Lastest from Businesswire

BATON ROUGE, La.--(BUSINESS WIRE)--Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Bonvenu Bank will award $25,000 in Heirs’ Property Program grants to the BRidge Agency and EnvisioNBR during a ceremonial check presentation Thursday, January 23. The funds will give the organizations the ability to provide education and awareness about executing wills, deeds and property financial literacy. The media is encouraged to attend the check presentation, which will include r

SOUTHPORT, Conn.--(BUSINESS WIRE)--Stormfield Capital LLC (“Stormfield” or the “Company”), a leading institutional private credit manager specializing in lower middle-market commercial real estate bridge lending, today announced it funded $65 million in loan originations across 16 individual investments in December 2024, marking its highest monthly volume since inception. “We are thrilled to begin 2025 with such strong momentum,” said Wesley Carpenter, Co-Founder and Managing Partner of Stormfi

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) today reported fourth quarter 2024 income from continuing operations of $0.76 per share, as compared to $1.01 per share in the fourth quarter of 2023. Adjusted income from continuing operations, a non-GAAP measure that is defined and reconciled to GAAP in an attachment to this release, was $1.34 per share for the fourth quarter of 2024, compared to $1.60 per share in the fourth quarter of 2023. Full year 2024 income from continuing ope

SAN FRANCISCO--(BUSINESS WIRE)-- #DomainName--BRS Media, a dynamic and expanding media e-commerce firm empowering traditional and interactive media companies to build and brand through the power of the Internet, has announced the release of dotFM’s FM Top 100 Hits of 2024. This eagerly awaited year-end ranking spotlights the most influential .FM sites, brands, and platforms making waves online and on air. The list celebrates the creativity and innovation driving the digital and content brands to new heights.

LENEXA, Kan.--(BUSINESS WIRE)-- #SASE--As organizations expand their digital ecosystems, the complexity of managing firewall policies across hybrid and multi-cloud environments continues to rise. An IDC InfoBrief, sponsored by FireMon, examines how enterprises address these challenges through automation, real-time visibility, and AI-driven security policy management to reduce risk, improve compliance, and increase operational efficiency. With the global firewall market revenue projected to reach $15.3

CHARLOTTE, N.C.--(BUSINESS WIRE)--Ridgemont Equity Partners announces investment in Strata Information Group (SIG), a leading provider of managed services for higher education.

NEW YORK--(BUSINESS WIRE)--ZMC, a leading middle market private equity firm focused on investments in the media, entertainment, communications and technology sectors, is pleased to announce four internal promotions: Scott Lucas has been promoted to Principal; Ben Carus to Principal, Value Creation; Christina Gao to Vice President; and Lauren Fisher to Chief Talent Advisor & Operating Partner. Commenting on the promotions, ZMC Founder and Managing Partner Strauss Zelnick said, “We are thrill

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 to support the investment in phData, Inc. (“phData”) by Gryphon Investors. Founded in 2014 and based in Minneapolis, MN, phData is one of the largest pure-play data engineering companies globally, offering services including data engineering, AI and machine learning, analytics, and visualization to customers across the financial ser

KANSAS CITY, Mo.--(BUSINESS WIRE)--Commerce Bancshares, Inc. announced earnings of $1.01 per share for the three months ended December 31, 2024, compared to $.79 per share in the same quarter last year and $1.01 per share in the third quarter of 2024. Net income for the fourth quarter of 2024 amounted to $136.1 million, compared to $109.2 million in the fourth quarter of 2023 and $138.0 million in the prior quarter. In announcing these results, John Kemper, President and Chief Executive Officer

SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements concerning FTAI business and prospects, resulting in its stock trading at inflated prices.

