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The BlackRock Foundation and Commonwealth Research Reveals Majority of Low and Moderate Income Americans Now Invest in Capital Markets
NEW YORK & BOSTON--(BUSINESS WIRE)--A new national survey released today by The BlackRock Foundation and Commonwealth reveals that over 54% of Americans living on low and moderate incomes (individuals from households living on low and moderate incomes ranging from $30,000 - $79,999 annually) are currently retail investors in the capital markets. Among this cohort, more than half are new investors who began investing within the past five years. These findings underscore the democratization of re
Viamericas Expands Remittance Services to Vietnam with DongA Money Transfer Company
CORAL GABLES, Fla.--(BUSINESS WIRE)-- #fintech--Viamericas announced the expansion of its global payout network to Vietnam through a new partnership with DongA Money Transfer Company.
Light & Wonder Announces Update on Nasdaq Delisting Timetable
LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (NASDAQ and ASX: LNW) (“Light & Wonder,” “L&W,” “we” or the “Company”) today is providing an update regarding its previously announced intention to delist its common stock from the Nasdaq Stock Market (“Nasdaq”) and transition to a sole primary listing on the Australian Securities Exchange (“ASX”). The Company confirms that delisting from Nasdaq is expected to take effect prior to open of trading on November 13, 2025 (EST)1. Timetable
GAMCO Sends Letter to Lennar Corporation Regarding Lennar’s Proposed Exchange Offer
GREENWICH, Conn.--(BUSINESS WIRE)--GAMCO Investors, Inc. (“GAMCO”) (OTCQX: GAMI), on behalf of its clients and certain affiliates, collectively owns approximately 1,719,782 shares of Lennar Corporation (“Lennar”) Class B Common Stock, representing 5.5% of the 31,217,013 outstanding Class B shares. On October 10, 2025, GAMCO sent a letter to the Board of Directors of Lennar, as follows: The Board of Directors Lennar Corporation 5505 Waterford District Drive Miami, FL 33126 Attn: Stuart Miller, E
Pioneer Floating Rate Fund, Inc. Announces Liquidating Distribution
BOSTON--(BUSINESS WIRE)--Pioneer Floating Rate Fund, Inc. (PHD) announced that the fund liquidated as planned on October 10, 2025 and the proportionate interests of stockholders in the assets of the fund were determined as of that date. Prior to the opening of business on October 13, 2025, the fund will cease trading on the New York Stock Exchange (NYSE). The fund’s primary liquidating distribution is anticipated to be paid in cash on October 15, 2025. Below is the expected distribution to be p
Empery Digital Signs Additional $100 Million Committed Credit Facility and Increases Share Repurchase Program to $150 Million
AUSTIN, Texas--(BUSINESS WIRE)-- #btc--Empery Digital Inc. (NASDAQ: EMPD) (the “Company” or “Empery Digital”) today announced that it has entered into a $100 million committed delayed draw term loan credit facility with Two Prime Lending, as lender (the “Borrowing Facility”). The Company may draw proceeds from this facility, in one or more draws, an aggregate principal amount of up to $100 million, through October 12, 2026 at which date all such loans, together with any accrued and unpaid interest and
Melissa Koontz Joins Alliant Insurance Services’ Pacific Northwest Employee Benefits Group
IRVINE, Calif.--(BUSINESS WIRE)-- #AlliantInsurance--Melissa Koontz has joined Alliant Insurance Services as Senior Vice President within its Employee Benefits Group.
Rilla and Neighborly® Combine Forces to Empower Plumbers, HVAC Technicians with AI
NEW YORK--(BUSINESS WIRE)--Rilla and Neighborly® are improving sales for thousands of home service professionals via Rilla's AI coaching platform.
