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Saba Capital Files Lawsuit Against ASA Gold and Precious Metals and its Board of Directors Over Unlawful Shareholder Rights Plan

Lastest from Businesswire - Wed, 01/31/2024 - 15:02
NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (“Saba” or “we”), which manages certain investment funds that together beneficially own 16.9% of the outstanding shares of ASA Gold and Precious Metals Limited (“ASA” or the “Company”) (NYSE: ASA), today announced that it has filed a lawsuit in the United States District Court for the Southern District of New York (the “Court”) against ASA and each member of its Board of Directors (Mary Joan Hoene, Bruce Hansen, William Donovan, Axel Merk

AECOM named by Fortune magazine as one of the World’s Most Admired Companies for the tenth consecutive year

Lastest from Businesswire - Wed, 01/31/2024 - 12:02
DALLAS--(BUSINESS WIRE)--AECOM (NYSE:ACM), the world’s trusted infrastructure consulting firm, announced today that it has been recognized for the tenth consecutive year on Fortune magazine’s list of the World’s Most Admired Companies. “Celebrating our position as one of Fortune’s World’s Most Admired Companies is a testament to our talented teams who bring world-class capabilities and unique perspectives to each of our clients,” said Troy Rudd, AECOM’s chief executive officer. “Thanks to their

Loci Capital Divests Multifamily Asset in Orlando

Lastest from Businesswire - Wed, 01/31/2024 - 12:02
TAMPA, Fla.--(BUSINESS WIRE)-- #multifamily--Funds controlled by Loci Capital Op Fund GP, LLC, an affiliate of Loci Capital Group, LLC (“Loci”), a leading private real estate fund manager, completed the divestment of Pomelo Park Apartments, a 240-unit garden style apartment community in the Lee Vista / Narcoossee submarket of Southeast Orlando, Florida. “We are pleased to announce the divestment of Pomelo, which will ultimately result in a distribution for our investors in what remains a difficult capital mar

QPWB Announces Of Counsel Partnership with Leading Complex Commercial and Insurance Coverage Litigation Firm Ruberry, Stalmack & Garvey, LLC

Lastest from Businesswire - Wed, 01/31/2024 - 12:02
MIAMI--(BUSINESS WIRE)--Quintairos, Prieto, Wood, & Boyer, P.A. (QPWB), a leading national business law firm, is pleased to announce a newly minted Of Counsel partnership with the esteemed commercial litigation group of Ruberry, Stalmack & Garvey, LLC (RSG). This strategic alliance is set to enhance the service offerings of both firms by combining QPWB's national network of over 450 skilled attorneys with RSG's profound expertise and success in complex commercial and coverage litigation

70% of Leaders Say Business Performance Is Suffering Because Employees Lack Necessary Competencies, Reveals Springboard for Business’s State of the Workforce Skills Gap Report

Lastest from Businesswire - Wed, 01/31/2024 - 12:02
SAN FRANCISCO--(BUSINESS WIRE)--Springboard for Business, the workforce transformation company that grows businesses by empowering teams with the skills central to the future of work, today released its first State of the Workforce Skills Gap Report. To support company leaders in their strategic planning for 2024, Springboard for Business surveyed more than 1,000 corporate professionals at enterprise companies with at least 5,000 employees. The study unveils the alarming effects of widespread s

Thompson Street Capital Partners and Cequel III Acquire Controlling Interest in DDC Cabinet Technology

Lastest from Businesswire - Wed, 01/31/2024 - 12:02
ST. LOUIS--(BUSINESS WIRE)--Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, announced today that the firm, along with Cequel III, has taken a controlling interest in privately held DDC Cabinet Technology (DDC). Co-founders Chris Orlando and Mark Ortenzi, who launched the DDC Cabinet business in 2011, will continue as minority investors. Financial details of the transaction were not disclosed. DDC is a global leader in the design and manufacturing of innovative

FB Financial Corporation Increases Regular Quarterly Dividend

Lastest from Businesswire - Wed, 01/31/2024 - 12:02
NASHVILLE, Tenn.--(BUSINESS WIRE)--FB Financial Corporation (NYSE: FBK) announced today that its board of directors declared a quarterly cash dividend of $0.17 per share. The dividend is payable on February 27, 2024, to shareholders of record as of February 13, 2024. Christopher T. Holmes, President and Chief Executive Officer, commented, “We are pleased with the board of directors’ decision to pay our 24th consecutive quarterly dividend and are happy to be able to increase the dividend by 13%

LCNB Corp. Reports Financial Results for the Three and Twelve Months Ended December 31, 2023

Lastest from Businesswire - Wed, 01/31/2024 - 12:02
LEBANON, Ohio--(BUSINESS WIRE)--LCNB Corp. ("LCNB") (NASDAQ: LCNB) today announced financial results for the three and twelve months ended December 31, 2023. Commenting on the financial results, LCNB President and Chief Executive Officer Eric Meilstrup said, “I am pleased with the progress we made in 2023 executing our multi-year strategic growth plan, maintaining excellent asset quality, and returning additional capital back to our shareholders through our higher annual dividend, despite a cha

Alphawave Semi and Teledyne LeCroy Unveil PCIeⓇ 7.0 Signal Generation and Measurement

Lastest from Businesswire - Wed, 01/31/2024 - 12:02
TORONTO--(BUSINESS WIRE)--Alphawave Semi (LSE: AWE), a global leader in high-speed connectivity for the world’s technology infrastructure, and Teledyne LeCroy, the worldwide leader in protocol test and measurement solutions, today announced the unveiling of PCI ExpressⓇ 7.0 signal generation, transmission, and measurement collaboration at DesignCon in Santa Clara, CA. This launch is the culmination of Alphawave Semi and Teledyne LeCroy’s collaborative efforts, with results that push the boundar

