Feed aggregator
PBIRx Announces Key Leadership Addition to Meet Unprecedented Client and Account Team Growth
MILFORD, Conn.--(BUSINESS WIRE)-- #pbirx--PBIRx Announces Key Leadership Addition to Meet Unprecedented Client and Account Team Growth, Naming Stacy Mathews, Director, Account Management
KBRA Assigns Preliminary Ratings to ACHM Trust 2024-HE2 (ACHM 2024-HE2)
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 3 classes of mortgage-backed notes from ACHM Trust 2024-HE2 (ACHM 2024-HE2), a $253.2 million RMBS transaction sponsored by Lendage, LLC, d/b/a Achieve Home Loans (AHL or Achieve Home Loans) and Jefferies LLC. The transaction consists entirely of first and second lien home equity line of credit (HELOC) loans. The underlying pool is seasoned two months and comprises of 4,229 loans originated by Achieve Home Loans. The HELOC collatera
Regional Management Corp. Offers Assistance to Customers Impacted by Hurricane Helene
GREENVILLE, S.C.--(BUSINESS WIRE)--Regional Management Corp. (NYSE: RM), a diversified consumer finance company operating through its Regional Finance subsidiaries, is offering borrower assistance programs to provide relief to customers in the Southeast who have been impacted by Hurricane Helene. The programs provide a variety of options to eligible customers, including loan payment deferrals, loan modifications, and certain fee waivers. Regional Finance team members also stand ready to assist
Revlon Enters Into Senior Secured Asset-Based Credit Facility Led by MUFG
NEW YORK--(BUSINESS WIRE)--On September 30, 2024, Revlon Intermediate Holdings III (“Revlon”) and certain of its subsidiaries entered into a five-year senior secured asset-based credit agreement (the “Credit Agreement”) with Mitsubishi UFJ Financial Group (“MUFG”), as administrative agent, and the lenders party thereto. The Credit Agreement provides Revlon with a revolving credit facility in an aggregate principal amount of $350 million and replaces Revlon’s current revolving credit agreement e
Labaton Keller Sucharow LLP Announces Expanded Securities Class Action Lawsuit Filed Against PDD Holdings Inc. and Certain Executives
NEW YORK--(BUSINESS WIRE)--Labaton Keller Sucharow LLP (“Labaton”) announces that, on September 30, 2024, it filed a securities class action lawsuit (the “Complaint”) on behalf of its client Macomb County Retiree Health Care Fund against PDD Holdings Inc. (“PDD” or the “Company”) (NASDAQ: PDD) and certain PDD officers (collectively, “Defendants”). The action, which is captioned Macomb County Retiree Health Care Fund v. PDD Holdings Inc. f/k/a Pinduoduo Inc., No. 24-cv-6881 (E.D.N.Y. September 3
Seminal New Research Proves That Providing Fiber Broadband Experiences to Rural Communities Boosts Income, Entrepreneurship, and Business Investment
HARTLAND, Vt.--(BUSINESS WIRE)---- $CALX #calix--A new peer-reviewed economic study released today by the nonprofit Center on Rural Innovation (CORI) reveals groundbreaking evidence that fiber-fed broadband experiences enabled by local providers in rural communities significantly boost income, entrepreneurship, and business investment. “Beyond Connectivity: The Role of Broadband in Rural Economic Growth and Resilience” compares economic data from three types of rural communities: underserved communities, commun
KBRA Assigns Preliminary Ratings to FREMF 2024-K757 and Freddie Mac Structured Pass-Through Certificate Series K-757
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA is pleased to announce the assignment of preliminary ratings to four classes of FREMF Series 2024-K757 mortgage pass-through certificates and three classes of Freddie-Mac structured pass-through certificates (SPCs), Series K-757. FREMF 2024-K757 is an $843.2 million CMBS multi-borrower transaction. Freddie Mac will guarantee six classes of certificates issued in the underlying Series 2024-K757 securitization and will deposit the guaranteed underlying certificates
LULU DEADLINE REMINDER: Important October 7, 2024 Deadline Reminder in lululemon athletica inc. Securities Class Action Lawsuit
RADNOR, Pa.--(BUSINESS WIRE)-- #classaction--The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Southern District of New York against lululemon athletica inc. (“lululemon”) (NASDAQ: LULU) on behalf of investors who purchased or otherwise acquired lululemon securities between December 7, 2023 and July 24, 2024, inclusive (the “Class Period”). The case is assigned to the Honorab
CMTC Partner SFMade Helps Probiotic Kefirs & Shots Manufacturer Boost Sales with Strategic Planning & Guidance
LONG BEACH, Calif.--(BUSINESS WIRE)-- #bayarea--SFMade, a CMTC California’s Manufacturing Network Partner located in San Francisco, recently provided strategic guidance to probiotic and shots manufacturer Kefir Lab to help the company establish themselves in the market. Kefir Lab was founded in 2019 on the idea that good health begins in the gut. Since then, Kefir Lab has been dedicated to helping people around the world restore their gut microbiomes with functional probiotic kefirs and shots. With the mi
