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State Street Investment Management Expands Actively Managed Target Maturity ETFs Suite

Lastest from Businesswire - Wed, 09/17/2025 - 09:36
BOSTON--(BUSINESS WIRE)--State Street Investment Management announced today the launch of the SPDR® SSGA My2035 Corporate Bond ETF (MYCO) and SPDR® SSGA My2031 Municipal Bond ETF (MYMK). The two funds expand the SPDR MyIncome ETF Suite, which debuted in 2024 as one of the first actively managed corporate and municipal target maturity bond ETFs in the U.S. market. “Our growing suite of MyIncome ETFs are designed to help investors pursue higher yields while simultaneously managing risk and cash d

Pagaya Closes Upsized $600 Million PAID Deal, Adding to its Momentum Across ABS Programs

Lastest from Businesswire - Wed, 09/17/2025 - 09:36
NEW YORK--(BUSINESS WIRE)--Pagaya Technologies LTD. (NASDAQ: PGY) (“Pagaya” or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the closing of PAID 2025-6, a $600 million asset-backed securitization (ABS) backed by consumer loans originated on the Pagaya network. The AAA-rated deal was upsized from an initial target of $500 million and brings the total amount raised to fund personal loans year-to-date to $4 billion.

Erica Madrid Joins Blueprint Capital Advisors to Lead the Power100 Initiative

Lastest from Businesswire - Wed, 09/17/2025 - 09:36
NEW YORK--(BUSINESS WIRE)--Blueprint Capital Advisors LLC (“Blueprint”) today announced that Erica Madrid, former Head of DEI and Client Engagement at Morgan Stanley, has joined the firm to lead its highly regarded and growing Power100 Initiative (the “Power100”). In this newly created position of Executive Director, Mrs. Madrid will leverage her over 15 years of senior leadership experience at PGIM, NBCUniversal, Vanguard, and Bank of America as well as strategic transformation and investment

XL Batteries Raises $7.5 Million From Merrin Investors to Accelerate Market Leadership in Organic, Non-Flammable, Long-Duration Flow Batteries

Lastest from Businesswire - Wed, 09/17/2025 - 09:36
MARLBOROUGH, Mass.--(BUSINESS WIRE)--XL Batteries, an energy storage company that is building the lowest-cost, safest and most efficient form of long-duration energy storage (LDES), today announced a $7.5 million investment from Merrin Investors, the mission-driven family office of entrepreneur and philanthropist Seth Merrin. This new funding accelerates XL Batteries’ ability to scale its operations, enhance grid resilience, and support energy independence by reducing reliance on foreign supply

PGRE Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Paramount Group, Inc. Is Fair to Shareholders

Lastest from Businesswire - Wed, 09/17/2025 - 09:36
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Paramount Group, Inc. (NYSE: PGRE) to Rithm Capital Corp. for $6.60 per share is fair to Paramount shareholders. Halper Sadeh encourages Paramount shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Paramount and i

PennyMac Mortgage Investment Trust Declares Third Quarter 2025 Dividend for Its Common Shares

Lastest from Businesswire - Wed, 09/17/2025 - 09:36
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees declared a cash dividend of $0.40 per common share of beneficial interest for the third quarter of 2025. This dividend will be paid on October 24, 2025, to common shareholders of record as of October 10, 2025. About PennyMac Mortgage Investment Trust PennyMac Mortgage Investment Trust is a mortgage real estate investment trust (REIT) that invests primarily in resi

Alliant Insurance Services Celebrates National Construction Appreciation Week, September 15-19, 2025

Lastest from Businesswire - Wed, 09/17/2025 - 09:36
IRVINE, Calif.--(BUSINESS WIRE)-- #AlliantInsurance--Alliant highlights construction clients that are shaping communities across the U.S., enhancing infrastructure and inspiring sustainable growth.

TEAM Technologies, an Arlington Capital Partners Portfolio Company, Acquires TAG3 Engineering to Expand Medical Device Design and Development Capabilities

Lastest from Businesswire - Wed, 09/17/2025 - 09:36
WASHINGTON & KNOXVILLE, Tenn.--(BUSINESS WIRE)--Arlington Capital Partners (“Arlington”), a Washington, D.C.-area private investment firm specializing in government-regulated industries, today announced that its portfolio company TEAM Technologies (“TEAM Tech”), a leading end-to-end outsourced manufacturer of mission-critical medical devices, has acquired TAG3 Engineering, LLC (“TAG3” or the “Company”). The acquisition strengthens TEAM Tech’s design and development capabilities in the fastest g

Tampa's New Hotel ORA + Private Residences Announces Cryptocurrency Emerged as a Driving Force in Real Estate Sales Success After Collaboration with Propy Title

Lastest from Businesswire - Wed, 09/17/2025 - 09:36
TAMPA, Fla.--(BUSINESS WIRE)--Only eight months after launching his new $675 million project, Tampa developer Luigi Novembre announced, "We are on track to reach our sales milestone prior to the end of this year for our five-star Hotel ORA + Private Residences." As COO and co-founder of ARC Realty Group, Novembre is projecting a late January/early February 2026 date for the luxury project to start construction at 1101 East Jackson Street in Tampa. What surprised him most, however, wasn’t just t

Phase II Small Business Innovation Research (SBIR) Developing Multi-Static Radar Technology

Lastest from Businesswire - Wed, 09/17/2025 - 06:36
LOS ANGELES--(BUSINESS WIRE)--CHAOS Industries, the leader in coherent distributed networking (CDN) multi-static radar, announced today that The House of Representatives has approved a $10M appropriation to enhance test and training capabilities through the use of coherent distributed networking multi-static radar technology. CHAOS Industries’ ASTRIA system is being developed for Eglin Air Force Base (AFB) as a mobile multi-object tracking instrumentation radar that Eglin AFB plans to use for s

