Recent Articles from Business Wire
BlueFive Capital announced today that Bahrain Mumtalakat Holding Company, the sovereign wealth fund of the Kingdom of Bahrain, has acquired a stake in the firm, underscoring Mumtalakat’s commitment to supporting emerging financial players.
By BlueFive Capital · Via Business Wire · August 4, 2025
Nucleus Network, a global leader in early phase clinical research, today announced the acquisition of Hammersmith Medicines Research (HMR), one of the United Kingdom’s most respected early phase clinical trial organisations. This milestone marks a significant step in Nucleus Network’s global growth, establishing the only early phase provider with dedicated facilities in Australia, the United States, and the United Kingdom.
By Nucleus Network · Via Business Wire · August 4, 2025
Black Hat USA 2025--CrowdStrike (NASDAQ: CRWD) today released the 2025 Threat Hunting Report, highlighting a new phase in modern cyberattacks: adversaries are weaponizing GenAI to scale operations and accelerate attacks – and increasingly targeting the autonomous AI agents reshaping enterprise operations. The report reveals how threat actors are targeting tools used to build AI agents – gaining access, stealing credentials, and deploying malware – a clear sign that autonomous systems and machine identities have become a core part of the enterprise attack surface.
By CrowdStrike, Inc. · Via Business Wire · August 4, 2025
Legatum, the private investment group with a twenty-year track record in collaborative philanthropy and humanitarian action, has today announced it is on track to secure over $US30 million in initial commitments for its latest philanthropic endeavour — the Resilio Fund, a pioneering initiative designed to transform crisis response by putting resources and decision-making into the hands of the affected communities.
By Legatum · Via Business Wire · August 4, 2025
Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today its financial and operating results for the second quarter of 2025. For the quarter, the Company generated a net loss of $88 million, or $0.18 per diluted share. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net loss(1) of $93 million, or $0.19 per diluted share for the second quarter of 2025.
By Kosmos Energy Ltd. · Via Business Wire · August 4, 2025
Today, Alcoa of Australia Limited (“Alcoa”), a wholly-owned subsidiary of Alcoa Corporation (NYSE: AA; ASX AAI; “the Company”), announced a Joint Development Agreement (“JDA”) with Japan Australia Gallium Associates Pty Ltd (“JAGA”), a joint venture between Sojitz Corporation (Sojitz) and Japan Organization for Metals and Energy Security (JOGMEC), to explore the feasibility of a gallium project to be co-located at one of Alcoa’s operating alumina refineries in Western Australia.
By Alcoa · Via Business Wire · August 4, 2025
Elliptic Labs (OSE: ELABS), a global AI software company and the world leader in AI Virtual Smart Sensors™ currently deployed in over half a billion devices, has launched its AI Virtual Smart Sensor Platform™ on three smartphone models in July 2025. HONOR launched two smartphones: the HONOR X70 Series. vivo announced one smartphone: the vivo X200FE smartphone. For 2025 year-to-date, Elliptic Labs has launched on a total of 39 smartphone models. Lastly, with the HONOR X70 Series shipment, Elliptic Labs surpassed 200 smartphone models shipped in its history!
By Elliptic Labs · Via Business Wire · August 4, 2025
Regulatory news:
By Innate Pharma SA · Via Business Wire · August 4, 2025
Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today shared a weekly business update from YT Jia, Founder and Co-CEO of FF.
By Faraday Future Intelligent Electric Inc. · Via Business Wire · August 4, 2025
Rosen Law Firm, a global investor rights law firm, reminds investors that a shareholder filed a class action on behalf of purchasers of American Depositary Shares (“ADSs”) of Reckitt Benckiser Group PLC (OTC: RBGLY) between January 13, 2021 through July 28, 2024. Reckitt describes itself as a “U.K.-based consumer goods and health conglomerate.”
By The Rosen Law Firm, P.A. · Via Business Wire · August 3, 2025
The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Lineage, Inc. (“Lineage” or “the Company”) (NASDAQ: LINE) for violations of the federal securities laws.
