Articles from Business Wire

The Marygold Companies, Inc. (“TMC,” or the “Company”) (NYSE American: MGLD), a diversified global holding company, today announced that it has commenced an underwritten public offering of shares of its common stock. All of the shares of common stock to be sold in the proposed offering will be sold by Marygold. In addition, Marygold intends to grant the underwriter in the offering a 45-day option to purchase up to an additional 15% of the shares of common stock offered in the offering at the public offering price, less underwriting discounts and commissions. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

Broadstone Net Lease, Inc. (NYSEBNL) (“BNL” or the “Company”) today announced the income tax allocation of 2024 common stock dividends, as shown in the table below. Stockholders are encouraged to consult with their own tax advisors regarding their specific tax treatment of any BNL dividends received.

Standard Amusements, operator of the iconic Rye Playland, today commented on its Notice of Termination of the Playland Management Agreement with Westchester County:

US Metro Bancorp (OTCQX: USMT): US Metro Bancorp (“Bancorp”) is a bank holding company, with a single subsidiary, US Metro Bank (“Bank”). On a consolidated basis, Bancorp earned $1.7 million in the fourth quarter of 2024, compared to $1.7 million in the third quarter of 2024. For the twelve months ending December 31, 2024, the consolidated Bancorp earned $7.1 million compared to $10.6 million for the twelve months ending December 31, 2023. On a year-to-date basis, Bancorp recorded an annualized return on average assets (“ROAA”) of 0.53% and an annualized return on average equity (“ROAE”) of 7.24%. With 16,520,000 shares outstanding, earnings per share (“EPS”) for the fourth quarter of 2024 was $0.11 compared to $0.11 in the third quarter of 2024. For the twelve months ending December 31, 2024, EPS was $0.43 compared to $0.65 for the twelve months ending December 31, 2023. On December 31, 2024, Bancorp’s book value per share was $6.11 compared to $5.81 a year earlier.

Volante Labs has released a study analyzing how earned wage access (EWA) technology impacts predatory lending practices. The research, examining 600 companies across multiple industries, demonstrates that EWA implementation reduces predatory lending by 69% while generating significant cost savings for workers.

Nomi Health, a leading direct healthcare company, today announced its selection as an Association for Community Affiliated Plans (ACAP) Preferred Vendor. A national trade association, ACAP represents not-for-profit Safety Net Health Plans across the country. Nomi Health looks forward to working with ACAP to strengthen the association’s mission of improving equitable health outcomes for people with limited resources or significant health needs.

The Travel and Tourism sector’s essential contribution to shaping the global landscape was underscored at the World Economic Forum (WEF) Annual Meeting in Davos this week with His Excellency Ahmed A. Al-Khateeb, Saudi Arabia Minister of Tourism, urging world leaders to provide the industry with the focus and collaborative solutions it deserves.

The Kingdom of Saudi Arabia will host a regular high-level World Economic Forum (WEF) global meeting in Riyadh, with the first slated for the Spring of 2026, it was announced today.

University of Phoenix is proud to share that Tondra Richardson, MBA, director, Office of Educational Equity, was appointed to the Board of Directors for the Black Chamber of Arizona (BCAZ). BCAZ supports small businesses and produces new economic buying power to build resilient pathways for financial growth across the state of Arizona. As a member of the BCAZ Board of Directors, Richardson’s appointment spans one year. In this role, she will support the Chamber’s mission to close the racial wealth gap, mitigate poverty, and drive innovation, job creation, and wealth building within the small business community.

Meet Favorited, the fastest-growing live streaming platform. Backed by a16z Speedrun, Soma Capital, HF0, and leading entertainment and social media angels, the app has rapidly become the go-to platform for live streamers seeking better monetization and a more supportive environment than TikTok or Instagram. Unlike platforms where live streaming is an afterthought, Favorited is built from the ground up to be the ultimate live streaming destination, offering an unrivaled combination of community, monetization, and expressive freedom. The company has seen exponential growth in recent months, now with over 1.3 million total users and a 1000% growth in creator payments and active users month-over-month.

New research from The Feinstein Institutes for Medical Research reveals that brain imaging can detect subtle abnormalities in brain circuitry in people diagnosed with isolated rapid eye movement (REM) sleep behavior disorder (iRBD) years before they manifest symptoms of a degenerative brain disorder. While involuntary movements are normally inhibited during REM sleep, individuals with iRBD act out their dreams, and come to medical attention. This condition is often a precursor to progressive neurodegenerative disorders, most notably, Parkinson’s disease and a related disorder known as Lewy Body Dementia.

