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Andros Capital Partners Closes Third Energy Fund at $1 Billion

Lastest from Businesswire - Mon, 04/07/2025 - 11:12
HOUSTON--(BUSINESS WIRE)--Andros Capital Partners LLC (“Andros”) today announced the closing of Andros Energy Capital III LP (“Fund III”) at its $1 billion hard cap. Fund III is the latest Andros flagship fund focused on private equity investments, credit opportunities and direct asset-level investments across the energy value chain. “Andros remains committed to the responsible acquisition and development of high-quality oil and natural gas assets at scale, underpinned by the fundamental macro

Pershing Square Extends Standstill with Howard Hughes Holdings

Lastest from Businesswire - Mon, 04/07/2025 - 11:12
NEW YORK--(BUSINESS WIRE)--Pershing Square Holdco, L.P. (“Pershing Square”), the parent holding company of Pershing Square Capital Management, L.P. (“PSCM”), today announced that PSCM has further extended the term of its standstill agreement with Howard Hughes Holdings Inc. (NYSE: HHH) (“HHH”) to facilitate ongoing discussions regarding the proposal previously announced by Pershing Square on February 18, 2025 and potential alternatives. On April 5, 2025, the term of the standstill agreement was

HII STOCKHOLDER ALERT: Kaskela Law LLC Announces Investigation of Huntington Ingalls Industries, Inc. (NYSE: HII) and Encourages Long-Term Investors to Contact the Firm

Lastest from Businesswire - Mon, 04/07/2025 - 11:12
PHILADELPHIA--(BUSINESS WIRE)--Kaskela Law LLC announces that it is investigating Huntington Ingalls Industries, Inc. (NYSE: HII) (“Huntington”) on behalf of the company’s long-term investors. Click here for additional information: https://kaskelalaw.com/case/huntington-ingalls/ Since September 2024, shares of Huntington’s common stock have declined in value from a trading price of over $277.00 per share to a current trading price of below $190.00 per share, a decline of over 31% in value. The

A-MARK BUYOUT ALERT: Kaskela Law LLC Announces Investigation into Proposed A-Mark Precious Metals, Inc. (NASDAQ: AMRK) Merger and Encourages AMRK Shareholders to Contact the Firm

Lastest from Businesswire - Mon, 04/07/2025 - 11:12
PHILADELPHIA--(BUSINESS WIRE)--Kaskela Law LLC announces that it is investigating the recently announced proposed merger between A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (“A-Mark”) and Spectrum Group International, Inc. (“Spectrum”) to determine whether the proposed merger as currently structured is fair to A-Mark investors. Click here for additional information: https://kaskelalaw.com/case/a-mark/ On February 3, 2025, A-Mark announced that it had agreed to acquire 100% of the stock of Spect

BRIDGE BUYOUT ALERT: Kaskela Law LLC Announces Investigation into Buyout of Bridge Investment Group Holdings Inc. (NYSE: BRDG) Shareholders. Does $11.50 Per Share Represent Sufficient Consideration for BRDG Investors?

Lastest from Businesswire - Mon, 04/07/2025 - 11:12
PHILADELPHIA--(BUSINESS WIRE)--Kaskela Law LLC announces that it is investigating the recently announced buyout of Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge”) shareholders to determine the fairness of the offer to Bridge investors. Click here for additional information: https://kaskelalaw.com/case/bridge-investment-group/ On February 24, 2025, Bridge announced that it had agreed to be acquired by investment firm Apollo in a stock-for-stock transaction. According to the announc

Yieldstreet to Launch Automated Private Markets Investing Solution

Lastest from Businesswire - Mon, 04/07/2025 - 11:12
NEW YORK--(BUSINESS WIRE)--Yieldstreet, a leading private markets investment platform, today announced the upcoming launch of Yieldstreet 360 Managed Portfolios — what it believes to be the first-ever automated private markets investing solution. This innovative investing solution is designed to remove traditional barriers to private markets, offering diversified exposure to private equity, private credit, and real estate — all tailored to individual investors' goals. The launch arrives at a ti

Cengage Unveils AI-Powered Insights Dashboard to Help Faculty Personalize Learning and Scale Instruction

Lastest from Businesswire - Mon, 04/07/2025 - 11:12
BOSTON--(BUSINESS WIRE)-- #AI--Cengage dashboard provides actionable insights and AI-driven recommendations for instructors.