By The Schall Law Firm · Via Business Wire · August 3, 2025
The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Novo Nordisk A/S (“Novo Nordisk” or “the Company”) (NYSE: NVO) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
By The Schall Law Firm · Via Business Wire · August 3, 2025
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of CoreCard Corporation (NYSE: CCRD) to Euronet Worldwide, Inc. (NasdaqGS: EEFT). Under the terms of the proposed transaction, each share of CoreCard common stock will be exchanged for a number of shares of Euronet common stock equal to an exchange ratio between 0.2783 and 0.3142, calculated as $30 divided by the volume weighted average share price of Euronet common stock over the 15-trading day period ending on and including the second to last trading day prior to the closing date (the “Final Euronet Stock Price”), subject to a floor of $95.48 per share and a ceiling of $107.80 per share. CoreCard shareholders will receive 0.3142 Euronet shares for each of their CoreCard shares if the Final Euronet Stock Price is at or below $95.48, and 0.2783 Euronet shares for each of their CoreCard shares if the Final Euronet Stock Price is at or above $107.80. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
By Kahn Swick & Foti, LLC · Via Business Wire · August 3, 2025
Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into AppLovin Corporation (NasdaqGS: APP).
By Kahn Swick & Foti, LLC · Via Business Wire · August 3, 2025
The Broker Action Coalition (BAC) welcomes the passage of the Homebuyers Privacy Protection Act, bipartisan legislation that limits the sale of trigger leads. With the Senate passing the House version on August 2, the bill has officially cleared Congress and now heads to the President’s desk. The BAC urges President Trump to sign the bill into law without delay.
By Broker Action Coalition · Via Business Wire · August 3, 2025
Rosen Law Firm, a global investor rights law firm, reminds investors that a shareholder filed a class action lawsuit on behalf of purchasers of securities of Rocket Pharmaceuticals, Inc. (NASDAQ: RCKT) between September 17, 2024 and May 26, 2025. Rocket Pharmaceuticals is a fully integrated, late-stage biotechnology company.
By The Rosen Law Firm, P.A. · Via Business Wire · August 2, 2025
First paragraph under second table, second sentence should read: At June 30, 2025, insurance float (the net liabilities we assume under insurance contracts) was approximately $174 billion, an increase of $3 billion since yearend 2024 (instead of At June 30, 2024, insurance float (the net liabilities we assume under insurance contracts) was approximately $174 billion, an increase of $3 billion since yearend 2024.)
By Berkshire Hathaway Inc. · Via Business Wire · August 2, 2025
Rosen Law Firm, a global investor rights law firm, reminds investors that a shareholder filed a class action lawsuit on behalf of purchasers and acquirers of 3D Systems Corporation (NYSE: DDD) securities between August 13, 2024 and May 12, 2025. 3D Systems provides 3D printing and digital manufacturing solutions.
By Rosen Law Firm · Via Business Wire · August 2, 2025
Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) (the “Company” or “Allied”), a global experiential entertainment company, announced that the United States District Court for the Central District of California issued an order today that the Combined 2024/2025 Annual Meeting of Stockholders (“Annual Meeting”) not be postponed and enjoining Allied and Knighted Pastures LLC (“Knighted”) from conducting any vote regarding changes to the composition of Allied’s Board of Directors at the Annual Meeting. As such, the Annual Meeting will take place as planned on August 4, 2025, but no vote will be taken on any of the Company’s or Knighted’s director nominees or Knighted’s proposal to remove Mr. Yangyang Li from the board of directors. All other proposals will continue to be voted on at the Annual Meeting.
By Allied Gaming & Entertainment, Inc. · Via Business Wire · August 1, 2025
T-Mobile US, Inc. (NASDAQ: TMUS) (the “Company”) today announced, together with T-Mobile USA, Inc., its wholly-owned subsidiary (“T-Mobile USA”), the expiration and final results of its previously announced offers to exchange (the “Exchange Offers”) any and all of certain series of outstanding senior notes of Array Digital Infrastructure, Inc. (formerly known as United States Cellular Corporation) (“Array”). The Exchange Offers were launched pursuant to the Securities Purchase Agreement announced on May 28, 2024, under which the Company agreed to purchase certain assets from Array.
By T-Mobile US, Inc. · Via Business Wire · August 1, 2025
Forge Global Holdings, Inc. (“Forge” or the “Company”) (NYSE:FRGE), today announced a correction to its press release issued on July 30, 2025, announcing the Company’s unaudited financial results for the second quarter and six months ended June 30, 2025. The correction relates to non-cash entries recorded in connection with the valuation and accounting presentation of the Company’s warrant liabilities and conforms reporting and presentation in the prior release and supplemental materials to the results and presentation to be reported in the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2025.