Exelixis, Inc. (Nasdaq: EXEL) today announced results from a subgroup analysis of the phase 3 CABINET pivotal study of patients with extra-pancreatic neuroendocrine tumors (epNET) arising in the gastrointestinal (GI) tract. The analysis showed cabozantinib was associated with an improvement in progression-free survival (PFS) compared with placebo in patients with advanced GI neuroendocrine tumors (NET), which was a subgroup of the epNET cohort. These results are being presented today during Poster Session B: Cancers of the Pancreas, Small Bowel, and Hepatobiliary Tract, at 11:30 a.m. PT on January 24 at the American Society of Clinical Oncology 2025 Gastrointestinal Cancers Symposium (ASCO GI 2025).

Hilgers Graben, a leading national litigation law firm, is pleased to announce that firm partners Alec Schultz, Bennett Rawicki and Carly Abramson Kligler have been named to Lawdragon’s inaugural edition of 500 Leading Global Antitrust & Competition Lawyers for 2025.

The "Orphan Drugs - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

UBS Wealth Management USA announced today that The Stephens Group, led by UBS private wealth advisors Jason Stephens and Michael Lundon, in Naples, Florida, has been named to the Forbes Best-In-State Wealth Management Teams list for 2025. The team was ranked No. 6 in the state of Florida.

KBRA assigns a long-term rating of AAA to the Metropolitan Atlanta Rapid Transit Authority Sales Tax Revenue Bonds, Series 2025A (Green Bonds) and Sales Tax Revenue Bonds, Refunding Series 2025B (Green Bonds). KBRA additionally affirms the long-term rating of AAA for outstanding Sales Tax Revenue Bonds. The rating Outlook is Stable.

KARL STORZ United States proudly announces the release of a new healthcare technology podcast, “Beyond the Lens: MedTech Insights with KARL STORZ.” This engaging and thought-provoking series brings together industry experts who are passionate about the evolution of clinical practice and healthcare delivery. Moderated by KARL STORZ leaders with longstanding expertise in the field, each edition presents an incisive discussion of timely issues affecting various facets of the surgical journey, from technology adoption and acquisition to supply chain management and shifting sites of care. With a wealth of valuable insights, each installment will benefit clinicians and facility managers alike.

Maui Jim and 2024 Olympic gold winner in women's golf Lydia Ko announce an exciting two-year partnership. As an official brand ambassador, Ko will experience Maui Jim's high-performance sunglasses on and off the course, showcasing a game advantage to active golfers and a broader audience of open-air sports enthusiasts.

The "Biotech Flavors - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Arctic7 has today announced new business relationships and partner service offerings to support the company’s growing reputation as a next-generation media company transforming the gaming, media, and entertainment industries with its innovative technology and creative content solutions.

Hunt Capital Partners, in collaboration with Hickory Creek Capital Partners, celebrated the grand opening and ribbon cutting for Daugherty Lofts in downtown Clinton, Tennessee on Thursday, January 23rd. Located at 307 N Main Street, Daugherty Lofts is the adaptive reuse of the Daugherty Lofts Furniture Company Building, a popular 1942 retail store that was enlisted on the National Register of Historic Places in 2010, to create a mix of 39 one-, two-, and three-bedroom loft-style apartment homes for workforce families. The property is comprised of a five-story midrise building that introduces affordable housing for families earning up to 50% and 60% of the Area Median Income (AMI).

Artificial intelligence in all its forms, including GenAI, natural language processing, agents and agentic devices, will revolutionize enterprise resource planning (ERP) systems and the ways individuals and enterprises work with the software by 2027, a new research report from leading global technology research and advisory firm Information Services Group (ISG) (Nasdaq: III) says.

Topcon America Corporation (Headquarters: USA, President and CEO: David Alan Mudrick), a subsidiary of Topcon Corporation (Headquarters: Itabashi-ku, Tokyo, President and CEO: Takashi Eto) and the head of the management holding company in the United States, has signed a new multiyear sponsorship agreement with James Roe, a driver active in the INDY NXT by Firestone series, for 2025 with Andretti Global and the IMSA Endurance championship with Pratt Miller.

The "Beta Glucan Market Global Forecast Report by Source, Product, Application, Countries and Company Analysis 2025-2033" report has been added to ResearchAndMarkets.com's offering.

The "Ice Cream Market Global Report by Products, Category, Type, Flavor, Distribution Channel, Countries and Company Analysis 2025-2033" report has been added to ResearchAndMarkets.com's offering.

