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Redfin Reports Mortgage Rates Drop to Lowest Level in Over a Year, Prompting Some House Hunters to Ramp Up Touring
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Mortgage rates dropped to their lowest level since April 2023 early this week, falling to a daily average of 6.34% on August 5, according to a new report from Redfin, the technology-powered real estate brokerage. Rates fell after a weaker-than-expected jobs report stoked recession fears; they have since ticked up, but they're still near the lowest level in over a year. Home prices are also falling from their peak: The median sale price was $389,750 dur
Perficient Reports Second Quarter 2024 Results
ST. LOUIS--(BUSINESS WIRE)--Perficient today reported its financial results for the quarter ended June 30, 2024.
Easterly Government Properties to Participate in NYSE Real Estate Investor Access Day
WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust (“REIT”) focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, announced today that management will participate in virtual investor meetings at the NYSE Real Estate Investor Access Day (the “NYSE Event”) on August 8th. Darrell Crate, the Company’s Chief Executive Off
iHeartMedia, Inc. Reports Results for 2024 Second Quarter
NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (Nasdaq: IHRT) today reported financial results for the quarter ended June 30, 2024. Financial Highlights:1 Q2 2024 Consolidated Results Q2 Revenue of $929 million, up 1.0%; above guidance of approximately flat Excluding Q2 Political Revenue, Q2 Revenue flat GAAP Operating loss of $910 million vs. $897 million in Q2 2023, including non-cash impairment charges of $920 million in Q2 2024 and $961 million in Q2 2023 Consolidated Adjusted EBITDA of $150
In-Store Experiential Retail Media from Freeosk Now Available on Leading DSPs via Place Exchange
CHICAGO & SAN FRANCISCO--(BUSINESS WIRE)-- #ShopRite--Freeosk announces integration with Place Exchange, the leading supply platform for programmatic out-of-home (OOH) media, to offer advertisers access to in-store, experiential retail media inventory for the first time. Marketers can now seamlessly activate messaging on Freeosk’s unique discovery kiosks that go beyond impressions to provide immersive shopper engagement. Initial in-store inventory will be available to influence shopper behavior at ShopRite
Hallmark Appoints Dimitry Plotko as Chief Product and Technology Officer
HAUPPAUGE, N.Y.--(BUSINESS WIRE)--Hallmark Health Care Solutions, a leading healthcare workforce management technology company, today announced the appointment of Dimitry Plotko as Chief Product and Technology Officer. The appointment of Dimitry comes as Co-Founder Neeraj Isaac, who has served as CTO for the past 15 years, transitions to a role as a strategic advisor to leadership and joins the company’s Board of Directors. “Dimitry brings an unrivaled enthusiasm for technological innovation, c
Muskingum County Prosecuting Attorney’s Office in Ohio to Digitally Transform Evidence Management with NICE Justice
HOBOKEN, N.J.--(BUSINESS WIRE)-- #NICE--NICE (Nasdaq: NICE) today announced that the Muskingum County (Ohio) Prosecuting Attorney’s Office will be deploying NICE Justice, one of the AI-powered solutions in NICE’s Evidencentral platform, to address challenges associated with growing digital evidence, which has increased twenty-fold in just the past few years. The Office is the first Prosecuting Attorney’s Office in Ohio to invest in NICE technology to digitally transform evidence intake, analysis and di
Snorkel AI Signs Agreement with BNY to Accelerate the Development of Predictive AI Models
NEW YORK--(BUSINESS WIRE)--Snorkel AI announced today a new strategic agreement with BNY (NYSE: BK) to provide the global financial services company with software, expertise and insights that help turn unstructured data into actionable insights and solutions for clients. Snorkel AI has been at the forefront of the transformation of AI data development – helping companies move from legacy manual efforts to a programmatic approach for more affordable, scalable and secure AI model creation. “Tech
Private Equity Firm, Montage Partners, Celebrates 20th Anniversary
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Montage Partners, a people-first private equity firm headquartered in Scottsdale, Arizona, proudly marks its 20th anniversary, celebrating two decades of providing liquidity to founders and backing them and management with capital and resources to continue to scale their companies. Founded in 2004, Montage Partners has dedicated itself to supporting founders and management teams in building upon their successful foundation, driving value creation through orga
