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Eagle Point Credit Company Inc. Announces First Quarter 2025 Financial Results and Declares Third Quarter 2025 Common and Preferred Distributions
GREENWICH, Conn.--(BUSINESS WIRE)---- $ECC--Eagle Point Credit Company Inc. (the “Company”) (NYSE: ECC, ECCC, ECC PRD, ECCF, ECCU, ECCV, ECCW, ECCX) today announced financial results for the quarter ended March 31, 2025 and certain additional activity through April 30, 2025, and declared distributions on shares of the Company’s common and preferred stock. “The Company had a solid start to the year, deploying nearly $200 million into new investments with compelling risk-adjusted returns,” said Thomas P.
Trade Tensions Reshaping U.S. Corporate Strategy, HSBC Survey Finds
NEW YORK--(BUSINESS WIRE)--U.S. companies remain optimistic about future international expansion despite facing cost pressures, disrupted supply chains and ongoing uncertainty more acutely when compared to global peers, according to HSBC’s inaugural Trade Pulse survey. Despite current headwinds, American businesses remain optimistic about long term international growth and most are increasing reliance on the U.S. market in the immediate term. The survey captured responses from over 5,700 intern
Cantor Fitzgerald expands asset management capabilities with acquisition of UBS’s O’Connor alternatives investment platform
NEW YORK--(BUSINESS WIRE)--Cantor Fitzgerald (“Cantor Fitzgerald” and the “Company”), a leading global financial services firm, today announced it has entered into a definitive agreement to acquire UBS’s O’Connor alternatives investment platform, which includes hedge funds, private credit and commodities, with approximately $11 billion in invested assets. This acquisition will significantly bolster Cantor Fitzgerald’s Asset Management (“CFAM”) capabilities and supports the Company’s broader gro
Fraudsters Have the Edge, but Financial Institutions Are Fighting Back: New DataVisor Report Unveils 2025’s Top Threats and Strategic Priorities
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--DataVisor, the world’s leading AI-powered fraud and risk platform, released its 2025 Executive Report, highlighting the escalating challenges organizations face in combating sophisticated fraud schemes. The report underscores a significant shift in the fraud landscape, with 75% of surveyed institutions acknowledging that bad actors are leveraging generative AI more effectively than legitimate organizations. From deepfakes to synthetic identities, criminal
David Droga to Step Down as Accenture Song CEO, Appointed Accenture Vice Chair
NEW YORK--(BUSINESS WIRE)--Accenture today announced that chief executive officer of Accenture Song, David Droga, has chosen to step down from day-to-day leadership.
Acrisure Acquires Payroll Business from Global Payments for $1.1 Billion to Expand its Fintech Product Offering
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Acrisure today announced the signing of a definitive agreement to acquire Global Payments’ (NYSE: GPN) payroll business, Heartland Payroll Solutions (“Heartland Payroll”), one of the leading payroll and Human Capital Management (HCM) companies in the United States for $1.1 billion. Upon completion of the transaction, Heartland Payroll – which will be rebranded after closing – will significantly expand Acrisure’s current payroll and HCM capabilities and adva
Endace Secures FIPS 140-3 Validation for EndaceProbe Packet Capture and Network Recording Appliances
AUSTIN, Texas & AUCKLAND, New Zealand--(BUSINESS WIRE)--Packet capture authority, Endace, today announced that EndaceProbe has achieved FIPS (Federal Information Processing Standard) 140-3 validation from the U.S. National Institute of Standards and Technology (NIST). The rigorous evaluation process formally validates that EndaceProbe hardware and software conforms to the latest cryptographic security framework, giving customers in government, defense, and regulated industries such as critical
The Latino Donor Collaborative Releases Preliminary Numbers from Part One of the 2025 Official LDC U.S. Latino GDP Report™: U.S. Latino Economy Hits $4 Trillion, Surpassing UK and India
LOS ANGELES--(BUSINESS WIRE)-- #LatinoDonorCollaborative--The Latino Donor Collaborative Releases Preliminary Numbers from Part One of the 2025 Official LDC U.S. Latino GDP Report™