Lastest from Businesswire
Lone Star Funds Completes Sale of Xella to Holcim
DALLAS & NEW YORK & LONDON & TOKYO--(BUSINESS WIRE)--Lone Star Funds (“Lone Star”) today announced that an affiliate of Lone Star Fund X, L.P. has completed the sale of Xella Group (“Xella”), a leading provider of walling solutions, to Holcim, the leading partner for sustainable construction. Xella is a provider of efficient and sustainable walling solutions for the entire house shell. Through its well-known brands, including Ytong, Hebel, Silka and Multipor, Xella supplies innovative building
NTT Solmare to Host Obey Me! 7th Anniversary Music Event Devil's Playlist Night in Los Angeles; Tickets Now on Sale
OSAKA, Japan--(BUSINESS WIRE)-- #7th--NTT Solmare to Host Obey Me! 7th Anniversary Music Event Devil's Playlist Night in Los Angeles; Tickets Now on Sale
A.R.I. Sues Drake’s October’s Very Own (OVO) Following Default, Forbearance, and Alleged Non-Payment of Millions in Contractual Obligations
LOS ANGELES--(BUSINESS WIRE)-- #ARI--A.R.I. OVO Growth Capital I, LLC (“A.R.I.”), has commenced litigation in the Supreme Court of British Columbia against October’s Very Own ULC (“OVO”), the lifestyle, apparel, and entertainment company co-founded by Aubrey “Drake” Graham, Oliver El-Khatib, and Noah “40” Shebib, and led by Chief Executive Officer Derek “Drex” Jancar. The litigation seeks recovery of approximately $4.6 million allegedly currently due and owing, together with contractual default intere
Investor Notice: Robbins LLP Informs Investors of the Black Rock Coffee Bar, Inc. Class Action Lawsuit
SAN DIEGO--(BUSINESS WIRE)---- $BRCB #Coffee--Robbins LLP informs stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Black Rock Coffee Bar, Inc. (NASDAQ: BRCB) securities between September 12, 2025 and May 12, 2026. Black Rock Coffee Bar, Inc. owns and operates a chain of drive-through coffee bars.For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.The Allegations: Robbins LLP is Investigating Allegations
KBRA Publishes Ratings for Planet Financial Group, LLC and Planet Home Lending, LLC
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA publishes the issuer and senior unsecured ratings of B+ for Planet Financial Group, LLC ("Planet" or "the company"). Additionally, KBRA publishes the issuer rating of BB- for its operating company, Planet Home Lending, LLC. The Outlook for all long-term ratings is Stable. These ratings were assigned on an unpublished basis on May 20, 2026. Key Credit Considerations Planet’s ratings are supported by mostly solid, multiyear operating performance (with consistent pr
BRCB CLASS ACTION NOTICE: Glancy Prongay Wolke & Rotter LLP Files Securities Fraud Lawsuit On Behalf Of Black Rock Coffee Bar, Inc. Investors
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay Wolke & Rotter LLP (“GPWR”), announces that it has filed a class action lawsuit in the United States District Court for the Southern District of New York, captioned Aiello v. Black Rock Coffee Bar, Inc., et al., Case No. 1:26-cv-05181, on behalf of persons and entities that purchased or otherwise acquired Black Rock Coffee Bar, Inc. (“Black Rock Coffee” or the “Company”) (NASDAQ: BRCB): (a) Class A common stock pursuant and/or traceable to the reg
U-Haul Offering 30 Days Free Storage to Upriver Fire Victims and Evacuees
SPOKANE, Wash.--(BUSINESS WIRE)-- #disasterrelief--U-Haul® is offering 30 days of free self-storage and U-Box® container use at six Company facilities in Spokane County for residents displaced or impacted by the Upriver Fire. The wildfire east of Spokane has burned more than 200 acres and damaged or destroyed at least 15 homes, according to reports. Containment was 10% as of Thursday. Evacuation orders remain in place for communities nearest the fire perimeter. Access to self-storage units and portable storage c
Michael Kelly Injury Lawyers Increases Settlement Values 10X and Expands Litigation Capacity With AI
BOSTON--(BUSINESS WIRE)--Michael Kelly Injury Lawyers, a rapidly growing personal injury firm serving Massachusetts, New Hampshire, and Connecticut, today announced significant gains in settlement outcomes, operational efficiency, and litigation capacity through its partnership with EvenUp, the AI platform built for personal injury law firms.Since implementing EvenUp, the firm has processed more than 2,500 cases through the platform, reduced medical record review from weeks to seconds, and used
New 2ND Capital Names Two New Partners and Announces Promotions Across the Investment, Capital Formation & IR and Finance & Operations Teams
NEW YORK--(BUSINESS WIRE)--New 2ND Capital, a private equity secondaries firm based in New York, is pleased to announce two new Partners, Rob Luttrell and Yindran Puspanathan, and a wave of well-earned promotions across the Investment, Capital Formation & IR and Finance & Operations teams: Jack Shay to Principal Kendra Zhi to Vice President Isabelle Leonaitis to Vice President Abraaz Khan to Senior Associate Henry Wakelin to Senior Associate Mildred Villedas to Associate Matt Skerl to S
MSCI Announces the Results of the MSCI 2026 Global Market Accessibility Review
