Lastest from Businesswire
National Plaintiffs’ Law Firm Lieff Cabraser Announces Cessna Citation CJ4 Corrosion Defect Investigation
NEW YORK--(BUSINESS WIRE)--National Plaintiffs’ Law Firm Lieff Cabraser Announces Cessna Citation CJ4 Corrosion Defect Investigation
FCL Appoints Mike Davis as Chief Executive Officer to Lead Next Chapter of Growth and Innovation
SUGARLAND, Texas--(BUSINESS WIRE)--First Continental Life & Accident Insurance Company (FCL) , a leader in delivering high-quality dental care coverage, is pleased to announce the appointment of Mike Davis as Chief Executive Officer, effective August 5. This leadership transition marks a new chapter for FCL as the company continues to scale its operations and expand its impact in the healthcare space. With nearly 30 years of experience in the insurance and dental industries, Davis brings a
WestWater Research Expands into Texas Amid Historic $20 Billion Water Infrastructure Investment into Water Supply and Flood Protection
AUSTIN, Texas--(BUSINESS WIRE)--WestWater Research (“WestWater” or the “Company”), the leading advisory firm specializing in water rights and water markets in the United States, today announced its strategic expansion into the Texas market and the hiring of Sharlene Leurig as its first Texas Regional Director. The timing of WestWater’s expansion aligns with a historic moment for Texas water infrastructure. In late May, the Texas Legislature passed Senate Bill 7, which addresses critical water i
Horace Mann Launches Nationwide Classroom Makeover Giveaway of $25,000 in Lakeshore Learning Furniture and Materials
SPRINGFIELD, Ill.--(BUSINESS WIRE)--Horace Mann, the largest multiline financial services company focused on helping America’s educators and others who serve the community achieve lifelong financial success, is launching a nationwide sweepstakes to award a $25,000 classroom makeover. The makeover will include furniture and materials from Lakeshore Learning, a leading developer and retailer of educational materials. In addition, hundreds of educators will receive gift cards and back-to-school ce
ExchangeRight Fully Subscribes $62 Million Net-Leased Portfolio 69 DST, Expanding Essential Income REIT Pipeline
PASADENA, Calif.--(BUSINESS WIRE)-- #1031exchange--ExchangeRight has announced the full subscription of Net-Leased Portfolio 69 DST, reflecting continued demand for the company’s historically recession-resilient, diversified net-leased offerings that support ExchangeRight’s Essential Income REIT’s growing acquisition pipeline. The $62 million portfolio of net-leased real estate, backed by primarily investment-grade companies operating in necessity-based industries, provides investors with monthly distributions
Eldridge Closes $120 Million Lease With Calumet
NEW YORK--(BUSINESS WIRE)--Eldridge Diversified Credit, the private, liquid, and asset-based credit investment strategy of Eldridge Capital Management (“Eldridge”), has announced the renewal and upsizing of its Shreveport, LA terminal lease facility with Calumet, Inc. (NASDAQ: CLMT) (“Calumet” or the “Company”). This transaction increases the assigned value of the subject terminal assets to $120 million and provides $80 million of net proceeds to Calumet to be used to reduce the Company’s outst
HSBC US Head of Wealth and Private Banking Racquel Oden Named to 2025 Forbes 50 Over 50 List of Visionary Women
NEW YORK--(BUSINESS WIRE)--HSBC is proud to announce that US Head of Wealth and Private Banking Racquel Oden has been named to Forbes 50 Over 50 —an annual celebration of dynamic women who are making their biggest impact after the age of 50. Now in its fifth year, Forbes 50 Over 50, presented in partnership with MSNBC's Mika Brzezinski and her Know Your Value initiative, honors women over the age of 50 who are breaking barriers and shaping the future across business, technology, arts, and socia
Figure Technology Solutions, Inc. Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering
NEW YORK--(BUSINESS WIRE)--Figure Technology Solutions, Inc. (“FTS”) today announced that it has confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the “SEC”), relating to the proposed initial public offering of its equity securities expected in 2025. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The offering is subject to market and other conditions, as well as th
Amberjack Capital Partners Announces Successful Exit of Entegra to NDT Global
HOUSTON--(BUSINESS WIRE)--Amberjack Capital Partners (“Amberjack”), a Houston-based private equity firm focused on critical infrastructure services, today announced the successful sale of its portfolio company Entegra to NDT Global. Entegra is a premium integrity and inspection company specializing in Ultra-High-Resolution Magnetic Flux Leakage (“UHR MFL”) in-line pipeline inspection services. NDT Global is a leading provider of advanced diagnostic inspection and integrity solutions for the ene
LVTX Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Lava Therapeutics N.V. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of LAVA Therapeutics N.V. (NASDAQ: LVTX) to XOMA Royalty Corporation is fair to LAVA shareholders. Under the terms of the proposed transaction, XOMA Royalty will acquire LAVA for $1.16 in cash per share, plus up to $0.08 per share and a non-transferable contingent value right per share representing the right to receive 75% of the net proceeds related to LAVA’s two partnered assets and 75%
Access Point Financial Successfully Completes $1.1 Billion Hospitality Loan Refinancing with ATLAS SP Partners
ATLANTA--(BUSINESS WIRE)--Access Point Financial announced the refinancing of $1.1 billion of floating rate mortgage loans backed by 67 properties with ATLAS SP Partners.
