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Visa Relaunches SavingsEdge™ with New Offers to Deliver Greater Value to Small Businesses

Lastest from Businesswire - Thu, 06/13/2024 - 08:15
SAN FRANCISCO--(BUSINESS WIRE)--Visa Inc. (NYSE: V) today announced the relaunch of Visa SavingsEdge, aimed at delivering greater value to small businesses (SMBs) across the United States and Canada. For more than a decade, Visa SavingsEdge has provided eligible Small Business cardholders with the savings, tools and resources to help them grow. The latest enhancements introduce a more dynamic platform with new offerings and features designed to support smarter spending and saving. Small busines

PennyMac Mortgage Investment Trust Declares Second Quarter 2024 Dividend for Its Common Shares

Lastest from Businesswire - Thu, 06/13/2024 - 08:15
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees declared a cash dividend of $0.40 per common share of beneficial interest for the second quarter of 2024. This dividend will be paid on July 26, 2024, to common shareholders of record as of July 12, 2024. About PennyMac Mortgage Investment Trust PennyMac Mortgage Investment Trust is a mortgage real estate investment trust (REIT) that invests primarily in residenti

Budderfly Adds Water Conservation Technologies to Portfolio of Energy Savings Solutions for Small and Medium-Sized Commercial Businesses

Lastest from Businesswire - Thu, 06/13/2024 - 08:15
SHELTON, Conn.--(BUSINESS WIRE)--Budderfly announced today that it has added water conservation technologies to its suite of energy savings solutions.

AIR Communities Announces Proxy Advisory Firm Glass Lewis Joins ISS in Recommending Stockholders Vote “FOR” Proposed Acquisition by Blackstone Real Estate

Lastest from Businesswire - Thu, 06/13/2024 - 08:15
DENVER--(BUSINESS WIRE)--Apartment Income REIT Corp. (NYSE:AIRC) (“AIR Communities” or the “Company”) today announced that Glass, Lewis & Co. (“Glass Lewis”), another leading independent proxy advisory firm, has joined Institutional Shareholder Services Inc. (“ISS”), in recommending that stockholders vote “FOR” the proposal to approve the previously announced all-cash acquisition of the Company by Blackstone Real Estate Partners X (“Blackstone”), at the Company’s upcoming Special Meeting of

Redfin Reports U.S. Home Prices Hit Another Record High, But Mortgage Rates Are Starting to Decline—Which Could Give Buyers Relief

Lastest from Businesswire - Thu, 06/13/2024 - 08:15
SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) — The median U.S. home-sale price hit an all-time high of $394,000 during the four weeks ending June 9, up 4.4% year over year—the biggest increase in about three months. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. There are signs that home-price growth could ease soon. Asking prices have leveled off, and 6.5% of home sellers are cutting their asking price, on average, the highest share since N

Zebra Technologies Makes Newsweek’s List of Most Loved Workplaces®

Lastest from Businesswire - Thu, 06/13/2024 - 08:15
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Zebra Technologies named to Newsweek’s list of Global Most Loved Workplaces® for the second consecutive year.

Frazier Healthcare Partners Adds Three New Team Members to Its Center of Excellence

Lastest from Businesswire - Thu, 06/13/2024 - 08:15
SEATTLE--(BUSINESS WIRE)--Frazier Healthcare Partners, a leading private equity firm focused exclusively on the healthcare industry, is pleased to announce the additions of three experienced professionals to its Center of Excellence: Sanji Fernando, Partner – Data & Artificial Intelligence, Steve Blackhart, Vice President – Corporate Development, and Lindsey Murphy, Director – Sales Operations. Frazier continues to focus on the strategic expansion of its dedicated Center of Excellence (CoE)

Fifth Third Bank Opens Central Valley Commercial Banking Office

Lastest from Businesswire - Thu, 06/13/2024 - 08:15
CINCINNATI--(BUSINESS WIRE)--Fifth Third has announced the opening of its sixth commercial banking office in California with a new location in Bakersfield. The expansion exemplifies the Bank's continued investment in the California market. Located in the Central Valley, the office covers Fresno, Kern, Kings, Madera, Mariposa, Merced and Tulare counties and is staffed by a locally based team with a longstanding history with the region. Part of the California community since 2012, Fifth Third ope

Vantage Data Centers Completes $9.2 Billion Equity Investment Led by DigitalBridge and Silver Lake

Lastest from Businesswire - Thu, 06/13/2024 - 08:15
DENVER, & BOCA RATON, Fla., & MENLO PARK, Calif.--(BUSINESS WIRE)--Vantage Data Centers, a leading global provider of hyperscale data center campuses, has completed a $9.2 billion equity investment led by investment vehicles managed by DigitalBridge Group, Inc. (NYSE: DBRG) (“DigitalBridge”), the leading global alternative asset manager dedicated to investing in digital infrastructure, and Silver Lake, the global leader in technology investing. The capital raise was significantly oversubscribed

MetLife to Provide Annuity Benefits to a Portion of 3M Retirees and Beneficiaries

Lastest from Businesswire - Thu, 06/13/2024 - 08:15
NEW YORK--(BUSINESS WIRE)-- #PRT--MetLife, Inc. (MetLife) announced today that its subsidiary, Metropolitan Tower Life Insurance Company, has entered into an agreement with 3M to provide annuity benefits to approximately 23,000 retirees and beneficiaries in the 3M Employee Retirement Income Plan (Plan), the company’s U.S. defined benefit (DB) pension plan, representing pension obligations of approximately $2.5 billion. “MetLife is pleased we were entrusted to provide guaranteed lifetime income to 3M r

