News by subject: Business Update

Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has expanded its operations to the Nordic countries, opening an office in Stockholm, and naming Anna Green as Head of Nordics. BHSI has also appointed Karin Bryner as Head of...

Shoes For Crews, LLC (together with certain of its affiliates, "Shoes For Crews" or the "Company"), a global leader and pioneer in slip-resistant footwear, today announced that the Company has completed the sale of substantially all of its assets to...

NiSource Inc. , one of the nation's largest fully-regulated utility companies, released its 2024 ESG Report ? Creating Shared Value today. The report highlights progress on key initiatives designed to make a difference in the communities NiSource...

GCT Semiconductor Holding Inc. ("GCT" or the "Company") , a leading designer and supplier of advanced 5G and 4G semiconductor solutions, today announced its addition to the Russell 3000® Index as part of the annual Russell reconstitution, effective...

Star Leasing Company, CTL (Commercial Trailer Leasing, Inc.), Cooling Concepts, and NETS Leasing (North East Trailer Services), portfolio companies of I Squared Capital, announced today the completion of their name change to TEN (Transportation...

Pitney Bowes Inc. ("Pitney Bowes" or the "Company"), a global shipping and mailing company that provides technology, logistics and financial services, today announced an update on the first phase of the Company's cost rationalization initiative,...

Fortune Minerals Limited ("Fortune" or the "Company") (www.fortuneminerals.com) announces that the option to purchase the JFSL Field Services ULC ("JFSL") brownfield industrial site in Lamont County, Alberta could not be completed before the expiry...

Verastem Oncology , a biopharmaceutical company committed to advancing new medicines for patients with cancer, today announced that in connection with the 2024 Russell U.S. Indexes annual reconstitution, the company will be added to the Russell 3000®...

Neurogene Inc. , a clinical-stage company founded to bring life-changing genetic medicines to patients and families affected by rare neurological diseases, today announced that Neurogene will be added to the Russell 3000® Index, effective at the open...

Scott's Liquid Gold-Inc. ("Scott's" or the "Company") today provided an update on its previously announced transaction with Horizon Kinetics LLC ("Horizon Kinetics") and its 1-for-20 reverse stock split, reincorporation, name change and change in...

Centuri Holdings, Inc. ("Centuri"), a leading, pure-play North American utility infrastructure services company, today announced that, as part of the annual reconstitution of the Russell stock indexes, Centuri has been added to the Russell 2000®...

Precision BioSciences, Inc. , an advanced gene editing company utilizing its novel proprietary ARCUS® platform to develop in vivo gene editing therapies for sophisticated gene edits, including gene elimination, insertion, and excision, today...

Healthcare Trust, Inc. ("HTI") announced today that, in anticipation of a potential future listing of HTI's common stock on a national securities exchange, it has provided notice to Healthcare Trust Advisors, LLC (the "Advisor"), the external...

Genesis Energy, L.P. today announced that its 2023 Schedule K-3, reflecting items of international tax relevance, is available online. Unitholders requiring this information may access the Schedule K-3 at www.taxpackagesupport.com/Genesis or through...

Management and technology consultancy BearingPoint announced today that it has internally promoted 19 new Partners effective July 1. BearingPoint prioritizes people development, and these appointments align with the consultancy's plan to accelerate...

TauRx Pharmaceuticals Ltd, a global leader in tau-based research in Alzheimer's disease (AD), has announced the submission of a UK Marketing Authorisation Application (MAA) for hydromethylthionine mesylate (HMTM) for treatment of mild cognitive...

Accenture has completed the acquisition of OPENSTREAM HOLDINGS and its subsidiaries, Open Stream and Neutral, to help clients reinvent their businesses with advanced digital technologies and become truly data-driven. Terms of the acquisition were...

Reference is made to the stock exchange announcement made by BW LPG Limited ("BW LPG" or the "Company", OSE ticker code: "BWLPG.OL", NYSE ticker code "BWLP") on 21 June 2024 regarding the subsequent court hearing (the "Sanction Hearing") at which the...

Keller Swan Injury Attorneys, a dynamic legal powerhouse, has officially emerged following the successful merger of KMW Legal and Swan Law. This strategic collaboration brings together two leading law firms specializing in personal injury litigation,...

U.S. Bancorp commented on the results of the Federal Reserve's Dodd-Frank Act Stress Test (DFAST) conducted in accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act. Based on its 2024 stress test results, the company...

Northern Trust Corporation today commented on the results of the Federal Reserve's 2024 Comprehensive Capital Analysis and Review (CCAR). Based on the 2024 CCAR results, Northern Trust will be subject to a preliminary stress capital buffer (SCB) of...

The Board of Governors of the Federal Reserve System (the "Federal Reserve") informed Santander Holdings USA, Inc. ("SHUSA") on June 26, 2024, of SHUSA's updated stress capital buffer ("SCB") requirement, which becomes effective on October 1, 2024....

Fifth Third Bancorp today released its preliminary stress capital buffer requirement resulting from the Federal Reserve Board's ("FRB") annual bank stress test. Fifth Third's preliminary stress capital buffer under the FRB severely adverse scenario...

Citizens Financial Group, Inc. today announces the Board of Governors of the Federal Reserve System (the "Federal Reserve") has communicated to the Company its preliminary Stress Capital Buffer ("SCB") of 4.5%, effective October 1, 2024, following...

Wells Fargo & Company today announced that it has completed the 2024 Comprehensive Capital Analysis and Review (CCAR) stress test process. The Company expects its stress capital buffer (SCB) to be 3.8%, which represents a percentage amount of...

