Lastest from Businesswire
KBRA Releases CREFC January Conference 2025 – Day 3 Recap
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases its Day 3 recap of the CRE Finance Council (CREFC) January Conference 2025. The final day consisted of three panel sessions which were "Building on Leverage: Strategic Debt in CRE Financing", "CRE Financing Risk Amid Skyrocketing Insurance Costs," and "The Sunshine State: Opportunities and Challenges in a Booming Market." The first two explored strategies for financing commercial real estate (CRE) in 2025, with the first panel discussing back-leverage fi
Securities Fraud Investigation Into Cardlytics, Inc. (CDLX) Announced – Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm
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 Cardlytics, Inc. (“Cardlytics” or the “Company”) (NASDAQ: CDLX) investors concerning the Company’s possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON CARDLYTICS, INC. (CDLX), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. What Happened? On August
UBS Collaborates with Nobel Laureate Robert Engle on a New Volatility Controlled Index Series
NEW YORK--(BUSINESS WIRE)--UBS announced today its collaboration with Engle Volatility Consulting LLC (“Engle Consulting”), the research principal of which is Nobel Laureate Dr. Robert F. Engle, on a methodology for a series of volatility controlled indices. The series uses rules-based systematic investment strategies that aim to provide enhanced exposure to various underlying assets using a novel forward-looking intraday volatility forecasting methodology developed with Dr. Engle. The first of
KBRA Assigns Preliminary Rating to Surplus Notes of Clear Blue Specialty Insurance Company
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a preliminary rating of "BBB” with Stable outlook to surplus notes (“Notes”) to be issued by Clear Blue Specialty Insurance Company (CBSIC) (KBRA Insurance Financial Strength Rating: A-/Stable). As surplus notes, the Notes are deeply subordinated and payments thereon are subject to the prior approval of the Texas Department of Insurance. If any payments are not approved, the scheduled payment will be extended until approval is given. Interest will continu
Home Value Lock Insurance Now Available to Stanford Mortgage Homebuyers
SACRAMENTO, Calif.--(BUSINESS WIRE)--Home Value Lock has partnered with Stanford Mortgage to protect more Sacramento-area buyers from a home price drop with market-value insurance.
Triple-I-Milliman: P/C Insurance Market Profitability Improves in 2024; Expected to Continue in 2025 and 2026
MALVERN, Pa.--(BUSINESS WIRE)--The U. S. property/casualty industry generated improved profitability in 2024, according to actuaries at Triple-I and Milliman.
Rosen Law Firm Encourages FTAI Aviation Ltd. Investors to Inquire About Securities Class Action Investigation – FTAI
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of FTAI Aviation Ltd. (NASDAQ: FTAI) resulting from allegations that FTAI Aviation may have issued materially misleading business information to the investing public. So What: If you purchased FTAI Aviation securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrang
Netradyne® Raises $90 Million in Series D Funding Led by Point72 Private Investments
SAN DIEGO--(BUSINESS WIRE)-- #AI--Netradyne, an industry-leading SaaS provider of artificial intelligence (AI) and edge computing, announced the close of a $90 million Series D round led by Point72 Private Investments with participation from Qualcomm Ventures and Pavilion Capital. The capital infusion will accelerate the company’s growth trajectory through strategic investment in R&D, enhanced go-to-market investments, and aggressive global expansion, solidifying Netradyne as a global industry le
InfoSync Services is Sold to CogentHub by Staple Street Capital
NEW YORK--(BUSINESS WIRE)--InfoSync Services (“InfoSync” or the “Company”), a provider of outsourced professional services, is pleased to announce its sale from Staple Street Capital to CogentHub (“CogentHub”), a global provider of business technology solutions. InfoSync is a market-leading provider of comprehensive outsourced accounting, finance and payroll services to multi-unit franchisees and franchisors. InfoSync specializes in helping restaurants and other multi-unit businesses reduce cos
Source Capital Provides Update on Discount Management Program and Private Credit Investments and Announces Q4 Webcast
LOS ANGELES--(BUSINESS WIRE)--The Board of Trustees of Source Capital (NYSE: SOR) (the “Fund”), today announced that for the Fund’s Discount Management Program (the “Program”) measurement period from January 1, 2024 through December 31, 2024, the Fund traded at an average discount to net asset value (NAV) of less than 10%. In fact, the discount declined to less than 1% on December 31, 2024, its smallest discount since 2008. As a result, the tender offer for calendar year 2024 under the Fund’s P
Graham Holdings Company Declares Regular Quarterly Dividend
ARLINGTON, Va.--(BUSINESS WIRE)--Graham Holdings Company (NYSE: GHC) today declared a regular quarterly dividend of $1.80 per share, payable on February 20, 2025, to shareholders of record on February 3, 2025.
