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Worldwide PC Shipments Declined 2.7% Year Over Year in the Fourth Quarter of 2023 but Visions of Growth Lie Ahead, According to IDC

Wed, 01/10/2024 - 11:51
NEEDHAM, Mass.--(BUSINESS WIRE)-- #Apple--Global shipments of traditional PCs surpassed expectations in Q4 2023 with 67.1 million PCs shipped, down 2.7% from the prior year, according to IDC.

Brian Crane, CEO of Intero, a Berkshire Hathaway Affiliate, Named Among the 2024 Swanepoel Power 200 List

Wed, 01/10/2024 - 11:51
CUPERTINO, Calif.--(BUSINESS WIRE)-- #BrianCrane--Intero, a Berkshire Hathaway affiliate and wholly owned subsidiary of HomeServices of America, Inc., is proud to announce its Chief Executive Officer, Brian Crane, has been named on the 2024 Swanepoel Power 200 (SP 200) list. The SP 200 ranks the most powerful and influential leaders and executives in the residential real estate brokerage industry. Highly regarded within the real estate community, Brian is an industry veteran of more than three decades and on

Sunlight Financial in Partnership with Cross River Bank Announce the Successful Sale of Approximately $300 Million Solar Loan Asset Pool

Wed, 01/10/2024 - 11:51
CHARLOTTE, N.C.--(BUSINESS WIRE)--Sunlight Financial Holdings Inc. (“Sunlight”), a leading point-of-sale finance company advancing the clean energy transition with technology-driven solutions, today announced a significant transaction in partnership with Cross River Bank (“Cross River”). Together, Sunlight and Cross River sold a pool of approximately $300 million in solar loan assets, demonstrating strong market confidence in Sunlight-sourced solar loans. The pool was acquired by a leading inte

Bespoke Partners Initiates Coverage of Healthcare IT Sector, Delivering Curated Access to High-Impact Software and SaaS Leaders

Wed, 01/10/2024 - 11:51
SAN DIEGO--(BUSINESS WIRE)-- #bespokepartners--Bespoke Partners, recognized as the largest executive search firm focused on software, announced today it is initiating coverage of the Healthcare IT sector to provide clients with curated access to its extensive network of software and SaaS leaders. Bespoke has completed 80 successful placements of top executives in private equity portfolio companies that are pioneering Healthcare IT applications. This heightened focus is a significant extension of Bespoke's Private

Built In Honors doxo in its 2024 Best Places to Work Awards

Wed, 01/10/2024 - 11:51
SEATTLE--(BUSINESS WIRE)--doxo today announced it was named to the Built In 2024 Best Places to Work Awards, earning a place on Seattle’s “Best Places to Work” and “Best Midsize Places to Work” lists. The annual awards program includes companies of all sizes, from startups to those in the enterprise, and honors both remote-first employers as well as companies in large tech markets across the U.S. “It’s an absolute honor to be recognized by Built In as one of the best Seattle-based workplaces fo

Robert E. (“Bobby”) Krimmel Named Chief Administrative Officer

Wed, 01/10/2024 - 11:51
COLUMBIA, Tenn.--(BUSINESS WIRE)--First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that Robert E. (“Bobby”) Krimmel was named to the newly created position as Chief Administrative Officer in addition to continuing as the Chief Financial Officer of First Farmers and Merchants Corporation. “Bobby Krimmel joined First Farmers in 2015 as Chief Financial Officer and his strong skills in financial management had an imm

Property Fintech Downpayments Launches with $32.8M in Initial Capital to Unlock Equity and Fast-Track Financial Independence for Property Investors

Wed, 01/10/2024 - 11:51
MIAMI--(BUSINESS WIRE)--Downpayments, which provides interest-free down payments for property investors, announced today the general availability of its services in Florida, in addition to $32.8M in initial debt funding from Partners for Growth, and equity from Second Century Ventures (backed by the National Association of Realtors). The company will use this new injection of capital to power over $200M in investment property transactions. Mortgage rates skyrocketing to nearly 8% this year has

NineDot Energy Raises $225 Million in Equity Financing to Build and Operate Distributed Battery Energy Storage Projects

Wed, 01/10/2024 - 11:51
NEW YORK--(BUSINESS WIRE)--NineDot Energy®, the leading developer of community-scale battery energy storage systems (BESS) in the New York City metropolitan area, today announced that it secured an additional $225 million equity capital commitment from Manulife Investment Management as well as Carlyle (NASDAQ: CG), NineDot’s existing institutional equity investor. Manulife Investment Management led the round with a $135 million commitment and concurrently acquired an equity interest. This new e

Berkshire Partners Managing Directors Candice Corvetti and Drew Walker Named to GrowthCap's “Top 40 Under 40 Growth Investors of 2023”

Wed, 01/10/2024 - 11:51
BOSTON--(BUSINESS WIRE)--Berkshire Partners is pleased to announce Managing Directors Candice Corvetti and Drew Walker have been named to GrowthCap’s “Top 40 Under 40 Growth Investors of 2023” list. GrowthCap’s 10th annual list recognizes the industry’s leading private capital investment professionals for their leadership qualities and overall contributions to deal activity. Ms. Corvetti was promoted to Managing Director at Berkshire Partners in 2023. She is a leader within the firm’s Services

Prometheum Receives First of Its Kind Approval From FINRA to Clear and Settle Digital Asset Securities

