Lastest from Businesswire
Toku Raises $48 Million Series A
NEW YORK--(BUSINESS WIRE)--Toku, an account receivable SaaS platform, announced today that it has raised $48 million in Series A funding, bringing its total funding to $55 million. With this fundraise, Toku and CEO Cristina Etcheberry have raised the largest Series A by a female founder in Latin America. The round was led by Oak HC/FT, representing its fourth fintech investment in LatAm in the past three years. Existing investors, including Gradient Ventures (one of Google’s investment funds),
Fifth Third Bancorp Reports First Quarter 2025 Diluted Earnings Per Share of $0.71
CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp Reports First Quarter 2025 Diluted Earnings Per Share of $0.71
Global Payments Announces Agreements to Acquire Worldpay and Divest Issuer Solutions
ATLANTA--(BUSINESS WIRE)-- #globalpayments--Global Payments Inc. today announced definitive agreements to divest its Issuer Solutions business to FIS and acquire Worldpay from GTCR and FIS.
FIS Announces Sale of Worldpay Stake and Strategic Acquisition of Global Payments’ Issuer Solutions Business
JACKSONVILLE, Fla.--(BUSINESS WIRE)--FIS® (NYSE: FIS), (the “Company”) a global leader in financial technology, today announced it has entered into a definitive agreement to acquire 100% of Global Payments' (NYSE: GPN) Issuer Solutions business for an enterprise value of $13.5 billion, or a net purchase price of $12 billion including $1.5 billion of anticipated net present value of tax assets. Concurrently, FIS has entered into a definitive agreement to sell its stake in Worldpay to Global Paym
SFNet Releases Q4 2024 Asset-Based Lending and Confidence Indexes
NEW YORK--(BUSINESS WIRE)--SFNet Releases Q4 2024 Asset-Based Lending and Confidence Indexes
Hercules Capital Announces Date for Release of First Quarter 2025 Financial Results and Conference Call
SAN MATEO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that it has scheduled its first quarter 2025 financial results conference call for Thursday, May 1, 2025, at 2:00 p.m. PT (5:00 p.m. ET). Hercules will release its financial
Solid performance. A strong foundation. Regions reports first quarter 2025 earnings of $465 million, earnings per diluted share of $0.51; Adjusted earnings(1) of $487 million, adjusted earnings per diluted share(1) of $0.54
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Financial Corp. (NYSE:RF) today reported earnings for the first quarter ended March 31, 2025.
QXO Announces Pricing of Common Stock Offering
GREENWICH, Conn.--(BUSINESS WIRE)--QXO, Inc. (NYSE: QXO) (the “Company” or “QXO”) today announced the pricing of its previously announced public offering of 37,735,850 shares of its common stock (the "Offering") at a price to public of $13.25 per share. The Offering is expected to close on April 21, 2025, subject to customary closing conditions. QXO has granted the underwriters of the Offering an option to purchase up to an additional 5,660,377 shares of common stock at the public offering pric
Strategic Storage Trust VI, Inc. Announces Opening of New Self-Storage Facility in the Greater Toronto Area of Ontario, Canada
LADERA RANCH, Calif.--(BUSINESS WIRE)--Strategic Storage Trust VI, Inc. (“SST VI”), a publicly registered non-traded real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE:SMA) , in partnership with SmartCentres (TSX: SRU.UN), is pleased to announce the opening of a new Class A self-storage facility in Toronto, Ontario, Canada. Strategically located at 494 Gilbert Avenue, the six-story facility features approximately 120,000 net rentable
Kirby McInerney LLP Urges Investors in Maravai Lifesciences Holdings, Inc. to Inquire About Their Rights in Class Action Lawsuit
NEW YORK--(BUSINESS WIRE)---- $MRVI #CLASSACTIONLAWSUIT--The law firm of Kirby McInerney LLP reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Southern District of California on behalf of those who acquired Maravai Lifesciences Holdings, Inc. (“Maravai” or the “Company”) (NASDAQ:MRVI) securities during the period from August 7, 2024, through February 24, 2025 (“the Class Period”). Investors have until May 5, 2025, to apply to the Court to be appointed as lead plaintiff in the la
KBRA Releases Research – Tariffs and Market Volatility: Potential Impacts on Insurance Sector
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases research examining the impact of the ongoing tariff disputes and related trade tensions, with a focus on emerging credit challenges for the sector. Notably, KBRA observes that the primary, secondary, and tertiary effects will differ significantly based on the specific lines of business underwritten, as well as the strength of an insurer’s capitalization, risk management framework, and liquidity profile. While property and casualty (P&C) insurers—part
Dun & Bradstreet Offers Complimentary Supply Chain Evaluation
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Dun & Bradstreet, (NYSE:DNB), a leading global provider of business data and analytics, today introduced a complimentary supply chain evaluation that equips businesses with information to help them understand potential risks and opportunities within their supply chains. The evaluation provides a view of expenses resulting from planned or proposed tariffs on a business’ supply chain using Dun & Bradstreet’s proprietary data to illuminate how dependenc
Correction: Hercules Capital Receives Secured Debt Rating Upgrade to BBB from Fitch Ratings, Inc.
