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SkyBeam Venture Partners Launches Early-Stage Platform Aimed at Israel’s Next Wave of Technology Leaders

Lastest from Businesswire - 4 hours 43 min ago
NEW YORK--(BUSINESS WIRE)--SkyBeam Venture Partners today announced the launch of its inaugural $250 million early-stage fund, designed to support Israel’s next generation of venture managers and technology founders amid significant shifts in the global technology market. The firm invests in funds that are targeting pre-seed and seed-stage startups while also making later-stage investments in breakout companies emerging from these funds. SkyBeam offers institutional investors a differentiated a

Putnam Managed Municipal Income Trust, Putnam Master Intermediate Income Trust, Putnam Municipal Opportunities Trust and Putnam Premier Income Trust Announce Upcoming Name Changes

Lastest from Businesswire - 4 hours 43 min ago
NEW YORK--(BUSINESS WIRE)--Putnam Managed Municipal Income Trust (NYSE: PMM), Putnam Master Intermediate Income Trust (NYSE: PIM), Putnam Municipal Opportunities Trust (NYSE: PMO) and Putnam Premier Income Trust (NYSE: PPT) (each a “Fund” or together, the “Funds”) announced today upcoming name changes for the Funds, effective on or around July 15, 2026 (the “Effective Date”). As of the Effective Date, each Fund will be renamed as follows. Current Name New Name Putnam Managed Municipal Income Tr

Wells Fargo & Company Declares Cash Dividends on Preferred Stock

Lastest from Businesswire - 4 hours 43 min ago
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced dividends on six series of preferred stock. A quarterly cash dividend of $18.75 per share was declared on its 7.50% noncumulative perpetual convertible class A preferred stock, Series L, liquidation preference $1,000 per share, which is traded on the New York Stock Exchange under the symbol “WFCPrL”. The Series L dividend is payable on June 15, 2026, to holders of record as of the close of business on May 31,

UBS Advisors in the Southeast Region Recognized Nationally by Barron’s

Lastest from Businesswire - 4 hours 43 min ago
PHILADELPHIA--(BUSINESS WIRE)--UBS today announced that several advisors in the firm’s Southeast Wealth Management Region have been recognized by Barron’s. The firm’s Southeast Wealth Management Region is led by Regional Director Julie Fox. "Seeing so many of our advisors earn national recognition is incredibly rewarding and it speaks directly to the commitment and effort they devote to client service each and every day,” said Julie Fox, Regional Director, Southeast at UBS. “The entire UBS lead

BitGo to Participate in Upcoming Investor Conferences

Lastest from Businesswire - 4 hours 43 min ago
NEW YORK--(BUSINESS WIRE)--BitGo Holdings, Inc. (NYSE: BTGO) (“BitGo” or “the Company”), the digital asset infrastructure company, today announced its participation in the following upcoming investor conferences. Interested investors should contact their sales representatives to schedule a meeting. StoneX & Benchmark’s Digital Assets Summit Date: Wednesday, May 27, 2026 Location: New York, NY Deutsche Bank 16th Annual Global Financial Services Conference Date: Thursday, May 28, 2026 Locatio

NatWest and Endava Form Partnership to Drive Merchant Payments Business Forward

Lastest from Businesswire - 4 hours 43 min ago
LONDON--(BUSINESS WIRE)--Endava, the technology-driven business transformation group whose AI-native approach combines cutting-edge technology with deep industry expertise today announced a strategic partnership with Tyl by NatWest, NatWest Group’s merchant-payments arm, to accelerate the evolution of its offering. The partnership is focused on enabling Tyl’s customers to access a modern, fully integrated payments acceptance experience. By combining Endava's global operations and its AI-native

