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Capitolis Appoints Financial Services and Fintech Veteran, Amol Naik, as Chief Operating Officer

Lastest from Businesswire - Tue, 05/06/2025 - 08:29
NEW YORK--(BUSINESS WIRE)--Capitolis, the financial technology company, today announced the appointment of Amol Naik as Chief Operating Officer (COO), effective May 5. Reporting to Gil Mandelzis, Founder and Chief Executive Officer of Capitolis, Naik will be responsible for managing the company’s day-to-day operations, driving company-wide execution against the firm’s business strategy. Naik is a seasoned financial services leader and a builder of world-class teams, bringing over 25 years of ex

Priority Technology Holdings, Inc. Reports First Quarter Financial Results

Lastest from Businesswire - Tue, 05/06/2025 - 08:29
ALPHARETTA, Ga.--(BUSINESS WIRE)--Priority Technology Holdings, Inc. (NASDAQ: PRTH) ("Priority" or the "Company"), the payments and banking fintech that streamlines collecting, storing, lending, and sending money to unlock revenue opportunities, today announced its first quarter 2025 financial results including strong year-over-year diversified revenue growth. "Strong first quarter growth in revenue and profits continues to demonstrate the value of our Priority Commerce Engine, purpose built to

ICE and OPEN Introduce New Benchmark for Tracking 20 U.S. Venture-Backed Unicorns

Lastest from Businesswire - Tue, 05/06/2025 - 08:29
ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, and OPEN, a pioneer in private market indexing, today announced the launch of the NYSE® OPEN VC Unicorn® 20 Index (NYOV20L), a new benchmark designed to track the performance of 20 of the largest U.S.-based, privately held, venture-backed Unicorn companies. This new index expands upon the success of the NYSE® OPEN Venture Capital Unicorn® Index (NYSEOVC) by offerin

Tradeweb Reports April 2025 Total Trading Volume of $57.8 Trillion and Average Daily Volume of $2.7 Trillion

Lastest from Businesswire - Tue, 05/06/2025 - 08:29
NEW YORK--(BUSINESS WIRE)--Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today reported total trading volume for the month of April 2025 of $57.8 trillion (tn)1. Average daily volume (ADV) for the month was $2.7tn, an increase of 38.6 percent (%) year-over-year (YoY). Excluding the impact of the ICD acquisition, which closed on August 1, 2024, total ADV for the month of April was up 25.9% YoY. In April 20

DoorDash Announces Agreement to Acquire SevenRooms to Enhance Commerce Platform Offerings

Lastest from Businesswire - Tue, 05/06/2025 - 08:29
SAN FRANCISCO--(BUSINESS WIRE)--DoorDash (NASDAQ: DASH), a leading global platform for local commerce, today announced it has reached an agreement to acquire SevenRooms, a New York City-based software company and a global leader in hospitality technology. The move marks a significant expansion of DoorDash’s Commerce Platform capabilities, equipping merchants globally with new tools to grow in-store and delivery sales, build stronger customer relationships, and increase profitability. The acquis

$3.7 Billion Merger Launches Balefire, a New Brand and Business Growth Strategy

Lastest from Businesswire - Tue, 05/06/2025 - 08:29
DALLAS--(BUSINESS WIRE)-- #Balefire--VisionPoint Advisory Group and Navitas Wealth Advisors have merged to form Balefire, an SEC Registered Investment Adviser and comprehensive wealth management firm designed to meet the growing demand for integrated, high-capability financial and business advisory solutions for affluent individuals, families, and businesses. The new entity brings together over 60 professionals with complementary skillsets, offering comprehensive wealth management, strategic tax planning,

Latino Community Foundation Unveils New Research on Latino Entrepreneurship, Highlighting Untapped Economic Potential for the Nation

Lastest from Businesswire - Tue, 05/06/2025 - 08:29
SAN FRANCISCO--(BUSINESS WIRE)-- #CaliforniaEconomy--California’s economy, the fourth largest in the world, offers a glimpse of what’s possible for the United States: greater prosperity fueled by Latino entrepreneurs. But new research from the Latino Community Foundation (LCF) reveals the nation is leaving billions on the table by failing to invest in the very businesses driving local growth and job creation. As National Small Business Week kicks off, the Latino Community Foundation (LCF) releases two new research

