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Ocean Bank Assets Grow Nearly $100 Million
MIAMI--(BUSINESS WIRE)--Ocean Bank announced today total assets increased by $98 million in the quarter ended March 31, reaching a record $7.54 billion. Net income was $20 million in the quarter, a 29 percent increase over 2025, on net interest income of $61 million. “We had continued strong results in the first quarter through aggressive lending and operating efficiencies,” said Agostinho Alfonso Macedo, President, Chairman and CEO. “This resulted in an increase in stockholder’s equity to $714...
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Panthalassa Raises $140 Million to Power AI at Sea
PORTLAND, Ore.--(BUSINESS WIRE)--Panthalassa, a renewable energy and ocean technology company, today announced $140 million in Series B financing led by Peter Thiel, with participation from new investors John Doerr, Marc Benioff’s TIME Ventures, Max Levchin’s SciFi Ventures, Susquehanna Sustainable Investments, Hanwha Group, Anthony Pratt, Fortescue Ventures, Future Positive, WTI, Nimble Partners, Super Micro Computer, Sozo Ventures, Dylan Field, Planetary VC, Leblon Capital, Resilience Reserve...
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Aspen Power Acquires Operating New Jersey Rooftop Solar Portfolio
NEW YORK--(BUSINESS WIRE)--Aspen Power, a leading distributed generation platform building the clean energy future, today announced the acquisition of two operating rooftop solar projects totaling 6.44 megawatts direct current (MWdc) from multigenerational real estate developer The Avidan Group. The projects, located in PSE&G territory in New Jersey, have operated for more than a decade and produce over 7 million kilowatt-hours annually, equivalent to the annual electricity use of more than...
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Dickey’s Barbecue Pit Invites Fans to Score New Gold Cup and Smokin’ Savings this May
DALLAS--(BUSINESS WIRE)--Dickey’s launches a limited-edition Gold Big Yellow Cup to kick off National BBQ Month paired with can’t-miss savings all month long....
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Aimbridge Hospitality Appoints Colin J. Parris, Ph.D., to Board of Managers
PLANO, Texas--(BUSINESS WIRE)--Aimbridge Hospitality, the world’s leading third-party hotel management company, today announced the appointment of Colin J. Parris, Ph.D., to its Board of Managers, effective immediately. Parris brings acclaimed expertise in artificial intelligence, digital transformation and enterprise technology strategy, with a strong track record of driving technology adoption at scale across multiple global industries. “On behalf of the Board, we are pleased to welcome Colin...
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Graylog Announces Spring 2026 Release with Automated Investigations and Behavioral Detection
HOUSTON--(BUSINESS WIRE)--Graylog 7.1 delivers automated investigations and behavioral detection to help lean security teams reduce manual work and respond faster....
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Nicokick and Northerner Expand GOVX Appreciation Discount to 35% for Military Appreciation Month
WASHINGTON--(BUSINESS WIRE)--In honor of Military Appreciation Month and ahead of Memorial Day, Nicokick and Northerner, leading online retailers of nicotine pouches for adults 21 and over, are announcing a 35% bonus discount for verified GOVX members. The limited time offer builds on the retailers’ year-round GOVX savings program for eligible adults. The bonus discount, available on both Nicokick.com and Northerner.com from May 20 through May 25, is an increase from the year-round 25% savings...
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UBS Hires Advisors Harlan S. Levinson and Louis F. Vargas in New York City
NEW YORK--(BUSINESS WIRE)--UBS today announced that Harlan S. Levinson and Louis F. Vargas have joined the firm as Financial Advisors. The Levinson Vargas Group joins the UBS Manhattan Market, led by Market Executive Kellie Brady, and is based in the firm’s 299 Park Avenue location. They report to Market Director Demie Kommatas. “We’re excited and proud to welcome Harlan and Louis to UBS,” said Kellie Brady. “Their strong track records and deep commitment to client service make them a great fit...
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Infios Named a Leader in the 2026 Gartner® Magic Quadrant™ for Warehouse Management Systems for Eighth Consecutive Year
MINNEAPOLIS--(BUSINESS WIRE)--Infios, a global leader in intelligent supply chain execution, today announced that it has been recognized as a Leader in the 2026 Gartner® Magic Quadrant™ for Warehouse Management Systems (WMS) for the eighth consecutive year. Infios was also recently acknowledged in the 2025 Gartner® Peer Insights™ Voice of the Customer for Warehouse Management Systems. The ‘Voice of the Customer’ report, which aggregates user reviews into actionable insights, highlighted Infios...
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LibreMax Capital Launches Debut Interval Fund Focused on Asset-Backed Finance
NEW YORK--(BUSINESS WIRE)--LibreMax Capital, LLC (“LibreMax”), an asset management firm specializing in securitized products and asset-backed finance, today announced the launch of the LibreMax Asset-Backed Income Fund (“LMIFX” or the “Fund”), its first interval fund that provides investors with access to private asset-backed finance (“ABF”) and traded structured credit opportunities. LMIFX seeks to generate attractive risk-adjusted returns and current income through a portfolio of asset-backed...