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Majesco and Vertex Announce Partnership to Deliver Advanced Tax Solutions for Disability Claims and Absence Management
MORRISTOWN, N.J.--(BUSINESS WIRE)-- #futureforecast--Majesco, a global leader in cloud insurance software solutions, is excited to announce a partnership with Vertex Inc., a global provider of indirect tax technology solutions. This partnership introduces the Majesco ClaimVantage solution utilizing Vertex tax expertise, delivering a transformative tax solution designed to empower customers with a comprehensive, seamless, and automated tax calculation solution for disability claims and absence management. Since 1
Nodal Exchange Achieves New Records in All Markets in April
WASHINGTON--(BUSINESS WIRE)--Nodal Exchange announced today new records in power, natural gas, and environmental futures trading.
Vivo Capital Closes Its Public Fund with Commitments of Over $740 Million
PALO ALTO, Calif.--(BUSINESS WIRE)--Vivo Capital (“Vivo” or “the Firm”), a leading global investment firm focused exclusively on healthcare and life sciences, has closed the third cycle of its Vivo Opportunity Fund and its affiliates (the “Public Fund”) with over $740 million in commitments. The Public Fund invests in preclinical and clinical stage life sciences businesses that are developing or commercializing novel therapies for unmet medical needs. Vivo Opportunity Fund is an evergreen fund
Financial Anxiety at an All-Time High as Americans Struggle With Access to Care
SAN FRANCISCO--(BUSINESS WIRE)--Survey from Doctor On Demand by Included Health shows financial anxiety is at an all-time high, with most Americans feeling its toll on mental health.
KlariVis Expands Sales Team to Meet Growing Demand from Community Banks
ROANOKE, Va.--(BUSINESS WIRE)--KlariVis, a leading provider of data analytics solutions for financial institutions, is expanding its sales team to meet the increasing demand for simplified, actionable data insights among community banks nationwide. To support this growth, the company has welcomed six new Sales Executives—Graham Waldrop, Meaghan Kincaid, Heather Knight, Martin Horak, Nathan Neblung and Taylor Hamm—who will strengthen KlariVis’ presence across the U.S. “The demand for KlariVis co
Majority of public sector workers need help determining how much to save for retirement, a new MissionSquare Research Institute report finds
WASHINGTON--(BUSINESS WIRE)--A new research report from MissionSquare Research Institute reveals that a majority of public sector employees surveyed, particularly those in education, public safety, and health and human services, lack the guidance they need to confidently prepare for retirement. According to the report, “Addressing Retirement Security Concerns of Employees in State and Local Government by Occupation,” a majority (60%) of surveyed employees indicate they need more support in unde
BuzzFeed, Inc. Reports Q1 2025 Results and Continues to Advance High-Margin Revenue Lines and Strategy for Long-Term Growth
NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. (“BuzzFeed” or the “Company”) (Nasdaq: BZFD) today announced its financial results for the quarter ended March 31, 2025. The Company continued to execute on its strategy to improve profitability, expand scalable, high-margin revenue streams, and invest in future-oriented innovation. “This quarter reflects the strength of our core publishing business and the momentum we’re building with AI-assisted tools,” said Jonah Peretti, BuzzFeed Founder and CEO. “E
Awayday Announces Strategic Investment by Ares Management and LightBay Capital
DESTIN, Fla.--(BUSINESS WIRE)--Awayday (the “Company”), a leading full-service U.S. vacation rental property manager, today announced a strategic investment made by an Ares Management Private Equity fund (“Ares”). The existing financial sponsor, LightBay Capital (“LightBay”), a Los Angeles-based growth-focused private equity firm, fully realized its investment in Fund I and re-invested in the Company alongside Ares in Fund II. Terms of the investment were not disclosed. Awayday is a leading pro
Prudential Fosters Advancement of Fintech Research by Joining CRAFT Industry Board at Stevens Institute of Technology
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) announced today it has joined the Industry Advisory Board of the Center for Research toward Advancing Financial Technologies (CRAFT) at Stevens Institute of Technology. As a board member, Prudential will partner with leading research universities, including Rensselaer Polytechnic Institute and the University of Connecticut, to address the opportunities and challenges in financial technology. With its focus on expanding access
HG Vora Commences Lawsuit Against PENN Entertainment to Preserve the Fundamental Right of Shareholders to Elect All Three of Its Highly Qualified Independent Directors
NEW YORK--(BUSINESS WIRE)--HG Vora Capital Management, LLC (together with its affiliates, “HG Vora”) today filed a complaint in the United States District Court for the Eastern District of Pennsylvania (the “Court”) against PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) and its Board of Directors (the “Board”). The complaint alleges that PENN violated Pennsylvania’s Business Corporation Law and the Board breached its fiduciary duties when it reduced the number of seats up for
BizCap® Delivers Multi-Million Dollar Financing to Cerebelly, Producer of Organic Baby and Toddler Food
