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Spencer Lee to Join MarketAxess as Head of Client Products, Americas

Lastest from Businesswire - Mon, 05/05/2025 - 17:28
NEW YORK--(BUSINESS WIRE)---- $MTKX--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced the appointment of Spencer Lee as Head of Client Product, Americas. As Head of Client Product in the Americas, Mr. Lee will be responsible for the business and product management across U.S. high-grade, U.S. high-yield, municipals, dealer and client solutions, as well as MarketAxess X-Pro, the company’s next generation trading pl

New Mountain Finance Corporation Announces Financial Results for the Quarter Ended March 31, 2025

Lastest from Businesswire - Mon, 05/05/2025 - 17:28
NEW YORK--(BUSINESS WIRE)--New Mountain Finance Corporation (NASDAQ: NMFC) (“New Mountain,” “New Mountain Finance” or the “Company”) today announced its financial results for the quarter ended March 31, 2025. First Quarter and Recent Highlights1 Net investment income of $34.5 million, or $0.32 per weighted average share Net asset value of $12.45 per share compared to $12.55 per share as of December 31, 2024 Sustained strong credit performance with ~96.5% of the portfolio rated green Reduced cos

Crawford & Company Reports 2025 First Quarter Results

Lastest from Businesswire - Mon, 05/05/2025 - 17:28
ATLANTA--(BUSINESS WIRE)-- #earnings--Crawford & Company® (NYSE: CRD-A and CRD-B), is pleased to announce its financial results for the first quarter ended March 31, 2025. Revenues before reimbursements increased 3% to $312.0 million in the 2025 first quarter from $301.7 million in the 2024 first quarter. First quarter net income was $6.7 million, or $0.13 per diluted share for CRD-A and CRD-B, compared to $2.8 million, or $0.06 per diluted share for CRD-A and CRD-B in the prior year quarter. GAAP Cons

Cartesian Growth Corporation III Announces Closing of $276 Million Initial Public Offering

Lastest from Businesswire - Mon, 05/05/2025 - 17:28
NEW YORK--(BUSINESS WIRE)--Cartesian Growth Corporation III (the “Company”) announced today the closing of its initial public offering of 27,600,000 units, including 3,600,000 units pursuant to the exercise of the underwriters’ over-allotment option. The offering was priced at $10.00 per unit generating total gross proceeds of $276,000,000. The Company’s sponsor is an affiliate of Cartesian Capital Group, LLC, a global private equity firm specializing in providing growth capital to transnationa

FiscalNote to Report First Quarter 2025 Financial Results & Host Conference Call on May 12, 2025

Lastest from Businesswire - Mon, 05/05/2025 - 17:28
WASHINGTON--(BUSINESS WIRE)--FiscalNote to Report First Quarter 2025 Financial Results & Host Conference Call on May 12, 2025

CRH Continues Share Buyback Program

Lastest from Businesswire - Mon, 05/05/2025 - 17:28
NEW YORK--(BUSINESS WIRE)--CRH (NYSE: CRH), the leading provider of building materials solutions, is pleased to announce that it has completed the latest phase of its share buyback program, returning a further $0.3 billion of cash to shareholders. Between February 27, 2025 and May 2, 2025, 3.3 million ordinary shares listed on the New York Stock Exchange were repurchased. This brings total cash returned to shareholders under our ongoing share buyback program to $8.8 billion since its commenceme

LTC Reports 2025 First Quarter Results

Lastest from Businesswire - Mon, 05/05/2025 - 17:28
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--LTC Properties, Inc. (NYSE: LTC) (“LTC” or the “Company”), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced operating results for the first quarter ended March 31, 2025.                   Three Months Ended     March 31, (unaudited, amounts in thousands, except per share data)   2025   2024 Total revenues   $ 49,031   $ 51,366 Net income available to common stockholders   $ 20,517   $

