Lastest from Businesswire
Fourshore Partners Announces Acquisition of Palm Coast Sales
MIAMI--(BUSINESS WIRE)--Fourshore Partners (Fourshore) announced today its acquisition of Palm Coast Sales (“PCS”; “Company”), a wholesale distributor of high-quality outdoor kitchen appliances including premium grills, outdoor kitchens, grill carts, accessories and specialty products. The Company was founded in 2008 and has since grown to be one of the premier wholesale distributors of outdoors lifestyle products in the Southeastern US. Its products are distributed to dealers specializing in t
Law Offices of Howard G. Smith Encourages GSK plc. (GSK) Investors To Inquire About Securities Fraud Class Action
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased GSK plc. (“GSK” or the “Company”) (NYSE: GSK) American Depositary Receipts (“ADRs”) between February 5, 2020, and August 14, 2022, inclusive (the “Class Period”). GSK investors have until April 7, 2025 to file a lead plaintiff motion. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN GSK PLC. (GSK), CONTACT THE LAW OFFICES OF HOWARD G. SMITH TO PAR
Law Offices of Howard G. Smith Encourages Monolithic Power Systems Inc. (MPWR) Investors To Inquire About Securities Fraud Class Action
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Monolithic Power Systems Inc. (“Monolithic” or the “Company”) (NASDAQ: MPWR) common stock between February 8, 2024 and November 8, 2024, inclusive (the “Class Period”). Monolithic investors have until April 7, 2025 to file a lead plaintiff motion. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN MONOLITHIC POWER SYSTEMS INC. (MPWR), CONTACT THE LA
Shareholder Alert: Ademi & Fruchter LLP investigates whether SolarWinds Corporation is obtaining a Fair Price for its Public Shareholders
MILWAUKEE--(BUSINESS WIRE)--Ademi & Fruchter LLP is investigating SolarWinds (NYSE: SWI) for possible breaches of fiduciary duty and other violations of law in its transaction with Turn/River Capital. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, SolarWinds stockholders will receive only $18.50 per share or approximately $4.4 billi
Photo Research Unveils New SpectraScan™ PR-1050 Spectroradiometer, with Enhanced Calibration Capabilities
SYRACUSE, N.Y.--(BUSINESS WIRE)--Photo Research, a Novanta Corporation brand, announces new enhanced calibration capabilities with the Photo Research SpectraScan™ PR-1050 Spectroradiometer. The PR-1050 introduces a new option for multiple calibrations on all apertures, enhancing its versatility and precision. Featuring superior sensitivity and speed, the PR-1050 meets the demands of measuring near-eye displays with an Augmented & Virtual Reality (AR/VR) lens that attaches directly to the de
Columbia Seligman Premium Technology Growth Fund Announces a First Quarter Distribution: 9.25% Annual Rate for IPO Investors
BOSTON--(BUSINESS WIRE)--Today, Columbia Seligman Premium Technology Growth Fund, Inc. (NYSE: STK) (the Fund) declared a first-quarter distribution, pursuant to its managed distribution policy, in the amount of $0.4625 per share, which is equal to a quarterly rate of 2.3125% (9.25% annualized) of the $20.00 offering price in the Fund’s initial public offering in November 2009. The first-quarter distribution of $0.4625 per share is equal to a quarterly rate of 1.4062% (5.62% annualized) of the F
NCR Atleos Honored with ATMIA Outstanding Service Award
ATLANTA--(BUSINESS WIRE)--NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that it has received the ATM Industry Association (ATMIA) Outstanding Service Award. The award recognizes Atleos' exceptional contributions to the industry, highlighting its long-term positive influence, excellence in technology and service, leadership in best practices, and specific, measurable achieve
e.l.f. Beauty, Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights - ELF
LOS ANGELES--(BUSINESS WIRE)--e.l.f. Beauty, Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights - ELF
Northern Trust Universe Data: Strong 2024 Performance for U.S. Institutional Investors, Despite Q4 Market Volatility
CHICAGO--(BUSINESS WIRE)-- #assetmanagement--The largest plans in the Northern Trust Universe had a median return of -0.8% in the fourth quarter and 9.4% for the full year in 2024.