Forward Industries Announces $4 Billion At-The-Market Equity Offering Program

Lastest from Businesswire - Wed, 09/17/2025 - 06:36
NEW YORK--(BUSINESS WIRE)--Forward Industries, Inc. (NASDAQ: FORD) (the "Company" or “Forward Industries”), the leading Solana treasury company, today announced that it has filed an automatic shelf registration statement with the U.S. Securities and Exchange Commission (“SEC”) which included an at-the-market equity offering prospectus covering the offer and sale of shares of its common stock (the “ATM Shares”), having an aggregate sales price of up to $4 billion (the “ATM Program”). Forward Ind

Moloco and Skai Partner to Unlock Retail Media Access for Global Advertisers

Lastest from Businesswire - Wed, 09/17/2025 - 06:36
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Moloco Commerce Media (MCM), a leading provider of AI-driven retail media solutions, today announced a partnership with Skai, the leading omnichannel advertising platform for commerce media. Through this partnership, Skai’s platform is now integrated with Moloco’s extensive network of retail media inventory, unlocking streamlined access to high-performing retailers across the globe. Retailers that partner with Moloco Commerce Media have consistently seen s

Pegasus Tech Ventures Announces Strategic Partnership with Mitsubishi Materials Corporation

Lastest from Businesswire - Wed, 09/17/2025 - 06:36
SAN FRANCISCO--(BUSINESS WIRE)-- #CVC--Pegasus Tech Ventures Announces Strategic Partnership with Mitsubishi Materials Corporation

Charles Schwab Announces Branch Network Expansion and the Addition of 400 Branch-Related Roles to Meet Increasing Client Needs and Fuel Further Growth

Lastest from Businesswire - Wed, 09/17/2025 - 06:36
WESTLAKE, Texas--(BUSINESS WIRE)--Charles Schwab today revealed details of a significant expansion of its branch network, underscoring the firm’s commitment to serve its fast-growing retail client base through a range of channels, including in-person guidance, relationships, and service. Schwab currently operates nearly 400 branches across the United States – locations that play a critical role in serving clients as well as driving client and asset growth for the firm. Schwab is adding 16 new b

Axos Financial, Inc. Announces Issuance of $200 Million of Subordinated Notes

Lastest from Businesswire - Wed, 09/17/2025 - 06:36
LAS VEGAS--(BUSINESS WIRE)--Axos Financial, Inc. (NYSE: AX) (“Axos” or the “Company”), holding company for Axos Bank, Axos Clearing LLC, and Axos Invest, Inc., announced today the pricing of a public offering of $200 million in aggregate principal amount of the Company’s 7.00% Fixed-to-Floating Rate Subordinated Notes due 2035 (the “Notes”). The Notes will bear interest at a rate of 7.00% per year, payable semi-annually in arrears on April 1, and October 1, of each year, beginning on April 1, 2

Alpha’s latest report explores the impact of retail investors on fund finance provision

Lastest from Businesswire - Wed, 09/17/2025 - 06:36
LONDON--(BUSINESS WIRE)--Alpha Group has released its latest Lender Book Report, uncovering key market trends shaping subscription lines, NAV facilities and GP financing.

Confluence Adds TSG Verification Export: Enhances GIPS® Standards Verification for Asset Managers

Lastest from Businesswire - Wed, 09/17/2025 - 06:36
PITTSBURGH, Pa.--(BUSINESS WIRE)--Confluence Technologies, Inc. (“Confluence”), a global leader in data-driven investment analytics and regulatory reporting solutions, has released a new capability within its Revolution Composites platform that delivers standard GIPS® verification exports built specifically to the requirements of The Spaulding Group (TSG). This enhancement streamlines the verification process for asset managers by eliminating the time-consuming task of manually mining and forma

Deepfakes Already Hitting Businesses as Often as Traditional Fraud, Regula Survey Finds

Lastest from Businesswire - Wed, 09/17/2025 - 03:36
RESTON, Va.--(BUSINESS WIRE)-- #deepfakes--Fresh survey data from Regula, a global developer of identity verification (IDV) solutions and forensic devices, shows that the line between traditional fraud and impersonation attacks has vanished. Identity spoofing, biometric fraud, and AI-powered deepfakes have already struck one in three organizations worldwide, catching up with long-standing fraud tactics like forged documents and social engineering. Three impersonation-driven tactics now dominate the fraud pl

Ant International Recognized as an Inaugural Foreign Institution Partner by China’s Cross-Border Interconnection Payment Gateway

Lastest from Businesswire - Wed, 09/17/2025 - 00:36
BEIJING & SINGAPORE--(BUSINESS WIRE)--Ant International is appointed as an inaugural foreign Institution Partner (FIP) of China’s Cross-border Interconnection Payment Gateway (CPG), under the guidance of the People’s Bank of China and the Payment & Clearing Association of China (PCAC). Ant International and Alipay are the largest player in the CPG scheme with the largest number of card network and wallet partners, the broadest use cases and largest business volume. The new CPG scheme is des

C1 Fund Inc. Executes Seven Post-IPO Investment Agreements, Builds Robust Pipeline

Lastest from Businesswire - Wed, 09/17/2025 - 00:36
PALO ALTO, Calif.--(BUSINESS WIRE)--C1 Fund Inc. (NYSE: CFND) (the “Fund”), a registered closed-end investment company that is focused on investing in late-stage digital-asset services and technology companies, today announced the signing of seven investment agreements in the weeks following its August 7, 2025 initial public offering. Within weeks of its IPO the Fund has already executed seven investment agreements in private digital asset companies that it believes are leaders in their respect

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