Lastest from Businesswire
Gramercy Funds Management LLC Names Sara Schaefer Muñoz as Managing Director, Head of Content and Communications
GREENWICH, Conn.--(BUSINESS WIRE)--Gramercy Funds Management LLC (“Gramercy”), a $6 billion global emerging markets alternatives investment manager, is pleased to announce that Sara Schaefer Muñoz has joined the firm in the newly created role of Managing Director, Head of Content and Communications. Ms. Muñoz will be based in Gramercy’s Greenwich office and will work closely with Managing Partner and Chief Investment Officer, Robert Koenigsberger, Chair, Mohamed A. El-Erian and President, Tom H
A.R.I. Provides $10 Million Financing Facility to Monalee to Accelerate the Energy Transition with AI-Powered Software
ST. PETERSBURG, Fla.--(BUSINESS WIRE)-- #ARI--A.R.I. provides $10M financing to Monalee, driving the clean energy transition with AI-powered software that simplifies solar adoption and cuts costs.
Ameriprise Financial Announces Schedule for Fourth Quarter 2024 Investor Conference Call
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) plans to announce its fourth quarter 2024 financial results on Wednesday, January 29, 2025 after the close of the New York Stock Exchange. The company will host a conference call to discuss the results on Thursday, January 30, 2025 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
Newly Launched Permuto Capital Announces Filing of Registration Statement for New Type of Equity Product
NEW YORK & SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--Permuto Capital LLC (Permuto), a joint venture between 3V Capital Partners SE LLC (3V Capital Partners) and Chia Network Inc. (Chia), today announced that a new voting trust investment vehicle (Trust) formed by Permuto has filed a registration statement with the Securities and Exchange Commission (SEC) relating to a proposed public offering of a new type of equity product. Permuto will act as the trust administrator of the Trust. The prod
Slingshot Aerospace Selected to Provide Technology to USSF to Detect GPS Jamming and Spoofing Threats to International Security
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Slingshot Aerospace, Inc., the leader in AI-powered solutions for satellite tracking, space traffic coordination, and space modeling and simulation, today announced it has been awarded $1.9 million from the United States Space Force’s (USSF) Space Systems Command (SSC) to further develop Slingshot’s existing GPS jamming and spoofing detection, as well as more precisely geolocate the sources and predict patterns of interference. Intentional GPS spoofing–a mal
Farmers National Bank Bolsters Executive Team with Chief Banking Officer Appointment
CANFIELD, Ohio--(BUSINESS WIRE)--Farmers National Bank announces the appointment of a key executive position. The role of Chief Banking Officer will be filled by Tim Shaffer, a tenured leader of the organization who most recently served as Chief Credit Officer. After joining Farmers in 2011, Shaffer went on to hold various leadership positions within the bank, including Commercial Lending Team Leader, Director of Commercial Banking/Private Banking Services, Mahoning Valley Regional President, a
Alight Announces Rob Sturrus as Chief Client Officer
CHICAGO--(BUSINESS WIRE)--Alight announced the promotion of Rob Sturrus to Chief Client Officer.
