Lastest from Businesswire

Subscribe to Lastest from Businesswire feed Lastest from Businesswire
Business Wire - The global leader in news distribution
Updated: 5 min 30 sec ago

Moderna Reaffirms Commitment to Job Creation in Massachusetts

Fri, 06/18/2021 - 08:56
CAMBRIDGE, Mass.--(BUSINESS WIRE)--Moderna reaffirms commitment to job creation in Massachusetts.

OneMain Holdings to Present at the Jefferies Virtual Consumer Conference

Fri, 06/18/2021 - 08:56
NEW YORK--(BUSINESS WIRE)--OneMain Holdings, Inc. (NYSE: OMF) announced today that Micah Conrad, Chief Financial Officer, and Jenny Osterhout, Chief Strategy Officer, will present at the Jefferies Virtual Consumer Conference at 9:10 a.m. Eastern on Wednesday, June 23. Webcast Information The general public is invited to listen to the live audio webcast through the Investor Relations section of OneMain’s website at http://investor.onemainfinancial.com. The replay of the conference call will be a

Local Bounti, Disruptive AgTech Company Redefining the Future of Farming, to Go Public in $1.1B SPAC Deal via Leo Holdings III Corp.

Fri, 06/18/2021 - 08:56
HAMILTON, Mont.--(BUSINESS WIRE)--Breakthrough U.S. indoor agriculture company Local Bounti Corporation (Local Bounti) has agreed to go public through a merger with Leo Holdings III Corp. (Leo or Leo Holdings) (NYSE: LIII), a publicly-traded special purpose acquisition company, pursuant to a definitive business combination agreement. The transaction values the combined company at an equity value of $1.1 billion (assuming no redemptions) and upon closing of the transaction, the combined company

MANSCAPED™ Designated Official Below-the-Waist Grooming Partner of the PDC’s World Matchplay Darts Championship

Fri, 06/18/2021 - 05:56
SAN DIEGO--(BUSINESS WIRE)--The MANSCAPED™ sports marketing team really hit a bullseye with this one. Today, the leading men’s grooming and hygiene brand announced that it has teamed up with the Professional Darts Corporation (PDC) as the thrilling sport reconvenes its hotly anticipated Betfred World Matchplay championship this summer. The pros know dart shafts come in many shapes and sizes, and whether they prefer a barrel with heavy knurling or a smooth feel, they’ll have MANSCAPED by their s

Bridging the Racial Wealth Gap: Milken Institute Outlines 14 Strategies to Partner with Mission-Focused Banks

Fri, 06/18/2021 - 02:56
WASHINGTON--(BUSINESS WIRE)-- #MilkenInstitute--The Milken Institute today released a set of strategies outlining how corporations, large financial institutions, philanthropic organizations, and governments can leverage mission-focused lenders to better meet the needs of underserved communities. Over the last year, many of these stakeholders made billions of dollars in commitments towards bridging the racial wealth gap across the country, a gap which is projected to have cost the US economy $2.7 trillion over the

DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors That a Class Action Lawsuit Has Been Filed Against Churchill Capital Corp. IV and Encourages Investors to Contact the Firm

Thu, 06/17/2021 - 23:56
NEW YORK--(BUSINESS WIRE)-- #Action--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that a class action lawsuit has been filed in the United States District Court for the Northern District of Alabama on behalf of investors that purchased Churchill Capital Corporation IV (NYSE: CCIV) securities between January 11, 2021 and February 22, 2021, inclusive (the “Class Period”). Investors have until June 18, 2021 to apply to the Court to be appointed as l

Spartan Acquisition Corp. II Announces Effectiveness of Registration Statement for Proposed Business Combination with Sunlight Financial

Thu, 06/17/2021 - 20:56
NEW YORK & CHARLOTTE, N.C.--(BUSINESS WIRE)---- $SPRQ #SPRQ--Spartan Acquisition Corp. II, a publicly traded special purpose acquisition company (“Spartan” or the “Company”) (NYSE: SPRQ), announced today that its registration statement on Form S-4 (File No. 333-254589) (as amended, the “Registration Statement”), relating to the previously announced business combination (the “Business Combination”) with Sunlight Financial LLC (“Sunlight” or “Sunlight Financial”), has been declared effective by the U.S. Securiti

Family of Former Camas Paper Mill Worker Receives Record $16.67 Million Verdict in Mesothelioma Case Against Scapa Waycross, According to Schroeter Goldmark & Bender

Thu, 06/17/2021 - 20:56
SEATTLE--(BUSINESS WIRE)--A King County Superior Court jury recently returned a record-setting $16.67 million verdict in favor of the family of Kevan Holdsworth, who in 2019 died of mesothelioma caused in part by exposure to asbestos from products sold by Scapa Waycross Inc. The verdict against Scapa, rendered on Tuesday, June 15, 2021, is the largest verdict in an asbestos case tried in King County and the second largest in the state. Mr. Holdsworth’s widow, Sherrie Holdsworth, brought the cas

CAI International, Inc. Enters into Definitive Agreement to be Acquired by Mitsubishi HC Capital Inc.

