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BIIB Investors Have Opportunity to Lead Biogen Inc. Securities Fraud Lawsuit with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)--BIIB Investors Have Opportunity to Lead Biogen Inc. Securities Fraud Lawsuit with the Schall Law Firm
Lyceus Group Shortlisted for Hedgeweek US Leadership Awards 2024
SEATTLE--(BUSINESS WIRE)--Lyceus Group, a leading boutique financial public relations firm, is proud to announce it has been shortlisted for "PR and Communications Firm of the Year" at the 2024 Hedgeweek US Leadership Awards. This nomination underscores Lyceus Group's unique approach to financial communications and the positive impact it is having amongst Lyceus clients. Tucker Slosburg, President of Lyceus Group, expressed his enthusiasm, saying, "We are thrilled to be acknowledged as one of t
First Eagle High Yield Municipal Fund Reaches $2 Billion in Total Assets, Reflecting Investor Confidence in the Market and the Team’s Expertise
NEW YORK--(BUSINESS WIRE)--First Eagle Investments (“First Eagle”) is pleased to announce that the First Eagle High Yield Municipal Fund (A Shares: FEHAX; I Shares: FEHIX; C Shares: FEHCX; R6 Shares: FEHRX) has eclipsed $2 billion in total assets**. The Fund seeks to provide high current income exempt from regular federal income taxes; capital appreciation is a secondary objective when consistent with the Fund’s primary objective. The Fund (I Shares: FEHIX) had a distribution yield of 5.89% as
OV Loop Acquires Skipti To Help Drivers, Retailers and Mobility Network Companies Facilitate Profitable & Sustainable Transportation
BOSTON--(BUSINESS WIRE)--OV Loop Acquires Skipti To Help Drivers, Retailers and Mobility Network Companies Facilitate Profitable & Sustainable Transportation
ETF Adoption Strong Among Financial Advisors and Institutions
BOSTON--(BUSINESS WIRE)--State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT) today released the results of its 2024 ETF Impact Survey, which reveals more than two thirds of financial advisors (70%) “always” or “often” recommend ETFs to their clients and a similar percentage of institutional investors (67%) use ETFs in investment strategies. While less than half of all individual investors (45%) currently have ETFs in their portfolio —adoption by i
Dwight Capital Launches Dwight Green Finance, C-PACE Lending Platform
MIAMI--(BUSINESS WIRE)--Dwight Capital has expanded its services unveiling Dwight Green Finance, a lending platform led by Lisa Nordel, aimed at financing a range of property improvements through C-PACE (Commercial Property Assessed Clean Energy). This strategic initiative complements Dwight’s existing suite of financial solutions, including bridge loans, mezzanine, and HUD lending platforms, providing commercial property owners with additional capital options. C-PACE empowers property owners t
Women Urge Support for $8 Billion J&J Talcum Powder Settlement as July 26th Deadline Approaches
NEW YORK--(BUSINESS WIRE)--Women diagnosed with ovarian cancer after using J&J's talcum powder products are urging others to vote in favor of the proposed settlement plan.
ICONIQ Growth Closes $5.75 Billion to Support the Next Generation of Exceptional Founders
SAN FRANCISCO--(BUSINESS WIRE)--ICONIQ Growth, ICONIQ’s venture and growth investing platform, announced the closing of $5.75 billion in capital commitments in its seventh and latest flagship fund. With this fund, ICONIQ Growth continues its strategy of partnering with exceptional founders and an unmatched community to transform extraordinary ideas into world-changing realities. The closing of this fund brings the total capital commitments of ICONIQ Growth to $21 billion across all funds raised
Milestone Capital Enters the Pipe Coating Industry and Expands Its Portfolio with the Acquisition of MCIP Industrial Enterprises Corp.
