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NUSO Signs Definitive Agreement to Recapitalize with McCarthy Capital

Wed, 04/17/2024 - 16:38
ST. LOUIS--(BUSINESS WIRE)--NUSO, an omnichannel provider of communications and collaboration solutions, has entered into a definitive agreement with McCarthy Capital to recapitalize the company and provide funds for future growth. Management is participating alongside McCarthy Capital in the transaction, and BMO is continuing as NUSO’s debt provider. The transaction is subject to customary closing conditions and regulatory approvals. Both parties are working closely to obtain the necessary app

AM Best Revises Issuer Credit Outlook to Positive for Trans World Assurance Company

Wed, 04/17/2024 - 16:38
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of “bbb” (Good) of Trans World Assurance Company (TWA) (San Mateo, CA). The outlook of the FSR is stable. The Credit Ratings (ratings) reflect TWA’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited busi

National STEM Festival Youth Innovators Gain Access to Career Development Tool

Wed, 04/17/2024 - 16:38
PALO ALTO, Calif.--(BUSINESS WIRE)--A group of 126 Champions in the National STEM Challenge headed to Washington, D.C. to present their innovative ideas to leaders in science, technology, engineering and mathematics (STEM) across the U.S. government during the National STEM Festival held from April 11-13, 2024. This first-ever National STEM Festival celebrates student achievements in STEM and innovative student ideas to address urgent global challenges. The organizations participating include N

The Law Offices of Frank R. Cruz Announces Investigation of Regeneron Pharmaceuticals, Inc. (REGN) on Behalf of Investors

Wed, 04/17/2024 - 16:38
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Regeneron Pharmaceuticals, Inc. (“Regeneron” or the “Company”) (NASDAQ: REGN) on behalf of investors concerning the Company’s possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On April 10, 2024, the US Department of Justice (“DOJ”) announced that it had filed a complaint against Regeneron under the False Claims Act alleging that the

KBRA Assigns Preliminary Ratings to OBX 2024-NQM6 Trust

Wed, 04/17/2024 - 16:38
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns ratings preliminary to seven classes of mortgage-backed notes from OBX 2024-NQM6 Trust, a $441.4 million non-prime RMBS transaction. The underlying collateral, comprising 843 residential mortgages, is characterized by a notable concentration of alternative income documentation (93.5%) loans. Most of the loans are classified as non-qualified mortgages (Non-QM) (53.7%) or exempt (45.3%) from the Ability-to-Repay/Qualified Mortgage (ATR/QM) rule due to being

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces the Filing of a Securities Class Action on Behalf of QuidelOrtho Corporation (QDEL) Investors

Wed, 04/17/2024 - 16:38
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, announces that a class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired QuidelOrtho Corporation (“QuidelOrtho” or the “Company”) (NASDAQ: QDEL) common stock between February 18, 2022 and April 1, 2024, inclusive (the “Class Period”). QuidelOrtho investors have until June 11, 2024 to file a lead plaintiff motion. If you suffered a loss on

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of VinFast Auto Ltd. (VFS) on Behalf of Investors

Wed, 04/17/2024 - 16:38
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of VinFast Auto Ltd. (“VinFast” or the “Company”) (NASDAQ: VFS) investors concerning the Company’s possible violations of federal securities laws. On October 15, 2023, Bloomberg reported that VinFast planned to aggressively move into Southeast Asian markets and that the Company would need to raise “a lot of capital” in order to fuel its global expansion plans and would “rely on [financial] suppor

The Law Offices of Frank R. Cruz Announces Investigation of Compass Minerals International, Inc. (CMP) on Behalf of Investors

Wed, 04/17/2024 - 16:38
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Compass Minerals International, Inc. (“Compass” or the “Company”) (NYSE: CMP) on behalf of investors concerning the Company’s possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On March 25, 2024, Compass disclosed that it had been informed by the United States Forest Service ("USFS") that it will not be entering into a contract for th

Aviation Capital Group Announces Delivery of One A320neo to SAS

Wed, 04/17/2024 - 16:38
NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- #acg--Aviation Capital Group LLC (ACG), a premier global full-service aircraft asset manager, announced the delivery of one new Airbus A320neo aircraft on long-term lease to Scandinavian Airlines (“SAS”). Featuring CFM International LEAP-1A engines, this is the tenth aircraft scheduled to deliver to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and SAS. ACG specializes in commercial aircraft leasing and aviation finance. In a

NavalX PNW Tech Bridge Partners With Vibe Coworks to Drive Regional Innovation

Wed, 04/17/2024 - 16:38
KEYPORT, Wash.--(BUSINESS WIRE)--Today, NavalX Pacific NW Tech Bridge and Vibe Coworks announced a formal partnership to enhance collaboration between Naval technologists and the region’s leading private sector innovators, through an agreement with Impact Washington. The unique partnership effectively integrates NavalX Pacific Northwest Tech Bridge resources into the local startup ecosystem present at Vibe Coworks, expanding opportunities for startups, scaleups, small businesses, academic insti

