Lastest from Businesswire
SOUN Investors Have Opportunity to Join SoundHound AI, Inc. Fraud Investigation with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)--SOUN Investors Have Opportunity to Join SoundHound AI, Inc. Fraud Investigation with the Schall Law Firm
Omneky Launches Smart Ads: Automated Ad Generation for Smarter Campaigns
SAN FRANCISCO--(BUSINESS WIRE)-- #AI--Omneky, the Gen AI command center for smarter digital ads, today announced the launch of Smart Ads, a revolutionary new feature designed to transform how brands create and optimize advertising creatives. Smart Ads leverages the power of artificial intelligence to generate high-performing, on-brand ads, automatically. By integrating with existing brand guidelines, assets, and performance data, Smart Ads empowers marketers to: Generate Smarter: Create fully designe
RDUS Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Radius Recycling, Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Radius Recycling, Inc. (NASDAQ: RDUS) to Toyota Tsusho America, Inc. for $30.00 per share in cash is fair to Radius shareholders. Halper Sadeh encourages Radius shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether R
Law Firms Grant & Eisenhofer and Levi & Korsinsky Issue Notice of Dismissal of AST SpaceMobile Stockholder Litigation, Opportunity to Intervene
WILMINGTON, Del.--(BUSINESS WIRE)--Law firms Grant & Eisenhofer and Levi & Korsinsky issued the following statement regarding that disposition of investor class action AST SpaceMobile, Inc., Stockholders Litigation: Notice is hereby provided to all persons holding shares of AST SpaceMobile, Inc. (Nasdaq: ASTS) who previously held shares of New Providence Acquisition Corp. (Nasdaq: NPA). The purpose of this notice is to inform you about developments with respect to litigation in the Dela
Karmel Capital Appoints Former JPMorgan Executive Director to Partner
SAN DIEGO--(BUSINESS WIRE)--Karmel Capital Management LLC (Karmel Capital), a San Diego based alternative investment management firm, is pleased to announce a significant leadership appointment that underscores the firm’s commitment to innovation, excellence, and growth. Antolin Garza has joined Karmel Capital effective February 24 as a Partner. Mr. Garza will primarily focus on sourcing private market investments, investment fund development and be a member of the firm’s Investment Committee.
KBRA Assigns Preliminary Ratings to BMO 2025-5C9
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA is pleased to announce the assignment of preliminary ratings to 13 classes of BMO 2025-5C9, a $681.7 million CMBS conduit transaction collateralized by 31 commercial mortgage loans secured by 54 properties. The collateral properties are located throughout 20 MSAs, of which the three largest are New York (38.6% of pool balance), Chicago (5.6%) and Los Angeles (4.2%). The pool has exposure to most major property types, with three types representing more than 10.0%
Strategic Storage Trust VI, Inc. Successfully Refinances Loans for Seven Properties
LADERA RANCH, Calif.--(BUSINESS WIRE)--Strategic Storage Trust VI, Inc. (“SST VI”), a publicly registered non-traded real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), has successfully refinanced loans on seven of its Canadian properties. This refinancing proactively addresses the loans’ upcoming 2025 maturities while lowering SST VI’s interest rate by approximately 170 basis points (bps) and reduces the annual interest expense by approxim
Miracle Mile Co. Announces Re-Entry Into Third-Party Property and Asset Management Services for Southern California, New York Tri-State, and Mountain West Markets
LOS ANGELES--(BUSINESS WIRE)--Miracle Mile Co., a leading real estate investment and management firm with its corporate office located in Los Angeles and strategic satellite offices in New York and Salt Lake City, is excited to announce its re-entry into third-party property management and asset management services, targeting Southern California, the New York Tri-State area, and Mountain West markets. Following a hiatus from third-party management in 2016 to concentrate on asset managing its ow
Total Access Elevator Expands with Acquisition of Vertical Elevator Solutions
LOS ANGELES--(BUSINESS WIRE)-- #mergersandacquisitions--Total Access Elevator Expands with Acquisition of Vertical Elevator Solutions
Guaranty Bancshares, Inc. Declares Quarterly Cash Dividend
ADDISON, Texas--(BUSINESS WIRE)-- #gnty--The Board of Directors of Guaranty Bancshares, Inc. (NYSE: GNTY), the parent company of Guaranty Bank & Trust, N.A., declared a quarterly cash dividend yesterday in the amount of $0.25 per share of common stock. The dividend will be paid on April 9, 2025, to stockholders of record as of the close of business on March 31, 2025. About Guaranty Bancshares Guaranty Bancshares, Inc. is the parent company for Guaranty Bank & Trust, N.A. and has 33 banking loca
Charles River Associates (CRA) Announces CFO Transition
BOSTON--(BUSINESS WIRE)--Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that Daniel Mahoney, CRA’s Chief Financial Officer, will transition out of his role to a new opportunity outside of the consulting industry, effective April 11, 2025. Chad Holmes, CRA’s Chief Corporate Development Officer and former CFO, will serve as interim CFO while the Company conducts a search for a permanent replacement,
AM Best Affirms Credit Ratings of Western & Southern Financial Group, Inc. and Its Subsidiaries
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “aa” (Superior) of the life insurance subsidiaries of Western & Southern Financial Group, Inc. (WSFG). The WSFG subsidiaries included in this rating unit are The Western and Southern Life Insurance Company (WSLIC), Western-Southern Life Assurance Company, Columbus Life Insurance Company, Integrity Life Insurance Company, Nation
Keller Rohrback L.L.P. Announces Filing of New Lawsuit Against SoCal Edison on Behalf of Victims of the January 2025 Eaton Wildfire
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Keller Rohrback L.L.P. announces that it has filed a lawsuit against electric utility company, Southern California Edison (SCE), in the Superior Court of the State of California, County of Los Angeles on behalf of survivors of the January 2025 Eaton Wildfire in Los Angeles. The suit alleges that the utility’s reckless failure to properly maintain and de-energize its powerlines during extreme weather conditions led to the devastating Eaton Canyon Wildfire.
