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AM Best Upgrades Credit Ratings of Enact Holdings, Inc. and Certain Operating Subsidiaries

Lastest from Businesswire - 2 hours 50 min ago
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent) of the following operating subsidiaries of Enact Holdings, Inc. (EHI) (Delaware) [Nasdaq: ACT]: Enact Mortgage Insurance Corporation (EMIC) and Enact Mortgage Insurance Corporation of North Carolina (EMIC-NC) (collectively referred to as the Enact US-domiciled companies). Both operat

APP DEADLINE ALERT: Faruqi & Faruqi, LLP Reminds AppLovin (NASDAQ: APP) Investors of Securities Class Action Lawsuit Deadline on November 16, 2026

Lastest from Businesswire - 2 hours 50 min ago
NEW YORK--(BUSINESS WIRE)---- $APP #APP--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against AppLovin Corporation ("AppLovin" or the "Company") (NASDAQ: APP) and reminds investors of the November 16, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The

Nodal Exchange Named Americas Energy Derivatives Exchange of the Year by Global Capital

Lastest from Businesswire - 2 hours 50 min ago
WASHINGTON--(BUSINESS WIRE)--Nodal Exchange has been named 2026 Americas Energy Derivatives Exchange of the Year by Global Capital.

DWS' RREEF Property Trust Announces Plan of Liquidation

Lastest from Businesswire - 2 hours 50 min ago
NEW YORK--(BUSINESS WIRE)--RREEF Property Trust, Inc. (the "Company," NASDAQ: ZRPTAX; ZRPTIX; ZRPTTX; ZRPTMX; ZRPTUX; ZRPTNX), a publicly registered, non-listed, daily net asset value1 real estate investment trust advised by an affiliate of DWS, announced today that the Company's Board of Directors (the "Board") has approved a plan of complete liquidation and dissolution (the "Plan"), which provides for the voluntary sale of all of the Company's assets and subsequent dissolution of the Company.

KBRA Releases Research – Private Credit: Across the Atlantic—Comparing U.S. and EU/UK Direct Lending

Lastest from Businesswire - 2 hours 50 min ago
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases research examining the expansion of direct lending in the European Union (EU) and United Kingdom (UK) middle market (MM) and how the market compares to its more established U.S. counterpart. KBRA’s assessment portfolio of EU- and UK-based MM companies has grown more than fivefold since 2022. The cohort reached 465 unique obligors across more than 50 managers and 60 KBRA-rated transactions during the last 12 months ended June 30, 2026, providing sufficien

“The Wombles” and Chronicle Media Team up to Take Classic Franchise’s Message of Sustainability, Purpose and Community Worldwide Through YouTube Channel Management Partnership

Lastest from Businesswire - 2 hours 50 min ago
LONDON & SAN FRANCISCO--(BUSINESS WIRE)-- #ChronicleMedia--The purpose-driven, classic British brand “The Wombles” and Chronicle Media are partnering to take the family-friendly franchise dedicated to sustainability, reuse, community and environmental action worldwide through a YouTube channel management partnership.Created by Elisabeth Beresford in 1968 as an eco-conscious series of children's books featuring furry creatures living beneath London's Wimbledon Common who collect and reuse discarded rubbish, “The W

Faraday Future Enters into Amendments with Existing Investor to Reduce $5 Million Outstanding Convertible Notes Obligations

Lastest from Businesswire - 2 hours 50 min ago
LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global Embodied AI (EAI) ecosystem company, today announced that it has entered into amendments to the convertible note issued by the Company to an existing investor (“Investor”) and the Deposit Account Control Agreement with the Investor and East West Bank under the May 2026 Financing (the “Amendments”). Under the Amendments, FF will return the $5.0

CVC Marathon Promotes Karen Lau to Partner

Lastest from Businesswire - 2 hours 50 min ago
NEW YORK--(BUSINESS WIRE)--CVC Marathon, a leading global Private and Public Credit manager and part of the CVC Group, today announced the promotion of Karen Lau to Partner. Ms. Lau is the Portfolio Manager of CVC Marathon’s CLO & Leveraged Loans investment program. “Karen’s promotion to Partner reflects her strong investment track record, deep expertise across the leveraged credit markets, and leadership within our CLO & Leveraged Loans team,” said Bruce Richards, Managing Partner and

Prudential Financial Announces Sale of Its Stake in Alexforbes

Lastest from Businesswire - 2 hours 50 min ago
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) announced today that its indirect subsidiary, New Veld, LLC, has entered into agreements to sell all of Prudential’s shares in Alexander Forbes Group Holdings Limited (Alexforbes), a company listed on the Johannesburg Stock Exchange in South Africa. Under two separate transactions, Alexforbes will repurchase approximately 372.8 million shares held by New Veld, and ARC AF Holdings (RF) Proprietary Limited will acquire New Veld

Mozilla Data Collective Raises $5M to Scale a More Equitable Data Ecosystem for AI

Lastest from Businesswire - 2 hours 50 min ago
LONDON--(BUSINESS WIRE)--Mozilla Data Collective, the data-sharing platform redefining how AI data is created, shared and governed, has raised $5 million from Mozilla.

