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Blackstone Energy Transition Partners Announces Majority Investment in Westwood Professional Services, Inc., Leading Engineering & Consulting Firm

Lastest from Businesswire - Wed, 08/07/2024 - 08:58
PLANO, Texas & NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) announced today that private equity funds affiliated with Blackstone (“Blackstone”) have agreed to make a majority investment in Westwood Professional Services, Inc. (“Westwood”), a leading engineering and design firm focused on renewables, power, real estate and public infrastructure end markets. Blackstone will acquire its position in Westwood from Endurance Partners, with Westwood’s management team and employee shareholders reta

TSG Consumer Partners Appoints Dori Konig as Managing Director and Head of TSG Vantage, the Firm’s Portfolio Operations and Value Creation Group

Lastest from Businesswire - Wed, 08/07/2024 - 08:58
SAN FRANCISCO--(BUSINESS WIRE)--TSG Consumer Partners (“TSG”), a leading private equity firm, today announced the expansion of its portfolio operations group, TSG Vantage (“Vantage”), with the appointment of Dori Konig as Head of TSG Vantage, effective August 5, 2024. Vantage supports TSG partner companies with strategic and operational services, with a particular focus on branding, digital transformation, and marketing strategy. Vantage’s focus areas are enhanced by a dedicated Consumer Insigh

Griffon Corporation Announces Third Quarter Results

Lastest from Businesswire - Wed, 08/07/2024 - 08:58
NEW YORK--(BUSINESS WIRE)--Griffon Corporation (“Griffon” or the “Company”) (NYSE:GFF) today reported results for the fiscal 2024 third quarter ended June 30, 2024. Revenue for the third quarter totaled $647.8 million, a 5% decrease compared to $683.4 million in the prior year quarter. Net income totaled $41.1 million, or $0.84 per share, compared to $49.2 million, or $0.90 per share, in the prior year quarter. Excluding all items that affect comparability from both periods, adjusted net income

Cresso Health Launches to Build Healthcare Insurtech Innovator

Lastest from Businesswire - Wed, 08/07/2024 - 08:58
NEW YORK--(BUSINESS WIRE)--Cresso Health launches to build healthcare insurtech innovator with substantial investment from Cypress Ridge Capital.

Griffon Corporation Declares Quarterly Dividend

Lastest from Businesswire - Wed, 08/07/2024 - 08:58
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Griffon Corporation (NYSE: GFF) (the “Company” or “Griffon”) yesterday declared a regular quarterly cash dividend of $0.15 per share. The dividend is payable on September 19, 2024 to shareholders of record as of the close of business on August 28, 2024. About Griffon Corporation Griffon is a diversified management and holding company that conducts business through wholly-owned subsidiaries. Griffon oversees the operations of its subsidiaries,

Assured Guaranty Ltd. Declares Quarterly Dividend of $0.31 Per Common Share

Lastest from Businesswire - Wed, 08/07/2024 - 08:58
HAMILTON, Bermuda--(BUSINESS WIRE)--Assured Guaranty Ltd. (NYSE:AGO) today declared a quarterly dividend of $0.31 per common share. The dividend is payable on September 4, 2024 to shareholders of record at the close of business on August 21, 2024. Assured Guaranty Ltd. is a publicly traded (NYSE: AGO), Bermuda-based holding company. Through its subsidiaries, Assured Guaranty provides credit enhancement products to the U.S. and non-U.S. public finance, infrastructure and structured finance market

Vestis Reports Third Quarter 2024 Results

Lastest from Businesswire - Wed, 08/07/2024 - 08:58
ATLANTA--(BUSINESS WIRE)--Vestis Corporation (NYSE: VSTS), a leading provider of uniforms and workplace supplies, today announced its results for the third quarter ended June 28, 2024. The company also reiterated its outlook for fiscal year 2024 and expects that Adjusted EBITDA margin will now be toward the higher end of the guidance range. Management Commentary “I’m pleased we are on track to deliver our commitments in the second half and remain energized by the value creation opportunities ah

Payoneer Reports Second Quarter 2024 Financial Results

Lastest from Businesswire - Wed, 08/07/2024 - 08:58
NEW YORK--(BUSINESS WIRE)--Payoneer Global Inc. (NASDAQ: PAYO) today reported financial results for its second quarter ended June 30, 2024.

Nuveen Churchill Direct Lending Corp. Announces Second Quarter 2024 Results

Lastest from Businesswire - Wed, 08/07/2024 - 08:58
NEW YORK--(BUSINESS WIRE)--Nuveen Churchill Direct Lending Corp. (NYSE: NCDL) (“NCDL” or the “Company”), a business development company externally managed by its investment adviser, Churchill DLC Advisor LLC (the “Adviser”), and by its sub-adviser, Churchill Asset Management LLC (“Churchill”), today reported financial results for the quarter ended June 30, 2024. Financial Highlights for the Quarter Ended June 30, 2024 Net investment income per share of $0.57 Total net realized and unrealized lo

The New York Times Company Reports Second-Quarter 2024 Results

Lastest from Businesswire - Wed, 08/07/2024 - 08:58
NEW YORK--(BUSINESS WIRE)--The New York Times Company (NYSE: NYT) announced today that its second-quarter 2024 financial results are available on The New York Times Company’s investor relations website at investors.nytco.com. As previously announced, The New York Times Company will host its earnings conference call today at 8:00 a.m. E.T. to discuss these results. A live webcast of the earnings conference call will be available at investors.nytco.com. Participants can pre-register for the telep

