Feed aggregator

Access Point Financial Closes and Commits to Approximately $1.6 Billion in Hospitality Financings Through September 2025

Lastest from Businesswire - Mon, 10/13/2025 - 09:49
ATLANTA--(BUSINESS WIRE)--Access Point Financial has closed and committed to approximately $1.6 billion in hospitality-specific financings year-to-date in 2025.

D.A. Davidson Names Gene Katz as Head of Financial Institutions Investment Banking and Tom Hayes as Head of Depositories

Lastest from Businesswire - Mon, 10/13/2025 - 09:49
NEW YORK--(BUSINESS WIRE)--D.A. Davidson Investment Banking announced two changes to leadership today within the Financial Institutions team: Gene Katz has been appointed Head of Financial Institutions Investment Banking and Tom Hayes has been named Head of Depositories, a newly established role within Financial Institutions Investment Banking. “Gene and Tom have both played pivotal roles in shaping the success of our FIG platform, and their new appointments reflect the strength and depth of ou

Sutherland Unveils Insurance AI Hub to Break Industry’s ‘Pilot Trap’

Lastest from Businesswire - Mon, 10/13/2025 - 09:49
ROCHESTER, N.Y.--(BUSINESS WIRE)--Sutherland, a global leader in business and digital transformation, today announced the launch of its Insurance AI Hub, an agentic AI ecosystem engineered to solve the scale, compliance, and ROI challenges insurers face in operationalizing AI. Unlike generalized AI platforms retrofitted for insurance or siloed tools that rarely make it beyond the demo stage, Sutherland’s solution is trained on real insurance workflows, tuned for regulatory demands, and already

The BlackRock Foundation and Commonwealth Research Reveals Majority of Low and Moderate Income Americans Now Invest in Capital Markets

Lastest from Businesswire - Mon, 10/13/2025 - 09:49
NEW YORK & BOSTON--(BUSINESS WIRE)--A new national survey released today by The BlackRock Foundation and Commonwealth reveals that over 54% of Americans living on low and moderate incomes (individuals from households living on low and moderate incomes ranging from $30,000 - $79,999 annually) are currently retail investors in the capital markets. Among this cohort, more than half are new investors who began investing within the past five years. These findings underscore the democratization of re

Viamericas Expands Remittance Services to Vietnam with DongA Money Transfer Company

Lastest from Businesswire - Mon, 10/13/2025 - 09:49
CORAL GABLES, Fla.--(BUSINESS WIRE)-- #fintech--Viamericas announced the expansion of its global payout network to Vietnam through a new partnership with DongA Money Transfer Company.

Light & Wonder Announces Update on Nasdaq Delisting Timetable

Lastest from Businesswire - Mon, 10/13/2025 - 09:49
LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (NASDAQ and ASX: LNW) (“Light & Wonder,” “L&W,” “we” or the “Company”) today is providing an update regarding its previously announced intention to delist its common stock from the Nasdaq Stock Market (“Nasdaq”) and transition to a sole primary listing on the Australian Securities Exchange (“ASX”). The Company confirms that delisting from Nasdaq is expected to take effect prior to open of trading on November 13, 2025 (EST)1. Timetable

GAMCO Sends Letter to Lennar Corporation Regarding Lennar’s Proposed Exchange Offer

Lastest from Businesswire - Mon, 10/13/2025 - 09:49
GREENWICH, Conn.--(BUSINESS WIRE)--GAMCO Investors, Inc. (“GAMCO”) (OTCQX: GAMI), on behalf of its clients and certain affiliates, collectively owns approximately 1,719,782 shares of Lennar Corporation (“Lennar”) Class B Common Stock, representing 5.5% of the 31,217,013 outstanding Class B shares. On October 10, 2025, GAMCO sent a letter to the Board of Directors of Lennar, as follows: The Board of Directors Lennar Corporation 5505 Waterford District Drive Miami, FL 33126 Attn: Stuart Miller, E

Pioneer Floating Rate Fund, Inc. Announces Liquidating Distribution

Lastest from Businesswire - Mon, 10/13/2025 - 09:49
BOSTON--(BUSINESS WIRE)--Pioneer Floating Rate Fund, Inc. (PHD) announced that the fund liquidated as planned on October 10, 2025 and the proportionate interests of stockholders in the assets of the fund were determined as of that date. Prior to the opening of business on October 13, 2025, the fund will cease trading on the New York Stock Exchange (NYSE). The fund’s primary liquidating distribution is anticipated to be paid in cash on October 15, 2025. Below is the expected distribution to be p

Empery Digital Signs Additional $100 Million Committed Credit Facility and Increases Share Repurchase Program to $150 Million

Lastest from Businesswire - Mon, 10/13/2025 - 09:49
AUSTIN, Texas--(BUSINESS WIRE)-- #btc--Empery Digital Inc. (NASDAQ: EMPD) (the “Company” or “Empery Digital”) today announced that it has entered into a $100 million committed delayed draw term loan credit facility with Two Prime Lending, as lender (the “Borrowing Facility”). The Company may draw proceeds from this facility, in one or more draws, an aggregate principal amount of up to $100 million, through October 12, 2026 at which date all such loans, together with any accrued and unpaid interest and

Melissa Koontz Joins Alliant Insurance Services’ Pacific Northwest Employee Benefits Group

Lastest from Businesswire - Mon, 10/13/2025 - 09:49
IRVINE, Calif.--(BUSINESS WIRE)-- #AlliantInsurance--Melissa Koontz has joined Alliant Insurance Services as Senior Vice President within its Employee Benefits Group.