By Forge Global · Via Business Wire · August 1, 2025
Sphere Entertainment Co. (NYSE: SPHR) and The Venetian Resort Las Vegas announced today a new activation in the resort’s Waterfall Atrium in celebration of The Wizard of Oz at Sphere, which opens on August 28 at Sphere.
By Sphere Entertainment Co. · Via Business Wire · August 1, 2025
Zello, a private investment platform focused on scaling exceptional businesses in the broader entertainment industry, announced today that it has acquired Cinelease, a market leader in lighting and grip rentals, from Herc Rentals (NYSE: HRI). The transaction marks a defining move in Zello’s strategy to support the infrastructure behind content creation — and power the future of global film and television production.
By Zello · Via Business Wire · August 1, 2025
Robbins Geller Rudman & Dowd LLP announces that purchasers of Lineage, Inc. (NASDAQ: LINE) common stock in or traceable to the registration statement used in connection with Lineage’s July 2024 initial public offering (the “IPO”), have until September 30, 2025 to seek appointment as lead plaintiff of the Lineage class action lawsuit. Captioned City of St. Clair Shores Police and Fire Retirement System v. Lineage, Inc., No. 25-cv-12383 (E.D. Mich.), the Lineage class action lawsuit charges Lineage and certain of its top executives, directors, IPO underwriters, and IPO sponsor with violations of the Securities Act of 1933.
By Robbins Geller Rudman & Dowd LLP · Via Business Wire · August 1, 2025
This news release is issued by Mogo Inc. (NASDAQ:MOGO; TSX:MOGO) (“Mogo” or the “Company”) pursuant to the early warning requirements of Canada’s National Instrument 62-104 and National Instrument 62-103 with respect to common shares (“WonderFi Shares”) of WonderFi Technologies Inc. (TSX: WNDR, OTCQB: WONDF) (“WonderFi”), a corporation with a head office at 371 Front Street West, Suite 304, Toronto, Ontario, M5V 3S8.
By Mogo Inc. · Via Business Wire · August 1, 2025
Align Technology, Inc. (“Align”) (Nasdaq: ALGN) a leading global medical device company that designs, manufactures, and sells the Invisalign® System of clear aligners, iTero™ intraoral scanners, and exocad™ CAD/CAM software for digital orthodontics and restorative dentistry, today announced that Joe Hogan, Align Technology president and CEO, has personally purchased approximately $1 million of Align’s common stock. Since his last sale of Align common stock in 2021, Mr. Hogan has purchased approximately $8 million of Align common stock1.
By Align Technology, Inc. · Via Business Wire · August 1, 2025
Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until August 4, 2025 to file lead plaintiff applications in a securities class action lawsuit against Reckitt Benckiser Group PLC (“Reckitt” or the “Company”) (OTC: RBGLY), if they purchased the Company’s American Depositary Shares (“ADSs”) between January 13, 2021 and July 28, 2024, inclusive (the “Class Period”). This action is pending in the United States District Court for the Southern District of New York.
By Kahn Swick & Foti, LLC · Via Business Wire · August 1, 2025
Immunome, Inc. (the “Company”) (Nasdaq: IMNM), a biotechnology company focused on developing first-in-class and best-in-class targeted cancer therapies, announced today that on Aug. 1, 2025, the Compensation Committee of the Company’s Board of Directors (the “Compensation Committee”) granted inducement awards consisting of non-statutory stock options to purchase an aggregate of 39,000 shares of common stock to 5 new employees under the Company’s 2024 Inducement Plan. The Compensation Committee approved the stock options as an inducement material to such employees’ employment in accordance with Nasdaq Listing Rule 5635(c)(4).
By Immunome, Inc. · Via Business Wire · August 1, 2025
Avidia Bancorp, Inc. (the “Company”) (NYSE: “AVBC”), the holding company of Avidia Bank, today reported second quarter financial results of Assabet Valley Bancorp, the former mutual holding company of Avidia Bank. As previously reported, Assabet Valley Bancorp completed its mutual-to-stock conversion transaction effective July 31, 2025, which resulted in the Company completing its initial public offering of shares of its common stock and becoming the stock holding company of Avidia Bank.
By Avidia Bancorp, Inc. · Via Business Wire · August 1, 2025
AM Best has assigned a Preliminary Credit Assessment (PCA) to Sabal Specialty Insurance Company, Inc. (Sabal Specialty) (Delaware) with a Financial Strength Assessment of A- pca (Excellent) and a Long-Term Issuer Credit Assessment of “a-” pca (Excellent). The outlook assigned to the PCA is stable.
