Lastest from Businesswire

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

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

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

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

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. “

HONOLULU--(BUSINESS WIRE)--Central Pacific Financial Corp. (NYSE: CPF) (the "Company"), parent company of Central Pacific Bank (the "Bank" or "CPB"), today reported net income of $13.3 million, or fully diluted earnings per share ("EPS") of $0.49 for the third quarter of 2024, compared to net income of $15.8 million, or EPS of $0.58 in the previous quarter and net income of $13.1 million, or EPS of $0.49 in the year-ago quarter. Results for the third quarter of 2024 were impacted by $3.1 millio

BOSTON--(BUSINESS WIRE)--athenahealth announced the launch of Ambient Notes, an innovative solution designed to reduce the burden of clinical note documentation

HONG KONG & NEW YORK--(BUSINESS WIRE)-- #Asia--Cone Marshall, the preeminent legal and fiduciary services firm helping global families with their estate planning, asset preservation, and wealth planning, today announced a new partnership with diversified financial conglomerate, Delta Asia Financial Group, to establish Delta Asia Cone Marshall (DACM) Family Office Advisory Limited. Established in 1935, Delta Asia Financial Group is the region’s largest family-owned bank providing integrated services inc

LONDON--(BUSINESS WIRE)-- #Startups--Flashpoint Venture Capital has launched a free tool that helps individuals estimate the value of their shares in growth-stage private tech companies.

DUBLIN--(BUSINESS WIRE)--Avolon, a leading global aviation finance company, announces results for the third quarter (‘Q3’) of 2024. 2024 THIRD QUARTER | FINANCIAL HIGHLIGHTS Income Statement (US$M) Q3 2024 Q3 2023 $ CHANGE % CHANGE Lease revenue 677 588 89 +15% Operating cashflow 536 626 (90) (14%) EBITDA 645 597 48 +8% Net income 120 97 23 +24% Balance Sheet (US$M) Q3 2024 FY 2023 $ CHANGE % CHANGE Total available liquidity 9,072 7,228 1,844 +26% Total assets 31,587 30,513 1,074 +4% Unsecured

ZURICH--(BUSINESS WIRE)-- #FamilyBusiness--Egon Zehnder, the world’s preeminent leadership advisory firm, in partnership with the Family Business Network (FBN), the world’s leading family business organization, today announced the findings of their new study, “Building a Winning Cross-Generational Culture in Family Business.” The study draws on a survey of 300 family business owners, interviews with 86 family business leaders, and Egon Zehnder’s proprietary Culture Profile analysis. “We understand family busines

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 BM Technologies, Inc. (NYSE: BMTX) to First Carolina Bank. Under the terms of the proposed transaction, shareholders of BM will receive $5.00 in cash for each share of BM that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the considerat

DALLAS--(BUSINESS WIRE)--Thryv Holdings, Inc. (“Thryv” or the “Company”) (NASDAQ: THRY) announced today the pricing of an underwritten public offering of 5,715,000 shares of its common stock at a public offering price of $14.00 per share for total gross proceeds (before underwriter’s fees and estimated expenses) of approximately $80.0 million. In connection with the offering, Thryv has also granted the underwriter a 30-day option to purchase up to 857,250 additional shares of Thryv’s common sto

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 merger of Nxu, Inc. (NasdaqCM: NXU) (the “Company”) and Verde Bioresins, Inc. Pursuant to the terms of the agreement, shareholders of Nxu will own approximately 5% of the combined company. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger is fair to Nxu s

ATLANTA--(BUSINESS WIRE)--Newell Brands (NASDAQ: NWL) today announced the launch and pricing of an upsized public offering of $750 million aggregate principal amount of 6.375% notes due 2030 (the “2030 Notes”) and $500 million aggregate principal amount of 6.625% notes due 2032 (the “2032 Notes” and, together with the 2030 Notes, the “Notes”). The offering of the Notes is expected to close on November 13, 2024, subject to customary closing conditions. Newell Brands intends to use the net procee

GILROY, Calif.--(BUSINESS WIRE)--OTCQB: PBNK - Pinnacle Bank, headquartered in Gilroy, California, announced today unaudited net income for the three months ended September 30, 2024 of $1,909,000, compared to net income of $2,728,000 for the same period in 2023. As of September 30, 2024, total assets were $893.1 million, a 6% increase from the $843.5 million at September 30, 2023. Gross loans were $617.0 million at September 30, 2024, a new record and an increase of $78.6 million (15%) from the

DIXON, Calif.--(BUSINESS WIRE)--First Northern Community Bancorp (the “Company”, OTCQX: FNRN), holding company for First Northern Bank (“First Northern” or the “Bank”), today reported net income of $14.2 million, or $0.92 per diluted share, for the nine months ended September 30, 2024, down 3.3% compared to net income of $14.7 million, or $0.96 per diluted share, for the nine months ended September 30, 2023. Net income for the quarter ended September 30, 2024, was $5.5 million, or $0.36 per dil

SAN FRANCISCO--(BUSINESS WIRE)--Fin Capital, a global asset manager specializing in B2B Fintech Software, announced today it was named to Inc. Business Media’s (“Inc.”) annual Founder-Friendly Investors list, which honors the private equity firms, venture capital firms and lenders with track records of backing founder-led companies. This year’s list celebrates 269 firms that believe in backing founder-led businesses and helping them thrive. All companies on the list have demonstrated successful

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to nine classes of notes issued by Pagaya AI Debt Grantor Trust 2024-10 and Pagaya AI Debt Trust 2024-10 (collectively “PAID 2024-10”), an unsecured consumer loan ABS transaction. PAID 2024-10 has initial hard credit enhancement levels of 71.28% for the Class A Notes to 2.51% for the Class F Notes. Credit enhancement is comprised of overcollateralization, subordination (except for the Class F Notes), a cash reserve account funded at cl

DENVER & SEATTLE--(BUSINESS WIRE)--FirstSun Capital Bancorp (NASDAQ: FSUN) (“FirstSun”) and HomeStreet, Inc. (NASDAQ: HMST) (“HomeStreet”) announced that, based on discussions FirstSun and its subsidiary, Sunflower Bank, N.A. (“Sunflower”) have had with the Federal Reserve and the Texas Department of Banking, that regulatory approvals necessary for the mergers with HomeStreet and its subsidiary, HomeStreet Bank to proceed have not been obtained and FirstSun and Sunflower have been asked to with