Lastest from Businesswire
Tekla World Healthcare Fund Paid Distribution
BOSTON--(BUSINESS WIRE)--On February 28, 2023, Tekla World Healthcare Fund paid a monthly distribution of $0.1167 per share. It is currently estimated that this distribution is derived from return of capital or other capital source. The composition of this and subsequent distributions may vary from month to month because it may be materially impacted by future realized gains and losses on securities. The aggregate of the net unrealized depreciation of portfolio securities and net realized losse
Tekla Healthcare Opportunities Fund Paid Distribution
BOSTON--(BUSINESS WIRE)--On February 28, 2023, Tekla Healthcare Opportunities Fund paid a monthly distribution of $0.1125 per share. It is currently estimated that this distribution is derived from net realized short-term capital gains, net realized long-term capital gains and return of capital or other capital source. The composition of this and subsequent distributions may vary from month to month because it may be materially impacted by future realized gains and losses on securities. The agg
YUPRO Placement Invites Employers to Adopt Skills-First Hiring Practices
BOSTON--(BUSINESS WIRE)--YUPRO Placement is launching its #skillsfirstjobsnow campaign, bringing together an ecosystem of employers elevating traditionally overlooked talent.
TEKsystems 2023 State of Digital Transformation Report Reveals How Economic Uncertainty Impacts Decision Making and the Journey Forward
HANOVER, Md--(BUSINESS WIRE)--TEKsystems, a global provider of technology, business and talent solutions for more than 80% of the Fortune 500, released its fourth annual State of Digital Transformation report. This year’s report builds on the findings of the previous three by expanding the global view to provide new insights on how digital leaders drive organizational transformation. Over the last three years, organizations heavily invested in their digital transformation journeys. Today, 72% o
Sarissa Capital Wins Proxy Contest Against Amarin by Huge Landslide
GREENWICH, Conn.--(BUSINESS WIRE)--Sarissa Capital Management LP today issued the following statement regarding Amarin Corporation plc (NASDAQ: AMRN): Amarin shareholders have sent a loud and clear message repudiating the incumbent Amarin board. Sarissa thanks fellow shareholders for their support in a resounding victory against the Amarin board. Our estimate is that up to nearly 80% of shareholder votes were in support of Sarissa. As Amarin’s largest shareholder, we are grateful for the opport
AM Best Maintains Under Review with Developing Implications Status for Credit Ratings of Members of Columbian Financial Group
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has maintained the under review with developing implications status for the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Ratings of “bb+” (Fair) of Columbian Mutual Life Insurance Company (Columbian) (Binghamton, NY) and Columbian Life Insurance Company (Chicago, IL), collectively referred to as Columbian Financial Group (CFG). The Credit Ratings (ratings) reflect CFG’s balance sheet strength, which AM Best assesses as adequate, a
LegalNet Turns 30: How This Small Business Is Changing InsurTech With 1 Simple Approach
SPRINGFIELD, Mo.--(BUSINESS WIRE)-- #happyanniversary--Founded in 1993, LegalNet Inc has been a leader in litigation cost management and data analytics. Here's how they kept their small business strong.
Retirable Releases ‘State of Retirement’ Survey; Finds Only Less Than a Third Seeking Professional Guidance Despite Low Confidence in Retirement Planning
NEW YORK--(BUSINESS WIRE)--Retirable, the first-of-its-kind holistic retirement solution, today announced the release of its first 'State of Retirement’ study, which sums up how more than 2,000 U.S. individuals nearing and in retirement plan to spend their time, money, and resources. Known for its holistic approach to retirement alongside the ongoing care of an advisor, Retirable is designed for the 50 million Americans approaching retirement in the next decade without a formal retirement plan.