Attentive’s AI Marketing Innovations and Business Milestones Set New Standards Heading into 2025
NEW YORK--(BUSINESS WIRE)--Attentive®, the innovative leader in AI-powered mobile marketing, kicks off 2025 with a series of achievements that solidify its position as the frontrunner in transforming brand-to-consumer communication into personalized, impactful experiences for the world’s top brands. Patent Lawsuit Wins In December 2024, Attentive reached a favorable settlement in its patent infringement lawsuit against Emotive, receiving an undisclosed monetary payment. As part of the agreement
Fortune 500 HR Leaders Say Flexible, Employer-Sponsored Child Care Benefits Are Essential for Employers in Today’s Market
PORTLAND, Ore.--(BUSINESS WIRE)--A new report from KinderCare Learning Companies, Inc. (NYSE: KLC) (“KinderCare”), the nation’s leading provider of high-quality early childhood education by center capacity, reveals that employer-sponsored child care benefits are a strategic necessity for Fortune 500 companies in the competition for top talent. The 2025 KinderCare CHRO Perspectives Survey, conducted by The Harris Poll, highlights human resources leaders’ recognition of the critical role child ca
Community Trust Bancorp, Inc. Reports Earnings for the 4th Quarter and Year 2024
PIKEVILLE, Ky.--(BUSINESS WIRE)--Community Trust Bancorp, Inc. (NASDAQ-CTBI): Earnings Summary Earnings Summary (in thousands except per share data) 4Q 2024 3Q 2024 4Q 2023 Year 2024 Year 2023 Net income $22,493 $22,142 $18,659 $82,813 $78,004 Earnings per share $1.25 $1.23 $1.04 $4.61 $4.36 Earnings per share - diluted $1.25 $1.23 $1.04 $4.61 $4.36 Return on average assets 1.47% 1.50% 1.30% 1.41% 1.40% Return on average equity 11.77% 11.77% 10.98% 11.31% 11.75% Efficiency
Priority Announces Secondary Offering of Common Stock
ALPHARETTA, Ga.--(BUSINESS WIRE)--Priority Technology Holdings, Inc. (NASDAQ: PRTH) (“Priority” or the “Company”), the payments and banking solution that streamlines collecting, storing, lending and sending money to unlock revenue opportunities, announced today that it has commenced an underwritten secondary offering for 9,157,600 shares of Priority’s common stock to be sold by certain selling stockholders. In conjunction with the offering, certain selling stockholders intend to grant to the un
RF Investment Backs Leading Vital Care Franchisee to Expand Access for Critical Infusion Therapies
NEW YORK--(BUSINESS WIRE)--RF Investment Partners, a provider of flexible growth capital, is pleased to announce its majority investment in Valley Infusion, LLC and Home Infusion Richmond, LLC (together “Valley Vital”) — a leading franchisee within the Vital Care Infusion Services (“Vital Care”) franchise system. Operating infusion therapy pharmacies across four territories of Virginia and West Virginia, Valley Vital provides a wide range of infusion services to enable chronic and acute patient
Maki Raised $28.6M Series A to Redefine HR with Conversational AI Agents
NEW YORK--(BUSINESS WIRE)--Maki, the conversational AI agent transforming talent acquisition, has announced the successful closing of its $28.6 million Series A funding round. The round was led by Blossom Capital, with participation from DST Global and existing investors Frst, GFC, and Picus Capital. In 2024, Maki experienced over 300% growth, driven by large-scale contracts with Fortune 500 companies such as H&M, BNP Paribas, PwC, Deloitte, FIFA, Abercrombie, and Capgemini. These organizat
Innovative Lab Services LLC Acquires PL Consultants, LLC to Expand Scientific Capabilities and Service Offerings
COLUMBUS, Ohio--(BUSINESS WIRE)--Innovative Lab Services (ILS), a premier provider of laboratory solutions, today announced the acquisition of PL Consultants (PLC), a leading provider of lab management services. This acquisition marks an exciting new chapter for both organizations, which have a long and trusted history of working together with overlapping customers. Through this acquisition, ILS strengthens its position as an industry leader by combining its extensive analytical instrument serv
BlackRock Reports Full Year 2024 Diluted EPS of $42.01, or $43.61 as Adjusted; Fourth Quarter 2024 Diluted EPS of $10.63, or $11.93 as Adjusted
NEW YORK--(BUSINESS WIRE)--BlackRock, Inc. (NYSE: BLK) today reported financial results for the three months and year ended December 31, 2024. $11.6 trillion in AUM following a record $641 billion of full year net inflows, including $281 billion in the fourth quarter 14% increase in full year revenue driven by the positive impact of markets on average AUM, organic base fee growth, and fees on AUM acquired in the GIP Transaction, as well as higher performance fees and technology service revenue