News by subject: Business Update

On the occasion of the Chinese New Year in 2024, Wang Weizhong, the Governor of Guangdong has extended sincere greetings and festive wishes to overseas Chinese, Hong Kong, Macao and Taiwan compatriots, and friends from all over the world on behalf of...

Victory Capital Holdings, Inc. ("Victory Capital" or the "Company") today reported assets under management (AUM) of $165.5 billion as of January 31, 2024, and average assets under management for January of $165.6 billion. Victory Capital...

Repare Therapeutics Inc. ("Repare" or the "Company") , a leading clinical-stage precision oncology company, announced today that it will regain global development and commercialization rights to camonsertib (RP-3500), a potential best-in-class oral...

Intelligent power management company Eaton announced today its continued commitment to modernizing the company's manufacturing footprint with smart factories in Juarez, Mexico, and Changzhou, China. As both a new build and legacy site, respectively,...

In a momentous stride towards innovation and advancement, Odyssey, the trailblazing energy drink enriched with a potent blend of 2750mg of Lions Mane and Cordyceps mushrooms, proudly announces the successful completion of a $6 million funding round....

The Lincoln Private Market Index (LPMI), the only index that tracks changes in the enterprise value of U.S. privately held companies, increased by 0.6% during the fourth quarter of 2023, resulting in the index ending 2023 at another record high. The...

This year, Edelman Financial Engines (EFE), America's top independent wealth planning1 and workplace2 investment advisory firm, marks the 20th anniversary of its industry-leading 401(k) managed account program. For more than two decades, EFE has been...

WINDOOR, part of the PGT Innovations, Inc. family of brands, will reveal its new brand identity, including a new look and logo, for the first time at the NAHB International Builders' Show (IBS) in Las Vegas, Nevada on February 27 ? 29, 2024. "With...

Franklin Resources, Inc. (Franklin Templeton) today reported preliminary month-end assets under management (AUM) of $1.60 trillion at January 31, 2024, compared to $1.46 trillion at December 31, 2023. This month's increase in AUM reflected the...

WisdomTree, Inc. , a global financial innovator, today released monthly metrics for January 2024, including assets under management (AUM) and flow data by asset class. Monthly Commentary: Robust ~$1 billion of net inflows generated a 21% pace of...

Alpha Cognition Inc. , a biopharmaceutical company developing novel therapeutics for debilitating neurodegenerative disorders provides a business update on it's ALPHA-1062 NDA filing for U.S. approval of mild-to-moderate Alzheimer's disease,...

AtlasClear, Inc. announced today the completion on Friday, February 9th, 2024, of its previously announced business combination with Quantum FinTech Acquisition Corporation ("Quantum") , a publicly-traded special purpose acquisition company, which...

Comvest Partners ("Comvest"), an operationally-focused middle-market private investment firm, is pleased to announce that it has completed a new growth capital investment in ClearOne Advantage, LLC ("ClearOne" or the "Company"), a Baltimore-based...

StatLab Medical Products (StatLab), a leading global developer and manufacturer of medical diagnostic equipment and supplies, announces the commencement of injection molding manufacturing at a new, state-of the-art histology consumable manufacturing...

Lazard, Inc. reported today that its preliminary assets under management ("AUM") as of January 31, 2024 totaled approximately $243.8 billion. The month's AUM included foreign exchange depreciation of $2.3 billion, net outflows $2.1 billion and...

Iambic Therapeutics, a biotechnology company developing novel therapeutics using its unique generative AI discovery platform, today announced the publication of research in Nature Machine Intelligence showing that its NeuralPLexer technology...

Cresco Labs Inc. ("Cresco Labs" or the "Company"), the industry leader in branded cannabis products with a portfolio of America's most popular brands and the operator of Sunnyside dispensaries, announced today that as part of a transfer of Super...

UBS Private Wealth Management today announced that Financial Advisors Matthew Foley, Lawrence DeLuise and Christopher Butler have joined the firm. Together with their team, Foley, DeLuise & Associates, they manage more than $2 billion in client...

Shionogi & Co., Ltd. (Head Office: Osaka, Japan; Chief Executive Officer: Isao Teshirogi, Ph.D.; hereafter "Shionogi") announced the first peer-reviewed publication of the Phase 3 portion of its pivotal, double-blind, randomized, placebo-controlled...

Paymentus Holdings Inc., , a leading electronic billing and payments platform provider, today marks 20 years of innovation and leadership in the billing, payment, and money movement space. Now serving more than 1,900 clients, Paymentus continues...

Soho House & Co Inc. ("Company") today issued the following announcement. Soho House & Co Inc. fundamentally rejects the recent report published by GlassHouse Research, which contains factual inaccuracies, analytical errors, and false and...

Owens Corning , a global building and construction materials leader, today announced that the company has decided to review strategic alternatives for its global glass reinforcements (GR) business. The decision to explore alternatives for the GR...

Accomplished Houston trial attorney William R. Moye announced today he is leaving Thompson, Coe, Cousins & Irons, LLP to launch a new firm. Moye Law Firm, which will be based in Houston, will focus primarily on plaintiffs personal injury cases....

Today, Lumenova AI announced that it joined the U.S. AI Safety Institute Consortium (AISIC), a new public-private partnership led by the National Institute of Standards and Technology (NIST) to support the development and deployment of trustworthy...

