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John Marshall Bank Hires Joe Malazo as Vice President, Commercial Relationship Manager in Loudoun

Lastest from Businesswire - Mon, 03/03/2025 - 09:53
RESTON, Va.--(BUSINESS WIRE)--John Marshall Bank (“JMB” or the “Bank”), subsidiary of John Marshall Bancorp, Inc. (the “Company”) (Nasdaq: JMSB), is proud to announce the recent hire of Joe Malazo as Vice President, Commercial Relationship Manager in the Bank’s Loudoun Region. Mr. Malazo brings over 14 years of banking experience and over 10 years of business development and leadership experience to the Bank and the Loudoun market. In his role, Mr. Malazo will bring quality business relationshi

Horace Mann increases quarterly shareholder dividend

Lastest from Businesswire - Mon, 03/03/2025 - 09:53
SPRINGFIELD, Ill.--(BUSINESS WIRE)--Horace Mann Educators Corporation (NYSE:HMN) today announced that its Board of Directors approved a 3.0% increase in the quarterly cash dividend to $0.35 per share. This represents an indicated annual dividend of $1.40 per share. The quarterly dividend is payable on March 31, 2025, to shareholders of record as of March 17, 2025. “This is the 17th consecutive year the Board has increased the annual shareholder cash dividend, reflecting Horace Mann’s commitment

Bridgeway Capital Management Announces Appointment of Merrillyn J. Kosier to Board of Directors

Lastest from Businesswire - Mon, 03/03/2025 - 09:53
HOUSTON--(BUSINESS WIRE)--Bridgeway Capital Management, an investment firm known for its disciplined, research-driven strategies and commitment to stewardship, today announced the appointment of Merrillyn J. Kosier to its Board of Directors. Kosier brings more than four decades of leadership experience at some of the most distinguished firms in the asset management industry and is a seasoned board member with a proven track record of brand development, strategic oversight, fiduciary responsibil

Engaged Capital Nominates Two Highly Qualified, Independent Candidates for Election to Portillo’s Board of Directors

Lastest from Businesswire - Mon, 03/03/2025 - 09:53
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Engaged Capital, LLC (together with certain of its affiliates, “Engaged” or “we”), which beneficially owns approximately 8.6% of the outstanding Class A common stock of Portillo’s Inc. (NASDAQ: PTLO) (“Portillo’s” or the “Company”), today announced that it has nominated two highly qualified, independent candidates for election to the Company’s Board of Directors (the “Board”) at the 2025 Annual Meeting of Stockholders (the “Annual Meeting”). In connection

CoinFund Bolsters Leadership Team: Hires Director of Business Development and Strategy and Promotes Chief People Officer

Lastest from Businesswire - Mon, 03/03/2025 - 09:53
NEW YORK--(BUSINESS WIRE)--CoinFund, one of the world’s earliest and most experienced cryptonative investment firms and a registered investment advisor, today announced the hiring of Matt Russ, CFA as the Director of Business Development and Strategy, and the promotion of former Head of Talent Margaret Gabriel to Chief People Officer. These personnel moves demonstrate the continued evolution of CoinFund in its tenth year of crypto investing, reinforcing its institutional-caliber operations and

Media Executive John French Partners With SIIA to Drive Strategy and Expand Media Industry Services

Lastest from Businesswire - Mon, 03/03/2025 - 09:53
WASHINGTON--(BUSINESS WIRE)--Respected B2B media executive John French is partnering with the Software & Information Industry Association's Media Division as a senior advisor.

Boston University Questrom School of Business Appoints Peter Fasolo as Director of the Human Resources Policy Institute

Lastest from Businesswire - Mon, 03/03/2025 - 09:53
BOSTON--(BUSINESS WIRE)--Boston University Questrom School of Business announced today that Peter Fasolo, Ph.D., has been named Director of the Human Resources Policy Institute (HRPI) and Professor of Practice, Management & Organizations. Founded in 1981 by Professor Emeritus Fred Foulkes, the Human Resources Policy Institute aims to innovate modern HR policy and practice through research, professional development, and academic learning. HRPI is home to 50 member organizations, including gl

NerdWallet Releases 2025 Investor Presentation

Lastest from Businesswire - Mon, 03/03/2025 - 09:53
SAN FRANCISCO--(BUSINESS WIRE)--NerdWallet Releases 2025 Investor Presentation

ICE Mortgage Monitor: Property Insurance Costs Rose at a Record Rate in 2024 Prompting Homeowners to Shop for Better Rates, Accept Higher Deductibles

Lastest from Businesswire - Mon, 03/03/2025 - 09:53
ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today released its March 2025 ICE Mortgage Monitor Report, based on the company’s robust mortgage, real estate and public records datasets. This month’s Mortgage Monitor analyzes the latest trends shaping the housing market in early 2025, with a special emphasis on rising insurance costs and the ways borrowers are adapting to protect what, for many, may be their mos

BRW Announces $0.085 Dividend

Lastest from Businesswire - Mon, 03/03/2025 - 09:53
NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund (NYSE: BRW) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, declared a monthly dividend of $0.085 per share on February 28, 2025, payable on March 31, 2025 to shareholders of record as of March 11, 2025. Managed Distribution Plan. The above distribution was declared in accordance with the Fund’s currently effective managed distribution plan (the “Plan”), whereby the

SABA Announces $0.058 Dividend

Lastest from Businesswire - Mon, 03/03/2025 - 09:53
NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, declared a monthly dividend of $0.058 per share on February 28, 2025, payable on March 31, 2025 to shareholders of record as of March 11, 2025. Managed Distribution Plan. The above distribution was declared in accordance with the Fund’s currently effective managed distribution plan (the “Plan”), whereby

