Lastest from Businesswire

NEW YORK--(BUSINESS WIRE)---- $RXT #BFA--Rackspace Hit with Securities Fraud Lawsuit over AI Effort Misrepresentations – Investors Urged to Contact BFA Law by September 28 Deadline

VANCOUVER, Wash.--(BUSINESS WIRE)--ZoomInfo (NASDAQ: GTM), the all-in-one AI GTM platform, has reported that Dumpsters.com, a national dumpster rental company, built a repeatable sales pipeline and a large base of high-quality CRM contacts using ZoomInfo, according to the company. The company credits the shift with steady, sustained growth. Dumpsters.com sells into a broad, project-driven market, and its first problem was simply knowing who to call. The company needed to define its total addres

SAN DIEGO--(BUSINESS WIRE)--Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, today announced that it has made the strategic decision to substantially wind down Heritage Global Capital ("HGC"), the Company's specialty lending business. In connection with this wind down, Heritage Global expects to recognize a material non-cash charge in the second quarter of 2026 related to the wr

SEATTLE--(BUSINESS WIRE)-- #D1--The NCAA and Power Five Conferences face a lawsuit alleging artificial suppression of strength coaches' hiring and wages, according to Hagens Berman.

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlooks to negative from positive and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” (Excellent) of the following subsidiaries of Group 1001 Insurance Holdings, LLC: Delaware Life Insurance Company and Clear Spring Life and Annuity Company (both domiciled in Wilmington, DE). These companies are referred to as the Group 1001 Life & Annuity Group. In additio

NEW YORK--(BUSINESS WIRE)--Octagon Credit Investors, LLC (“Octagon,” “we” or “our”), a leading credit-focused asset manager with over 30 years of experience, today issued an open letter to shareholders of XAI Floating Rate & Alternative Income Trust (NYSE: XFLT) (formerly, XAI Octagon Floating Rate & Alternative Income Trust) (the “Fund” or “XFLT”). The full text of Octagon’s letter is below: Dear Fellow XFLT Shareholders, Over the last five weeks, XFLT’s Board of Trustees (the “Board”)

VANCOUVER, Wash.--(BUSINESS WIRE)--ZoomInfo (NASDAQ: GTM) today shared new adoption metrics for GTM Studio, its platform for building and launching go-to-market campaigns. The company said customers built 7X more audiences in GTM Studio quarter over quarter, the number of customers creating their first audience grew 5X over the same period, and overall adoption of the platform has been growing at a rate that doubled month over month. The two quarter-over-quarter figures measure different things

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of securities of Bloom Energy Corporation (NYSE: BE) between February 27, 2025 and July 8, 2026. Bloom Energy describes itself as a company that “designs, manufactures, sells, and installs solid oxide fuel cell systems for on-site power generation in the United States and internationally.”For more information, submit a form, email attorney Phillip Kim, or give us

VANCOUVER, Wash.--(BUSINESS WIRE)--ZoomInfo (NASDAQ: GTM), the all-in-one AI GTM platform, ranked as the number one go-to-market connector in Anthropic's connector directory in a new independent benchmark from Send. The study, "The State of GTM Connectors," tracked eleven GTM providers over nine consecutive weeks from July to September 2025 and placed ZoomInfo first in every one of them. Send built the ranking on the directory's own popularity score, which it calls the closest public signal to

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Nissan Global Reinsurance, Ltd. (NGRe) (Hamilton, Bermuda). The Credit Ratings (ratings) reflect NGRe’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management. The

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA is pleased to announce the assignment of preliminary ratings to eight classes of OAKRE 2026-FL1, a managed CRE CLO securitization with the ability to reinvest principal proceeds for 30 months. The transaction will initially be collateralized by 12 mortgage loans with an aggregate cutoff date in-trust balance of $740.5 million, $153.3 million of cash collateral for the anticipated acquisition of four pre-identified assets, and $106.2 million of cash collateral for

