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HALIFAX, Nova Scotia--(BUSINESS WIRE)--Nova Scotia Power today announced that Chris Smith has been named President and CEO of the utility, effective November 2, 2026. Currently Executive Vice President, Finance and Commercial, Chris joined Nova Scotia Power in 2017. Vivek Sood, who joined the company as CEO earlier this year, has announced his decision not to renew his contract. Over Vivek’s time as CEO, he provided steady leadership through a challenging period, helping to stabilize operations...

NEW YORK--(BUSINESS WIRE)--Ares Capital Corporation (NASDAQ: ARCC) (“Ares Capital”) and MidCap Financial Investment Corporation (NASDAQ: MFIC) (“MFIC”) announced today that they have entered into a definitive merger agreement under which Ares Capital will acquire MFIC in a stock-and-cash transaction for a total enterprise value of approximately $2.6 billion (the “Transaction”). The Transaction is expected to further strengthen Ares Capital’s position as the largest publicly traded business deve...

BOSTON & LONDON--(BUSINESS WIRE)--Advent, a leading global private equity investor, today announced it has raised $30 billion across its global fund complex, comprising close to $27 billion for its 11th flagship fund, Advent International GPE XI (“GPE XI”), surpassing its target of $26 billion, and over $3 billion for its new mid-market strategy, Advent Mid-Market Private Equity (the "Mid-Market Fund").The milestone reflects robust global investor demand and confidence in Advent’s differentiated...

MCLEAN, Va.--(BUSINESS WIRE)--Hilton Worldwide Holdings Inc. ("Hilton," "the Company," "we," "us" or "our") (NYSE: HLT) today reported its third quarter 2026 results. Highlights include: Diluted EPS was $2.37 for the third quarter, and diluted EPS, adjusted for special items, was $2.45 Net income was $536 million for the third quarter Adjusted EBITDA was $1,058 million for the third quarter System-wide comparable RevPAR increased 5.8 percent, on a currency neutral basis, for the third quarter c...

OMAHA, Nebraska e NOVA YORK--(BUSINESS WIRE)--ACI Worldwide (NASDAQ: ACIW), uma inovadora original em tecnologia de pagamentos internacionais, e Circle Internet Group (NYSE: CRCL), uma das principais empresas de plataforma financeira online do mundo e emissora de USDC1 mediante suas entidades regulamentadas, anunciaram hoje uma cooperação para demonstrar como a liquidação de stablecoins pode ser integrada à infraestrutura bancária e de pagamentos existente. A iniciativa aproveita a ACI Connetic...

BURLINGTON, Mass.--(BUSINESS WIRE)--N-able, Inc. (NYSE: NABL), a global cybersecurity company delivering business resilience, today announced the launch of AI-accelerated Vulnerability and Patch Management, giving IT teams and service providers a vital defense against increasingly industrialized cybercrime. AI-accelerated Vulnerability and Patch Management will see enhancements across N-able’s Unified Endpoint Management (UEM) platform that will reduce the patching window from days to minutes....

HANOVER, Md.--(BUSINESS WIRE)--Dragos Public Sector LLC (DPS), the federal business subsidiary of Dragos, Inc., today named a Board of Directors that includes Rob Joyce, former Director of Cybersecurity at the National Security Agency, and Lieutenant General (Ret.) Maria Barrett, former Commanding General of U.S. Army Cyber Command, as part of a series of milestones that strengthen its ability to protect the extended operational technology (xOT) environment that public sector civilian and defens...

SAN DIEGO--(BUSINESS WIRE)--GridWrap, Inc. has been selected by the California Energy Commission (CEC) for a $5.9 million project to validate and commercialize its Composite WiRe Wrap technology under real-world grid operating conditions, demonstrate its performance and reliability at scale, and accelerate commercialization and utility adoption. Electricity demand is rising rapidly, driven in large part by the explosive growth of artificial intelligence (AI), hyperscale data centers, cloud comp...

ATLANTA--(BUSINESS WIRE)--UPS (NYSE:UPS) today announced third-quarter 2026 consolidated revenue of $22.9 billion. Consolidated operating profit was $1.7 billion; non-GAAP adjusted consolidated operating profit was $2.1 billion. Diluted earnings per share were $1.37; non-GAAP adjusted diluted earnings per share were $1.69†. For the third quarter of 2026, GAAP results include a net charge of $279 million, or $0.32 per diluted share, comprised of after-tax transformation strategy costs of $130 mi...

SAN MATEO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules,” “Hercules Capital,” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, is pleased to announce that its Board of Directors has declared a third quarter 2026 total cash distribution of $0.47 per share. The following shows the key dates of th...