Lastest from Businesswire
Paychex Launches Digital Employee Benefits Marketplace
ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, employee benefits, insurance services, and payroll, has introduced Paychex Flex® Perks, a digital marketplace of employee benefits curated to address the needs of today’s diverse, five-generational workforce. Launching with 17 unique products, Paychex Flex Perks includes early access to earned wages, financial wellness solutions, and voluntary lifest
Guardian Restoration Partners Acquires Quick Dry Restoration and Spartan Emergency Water Removal
DENVER--(BUSINESS WIRE)--Guardian Restoration Partners (“Guardian”), a platform focused on partnering with and building exceptional home restoration businesses backed by Alpine Investors (“Alpine”), announced today its partnership with two leading restoration services businesses, Quick Dry Restoration (“Quick Dry”) and Spartan Emergency Water Removal (“Spartan”). The additions of Quick Dry and Spartan bring Guardian’s total acquisitions since launching the platform in April 2024 to five, and bu
Jackson and Coker Locum Tenens Wins 2024 Top Workplaces Award
ALPHARETTA, Ga.--(BUSINESS WIRE)--Jackson and Coker Locum Tenens, a leader in staffing solutions for locum tenens including advanced practice, today announced that it has been awarded a Top Workplaces 2024 honor by The Atlanta Journal-Constitution. “We are honored to be recognized as one of the top workplaces in Atlanta,” said Tim Fischer, president, Jackson and Coker Locum Tenens. “This award reflects our deep commitment to fostering an exceptional work environment and is a testament to the de
Employ Taps ROI·DNA to Boost Recruiting Software Visibility
SAN FRANCISCO--(BUSINESS WIRE)--ROI·DNA, part of Hotwire Global and The Enero Group, a premier B2B digital marketing agency specializing in account-based marketing (ABM) and account-based experience (ABX), announced today a strategic partnership with Employ Inc., a leading provider of people-first recruiting and talent acquisition solutions. This collaboration represents a significant expansion of ROI·DNA’s portfolio into the HR and recruiting software industry, adding Employ Inc. to a roster t
Husch Blackwell Secures Appellate Win in Dispute over Ponzi Recoveries
KANSAS CITY, Mo.--(BUSINESS WIRE)--Husch Blackwell prevailed in the U.S. Court of Appeals for the Fourth Circuit on behalf of Gregory S. Milligan, the court-appointed receiver, in a dispute with two investor groups who challenged how the receiver’s distribution plan allocated recovered funds among claimants. The distribution plan came on the heels of one of the largest securities fraud recovery projects in U.S. history following the successful prosecution of defendants Kevin B. Merrill, Jay B.
Parametric Launches Custom Active to Bring a New Focus to Active Tax Management
SEATTLE--(BUSINESS WIRE)--Parametric Portfolio Associates (Parametric), part of Morgan Stanley Investment Management (MSIM), is pleased to announce the launch of Custom Active, an innovative tax optimization capability for asset managers. Investors can now access established equity strategies customized for tax efficiency and other considerations powered by the investment expertise of Parametric. In addition to supporting MSIM’s Eaton Vance and International Equity teams, Parametric is pleased
True Wind Capital Announces Successful Completion of Tender Offer and Acquisition of 19% of SUNCORPORATION
SAN FRANCISCO--(BUSINESS WIRE)--True Wind Capital Management, L.P. (“True Wind”), a San Francisco-based private equity firm focused on partnering with management teams to build leading technology businesses in growing markets, today announced that an entity owned by the investment funds managed by True Wind has successfully completed its tender offer (the “Offer”) and will acquire 4,239,500 common shares of SUNCORPORATION (Standard Market of Tokyo Stock Exchange; Securities Code: 6736) (“SUN” o
ICE and OPEN Introduce New Benchmark for Tracking Large U.S. Venture-Backed Unicorns
NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, and OPEN today announced the launch of the NYSE® OPEN Venture Capital Unicorn® Index (NYSEOVC), a new benchmark for a basket of U.S.-based, privately held and venture-backed unicorn companies. This index and the pricing supporting it represent a paradigm shift in evaluating innovative private companies, continuing to advance this era of opportunity for investors seeking to m
Cyberbit Secures Investment to Accelerate Global Growth
NEWBURYPORT, Mass.--(BUSINESS WIRE)--Cyberbit Inc., a leading provider of cybersecurity skill development platforms, today announced a new round of funding from existing investors, including Charlesbank Capital Partners, an established middle-market private investment firm. This transaction, which recapitalizes the company under solely North American ownership and control, will provide significant capital for future acquisitions, expansion, and product development. Over the past year, Cyberbit
The RMR Group Announces Vertex Pharmaceuticals’ 15-Year Lease Renewal for 1.1 Million Square Feet in Boston’s Seaport District
NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group (Nasdaq: RMR) today announced the early renewal of the Vertex Pharmaceuticals Incorporated (“Vertex”) lease for 1.1 million square feet of office and laboratory space at 50 Northern Avenue and 11 Fan Pier Boulevard in Boston, Massachusetts. Vertex’s existing lease, which expires in December 2028, was extended for approximately 15 years, through June 2044. Adam Portnoy, President and Chief Executive Officer of RMR, made the following statement: “The
Tech Drives Rental Decisions for 73% of Tenants as Landlords Adapt to Shifting Demands
ARLINGTON, Va.--(BUSINESS WIRE)--Capterra research shows that convenient digital solutions adopted by property managers and landlords influence residential rental decisions.
