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Intercontinental Exchange Reports May Statistics

Lastest from Businesswire - Wed, 06/04/2025 - 08:43
ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today reported May 2025 trading volume and related revenue statistics, which can be viewed on the company’s investor relations website at https://ir.theice.com/ir-resources/supplemental-information in the Monthly Statistics Tracking spreadsheet. May highlights include: Total average daily volume (ADV) up 13% y/y; open interest (OI) up 8% y/y, including record OI of

Gale, Part of Cengage Group, Introduces AI Leveler Tool in Beta to Personalize Learning and Support Student Reading Comprehension

Lastest from Businesswire - Wed, 06/04/2025 - 08:43
BOSTON--(BUSINESS WIRE)--Today, Gale, part of Cengage Group, announced the launch of AI Leveler, a generative AI-powered (GenAI) tool within Gale In Context: For Educators that allows K-12 educators to adjust and personalize the reading level of instructional content for each student. AI Leveler provides a safe and convenient way for K–12 educators to efficiently adapt Gale educational resources, enabling personalized learning that improves reading comprehension. This personalization is crucial

Det-Tronics Acquires Texas Based R.C. Systems

Lastest from Businesswire - Wed, 06/04/2025 - 08:43
BLOOMINGTON, Minn.--(BUSINESS WIRE)--Det-Tronics, a global leader in fire and gas safety systems, today announced the acquisition of R.C. Systems LLC, a Texas based company that specializes in gas detection products and solutions. R.C. Systems was founded in 1979 and developed the first “through the window” interface for a gas detection transmitter, thereby eliminating the requirement to remove the lid for calibration in a hazardous area environment. For over 45 years, R.C. Systems has continue

Altera Digital Health Collaborates With MCAG Amid $2.8B Blue Cross Blue Shield Provider Settlement

Lastest from Businesswire - Wed, 06/04/2025 - 08:43
NIAGARA FALLS, N.Y.--(BUSINESS WIRE)--Altera Digital Health, a global healthcare IT leader, today announced it has entered into an agreement with Managed Care Advisory Group, Inc. (MCAG), one of the largest revenue recovery consulting firms, to bring MCAG’s class action lawsuit recovery services to hospitals and providers. MCAG will help eligible healthcare parties navigate the claims filing process and recover funds from class action lawsuit settlements, including the $2.8 billion Blue Cross B

The Global Network for Zero Certifies First Brazilian Net Zero Project

Lastest from Businesswire - Wed, 06/04/2025 - 08:43
WASHINGTON--(BUSINESS WIRE)--The Global Network for Zero (GNFZ) announced today its first net zero certified project in Brazil. In partnership with OTEC, Brazil's premier sustainability consulting firm, LFRV Sociedade de Advogados (LFRV Associados), a Brazilian law firm, has received GNFZ’s Net Zero Operations: Emissions certification for its office space. This certification signals continued adoption of net zero certifications and sustainable building practices across Latin America. Based in S

GMO Launches GMO Systematic Investment Grade Credit ETF (INVG)

Lastest from Businesswire - Wed, 06/04/2025 - 08:43
BOSTON--(BUSINESS WIRE)--GMO launches actively-managed GMO Systematic Investment Grade Credit ETF (INVG) to invest in attractive opportunities within U.S. IG corporate credit.

EJF Capital Closes Securitization of a $150 Million Commercial Real Estate Loan Originated by Third Coast Bank

Lastest from Businesswire - Wed, 06/04/2025 - 08:43
ARLINGTON, Va.--(BUSINESS WIRE)--EJF Capital LLC (“EJF Capital”), a global alternative asset management firm with approximately $5.3 billion of assets under management, today announced that it has completed a $150 million securitization transaction for Third Coast Bank, a Texas banking association and wholly owned bank subsidiary of Third Coast Bancshares, Inc. (NASDAQ: TCBX). The transaction follows EJF Capital’s April 9, 2025 announcement of the completion of a separate $100 million securitiz

NiCE Announces Customer Keynote Speakers for Interactions 2025: Disney, H&R Block, ALG Vacations, Charles Schwab and Carnival UK

Lastest from Businesswire - Wed, 06/04/2025 - 08:43
HOBOKEN, N.J.--(BUSINESS WIRE)-- #AI--NiCE (Nasdaq: NICE) today announced customer keynote speakers from Disney, H&R Block, Apple Leisure Group Vacations (ALGV), Charles Schwab and Carnival UK at the industry’s leading customer experience (CX) event, Interactions 2025. Disney Creates Magic Through Innovative End-to-End Customer Journey The Walt Disney Company brings magic to life through exceptional viewer experiences and successfully brought this same magic to streaming viewers seeking assistanc

Simetrik Raises Additional $30 Million to Scale AI Reconciliation Platform Across the U.S. and High-Growth Markets

Lastest from Businesswire - Wed, 06/04/2025 - 08:43
NEW YORK--(BUSINESS WIRE)--Simetrik, a leading AI reconciliation platform that enables enterprises to automate complex reconciliation processes, standardize financial data, and ensure compliance across millions of transactions – today announced an additional $30 million investment led by Growth Equity at Goldman Sachs Alternatives (“Goldman Sachs”). The follow-on financing brings Simetrik’s Series B to $85 million and will accelerate the company’s expansion in the United States and other fast-g

Mike Addeo Joins Evercore as Senior Managing Director in Private Capital Advisory

Lastest from Businesswire - Wed, 06/04/2025 - 08:43
NEW YORK--(BUSINESS WIRE)--Evercore (NYSE: EVR) announced today that Mike Addeo has joined the firm as a senior managing director in its Private Capital Advisory (PCA) group, based in New York. “We are delighted to welcome Mike to Evercore,” said Nigel Dawn, global head of Evercore’s PCA group. “Mike brings deep experience across private credit, a strong track record in structuring complex transactions, and a trusted network of institutional relationships. His expertise will further strengthen

