabriel jumped into the water to retrieve an item that another b

Pahr Therapeutics Raises $14 Million Seed Financing to Pursue Innovative Treatments for Pulmonary Arterial Hypertension

Lastest from Businesswire - Mon, 07/28/2025 - 21:11
BOSTON & OSAKA, Japan--(BUSINESS WIRE)--Pahr Therapeutics raises $14 million seed financing to pursue innovative treatments for Pulmonary Arterial Hypertension

CoastalSouth Bancshares, Inc. Reports Earnings for Second Quarter 2025

Lastest from Businesswire - Mon, 07/28/2025 - 21:11
ATLANTA--(BUSINESS WIRE)--CoastalSouth Bancshares, Inc. (NYSE: COSO) reported net income of approximately $6.0 million for the second quarter of 2025.

FIC Closes on Continuation Vehicle, Advancing its Existing Collaboration with Matterhorn Express Pipeline

Lastest from Businesswire - Mon, 07/28/2025 - 21:11
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

Securities Fraud Investigation Into Charter Communications, Inc. (CHTR) Announced – Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm

Lastest from Businesswire - Mon, 07/28/2025 - 18:11
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

KBRA Assigns Preliminary Ratings to AHPT 2025-ATRM

Lastest from Businesswire - Mon, 07/28/2025 - 18:11
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

LMT CLASS ACTION NOTICE: The Law Offices of Frank R. Cruz Files Securities Fraud Lawsuit Against Lockheed Martin Corporation

Lastest from Businesswire - Mon, 07/28/2025 - 18:11
LOS ANGELES--(BUSINESS WIRE)--LMT CLASS ACTION NOTICE: The Law Offices of Frank R. Cruz Files Securities Fraud Lawsuit Against Lockheed Martin Corporation

LMT CLASS ACTION NOTICE: Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit On Behalf Of Lockheed Martin Corporation Investors

Lastest from Businesswire - Mon, 07/28/2025 - 18:11
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

KBRA Assigns Preliminary Ratings to Metronet Infrastructure Issuer, LLC, Series 2025-2

Lastest from Businesswire - Mon, 07/28/2025 - 18:11
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

Anthelion Capital Announces Closing of Inaugural CLO Issue

Lastest from Businesswire - Mon, 07/28/2025 - 18:11
NEW YORK--(BUSINESS WIRE)-- #CLOBSL--Anthelion Capital, a technology-enabled asset manager, today announced the successful closing of Anthelion CLO 2025-1 Ltd.

NRC Health Announces Second Quarter 2025 Results

Lastest from Businesswire - Mon, 07/28/2025 - 18:11
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

Pagaya Closes Upsized $500 Million 8.875% Senior Unsecured Notes Offering, Signaling Strong Investor Confidence

Lastest from Businesswire - Mon, 07/28/2025 - 18:11
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

German American Bancorp, Inc. (GABC) Reports Strong Second Quarter 2025 Earnings

Lastest from Businesswire - Mon, 07/28/2025 - 18:11
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

Northern Trust Announces New Stock Repurchase Authorization

Lastest from Businesswire - Mon, 07/28/2025 - 18:11
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

BankUnited Names Executive Vice President, Director of Branch Banking

Lastest from Businesswire - Mon, 07/28/2025 - 18:11
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.

Chain Bridge Bancorp, Inc. Reports Second Quarter 2025 Financial Results

Lastest from Businesswire - Mon, 07/28/2025 - 18:11
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

Ares Management Establishes Joint Venture With Savion to Invest in U.S. Solar Power Generation

Lastest from Businesswire - Mon, 07/28/2025 - 18:11
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

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