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FTV Capital Completes Record $4.05 Billion Growth Equity Fundraise

Lastest from Businesswire - Wed, 01/08/2025 - 12:44
NEW YORK & SAN FRANCISCO--(BUSINESS WIRE)--FTV Capital, a prominent sector-focused growth equity investment firm, today announced the successful completion of its latest growth equity fundraise with $4.05 billion in capital commitments. Spanning two complementary funds – its eighth flagship fund, FTV VIII, and a new vehicle dedicated to smaller investments, FTV Ascend I (“Ascend I”) – the new capital allows FTV to deepen and expand its approach to supporting innovative, high-growth companies wi

DigitalChalk Partners with AWS to Bring AI-Powered Innovation to Learning Leaders

Lastest from Businesswire - Wed, 01/08/2025 - 12:44
ASHEVILLE, N.C.--(BUSINESS WIRE)-- #CorporateTraining--DigitalChalk partners with AWS to enhance its LMS with AI capabilities, revolutionizing content creation, personalization, engagement and analytics.

Industrial Breakthrough: Brimstone to Produce Alumina, Bolstering U.S. Aluminum Supply Chain

Lastest from Businesswire - Wed, 01/08/2025 - 12:44
OAKLAND, Calif.--(BUSINESS WIRE)--Brimstone's deeply decarbonized cement manufacturing process also produces smelter grade alumina, marking a major U.S. industrial milestone.

First Keystone Corporation Announces Leadership Change

Lastest from Businesswire - Wed, 01/08/2025 - 12:44
BERWICK, Pa.--(BUSINESS WIRE)--As previously announced, Elaine A. Woodland, President and Chief Executive Officer of the First Keystone Corporation (the “Corporation”) and First Keystone Community Bank (the “Bank”), the wholly-owned subsidiary of the Corporation, notified the Boards of Directors of the Corporation and Bank of her retirement as an employee and President and Chief Executive Officer of the Corporation and the Bank, respectively, effective January 31, 2025. On January 6, 2025, the

Aprimo Named a Leader in the 2025 Gartner® Magic Quadrant™ for Digital Asset Management Platforms

Lastest from Businesswire - Wed, 01/08/2025 - 12:44
CHICAGO--(BUSINESS WIRE)--Aprimo, a global leader in digital asset management and marketing resource management solutions, today announced it has been named a Leader in the 2025 Gartner Magic Quadrant for Digital Asset Management (DAM) Platforms report. We believe this recognition highlights Aprimo's commitment to innovation, scalability, and empowering businesses to enhance their content operations with AI-driven solutions. “We are honored to be named a Leader in digital asset management by Ga

Most Companies Are Unprepared to Deploy AI, New Section Research Finds

Lastest from Businesswire - Wed, 01/08/2025 - 12:44
NEW YORK--(BUSINESS WIRE)--Section, the enterprise AI school, announced the latest research from their AI Proficiency Report today, which shows most companies are unprepared to deploy AI in 2025. The study, which assessed the AI knowledge and tested for AI skill in 5,000 U.S., Canadian, and UK knowledge workers, shows most of the workforce is still getting started with AI, and very few have the competency to use it safely and effectively. The research shows: Only 1% of the workforce are AI expe

Amazon Ads Brings Generative AI to Amazon Marketing Cloud with New SQL Generator

Lastest from Businesswire - Wed, 01/08/2025 - 12:44
LAS VEGAS--(BUSINESS WIRE)--At CES 2025, Amazon Ads today announced a SQL generator for Amazon Marketing Cloud (AMC), a new generative AI capability that helps advertisers more quickly and easily develop insights from their AMC signals. This new AMC capability provides a natural language interface through which advertisers can generate SQL queries for their desired audience use case – eliminating the need to create the code manually and reducing query development time from hours to minutes. Adv

Cloudinary Named a Visionary in 2024 Gartner® Magic Quadrant™ for Digital Asset Management Platforms

Lastest from Businesswire - Wed, 01/08/2025 - 12:44
SAN JOSE, Calif.--(BUSINESS WIRE)-- #AI--Cloudinary, the image and video platform that powers many of the world’s top brands, has been named a Visionary in the 2024 Gartner® Magic Quadrant™ for Digital Asset Management Platforms. We believe this recognition underscores our dedication to innovation, forward-thinking strategies and understanding of where the industry is heading. Cloudinary’s modern, AI-powered DAM enables digital businesses to manage and deliver personalized, visual-first experiences a

The Law Offices of Frank R. Cruz Continues Its Investigation of Huntington Ingalls Industries, Inc. (HII) on Behalf of Investors

Lastest from Businesswire - Wed, 01/08/2025 - 12:44
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz Continues Its Investigation of Huntington Ingalls Industries, Inc. (HII) on Behalf of Investors

KBRA Releases Research – KBRA CMBS Loss Compendium Update: December 2024

Lastest from Businesswire - Wed, 01/08/2025 - 12:44
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases the December 2024 issue of the KBRA CMBS Loss Compendium, which provides loss estimates for all KBRA-rated conduit transactions. In this report and its accompanying spreadsheet, KBRA provides insight into loss estimates for 361 outstanding conduit transactions and includes lifetime realized losses for nine conduits with withdrawn ratings owing to payoffs. The compendium uses the following two metrics to present the loss figures: KBRA Lifetime Base Loss (

