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Monroe Capital Supports Platinum Equity’s Investment in Global, The Source

Lastest from Businesswire - Tue, 02/11/2025 - 06:42
CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as joint lead arranger on the funding of a senior credit facility to support the investment in Global, the Source (“Global”) by Platinum Equity. Founded in 1982 and based in Universal City, Texas, Global is a leading master distributor of HVAC/R components such as capacitors, relays, transformers, contactors, disconnects, whips, and more. Global serves HVAC/R wholesalers throughout the United States. The company has vert

DreamHost Opens First International Data Center in Amsterdam, Netherlands

Lastest from Businesswire - Tue, 02/11/2025 - 06:42
BREA, Calif.--(BUSINESS WIRE)-- #datacenter--DreamHost®, a global leader in web hosting and Managed WordPress services, today announced an expansion of its global data center footprint, adding Amsterdam to the list of cities in which it maintains a physical presence hosting DreamHost customer data. Strategically located in northern Europe, this expansion brings faster site load times, enhanced reliability, and wider compliance options to customers located outside the United States, with the largest benefits

Smarsh Further Strengthens Leadership Team with the Addition of Global Finance Leader David Brolsma as Chief Financial Officer

Lastest from Businesswire - Tue, 02/11/2025 - 06:42
PORTLAND, Ore.--(BUSINESS WIRE)--Smarsh, the global leader in communications data and intelligence, today announced the appointment of David Brolsma as Chief Financial Officer. Brolsma will have an expanded leadership role at Smarsh and oversee global finance, accounting, corporate development, integrations, and internal operations. He will leverage his expertise in IPOs, M&A, international regulatory compliance, revenue efficiency, and operations to help guide the company through its next

Houlihan Lokey Further Expands Financial Sponsors Coverage With Senior Hire in Asia

Lastest from Businesswire - Tue, 02/11/2025 - 03:42
HONG KONG--(BUSINESS WIRE)--Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Angela Hu has joined the firm as a Managing Director in the Financial Sponsors Group, based in Hong Kong SAR. Ms. Hu brings more than 20 years of investment banking expertise, 16 of which have been spent in Hong Kong SAR, most recently leading financial sponsor coverage for Barclays in Greater China. “We are delighted to welcome Angela to the Houlihan Lokey team,” said Kevin Salmini, Ma

Blackstone Life Sciences and Anthos Therapeutics Announce Agreement for Anthos to be Acquired by Novartis for up to $3.1 Billion

Lastest from Businesswire - Tue, 02/11/2025 - 03:42
CAMBRIDGE, Mass.--(BUSINESS WIRE)--Blackstone Life Sciences and Anthos Therapeutics Announce Agreement for Anthos to be Acquired by Novartis for up to $3.1 billion

The Charles Schwab Corporation Announces Pricing of $13.1 Billion Secondary Offering of Its Common Stock Held by an Affiliate of The Toronto-Dominion Bank

Lastest from Businesswire - Tue, 02/11/2025 - 00:42
WESTLAKE, Texas--(BUSINESS WIRE)--Schwab announces pricing of $13.1B secondary offering of its common stock held by an affiliate of The Toronto-Dominion Bank

Harmonic Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights - HLIT

Lastest from Businesswire - Tue, 02/11/2025 - 00:42
LOS ANGELES--(BUSINESS WIRE)--Harmonic Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights - HLIT

HLIT Investors Have Opportunity to Join Harmonic Inc. Fraud Investigation with the Schall Law Firm

Lastest from Businesswire - Tue, 02/11/2025 - 00:42
LOS ANGELES--(BUSINESS WIRE)--HLIT Investors Have Opportunity to Join Harmonic Inc. Fraud Investigation with the Schall Law Firm

Hess Midstream LP Announces Pricing of Upsized Secondary Public Offering of Class A Shares

Lastest from Businesswire - Tue, 02/11/2025 - 00:42
HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES PRICING OF UPSIZED SECONDARY PUBLIC OFFERING OF CLASS A SHARES

San Antonio Jury Renders $109 Million Verdict Against CPS Energy for 2021 Home Explosion

Lastest from Businesswire - Mon, 02/10/2025 - 21:42
SAN ANTONIO--(BUSINESS WIRE)--A San Antonio jury has delivered a $109 million verdict against CPS Energy for failing to properly maintain its gas system, leading to a natural gas explosion and fire that left two residents with permanent and life-altering injuries. Video of the attorneys discussing the verdict Robert Rymers suffered extensive burns to his body when his rental property located in the Colosseum Heights area of southeast San Antonio exploded just before 11 p.m. on May 1, 2021. Mr.

