Feed aggregator
CKPT Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Checkpoint Therapeutics, Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Checkpoint Therapeutics, Inc. (NASDAQ: CKPT) to Sun Pharmaceutical Industries Limited for $4.10 per share and a contingent value right for up to $0.70 per share on achievement of a milestone is fair to Checkpoint shareholders. Halper Sadeh encourages Checkpoint shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (21
Algebrik AI Joins the Jack Henry™ Vendor Integration Program
NEW YORK--(BUSINESS WIRE)-- #AIinFinance--Algebrik AI Inc., a Delaware-incorporated company headquartered in New York City, pioneering the world’s first cloud-native, AI-powered, digital era Loan Origination System (LOS), today announced that it has joined the Jack Henry™ Vendor Integration Program (VIP). Participation in the program provides Algebrik AI with access to Jack Henry’s technical resources to enable its Loan Origination Platform to integrate with Symitar®. The Vendor Integration Program is designe
Green Dot Announces Review of Strategic Alternatives and Leadership Transition
PROVO, Utah--(BUSINESS WIRE)--Green Dot Corporation (NYSE: GDOT), a leading digital bank and fintech that delivers seamless banking and payment tools for consumers and businesses, announced today that its Board of Directors has engaged Citi to initiate a process to explore potential strategic alternatives. The Board of Directors and management team are committed to acting in the best interests of Green Dot, its stockholders and its stakeholders. No assurances can be given as to the outcome or t
Strategy Announces $21 Billion STRK At-The-Market Program
TYSONS CORNER, Va.--(BUSINESS WIRE)--Strategy™ (Nasdaq: MSTR; STRK) today announced that it has entered into a sales agreement pursuant to which Strategy may issue and sell shares of its 8.00% series A perpetual strike preferred stock, $0.001 par value per share (the “perpetual strike preferred stock”), having an aggregate offering price of up to $21.0 billion (the “ATM Program”). Shares of the perpetual strike preferred stock are convertible by the holders into shares of Strategy’s class A com
Splitit Partners with Highnote to Enable Installment Payments for Digital Wallet Credit Cards and Merchant Endpoints
SAN FRANCISCO--(BUSINESS WIRE)--Highnote, a leader in modern card issuance, is proud to announce its partnership with Splitit, a unique white-label installment payment solution that allows shoppers to use an existing credit card at checkout. Enabled by Highnote’s technology, Splitit’s unique installment payment option will now be available through a digital wallet at the point of sale for the first time. With this new partnership, Highnote’s tokenized virtual cards are leveraged to pay merchant
FIS Launches Treasury GPT, a Pioneering AI-based Product Support Tool for the Treasury Industry
JACKSONVILLE, Fla.--(BUSINESS WIRE)--FIS® (NYSE: FIS), a global leader in financial technology, today announced the launch of FIS Treasury and Risk Manager - Treasury GPT, a proprietary generative AI-driven product support tool embedded within its FIS Treasury and Risk Manager – Integrity Edition (“Integrity”). In collaboration with Microsoft, the tool uses Microsoft Azure OpenAI Service for enhanced data and risk management, and quickly generates responses on queries pertaining to product usab
Essential Properties Realty Trust, Inc. Announces Quarterly Dividend of $0.295 per Share for the First Quarter of 2025
PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; the “Company”) announced today that its Board of Directors declared a quarterly cash dividend of $0.295 per share of common stock for the first quarter of 2025. This represents an annualized dividend of $1.18 per share of common stock. The dividend is payable on April 11, 2025, to stockholders of record as of the close of business on March 31, 2025. About Essential Properties Realty Trust, Inc. Essential Prop
Verus Mortgage Capital Maintains Leadership as a Top Non-Agency RMBS Issuer in 2024
WASHINGTON--(BUSINESS WIRE)--Verus Mortgage Capital (VMC), a correspondent investor specializing in residential non-QM and investor rental programs, reaffirmed its position as a leading issuer of non-agency mortgage-backed securities last year. VMC specializes in expanded credit/non-QM and investor rental loan programs and financed 12 deals totaling more than $6.5 billion. Since its inception, VMC has financed approximately $31.4 billion through 65 rated securitization transactions, further cem
ECFC Hosts Advocacy Summit 2025 Featuring Capitol Hill Visits to Discuss Tax-Advantaged Benefits
WASHINGTON--(BUSINESS WIRE)--ECFC, the leading nonprofit organization promoting choice in benefit solutions, will hold its Advocacy Summit in person in Washington, D.C., from March 12 to 13. The dynamic two-day event empowers the benefits industry's voice on Capitol Hill. “Advocacy is essential to preserving and enhancing tax-advantaged benefits, and we are excited to continue our commitment to meet with House and Senate Congressional staff members,” said Christa Day, Executive Director at ECFC
Seven Hills Realty Trust Appoints Matthew Brown as Chief Financial Officer and Treasurer
NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced that Matthew Brown has been appointed as Chief Financial Officer and Treasurer, effective March 10, 2025. Mr. Brown is a Senior Vice President of The RMR Group (Nasdaq: RMR) where he oversees the accounting and finance functions and the tax department. Mr. Brown has served in various accounting and finance leadership roles since joining RMR in 2007 and has extensive experience in reporting and compliance, me
Venerable Novates Initial Block of Variable Annuities from Equitable
WEST CHESTER, Pa.--(BUSINESS WIRE)--Venerable Holdings, Inc. (Venerable), is pleased to share the successful transfer of a legacy block of novated variable annuity contracts from Equitable Financial Life Insurance Company ("Equitable") to the Venerable administrative platform. The novated legacy block includes deferred and payout annuities from Equitable’s Accumulator® Series 06, 07, and 8.1 contracts reinsured by Venerable.i This strategic initiative, facilitated by the initial engagement betw
FICO Announces Availability of FICO Score Mortgage Simulator for Lender Use
BOZEMAN, Mont.--(BUSINESS WIRE)---- $FICO--Global analytics software leader FICO (NYSE: FICO) announces that the innovative FICO® Score Mortgage Simulator is now available for lender use through Xactus, a fintech and market leader in verification solutions for the mortgage industry and the largest credit reseller. Mortgage professionals can leverage valuable insight from the simulator to help drive smarter decisions that can present more loan options and favorable interest rates for customers. The FICO®
Deep Track Capital Sends Letter to Dynavax Technologies’ Board of Directors
GREENWICH, Conn.--(BUSINESS WIRE)--Deep Track Capital, LP, (together with its affiliates, “Deep Track” or “we”), one of the largest shareholders of Dynavax Technologies Corporation (NASDAQ: DVAX) (“Dynavax”, “DVAX” or the “Company”), with ownership of approximately 14.34% of the Company’s outstanding shares, today sent a letter to the Company’s Board of Directors (the “Board”) related to Deep Track’s nomination of four highly qualified candidates for election to the Company’s Board of Directors
Corey Gustafson to Retire as President & CEO of GHK Capital-Backed JohnsByrne; Kevin Andrews Appointed as Successor
NILES, Ill.--(BUSINESS WIRE)--JohnsByrne (the “Company”), a leading provider of premium packaging and specialty print solutions, today announced that Corey Gustafson will retire as President & CEO after more than four decades of leadership. Kevin Andrews, a seasoned leader with deep packaging experience, has been appointed as JohnsByrne’s new CEO. Gustafson will continue to support JohnsByrne as a Board Member and Executive Advisor, ensuring a seamless transition of leadership, culture and
Ingo Payments Partners with Securely to Deliver Real-Time Merchant Settlements with Advanced Ledgering and Payment Capabilities
ALPHARETTA, Ga.--(BUSINESS WIRE)-- #embeddedbanking--Ingo Payments and Securely partner for real-time merchant settlements w/ advanced ledgering and payments, enhancing speed, transparency for merchants.
Triton International Announces Agreement to Acquire Global Container International
HAMILTON, Bermuda--(BUSINESS WIRE)--March 10, 2025 – Triton International Limited (“Triton” or the “Company”) today announced that it has entered into an agreement to acquire Global Container International LLC (“GCI”). The transaction is subject to customary closing conditions, including regulatory approval, and is expected to close during the first half of 2025. Established in 2018 by a team of experienced container industry executives in partnership with investment vehicles managed by Wafra I
Pamlico Capital Closes Sixth Fund at its Hard Cap of $1.75 Billion
CHARLOTTE, N.C.--(BUSINESS WIRE)--Pamlico Capital Closes Sixth Fund at its Hard Cap of $1.75 Billion
Seoul Medical Group (SMG) and Korean American Medical Group (KAMG) Merge to Form a Leading National Independent Physician Association
LOS ANGELES--(BUSINESS WIRE)--Seoul Medical Group (SMG) and Korean American Medical Group (KAMG), the two leading Asian-American-focused medical groups and physician networks in the United States, today announced that they have merged. Ascend Capital Partners (Ascend), a healthcare focused private equity firm dedicated to improving the access, affordability and quality of healthcare for vulnerable and underserved populations, is sponsoring the transaction. Ascend previously invested in SMG in 2
QXO and Beacon Confirm Discussions Regarding Potential Transaction
GREENWICH, Conn. and HERNDON, Va.--(BUSINESS WIRE)--QXO, Inc. (NYSE: QXO) and Beacon Roofing Supply, Inc. (Nasdaq: BECN) confirmed today that they are in discussions about a potential combination in which QXO would acquire Beacon for $124.35 per share in cash, or total consideration of approximately $11 billion. QXO is engaging in customary due diligence regarding Beacon’s business, and QXO and Beacon are negotiating a definitive agreement. Beacon is postponing its Investor Day, which had been
APP INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that AppLovin Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements concerning AppLovin business and prospects, resulting in its stock trading at inflated prices.