JPMorgan Chase & Co. ("JPMorgan Chase" or the "Firm") announced today that it has released the results of its company-run 2024 Dodd-Frank Act Stress Test for JPMorgan Chase & Co. and JPMorgan Chase Bank, National Association. Information can be...

The Federal Reserve has communicated to Regions Financial Corp. that the company exceeded all minimum capital levels under the Federal Reserve's Supervisory Stress Test. Regions' preliminary Stress Capital Buffer requirement for the fourth quarter...

JPMorgan Chase & Co. ("JPMorgan Chase" or the "Firm") has announced updated information relating to its third quarter dividend, common share repurchase program and regulatory capital requirements. Information can be found on the Firm's Investor...

The Charles Schwab Corporation (CSC or Schwab) announced today that it has received the results of the Federal Reserve's 2024 Comprehensive Capital Analysis and Review (CCAR). These results included the Federal Reserve's estimate of Schwab's minimum...

State Street Corporation today announced its intention to increase its per share common stock dividend by 10% to $0.76 in the third quarter of 2024, subject to consideration and approval by its Board of Directors. State Street continues to be...

Lazard Global Total Return and Income Fund, Inc. (the "Fund") is announcing that its Board of Directors has authorized an increase in the monthly distribution to shareholders, pursuant to the Fund's Managed Distribution Policy. Beginning with the...

Goldman Sachs Asset Management ("GSAM"), the investment adviser for the Goldman Sachs Defensive Equity ETF (the "Fund"), is updating the plan of liquidation (the "Plan") for the Fund. Under the Plan, which was originally announced June 12th, 2024,...

Addus HomeCare Corporation ("Addus" or the "Company"), a provider of home care services, today announced the closing of an underwritten public offering of 1,725,000 shares of its common stock ("Common Stock"), including 225,000 shares of Common...

Airspan Networks Holdings Inc. ("Airspan" or the "Company"), a provider of ground-breaking, disruptive software and hardware for 5G networks and a pioneer in end-to-end Open RAN, private network and air-to-ground connectivity solutions, today...

Teva Pharmaceutical Industries Ltd. today announces new data from the 4th interim analysis of the PEARL migraine prevention study with AJOVY® (fremanezumab) that may challenge the rationale for treatment pauses with calcitonin gene-related peptide...

Allurion Technologies, Inc. ("Allurion" or the "Company"), a company dedicated to ending obesity, today announced the pricing of an underwritten public offering of 14,406,508 shares of its common stock, par value $0.0001 per share (the "Shares"),...

Amkor Technology, Inc. , a leading provider of semiconductor packaging and test services, announced today that the Science Based Targets initiative (SBTi) has verified Amkor's near- and long-term science-based emissions reduction targets. Amkor's...

GroupBy Inc., a SaaS-based B2C and B2B eCommerce search and product discovery technology leader, has been shortlisted in The 2024 SaaS Awards program in the Best SaaS Product for eCommerce / eShops category. A long-established awards platform now...

Contango ORE, Inc. ("Contango" or the "Company") is pleased to announce that HighGold Mining Inc. ("HighGold") shareholders (the "HighGold Shareholders") and optionholders of HighGold (collectively, the "HighGold Securityholders") have...

Winning a new mandate from asset manager Nuveen, Citi Securities Services' ETF Services business has onboarded 23 new ETFs with approximately US$9 billion in assets in North America. The book is comprised of both transparent and non-transparent ETFs....

Mind Medicine (MindMed) Inc. , (the "Company" or "MindMed"), a clinical stage biopharmaceutical company developing novel product candidates to treat brain health disorders, today announced today that as part of the annual reconstitution of the...

Emera Inc. ("Emera") today announced a strategic update driving long term value for shareholders and enabling the company to pursue compelling growth opportunities across its portfolio. As a reflection of this growth profile, Emera is introducing...

Merck , known as MSD outside of the United States and Canada, announced today that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) recommended the approval of WINREVAIRtm (sotatercept), in combination...

Today, SMC Diode Solutions, an American-led semiconductor design and manufacturing company, celebrated the opening of its second power discrete fab in Nanjing, China. The new facility realized volume production only 21 months after groundbreaking in...

Forward Air Corporation (the "Company", "Forward", "we", "our", or "us") today announced updates to certain previously released non-GAAP financial measures for the twelve months ended March 31, 2024, to include adjustments to the previously released...

On Saturday, June 29, Ameriprise Financial, Inc. will celebrate its 130th anniversary. The firm, founded in Minneapolis in 1894, today operates in 18 countries globally, helping millions of highly satisfied clients, institutions, and small...

On Tuesday, the Port Commission of the Port of Houston Authority met for its June monthly meeting. Port Commissioner Dean Corgey, presiding at the meeting, opened by sharing an account of the significant community outreach conducted during the year....

The European Equity Fund, Inc. (the "Fund") announced today the results of its Annual Meeting of Stockholders held on June 27, 2024. Both of the Class I Directors nominated by the Board of Directors, Ms. Hepsen Uzcan and Mr. Christian M. Zügel,...

Faraday Future Intelligent Electric Inc. (the "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced that the Company was notified on June 26, 2024 by The Nasdaq Stock Market LLC ("Nasdaq") that...

Tennant Company ,, a world leader in designing, manufacturing, and marketing solutions to reinvent how the world cleans, has released its annual Sustainability Report. The report, detailing achievements for the 2023 fiscal year, also marks the first...