Lightsource bp has completed the 187-megawatt Peacock Solar project, a solar farm located in San Patricio County, TX, that will provide power directly to Gulf Coast Growth Ventures' nearby manufacturing complex.

DAS Technology, automotive’s leading consumer engagement SaaS AI technology company, with the industry’s first and largest next-level Consumer Data & Experience Platform® (CDXP), is excited to announce four incredible new features to its Customer Data and Experience Platform that drive higher ROI for auto dealers and provide more targeted, relevant messaging to consumers. The new capabilities shatter industry rules for how dealers generate and manage their leads while delivering high-conversion prospect and customer communications. The new AI-driven, personalized solutions are designed to address the rapidly evolving demands of the automotive industry as well as shifts in how consumers want to digitally communicate with dealers, whether through text, chat, website messaging, or email. The news is being announced at the auto industry event of the year, the 2025 National Automobile Dealers Association (NADA) Show in New Orleans, Jan. 24-26, at DAS booth 2538.

DAS Technology, automotive’s leading consumer engagement SaaS AI technology company with the industry’s first and largest next-level Consumer Data & Experience Platform® (CDXP), thanks its clients, partners, and award-winning team for a phenomenal 2024. The year was full of innovation and growth, which have been hallmarks of the company since its founding over 14 years ago by automotive technology veterans.

DAS Technology, automotive’s leading consumer engagement SaaS AI technology company with the industry’s first and largest next-level Consumer Data & Experience Platform® (CDXP), is releasing its latest Automotive Lead Response Study at the NADA (National Automobile Dealers Association) 2025 conference in New Orleans. The nationwide study included over 1,700 dealerships representing multiple brands and provides groundbreaking insight into dealership responsiveness, message content quality, and opportunities for improvements in handling consumer inquiries during the vehicle buying journey. These dealerships were not clients of DAS Technology lead response solutions. It identified three top trends and areas for improvement relating to how consumers and auto dealers interact throughout the vehicle shopping, purchase, and ownership journey.

CoreLogic®, a leader in global property information, analytics and data-enabled solutions, announced a new strategic alliance with Vexcel Imaging, a global leader in aerial imagery.

Barclays US Consumer Bank announced today that it will launch a new suite of banking products with exclusive offers for AARP members across the United States. Starting in spring 2025, Barclays will introduce high-yield savings accounts and CDs, and in 2026, personal loan products that will feature competitive interest rates exclusively for AARP members.

Advanced Chip and Circuit Materials Inc. (ACCM), a US-based manufacturer of skew free, ultra-thin copper-clad laminates and dielectric prepreg materials used to fabricate high layer count PTH, Buildup and UHDI multilayer printed circuit boards (PCBs), today announced the introduction of the CeleritasSF and CeleritasBU series of laminates and prepregs, which enable PCIe Gen 6 & 7 and data rates of 224 Gb/s per channel.

Law Offices of Howard G. Smith reminds investors of the upcoming March 18, 2025 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased FTAI Aviation Ltd. (“FTAI” or the “Company”) (NASDAQFTAI) securities between July 23, 2024 and January 15, 2025, inclusive (the “Class Period”).

Glancy Prongay & Murray LLP reminds investors of the upcoming March 18, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Block, Inc. (“Block” or the “Company”) (NYSE: SQ; XYZ) Class A common stock between February 26, 2020 and April 30, 2024, inclusive (the “Class Period”).

Vertical Aerospace (Vertical) (NYSEEVTL) ("Vertical” or the “Company”), a global aerospace and technology company that is pioneering electric aviation, today announces the closing of its previously announced underwritten public offering (the “Offering”) for total gross proceeds of $90 million, before deducting underwriting discounts and commissions and other offering expenses.

The board of directors of Dominion Energy (NYSED) has declared a quarterly dividend of 66.75 cents per share of common stock.

The "Breakfast Cereals Market Global Report by Product Types, Nature, Distribution Channels, Countries and Company Analysis 2025-2033" report has been added to ResearchAndMarkets.com's offering.

NEOS Investments, an asset management firm comprised of leaders and pioneers in the options-based ETF space, announces January monthly distribution amounts for their suite of ETFs that pursue monthly income and tax efficiency across core portfolio exposures.

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 CVS Health Corporation (“CVS” or the “Company”) (NYSECVS).

One Power Company (“One Power”), an industrial power company, announced today that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of shares of its Class A Common Stock. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or other terms of the offering. The number of shares to be offered and the price range for the offering have not yet been determined.