Vestigo Ventures Invests in Knowbl Enterprise-Ready Conversational AI Platform
CAMBRIDGE, Mass.--(BUSINESS WIRE)-- #CRS2023--Vestigo Ventures Invests in Knowbl: Conversational AI Platform Leverages On-Brand, Compliant Content, Negating Enterprise Concerns of ChatGPT
Corporate America Credit Union Becomes Nacha Direct Member
HERNDON, Va.--(BUSINESS WIRE)--Nacha announced today the addition of Corporate America Credit Union as a Nacha Direct Member. Nacha now has 44 Direct Members, consisting of financial institutions and Payments Associations, who are key contributors to the Nacha rulemaking process, professional accreditation programs and ACH advocacy and education. "Nacha welcomes Corporate America Credit Union as a Direct Member, and we look forward to their insights and perspective as we continue to ensure the
Behavox Quantum Provides Complete Coverage of Compliance Risks Across Energy and Mining Sectors
NEW YORK--(BUSINESS WIRE)--Behavox, the security software company using the application of Artificial Intelligence for monitoring of text and voice communications, announced today that its flagship product Behavox Quantum now provides complete coverage of compliance risks for Commodities across Energy and Mining. With the increase in regulatory activity and fines targeting commodity trading firms, Behavox Quantum offers comprehensive coverage for risks like benchmark and index manipulation, abu
Riskalyze Partners with Opto Investments to Expand Access to Private Market Investment Solutions
AUBURN, Calif.--(BUSINESS WIRE)-- #Alternatives--Riskalyze partners with Opto Investments to expand advisors' access to private market investment solutions from an exclusive pool of managers.
Popular, Inc. Declares a Cash Dividend of $0.55 per Common Share
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (NASDAQ: BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.55 per share on its outstanding common stock. The dividend will be payable on April 3, 2023 to shareholders of record at the close of business on March 20, 2023. About Popular, Inc. Popular, Inc. (NASDAQ: BPOP) is the leading financial institution in Puerto Rico, by both assets and deposits, and ranks among the top 50 U.S. bank holding com
Dollar For Report Finds Oregon Hospitals Avoiding New Law to Bankrupt Patients
PORTLAND, Ore.--(BUSINESS WIRE)-- #affordablecareact--Dollar For OR report
Axiad Names Jon Skoglund Chief Financial Officer
SANTA CLARA, Calif.--(BUSINESS WIRE)--Axiad, a leading provider of organization-wide passwordless orchestration, today announced that Silicon Valley veteran Jon Skoglund has joined the company as chief financial officer (CFO). As CFO, Skoglund will ensure that Axiad puts optimal infrastructure and processes in place as it scales for continued upward growth in the fast-growing identity security space. Its award-winning Axiad Cloud platform recently propelled the company to a #1 ranking in the pa
RestorixHealth, AMT Unite Under New Corporate Branding
METAIRIE, La.--(BUSINESS WIRE)--American Medical Technologies (AMT) and RestorixHealth have completed an extensive rebrand and will unite under the RestorixHealth name.
Rivonia Road Capital Provides $75M to Naspers-Backed Global Car Subscription Fintech Planet42
LOS ANGELES--(BUSINESS WIRE)--Rivonia Road Capital Provides $75M to Naspers-Backed Global Car Subscription Fintech Planet42
Papamarkou Wellner Asset Management to Change Name to Papamarkou Wellner Perkin and Launch M&A Advisory Arm
NEW YORK--(BUSINESS WIRE)--Papamarkou Wellner Asset Management will be rebranded Papamarkou Wellner Perkin (“PWP”). Driven by client demand, the firm will also be expanding its’ platform with the launch of a dedicated Mergers & Acquisitions Advisory vertical to compliment PWP’s existing businesses. Karl Wellner, PWP’s CEO and Chairman stated: “It’s our 40th Anniversary as a firm and an excellent moment to build on our brand. Thorne Perkin has served as a Partner and President of the company
Interactive Brokers Launches Redesigned IBKR Campus Website to Empower Investors Globally
GREENWICH, Conn.--(BUSINESS WIRE)--Interactive Brokers (Nasdaq: IBKR) today announced a revamped IBKR Campus website providing free educational resources to all levels of investors.
Oaktree Launches Oaktree Lending Partners to Pursue Opportunities in Sponsor-Backed Lending
LOS ANGELES--(BUSINESS WIRE)--Oaktree Capital Management, L.P. has announced the launch of private credit-focused Oaktree Lending Partners and its related vehicles (OLP).