RIG Investors Have Opportunity to Lead Transocean Ltd. Securities Fraud Lawsuit with the Schall Law Firm

Lastest from Businesswire - Mon, 02/10/2025 - 21:42
LOS ANGELES--(BUSINESS WIRE)--RIG Investors Have Opportunity to Lead Transocean Ltd. Securities Fraud Lawsuit with the Schall Law Firm

ACADIA HEALTHCARE INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Acadia Healthcare Company, Inc. - ACHC

Lastest from Businesswire - Mon, 02/10/2025 - 18:42
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Acadia Healthcare Company, Inc. (NasdaqGS: ACHC). On September 27, 2024, the Company disclosed the receipt of a voluntary request for information from the U. S. Attorney’s Office for the Southern District of New York as well as a grand jury subpoena from the United States District C

KKR Income Opportunities Fund Completes Acquisition of Assets of Insight Select Income Fund

Lastest from Businesswire - Mon, 02/10/2025 - 18:42
NEW YORK--(BUSINESS WIRE)--The Board of Trustees of KKR Income Opportunities Fund (NYSE: KIO) today announced the closing of KIO’s previously announced acquisition of the assets of Insight Select Income Fund (“INSI”). “We are thrilled to officially welcome INSI shareholders to KIO,” said Jeremiah Lane, Co-Head of Global Leveraged Credit at KKR. “We continue to believe this is a strong environment for credit investing, and we look forward to leveraging the compelling opportunities we see in the

Paycom Announces Quarterly Cash Dividend

Lastest from Businesswire - Mon, 02/10/2025 - 18:42
OKLAHOMA CITY--(BUSINESS WIRE)--Paycom Software, Inc. (“Paycom”) (NYSE: PAYC), a leading provider of comprehensive, cloud-based human capital management software, announced today that its Board of Directors declared a cash dividend in the amount of $0.375 per share of common stock, to be paid on March 24, 2025, to all stockholders of record as of the close of business on March 10, 2025. About Paycom For over 25 years, Paycom Software, Inc. (NYSE: PAYC) has simplified business and employees’ liv

Ellington Financial Declares Monthly Common Dividend

Lastest from Businesswire - Mon, 02/10/2025 - 18:42
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) ("we") today announced that its Board of Directors has declared a monthly dividend of $0.13 per share of common stock, payable on March 25, 2025 to stockholders of record as of February 28, 2025. Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-

Ellington Credit Declares Monthly Common Dividend

Lastest from Businesswire - Mon, 02/10/2025 - 18:42
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) ("we") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on March 25, 2025 to shareholders of record as of February 28, 2025. Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking s

Hess Midstream LP Announces Secondary Public Offering of Class A Shares

Lastest from Businesswire - Mon, 02/10/2025 - 18:42
HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES SECONDARY PUBLIC OFFERING OF CLASS A SHARES

Radian Appoints Seasoned Reinsurance Executive Jed Rhoads to Board of Directors

Lastest from Businesswire - Mon, 02/10/2025 - 18:42
WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) today announced that Jed Rhoads has been appointed to serve on its Board of Directors. Rhoads is a seasoned reinsurance executive, with more than 40 years of experience, including most recently a decade in senior executive roles at Markel Group Inc. He also served as Chairman of the Reinsurance Association of America. “We are thrilled to welcome Jed to the Radian Board of Directors,” said Radian Non-Executive Board Chairman Howard B. Cu

Butterfield Reports Fourth Quarter and Full Year 2024 Results

Lastest from Businesswire - Mon, 02/10/2025 - 18:42
HAMILTON, Bermuda--(BUSINESS WIRE)--The Bank of N.T. Butterfield & Son Limited ("Butterfield" or the "Bank") (BSX: NTB.BH; NYSE: NTB) today announced financial results for the quarter and year ended December 31, 2024. Net income for the year ended December 31, 2024 was $216.3 million, or $4.71 per diluted common share, compared to $225.5 million, or $4.58 per diluted common share, for the year ended December 31, 2023. Core net income1 for the year ended December 31, 2024 was $218.9 million,

Claros Mortgage Trust, Inc. Announces Dates for Fourth Quarter 2024 Earnings Release and Conference Call

Lastest from Businesswire - Mon, 02/10/2025 - 18:42
NEW YORK--(BUSINESS WIRE)--Claros Mortgage Trust, Inc. (NYSE: CMTG) (the “Company” or “CMTG”) today announced that it will release its fourth quarter and full-year fiscal 2024 financial results after the closing of trading on the New York Stock Exchange on Wednesday, February 19, 2025. A conference call to discuss CMTG’s financial results will be held on Thursday, February 20, 2025, at 10:00 a.m. ET. The conference call may be accessed by dialing 1-833-470-1428 and referencing the Claros Mortga

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