Redfin Reports Existing Home Sales Rose 0.6% Last Month, But Were At the Lowest July Level on Record
SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) —Sales of existing homes rose 0.6% month over month in July, but fell 2% year over year—to a seasonally adjusted annual rate of 4,094,991. That’s the lowest July level in records dating back to 2012. This is according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Pending sales—a more current gauge of demand that includes both existing and newly-constructed homes—fell to the lowest level of any month on record asi
Unit21 Brings New ACH Fraud Prevention Measures to FIs, Payments Companies and Fintechs Using AI
SAN FRANCISCO--(BUSINESS WIRE)--Unit21, a global risk and compliance leader that proactively mitigates risks tied to fraud, money laundering, and other financial crimes, today announced a new bundle of features for Automated Clearing House (ACH) transactions. These features use Generative AI (GenAI) and machine learning (ML) to help banks, credit unions, payments companies, and fintechs proactively detect and block risky transactions. According to the National Automated Clearinghouse Associatio
Robbins Geller Rudman & Dowd LLP Announces Proposed Settlement in the Under Armour Securities Litigation
SAN DIEGO--(BUSINESS WIRE)--The following statement is being issued by Robbins Geller Rudman & Dowd LLP regarding the Under Armour Securities Litigation: IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF MARYLAND In re UNDER ARMOUR SECURITIES LITIGATION Civil No. RDB-17-388 CLASS ACTION This Document Relates To: ALL ACTIONS. SUMMARY NOTICE TO: ALL PERSONS AND ENTITIES WHO PURCHASED OR OTHERWISE ACQUIRED CLASS A AND CLASS C COMMON STOCK OF UNDER ARMOUR, INC. (“UNDER ARMOUR”) BE
Taconic Capital Advisors Provides Invesca with a $22 Million Mezzanine Loan to Recapitalize and Complete its PIXL Project
NEW YORK--(BUSINESS WIRE)--Taconic Capital Advisors LP (“Taconic”) today announced that it has provided Invesca, a leading real estate development company, with a new $22.0 million mezzanine loan to facilitate the completion of its PIXL project, an eight-story mid-rise apartment complex that is under construction as part of a vibrant residential master-planned community in Plantation, Florida. Taconic’s new mezzanine financing—in conjunction with new senior financing provided by Madison Realty
Nuveen Preferred and Income Term Fund Announces Final Results of Tender Offer and Increase in Distribution Rate
NEW YORK--(BUSINESS WIRE)--Nuveen Preferred and Income Term Fund (NYSE: JPI) announced the final results of a tender offer. As previously announced, the fund conducted a tender offer allowing shareholders to offer up to 100% of their common shares for repurchase for cash at a price per share equal to 100% of the net asset value (NAV) per share as of the close of ordinary trading on the New York Stock Exchange on the expiration date of the tender offer. The tender offer expired on August 14, 202
M-Files Unveils Knowledge Work Automation Capability Maturity Model and Toolkit
AUSTIN, Texas--(BUSINESS WIRE)--M-Files, the leader in knowledge work automation, today unveiled the M-Files Knowledge Work Automation Capability Maturity Model (CMM) and introduced a toolkit to help organizations assess where they are in their digital transformation journey for content and information management. The toolkit, which helps companies create a roadmap for a best-in-class digitalization strategy utilizing automation, includes: The M-Files Knowledge Work Automation Capability Maturi
FICO Brings Free Financial Literacy Workshops to Washington, D.C. on Final Stop of Chelsea FC’s Summer Tour
WASHINGTON--(BUSINESS WIRE)---- $FICO--On August 24, global analytics software leader, FICO, will host two free events: a free Score A Better Future ™ (SABF) event for adults and a Score A Better Future Fundamentals credit education event for teens. These events aim to provide Washington, D.C. residents with the knowledge and resources necessary to enhance their understanding of their future financial health, including the role of credit and an overview of the FICO® Score, the credit score used by 90% of
MAI TALENT Connects You with World-Class Coaches
HELSINKI, Finland--(BUSINESS WIRE)-- #MAI--MAI TALENT is an international coaching platform designed to guide individuals and organizations towards sustainable growth and innovation.
Gibraltar Industries Appoints Joseph A. Lovechio as Chief Financial Officer
BUFFALO, N.Y.--(BUSINESS WIRE)---- $ROCK #ROCK--Gibraltar Industries, Inc. (Nasdaq: ROCK), a leading manufacturer and provider of products and services for the residential, renewable energy, agtech and infrastructure markets, has announced the appointment of Joseph A. Lovechio as Chief Financial Officer, effective August 19, 2024. Mr. Lovechio, who was previously Chief Financial Officer, North America Region for Whirlpool Corporation, a kitchen and laundry appliance company with reported 2023 revenue of approx