Lastest from Businesswire

CHICAGO & OAKLAND, Calif.--(BUSINESS WIRE)--Quincy Data, the leading ultra-low latency market data technology provider, today announced a time synchronization service covering major US financial exchanges that is precise to sub-nanoseconds. Quincy’s Time Synchronization as a Service (TSaaS) provides a plug-and-play solution for precise time distribution across the New Jersey and Chicago metro regions. As trading firms seek greater precision and resilience, Quincy's TSaaS simplifies the complexi

ST. LOUIS--(BUSINESS WIRE)--ATIS Expands its Footprint into Vermont Through Acquisition of Vermont Elevator Inspection Services

CHARLOTTE, N.C. & NEW YORK--(BUSINESS WIRE)--Kian Capital Partners and RF Investment Partners, two lower-middle-market-focused private investment firms, are proud to announce the formation of US VisionMed Partners, a management services organization (MSO) supporting established, medically focused optometry practices nationwide. US VisionMed is one of the only platforms in the United States going beyond the bounds of routine and retail-centered offerings, focusing on serving patients who may req

BELLEVUE, Wash.--(BUSINESS WIRE)--Icertis, the global leader in AI-powered contract intelligence, today released its 2025 executive insights survey titled Powering Profitability: The new economics of customer and supplier relationships. Based on responses from more than 1,000 c-suite leaders, the survey found that 90 percent of CEOs and over 80 percent of CFOs are leaving money on the table during contract negotiations. After a contract is signed, businesses also lose an average of 9 percent of

LONDON--(BUSINESS WIRE)--Global Relay, a leading provider of integrated digital communications and recordkeeping, announces its AI-enabled surveillance solution to support the increased need for communications surveillance to meet evolving regulatory requirements. The adaptable solution design addresses the limitations experienced by vendors using specialized AI, including poor data quality, constant model training and tuning, dependencies on large training dataset creation for risk or language

MUNICH--(BUSINESS WIRE)--November 13, 2024 3Q 2024: Total business volume advances 17.3 percent to 42.8 billion euros Operating profit increases 13.6 percent and reaches 3.9 billion euros, attributable to very good results in the Property-Casualty segment Shareholders’ core net income reaches 2.5 billion euros, an increase of 23.0 percent 9M 2024: Total business volume rises 9.6 percent to 133.9 billion euros Operating profit increases by 7.9 percent to 11.8 billion euros driven by all business

SEATTLE--(BUSINESS WIRE)--Amazon (NASDAQ: AMZN) today announced Black Friday Week and Cyber Monday deal events, kicking off November 21 at 12:01 a.m. PST through December 2. Customers can shop millions of deals across more than 35 categories, including electronics, home, beauty, and fashion from popular brands like Sonos, Staub, Supergoop!, and Levi’s. Customers can also shop deals on some of the hottest toys of the season including from brands like Squishmallows, Furby, and Tonies; holiday mus

SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart Announces Pricing of Offering of $425,000,000 of 1.00% Convertible Senior Notes Due 2030

NEW YORK--(BUSINESS WIRE)--Investcorp Credit Management BDC, Inc. (NASDAQ: ICMB) (“ICMB” or the “Company”) announced its financial results today for its fiscal quarter ended September 30, 2024. HIGHLIGHTS On November 6, 2024, the Company’s Board of Directors (the “Board”) declared a distribution of $0.12 per share for the quarter ending December 31, 2024, payable in cash on January 8, 2025, to stockholders of record as of December 20, 2024. During the quarter, ICMB made investments in three new

LOS ANGELES--(BUSINESS WIRE)--CMG Investors Have Opportunity to Lead Chipotle Mexican Grill, Inc. Securities Fraud Lawsuit with the Schall Law Firm

NEW YORK--(BUSINESS WIRE)--Better Home & Finance Holding Company (NASDAQ: BETR; BETRW) (“Better” or the “Company”), a New York-based digitally native homeownership company, today reported financial results for its third quarter ended September 30, 2024. “We are pleased with the year-over-year growth we achieved in Q3 and the opportunity to help thousands of Americans achieve their homeownership goals this quarter. Our team delivered these results despite limited interest rate relief and con