Diversified Healthcare Trust Announces First Quarter 2025 Results

Lastest from Businesswire - Mon, 05/05/2025 - 17:28
NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced its financial results for the quarter ended March 31, 2025, which can be found at the Quarterly Reports section of DHC's website at https://www.dhcreit.com/investors/financial-information/quarterly/default.aspx. A conference call to discuss DHC's first quarter 2025 financial results will be held on Tuesday, May 6, 2025 at 10:00 a.m. Eastern Time. The conference call may be accessed by dialing (877) 329-42

KBRA Releases Research – A Decade of Solar Loan ABS: Trends and Developments

Lastest from Businesswire - Mon, 05/05/2025 - 17:28
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases research examining solar loan ABS performance across its history. The first residential solar loan-backed securitization came to market in early 2016, and nearly a decade later, the sector has grown into a mainstream ABS product. Solar loan ABS offers longer-duration exposure compared to most other consumer ABS asset classes and is broadly viewed as compatible with environmental, social, and governance (ESG) goals, with the underlying loans enabling home

Golub Capital BDC, Inc. Announces Fiscal Year 2025 Second Quarter Financial Results

Lastest from Businesswire - Mon, 05/05/2025 - 17:28
NEW YORK--(BUSINESS WIRE)--Golub Capital BDC, Inc., a business development company (Nasdaq: GBDC), today announced its financial results for its second fiscal quarter ended March 31, 2025. Except where the context suggests otherwise, the terms “we,” “us,” “our,” and “Company” refer to Golub Capital BDC, Inc. and its consolidated subsidiaries. “GC Advisors” refers to GC Advisors LLC, our investment adviser. SELECTED FINANCIAL HIGHLIGHTS         (in thousands, except per share data)             M

Paymentus Reports First Quarter 2025 Financial Results

Lastest from Businesswire - Mon, 05/05/2025 - 17:28
CHARLOTTE, N.C.--(BUSINESS WIRE)--Paymentus Holdings, Inc. (“Paymentus”) (NYSE: PAY), a leading provider of cloud-based bill payment technology and solutions, today announced its unaudited financial results for the quarter ended March 31, 2025. “Paymentus started 2025 on strong footing, with year-over-year growth in revenue, contribution profit and adjusted EBITDA of 48.9%, 26.3% and 51.3%, respectively. This momentum continues to be driven by higher transaction activity from both new and exist

Air Lease Announces First Quarter 2025 Results

Lastest from Businesswire - Mon, 05/05/2025 - 17:28
LOS ANGELES--(BUSINESS WIRE)--Air Lease (NYSE: AL) announces financial results for the three months ended March 31, 2025. “AL had a strong quarter with fleet expansion, healthy sales gains, significant insurance settlements related to our aircraft in Russia, and achieving our target debt to equity ratio which now allows us to consider all capital allocation opportunities. To date, we have no aircraft delivering to any country that has announced reciprocal tariffs applicable to aircraft. We cont

Limbach Holdings, Inc. Reports First Quarter 2025 Results

Lastest from Businesswire - Mon, 05/05/2025 - 17:28
WARRENDALE, Pa.--(BUSINESS WIRE)--Limbach Holdings, Inc. (Nasdaq: LMB) (“Limbach” or the “Company”) today announced its financial results for the quarter ended March 31, 2025. First Quarter 2025 Highlights Compared to First Quarter 2024 Total revenue was $133.1 million, an increase of 11.9% from $119.0 million. Record quarterly net income of $10.2 million, or $0.85 per diluted share, compared to $7.6 million, or $0.64 per diluted share. Adjusted net income of $13.5 million, or $1.12 per adjuste

TrueBlue Reports First Quarter 2025 Results

Lastest from Businesswire - Mon, 05/05/2025 - 17:28
TACOMA, Wash.--(BUSINESS WIRE)--TrueBlue (NYSE:TBI) today announced its first quarter results for 2025. First Quarter 2025 Financial Highlights Revenue of $370 million compared to $403 million in the prior year period $11 million of inorganic revenue from the January 31st acquisition of HSP Net loss of $14 million compared to net loss of $2 million in the prior year period SG&A expense improved by 12 percent to $95 million compared to $107 million in the prior year period Adjusted EBITDA1 o

