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Vise Surpasses $15B in Platform Assets, Appoints Nick Raffone as CFO to Accelerate Growth Amid Private Equity-Driven Transformation in RIA Industry

Thu, 04/17/2025 - 08:17
NEW YORK--(BUSINESS WIRE)--Vise appoints Nick Raffone as CFO to drive growth amid private equity-led transformation in the RIA industry.

State Street Corporation (NYSE: STT) Reports First-Quarter 2025 Financial Results

Thu, 04/17/2025 - 08:17
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) reported its first-quarter 2025 financial results today. The news release, presentation and additional financial information can be accessed on State Street’s Investor Relations website, http://investors.statestreet.com. A conference call to discuss the firm’s financial results, outlook and related matters will be held at 11:00 a.m. ET today, Thursday, April 17, 2025. The call will be open to the public. The conference call will be a

Williams Employees to Volunteer and Complete More Than 100 Projects in Communities Nationwide

Thu, 04/17/2025 - 08:17
TULSA, Okla.--(BUSINESS WIRE)--Williams Employees to Volunteer and Complete More Than 100 Projects in Communities Nationwide

Schwab Reports Record First Quarter Revenue

Thu, 04/17/2025 - 08:17
WESTLAKE, Texas--(BUSINESS WIRE)--The Charles Schwab Corporation reports record first-quarter 2025 revenue.

Redbrick LMD White Paper Explores How Its Decarbonization Strategy Creates Value

Thu, 04/17/2025 - 08:17
WASHINGTON--(BUSINESS WIRE)--Redbrick LMD white paper explores sustainability as a core business strategy to create value.

Marsh McLennan Reports First Quarter 2025 Results

Thu, 04/17/2025 - 08:17
NEW YORK--(BUSINESS WIRE)--Marsh McLennan (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people, today reported financial results for the first quarter ended March 31, 2025. John Doyle, President and CEO, said: "We had a solid start to the year with 9% revenue growth reflecting momentum across our business and the contribution from acquisitions. For the quarter, we generated 4% underlying revenue growth, 8% growth in adjusted operating income, and

Redfin Reports U.S. Homes Are Selling at the Slowest Pace in 6 Years

Thu, 04/17/2025 - 08:17
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The typical U.S. home that went under contract in March was on the market for 47 days—the longest period for any March since 2019. That’s according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. By comparison, the typical home was selling in under half that time during the peak of the pandemic homebuying frenzy. March marked five years since the coronavirus was declared a pandemic, and many U.S. housing metr

Validated Insights Report Released: Nursing Education Market Will Grow Significantly, But Specific Projections Are Complicated

Thu, 04/17/2025 - 08:17
CHICAGO--(BUSINESS WIRE)-- #education--Validated Insights publishes report on Nursing. Predicts revenue growth from nursing education over 11% annually over the next five years.

Ziff Davis to Announce First Quarter 2025 Earnings

Thu, 04/17/2025 - 08:17
NEW YORK--(BUSINESS WIRE)--Ziff Davis, Inc. (NASDAQ: ZD) will release its First Quarter 2025 Earnings at 6:00PM ET on Thursday, May 8, 2025. Additionally, Ziff Davis invites the public, members of the press, the financial community, stockholders, and other interested parties to listen to a live audio Webcast of its First Quarter 2025 Earnings Call at 8:30AM ET on Friday, May 9, 2025. Vivek Shah, Chief Executive Officer, and Bret Richter, Chief Financial Officer, will host the call. Materials pr

CIBC Innovation Banking Provides Funding to Traction Complete

Thu, 04/17/2025 - 08:17
VANCOUVER, British Columbia--(BUSINESS WIRE)--CIBC Innovation Banking announced today that it has provided a debt financing facility to Vancouver-based Traction Complete. Traction Complete’s suite of Revenue Operations Data Management apps is designed to help organizations automate critical business processes to streamline sales, improve data quality, and optimize go-to-market strategies. Founded in 2019 when it spun out of Traction-on-Demand, Traction Complete is on a mission to automate compl

American Express Delivers Strong First-Quarter Results With Revenue of $17.0 Billion, up 7%, or 8% on an FX-Adjusted Basis

