Lastest from Businesswire
Capillary Technologies Acquires Kognitiv, Strengthening Global Leadership in Loyalty Management
DALLAS & BENGALURU, India & SYDNEY & SINGAPORE--(BUSINESS WIRE)-- #AI--Capillary Technologies, an AI-powered loyalty management company, today announced the acquisition of Kognitiv.
The Westaim Corporation Reports Q1 2025 Results
NEW YORK--(BUSINESS WIRE)--The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announced its unaudited interim financial results for the quarter ended March 31, 2025. Westaim recorded a net loss of $7.4 million ($0.34 diluted loss per share) for Q1 2025 compared to a net profit of $23.3 million ($1.02 diluted earnings per share) for Q1 2024. At March 31, 2025, Westaim’s consolidated shareholders’ equity was $490.0 million and the Company had 21,706,501 common shares (“Common
Final Opportunity to Apply for the David Malcolm Scholarship for Spring 2025
SAN DIEGO--(BUSINESS WIRE)--David Malcolm, a prominent San Diego-based philanthropist, encourages eligible students to apply for the David Malcolm Scholarship for Spring 2025. This $2,500 scholarship aims to support students who have shown resilience in overcoming adversity in their pursuit of higher education. The scholarship deadline for the spring cycle is May 31, 2025. To be eligible, applicants must be either high school seniors who have been accepted into an accredited college or universi
Nolan Capital Promotes Rob Weitz to Chief Investment Officer, Tim Eber and Bobby Nolan to Principal and Branden Shin to Vice President
LOS ANGELES--(BUSINESS WIRE)--Nolan Capital is pleased to announce that Rob Weitz has been promoted to Chief Investment Officer, Tim Eber and Bobby Nolan have been promoted to Principal and Branden Shin has been promoted to Vice President. “The promotions reflect these individuals’ exceptional contributions to the success of Nolan Capital,” said Peter Nolan, Chairman of Nolan Capital. “Rob, Tim, Bobby and Branden have all contributed substantially to our firm's continued growth and success, and
H Partners Obtains Clear Referendum for Change at Harley-Davidson’s 2025 Annual Meeting
NEW YORK--(BUSINESS WIRE)--H Partners Management, LLC (“H Partners” or “we”), one of the largest shareholders of Harley-Davidson, Inc. (NYSE: HOG) (“Harley-Davidson”, “Harley”, or the “Company”), which beneficially owns approximately 9.3% of the outstanding shares of the Company, today commented on the preliminary results of the Company’s 2025 Annual Meeting of Shareholders (the “Annual Meeting”). “We thank our fellow shareholders and all other stakeholders, including dealers, riders, and emplo
Angel Oak Mortgage REIT, Inc. Announces Pricing of Public Offering of Senior Notes
ATLANTA--(BUSINESS WIRE)--Angel Oak Mortgage REIT, Inc. (NYSE: AOMR) (the “Company”) today announced that it has priced an underwritten public offering of $40,000,000 aggregate principal amount of its 9.750% Senior Notes due 2030 (the “Notes”). The Notes will be fully and unconditionally guaranteed on a senior unsecured basis by Angel Oak Mortgage Operating Partnership, LP through which the Company holds substantially all of its assets and conducts its operations. The Notes will be issued in mi
United Bankshares, Inc. Holds Annual Meeting of Shareholders
WASHINGTON & CHARLESTON, W.Va.--(BUSINESS WIRE)--United Bankshares, Inc. Holds Annual Meeting of Shareholders
The St. Joe Company Hosts 2025 Annual Meeting of Shareholders
PANAMA CITY BEACH, Fla.--(BUSINESS WIRE)--The St. Joe Company Hosts 2025 Annual Meeting of Shareholders.
Seacoast Receives Regulatory Approvals for the Acquisition of Heartland Bancshares, Inc.
STUART, Fla.--(BUSINESS WIRE)--Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF), the holding company for Seacoast National Bank (“Seacoast Bank”), announced today that the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency have approved Seacoast’s application with respect to Seacoast’s previously announced acquisition of Heartland Bancshares, Inc. (“Heartland”), and Seacoast Bank’s application with respect to th
AM Best Assigns Preliminary Credit Assessment to New England Indemnity Company
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Preliminary Credit Assessment (PCA) to New England Indemnity Company (NEIC) (Bedford, NH) with a Financial Strength Assessment of A- pca (Excellent) and a Long-Term Issuer Credit Assessment of “a-” pca (Excellent). The outlook assigned to the PCAs is stable. The PCAs reflect NEIC’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise
CIVI INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Civitas Resources, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements concerning Civitas business and prospects, resulting in its stock trading at inflated prices.