Thu, 06/17/2021 - 20:56
SAN FRANCISCO--(BUSINESS WIRE)--CAI International, Inc. (NYSE: CAI) (“CAI” or the “Company”), one of the world’s leading transportation finance companies, announced today that it has entered into a definitive agreement to be acquired by Mitsubishi HC Capital Inc. (“MHC”). Under the terms of the merger agreement with MHC (the “Merger Agreement”), MHC will acquire all of CAI’s outstanding and fully diluted common stock in an all-cash transaction for $56.00 per share, which represents a total equi

ROSEN, GLOBALLY RESPECTED INVESTOR COUNSEL, Encourages Washington Prime Group Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – WPG

Thu, 06/17/2021 - 20:56
NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Washington Prime Group Inc. (NYSE: WPG) between November 5, 2020 and March 4, 2021, inclusive (the “Class Period”), of the important July 23, 2021 lead plaintiff deadline. SO WHAT: If you purchased Washington Prime Group securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrange

KBRA Assigns Rating to Golub Capital Partners ABS Funding 2019-1, L.P. In Connection with Refinancing

Thu, 06/17/2021 - 17:56
NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns rating to one class of notes issued by Golub Capital Partners ABS Funding 2019-1, L.P. (GCPAF 2019-1), a securitization backed by a portfolio of recurring revenue and middle market corporate loans. GCPAF 2019-1 is being amended to refinance to the existing notes, issue new notes to upsize the transaction, and extend key transaction dates. The original Class A Notes are being redeemed in accordance with the transaction documents

Notice of Dismissal of SMTC Corporation Litigation and Agreement Upon Attorneys’ Fees

Thu, 06/17/2021 - 17:56
NEW YORK--(BUSINESS WIRE)--Notice is hereby provided to all persons who held shares of SMTC Corporation (“SMTC” or the “Company”) common stock in the period from and including January 3, 2021 through April 5, 2021. The purpose of this Notice is to inform you of developments with respect to the putative class action lawsuit captioned Quach, et al. v. Bailey, et al., C.A. No. 2021-0104-KSJM (the “Action”), including the dismissal of the Action and an agreement to pay attorneys’ fees and expenses

Inland Bank and Trust Partners with Leading Global Advisory Firm Chatham Financial

Thu, 06/17/2021 - 17:56
OAK BROOK, Ill.--(BUSINESS WIRE)--Inland Bank and Trust recently partnered with leading global advisory and technology firm Chatham Financial.

AM Best Places Credit Ratings of Best Meridian Insurance Company and Best Meridian International Insurance Company SPC Under Review With Negative Implications

Thu, 06/17/2021 - 17:56
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has placed under review with negative implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Best Meridian Insurance Company (BMIC) (Miami, FL) and Best Meridian International Insurance Company (BMIIC) (Grand Cayman, Cayman Islands). This Credit Rating (rating) action follows BMIC’s first-quarter 2021 and year-end 2020 results, which reported deterioration in its directly issued mortgage

ServiceSource to Participate in the Sidoti Virtual Investor Conference

Thu, 06/17/2021 - 17:56
DENVER--(BUSINESS WIRE)-- #SREV--ServiceSource International, Inc. (NASDAQ: SREV) today announced that it will participate in the Sidoti Virtual Investor Conference.

Julie Caperton Named Head of Wells Fargo Private Bank for Wells Fargo Wealth & Investment Management (WIM)

Thu, 06/17/2021 - 17:56
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced Julie Caperton as head of Wells Fargo Private Bank, a division of Wealth & Investment Management (WIM). This is in addition to Caperton’s current role as head of the Banking, Lending & Trust Center of Excellence for WIM. Caperton will continue to report to Barry Sommers, head of WIM. As head of The Private Bank, Caperton will be responsible for leading growth in the high net worth and ultra-high net wo

Triton Digital Releases the May 2021 U.S. Podcast Report; Implements Version 2.1 of the IAB’s Podcast Measurement Technical Guidelines

Thu, 06/17/2021 - 17:56
NEW YORK--(BUSINESS WIRE)--Triton Digital Releases the May 2021 U.S. Podcast Report; Implements Version 2.1 of the IAB’S Podcast Measurement Technical Guidelines

KBRA Assigns ‘AA’ Rating to City of San Diego, CA Pure Water San Diego Phase 1 North City Project WIFIA Loan of Up to $119.5 million; Affirms Various Water System Obligations; Outlook Remains Stable

Thu, 06/17/2021 - 17:56
NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns a long-term rating of AA with a Stable Outlook to the following City of San Diego, CA obligation: Pure Water San Diego Phase 1 North City Project WIFIA Loan (Subordinate Obligation) (Subsequent Loan - Up to $119,500,000) KBRA additionally affirms the long-term rating of AA with a Stable Outlook for the following obligation of the City: Pure Water San Diego Phase 1 North City Project WIFIA Loan (Subordinate Obligation) (Initial L

AM Best Upgrades Credit Ratings of Southern Mutual Church Insurance Company

Thu, 06/17/2021 - 17:56
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” (Excellent) from “a-” (Excellent) of Southern Mutual Church Insurance Company (SMCIC) (Columbia, SC). The outlook of these Credit Ratings (ratings) has been revised to stable from positive. The ratings reflect SMCIC’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited

Putnam Announces Distribution Rates for Open End Funds

Thu, 06/17/2021 - 17:56
BOSTON--(BUSINESS WIRE)--The Trustees of The Putnam Funds declared the following distributions.   RECORD PAYMENT FUND NAME AND DISTRIBUTIONS DATE DATE   Putnam Diversified Income Trust - Class B Shares (PSIBX)     $0.0150 per share investment income 6/17/21 6/21/21       Putnam Diversified Income Trust - Class C Shares (PDVCX)     $0.0150 per share investment income 6/17/21 6/21/21       Putnam Diversified Income Trust - Class M Shares (PDVMX)     $0.0180 per share investment income 6/17/21 6/2

Pages