Equal Parts Acquires ProSource Insurance Agency, Expanding Transportation Insurance Platform

Lastest from Businesswire - 2 hours 50 min ago
AUSTIN, Texas--(BUSINESS WIRE)--Equal Parts, the insurance platform redefining how independent agencies grow and scale, today announced the acquisition of ProSource Insurance Agency, a Plano, Texas-based brokerage specializing in transportation insurance. Completed during the first quarter of 2026, the acquisition strengthens Equal Parts’ transportation insurance capabilities and expands its presence in one of the nation’s largest freight markets. Founded in 2003 by President Paul Nhem, ProSour

Apple Hospitality REIT Announces Monthly Distribution

Lastest from Businesswire - 2 hours 50 min ago
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT Announces Monthly Distribution

Minnesota Lynx Name GEICO Official Jersey Patch Partner

Lastest from Businesswire - 2 hours 50 min ago
MINNEAPOLIS--(BUSINESS WIRE)--GEICO becomes the Official Jersey Patch Partner and the Official Home & Auto Insurance Partner of the WNBA’s Minnesota Lynx.

PitchBook Named to 2026 Top 100 Inspiring Place to Work Lists for Global and North America, Marking Consecutive-Year Recognition

Lastest from Businesswire - 2 hours 50 min ago
SEATTLE--(BUSINESS WIRE)--PitchBook, the leading private capital market intelligence platform, today announced it has been named a 2026 Top 100 Global Inspiring Place to Work by Inspiring Workplaces Group (IW) for the second consecutive year. The company was also named a 2026 Top 100 Inspiring Place to Work in North America for the third consecutive year, ranking 41st on the list. The Global Top 100 list recognizes the highest-scoring organizations across all IW regions, including Africa, Asia,

UniCourt Launches Legal Research ChatGPT Plugin

Lastest from Businesswire - 2 hours 50 min ago
TUSTIN, Calif.--(BUSINESS WIRE)--UniCourt, the leading litigation data and analytics platform, today announced a plugin that integrates UniCourt’s comprehensive database of litigation data directly into ChatGPT Enterprise. Now, users can search the most expansive and comprehensive court dataset in the industry, all within the OpenAI workflow. The UniCourt plugin for ChatGPT enables legal professionals to search dockets and documents across more than 5,000 state and federal courts in 46 states,

Empery Digital Files Investor Presentation Outlining Strategy to Capitalize on AI Infrastructure Opportunity and Create Shareholder Value

Lastest from Businesswire - 2 hours 50 min ago
AUSTIN, Texas--(BUSINESS WIRE)-- #empd--Empery Digital Inc. (NASDAQ: EMPD) (the “Company” or “Empery Digital”) has filed an investor presentation with the Securities and Exchange Commission in connection with its 2026 Annual Meeting of Shareholders (the “Annual Meeting”), which is scheduled to be held on October 14, 2026. The full presentation is available here. The Company’s Board of Directors said: “In just over 14 months, our Board and management team have positioned the Company to capitalize on the

Better Home & Finance Calls on Former CEO Vishal Garg to End His Failed Revenge Campaign After He Again Extends Deadline for Consent Solicitation

Lastest from Businesswire - 2 hours 50 min ago
NEW YORK--(BUSINESS WIRE)---- $BETR #BETR--The Special Committee of the Board of Directors (the “Special Committee”) of Better Home & Finance Holding Company (NASDAQ: BETR) (“Better” or the “Company”) today provided an update on the Company’s continued progress following former CEO Vishal Garg’s departure and again called on Mr. Garg to end his costly and distracting consent solicitation. After repeatedly claiming that he had sufficient shareholder support for his campaign to remove a majority of the membe

Nearly 60% of US Adults Can't Cover a $1,000 Emergency Expense, Driving Demand for Greater Control and Flexibility in Bill Payment, Finds ACI Speedpay Pulse Report

Lastest from Businesswire - 2 hours 50 min ago
OMAHA, Neb.--(BUSINESS WIRE)--Nearly half of Gen Z and Millennial consumers and 40% of Gen X do not have enough money in their bank account to cover a $1,000 emergency expense, according to the 2026 ACI Speedpay Pulse Report, published by ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology. With two in three Americans now living paycheck to paycheck, the annual study finds that financial pressure, not just technology, is the primary force reshaping how, when and wh

Angle Health Raises $600 Million at a $2.7 Billion Valuation to Continue Expanding Affordable Healthcare Access for Small Businesses

Lastest from Businesswire - 2 hours 50 min ago
SAN FRANCISCO--(BUSINESS WIRE)--Angle Health, the first AI-native healthcare benefits platform, today announced a $600 million equity financing at a $2.7 billion valuation, consisting of a $200 million Series C financing and a $400 million tender offer. The round, led by Vitruvian Partners with participation from new investor Town Hall Ventures and existing investors Blumberg Capital, Portage Ventures, PruVen Capital, and Y Combinator, is expected to close later this month.The announcement comes

Amulet Capital Promotes Sam Brinkley to Partner

Lastest from Businesswire - 2 hours 50 min ago
GREENWICH, Conn.--(BUSINESS WIRE)--Amulet Capital Partners, LP (“Amulet”), a middle-market private equity investment firm focused exclusively on the healthcare sector, today announced the promotion of Sam Brinkley to Partner. “Since joining Amulet, Sam has been an important member of our investment team and has worked closely with our partner / portfolio companies to drive key growth and operational priorities,” said Ramsey Frank, CEO of Amulet. “His partnership mindset, disciplined execution,

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