AM Best Comments on Credit Ratings of Protective Life Corporation’s Key Subsidiaries Following Announced Reinsurance Agreement with Resolution Life Group Holdings Ltd.
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has commented that the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of the primary life insurance subsidiaries of Protective Life Corporation (headquartered in Birmingham, AL), collectively known as Protective, remain unchanged following an announced reinsurance arrangement under which it will cede $9.7 billion of reserves to Resolution Life Group Holdings Ltd. Protective will
JPMorganChase to Host First-Quarter 2025 Earnings Call
NEW YORK--(BUSINESS WIRE)--As previously announced, JPMorgan Chase & Co. (NYSE: JPM) (“JPMorganChase” or the “Firm”) will host a conference call to review first-quarter 2025 financial results on Friday, April 11, 2025 at 8:30 a.m. (ET). The results are scheduled to be released at approximately 7:00 a.m. (ET). The live audio webcast and presentation slides will be available on www.jpmorganchase.com under Investor Relations, Events & Presentations. JPMorganChase will notify the public tha
Veritone Announces Appointment of Francisco Morales to Board of Directors
DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in building human-centered enterprise AI solutions, today announced the appointment of Francisco J. Morales to its Board of Directors, to be effective March 20, 2025. Francisco J. Morales is the Co-founder and Executive Chairman of 5.11 Tactical and its former CEO. Founded in 2003, 5.11 Tactical is widely recognized as a global market leader in tactical apparel, footwear, and gear for law enforcement, military, and first responder
Mutual Capital Group Announces Closing of All-Cash Merger with ICC Holdings, Inc.
WYALUSING, Pa.--(BUSINESS WIRE)--Mutual Capital Group, Inc. (“MCG”), parent company of Mutual Capital Holdings, Inc. (“MCH”), today announced the successful closing of its previously announced acquisition of ICC Holdings, Inc. (“ICCH”), the parent company of Illinois Casualty Company. The public trading of ICCH common stock ceased as of yesterday. At the closing, MCH acquired ICCH in an all-cash merger valued at approximately $73.8 million. As part of the transaction, each share of ICCH common
KKR Appoints Timothy R. Barakett to Board
NEW YORK--(BUSINESS WIRE)--KKR & Co. Inc. (NYSE: KKR) today announced that Timothy R. Barakett has been appointed to the Board of Directors effective March 13, 2025. His appointment will bring the number of independent directors to ten out of a total of fourteen Board seats. Mr. Barakett is the Founder and Chief Executive Officer of TRB Advisors, a private investment firm and family office. Prior to founding TRB Advisors in 2010, Mr. Barakett was the Founder and Chief Executive Officer of A
Pagaya Closes New AAA-Rated $500 Million Consumer Loan ABS Deal
NEW YORK--(BUSINESS WIRE)--Pagaya Technologies LTD. (NASDAQ: PGY) ("Pagaya" or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the closing of a $500 million AAA-rated personal loan ABS transaction (PAID 2025-2). Since 2018, Pagaya has raised over $27 billion across 67 ABS transactions to fund loan originations across multiple products, including personal loan and auto. “As the leading ABS issuer of personal loans in
Veritone Reports Fourth Quarter and Fiscal Year 2024 Results
DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ:VERI), a leader in designing human-centered AI solutions, today reported results for the fourth quarter and fiscal year ended December 31, 2024. “Veritone delivered solid topline performance in the fourth quarter of 2024 and is entering 2025 with strong momentum underpinned by our disruptive Veritone Data Refinery offering and opportunity to drive Public Sector growth,” said Ryan Steelberg, Chairman, President and Chief Executive Officer of Verito