Lazard Asset Management Launches its First Three Active ETFS in the U.S.

Lastest from Businesswire - Mon, 04/07/2025 - 11:12
NEW YORK--(BUSINESS WIRE)--Today, Lazard announced the launch of its first three actively managed ETFs in the United States, offering more investors access to compelling, differentiated strategies from Lazard’s specialized investment teams. Each ETF investment strategy is backed by decades of experience, deep independent research and on-the-ground expertise, offering unique opportunities for growth and diversification. “Today marks a historic milestone for Lazard,” said Evan Russo, CEO of Lazar

Kent Lake Comments on Quanterix’s Value Destructive Bridge Financing for Financially Troubled Akoya

Lastest from Businesswire - Mon, 04/07/2025 - 11:12
RINCON, Puerto Rico--(BUSINESS WIRE)--Kent Lake PR LLC (“Kent Lake”) is a holder of approximately 7.5% of the outstanding common stock of Quanterix Corporation (“Quanterix” or the “Company”) (NASDAQ: QTRX). Today, Kent Lake issued a statement related to recent disclosures indicating that Quanterix has officially entered into a Securities Purchase Agreement under which Akoya Biosciences (“Akoya”) (NASDAQ: AKYA) has the ability to sell the Company up to $30 million in convertible notes. Kent Lake

Wipro Limited to Announce Results for the Fourth Quarter Ended March 31, 2025, on April 16, 2025

Lastest from Businesswire - Mon, 04/07/2025 - 08:12
EAST BRUNSWICK, N.J. & BANGALORE, India--(BUSINESS WIRE)---- $WIPRO #Investors--Wipro will announce results for the fourth quarter ended March 31, 2025, on Wednesday, April 16, 2025, after stock market trading hours in India.

Fifth Third Appoints Darren King as Head of Regional Banking

Lastest from Businesswire - Mon, 04/07/2025 - 08:12
CINCINNATI--(BUSINESS WIRE)--Today, Fifth Third (NASDAQ: FITB) announces the appointment of Darren King as executive vice president, head of regional banking, effective immediately. King will report directly to CEO Tim Spence and will join Fifth Third’s Enterprise management team, the Bank’s senior-most governing body. Prior to joining Fifth Third, King spent 24 years at M&T in several leadership roles. Fifth Third’s regional banking model provides a strategic advantage by aligning regional

Alight Marks Onboarding of 200th Pension Risk Transfer Transaction

Lastest from Businesswire - Mon, 04/07/2025 - 08:12
CHICAGO--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT or “Alight”), a leading cloud-based human capital and technology-enabled services provider, announced the successful onboarding of its 200th transaction for Pension Risk Transfer (“PRT”), marking a significant milestone in the company’s commitment to delivering comprehensive pension administration solutions for the largest organizations. Alight’s PRT solution integrates top-tier, data-driven digital tools, and back-office administration to deli

Blackhawk Network (BHN) Launches New Exclusive Branded Payment Services to Help Brands Build and Fully Capitalize on Their Gift Card Programs

Lastest from Businesswire - Mon, 04/07/2025 - 08:12
PLEASANTON, Calif.--(BUSINESS WIRE)--Blackhawk Network (BHN), a global leader in branded payment solutions, has launched new Branded Payment Services designed to help brands more efficiently manage and scale their physical and digital gift card programs. Powered by BHN’s expertise and global connections, these configurable bundles integrate key strategic services into cohesive solutions tailored to individual business needs. These offerings encompass end-to-end services available through a sing

