Lastest from Businesswire
Charles River Associates (CRA) Reports Fourth-Quarter and Full-Year 2024 Financial Results
BOSTON--(BUSINESS WIRE)--Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial and management consulting services, today announced financial results for the fourth quarter and fiscal year ended December 28, 2024. “CRA achieved another record year, surpassing fiscal 2023’s revenue milestone,” said Paul Maleh, CRA’s President and Chief Executive Officer. “Strong top-line growth drove even greater increases in net income, earnings per diluted share, and EBITD
Mastercard Business Builder Program Fuels Creator Growth
PURCHASE, N.Y.--(BUSINESS WIRE)--Today, Mastercard unveiled its Business Builder debit and credit card products, specifically designed to meet the needs of Creators. The expanding Creator Economy has transformed individual creators into entrepreneurial ventures, blurring the lines between creative passion and small business ownership. The Business Builder cards are designed to offer a suite of powerful benefits that help entrepreneurs launch and scale their ventures, with intentional resources
BitGo and Copper Launch First Trading Model with Off-Exchange Settlement from Qualified Custody, Featuring Deribit
NEW YORK--(BUSINESS WIRE)--BitGo Trust Company, Inc., a leading infrastructure provider of digital asset solutions, and Copper, a leader in digital asset custody, collateral management and prime services, today announced the launch of their first-of-its-kind trading and settlement solution. This solution enables clients to trade on Deribit, a leading derivatives exchange, while their assets are secured off-exchange in qualified custody with BitGo Trust, with trades automatically settled via Cop
Eagle Point Credit Company Inc. Announces Fourth Quarter and Year-End 2024 Financial Results
GREENWICH, Conn.--(BUSINESS WIRE)---- $ECC--Eagle Point Credit Company Inc. (the “Company”) (NYSE: ECC, ECCC, ECC PRD, ECCF, ECCU, ECCV, ECCW, ECCX) today announced financial results for the quarter and fiscal year ended December 31, 2024 and certain additional activity through January 31, 2025. “We remain proactive in managing our portfolio and balance sheet,” said Thomas P. Majewski, Chief Executive Officer. “During the fourth quarter, we reset 16 and refinanced 2 of the Company’s CLO investments, len
Eagle Point Income Company Inc. Announces Fourth Quarter and Full Year 2024 Financial Results
GREENWICH, Conn.--(BUSINESS WIRE)---- $EIC--Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB, EICC) today announced financial results for the quarter and full year ended December 31, 2024 and certain additional activity through January 31, 2025. “Our fourth quarter performance capped off another excellent year for the Company. We continue to generate strong cash flows and generated a return on equity of 21.0% for 2024,” said Thomas P. Majewski, Chairman and Chief Executive Officer.
Short Sellers Zero In On Tech Stocks: Hazeltree’s January 2025 Shortside Crowdedness Report Highlights Apple, Super Micro, MicroStrategy and Synopsys
NEW YORK & LONDON--(BUSINESS WIRE)--Tech stocks Apple, Super Micro Computer, MicroStrategy, and Synopsys were among the top 10 most crowded large-cap securities in the U.S. that caught the attention of short-sellers, according to the latest Shortside Crowdedness Report from Hazeltree, a leader in active treasury and intelligent operations technology for the alternative asset industry. The report reveals the most crowded shorted large-cap stocks in EMEA were Kering SA and Disco Corporation in AP
Greenbriar Signs Agreement to Sell Breeze Autocare to Valvoline
GREENWICH, Conn.--(BUSINESS WIRE)--Greenbriar Equity Group, L.P. (“Greenbriar”) announced today that it has signed a definitive agreement to sell Breeze Autocare (“Breeze” or the “Company”), a nationwide operator of quick lube and related vehicle maintenance services to Valvoline, Inc. (“Valvoline”), a leading preventive automotive maintenance provider with more than 2,000 locations across the U.S. and Canada. Founded in 1984, Breeze offers automotive quick lube, car wash, and light repair serv
HF Sinclair Corporation Reports 2024 Fourth Quarter and Full Year Results and Announces Regular Cash Dividend
DALLAS--(BUSINESS WIRE)--HF Sinclair Corporation (NYSE:DINO) (“HF Sinclair” or the “Company”) today reported fourth quarter Net loss attributable to HF Sinclair stockholders of $214 million, or $(1.14) per diluted share, for the quarter ended December 31, 2024, compared to Net loss attributable to HF Sinclair stockholders of $62 million, or $(0.34) per diluted share, for the quarter ended December 31, 2023. Excluding the adjustments shown in the accompanying earnings release table, adjusted net
Milliman analysis: Multiemployer pensions approach 100% funding in aggregate at year-end 2024
SEATTLE--(BUSINESS WIRE)--Milliman has just released its latest Multiemployer Pension Funding Study.
