Feed aggregator
Stova Announces Appointment of Two Board Members to Its Board of Directors
NEW YORK--(BUSINESS WIRE)--Stova, a leading event management technology platform, today announced the appointment of two members to its board of directors, David Murphy and John Pulling. In addition to serving on the board, David was also appointed to the role of Executive Chairman. Coming from renowned technology organizations, David and John bring decades of experience and leadership to Stova’s mission to elevate the event technology landscape. David Murphy is one of Silicon Valley’s most hig
QuinStreet to Participate at 2nd Annual Evercore ISI Insurance Conference
FOSTER CITY, Calif.--(BUSINESS WIRE)--QuinStreet, Inc. (Nasdaq: QNST), a leader in performance marketplaces and technologies for the financial services and home services industries, today announced that management will participate at the 2nd Annual Evercore ISI Insurance Conference on Tuesday, November 12, at the Evercore ISI Offices in New York, NY. The Company looks forward to discussing the details of its performance momentum, market opportunity, and business model with investors. About Quin
Calabrio Unveils New AI-Powered Quality Management Features – Trending Topics and Auto QM – to Elevate Agent and Customer Experiences
MINNEAPOLIS--(BUSINESS WIRE)--Calabrio, the workforce performance company, announced today two artificial intelligence (AI) offerings for general availability: Auto QM and Trending Topics. These AI-powered quality management solutions are designed to eliminate time-intensive manual review processes and revolutionize how contact centers manage, monitor and assess agent interactions to provide better customer service outcomes. Part of Calabrio’s broader Interaction Analytics suite, the two new fe
Schwab to Significantly Expand Its 24-Hour Trading Capabilities to Include the Stocks in the S&P 500®, Nasdaq-100® and Hundreds of Additional Exchange-Traded Funds
WESTLAKE, Texas--(BUSINESS WIRE)--Charles Schwab, a leader in investing and trading with $9.92 trillion in total client assets that facilitates approximately six million daily average trades, today announced it will begin piloting additional access to the overnight trading session by expanding to include stocks in the S&P 500, Nasdaq-100 and hundreds of additional exchange-traded funds (ETFs) available for trading 24 hours a day, five days a week (24/5). Ameritrade, which was acquired by Sc
Berkshire Partners Announces Close of Fund XI with Approximately $7.8 Billion in Commitments
BOSTON--(BUSINESS WIRE)--Berkshire Partners (“Berkshire”), a Boston-based private equity firm focused on the middle market, today announced the close of Berkshire Fund XI (“Fund XI”) with approximately $7.8 billion in capital commitments, making it Berkshire’s largest fund since the firm’s inception in 1986. Fund XI was meaningfully oversubscribed, which the firm believes underscores investors’ support for the firm’s multi-sector middle market investment strategy. “We are grateful to have recei
iCapital® to Acquire AltExchange to Enhance Data Management Capabilities
NEW YORK--(BUSINESS WIRE)-- #acquisition--iCapital1, the global fintech platform driving the world’s alternative investment marketplace for the wealth and asset management industries, and AltExchange, a leading AI-driven technology firm transforming alternative investment data aggregation, management, and reporting for financial advisors and asset managers, today announced they have entered a definitive agreement under which iCapital intends to acquire AltExchange. “AltExchange has developed one of the most a
Global Payments Reports Third Quarter 2024 Results
ATLANTA--(BUSINESS WIRE)--Global Payments Inc. (NYSE: GPN) today announced results for the third quarter ended September 30, 2024. “We are pleased with our solid financial performance in the third quarter, which reflects strong execution despite ongoing macroeconomic uncertainty,” said Cameron Bready, chief executive officer. “These results highlight the resiliency and durability of our business as we move aggressively to position Global Payments for the next phase of its growth journey as a le
Affirm Updates App to Feature More Offers Leading into Holiday Season
SAN FRANCISCO--(BUSINESS WIRE)--Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today unveiled updates to the Affirm app. The redesigned experience shows consumers their real-time purchasing power with Affirm, offers an upgraded search function, and provides easier access to personalized payment terms and interest-free offers. These updates come just in time for a holiday season where consumers are especially hungry for interest-free deals. “
Central Pacific Financial Reports Third Quarter 2024 Earnings
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 $13.3 million, or fully diluted earnings per share ("EPS") of $0.49 for the third quarter of 2024, compared to net income of $15.8 million, or EPS of $0.58 in the previous quarter and net income of $13.1 million, or EPS of $0.49 in the year-ago quarter. Results for the third quarter of 2024 were impacted by $3.1 millio
athenahealth Launches AI-Powered Ambient Notes, a Unique Fully Integrated Documentation Solution Designed for Ambulatory Practices
BOSTON--(BUSINESS WIRE)--athenahealth announced the launch of Ambient Notes, an innovative solution designed to reduce the burden of clinical note documentation
Cone Marshall and Delta Asia Financial Group Join Forces to Launch Delta Asia Cone Marshall (DACM) Family Office Advisory
HONG KONG & NEW YORK--(BUSINESS WIRE)-- #Asia--Cone Marshall, the preeminent legal and fiduciary services firm helping global families with their estate planning, asset preservation, and wealth planning, today announced a new partnership with diversified financial conglomerate, Delta Asia Financial Group, to establish Delta Asia Cone Marshall (DACM) Family Office Advisory Limited. Established in 1935, Delta Asia Financial Group is the region’s largest family-owned bank providing integrated services inc
Flashpoint Launches Free Valuation Tool for Private Tech Shares
LONDON--(BUSINESS WIRE)-- #Startups--Flashpoint Venture Capital has launched a free tool that helps individuals estimate the value of their shares in growth-stage private tech companies.
