News by subject: Business Update

Capco, the global technology and management consultancy, is expanding its community banking practice to enhance support for US community banks and credit unions. This expansion will assist institutions as they adapt to changing customer expectations...

Franklin Resources, Inc. (Franklin Templeton) today reported preliminary month-end assets under management (AUM) of $1,404.2 billion at May 31, 2023, compared to of $1,420.7 billion at April 30, 2023. This month's decrease in AUM reflected the...

First Foundation Inc. ("First Foundation" or the "Company"), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, today announced that it has filed an investor presentation...

Hewlett Packard Enterprise today released its annual Living Progress Report for fiscal year 2022, exhibiting the company's business strategy and commitment for creating sustainable and responsible technology solutions for a data-first world. HPE...

Golden Minerals Company ("Golden Minerals", "Golden" or the "Company") today announced that on June 6, 2023, the Company was notified by the NYSE American LLC (the "NYSE American") that it was not in compliance with one of NYSE American's continued...

OFS Credit Company, Inc. ("OFS Credit", the "Company", "we", "us" or "our"), an investment company that primarily invests in collateralized loan obligation ("CLO") equity and debt securities, today announced the following net asset value ("NAV")...

Strive Asset Management ("Strive") announces that it has surpassed $750 million in total assets under management (AUM), less than ten months after the launch of its first fund. While many asset managers are redefining the purpose of American...

Blue Apron closed its previously announced transaction with FreshRealm. Under the definitive agreements entered into today, Blue Apron transferred its operational infrastructure to FreshRealm, including fulfillment centers, equipment, know-how and...

UFP Industries announced today that the company has, for the third time, secured a position on the esteemed FORTUNE 500 list, ranking at 403 among the largest U.S. companies based on revenue. UFP Industries finished 2022 with record revenue of...

FLEETCOR Technologies, Inc. , today announced that it received the anticipated court order in the FTC marketing practices and disclosure case. As expected, the court order limits its injunctive relief to FLEETCOR's fuel card business in the United...

Researched by Industrial Info Resources--Petroleos Mexicanos (Pemex) (Mexico City, Mexico) is not expected to start up its new 340,000-barrel-per-day (BBL/d) Dos Bocas Olmeca refinery until late this year or even 2024, according to an IIR Energy...

Victory Capital Holdings, Inc. ("Victory Capital" or the "Company") today reported assets under management (AUM) of $154.8 billion as of May 31, 2023, and average assets under management for May of $155.8 billion. Victory Capital Holdings, Inc....

WisdomTree, Inc. , a global financial innovator, today released monthly metrics for May 2023, including assets under management (AUM) and flow data by asset class. Monthly Commentary: Net inflows of $325 million in May driven by robust non-U.S....

UroGen Pharma Ltd. , a biotech company dedicated to developing and commercializing innovative solutions that treat urothelial and specialty cancers, today announced the grants of inducement restricted stock units ("RSUs") to 6 new employees in...

Lucky Bucks, LLC and its parent, Lucky Bucks HoldCo, LLC (collectively, "Lucky Bucks"), among the largest Class B coin operated amusement machine ("COAM") operators in Georgia, today announced a recapitalization transaction with the overwhelming...

Farmland Partners Inc. (the "Company" or "FPI") today announced that it has sold 1,370 acres of farmland stretching across four farms in Arkansas, Georgia, Illinois, and South Carolina. The transactions totaled $8.9 million and resulted in a...

Playtika's Berlin-based studio Wooga has committed $100,000 to protect the Snow Leopards as part of its participation in the 2023 Green Game Jam by donating to the Snow Leopard Trust. For the third consecutive year of participation, Wooga ran an...

Royal Gold, Inc. (together with its subsidiaries, "Royal Gold" or the "Company," "we" or "our") announced today that Newmont Corporation ("Newmont") has suspended operations at the Peñasquito mine in Mexico in response to a strike action received...

Avolon Holdings Limited (?Avolon'), the international aircraft leasing company, announces the extension of the TLB-3 tranche of its senior secured US$2.92 billion Term Loan B facility (the ?Facility'). The TLB-3 tranche has been extended from...

Expensify, Inc. , a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards and bills, today announced that the company will join the broad-market Russell 3000 Index...

Newmont Corporation announced today it has suspended operations at the Company's Peñasquito mine in Mexico while refuting claims by the National Union of Mine and Metal Workers of the Mexican Republic ("the Union") regarding violating legal...

Mayfair Capital Partnerstm (Mayfair), an in-house division of Oxford Financial Group, Ltd., has entered into a definitive agreement to refinance its portfolio company, Innovative DisplayWorks, Inc. (IDW). Mayfair and its underlying investors will...

Franklin Templeton today launched the firm's first multi-asset exchange-traded fund (ETF), Franklin Income Focus ETF, on NYSE Arca under the ticker INCM. INCM seeks to maximize income for investors over a full market cycle by investing...

CalypsoAI, the leader in AI Security, announced today that it has opened a new office in Dublin, Ireland, to support its rapid global growth. The new AI Centre of Excellence is home to the top AI and cybersecurity talent in Ireland, the UK, and...

RXO , a leading provider of asset-light transportation solutions, has invested $2.6 million to expand its office in Ann Arbor, Mich. The company also committed to creating 140 new jobs in Michigan. Lou Amo, president of truck brokerage for RXO,...

