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Western Alliance Bank-Funded Danny’s Home for Heroes Celebrates Grand Opening
PHOENIX--(BUSINESS WIRE)--Western Alliance Bank-Funded Danny’s Home for Heroes Celebrates Grand Opening.
Popular, Inc. Declares a Cash Dividend of $0.70 per Common Share
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (NASDAQ: BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.70 per share on its outstanding common stock. The dividend will be payable on July 1, 2025 to shareholders of record at the close of business on May 29, 2025. About Popular, Inc. Popular, Inc. (NASDAQ: BPOP) is the leading financial institution by both assets and deposits in Puerto Rico and ranks among the top 50 U.S. bank holding companie
IRALOGIX Celebrates 10 Years of Retaining Assets and Driving Revenues for Wealth Management Partners
PITTSBURGH--(BUSINESS WIRE)--IRALOGIX, the retirement industry’s leading fintech provider, today marked its 10th anniversary, underscoring a decade of growth, innovation, and impact in reshaping how the wealth management industry serves retirement investors. “What makes IRALOGIX stand out is how we’ve balanced innovation with execution,” said Peter de Silva, CEO. “We’re constantly improving, but always focused on solving real-world problems. This anniversary is a great moment to reflect, but it
PitchBook Strengthens Leadership in Global Capital Market Data Coverage
SEATTLE--(BUSINESS WIRE)--PitchBook, the premier data provider for the private and public equity and credit markets, has released its bi-annual snapshot of data coverage across the global financial markets. This update highlights PitchBook’s unparalleled data coverage through its expanded platform, reinforcing its status as the essential source of information for all private capital market participants. The snapshot provides transparency into PitchBook’s extensive data coverage and collection p
KBRA Assigns Preliminary Ratings to Cherry Securitization Trust 2025-1
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to four classes of notes issued by Cherry Securitization Trust 2025-1 ("CHRY 2025-1"), a consumer loan retail installment contract ABS transaction. The preliminary ratings reflect initial credit enhancement levels ranging from 23.37% for the Class A notes to 3.62% for the Class D notes. Credit enhancement on the notes is comprised of overcollateralization, subordination of junior note classes (except for the Class D notes), a cash rese
KBRA Assigns Preliminary Ratings to Santander Mortgage Asset Receivable Trust 2025-NQM2 (SAN 2025-NQM2)
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to eight classes of mortgage-backed notes from Santander Mortgage Asset Receivable Trust 2025-NQM2 (SAN 2025-NQM2), a $288.6 million non-prime RMBS transaction. The underlying collateral, comprised of 679 residential mortgages, is characterized by a significant concentration of loans underwritten using alternative income documentation. Approximately 58.4% of the loans were exempt from the ATR/QM rule due to being originated for busines
Jury Orders Johnson & Johnson to Pay $3 Million in Mesothelioma Death of New Orleans Woman
NEW ORLEANS--(BUSINESS WIRE)--A jury has awarded $3 million to the family of Jeanine Henderson, a 72-year-old mother from New Orleans who died from mesothelioma, a rare and incurable cancer caused by asbestos exposure, after a lifetime of using Johnson & Johnson’s Baby Powder. After a two-month trial, attorneys from Dean Omar Branham Shirley successfully proved that Ms. Henderson’s daily use of the talc-based powder was directly linked to her illness. The legal team also presented clear evi
Independent Proxy Advisory Firm Glass Lewis Recommends National Health Investors Stockholders Vote FOR Both of Land & Buildings’ Director Nominees
STAMFORD, Conn.--(BUSINESS WIRE)--Today, Land & Buildings Investment Management, LLC (together with its affiliates, “Land & Buildings”), a significant stockholder of National Health Investors, Inc. (NYSE: NHI) (“NHI” or the “Company”), announced that independent proxy advisory firm Glass, Lewis & Co., LLC (“Glass Lewis”) has recommended that stockholders vote “FOR” the election of Land & Buildings’ independent nominees – Jim Hoffmann and Adam Troso – to the Company’s Board of Di
Deadline Alert: Napco Security Technologies, Inc. (NSSC) Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP reminds investors of the upcoming June 24, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Napco Security Technologies, Inc. (“Napco” or the “Company”) (NASDAQ: NSSC) securities between February 5, 2024, to February 3, 2025, inclusive (the “Class Period”). IF YOU SUFFERED A LOSS ON YOUR NAPCO INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUIN
Mowery & Schoenfeld Launches Lincolnshire Capital Advisors to Enhance M&A and Strategic Advisory Services
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Boutique investment firm Lincolnshire Capital Advisors provides strategic capital advisory and deal advisory services to middle-market businesses.
