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Updated: 2 hours 48 min ago

Drug Farm Completes First Closing of $55 Million Series D Financing to Advance Clinical and Preclinical Development Pipeline

2 hours 48 min ago
SHANGHAI & ALBANY, N.Y.--(BUSINESS WIRE)--Drug Farm today announced the successful first closing of its $55 million Series D financing. The financing round was co-led by Shanghai Pudong Leading Area Investment Center and Shanghai Puxing Collaborative Private Equity Fund Partnership Enterprise, with participation from new investors Tukar Capital, Fuzhou Xinhe Fund, Shenzhen Luohu Donghai Chempartner Investment Fund, and Keyuan Pharma. Existing investors, including BioVeda China Fund (BVCF), YD C

PLAB INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Photronics, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

2 hours 48 min ago
SAN DIEGO--(BUSINESS WIRE)---- $PLAB #PLAB--The case alleges Photronics and its top executives made false and/or misleading statements to investors.

Mill Point Capital Completes the Acquisition of Total Safety Supplies & Solutions

2 hours 48 min ago
FAIRFIELD, Calif.--(BUSINESS WIRE)--Mill Point Capital LLC ("Mill Point") is pleased to announce the acquisition of Total Safety Supplies & Solutions, Inc. ("S&S" or the "Company"), a leading distributor of industrial maintenance, repair, and operations (“MRO”) products including safety, and personal protective equipment ("PPE"). The acquisition of S&S, a division of Total Safety U.S., Inc. (“Total Safety”), represents Mill Point’s 20th corporate carve-out and underscores Mill Point

KBRA Releases Research – Private Credit: NAV Loans Evolve as Product Goes Mainstream

2 hours 48 min ago
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases research examining trends across the net asset value (NAV) landscape. Record KBRA-rated NAV issuance in 2025, followed by continued deal activity in 2026, underscores the evolution of NAV lending from a niche liquidity tool into an established component of fund finance. Broader sponsor and lender adoption has supported standardization, expanded market participation, and encouraged new structures that continue to adapt to shifting general partner needs wh

Maureen Mahr von Staszewski Joins Heitman European Leadership Team

2 hours 48 min ago
LONDON--(BUSINESS WIRE)--Heitman LLC (“Heitman”), a global real estate investment management firm, today announced the appointment of Maureen Mahr von Staszewski as Managing Director in the firm’s European Real Estate Investment team. As part of Heitman’s European leadership team, Maureen will help drive continued expansion across Europe, supporting the firm’s strategic growth initiatives, capital raising efforts, and investment activity across the region. “We are excited Maureen has joined the

Churchill Asset Management and Seviora Close Approximately $400 Million Collateralized Fund Obligation Combining U.S. and Asian Private Capital Strategies

Sun, 07/12/2026 - 21:09
NEW YORK & SINGAPORE--(BUSINESS WIRE)--Churchill Asset Management LLC ("Churchill"), the U.S. asset management company of Nuveen Private Capital, and Seviora Holdings Pte. Ltd. (“Seviora”), Temasek's main asset management platform, today announced the closing of an approximately $400 million Collateralized Fund Obligation (the "CFO"). The CFO invests across Churchill's U.S. junior capital and private equity secondaries strategies and Seviora's Asian private credit and global fund-of-funds strat

KKR Leads A$400 Million Financing Solution for Ampol

Sun, 07/12/2026 - 21:09
SYDNEY--(BUSINESS WIRE)--KKR Leads A$400 Million Financing Solution for Ampol

Concord Technologies Releases New Report on AI-Driven Interoperability and Operational Efficiency

Sun, 07/12/2026 - 12:09
SEATTLE--(BUSINESS WIRE)--Concord Releases Report on AI-Driven Interoperability and Operational Efficiency in American Hospital Association Market Scan Trailblazer report.

Investment Notice: Robbins LLP Informs Investors of the Intuit Inc. Class Action Lawsuit

Fri, 07/10/2026 - 21:08
SAN DIEGO--(BUSINESS WIRE)---- $INTU #Finance--Robbins LLP informs stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Intuit Inc. (NASDAQ: INTU) securities between August 22, 2025 and May 20, 2026. Intuit provides financial management, payments and capital, compliance, and marketing products and services in the U.S.For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.The Allegations: Robbins LLP is Investiga

$9.5 Billion Focus Financial Network Expands to East Coast with Advisor Jennifer McDonald

Fri, 07/10/2026 - 21:08
MINNEAPOLIS--(BUSINESS WIRE)-- #FinancialPlanning--$9.5 Billion Focus Financial Network Expands to East Coast (Winchester, Virginia) with Financial Advisor Jennifer McDonald.