BILL Expands Executive Leadership Team with Technology Industry Leader Mike Cieri as EVP, GM of Software Solutions

Lastest from Businesswire - Mon, 05/05/2025 - 17:28
SAN JOSE, Calif.--(BUSINESS WIRE)--BILL (NYSE: BILL), a leading financial operations platform for small and midsize businesses (SMBs), today announced Mike Cieri has joined as EVP, GM of Software Solutions. As a member of the executive leadership team, Cieri will lead and drive software strategy across the BILL platform, reporting directly to CEO and Founder, René Lacerte. “Software is at the heart of our BILL innovation agenda. It’s the ‘front door’ for how we deliver technology for almost hal

EY US Unveils John Hanighen of Cloyes Gear & Products as an Entrepreneur Of The Year® 2025 Southwest Award Finalist

Lastest from Businesswire - Mon, 05/05/2025 - 17:28
FORT SMITH, Ark.--(BUSINESS WIRE)--Ernst & Young LLP (EY US) announced the finalists for the prestigious Entrepreneur Of The Year 2025 Southwest Award. Now in its 40th year, the Entrepreneur Of The Year program celebrates the bold leaders who disrupt markets through the world’s most ground-breaking companies, revolutionizing industries and making a profound impact on communities. The program honors bold entrepreneurs whose innovations shape the future and pave the way for a thriving economy

UBS Advisors Mark Binder and Craig Chiate Named to Forbes Best-In-State Wealth Advisors list

Lastest from Businesswire - Mon, 05/05/2025 - 17:28
LOS ANGELES--(BUSINESS WIRE)--UBS Wealth Management US announced today that Craig Chiate and Mark Binder, Private Wealth Advisors in the firm’s Los Angeles, CA office, have been named to the Forbes Best-In-State Wealth Advisors list for 2025. Craig Chiate ranked #3 in the Los Angeles Private Wealth category and Mark Binder was recognized as #2 in Southern California Private Wealth. “We are extremely proud that Craig and Mark were recognized on this prestigious list," said Michael McVicker, Mark

Gores Holdings X, Inc. Announces Closing of Upsized $358.8 Million Initial Public Offering and Full Exercise of Over-Allotment Option

Lastest from Businesswire - Mon, 05/05/2025 - 17:28
BOULDER, Colo.--(BUSINESS WIRE)--Gores Holdings X, Inc. (the “Company”), a blank check company sponsored by an affiliate of The Gores Group, LLC, a global investment firm founded in 1987 by Alec Gores, and formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, today announced the closing of its initial public offering of 35,880,000 units, which includes 4,680,000 uni

Carlyle and SK Capital Receive All Required Regulatory Approvals to Complete the Acquisition of bluebird bio

Lastest from Businesswire - Mon, 05/05/2025 - 17:28
SOMERVILLE, Mass.--(BUSINESS WIRE)--bluebird bio, Inc. (NASDAQ: BLUE) (“bluebird” or “the Company”), Carlyle (NASDAQ: CG) (“Carlyle”), SK Capital Partners, LP (“SK Capital”) and Beacon Parent Holdings, L.P. (“Parent”) announced today that all required regulatory approvals to complete the previously announced acquisition of the Company by Carlyle and SK Capital have been received. No further regulatory approvals are required to complete the transaction. The parties expect to complete the merger

Baron & Budd Obtains Record Settlement in Restaurant Revitalization Fraud Lawsuit Against CoreLife Eatery, LLC

Lastest from Businesswire - Mon, 05/05/2025 - 17:28
WASHINGTON--(BUSINESS WIRE)--Today, the national law firm Baron & Budd announced a record $7.8 million settlement in a whistleblower lawsuit brought under the False Claims Act against CoreLife Eatery, LLC for defrauding the Restaurant Revitalization Fund (RRF). This is the largest RRF settlement under the False Claims Act to date. The RRF was established in 2021 as part of the American Rescue Plan Act to provide financial assistance to restaurants and other food-service businesses during th

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