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Synovus to participate at Barclays Global Financial Services Conference

Mon, 08/19/2024 - 09:05
COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus to participate at Barclays Global Financial Services Conference

Most Parents Think It’s Important to Implement the Science of Reading, But Few Say Their Child’s School Does

Mon, 08/19/2024 - 09:05
BOSTON--(BUSINESS WIRE)--More than eight in 10 (86%) parents[1] say it is very (55%) or somewhat (31%) important that their child's school implements the science of reading and principles of structured literacy in their curriculum, according to a new national survey of more than 1,000 U.S. parents of children ages 3-17 commissioned by Lexia, a Cambium Learning Group brand, and conducted by The Harris Poll. Yet only 33% of parents say their child's school is doing so. “Over the last 11 years, 38

Vestis Announces Quarterly Cash Dividend

Mon, 08/19/2024 - 09:05
ATLANTA--(BUSINESS WIRE)--Vestis (NYSE: VSTS) today announced that its Board of Directors has approved a quarterly cash dividend of $0.035 per share of common stock. The dividend is payable to shareholders of record at the close of business on September 13, 2024, and is expected to be paid on October 3, 2024. The amount and timing of any future dividend payment is subject to the approval of the Company's Board of Directors. About Vestis™ Vestis is a leader in the B2B uniform and workplace suppl

ICE Enhances Encompass Digital Mortgage Lending Platform, Helping Lenders Connect Homebuyers to Affordable Financing Options

Mon, 08/19/2024 - 09:05
ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced several new enhancements to the Encompass® digital mortgage lending platform. As part of its mission of making the path to homeownership – and the experience from then on – as fast, accessible, and as simple as possible, ICE is making significant, ongoing investments to help lenders improve productivity, lower operational costs and provide more valu

Iron Path Capital Names Jake Fitzgerald as New CEO of PureTech Scientific

Mon, 08/19/2024 - 09:05
NASHVILLE, Tenn. & BELLE, W. Va.--(BUSINESS WIRE)--Iron Path Capital (Iron Path), a private equity firm focused on healthcare and specialty industrials, today announced the appointment of industry veteran Jake Fitzgerald as Chief Executive Officer of PureTech Scientific LLC (PureTech), a global leader in glycolic acid synthesis and technology. PureTech was founded by Iron Path after acquiring the Glycolic Acid business from The Chemours Company last August. Fitzgerald most recently served as Pr

Paychex Launches Digital Employee Benefits Marketplace

Mon, 08/19/2024 - 09:05
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

Mon, 08/19/2024 - 09:05
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

Mon, 08/19/2024 - 09:05
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

Mon, 08/19/2024 - 09:05
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

Mon, 08/19/2024 - 09:05
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

Mon, 08/19/2024 - 09:05
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

Mon, 08/19/2024 - 09:05
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

Mon, 08/19/2024 - 09:05
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

Mon, 08/19/2024 - 09:05
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

Mon, 08/19/2024 - 09:05
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

Mon, 08/19/2024 - 09:05
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

Mon, 08/19/2024 - 09:05
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

Mon, 08/19/2024 - 09:05
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

Mon, 08/19/2024 - 09:05
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

Mon, 08/19/2024 - 09:05
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

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