HOUSTON--(BUSINESS WIRE)--Milestone Capital, Inc., in collaboration with D2 Equity Capital, LLC, has acquired a majority interest in a newly formed entity specifically created to acquire the assets of MCIP Industrial Enterprises Corp. This acquisition includes MCIP’s pipe coating plants in Pearland, Texas and will help position MCIP to be one of the fastest growing pipe coating companies in the Gulf Coast. “We are excited to expand our portfolio of companies by bringing MCIP into the fold,” sai
AREX Capital Urges Fellow Stockholders to Support Meaningful Change at Enhabit at the Upcoming Annual Meeting
NEW YORK--(BUSINESS WIRE)--AREX Capital Management, LP (together with its affiliates, “AREX”), the beneficial owner of approximately 4.9% of the outstanding common shares of Enhabit, Inc. (NYSE: EHAB) (“Enhabit” or the “Company”), today issued an open letter to its fellow stockholders asking them to address the deficiencies of Enhabit’s current board of directors by electing the full AREX slate, which AREX believes will support the creation of long-term value for all stockholders. The full text
The New Payday is Every Day: Study Finds Workers and Employers Prefer Same Day Pay
CHICAGO & PHILADELPHIA--(BUSINESS WIRE)-- #digitalpayments--Onbe, a leading corporate payouts platform, and TimeForge, a full-featured labor management system for the retail and food service industries, recently released the findings from their 2024 Same Day Pay Survey. As rising prices over the last two years have made financial wellness top of mind in many households, the study by Onbe and TimeForge has revealed that same day pay is a popular solution, with 70% of hourly employees eager to take advantage of sam
Barings Announces Investment in Diversified Packaging
CHARLOTTE, N.C.--(BUSINESS WIRE)--Barings, one of the world’s leading investment managers, today announced it has provided a second lien debt and equity co-investment to support Mill City Capital’s recapitalization of Diversified Packaging Holdings, LLC. Headquartered in Blaine, Minnesota, Diversified Packaging is a provider of pre-press products and services to the packaging industry, serving commercial printing companies, corrugate packaging companies, and various other customers across the u
Cotchett, Pitre & McCarthy Announces California Court Orders Safelite AutoGlass to Answer Whistleblower Complaint Alleging Rampant Insurance Fraud; Case Set for September 2025 Trial
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Cotchett, Pitre & McCarthy, LLP announces the San Mateo County Superior Court in California denied a motion to strike a whistleblower complaint filed against Safelite Group Inc., Safelite AutoGlass and Safelite Solutions LLC, alleging widespread violations of California’s Insurance Fraud Prevention Act (CFPA). In the unsealed complaint, the whistleblower, Brian Williams, a former Safelite product development and strategy manager, alleges that Safelite
i2c Inc. Announces Strategic Partnership with Beyon Money Business to Launch Corporate Card Program
REDWOOD CITY, Calif.--(BUSINESS WIRE)--i2c Inc., a leading provider of digital banking and payments solutions, today announced that it is partnering with Beyon Money Business, a new vertical offering digital financial solutions for SMEs and Corporates, to launch an advanced corporate expense card program tailored to the small to mid-size enterprise sectors. The program will be available in Bahrain initially and throughout the states of the Gulf Cooperation Council (GCC) in the future. Leveragin
PensionPro and Payroll Integrations Simplify 401(k) Compliance Testing for Third-Party Administrators
HARRISBURG, Pa.--(BUSINESS WIRE)--PensionPro, a provider of workflow automation software for third-party administrators (TPA), announced today it is partnering with Payroll Integrations, the technology company that’s reimagining how employers support employees’ financial well-being through benefit automation. The companies will work together to automate the collection of payroll and employee census data for third-party administrators (TPAs) through Payroll Integrations’ TPA Connect Platform. TP
Pinnacle Is One of the Country’s Top 10 Workplaces for Millennials
NASHVILLE, Tenn.--(BUSINESS WIRE)---- $PNFP #greatplacetowork--Pinnacle Financial Partners (Nasdaq/NGS: PNFP) remains one of the best workplaces in the nation for millennials. The firm earned the No. 9 spot on the latest list of Best Workplaces for Millennials from FORTUNE magazine and Great Place To Work®. This is Pinnacle’s seventh consecutive appearance. Earlier this year, it was named No. 11 on the overall list of Best Companies to Work For in the United States. To determine the Fortune Best Workplaces for Millennials
Atar Capital Announces the Strategic Exit of Full-Service Distribution Company
LOS ANGELES--(BUSINESS WIRE)--Atar Capital, a Los Angeles-based global private investment firm, announced today the sale of its affiliate, Microcel, a leader in the distribution of global technology and innovation brands across Canada, to TDL Gentek. The deal closed on July 17th. Originally founded in 1989 in Newmarket, Ontario, the Company offers distribution and value-add services to an established portfolio of global brands, as well as a proven multi-channel customer base that includes Canad
Clipper Realty Inc. to Report Second Quarter 2024 Financial Results
NEW YORK--(BUSINESS WIRE)--Clipper Realty Inc. (NYSE: CLPR) (the “Company”), an owner and operator of multifamily residential and commercial properties in the New York metropolitan area, today announced that it will release financial results for the quarter ended June 30, 2024, after the market closes on Thursday, August 1, 2024. The Company will host a conference call that same day at 5:00 PM (ET) to discuss the financial results and provide a business update. The conference call can be access
FundingShield, the Market Leader in Wire & Title Fraud Prevention, Released Its Q2 2024 Report Showing Nearly Half of Transactions Were at Risk
NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- #compliancemanagement--FundingShield, the market leader in wire & title fraud prevention, released its Q2 2024 report showing nearly half (47%) of transactions were at risk. Disparate systems and processes between the title and lending communities as well as cyber-related risk from bad actors drove these high figures. An increase in title-related claims has been noticed as well as execution errors by closing agents, meaning a thorough review process is needed by lenders at
Wilson Sonsini Expands Corporate Practice as Compensation and Benefits Partner Brandon Gantus Rejoins the Firm
PALO ALTO, Calif.--(BUSINESS WIRE)--Wilson Sonsini Goodrich & Rosati, the premier provider of legal services to technology, life sciences, and growth enterprises worldwide, announced today that Brandon Gantus has rejoined the firm as a partner and co-leader of the employee benefits and compensation practice. Based in San Francisco, Gantus focuses on representing public and private companies on benefits and compensation matters. He has particular experience counseling technology and life sci