Lastest from Businesswire
Barings Provides $24 Million Financing on Extended Stay Hotel in Tempe, AZ
CHARLOTTE, N.C.--(BUSINESS WIRE)--Barings, one of the world’s largest diversified real estate investment managers, announced today that it has provided a $24 million loan to refinance the existing loan on the Residence Inn Tempe Downtown/University by Marriott in Tempe, Arizona. Owned by Tempe RI, LLC, an affiliate of the Finvarb Group, led by Ronny Finvarb and Richard Finvarb, the property was developed in 2013 and completed a full renovation in early 2024. “The Finvarb Group has a strong trac
Marchex Announces Additional AI Solutions to Empower Businesses
SEATTLE--(BUSINESS WIRE)-- #AIsolutions--Marchex (NASDAQ: MCHX), which harnesses the power of AI and conversational intelligence to drive operational excellence and revenue acceleration, today announced the phased rollout of its vertical-specific advanced AI solutions for lead identification, lead value assessment, and trending topics discovery. These innovative AI solutions deliver descriptive, predictive, and prescriptive insights that enable businesses to improve return on ad spend, understand the primary
Compound Planning Builds on 2024 Success; Adds Five Experienced Advisors
NEW YORK--(BUSINESS WIRE)--Compound Planning today announced five veteran financial advisors have joined its team, bringing the firm’s total AUM to $2.5 billion.
Majority of working Americans select same health plan from prior year during benefits open enrollment, Voya survey finds
WINDSOR, Conn.--(BUSINESS WIRE)--Voya Financial, Inc. (NYSE: VOYA) announced today findings from a new consumer research survey detailing decision-making behaviors driven by working Americans during the annual workplace enrollment period. The results of Voya’s research reveal an overwhelming majority (91%) of working Americans “strongly agree” or “agree” that when it comes to selecting their health or medical plan each year during benefits open enrollment, they typically select the same plan fr
InfraCap MLP ETF (NYSE Arca: AMZA) Provides Tax Update
NEW YORK--(BUSINESS WIRE)--InfraCap MLP ETF (NYSE Arca: AMZA or the “Fund”) has modified the estimate of its deferred tax liability based on information reported by the Master Limited Partnerships (MLPs) and will record an additional accrual of approximately $2.2 million (approximately $0.23 per share) into the net asset value of the Fund on October 30, 2024. The Fund continues to rely primarily on information provided by the MLPs, which is largely reported on a delayed basis and is not necessa
Tucker’s Farm Corporation Announces Series A for its Medical Aesthetics Holding Company at Over $100 Million Valuation
HAMILTON, Bermuda & NEW YORK--(BUSINESS WIRE)--Tucker’s Farm Corporation (“Tucker’s Farm” or the “Farm”), a value-oriented investment holding vehicle modeled after Berkshire Hathaway, today announced the close of its Series A for its medical aesthetics platform with a leading growth equity investor. In May 2022, Tucker’s Farm Corporation incubated a medical aesthetics holding vehicle with approximately $30 million of equity capital. In two years, the vehicle has grown to approximately $40 milli
Wilton Launches New Branding and Advertising Campaign to Inspire the Joy of Baking and Decorating
NAPERVILLE, Ill.--(BUSINESS WIRE)--Wilton, a leader in baking and decorating, debuted its first advertising campaign today, marking a significant milestone in the brand’s ongoing evolution. The campaign, entitled “The Wonderful World of Wilton” is a vibrant celebration of the joy and creativity found in baking and decorating and dares bakers of all skill levels to explore their creative potential with Wilton’s extensive range of products. This campaign underscores Wilton's commitment to promoti
UserTesting Celebrates 2024 illumi Award Winners at The Human Insight Summit
AUSTIN, Texas--(BUSINESS WIRE)--UserTesting, the leading provider of human insights for innovators, today announced the winners of the illumi Awards at its annual customer conference, The Human Insight Summit (THiS). This year’s summit brought together builder and creator teams to emphasize the crucial role human insights play in decision-making, driving innovation, and delivering impactful products and experiences. THiS 2024 focused on team collaboration, continuous learning, and co-creation w
Thynk Announces Partnership with Cvent to Elevate Hospitality Sales through Next-Generation Integrations
BRUSSELS & TYSONS, Va.--(BUSINESS WIRE)-- #SaaS--Thynk and Cvent have announced a strategic partnership to empower hotel sales teams with the solutions they need to drive group business results.
Capitalize Releases New Data Highlighting Challenges With Outdated 401(k) Rollover Process
NEW YORK--(BUSINESS WIRE)--A comprehensive new analysis has been released from Capitalize that highlights an outdated process for transferring 401(k) assets
Join OS Therapies’ Exclusive Live Investor Webinar and Q&A Session on October 30
NEW YORK--(BUSINESS WIRE)--OS Therapies (NYSE American: OSTX) (“OS Therapies” or “the Company”), a clinical-stage immunotherapy and Antibody Drug Conjugate (ADC) biopharmaceutical company, is pleased to invite investors to a webinar on October 30, 2024, at 4:15 p.m. ET. The exclusive event, hosted by RedChip Companies, will feature OS Therapies’ Chairman and CEO Paul Romness, and Chief Business Officer Gerald Commissiong. They will share insight into the Company’s pipeline of novel treatments f
BondBloxx Raises $27 Million in Latest Funding Round to Support Further Expansion of its ETF Platform
LARKSPUR, Calif.--(BUSINESS WIRE)--BondBloxx raises $27 million in latest funding round, led by Macquarie Asset Management, to support further expansion of its ETF platform.
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. “