Lastest from Businesswire

PARIS & SAN FRANCISCO & FORT WORTH, Texas--(BUSINESS WIRE)--Ardabelle Capital (“Ardabelle”), a private equity firm focused on accelerating the transition to a sustainable, resilient economy, today announced a strategic partnership and anchor fund commitment from TPG NEXT, TPG’s strategy focused on seeding and scaling the next generation of investment firms. Founded in 2024 by experienced investor and executive Virginie Morgon, Ardabelle seeks to partner with profitable mid-market industrial, se

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Columbia Banking System, Inc. (NASDAQ: COLB) and Pacific Premier Bancorp, Inc. is fair to Columbia shareholders. Upon closing of the proposed transaction, Columbia shareholders will own approximately 70% of Columbia’s outstanding shares of common stock. Halper Sadeh encourages Columbia shareholders to click here to learn more about their legal rights and options or contact Daniel Sad

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Pacific Premier Bancorp, Inc. (NASDAQ: PPBI) to Columbia Banking System, Inc. for 0.9150 of a share of Columbia common stock for each Pacific share is fair to Pacific shareholders. Halper Sadeh encourages Pacific shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@h

SANTA BARBARA, Calif.--(BUSINESS WIRE)-- #BankonBetter--American Riviera Bancorp (“Company”) (OTCQX: ARBV), holding company of American Riviera Bank (“Bank”), announced today unaudited net income of $2.3 million ($0.40 per share) for the three months ended March 31, 2025, compared to $2.0 million ($0.35 per share) in the previous quarter, and $2.2 million ($0.37 per share) earned in the same reporting period in the previous year. Total deposits were $1.13 billion at March 31, 2025, an increase of $85.5 million

GREENWICH, Conn.--(BUSINESS WIRE)--QXO, Inc. (NYSE: QXO) (“QXO” or the “Company”) announced today that its subsidiary, Queen MergerCo, Inc. (“Merger Sub”), has priced a $2.25 billion offering (the “Offering”) of 6.75% Senior Secured Notes due 2032 (the “Notes”) at par. The Offering was increased from the previously announced $2 billion. Merger Sub was created as part of QXO’s planned acquisition of Beacon Roofing Supply, Inc. (“Beacon”), under the merger agreement dated March 20, 2025 (the “Mer

LEHI, Utah--(BUSINESS WIRE)--Weave (NYSE: WEAV), a leading all-in-one customer experience and payments software platform for small and medium-sized healthcare businesses, today announced it will release its financial results for the first quarter 2025 after U.S. markets close on Monday, May 5, 2025. Company management will host a conference call and webcast at 4:30 p.m. ET to discuss Weave’s financial results and provide a business update. Individuals interested in listening to the conference c

PALO ALTO, Calif.--(BUSINESS WIRE)--Vivo Capital (“Vivo” or the “Firm”), a leading global investment firm focused exclusively on healthcare and life sciences, today announced multiple legal proceedings to challenge the irresponsible actions taken by the current Board of Directors of Sinovac Biotech Ltd. (NASDAQ:SVA) (“Sinovac” or the “Company”) under the control of the activist investor 1Globe Capital LLC (“1Globe”) and its allies. In January 2025, the Judicial Committee of the Privy Council in

NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA DLD, a division of KBRA Analytics, has launched a Lower Middle Market Index (LMM Index), with a trailing 12-month default rate of 1.3% across $13 billion of private loans to lower MM borrowers. The LMM Index is derived from roughly 600 borrowers across 13 business development corporations (BDC) that target this space. The new benchmark is a subset of the broader KBRA DLD Index, which comprises about 2,500 borrowers with private loans. The default rate for the bro

NEW YORK--(BUSINESS WIRE)---- $UCTT #CLASSACTIONLAWSUIT--The law firm of Kirby McInerney LLP reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Northern District of California on behalf of those who acquired Ultra Clean Holdings, Inc. (“Ultra Clean” or the “Company”) (NASDAQ:UCTT) securities during the period from May 6, 2024, through February 24, 2025 (“the Class Period”). Investors have until May 23, 2025, to apply to the Court to be appointed as lead plaintiff in the lawsuit.

