Feed aggregator

PORTLAND, Ore.--(BUSINESS WIRE)--EFM, a forest investment and management firm, today announced a new joint venture with Sojitz Corporation (Sojitz), through its 100% subsidiary Sojitz Corporation of America, which will establish a forestry investment fund to generate high-integrity carbon credits and promote climate-smart forest stewardship across the United States. The new entity, EFM Sojitz Management, LLC (ESM), will manage the fund and aims to raise approximately USD 200 million, with initi

NEW YORK--(BUSINESS WIRE)--HG Vora Capital Management, LLC (together with its affiliates, “HG Vora”) today responded to the actions the Board of Directors of PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) took on April 25, 2025, which included reducing the number of seats up for election at PENN’s 2025 Annual Meeting of Shareholders (the “Annual Meeting”) from three to two. HG Vora believes the Board’s self-serving action, taken in the face of the prospect of losing three Boa

CLEVELAND--(BUSINESS WIRE)--The Women in Manufacturing Association (WiM) announces that its fifth annual Moms in MFG virtual conference will take place on May 8, 2025. Moms in MFG is both an annual event and a sustained community to support parents and caregivers working in manufacturing. “Caregivers in manufacturing face real challenges when it comes to balancing their responsibilities at home and on the job,” said WiM President and Founder Allison Grealis. “The Moms in MFG Conference is desig

WALNUT CREEK, Calif.--(BUSINESS WIRE)--UBS Wealth Management US today announced that Shahan Avakian has joined the firm as a Financial Advisor. His team specializes in managing investments for non-profit organizations and homeowners’ associations, as well as traditional retirement planning for individuals, families, and business owners. Shahan is joined by Client Service Associate Jennifer Argento-Khashabi. They join the UBS Walnut Creek office, managed by Market Director Joshua Breeden. “On be

LOS ANGELES--(BUSINESS WIRE)--NIQ, a leading consumer intelligence company, today announced a strategic global collaboration with The Trade Desk, a global leader in advertising technology. The collaboration will integrate NIQ's consumer intelligence and global insights on shopping behaviors into The Trade Desk’s platform, supporting marketers to plan and activate ad campaigns more accurately. These new-to-market audiences, now available on The Trade Desk's media buying platform, will enable adv

LONDON--(BUSINESS WIRE)--Walker & Dunlop, Inc. (NYSE: WD) announced the expansion of its London-based brokerage and capital markets advisory team with the strategic hire of Javier Villanueva as managing director. Villanueva, an Eastdil Secured veteran, will report into Claudio V.R. Sgobba, senior managing director and Head of EMEA Capital Markets. He will be responsible for leading the structuring and execution of capital solutions across all property types and jurisdictions throughout Euro

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases a report on U.S. commercial mortgage-backed securities (CMBS) loan performance trends observed in the April 2025 servicer reporting period. The delinquency rate among KBRA-rated U.S. private label CMBS in April increased to 7.1% from 6.8% in March. The total delinquent plus current but specially serviced loan rate (collectively, the distress rate) increased 25 basis points (bps) to 10%. Other than the industrial sector, all major property types continue

WEST PALM BEACH, Fla.--(BUSINESS WIRE)-- #comvest--Comvest Credit Partners, a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent and is the sole lender on a senior secured credit facility (the “Financing”) for Wheeler Fleet Solutions (“Wheeler” or the “Company”), a leading aftermarket truck parts distribution company based in Somerset, Pa. The Financing supported the acquisition of the Company from VSE Corpor

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Broward Health is pleased to announce that S&P Global Ratings has upgraded its long-term rating on Broward Health’s 2017B revenue bonds from 'A-' to 'A+'. Jumping two ratings at S&P is a rare achievement, particularly in today’s healthcare economic landscape, and underscores significant improvements in Broward Health’s financial stability and operational performance. The outlook remains stable. “The upgrade reflects the S&P Global Ratings’ vie

