Lastest from Businesswire

NEW YORK--(BUSINESS WIRE)--Morgan Stanley Wealth Management today announced the results of its quarterly retail investor pulse survey: Bearishness rose. The majority (51%) of investors are now bearish—up 9 percentage points from last quarter. Inflation tops tariffs as chief worry. Over two out of five (41%) investors say inflation is their top portfolio concern, followed by tariffs in second with 35%, and market volatility in third with 24%. Rate-cut optimism fades. Less than half of investors

DENVER--(BUSINESS WIRE)--Ibotta (NYSE: IBTA) will report first quarter 2025 financial results after the market closes on Wednesday, May 14, 2025.

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA resolves the Watch Downgrade placed on the rating of the Department of Water and Power of the City of Los Angeles (LADWP) Power System Revenue Bonds on January 16, 2025 and assigns a long-term rating of AA to the Power System Revenue Bonds, 2025 Series A, and Power System Revenue Bonds, 2025 Series B. The rating on outstanding Power System Revenue Bonds is affirmed at AA. The Outlook is Stable. The rating actions reflect KBRA’s view that i) LADWP’s service restor

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Loudoun Mutual Insurance Company (Loudoun) (Waterford, VA). The Credit Ratings (ratings) reflect Loudoun’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management. T

SANTA MONICA, Calif.--(BUSINESS WIRE)-- #CRM--Nimble exposes the hidden costs of fragmented SMB tech stacks and offers a unified sales and marketing platform to cut costs and boost growth.

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” (Good) from “a-” (Excellent) of Stillwater Insurance Company (SIC) (Santa Barbara, CA) and its wholly owned subsidiary, Stillwater Property and Casualty Insurance Company (SPAC) (Jericho, NY). These companies are collectively known as Stillwater Insurance Group (Stillwater). The outlook of the FSR has been r

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Zenas BioPharma, Inc. (NASDAQ: ZBIO) pursuant and/or traceable to the registration statement and related prospectus (collectively, the “Registration Statement”) issued in connection with Zenas BioPharma’s September 2024 initial public offering (the “IPO”). The lawsuit seeks to recover damages for Zenas BioPharma investors under

AUSTIN, Texas & SAN FRANCISCO--(BUSINESS WIRE)--Serent Capital, a growth-focused private equity firm investing in founder-led, B2B software and technology companies, announced that its portfolio company Davisware, a leading provider of ERP software for field service businesses, has been acquired by ECI Software Solutions, a global provider of cloud-based business management software. Founded in 1988 and based in West Dundee, IL, Davisware began in a family-run HVAC business and has since evolve

HARLEYSVILLE, Pa.--(BUSINESS WIRE)--Harleysville Financial Corporation (OTCQX:HARL) reported today that the Company’s board of directors declared a regular quarterly cash dividend of $.33 per share on the Company’s common stock. The cash dividend will be payable on May 14, 2025 to stockholders of record on April 30, 2025. Net income for the second quarter was $2,130,000 or $.59 per diluted share compared to $2,112,000 or $.58 per diluted share for the same quarter last year. Net income for the

WILMINGTON, Del.--(BUSINESS WIRE)--Gregory W. Werkheiser has joined Dorsey & Whitney LLP as Of Counsel in the Bankruptcy & Financial Restructuring group in Delaware and New York, the international law firm announced today. Greg comes to Dorsey from the U.S. Department of Justice, where for the last two years, he served as a trial attorney in the Commercial Litigation Branch, Corporate/Financial Litigation Group. Prior to his government service, for over two decades, Greg focused his pra

PHOENIX--(BUSINESS WIRE)--Chris Janson will serve as the President of Mack Halo Vista LLC to lead the day-to-day execution of the landmark project. Based in Phoenix, Janson will oversee the massive horizontal infrastructure endeavor at the complex. Halo Vista is a 2,300+ acre mixed-used, master-planned development surrounding TSMC Arizona in Phoenix’s North Valley that is being developed by Mack Real Estate Group and McCourt Partners. Janson is a senior development professional who has successf

