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Majority of States Exceed Revenue Targets, Classified as ‘Stable’

Lastest from Businesswire - Mon, 02/23/2026 - 09:45
BOSTON--(BUSINESS WIRE)--Morgan Stanley Investment Management (MSIM) today released the 13th annual State of the States report, which indicates a stable credit outlook for most states and includes analysis of new factors tied to the global economy and the shifting balance between federal funding and state-driven support for national programs. The State of the States report examines the financial health of the 50 states and Puerto Rico and leverages MSIM’s proprietary ratings methodology. Report

FanCompass and Digital Ignite Announce Strategic Partnership to Accelerate Digital Fan Engagement and Revenue Growth

Lastest from Businesswire - Mon, 02/23/2026 - 09:45
CHARLOTTE, N.C.--(BUSINESS WIRE)--FanCompass, a leading provider of digital fan engagement technology, today announced a strategic referral partnership with Digital Ignite, a performance-focused digital marketing agency specializing in audience growth and paid media strategy. The partnership delivers a comprehensive solution for sports and entertainment organizations seeking to both activate and expand their fan base. Through this collaboration, FanCompass’s FC CORE Fan Engagement Engine powers

Cloudinary Launches Creators Community for Developers Worldwide

Lastest from Businesswire - Mon, 02/23/2026 - 09:45
SAN JOSE, Calif.--(BUSINESS WIRE)-- #AI--Cloudinary, the image and video platform powering many of the world's leading brands, today launched the Cloudinary Creators Community, a global network where developers connect, learn, and build the future of visual experiences. The community provides developers worldwide with free courses, hands-on projects, certification programs, and a collaborative space to advance their skills in image and video optimization. The inaugural offering, the "Cloud to Crowd"

Hudson Sustainable Group Secures $28.5 Million Strategic Financing for Heritage Energy Holdings

Lastest from Businesswire - Mon, 02/23/2026 - 09:45
MIAMI--(BUSINESS WIRE)--Hudson Sustainable Group ("Hudson"), a leading renewable energy and infrastructure investment and advisory firm, successfully closed a $28.5 million senior secured financing for Heritage Energy Holdings ("Heritage"). Hudson acted as exclusive advisor and co-sponsor for the transaction, which provides the capital foundation for Heritage's distributed generation platform expansion across the Texas ERCOT market. The financing, provided by Eagle Point Credit, supports Herita

Ancient Financial Launches as a Strategic Asset Management and Reinsurance Holding Company, Announces Agreement to Acquire F&G Life Re Ltd.

Lastest from Businesswire - Mon, 02/23/2026 - 09:45
HAMILTON, Bermuda & NEW YORK--(BUSINESS WIRE)--Ancient Financial (“Ancient Financial”), a newly formed financial services company, today announced that it has entered into a definitive agreement to acquire F&G Life Re Ltd. (“F&G Re”), to be renamed Ancient Re Ltd. (“Ancient Re”), a Bermuda-based provider of life and annuity reinsurance, from a subsidiary of F&G Annuities & Life, Inc. (“F&G”). In partnership with Ancient, F&G will enter into a forward-flow reinsurance agr

Stablecore Joins the Jack Henry™ Fintech Integration Network to Bring Stablecoins and Digital Assets to Banks and Credit Unions

Lastest from Businesswire - Mon, 02/23/2026 - 09:45
DALLAS--(BUSINESS WIRE)--Stablecore, the digital asset core for banks and credit unions, announced today that it has joined the Jack Henry™ Fintech Integration Network (FIN). This strategic milestone enables Jack Henry's approximately 1,670 bank and credit union core clients, as well as the more than 1,000 financial institutions on the Banno Digital Platform™, to deploy institutional-grade, fully-compliant digital asset products directly within their existing core ecosystems. Through this integ

Accresa Health and Beaufort Memorial Expand Access to Affordable Primary Care in the Lowcountry

