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Butterfly Closes Sale of Stake in MaryRuth Organics
LOS ANGELES--(BUSINESS WIRE)--Butterfly, a Los Angeles-based private equity firm specializing in the food sector, today announced that it has exited the majority of its stake in MaryRuth Organics, LLC (“MaryRuth’s” or “the Company”), a rapidly scaling vitamins, minerals, and supplements (“VMS”) brand. Butterfly will remain an active investor in the business and retain representation on the Board of Directors. Since acquiring a stake in MaryRuth's in August 2021, Butterfly has helped the Company
Zip Announces Strategic Partnership with Stripe in the U.S. to Accelerate Market Growth
NEW YORK--(BUSINESS WIRE)--U.S. merchants using Stripe will now be able to seamlessly integrate Zip’s payment method at checkouts in the United States
Kurv to Increase Annualized Distribution Rates on Single-Stock Covered Call ETFs Through Special Distributions for The Remainder of 2024
SAN FRANCISCO--(BUSINESS WIRE)--Kurv to Increase Annualized Distribution Rates on Single-Stock Covered Call ETFs Through Special Distributions for The Remainder of 2024
ACORE CAPITAL’s Commercial Primary and Special Servicer Ratings Upgraded by Fitch
NEW YORK--(BUSINESS WIRE)--ACORE CAPITAL, LP, one of the leading U.S. commercial real estate investment managers, today announced that Fitch Ratings (“Fitch”) upgraded its Primary rating to CPS3+ from CPS3 and its Special Servicer rating from CSS3+ to CSS2-. With both ratings being assigned a Stable Rating Outlook, Fitch notes the upgrades reflect various factors including increased management and staff allocations to servicing, additional demonstrated servicing performance, continuous technolo
Triton Digital Releases the July 2024 U.S. Podcast Ranker
NEW YORK--(BUSINESS WIRE)--Triton Digital®, the global technology and services provider to the digital audio, podcast, and broadcast radio industries, announced today the release of its July 2024 reporting period (July 1, 2024 – July 28, 2024), U.S. Podcast Ranker, as measured by Triton’s Podcast Metrics measurement service. iHeart Audience Network earned the #1 spot again on the Top Sales Networks Report for the month of July, with 66.4M Average Weekly Downloads and 18.4M Average Weekly Users.
Johnston Tobey Baruch Shareholders Named to Best Lawyers for 2025
DALLAS--(BUSINESS WIRE)--Johnston Tobey Baruch, the renowned trial and appellate firm, is proud to announce that its name partners Randy Johnston, Robert Tobey and Chad Baruch have been named to the 2025 edition of The Best Lawyers in America. In addition, Mr. Tobey was named Dallas/Fort Worth’s “Lawyer of the Year” for plaintiffs' professional malpractice law, a pinnacle honor received by 0.4% of the nation’s attorneys. “We are lucky to have the trust of our clients and the respect of our lega
HIPstr, an Affiliate of HighPost Capital, Raises $100 Million to Invest in Early-Stage Consumer Growth & Consumer Technology Enablement Companies
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--HIPstr, the early-stage investment arm of HighPost Capital, LLC (“HighPost”), a leading private investment firm focused on visionary companies at the forefront of consumer behavior and innovative product, service, media and technology sectors, today announced the successful close of its debut fund, HIPstr Fund I (“Fund I” or the “Fund”) with $100 million in capital commitments. HIPstr’s investor base is comprised of some of the world’s leading institution
BTIG Bolsters Aerospace & Defense Expertise with New Investment Banker Bruce Thomas
NEW YORK--(BUSINESS WIRE)--BTIG announced today that Bruce Thomas has joined the firm as a Managing Director in its Industrials, Aerospace & Defense Investment Banking group. Based in BTIG’s New York office, Mr. Thomas will work closely with colleagues in Washington, DC to further strengthen the firm’s capabilities in this critical industry. Mr. Thomas joins BTIG with more than fourteen years of experience advising public and private companies and private equity firms on a range of assignme
Franklin Templeton Reselected as Program Manager for New Jersey’s 529 College Savings Program
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Templeton Reselected as Program Manager for New Jersey’s 529 College Savings Program
TalentFusion Launches as Next-Gen Direct Sourcing Company, Set to Revolutionize Contingent Workforce Talent Management
ATLANTA--(BUSINESS WIRE)--TalentFusion, a company dedicated to pioneering the next generation of Direct Sourcing in contingent workforce talent management, today announced its official launch. Established as an Innova Group Company in 2024, TalentFusion is poised to transform the talent acquisition landscape, introducing innovative technology and a revolutionary approach to streamlining the Talent Management Lifecycle. TalentFusion is on a mission to simplify, unify, and humanize the talent man