AM Best Affirms Credit Ratings of Berkshire Hathaway Life Insurance Company of Nebraska and First Berkshire Hathaway Life Insurance Company
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa+” (Superior) of Berkshire Hathaway Life Insurance Company of Nebraska (BHLN) (Omaha, NE). In addition, AM Best has affirmed the FSR of A+ (Superior) and the Long-Term ICR of “aa-” (Superior) of First Berkshire Hathaway Life Insurance Company (First Berkshire Hathaway Life) (New York, NY). The outlook of these Credit Ratings (rat
Customers Bancorp, Inc. Announces Full Redemption of Series E Preferred Stock
WEST READING, Pa.--(BUSINESS WIRE)---- $CUBI #Banking--Customers Bancorp, Inc. announces full redemption of Series E Preferred Stock.
State Street Corporation Declares Dividends on its Common Stock and Non-Cumulative Perpetual Preferred Stock Series “G,” “I,” “J,” and “K”
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced a quarterly cash dividend of $0.76 per share of common stock, payable on July 11, 2025 to common shareholders of record at the close of business on July 1, 2025. Additionally, State Street Corporation announced a cash dividend on each of the below outstanding series of non-cumulative perpetual preferred stock: Series G (represented by depositary shares, each representing a 1/4000th interest in a share of Series G prefe
Intercontinental Exchange Chair & CEO Jeffrey C. Sprecher to Present at the Bernstein 41st Annual Strategic Decisions Conference on May 28
ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, announced today that Jeffrey C. Sprecher, Chair and CEO, will present at the Bernstein 41st Annual Strategic Decisions Conference. The presentation will take place on Wednesday, May 28 at 2:30 p.m. ET. The presentation will be available live and in replay via webcast and can be accessed in the investor relations and media section of ICE’s website at http://ir.theice
Perimeter Acquisition Corp. I Announces Closing of Upsized $241,500,000 Initial Public Offering
NEW YORK--(BUSINESS WIRE)---- $PMTRU #Defense--Perimeter Acquisition Corp. I announces closing of upsized $241,500,000 initial public offering.
RiverNorth Capital and Income Fund, Inc. Announces Transferable Rights Offering
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--RiverNorth Capital and Income Fund, Inc. (NYSE: RSF) (the “Fund”) announces that its Board of Directors (the “Board”) has authorized and set the terms of an offering to the Fund’s common stockholders of rights to purchase additional shares of common stock of the Fund. In this offering, the Fund will issue transferable subscription rights (“Rights”) to its common stockholders of record as of June 3, 2025 (the “Record Date” and such stockholders, “Record Da
I Squared Capital and The Arab Energy Fund Sign Memorandum of Understanding to Invest in Sustainable Energy Infrastructure Through a New Middle East Infrastructure Strategy
MIAMI--(BUSINESS WIRE)--I Squared Capital, a leading independent global infrastructure investment manager, and The Arab Energy Fund (TAEF), formerly known as APICORP, a leading multilateral impact financial institution focused on the MENA energy sector, have signed a non-binding Memorandum of Understanding (MoU) to invest in a dedicated infrastructure investment strategy focused on the Middle East and North Africa (MENA) region. The strategy aims to enhance connectivity across regional and glob
KKR to Present at the Bernstein 41st Annual Strategic Decisions Conference 2025
NEW YORK--(BUSINESS WIRE)--KKR & Co. Inc. (NYSE: KKR) announced today that Scott C. Nuttall, Co-Chief Executive Officer, will present at the Bernstein 41st Annual Strategic Decisions Conference 2025 on Wednesday, May 28, 2025 at 1:30 PM ET. A live webcast of the presentation will be available on the Investor Center section of KKR’s website at https://ir.kkr.com/events-presentations/. For those unable to listen to the live webcast, a replay will be available on the website shortly after the
Eagle Point Income Company Inc. Schedules Release of First Quarter 2025 Financial Results on Wednesday, May 28, 2025
GREENWICH, Conn.--(BUSINESS WIRE)---- $EIC--Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB, EICC) today announced that it plans to report financial results for the quarter ended March 31, 2025, on Wednesday, May 28, 2025. The Company will discuss its financial results on a conference call on that day at 11:30 a.m. (Eastern Time). Thomas P. Majewski, Chairman and Chief Executive Officer, will host the call along with Lena Umnova, the Investment Adviser’s Chief Accounting Officer,