Lastest from Businesswire - Mon, 02/23/2026 - 09:45
BEAUFORT, S.C.--(BUSINESS WIRE)--Accresa Health and Beaufort Memorial have announced a new partnership in healthcare technology to make affordable primary care available to more people across the South Carolina Lowcountry. Accresa Health, a healthcare technology company specializing in payment and benefit administration solutions for employers and provider networks, is working with the growing South Carolina community health system, Beaufort Memorial, to expand the system’s Direct Primary Care

Takara Names Advisory Board to Drive DREAM Program Growth

Lastest from Businesswire - Mon, 02/23/2026 - 09:45
NEW YORK--(BUSINESS WIRE)--Takara today announced its Board of Advisors, a distinguished group of financial services and housing industry leaders who have provided strategic guidance in developing the company's DREAM (Discount for Real Estate Affordability and Mobility) program. The advisors bring deep expertise from credit unions, banks, fintech companies and regulatory agencies, positioning Takara to address the mortgage lock-in crisis with proven industry insight. Advisors include: Chris Har

SummitTX Capital Elevates Neilson Arbour to Co-Chief Investment Officer

Lastest from Businesswire - Mon, 02/23/2026 - 09:45
FORT WORTH, Texas--(BUSINESS WIRE)--SummitTX Capital, L.P., the equity-focused multi-manager hedge fund based in Fort Worth, Texas, today announced the promotion of Neilson Arbour to Co-Chief Investment Officer. The elevation reflects his significant contributions to the Firm and underscores SummitTX’s commitment to growing its long tenured investment leadership team. The announcement caps a pivotal year for SummitTX, marked by positive investment performance, strategic hires and significant pl

AVIATION EQUIPMENT PROCESSING Acquires VANTAGE ASSOCIATES in Strategic Transaction; Impact Capital Group Inc. Serves as Exclusive Advisor

Lastest from Businesswire - Mon, 02/23/2026 - 09:45
LOS ANGELES--(BUSINESS WIRE)--Aviation Equipment Processing (“AEP”) is a premier processing, bonding, and composites company serving both the commercial and military aerospace industries. AEP is one of the few companies approved to do Phosphoric Acid Anodizing (PAA) for Boeing, Lockheed Martin, Northrop Grumman, Robinson Helicopter and many other primes. AEP supplies companies across the globe with superior service, top quality workmanship, and the best turnaround times possible from its 45,000

Alorica Financial’s SST Expands Digital Wallet and Payment Capabilities for Loan Servicing Through Partnership with PayNearMe

Lastest from Businesswire - Mon, 02/23/2026 - 09:45
IRVINE, Calif.--(BUSINESS WIRE)-- #Alorica--Alorica Financial partners with PayNearMe to bring smarter, more connected payment experiences to its SST loan servicing ecosystem.

Eagle Point Announces Strong Year of Performance with 2025 Year-End Review

Lastest from Businesswire - Mon, 02/23/2026 - 09:45
GREENWICH, Conn.--(BUSINESS WIRE)--Eagle Point Credit Management LLC (“Eagle Point”), an innovative private credit investment manager, today announced another year of strong investment performance and growth. During the year, Eagle Point raised $3 billion of capital and added 35 team members, underscoring continued demand for its differentiated investment approach. During 2025, Eagle Point focused on originating private credit investments in overlooked areas of the market, often with equity ups

DHI Group Names Elizabeth Andora as Chief People Officer

Lastest from Businesswire - Mon, 02/23/2026 - 09:45
CENTENNIAL, Colo.--(BUSINESS WIRE)--DHI Group, Inc. (NYSE:DHX) announced today that Elizabeth Andora will join the Company as Chief People Officer, succeeding current Chief Human Resources Officer, Pam Bilash, who is set to retire in April 2026. Ms. Andora joins DHI with over two decades of HR leadership experience spanning technology, software, consumer products, and aerospace and defense, with a proven track record in talent management, compensation philosophy, organizational design, global w