Firehook Appoints Becca Millstein to Board of Directors

Lastest from Businesswire - Wed, 06/04/2025 - 08:43
LOS ANGELES--(BUSINESS WIRE)--Firehook, the #1 brand of artisan crackers in the U.S., is proud to announce the appointment of Fishwife CEO and Co-Founder, Becca Millstein, to its Board of Directors. In this role, Millstein will bring fresh perspectives that will help further fuel Firehook’s marketing and innovation strategies. “We are thrilled to welcome Becca to Firehook’s Board of Directors. Her vision and creativity will play a vital role in shaping Firehook’s strategic direction and amplify

Everflow Supplies, A Leading National Master Distributor of Plumbing, Electrical, Fire Protection, and Industrial Products, Receives Growth Investment from Affiliates of Paceline Equity

Lastest from Businesswire - Wed, 06/04/2025 - 08:43
CARTERET, N.J.--(BUSINESS WIRE)--Everflow Supplies (“Everflow” or the “Company”), a leading national master distributor of plumbing, electrical, fire control, and industrial products and accessories to the wholesale channel, today announced a meaningful equity investment from affiliates of Paceline Equity Partners, LLC (“Paceline”), a Dallas-based investment fund. Terms of the transaction were not disclosed. The Company also announced that Andrew Pacifico, a seasoned executive with over 15 year

Redfin Reports Asking Rents Are Falling in 28 Major U.S. Metros—the Most Since 2023

Lastest from Businesswire - Wed, 06/04/2025 - 08:43
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The median U.S. asking rent fell 1% year over year in May to $1,633, which is $72 below the August 2022 record high, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. On a month-over-month basis, the median U.S. asking rent rose 0.5% in May—typical for this time of year. Overall, 28 of the 44 major U.S. core-based statistical areas (CBSAs) Redfin analyzed saw asking rents decline last month—the highest nu

Worldpay Enables Paze, Brings New Levels of Convenience and Speed to Online Checkout

Lastest from Businesswire - Wed, 06/04/2025 - 08:43
CINCINNATI--(BUSINESS WIRE)--Worldpay® and Early Warning Services have announced a new partnership at Worldpay’s annual client and partner event, Rethink, to enable Paze℠ as a checkout option available to its merchants. Paze is an online checkout solution developed by Early Warning Services that is offered by leading banks and credit unions in the U.S. The convenient Paze checkout experience enables consumers to pay online with their preferred credit and debit cards via added security through t

REX Financial Expands Growth & Income ETF Suite with New Single-Stock Covered Call Strategies on MSTR, COIN, and TSLA

Lastest from Businesswire - Wed, 06/04/2025 - 08:43
MIAMI--(BUSINESS WIRE)--REX Financial (“REX”), a leader in innovative exchange-traded products, today announces the expansion of its Growth & Income Covered Call ETF suite with the introduction of three new funds: the REX COIN Growth & Income ETF (CBOE: COII), the REX MSTR Growth & Income ETF (CBOE: MSII), and the REX TSLA Growth & Income ETF (CBOE: TSII). These funds join the recently launched REX NVDA Growth & Income ETF (CBOE: NVII), which debuted last week. Each fund in

Vensana Capital Welcomes Maria Berkman as Partner and Ross (Rusty) Segan as Venture Partner

Lastest from Businesswire - Wed, 06/04/2025 - 08:43
MINNEAPOLIS & WASHINGTON--(BUSINESS WIRE)--Vensana Capital Welcomes Maria Berkman as Partner and Ross (Rusty) Segan as Venture Partner

Konovo Names Tim Albury as Chief Financial Officer (CFO)

Lastest from Businesswire - Wed, 06/04/2025 - 08:43
WATERTOWN, Mass.--(BUSINESS WIRE)-- #AIEnabled--Konovo named healthcare data industry veteran Tim Albury as its Chief Financial Officer, helping the firm to transform life science market research.

Fifth Third Private Bank Recognized as Best for High Net Worth Clients for Fourth Consecutive Year

Lastest from Businesswire - Wed, 06/04/2025 - 08:43
CINCINNATI--(BUSINESS WIRE)--At a ceremony earlier today, Fifth Third Private Bank, a division of Fifth Third Bank, was named Best Private Bank for High Net Worth Clients by The Digital Banker and Global Private Banker as part of the Global Private Banking Innovation Awards for the fourth consecutive year. In addition, the Private Bank was named Best Private Bank for Succession Planning in the Americas for the second year. “This recognition is a testament to the enduring trust our clients place

Tyfone, AFS Partner to Deliver Fraud Detection Software

Lastest from Businesswire - Wed, 06/04/2025 - 08:43
PORTLAND, Ore.--(BUSINESS WIRE)-- #AdvancedFraudSolutions--Digital banking solutions provider Tyfone today announced it has partnered with Advanced Fraud Solutions.

Global Blue Reports FY24/25 Financial Results in Line With Guidance

Lastest from Businesswire - Wed, 06/04/2025 - 08:43
SIGNY, Switzerland--(BUSINESS WIRE)--Global Blue Group Holding AG (NYSE:GB and GB.WS) today announces its financial results for the fourth quarter and twelve-month period ended March 31, 2025. Global Blue’s CEO, Jacques Stern, commented: “We are pleased to report a strong yearly performance with 20% revenue growth, in line with Sales-in-Store growth. Once again, we have significantly outperformed the luxury market thanks to our unique exposure to high net worth and affluent shoppers”. “This rob

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