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Farmers & Merchants Bank of Long Beach Closes Equity Investment

Lastest from Businesswire - Mon, 10/20/2025 - 09:52
LONG BEACH, Calif.--(BUSINESS WIRE)--Farmers & Merchants Bank of Long Beach (“F&M” or the “Bank”) (OTCQX: FMBL) today announced the Bank has closed on a $200 million equity investment in the Bank by a large financial services company (the “Investor”). As part of the transaction, the Investor purchased 16,261 shares of non-voting Series A Preferred Stock that will be the economic equivalent of the Bank’s common stock. Piper Sandler & Co. served as financial advisor and Paul Hastings

Redfin Reports Homebuyers Are Scoring the Biggest Autumn Discounts Since 2019

Lastest from Businesswire - Mon, 10/20/2025 - 09:52
SEATTLE--(BUSINESS WIRE)-- #housingmarket--Just 25.3% of U.S. homes that sold in September went for more than their final list price, down from 28.5% a year earlier and the lowest September level in six years. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket. Two other metrics that measure competition in the housing market also dropped to their lowest September levels in six years last month: Average sale-to-list-price ratio: This metric came in at 98.6%, down from 99.1%

Dynex Capital, Inc. Announces Third Quarter 2025 Results

Lastest from Businesswire - Mon, 10/20/2025 - 09:52
GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. (the "Company") (NYSE: DX) reported its third quarter 2025 financial results today. Management will host a call today at 10:00 a.m. Eastern Time to discuss the results and business outlook. Details to access the call can be found below under "Earnings Conference Call." Third Quarter Financial Performance and Other Highlights Total economic return of $1.23 per common share, or 10.3% of beginning book value, comprised of an increase in book va

TrueBlue Recognized as a Top RPO Provider on HRO Today’s Baker’s Dozen List

Lastest from Businesswire - Mon, 10/20/2025 - 09:52
TACOMA, Wash.--(BUSINESS WIRE)--TrueBlue (NYSE: TBI), a leading provider of specialized workforce solutions, today announced that its PeopleScout brand has once again been recognized as a leader in Recruitment Process Outsourcing (RPO) on HRO Today’s 2025 RPO Baker’s Dozen Customer Satisfaction Ratings. PeopleScout was named in the top three for both Quality of Service and Breadth of Service and ranked No. 4 overall. “We’re honored to once again be recognized on HRO Today’s Baker’s Dozen list a

Axos Bank Named MONEY’s Best Banks for 2025

Lastest from Businesswire - Mon, 10/20/2025 - 09:52
SAN DIEGO--(BUSINESS WIRE)--Axos Bank, the nationwide bank subsidiary of Axos Financial, Inc. (NYSE: AX), was named to the Best Banks of 2025-2026 list by MONEY. Axos Bank was named “Best Overall” for the National Banks and Online Banks categories and “Best Banks for Rewards” for seniors by MONEY. MONEY considered the 300 largest U.S. financial institutions, including national banks, online banks, credit unions, regional and state banks. They focused on banks’ flagship accounts for everyday cus

Progress in Global Financial Inclusion Stalls after Two Years of Significant Improvement, According to the 2025 Research Study from Principal®

Lastest from Businesswire - Mon, 10/20/2025 - 09:52
DES MOINES, Iowa--(BUSINESS WIRE)--Financial inclusion, which improved globally over the last two years, plateaued in 2025, according to the latest Global Financial Inclusion Index (the Index) from Principal Financial Group®. The findings mark an inflection point, with business uncertainty arising from shifting global trade dynamics and geopolitical tensions driving companies to provide measures supporting financial inclusion, such as flexible pay or more generous insurance and pension benefits

Donaldson Capital Management Named One of America’s Top 250 RIA Firms by Forbes for Second Consecutive Year

Lastest from Businesswire - Mon, 10/20/2025 - 09:52
EVANSVILLE, Ind.--(BUSINESS WIRE)-- #ForbesTopRIA--Donaldson Capital Management (DCM), an independent registered investment advisory firm managing over $3.5 billion in assets, has once again earned a spot on Forbes’ list of America’s Top 250 RIA Firms for 2025. The recognition highlights DCM’s longstanding commitment to helping clients achieve financial confidence through thoughtful guidance and disciplined investing. “We’re deeply honored to be recognized by Forbes as one of the nation’s top advisory firms,”