SAN MATEO, Calif.--(BUSINESS WIRE)--This press release corrects, replaces and entirely supersedes a prior version published on April 16, 2025. Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that Fitch Ratings, Inc. (“Fitch”) has upgraded Hercules’ senior s
Synovus Announces Earnings for First Quarter 2025
COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus Financial Corp. today reported financial results for the quarter ended March 31, 2025.
2SEVENTY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of 2seventy bio, Inc. - TSVT
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of 2seventy bio, Inc. (NasdaqGS: TSVT) to Bristol Myers Squibb (NYSE: BMY). Under the terms of the proposed transaction, shareholders of 2seventy will receive $5.00 in cash for each share of 2seventy that they own. KSF is seeking to determine whether this consideration and the process that led to it ar
NEUEHEALTH INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of NeueHealth, Inc. - NEUE
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of NeueHealth, Inc. (NYSE: NEUE) to an affiliate of New Enterprise Associates. Under the terms of the proposed transaction, shareholders of NeueHealth will receive $7.33 in cash for each share of NeueHealth that they own. KSF is seeking to determine whether this consideration and the process that led to it are ad
PFD, PFO, FFC, FLC and DFP Announce Dividends for May, June and July
PASADENA, Calif.--(BUSINESS WIRE)--The Boards of Directors of Flaherty & Crumrine Preferred and Income Fund Incorporated (NYSE: PFD), Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated (NYSE: PFO), Flaherty & Crumrine Preferred and Income Securities Fund Incorporated (NYSE: FFC), Flaherty & Crumrine Total Return Fund Incorporated (NYSE: FLC) and Flaherty & Crumrine Dynamic Preferred and Income Fund Incorporated (NYSE: DFP) today announced that they have d
NORDSTROM INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Nordstrom, Inc. - JWN
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Nordstrom, Inc. (NYSE: JWN) to Erik, Pete, Jamie Nordstrom and other members of the Nordstrom family (collectively, the “Nordstrom Family”) and El Puerto de Liverpool, S.A.B. de C.V. Under the terms of the proposed transaction, shareholders of Nordstrom will receive $24.25 in cash for each share of Nordstrom t
DXC Technology to Report Fourth Quarter and Full Fiscal Year 2025 Results on Wednesday, May 14, 2025
ASHBURN, Va.--(BUSINESS WIRE)--DXC Technology (NYSE: DXC) today announced that it will release its fiscal fourth quarter and full year 2025 financial results on Wednesday, May 14, 2025, at approximately 4:15 p.m. Eastern Time (ET). Following the release, DXC Technology’s senior management will host a conference call and webcast at 5:00 p.m. ET. The dial-in number for domestic callers is 888-330-2455. Callers who reside outside of the United States should dial +1-240-789-2717. The passcode for a
CSB Bancorp, Inc. Reports First Quarter Earnings
MILLERSBURG, Ohio--(BUSINESS WIRE)--CSB Bancorp, Inc. (OTC Pink: CSBB) First Quarter Highlights Quarter Ended March 31, 2025 Quarter Ended March 31, 2024 Diluted earnings per share $ 1.37 $ 1.10 Net Income $ 3,616,000 $ 2,933,000 Return on average common equity 12.58 % 10.84 % Return on average assets 1.22 % 1.02 % CSB Bancorp, Inc. (OTC Pink: CSBB) today announced first quarter 2025 net income of $3,616,000 or $1.37 per basic and diluted shar