Lastest from Businesswire
Oregon Bancorp Announces Quarterly Earnings
SALEM, Ore.--(BUSINESS WIRE)--Oregon Bancorp, Inc. (OTCBB: ORBN) (the “Company”), parent company of Willamette Valley Bank, reported net income for the first quarter of $520,000 and $0.21 per share. The Company’s quarterly return on average assets and return on average equity were 0.5% and 3.0%, respectively. This compares to $873,000 in net income and $0.35 per share for the quarter ending December 31, 2024. The Company’s net interest margin measured 3.5% for the first quarter, which is the sa
Paycom Achieves Background Screening Credentialing Council Accreditation
RALEIGH, N.C.--(BUSINESS WIRE)--The Professional Background Screening Association (PBSA®) Background Screening Credentialing Council (BSCC) announced today that Paycom has successfully demonstrated compliance with the Background Screening Organization Accreditation Program (BSOAP) and will now be formally recognized as BSCC-Accredited to the US Employment Screening Standard. "This achievement demonstrates we adhere to the industry's most stringent standards," said Matt Paque, chief legal office
ROH Raises $9M in New Funding Led by Highgate Technology Ventures and Acrew Capital
NEW YORK--(BUSINESS WIRE)-- #SaaS--ROH Raises $9M in New Funding Led by Highgate Technology Ventures and Acrew Capital
Barings Supports Riverside’s New Platform Investment in DAWGS
CHARLOTTE, N.C.--(BUSINESS WIRE)--Barings, one of the world’s leading investment managers, recently announced that it has served as lead agent and minority equity investor to provide financing support for The Riverside Company’s (“Riverside”) purchase of Door and Window Guard Systems (“DAWGS” or “the Company”). Headquartered in Chicago, Illinois, DAWGS protects thousands of residential, commercial and government-owned properties across the U.S. The Company’s patented security solutions are desi
TDK Ventures Announces Launch of $150 Million Fund 3 to Catalyze Iconic Companies
SAN JOSE, Calif.--(BUSINESS WIRE)--TDK Corporation (TSE: 6762) announced today that its corporate venture-capital subsidiary TDK Ventures, Inc. has launched Fund 3, a $150 million commitment to catalyzing the next generation of iconic deeptech startups. Building on Fund 1, Fund 2 and Fund EX1, this milestone increases TDK Ventures’ total assets under management to $500 million, reinforcing its position as a global leader in early-stage impact investing. Fund 3 succeeds Fund 2 and will use the s
Total Expert Launches Empower LOS Integration
MINNEAPOLIS--(BUSINESS WIRE)--Total Expert, the FinServ leader in customer engagement software, today announced the launch of its two-way integration with the Empower® loan origination system (LOS) from Dark Matter Technologies. This integration allows lenders to effectively use real-time loan information from both solutions to serve and connect with their customers. The integration automatically transfers new leads, contact details, updates, and more from Total Expert into the Empower LOS, eli
DAT opens early-bird registration for DATCON25
BEAVERTON, Ore.--(BUSINESS WIRE)--DAT Freight & Analytics has opened registration for DATCON25, the premier transportation and logistics user conference, at dat.com/datcon. This year’s event will take place from Sept. 8-10 at the Loews Chicago O’Hare Hotel. Early-bird registration is available now, with tickets at the lowest price they will be offered. The insights, innovative strategies, and fresh perspectives gained at DATCON25 will help energize broker, shipper, and fleet carrier busines
Nomura Capital Management Hires Ashu Pal as Head of Portfolio Management
NEW YORK--(BUSINESS WIRE)--Nomura Capital Management LLC (NCM), a wholly owned subsidiary of Nomura Holding America Inc. and a multi-credit manager serving intermediary and institutional clients, today announced the hiring of Ashu Pal, CFA, as Head of Portfolio Management. Pal joined NCM in April and will focus on asset allocation and manager selection within private credit as a senior portfolio manager and team leader, actively supporting the firm’s ongoing growth initiatives in the Americas.
TPG and Temasek Join TA to Bolster Cliffwater’s Continued Expansion
BOSTON & SAN FRANCISCO--(BUSINESS WIRE)--TPG and Temasek join existing investor TA Associates to bolster Cliffwater’s continued expansion.
