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On the Heels of 6X YOY Growth, Keep Company Announces First Chief Technology Officer, Zvi Band, and $1.4M Fundraising Round

Lastest from Businesswire - Wed, 04/24/2024 - 07:41
BETHESDA, Md.--(BUSINESS WIRE)--Keep Company Announces First CTO, Zvi Band, and $1.4M Fundraising Round

Airspeed Launches Culture Graph to Help Companies Measure the Cultural Health of Their Organization

Lastest from Businesswire - Wed, 04/24/2024 - 07:41
SAN FRANCISCO--(BUSINESS WIRE)-- #companyculture--Airspeed announces Culture Graph, a system that measures the strength of employee connections to help companies analyze their employee engagement.

Mr. Cooper Group Reports First Quarter 2024 Results

Lastest from Businesswire - Wed, 04/24/2024 - 07:41
DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) (the “Company”), reported first quarter income before income tax expense of $232 and net income of $181 million. Excluding other mark-to-market and other adjustments, the Company reported pretax operating income of $199 million. Adjustments included other mark-to-market net of hedges of $42 million and other items shown below in the reconciliation of GAAP and non-GAAP results. Chairman and CEO Jay Bray commented, “The company has sta

2024 Talent Experience Award Winners Celebrated at IAMPHENOM

Lastest from Businesswire - Wed, 04/24/2024 - 07:41
PHILADELPHIA--(BUSINESS WIRE)-- #HRTech--2024 Talent Experience Award Winners Recognized at IAMPHENOM

Airwallex Expands Payment Acceptance to the U.S., Cementing Its Position as a Leading One-Stop Financial Platform for Borderless Businesses

Lastest from Businesswire - Wed, 04/24/2024 - 07:41
SAN FRANCISCO--(BUSINESS WIRE)--Airwallex, a leading global payments and financial platform for modern businesses, today announced the U.S. launch of its payment acceptance solution. U.S.-based merchants can use the service to accept payments from domestic and international customers. Additionally, foreign merchants with U.S. entities can provide a localized payment experience to their U.S.-based customers, unlocking higher acceptance rates and lower operating costs. Airwallex now supports merc

Blackstone Mortgage Trust Reports First Quarter 2024 Results

Lastest from Businesswire - Wed, 04/24/2024 - 07:41
NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today reported its first quarter 2024 results. The net loss attributable to Blackstone Mortgage Trust for the quarter was $124 million. First quarter EPS, Distributable EPS, Distributable EPS prior to charge-offs, and dividends paid per basic share were ($0.71), $0.33, $0.65, and $0.62, respectively. Katie Keenan, Chief Executive Officer, said, “BXMT’s first quarter results reflect strong execution on key initiatives, with

Evercore Reports First Quarter 2024 Results; Increases Quarterly Dividend to $0.80 Per Share

Lastest from Businesswire - Wed, 04/24/2024 - 07:41
NEW YORK--(BUSINESS WIRE)--Evercore Inc. (NYSE: EVR):   First Quarter Results   U.S. GAAP   Adjusted   Q1 2024 Q1 2023   Q1 2024 Q1 2023 Net Revenues ($ mm) $ 580.8   $ 572.1     $ 587.3   $ 577.8   Operating Income ($ mm) $ 84.1   $ 106.9     $ 90.6   $ 115.5   Net Income Attributable to Evercore Inc. ($ mm) $ 85.7   $ 83.4     $ 92.9   $ 93.3   Diluted Earnings Per Share $ 2.09   $ 2.06     $ 2.13   $ 2.16   Compensation Ratio   66.8 %   64.1 %     66.0 %   63.5 % Operating Margin   14.5 %  

Central Pacific Financial Reports First Quarter 2024 Earnings of $12.9 Million

Lastest from Businesswire - Wed, 04/24/2024 - 07:41
HONOLULU--(BUSINESS WIRE)--Central Pacific Financial Corp. (NYSE: CPF) (the "Company"), parent company of Central Pacific Bank (the "Bank" or "CPB"), today reported net income of $12.9 million, or fully diluted earnings per share ("EPS") of $0.48 for the first quarter of 2024, compared to net income of $14.9 million, or EPS of $0.55 in the previous quarter and net income of $16.2 million, or EPS of $0.60 in the year-ago quarter. "Our financial results for the first quarter reflect our continued

Summit Bank Group Reports 2024 1st Quarter Earnings

Lastest from Businesswire - Wed, 04/24/2024 - 07:41
EUGENE, Ore.--(BUSINESS WIRE)-- #businessbanking--Summit Bank Group (OTC Pink: SBKO) Q1 2024 Net Income - $2.4 million or $0.31 per fully diluted share. Q1 2024 Net Income increased from $0.30 per share for Q1 2023 and $0.22 per share for Q4 2023. Cash and Securities totaled $149.9 million – 13.0 percent of assets. Year over year Net Loan Growth - $208.0 million or 27.3 percent. Year over year Deposit Growth - $84.1 million or 9.0 percent over March 31st 2023. Summit Bank Group reported net income for the first q

Hercules Capital Celebrates 20th Anniversary with $20.0 Billion in Cumulative Originations

Lastest from Businesswire - Wed, 04/24/2024 - 07:41
SAN MATEO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), is celebrating its 20th year of originations activity by reaching the $20.0 billion milestone in total debt commitments. Founded in December 2003, and originating its first deal in 2004, the Company’s mission was simple: Provide entrepreneurs with an alternative source of growth capital that complements a growth stage company’s existing institutional financing. Today, Hercules Capital is the l