Adagio Medical Closes Financing of $19 Million Upfront; Positions Company to Advance Purpose-Built Technology for Treatment of Ventricular Tachycardia

Lastest from Businesswire - Mon, 10/20/2025 - 09:52
LAGUNA HILLS, Calif.--(BUSINESS WIRE)--Adagio Medical Holdings, Inc. (Nasdaq: ADGM) (“Adagio” or “the Company”), a leading innovator in catheter ablation technologies for the treatment of cardiac arrhythmias, today announced the closing of its previously announced private placement (https://investors.adagiomedical.com/news-releases/news-release-details/adagio-medical-announces-pricing-50-million-private-placement), led by existing investors and new healthcare-dedicated institutional investors.

Valink Therapeutics Closes $11.8 Million Pre-A Financing Round to Advance Oncology Pipeline

Lastest from Businesswire - Mon, 10/20/2025 - 09:52
CAMBRIDGE, Mass. & LONDON--(BUSINESS WIRE)-- #ADC--Valink Therapeutics Inc. (“Valink”), a private biotechnology company developing next-generation oncology therapeutics with a focus on bispecific antibody-drug conjugates (bsADCs) and complementary modalities for improved patient outcomes, today announced the closing of a $11.8 million funding round and the expansion of its U.S. presence, with headquarters in Cambridge, Massachusetts. Proceeds from the financing will be used to advance Valink’s pipelin

Robbins Geller Rudman & Dowd LLP Announces Proposed Settlement in the HP Securities Litigation

Lastest from Businesswire - Mon, 10/20/2025 - 09:52
SAN DIEGO--(BUSINESS WIRE)--The following statement is being issued by Robbins Geller Rudman & Dowd LLP regarding the HP Securities Litigation: UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA OAKLAND DIVISION YORK COUNTY ON BEHALF OF THE COUNTY OF YORK RETIREMENT FUND, Individually and on Behalf of All Others Similarly Situated,   Plaintiff, vs.   HP INC., et al., Defendants.       Case No. 4:20-cv-07835-JSW (LJC) CLASS ACTION   SUMMARY NOTICE OF PROPOSED SETTLEMENT OF CLASS AC

Cyclana Bio Raises £5M to Advance Drug Discovery for Endometriosis

Lastest from Businesswire - Mon, 10/20/2025 - 06:52
CAMBRIDGE, England--(BUSINESS WIRE)--Cyclana Bio, a biotechnology company pioneering tissue-level approaches to women’s health, today announced the close of a £5M pre-seed funding round, co-led by NfX and Eka VC, and including Cocoa VC, Wilbe, and Angel investors. The investment will enable Cyclana Bio to develop functional disease models and its platform, dedicated to revolutionising women’s health through tissue level therapeutics, starting with the discovery of treatments for endometriosis.

National Arbitration and Mediation Appoints Mark Haddad as CEO to Lead Next Phase of Growth

Lastest from Businesswire - Mon, 10/20/2025 - 06:52
NEW YORK--(BUSINESS WIRE)--NAM (National Arbitration and Mediation), a leading provider of alternative dispute resolution (ADR) services and a portfolio company of Thompson Street Capital Partners (TSCP), is pleased to announce the appointment of Mark Haddad as Chief Executive Officer. A seasoned executive with over two decades of experience in the legal services and technology sectors, Mr. Haddad will play an instrumental part in advancing NAM’s mission of delivering efficient, high-quality di

Ares Management Appoints Bill Benjamin to Vice Chairman Role

Lastest from Businesswire - Mon, 10/20/2025 - 06:52
NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that it has appointed Bill Benjamin, current Co-Head of Ares Real Estate, to the newly created position of Vice Chairman of Ares, effective January 1, 2026. The Ares Real Estate team will continue to be led by Julie Solomon as the global Head of Real Estate. In his role as Vice Chairman, Mr. Benjamin will report to Kipp deVeer and Blair Jacobson, Co-Pres