Parcion Private Wealth Expands Leadership Team with Appointment of Veteran Executives

Lastest from Businesswire - Tue, 05/06/2025 - 08:29
BELLEVUE, Wash.--(BUSINESS WIRE)--Parcion Private Wealth, a nationally recognized multi-family office based in Bellevue, Washington, today announced two key executive appointments as part of its continued investment in talent and growth. The firm has named Dan McCollum as Chief Investment Officer, and Sam King as Chief Operating Officer and Chief Compliance Officer, expanding its leadership bench as the firm surpasses $2.7 billion in assets under management. Founded in 2019, Parcion is purpose-

Lunchables Transforms a Lunchtime Classic with First-Ever Dippable, No-Thaw Crustless PB&J

Lastest from Businesswire - Tue, 05/06/2025 - 08:29
PITTSBURGH & CHICAGO--(BUSINESS WIRE)--Today, Lunchables expands its kid-loved and parent-approved offerings with the debut of new Lunchables PB&J: the first-ever dippable, no-thaw crustless PB&J. Grounded in kids’ love of dipping¹ and the timeless debate between the perfect ratio of peanut butter and jelly in a PB&J — the new product gives kids the freedom to enjoy a PB&J exactly how they like it. Lunchables PB&J, a “remix” of a beloved lunchtime staple, includes two delici

3rd Annual Dynamo Software Survey: Despite Volatility, General Partners Project Optimism Across Fundraising, Tech and Market Diversification Plans

Lastest from Businesswire - Tue, 05/06/2025 - 08:29
BOSTON--(BUSINESS WIRE)-- #2025GPInsights--Dynamo Software today released the latest primary research findings on alternative investment trends after surveying 80 global General Partners.

Novanta Announces Financial Results for the First Quarter 2025

Lastest from Businesswire - Tue, 05/06/2025 - 08:29
BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (“Novanta” or the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, today reported financial results for the first quarter 2025. Financial Highlights Three Months Ended   (In millions, except per share amounts) March 28,     March 29,     2025     2024   GAAP           Revenue $ 233.4     $ 230.9   Operating Income $ 32.4     $ 25.6   Net Income $ 21.2     $ 14.7   Diluted EPS $ 0.59     $ 0.

Sandglass Capital Appoints Charles-Antoine Wauters as Director of Research to Support the Firm’s Growing Corporate Distressed Opportunity Set

Lastest from Businesswire - Tue, 05/06/2025 - 08:29
NEW YORK & LONDON--(BUSINESS WIRE)--Sandglass Capital, an investment firm specializing in emerging market credit, has announced Charles-Antoine Wauters as a Director on the firm’s Investment Team. Based in London, Wauters brings more than 20 years of experience in distressed debt, legally driven strategies, and private credit. Wauters boasts extensive experience in managing in-court and out-of-court restructurings and financings, which include multi-jurisdictional legal complexities, bespoke in

AmericanTCS Strengthens American Trust Retirement Leadership with Two Key Appointments

Lastest from Businesswire - Tue, 05/06/2025 - 08:29
PITTSBURGH--(BUSINESS WIRE)--AmericanTCS today announced the appointment of Beau Adams as the new President of American Trust Retirement and Carolann DiMaggio as Chief Operating Officer. As an AmericanTCS business, American Trust Retirement provides trading, custody, administration and technology solutions that enable partners to create their own retirement offerings to meet the needs of the advisor best, the plan sponsor and most importantly, the participant. "We're thrilled to welcome both Be

The Trade Desk Launches European Unified ID on Snowflake Marketplace to Enrich First-Party Data and Improve Addressability on the Open Internet