FiscalNote Extends Its Leadership in Securing New and Expanded Customer Agreements With Major Global Corporates in Regulated Industries

Lastest from Businesswire - Wed, 08/07/2024 - 08:58
WASHINGTON--(BUSINESS WIRE)--FISCALNOTE EXTENDS ITS LEADERSHIP IN SECURING NEW AND EXPANDED CUSTOMER AGREEMENTS WITH MAJOR GLOBAL CORPORATES IN REGULATED INDUSTRIES

WPP 2024 Interim Results

Lastest from Businesswire - Wed, 08/07/2024 - 08:58
NEW YORK & LONDON--(BUSINESS WIRE)--WPP (NYSE: WPP) today reported its 2024 Interim Results. Key figures (£m) H1 2024 +/(-) % reported1 +/(-) % LFL2 H1 2023           Revenue 7,227 0.1 2.6 7,221 Revenue less pass-through costs 5,599 (3.6) (1.0) 5,811           Reported:         Operating profit 423 38.2   306 Operating profit margin3 5.9 % 1.7 pt   4.2 % Diluted EPS (p) 18.8 82.5   10.3 Dividends per share (p) 15.0 0.0   15.0           Headline4:         Operating profit 646 (3.0) 0.5 666 Opera

Bruker Announces Strategic Minority Investment in NovAliX

Lastest from Businesswire - Wed, 08/07/2024 - 08:58
STRASBOURG, France--(BUSINESS WIRE)---- $BRKR #BRKR--Bruker Corporation (Nasdaq: BRKR) today announced a strategic investment in NovAliX, a preclinical Contract Research Organization (CRO) specializing in expert drug discovery services, headquartered in Strasbourg, France. The minority investment aims to accelerate the growth and further expansion of NovAliX, particularly within Europe and the United States. Bruker and NovAliX collaborate strategically to develop novel drug discovery technologies and methods,

Stormfield Capital Enters Second Half of 2024 with Strong Momentum

Lastest from Businesswire - Wed, 08/07/2024 - 08:58
SOUTHPORT, Conn.--(BUSINESS WIRE)--Stormfield Capital announced its highest number of monthly loan originations, as well as a new mandate from a prominent Swiss private bank.

Air Lease Corporation Announces Delivery of First of Ten New Boeing 787-10 Aircraft to Korean Air

Lastest from Businesswire - Wed, 08/07/2024 - 08:58
LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) announced the delivery of one new Boeing 787-10 to Korean Air. This aircraft is the first of ten 787-10s confirmed to deliver to the Korean flag carrier from ALC’s orderbook with Boeing. “ALC is thrilled to announce delivery of the first of ten new Boing 787-10 aircraft leased to our longtime customer, Korean Air. We are honored to continue to build on our strong relationship with Korean and support its exciting and transformational

Options Announces Expansion in Toronto, Bolstering Canadian Markets

Lastest from Businesswire - Wed, 08/07/2024 - 05:58
LONDON & NEW YORK & HONG KONG--(BUSINESS WIRE)--Options Announces Expansion in Toronto, Bolstering Canadian Markets

OppFi Reports Record Second Quarter Profitability and Revenue, Raises Full-Year Earnings Outlook By More Than 20%

Lastest from Businesswire - Wed, 08/07/2024 - 05:58
CHICAGO--(BUSINESS WIRE)--OppFi Inc. (NYSE: OPFI) (“OppFi” or the “Company”), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, today reported financial results for the second quarter ended June 30, 2024. “Our second quarter 2024 results substantially exceeded our expectations and enabled us to raise full-year earnings guidance by more than 20%,” said Todd Schwartz, Chief Executive Officer and Exec

Standard Chartered announces USD235 million green loan financing for USA solar module manufacturing plant

Lastest from Businesswire - Wed, 08/07/2024 - 05:58
NEW YORK--(BUSINESS WIRE)--Standard Chartered announces the successful closing of a six-year USD235 million non-recourse senior secured term green loan facility to fund the development, construction, and operation of a 1.35 million square foot solar photovoltaic manufacturing plant in Wilmer, Texas, USA, for Trinasolar, a leading global renewable company. Standard Chartered was the sole lead structuring bank and bookrunner for the financing and acted as Green Loan Coordinator, as well as a Join

Lyse Moves to the Cloud with CSG to Enhance Mobile Customer Experience

Lastest from Businesswire - Wed, 08/07/2024 - 02:58
OSLO, Norway--(BUSINESS WIRE)--Lyse, one of Norway's largest energy and telecommunication companies, is a pioneer in customer-focused innovation. To wow customers and deliver effortless experiences for generations to come, Lyse chose CSG®’s (NASDAQ: CSGS) cloud-native, software-as-a-service (SaaS) platforms to modernise its mobile consumer business. This move to the cloud enables Lyse to consolidate offerings, strategically complement services and boost business growth with long-term cost-effec

Avoli Marks 1-Year Anniversary With New Volleyball Athletes, First Retail Partner and Close of $2.1M Funding Round

Lastest from Businesswire - Tue, 08/06/2024 - 20:58
PORTLAND, Ore.--(BUSINESS WIRE)--Avoli, the first, and only, athletic brand dedicated exclusively to the performance needs and aspirations of women and girl volleyball athletes, closed its initial funding round which had originally been targeted at $1.5M. The company’s initial seed round raised over $2.1M with investments coming from a range of investors including athletic footwear founders and manufacturers, volleyball industry professionals, and professional investors. The proceeds will fund

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