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Best's Review Examines How Insurance Industry Is Embracing AI Innovation

Fri, 05/16/2025 - 08:33
OLDWICK, N.J.--(BUSINESS WIRE)--In its May issue, Best’s Review reports on how insurers have put aside their initial reluctance and welcomed artificial intelligence to help customers and better understand risk. The article “Insurance Industry Embraces AI Innovation as Technology Advances ‘Exponentially” features insurance executives who discuss the real-world AI applications within the industry, from weather tools that aid in fortifying homes to an ecosystem of virtual agents. Read the article

Global Payments Launches New Genius™ POS Platform

Fri, 05/16/2025 - 08:33
ATLANTA--(BUSINESS WIRE)-- #globalpayments--Global Payments Inc. (NYSE: GPN) announced today the release of Genius, a powerful new POS command center for business operations.

Shareholder Alert: The Ademi Firm investigates whether Inozyme Pharma, Inc. is obtaining a Fair Price for its Public Shareholders

Fri, 05/16/2025 - 08:33
MILWAUKEE--(BUSINESS WIRE)--The Ademi Firm is investigating Inozyme (Nasdaq: INZY) for possible breaches of fiduciary duty and other violations of law in its transaction with BioMarin. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, shareholders of Inozyme will receive $4.00 per share in an all-cash transaction for a total consideration

Wells Fargo & Company Declares Cash Dividends on Preferred Stock

Fri, 05/16/2025 - 08:33
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced dividends on six series of preferred stock. A quarterly cash dividend of $18.75 per share was declared on its 7.50% noncumulative perpetual convertible class A preferred stock, Series L, liquidation preference $1,000 per share, which is traded on the New York Stock Exchange under the symbol “WFCPrL”. The Series L dividend is payable on June 16, 2025, to holders of record as of the close of business on May 30,

Perfect Corp. Launches YouCam AI Chat: Your All-in-One AI Assistant in the Palm of Your Hand

Fri, 05/16/2025 - 08:33
NEW YORK--(BUSINESS WIRE)--Perfect Corp. (NYSE: PERF), the global leader in AI and AR beauty and fashion technology and creator of the billion-download YouCam app suite, introduces YouCam AI Chat, a new AI-powered assistant built to help users create, plan, learn, and stay inspired through smart, intuitive conversations. Powered by leading multi-model AI technology including GPT-4.1, GPT-4o, GPT-4o mini, and DeepSeek R1, YouCam AI Chat delivers a personalized and responsive experience across a

Redfin Reports Real Estate Agent Commissions Haven’t Changed Much Since the NAR Settlement Took Effect

Fri, 05/16/2025 - 08:33
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The average buyer’s agent commission was 2.40% for homes sold in the first quarter, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. That’s up slightly from 2.37% in the fourth quarter of 2024 and 2.36% in the third quarter of 2024—when the new National Association of Realtors (NAR) commissions rules went into effect—but down slightly from 2.43% in the first quarter of 2024, when the new rules were a

CIBC Innovation Banking Serves as Lead Arranger of a Syndicated Debt Facility for Rentsync

Fri, 05/16/2025 - 08:33
TORONTO--(BUSINESS WIRE)--CIBC Innovation Banking announced today that it recently acted as the lead arranger and administrative agent of credit facilities for Rentsync. The funding provided financing for future capital to support the company’s growth. Rentsync is a leading software and data company based in Toronto, specializing in serving the Canadian rental housing industry. “We are thrilled to support Silversmith Capital Partners and the Rentsync team as they continue their leadership and g

UM Named Media Agency of Record for 7-Eleven, Inc.

Fri, 05/16/2025 - 08:33
NEW YORK--(BUSINESS WIRE)--UM, a global media agency within IPG Mediabrands, today announced it has been named media Agency of Record (AOR) for 7-Eleven, Inc., the world's largest convenience retailer. In this capacity, UM will drive the full funnel, cross-channel media strategy and handle digital media activation for 7-Eleven® and Speedway® stores, as well as the 7NOW® Delivery app. UM introduced 7-Eleven to its newly launched Full Color Media (FCM) approach—an inventive and immersive way to b

Ferguson Files Form SD

Fri, 05/16/2025 - 08:33
NEWPORT NEWS, Va.--(BUSINESS WIRE)--On May 15, 2025, Ferguson Enterprises Inc. (the "Company") filed a Form SD with the U.S. Securities and Exchange Commission ("SEC"). It is available on the SEC's website at sec.gov and on the SEC Filings page of the Company's website at corporate.ferguson.com/investor/financial-information/sec-filings. May 15, 2025 – Form SD About Ferguson Ferguson (NYSE: FERG; LSE: FERG) is the largest value-added distributor serving the specialized professional in our $340B

IFF Announces Early Tender Results and Increase of Tender Offers for Certain Outstanding Series of Notes

Fri, 05/16/2025 - 08:33
NEW YORK--(BUSINESS WIRE)--IFF (NYSE: IFF) announced today the early tender results for its tender offers to purchase for cash certain of its outstanding series of Notes. IFF also announced it has increased the previously announced Pool 1 Maximum Amount (as defined below) from $1,000,000,000 to $1,100,000,000 (the “Amended Pool 1 Maximum Amount”), the Pool 2 Maximum Amount (as defined below) from $800,000,000 to $900,000,000 (the “Amended Pool 2 Maximum Amount”, and together with the Amended Po

Solaris Energy Infrastructure Announces Quarterly Cash Dividend

Fri, 05/16/2025 - 08:33
HOUSTON--(BUSINESS WIRE)--Solaris announces second quarter 2025 dividend of $0.12 per share to be paid on June 13, 2025 to holders of record as of June 3, 2025.