MassMutual turns 175, Marking Generations of Delivering on its Commitments

Lastest from Businesswire - 4 hours 43 min ago
SPRINGFIELD, Mass.--(BUSINESS WIRE)-- #livemutual--MassMutual today marked its 175th anniversary, honoring a legacy built around one idea that has endured since its founding: when people look out for one another, everyone is stronger. Founded on May 15, 1851 in Springfield, Massachusetts by 31 investors who pooled together $100,000 to create a company to help their friends and neighbors protect their loved ones, MassMutual has grown into one of America’s largest mutual life insurance companies, serving more

Seritage Growth Properties Reports First Quarter 2026 Operating Results

Lastest from Businesswire - 4 hours 43 min ago
NEW YORK--(BUSINESS WIRE)--Seritage Growth Properties (NYSE: SRG) (the “Company”), a national owner and developer of retail, residential and mixed-use properties today reported financial and operating results for the three months ended March 31, 2026. "We continue to advance discussions to refinance our remaining $50 million of corporate debt that matures at the end of July. We are furthering our exploration of the possibility of a strategic transaction while we simultaneously continue our effo

American Strategic Investment Co. Announces First Quarter 2026 Results

Lastest from Businesswire - 4 hours 43 min ago
NEW YORK--(BUSINESS WIRE)--American Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”), a company that owns a portfolio of commercial real estate located within the five boroughs of New York City, announced today its financial and operating results for the third quarter ended March 31, 2026. First Quarter 2026 Highlights Revenue was $7.3 million compared to $12.3 million in the first quarter of 2025, primarily related to the disposition of 1140 Avenue of the Americas in the prior ye

NYSE President Lynn Martin Joins U.S. Presidential Delegation for Historic Trump-Xi China Summit in Beijing

Lastest from Businesswire - 7 hours 44 min ago
BEIJING & SHANGHAI--(BUSINESS WIRE)--The New York Stock Exchange, part of Intercontinental Exchange, Inc. (NYSE: ICE), one of the world's leading providers of financial market technology and data powering global capital markets, today announced that NYSE Group President Lynn Martin joined the delegation of U.S. business leaders participating in President Trump’s historic state visit with Chinese President Xi Jinping. Following the presidential summit in Beijing, Martin traveled to Shanghai at t

ACI Worldwide and Security Bank Philippines Set New Benchmark for Enterprise-wide Payments Modernization

Lastest from Businesswire - Thu, 05/14/2026 - 20:34
OMAHA, Neb. & SINGAPORE--(BUSINESS WIRE)--ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, and Security Bank Corporation (Security Bank), a leading universal bank in the Philippines, today announced that they won the "Best Payment Technology Initiative in Asia Pacific" at The Asian Banker (TAB) Global Financial Technology Innovation Awards 2026. This award recognizes Security Bank and ACI Worldwide’s transformation of payment infrastructure by consolidating fra

Moon Inc. Taps BitGo to Scale Bitcoin-Powered Card Products Across Asia

Lastest from Businesswire - Thu, 05/14/2026 - 20:34
NEW YORK & HONG KONG--(BUSINESS WIRE)--BitGo Holdings, Inc. (NYSE: BTGO) (“BitGo”), the digital asset infrastructure company, today announced a strategic partnership with Moon Inc. (HKEX: 1723) (“Moon Inc.”), serving as the foundational infrastructure layer powering Moon Inc.'s bitcoin-linked consumer card products through BitGo Singapore Pte. Ltd., a Monetary Authority of Singapore (MAS) regulated entity. BitGo will enable Moon Inc. to securely scale digital asset integration across its prepai

MyFreeScoreNow Unveils New Affiliate Payment Platform Driving Faster Payments and Higher Earnings

Lastest from Businesswire - Thu, 05/14/2026 - 20:34
SEATTLE--(BUSINESS WIRE)-- #MyFreeScoreNow--MyFreeScoreNow announced a enhancement to its affiliate network platform, purpose-built to help partners earn more and get paid faster.