Graham Capital Management Names Jens Foehrenbach President and Co-Chief Investment Officer
ROWAYTON, Conn.--(BUSINESS WIRE)--Graham Capital Management (Graham or the “Firm”), a $20 billion alternative investment firm focused on innovative quantitative and discretionary macro investment solutions, today announced that Jens Foehrenbach has joined the Firm as President and Co-Chief Investment Officer. In this role, Foehrenbach and Co-CIO Pablo Calderini will jointly oversee Graham’s investment activities. Foehrenbach will also serve on the Firm’s Executive, Investment and Risk Committee
AM Best Revises Outlooks to Stable for Lincoln National Corporation and Most of Its Subsidiaries
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised the outlooks of the Long-Term Issuer Credit Ratings (Long-Term ICR) to stable from negative and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICRs of “a+” (Excellent) of The Lincoln National Life Insurance Company and its wholly owned subsidiary, Lincoln Life & Annuity Company of New York (Syracuse, NY). These companies are the key life and annuity insurance subsidiaries of Lincoln National Corporation (LN
Grant Thornton survey: Industries reveal key priorities for workers
CHICAGO--(BUSINESS WIRE)--Grant Thornton, one of America’s largest brands of professionals providing end-to-end audit, assurance, tax and advisory services, has released industry-specific data from its State of Work in America survey. Respondents shared their thoughts on the latest trends in employee attitudes, desires and concerns across various sectors, including technology, banking, healthcare, manufacturing, retail and transportation and distribution. Technology workers want job security Ar
ELF Investors Have Opportunity to Join e.l.f. Beauty, Inc. Fraud Investigation with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)--ELF Investors Have Opportunity to Join e.l.f. Beauty, Inc. Fraud Investigation with the Schall Law Firm
AM Best Removes From Under Review With Negative Implications and Affirms Credit Ratings of Topa Insurance Company and Dorchester Insurance Company, Ltd.
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “bbb+” (Good) of Topa Insurance Company (Calabasas, CA) and its subsidiary, Dorchester Insurance Company, Ltd. (U.S. Virgin Islands). These companies are wholly owned subsidiaries of Topa Equities, Ltd. and collectively referred to as Topa Insurance Group (Topa). The outlook assi
KBRA Places SmartStop OP, L.P. BBB- Issuer and Senior Secured Note Ratings on Watch Downgrade
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA has placed its BBB- issuer rating for SmartStop OP, L.P. on Rating Watch Downgrade, which follows KBRA's review of recent acquisition activity and parent SmartStop Self Storage REIT, Inc.'s (collectively 'SmartStop') updated S-11 filing for a potential initial public offering (IPO). The BBB- rating for SmartStop OP's outstanding $150 million 4.53% senior secured notes due 2032 is also placed on Watch Downgrade. Following a period of reduced acquisition activity,
RISR Partners with Wealthcare Capital Management to Drive Deeper Relationships with Business Owner Clients
PHILADELPHIA--(BUSINESS WIRE)-- #BusinessOwners--RISR, the first comprehensive business owner engagement platform for financial advisors, today announced its partnership with Wealthcare Capital Management (Wealthcare), a technology-enabled registered investment advisor (RIA) with more than $8 billion in assets under management (AUM), that supports independent financial advisors. Through this union, Wealthcare advisors have access to a more in-depth look at the needs of their business owner clients and are better
Aminad Strengthens Leadership Team and Expands Operations Department With the Hire of David Banks as Director of Corporate Operations
ARLINGTON, Va.--(BUSINESS WIRE)--Aminad Consulting, a boutique management consulting firm specializing in supply chain and operations strategy, announced today the hire of David Banks as Director of Corporate Operations, adding to their growing leadership team and expanding their operations department. “We are extremely excited to have David join our leadership team,” said Lido Ramadan, President and CEO of Aminad Consulting. “David brings incredible experience to Aminad and will help us grow a
Virtus Total Return Fund Inc. Announces Preliminary Results of Tender Offer
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Total Return Fund Inc. (NYSE: ZTR) (the “Fund”) today announced preliminary results of its previously announced tender offer (“Tender Offer”) to acquire 10% of the Fund’s outstanding shares, which expired on February 6, 2025 at 5 p.m. (Eastern). Approximately 20,373,789 shares were tendered, including shares tendered pursuant to notices of guaranteed delivery, based on preliminary information. With the Tender Offer oversubscribed, the relative number of
Marchex: Leading AI-Powered Conversational Intelligence Solutions for the Home Services Industry
SEATTLE--(BUSINESS WIRE)-- #AIsolutions--Marchex (NASDAQ: MCHX), which harnesses the power of AI and conversational intelligence to drive operational excellence and revenue acceleration, is set to continue its impact at several upcoming industry events, including the 2025 International Franchise Association (IFA) Annual Convention. In addition to its presence at IFA, Marchex also will participate in exclusive partner events with ARS and Authority Brands, further strengthening its commitment to franchise succe
Best's Review Explores Latest Insurance Industry Innovations
OLDWICK, N.J.--(BUSINESS WIRE)--The February issue of Best’s Review examines progress and initiatives in an industry that’s often viewed as resistant to change: “Insurers Discover Value in Innovation Culture” provides insight from several industry leaders on how innovation is now seen as necessary to a company’s survival. “Innovation Hubs Attract Interest, Support From Insurance Companies” looks at several initiatives to foster insurtech startups, spur new product development and enhance data a