OFS Credit Company Declares Monthly Common Stock Cash Distributions

Lastest from Businesswire - Mon, 02/23/2026 - 09:45
CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (Nasdaq: OCCI) (“OFS Credit,” the “Company,” “we,” “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced that its board of directors (the “Board”) declared monthly cash distributions of $0.05 per share of common stock for each of the two months of March and April 2026. “The revised monthly cash distribution rate of $0.05 per share of common stock aligns

Harvest Commercial Capital Merges with Crossroads Impact Corp. to Expand Small Business and Community Lending

Lastest from Businesswire - Mon, 02/23/2026 - 09:45
LAGUNA HILLS, Calif.--(BUSINESS WIRE)--Harvest Commercial Capital, LLC (HCC), a leading nationwide originator of owner-occupied small business real estate loans, today announced its merger with Crossroads Impact Corp (CRSS). This strategic merger combines HCC’s commercial lending expertise with Crossroads’ residential lending success through its operating certified Community Development Financial Institution (CDFI) subsidiary. The merger significantly expands their collective ability to provide

Ladder Closes $675 Million in New Unsecured Capital Commitments, Including Expansion of Revolver Capacity to $1.25 Billion

Lastest from Businesswire - Mon, 02/23/2026 - 09:45
NEW YORK--(BUSINESS WIRE)--Ladder Capital Corp (“Ladder,” the “Company,” “we” or “our”) (NYSE: LADR), a leading, investment grade-rated commercial real estate finance REIT, announced today that it has secured $675 million in new unsecured capital commitments. The capital commitments include a $400 million expansion of Ladder’s unsecured revolving credit facility capacity to $1.25 billion and a new unsecured delayed draw term loan facility that permits borrowings of up to $275 million. The revol

Equity Services, Inc. Launches FMAX to Enhance Advisory Capabilities and Advisor Experience, Advancing the Firm’s Next Phase of Growth

Lastest from Businesswire - Mon, 02/23/2026 - 09:45
MONTPELIER, Vt.--(BUSINESS WIRE)--Equity Services, Inc. (ESI) announced the launch of FMAX as the new technology foundation for its proprietary advisory platform, ESI Illuminations.

Davis Select U.S. Equity ETF (DUSA) Surpasses $1 Billion in Assets

Lastest from Businesswire - Mon, 02/23/2026 - 09:45
NEW YORK--(BUSINESS WIRE)--Davis Advisors, announced that the Davis Select U.S. Equity ETF (DUSA) has surpassed $1 billion in assets under management.

The Radoff-JEC Group Issues Open Letter to Seer Inc.’s Board of Directors Regarding the Immediate Need for Significant Change

Lastest from Businesswire - Mon, 02/23/2026 - 09:45
HOUSTON--(BUSINESS WIRE)--Bradley L. Radoff and Michael Torok (together with certain of their affiliates, the “Radoff-JEC Group”), who collectively own nearly 7.5% of the outstanding common stock of Seer, Inc. (NASDAQ: SEER) (“Seer” or the “Company”), today issued the following open letter to the Company’s Board of Directors. *** February 23, 2026 Seer, Inc. 3800 Bridge Parkway, Suite 102 Redwood City, California 94065 Attn: The Board of Directors Members of the Board of Directors (the “Board”)

BlackRock Announces Completion of Certain Municipal CEF Reorganizations and Adoption of Discount Management Programs

Lastest from Businesswire - Mon, 02/23/2026 - 09:45
NEW YORK--(BUSINESS WIRE)---- $BKN--BlackRock Advisors, LLC announced today each of the closed-end funds named below (each, a “Fund” and collectively, the “Funds”) have completed their reorganizations (each, a “Reorganization” and collectively, the “Reorganizations”). Additionally, each of the Survivor Funds, as identified below, adopted a Discount Management Program that seeks to enhance long-term shareholder value via periodic liquidity events if certain conditions are met (see below for details). Reo

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