Rilla and Neighborly® Combine Forces to Empower Plumbers, HVAC Technicians with AI

Lastest from Businesswire - Mon, 10/13/2025 - 09:49
NEW YORK--(BUSINESS WIRE)--Rilla and Neighborly® are improving sales for thousands of home service professionals via Rilla's AI coaching platform.

Klarna Strengthens Collaboration With Google to Support Agent Payments Protocol (AP2)

Lastest from Businesswire - Mon, 10/13/2025 - 09:49
NEW YORK--(BUSINESS WIRE)--Klarna, the global digital bank and flexible payments provider, today announced its support for Google’s Agent Payments Protocol (AP2), an open standard designed to enable secure, agent-led payments across digital environments. The collaboration builds on Klarna’s long-standing relationship with Google, which includes integrations with Google Pay, Chrome’s autofill feature, Google Store, Google Play, and Google Cloud. “Agent-led commerce represents an exciting new fro

Citadel to Acquire Leading German Power Trader FlexPower

Lastest from Businesswire - Mon, 10/13/2025 - 09:49
MIAMI & HAMBURG, Germany--(BUSINESS WIRE)--Citadel, a leading global investment firm, has entered into a definitive agreement to acquire 100% of Hamburg-based power trading firm FlexPower. The proposed acquisition is a strategic investment by Citadel and will introduce a new era of growth for FlexPower. The combination of Citadel’s extensive risk management, technological and analytical capabilities with FlexPower’s renewable market expertise will enable FlexPower to deliver reliable power risk

Resistant AI Raises $25 Million in Series B Funding to Empower AI Agents to Fight Fraud and Fincrime

Lastest from Businesswire - Mon, 10/13/2025 - 09:49
PRAGUE--(BUSINESS WIRE)--Resistant AI, the leading provider of native artificial intelligence models for financial crime and fraud prevention, today announced a $25 million Series B funding round. The round was led by DTCP, with strong participation from existing investors including Experian, GV, and Notion Capital who are doubling down on their investment. The company, which was breakeven in September, will use the capital to solidify its position as a profitable EU AI champion by expanding it

Tenpoint Therapeutics, Ltd. to Participate in Four Upcoming Investor Conferences

Lastest from Businesswire - Mon, 10/13/2025 - 09:49
LONDON & SEATTLE--(BUSINESS WIRE)-- #InvestorConference--Tenpoint Therapeutics, Ltd. to Participate in Four Upcoming Investor Conferences

Strategy Announces ATM and BTC Activity Updates

Lastest from Businesswire - Mon, 10/13/2025 - 09:49
TYSONS CORNER, Va.--(BUSINESS WIRE)--Strategy Inc (Nasdaq: STRF/STRC/STRK/STRD/MSTR) (“Strategy”), the largest corporate holder of bitcoin and the world’s first Bitcoin Treasury Company, today announced the following updates with respect to its at-the-market (“ATM”) offering programs and bitcoin holdings: ATM Update ATM Program Summary     During Period October 6, 2025 to October 12, 2025     As of October 12, 2025     Shares Sold     Notional Value (in millions) (1)     Net Proceeds (in millio

SharkNinja Reimagines its Direct-to-Consumer Experience with Unified Destination at SharkNinja.com

Lastest from Businesswire - Mon, 10/13/2025 - 09:49
NEEDHAM, Mass.--(BUSINESS WIRE)--SharkNinja Reimagines its Direct-to-Consumer Experience with Unified Destination at SharkNinja.com

Brookfield and Bloom Energy Announce $5 Billion Strategic AI Infrastructure Partnership

Lastest from Businesswire - Mon, 10/13/2025 - 09:49
SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy (NYSE: BE), a global leader in power solutions, and Brookfield today announced a $5 billion strategic partnership to implement a reimagined future for AI infrastructure. This partnership marks the first phase of a joint vision to build AI factories capable of meeting the growing compute and power demands of artificial intelligence. AI factories require infrastructure that tightly integrates compute, power, data center architecture, and capital. Bl

SS&C GlobeOp Hedge Fund Performance Index and Capital Movement Index

Lastest from Businesswire - Mon, 10/13/2025 - 09:49
WINDSOR, Conn.--(BUSINESS WIRE)--SS&C GlobeOp Hedge Fund Performance Index: September performance 1.09%; Capital Movement Index: October net flows decline 0.14%

Pages