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SLR Credit Solutions Agents Senior Credit Facility for Fluent, Inc.

Lastest from Businesswire - Thu, 05/02/2024 - 07:45
BOSTON--(BUSINESS WIRE)--SLR Credit Solutions (“SLR CS”) announced the closing of a $50 million senior credit facility comprised of a revolver and term loan for Fluent, Inc. (“Fluent” or the “Company”), a leader in performance marketing, delivering customer acquisition and partner monetization solutions through its digital media portfolio, global commerce partnerships, and proprietary data and tech. Proceeds from the transaction were used to refinance existing debt and to provide enhanced liqui

Lincoln Financial Group Reports 2024 First Quarter Results

Lastest from Businesswire - Thu, 05/02/2024 - 07:45
RADNOR, Pa.--(BUSINESS WIRE)--Lincoln Financial Group (NYSE: LNC) today reported financial results for the first quarter ended March 31, 2024. Net income available to common stockholders was $1.2 billion, or $6.93 per diluted share. Adjusted operating income available to common stockholders was $71 million, or $0.41 per diluted share. Adjusted operating income available to stockholders was unfavorably impacted by significant items totaling $164 million, or $0.96 per diluted share, including: A

Pitney Bowes Announces First Quarter 2024 Financial Results

Lastest from Businesswire - Thu, 05/02/2024 - 07:45
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes (NYSE: PBI) (“Pitney Bowes” or the “Company”), a global shipping and mailing company that provides technology, logistics, and financial services, today announced its financial results for the first quarter 2024. Jason Dies, Interim Chief Executive Officer, commented: “We came out of the gate strong with first quarter results that reflect enterprise-wide changes in our operating intensity and efficiency efforts. Net income improved $5 million over p

The BMWED Teamsters Reiterates Support for Jim Barber at Norfolk Southern

Lastest from Businesswire - Thu, 05/02/2024 - 07:45
NOVI, Mich.--(BUSINESS WIRE)--The Brotherhood of Maintenance of Way Employes Division of the International Brotherhood of Teamsters (“BMWED Teamsters” or “BMWED-IBT”) today reiterated its support for Ancora Holdings Group, LLC’s (“Ancora”) efforts to elect seven director candidates and install Jim Barber at Norfolk Southern Corporation (NYSE: NSC) (“Norfolk Southern” or the “Company”). Tony Cardwell, President of BMWED-IBT, commented: “The wellbeing of our membership is often dependent upon com

Xylem Reports First Quarter 2024 Results and Raises Full-Year Guidance

Lastest from Businesswire - Thu, 05/02/2024 - 07:45
WASHINGTON--(BUSINESS WIRE)-- #LetsSolveWater--Xylem Reports First Quarter 2024 Results and Raises Full-Year Guidance

PJT Partners Inc. Reports Record First Quarter 2024 Results

Lastest from Businesswire - Thu, 05/02/2024 - 07:45
NEW YORK--(BUSINESS WIRE)--PJT Partners Inc. (the “Company” or “PJT Partners”) (NYSE: PJT) today announced its financial results for the first quarter ended March 31, 2024. Revenues The following table sets forth revenues for the three months ended March 31, 2024 and 2023:     Three Months Ended March 31,           2024   2023   % Change     (Dollars in Millions) Revenues     Advisory   $ 288.7     $ 168.1     72 % Placement     34.5       27.6     25 % Interest Income & Other     6.2      

Aptiv Reports First Quarter 2024 Financial Results

Lastest from Businesswire - Thu, 05/02/2024 - 07:45
DUBLIN--(BUSINESS WIRE)--Aptiv PLC (NYSE: APTV), a global technology company focused on making mobility safer, greener and more connected, today reported first quarter 2024 U.S. GAAP earnings of $0.79 per diluted share. Excluding special items, first quarter earnings totaled $1.16 per diluted share. First Quarter Financial Highlights Include: U.S. GAAP revenue of $4.9 billion, an increase of 2% Revenue increased 2% adjusted for currency exchange and commodity movements; growth over market of 3%

Latticework Capital Management Closes LCM Healthcare Fund II; Exceeds Target at $345 Million

Lastest from Businesswire - Thu, 05/02/2024 - 07:45
DALLAS--(BUSINESS WIRE)--Latticework Capital Management Closes LCM Healthcare Fund II; Exceeds Target at $345 Million

Billie Jean King Serving Facts for e.l.f. Beauty to Change the Board Game to Support Inclusivity

Lastest from Businesswire - Thu, 05/02/2024 - 07:45
NEW YORK--(BUSINESS WIRE)--Legendary tennis star and equity advocate Billie Jean King and e.l.f. Beauty (NYSE: ELF) are calling on U.S. business leaders and the wider community to “Change the Board Game” and put more women and diverse candidates on corporate boards. “Fighting for gender equality and inclusivity has been the driving force in my life for 70 years. Change is often a slow process and those in positions of power can bring about change quicker. e.l.f. Beauty is leading change in the

Ares Management Corporation Reports First Quarter 2024 Results

Lastest from Businesswire - Thu, 05/02/2024 - 07:45
NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE:ARES) today reported its financial results for its first quarter ended March 31, 2024. GAAP net income attributable to Ares Management Corporation was $73.0 million for the quarter ended March 31, 2024. On a basic and diluted basis, net income attributable to Ares Management Corporation per share of Class A and non-voting common stock was $0.33 for the quarter ended March 31, 2024. After-tax realized income was $265.1 million for the

New Research From Marketing Architects Discovers TV Attribution Gaps

Lastest from Businesswire - Thu, 05/02/2024 - 07:45
MINNEAPOLIS--(BUSINESS WIRE)--Through a survey of more than 300 marketers, TV agency Marketing Architects discovers key gaps in TV attribution practices and perceptions.

