Lastest from Businesswire

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Equity Methods, a top-rated provider of valuation, financial reporting, and human resources advisory services related to equity compensation and other complex securities, announced that Palo Alto-based private equity group HGGC has acquired majority ownership of the firm from Montage Partners on April 28, 2025. HGGC, a values-driven, partnership-focused middle-market private equity firm with over $8 billion of cumulative capital commitments, will provide Equi

DALLAS--(BUSINESS WIRE)--Rising Phoenix Capital, a boutique investment firm specializing in oil and gas mineral royalty acquisitions, today announced a strategic purchase of mineral interests in Ector and Midland Counties, TX, operated by ConocoPhillips. This purchase strengthens the firm’s growing position in the core of the Midland Basin, widely regarded as one of the most prolific energy-producing regions in the United States. The acquisition was made through the Maroon Bells Fund, one of Ri

NEW YORK--(BUSINESS WIRE)--IFF (NYSE: IFF) announced today the commencement of tender offers to purchase for cash certain of its outstanding series of notes listed in the tables below (collectively, the “Notes”) for an aggregate purchase price, excluding accrued and unpaid interest, of up to $1.8 billion. Pool 1 Tender Offers Pool 1 Maximum Amount: $1.0 billion(1(a)) Title of Security CUSIP/ISIN Principal Amount Outstanding(in millions) Acceptance Priority Level(2) Series Tender Cap(3) U.S. Tre

ROCHESTER, N.Y.--(BUSINESS WIRE)--The Board of Directors of Paychex, Inc. declared a regular quarterly cash dividend on Paychex common stock of $1.08 per share, an increase of $0.10 (or 10%) from the prior quarterly dividend of $0.98 per share, payable on May 29, 2025 to shareholders of record as of May 12, 2025. “The increase to our dividend reflects the strength of our financial performance and free cash flow generation as well as the continued confidence in the future of our business,” said

WHIPPANY, N.J.--(BUSINESS WIRE)--MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc. (NYSE: MET), today announced that after a distinguished career spanning decades in the asset management industry, including eight years at MIM, Jude Driscoll will be retiring from the company, effective May 2. Brian Funk has been appointed as MIM’s interim president. Throughout his tenure, Driscoll played a critical role in advancing MIM’s strategic priorities, buil

PORTSMOUTH, N.H.--(BUSINESS WIRE)--Lorenz Private Trustees is pleased to announce the appointment of Matthew Santangelo as the second Private Trustee located in our Portsmouth, New Hampshire office. With his extensive experience and a distinguished career in fiduciary services, Matt brings a wealth of expertise that will enhance our team and the services that we provide to our clients. In his new role as Private Trustee, Matt will be serving as a professional, individual trustee and will be par

CHICAGO--(BUSINESS WIRE)--OCC, the world's largest equity derivatives clearing organization, today announced the appointment of Stephen Luparello as Chairman, succeeding Craig Donohue, who resigned to pursue another career opportunity. Mr. Luparello is a Public Director on OCC’s Board of Directors, most recently serving on the Compensation and Performance Committee (Chair) and the Regulatory Committee (Chair). He will serve as Chair for the remainder of Donohue’s term, which runs through April

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Open Lending Corporation (“Open Lending” or the “Company”) (NASDAQ: LPRO) securities between February 24, 2022 and March 31, 2025, inclusive (the “Class Period”). Open Lending investors have until June 30, 2025 to file a lead plaintiff motion. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN OPEN LENDING CORPORATION (LPRO), CONTACT THE LAW OFFICES

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Kohl's Corporation (“Kohl's” or the “Company”) (NYSE: KSS) investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN KOHL'S CORPORATION (KSS), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at

NEW YORK--(BUSINESS WIRE)--Mercer, a business of Marsh McLennan (NYSE: MMC) and a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people, today announced the completion of its previously announced acquisition of SECOR Asset Management. Terms of the transaction were not disclosed. SECOR serves the complex needs of institutional investors, with a range of end-to-end portfolio solutions, including i

