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SmithRx Introduces Stelara Biosimilars to Its Autoimmune Program, Helping Clients Save a Projected $14.5M in Prescription Drug Costs

Fri, 02/28/2025 - 12:52
SAN FRANCISCO--(BUSINESS WIRE)--SmithRx, a transparent, 100% pass-through modern pharmacy benefits manager (PBM), today announced a major expansion to its Connect 360 Autoimmune Program, including the introduction of Stelara biosimilars to its offering, new low-cost Humira and Stelara biosimilars for pediatric members, and a partnership with Costco Specialty Pharmacy alongside its long-standing relationship with Mark Cuban Cost Plus Drugs. As a major component of the Connect 360 Autoimmune Prog

Pierce & O’Neill Earns Chambers Spotlight Texas Honors for Third Consecutive Year

Fri, 02/28/2025 - 12:52
HOUSTON--(BUSINESS WIRE)--For the third consecutive year, top litigation and appellate boutique Pierce & O’Neill, LLP, has been named to the Chambers USA Spotlight Texas guide. The firm secured repeat honors for its energy and natural resources work and received additional recognition for general commercial litigation. “This continued honor from Chambers reaffirms our delivery of top-tier advocacy for our clients,” said name partner Jack O’Neill. Chambers Spotlight highlights small to midsi

HOUSTON AMERICAN ENERGY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Houston American Energy Corp. - HUSA

Fri, 02/28/2025 - 12:52
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 merger of Houston American Energy Corp. (NYSE: HUSA) and Abundia Global Impact Group, LLC (“AGIG”). Pursuant to the terms of the agreement, Houston American will acquire 100% of AGIG’s issued and outstanding units from AGIG’s members and Houston American will issue to AGIG’s members a number of shares of HU

BRIDGE INVESTMENT INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Bridge Investment Group Holdings Inc. - BRDG

Fri, 02/28/2025 - 12:52
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 Bridge Investment Group Holdings Inc. (“Bridge” or the “Company”) (NYSE: BRDG) to Apollo Global Management, Inc. (NYSE: APO). Under the terms of the proposed transaction, Bridge shareholders and Bridge OpCo unitholders will receive, at closing, 0.07081 shares of Apollo stock for each share of Bridge

Rosen Law Firm Urges Rocket Lab USA, Inc. (NASDAQ: RKLB) Stockholders with Losses in Excess of $100K to Contact the Firm for Information About Their Rights

Fri, 02/28/2025 - 12:52
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces that a shareholder filed a class action on behalf of purchasers of securities of Rocket Lab USA, Inc. (NASDAQ: RKLB) between November 12, 2024 and February 25, 2025. Rocket Lab describes itself as a “space company which provides launch services, spacecraft design services, spacecraft components, spacecraft manufacturing and other spacecraft and on-orbit management solutions.” For more information, submit a f

The Snow League Announces Inaugural Partner Lineup for Groundbreaking First Season of Winter Sports Competition

Fri, 02/28/2025 - 12:52
NEW YORK--(BUSINESS WIRE)--The highly anticipated inaugural season of The Snow League launches next week in iconic Aspen, Colorado, and today, the league is proud to announce the first five corporate partners supporting this exciting new chapter in winter sports competition. Three Founding Partners, Marriott Bonvoy, INEOS Automotive and Pacifico®, are joined in the Snow League family by Hublot and Tiffany & Co. Hublot will be the league’s Official Watch and Timekeeper while Tiffany & Co

AM Best Affirms Credit Ratings of Fidelis Insurance Holdings Limited and Its Subsidiaries

Fri, 02/28/2025 - 12:52
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of Fidelis Insurance Bermuda Limited (Bermuda), Fidelis Underwriting Limited (United Kingdom) and Fidelis Insurance Ireland Designated Activity Company (Ireland). In addition, AM Best has affirmed the Long-Term ICR of “bbb” (Good) of Fidelis Insurance Holdings Limited (Fidelis) (Bermuda), the ultimate holding company. Conc

KBRA Releases Research – CMBS Loan Performance Trends: February 2025

Fri, 02/28/2025 - 12:52
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases a report on U.S. commercial mortgage-backed securities (CMBS) loan performance trends observed in the February 2025 servicer reporting period. The delinquency rate among KBRA-rated U.S. private label CMBS in February decreased 16 basis points (bps) to 6.61% from 6.77% in January. The total delinquent plus current but specially serviced loan rate (collectively, the distress rate) decreased 14 bps to 9.53%. However, the multifamily delinquency rate jumped

Lawsuit: Illegal Dumping Endangers Affordable Housing Development in Denton

Fri, 02/28/2025 - 12:52
DALLAS--(BUSINESS WIRE)--Trial attorneys at Rogge Dunn Group have filed a lawsuit in Denton County on behalf of a local, family-owned development company whose planned apartment development is being thwarted by what it describes as an illegal dumping operation. The lawsuit alleges that commercial engineering and construction company Mountain Cascade of Texas LLC dumped tons of tainted soil without permission on a 10-acre tract of land that Dallas-based MADII LP acquired possession of in 2023 to

Wingspire Equipment Finance Expands Partnership with Global IT Managed Service Provider With $30 Million Capital Lease

Fri, 02/28/2025 - 12:52
TUSTIN, Calif.--(BUSINESS WIRE)--Wingspire Equipment Finance has strengthened its seven-year relationship with a leading IT managed service provider (MSP) by providing a $30 million capital lease. This latest transaction is part of a broader financial partnership, bringing total funding to over $100 million. Since first partnering with the MSP seven years ago, Wingspire Equipment Finance has played a pivotal role in the company's financial strategy. As a trusted financial partner, Wingspire Equ