Pacific Premier Bancorp, Inc. Announces First Quarter 2024 Financial Results and a Quarterly Cash Dividend of $0.33 Per Share

Lastest from Businesswire - Wed, 04/24/2024 - 07:41
IRVINE, Calif.--(BUSINESS WIRE)---- $PPBI #PPBI--Pacific Premier Bancorp, Inc. Announces First Quarter 2024 Financial Results and a Quarterly Cash Dividend of $0.33 Per Share

Vertiv Reports 60% Organic Orders Growth, 8% Net Sales Growth in First Quarter; Updates Full Year 2024 Outlook

Lastest from Businesswire - Wed, 04/24/2024 - 07:41
COLUMBUS, Ohio--(BUSINESS WIRE)--Vertiv Holdings Co (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today reported financial results for its first quarter ended March 31, 2024. Vertiv reported first quarter 2024 net sales of $1,639 million, an increase of $118 million, or 8%, compared to last year’s first quarter. The book-to-bill ratio was 1.5x in the first quarter and organic orders (excluding foreign exchange) increased 60% from last year’s first q

Astatine Investment Partners Acquires NRG Riverside

Lastest from Businesswire - Wed, 04/24/2024 - 07:41
GREENWICH, Conn.--(BUSINESS WIRE)--Astatine Investment Partners (“AIP” or “Astatine”, formerly Alinda Capital Partners), a leading private equity firm focused on infrastructure investments, today announced that with funds it manages it has acquired NRG Riverside (“NRG Riverside” or the “Company”), the UK’s leading rental provider of specialist waste collection vehicles, from Palatine and other shareholders. NRG Riverside leases, rents and maintains specialist vehicles such as waste collection t

Zuora Partners with Global Video Game Publisher Ubisoft to Power Its Subscription Services

Lastest from Businesswire - Wed, 04/24/2024 - 07:41
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Zuora, Inc. (NYSE: ZUO), a leading monetization suite for modern business, today announced that global video game publisher Ubisoft has adopted Zuora to power its Ubisoft+ and Rocksmith+ subscription services. Over the course of the partnership, Ubisoft has leveraged Zuora to scale its subscription business, automating and reducing friction in the billing, accounting and payment processes to accommodate online traffic increases of up to 200% during new gam

Marqeta Partners with OakNorth to Offer Commercial Cards in the UK, Embracing Growing Small and Medium-Sized Business Demand for Better Banking Tools

Lastest from Businesswire - Wed, 04/24/2024 - 04:41
OAKLAND, Calif.--(BUSINESS WIRE)---- $MQ #embeddedfinance--Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced a partnership with OakNorth, the digital bank for entrepreneurs, by entrepreneurs, to offer a commercial card for OakNorth’s Business Banking customers. Thanks to the speed, flexibility and reliability of Marqeta’s platform, OakNorth customers will be able to see a more holistic view of their finances and more efficie

Finance in Motion and Napier AI partner on AML for secure impact investments

Lastest from Businesswire - Wed, 04/24/2024 - 04:41
LONDON--(BUSINESS WIRE)--Napier AI, the London-based financial crime compliance RegTech, is pleased to announce that Napier AI Continuum has been selected as the anti-money laundering and counter terrorist financing (AML/CTF) platform for world-leading impact asset manager, Finance in Motion. Napier AI is providing its Client Screening solution and Client Risk Assessment module as part of the Napier AI Continuum platform to Finance in Motion, to support its global growth in generating positive

QUANEX INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Quanex Building Products Corporation - NX

Lastest from Businesswire - Wed, 04/24/2024 - 01:41
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Quanex Building Products Corporation (the “Company”) (NYSE: NX) and Tyman plc. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger is fair to Quanex shareholders. If you would like to discuss your legal rights regarding the proposed transaction, y

MATTERPORT INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Matterport, Inc. - MTTR

Lastest from Businesswire - Tue, 04/23/2024 - 22:41
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of the sale of Matterport, Inc. (NasdaqGM: MTTR) to CoStar Group, Inc. Under the terms of the proposed transaction, shareholders of Matterport will receive a mixture of cash and stock valued at $5.50 for each share of Matterport that they own. KSF is seeking to determine whether this consideration and the process

AGBA GROUP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of AGBA Group Holding Limited - AGBA

Lastest from Businesswire - Tue, 04/23/2024 - 22:41
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of AGBA Group Holding Limited (the “Company”) (NasdaqCM: AGBA) and Triller Corp. Upon completion of the proposed transaction, current AGBA shareholders will own 20% of the combined company. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger is fair

Seven New Hotels, Including Hotel Maya Long Beach, Sign with UNITE HERE Local 11, Raising the Total to 41 Agreements

Lastest from Businesswire - Tue, 04/23/2024 - 22:41
LOS ANGELES--(BUSINESS WIRE)--Following the Grand Prix of Long Beach, the Hotel Maya Long Beach has signed a tentative contract agreement. In the past week, the Hyatt Place Pasadena, Proper Santa Monica, Proper Downtown Los Angeles, Westdrift Manhattan Beach, Hotel June West LA, and Alsace Hotel also signed the historic accord. UNITE HERE Local 11 and Hotel Maya issued this statement: “The Hotel Maya and UNITE HERE Local 11 are pleased to announce we have reached a fair settlement of our disput

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