Feed aggregator

Following the Large Success of the Public Tender Offer, Bridgepoint, in Partnership With General Atlantic and the Management Shareholders, Announce the Squeeze-Out of Esker, Marking the Beginning of a New Phase in Its Development

Lastest from Businesswire - Mon, 03/03/2025 - 15:53
LYON, France--(BUSINESS WIRE)--Esker, Bridgepoint and General Atlantic announce the squeeze-out of Esker, effective as of 3 March 2025, following the large success of the friendly public tender offer initiated by Boréal Bidco SAS (the “Offeror”) for the Esker shares, announced in September 2024 (the “Offer”). Esker and its management thank their shareholders for the trust and constant support shown throughout its successful journey on the stock market. Now private, Esker, alongside its manageme

Interactive Brokers Group Reports Brokerage Metrics and Other Financial Information for February 2025, includes Reg.-NMS Execution Statistics

Lastest from Businesswire - Mon, 03/03/2025 - 15:53
GREENWICH, Conn.--(BUSINESS WIRE)---- $IBKR #IBKR--Interactive Brokers Group, Inc. (Nasdaq: IBKR) an automated global electronic broker, today reported its Electronic Brokerage monthly performance metrics for February. Brokerage highlights for the month included: 3.617 million Daily Average Revenue Trades (DARTs)1, 48% higher than prior year and 4% higher than prior month. Ending client equity of $587.8 billion, 31% higher than prior year and 1% lower than prior month. Ending client margin loan balances of $63

Diversified Maintenance Partners with Critical Clean to Enhance Service Capabilities in the Northeast

Lastest from Businesswire - Mon, 03/03/2025 - 12:53
TAMPA, Fla.--(BUSINESS WIRE)--Diversified Maintenance, a leading service provider of integrated facility maintenance and janitorial services, is proud to announce its partnership with Critical Clean, a woman-owned, family-run business with over 25 years of expertise in cleanroom cleaning and contamination control. Founded in 1994 by Denise Brown, Critical Clean has established a reputation for delivering exceptional quality and customized cleaning solutions across Rochester, Syracuse, Buffalo,

KBRA Assigns Preliminary Ratings to Foundation Finance Trust 2025-1

Lastest from Businesswire - Mon, 03/03/2025 - 12:53
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to five classes of notes issued by Foundation Finance Trust 2025-1 (“FFIN 2025-1”), an asset-backed securitization collateralized by unsecured consumer loans primarily used for home improvements. FFIN 2025-1 will issue five classes of notes totaling $371.68 million, collateralized by $375.43 million receivables. FFIN 2025-1 has initial credit enhancement levels ranging from 35.00% for the Class A notes to 1.50% for the Class E notes. C

KBRA Assigns Preliminary Ratings to FREMF 2025-K760 and Freddie Mac Structured Pass-Through Certificate Series K-760

Lastest from Businesswire - Mon, 03/03/2025 - 12:53
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA is pleased to announce the assignment of preliminary ratings to four classes of FREMF Series 2025-K760 mortgage pass-through certificates and three classes of Freddie-Mac structured pass-through certificates (SPCs), Series K-760. FREMF 2025-K760 is an $887.9 million CMBS multi-borrower transaction. Freddie Mac will guarantee six classes of certificates issued in the underlying Series 2025-K760 securitization and will deposit the guaranteed underlying certificates

Law Offices of Frank R. Cruz Encourages Rocket Lab USA, Inc. (RKLB) Investors To Inquire About Securities Fraud Class Action

Lastest from Businesswire - Mon, 03/03/2025 - 12:53
LOS ANGELES--(BUSINESS WIRE)--Law Offices of Frank R. Cruz Encourages Rocket Lab USA, Inc. (RKLB) Investors To Inquire About Securities Fraud Class Action

Law Offices of Frank R. Cruz Encourages Quantum Computing Inc. (QUBT) Investors To Inquire About Securities Fraud Class Action

Lastest from Businesswire - Mon, 03/03/2025 - 12:53
LOS ANGELES--(BUSINESS WIRE)--Law Offices of Frank R. Cruz Encourages Quantum Computing Inc. (QUBT) Investors To Inquire About Securities Fraud Class Action

Composition Wealth Accelerates Growth with Nearly $1B in Seattle Acquisitions

Lastest from Businesswire - Mon, 03/03/2025 - 12:53
LOS ANGELES--(BUSINESS WIRE)-- #financialplanning--Composition Wealth Accelerates Growth with Nearly $1B in Seattle Acquisitions

Herzig Engineering, a Leading Provider of Electrical Safety Services, Announces Investment from Copley Equity Partners

Lastest from Businesswire - Mon, 03/03/2025 - 12:53
KANSAS CITY, Mo. & DENVER--(BUSINESS WIRE)--Copley Equity Partners LLC (“Copley”), a private investment firm focused on middle-market companies, announced a strategic investment in Herzig Engineering (“Herzig”), a national electrical services firm focused on safety and compliance in electrified environments. The existing management team will remain in place and continue to lead the business. Financial terms were not disclosed. Bob Herzig founded Herzig in 2000 and has steadily built the busines

Deadline Alert: Rocket Lab USA, Inc. (RKLB) Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit

