Author : Business Wire

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Business Wire, a Berkshire Hathaway company, is the global leader in press release distribution and regulatory disclosure. Public relations, investor relations, public policy and marketing professionals rely on Business Wire for secure and accurate distribution of market-moving news and multimedia. Founded in 1961, Business Wire is a trusted source for news organizations, journalists, investment professionals and regulatory authorities, delivering news directly into editorial systems and leading online news sources via its multi-patented NX network. Business Wire’s global newsrooms are available to meet the needs of communications professionals and news media worldwide.

TradeStation Securities Collaborates with OptionsPlay to Enhance User Experience with Cross-Platform Integration

Business Wire
TradeStation Securities clients who subscribe to OptionsPlay can now act on trade insights generated by OptionsPlay seamlessly without having to use a separate brokerage platform to place trades. TradeStation Securities, Inc. (“TradeStation Securities”), an award-winning,* self-clearing online brokerage for trading stocks, ETFs, options and futures, today announced it is the......

The AI-Based Smart Contract Audit Service “Bunzz Audit” Has Officially Launched

Business Wire
Comprehensive security checks are now possible at only 10% of the traditional cost. The price and report creation is 10 times faster and cheaper than traditional firm  Bunzz launches “Bunzz Audit,” an AI-driven smart contract auditing service offering fast, cost-effective audits with actionable insights for security improvements, scanning contracts from......

E*TRADE from Morgan Stanley Releases Monthly Sector Rotation Study

Business Wire
E*TRADE from Morgan Stanley releases monthly sector rotation study. 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. Read More About Fintech Interviews: Global Fintech Interview with Andrey......

Aterian Investment Partners to Recapitalize CPL, a Leading Pharmaceutical Contract Development and Manufacturing Organization

Business Wire
The proposed recapitalization is subject to the approval of the Ontario Superior Court of Justice in CPL’s and its affiliates’ proceedings pending under the Companies’ Creditors Arrangement Act. Aterian Investment Partners (“Aterian”), a private investment firm, is pleased to announce that one of its affiliates has entered into an agreement......

H.I.G. Capital Acquires the Spine Business of ZimVie Rebranded as Highridge Medical

Business Wire
The acquired business will operate as an independent entity and has been renamed Highridge Medical. H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $60 billion of capital under management, is pleased to announce that one of its affiliates has completed the acquisition of the Spine division of ZimVie,......

GoldenTree Asset Management Announces $1.3 Billion in Commitments for Third CLO Equity Fund

Business Wire
GLM III is a continuation of the GoldenTree Loan Management program that began in 2016, bringing aggregate commitments across the entire GLM program to over $2.625 billion. GoldenTree Asset Management (“GoldenTree”), a global asset management firm with over $54 billion in assets under management, today announced the closing of $1.3......

ACI Worldwide and Arab Financial Services To Drive Payments Modernization for Banks and Merchants in the Middle East

Business Wire
With this strategic partnership, AFS will utilize ACI Enterprise Payments Platform, a single transaction processing platform for all payment types, backed by cutting-edge security, flexible cloud-ready technology, and multi-language, multi-currency, multi-institution capabilities to drive the retail banking modernization for its banking and fintech customers. ACI Worldwide , a global leader......

ICE Mortgage Monitor: Trading Up to a 25% More Expensive Home Would More Than Double the Average Mortgage Holder’s Payment

Business Wire
Homeowners who took out mortgages when rates were near record lows in 2020 and 2021 face an even steeper move across the street cost, with such a lateral move requiring a 60% higher monthly payment. Intercontinental Exchange, Inc, a leading global provider of technology and data, released its April 2024......

Atlantic Union Bankshares Corporation Completes Acquisition of American National Bankshares Inc.

Business Wire
This transaction strengthens Atlantic Union’s presence in Central, Western and Southern Virginia and provides a meaningful entry into North Carolina’s Piedmont Triad region and Raleigh. Atlantic Union Bankshares Corporation (“Atlantic Union”) announced today that it has completed its previously announced merger with American National Bankshares Inc. (“American National”), effective April......

Airspan to Receive Up to $95 Million in New Equity Financing and Eliminate All Existing Funded Debt

Business Wire
Airspan has received a commitment from Fortress affiliates for over $53 million in debtor-in-possession financing, which combined with the Company’s cash on hand, is expected to provide sufficient capital during the restructuring process to support Airspan’s operations. Airspan Networks Holdings Inc. (NYSE American: MIMO) (“Airspan” or the “Company”), a provider......
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