Redwood Services Announces Strategic Investment from Altas Partners
MEMPHIS, Tenn.--(BUSINESS WIRE)--Redwood Services (“Redwood”), a leading national platform in the essential home services sector, today announced a significant equity investment from Altas Partners (“Altas”), a North American investment firm. The transaction, expected to close in the second quarter of 2025 pending regulatory approvals, marks the expansion of Redwood’s investor group alongside founding backer Union Main Group. Terms of the transaction were not disclosed. Today, Redwood supports
Northern Trust Asset Management Appoints Global Co-Chief Investment Officers
CHICAGO--(BUSINESS WIRE)--Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.3 trillion in assets under management as of March 31, 2025, has appointed Michael Hunstad, PhD and Christian (Chris) Roth, CFA as Global Co-Chief Investment Officers, effective June 1, 2025. Hunstad and Roth will oversee NTAM’s investment performance, process and philosophy. They will co-chair the Investment Policy Committee and lead the equity, fixed income, multi-asset and alt
Johnson Fistel, PLLP investigates Compass Diversified on Behalf of Shareholders Who Incurred Losses
SAN DIEGO--(BUSINESS WIRE)--Johnson Fistel, PLLP is investigating whether Compass Diversified (NYSE: CODI) or any of its executive officers or others violated securities laws by misrepresenting or failing to timely disclose information to investors. What if I purchased Compass securities? If you purchased securities and suffered losses on your investment, join our investigation now: https://www.cognitoforms.com/JohnsonFistel/CompassDiversifiedNYSECODI For more information, contact Jim Baker at
New Sallie Mae and Ipsos Study ‘How America Succeeds After College 2025’ Finds 90% of Recent Grads Had A Positive College Experience
NEWARK, Del.--(BUSINESS WIRE)--Nine in 10 recent college graduates say they had a positive college experience, and 84% maintain a positive outlook on their lives overall, according to the newly released national study, “How America Succeeds After College 2025,” by Sallie Mae and Ipsos. The study reveals 82% of recent graduates are employed, with 74% working in a field related to their degree. Just 14% of recent graduates say they feel unsuccessful after college. In addition, of the 47% of recen
Fastest-Growing U.S. Real Estate Firm Launches Aperture Global, a New International Luxury Brokerage
LAKE MARY, Fla.--(BUSINESS WIRE)--LPT Holdings is proud to announce its new global luxury real estate brand, Aperture Global Real Estate, has launched today. As the first independent luxury brokerage to debut with a global launch at inception, Aperture enters the market with a groundbreaking international footprint. The brand is launching in 15 U.S. states and four international cities, including key markets such as Miami, London, New York, Toronto, and Lisbon — with nearly 20 more global locat
Bain Capital and Oliver Street Capital Acquire 11-Property Infill Industrial Portfolio in Northern New Jersey
BOSTON--(BUSINESS WIRE)--Bain Capital and Oliver Street Capital (“OSC”) announced the acquisition of an industrial portfolio primarily located in the Northern New Jersey market for $208 million. The private, off-market transaction was completed via a joint venture between Bain Capital’s Real Estate team and OSC that focuses on acquiring high-quality, infill industrial properties in select, supply-constrained markets. The value-add portfolio consists of 11 Class B warehouses spread across top in
Empower Reports Base Earnings of $255M in First Quarter, up 13% Year Over Year
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Empower announced today it has achieved base earnings of $255 million for the first quarter of 2025, up 13% from the same period in 2024. The retirement services and wealth management provider added approximately $42 billion in assets under administration to its Workplace Solutions unit over the past 12 months ending March 31, 2025, which includes 700,000 new participants and 12,000 new plans. In addition, Empower Personal WealthTM, the firm’s wealth m
Mental Health Awareness Month: AXIS/Harris Poll Survey Finds Nearly 9 in 10 (88%) Insurance Employees Acknowledge Widespread Stress and Anxiety in the Industry
PEMBROKE, Bermuda--(BUSINESS WIRE)---- $AXS #insurance--Timed to the start of Mental Health Awareness Month, AXIS Capital Holdings Limited (“AXIS Capital” or the “Company”) (NYSE: AXS) partnered with The Harris Poll to survey the state of mental health within the insurance profession. The research findings revealed a number of trends pointing to widespread and rising stress and anxiety; a desire for better mental health support; and a belief that insurance trails other industries in prioritizing mental health init
Unum Group Names Shelia Anderson Executive Vice President, Chief Information and Digital Officer
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group (NYSE: UNM) has appointed Shelia Anderson as executive vice president and chief information and digital officer. In this role, Anderson will lead the company’s digital transformation organization responsible for designing and building innovative technology solutions that drive growth and improve the lives of Unum’s customers. Anderson will report to Rick McKenney, president and chief executive officer at Unum Group. “Our commitment to innovation e
The Inaugural MOXIECON & MOXIE Awards Winners are Announced by Springboard Consulting
CHARLESTON, S.C.--(BUSINESS WIRE)-- #ability--Springboard Consulting honors companies that, despite external forces, are staying the course in their commitment to people who have disabilities.