OmniSYS Becomes XiFin Pharmacy Solutions, Launches Pharmacy Payor Rate Transparency Monitor and Receives Industry Recognition with Pharmacy 500 Award
SAN DIEGO--(BUSINESS WIRE)-- #digitalpathology--XiFin, Inc., a leading provider of innovative healthcare information technologies and services that deliver artificial intelligence (AI)-enabled operational efficiency, interoperability, and simplicity, announced that it has unified its products under the XiFin banner to bring the marketplace a more powerful integrated solution that provides greater end-to-end flexibility and functionality for managing clinical services. The integrated organization brings together th
It’s Time Seat Manufacturers Get Heads in the Right Place, J.D. Power Finds
TROY, Mich.--(BUSINESS WIRE)--J.D. Power: It’s Time Seat Manufacturers Get Heads in the Right Place
Empower Signs New Partnership With Hard Rock Stadium and the Miami Dolphins
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Empower is announcing the kickoff of a new partnership with Hard Rock Stadium and the Miami Dolphins. Empower, a provider of retirement services and personal financial planning with $1.6 trillion in assets under administration serving 18 million Americans,1 will be the entitlement partner of Hard Rock Stadium’s Club and Suite Level. The new agreement will include in-stadium branding at Miami Dolphins games and on social media channels. As the Official
Xceed Foodservice Group Announces Investment in JG Neil
SAN FRANCISCO--(BUSINESS WIRE)--Xceed Foodservice Group (“Xceed”), a portfolio company of San Francisco Equity Partners (“SFEP”), today announced an investment in JG Neil & Co. (“JG Neil”), a leading foodservice brokerage company operating in the Pacific Northwest, with offices in Washington, Oregon, Idaho and Utah. The investment marks Xceed’s fifth since the platform was established earlier this year. Terms of the transaction were not disclosed. JG Neil’s management team will continue to
FIS Leverages Scale and NYCE Debit Network to Enable Streamlined Peer-to-Peer Payment Capabilities within Digital Banking Platforms
JACKSONVILLE, Fla.--(BUSINESS WIRE)--FIS® (NYSE: FIS), a global leader in financial technology, today announced that it is unlocking the Neural Payments solution to its clients, expanding the availability of peer-to-peer (P2P) payments by leveraging the company’s global scale and NYCE debit rails to bring this capability to a wider range of institutions. Neural Payments’ innovative platform enables bank customers to transfer money from their account to anyone, regardless of whether the recipien
Nuveen Preferred and Income Term Fund Announces Preliminary Results of Tender Offer
NEW YORK--(BUSINESS WIRE)--Nuveen Preferred and Income Term Fund (NYSE: JPI) announced the preliminary results of a tender offer. As previously announced, the fund conducted a tender offer allowing shareholders to offer up to 100% of their common shares for repurchase for cash at a price per share equal to 100% of the net asset value per share as of the close of ordinary trading on the New York Stock Exchange on the expiration date of the tender offer. The tender offer expired on August 14, 202
PennyMac Mortgage Investment Trust Declares Third Quarter 2024 Dividends for Its Preferred Shares
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees has declared cash dividends for the third quarter of 2024 on its 8.125% Series A Preferred Shares (NYSE: PMT PRA), its 8.000% Series B Preferred Shares (NYSE: PMT PRB) and its 6.750% Series C Preferred Shares (NYSE: PMT PRC). In accordance with the terms for each preferred series, the dividend information is as follows: Series Ticker Annual Dividend Rate Dividend
Go Addressable Releases New Research Demonstrating the Importance of Addressable TV Advertising Among Adults 18-34 Amid Signal Loss
NEW YORK--(BUSINESS WIRE)--Today, Go Addressable, a trade organization dedicated to furthering the growth of addressable TV, announced new research that highlights the value of addressable TV advertising, or the ability to serve targeted ads to specific households or users based on deterministic identifiers, amid signal loss and evolving viewership habits. Advertisers today can at times face difficulties reaching audiences as viewership fragments across devices and platforms. While time spent w
ClearBridge Midstream Funds Announce Merger Timing Update
NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement
Western Asset High Income Opportunity Fund Inc. Announces Financial Position as of June 30, 2024
NEW YORK--(BUSINESS WIRE)--Category: Financials