Lastest from Businesswire
NYLI CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) Declares Monthly Distribution for October 2024 and Availability of 19(a) Notice
NEW YORK--(BUSINESS WIRE)--NYLI CBRE Global Infrastructure Megatrends Term Fund (the "Fund") (NYSE: MEGI) today announced the Fund’s monthly distributions for October 2024 of $0.1250 per common share. The Fund’s current annualized distribution rate is 10.64% based upon the closing price of $14.10 on October 10, 2024, and 9.62% based upon the Fund’s closing NAV of $15.60 as of the same date. Dividend Distribution Schedule: Ex-Dividend Date Record Date Payable Date October 10-24-2024 10-24-2024
MACH Alliance Strengthens Position as a Technology Leader, Responding to Growing Market Needs From Business Community
NEW YORK--(BUSINESS WIRE)--MACH Alliance, a not-for-profit industry body dedicated to advocating for open, best-of-breed technology ecosystems, today announced key initiatives that strengthen its position as a technology leader and reflect the maturity of MACH and composability in the larger market. To reflect the growing adoption of MACH technologies by business leaders, the Alliance reveals a newly elected, diverse board that includes the Alliance’s first business leader Chairperson. The MACH
Alvarez & Marsal Tax Bolsters Global Restructuring Tax Services With Strategic Appointment of Howard Steinberg
NEW YORK--(BUSINESS WIRE)--Alvarez & Marsal Tax (A&M Tax), an affiliate of leading global professional services firm Alvarez & Marsal (A&M), has expanded its Restructuring Tax offering by appointing Howard Steinberg, Managing Director and Head of Global Restructuring Tax Services. Mr. Steinberg joining the firm marks a significant advancement both strengthening A&M Tax’s capabilities and advancing the build-out of its premier global restructuring Tax practice to align with A
DataTrace Adds Title Plants, Increases Title Starter Policy Content Leadership and Enhances Property Data and Title Production Platforms
AGOURA HILLS, Calif.--(BUSINESS WIRE)--DataTrace®, the nation’s largest provider of data and automation solutions to the title and settlement services industry, today announced several enhancements to its products and services, including significant geographic title plant expansion, major advancements to its Starter Xchange® program, and new features within its TitleFlex® property data platform and TitleIQ™ title production platform. “By harnessing the power of artificial intelligence, automati
Barings Leads Debt Financing for AEA Investors’ Recapitalization of Connexus Resource Group
NEW YORK--(BUSINESS WIRE)--Barings, one of the world’s leading investment managers, today announced that it has served as lead agent, arranger, and bookrunner on a debt financing to support AEA Investors’ (“AEA”) recapitalization of Connexus Resource Group (“Connexus”). “We are pleased to build on our more than 15-year relationship with AEA to provide continued support to both AEA and Connexus as its management team continues to successfully execute in the business process outsourcing (BPO) mar
Adams Street Partners Raises Over $1.2 Billion for Venture Innovation Fund IV Program
CHICAGO--(BUSINESS WIRE)--Adams Street Partners, LLC, a leading private markets investment firm with over $60 billion in assets under management, today announced the successful close of its oversubscribed Venture Innovation Fund IV Program (which is comprised of Venture Innovation Fund IV, Leaders Fund II and Adams Street Venture Select Fund 2023, collectively, "VIF IV" or the “Fund”), securing more than $1.2 billion in capital commitments. VIF IV encompasses a diverse portfolio of venture fund
Swoop Launches Proprietary GenAI Platform with Custom Privacy-Safe AI Assistants to Transform Omnichannel Marketing for Pharma Brands
NEW YORK--(BUSINESS WIRE)--Swoop, the leader in privacy-safe healthcare marketing and data solutions, is proud to announce the launch of Swoop AI Assistants. This innovative suite of AI-powered tools enables pharma marketers to dynamically interact with their data and transform it into actionable insights that fuel omnichannel marketing strategies. Accessible exclusively through Swoop Piper, the company’s proprietary GenAI platform, these AI Assistants represent a new frontier in healthcare mar
Adobe Launches GenStudio for Performance Marketing to Accelerate Campaigns for Marketing and Creative Teams with Generative AI and Deep Insights
MIAMI BEACH, Fla.--(BUSINESS WIRE)--Today, Adobe (Nasdaq:ADBE) announced the general availability of Adobe GenStudio for Performance Marketing, a new generative AI-first application that empowers brands and agencies to accelerate the delivery of global advertising and marketing campaigns. The new offering addresses one of the biggest challenges facing businesses today, where the need for highly personalized, on-brand and performant content—across a myriad of channels and geographies—is outstrip
Barings Provides $134 Million Financing on Mixed-Use Development in Raleigh, NC
CHARLOTTE, N.C.--(BUSINESS WIRE)--Barings, one of the world’s largest diversified real estate investment managers, announced today that it has provided a $134 million loan to refinance the existing loan on Smoky Hollow in Raleigh, North Carolina. A joint venture between Kane Realty Corporation, Williams Realty & Building Company, and Lionstone Investments delivered the mixed use development in 2020. “We are excited to collaborate with Kane and Lionstone, two highly respected investors with
Greenidge Announces Preliminary Financial and Operating Results for the Third Quarter 2024
DRESDEN, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge” or the “Company”), a vertically integrated cryptocurrency datacenter and power generation company, today announced preliminary financial and operating results for the third quarter of 2024, including notable updates on the Company’s ongoing SG&A expense reduction efforts as well as its continued upgrades to its fleet of bitcoin miners. Preliminary Third Quarter 2024 Financial Results1: Revenue of
Peachtree Group Exceeds $1.0 Billion in Commercial Real Estate Originations
ATLANTA--(BUSINESS WIRE)--Peachtree Group ("Peachtree") announced that its credit team has surpassed $1 billion in loan originations year-to-date.
