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AM Best Affirms Credit Ratings of The Hartford Steam Boiler Group’s Members
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa+” (Superior) of the members of The Hartford Steam Boiler Group (HSB). The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed listing of the companies.) The ratings reflect HSB’s balance sheet strength, which AM Best assesses as strongest, as well as its very strong operating performance, favorable bu
KBRA Releases Research – Conduit CMBS Default and Loss Study Update: 2.0 Begins to Make its Mark
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases a new conduit CMBS default and loss study that updates our previous observations on the credit behavior of conduit loans. This KBRA report provides insights into the property, loan, and financial characteristics that contributed to conduit loan defaults and losses over the 29-year study period. Given the current popularity of five-year conduit loans—driven by borrower hesitancy to lock in longer-term financing—we have added an addendum that compares defa
U.S. Employers Signal Optimistic Hiring Outlook with a Growing Need for Skilled Entry-Level Workers
LOS ANGELES--(BUSINESS WIRE)-- #PLM--Companies large and small across the U.S. share a growing demand for skilled entry-level workers but see a gap in needed skills and certifications among candidates. Most of them believe additional job training and exposure in high school would help significantly. Lifelong Learning Administration Corporation (LLAC), a nonprofit that provides administrative and operational support to schools, commissioned an independent survey1 designed to reveal employer opinions ab
Hallmark Names Andrea Mazzoccoli as First Chief Nursing Officer, Strengthening Clinical Leadership
CHARLESTOWN, Mass.--(BUSINESS WIRE)--Hallmark Health Care Solutions, a leading healthcare workforce management technology company, today announced the appointment of Andrea Mazzoccoli, RN, MSN, MBA, PhD, FAAN, as the company’s first-ever Chief Nursing Officer (CNO). While nurses have always been part of Hallmark’s DNA, the appointment of a CNO marks a strategic evolution, elevating clinical insight to the executive level. The move comes at a time when the healthcare industry faces intensifying
Spotlight & Profound Redefine How B2B Technology Brands Influence AI Search
KANSAS CITY, Mo.--(BUSINESS WIRE)--Spotlight, the world’s largest analyst relations (AR) agency, today announced a strategic partnership with Profound, the first platform designed to help enterprises understand and improve their visibility in AI search. This collaboration gives B2B technology companies a powerful competitive advantage: Profound’s AI search analytics and optimization tools, combined with Spotlight’s expert guidance on managing reputation across two of AI’s most trusted sources –
Landon Capital Partners Exits iMemories in Strategic Sale to Ancestry
BOSTON--(BUSINESS WIRE)--Landon Capital Partners (“LCP”), a leading lower-middle-market private equity firm, alongside its partner Greens Farms Capital, announced on July 31, 2025, the sale of iMemories to Ancestry. Headquartered in Scottsdale, Arizona, iMemories has digitized more than 100 million memories for over one million families across the U.S. and is the market leader in this space. Ancestry, based in Lehi, UT, is the world leader in family history and consumer genomics. The acquisitio
Interactive Brokers Launches Version 1.0 of IBKR Desktop, Delivering a Comprehensive Trading Experience in One Platform
GREENWICH, Conn.--(BUSINESS WIRE)-- #IBKR--Interactive Brokers (Nasdaq: IBKR) today announced the official launch of Version 1.0 of IBKR Desktop.
Loci Capital and Hersh Equity Group Acquire 230,000 SF Small-Bay Industrial Portfolio in Broward County
TAMPA, Fla.--(BUSINESS WIRE)--Loci Capital (“Loci”), a diversified real estate investment firm, today announced the acquisition of a six-building, 230,000-square-foot small-bay industrial portfolio in West Park, Florida, in partnership with Hersh Equity Group (“HEG”). The portfolio, strategically located within the Fort Lauderdale MSA, consists of 116 suites averaging 1,000–2,000 square feet. The properties are positioned adjacent to a Home Depot and cater to the growing demand from small, serv
Instem achieves a major milestone, acquires all shares of Xybion from Banerjee Group LLC controlled by Dr. Pradip K. Banerjee
BOSTON & STAFFORDSHIRE, England--(BUSINESS WIRE)--Instem announces the acquisition of Xybion Digital
Summize Marks Five Consecutive Years of 100% ARR Growth as Its Global CLM Adoption Accelerates
BOSTON & MANCHESTER, England--(BUSINESS WIRE)--Growth and momentum continue for Summize and its intuitive AI-powered CLM solution as the company announced its fifth consecutive year of 100% ARR growth. Summize grew its U.S. ARR by 215% and increased its global employee headcount by 49% in its latest fiscal year (ending June 2025). In the last 12 months, the company has achieved key milestones in customer success, product development, team expansion, and widespread industry recognition for its i
Andersen Consulting Enhances Organizational Development Capabilities with Omni HR Consulting
SAN FRANCISCO--(BUSINESS WIRE)-- #AndersenConsulting--Andersen Consulting adds to its human capital capabilities through a Collaboration Agreement with Omni HR Consulting.
Eaton Vance Closed-End Funds Release Estimated Sources of Distributions
BOSTON--(BUSINESS WIRE)--The Eaton Vance closed-end funds listed below released today the estimated sources of their July distributions (each a “Fund”). This press release is issued as required by the Funds’ managed distribution plan (Plan) and an exemptive order received from the U.S. Securities and Exchange Commission. The Board of Trustees has approved the implementation of the Plan to make monthly, as noted below, cash distributions to common shareholders, stated in terms of a fixed amount
AtlasClear Holdings, Inc. Provides Update on Financing
TAMPA, Fla.--(BUSINESS WIRE)--AtlasClear Holdings, Inc. (“AtlasClear Holdings” or the “Company”) (NYSE American: ATCH) has provided an update for their proposed financing and partnership with Hanire LLC. “At the request of shareholders, we want to update the market on the previously announced Hanire investment agreements and the improvements to the transaction for our shareholders, which we anticipate funding shortly,” said Craig Ridenhour, President, AtlasClear Holdings. The agreed upon amende
First Trust Launches First Trust Bloomberg Nuclear Power ETF
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“First Trust”), a leading exchange-traded fund (“ETF”) provider and asset manager, announced today that it has launched a new ETF, the First Trust Bloomberg Nuclear Power ETF (NYSE Arca: RCTR) (the “fund”). The fund seeks investment results that correspond generally to the price and yield (before the fund’s fees and expenses) of the Bloomberg Nuclear Power Index (the “index”). The index is designed to track the performance of companies