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces that a shareholder filed a class action on behalf of purchasers of NAPCO Security Technologies, Inc. (NASDAQ: NSSC) securities between February 5, 2024 and February 3, 2025, both dates inclusive (the “Class Period”). NAPCO develops, manufactures, and sells security devices and provides cellular communication services for intrusion and fire alarm systems. For more information, submit a form, email attorney Ph

NEW ORLEANS--(BUSINESS WIRE)--Today, Nacha and the U.S. Faster Payments Council announced that 161 payments professionals successfully passed the inaugural Accredited Faster Payment Professional (AFPP) exam, marking an important milestone in demonstrating expertise and commitment within the faster payments ecosystem. The AFPP accreditation, developed as a collaboration between Nacha and the U.S. Faster Payments Council (FPC), with assistance from Payments Associations and other leading payments

SUNNYVALE, Calif.--(BUSINESS WIRE)--Jumio, the leading provider of automated, AI-driven biometric identity verification, risk signals and compliance solutions, today announced its recognition as a Cutting Edge Fraud Prevention Solution by Cyber Defense Magazine as part of the 13th annual Global InfoSec Awards. Jumio was recognized for its innovative approach to identity verification and fraud prevention at a time when sophisticated AI-driven cyber threats are accelerating. The Jumio Platform co

LOS ANGELES--(BUSINESS WIRE)--RDUS Investors Have the Opportunity to Join Investigation of Radius Recycling, Inc. with the Schall Law Firm

HOUSTON--(BUSINESS WIRE)--Acclaimed trial lawyer Rusty Hardin has been named among the nation’s most prominent managing partners in Lawdragon’s 2025 100 Managing Partners You Need to Know guide. Lawdragon says the global list, which highlights Mr. Hardin’s leadership and his continued impact on the legal profession, recognizes “the most admired figures in law firm leadership.” “For nearly 30 years, we have built this firm with a commitment to integrity, hard work, and outstanding advocacy,” sai

PURCHASE, N.Y.--(BUSINESS WIRE)--Mastercard is advancing the future of payments, finance and technology with new, global end-to-end stablecoin acceptance and payments capabilities. With increasing global regulatory clarity, stablecoins are evolving from crypto trading tools to essential solutions that bring efficiency and programmability to payments, disbursements, and remittances. Harnessing this potential, Mastercard is ensuring that people and businesses can make and receive stablecoin payme

ATLANTA--(BUSINESS WIRE)--treXis, a leader in digital banking solutions, announced the launch of X Banking™, a transformative, license-free platform built to help financial institutions modernize legacy systems, unify fragmented architecture, own their data, and take control of their digital future. Engineered to exceed the regulatory demands of Super Regional and National Banks, X Banking™ delivers immediate value, without licensing fees or restrictive vendor lock-ins. As banks face increasing

LOS ANGELES--(BUSINESS WIRE)--CAR Investors Have Opportunity to Lead Avis Budget Group, Inc. Securities Fraud Lawsuit with the Schall Law Firm

ST. LOUIS--(BUSINESS WIRE)--Perficient receives two awards for customer excellence, highlighting its commitment to delivering exceptional digital experiences to its clients.

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces that a shareholder filed a class action on behalf of purchasers of securities of Avis Budget Group, Inc. (NASDAQ: CAR) between February 16, 2024 and February 10, 2025. Avis Budget describes itself as a company that “provides car and truck rentals, car sharing, and ancillary products and services to businesses and consumers in the Americas, Europe, the Middle East and Africa, Asia, and Australasia.” For more

LUXEMBOURG--(BUSINESS WIRE)--JAB today announced that Peter Harf, 78, has decided to retire after a distinguished career, including more than 40 years at JAB. He will remain fully invested in the firm and will also continue to serve as Chairman of the Board and Managing Director of Alfred Landecker Foundation, a non-profit organization founded by the Reimann family. “Peter is the visionary founder of JAB. He transformed Benckiser, a medium-sized chemical and industrial manufacturing company bas