Franklin Universal Trust (“FT” or the “Fund”) Announces Distribution

Lastest from Businesswire - Wed, 01/08/2025 - 12:44
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Universal Trust [NYSE: FT] today announced a monthly distribution from net investment income of $0.0425 per share, payable on January 31, 2025, to shareholders of record on January 21, 2025 (Ex-Dividend Date: January 21, 2025). The Fund’s primary investment objective is to provide high, current income consistent with preservation of capital. Its secondary objective is growth of income through dividend increases and capital appreciation. Distributions

Templeton Emerging Markets Income Fund (“TEI” or the “Fund”) Announces Distribution

Lastest from Businesswire - Wed, 01/08/2025 - 12:44
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Templeton Emerging Markets Income Fund [NYSE: TEI] today announced a monthly distribution from net investment income of $0.0475 per share, payable on January 31, 2025, to shareholders of record on January 21, 2025 (Ex-Dividend Date: January 21, 2025). The Fund’s Board of Trustees (the “Board”) has authorized a managed distribution plan (the “Plan”) pursuant to which the Fund makes monthly distributions to shareholders at the fixed rate of $0.0475 per shar

Franklin Limited Duration Income Trust (“FTF” or the “Fund”) Announces Distribution

Lastest from Businesswire - Wed, 01/08/2025 - 12:44
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Limited Duration Income Trust [NYSE American: FTF] today announced a monthly distribution from net investment income of $0.0615 per share, payable on January 31, 2025, to shareholders of record on January 21, 2025 (Ex-Dividend Date: January 21, 2025). The Fund’s Board of Trustees (the “Board”) has authorized a managed distribution plan (the “Plan”) pursuant to which the Fund makes monthly distributions to shareholders at the fixed rate of $0.0615 per

CAIA Association Announces Appointment of Alicia Gregory to its Board of Directors; Election of Jayne Bok as new Chair of CAIA Board

Lastest from Businesswire - Wed, 01/08/2025 - 12:44
AMHERST, Mass.--(BUSINESS WIRE)--Alicia Gregory joins CAIA Board of Directors; Jayne Bok elected Chair of CAIA's Board as CAIA continues its growth in the APAC region.

Milliman analysis: Corporate pensions close 2024 at 105% funded thanks to rising discount rates

Lastest from Businesswire - Wed, 01/08/2025 - 12:44
SEATTLE--(BUSINESS WIRE)--Milliman, Inc., a premier global consulting and actuarial firm, today released the 2024 year-end results of its Milliman 100 Pension Funding Index (PFI), which analyzes the 100 largest U.S. corporate pension plans. The funded ratio of the Milliman PFI plans saw significant improvement in 2024, rising from 99.5% at the end of 2023 to 105.0% as of December 31, 2024. A 59-basis-point increase in discount rates for the year, up to 5.59% at the end of December, drove this r

KBRA Assigns Preliminary Ratings to Lendbuzz Securitization Trust 2025-1

Lastest from Businesswire - Wed, 01/08/2025 - 12:44
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to four classes of notes issued by Lendbuzz Securitization Trust 2025-1 (“LBZZ 2025-1”), an auto loan ABS transaction. The preliminary ratings reflect the initial credit enhancement levels ranging from 22.20% for the Class A notes to 5.75% for the Class C notes. Credit enhancement on the notes is comprised of overcollateralization, subordination of junior note classes (except for the Class C notes), a cash reserve account funded at clo

Diversity, Innovation, and Discovery Lead the Way at the NY NOW 2025 Winter Market

Lastest from Businesswire - Wed, 01/08/2025 - 12:44
NEW YORK--(BUSINESS WIRE)--NY NOW, the leading wholesale trade show for gift, home, and accessories, today unveiled its dynamic exhibitor roster for the highly anticipated 2025 Winter Market. Taking place at the Jacob Javits Center from February 2–4, 2025, this year’s event will offer an unparalleled marketplace where iconic legacy brands and innovative newcomers converge, creating a destination for discovery, creativity, and meaningful connections. As the premier wholesale event for brands loo

Opportune LLP Announces Promotions to the Leadership Team

Lastest from Businesswire - Wed, 01/08/2025 - 12:44
HOUSTON--(BUSINESS WIRE)-- #BusinessNews--Opportune LLP, a leading global business advisory firm, is pleased to announce the promotions of Maggie Caldwell to Managing Director in Tax and Patrick Long to Principal in Process & Technology. Maggie Caldwell has been a vital member of the firm’s Tax Advisory team, bringing over ten years of experience in providing innovative solutions to clients. Her expertise encompasses mergers and acquisitions, initial public offerings (IPOs), and tax optimization related to

Lincoln Financial Releases Its Q1 Market Intel Exchange, Highlighting Top Investment Trends on the Minds of Investors

Lastest from Businesswire - Wed, 01/08/2025 - 12:44
RADNOR, Pa.--(BUSINESS WIRE)--Lincoln Financial (NYSE: LNC) released its first quarter edition of Market Intel Exchange, curated from the company’s in-house investment expertise and in partnership with industry-leading asset managers. The report provides insight into key economic and market trends likely to be top of mind for investors in 2025. Key insights include: The Fed is supportive, but rate cut expectations are shifting: The Federal Reserve’s summary of economic projections released in D

SHOT Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Safety Shot, Inc. Is Fair to Shareholders

Lastest from Businesswire - Wed, 01/08/2025 - 12:44
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Safety Shot, Inc. (NASDAQ: SHOT) and Yerbaé Brands Corp. is fair to Safety Shot shareholders. Upon completion of the proposed transaction, Safety Shot shareholders are expected to own approximately 75.8% of the combined company. Halper Sadeh encourages Safety Shot shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper a

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