Strategic Storage Trust VI, Inc. Recognized as Top Performer Among Lifecycle REITs in Recent Stanger Industry Performance Data

Lastest from Businesswire - Thu, 05/14/2026 - 20:34
LADERA RANCH, Calif.--(BUSINESS WIRE)--Strategic Storage Trust VI, Inc. (“SST VI”), a publicly registered non-traded real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA), announced that it was recognized by Robert A. Stanger & Co., Inc. (“Stanger”) as the top performing Lifecycle REIT over a three-year period as of March 31, 2026. SST VI achieved a total return of approximately 13.0% as published in the Q1 2026 Non-Listed REIT

Sportradar Investigation Initiated: Kahn Swick & Foti, LLC Investigates Claims On Behalf of Investors of Sportradar Group AG - SRAD

Lastest from Businesswire - Thu, 05/14/2026 - 20:34
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), is investigating claims on behalf of investors of Sportradar Group AG (NasdaqGS: SRAD). Such investors are advised to contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit us at https://www.ksfcounsel.com/cases/nasdaqgs-srad/ to learn more.The investigation conce

Trinity Place Holdings Inc. Reports First Quarter Financial Results

Lastest from Businesswire - Thu, 05/14/2026 - 20:34
NEW YORK--(BUSINESS WIRE)--Trinity Place Holdings Inc. (OTC PINK: TPHS) (the "Company," "we," "our," or "us") today announced operating results for the first quarter ended March 31, 2026. The Company is an intellectual property holding, investment, and commercialization company. We own and control a portfolio of intellectual property assets focused on the consumer sector, a legacy of our predecessor, Syms Corp. (“Syms”), including FilenesBasement.com, our rights to the Stanley Blacker® brand, a

Kennedy Wilson Announces Pricing of $1.8 Billion Senior Notes Offering

Lastest from Businesswire - Thu, 05/14/2026 - 17:34
BEVERLY HILLS, Calif.--(BUSINESS WIRE)---- $KW--Kennedy-Wilson, Inc. (the “Issuer”), a wholly-owned subsidiary of global real estate investment company Kennedy-Wilson Holdings, Inc. (the “Company” or “Kennedy Wilson”), today announced the pricing of the previously announced private offering (the “Offering”) of $1.8 billion in aggregate principal amount of senior notes, consisting of $1.1 billion of 7.000% senior notes due 2031 (the “2031 Notes”) and $700 million of 7.250% senior notes due 2033 (the “20

Westaim Reports Q1 2026 Results for the Quarter Ended March 31, 2026

Lastest from Businesswire - Thu, 05/14/2026 - 17:34
NEW YORK--(BUSINESS WIRE)--The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announces its unaudited financial results for the quarter ended March 31, 2026. Westaim recorded a net loss of $33.4 million ($1.00 diluted loss per share) for Q1 2026 compared to a net loss of $7.4 million ($0.34 diluted loss per share) for Q1 20251. “We made meaningful progress on our strategic priorities during the quarter, highlighted by the February 17th launch of our fixed indexed annuity pro

AM Best Affirms Credit Ratings of Nectaris Re Ltd.

Lastest from Businesswire - Thu, 05/14/2026 - 17:34
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Nectaris Re Ltd. (Nectaris Re), the operating subsidiary of Nectaris Holdings Ltd. (both domiciled in Bermuda). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Nectaris Re’s balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, limited business profile an

FHLB Dallas and Woodforest National Bank Award $150K Grant to Mexican American Unity Council

Lastest from Businesswire - Thu, 05/14/2026 - 17:34
SAN ANTONIO--(BUSINESS WIRE)--A $150,000 Pathway Fund grant from the Federal Home Loan Bank of Dallas (FHLB Dallas) to the Mexican American Unity Council (MAUC) will help families prevent and address heirs’ property issues in San Antonio, Texas. The grant was awarded through Woodforest National Bank® (Woodforest), an FHLB Dallas member financial institution. Heirs’ property refers to land or homes passed down without a will or clear title, often resulting in complicated shared ownership across

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