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Amex GBT Receives Credit Rating Upgrade; S&P Global Ratings Upgrades the Company to BB-

Lastest from Businesswire - Fri, 02/28/2025 - 09:52
NEW YORK--(BUSINESS WIRE)--American Express Global Business Travel, which is operated by Global Business Travel Group, Inc. (NYSE: GBTG) (“Amex GBT” or the “Company”), a leading software and services company for travel, expense, and meetings & events, today announced that it has received an upgrade from S&P Global Ratings (“S&P”) to its issuer credit rating to ‘BB-’ from ‘B+” with a stable outlook. The upgrade reflects S&P’s view that “the company’s operating performance will re

MVB Financial Corp. Names Vic Maculaitis as Director

Lastest from Businesswire - Fri, 02/28/2025 - 09:52
FAIRMONT, W.Va.--(BUSINESS WIRE)-- #banking--The Board of Directors of MVB Financial Corp. has announced the appointment of Vic Maculaitis as a Member of the Board.

Near- and Non-Prime Consumers Planning to Buy Used after 56% Jump in New Vehicle Payments, Open Lending Research Finds

Lastest from Businesswire - Fri, 02/28/2025 - 09:52
AUSTIN, Texas--(BUSINESS WIRE)--Open Lending's 2025 Vehicle Accessibility Report highlights how unpredictable market shifts are reshaping vehicle purchasing behavior.

David Rawlinson and QVC Group, Inc. Agree to New Three-Year Deal

Lastest from Businesswire - Fri, 02/28/2025 - 09:52
ENGLEWOOD, Colo.--(BUSINESS WIRE)--David Rawlinson and QVC Group, Inc. Agree to New Three-Year Deal

TKO Completes Acquisition of Sports Assets From Endeavor

Lastest from Businesswire - Fri, 02/28/2025 - 09:52
NEW YORK & BEVERLY HILLS, Calif.--(BUSINESS WIRE)--TKO Group Holdings, Inc. (“TKO”) (NYSE: TKO), a premium sports and entertainment company, today announced the close of its acquisition of IMG, On Location, and Professional Bull Riders (“PBR”) from Endeavor Group Holdings, Inc. (“Endeavor”) (NYSE: EDR). “These industry-leading businesses will strengthen our portfolio of world-class IP and capabilities, helping us further capitalize on the momentum of the growing sports and entertainment ecosyst

Dynaprice Completes Merger with Dinamo Acquisition Corporation to Expand Services and Operations

Lastest from Businesswire - Fri, 02/28/2025 - 09:52
NEW YORK--(BUSINESS WIRE)-- #AssetRecovery--Dynaprice.com, Inc. today announced definitive agreement and completion of all closing conditions to merge with Dinamo Acquisition Corporation. Through this merger, control of the company passes to a strategic investment firm led by finance executive and technology entrepreneur Ilia Gogichaishvili, who will assume the role of the CEO for the combined enterprise. Founded in 1999, Dynaprice is a leader in providing software and data services for investment recovery. It

Affirm CFO to Answer Investor Questions in Fireside Chat with Stocktwits

Lastest from Businesswire - Fri, 02/28/2025 - 09:52
SAN FRANCISCO--(BUSINESS WIRE)--Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced that Rob O’Hare, CFO of Affirm, will participate in a fireside chat to answer a selection of top questions from investors related to Affirm’s strategy, products, business model, and financial results. The event will be published on March 18, 2025 at 10:00 AM Eastern Time and is being co-produced by Stocktwits and Stakeholder Labs, an

Tropical Smoothie Cafe® Launches Sunshine for Teachers Recognition Program and Will Award Over $100k in Prizes

Lastest from Businesswire - Fri, 02/28/2025 - 09:52
ATLANTA--(BUSINESS WIRE)-- #SunshineforTeachers--Nominate a teacher for Sunshine for Teachers from Tropical Smoothie Cafe between Feb. 28-April 1. Prizes worth over $100k.

Green Dot and Marqeta Join Forces to Enhance Cash Services for Businesses and Their Customers

Lastest from Businesswire - Fri, 02/28/2025 - 09:52
PROVO, Utah--(BUSINESS WIRE)-- #BaaS--Green Dot and Marqeta partner to expand cash services for businesses

PGA TOUR® 2K25 Tees Off Worldwide; Available Now

Lastest from Businesswire - Fri, 02/28/2025 - 09:52
NEW YORK--(BUSINESS WIRE)--Today, 2K announced that PGA TOUR® 2K25, the newest entry in the golf simulation franchise from HB Studios, is now available worldwide on Xbox Series X|S, PlayStation®5, and PC via Steam. Players can step onto the tee box and take their best shot at golf glory with several franchise advancements, including upgraded graphics and the addition of new EvoSwing mechanics, which offer a host of new shot types, ball flights, roll physics, and visual improvements. The new Per

