Feed aggregator
Beacon to Release Fourth Quarter and Full Year 2024 Earnings on February 27, 2025
HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) (the “Company”) announced today that, consistent with last year, its earnings results for the quarter and full year ended December 31, 2024 will be released before the market opens on Thursday, February 27, 2025. The Company will host a conference call and webcast to discuss its financial results at 8:30 a.m. Eastern Time that same day. Analysts, investors and interested parties are invited to register and listen to the earnings call and view
Beacon Board of Directors Unanimously Rejects QXO’s Unsolicited Tender Offer
HERNDON, Va.--(BUSINESS WIRE)--Beacon (Nasdaq: BECN) (the “Company”), the leading publicly-traded specialty wholesale distributor of roofing, waterproofing and related exterior products, today announced that its Board of Directors (the “Board”) issued its formal recommendation to shareholders regarding the unsolicited tender offer (the “Offer”) from QXO, Inc. (NYSE: QXO) to acquire all outstanding shares of Beacon common stock for $124.25 per share in cash. The Board, after consultation with it
AMPS Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Altus Power, Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Altus Power, Inc. (NYSE: AMPS) to TPG for $5.00 per share is fair to Altus shareholders. Halper Sadeh encourages Altus shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Altus and its board of directors violated t
inDrive Is the World’s Second Most Downloaded Ride-Hailing App For a Third Consecutive Year
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--inDrive, a global mobility and urban services platform operating across 48 countries, has once again been named the world’s second most downloaded ride-hailing app, maintaining its impressive growth momentum in 2024 for the third year in a row, according to leading market intelligence firm Sensor Tower. inDrive also ranked as the fifth most downloaded app globally in the travel category. The inDrive app was downloaded over 6.1 million times in just the mo
WME’s Partnership with Alibaba on Films, Entertainment, and Contents
PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD Group Inc. (“AMTD” or the “Group”), alongside with World Media and Entertainment Group (“WME”), a subsidiary of the Group under AMTD Digital, jointly announced a comprehensive partnership with Beijing Alibaba Pictures Culture Limited (“Alibaba Pictures Culture”) in the fields of film, entertainment, contents, and fashion media. WME focuses on the Group’s global strategies and long-term developments in multi-media, entertainment, and cultural a
Taylor Swift's ‘Football Effect’ Drops 20% from 2024 While Ad Anticipation Surges, Zeta Global Data Shows
NEW YORK--(BUSINESS WIRE)--Taylor Swift's ‘Football Effect’ Drops 20% from 2024 While Ad Anticipation Surges, Zeta Global Data Shows
Charles River Associates (CRA) to Host Fourth-Quarter Fiscal 2024 Financial Results Conference Call on February 20
BOSTON--(BUSINESS WIRE)--Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that the company will webcast its fourth-quarter 2024 financial results conference call on Thursday, February 20, 2025 at 10:00 a.m. ET. The conference call will be hosted by President and Chief Executive Officer Paul Maleh, Chief Financial Officer Daniel Mahoney and Chief Corporate Development Officer Chad Holmes. To listen t
Ladder Capital Corp Reports Results for the Quarter and Year Ended December 31, 2024
NEW YORK--(BUSINESS WIRE)--Ladder Capital Corp (NYSE: LADR) (“we,” “our,” “Ladder,” or the “Company”) today announced operating results for the quarter and year ended December 31, 2024. GAAP income before taxes for the three months ended December 31, 2024 was $33.0 million, and diluted earnings per share (“EPS”) was $0.25. Distributable earnings was $33.6 million, or $0.27 of distributable EPS. GAAP income before taxes for the year ended December 31, 2024 was $110.9 million, and diluted earning
Alight to Announce Fourth Quarter and Full Year 2024 Results
CHICAGO--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT or “Alight”) today announced it will release fourth quarter and full year 2024 earnings results before market open on Thursday, February 20, 2025, and management will subsequently discuss the results on a webcast at 8:30 a.m. ET. The webcast and a presentation of financial information will be publicly available at Events & Presentations. Details of Webcast: Date: Thursday, February 20, 2025 Time: 8:30 a.m. ET Webcast and replay: Events &
ORIX Corporation USA's Growth Capital Business Invests in Piano
NEW YORK--(BUSINESS WIRE)--ORIX Corporation USA’s (“OCU”) Growth Capital business today announced it has successfully closed a debt financing facility for Piano Software, Inc. (“Piano”), a global leader in digital experience management, customer journey orchestration, and advanced analytics. The financing was completed alongside the close of the company’s Series D equity fundraise led by Updata Partners, a Washington, D.C.-based growth equity firm focused on technology. “Piano has built an impr
WME’s Partnership with Alibaba on Films, Entertainment, and Contents
PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD Group Inc. (“AMTD” or the “Group”), alongside with World Media and Entertainment Group (“WME”), a subsidiary of the Group under AMTD Digital, jointly announced a comprehensive partnership with Beijing Alibaba Pictures Culture Limited (“Alibaba Pictures Culture”) in the fields of film, entertainment, contents, and fashion media. WME focuses on the Group’s global strategies and long-term developments in multi-media, entertainment, and cultural a
Alpha Capital Family Office Successfully Launches intelliflo redblack to Support Ongoing Momentum
ATLANTA--(BUSINESS WIRE)--Alpha Capital Family Office successfully launches intelliflo redblack to support ongoing momentum.
