Lastest from Businesswire

TORONTO--(BUSINESS WIRE)--Canadian pension plans marked a positive finish to the first half of 2025, according to the Northern Trust Canada Universe. The median Canadian Pension Plan returned 0.6% for the second quarter and 1.8% year-to-date for the period ending June 30, 2025. The second quarter saw conflict in the Middle East and many similarities to the first three months of the year, including tariff friction, geopolitical tension, and their cascading impact on global growth. One factor tha

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa+” (Superior) of the members of The Hartford Steam Boiler Group (HSB). The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed listing of the companies.) The ratings reflect HSB’s balance sheet strength, which AM Best assesses as strongest, as well as its very strong operating performance, favorable bu

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases a new conduit CMBS default and loss study that updates our previous observations on the credit behavior of conduit loans. This KBRA report provides insights into the property, loan, and financial characteristics that contributed to conduit loan defaults and losses over the 29-year study period. Given the current popularity of five-year conduit loans—driven by borrower hesitancy to lock in longer-term financing—we have added an addendum that compares defa

LOS ANGELES--(BUSINESS WIRE)-- #PLM--Companies large and small across the U.S. share a growing demand for skilled entry-level workers but see a gap in needed skills and certifications among candidates. Most of them believe additional job training and exposure in high school would help significantly. Lifelong Learning Administration Corporation (LLAC), a nonprofit that provides administrative and operational support to schools, commissioned an independent survey1 designed to reveal employer opinions ab

CHARLESTOWN, Mass.--(BUSINESS WIRE)--Hallmark Health Care Solutions, a leading healthcare workforce management technology company, today announced the appointment of Andrea Mazzoccoli, RN, MSN, MBA, PhD, FAAN, as the company’s first-ever Chief Nursing Officer (CNO). While nurses have always been part of Hallmark’s DNA, the appointment of a CNO marks a strategic evolution, elevating clinical insight to the executive level. The move comes at a time when the healthcare industry faces intensifying

KANSAS CITY, Mo.--(BUSINESS WIRE)--Spotlight, the world’s largest analyst relations (AR) agency, today announced a strategic partnership with Profound, the first platform designed to help enterprises understand and improve their visibility in AI search. This collaboration gives B2B technology companies a powerful competitive advantage: Profound’s AI search analytics and optimization tools, combined with Spotlight’s expert guidance on managing reputation across two of AI’s most trusted sources –

BOSTON--(BUSINESS WIRE)--Landon Capital Partners (“LCP”), a leading lower-middle-market private equity firm, alongside its partner Greens Farms Capital, announced on July 31, 2025, the sale of iMemories to Ancestry. Headquartered in Scottsdale, Arizona, iMemories has digitized more than 100 million memories for over one million families across the U.S. and is the market leader in this space. Ancestry, based in Lehi, UT, is the world leader in family history and consumer genomics. The acquisitio

GREENWICH, Conn.--(BUSINESS WIRE)-- #IBKR--Interactive Brokers (Nasdaq: IBKR) today announced the official launch of Version 1.0 of IBKR Desktop.

TAMPA, Fla.--(BUSINESS WIRE)--Loci Capital (“Loci”), a diversified real estate investment firm, today announced the acquisition of a six-building, 230,000-square-foot small-bay industrial portfolio in West Park, Florida, in partnership with Hersh Equity Group (“HEG”). The portfolio, strategically located within the Fort Lauderdale MSA, consists of 116 suites averaging 1,000–2,000 square feet. The properties are positioned adjacent to a Home Depot and cater to the growing demand from small, serv

BOSTON & STAFFORDSHIRE, England--(BUSINESS WIRE)--Instem announces the acquisition of Xybion Digital

BOSTON & MANCHESTER, England--(BUSINESS WIRE)--Growth and momentum continue for Summize and its intuitive AI-powered CLM solution as the company announced its fifth consecutive year of 100% ARR growth. Summize grew its U.S. ARR by 215% and increased its global employee headcount by 49% in its latest fiscal year (ending June 2025). In the last 12 months, the company has achieved key milestones in customer success, product development, team expansion, and widespread industry recognition for its i

SAN FRANCISCO--(BUSINESS WIRE)-- #AndersenConsulting--Andersen Consulting adds to its human capital capabilities through a Collaboration Agreement with Omni HR Consulting.