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a-” (Excellent) of the operating subsidiaries of Trisura Group Ltd. (TGL) [TSX: TSU] (Toronto, Ontario, Canada). The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed listing of all companies and their ratings.) The ratings reflect TGL’s overall balance sheet strength, which AM Best assesses as very s

WESTPORT, Conn.--(BUSINESS WIRE)--NEOS Investments, an asset management firm comprised of leaders and pioneers in the options-based ETF space, announces July monthly distribution amounts for their suite of ETFs that pursue monthly income and tax efficiency across core portfolio exposures. July 2026 Distribution Information, based on each ETFs Ex-Dividend Date:   Distribution Rate* Amount / Share (%) Amount / Share ($) Ex-Dividend Date 30-Day SEC Yield** Boosted Bitcoin High Income ETF (XBCI) 40

BOSTON--(BUSINESS WIRE)--The Eaton Vance closed-end funds listed below released today the estimated sources of their July distributions (each a “Fund”). This press release is issued as required by the Funds’ managed distribution plan (Plan) and an exemptive order received from the U.S. Securities and Exchange Commission. The Board of Trustees has approved the implementation of the Plan to make monthly, as noted below, cash distributions to common shareholders, stated in terms of a fixed amount

WILMINGTON, Del.--(BUSINESS WIRE)--Morningstar DBRS confirmed its credit ratings of WSFS Financial Corporation (NASDAQ: WSFS) (“WSFS” or “the Company”) with a Long-Term Issuer Rating of "A (low)" and “A” to WSFS Bank. The trends on all credit ratings are Stable. The Intrinsic Assessment (IA) for the Bank is “a,” while its Support Assessment is SA1. The Company's Support Assessment is SA3, and the Long-Term Issuer Rating is positioned one notch below the Bank's IA. Morningstar DBRS’ debt ratings

KANSAS CITY, Mo.--(BUSINESS WIRE)--Commerce Bancshares, Inc. (NASDAQ: CBSH) announced today that its Board of Directors declared a quarterly dividend of $0.275 per share on the Company's common stock. The dividend is payable on September 22, 2026 to stockholders of record at the close of business on September 4, 2026. About Commerce Bancshares, Inc. Commerce Bancshares, Inc. (NASDAQ: CBSH) is a regional bank holding company with $35.3 billion in assets¹, offering banking, payment solutions, wea

SEATTLE--(BUSINESS WIRE)---- $AMZN #amazon--Amazon.com is facing consumer litigation alleging it knowingly sold Orgain protein powder contaminated with heavy metals, according to Hagens Berman.

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases a report on U.S. commercial mortgage-backed securities (CMBS) loan performance trends observed in the July 2026 servicer reporting period. The 30+ day delinquency rate among KBRA-rated U.S. private label CMBS increased 29 basis points (bps) to 7.8% in July from 7.5% in June, while the distress rate (reflecting delinquent plus current-but-specially-serviced loans) climbed 18 bps. Key observations of the July 2026 performance data are as follows: The overa

CHICAGO--(BUSINESS WIRE)--Neal Gerber Eisenberg (NGE) is pleased to announce that Tal Izraeli has joined the firm as a partner in its Real Estate practice group. Tal brings more than two decades of experience advising developers, investors, lenders and borrowers on sophisticated commercial real estate transactions, including acquisitions, dispositions, financing, leasing, joint ventures and distressed asset matters. He regularly counsels clients on the drafting and negotiation of purchase and s

SEATTLE--(BUSINESS WIRE)--The Social Media Victims Law Center, a national legal advocacy organization representing families harmed by social media and AI‑driven platforms, has filed a sweeping personal injury and wrongful death lawsuit against Meta Platforms Inc., Instagram LLC, Facebook Operations LLC, TikTok LLC, ByteDance Inc., Snapchat Inc. (Snap Inc.), and YouTube LLC (Google). The complaint was filed on behalf of four families from Texas, North Carolina, Minnesota, and Tennessee, who alle