By AM Best · Via Business Wire · August 1, 2025
NETGEAR, Inc. (Nasdaq: NTGR), a global leader in intelligent networking solutions designed to power extraordinary experiences, today announced that it granted inducement equity awards to new employees across several business units of the company.
By NETGEAR, Inc. · Via Business Wire · August 1, 2025
The following Eaton Vance closed-end funds (the “Funds”) announced distributions today as detailed below.
By Eaton Vance · Via Business Wire · August 1, 2025
Sky Harbour Group Corporation (NYSE: SKYH, SKYH WS) (“SHG” or the “Company”), an aviation infrastructure company building the first nationwide network of Home-Basing campuses for business aircraft, today announced that it will release its Second Quarter 2025 financial results and file its quarterly report on Form 10-Q with the SEC after market close on Tuesday, August 12th, 2025, and that it will host an investor webcast at 5:00 pm ET the same day. On the call, Sky Harbour will review quarterly financial results and provide a general business update. A question-and-answer session with Sky Harbour leadership will follow. Both the call and webcast are open to the general public.
By Sky Harbour Group Corporation · Via Business Wire · August 1, 2025
AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a” (Excellent) of Palms Insurance Company, Limited (Palms) (George Town, Cayman Islands). Concurrently, AM Best has affirmed the FSR of A- (Excellent) and the Long-Term ICR of “a-” (Excellent) of Palms Specialty Insurance Company, Inc. (Palms Specialty) (Delaware). The outlook of these Credit Ratings (ratings) is stable.
By AM Best · Via Business Wire · August 1, 2025
KORU Medical Systems, Inc. (NASDAQ: KRMD) (“KORU Medical” or the “Company”), a leading medical technology company focused on the development, manufacturing, and commercialization of innovative and patient-centric large volume subcutaneous infusion solutions, today announced inducement equity awards to Adam Kalbermatten, Chief Commercial Officer, pursuant to his previously announced employment agreement with the Company dated as of June 30, 2025.
By KORU Medical Systems, Inc. · Via Business Wire · August 1, 2025
SSP Innovations, LLC (SSP), today announced a strategic realignment with 3-GIS to strengthen operational focus, with SSP concentrating on utility services and 3-GIS expanding its software leadership across utility and telecommunications industries. This initiative is intended to enhance organizational focus, accelerate innovation, and position both companies to deliver even greater value to clients across the utility and telecommunications sectors.
By SSP Innovations · Via Business Wire · August 1, 2025
General American Investors Company, Inc., a closed-end investment company listed on the New York Stock Exchange (GAM), filed with the U.S. Securities and Exchange Commission (SEC) its Certified Shareholder Report (Form N-CSR) for the six-month period ended June 30, 2025. The Form N-CSR contains the Company’s June 30, 2025 Semi-Annual Report and is available at the SEC’s website: www.sec.gov and the Company’s website: www.generalamericaninvestors.com. The Semi-Annual Report is expected to be mailed to stockholders shortly.
By General American Investors Company, Inc. · Via Business Wire · August 1, 2025
PagerDuty (NYSE:PD), a global leader in digital operations management, today announced it has been named a Leader and Outperformer in the 2025 GigaOm Radar for AIOps for the fourth consecutive year. The annual report positions PagerDuty AIOps in the Innovation half of the GigaOm Radar, based on the company’s focus on frequent product updates, expanding automation capabilities and an AI-centric approach to human-in-the-loop decision making.
By PagerDuty · Via Business Wire · August 1, 2025
Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below.
By BlackRock Closed-End Funds · Via Business Wire · August 1, 2025
MFS Investment Management® (MFS®) announced today monthly distributions of the following closed-end funds, all with declaration dates of August 1, 2025, ex-dividend dates of August 19, 2025, record dates of August 19, 2025, and payable dates of August 29, 2025:
By MFS Investment Management · Via Business Wire · August 1, 2025
Viking® (www.viking.com) (NYSE: VIK) today announced that its 2027–2028 ocean and expedition voyages are now open for booking. With destination-focused journeys on all seven continents, additional departures are now available across Viking’s award-winning ocean and expedition fleet, including the company’s most popular itineraries. The new sailing dates include voyages on Viking’s newest ocean ship, the Viking Lyra®, which is scheduled to join the fleet in 2028 and will spend her inaugural season in the Mediterranean and Scandinavia. As part of today’s announcement, Viking also unveiled a new expedition itinerary, Into the Antarctic Circle, which will offer travelers the rare opportunity to cross the 66°33′ line of latitude, which marks the Antarctic Circle, while exploring the “White Continent” – an honored milestone among polar explorers.