U.S. Bankruptcy Court Finds Riju Ravindran, Camshaft Capital, and Think & Learn Responsible for Defrauding BYJU’s Alpha and Its Lenders

Fri, 02/28/2025 - 12:52
NEW YORK--(BUSINESS WIRE)--The steering committee of the ad hoc group of term loan lenders (the “Lenders”) of the $1.5 billion Term Loan B (the “Term Loans”) provided to BYJU’S Alpha, Inc. (“BYJU’s Alpha”), a Delaware special purpose financing vehicle established by BYJU’S to receive proceeds of the Term Loans, today announced that the Honorable Judge John T. Dorsey of the United States Bankruptcy Court for the District of Delaware (the “Court”) issued an order granting summary judgment (the “O

DigitalBridge to Participate in Upcoming Investor and Industry Conferences in March 2025

Fri, 02/28/2025 - 12:52
BOCA RATON, Fla.--(BUSINESS WIRE)--DigitalBridge Group, Inc. (“DigitalBridge” or the “Company”) (NYSE: DBRG), a leading global alternative asset manager dedicated to investing in digital infrastructure, today announced senior executives from DigitalBridge will participate in the following upcoming investor and industry events: March 2-5: Citi’s 30th Annual Global Property CEO Conference – Hollywood, Florida Marc Ganzi, Chief Executive Officer of DigitalBridge, will deliver a fireside chat prese

Union Credit to Deliver Credit Union Offers in the Experian App

Fri, 02/28/2025 - 09:52
SANTA ROSA, Calif.--(BUSINESS WIRE)--Union Credit announced today that pre-approved offers from its more than 50 credit union partners are now presented in Experian’s mobile app.

CoStar Group Completes Acquisition of Matterport, Ushering in a New Era of 3D Digital Twins and AI-Powered Real Estate Innovation

Fri, 02/28/2025 - 09:52
ARLINGTON, Va.--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, announced today the successful completion of its previously announced acquisition of Matterport, Inc. (NASDAQ: MTTR), the global leader in 3D digital twin technology. This powerful combination brings together two industry pioneers to accelerate the adoption of AI-driven digital twin technology across the global real estate

Haversine Funding Appoints Gen Merritt-Parikh as Co-CEO to Drive Growth and Expansion

Fri, 02/28/2025 - 09:52
DALLAS--(BUSINESS WIRE)--Haversine Funding, a leading provider of specialty finance solutions, is pleased to announce the promotion of Gen Merritt-Parikh, the company's current president, to the position of Co-Chief Executive Officer (Co-CEO), effective February 21, 2025. Merritt-Parikh, who has been instrumental in shaping the company’s strategic direction as president, will now work alongside founder & Co-CEO Stan Vukmer to drive Haversine’s continued growth and innovation in the commerci

American Financial Group, Inc. Announces Special Dividend and Share Repurchases

Fri, 02/28/2025 - 09:52
CINCINNATI--(BUSINESS WIRE)--American Financial Group, Inc. (NYSE: AFG) announced today that its Board of Directors has declared a special cash dividend of $2.00 per share of American Financial Group common stock. The dividend is payable on March 28, 2025, to shareholders of record on March 17, 2025. The aggregate amount of this special dividend will be approximately $170 million. This special dividend is in addition to the Company’s regular quarterly cash dividend of $0.80 per share most recen

Pioneer Closed-End Funds Required Notice to Shareholders Sources of Distribution Under Section 19(a)

Fri, 02/28/2025 - 09:52
BOSTON--(BUSINESS WIRE)--The following closed-end funds reported sources of distribution for February and this fiscal year to date. Distribution Period: February 2025 Ticker Taxable Fund Distribution Amount Per Share PHD Pioneer Floating Rate Fund, Inc. $0.0750       Ticker Tax-Exempt Funds Distribution Amount Per Share MAV Pioneer Municipal High Income Advantage Fund, Inc. $0.0325 MHI Pioneer Municipal High Income Fund, Inc. $0.0350 MIO Pioneer Municipal High Income Opportunities Fund, Inc. $0

New York Life Investments Announces Changes to ETF Lineup

Fri, 02/28/2025 - 09:52
NEW YORK--(BUSINESS WIRE)--New York Life Investments today announced plans to liquidate the NYLI Cleaner Transport ETF (CLNR) and the NYLI Clean Oceans ETF (OCEN) (the “Funds”). The Funds will cease trading and no longer accept creation or redemption orders after market close on April 9, 2025. Proceeds of the liquidation are expected to be sent to shareholders on or about April 16, 2025. About New York Life Investments With over $739 billion in assets under management as of December 31, 2024, N

At HIMSS 2025, athenahealth Highlights AI Investments, Interoperability Leadership, and Leading Market Solutions, All Purpose-Built for Ambulatory Care

Fri, 02/28/2025 - 09:52
BOSTON--(BUSINESS WIRE)--athenahealth, a leading provider of network-enabled software and services for healthcare practices nationwide, will be at HIMSS, taking place March 3-6, to demonstrate how the company is simplifying the practice of care through its open ecosystem approach, deep investments in technology, and integrated partnership models. athenahealth will be anchored at booth 3432 in the expo hall, and representatives from across the company will share their perspectives on key industr

ISG Names Samuel L. Molinaro Jr. to Board of Directors

Fri, 02/28/2025 - 09:52
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #Appointment--Information Services Group (ISG) (Nasdaq: III) has named Samuel L. Molinaro Jr., a senior financial services executive, to its board of directors.

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