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 Starbucks Corporation (“Starbucks” or the “Company”) (NasdaqGS: SBUX).

i3 Verticals, Inc. (Nasdaq: IIIV) (“i3 Verticals” or the “Company”), announced today that it will release its financial results for the first quarter ended December 31, 2024, on Thursday, February 6, 2025, after the Nasdaq market close.

AGP Prime, the prime brokerage services division of A.G.P. / Alliance Global Partners, is pleased to announce the addition of Tom Costello as Director of Business Operations and Trading. He will be based in Florida, a dynamic and growing economic center with an array of financial clients and opportunities.

1st Colonial Bancorp, Inc. (FCOB), holding company of 1st Colonial Community Bank, today announced that its board of directors has approved a stock repurchase program, effective January 30, 2025. Under the stock repurchase program, management is authorized to repurchase up to 3% of the Company’s outstanding shares of common stock, with a total cost not to exceed $2.0 million. As of today, the Company had 4,835,906 shares of common stock outstanding. The stock repurchase program does not obligate the Company to acquire any particular amount of common stock, and it may be limited, suspended or terminated at any time without prior notice.

Generational Group, a leading investment banking firm for privately held businesses, is proud to announce its 20th anniversary.

Bilt, a payments and rewards platform already adopted by 70% of the nation’s top property managers, today launched Resident Loyalty 2.0, building on its market-leading foundation to transform how properties drive leasing success and resident engagement. When property managers run their existing concessions and incentives through Bilt's platform, they can now see immediate cost savings of up to 20%, faster lease decisions, and higher resident satisfaction.

The "Saudi Arabia Perfume Market by Type, Value, Gender, and Company Analysis 2025-2033" report has been added to ResearchAndMarkets.com's offering.

The "United States Smart TV Market by Resolution Type, Screen Size, Type, Technology, Operating System, Application, States and Company Analysis 2025-2033" report has been added to ResearchAndMarkets.com's offering.

Nymbus, a premier provider of cloud-based financial technology solutions, is pleased to announce the appointment of Ed Gross as its Chief Product Officer (CPO). Gross has a proven track record of leading product management and innovation strategies for the financial services industry and has been the thought leader and evangelist behind Nymbus’ award-winning user experience and end-to-end designs for consumer, business, and back office solutions for several years.

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Hong Leong Insurance (Asia) Limited (HLIA). The outlook of these Credit Ratings (ratings) is stable.

AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa-” (Superior) of Nippon Life Insurance Company (Nissay) (Japan). Concurrently, AM Best has affirmed the FSR of A- (Excellent) and the Long-Term ICR of “a-” (Excellent) of Nissay’s subsidiary, Nippon Life Insurance Company of America (NLB) (West Des Moines, Iowa, USA). The outlook of all of these Credit Ratings (ratings) is stable.

The "Nigeria Embedded Finance Business and Investment Opportunities Databook - 75+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments - Q2 2024 Update" report has been added to ResearchAndMarkets.com's offering.

AM Best has affirmed the Financial Strength Rating of B++ (Good), the Long-Term Issuer Credit Rating of “bbb+” (Good) and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional) of Fubon Insurance Vietnam Co., Ltd. (Fubon Vietnam) (Vietnam). The outlook of these Credit Ratings (ratings) is stable.

The "Medical Devices: Developing Effective Post Market Surveillance and Complaint Handling Systems" training has been added to ResearchAndMarkets.com's offering.

AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent), the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) and the Indonesia National Scale Rating (NSR) of aaa.ID (Exceptional) of PT Asuransi Tugu Pratama Indonesia Tbk (TUGU) (Indonesia). The outlooks of the FSR and Long-Term ICR are negative while the outlook of the NSR is stable.

New Frontier Advisors, LLC, a global leader in portfolio optimization and an ETF investing pioneer, announces the launch of two next-generation dividend income indices: the VettaFi New Frontier US Dividend Select Index and the VettaFi New Frontier International Dividend Select Index.

The "Plywood Market Report by Type, By Grade, By Application, Country and Company Analysis 2025-2033" report has been added to ResearchAndMarkets.com's offering.

The "Writing and Implementing SOP in Laboratory for FDA, EPA, and OSHA Compliance" training has been added to ResearchAndMarkets.com's offering.

HighRadius today announced it has been recognized as a leader in the inaugural IDC MarketScape report for Worldwide Embedded Payments Applications 2024-2025 (doc #US51793524, December 2024). HighRadius was evaluated amongst 20 other vendors in the report.

