Lastest from Businesswire
KKR Sells CIRCOR Aerospace to Parker Hannifin for $2.55 Billion
NEW YORK & BURLINGTON, Mass.--(BUSINESS WIRE)--KKR and CIRCOR International (“CIRCOR” or the “Company”), a global manufacturer of flow control products for industrial, naval, and aerospace markets, today announced the signing of a definitive agreement to sell CIRCOR Aerospace, the Company’s aerospace division, to Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, for $2.55 billion. Funds managed by KKR first acquired CIRCOR for $1.8 billion in 2023 and
New Intapp Time release brings AI deeper into the time entry workflow to capture more billable hours and protect earned revenue
PALO ALTO, Calif.--(BUSINESS WIRE)--Our latest Intapp Time release introduces new AI capabilities and timekeeping experiences that make capturing every hour of work even more effortless.
KBRA Credit Ratings to Be Included in Bloomberg CMBS Index Methodology
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA today announced that its credit ratings will be incorporated into Bloomberg Index Services Limited’s CMBS index rating methodology, effective with the June 2026 month-end index rebalance. The Bloomberg CMBS index is a widely followed benchmark used by institutional investors to track the performance of U.S. commercial mortgage-backed securities and support portfolio construction, risk management, and relative value analysis. The index includes more than 2,300 sec
Amplify Appoints Industry Veteran Adam Scully-Power as Managing Director, Enterprise Strategy
SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- #advisortech--Amplify, the AI-native RIA growth platform built on data lake architecture, announced the appointment of Adam Scully-Power as MD, Enterprise Strategy
Dwight Capital and Dwight Mortgage Trust Finance Over $619MM in April 2026
MIAMI--(BUSINESS WIRE)--Dwight Capital and its affiliate REIT, Dwight Mortgage Trust (“DMT”), closed $619.5 million in real estate transactions in April, marking the firm's highest-volume month of the year to date. Leading the month’s activity, Dwight Capital closed a record-setting $130 million HUD 223(f) loan for The Gardens Residences, a 358-unit luxury high-rise in Downtown North Miami. This transaction achieved three notable milestones: it was the largest HUD loan ever closed in Florida, t
The AI-Native Enterprise Services Firm Backed by Anthropic, Blackstone, and Hellman & Friedman Announces Acquisition of Fractional AI
SAN FRANCISCO--(BUSINESS WIRE)--The recently announced AI-native enterprise services firm led by Anthropic, Blackstone, Hellman & Friedman, and others to help mid-size companies bring Claude into their core operations, today announced the acquisition of Fractional AI, a leading applied AI services company based in San Francisco. Fractional AI’s team and delivery capabilities will serve as the founding operational centerpiece of the new company. Fractional AI was founded in 2024 by Chris Tay
80% of Brand and Agency Marketers Optimize Without Verified Purchase Data — 35% Say Results Don’t Hold Up
NEW YORK--(BUSINESS WIRE)--Despite years of significant technological investments, most marketers still cannot connect ad exposure to actual purchases in real-time for measurement or optimization, according to new research released today by the Affinity Solutions Outcomes Marketing Council, a collaborative forum that includes leaders from DoubleVerify, Claritas, Lexitas and more, focused on advancing outcomes-based advertising and measurement. The study found that four in five respondents said
Shift4 Partners With Bar Rescue’s Jon Taffer for $100,000 “Rescue Mission” Contest
CENTER VALLEY, Pa.--(BUSINESS WIRE)--Shift4 (NYSE: FOUR), the global commerce technology provider powering the experience economy, today announced the launch of its third Shift4 Rescue Mission contest, partnering once again with hospitality expert and Bar Rescue star Jon Taffer. The program will award $100,000 to a community-focused restaurant or bar owner facing operational and financial challenges. Applications open today for restaurant owners nationwide seeking support to revitalize their bu
Pathward Financial, Inc. Declares Cash Dividend
SIOUX FALLS, S.D.--(BUSINESS WIRE)--Pathward Financial, Inc. ("Pathward Financial" or the “Company”) (Nasdaq: CASH), a U.S.-based financial holding company driven by its purpose to power financial inclusion for all, announced that the Company will pay a cash dividend of $0.05 per share for the third fiscal quarter of 2026. This dividend will be payable on July 1, 2026 to shareholders of record as of June 11, 2026. At March 31, 2026, the Company had total assets of $7.11 billion and shareholders
UNPACK ’26 SUMMER TRAVEL TRENDS: DOMESTIC DEMAND RISES AS TRAVELERS TAKE A MORE MEASURED APPROACH
SEATTLE--(BUSINESS WIRE)--Today, Expedia Group released Unpack ’26 Summer: The Trends in Travel, the latest edition of its industry-leading report, revealing how travel behavior is shaping summer travel decisions. Demand for domestic travel is dominating summer vacation planning. Social conversation about domestic vacations has increased by 77% year-over-year globally, doubling in the U.S. in particular, and 63% of U.S. travelers are planning a domestic trip this summer.* From major sporting ev