Schultz Family Foundation Invests More Than $3 Million in AI-Driven Career Navigation Tools

Lastest from Businesswire - Mon, 04/07/2025 - 08:12
SEATTLE--(BUSINESS WIRE)--The Schultz Family Foundation announced it is investing in a groundbreaking project to train artificial intelligence platforms to provide users with better career discovery and navigation information, tapping into the growing popularity of large language models to close the opportunity gap for young people with limited education and experience. The Foundation is supporting Renaissance Philanthropy with anchor funding to design CareerNet, which will use the development

Altus Capital Partners Together With Centerfield Capital and ALM Management Acquire ALM Positioners, Inc.

Lastest from Businesswire - Mon, 04/07/2025 - 08:12
WILTON, Conn.--(BUSINESS WIRE)-- #constructionequipment--Altus Capital Partners, Centerfield Capital Partners, and the Company’s senior leadership team announced today the acquisition of ALM Positioners, Inc. (“ALM” or the “Company”), a provider of automated positioning equipment used by leading manufacturers to hold, rotate, and precisely position workpieces during welding, assembly or other fabrication processes. The Company provides custom-built solutions and has a broad portfolio of branded standard products for th

Apex Fintech Solutions Partners with Google Cloud to Bring Capital Markets Technology into the Modern Era

Lastest from Businesswire - Mon, 04/07/2025 - 08:12
NEW YORK--(BUSINESS WIRE)--Apex Fintech Solutions Inc. (“Apex”), an innovation launchpad for the global investment ecosystem, announced a multi-year strategic partnership with Google Cloud to accelerate the launch of the Apex Ascend investment platform and bring trading, clearing, and custody into the modern era. Through the partnership, Apex will leverage Google Cloud’s suite of cloud computing services that deliver an integrated AI stack, robust infrastructure, and comprehensive tools for dat

Franklin Templeton Announces Distribution Rates for Putnam Closed-End Funds

Lastest from Businesswire - Mon, 04/07/2025 - 08:12
BOSTON--(BUSINESS WIRE)--The Trustees of The Putnam Funds have declared the following distributions. FUND NAME AND DISTRIBUTIONS* EX DATE RECORD DATE PAYMENT DATE           Putnam Master Intermediate Income Trust (NYSE:PIM) (CUSIP: 746909-10-0) $0.0220 per share   4/7/25 4/17/25 4/30/25           Putnam Managed Municipal Income Trust (NYSE:PMM) (CUSIP: 746823-10-3) $0.0238 per share   4/7/25 4/17/25 4/30/25           Putnam Municipal Opportunities Trust (NYSE:PMO) (CUSIP: 746922-10-3) $0.0350 p

Navy Federal Unveils New Enhancements, Shifting the Future of Banking Today

Lastest from Businesswire - Mon, 04/07/2025 - 08:12
VIENNA, Va.--(BUSINESS WIRE)--Navy Federal Credit Union, a trusted financial partner for military members and their families, reveals checking account enhancements to make managing finances simpler and more convenient. The suite of checking accounts comes with features to equip members with a personalized banking experience to support their financial journey and spending. Key elements include: the opportunity to build or improve your credit history with Bloom+, from Bloom Credit, a modern cash

ADL and JLens Urge Shareholders to Reject Anti-Israel Shareholder Proposals at General Dynamics and Lockheed Martin

Lastest from Businesswire - Mon, 04/07/2025 - 08:12
NEW YORK--(BUSINESS WIRE)--JLens, a Registered Investment Advisor (RIA) and Fund Sponsor of the JLens 500 Jewish Advocacy U.S. ETF (NYSE: TOV), today calls upon shareholders of two prominent global defense companies to vote AGAINST shareholder proposals that JLens believes were designed to pressure the companies into severing ties with Israel. The companies, General Dynamics (NYSE: GD) and Lockheed Martin Corporation (NYSE: LMT), are portfolio holdings of TOV, a faith-based ETF that was launche

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