ACI Worldwide, Inc. To Release Financial Results for the Quarter Ending September 30, 2025

Lastest from Businesswire - Mon, 10/20/2025 - 06:52
OMAHA, Neb.--(BUSINESS WIRE)--ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, announced today that it will report its financial results for the third quarter 2025 on Thursday, November 6, 2025. Management will host a conference call at 8:30 a.m. Eastern time to discuss these results. Interested parties may access a real-time teleconference webcast at http://investor.aciworldwide.com/. To join the live audio call, please dial +1 (800) 715-9871, provide your nam

Walker & Dunlop Arranges $92 Million Refinance for Hiltons at McCormick Place

Lastest from Businesswire - Mon, 10/20/2025 - 06:52
BETHESDA, Md.--(BUSINESS WIRE)--Walker & Dunlop, Inc. announced today that it arranged $92 million to refinance the Hiltons at McCormick Place, a 23-story, 466-key tri-branded hotel connected to the McCormick Place Convention Center in Chicago, Illinois. Walker & Dunlop New York Capital Markets, led by Aaron Appel, Jonathan Schwartz, Adam Schwartz, Keith Kurland, Dustin Stolly, Jordan Casella, and Cole Grims, arranged the loan on behalf of McHugh Enterprises, Inc. and First Investors, L

Omdia: Music Publishing Revenue Growth to Outshine Recorded-Music Over the Next Five Years

Lastest from Businesswire - Mon, 10/20/2025 - 06:52
LONDON--(BUSINESS WIRE)-- #Music--New analysis from Omdia has revealed that global music publisher revenue will top the $10bn mark for the first time this year. Moreover, revenue is set to rise annually for the next five years. Total income is projected to exceed $13bn for the first time in 2029 and then reach the $14bn milestone the following year. In line with the streaming gains boosting recorded-music sales, publishing is also benefiting from the continued improvement of all things access-related. S

Imagine Communications Acquires Pixel Power From Rohde & Schwarz

Lastest from Businesswire - Mon, 10/20/2025 - 06:52
DENVER & MUNICH--(BUSINESS WIRE)--Imagine Communications and Rohde & Schwarz today announced a definitive agreement under which Imagine will acquire Pixel Power Limited, a wholly owned subsidiary of Rohde & Schwarz. The transaction represents a strategic alignment for both companies, enabling Imagine to offer broadcast customers the most extensive portfolio of live production and playout solutions on the market while allowing Rohde & Schwarz to focus on its core operations in Test &

Abyan Capital Launches Shariah-Compliant, Self-Directed Access to US Markets with Alpaca

Lastest from Businesswire - Mon, 10/20/2025 - 03:52
NEW YORK & RIYADH, Saudi Arabia--(BUSINESS WIRE)--Abyan Capital, a leading robo-advisory investment platform in Saudi Arabia, today announced the launch of their new self-directed trading service. The service will allow users to trade US equities and open high-yield savings accounts in compliance with Shariah law. Powering this new offering is Alpaca, a global leader of brokerage infrastructure API providing access to options, stocks, ETFs, and fixed income. Interest in US equities has been gro

Lone Star Announces Sale of Xella to Holcim

Lastest from Businesswire - Mon, 10/20/2025 - 00:52
DALLAS & NEW YORK & LONDON & TOKYO--(BUSINESS WIRE)--Lone Star Funds (“Lone Star”) today announced the signing by an affiliate of Lone Star Fund X, LP of a binding agreement to sell Xella Group (“Xella”), a leading provider of walling solutions, to Holcim, the leading partner for sustainable construction. The transaction values Xella at approximately €1.85 billion. Headquartered in Duisburg, Germany, Xella is a European provider of efficient and sustainable walling solutions for the entire hous

F5, Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights – FFIV

Lastest from Businesswire - Sun, 10/19/2025 - 15:52
LOS ANGELES--(BUSINESS WIRE)--F5, Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights – FFIV

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