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CORRECTING and REPLACING Amid Declining Book Value, ACRES Commercial Realty Struggles to Sell REO Property Due to Labor Dispute with Philadelphia Hospitality Union UNITE HERE Local 274
PHILADELPHIA--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions to the first paragraph. The updated release reads: AMID DECLINING BOOK VALUE, ACRES COMMERCIAL REALTY STRUGGLES TO SELL REO PROPERTY DUE TO LABOR DISPUTE WITH PHILADELPHIA HOSPITALITY UNION UNITE HERE LOCAL 274 UNITE HERE Local 274 has learned that ACRES Commercial Realty (NYSE:ACR) recently told investors that ‘not having a contract’ was ‘holding up efforts’ to sell its Phil...
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Tanium reconduit son cofondateur Orion Hindawi au poste de CEO pour stimuler le prochain chapitre de la croissance
EMERYVILLE, Californie--(BUSINESS WIRE)--Tanium, un leader de l'informatique autonome, annonce aujourd'hui que le cofondateur et président exécutif Orion Hindawi a été nommé CEO, avec effet immédiat. Dan Streetman quitte ses fonctions de CEO et de membre du conseil d'administration après avoir dirigé Tanium au cours des trois dernières années, période au cours de laquelle Tanium a étendu ses opérations de mise sur le marché et obtenu une solide reconnaissance des analystes de l'industrie pour l...
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526 Media Group Acquires ARCHITECT, Journal of Light Construction, and Portfolio of Leading Building Industry Titles from Zonda
COSTA MESA, Calif.--(BUSINESS WIRE)--526 Media Group, the leading independent B2B media company serving the lumber, building materials, and construction industry, today announced the acquisition of ARCHITECT, Journal of Light Construction, and a portfolio of additional titles from Zonda.ARCHITECT is a premier platform for architecture and design professionals, while Journal of Light Construction is a trusted resource for professional residential builders and remodelers. The acquired portfolio al...
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Bitcoin Standard Treasury Company (BSTR) Terminates Business Combination, Team Continues Pursuing Active Bitcoin Treasury Management
WILMINGTON, Del.--(BUSINESS WIRE)--BSTR Holdings, Inc. (“BSTR”) today announced that it has agreed with Cantor Equity Partners I, Inc. (Nasdaq: CEPO) (“CEPO”) to terminate the business combination agreement dated July 16, 2025. BSTR noted that Bitcoin and publicly listed Bitcoin treasury vehicles continue to face significant pricing pressure amid challenging market conditions, contributing to dislocations in capital markets and limiting the efficient use of key amplification strategies such as...
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Adeptus Completes Third Acquisition Since Joining Current Platform, Expanding Southern California Advisory Practice
BURBANK, Calif.--(BUSINESS WIRE)--Adeptus has completed its third acquisition since joining the Current platform in 2025, continuing a period of accelerated growth that has expanded the New Jersey-based firm's capabilities, geographic reach, and specialized advisory services across Southern California. Shapiro Villalobos & Associates follows Besselman & Company and McNulty & Associates, who both joined earlier this year, helping grow Adeptus from approximately $40.5 million in reven...
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KBRA Assigns Ratings to FMC GMSR Issuer Trust, Series 2026-GT1 (FMC GMSR 2026-GT1)
NEW YORK--(BUSINESS WIRE)--KBRA assigns ratings of ‘BBB- (sf)’ to the Series 2026-GT1, Class A Term Notes from FMC GMSR ISSUER TRUST, Freedom Mortgage Corporation’s (FMC) master trust issuer of notes backed by a participation certificate evidencing a participation interest in mortgage servicing rights (MSR) on loans underlying Ginnie Mae guaranteed mortgage backed securities. KBRA’s rating on the Series 2026-GT1 Term Notes is primarily driven by the credit rating of Freedom Mortgage Corporation...
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KBRA Assigns A+ Rating With a Stable Outlook to Chicago O'Hare International Airport Senior Lien GARBs
NEW YORK--(BUSINESS WIRE)--KBRA assigns a long-term rating of A+ to the City of Chicago, Illinois (the City), Chicago O'Hare International Airport (O'Hare or the Airport) Senior Lien Revenue and Revenue Refunding Bonds Series 2026B (AMT), Senior Lien Revenue Refunding Bonds Series 2026C (Non-AMT), and Senior Lien Revenue Refunding Bonds Series 2026D (Non-AMT). Concurrently KBRA affirms the long-term A+ rating on the City's approximately $11.4 billion of outstanding Senior Lien Airport Revenue B...
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Tredegar Announces Election of Ana Dutra to Board of Directors
RICHMOND, Va.--(BUSINESS WIRE)--TREDEGAR ANNOUNCES ELECTION OF ANA DUTRA TO BOARD OF DIRECTORS...
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State Street Investment Management Announces Changes to ETF Lineup
BOSTON--(BUSINESS WIRE)--State Street Investment Management today announced plans to close and liquidate the following ETFs (the “Liquidating ETFs”) based on a review of its ETF offerings. ETF Name Ticker State Street® SPDR® S&P Kensho Intelligent Structures ETF SIMS State Street® SPDR® S&P Kensho Smart Mobility ETF HAIL State Street® Nuveen Municipal Bond ETF MBND The final day for creations and redemptions in each Liquidating ETF will be February 17, 2027. Trading of all shares will b...
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Cox Capital développera des solutions de liquidité pour les investisseurs particuliers sur les marchés privés
PHILADELPHIE--(BUSINESS WIRE)--Cox Capital Partners, LP (« Cox Capital »), fournisseur de solutions de liquidité pour les détenteurs particuliers d’investissements alternatifs illiquides, annonce aujourd’hui son intention d’étendre au marché en forte croissance des fonds à rachats périodiques son programme d’offres publiques de rachat visant les BDC (« business development companies ») non cotées. Cette initiative confirme le rôle de la société en tant que fournisseur de solutions de liquidité...