By Viking · Via Business Wire · August 1, 2025
Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that it will participate in the following upcoming events:
By Helix Energy Solutions Group, Inc. · Via Business Wire · August 1, 2025
Betterware de México, S.A.P.I. de C.V. (NYSE:BWMX) (“BeFra” or the “Company”), announced today that during the shareholders meeting held on July 31, 2025, the payment of an aggregate dividend of MX $200,000,000 was approved. This amount represents approximately US $0.2851 per share before applicable tax withholdings, or approximately US $0.2566 per share after applicable tax withholdings. The dividend is payable on August 28, 2025 to shareholders of record as of August 11, 2025.
By Betterware de México, S.A.P.I. de C.V. · Via Business Wire · August 1, 2025
KBRA assigns preliminary ratings to six classes of notes issued by NMEF Funding 2025-B, LLC (NMEF 2025-B), an equipment ABS.
By Kroll Bond Rating Agency, LLC · Via Business Wire · August 1, 2025
Maryland American Water filed a request today with the Maryland Public Service Commission (PSC) for new rates, reflecting $22 million of water system investments since the company’s last rate request. The request reinforces the company’s commitment to replacing aging infrastructure and continuing to provide high-quality water service in compliance with environmental regulations for the benefit of customers.
By American Water Maryland · Via Business Wire · August 1, 2025
SITE Centers Corp. (NYSE: SITC) announced today the sale of Winter Garden Village (Orlando, FL) for $165.0 million and the sale of Deer Valley Towne Center (Phoenix, AZ) for $33.7 million, both prior to closing costs, prorations and other closing adjustments. A portion of net proceeds were used to repay $22.3 million of mortgage debt.
By SITE Centers Corp. · Via Business Wire · August 1, 2025
Lazard, Inc. (NYSE: LAZ) announced today that its subsidiary Lazard Group LLC (“Lazard Group”) has completed its previously announced offering (the “Offering”) of $300,000,000 aggregate principal amount of 5.625% Senior Notes due 2035 (the “Notes”). The Notes were issued by Lazard Group and were offered pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission. The Notes are senior unsecured obligations of Lazard Group. The Notes are fully and unconditionally guaranteed by Lazard, Inc. The guarantees of the Notes are unsecured unsubordinated obligations of Lazard, Inc.
By Lazard, Inc. · Via Business Wire · August 1, 2025
Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform for human + AI coordination, announced today that it will release financial results for the second quarter fiscal year 2026 on Wednesday, September 3, after the close of the U.S. markets.
By Asana, Inc. · Via Business Wire · August 1, 2025
E*TRADE from Morgan Stanley today released the data from its monthly sector rotation study, based on the E*TRADE customer notional net percentage buy/sell behavior for stocks that comprise the S&P 500 sectors.
By E*TRADE · Via Business Wire · August 1, 2025
Cardlytics, Inc. (NASDAQ: CDLX) today announced that on July 30, 2025, the Compensation Committee of Cardlytics’ Board of Directors granted an aggregate of 454,600 restricted stock units of Cardlytics to two newly hired employees. The restricted stock units were granted as material inducements to employment with Cardlytics in accordance with Nasdaq Listing Rule 5635(c)(4) and were granted under the Cardlytics, Inc. 2022 Inducement Plan (the “2022 Inducement Plan”).
By Cardlytics, Inc. · Via Business Wire · August 1, 2025
B&G Foods, Inc. (NYSE: BGS) announced today that it has sold the Le Sueur brand of premium sweet peas, green beans and carrots to McCall Farms, Inc.
By B&G Foods, Inc. · Via Business Wire · August 1, 2025
Exicure, Inc. (Nasdaq: XCUR), a clinical-stage biotechnology company developing therapeutics for hematologic diseases, today announced it has completed the last patient, last visit in its ongoing Phase 2 clinical trial (NCT05561751) evaluating the safety and efficacy of GPC-100 (burixafor) in combination with propranolol and G-CSF in multiple myeloma patients undergoing autologous stem cell transplant (ASCT). Topline results from the study are expected in the fourth quarter of 2025.