Q3 Net Income up 24% to US$120 Million and Lease Revenue up 15% to US$677 Million
DUBLIN--(BUSINESS WIRE)--Avolon, a leading global aviation finance company, announces results for the third quarter (‘Q3’) of 2024. 2024 THIRD QUARTER | FINANCIAL HIGHLIGHTS Income Statement (US$M) Q3 2024 Q3 2023 $ CHANGE % CHANGE Lease revenue 677 588 89 +15% Operating cashflow 536 626 (90) (14%) EBITDA 645 597 48 +8% Net income 120 97 23 +24% Balance Sheet (US$M) Q3 2024 FY 2023 $ CHANGE % CHANGE Total available liquidity 9,072 7,228 1,844 +26% Total assets 31,587 30,513 1,074 +4% Unsecured
Cross-Generational Leadership in Family Business: New Study from Egon Zehnder and FBN Unveils Strategies for Success
ZURICH--(BUSINESS WIRE)-- #FamilyBusiness--Egon Zehnder, the world’s preeminent leadership advisory firm, in partnership with the Family Business Network (FBN), the world’s leading family business organization, today announced the findings of their new study, “Building a Winning Cross-Generational Culture in Family Business.” The study draws on a survey of 300 family business owners, interviews with 86 family business leaders, and Egon Zehnder’s proprietary Culture Profile analysis. “We understand family busines
BM TECHNOLOGIES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of BM Technologies, Inc. - BMTX
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 BM Technologies, Inc. (NYSE: BMTX) to First Carolina Bank. Under the terms of the proposed transaction, shareholders of BM will receive $5.00 in cash for each share of BM that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the considerat
Thryv Holdings Announces Pricing of Upsized Public Offering of Common Stock
DALLAS--(BUSINESS WIRE)--Thryv Holdings, Inc. (“Thryv” or the “Company”) (NASDAQ: THRY) announced today the pricing of an underwritten public offering of 5,715,000 shares of its common stock at a public offering price of $14.00 per share for total gross proceeds (before underwriter’s fees and estimated expenses) of approximately $80.0 million. In connection with the offering, Thryv has also granted the underwriter a 30-day option to purchase up to 857,250 additional shares of Thryv’s common sto
NXU INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Nxu, Inc. - NXU
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 Nxu, Inc. (NasdaqCM: NXU) (the “Company”) and Verde Bioresins, Inc. Pursuant to the terms of the agreement, shareholders of Nxu will own approximately 5% 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 to Nxu s
Newell Brands Announces Upsized Offering and Pricing of $750 Million 6.375% Notes due 2030 and $500 Million 6.625% Notes due 2032
ATLANTA--(BUSINESS WIRE)--Newell Brands (NASDAQ: NWL) today announced the launch and pricing of an upsized public offering of $750 million aggregate principal amount of 6.375% notes due 2030 (the “2030 Notes”) and $500 million aggregate principal amount of 6.625% notes due 2032 (the “2032 Notes” and, together with the 2030 Notes, the “Notes”). The offering of the Notes is expected to close on November 13, 2024, subject to customary closing conditions. Newell Brands intends to use the net procee
Pinnacle Bank Announces Earnings for Third Quarter of 2024
GILROY, Calif.--(BUSINESS WIRE)--OTCQB: PBNK - Pinnacle Bank, headquartered in Gilroy, California, announced today unaudited net income for the three months ended September 30, 2024 of $1,909,000, compared to net income of $2,728,000 for the same period in 2023. As of September 30, 2024, total assets were $893.1 million, a 6% increase from the $843.5 million at September 30, 2023. Gross loans were $617.0 million at September 30, 2024, a new record and an increase of $78.6 million (15%) from the
First Northern Community Bancorp Reports Third Quarter 2024 Net Income of $5.5 Million
DIXON, Calif.--(BUSINESS WIRE)--First Northern Community Bancorp (the “Company”, OTCQX: FNRN), holding company for First Northern Bank (“First Northern” or the “Bank”), today reported net income of $14.2 million, or $0.92 per diluted share, for the nine months ended September 30, 2024, down 3.3% compared to net income of $14.7 million, or $0.96 per diluted share, for the nine months ended September 30, 2023. Net income for the quarter ended September 30, 2024, was $5.5 million, or $0.36 per dil