Lastest from Businesswire - Tue, 05/06/2025 - 05:28
LONDON--(BUSINESS WIRE)--The Trade Desk, the global advertising technology leader, today announced that it has launched European Unified ID (EUID) on Snowflake Marketplace to help joint customers activate more targeted digital advertising campaigns. EUID is an open-source, industry-wide identity solution that enables advertisers to build holistic, cross-channel digital advertising campaigns based on authenticated data. “Our collaboration with The Trade Desk will enable brands to access EUID thr

Recraft Raises $30M Series B to Bring Creative Quality and Brand Control to Generative AI Design

Lastest from Businesswire - Tue, 05/06/2025 - 05:28
LONDON--(BUSINESS WIRE)--Recraft Inc., the only AI-powered design platform providing image generation with true brand consistency, today announced it has raised a $30M Series B funding round led by Accel with participation from Madrona Ventures, and existing investors Khosla Ventures, Nat Friedman, Elad Gil and RTP Global. The funding coincides with the launch of Advanced Style Creation and Controls, offering creative teams more ways to explore, develop, and scale unique brand styles with consi

Nearly a Third of Employees are Keeping Their AI-Driven Productivity a Secret, Finds Ivanti Research

Lastest from Businesswire - Tue, 05/06/2025 - 02:28
SALT LAKE CITY--(BUSINESS WIRE)--Ivanti, the enterprise software company that provides a comprehensive IT and security cloud-based platform, released its latest report 2025 Technology at Work Report: Reshaping Flexible Work, which surveyed over 6,000 office workers and 1,200 IT and cybersecurity professionals to explore the challenges and opportunities in the modern workforce. Amid economic turbulence, a stagnating job market, return-to-office mandates, and fewer opportunities to climb the corp

Assured Guaranty Guarantees €75 Million of Notes Issued by XpFibre Groupe

Lastest from Businesswire - Tue, 05/06/2025 - 02:28
PARIS--(BUSINESS WIRE)--Assured Guaranty (Europe) SA (AGE)*, an indirect subsidiary of Assured Guaranty Ltd. (together with its subsidiaries, Assured Guaranty), announced that it has guaranteed principal and interest payments on €75 million of notes issued by XpFibre Groupe on 30th April 2025, in order to refinance existing debt. This financing represents AGE’s first transaction in the European fibre sector. The 13-year, senior secured fixed-rate notes guaranteed by AGE were funded by a single

Merchants & Marine Bancorp, Inc. Announces First Quarter Financial Results

Lastest from Businesswire - Mon, 05/05/2025 - 20:28
PASCAGOULA, Miss.--(BUSINESS WIRE)--Merchants & Marine Bancorp, Inc. Announces First Quarter Results

Kirby McInerney LLP Urges Investors in Perpetua Resources Corp. (PPTA) to Inquire About Their Rights in Class Action Lawsuit

Lastest from Businesswire - Mon, 05/05/2025 - 20:28
NEW YORK--(BUSINESS WIRE)---- $PPTA #CLASSACTIONLAWSUIT--The law firm of Kirby McInerney LLP reminds investors that a class action lawsuit has been filed in the U.S. District Court for the District of Idaho on behalf of those who acquired Perpetua Resources Corp. (“Perpetua” or the “Company”) (NASDAQ:PPTA) securities during the period from April 17, 2024, through February 13, 2025 (“the Class Period”). Investors have until May 20, 2025, to apply to the Court to be appointed as lead plaintiff in the lawsuit. [LEARN MORE ABOU

Kirby McInerney LLP Urges Investors in Geron Corporation (GERN) to Inquire About Their Rights in Class Action Lawsuit

Lastest from Businesswire - Mon, 05/05/2025 - 20:28
NEW YORK--(BUSINESS WIRE)---- $GERN #CLASSACTIONLAWSUIT--The law firm of Kirby McInerney LLP reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Northern District of California on behalf of those who acquired Geron Corporation (“Geron” or the “Company”) (NASDAQ:GERN) securities during the period from June 7, 2024, through February 25, 2025 (“the Class Period”). Investors have until May 12, 2025, to apply to the Court to be appointed as lead plaintiff in the lawsuit. [LEARN MORE AB

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