Alvarez & Marsal Announces 2025 Managing Director Promotions
NEW YORK--(BUSINESS WIRE)--Leading global professional services firm Alvarez & Marsal (A&M) has announced the promotion of 80 professionals, across Brazil, Canada, France, Germany, India, Italy, Spain, Sweden, United Arab Emirates, United Kingdom, and the United States, to the position of Managing Director. Tony Alvarez II and Bryan Marsal, A&M’s Co-Founders, stated, “All of our newly promoted Managing Directors embody the talent and leadership necessary to deliver exceptional resul
Full Spectrum Franchise Consulting Acquires FranDevCo; Franchise Leaders Rob Weddle and J. Patrick Galleher Join Board
DEVON, Pa. & MIAMI--(BUSINESS WIRE)--L2 Capital, a private equity firm specializing in lower-middle-market investments, proudly announces its portfolio company, Full Spectrum Franchise Consulting (the “Company”) has acquired FranDevCo (“FDC”), a premier franchise development and sales organization. The Company has also appointed Rob Weddle, former CEO of Authority Brands, and Patrick Galleher, CEO & Managing Partner of Boxwood Partners, as independent board members of Full Spectrum Franchis
Symetra Names Christine Carlson Vice President, Stop Loss Claims
BELLEVUE, Wash.--(BUSINESS WIRE)--Symetra, a stop loss pioneer and industry leader, announced the appointment of Christine Carlson as vice president, Stop Loss Claims.
KBRA Assigns Preliminary Ratings to SCF Equipment Leasing 2025-1
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to nine classes of notes issued by SCF Equipment Leasing 2025-1 LLC and SCF Equipment Leasing Canada 2025-1 Limited Partnership (collectively SCF 2025-1), an equipment ABS transaction. SCF 2025-1 represents the 13th equipment ABS transaction sponsored by Stonebriar Commercial Finance LLC (SCF or the Company). Additionally, SCF services the Granite Park 2023-1 transaction, which is an equipment ABS backed by collateral originated by the
AMPLIFY ENERGY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Amplify Energy Corp. - AMPY
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Amplify Energy Corp. (NYSE: AMPY) and Juniper Capital’s Upstream Rocky Mountain Portfolio Companies. Pursuant to the terms of the agreement, at the closing of the transaction, Amplify shareholders will retain only approximately 61% of Amplify’s outstanding equity. KSF is seeking to determine whether the merg
PESG Market Update: Silexion Therapeutics’ SIL-204 Shows Groundbreaking Synergy in Preclinical Data, Boosting Hope for KRAS-Driven Cancer Treatments
NEW YORK--(BUSINESS WIRE)---- $SLXN #Silexion--PESG Releases a Market Update - Silexion Therapeutics (NASDAQ: SLXN), a clinical-stage biotech advancing RNA interference (RNAi) therapies for KRAS-driven cancers, has reported compelling new preclinical data for SIL-204, its next-generation siRNA candidate. These findings reaffirm the company’s innovative approach to addressing some of the most challenging cancers, including pancreatic cancer, which is marked by KRAS mutations in over 90% of cases. The newly released
H&E EQUIPMENT INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of H&E Equipment Services, Inc. - HEES
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of H&E Equipment Services, Inc. d/b/a H&E Rentals (NasdaqGS: HEES) to United Rentals, Inc. (NYSE: URI). Under the terms of the proposed transaction, shareholders of H&E will receive $92.00 in cash for each share of H&E that they own. KSF is seeking to determine whether this consideration and the p
GDP, Inflation, and Rates to Remain Stable in 2025, Investors to Focus on Quality Across Asset Classes
SAN MATEO, Calif.--(BUSINESS WIRE)--GDP, Inflation, and Rates to Remain Stable in 2025, Investors to Focus on Quality Across Asset Classes
DATABASICS Forms Strategic Partnership with JMT Consulting to Serve Nonprofit Organizations
RESTON, Va.--(BUSINESS WIRE)--DATABASICS, a leading provider of expense reporting, spend management, time tracking, and PTO-leave management solutions, and JMT Consulting, a leading provider of consulting and software services exclusively to nonprofits, today announced a strategic partnership to bring unprecedented efficiency and productivity to nonprofit organizations. The partnership will combine JMT’s expertise with mission-driven finance and Sage Intacct implementations with DATABASICS’ exp