By Exicure, Inc. · Via Business Wire · August 1, 2025
Papa John’s International, Inc. (Nasdaq: PZZA) today announced that its Board of Directors has declared a quarterly dividend of $0.46 per common share. The dividend is payable August 29, 2025, to shareholders of record at the close of business on August 18, 2025. At this quarterly dividend rate, the annual dividend is equivalent to $1.84 per common share.
By Papa John’s International, Inc. · Via Business Wire · August 1, 2025
Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) joined Catalyst Bank, The Refinery Mission and elected officials to break ground today on The Rig housing development. The project was made possible in part by a $2 million FHLB Dallas Affordable Housing Program (AHP) grant through FHLB Dallas member Catalyst Bank.
By Federal Home Loan Bank of Dallas · Via Business Wire · August 1, 2025
Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Performant Healthcare, Inc. (NASDAQ: PHLT) to Machinify for $7.75 in cash is fair to Performant shareholders.
By Halper Sadeh LLC · Via Business Wire · August 1, 2025
Advantage Capital Holdings, LLC (“A-CAP” or “the Company”), a New York-based insurance and financial services company with over $16 billion in assets, today announced that one of its wholly owned subsidiaries has completed a strategic capital transaction with affiliates of BDT & MSD Partners, LLC (“BDT & MSD”). The investment is structured as a credit facility with features that provide flexibility to support the company’s growth and long-term objectives.
By Advantage Capital Holdings, LLC · Via Business Wire · August 1, 2025
AM Best has downgraded the Financial Strength Rating to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Ratings to “a-” (Excellent) from “a” (Excellent) of the members of Allegany Insurance Group (Allegany). These Credit Ratings (ratings) apply to Allegany Co-op Insurance Company (Cuba, NY), Conemaugh Valley Mutual Insurance Company (Johnstown, PA), and United Frontier Mutual Insurance Company (Lockport, NY). The outlook of these ratings has been revised to stable from negative.
By AM Best · Via Business Wire · August 1, 2025
Lazard, Inc. (NYSE: LAZ) announced today the Total Consideration as set forth in the table below in respect of the previously announced cash tender offer (the “Tender Offer”) of its subsidiary Lazard Group LLC (“Lazard Group”) for any and all of its outstanding 3.625% Senior Notes due March 1, 2027 (the “Notes”).
By Lazard, Inc. · Via Business Wire · August 1, 2025
After more than three decades of brewing great local beers and bringing the community together, Capitol City Brewing Company will officially close its doors on Thursday, August 28, 2025.
By Urban Adventures Companies · Via Business Wire · August 1, 2025
Video playback is now available for a complimentary webinar titled “Navigating Construction Risk: Evolving Exposures, Strategic Solutions,” hosted by AM Best and sponsored by Munich Re Specialty. Access it here.
By AM Best · Via Business Wire · August 1, 2025
Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into The J.M. Smucker Company (NYSE: SJM) for potential violations of the federal securities laws.
By Bleichmar Fonti & Auld LLP · Via Business Wire · August 1, 2025
NextNav, a leader in resilient Positioning, Navigation, and Timing (PNT) technologies, today announced a strategic partnership with Oscilloquartz, an Adtran company and global leader in time synchronization solutions. The companies will showcase how 5G-powered terrestrial PNT and Oscilloquartz’s proven timing technology could enable a scalable complement and backup to GPS capable of keeping critical systems like data centers, utilities, and emergency services running during outages.
By NextNav · Via Business Wire · August 1, 2025
Genentech, a member of the Roche Group (SIX: RO, ROG; OTCQX: RHHBY), announced today new, five-year efficacy, safety and durability data from the Phase III Portal study, a long-term extension of the Phase III Archway study, of Susvimo® (ranibizumab injection) for the treatment of people with wet AMD. Results show that Susvimo’s immediate and predictable durability was sustained over five years, with approximately 95% of people receiving treatment every six months requiring no supplemental treatment before each refill. The data were presented at the American Society of Retina Specialists (ASRS) 2025 Annual Meeting in Long Beach, California.
By Genentech · Via Business Wire · August 1, 2025
Udemy (Nasdaq: UDMY), a leading AI-powered skills acceleration platform, today announced that Chief Executive Officer Hugo Sarrazin will participate in a fireside chat session during the Canaccord Genuity 45th Annual Growth Conference.