Corporación Inmobiliaria Vesta, S.A.B. de C.V. ("Vesta") announced today an update regarding the timing of its fourth quarter 2023 financial results release. The Company will now host the conference call on Thursday, February 22, 2024. Financial...

Bakkt Holdings, Inc. ("Bakkt") issued the following statement regarding the recently filed amendments to its Form 10-Q for the quarter ended September 30, 2023. On Wednesday, we filed amendments to our Quarterly Report on Form 10-Q for the...

Ciena® Corporation , a networking systems, services and software company, announced today that proxy materials are now available for its 2024 Annual Meeting of Stockholders to be held Thursday, March 21, 2024 at 3:00 p.m. Eastern Time. Event: 2024...

Archer Aviation Inc. , a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced today that it received its Part 145 certification from the Federal Aviation Administration (FAA). Under FAA regulations, Archer is now authorized to...

Del Webb Greenville announces the groundbreaking of its inaugural active adult community in South Carolina's Upstate, where those aged 55 and better are invited to put down roots alongside the Reedy River and build a social and event-filled lifestyle...

LoopMe, a leading technology company that uses artificial intelligence (AI) to improve brand advertising performance, today announced significant company growth and global executive promotions. LoopMe expanded its operations by hiring 50+ new...

MIVI Neuroscience, Inc. (Eden Prairie, MN) announces the primary endpoint results of its EvaQ Trial, a prospective, multi-center, global, single arm, FDA-regulated IDE trial study to evaluate the safety and effectiveness of the MIVI Qtm...

MCR ? the country's 3rd-largest hotel owner-operator ? has refinanced a 16-hotel portfolio for $333 million, generating $51 million of net proceeds. In less than three years, MCR doubled the portfolio's net operating income, increasing it from $15...

NNN Pro, the market-leading net lease investment sales firm in the country, and STNL Advisors, a premiere net lease advisory firm have both formally announced previously completed strategic partnerships with newly branded investment holding company...

Innovid , an independent platform for the creation, delivery, measurement, and optimization of advertising across connected TV (CTV), linear TV, and digital, today announced industry-wide availability of the latest self-service feature within its CTV...

Boost Insurance, the leading insurance infrastructure platform, today announced that it had secured over $130 million in new reinsurance capacity to sit behind its MGA, insurtech, and embedded insurance programs. In addition to renewing its treaties...

Divert, Inc., an impact technology company on a mission to Protect the Value of Foodtm, today announced a year of significant growth across the business. In 2023, Divert made important strides in advancing its commitment to tackle the wasted food...

Cleerly, the company working to create a new standard of care to aid in the diagnosis of heart disease, announced continued strong scientific evidence supporting the clinical utility of its products. A study published online on January 25, 2024 in...

Soluna Holdings, Inc. ("SHI" or the "Company"), , a developer of green data centers for Bitcoin mining and other intensive computing applications, announced its January project site-level operations, developments, and updates. The Company has...

Three Pillars Capital (or "Three Pillars") today announces the refinancing of a pair of Oklahoma-based properties, as well as the appraisal of assets that generated a value increase of nearly 90% from their March 2022 acquisition valuation. "This...

Pacific Prime, a leading global health insurance brokerage and employee benefits specialist, has expanded their operation to Australia. This strategic move marks a significant milestone in the company's journey to further improve healthcare access...

Getaround ("Getaround'' or "the Company"), the world's first connected carsharing marketplace, today announced the Company will restructure its workforce and operations to reduce costs and align with the globalization of the Company's carsharing...

Renesas Electronics Corporation ("Renesas", TSE:6723), a premier supplier of advanced semiconductor solutions, today announced that it has resolved at the Meeting of Board of Directors dated February 8, 2024, to cancel treasury shares pursuant to...

Renesas Electronics Corporation (TSE: 6723), a premier supplier of advanced semiconductor solutions, today announced the consolidated financial forecasts for the three months ending March 31, 2024. The Group reports its consolidated forecasts on a...

In a strategic move aimed at furthering innovation and opportunity, D1srupt1ve, a consortium of companies that leverages artificial intelligence and innovative technology to shape our collective future, proudly announces the relocation of its...

Ellington Financial Inc. (the "Company") today announced its estimated book value per share of common stock of $13.83 as of December 31, 2023. Cautionary Statement Regarding Forward-Looking Statements Estimated book value per common share is...

Caesars Entertainment, Inc. (the "Company") today announced the settlement of the cash tender offer for any and all of the Company's outstanding 6.250% Senior Secured Notes due 2025 (the "Notes"). Additionally, the Company announced it has satisfied...

Pioneer Natural Resources Company ("Pioneer" or "the Company") today announced that the Company received shareholder approval for the pending merger with Exxon Mobil Corporation ("ExxonMobil") . Pioneer will file the vote results of the special...

Transflo, a leading technology innovator in the transportation sector, celebrates a critical milestone as the company exceeds $100 million in annual revenue. This achievement exemplifies Transflo's commitment to leveraging a trusted neutral...

ZEDEDA, the leader in edge management and orchestration, announced today the closing of $72 million in growth capital, with the Series C round led by Smith Point Capital, founded by former Salesforce Co-CEO Keith Block. As many of the world's...

As the sport of pickleball continues its meteoric rise as one of the most popular athletic and recreational activities in the U.S, with over 9 million active players, Veolia North America has signed on as a national partner and official...