JEFFERIES FINANCIAL GROUP, INC. INVESTOR ALERT: Kirby McInerney LLP Announces Investigation Into Potential Securities Fraud

Fri, 07/10/2026 - 21:08
NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP is investigating potential claims against Jefferies Financial Group, Inc. (“Jefferies” or the “Company”) (NYSE:JEF). The investigation concerns whether the Company and/or members of its senior management may have violated federal securities laws or engaged in other unlawful business practices.[LEARN MORE ABOUT THE INVESTIGATION]What Happened?On June 25, 2026, Jefferies reported quarterly results showing weaker asset-management fees a

KBRA Assigns AAA to Texas Transportation Commission State of Texas General Obligation Mobility Fund and Refunding Bonds, Series 2026-A and State of Texas General Obligation Mobility Fund Put Bonds, Series 2026-B (Multiannual Mode)

Fri, 07/10/2026 - 18:08
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term rating of AAA to the Texas Transportation Commission State of Texas General Obligation Mobility Fund and Refunding Bonds, Series 2026-A and State of Texas General Obligation Mobility Fund Put Bonds, Series 2026-B (Multiannual Mode). KBRA additionally affirms the long-term rating of AAA for the Commission's State of Texas Highway Improvement General Obligation Bonds and State of Texas General Obligation Mobility Fund Bonds as well as the State'

AM Best Revises Outlooks to Negative for New Era Group Members

Fri, 07/10/2026 - 18:08
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of New Era Life Insurance Company, New Era Life Insurance Company of the Midwest and Philadelphia American Life Insurance Company, which are referred to as New Era Group (Houston, TX). The ratings reflect New Era Group’s balance sheet strength, which AM Best assesses as strong, as well as

Investigation Launched into GPGI, Inc. (GPGI), Attorneys Encourage Investors and Potential Witnesses to Contact Robbins Geller Rudman & Dowd LLP

Fri, 07/10/2026 - 18:08
SAN DIEGO--(BUSINESS WIRE)---- $GPGI #GPGI--Robbins Geller is investigating potential violations of federal securities laws by GPGI.

DWS Municipal Income Trust Declares Monthly Distribution

Fri, 07/10/2026 - 18:08
NEW YORK--(BUSINESS WIRE)--DWS Municipal Income Trust (KTF) (the “Fund”) announced today its regular July monthly distribution. Details are as follows: Declaration – 07/10/2026 Ex-Date – 07/22/2026 Record – 07/22/2026 Payable – 07/31/2026 Fund Ticker   Distribution Per Share Prior Distribution Per Share   DWS Municipal Income Trust   KTF   $0.0610 $0.0610 The Fund intends to distribute all or substantially all of its net investment income each year through its regular monthly distributions and

Illinois Appellate Court Affirms $45 Million Mesothelioma Verdict Against Johnson & Johnson and Kenvue

Fri, 07/10/2026 - 18:08
DALLAS--(BUSINESS WIRE)--Dean Omar Branham Shirley, LLP (DOBS), announced today that the Illinois Appellate Court has affirmed a $45 million jury verdict awarded to the family of Theresa Garcia, who developed the deadly disease mesothelioma after decades of using Johnson & Johnson's Baby Powder. This product and other talc-based products have been found to be contaminated with asbestos.The decision represents a significant appellate victory for asbestos victims and rejects Johnson & John

Nuveen Churchill Direct Lending Corp. Announces Closing of Public Offering of Additional $100.0 Million 6.650% Notes Due 2030

Fri, 07/10/2026 - 18:08
NEW YORK--(BUSINESS WIRE)--Nuveen Churchill Direct Lending Corp. (the “Company,” “we,” “us,” or “our”) (NYSE: NCDL) today announced that it has closed an underwritten public offering of an additional $100.0 million in aggregate principal amount of its 6.650% unsecured notes due 2030 (the “Notes”), which resulted in net proceeds to the Company of approximately $99.4 million, after deducting the underwriting discount and the estimated offering expenses payable by the Company. Purchasers will be r

Southside Bancshares, Inc. Announces Second Quarter Earnings Call

Fri, 07/10/2026 - 18:08
TYLER, Texas--(BUSINESS WIRE)--Southside Bancshares, Inc. (“Southside”) (NYSE: SBSI), the holding company for Southside Bank, announced today it will release its second quarter financial results before the market opens on Friday, July 24, 2026. Southside will host a conference call to discuss its results on Friday, July 24, 2026, at 11:00 a.m. CDT.The call will be hosted by Keith Donahoe, President and Chief Executive Officer, Julie Shamburger, Chief Financial Officer, Suni Davis, Chief Treasury

Neptune Insurance Holdings to Announce Second Quarter 2026 Financial Results

Fri, 07/10/2026 - 18:08
ST. PETERSBURG, Fla.--(BUSINESS WIRE)---- $NP--Neptune Insurance Holdings Inc. (“Neptune” or the “Company”) (NYSE: NP), the parent company of Neptune Flood Incorporated, today announced that it will report its financial results for the second quarter ended June 30, 2026, after the market closes on July 21, 2026. The company plans to host a conference call and webcast to discuss its financial results at 8:30 AM ET on Wednesday, July 22. The dial-in number for the conference call is (800) 715-9871 or (64

Webster Financial Corporation Announces Q2 2026 Earnings Release

Fri, 07/10/2026 - 18:08
STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation (NYSE: WBS, “the company”), the holding company for Webster Bank, N.A., today announced it will release its second quarter 2026 earnings after the close of U.S. markets on July 21, 2026. The company will not host an earnings call or provide an accompanying presentation due to its pending merger with Banco Santander, S.A. About Webster Financial Corporation: Webster Financial Corporation (“Webster”) (NYSE:WBS) is the holding company

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