Bernstein Litowitz Berger & Grossmann LLP Appoints Jeroen van Kwawegen to Executive Committee

Lastest from Businesswire - Wed, 01/31/2024 - 12:02
NEW YORK--(BUSINESS WIRE)--Today, prominent investor rights law firm Bernstein Litowitz Berger & Grossmann LLP (BLB&G) is proud to announce the election of partner Jeroen van Kwawegen to the firm’s Executive Committee. Jeroen joins current Executive Committee members Jerry Silk, Salvatore Graziano, and Hannah Ross. “I am looking forward to working with Jeroen on the firm’s Executive Committee,” says Jerry. “Jeroen is a strategic thinker with exceptional judgment, and I am confident that

Eastgate Group Installs Additional Screen Printing Lines for Plastic Bottle Labeling

Lastest from Businesswire - Wed, 01/31/2024 - 12:02
LEBANON, Ohio--(BUSINESS WIRE)--Eastgate Group installs additional screen printing lines for plastic bottle labeling

Ark Infotech LLC Completes Acquisition of Slauth.io, Paving the Way for Enhanced Cybersecurity and AI Innovations

Lastest from Businesswire - Wed, 01/31/2024 - 12:02
WASHINGTON--(BUSINESS WIRE)-- #AI--Ark Infotech LLC is thrilled to announce the successful completion of its acquisition of Slauth.io, marking a significant milestone in the company's commitment to delivering cutting-edge IT solutions for federal and state agencies. The transaction, finalized on December 31, 2023, brings together the expertise of two industry leaders to drive rapid growth, innovation, and increased value for employees, customers, and stakeholders. Slauth.io, a company backed by renow

KBRA Assigns Preliminary Ratings to Sunnova SOL VI Issuer, LLC, Series 2024-1

Lastest from Businesswire - Wed, 01/31/2024 - 12:02
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to three classes of notes issued by Sunnova SOL VI Issuer, LLC, Series 2024-1. As of November 30, 2023, the transaction was collateralized by a diversified pool of 21,516 leases, Power Purchase Agreements (PPA), and PPA-EZs (each a “Solar Service Agreement” or SSA), as well as performance-based incentive payments associated with residential solar photovoltaic installations (PV Systems) and battery units. The SSAs had an aggregate disco

Chartered Business Valuators Predict Increase in M&A Activity: CBV Institute 2024 M&A Outlook Survey

Lastest from Businesswire - Wed, 01/31/2024 - 12:02
TORONTO--(BUSINESS WIRE)--CBV Institute’s M&A Outlook Survey finds nearly six in 10 CBVs involved in M&A transactions in 2023 expect M&A activity in Canada to increase.

Leading Global Institutions Invest in a Clean Energy Future With Generate Capital

Lastest from Businesswire - Wed, 01/31/2024 - 12:02
SAN FRANCISCO--(BUSINESS WIRE)--Today, Generate Capital (“Generate”), a leading sustainable infrastructure platform, announced the closing of its latest capital raise with $1.5 billion in new capital commitments from preeminent global institutional investors. The California State Teachers’ Retirement System (“CalSTRS”), the world’s largest educator-only pension fund, joined other new investors such as HESTA, as well as existing investors including QIC and AustralianSuper, in the financing. This

The Bright Side of Office: Opportunities in the Urban Core

Lastest from Businesswire - Wed, 01/31/2024 - 12:02
NEW YORK--(BUSINESS WIRE)-- #cre--Cushman & Wakefield today released a new report, The Bright Side of Office: Opportunities in the Urban Core.

Former U.S. Bureau of Labor Statistics Commissioner Dr. William Beach Joins UKG Workforce Institute Advisory Board

Lastest from Businesswire - Wed, 01/31/2024 - 12:02
LOWELL, Mass. & WESTON, Fla.--(BUSINESS WIRE)--The UKG Workforce Institute is pleased to welcome Dr. William Beach, former Commissioner of Labor Statistics at the U.S. Bureau of Labor Statistics.

Reveal Mobile Announces Partnership with LoopMe for Out of Home Measurement

Lastest from Businesswire - Wed, 01/31/2024 - 12:02
NEW YORK--(BUSINESS WIRE)--Reveal Mobile, the leading provider of Out-of-Home (OOH) measurement, today announced a partnership with LoopMe for brand lift measurement. The partnership between Reveal Mobile and LoopMe solidifies a true full-funnel campaign performance solution for OOH, providing the market with measurement solutions for outcomes, from brand lift to sales. LoopMe’s proprietary AI-led survey technology optimizes media campaigns in-flight, creating a real-time feedback loop to impro

TJC Closes $6.85 Billion for Resolute Fund VI

Lastest from Businesswire - Wed, 01/31/2024 - 12:02
NEW YORK--(BUSINESS WIRE)--TJC LP (“TJC”), a middle-market private equity firm investing primarily in North American businesses, today announced the closing of The Resolute Fund VI, L.P. (“Resolute VI” or the “Fund”), totaling $6.85 billion. The Fund was oversubscribed and closed above its initial hard cap of $6.0 billion. Institutional investors, including public pension funds, multinational corporations, insurance companies, fund of funds, endowments, foundations and family offices invested i

MetLife Named to Fortune Magazine’s List of the World’s Most Admired Companies

Lastest from Businesswire - Wed, 01/31/2024 - 12:02
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced that it has been named to Fortune magazine’s 2024 list of the “World’s Most Admired Companies.” This year’s list included eight life insurers in the annual report card of the best-regarded companies. Annually, Fortune partners with Korn Ferry to rank companies by their corporate reputation. Corporate executives, directors, and analysts are asked to rate enterprises in their own industry on nine criteria, from investment value

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