ADA, Okla.--(BUSINESS WIRE)--Bankruptcy inquiries surged in the first quarter to their highest level since early 2020, signaling a potential summer wave of filings, LegalShield reported today. The legal service provider's data, historically a leading indicator of bankruptcy and other consumer financial trends, suggests record consumer debt and new tariffs could push financially strained households past their breaking point. "Bankruptcy inquiries hit the highest we've seen since early 2020, just

DALLAS--(BUSINESS WIRE)--LeaseLock, the exclusive provider of lease insurance for rental housing, has partnered with Esusu, a credit building and financial wellness platform, to provide renters with a powerful new tool - reporting on-time rent payments to major credit bureaus to help build credit. This collaboration reinforces both companies’ shared mission of making renting more accessible, improving financial outcomes for renters, and increasing asset value for property owners. LeaseLock is t

NEW YORK--(BUSINESS WIRE)-- #401krollover--When you leave a job, you might not think twice about what happens to your 401(k). But what you don’t think about can cost you. New analysis from PensionBee reveals how discreet non-employee fees on retirement accounts can snowball into nearly $18,000 in lost funds over time. The findings highlight the surprising impact of these innocuous account maintenance fees on left-behind retirement accounts. When employees change jobs, many retirement providers may start chargi

AUSTIN, Texas--(BUSINESS WIRE)-- #acquisitions--Mercom Capital Group, a global clean energy communications and consulting firm, released its report on funding and merger and acquisition (M&A) activity for the global solar sector in the first quarter of 2025. Total corporate funding in the solar sector reached $4.8 billion across 39 deals in Q1 2025—a 41% decline year-over-year (YoY) compared to $8.2 billion raised through 42 deals in Q1 2024. However, funding was up 20% quarter-over-quarter (QoQ) from the

NEW YORK & LAFAYETTE, La.--(BUSINESS WIRE)--Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced that it has partnered with Dupré Logistics (“Dupré” or the “Company”), a privately held transportation company specializing in innovative logistics solutions. Dupré provides energy distribution services, onsite and private fleet services, and strategic capacity brokerage services to a diverse group of blue-chip customers throughout the Unit

CARMEL, Ind.--(BUSINESS WIRE)-- #CusickMotorsports--Wedbush Securities, a leading financial services provider, will serve as the primary sponsor of the No. 23 Dreyer & Reinbold Racing/Cusick Motorsports Chevrolet machine. The team announced today that the entry will compete in the 2025 Running of the Indianapolis 500, driven by 2014 Indy 500 champion Ryan Hunter-Reay, scheduled for May 25. Wedbush’s entry into the 109th Indy 500 reflects its commitment to performance and trusted partnerships. For 70 years, the

SPRING HILL, Fla.--(BUSINESS WIRE)--Mill Point Capital LLC (“Mill Point”) announced today the acquisition of Scribe Holdings, Inc. (“Koozie Group”), a leading U.S.-based manufacturer, decorator and supplier of promotional products. As part of the transaction, Koozie Group and Garyline LLC (“Garyline”), a portfolio company of Mill Point, will combine to create one of the largest and most diversified suppliers of promotional products in North America. The combined company’s domestic manufacturing

NEW YORK--(BUSINESS WIRE)--Rockefeller Global Family Office, the wealth management division of Rockefeller Capital Management ("Rockefeller”), today announced the addition of Chase Newman Riordan Wealth Partners – the firm’s first private advisor team to be headquartered in Florham Park, New Jersey. Home to a growing number of discerning business owners, professionals and families, Florham Park represents a strategic market for the firm’s continued growth. The team is led by Private Advisors an

CHICAGO--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) donated more than $14 million last year to non-profit organizations around the world that are working to provide food and housing security, healthcare access and educational opportunities. Additionally in 2024, Northern Trust contributed $70 million to the Northern Trust Foundation for future charitable gifts, and employees gave nearly 120,000 hours of their time to support charitable organizations globally. Over the past decade, Northern