OMNICOMMANDER Partners With Apiture to Offer Enhanced Digital Marketing Experiences for Community Financial Institutions
WILMINGTON, N.C.--(BUSINESS WIRE)-- #banking--Digital solutions provider OMNICOMMANDER announced its partnership with leading digital banking solutions provider Apiture.
Arch Capital Group Ltd. Appoints Alexander Moczarski to Board of Directors
PEMBROKE, Bermuda--(BUSINESS WIRE)--Arch Capital Group Ltd. (NASDAQ: ACGL) (“Arch” or the “Company”) today announced Alexander “Alex” Moczarski has joined the Company’s Board of Directors, effective immediately. Mr. Moczarski previously served as Chairman of Marsh McLennan Companies, International. He is a seasoned builder of businesses, teams and relationships, with over 45 years of global insurance experience. Over the course of his career, Mr. Moczarski held leadership positions at Guy Carpe
Pennymac Expands Third Party Origination (TPO) Offerings with the Launch of NonDel+, a Full-Service Non-Delegated Solution
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) (Pennymac) announced today the launch of its full service Non-Delegated solution, NonDel+, an intuitive, end-to-end loan experience within the dynamic POWER+ portal that is specifically tailored to banker partners who value control over their loans, but desire support with disclosures, loan documents and additional services. "We are proud to expand our TPO offering with NonDel+, which was created to empowe
FIS Launches Its New Revenue Insight Solution to Transform Accounts Receivable Management and Optimize Collections
JACKSONVILLE, Fla.--(BUSINESS WIRE)--FIS® (NYSE: FIS), a global leader in financial technology across the full money lifecycle, today announced the launch of FIS Revenue Insight, a predictive analytics solution designed to help businesses optimize collections. Through proprietary patented technology powered by artificial intelligence (AI), FIS Revenue Insight aims to deliver actionable insights into cash at risk, enabling companies to proactively identify risks, accelerate revenue and drive bus
TruArc Partners Announces Sale of AI Fire
NEW YORK--(BUSINESS WIRE)--TruArc Partners, LP ("TruArc"), a private equity firm focused on the middle-market, today announced the completion of its sale of AI Fire, LLC ("AI Fire" or the "Company"), a commercial fire and life safety services provider. As part of the transaction, TruArc will retain an ownership stake in the Company. Terms of the transaction were not disclosed. Since acquiring AI Fire in March 2021, TruArc has invested significantly in the Company to support the management team
o15 Capital Partners Raises Nearly $400 Million to Invest in Emerging American Businesses
ATLANTA--(BUSINESS WIRE)--o15 Capital Partners (“o15”), a mission-driven alternative investment firm dedicated to providing growth capital to undercapitalized companies and communities, today announced the successful close of its inaugural fund, o15 Emerging America Credit Opportunities Fund LP (the “Fund”), at approximately $370 million. The Fund’s capital, together with capital raised by o15 for related co-investment vehicles, totals nearly $400 million. The Fund received strong backing from
Ares Management Serves as Administrative and Collateral Agent for Over $1 Billion in New Financing to Support the Recapitalization of GHX
NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares”) announced today that an Ares Credit fund served as the administrative and collateral agent on a financing package to support the recapitalization of Global Healthcare Exchange, LLC (“GHX”). Founded in 2000, GHX is the leading provider of mission critical supply chain software automation solutions in the healthcare industry, facilitating accurate and timely connectivity between suppliers, providers, and distributors. GH
MarketAxess Reports Fourth Quarter and Full Year 2024 Financial Results
NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced financial results for the fourth quarter and full year ended December 31, 2024. 4Q24 select financial and operational highlights* Total revenues of $202.4 million, including an increase of approximately $1.0 million from the impact of foreign currency fluctuations. 15% growth in emerging markets and Eurobonds commission revenue,