Benson Hill Announces Second Quarter Financial Results
ST. LOUIS--(BUSINESS WIRE)---- $BHIL #BHIL--Benson Hill Announces Second Quarter Financial Results
Arche Capital to Back Early Stage Blockchain and AI Innovations in Financial Services
NEW YORK--(BUSINESS WIRE)--Seasoned blockchain founders have joined to launch Arche Capital Management LLC (“Arche Capital” or the “Firm”), a new investment manager focused on financing and guiding early-stage entrepreneurs, companies and infrastructure projects in the financial services sector. The Firm’s strategy and investment thesis is guided by deep experience in financial services infrastructure, blockchain, artificial intelligence (Al), and zero-knowledge (ZK) proof technology. Spearhead
Palmer Square Capital BDC Inc. Announces Second Quarter 2024 Financial Results
MISSION WOODS, Kan.--(BUSINESS WIRE)--Palmer Square Capital BDC Inc. (NYSE: PSBD) ("PSBD" or the "Company"), an externally managed business development company, today announced its financial results for the second quarter ended June 30, 2024. Financial and Operating Highlights Total investment income of $36.5 million for the second quarter of 2024, compared to $27.4 million for the prior year period Net investment income of $15.8 million or $0.48 per share for the second quarter of 2024, as com
One Equity Partners Completes Sale of ORS Nasco
NEW YORK--(BUSINESS WIRE)--One Equity Partners announces completing the sale of ORS Nasco.
Nexstar Media Group Reports Record Second Quarter Net Revenue of $1.27 Billion
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group reports record second quarter net revenue of $1.27 billion and returns $190 million in capital to shareholders.
Bob Glazer Joins Phreesia as Strategic Advisor
ALL-REMOTE COMPANY/WILMINGTON, Del.--(BUSINESS WIRE)--Phreesia is pleased to announce that it has named Bob Glazer as the company's Strategic Advisor.
Admiral Sir George Zambellas Joins Academy Securities’ Advisory Board and Geopolitical Intelligence Group
NEW YORK--(BUSINESS WIRE)--Academy Securities, a registered broker-dealer, certified Disabled Veteran Business Enterprise (DVBE), and Minority Business Enterprise (MBE), today announced the addition of Admiral Sir George Zambellas to its Advisory Board and Geopolitical Intelligence Group. Admiral Sir George Zambellas retired from the Royal Navy in 2016 after 36 years of service. His last 3 years in service were as the First Sea Lord and Chief of the Naval Staff, the professional head of the Roy
MeridianLink Appoints Seasoned Technology and Banking Executive Larry Katz as President and Experienced SaaS Finance Leader Elias Olmeta as CFO
COSTA MESA, Calif.--(BUSINESS WIRE)---- $MLNK--MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced that Larry Katz, currently MeridianLink’s Chief Financial Officer, has been appointed as the President of the Company. Mr. Katz is an accomplished global executive with demonstrated success leading transformation at scale in technology and financial services companies. He has served in various leadership
Dancerace Secures Significant Investment from Norland Capital to Accelerate Global Expansion and Product Innovation
BATH, United Kingdom--(BUSINESS WIRE)--Dancerace, a fast-growing FinTech company and the leading provider of cloud-based software solutions for major banks and lenders globally, today announced a significant new investment from Norland Capital, a software and technology-focused investment firm based in San Francisco, Boston, Sydney, and London. Alantra, a global investment banking firm advised Dancerace and its majority owner, Newable Capital, on its investment from Norland. "Norland’s focus on
Monroe Capital Leads ~$300mm Asset-Based Financing to Triad Financial Services, Inc.
CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”), on behalf of its investment funds, has announced it has established a partnership with Triad Financial Services, Inc. (“Triad”) to originate and purchase commercial Community Rental loans made to manufactured home community owners. The initial pool is expected to be ~$300 million. Monroe has secured a revolving credit facility with Canadian Imperial Bank of Commerce to finance such origination and purchase. The capital provided by the Mon
Rockwell Medical Reports Profitability on a Cash Flow and Adjusted EBITDA Basis in the Second Quarter of 2024
WIXOM, Mich.--(BUSINESS WIRE)---- $RMTI #EndStageKidneyDisease--Rockwell Medical today announced financial and operational results for the three and six months ended June 30, 2024.