Vena Earns Industry Recognitions for Leadership in Integrated Planning
TORONTO--(BUSINESS WIRE)--Vena, the industry-leading FP&A platform purpose-built to leverage the full power of the Microsoft technology ecosystem, has been recognized across multiple industry reports. These recognitions reaffirm Vena’s leadership in empowering finance and operations professionals with a flexible, Excel-native FP&A platform that enhances usability, automates workflows and delivers measurable business value to organizations optimizing their planning processes. Vena Named
Rockwell Medical to Release Fourth Quarter and Full-Year 2024 Results on Thursday, March 20, 2025
WIXOM, Mich.--(BUSINESS WIRE)---- $RMTI #EndStageKidneyDisease--Rockwell Medical will release its results for the fourth quarter and full-year ended December 31, 2024 on Thursday, March 20, 2025.
Board of Eigenmann & Veronelli Welcomes Two New Independent Directors to Support Group Growth
RHO, Italy--(BUSINESS WIRE)-- #Chemicals--Eigenmann & Veronelli, Italy's leading and internationally focused distributor of specialty chemicals and food ingredients, today announces the appointment of Mario Paterlini and Hidde van der Wal as independent Non-Executive Directors of the board of Eigenmann & Veronelli S.p.A. With effect as of February 2025, the two new Non-Executive Directors will join EV’s existing five-member board. Their addition marks a significant milestone in EV’s overarching stra
CLS Releases the Situational Change Leadership™ Program
CARY, N.C.--(BUSINESS WIRE)--The Center for Leadership Studies (CLS), the global home of the Situational Leadership® Model, announced today the release of the Situational Change Leadership™ program, a flexible, multimodal experience that enables leaders to approach each change situationally, create alignment between their team and next-level leadership and drive success and engagement. All organizations undergo change periodically to stay relevant in fluctuating markets where demand, trends and
Former Partner and Co-Practice Leader for Alvarez & Marsal Private Equity Performance Improvement Group, Jeff Feinberg, Joins Star Mountain Capital as MD and Strategic Portfolio Partner
NEW YORK--(BUSINESS WIRE)--Star Mountain Capital, LLC ("Star Mountain"), a rapidly growing, employee-owned investment firm with over $4 billion in assets under management (AUM), is pleased to announce that Jeff Feinberg has joined the firm as a Managing Director and Strategic Portfolio Partner. Mr. Feinberg will focus on enhancing Star Mountain’s differentiated approach to value creation within its portfolio companies as investors seek differentiated sources of yield and tax-advantaged total re
Alter Domus Unveils Whitepaper on Operational Alpha in Alternative Investments - Report Highlights Growing Industry Shift Toward Bundled Fund Administration Solutions
LONDON--(BUSINESS WIRE)--Alter Domus, a leading provider of tech-enabled fund administration, private debt, and corporate services for alternative investment managers, today announced the release of its latest whitepaper, “Altered States: Bundled Solutions Drive Operational Alpha for Alternative Investment Firms.” The report explores how alternative investment managers are evolving their operational models to enhance efficiency, scalability, and compliance. To gain deeper insight into the shift
Technologent Announces Capital and Business Partnership with ITOCHU Corporation to Drive Innovation and Growth
IRVINE, Calif.--(BUSINESS WIRE)-- #Enterprise--Technologent partners with ITOCHU to enhance innovation and growth in IT solutions for diverse industries, leveraging advanced technologies.
Securities Fraud Investigation Into Merck & Co (MRK) Announced – Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Merck & Co (“Merck” or the “Company”) (NYSE: MRK) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON MERCK & CO (MRK), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On July 30, 2024, Merck released its second quarter 2024 financial report and dis
Securities Fraud Investigation Into Constellation Brands, Inc. (STZ) Announced – Investors Who Lost Money Urged to Contact The Law Offices of Frank R. Cruz
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Constellation Brands, Inc. (“Constellation” or the “Company”) (NYSE: STZ) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON CONSTELLATION BRANDS, INC. (STZ), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On January 10, 2025, Constellation released its t
Securities Fraud Investigation Into Parsons Corporation (PSN) Announced – Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Parsons Corporation (“Parsons” or the “Company”) (NYSE: PSN) on behalf of investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON PARSONS CORPORATION (PSN), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On February 19, 2025, Parsons released its fourth quarter 2024 financ
Vroom Provides Update on Relisting of Common Stock and Q4 2024 Liquidity
NEW YORK--(BUSINESS WIRE)--Vroom, Inc. (the “Company”), a leading automotive finance company and a data and AI-powered analytics and digital services platform supporting the automotive industry, today provided an update regarding the relisting of the Company’s common stock on the Nasdaq Stock Market LLC and certain preliminary unaudited financial results for the fourth quarter 2024, following the Company’s recapitalization of its previously issued unsecured convertible senior notes. Vroom has r