Linqto's Trading Platform is Democratizing Private Investing
SAN JOSE, Calif.--(BUSINESS WIRE)--Linqto, a leading financial technology platform providing individual investors access to private markets, today announced strategic developments as it evolves its business focus into its broker-dealer. By leveraging its affiliated broker-dealer, Linqto Capital, Linqto seeks to expand its offerings to help it become the top marketplace for trading of private company investments, enabling greater liquidity and access to the private markets. “Linqto’s mission to
Miss America Air Force Lieutenant Madison Marsh Joins Trailblazing Navy Admiral to Inspire at INCLUSION 2024
ALEXANDRIA, Va.--(BUSINESS WIRE)--SHRM, the trusted authority on all things work, proudly announces Madison Marsh, 2nd Lieutenant in the Air Force and 2024 Miss America, will take the main stage at INCLUSION 2024 this November in the Denver, Colorado metro area and virtually. Marsh will join Admiral Michelle J. Howard (Retired), the first female U.S. Navy Four-Star Admiral to illuminate the transformative power of representation through their captivating stories and firsthand experiences. Madis
MSCI Schedules Earnings Call to Review Third Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, announced today it will release its results for the third quarter 2024 on Tuesday, October 29, 2024, before the market opens. A copy of the earnings release, as well as an earnings presentation and a quarterly update, will be made available on MSCI’s Investor Relations website. MSCI’s senior management will review the third quarter 2024 resul
Synovus names Tommy Flinn as upstate South Carolina market executive
COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus Bank has named Tommy Flinn as market executive for upstate South Carolina, covering Greenville and Spartanburg effective Sept. 30.
Indeed, Hillman Grad, and 271 Films Announce Rising Voices Season 5: Creating Opportunities for Underrepresented Filmmakers
AUSTIN, Texas--(BUSINESS WIRE)-- #DEI--Indeed, the world’s #1 job site1, announces the launch of Rising Voices Season 5 and is now accepting applications. Created in collaboration with Emmy Award-winning writer, producer, and actor, Lena Waithe, her company, Hillman Grad, and 271 Films, this groundbreaking initiative champions diverse Black, Indigenous, and People of Color (BIPOC) filmmakers in the U.S. by providing a platform to tell compelling stories that explore the future of work. “Rising Voices
Balmoral Funds Acquires Xirgo Technologies, Former Sensata Insights Business Unit
SANTA MONICA, Calif.--(BUSINESS WIRE)--An affiliate of Balmoral Funds LLC has successfully acquired and rebranded Sensata Technologies' (NYSE: ST) Insights business unit as Xirgo Technologies. This strategic move establishes Xirgo as an independent leader in IoT solutions, primed for accelerated growth and innovation. Chris Wolfe, an IoT industry veteran with extensive leadership experience, including roles as CEO of PowerFleet and President of OmniTRACS, has been appointed CEO of Xirgo Technol
Balmoral Funds Acquires DWFritz Automation, LLC
LOS ANGELES & WILSONVILLE, Ore.--(BUSINESS WIRE)--DWFritz Automation (“DWF” or the “Company”), a leading provider of customized nano-automation solutions and precision metrology, has been acquired from Sandvik AB (OM: SAND) by an affiliate of Balmoral Funds LLC. Balmoral's acquisition partners include industry veterans Michael Pacione, Paul Cihak, Tyler McCoy, and Jason Darley, who will serve as owners and board members, bringing their expertise in automation, semiconductor, and A&D technol
First BanCorp to Announce 3Q 2024 Results on October 23, 2024
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that it expects to report its financial results for the third quarter ended September 30, 2024, before the market opens on October 23, 2024. First BanCorp will hold a conference call and live webcast to discuss the financial results at 10:00 a.m. Eastern time on Wednesday, October 23, 2024. The call and webcast will be broadcast live over the
VisualVault Legacy Data Archive Solution Adoption Accelerating Across Healthcare Specialties
TEMPE, Ariz.--(BUSINESS WIRE)--VisualVault expands its Legacy Data Archive services, now supporting major hospitals, physician groups, and a growing number of medical specialties.
UNITED NATURAL FOODS INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of United Natural Foods, Inc. - UNFI
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into United Natural Foods, Inc. (“United Natural” or the “Company”) (NYSE: UNFI). In March 2023, the Company disclosed year-over-year declines of $6 million in gross profit and over 71% in net income and earnings per diluted share for its fiscal 2023 second quarter, despite a 6% increase
The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Bumble Inc. (BMBL) Investors
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Bumble Inc. (BMBL) Investors