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ZIPS Car Wash Takes Strategic Action to Strengthen Financial Foundation and Advance Operational Transformation
PLANO, Texas--(BUSINESS WIRE)--Zips Car Wash, LLC (together with its affiliates, collectively “ZIPS” or the “Company”), one of the largest privately held car wash operators nationwide, announced that it has agreed to the terms of a restructuring plan (the “Plan”) with a group of its existing lenders that will strengthen its balance sheet and position the Company for stability and long-term growth. Through the Plan, ZIPS expects to reduce its debt obligations by approximately $279 million and se
Allstate Reports Fourth Quarter and Full Year 2024 Results
NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today reported financial results for the fourth quarter of 2024. The Allstate Corporation Consolidated Highlights Three months ended December 31, Twelve months ended December 31, ($ in millions, except per share data and ratios) 2024 2023 % / pts Change 2024 2023 % / pts Change Consolidated revenues $ 16,506 $ 14,832 11.3 % $ 64,106 $ 57,094 12.3 % Net income (loss) applicable to common shareholders 1,
Securities Fraud Investigation Into FMC Corporation (FMC) Announced – Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of FMC Corporation (“FMC” or the “Company”) (NYSE: FMC) investors concerning the Company’s possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON FMC CORPORATION (FMC), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. What Happened? On February 4, 2025, af
Walker & Dunlop Expands Internationally With Addition of London-Based Team
BETHESDA, Md.--(BUSINESS WIRE)--Walker & Dunlop, Inc. (NYSE: WD) today announced its international expansion with the addition of a London-based brokerage and capital markets advisory team led by Claudio V.R. Sgobba. For 87 years, Walker & Dunlop has focused exclusively on the U.S. commercial real estate market and established itself as one of the largest and most recognized advisors in the industry. This strategic expansion capitalizes on the company’s scale, client demand for its expe
Generational Capital Markets Advises Bakers' Signs & Manufacturing in its Sale to Osceola Capital
DALLAS--(BUSINESS WIRE)--Generational Capital Markets (GCM), a member of FINRA/SIPC and a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Bakers' Signs & Manufacturing to Osceola Capital. The acquisition closed December 27, 2024. Founded in 1985 and based in Conroe, Texas, Bakers' Signs & Manufacturing is a regional leader in custom indoor and outdoor sign manufacturing, installation, and service. The company serves
Janes Capital Partners Advises McStarlite Co. on its Sale to Standex
IRVINE, Calif.--(BUSINESS WIRE)-- #Acquisitions--Janes Capital Partners announced today that it served as exclusive sell-side advisor to McStarlite Co. on its sale to Standex International Corporation (NYSE:SXI). McStarlite Co. will be reported as part of Standex’s Engineering Technologies Group business segment. Basmat, Inc. d/b/a McStarlite Co. (“McStarlite Co.”), founded in 1955 and privately-held, operates four facilities in Harbor City, CA. McStarlite Co. is a premier sheet metal specialist forming some o
GSK plc. (GSK) Investors Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of GSK plc. (“GSK” or the “Company”) (NYSE: GSK) investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN GSK PLC. (GSK), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@howardsmit
UL Solutions and Korea’s Ministry of Small and Medium-Sized Enterprises and Startups Kick Off Next Phase of Tech Innovation Collaboration
NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions (NYSE: ULS), a global leader in applied safety science, and Korea’s Ministry of Small and Medium-Sized Enterprises and Startups (MSS) launched the next phase of their collaboration to support expanding industries and advance technological innovation. This collaboration – resulting from the memorandum of understanding (MoU) signed in April 2023 – helps South Korean startups navigate product testing for the United States market. This stage includes
Monolithic Power Systems Inc. (MPWR) Investors Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Monolithic Power Systems Inc. (“Monolithic” or the “Company”) (NASDAQ: MPWR) investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN MONOLITHIC POWER SYSTEMS INC. (MPWR), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. Contact the Law Offices of Howard G. Smith to discuss
KBRA Assigns Preliminary Ratings to BAMLL 2025-ASHF
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA announces the assignment of preliminary ratings to six classes of BAMLL 2025-ASHF, a CMBS single-borrower securitization. The collateral for the transaction is a $580.0 million floating rate, interest-only mortgage loan. The loan is expected to have an initial two-year term with three, one-year extension options and require monthly interest-only payments. The loan will be secured by the borrowers’ interests in 16 hotels including fee simple interests in 15 lodgin