Permuto Capital Announces Amended Registration Statement and Additional Registration Statements for Novel Equity Product

Lastest from Businesswire - Fri, 02/28/2025 - 09:52
NEW YORK & SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--Permuto Capital LLC (Permuto), a joint venture between 3V Capital Partners SE LLC (3V Capital Partners) and Chia Network Inc. (Chia), today announced that two additional voting trust investment vehicles (each, a Trust) formed by Permuto have filed registration statements with the Securities and Exchange Commission (SEC) relating to proposed public offerings of a new type of equity product. Permuto will act as the trust administrator of th

Amerit Fleet Solutions Acquires Vector Fleet Management to Expand Service Offering and Broaden Fleet Management Capabilities

Lastest from Businesswire - Fri, 02/28/2025 - 09:52
WALNUT CREEK, Calif. & CHARLOTTE, N.C.--(BUSINESS WIRE)--Amerit Fleet Solutions (“Amerit”), a leading provider of dedicated, custom-built fleet maintenance, repair, and management services for commercial fleets, today announced the acquisition of Vector Fleet Management (“Vector”), a premier provider of fleet maintenance and parts management services, specializing in state and local government and heavy industrial fleets. The acquisition of Vector furthers Amerit’s mission of delivering excepti

1stDibs Reports Fourth Quarter and Full Year 2024 Financial Results

Lastest from Businesswire - Fri, 02/28/2025 - 09:52
NEW YORK--(BUSINESS WIRE)--1stdibs.com, Inc. (NASDAQ: DIBS), a leading online marketplace for luxury design products ("1stDibs" or the "Company"), today reported financial results for its fourth quarter and year ended December 31, 2024. Fourth Quarter 2024 Financial Highlights Net revenue was $22.8 million, an increase of 9% year-over-year. Gross profit was $16.5 million, an increase of 10% year-over-year. Gross margin was 72.3%, compared to 71.5% in the fourth quarter 2023. GAAP net loss was $

Avery Dennison Announces Upcoming Investor Events

Lastest from Businesswire - Fri, 02/28/2025 - 06:51
MENTOR, Ohio--(BUSINESS WIRE)--Avery Dennison Corporation (NYSE: AVY), a leading global materials science and digital identification solutions company, today announced that the company will be participating in the following upcoming investor events: Raymond James 2025 Institutional Investors Conference on Tuesday, March 4th. Deon Stander, president and chief executive officer, is scheduled to present at 11:00am ET. J.P. Morgan 2025 Industrials Conference on Wednesday, March 12th. Deon Stander,

State Street to Acquire Mizuho Financial Group’s Global Custody Business

Lastest from Businesswire - Fri, 02/28/2025 - 00:51
TOKYO--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) and Mizuho Financial Group, Inc. (President & Group CEO: Masahiro Kihara) today announced they have entered into an agreement for State Street to acquire Mizuho’s global custody and related businesses outside of Japan. These businesses support the overseas investments of Mizuho’s Japanese clients. Mizuho currently operates its global custody and related business outside of Japan through its local subsidiaries Mizuho Trust & Ba

SABA Announces Notification of Sources of Distributions

Lastest from Businesswire - Fri, 02/28/2025 - 00:51
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, is notifying shareholders, prospective shareholders, and third parties of the sources of distributions pursuant to Section 19(a) of the Investment Company Act of 1940 (the “Investment Company Act”). IMPORTANT INFORMATION REGARDING MONTHLY DISTRIBUTION Distribution Notice. Pursuant to Section 19(a) of th

BRW Announces Notification of Sources of Distributions

Lastest from Businesswire - Fri, 02/28/2025 - 00:51
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, is notifying shareholders, prospective shareholders, and third parties of the sources of distributions pursuant to Section 19(a) of the Investment Company Act of 1940 (the “Investment Company Act”). IMPORTANT INFORMATION REGARDING MONTHLY DISTRIBUTION Distribution Notice. Pursuant to Section 19(a) of the In

RKLB CLASS ACTION NOTICE: Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit On Behalf Of Rocket Lab USA, Inc. Investors

Lastest from Businesswire - Thu, 02/27/2025 - 21:51
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces that it has filed a class action lawsuit in the United States District Court for the Central District of California, captioned Bray v. Rocket Lab USA, Inc., et al., Case No. 25-cv-1733, on behalf of persons and entities that purchased or otherwise acquired Rocket Lab USA, Inc. (“Rocket Lab” or the “Company”) (NASDAQ: RKLB) securities between November 12, 2024 and February 25, 2025, inclusive (the “Class Period”). Pl

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