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) ("we", "us," or "our") today reported financial results for the quarter ended September 30, 2024. Highlights Net income (loss) of $5.4 million, or $0.21 per share. Adjusted Distributable Earnings1 of $7.2 million, or $0.28 per share. Book value of $6.85 per share as of September 30, 2024, which includes the effects of dividends of $0.24 per share for the quarter. Net interest margin2 of 9.65% on credit, 3.52% on Agency

BRAMPTON, Ontario--(BUSINESS WIRE)--Q3 2024 Press Release

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA places the City's G.O. Bond rating on Watch Downgrade and assigns a long-term rating of "A" to the City of Chicago’s General Obligation Bonds, Refunding Series 2024B and Taxable Refunding Series 2024C. The Watch Downgrade reflects the mounting fiscal challenges confronting the City in light of a $982.4 million projected 2025 Corporate Fund budgetary shortfall. KBRA expects to resolve the Watch status by early January 2025, pending the outcome of budget deliberati

SAN ANTONIO, Texas--(BUSINESS WIRE)--AiAdvertising, Inc. (OTC: AIAD), an industry leader in AI-powered digital advertising solutions, has reported its financial and operational results for the second quarter ended June 30, 2024. Key Second Quarter and Subsequent 2024 Highlights and Business Update Revenue for Q2 2024 was $2.3 million, compared to $1.6 million in Q2 2023, an increase of 45%. Gross loss margin of (6.6%) in Q2 2024, compared to (22.6%) in the same year ago period. Platform License

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that Christopher Schaper has been appointed Chief Risk Officer of AIG, effective immediately. Mr. Schaper will continue to report to Peter Zaffino, AIG Chairman & Chief Executive Officer and will continue to serve on AIG’s Executive Leadership Team. Mr. Schaper has held the role of Chief Risk Officer on an interim basis since September 2024, while also serving as AIG’s Global Chief Underwriting Officer

COLUMBIA, S.C.--(BUSINESS WIRE)--More than 150 plaintiffs have filed suit against Cape, PLC, its subsidiaries and global affiliates including Anglo American (OTCQX: NGLOY), De Beer Group PLC (OTCQX: AAUKF), and ESAB Corp. (NYSE: ESAB), which imported and distributed carcinogenic asbestos in the United States for decades. “Cape and its related entities, by its own admission, sold more than 95% of the type of asbestos commonly used in industry and on U.S. Navy ships for decades. That asbestos is

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to three classes of notes issued by Santander Drive Auto Receivables Trust 2024-S3 ("SDART 2024-S3"), a re-securitization of a portion of the Class D notes (the "Underlying Class D Notes") and the entire certificate (the "Underlying Certificate") issued from the Santander Drive Auto Receivables Trust 2021-3 auto loan transaction ("SDART 2021-3" or the "Underlying Securitization Transaction"). The SDART 2024-S3 Class DX Notes are collat

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a rating of BBB+ to Blue Owl Capital Corporation's (NYSE: OBDC or "the company") $400 million, 5.95% senior unsecured notes due 2029. The Outlook for the rating is Stable. The company intends to use proceeds to pay down secured debt. Key Credit Considerations The rating is supported by OBDC's ties to the $128.4 billion Blue Owl Credit platform that maintains a strong reputation and leadership position in the $1.7 trillion private credit market. OBDC's exp

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term rating of AA- with a Stable Outlook to the City of Chicago Second Lien Wastewater Transmission Revenue Bonds, Refunding Series 2024B. The long-term rating reflects the Wastewater System’s strong financial flexibility, historically stable operating performance, and the favorable characteristics of the large and diverse service area. Concurrently, KBRA affirms the long-term rating of AA- with a Stable Outlook on the City of Chicago's parity Seco