LONDON--(BUSINESS WIRE)--Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced it is powering Trading 212’s launch into 20 countries in continental Europe. Marqeta powers the Trading 212 card, a debit card that helps Trading 212 deepen its relationship and increase engagement with its over 3 million customers, allowing consumers to spend on the Trading 212 platform with zero fx and account fees and earn

LONDON--(BUSINESS WIRE)--Pantarai announced the launch of its loan closing and middle office solutions for Investment Firms in the broadly syndicated and private credit markets. Founded by industry veterans with decades of skills and expertise in the loan market across North America, EMEA and APAC, and who share a commitment to transforming the state of trade closing in the loan industry, Pantarai is the only one of its kind--a firm dedicated to bringing back white-glove client service to trade

SAN DIEGO--(BUSINESS WIRE)--California-based plaintiffs’ law firm CaseyGerry is investigating allegations against Allstate Corporation and its subsidiary, Arity, LLC, for collecting and misusing personal driving data, potentially breaching California’s stringent privacy laws. If you’ve used apps like Routely, Life360, GasBuddy, or Fuel Rewards, your personal driving data may have been collected and sold—without your consent. Allstate and Arity, LLC have been accused of embedding tracking softwa

DENVER--(BUSINESS WIRE)--CSG® (NASDAQ: CSGS) today announced as part of the Board of Directors’ long-term succession planning process that Ron Cooper, the current Board Chair, will step down from the role at the end of his term on May 14, 2025. Marwan Fawaz, a current board member and industry veteran, has been selected by the Board to succeed Mr. Cooper as Chair following the May 2025 Annual Shareholders Meeting. Mr. Fawaz has served as a CSG Board Member since 2016. A 25+ year technology, med

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) reported its fourth-quarter and full-year 2024 financial results last Friday, January 17, 2025. The news release, presentation and additional financial information can be accessed on State Street’s Investor Relations website, http://investors.statestreet.com. A conference call to discuss the firm’s financial results and outlook scheduled for 11:00 a.m. ET, Friday, January 17, 2025 was interrupted after the conclusion of the prepared

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Block, Inc. (“Block” or the “Company”) (NYSE: SQ; XYZ) Class A common stock between February 26, 2020 and April 30, 2024, inclusive (the “Class Period”). Block investors have until March 18, 2025 to file a lead plaintiff motion. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN BLOCK, INC. (SQ, XYZ), CONTACT THE LAW OFFICES OF HOWARD G. SMITH TO PA

NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with losses in Excess of $100,000 that they have until March 18, 2025 to file lead plaintiff applications in a securities class action lawsuit against Innovative Industrial Properties, Inc. (NYSE: IIPR), if they purchased the Company’s securities between February 27, 2024 and December 19, 2024, inclusive (the “Class Period”). This action

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a K1 short-term debt rating to the up to $2 billion Unsecured Commercial Paper Notes Program (“CP Notes”) expected to be issued by Air Lease Corporation (NYSE: AL, “the company”), a leading global aircraft leasing company based in Los Angeles, California. Key Credit Considerations The K1 short-term debt rating on the CP Notes reflects AL’s A- issuer rating and Stable Outlook as well as the company's strong liquidity and funding profiles, supported by soli

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to three classes of notes issued by GoodLeap Home Improvement Solutions Trust 2025-1 (“GDLP 2025-1”), a $349.657 million asset-backed securitization collateralized by a pool of residential home improvement loans originated by GoodLeap, LLC ("GoodLeap" or the "Company"). The preliminary ratings reflect the initial credit enhancement levels ranging from 21.06% for the Class A notes to 5.16% for the Class C notes as a percentage of 95% of

CHICAGO & SARASOTA, Fla.--(BUSINESS WIRE)--Shore Capital Partners (“Shore” or “Shore Capital”) is pleased to announce its partnership with Ackerman Plumbing, Inc. (“Ackerman”), a commercial plumbing company based in Sarasota, Florida. Ackerman Plumbing, a trusted name in the commercial plumbing industry, has earned a stellar reputation for its commitment to quality service and customer satisfaction. With this acquisition, Shore seeks to leverage Ackerman’s extensive industry experience and esta