Thu, 04/17/2025 - 08:17
NEW YORK--(BUSINESS WIRE)--American Express Company (NYSE: AXP) today reported first-quarter net income of $2.6 billion, or $3.64 per share, compared with net income of $2.4 billion, or $3.33 per share, a year ago. (Millions, except per share amounts, and where indicated)       Quarter Ended March 31,     Percentage Inc/(Dec)   2025   2024   Billed Business (Billions) $387.4   $367.0   6% FX-adjusted1   $363.9   6% Total Revenues Net of Interest Expense $16,967   $15,801   7% FX-adjusted1   $15

Toku Raises $48 Million Series A

Thu, 04/17/2025 - 08:17
NEW YORK--(BUSINESS WIRE)--Toku, an account receivable SaaS platform, announced today that it has raised $48 million in Series A funding, bringing its total funding to $55 million. With this fundraise, Toku and CEO Cristina Etcheberry have raised the largest Series A by a female founder in Latin America. The round was led by Oak HC/FT, representing its fourth fintech investment in LatAm in the past three years. Existing investors, including Gradient Ventures (one of Google’s investment funds),

Fifth Third Bancorp Reports First Quarter 2025 Diluted Earnings Per Share of $0.71

Thu, 04/17/2025 - 08:17
CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp Reports First Quarter 2025 Diluted Earnings Per Share of $0.71

Global Payments Announces Agreements to Acquire Worldpay and Divest Issuer Solutions

Thu, 04/17/2025 - 08:17
ATLANTA--(BUSINESS WIRE)-- #globalpayments--Global Payments Inc. today announced definitive agreements to divest its Issuer Solutions business to FIS and acquire Worldpay from GTCR and FIS.

FIS Announces Sale of Worldpay Stake and Strategic Acquisition of Global Payments’ Issuer Solutions Business

Thu, 04/17/2025 - 08:17
JACKSONVILLE, Fla.--(BUSINESS WIRE)--FIS® (NYSE: FIS), (the “Company”) a global leader in financial technology, today announced it has entered into a definitive agreement to acquire 100% of Global Payments' (NYSE: GPN) Issuer Solutions business for an enterprise value of $13.5 billion, or a net purchase price of $12 billion including $1.5 billion of anticipated net present value of tax assets. Concurrently, FIS has entered into a definitive agreement to sell its stake in Worldpay to Global Paym

SFNet Releases Q4 2024 Asset-Based Lending and Confidence Indexes

Thu, 04/17/2025 - 08:17
NEW YORK--(BUSINESS WIRE)--SFNet Releases Q4 2024 Asset-Based Lending and Confidence Indexes

Hercules Capital Announces Date for Release of First Quarter 2025 Financial Results and Conference Call

Thu, 04/17/2025 - 08:17
SAN MATEO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that it has scheduled its first quarter 2025 financial results conference call for Thursday, May 1, 2025, at 2:00 p.m. PT (5:00 p.m. ET). Hercules will release its financial

Solid performance. A strong foundation. Regions reports first quarter 2025 earnings of $465 million, earnings per diluted share of $0.51; Adjusted earnings(1) of $487 million, adjusted earnings per diluted share(1) of $0.54

Thu, 04/17/2025 - 08:17
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Financial Corp. (NYSE:RF) today reported earnings for the first quarter ended March 31, 2025.

QXO Announces Pricing of Common Stock Offering

Wed, 04/16/2025 - 23:17
GREENWICH, Conn.--(BUSINESS WIRE)--QXO, Inc. (NYSE: QXO) (the “Company” or “QXO”) today announced the pricing of its previously announced public offering of 37,735,850 shares of its common stock (the "Offering") at a price to public of $13.25 per share. The Offering is expected to close on April 21, 2025, subject to customary closing conditions. QXO has granted the underwriters of the Offering an option to purchase up to an additional 5,660,377 shares of common stock at the public offering pric

Strategic Storage Trust VI, Inc. Announces Opening of New Self-Storage Facility in the Greater Toronto Area of Ontario, Canada

Wed, 04/16/2025 - 23:17
LADERA RANCH, Calif.--(BUSINESS WIRE)--Strategic Storage Trust VI, Inc. (“SST VI”), a publicly registered non-traded real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE:SMA) , in partnership with SmartCentres (TSX: SRU.UN), is pleased to announce the opening of a new Class A self-storage facility in Toronto, Ontario, Canada. Strategically located at 494 Gilbert Avenue, the six-story facility features approximately 120,000 net rentable

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