BOSTON--(BUSINESS WIRE)--The Eaton Vance closed-end funds listed below released today the estimated sources of their July distributions (each a “Fund”). This press release is issued as required by the Funds’ managed distribution plan (Plan) and an exemptive order received from the U.S. Securities and Exchange Commission. The Board of Trustees has approved the implementation of the Plan to make monthly, as noted below, cash distributions to common shareholders, stated in terms of a fixed amount

TAMPA, Fla.--(BUSINESS WIRE)--AtlasClear Holdings, Inc. (“AtlasClear Holdings” or the “Company”) (NYSE American: ATCH) has provided an update for their proposed financing and partnership with Hanire LLC. “At the request of shareholders, we want to update the market on the previously announced Hanire investment agreements and the improvements to the transaction for our shareholders, which we anticipate funding shortly,” said Craig Ridenhour, President, AtlasClear Holdings. The agreed upon amende

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“First Trust”), a leading exchange-traded fund (“ETF”) provider and asset manager, announced today that it has launched a new ETF, the First Trust Bloomberg Nuclear Power ETF (NYSE Arca: RCTR) (the “fund”). The fund seeks investment results that correspond generally to the price and yield (before the fund’s fees and expenses) of the Bloomberg Nuclear Power Index (the “index”). The index is designed to track the performance of companies

RESTON, Va.--(BUSINESS WIRE)--Transaction Network Services (TNS) has expanded its global market data and connectivity infrastructure through the addition of six leading equities and derivatives exchanges across Latin America: the Mexican Stock Exchange (BMV), the Mexican Derivatives Exchange (MexDer), Argentina’s BYMA, Chile’s Santiago Stock Exchange, Peru’s Bolsa de Valores de Lima (BVL), and Colombia’s Bolsa de Valores de Colombia (BVC). This expansion represents a significant step forward in

CHICAGO & PHILADELPHIA--(BUSINESS WIRE)--Onbe, a leading corporate payouts platform has partnered with B2B financial services provider Allied Solutions to help financial institutions, finance companies, dealerships and their clients modernize the automotive refund process. Allied Solutions’ Refund Plus® solution offers comprehensive support for issuing refunds following the cancellation of aftermarket products including Guaranteed Asset Protection (GAP), Vehicle Service Contracts, and Credit Li

NEW YORK--(BUSINESS WIRE)--Voya Investment Management (Voya IM), the asset management business of Voya Financial, Inc. (NYSE: VOYA), today announced key additions to its Distribution team and the launch of a new practice management initiative, underscoring its commitment to the Intermediary channel. Three senior leaders have joined Voya IM’s Distribution team, reporting to Tiffani Potesta, head of Distribution: Lynn Flaherty will join mid-August as head of Marketing. In this role, Flaherty will

OAKLAND, Calif.--(BUSINESS WIRE)--Today, Square unveiled new data on the restaurant industry in 2025, which is finding its footing amid economic uncertainty. As consumer confidence dips, so does tipping In Q1 2025, Square found that the average tip on food and beverage transactions was 15.17%, and this continued to fall into Q2 with the average tip coming in at 14.99%, aligned to dropping consumer confidence in the economy. Bars regularly receive the highest tips; in Q1 their average tip was 17

SEATTLE--(BUSINESS WIRE)--doxo, the innovative, all-in-one bill payment platform, announced today it has been recognized as a Great Place To Work for 2025. The prestigious award is based entirely on what current employees say about their experience working at doxo, and survey results revealed that 98% of employees said doxo is a great place to work – 41 points higher than the average U.S. company. Great Place To Work® is the global authority on workplace culture, employee experience, and the le