Meridian Capital Group Adds Industry Veterans Andrew Bon Salle and Pat Jackson to its Board

Wed, 04/17/2024 - 13:38
NEW YORK--(BUSINESS WIRE)--Meridian Capital Group, one of the nation’s leading commercial real estate finance, investment sales and retail leasing advisors, today announced the appointment of two leading real estate financing executives, Andrew Bon Salle and Pat Jackson, as independent members of its Board, effective immediately. “Andrew and Pat are two of the most distinguished figures in housing finance and I am excited to welcome them to the Board as we continue to build Meridian into a worl

Just Women’s Sports and National Women’s Soccer League Renew Media Partnership for 2024 Season

Wed, 04/17/2024 - 13:38
LOS ANGELES--(BUSINESS WIRE)--Just Women’s Sports (JWS), the leading multimedia platform dedicated exclusively to women's sports, today announced it’s teaming up with the National Women’s Soccer League (NWSL) for the third consecutive year as an official media partner. The key components of the partnership: JWS has secured the rights to continue distributing official NWSL game highlights and content for the upcoming season JWS and the NWSL will work together to drive consistent tune-in and fan

Rubric Capital Management Files Definitive Proxy Statement for Xperi Inc. 2024 Annual Meeting

Wed, 04/17/2024 - 13:38
NEW YORK--(BUSINESS WIRE)--Rubric Capital Management LP (“Rubric”), an investment advisor whose managed funds and accounts collectively own approximately 9.0% of the outstanding shares of common stock of Xperi Inc. (NYSE: XPER) (“Xperi” or the “Company”), today filed its definitive proxy statement with the Securities and Exchange Commission in connection with its nomination of Thomas A. Lacey and Deborah S. Conrad for election to Xperi’s Board of Directors (the “Board”) at the Company’s 2024 An

Harleysville Financial Corporation Announces Regular Cash Dividend and Second Quarter Earnings for Fiscal Year 2024

Wed, 04/17/2024 - 13:38
HARLEYSVILLE, Pa.--(BUSINESS WIRE)--Harleysville Financial Corporation (OTCQX:HARL) reported today that the Company’s board of directors declared a regular quarterly cash dividend of $.31 per share on the Company’s common stock. The cash dividend will be payable on May 15, 2024 to stockholders of record on May 1, 2024. Net income for the second quarter was $2,112,000 or $.58 per diluted share compared to $3,073,000 or $.82 per diluted share for the same quarter last year. Net income for the six

ROSEN, A LONGSTANDING LAW FIRM, Encourages Perion Network Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action – PERI

Wed, 04/17/2024 - 13:38
NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of common stock of Perion Network Ltd. (NASDAQ: PERI) between February 9, 2021 and April 5, 2024, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 17, 2024. SO WHAT: If you purchased Perion common stock during the Class P

The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of QuidelOrtho Corporation (QDEL) Investors

Wed, 04/17/2024 - 13:38
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of QuidelOrtho Corporation (QDEL) Investors

The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Checkpoint Therapeutics, Inc. (CKPT) Investors

Wed, 04/17/2024 - 13:38
LOS ANGELES--(BUSINESS WIRE)---- $STOCKS--The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Checkpoint Therapeutics, Inc. (CKPT) Investors

Churchill Stateside Group Closes Record Setting Preserve at Hanover Park Completing Largest USDA-RD 538 Loan in U.S. History, $53.8M

Wed, 04/17/2024 - 13:38
CLEARWATER, Fla.--(BUSINESS WIRE)-- #CSG--Churchill Stateside Group, LLC (“CSG”), a real estate and renewable energy financial services company, is pleased to announce the closing of the Preserve at Hanover Park in Beaufort, South Carolina. The financing for Preserve at Hanover Park is provided by Churchill Mortgage Investment LLC (“CMI”), a subsidiary of CSG. This $53,875,000 Construction Advance Loan marks the largest USDA-RD 538 loan in U.S. history providing financing for both the construction and

Wavelynx and SwiftConnect Win the SIA New Product Showcase Award for Industry’s First Corporate Badge in Google Wallet Deployment

Wed, 04/17/2024 - 13:38
STAMFORD, Conn.--(BUSINESS WIRE)-- #accesscontrol--SwiftConnect and Wavelynx take home the prestigious SIA NPS Award for their joint launch of corporate badge in Google Wallet

Wellington Management Announces Close of Inaugural Climate Innovation Fund

Wed, 04/17/2024 - 13:38
BOSTON--(BUSINESS WIRE)--Wellington Management (“Wellington” or the “Firm”), one of the world’s largest independent investment management firms, today announced the final close of the Wellington Climate Innovation Fund (“CIF” or the “Fund”), with US$385 million in commitments. CIF is Wellington’s first fund to invest solely in private companies developing solutions to help mitigate and adapt to climate change. The Fund seeks to generate attractive returns for investors by investing in late-vent

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