White Oak Commercial Finance Receives $1.1 Billion Credit Facility from Wells Fargo

Lastest from Businesswire - Thu, 06/13/2024 - 08:15
NEW YORK--(BUSINESS WIRE)--White Oak Commercial Finance, LLC (“WOCF”) has closed a new $1.1 billion credit facility agented by Wells Fargo Bank, N.A., and including 11 other banks, increasing the capital that can be invested in asset-based lending (ABL). Additionally, WOCF and White Oak ABL, LLC announced a merger of the two entities into WOCF, which will now be an integrated ABL platform structured to optimally serve this rapidly growing market. WOCF will also be able to leverage White Oak Glo

Visa Celebrates the Power of Small Steps With Pharrell Williams, Sky Brown, Iga Świątek, Daniel Ricciardo, and More

Lastest from Businesswire - Thu, 06/13/2024 - 08:15
SAN FRANCISCO--(BUSINESS WIRE)--Standing at the intersection of art, culture and sports, Visa, a global leader in digital payments, announced a new brand film featuring cultural icons, world class athletes and artists that embody the brand and the brand position, “Prodigies.” This fresh campaign starts with their initial hopes and dreams, covering the hard work and challenges faced on their path to becoming the best in their respective fields, long before they were recognized as accomplished st

Adfitech Rebrands as Mortgage Connect Risk Solutions

Lastest from Businesswire - Thu, 06/13/2024 - 08:15
EDMOND, Okla.--(BUSINESS WIRE)--Adfitech rebrands as Mortgage Connect Risk Solutions

Incyte Announces Final Results of Tender Offer

Lastest from Businesswire - Thu, 06/13/2024 - 08:15
WILMINGTON, Del.--(BUSINESS WIRE)--Incyte Announces Final Results of Tender Offer

MarketAxess Announces First Portfolio Trade for Tax-Exempt Municipal Bonds

Lastest from Businesswire - Thu, 06/13/2024 - 08:15
NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced the platform’s first ever portfolio trade for tax-exempt municipal bonds. The portfolio trade was executed earlier this month between a large bank and a large asset manager. The new Portfolio Trading for Tax-Exempt Munis tool allows clients to send lists to multiple counter-parties or a single dealer, negotiating price improvemen

InfoTrack and Assembly Neos Launch New Partnership to Deliver Integrated eFiling and Serving to Law Firms

Lastest from Businesswire - Thu, 06/13/2024 - 08:15
CORAL GABLES, Fla.--(BUSINESS WIRE)-- #assemblyneos--Assembly Software, creators of the premier case management platform, Neos, is proud to unveil a new dynamic collaboration with InfoTrack, a powerhouse in eFiling and service of process solutions. This strategic alliance heralds a new era of integration and unrivaled convenience for law firms across the country. Renowned for being the first to introduce integrated eFiling to the legal industry, InfoTrack has continued to forge new paths in the world of litiga

MidOcean Partners Raises $765 Million for Tactical Credit Strategy

Lastest from Businesswire - Thu, 06/13/2024 - 08:15
NEW YORK--(BUSINESS WIRE)--MidOcean Partners (“MidOcean” or the “Firm”), a premier New York-based alternative asset manager specializing in middle-market private equity, structured capital, and alternative credit investments, today announced the closing of its third opportunistic credit fund, MidOcean Tactical Credit Fund III (the “Fund”) and related separately managed accounts, with commitments totaling $765 million. The Fund received strong support from a diverse base of institutional investo

AudienceXpress Announces Industry Veteran Scott Collins as Head of U.S. Commercial Sales and Operations

Lastest from Businesswire - Thu, 06/13/2024 - 08:15
NEW YORK--(BUSINESS WIRE)--AudienceXpress, the Comcast-owned ad buying platform, today announced that it has named advertising and technology industry veteran Scott Collins as Head of U.S. Commercial Sales and Operations. In this role, Collins will oversee all aspects of AudienceXpress’ U.S. business, including management of advertising sales and revenue, business operations, and inventory optimization. He will be based in New York and report to Katy Loria, U.S. CRO of FreeWheel. “With an exten

Adtran sets new industry benchmarks with optical pumping cesium atomic clocks

Lastest from Businesswire - Thu, 06/13/2024 - 08:15
HUNTSVILLE, Ala.--(BUSINESS WIRE)-- #5G--Adtran today launched two new optical cesium atomic clocks that set new standards in network time synchronization: the OSA 3300 Super High-Performance (OSA 3300 SHP) and the OSA 3350 Super Enhanced Primary Reference Clock+ (OSA 3350 SePRC+). As part of Adtran’s Oscilloquartz portfolio of industry-first optical cesium clocks, the devices leverage unique, state-of-the-art optical pumping technology to meet evolving demands across applications from scientific res

Guaranty Bancshares, Inc. Declares Quarterly Cash Dividend

Lastest from Businesswire - Thu, 06/13/2024 - 08:15
ADDISON, Texas--(BUSINESS WIRE)-- #gnty--The Board of Directors of Guaranty Bancshares, Inc. (NYSE: GNTY), the parent company of Guaranty Bank & Trust, N.A., declared a quarterly cash dividend yesterday in the amount of $0.24 per share of common stock. The dividend will be paid on July 10, 2024, to stockholders of record as of the close of business on June 24, 2024. About Guaranty Bancshares Guaranty Bancshares, Inc. is the parent company for Guaranty Bank & Trust, N.A. and has 33 banking locat

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