By Udemy · Via Business Wire · August 1, 2025
Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Fluor Corporation (NYSE: FLR) for potential violations of the federal securities laws.
By Bleichmar Fonti & Auld LLP · Via Business Wire · August 1, 2025
AM Best has placed under review with developing implications the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Puritan Life Insurance Company of America (Puritan) (Scottsdale, AZ).
By AM Best · Via Business Wire · August 1, 2025
KBRA announces the assignment of preliminary ratings to five classes of VRTX 2025-HQ, a CMBS single-borrower securitization. The collateral for the transaction is a $600 million portion of a $1.0 billion fixed rate, interest-only first lien mortgage loan. The fixed-rate loan has a five-year term and requires monthly interest-only payments based on an assumed interest rate of 6.25%. The loan is secured by the borrower’s fee simple interest in Vertex HQ , two 15-story, Class-A, LEED Gold office tower containing 1.1 million sf. The building is located in the Seaport neighborhood of downtown Boston. The buildings were developed in 2013 as a built-to-suit corporate headquarters for Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX). KBRA performed a credit estimate on Vertex, and the results of the analysis indicated that Vertex has credit characteristics consistent with an entity with an investment grade rating. Vertex leases all of the office and lab space at the property and represents 96.8% of base rent. The tenant recently renewed its lease through 2044, or approximately 14 years beyond the loan term.
By Kroll Bond Rating Agency, LLC · Via Business Wire · August 1, 2025
Interactive Brokers Group, Inc. (Nasdaq: IBKR) an automated global electronic broker, today reported its Electronic Brokerage monthly performance metrics for July.
By Interactive Brokers Group, Inc. · Via Business Wire · August 1, 2025
Angel Oak Financial Strategies Income Term Trust (the “Fund”), a closed-end fund traded on the New York Stock Exchange under the symbol FINS, today declared a distribution of $0.115 per share for the month of August 2025, equating to an approximate 10% distribution on NAV. FINS intends to maintain its level distribution policy at the new higher distribution rate. The record date for the distribution is August 15, 2025, and the payable date is August 29, 2025. The Fund will trade ex-distribution on August 15, 2025.
By Angel Oak Financial Strategies Income Term Trust · Via Business Wire · August 1, 2025
Congratulations to Lisa Detanna, Managing Director, of the Global Wealth Solutions Group of Raymond James located at 9595 Wilshire Blvd, Suite 801, Beverly Hills, CA 90212, on being recognized #8 on Barron’s 2025 Top 100 Women Financial Advisor lists, release July 2025.
By Raymond James · Via Business Wire · August 1, 2025
Horizon Technology Finance Corporation (NASDAQ: HRZN) (“HRZN” or “Horizon”), an affiliate of Monroe Capital, and a leading specialty finance company that provides capital in the form of secured loans to venture capital and private equity-backed companies and publicly traded companies in the technology, life science, healthcare information and services, and sustainability industries, announced today that it plans to release financial results for the second quarter ended June 30, 2025 on Thursday, August 7, 2025, after the close of market trading.
By Horizon Technology Finance Corporation · Via Business Wire · August 1, 2025
Chemed Corporation (NYSE:CHE) announced today that the Board of Directors has formally authorized an additional $300 million for stock repurchase under Chemed’s existing share repurchase program. These shares repurchases will be funded through a combination of cash generated from operations as well as utilization of its revolving credit facility.
By Chemed Corporation · Via Business Wire · August 1, 2025
Republic Bank & Trust Company ("Republic" or the “Bank") is proud to introduce two new members to the corporate leadership team. Promoted from within, Christy Ames now serves as Executive Vice President (EVP), Chief Legal Officer & General Counsel, and Scott Nardi takes on the role of Senior Vice President (SVP), Chief Risk & Compliance Officer.
By Republic Bancorp, Inc. · Via Business Wire · August 1, 2025
The "Europe Pyridine Market Size, Companies and Growth Trends and Forecast Report 2025-2033" report has been added to ResearchAndMarkets.com's offering.
By Research and Markets · Via Business Wire · August 1, 2025
BioConsortia, Inc., a leader in microbial innovation for sustainable agriculture, announced today it has secured $15 million in funding from its long-standing internal investors, led by Otter Capital and affiliated funds.
By BioConsortia, Inc. · Via Business Wire · August 1, 2025