Rising Phoenix Capital Launches 9th Mineral Fund at NAPE Summit With $20M ‘La Plata Peak’ Income Fund
DALLAS--(BUSINESS WIRE)--Rising Phoenix Capital today announced the launch of the La Plata Peak Income Fund
Radian Announces Fourth Quarter and Full Year 2024 Financial Results
WAYNE, Pa.--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) today reported net income for the quarter ended December 31, 2024, of $148 million, or $0.98 per diluted share. This compares with net income for the quarter ended December 31, 2023, of $143 million, or $0.91 per diluted share. Net income for the full year 2024 was $604 million, or $3.92 per diluted share. This compares with net income for the full year 2023 of $603 million, or $3.77 per diluted share. Adjusted pretax operating income f
Bain Capital Specialty Finance, Inc. Schedules Earnings Release for the Fourth Quarter Ended December 31, 2024
BOSTON--(BUSINESS WIRE)--Bain Capital Specialty Finance, Inc. schedules earnings release for the fourth quarter ended Dec. 31, 2024 on Thurs., Feb. 27, 2025 after market close
Zeta Global Accelerates Timing of Fourth Quarter and Full Year 2024 Financial Results; New Date Now February 25, 2025
NEW YORK--(BUSINESS WIRE)--Zeta Global Accelerates Timing of Fourth Quarter and Full Year 2024 Financial Results; New Date Now February 25, 2025
XOi Amplifies Field Service Innovation with New Strategic Investment and Acquisition
NASHVILLE, Tenn.--(BUSINESS WIRE)--XOi, a leading provider of jobsite-focused technology solutions for the field service ecosystem, today announced the acquisition of Specifx, an on-demand data enrichment and metadata retrieval platform for field service equipment. The acquisition was enabled by an investment from funds managed by leading global investment firm KKR. The funding from KKR marks the most significant milestone yet in XOi’s journey to build out its system of work for the field servi
MarketAxess to Participate in the UBS Financial Services Conference
NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced that Chris Concannon, Chief Executive Officer, and Ilene Fiszel Bieler, Chief Financial Officer, will participate in the UBS Financial Services Conference on February 10, 2025. Mr. Concannon and Ms. Fiszel Bieler will participate in a fireside chat at 2:40 p.m. ET. The live webcast and replay for the fireside chat will be availab
Samsara's Super Bowl Commercial Spotlights AI-Powered Road Safety
SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations® Cloud, today revealed its first Super Bowl commercial, which will air during the Big Game on February 9. The 30-second spot captures drivers’ genuine experiences of the vast dangers of the roads, from swerving passenger cars to fleeing wild animals, and how Samsara AI Dash Cams help protect drivers in the moments that matter. Titled, “Hits That Don’t Happen,” the commercial will air in
Potter Handy Reports: Google Violates Fundamental, Longstanding Legal Mandate; Ordered to Stop by CA Judge
SAN FRANCISCO--(BUSINESS WIRE)--Google’s in-house and litigation counsel, attorneys at Cooley LLP, were reprimanded by Santa Clara County Judge Charles F. Adams on January 31 for knowingly and repeatedly contacting represented plaintiffs, bypassing their known and identified attorneys. It is axiomatic in the practice of law that an attorney should never contact a represented opposition party. Judge Adams issued an order establishing protocols for communications in ongoing mass tort litigation a
Sound Point Meridian Capital, Inc. Announces First Fiscal Quarter 2026 Common Distributions and Preferred Distributions
NEW YORK--(BUSINESS WIRE)-- #CLO--Sound Point Meridian Capital, Inc. (NYSE: SPMC, SPMA), a closed-end management investment company that has registered as an investment company under the Investment Company Act of 1940, as amended (the “Company”), today is pleased to announce the declaration of distributions on shares of the Company’s common and preferred stock for the first fiscal quarter 2026 (second calendar quarter of 2025). The Company is declaring a monthly distribution of $0.25 per share on its
Bain Capital Announces Majority Investment in Milacron, a Leading Global Provider of Highly Engineered Plastic Processing Solutions
BOSTON & BATESVILLE, Ind.--(BUSINESS WIRE)--Bain Capital, a leading private investment firm, today announced a majority investment in the Milacron Injection Molding and Extrusion business (or the “Company”), a globally renowned provider of highly engineered plastic processing equipment and services. Bain Capital will partner with Milacron’s current owner, Hillenbrand, Inc. (NYSE: HI), who will remain a significant investor in the business to accelerate the Company’s continued growth. Bain Capit