Lastest from Businesswire - Mon, 03/03/2025 - 12:53
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP reminds investors of the upcoming April 28, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Rocket Lab USA, Inc. (“Rocket Lab” or the “Company”) (NASDAQ: RKLB) securities between November 12, 2024 and February 25, 2025, inclusive (the “Class Period”). IF YOU SUFFERED A LOSS ON YOUR ROCKET LAB INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUIN

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm Encourages Quantum Computing Inc. (QUBT) Investors To Inquire About Securities Fraud Class Action

Lastest from Businesswire - Mon, 03/03/2025 - 12:53
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, announces that a securities fraud class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Quantum Computing Inc. (“QCI” or the “Company”) (NASDAQ: QUBT) securities between March 30, 2020 and January 15, 2025, inclusive (the “Class Period”). QCI investors have until April 28, 2025 to file a lead plaintiff motion. IF YOU SUFFERED A LOSS ON YOUR QUAN

NYLI MacKay DefinedTerm Muni Opportunities Fund Declares Monthly Dividend Distribution for March 2025

Lastest from Businesswire - Mon, 03/03/2025 - 12:53
NEW YORK--(BUSINESS WIRE)--NYLI MacKay DefinedTerm Muni Opportunities Fund (the “Fund”) (NYSE:MMD) today announced its monthly dividend distribution of $0.06 per common share for the month of March 2025. This amount is consistent with the Fund’s February 2025 dividend distribution, which was also $0.06 per common share. Portfolio and municipal market commentary will be published on or around March 3, 2025 and can be retrieved here. Dividend Distribution Schedule: Month Declaration Date Ex-Date

Graystone Consulting Named a Best Investment Consultant by Coalition Greenwich

Lastest from Businesswire - Mon, 03/03/2025 - 12:53
NEW YORK--(BUSINESS WIRE)--Graystone Consulting, a business of Morgan Stanley (NYSE: MS), announced today that it was named by Crisil Coalition Greenwich, a leading global provider of strategic benchmarking, analytics, and insights to the financial services industry, as one of three firms designated as Best Investment Consultant, Service & Investment Counseling – Large Investment Consultants for Institutional Investors in the U.S. In addition, in each of the past three years, Graystone rece

PLYA Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Playa Hotels & Resorts N.V. Is Fair to Shareholders

Lastest from Businesswire - Mon, 03/03/2025 - 12:53
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Playa Hotels & Resorts N.V. (NASDAQ: PLYA) to Hyatt Hotels Corporation for $13.50 per share is fair to Playa shareholders. Halper Sadeh encourages Playa shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Playa

AMPS Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Altus Power, Inc. Is Fair to Shareholders

Lastest from Businesswire - Mon, 03/03/2025 - 12:53
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Altus Power, Inc. (NYSE: AMPS) to TPG for $5.00 per share is fair to Altus shareholders. Halper Sadeh encourages Altus shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Altus and its board of directors violated t

Best’s Commentary: Premium Decline in US Directors and Officers Liability Insurance Don’t Necessarily Fit with Risk Environment

Lastest from Businesswire - Mon, 03/03/2025 - 12:53
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--Two years of premium decline in the U.S. directors and officers (D&O) liability insurance line may well run counter to the persistent headwinds present in this segment, according to a new AM Best commentary. The corporate D&O segment continues to face multiple risks including those arising from economic uncertainty including artificial intelligence, an evolving legal landscape, changing climate patterns and potentially adverse shifts in public opinion. Ac

FNA Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Paragon 28, Inc. Is Fair to Shareholders

Lastest from Businesswire - Mon, 03/03/2025 - 12:53
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Paragon 28, Inc. (NYSE: FNA) to Zimmer Biomet Holdings, Inc. for $13.00 per share in cash is fair to Paragon 28 shareholders. Paragon 28 shareholders will also receive a non-tradeable contingent value right entitling the holder to receive up to $1.00 per share in cash if certain revenue milestones are achieved. Halper Sadeh encourages Paragon 28 shareholders to click here to learn more

Pritzker Private Capital Agrees to Acquire Buckman

Lastest from Businesswire - Mon, 03/03/2025 - 12:53
CHICAGO--(BUSINESS WIRE)--Pritzker Private Capital (“PPC” or “the firm”), a leader in family direct investing, today announced the signing of a definitive agreement to acquire Buckman (“the company”), a family-owned innovator in specialty solutions for water treatment and industrial processes. PPC will invest alongside members of the Buckman family and management to provide additional resources to support the company’s growth, product innovation and market expansion. Buckman’s current leadershi

KBRA Assigns Preliminary Ratings to Fannie Mae’s CAS 2025-R02

Lastest from Businesswire - Mon, 03/03/2025 - 12:53
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 63 classes from Connecticut Avenue Securities Trust 2025-R02 (CAS 2025-R02), a credit risk sharing transaction with a total note offering of $710,598,000. The pool is characterized by loans with original loan-to-value (LTV) ratios that are greater than 60% and less than or equal to 80%. The Reference Pool consists of 49,051 residential mortgage loans with an outstanding principal balance of approximately $17.0 billion as of the cut-

Davis Polk Welcomes Antitrust Partner Nate Asker in New York

Lastest from Businesswire - Mon, 03/03/2025 - 12:53
NEW YORK--(BUSINESS WIRE)--Davis Polk today announced that Nathaniel L. Asker has joined the firm as a partner in its Antitrust & Competition practice in New York.

Pages