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Powerlaw Corp. (Nasdaq: PWRL) Announces Largest Portfolio Holding: SpaceX
SAN FRANCISCO--(BUSINESS WIRE)--Powerlaw Corp. (Nasdaq: PWRL), a publicly traded closed-end fund advised by Powerlaw Fund Adviser, LLC, today disclosed that Space Exploration Technologies Corp. ("SpaceX") is its single largest portfolio holding. As of May 13, 2026, PWRL's investment in SpaceX had a fair value of approximately $117.0 million, representing 19.37% of the Fund's net assets. PWRL began trading on Nasdaq following a direct listing on May 27, 2026. The Fund invests across many of the
The Federal Home Loan Bank of Des Moines Now Accepts VantageScore 4.0 for Mortgage Collateral
SAN FRANCISCO--(BUSINESS WIRE)--Members of the Federal Home Loan Bank of Des Moines (FHLB Des Moines) can now pledge mortgage collateral using VantageScore 4.0 credit scores, effective immediately. The decision by FHLB Des Moines enables its over 1,200 member banks and institutions to use the VantageScore 4.0 model to score an additional 4 million consumers in the region. FHLB Des Moines joins other government-sponsored mortgage entities that now accept VantageScore 4.0 for mortgages, including
Popular, Inc. Declares Dividend on Preferred Stock and Announces Distribution on Trust Preferred Securities
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (NASDAQ: BPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock: a monthly cash dividend of $0.132813 per share of 6.375% Non-Cumulative Monthly Income Preferred Stock, 2003 Series A, payable on June 30, 2026 to holders of record as of June 15, 2026. The Corporation also announced the following monthly distribution on its outstanding Trust Pref
AI Moves IT Management Platforms Toward Autonomy, ISG says
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #AI--Enterprises increasingly rely on IT service management (ITSM) and related platforms for autonomous IT operations as AI adoption increases, ISG says.
Chatham Lodging Declares Quarterly Common, Preferred Dividend
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Chatham Lodging Declares Quarterly Common, Preferred Dividend
LivaNova Appoints Anne Liddy as Chief Legal Officer
LONDON--(BUSINESS WIRE)---- $LIVN #OSA--LivaNova PLC (Nasdaq: LIVN), a market-leading medical technology company, today announced the appointment of Anne Liddy as Chief Legal Officer, effective August 31. Liddy will oversee the Company’s global legal and compliance function and serve as a member of the Executive Leadership Team. Liddy brings more than two decades of experience advising global healthcare and life sciences companies on complex legal, regulatory, M&A, and compliance matters. She joins LivaNo
Global Payments to Present at Mizuho Technology Conference
ATLANTA--(BUSINESS WIRE)-- #globalpayments--Global Payments Inc. (NYSE: GPN) announced today that Cameron Bready, chief executive officer, will present live at the Mizuho Technology Conference.
TPG-Led Investor Group Acquires Grocery-Anchored Retail Leader ECHO Realty
PITTSBURGH--(BUSINESS WIRE)--TPG Real Estate (“TPG”) today announced the acquisition of ECHO Realty (“ECHO”), a full-service owner and operator of best-in-class grocery-anchored retail real estate, in a transaction valued at approximately $2 billion. The transaction was led by TPG in partnership with leading global investment groups, including PSP Investments, La Caisse, and Norges Bank Investment Management. ECHO owns and operates approximately 230 retail centers located across key Midwest and
Morgan Stanley Wealth Management and Galaxy Digital Announce Referral Capability for In-Kind Creation of Spot Crypto ETP Shares
NEW YORK--(BUSINESS WIRE)--Morgan Stanley Wealth Management today announced a new referral arrangement with Galaxy Digital (“Galaxy”) through which eligible clients can lend cryptocurrency to Galaxy and receive shares of exchange‑traded products (“ETPs”) with exposure to spot crypto, including, but not limited to, the Morgan Stanley Bitcoin Trust (MSBT), offered by Morgan Stanley Investment Management. This model is designed for clients that want to lend crypto assets for repayment in tradition
Motive Partners Appoints Ulrich Körner as an Industry Partner
NEW YORK--(BUSINESS WIRE)--Motive Partners, a private investment firm focused on financial technology and tech-enabled business services, today announced that Dr. Ulrich Körner has joined the firm as an Industry Partner. Dr. Körner joins Motive following a distinguished career spanning more than 30 years across global banking and asset management, where he has led complex organizations through periods of significant change, transformation, and growth. In his role as Industry Partner, he will wo
Fifth Third’s Newline Recognized by American Banker for Powering Next-Generation Payments Infrastructure
