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Lumileds Aligns Capital Structure to Enable Transformation and Continue Customer Support
EINDHOVEN, The Netherlands & LOS ANGELES--(BUSINESS WIRE)--Lumileds Holding B.V. (“Lumileds” or the “Company”), a global leader in LED and microLED technology for the automotive, display, illumination, and mobile markets, today announced it has entered into a transaction with Gallant Capital Partners (“Gallant”), an operationally focused private investment firm. Gallant has acquired majority positions in the Company’s senior secured term loan credit facilities. With a fully aligned lender base,
Powell Investment Advisors Welcomes Michael Baiter to the Firm
MIAMI--(BUSINESS WIRE)--POWELL INVESTMENT ADVISORS WELCOMES MICHAEL BAITER TO THE FIRM
Congressman Brad Schneider Joins FHLBank Chicago for Roundtable on Housing and Financial Services Issues in Illinois’ 10th Congressional District
LAKE FOREST, Ill.--(BUSINESS WIRE)--Federal Home Loan Bank of Chicago (FHLBank Chicago) convened a roundtable today with U.S. Rep. Brad Schneider (IL-10), member financial institutions, trade association partners, and industry leaders to discuss important issues affecting the housing finance industry, financial services institutions, and the communities they serve across Illinois’ 10th Congressional District. The event provided a forum for local community banks, credit unions, insurance compani
Generational Group Advises Alamo Welding & Boiler Works, Inc. in its Sale to United MEP Partners
DALLAS--(BUSINESS WIRE)--Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of Alamo Welding & Boiler Works, Inc. to United MEP Partners. The acquisition closed May 4, 2026. Headquartered in San Antonio, Texas, Alamo Welding & Boiler Works, Inc. is a full-service mechanical contractor specializing in the sales, service, rental, and installation of commercial and industrial boiler systems. The company provid
Better Home & Finance Files Lawsuit Against Former CEO Vishal Garg to Protect Shareholders in the Face of Garg’s Blatant Misrepresentations and Violations of Federal Securities Laws
NEW YORK--(BUSINESS WIRE)---- $BETR #BETR--Better Home & Finance Holding Company (NASDAQ: BETR) (“Better” or the “Company”) today announced that it has filed a complaint (the “Complaint”) in the United States District Court for the Southern District of New York against Vishal Garg, the Company’s former Chief Executive Officer (“CEO”). The independent directors of Better and Mr. Garg mutually agreed that Mr. Garg would step down and transition out of his role as part of a planned leadership transition, beli
Rosalie Morton, SVP at Padilla, Named to Ragan’s Top Women in Marketing, Class of 2026
MINNEAPOLIS--(BUSINESS WIRE)-- #BrandStrategy--Rosalie Morton has been named one of Ragan’s Top Women in Marketing, Class of 2026, recognized in the Tech/Digital Marketers category.
Homes.com Report: U.S. Home Prices Rise 2.6% Despite Expanding Inventory as Sales Continue to Grow
ARLINGTON, Va.--(BUSINESS WIRE)--Homes.com, a CoStar Group (NASDAQ: CSGP) leading online residential marketplace, released its July 2026 housing market report, showing the national median sale price at $400,000, up 2.6% from July 2025. Home sales increased 2.9% year over year, while homes for sale rose 4.4% from a year earlier. Taken together, those figures point to a housing market that has remained firmer than many observers expected given the increase in mortgage rates during the spring and
Yext to Announce Second Quarter Fiscal Year 2027 Financial Results on September 1, 2026
NEW YORK--(BUSINESS WIRE)--Yext, Inc. (NYSE: YEXT), the enterprise agentic marketing platform, today announced that its second quarter fiscal year 2027 results will be released on Tuesday, September 1, 2026, before market open. About Yext Yext (NYSE: YEXT) is the enterprise agentic marketing platform. Built on the world's most comprehensive structured data platform for local businesses, Yext gives brands and their partners the visibility intelligence to win every moment of discovery – across AI
Braze to Report Fiscal Second Quarter 2027 Results
NEW YORK--(BUSINESS WIRE)--Braze (Nasdaq: BRZE), the leading customer engagement platform that empowers brands to Be Absolutely Engaging™, announced today that it will release its financial results for the second quarter of the 2027 fiscal year after U.S. financial markets close on Tuesday, September 8, 2026. Braze will host a webcast conference call to discuss its financial results at 4:30 pm ET (1:30 pm PT) on the same day. The webcast will be available under the events section of its Investo
Securities Fraud Investigation Into Baidu, Inc. (BIDU) Continues – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz continues an investigation of Baidu, Inc. (“Baidu” or the “Company”) (NASDAQ: BIDU) on behalf of investors concerning the Company’s possible violations of federal securities laws.IF YOU ARE AN INVESTOR WHO LOST MONEY ON BAIDU, INC. (BIDU), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.What Is The Investigation About?On November 26, 2025, Reuters reported that an October 7th letter from Deputy Defense S
Kessler Topaz Meltzer & Check, LLP Files a Class Action Lawsuit Against Volkswagen for Selling Vehicles With Defective Batteries that Catch Fire
RADNOR, Pa.--(BUSINESS WIRE)-- #classaction--Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized class action litigation law firm, has filed a class action lawsuit against Volkswagen Aktiengesellschaft and Volkswagen Group of America, Inc. (“VW”), for breach of express warranty and other federal and state law violations. The complaint alleges that VW manufactured and sold certain vehicles – 2023-2025 Volkswagen ID.4s – which have defective batteries that may suddenly and unexpectedl
Hagens Berman: Consumers Seek Final Approval for Injunctive Settlement with Agri Stats in Massive Chicken Antitrust Class-Action Lawsuit
CHICAGO--(BUSINESS WIRE)---- $TSN #agri--A class of hundreds of millions of consumers seeks approval of a settlement in a lawsuit against chicken producers, according to Hagens Berman.