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term rating of AA+, with a Stable Outlook, to the Harris County Hospital District, TX (the "District") Limited Tax Bonds, Series 2025. Key Credit Considerations The rating was assigned because of the following key credit considerations: Credit Positives The District is the primary safety net healthcare provider in the County and plays an essential role within the County’s public health mission. A growing tax base continues to generate strong proper

LAS VEGAS--(BUSINESS WIRE)--Harbor Lockers, the largest public marketplace locker network in the U.S. and a division of Luxer One, is inviting self-storage operators to redefine what storage can be. Harbor’s rapidly expanding public marketplace locker network opens new avenues for revenue generation, customer engagement, and brand growth by seamlessly integrating smart locker technology into traditional self-storage models. Leverage Underutilized Space: Harbor Lockers are transforming how facil

GREENWICH, Conn.--(BUSINESS WIRE)--GAMI pursued Project Fishbowl on behalf of over 700 clients to ensure transparency in disclosing what National Amusements (“NAI”), controlled by Ms. Shari Redstone, will receive for her voting shares of Paramount. GAMI, as the largest non-NAI holder of voting shares continues to maintain that it appears NAI will receive additional compensation for their voting stock of Paramount that is not being afforded other shareholders. Christopher Marangi, Co-CIO, Value

HOUSTON--(BUSINESS WIRE)--Stellar Bancorp, Inc. (the “Company”) (NYSE: STEL) today announced that its Board of Directors authorized a new share repurchase program under which the Company may repurchase up to $65 million of the Company’s common stock through May 31, 2026 (the “2025-2026 Repurchase Program”). In May of 2024, the Company announced a share repurchase program under which the Company was authorized to repurchase up to $60 million of the Company’s common stock through May 31, 2025 (th

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases research examining trends across the structured credit landscape. The structured credit and collateralized loan obligation (CLO) marketplace entered the new year on the heels of record-setting issuance in 2024. Despite general economic and political uncertainty at the start of the year, ample dry powder continued to flow into the asset class, causing broadly syndicated loan (BSL) and middle market (MM) CLO AAA spreads to tighten to multiyear lows. Total

MINNEAPOLIS--(BUSINESS WIRE)--Northern Oil and Gas, Inc. (NYSE: NOG) (“NOG” or the “Company”) announced today that it published its Environmental, Social and Governance (“ESG”) Report for the year ended December 31, 2024. The report is available on the Company’s website under the Sustainability section, in addition to prior year reports. Highlights from the 2024 Report include the publication of a formal ESG Policy, and the implementation of an ESG Risk and Control Matrix and a GHG Inventory Ma

FISHERS, Ind.--(BUSINESS WIRE)--First Internet Bancorp (the “Company”) (Nasdaq: INBK), the parent company of First Internet Bank (the “Bank”), announced today financial and operational results for the first quarter ended March 31, 2025. First Quarter 2025 Financial Highlights Net income of $0.9 million and diluted earnings per share of $0.11 Pre-tax, pre-provision income (“PTPP”) of $12.0 million1 An increase of 10.8% from adjusted PTPP1 for the fourth quarter of 2024 An increase of 48.5% from

NEW YORK--(BUSINESS WIRE)--Aleutian Capital Group (“Aleutian”) is pleased to announce Valsoft Corporation (“Valsoft”) successful acquisition of 1984 System, Inc. dba American Data (“American Data”). Aleutian acted as the exclusive advisor to American Data throughout the entire transaction process, providing comprehensive advisory services. Terms of the deal were not disclosed. American Data has established itself as a trusted provider of electronic health record (EHR) software for the long-term

ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bancshares, Inc. (Nasdaq: BWB) (the Company), the parent company of Bridgewater Bank (the Bank), today announced net income of $9.6 million for the first quarter of 2025, compared to $8.2 million for the fourth quarter of 2024, and $7.8 million for the first quarter of 2024. Earnings per diluted common share were $0.31 for the first quarter of 2025, compared to $0.26 for the fourth quarter of 2024, and $0.24 for the first quarter of 2024. Adju

CORAL GABLES, Fla.--(BUSINESS WIRE)--Amerant Bancorp Inc. (NYSE: AMTB) (the “Company” or “Amerant”) today announced that, on April 23, 2025, the Company’s Board of Directors declared a cash dividend of $0.09 per-share of Amerant common stock. The dividend is payable on May 30, 2025, to shareholders of record at the close of business on May 15, 2025. About Amerant Bancorp Inc. (NYSE: AMTB) Amerant Bancorp Inc. is a bank holding company headquartered in Coral Gables, Florida since 1979. The Compa

CHICAGO--(BUSINESS WIRE)--V-Square Quantitative Management announced its inclusion on USA Today’s prestigious 2025 list of America’s Best Financial Advisory Firms. A Chicago-based global asset manager with thematic and differentiated capabilities, V-Square specializes in developing and managing customized passive, factor-based, and thematic portfolios for institutional Investors and Advisors. The manager takes a long-term view, seeking to be a new vector of change in how it delivers investment