Lastest from Businesswire

NEW YORK--(BUSINESS WIRE)--Braze (NASDAQ: BRZE), the leading customer engagement platform that empowers brands to Be Absolutely Engaging™, today announced it will release its financial results for the first quarter of fiscal year 2026, ended April 30, 2025, after U.S. financial markets close on Thursday, June 5, 2025. Braze will host a webcast conference call to discuss its financial results at 4:30 pm ET (1:30 pm PT) on the same day. The webcast will be available under the events section of ou

AUSTIN, Texas--(BUSINESS WIRE)--Scott Felder Homes, a prominent homebuilder with operations in Austin, TX, San Antonio, TX, and Denver, CO, sponsored by investment firm Platform Ventures, today announced the acquisition of Olivia Clarke Homes, an award-winning homebuilder based in Texas’ Dallas-Fort Worth Metroplex. The acquisition marks a strategic move by Scott Felder Homes to expand its geographic reach and accelerate its growth in North Texas. With Olivia Clarke Homes’ strong presence in th

CHARLOTTE, N.C.--(BUSINESS WIRE)--The Board of Trustees of Barings Corporate Investors (NYSE: MCI) (the "Trust") met on May 15, 2025, and would like to report its preliminary financial results for the first quarter of 2025. Financial Highlights(1) Three Months Ended March 31, 2025 Three Months Ended December 31, 2024   Total Amount Per Share(5) Total Amount Per Share(4) Net investment income(2) $ 7,057,100 $ 0.35 $ 10,560,460 $ 0.52 Net realized gains / (losses)(3) $ (4,509,539) $ (0.22) $ 2,48

CHARLOTTE, N.C.--(BUSINESS WIRE)--The Board of Trustees of Barings Participation Investors (NYSE: MPV) (the "Trust") met on May 15, 2025, and would like to report its preliminary financial results for the first quarter of 2025. Financial Highlights(1) Three Months Ended March 31, 2025 Three Months Ended December 31, 2024   Total Amount Per Share(5) Total Amount Per Share(4) Net investment income(2) $ 3,351,767 $ 0.31 $ 5,077,390 $ 0.48 Net realized (losses) / gains(3) $(2,063,056) $(0.19) $ 327

BEAVERTON, Ore.--(BUSINESS WIRE)--DAT Freight & Analytics has acquired Outgo Inc., adding fast, transparent payments to the industry’s largest freight marketplace. Outgo is a financial technology company and factoring service that automates invoice payments and other back-office functions for trucking companies. The acquisition reinforces DAT’s commitment to helping freight carriers find the best loads, book them quickly, and get paid almost instantly—all in one place. “Cash flow is the lif

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Tokio Marine Canada Ltd. (TMC) (Toronto, ON). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect TMC’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM). The very strong balanc

MINNEAPOLIS--(BUSINESS WIRE)--Partner Peter Nelson was elected to serve as the Managing Partner of Dorsey & Whitney LLP by its Policy Committee, the international law firm announced today. Peter will begin his three-year term as Managing Partner of Dorsey on July 1, 2025. He will succeed current Dorsey Managing Partner Bill Stoeri. Peter is a banking industry lawyer at Dorsey, which has more than 600 lawyers in 21 offices in the United States, Canada, Europe, and Asia. “Peter is a great com

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 72 classes of mortgage-backed securities from Oceanview Mortgage Trust 2025-INV2 (BVINV 2025-2). The transaction is backed entirely by prime, investment-purpose mortgage loans. Approximately 99.7% of the loans in this pool are agency eligible. The BVINV 2025-2 pool consists of 984 first-lien, fixed rate mortgages with an aggregate principal balance of approximately $310.1 million as of the May 1, 2025 cut-off date. The pool is chara

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Lumen Re Ltd. (Lumen Re) (Bermuda). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Lumen Re’s balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM). Lumen Re’s risk-adjusted capita

NEW YORK--(BUSINESS WIRE)--Lynq, the real-time, yield-bearing settlement network for digital assets, today announced the appointment of Jerald David as its Chief Executive Officer. A seasoned leader in digital assets innovation and financial infrastructure, Jerald David previously served as President of Arca Labs since 2019. Announced in April 2025, Lynq was developed through a collaboration between Arca Labs, Tassat Group, and tZERO Group. “Lynq is on a mission to provide a settlement solution

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CALX #calix--Calix, Inc. (NYSE: CALX) today announced that NextLight—a municipally-owned broadband service provider (BSP)—is leveraging Calix SmartBiz™ and the Calix Broadband Platform as their comprehensive small business service solution for Longmont, Colorado. NextLight, renowned for exceptional residential experiences—especially among gamers—is now helping support local economic growth with SmartBiz, a purpose-built managed service to enhance productivity, efficiency,

NEW YORK--(BUSINESS WIRE)--Riskified joins AWS Accelerate partner program and launches on AWS Marketplace, bringing AI fraud prevention to global merchants.

RICHMOND, Va.--(BUSINESS WIRE)---- $MO #Altria--ALTRIA HOLDS 2025 ANNUAL MEETING OF SHAREHOLDERS; DECLARES REGULAR QUARTERLY DIVIDEND OF $1.02 PER SHARE

LOS ANGELES--(BUSINESS WIRE)--MTUS Investors Have Opportunity to Join Metallus Inc. Fraud Investigation with the Schall Law Firm

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Landsea Homes Corporation (NasdaqCM: LSEA) to New Home Co. Under the terms of the proposed transaction, shareholders of Landsea will receive $11.30 in cash for each share of Landsea that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or

NEW YORK--(BUSINESS WIRE)--BlackRock, Inc. (NYSE:BLK) today announced that its Board of Directors has declared a quarterly cash dividend of $5.21 per share of common stock, payable June 23, 2025 to shareholders of record at the close of business on June 5, 2025. About BlackRock BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them th

BOSTON--(BUSINESS WIRE)--Below is the April 2025 Monthly Update for the Liberty All-Star Equity Fund (NYSE: USA). Liberty All-Star Equity Fund Ticker: USA Monthly Update, April 2025 Investment Approach: Fund Style: Large-Cap Core Fund Strategy: Combines three value-style and two growth-style investment managers. Those selected demonstrate a consistent investment philosophy, decision making process, continuity of key people and above-average long-term results compared to managers with similar st

TROY, Mich.--(BUSINESS WIRE)-- #banking--Mahalo Banking today announced that Aspen Federal Credit Union has selected its Thoughtful Banking® platform.

LOS ANGELES--(BUSINESS WIRE)--Akido Labs, Inc. (“Akido”), the AI and care delivery company reimagining healthcare, today announced it has raised $60 million in Series B funding. The round was led by Oak HC/FT with participation from Greco, SNR, and existing investors Y Combinator, Future Communities Capital, Jeff Dean (Chief Scientist, Google DeepMind & Google Research), and the Comprehensive Blood & Cancer Center. Funding will be used to expand the reach of ScopeAI, a system that incre

HOUSTON--(BUSINESS WIRE)--The Sterling Group (“Sterling”), a Houston, TX-based middle market private equity firm, today announced the acquisitions of Arizona-headquartered Pavement Preservation Group, Inc. (“PPGI”), and Vance Brothers, LLC (“Vance”), headquartered in Kansas City, MO. As part of this series of transactions, the PPGI and Vance organizations will operate as regional divisions of Pavement Preservation Group (“PPG”), a newly formed national platform aimed at building upon the acquir