Feed aggregator

SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN)—The median U.S. asking rent fell 0.3% year over year in December to $1,594—the lowest level since March 2022. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. The median asking rent was down 0.1% from a month earlier, and down 6.2% from its August 2022 record high of $1,700. The median asking rent per square foot dropped 1.9% year over year in December to $1.78, and fell 0.1% month over month. Askin

GREENVILLE, S.C.--(BUSINESS WIRE)--Regional Management Corp. (NYSE: RM), a diversified consumer finance company, announced today that it will report its fourth quarter 2024 results after the market closes on Wednesday, February 5, 2025. The company will hold a conference call to discuss results at 5:00 PM ET on that day. A live webcast of the conference call will be available on Regional Management’s website at www.RegionalManagement.com. The dial-in number for the conference call is (877) 407-

NEW YORK--(BUSINESS WIRE)--Ascend Capital Partners (“Ascend”), a healthcare focused private equity firm dedicated to improving the access, affordability and quality of healthcare for vulnerable and underserved populations, today announced that it has acquired a majority stake in Unison Therapy Services (“Unison”), one of the largest outsourced therapy providers for Pre-K – 12 students in school- and community-based settings. Unison, founded in 1989, is a multi-disciplinary provider of therapy s

BOSTON--(BUSINESS WIRE)--Valspring Capital, a healthcare-focused growth equity firm, today announced the close of the firm’s debut fund, Valspring Capital Fund I (the “Fund”), above its target, at $255 million. Founded in 2022 by a team spun off from Bain Capital Ventures to pursue healthcare investments with the firm’s support, the Valspring team will seek to invest primarily in growth-stage companies in the healthcare industry, focusing on the information technology, technology-enabled servic

LOS ANGELES--(BUSINESS WIRE)-- #NewHires--Wedbush Securities, a prominent diversified independent financial services provider, is pleased to announce that Alex Froloff has joined the firm as a Financial Consultant in Wealth Management. Joining from Merrill Lynch, Froloff brings more than 25 years of experience designing, implementing, and consulting on retirement plans for executives and business owners. Throughout his career, Froloff has worked to establish customized wealth management and investment stra

NEW YORK--(BUSINESS WIRE)--MidOcean Partners (“MidOcean”), a premier alternative asset manager specializing in middle-market private equity, alternative credit, and structured capital, announced today that it led a $197.5 million structured equity investment in OWN Equipment Fund I LLC, a newly formed special-purpose vehicle. The equity investment supported a $797.5 million sale-leaseback transaction (the “Transaction”) with EquipmentShare.com Inc. (“EquipmentShare”), a leading construction equ

OMAHA, Neb.--(BUSINESS WIRE)--ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, today announced that Bridget Hall, Leader of Real-Time Payments for the Americas, has been named one of American Banker’s Most Influential Women in Payments for 2025. This prestigious award celebrates female leaders shaping the future of payments and advancing the financial services industry writ large. American Banker’s Most Influential Women in Payments recognizes individuals whose

IRVINE, Calif.--(BUSINESS WIRE)-- #AlliantInsurance--Taylor Pottle has joined Alliant Insurance Services as Vice President within its Employee Benefits Group. Based in the Northeast, Pottle will focus on small group sales, working with employers ranging from two-person companies to organizations with more than 1,000 employees. With years of experience in the insurance industry, she brings a consultative approach to helping businesses design and implement comprehensive benefit programs. Pottle helps to provide guid

NEW YORK--(BUSINESS WIRE)-- #CapitalEntrepreneurs--Catalyze, a national platform providing Capital Entrepreneurs with support and capital to build enduring firms, announced the launch of the inaugural GP Runway Fund today. The Fund will extend flexible working capital loans to U.S.-based underrepresented and innovative investors raising funds one through three. Spring Point Partners, Gary Community Ventures, and Blue Haven Initiative will anchor the Fund, and Catalyze will continue to raise third-party capital to inve

LONDON--(BUSINESS WIRE)--Cirium has unveiled the industry’s first generative AI assistant designed specifically for airline and airport on-time performance (OTP).

AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (Nasdaq: CORZ) ("Core Scientific" or “the Company”), a leader in digital infrastructure for high-performance computing and digital asset mining, today announced the appointment of Scott Brueggeman as Chief Marketing Officer. With over 20 years of experience in digital infrastructure and technology businesses, Brueggeman will play a pivotal role in strengthening the company’s brand presence, driving growth, and expanding market opportunities.

CHICAGO--(BUSINESS WIRE)--Press Ganey, the leading provider of experience measurement, data analytics, and insights for health systems and health plans, has released its latest research report, “Health Plan Member Experience in 2024.” This report highlights critical areas for improvement in member experience, drawing on regulatory, voice-of-the-customer, and Press Ganey’s patient experience data. The findings underscore the pressing need for health plans to address barriers to higher member sat

ARLINGTON, Va.--(BUSINESS WIRE)-- #Bedding--GTT Communications Inc., a leading networking and security as a service provider for multinational organizations, announced that Mattress Warehouse, a retail provider of quality name-brand bedding and sleep products, is leveraging GTT’s reliable, managed network and security services to support a consistent and superior buying experience for the retailer’s customers in more than 350 stores. Mattress Warehouse uses cutting-edge technology to give customers a diff

FOLSOM, Calif.--(BUSINESS WIRE)--One Inc, a leading payments network for the insurance industry, has been honored with the 2024 Guidewire Ecosystem Partner of the Year award for its impactful contributions to policyholder experience and digital transformation within Guidewire’s customer community. This honor highlights the strong partnership between One Inc and Guidewire, solidifying One Inc as Guidewire’s strategic partner dedicated to simplifying payments across the insurance ecosystem. The a

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Continuing its track record of payment solutions excellence, FIS® (NYSE: FIS) has been recognized as a leader in the Omdia Universe: Payment Hubs, 2024-25 report. This prestigious industry ranking underscores the company’s dedication to unlocking financial technology that seamlessly and efficiently moves money between the world’s banks, consumers, businesses and beyond. Omdia defines a payment hub as a payment solution that enables financial institutions to

SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN)—More house hunters are starting their home search as the new year kicks off, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Redfin’s Homebuyer Demand Index—a seasonally adjusted measure of tours and other buying services from Redfin agents—posted a small 2% increase from a month earlier during the week ending January 5, and it’s also up 2% year over year. There are several reasons a few more buyers are o

JERSEY CITY, N.J.--(BUSINESS WIRE)--MANTL, a leading provider of account origination solutions, today announced that its customer base grew to over 150 banks and credit unions in 2024. The company’s 49% year-over-year (YOY) customer growth is a testament to the overwhelming success that banks and credit unions are achieving with MANTL. “With the widespread adoption of our business and in-branch account opening solutions and our expansion into loan origination, 2024 was a pivotal year for MANTL,

PALO ALTO, Calif.--(BUSINESS WIRE)--Frazier Life Sciences (FLS), a longstanding investment firm focused on innovative therapeutics, today announced the appointments of Mitchell H. Gold, M.D., and Stanford L. Peng, M.D., Ph.D., as Venture Partners. "We believe Mitch and Stanford bring exceptional leadership and experience that will elevate our ability to create and nurture breakthrough biopharmaceutical companies,” said Jamie Topper, M.D., Ph.D., Managing Partner at FLS. “Mitch's history of buil

MINNEAPOLIS & WASHINGTON--(BUSINESS WIRE)--Vensana Capital Closes $425 Million Fund III to Back Breakthrough Medical Technology Companies

BOSTON--(BUSINESS WIRE)--Toast (NYSE: TOST), the digital technology platform purpose-built for hospitality, is deepening its commitment to convenience stores, bottle shops, and grocers in 2025, kicking off the year by showcasing its comprehensive food and beverage retail solution at the National Retail Federation Show in New York City. Toast Retail is designed to enable convenience stores, bottle shops, and grocery stores to operate faster and more efficiently, modernize inventory management, a