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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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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