LMT INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Lockheed Martin Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements re Lockheed Martin business and prospects resulting in its stock trading at inflated prices.
PROS Announces Investor Conference Presentation Schedule for August 2025
HOUSTON--(BUSINESS WIRE)--PROS Holdings, Inc. (NYSE: PRO), a leading provider of AI-powered SaaS pricing and selling solutions, today announced that company management will participate in the following investor conferences which will include webcasted fireside chats in August 2025: KeyBanc Capital Markets Technology Leadership Forum Jeff Cotten, President & Chief Executive Officer, Stefan Schulz, Chief Financial Officer, and Belinda Overdeput, Head of Investor Relations Monday, August 11, 2
KKR Announces Offering of Senior Notes
NEW YORK--(BUSINESS WIRE)--KKR & Co. Inc. (“KKR”) (NYSE: KKR) today announced that it has commenced an offering of senior notes (the “notes”), subject to market and other conditions. The notes will be senior obligations of KKR and will be fully and unconditionally guaranteed by KKR Group Partnership L.P. KKR intends to use the net proceeds from the sale of the notes for repurchase and refinancing of existing indebtedness of its subsidiary, KKR Financial Holdings LLC, and the remaining amoun
Lazard Announces Results of Cash Tender Offer of Lazard Group LLC
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) announced today the expiration and final results of the previously announced cash tender offer (the “Tender Offer”) of its subsidiary Lazard Group LLC (“Lazard Group”) for any and all of its outstanding 3.625% Senior Notes due March 1, 2027 (the “Notes”). The Tender Offer expired at 5:00 p.m. (New York City time) on August 1, 2025 (the “Expiration Time”). The terms and conditions of the Tender Offer were described by Lazard Group in an Offer t
Rand Capital Reports Second Quarter 2025 Results
BUFFALO, N.Y.--(BUSINESS WIRE)--Rand Capital Corporation (Nasdaq: RAND) Reports Second Quarter 2025 Results
Small Business Sales Tick Up in July, Driven by Higher Average Ticket Sizes
MILWAUKEE--(BUSINESS WIRE)--Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, has published the Fiserv Small Business Index for July 2025, with the seasonally-adjusted Index rising 1 point to 149. Year-over-year sales (+3.6%) and transactions (+3.0%) remained strong, signaling the continued resilience of consumer spending. Average ticket sizes (+0.7%) also grew compared to 2024. Month-over-month sales (+1.0%) grew, reversing a three-month trend of
Priority Technology Holdings, Inc. Announces Closing of New Senior Credit Facilities with Lower Interest Rate
ALPHARETTA, Ga.--(BUSINESS WIRE)--Priority Technology Holdings, Inc. (NASDAQ: PRTH) ("Priority" or the "Company"), the payments and banking solution that streamlines collecting, storing, lending and sending money to unlock revenue opportunities, today announced the successful closing of $1.1 billion in new senior credit facilities, consisting of a $1 billion term loan with a 7-year maturity and a $100 million revolving credit facility with a 5-year maturity. The loan proceeds will be used to re
The New York Stock Exchange Appoints Bryan Daniel to Lead NYSE Texas and Announces Location of NYSE Texas Headquarters
NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced the appointment of Bryan Daniel as President, NYSE Texas and establishment of the headquarters of NYSE Texas. In this role, Bryan will report directly to Lynn Martin, President, NYSE Group. Daniel brings extensive experience in public policy, most recently serving as the Chairman of the Texas Workforce Commission (TWC) whe
Best’s Market Segment Report: Captive Insurance and Alternative Risk Entities Continue to Emerge and Excel
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--Rated U.S. captive insurance companies reported another strong year in 2024 and continued to outpace their commercial market peers despite a 14% drop in net income, according to a new AM Best report. The Best’s Special Report, “Captive and Alternative Risk Entities Continue to Emerge and Excel,” states that the population of AM Best-rated U.S. captives posted net income of $1.3 billion, down from $1.5 billion in the previous year. This result comes on the heels o