Lastest from Businesswire

IRVINE, Calif.--(BUSINESS WIRE)--Pat Mercuri, President and Founder of Managed Direct Response, has been nominated for the prestigious Orange County Business Journal (OCBJ) Excellence in Entrepreneurship Awards for an extraordinary 11th consecutive year. This recognition highlights Pat’s exceptional leadership and his embodiment of the entrepreneurial spirit that drives success in Orange County. Pat Mercuri is widely acknowledged as a trailblazer and innovator in the direct marketing and lead g

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Thread Bank (“Thread”) today announced the appointment of D. Rickman Davis as its new Chief Credit Officer. With an extensive background in credit risk and proven leadership in the banking industry, Davis will play an essential role in further strengthening Thread’s credit portfolio and supporting its long-term growth strategy. As Chief Credit Officer, Davis will oversee the Bank’s credit risk management strategy, ensuring the strength and stability of its len

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced its board of directors approved a quarterly common stock dividend of $0.40 per share, payable March 1, 2025, to stockholders of record on Feb. 7, 2025. About Wells Fargo Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and comme

MINNEAPOLIS--(BUSINESS WIRE)--Gunjan Kedia to become CEO of U.S. Bancorp in mid-April; Company chairman and CEO Andy Cecere to serve in executive chairman role

HOUSTON--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) today named Maeve Culloty as Executive Vice President, President and CEO of HPE Financial Services, effective May 1, 2025. Culloty joined the company in 2007 and has held numerous senior management roles leading global and geo businesses to success. Most recently serving as the Chief of Staff to HPE President and CEO Antonio Neri, Culloty will continue to report to Neri and serve on the company’s executive committee. Culloty will

HOUSTON--(BUSINESS WIRE)--Bridgeway Capital Management, an investment firm focused on stewardship and long-term, disciplined processes grounded in academic theory and fundamental insights, today announced the appointment of Seema Ackerman as Head of Distribution, Marketing, and Client Service. “We are thrilled to welcome Seema to Bridgeway Capital Management,” said John Montgomery, Founder and CEO at Bridgeway Capital Management. “The alignment of Seema’s values with Bridgeway’s and her extensi

WASHINGTON--(BUSINESS WIRE)--Penzance, along with its partner TriWest Multifamily, announced today the off-market acquisition of Stoney Trace Apartments, a 380-unit multifamily community in Charlotte, North Carolina. Penzance has been a leading owner, operator, developer and investor in the Mid-Atlantic region for more than a quarter of a century, and this acquisition adds to its robust Mid-Atlantic portfolio of residential, mixed-use, industrial and data center projects. Stoney Trace is locate

AUSTIN, Texas--(BUSINESS WIRE)--Whole Foods Market Launches New Seafood Code of Conduct to Advance Human Rights and Social Responsibility in the Supply Chain

SAN DIEGO--(BUSINESS WIRE)--Johnson Fistel, LLP announces that a class action lawsuit has commenced on behalf of investors of Nextracker Inc. (NASDAQ: NXT). The lawsuit seeks to recover losses on behalf of investors who acquired securities between February 1, 2024 and August 1, 2024. Investors have until February 25, 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 Nextracker Inc. class

CHICAGO--(BUSINESS WIRE)--Alex Schwartz Joins Sheppard Mullin's Corporate Group In Chicago.

SAN DIEGO--(BUSINESS WIRE)--Yesterday, the nationally recognized law firm Baron & Budd filed public nuisance lawsuits against social media companies Meta, Snap, Google, YouTube, and TikTok. The lawsuits, filed on behalf of the people of the state of California in San Diego, Sacramento, and Del Norte Counties, allege that the defendant social media companies have created a public nuisance and health crisis among minors who have developed compulsive and addictive behaviors due to social media

ATLANTA--(BUSINESS WIRE)--Assurant, Inc. (NYSE: AIZ), a leading global business services company that supports, protects, and connects major consumer purchases, including automobiles, today announced the Assurant Foundation’s donation of $30,000 to sponsor the National Automobile Dealers Association (NADA) Foundation’s Workforce Initiative, which promotes the value of dealership roles and facilitates access to educational resources. Jeff Strickland, executive vice president and president, Assur

MILWAUKEE--(BUSINESS WIRE)--Ademi & Fruchter LLP is investigating Logility (Nasdaq: LGTY) for possible breaches of fiduciary duty and other violations of law in its transaction with Aptean. 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 tender offer transaction, Logility stockholders will receive only $14.30 per share in an all-cash transaction.

DENVER--(BUSINESS WIRE)--FluentStream, the leading provider of enterprise-grade business phone services and communications software for small and medium-sized organizations, today announced executive leadership changes. CEO Cass Gilmore has transitioned to chairman of the company, and Chief Operating Officer Kerrin Parker has been appointed as his successor. Gilmore joined FluentStream as CEO in 2018, overhauling the company’s strategy to accelerate growth and transform FluentStream into a cate

HOUSTON--(BUSINESS WIRE)--Current Hydro, a leading sustainable hydropower solutions developer, today announced its 28.5 MW Robert C. Byrd Locks and Dam Hydroelectric Project (RC Byrd Hydroelectric Project [FERC No. P-15094]) in Mason County, West Virginia. The project aims to harness the Ohio River’s current to deliver reliable, carbon-free energy while preserving the environment and generating value for the local economy and communities. The project is a result of a close collaboration between

HOUSTON--(BUSINESS WIRE)--Codenotary Inc., a global leader in software supply chain security, reports record sales growth for the fiscal year 2024, driven by the widespread adoption of its flagship product, Trustcenter, and the launch of the new product Guardian. Together, these products provide a comprehensive solution for securing the full lifecycle secure application development and deployment, ensuring unparalleled levels of trust and resilience. With a surge in sales across critical sector

NEW YORK--(BUSINESS WIRE)--BlackRock, Inc. (NYSE:BLK) today announced that Martin S. Small, Chief Financial Officer, is scheduled to speak at the 2025 Bank of America Securities Financial Services Conference on February 11th, 2025, beginning at approximately 9:40 a.m. ET. A live webcast will be accessible via the “Investor Relations” section of BlackRock’s website, www.blackrock.com. A replay of the webcast will be available within 24 hours of the presentation and will remain accessible through

WASHINGTON--(BUSINESS WIRE)--FINRA published today the 2025 FINRA Regulatory Oversight Report—a vital information resource comprising observations from across FINRA’s Member Supervision, Market Regulation and Enforcement programs that member firms can use throughout the year to strengthen their compliance programs. The report reflects FINRA’s commitment to providing transparency to member firms and the investing public about its regulatory observations and activities. “This report is a valuable

ROSEMONT, Ill.--(BUSINESS WIRE)--Wynnchurch Capital, L.P. (“Wynnchurch”), a leading middle-market private equity firm, announced today that it has acquired Astro Shapes, LLC (“Astro Shapes” or the “Company”) from Monomoy Capital Partners in partnership with management. Founded in 1971 and headquartered in Struthers, Ohio, Astro Shapes is a leading manufacturer of custom aluminum extrusions. The Company primarily serves the building products and recreational vehicle markets through three facilit

COLUMBUS, Ohio--(BUSINESS WIRE)-- #AI--The year of ITSM modernization: agility, automation and AI take center stage. Agile, no-code tech accelerates adoption and improves user experience.