Wedgewood, the nation’s largest provider of compounded veterinary medications and pharmacy solutions, proudly announces Dr. Rae Hutchins, DVM, DACVIM (SAIM), as its inaugural Chief Veterinary Officer. This milestone appointment highlights Wedgewood’s commitment to strengthening its partnership with veterinarians and advancing the standard of care in veterinary medicine.

Edgecore Networks, a global leader in open infrastructure solutions, is thrilled to showcase its powerful Open Infrastructure solutions for AI, Telecom access and aggregation and the large enterprise at Mobile World Congress (MWC) 2025 in Barcelona. Delivering unrivalled performance at up to half of the costs of traditional proprietary solutions, Edgecore continues to demonstrate the power and value of open technologies.

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Fubon Insurance Co., Ltd. (Fubon Insurance) (Taiwan). The outlook of these Credit Ratings (ratings) is negative.

Banner|Aetna announces the retirement of its founding CEO, Tom Grote, and the appointment of Victoria Coley as the organization’s new chief executive officer effective January 1, 2025. This transition marks a milestone for the joint venture health insurer, which was formed with a mission to improve health care in 2017 by parent companies Banner Health and Aetna, a CVS Health company.

The Board of Directors of Park-Ohio Holdings Corp. (NASDAQPKOH) has declared a quarterly cash dividend of $0.125 per share on the common stock outstanding, to be paid on February 21, 2025, to shareholders of record as of the close of business on February 7, 2025.

AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of the members of Oxford Insurance Companies (Oxford). The outlook assigned to these Credit Ratings (ratings) is stable. See below for a detailed listing of members and ratings.

Valley Companies, a North American logistics provider, is thrilled to announce its 90th anniversary—marking nearly a century of innovation, growth and an unwavering commitment to service and family. Founded in 1935 by Norman “Grandpa” Gilbert, with the motto “You call. We haul,” the company has grown from humble beginnings into a leading provider of customized logistics and supply chain solutions.

LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, announced that the Board has decided to appoint Mr. Venu Lambu as the CEO (Designate) & Wholetime Director based out of London with immediate effect. This strategic decision marks a significant milestone in the leadership succession plan and reinforces our commitment towards profitable growth & stakeholder value creation.

Allurion Technologies, Inc. (“Allurion” or the “Company”) (NYSEALUR), a company dedicated to ending obesity, today announced that it has entered into a definitive securities purchase agreement with certain institutional investors for the purchase and sale of 1,240,000 shares of the Company’s common stock at a price of $6.00 per share in a registered direct offering priced at-the-market under NYSE rules.

The "India Water Purifier Market Forecast Report by Technology, Distribution Channel, End User, Region, Top Cities and Company 2025-2033" report has been added to ResearchAndMarkets.com's offering

First Trust Advisors L.P. (“First Trust”), a leading ETF provider and asset manager, announced that the First Trust RBA American Industrial Renaissance® ETF (NASDAQAIRR) has reached over $3 billion in net assets as of 1/6/2025 and continues to be a top performing fund. AIRR seeks investment results that correspond generally to the price and yield (before the fund’s fees and expenses) of an equity index called the Richard Bernstein Advisors American Industrial Renaissance® Index (the “index”). The index is designed to measure the performance of small and mid-cap U.S. companies in the industrial and community banking sectors. These companies are directly involved in manufacturing, related infrastructure, and banking, including regional banks from U.S. states traditionally known as manufacturing hubs.

The Shapiro administration recently announced that Pennsylvania American Water was awarded two low-interest loans and a grant from the Pennsylvania Infrastructure Investment Authority (PENNVEST) totaling $19.3 million. The funding will support two of the company’s infrastructure improvement projects, including wastewater treatment plant upgrades and the replacement of lead water services lines in McKean and Allegheny counties, respectively.

AM Best has downgraded the Financial Strength Rating to B- (Fair) from B (Fair) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bb-” (Fair) from “bb+” (Fair) of Berking Re Limited (Berking Re) (Bermuda). Concurrently, AM Best has placed these Credit Ratings (ratings) under review with negative implications.

Oregon Bancorp, Inc. (OTCBB: ORBN) (the “Company”), the parent company of Willamette Valley Bank, today reported financial results for the fourth quarter and full year ended December 31, 2024.

The "Weight Loss Market Global Forecast Report by Type, Equipment Type, Service, Gender, Age Group, Countries and Company Analysis 2025-2033" report has been added to ResearchAndMarkets.com's offering.

ClearOne (NASDAQCLRO), a global market leader in conferencing, collaboration, and network streaming solutions, today introduced the UNITE 260N Pro, a professional 4K Ultra HD camera with NDI®|HX, designed to meet the requirements of NDI® workflows.