Kian Capital Exits The Purple Guys to Ntiva to Form a Market-Leading Pure-Play MSP

Lastest from Businesswire - Thu, 05/02/2024 - 07:45
ATLANTA & CHARLOTTE, N.C.--(BUSINESS WIRE)--Kian Capital Partners, a lower-middle-market-focused private investment firm, is pleased to announce the recent exit of its investment in The Purple Guys through a sale to Ntiva, Inc., a portfolio company of PSP Capital. Kian’s blueprint for enduring value and commitment to building genuine partnerships with company owners were instrumental in driving a successful outcome. Kian partnered with the executive leadership team to grow the company from a re

Monroe Capital Supports Valudor Products, LLC’s Acquisition of LidoChem, Inc.

Lastest from Businesswire - Thu, 05/02/2024 - 07:45
CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the acquisition of LidoChem, Inc. (“LidoChem”) by Valudor Products, LLC (“Valudor Products”). Based in Encinitas, CA, Valudor Products is a market leader in the sourcing of chemical raw materials in the agricultural and industrial space in Canada, United States and Latin-America. Valudor Products

Modiv Industrial Announces First Quarter 2024 Results

Lastest from Businesswire - Thu, 05/02/2024 - 07:45
RENO, Nev.--(BUSINESS WIRE)--Modiv Industrial, Inc. (“Modiv Industrial”, “Modiv”, the “Company”, “we” or “our”), (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate, today announced operating results for the first quarter ended March 31, 2024. Highlights: First quarter rental income of $11.9 million increased $1.6 million, or 15.4% year-over-year. First quarter AFFO of $3.3 million increased $0.2 million, or 6.6% year-over year. Received $1.4 m

Walker & Dunlop Reports First Quarter 2024 Financial Results

Lastest from Businesswire - Thu, 05/02/2024 - 07:45
BETHESDA, Md.--(BUSINESS WIRE)--Walker & Dunlop Reports First Quarter 2024 Financial Results

Walker & Dunlop Closes $155 Million Refinancing for Manhattan’s Lexington Hotel

Lastest from Businesswire - Thu, 05/02/2024 - 07:45
BETHESDA, Md.--(BUSINESS WIRE)--Walker & Dunlop, Inc. announced today the completion of a $155 million refinancing deal for The Lexington Hotel, a historic landmark in the heart of Midtown Manhattan. Acting as the exclusive advisor to Lexington Hotel Owner LLC, a joint venture between MCR, Island Capital Group LLC, and Three Wall Capital, Walker & Dunlop secured the financing through lender Hudson Bay Capital. Initially completed in 1929, The Lexington Hotel has undergone extensive reno

Crescent European Specialty Lending Announces Financing for the Acquisition of PlayGreen by Bruin Capital

Lastest from Businesswire - Thu, 05/02/2024 - 04:45
LONDON & LOS ANGELES--(BUSINESS WIRE)--Crescent Capital Group LP, a leading alternative credit investment firm, announced today that its European Specialty Lending strategy has provided financing to support the acquisition of PlayGreen B.V., a Netherlands-based holding company whose subsidiaries form one of the world’s leading natural turf management companies, by U.S.-based private equity firm Bruin Capital. PlayGreen is comprised of Stadium Grow Lighting (SGL) and ALVA Technology and their su

Global Survey From Board Bridges Tech Trends, AI Opportunities, & Planning Imperatives

Lastest from Businesswire - Thu, 05/02/2024 - 04:45
BOSTON--(BUSINESS WIRE)-- #globalplanningsurvey--Board International has published its second annual Global Planning Survey. Based on insights from 1,500 business leaders across regions and industries, this survey reveals a strong focus on growth and the need to navigate complex markets through sophisticated planning strategies. In 2023, enterprise organizations took steps to move beyond rapid-response global pandemic mode—systematically pursuing modernization initiatives such as upgrading business systems, process, a

Monsanto Wins Appeal Ruling in Erickson v. Monsanto

Lastest from Businesswire - Wed, 05/01/2024 - 22:45
WHIPPANY, N.J.--(BUSINESS WIRE)--Today, a decision was issued by the Court of Appeals Division I in the State of Washington in Erickson v. Monsanto, ruling in Monsanto’s favor on multiple grounds. This decision reverses the initial verdict of $185 million in its entirety and remands the case back to trial court for further proceedings. The company stated: “This is a very significant ruling in favor of Monsanto because the Court of Appeals identified multiple errors - that cut across most Sky Va

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of New Horizon Aircraft Ltd. (HOVR, HOVRW) on Behalf of Investors

Lastest from Businesswire - Wed, 05/01/2024 - 22:45
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of New Horizon Aircraft Ltd. (“New Horizon” or the “Company”) (NASDAQ: HOVR, HOVRW) investors concerning the Company’s possible violations of federal securities laws. On April 22, 2024, New Horizon disclosed that previously issued financial statements for the year ended May 31, 2023 and the period ended August 31, 2023 should no longer be relied upon due to “the deferred development costs recorde

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