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StoneX Signs Letter of Intent to Acquire Intercam’s U.S. Wealth Management Entities

Lastest from Businesswire - Mon, 06/30/2025 - 08:56
NEW YORK--(BUSINESS WIRE)--StoneX Group Inc. (NASDAQ: SNEX), a global financial services firm, today announced it has entered into a letter of intent to acquire Intercam Advisors, Inc. and Intercam Securities, Inc. from Intercam Holdings, Inc. The proposed acquisition remains subject to the negotiation and execution of definitive agreements, which will be subject to regulatory approvals and other closing conditions. “This transaction aligns with StoneX’s strategy of expanding its global wealth

Prometheum Capital Now Authorized to Offer Correspondent Clearing Services for Blockchain-Based Securities Trading

Lastest from Businesswire - Mon, 06/30/2025 - 08:56
NEW YORK--(BUSINESS WIRE)--Prometheum Inc. (“Prometheum”), a market infrastructure provider for blockchain-based securities, announced its subsidiary Prometheum Capital, a FINRA member firm and SEC-registered special purpose broker-dealer (“SPBD”), is now authorized to provide correspondent clearing services to third-party broker-dealers. Prometheum’s FINRA member and SEC-registered broker-dealer network will support introducing broker-dealers seeking to transact in on-chain securities under fe

GMS Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of GMS Inc. Is Fair to Shareholders

Lastest from Businesswire - Mon, 06/30/2025 - 08:56
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of GMS Inc. (NYSE: GMS) to SRS Distribution for $110.00 per share is fair to GMS shareholders. Halper Sadeh encourages GMS shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether GMS and its board of directors violated th

Prudential Financial Elects Tom Stoddard to Board of Directors

Lastest from Businesswire - Mon, 06/30/2025 - 08:56
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) announced today that Tom Stoddard has been elected to the Board of Directors as an independent director, effective June 30, 2025. He will serve on the Board’s Audit and Investment Committees. Stoddard brings to Prudential 35 years of experience in the financial services sector, spanning insurance, asset management, and investment banking. He recently retired as vice chairman of Global Investment Banking at Bank of America, wh

Stonepeak Completes Acquisition of Forgital

Lastest from Businesswire - Mon, 06/30/2025 - 08:56
NEW YORK & VELO D’ASTICO, Italy--(BUSINESS WIRE)--Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced the completion of its previously announced acquisition of Forgital Group (“Forgital” or the “Company”), a leading manufacturer of advanced forged and machine-finished components for aerospace and industrial end markets. Conor Sutherland, Managing Director at Stonepeak, said, “We are thrilled to reach this milestone. Forgital has estab

PublicSquare Launches American-Made Market

Lastest from Businesswire - Mon, 06/30/2025 - 08:56
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--PSQ Holdings, Inc. (NYSE: PSQH) (“PublicSquare,” or the “Company”), today announced the next phase in its marketplace vision with the launch of the All-American, PublicSquare Market. On the Market, you’ll discover tens of thousands of products that are domestically produced, high quality, and built to last, from natural essentials and farm-raised food to home goods and outdoor gear. With this critical advancement, shoppers will be able to connect with loc

Pitney Bowes Parcel Shipping Index: U.S. Carrier Disruption Is Increasing—And That’s Good News for Shippers

Lastest from Businesswire - Mon, 06/30/2025 - 08:56
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”), a technology-driven products and services company that provides SaaS shipping solutions, mailing innovation and financial services to clients around the world, today released its annual Pitney Bowes Parcel Shipping Index, which includes comprehensive data on U.S. parcel shipping for 2024. The Company also provided U.S. parcel shipping data for the first quarter of 2025. Key takeaways from the Parc

MSTR Announcement: Kessler Topaz Meltzer & Check, LLP Encourages MicroStrategy Incorporated d/b/a Strategy (MSTR) Investors to Contact the Firm About Securities Fraud Class Action Lawsuit

Lastest from Businesswire - Mon, 06/30/2025 - 08:56
RADNOR, Pa.--(BUSINESS WIRE)-- #classaction--The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against MicroStrategy Incorporated d/b/a Strategy (“Strategy”) (NASDAQ: MSTR) on behalf of those who purchased or otherwise acquired Strategy securities between April 30, 2024, and April 4, 2025, inclusive (the “Class Period”). The lead plaintiff deadline is July 15, 2025. CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP: If yo

Quantum Health Sets New Standard for Transparency and Value in Healthcare Navigation Amid Growing Employer Concerns About Escalating Costs

Lastest from Businesswire - Mon, 06/30/2025 - 08:56
DUBLIN, Ohio--(BUSINESS WIRE)--Quantum Health, the creator of healthcare navigation, today announced the launch of its new comprehensive intervention and value reporting capability, Action to Impact, which proves – at the member level – how its healthcare navigation model reduces costs, improves outcomes and enhances employee experience. Powered by a dynamic AI engine and 25 years of proprietary data, Action to Impact provides transparent, actionable evidence, connecting specific navigation act