Wed, 01/10/2024 - 11:51
NEW YORK--(BUSINESS WIRE)--Prometheum Inc., today announced its plan to launch its digital asset securities custody platform in Q1 2024. Following its recent membership approval with Financial Industry Regulatory Authority (“FINRA”) to operate as a Special Purpose Broker-Dealer (“SPBD”) to custody digital asset securities, Prometheum Capital LLC, a subsidiary of Prometheum Inc., today expanded its business to include clearing and settlement of digital asset security trades for its affiliate, Pr

First Eagle Continues to Build out High Yield Municipal Credit Team

Wed, 01/10/2024 - 11:51
NEW YORK--(BUSINESS WIRE)--First Eagle Investments (“First Eagle”) today announced the addition of two credit analysts to its growing High Yield Municipal Credit team. John Suh and Andrew Belsky—based in New York and Chicago, respectively—will join as credit analysts in the coming weeks and will be responsible for multi-sector underwriting, credit monitoring and portfolio analysis. Reporting to John Miller, Head and Chief Investment Officer of the High Yield Municipal Credit Team, Suh and Belsk

Ameriprise Financial Announces Schedule for Fourth Quarter 2023 Investor Conference Call

Wed, 01/10/2024 - 11:51
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) plans to announce its fourth quarter 2023 financial results on Wednesday, January 24, 2024 after the close of the New York Stock Exchange. The company will host a conference call to discuss the results on Thursday, January 25, 2024 at 9:00 a.m. (ET). Live audio of the conference call, presentation slides and an audio replay will be available on the Ameriprise Financial Investor Relations website at ir.ameriprise.com. At Amerip

FINRA Foundation Research Examines Investors of Color

Wed, 01/10/2024 - 11:51
WASHINGTON--(BUSINESS WIRE)--The FINRA Investor Education Foundation (FINRA Foundation) has released a new report, Investors of Color in the United States. The report examines the behavior and attitudes of investors of color based on data from FINRA Foundation’s National Financial Capability Study coupled with a series of focus groups conducted with young Black/African American, Hispanic/Latino and Asian American/Pacific Islander investors. The report shows that investors of color are entering

DCGO LOSS ALERT: ROSEN, LEADING INVESTOR COUNSEL, Encourages DocGo Inc. Investors to Inquire About Securities Class Action Investigation – DCGO

Wed, 01/10/2024 - 11:51
NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of DocGo Inc. (NASDAQ: DCGO) resulting from allegations that DocGo may have issued materially misleading business information to the investing public. SO WHAT: If you purchased DocGo securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen La

Cemvita Appoints Lisa Bromiley as Chief Financial Officer

Wed, 01/10/2024 - 11:51
HOUSTON--(BUSINESS WIRE)--Cemvita, a leading innovator in carbon utilization, proudly announces the appointment of Lisa Bromiley as its Chief Financial Officer (CFO). In her new role, Mrs. Bromiley will spearhead capital markets, strategic positioning, and financial management of the company, bringing with her over two decades of invaluable experience in energy and commodity-related finance. With Lisa Bromiley at the financial helm, Cemvita is poised to strengthen its position as a trailblazer

Michigan invests millions to build the United States’ strongest semiconductor workforce through higher education

Wed, 01/10/2024 - 11:51
LANSING, Mich.--(BUSINESS WIRE)-- #MichiganBusiness--The Michigan Economic Development Corporation (MEDC) announced $4.6 million in grants and matching funds in recent weeks to support eight local higher education institutions’ semiconductor education and training programs. These investments will directly benefit 2,400+ individuals throughout Michigan. This funding is a monumental step forward toward building the workforce needed to support the in-demand semiconductor chip industry, which is expected to see 11% jo

KBRA Assigns Preliminary Ratings to Towd Point Mortgage Trust 2024-CES1 (TPMT 2024-CES1)

Wed, 01/10/2024 - 11:51
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 31 classes of asset-backed securities from Towd Point Mortgage Trust 2024-CES1 (TPMT 2024-CES1), a $455.6 million RMBS transaction, as of November 30, 2023 (the Statistical Calculation Date), sponsored by FirstKey Mortgage, LLC (FirstKey). The underlying pool consisted of 6,096 closed-end second lien mortgages (CES; 100%) originated by PennyMac Corp. (PennyMac; 38.3%), Rocket Mortgage, LLC (Rocket; 30.6%), Spring EQ, LLC (Spring EQ;

KBRA Assigns Preliminary Ratings to MMAF Equipment Finance LLC 2024-A

Wed, 01/10/2024 - 11:51
NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA assigns preliminary ratings to four classes of notes issued by MMAF Equipment Finance LLC 2024-A (MMAF 2024-A), an equipment ABS transaction. MMAF 2024-A represents the 20th equipment ABS sponsored by MassMutual Asset Finance LLC (MMAF). MMAF is a wholly-owned subsidiary of Massachusetts Mutual Life Insurance Company and has an operating history dating back to 2003. The MMAF 2024-A transaction is secured by a portfolio of equipment lease and loan contracts, toget

DALBAR Recognizes Superiority in Mutual Fund Service Centers

Wed, 01/10/2024 - 11:51
MARLBOROUGH, Mass.--(BUSINESS WIRE)--DALBAR, Inc., the preeminent auditor of customer service within the financial services industry, proudly continues to unveil the distinguished recipients of the 2023 DALBAR Service Award. This week, the awardees of the Mutual Fund Service Award, recognized for their outstanding customer service support to their mutual fund shareholders are being announced: DWS JPMorgan Asset Management New York Life Investments Primerica Financial Services Putnam Investments

New Carallel, myFloc Partnership Poised to Make Financial Management Easier for Caregivers

Wed, 01/10/2024 - 11:51
CHICAGO--(BUSINESS WIRE)--New Carallel, myFloc Partnership Poised to Make Financial Management Easier for Caregivers

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