CINCINNATI--(BUSINESS WIRE)--Fifth Third Bank (NASDAQ: FITB) today announced that its Newline™ platform has been named an Innovation of the Year 2026 honoree by American Banker, recognizing its role in powering large-scale payments and embedded finance capabilities for fintechs and enterprise clients. As part of its Innovation of the Year program, American Banker recognizes teams and individuals whose groundbreaking, innovative projects, initiatives and developments solve key challenges, capita
ClearBridge Energy Midstream Opportunity Fund Inc. Announces Unaudited Balance Sheet Information as of May 31, 2026
NEW YORK--(BUSINESS WIRE)--Category: Financials
Hawkeye Systems Strengthens Balance Sheet with $5 Million Equity Addition as Investment Group Led by David Wachsman and Martin Sumichrast Increases Controlling Stake in HWKE to 90%
CHARLOTTE, N.C.--(BUSINESS WIRE)--Hawkeye Systems Inc. (“Hawkeyeˮ or the “Companyˮ) (OTC: HWKE) (“Hawkeye”), a technology holding company, today announced a substantial capital restructuring and strategic expansion, adding $5 million in equity to its balance sheet. This capital milestone was achieved through a $2.3 million cash infusion for working capital alongside the conversion of $2.7 million in debt to equity by its majority stakeholder, Hawkeye Holdco, LLC, a private holding company led b
Finout Launches AI Agent Suite for Enterprise FinOps
NEW YORK--(BUSINESS WIRE)--Finout today launched Finout Agents, a suite of three AI-powered agents that detect, investigate, and remediate cloud cost issues autonomously — completing the company's full-stack AI architecture for enterprise FinOps. Most enterprise FinOps teams are one or two practitioners governing hundreds of millions in annual spend across cloud, SaaS, Kubernetes, and AI infrastructure. The surface area expands every quarter. The headcount doesn't. Finout Agents are built to cl
BIIB Investors Have Opportunity to Join Biogen Inc. Fraud Investigation with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)---- $BIIB--BIIB Investors Have Opportunity to Join Biogen Inc. Fraud Investigation with the Schall Law Firm
WSE Investors Have Opportunity to Join Wise Group plc Fraud Investigation with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)---- $WSE--WSE Investors Have Opportunity to Join Wise Group plc Fraud Investigation with the Schall Law Firm
Vietnam Maritime Bank Achieves 200% Faster Loan Approvals with Intelligent Decisioning from FICO
HANOI, Vietnam--(BUSINESS WIRE)--FICO (NYSE: FICO) - Vietnam Maritime Bank (MSB), one of Vietnam's most established financial institutions, has achieved a 200% improvement in loan approval speed using FICO's proven and powerful decisioning capabilities, implemented in partnership with regional technology specialist Blitz in just 10 months. By reducing loan turnaround time from 30 to 15 minutes, the solution is already reshaping how MSB serves its more than eight million retail customers and nea
BIMIZCI Urges Stockholders to Vote for Its Outstanding Nominees to the Board Who Will Strengthen Medallion and Represent Stockholders. MFIN Wants to Distract from Underlying Underperformance and Possible Dividend Issues – We Won’t Let Them.
MINNEAPOLIS--(BUSINESS WIRE)---- $MFIN #Activism--BIMIZCI Fund LLC issues the following press release urging Medallion stockholders to vote for change. Visit www.restoretheshine.com. Medallion’s sensational ad hominem attacks are a worn, and arguably self-destructive, tactic. We would prefer MFIN direct its energy towards addressing the specific governance and operating weaknesses we have repeatedly identified. We repeat sections from our previous press release because Medallion and its Board continue to push an e
Hilgers Continues National Rise with Chambers USA Rankings for Firm and Attorneys
LINCOLN, Neb.--(BUSINESS WIRE)--Hilgers PLLC, a commercial litigation and discovery counsel law firm with offices across the country, has earned national and local honors for the firm and two of its attorneys from Chambers USA, the prestigious legal guide compiled by the worldwide legal analysis firm Chambers & Partners. The firm was rated nationally by Chambers USA for its eDiscovery and Information Governance services and for its General Commercial Litigation practice in Dallas-Fort Worth
AM Best Upgrades Credit Ratings of Allied Professionals Insurance Company, A Risk Retention Group, Inc.
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” (Excellent) from “a-” (Excellent) of Allied Professionals Insurance Company, A Risk Retention Group, Inc. (APIC) (Scottsdale, AZ). The outlook of these Credit Ratings (ratings) has been revised to stable from positive.The ratings reflect APIC’s balance sheet strength, which AM Best assesses as very strong, as well as its strong oper
