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Pacer ETFs Expands Cash Cows ETF™ Series With the Addition of a New Growth Rotation Fund and a Quality-Focused Fund

Lastest from Businesswire - Wed, 05/07/2025 - 11:29
MALVERN, Pa.--(BUSINESS WIRE)---- $LCOW #ETF--Pacer ETFs adds two new strategies to its Cash Cows Series with a sector rotation fund and quality-focused fund.

Ancora Issues Letter to Forward Air Shareholders Regarding the Need to Vote AGAINST Three Unfit Legacy Directors at 2025 Annual Meeting

Lastest from Businesswire - Wed, 05/07/2025 - 11:29
CLEVELAND--(BUSINESS WIRE)--Ancora Holdings Group, LLC (together with its affiliates, “Ancora” or “we”) today issued the below letter to shareholders of Forward Air Corporation (NASDAQ: FWRD) (“Forward Air” or the “Company”) outlining its reasons why shareholders should join Ancora in voting AGAINST three current members of the Board of Directors (the “Board”) at the 2025 Annual Meeting of Shareholders (the “Annual Meeting”): Chairman George S. Mayes, Jr., Director Javier Polit and Director Lau

Emburse Survey Finds Finance Teams Cautiously Embracing AI, Rethinking ROI

Lastest from Businesswire - Wed, 05/07/2025 - 11:29
DALLAS--(BUSINESS WIRE)--Emburse, whose leading travel and expense solutions power forward-thinking organizations, today released a new report, “AI-Powered Finance: New Practices, ROI and Future Outlook”, examining how finance teams in the U.S. and UK are adopting artificial intelligence (AI) to improve productivity and business outcomes. Based on a survey of 1,500 finance professionals, the report reveals that while 66% of organizations have invested in AI, many are still determining how to me

Performance Equity Management, LLC, A Sagard Partner, Holds Final Close on Its Fifth Direct Co-Investment Fund

Lastest from Businesswire - Wed, 05/07/2025 - 11:29
GREENWICH, Conn.--(BUSINESS WIRE)--Performance Equity Management, LLC (PEM), a Sagard partner, today announced the final close of its fifth co-investment fund, Performance Direct Investments V (PDI V), which closed above its $300 million target at $383 million. Investors include public and corporate pension plans, university endowments, private foundations, insurance companies, family offices, and ultra-high-net-worth individuals. “PEM’s PDI funds have been delivering solid returns for 20 years

Iterable Launches Native WhatsApp Integration to Power Real-Time, Two-Way Messaging at Global Scale

Lastest from Businesswire - Wed, 05/07/2025 - 11:29
SAN FRANCISCO--(BUSINESS WIRE)-- #Iterable--Now live: Iterable’s native WhatsApp integration powers real-time, AI-driven messaging at scale—no silos or connectors, just seamless CX.

Recurly Announces Strategic Acquisitions of Redfast and Prive to Accelerate the Future of Subscription Growth

Lastest from Businesswire - Wed, 05/07/2025 - 11:29
AUSTIN, Texas--(BUSINESS WIRE)--Recurly, a leading subscription management platform, announced today – fresh off being named Best Subscription Management Platform by 2025 SubSummit – that it has acquired the Shopify-first subscription platform Prive and subscriber engagement personalization tool Redfast. With these additions, Recurly becomes the first and only subscription management suite to fully integrate billing, payments, analytics, real-time subscriber engagement, and ecommerce subscripti

Marchex to Report First Quarter 2025 Financial Results on Tuesday, May 13, 2025

Lastest from Businesswire - Wed, 05/07/2025 - 11:29
SEATTLE--(BUSINESS WIRE)-- #AIsolutions--Marchex (NASDAQ: MCHX), which harnesses the power of AI and conversational intelligence to drive operational excellence and revenue acceleration, today announced that it will release financial results for the first quarter ended March 31, 2025, on May 13, 2025, at approximately 4:20 p.m. ET. At that time, Marchex will post the press release in the Press Center section of its corporate website (https://www.marchex.com/about-us/press/). Following the release, management

Province Diversifies Client Service Offering With Strategic Acquisition of O’Keefe

Lastest from Businesswire - Wed, 05/07/2025 - 11:29
LAS VEGAS--(BUSINESS WIRE)--Province, a leading and internationally recognized restructuring and financial advisory firm, today announced the strategic acquisition of O’Keefe, a Michigan-based advisory firm specializing in litigation risk management, forensic accounting, capital advisory, and turnaround solutions services. Terms of the transaction were not disclosed. The combination of Province’s suite of multi-disciplinary services and O’Keefe’s targeted litigation advisory expertise, strong p

The Hartford To Host Virtual Annual Meeting Of Shareholders On May 21

Lastest from Businesswire - Wed, 05/07/2025 - 11:29
HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford will host a virtual annual meeting of shareholders at 12:30 p.m. EDT on Wednesday, May 21. Shareholders of record at the close of business on March 24, 2025, or their legal proxy holders, are entitled to attend the meeting, vote shares and submit questions at www.virtualshareholdermeeting.com/HIG2025. To be admitted, shareholders must enter the 16-digit control number found on the proxy card, voter instruction form or notice that they previously re

Majesco and Vertex Announce Partnership to Deliver Advanced Tax Solutions for Disability Claims and Absence Management

Lastest from Businesswire - Wed, 05/07/2025 - 11:29
MORRISTOWN, N.J.--(BUSINESS WIRE)-- #futureforecast--Majesco, a global leader in cloud insurance software solutions, is excited to announce a partnership with Vertex Inc., a global provider of indirect tax technology solutions. This partnership introduces the Majesco ClaimVantage solution utilizing Vertex tax expertise, delivering a transformative tax solution designed to empower customers with a comprehensive, seamless, and automated tax calculation solution for disability claims and absence management. Since 1

Nodal Exchange Achieves New Records in All Markets in April

Lastest from Businesswire - Wed, 05/07/2025 - 11:29
WASHINGTON--(BUSINESS WIRE)--Nodal Exchange announced today new records in power, natural gas, and environmental futures trading.