Northlight Capital Partners and Condor Partners Announce Refinancing & Future Funding for Mural Park
CHICAGO--(BUSINESS WIRE)--Northlight Capital Partners and Condor Partners Announce Refinancing & Future Funding for Mural Park
John Smith Joins Alliant Insurance Services’ Southeast Benefits Team
IRVINE, Calif.--(BUSINESS WIRE)-- #AlliantInsurance--John Smith has joined Alliant Insurance Services as Assistant Vice President within its Employee Benefits Group. Based in North Carolina, Smith will provide strategic employee benefits solutions to a diverse client base throughout the Southeast, leveraging his extensive experience in sales, consulting, and risk management. “John’s depth of expertise and client-focused approach will enhance our ability to deliver innovative and cost-effective benefits solutions,”
Farmers National Bank Announces Retirement of Executive and Addition to Finance Team
CANFIELD, Ohio--(BUSINESS WIRE)--Farmers National Bank announced today the following changes in its Accounting and Finance Group. The change is prompted by Joseph Sabat’s decision to retire as Chief Accounting Officer, effective May 2nd, 2025. Sabat, who was promoted to Chief Accounting Officer in 2021, has been with Farmers since 2006. He previously served as the Bank’s Controller. The decision ends Sabat’s highly successful 25+ year career in accounting, finance and auditing. “On behalf of Fa
GAME 7 and Centric Brands Partner to Launch GAME 7 Apparel Line Available Exclusively in Amazon Stores
NEW YORK--(BUSINESS WIRE)-- #centricbrands--GAME 7, the multi-platform sports and entertainment brand, announces the launch of its first apparel line in partnership with Centric Brands LLC, and the new and style-driven sports team apparel collection will be available to consumers exclusively in the U.S. Amazon GAME 7 brand store beginning today. The partnership infuses the DNA of GAME 7’s high-performance ethos into Centric Brands’ vast design, merchandising, sales, sourcing and marketing expertise. The collect
Dream Finders Homes Announces the Closing of its Acquisition of Alliant National Title Insurance Company, Inc.
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Dream Finders Homes, Inc. (the “Company”, “Dream Finders” or “DFH”) (NYSE: DFH) announced today that it has closed on its acquisition of Alliant National Title Insurance Company, Inc. (“Alliant National”) and a related affiliate after the initial deal announcement on October 23, 2024. The acquisition was formally closed on April 18, 2025. This acquisition represents a significant expansion of Dream Finders’ financial services capabilities, as Alliant Nationa
TourAxis Partners with Trevelino/Keller to Boost US Brand Awareness for Expat Explore
ATLANTA--(BUSINESS WIRE)--Trevelino/Keller, a nationally ranked, growth-driven PR and marketing firm, today announces its partnership with leading global travel innovator TourAxis to expand the U.S. customer base of Expat Explore, a premier group tour provider. Expat Explore’s tours, encompassing 50 countries across five continents, have steadily gained traction over the past 20 years, elevating the brand to a position of international market leadership in group travel. Trevelino/Keller will su
Rithm Acquisition Corp. Announces the Separate Trading of its Ordinary Shares and Warrants Commencing April 21, 2025
NEW YORK--(BUSINESS WIRE)--Rithm Acquisition Corp. (NYSE: RAC.U) (the “Company”), a blank check company, today announced that, commencing April 21, 2025, holders of the units sold in the Company’s initial public offering may elect to separately trade shares of the Company’s Class A ordinary shares and warrants included in the units. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. The Class A ordinary shares and warrants that are separated w
Saba Capital Files Lawsuit Against ASA Gold and Precious Metals and its Legacy Directors Over Latest Unlawful Poison Pill
NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, “Saba”), the largest common shareholder of ASA Gold and Precious Metals Limited (NYSE: ASA) (“ASA” or the “Fund”) with 17.2% ownership of the Fund’s outstanding shares, today announced that it has filed a lawsuit in the United States District Court for the Southern District of New York (the “Court”) against ASA and the legacy members of its Board of Directors (the “Board”) – Mary Joan Hoene and Wi
Bain Capital and BlueWater Marinas Acquire Boathouse Marine Center
BOSTON & CHARLESTON, S.C.--(BUSINESS WIRE)--Bain Capital’s Real Estate team (“Bain Capital”) and BlueWater Marinas (“BlueWater”), led by Joe Miller and Dunston Powell, today announced the acquisition of Boathouse Marine Center (“BMC”), a dry-stack marina in Pompano Beach, Florida. Financial terms of the private, off-market purchase were not disclosed. Bain Capital and BlueWater formed a strategic joint venture in 2024 to acquire and operate high-quality, storage-centric marina properties in pre
Charles Schwab Extends Partnership With National Youth Development Organization 4-H
WESTLAKE, Texas--(BUSINESS WIRE)--Schwab extends its long-standing partnership with National 4-H Council (4-H), which reaches nearly 6 million young people each year.
Dynex Capital, Inc. Announces First Quarter 2025 Results
GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. ("Dynex" or the "Company") (NYSE: DX) reported its first quarter 2025 financial results today. Management will host a call today at 10:00 a.m. Eastern Time to discuss the results and business outlook. Details to access the call can be found below under "Earnings Conference Call." Financial Performance Summary Total economic return of $0.33 per common share, or 2.6% of beginning book value, comprised of dividends declared of $0.47 per common