Annaly Capital Management, Inc. (the "Company" or "Annaly") announced today the publication of its fourth ESG report for the year 2022, titled 25 Years of Purposeful Housing Finance Leadership, which highlights Annaly's continued focus on developing...

Lendbuzz, the AI-based fintech company that's disrupting the automotive lending industry, announced that it has closed a $163.15 million securitization collateralized by a pool of retail automobile contracts made to obligors and secured by new and...

Cybin Inc. (NEO:CYBN) ("Cybin" or the "Company"), a clinical-stage biopharmaceutical company committed to revolutionizing mental healthcare by developing new and innovative psychedelic-based treatment options, provides a corporate update outlining...

Seritage Growth Properties (the "Company"), a national owner and developer of retail, residential and mixed-use properties, today announced that on June 7, 2023, the Company made a voluntary prepayment of $50 million toward its $1.6 billion term...

Climate Impact X (CIX), a global marketplace, auctions house and exchange for trusted carbon credits, has successfully launched its spot trading platform, CIX Exchange, completing the company's core solutions suite with three operational venues....

Goldman Sachs Asset Management ("GSAM"), investment adviser for the Goldman Sachs MLP and Energy Renaissance Fund (the "Fund") , announced today that the Fund's Board of Trustees, at the recommendation of GSAM, has approved a plan of liquidation and...

Navidea Biopharmaceuticals, Inc. ("Navidea" or the "Company"), a company focused on the development of precision immunodiagnostic agents and immunotherapeutics, today announces, in line with the Company's Fix, Fund, Propel approach, details related...

Leading impact investor Advantage Capital today published its annual impact report ? providing a thorough overview of investments and outcomes from the firm's efforts to support small businesses, finance affordable housing developments and expand...

REdistribute, a Multiple Listing Service (MLS) joint venture that collects and distributes MLS data for institutional use, has secured data coverage of nearly 50% of the residential real estate properties in the country. The accomplishment occurred...

MBS Highway, ListReports and Certified Mortgage Advisor (CMA) are thrilled to announce their union under the new parent brand, Highway. This exciting step reflects our products' combined mission to provide every mortgage and real estate professional...

Nodal Exchange today announced new records in power and environmental futures. In power, Nodal set a calendar month record for May with traded power futures volume of 234 million MWh, up from 220 million MWh in May 2022. Nodal continues to be the...

Western Digital Corp. today announced ambitious new corporate sustainability targets that extend the company's core commitment to positively impacting its global environmental footprint. The new targets focus on powering the company's operations...

Fairway Capital Management ("Fairway"), an investment management firm founded by a team of five colleagues that formerly worked together at Adams Street Partners, announced today that Fairway Private Equity & Venture Capital Opportunities Fund (the...

Almonty Industries Inc. ("Almonty" or the "Company") is pleased to provide an update on the progress of its Sangdong Tungsten Mine. Lewis Black, Chairman, CEO & President of Almonty Industries Inc. commented: "We have made solid progress at the...

HCLTech, a leading global technology company, announced the launch of a state-of-the-art test lab in Chennai, India to enable global telecom infrastructure original equipment manufacturers (OEMs) to test and validate 5G solutions. The facility,...

Pursuant to the article L. 233-8 II of the French "Code de Commerce" and the article 223-16 of the French stock-market authorities (Autorité des Marchés Financiers, or "AMF") General Regulation, Innate Pharma SA (Euronext Paris: IPH; Nasdaq: IPHA)...

WisdomTree, Inc. ("WisdomTree" or the "Company"), a global financial innovator, today announced that in their separate reports regarding the Company's 2023 Annual Meeting of Stockholders ("2023 Annual Meeting"), two independent proxy advisory firms,...

Shutterfly, LLC (the "Company," "we," "our" and "us") today announced the early tender results of the previously announced offer (the "Exchange Offer") by Shutterfly Finance, LLC, a subsidiary of the Company (the "New Issuer" or "New Borrower"), to...

Pyrochem Catalyst Company ("PCC" or the "Company"), a leading catalyst manufacturing company, has completed the spin-off of its equity ownership of PCC Hydrogen, Inc. ("PCC Hydrogen"). The spin-off was completed, effective December 31, 2022, through...

Park-Ohio Holdings Corp. is set to join the broad-market Russell 3000® Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the U.S. market opens on June 26, 2023 according to a preliminary list of additions...

Western Dental & Orthodontics, a member of the Sonrava Health family of wellness companies, today announced the relocation of its Costa Mesa office to a newly remodeled and expanded office across the street to better serve patients in the community....

Hecla Mining Company provided an update on forest fires in Abitibi and the Eeyou-Istchee region in the James Bay area affecting the Casa Berardi operations. Quebec's Ministry of Natural Resources and Forests announced the closure of forest lands...

Through its Commercial Lending business, The Bancorp Bank, N.A. ("Bank"), a wholly-owned subsidiary of The Bancorp, Inc. ("Company") , processed over $229M of wholesale transactions through its Wholesale Purchase Program. With the inclusion of...

Masimo Corporation ("Masimo" or the "Company") today announced that Joe Kiani, founder, Chairman and Chief Executive Officer of Masimo, unconditionally, irrevocably and permanently waived his right to assert that a Change in Control has occurred...

PROVEN, the expert in personalized skincare, today announced that it has been granted a second critical patent, further cementing its position as the leader in personalized skincare. The patent protects the manufacturing of personalized products...