Lastest from Businesswire

NEW YORK--(BUSINESS WIRE)--Ondo Finance, a leader in blockchain-based financial innovation, today unveiled a suite of infrastructure products designed to bring capital markets onchain, bringing the transparency, efficiency, and accessibility enabled by blockchain technology to institutional-grade finance. At the first-ever Ondo Summit in New York City, Ondo provided details on the key pillars of this strategy, including Ondo Chain, its newly announced Layer 1 blockchain, purpose-built to suppor

MILWAUKEE--(BUSINESS WIRE)--Ademi & Fruchter LLP is investigating Nevro (NYSE: NVRO) for possible breaches of fiduciary duty and other violations of law in its transaction with Globus Medical. 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, Nevro stockholders will receive only $5.85 per share, representing a total equity value of app

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb” (Good) of ACMAT Corporation (ACMAT) (Farmington, CT) [OTC Market: ACMT]. Concurrently, AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term ICR of “a” (Excellent) of ACMAT’s wholly owned subsidiary, ACSTAR Insurance Company (ACSTAR) (Chicago, IL). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect ACSTAR’s balance sheet stren

WASHINGTON--(BUSINESS WIRE)--CFP Board today announced that Kevin R. Keller, CAE, will retire as Chief Executive Officer on April 30, 2026, after serving nearly two decades as the organization’s leader. The Board of Directors has initiated a planned succession process to ensure a smooth leadership transition. “Kevin's visionary leadership has transformed CFP Board and the financial planning profession,” said Liz Miller, CFP®, CFA®, Chair of the Board of Directors of CFP Board. “Under his stewar

NEW YORK--(BUSINESS WIRE)--PensionBee, a leading online retirement provider, has partnered with SS&C Technologies to introduce a new Safe Harbor IRA for employers and former employees. This collaboration leverages SS&C’s Automated Rollover Program (ARP) to streamline the rollover process. PensionBee’s Entry into the U.S. Market Founded in 2014, PensionBee has grown to manage over $7 billion in assets for more than 265,000 customers worldwide. The company launched in the U.S. in 2024, br

BOSTON--(BUSINESS WIRE)--BrightShore Insurance Company “BrightShore” has announced its launch in New Jersey, offering a solution to coastal homeowners' insurance needs. Addressing the common issue of inadequate flood coverage, BrightShore provides a single policy that combines comprehensive traditional homeowners insurance with full flood protection. Managed by the experienced team at ShoreOne Insurance Managers, BrightShore, has been assigned a Financial Stability Rating® of A, Exceptional, by

CINCINNATI--(BUSINESS WIRE)--Great American’s Executive Liability Division is pleased to announce the expansion of its D&O Liability coverage for Community Associations.

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Pacific Life announced today the promotion of Karen Neeley to senior vice president of the Institutional Retirement Solutions Group and Patricia Thompson to senior vice president and chief compliance and ethics officer. “I’m pleased to congratulate Karen and Patricia on their well-deserved promotions. Both have demonstrated distinct leadership qualities and accomplishments that extend beyond their own functions,” said Pacific Life President and CEO Darryl

CHEVY CHASE, Md.--(BUSINESS WIRE)--Forbright Bank successfully closed a $44.2 million HUD loan for a skilled nursing, assisted living, and memory care facility in California. The financing, provided under the HUD 232/223(f) program, will support a 318-bed facility as it provides seniors in the San Jose area with personalized and specialized care. The loan was closed in partnership with Forbright Bank’s Healthcare Lending team which provided bridge financing for the acquisition of the facility i

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 24 classes from Freddie Mac Structured Agency Credit Risk (STACR®) REMIC 2025-HQA1 Notes, Freddie Mac STACR REMIC Trust 2025-HQA1 (STACR 2025-HQA1), a credit risk sharing transaction with a total note offering of $620,000,000. STACR 2025-HQA1 features loans with loan-to value (LTV) ratios greater than 80%, but less than or equal to 97%. The Offered Notes represent obligations of the STACR 2025-HQA1 Trust in a credit-linked note stru

SAN DIEGO--(BUSINESS WIRE)--Johnson Fistel, LLP announces that a class action lawsuit has commenced on behalf of investors of ModivCare, Inc. (NASDAQ: MODV). The lawsuit seeks to recover losses on behalf of investors who acquired securities between November 3, 2022, and September 15, 2024. Investors have until March 31, 2025, to apply to the Court to be appointed as lead plaintiff in the lawsuit. If you incurred significant losses and want to act as the lead plaintiff in the ModivCare, Inc. cla

NEW YORK--(BUSINESS WIRE)-- #brandmanagement--Marvia introduces Social Campaigns, the world's first solution combining hyperlocal social media with creative automation for multi-location brands.

PADUCAH, Ky.--(BUSINESS WIRE)--CSI's new solution equips bank tellers with real-time check fraud detection capabilities and more.

SAN FRANCISCO--(BUSINESS WIRE)-- #agexpansion--Andersen Global bolsters its platform in Europe through a Collaboration Agreement with Allyum, a leading Mergers & Acquisitions (M&A) firm in Belgium.

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--In a new commentary, AM Best notes that policyholders in California had increasingly turned to the state’s insurer of last resort and nonadmitted market for homeowners’ coverage prior to the wildfires due to reduced availability from primary insurers. The Best’s Commentary, “California Wildfires: Multiple Credit Negative Impacts for Insurers,” notes that given heightened losses in recent years owing to a greater frequency of severe wildfire events, many voluntary

LONDON & NEW YORK--(BUSINESS WIRE)-- #AI--Auquan’s AI platform empowers teams to escape the cycle of manual data gathering & focus on driving value creation, enhancing stakeholder engagement.

CHICAGO--(BUSINESS WIRE)--Today, W. Capra announced that the recently acquired Impact 21 business will be operating fully as W. Capra and unveiled a new company brand to reflect the change. "When W. Capra and Impact 21 joined forces last April, we were excited about the opportunities to combine our strengths and better serve our clients and their respective industries," said Mike Streams, Partner at W. Capra. "This final step of representing both organizations under one brand fully positions us

CHICAGO--(BUSINESS WIRE)-- #AI--Cognida.ai, a leader in practical AI solutions for enterprises, today announced the successful close of its $15 million Series A funding round, led by Nexus Venture Partners. This investment validates Cognida.ai's unique approach to making AI implementation practical and financially impactful for enterprises, demonstrated through successful deployments at over 30 leading organizations.. In a market where 80% of AI projects fail and implementation typically takes 6-8 mo

LOS ANGELES--(BUSINESS WIRE)--True Religion is kicking off 2025 with the launch of its new brand platform, “Own Your True.”

NEW YORK--(BUSINESS WIRE)--Herrick announced today that Milton Springut, an intellectual property practitioner widely regarded for his work on disputes involving computers and electrical systems as well as luxury fashion brands, has joined the firm as partner from Moses & Singer LLP. Springut’s longtime colleague Caroline Boehm, a trademark and copyright lawyer, has also joined Herrick as counsel. “Herrick continues to expand the breadth and depth of capabilities in our IP practice,” said B