Mercury Launches Exclusive Mutual Fund Products with Morgan Stanley Investment Management and State Street Investment Management
SAN FRANCISCO--(BUSINESS WIRE)--Mercury, the technology company providing radically different banking1, today announced the launch of two Mercury-exclusive Treasury2 products built in partnership with Morgan Stanley Investment Management and State Street Investment Management. The new Treasury offerings are custom designed to help startups and scaling businesses earn a competitive return on idle cash while maintaining the liquidity and conservative investment profile customers expect from Treas
The Crest Group Acquires Dukane, a Global Leader in Advanced Ultrasonic Solutions and Plastic Joining Technologies
NEW YORK--(BUSINESS WIRE)--The Crest Group (“Crest”), a global industrial technology manufacturer, today announced it has acquired Dukane, a global manufacturer of advanced ultrasonic solutions and plastic joining technologies. Crest is backed by Stellex Capital Management (“Stellex”), a New York-based private equity firm. Terms of the transaction were not disclosed. Crest is a leading manufacturer of ultrasonic cleaning and welding solutions. Dukane, which offers a broad technology portfolio i
Clutch Report: Small Businesses Are Moving Beyond AI Experimentation
WASHINGTON--(BUSINESS WIRE)--Small businesses are moving beyond AI experimentation and building more mature ways of using the technology. New research from Clutch finds that 59% of small businesses already using AI qualify as AI adoption Leaders, based on Clutch’s AI Maturity Index, which measures how systematically businesses integrate AI across technology, data, strategy, governance, skills, and culture. The findings are based on a survey of 600 U.S. small businesses using AI. “AI maturity is
Alliant Insurance Services to Acquire Nava, Creating an AI-Native Model for the Future of Employee Benefits
IRVINE, Calif.--(BUSINESS WIRE)-- #Acquisitions--Alliant Insurance Services today announced that it has entered into an agreement to acquire Nava Benefits.
KBRA Assigns Preliminary Ratings to OBX 2026-NQM12 Trust
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 8 classes of mortgage-backed notes from OBX 2026-NQM12 Trust, a $337.5 million non-prime RMBS transaction. The underlying collateral, comprising 566 residential mortgages, with fixed-rate mortgages (FRMs) and hybrid adjustable-rate mortgages (ARMs) making up 94.9% and 5.1% of the pool, respectively. A majority of the loans are either classified as non-qualified mortgages (Non-QM; 49.1%) or exempt (41.8%) from the Ability-to-Repay/Qu
Finance of America Earns 2026 Great Place To Work CertificationTM
PLANO, Texas--(BUSINESS WIRE)--Finance of America Reverse LLC (“Finance of America” or the “Company”) (NYSE: FOA), the nation's leading provider of home equity-based retirement solutions, today announced it has been CertifiedTM by Great Place To Work®. The prestigious award is based entirely on what current employees say about their experience working at Finance of America. This year, 90% of FOA employees said it's a great place to work, compared to 57% of employees at a typical U.S. company. “
Griffon Corporation Announces Closing of Senior Notes Offering and Amended Credit Facility
NEW YORK--(BUSINESS WIRE)--Griffon Corporation (NYSE: GFF) (“Griffon” or the “Company”) today announced the closing of its previously announced senior notes offering of $800 million aggregate principal amount of 6.25% senior notes due 2034 (the “2034 Notes”) in an unregistered offering through a private placement and the amendment and restatement of its existing credit agreement to extend maturity from August 1, 2028 to August 18, 2031 (the “Amended Credit Facility”). Notes Offering The 2034 No
Family of Disabled Quadriplegic Greek Woman Pleads with Government of Cyprus to Release ICSID Award Needed for Her Care
WASHINGTON--(BUSINESS WIRE)--The family of a severely disabled, quadriplegic Greek woman is pleading with the government of Cyprus to release nearly €5 million awarded to the family in March by the International Centre for Settlement of Investment Disputes (ICSID), a ruling that the Cypriot government has thus far refused to honor. The family has appealed directly to Cyprus President Nikos Christodoulides and attorney general George L. Savvides of Cyprus to release the funds, which are needed f