Meeting Between Senior Delegations of the Central Bank of Libya and Numisma Bank
GREENWICH, Conn.--(BUSINESS WIRE)--A delegation from Numisma Bank led by the bank’s Chairman and Chief Executive Officer and comprised of senior Compliance and Operations officials met with H.E. Naji Mohammed Issa, Governor of the Central Bank of Libya (“CBL”), and senior CBL officials in Tripoli. The two teams held high-level discussions on the historic structural reforms being implemented by H.E. Naji Mohammed Issa, and the rising confidence across various sectors of the international financi
Unum Group’s Board of Directors Votes to Increase Common Stock Dividend
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group (NYSE: UNM) announced today that its board of directors has authorized an increase of approximately 10 percent in the quarterly dividend paid on its common stock. The new rate of 50.5 cents per common share, or $2.02 per share on an annual basis, will be effective with the dividend expected to be paid in the third quarter of 2026. # # # Forward-Looking Statements Certain statements in this release constitute “forward-looking statements” within the
Cornerstone Adds AWS AI and Cloud Learning to Content Library and Expands AWS Marketplace Listing
SANTA MONICA, Calif.--(BUSINESS WIRE)--Integrated training in Cornerstone accelerates upskilling on AWS AI
As Inflation Reaccelerates, New doxo Report Reveals Geographic Disparities in US Household Bill Costs
SEATTLE--(BUSINESS WIRE)--doxo today released its 2026 State-by-State Bill Pay Market Report, a comprehensive analysis designed to frame the true cost of household obligations in an era of heightened economic uncertainty. The latest data reveals that the average American household pays a median of $2,095 per month toward essential bills—roughly 30% of the national median household income. However, financial pressure varies significantly by region; while residents in the most expensive states fa
Circle to Speak at Bernstein Conference’s 42nd Annual Strategic Decisions Conference
NEW YORK--(BUSINESS WIRE)--Circle Internet Group, Inc. (NYSE: CRCL) announced today that Jeremy Allaire, Co-Founder, Chairman and Chief Executive Officer, will participate in a fireside chat at the Bernstein 42nd Annual Strategic Decisions Conference on Thursday, May 28, 2026 at 8:00am ET. The live audio webcast of the session will be available on Circle’s Investor Relations website at www.circle.com/investors. For those unable to listen to the live webcast, a replay will be available on our we
Innovators, Entrepreneurs, and Community Turn Out for Irvine Tech Day
IRVINE, Calif.--(BUSINESS WIRE)--The first annual Irvine Tech Day, on May 8, 2026, was an overwhelming success, packing Irvine City Hall for a series of talks and panels, welcoming over 30 tech companies at Pop-Up Irvine, watching pitches from 16 cutting-edge startups at Pitch Irvine, and hosting more than 1,200 runners for the Irvine Dream Run on May 9, 2026 at the Great Park. Produced by Sunstone Investment Group with American Lending Center, the City of Irvine’s Councilmember William Go (Dis
SureCo Releases 2026 State of ICHRA Report, Declaring a Mainstream Moment for Employer Health Benefits
AUSTIN, Texas--(BUSINESS WIRE)--SureCo, the nation’s leading large-group Individual Coverage Health Reimbursement Arrangement (ICHRA) administrator, today published its 2026 State of ICHRA Report, the most comprehensive longitudinal study of the ICHRA market to date. Drawing on three consecutive years of nationwide survey data from 1,500 HR professionals, employees, and benefits consultants, the report documents 2026 as the year ICHRA crossed from early-adopter experiment to mainstream benefits
SS&C Announces $1.5 Billion Stock Repurchase Program, Common Stock Dividend of $0.27 Per Share
WINDSOR, Conn.--(BUSINESS WIRE)--SS&C Announces $1.5 Billion Stock Repurchase Program, Common Stock Dividend of $0.27 Per Share
SUI Group’s Total Treasury Holdings Rise to 108,793,779 SUI as of May 19, 2026
WAYZATA, Minn.--(BUSINESS WIRE)--SUI Group Holdings Limited (NASDAQ: SUIG) (“SUI Group,” “SUIG” or the “Company”), today announced that as of May 19, 2026, its total SUI holdings increased to 108,793,779 (including digital asset loans), primarily driven by lending activities in the SUI ecosystem and native staking rewards. The Company also noted that the discount of its share price to net asset value has compressed meaningfully in recent months reflecting new investments, the appreciation in th
Bitcoin for Corporations to Host the First Dedicated Institutional Bitcoin Symposium in New York City
NASHVILLE, Tenn.--(BUSINESS WIRE)--Bitcoin for Corporations (“BFC”), the premier executive network for corporate Bitcoin strategy, today announced that it will be hosting BFC in NYC - the first dedicated institutional Bitcoin symposium - in New York City. Taking place June 26, 2026, at The Glasshouse in Manhattan, the event is presented by Metaplanet and hosted by BFC. "New York is the capital of global finance, and there is no more fitting place for this conversation," said George Mekhail, Man