Vivo Capital Closes Its Public Fund with Commitments of Over $740 Million

Lastest from Businesswire - Wed, 05/07/2025 - 11:29
PALO ALTO, Calif.--(BUSINESS WIRE)--Vivo Capital (“Vivo” or “the Firm”), a leading global investment firm focused exclusively on healthcare and life sciences, has closed the third cycle of its Vivo Opportunity Fund and its affiliates (the “Public Fund”) with over $740 million in commitments. The Public Fund invests in preclinical and clinical stage life sciences businesses that are developing or commercializing novel therapies for unmet medical needs. Vivo Opportunity Fund is an evergreen fund

Financial Anxiety at an All-Time High as Americans Struggle With Access to Care

Lastest from Businesswire - Wed, 05/07/2025 - 11:29
SAN FRANCISCO--(BUSINESS WIRE)--Survey from Doctor On Demand by Included Health shows financial anxiety is at an all-time high, with most Americans feeling its toll on mental health.

KlariVis Expands Sales Team to Meet Growing Demand from Community Banks

Lastest from Businesswire - Wed, 05/07/2025 - 11:29
ROANOKE, Va.--(BUSINESS WIRE)--KlariVis, a leading provider of data analytics solutions for financial institutions, is expanding its sales team to meet the increasing demand for simplified, actionable data insights among community banks nationwide. To support this growth, the company has welcomed six new Sales Executives—Graham Waldrop, Meaghan Kincaid, Heather Knight, Martin Horak, Nathan Neblung and Taylor Hamm—who will strengthen KlariVis’ presence across the U.S. “The demand for KlariVis co

Majority of public sector workers need help determining how much to save for retirement, a new MissionSquare Research Institute report finds

Lastest from Businesswire - Wed, 05/07/2025 - 11:29
WASHINGTON--(BUSINESS WIRE)--A new research report from MissionSquare Research Institute reveals that a majority of public sector employees surveyed, particularly those in education, public safety, and health and human services, lack the guidance they need to confidently prepare for retirement. According to the report, “Addressing Retirement Security Concerns of Employees in State and Local Government by Occupation,” a majority (60%) of surveyed employees indicate they need more support in unde

BuzzFeed, Inc. Reports Q1 2025 Results and Continues to Advance High-Margin Revenue Lines and Strategy for Long-Term Growth

Lastest from Businesswire - Wed, 05/07/2025 - 11:29
NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. (“BuzzFeed” or the “Company”) (Nasdaq: BZFD) today announced its financial results for the quarter ended March 31, 2025. The Company continued to execute on its strategy to improve profitability, expand scalable, high-margin revenue streams, and invest in future-oriented innovation. “This quarter reflects the strength of our core publishing business and the momentum we’re building with AI-assisted tools,” said Jonah Peretti, BuzzFeed Founder and CEO. “E

Awayday Announces Strategic Investment by Ares Management and LightBay Capital

Lastest from Businesswire - Wed, 05/07/2025 - 11:29
DESTIN, Fla.--(BUSINESS WIRE)--Awayday (the “Company”), a leading full-service U.S. vacation rental property manager, today announced a strategic investment made by an Ares Management Private Equity fund (“Ares”). The existing financial sponsor, LightBay Capital (“LightBay”), a Los Angeles-based growth-focused private equity firm, fully realized its investment in Fund I and re-invested in the Company alongside Ares in Fund II. Terms of the investment were not disclosed. Awayday is a leading pro

Prudential Fosters Advancement of Fintech Research by Joining CRAFT Industry Board at Stevens Institute of Technology

Lastest from Businesswire - Wed, 05/07/2025 - 11:29
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) announced today it has joined the Industry Advisory Board of the Center for Research toward Advancing Financial Technologies (CRAFT) at Stevens Institute of Technology. As a board member, Prudential will partner with leading research universities, including Rensselaer Polytechnic Institute and the University of Connecticut, to address the opportunities and challenges in financial technology. With its focus on expanding access

HG Vora Commences Lawsuit Against PENN Entertainment to Preserve the Fundamental Right of Shareholders to Elect All Three of Its Highly Qualified Independent Directors

Lastest from Businesswire - Wed, 05/07/2025 - 08:29
NEW YORK--(BUSINESS WIRE)--HG Vora Capital Management, LLC (together with its affiliates, “HG Vora”) today filed a complaint in the United States District Court for the Eastern District of Pennsylvania (the “Court”) against PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) and its Board of Directors (the “Board”). The complaint alleges that PENN violated Pennsylvania’s Business Corporation Law and the Board breached its fiduciary duties when it reduced the number of seats up for

BizCap® Delivers Multi-Million Dollar Financing to Cerebelly, Producer of Organic Baby and Toddler Food

Lastest from Businesswire - Wed, 05/07/2025 - 08:29
SAN FRANCISCO--(BUSINESS WIRE)-- #commercial--BizCap®, a national commercial finance and advisory firm, today announced that it has successfully structured and secured a comprehensive financing package for Cerebelly, a leading producer of organic, nutrient-rich baby and toddler food formulated to support brain development. The financing will empower the company to invest in inventory and strengthen working capital, accelerating its long-term growth plan. “BizCap didn’t come in with a one-size-fits-all soluti

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