Klarna Strengthens Collaboration With Google to Support Agent Payments Protocol (AP2)
NEW YORK--(BUSINESS WIRE)--Klarna, the global digital bank and flexible payments provider, today announced its support for Google’s Agent Payments Protocol (AP2), an open standard designed to enable secure, agent-led payments across digital environments. The collaboration builds on Klarna’s long-standing relationship with Google, which includes integrations with Google Pay, Chrome’s autofill feature, Google Store, Google Play, and Google Cloud. “Agent-led commerce represents an exciting new fro
ClearBridge Energy Midstream Opportunity Fund Inc. Announces Preliminary Results of Transferable Rights Offering
NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement
Citadel to Acquire Leading German Power Trader FlexPower
MIAMI & HAMBURG, Germany--(BUSINESS WIRE)--Citadel, a leading global investment firm, has entered into a definitive agreement to acquire 100% of Hamburg-based power trading firm FlexPower. The proposed acquisition is a strategic investment by Citadel and will introduce a new era of growth for FlexPower. The combination of Citadel’s extensive risk management, technological and analytical capabilities with FlexPower’s renewable market expertise will enable FlexPower to deliver reliable power risk
Resistant AI Raises $25 Million in Series B Funding to Empower AI Agents to Fight Fraud and Fincrime
PRAGUE--(BUSINESS WIRE)--Resistant AI, the leading provider of native artificial intelligence models for financial crime and fraud prevention, today announced a $25 million Series B funding round. The round was led by DTCP, with strong participation from existing investors including Experian, GV, and Notion Capital who are doubling down on their investment. The company, which was breakeven in September, will use the capital to solidify its position as a profitable EU AI champion by expanding it
Tenpoint Therapeutics, Ltd. to Participate in Four Upcoming Investor Conferences
LONDON & SEATTLE--(BUSINESS WIRE)-- #InvestorConference--Tenpoint Therapeutics, Ltd. to Participate in Four Upcoming Investor Conferences
Strategy Announces ATM and BTC Activity Updates
TYSONS CORNER, Va.--(BUSINESS WIRE)--Strategy Inc (Nasdaq: STRF/STRC/STRK/STRD/MSTR) (“Strategy”), the largest corporate holder of bitcoin and the world’s first Bitcoin Treasury Company, today announced the following updates with respect to its at-the-market (“ATM”) offering programs and bitcoin holdings: ATM Update ATM Program Summary During Period October 6, 2025 to October 12, 2025 As of October 12, 2025 Shares Sold Notional Value (in millions) (1) Net Proceeds (in millio
SharkNinja Reimagines its Direct-to-Consumer Experience with Unified Destination at SharkNinja.com
NEEDHAM, Mass.--(BUSINESS WIRE)--SharkNinja Reimagines its Direct-to-Consumer Experience with Unified Destination at SharkNinja.com
Brookfield and Bloom Energy Announce $5 Billion Strategic AI Infrastructure Partnership
SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy (NYSE: BE), a global leader in power solutions, and Brookfield today announced a $5 billion strategic partnership to implement a reimagined future for AI infrastructure. This partnership marks the first phase of a joint vision to build AI factories capable of meeting the growing compute and power demands of artificial intelligence. AI factories require infrastructure that tightly integrates compute, power, data center architecture, and capital. Bl
SS&C GlobeOp Hedge Fund Performance Index and Capital Movement Index
WINDSOR, Conn.--(BUSINESS WIRE)--SS&C GlobeOp Hedge Fund Performance Index: September performance 1.09%; Capital Movement Index: October net flows decline 0.14%
Wellington Management Appoints Michael Trihy as Head of Portfolio Management to Expand Private Investment Capabilities into Evergreen Market
BOSTON & NEW YORK & LONDON--(BUSINESS WIRE)--Wellington Management (“Wellington”), one of the world’s largest independent investment management firms with over US$1.3 trillion AUM, today announced the appointment of Michael Trihy, CFA, as Head of Portfolio Management, Venture Growth Evergreen, Private Investments. In this position, Mr. Trihy will lead the expansion of Wellington’s evergreen private investing capabilities for private wealth clients. He will manage portfolio construction and capi
GCH Technologies to Speak at ConnectMobile Hosted by CTIA During Mobile World Congress Las Vegas
LAS VEGAS--(BUSINESS WIRE)--GCH Technologies: What: GCH Technologies will join industry leaders at ConnectMobile, hosted by CTIA during Mobile World Congress Las Vegas 2025, to discuss the future of trusted business messaging. The panel, “Business Messaging and the Short Code,” will explore how short codes continue to serve as the most reliable and secure channel for enterprise-to-consumer communication. Why: Enterprises are under intense pressure to deliver customer engagement that is not on
Global Indemnity Group Q3 2025 Earnings Release & Conference Call
WILMINGTON, Del.--(BUSINESS WIRE)--Global Indemnity Group, LLC (NYSE:GBLI) (“GBLI”), announced today that it will release its third quarter 2025 earnings before market open on Thursday, October 30, 2025. GBLI will hold an earnings call to discuss third quarter 2025 results on Thursday, October 30, 2025 at 11:00 a.m. Eastern. The earnings call will be webcast on GBLI’s website at www.gbli.com. Investors and analysts interested in asking representatives of GBLI’s management questions regarding th