State Street Global Advisors Rebrands as State Street Investment Management

Lastest from Businesswire - Mon, 06/30/2025 - 08:56
BOSTON--(BUSINESS WIRE)--State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), today announced its new brand name: State Street Investment Management. The rebranding highlights the firm’s focus on growth and engagement with clients and partners, and its commitment to product innovation, in service of creating better outcomes for the world’s investors and the people they serve. “Today marks a new chapter in our story – one that reflects our values,

Pathward Recognized among U.S. News & World Report’s 2025-2026 Best Companies to Work For

Lastest from Businesswire - Mon, 06/30/2025 - 08:56
SIOUX FALLS, S.D.--(BUSINESS WIRE)-- #Pathward--Pathward Financial, Inc. (Nasdaq: CASH) through its subsidiary, Pathward®, N.A., (“bank” or “Pathward”), announced that U.S. News & World Report has named the bank one of the 2025-2026 Best Companies to Work For. U.S. News rated Pathward among the top companies on its Finance and Insurance list and its Midwest list based on factors contributing to job seekers’ decision-making when choosing the best workplace to meet and support their needs. Pathward earne

SimpleTire and Car Talk Join Forces for National Tire Safety Week 2025, Following #1 Ranking

Lastest from Businesswire - Mon, 06/30/2025 - 08:56
PHILADELPHIA--(BUSINESS WIRE)-- #CarMaintenance--SimpleTire and Car Talk reunite for National Tire Safety Week 2025 with expert tips, tire deals, and a campaign to help drivers protect what matters.

Advent International partners with LayerZero Power Systems, a leading provider of mission-critical power infrastructure for data centers

Lastest from Businesswire - Mon, 06/30/2025 - 08:56
BOSTON & AURORA, Ohio--(BUSINESS WIRE)--Advent International (“Advent”), a leading global private equity investor, today announced it has signed a definitive agreement to acquire majority shareholding in LayerZero Power Systems (“LayerZero” or the “Company”), a leading U.S. manufacturer of static transfer switches (STSs), power distribution units (PDUs), and other power management products for data centers and other mission-critical applications. Upon closing, LayerZero’s founders, Milind Bhano

J.D. Power Brings Industry-Leading Customer Behavior Analytics to Snowflake Marketplace

Lastest from Businesswire - Mon, 06/30/2025 - 08:56
TROY, Mich.--(BUSINESS WIRE)--J.D. Power Brings Industry-Leading Customer Behavior Analytics to Snowflake Marketplace

Sound Point Capital Appoints Dan Fabian as Global Chief Financial Officer

Lastest from Businesswire - Mon, 06/30/2025 - 08:56
NEW YORK--(BUSINESS WIRE)--Sound Point Capital Management, a credit-oriented investment manager overseeing approximately $43 billion in total assets, today announced the appointment of Dan Fabian as Global Chief Financial Officer, effective immediately. He succeeds Kevin Gerlitz, who is retiring after a distinguished tenure as the firm’s long-serving Chief Financial Officer. “We’re thrilled to welcome Dan to Sound Point,” said Stephen Ketchum, Founder and Managing Partner of Sound Point Capital

Acquis Consulting Group Appoints Kerby Houff as Chief Executive Officer

Lastest from Businesswire - Mon, 06/30/2025 - 08:56
NEW YORK--(BUSINESS WIRE)--Acquis, a global consulting firm specializing in strategy and implementation, announced that Kerby Houff will assume the Chief Executive Officer role.

Wiley Appoints Katya Andresen to Board of Directors

Lastest from Businesswire - Mon, 06/30/2025 - 08:56
HOBOKEN, N.J.--(BUSINESS WIRE)--Wiley (NYSE: WLY), one of the world’s largest publishers and a trusted leader in research and learning, today announced the appointment of Katya Andresen, chief digital & analytics officer for The Cigna Group, to its Board of Directors. Andresen’s background spans technology, data, analytics, and AI innovation across Fortune 500 companies and emerging enterprises. She has led significant initiatives at The Cigna Group and Capital One and successfully transfor

Liquidnet Strengthens US Equities Business With Key Hires

Lastest from Businesswire - Mon, 06/30/2025 - 08:56
NEW YORK--(BUSINESS WIRE)--Liquidnet, a leading technology-driven agency execution specialist, today announced a series of key hires to accelerate the growth of its Equities franchise in the Americas. These appointments align with the firm’s strategy to expand regional capabilities, diversify execution channels and deepen client engagement. They include Mark Turner as Co-Head of Equities Sales and Trading for the Americas, Hillary Budds as Head of US Crossing, and David Ramirez as a senior memb

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