SAN FRANCISCO--(BUSINESS WIRE)-- #commercial--BizCap®, a national commercial finance and advisory firm, today announced that it has successfully structured and secured a comprehensive financing package for Cerebelly, a leading producer of organic, nutrient-rich baby and toddler food formulated to support brain development. The financing will empower the company to invest in inventory and strengthen working capital, accelerating its long-term growth plan. “BizCap didn’t come in with a one-size-fits-all soluti
Santander US Auto Business Wins 2025 FICO Decisions Award for Machine Learning Credit Risk Analysis
HOLLYWOOD, Fla.--(BUSINESS WIRE)---- $FICO--FICO World 25 – FICO (NYSE: FICO): Highlights: The Santander US Auto business uses FICO® Platform to enhance the use of machine learning capabilities to support credit risk analysis. FICO Platform enables Santander US Auto to build an analytical framework for creating reusable, efficient systems that reduce development time. The Santander US Auto business has won a 2025 FICO® Decisions Award for category AI, Machine Learning & Optimization. At its FICO® Wor
Pathward CEO Brett Pharr Honored as Silver Stevie® Award Winner in 2025 American Business Awards®
FRANKLIN, Tenn.--(BUSINESS WIRE)--Pathward®, N.A., a national bank focused on financial access, today announced that Chief Executive Officer Brett Pharr has been named the winner of a Silver Stevie® Award for Maverick of the Year in the Business Services Industries category in the 23rd Annual American Business Awards®. The Maverick of the Year award recognizes an executive or manager who has affected the most positive change on his or her company and/or industry since the beginning of 2023. The
Industrial Thermal Services Expands National Reach with Acquisition of On-Site Stress Relieving Services
NEDERLAND, Texas--(BUSINESS WIRE)--Industrial Thermal Services (ITS), a leading provider of industrial heat treatment and specialty services, has acquired On-Site Stress Relieving Services (OSR), a regional expert in post-weld heat treating (PWHT) and stress relieving. Carriage Hill acted as advisor to Industrial Thermal Services on the transaction. Supported by Amberjack Capital Partners, the acquisition strengthens ITS’s national footprint, adding OSR’s locations in Tulsa, OK; Houston, TX; an
Encore Enterprises Acquires Grocery-Anchored Retail Centers in Chicago and Rhode Island, Growing Commercial Portfolio to 26 Properties, 1.41 Million Square Feet
DALLAS--(BUSINESS WIRE)--Encore Enterprises, Inc. (Encore) today announced the acquisition of two grocery-anchored retail shopping centers – Northpoint Center in Arlington Heights, Ill., and Cowesett Corners in Warwick, R.I., on April 24, 2025. The retail centers were acquired through a new co-general partnership with AmCap Management Holdings LLC (AmCap), a wholly owned subsidiary of AmCap Management LLC. “The grocery-anchored retail sector continues to demonstrate resilience over prior years,
Global Indemnity Group, LLC Reports First Quarter 2025 Results
WILMINGTON, Del.--(BUSINESS WIRE)--Global Indemnity Group, LLC (NYSE:GBLI) (the “Company”) today reported a net loss available to common shareholders of $4.1 million or ($0.30) per share for the three months ended March 31, 2025 which includes net loss attributed to California Wildfire events in January 2025 (“California Wildfires”) of $12.2 million after tax. Highlights of Consolidated Results for the Three Months Ended March 31, 2025 Excluding California Wildfires, net income available to com
TPG Reports First Quarter 2025 Results
SAN FRANCISCO & FORT WORTH, Texas--(BUSINESS WIRE)--TPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm, reported its unaudited first quarter 2025 results. TPG issued a full detailed presentation of its first quarter ended March 31, 2025 results, which can be viewed through the Investor Relations section of TPG’s website at shareholders.tpg.com. “TPG’s investment performance and financial results for the first quarter continued to demonstrate the strength and durability o
EY US unveils Sean Brown of YCharts as an Entrepreneur Of The Year® 2025 Midwest Award finalist
CHICAGO--(BUSINESS WIRE)--Ernst & Young LLP (EY US) announced the finalists for the prestigious Entrepreneur Of The Year 2025 Midwest Award. Now in its 40th year, the Entrepreneur Of The Year program celebrates the bold leaders who disrupt markets through the world’s most ground-breaking companies, revolutionizing industries and making a profound impact on communities. The program honors bold entrepreneurs whose innovations shape the future and pave the way for a thriving economy and a hope
Vestmark Partners with Corient to Provide Consolidated Trading and Portfolio Management Across Entire Network of Advisors
WAKEFIELD, Mass.--(BUSINESS WIRE)--Vestmark, Inc., a leading wealth management software and services provider, announced today a strategic partnership with Corient, one of the nation’s largest and fastest-growing wealth advisors. Corient will utilize Vestmark’s portfolio management and trading technology solutions across its entire business. With Vestmark’s industry-leading technology, Corient will be able to consolidate investment solutions on one platform, centralizing portfolio management an
SoFi to Participate in Upcoming Investor Conference
SAN FRANCISCO--(BUSINESS WIRE)--SoFi Technologies, Inc. (NASDAQ: SOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, today announced that it will participate in an upcoming investor conference. SoFi’s CEO, Anthony Noto, will participate in a moderated fireside chat discussion at the JP Morgan Global Technology, Media and Communications Conference. Full session details for the conference appearance are as f