Grant Thornton Advisors LLC’s multinational platform grows to include Grant Thornton Netherlands

Fri, 05/16/2025 - 08:33
CHICAGO & AMSTERDAM--(BUSINESS WIRE)--Grant Thornton Advisors LLC (Grant Thornton Advisors) today announced that Grant Thornton Netherlands is joining the multinational platform it established earlier this year with Grant Thornton Ireland. The platform is backed by an investor group led by New Mountain Capital, a growth-oriented investment firm with approximately $55 billion in assets under management. Last month, three Grant Thornton firms in Europe, the Middle East and the Americas closed or

IOVA CLASS ACTION NOTICE: The Law Offices of Frank R. Cruz Files Securities Fraud Lawsuit Against Iovance Biotherapeutics, Inc.

Fri, 05/16/2025 - 02:33
LOS ANGELES--(BUSINESS WIRE)--IOVA CLASS ACTION NOTICE: The Law Offices of Frank R. Cruz Files Securities Fraud Lawsuit Against Iovance Biotherapeutics, Inc.

Montagu-Backed Wireless Logic Welcomes General Atlantic as Minority Shareholder

Fri, 05/16/2025 - 02:33
LONDON--(BUSINESS WIRE)--Wireless Logic (or “the Company”), a leading independent global Internet of Things (“IoT”) solutions provider, welcomes General Atlantic, a leading global investor, as a new minority shareholder, through investment from the firm’s BeyondNetZero climate growth equity fund. The Company’s existing shareholder, Montagu, a leading mid-market private equity firm, will remain the majority shareholder, reinvesting alongside General Atlantic. The transaction, which values Wirele

IOVA CLASS ACTION NOTICE: Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit On Behalf Of Iovance Biotherapeutics, Inc. Investors

Fri, 05/16/2025 - 02:33
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), announces that it has filed a class action lawsuit in the United States District Court for the Northern District of California, captioned Farberov v. Iovance Biotherapeutics, Inc., et al., Case No. 25-cv-4199, on behalf of persons and entities that purchased or otherwise acquired Iovance Biotherapeutics, Inc. (“Iovance” or the “Company”) (NASDAQ: IOVA) securities between May 9, 2024 and May 8, 2025, inclusive (the “Class Per

Lithium Royalty Corp. Announces Final Results of Substantial Issuer Bid

Fri, 05/16/2025 - 02:33
TORONTO--(BUSINESS WIRE)---- $LIRC #LIRC--Lithium Royalty Corp (TSX: LIRC) (“LRC” or the “Company) announces the final results of its substantial issuer bid (the “Offer”), pursuant to which the Company offered to purchase up to C$7 million in value of its outstanding common shares (the “Shares”) from holders of Shares (the “Shareholders”) for cash, at a single price per Share of not less than C$5.20 per Share and not more than C$5.70 per Share, through a “modified Dutch auction” process. In accordance with the

Coinbase Global, Inc. (COIN) Investors Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation

Thu, 05/15/2025 - 20:33
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Coinbase Global, Inc. (“Coinbase” or the “Company”) (NASDAQ: COIN) investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN COINBASE GLOBAL, INC. (COIN), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. Contact the Law Offices of Howard G. Smith to discuss your legal rights

SNTI Investors Have Opportunity to Join Senti Biosciences, Inc. Fraud Investigation with the Schall Law Firm

Thu, 05/15/2025 - 20:33
LOS ANGELES--(BUSINESS WIRE)--SNTI Investors Have Opportunity to Join Senti Biosciences, Inc. Fraud Investigation with the Schall Law Firm

Cathay General Bancorp Declares $0.34 Per Share Dividend

Thu, 05/15/2025 - 20:33
LOS ANGELES--(BUSINESS WIRE)--Cathay General Bancorp (Nasdaq: CATY) announced that its Board of Directors declared a cash dividend of thirty-four cents per common share, payable on June 9, 2025, to stockholders of record at the close of business on May 29, 2025. ABOUT CATHAY GENERAL BANCORP Cathay General Bancorp (Nasdaq: CATY) is the holding company for Cathay Bank, a California state-chartered bank. Cathay General Bancorp’s website is at www.cathaygeneralbancorp.com. Founded in 1962, Cathay B

KBRA Assigns Preliminary Ratings to Pagaya Point of Sale Holdings Grantor Trust 2025-1 and Pagaya Point of Sale Holdings Trust 2025-1

Thu, 05/15/2025 - 20:33
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to nine classes of notes issued by Pagaya Point of Sale Holdings Grantor Trust 2025-1 and Pagaya Point of Sale Holdings Trust 2025-1 (collectively “POSH 2025-1”), an point-of-sale unsecured consumer loan ABS transaction. POSH 2025-1 has initial hard credit enhancement levels of 28.42% for the Class A Notes to 1.77% for the Class F Notes. Credit enhancement is comprised of overcollateralization, subordination (except for the Class F Not

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