NEW YORK--(BUSINESS WIRE)--MSCI released the results of the MSCI 2026 Global Market Accessibility Review. The detailed report, covering market accessibility assessments for 79 markets, has been made available on www.msci.com/market-classification. Bulgaria is not included in the MSCI 2026 Global Market Accessibility Review report released today. Information for this market will be made available on June 23, 2026, concurrent with the MSCI 2026 Annual Market Classification Review announcement. As
ELFA and Secured Finance Network Joint Statement on Proposed Basel III Regulatory Capital Rule
WASHINGTON, D.C.--(BUSINESS WIRE)--ELFA and Secured Finance Network Joint Statement on Proposed Basel III Regulatory Capital Rule
Cantor Equity Partners VII, Inc. Announces Closing of $250.0 Million Initial Public Offering
NEW YORK--(BUSINESS WIRE)--Cantor Equity Partners VII, Inc. (Nasdaq: CAES) (the “Company”) announced today that it closed its initial public offering of 25,000,000 Class A ordinary shares at $10.00 per share. The shares began trading on the Nasdaq Global Market under the symbol “CAES” on June 17, 2026. Of the proceeds received from the consummation of the initial public offering and a simultaneous private placement of shares, $250,000,000 was placed into the Company’s trust account. An audited
LDC Releases 2025 LDC U.S. Latinos in Media Report™ and Strategic Roadmap Revealing Growth Gap and Billions in Untapped Revenue
LOS ANGELES--(BUSINESS WIRE)-- #elevatelatinos--The Latino Donor Collaborative (LDC) today released its 2025 LDC U.S. Latinos in Media Report™: Full Year Update and the 2026 LDC Strategic Roadmap for the Entertainment Industry™. The data highlights a widening chasm between where Latinos consume English-language content and how they are represented on and off screen in the industry. The analysis connects audience behavior directly to company-level financial performance, providing entertainment executives with cle
Federal Home Loan Bank of Dallas and Homewise Provide $25K Grant to Help Santa Fe, New Mexico, Family Achieve Homeownership
SANTA FE, N.M.--(BUSINESS WIRE)--The Federal Home Loan Bank of Dallas (FHLB Dallas) Homebuyer Equity Leverage Partnership (HELP) grant made homeownership possible for Ricky Corriz and his family by providing down payment assistance. The grant was awarded through FHLB Dallas member Homewise. “Ever since we had our first son (now 12), my partner and I always wanted something stable for our family,” said Mr. Corriz, 33, of Santa Fe, New Mexico. Now with three children, including a 5-year-old son a
Mesa Royalty Trust Announces There Will Be No Distribution for June 2026
HOUSTON--(BUSINESS WIRE)--Mesa Royalty Trust (the “Trust”) (NYSE: MTR) announced today that there will be no distribution paid for the month of June 2026, as costs, charges and expenses attributable to the Trust’s royalty properties exceeded the revenue received from the sale of oil, natural gas and other hydrocarbons produced from such properties, as reported by the working interest owners.The Trust was formed to own an overriding royalty interest of the net proceeds attributable to certain pro
AM Best Comments on Fairfax Financial Holdings Limited’s Re-Opened Senior Unsecured Notes
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has commented that the Long-Term Issue Credit Rating of “a-” (Excellent) on the CAD 400 million (USD 283 million) 4.40% senior unsecured notes due Feb. 27, 2036, originally issued on Feb. 24, 2026 by Fairfax Financial Holdings Limited (Fairfax) (Toronto, Canada) [TSX: FFH], remains unchanged despite the additional notes being added to the same series. Fairfax has announced that it has issued an additional CAD 300 million (USD 212 million) senior unsecured
KBRA Assigns Preliminary Ratings to GoTo Foods Funding LLC and Jamba Juice Funding LLC, Series 2026-1
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to GoTo Foods Funding LLC and Jamba Juice Funding LLC, Series 2026-1 (GoTo Foods 2026-1) Class A-1 VFN and Class A-2 Notes, a whole business securitization (WBS). The rating actions follow KBRA’s analysis which indicates that existing credit enhancement for the notes and cash flows are sufficient to support the ratings following the issuance of the Series 2026- 1. In conjunction with the issuance of the Series 2026-1 Notes, the Series
Marcus & Millichap Names Brown & Brown Preferred Partner for Insurance and Risk Management
CALABASAS, Calif.--(BUSINESS WIRE)---- $mmi #apartmentinvestments--Marcus & Millichap Names Brown & Brown Preferred Partner for Insurance and Risk Management
AM Best Affirms Credit Ratings of TD Reinsurance (Barbados) Inc.
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 TD Reinsurance (Barbados) Inc. (TD Re). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect TD Re’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management. TD Re maintains the strongest level
AstroNova Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of AstroNova, Inc. - ALOT
NEW YORK & 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 AstroNova, Inc. (NasdaqGM: ALOT) to Arcline Investment Management. Under the terms of the proposed transaction, shareholders of AstroNova will receive $29.00 in cash for each share of AstroNova that they own. KSF is seeking to determine whether this consideration and the process that led to it are a