Facteus Establishes Unrivaled Standalone Transaction Data Panel with Addition of Millions of Affluent Credit Cardholders
PORTLAND, Ore.--(BUSINESS WIRE)-- #altdata--Facteus, the leading provider of actionable insights from alternative financial data, today announced a game-changing expansion of its transaction data panel. The company has added tens of millions of new credit cards, specifically from higher-income, affluent cardholders, to its already robust debit and credit card dataset. This brings the Facteus data panel up to 140 million active cardholders making it head and shoulders above the next nearest competitor. Fa
Dun & Bradstreet to Present Strategies for Ensuring High-Quality Data for Generative AI Success at The CIO Institute’s New York Summit
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Dun & Bradstreet (NYSE:DNB), a leading global provider of business decisioning data and analytics, announced today that Isabel Gomez Vidal, Chief Revenue Officer, and Elizabeth Barrette, Senior Vice President of Customer Solutions & Success, will present a keynote address at The CIO Institute’s New York City Summit. Gomez Vidal and Barrette will speak on the topic of “Garbage In, Garbage Out: Ensuring High-Quality Data for AI Success.” Attendees of D
AM Best to Sponsor and Exhibit at the 26th National Association of Subrogation Professionals Annual Conference
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best will be a silver sponsor and exhibitor at the National Association of Subrogation Professionals (NASP) Annual Conference at the Broadmoor Resort in Phoenix, AZ, Oct. 27-30, 2024. Visit AM Best at booth 15 to learn about the resources it offers, and for a chance to win a Bose Bluetooth speaker. Doug Doremus, associate director, business development, will also be available to discuss the strategic value of becoming a qualified member of Best’s Insurance Pro
OneSpan Strengthens Leadership in Banking Security with Innovative Phishing-Resistant Authentication and Transaction Signing Solution
BOSTON & CARLSBAD, Calif.--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN) today announced a breakthrough innovation in phishing-resistant transaction security, VISION FX. This new solution combines OneSpan’s patented CRONTO® transaction signing with FIDO2 protocols that strengthen protection against phishing and account takeover threats (ATO), setting a standard for banking security. Merging both technologies into a single authentication solution delivers the most secure and user-friendly option
Shareholder Alert: Ademi LLP Investigates Whether Longboard Pharmaceuticals, Inc. Is Obtaining a Fair Price for Its Public Shareholders
MILWAUKEE--(BUSINESS WIRE)--Ademi LLP is investigating Longboard (NASDAQ: LBPH) for possible breaches of fiduciary duty and other violations of law in its transaction with Lundbeck. Click here to learn how to join our investigation or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you. In the transaction, Longboard shareholders will receive only $60.00 per share in a tender offer that values the Longboard at approximately $2.6 billion equity value. The transaction
LBPH Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Longboard Pharmaceuticals, Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Longboard Pharmaceuticals, Inc. (NASDAQ: LBPH) to H. Lundbeck A/S for $60.00 per share in cash share is fair to Longboard shareholders. Halper Sadeh encourages Longboard shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns
Jabil Introduces New High-Performance, Purpose-Built AMD and Intel Servers Optimized for AI, FinTech, and Cloud Applications
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Jabil Inc. (NYSE: JBL) announced today that it is expanding its server portfolio with the J421E-S and J422-S servers, powered by AMD 5th Generation EPYC™ and Intel® Xeon® 6 processors. These servers are purpose-built for scalability in a variety of cloud data center applications, including AI, high-performance computing (HPC), fintech, networking, storage, databases, and security — representing the latest generation of server innovation from Jabil. Built w
SoFi Expands Loan Platform Business with $2 Billion Agreement with Fortress Investment Group
SAN FRANCISCO--(BUSINESS WIRE)---- $SOFI--SoFi Technologies, Inc. (NASDAQ: SOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, today announced a $2 billion loan platform business agreement for personal loans with funds managed by affiliates of Fortress Investment Group LLC (“Fortress”). The agreement will expand SoFi’s capabilities in its loan platform business, where the company refers pre-qualified borrowers to lo
Lineage Cell Therapeutics to Present at the Maxim Group 2024 Virtual Healthcare Summit
CARLSBAD, Calif.--(BUSINESS WIRE)---- $LCTX #LineageCellTherapeutics--Lineage Cell Therapeutics, Inc. (NYSE American and TASE: LCTX), a clinical-stage biotechnology company developing allogeneic cell therapies for unmet medical needs, today announced that Brian M. Culley, Lineage’s Chief Executive Officer, will be presenting at the Maxim Group 2024 Virtual Healthcare Summit, in a fireside chat hosted by Jason McCarthy, Ph.D., Senior Managing Director, Head of Biotechnology Research. Lineage’s fireside chat will be available for