PANDA Interactive Sues Genius Sports & Sportradar for Anti-Competitive Conduct in Sports Betting Market

Lastest from Businesswire - Mon, 03/03/2025 - 09:53
LAS VEGAS--(BUSINESS WIRE)---- $GENI #antitrust--PANDA expands its lawsuit against Genius & Sportradar, alleging they illegally tie sports data access to their own betting tech, blocking competition

Eigenmann & Veronelli Group Successfully Completes Spin-off of Its Industrial Activities to EV Produzione

Lastest from Businesswire - Mon, 03/03/2025 - 09:53
PERO, Italy--(BUSINESS WIRE)-- #Chemicals--Eigenmann & Veronelli (EV), Italy’s leading and internationally focused distributor of specialty chemicals and food ingredients, today announces that it has successfully completed the spin-off of its manufacturing operations to EV Produzione Srl. The newly incorporated company inherits a heritage of over 110 years of experience and marks a strategic turning point for the Group. Specializing in the manufacturing of chemical products for industry, with a consolid

Silver Lake To Close Endeavor Transaction On March 24th At $27.50

Lastest from Businesswire - Mon, 03/03/2025 - 09:53
MENLO PARK, Calif. & NEW YORK--(BUSINESS WIRE)--Silver Lake hereby announces that it will close its acquisition of Endeavor Group Holdings, Inc. (NYSE: EDR) on March 24, 2025 at $27.50 per share, subject only to closing conditions that Silver Lake is confident will be satisfied prior to such time. Almost one year ago, Silver Lake entered into a binding merger agreement at this price following extensive negotiations with a special committee of independent directors of the company and is confiden

Nuvation Bio Secures Up to $250 Million in Non-Dilutive Financings from Sagard Healthcare Partners

Lastest from Businesswire - Mon, 03/03/2025 - 09:53
NEW YORK--(BUSINESS WIRE)--Nuvation Bio Inc. (NYSE: NUVB), a global biopharmaceutical company tackling some of the greatest unmet needs in oncology, today announced non-dilutive financings of up to $250 million with Sagard Healthcare Partners (Sagard). The transaction comprises a royalty interest financing of $150 million and a senior term loan of up to $100 million. These financings strengthen Nuvation Bio’s balance sheet to fully fund commercialization of taletrectinib in the U.S., if approve

Hope Bancorp Receives Regulatory Approvals for Its Merger With Territorial Bancorp

Lastest from Businesswire - Mon, 03/03/2025 - 09:53
LOS ANGELES & HONOLULU--(BUSINESS WIRE)--Hope Bancorp, Inc. (“Hope Bancorp”) (NASDAQ: HOPE), the holding company of Bank of Hope, and Territorial Bancorp Inc. (“Territorial”) (NASDAQ: TBNK), the holding company of Territorial Savings Bank, today jointly announced receipt of all required regulatory approvals to complete their previously announced merger (the “Merger”). Upon completion of the Merger, it is intended that the legacy Territorial franchise in Hawai‘i will operate under the trade name

PESG Industry Update: Anticipation Rises as Silexion Therapeutics Approaches a Key Preclinical Data That Could Be Transformational

Lastest from Businesswire - Mon, 03/03/2025 - 09:53
NEW YORK--(BUSINESS WIRE)---- $SLXN #biotech--PESG Research releases a new market update on Silexion Therapeutics (NASDAQ: SLXN). Silexion recently announced the completion of its initial study evaluating SIL-204 in orthotopic pancreatic cancer models, a critical milestone that could continue to position its next-generation RNAi therapy at the forefront of KRAS-driven cancer treatment. With data analysis now underway and initial results expected in the coming weeks, according to the company’s latest announcement,

Jabil Reduces Greenhouse Gas Emissions by Nearly Half Compared to Baseline, Releases Fiscal Year 2024 Sustainability Progress Report

Lastest from Businesswire - Mon, 03/03/2025 - 09:53
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Jabil Inc. (NYSE: JBL) has released its fiscal year 2024 Sustainability Progress Report, detailing the strides the company has made toward achieving its five-year sustainability goals. The report highlights Jabil’s substantial progress in reducing operational greenhouse gas emissions, diverting waste from landfills, and giving back to the communities where employees live and work. “As we navigate an era defined by complex global challenges, I am proud to r

BlackRock Establishes Preeminent Private Markets, Technology, and Data Provider with Close of Preqin Acquisition

Lastest from Businesswire - Mon, 03/03/2025 - 06:53
NEW YORK & LONDON--(BUSINESS WIRE)--BlackRock Inc. (NYSE:BLK) today announced the successful completion of its acquisition of Preqin, a premier independent provider of private markets data. This strategic transaction strengthens BlackRock’s ability to serve clients’ whole portfolios — across public and private markets — by combining investment, technology, and data solutions in one platform. Private markets are the fastest-growing segment of global investing, with alternative assets projected t

Diversified Healthcare Trust Completes Sale of 18 Triple Net Leased Senior Living Communities to Brookdale for $135 Million, or $154,000 per Unit

Lastest from Businesswire - Mon, 03/03/2025 - 06:53
NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced the closing of the previously announced sale of 18 triple-net leased senior living communities to Brookdale Senior Living Inc. (NYSE: BKD) for $135 million, a valuation of approximately $154,000 per unit. The 18 communities include 876 units located across 10 states. DHC will use the proceeds from the sale to pay down its senior secured notes due in January 2026. Following this pay down and the previous p

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