PORTLAND, Ore.--(BUSINESS WIRE)--The Standard welcomes Mike Nanz as a regional vice president in Retirement Plans. In this role, he will collaborate with advisors, plan sponsors and third party administrators within an assigned territory in Pennsylvania. Nanz has more than 20 years of experience in the retirement industry and sales leadership, with previous roles as senior retirement sales executive at T. Rowe Price and regional sales director at Empower. He earned a bachelor’s degree in financ

NEW YORK--(BUSINESS WIRE)--Allvue Systems, LLC, a leading provider of technology solutions for the alternative investment industry, today announced a significant investment in its data and artificial intelligence capabilities. Underscoring Allvue’s relentless drive to innovate, the company dramatically expanded its R&D budget over the past year, funneling a 70% year-over-year increase in R&D funding into AI, data, and analytics-driven initiatives for the alternatives market. To spearhea

NEW YORK & SAN FRANCISCO--(BUSINESS WIRE)--Forge Global Holdings, Inc. (“Forge”) (NYSE: FRGE), a leading provider of marketplace infrastructure, data services, and technology and investment solutions for the private market, today announced that it has regained compliance with the New York Stock Exchange ("NYSE") continued listing criteria for minimum share price under Section 802.01C of the NYSE Listed Company Manual. On May 1, 2025, the NYSE provided Forge with a notification letter of complia

SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Resources, Inc. (the “Company”) [NYSE: BEN] today announced net income1 of $151.4 million or $0.26 per diluted share for the quarter ended March 31, 2025, as compared to $163.6 million or $0.29 per diluted share for the previous quarter, and $124.2 million or $0.23 per diluted share for the quarter ended March 31, 2024. Operating income was $145.6 million for the quarter ended March 31, 2025, as compared to $219.0 million for the previous quarter and

MELVILLE, N.Y.--(BUSINESS WIRE)---- $IDN #InvestorRelations--Intellicheck, Inc. (Nasdaq: IDN), an industry-leading identity company delivering proprietary on-demand digital and physical identification validation solutions, will report financial results for the first quarter ended March 31, 2025 on May 13, 2025 after the close of the U.S. stock markets. The Company will hold an earnings conference call on May 13 at 4:30 p.m. ET/1:30 p.m. PT to discuss operating results. To listen to the earnings conference call, please dia

NEW YORK--(BUSINESS WIRE)--Bankrate, a trusted name in financial guidance since 1976, today announced the launch of the Bankrate Data Center. This comprehensive online platform offers a curated collection of interactive and embeddable data sets illustrating decades of proprietary financial trends. The Bankrate Data Center is a central resource for journalists, researchers and academics featuring detailed charts and data on a wide range of financial topics. Key data includes weekly national hist

NEW YORK--(BUSINESS WIRE)--AlTi Global, Inc. (NASDAQ: ALTI), (“AlTi” or the “Company”), a leading independent global wealth manager with over $76 billion in combined assets, today announced that it completed the previously disclosed acquisition of Kontora on April 30, 2025. Kontora is a multi-family office and asset management company headquartered in Hamburg, Germany focused on UHNW families, entrepreneurs and select institutions, with assets under advisement and management of approximately Є1

DALLAS--(BUSINESS WIRE)--Regan Capital, an investment firm with approximately $2.6 billion in assets under management, today announced the launch of the Regan Fixed Rate MBS ETF (NYSE: MBSX), an actively managed exchange-traded fund that invests primarily in fixed rate Agency Residential Mortgage-Backed Securities (RMBS). Agency RMBS typically offer higher yields than Treasury bonds without significant additional risk, since Agency RMBS are backed by government sponsored entities, such as Fanni

NEW YORK & LONDON & MUMBAI, India--(BUSINESS WIRE)---- $WNS #AI--WNS (Holdings) Limited today announced that it will participate in Q2’25 Investor Conferences.

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Developers obtained permits to build 12.4 multifamily housing units for every 10,000 people in the U.S. over the past year, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That’s down 27.1% from 17 units per 10,000 people during the pandemic building boom, and down 5.5% from 13.1 units in the years leading up to the pandemic. This is according to a Redfin analysis of U.S. Census Bureau data covering bui