Business News

OAKLAND, Calif.--(BUSINESS WIRE)--The Board of Directors of Summit Bancshares Inc., at a meeting held on April 16, 2025, in recognition of the bank’s 43rd year in business, declared special cash dividend of $0.43 per share in lieu of the normal quarterly dividend, payable on June 30, 2025, to holders of record as of the close of business on June 9, 2025. Summit Bancshares, Inc., (OTC Bulletin Board: SMAL) is the parent company of Summit Bank....

BOSTON--(BUSINESS WIRE)--Semrush Holdings, Inc. (NYSE: SEMR), a leading online visibility management SaaS platform, will release its financial results for the first quarter ended March 31, 2025, after the close of the US markets on Wednesday, May 7, 2025. Semrush will host a corresponding conference call to discuss the results on Thursday, May 8, 2025 at 8:30 a.m. Eastern Time. Conference Call Details Date: Thursday, May 8th, 2025 Time: 8:30 a.m. ET Hosts: Bill Wagner, CEO, Eugene Levin, Presid...

SAN JOSE, Calif.--(BUSINESS WIRE)--BILL (NYSE:BILL), a leading financial operations platform for small and midsize businesses (SMBs), announced today that it will report fiscal third quarter 2025 financial results on Thursday, May 8, 2025, after the close of market. Management will conduct a conference call to discuss these results at 1:30 p.m. PDT. The news release with the financial results and a live webcast of the call will be accessible at https://investor.bill.com. Webcast replays can be...

SAN FRANCISCO--(BUSINESS WIRE)--Asana, Inc. (NYSE: ASAN) (LTSE: ASAN), a leading enterprise work management platform, today announced the appointment of Marc Boroditsky to its Board of Directors. Mr. Boroditsky brings significant go-to-market expertise and a proven track record of scaling revenue organizations at high-growth, multi-billion dollar revenue SaaS companies, which will be instrumental to Asana’s next stage of growth. “I'm excited to welcome Marc to our Board," said Dustin Moskovitz,...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a-” (Excellent) of the operating subsidiaries of The Fortegra Group, Inc. (Fortegra) (headquartered in Jacksonville, FL). Fortegra is a wholly owned subsidiary of its publicly traded parent company, Tiptree Inc. [NASDAQ: TIPT]. The property/casualty (P/C) operating subsidiaries of Fortegra include Lyndon Southern Insurance Compan...

SUNNYVALE, Calif.--(BUSINESS WIRE)--Mitel Networks Corporation, (together with certain affiliates, “Mitel” or “the Company”), a global leader in business communications, today announced that the U.S. Bankruptcy Court for the Southern District of Texas (the “Court”) confirmed the Company’s prepackaged Plan of Reorganization (the “Plan”). Completion of the Company’s restructuring process is expected within the current calendar quarter, resulting in significantly less debt, and a stronger capital...

SACRAMENTO, Calif.--(BUSINESS WIRE)--Inszone Insurance Services, a leading national provider of commercial, personal, and employee benefits insurance, is pleased to announce its recent acquisition of Davidson Insurance Agency Group, LLC. Located in Missouri, Davidson Insurance Agency has proudly served local businesses, families, and individuals since its founding in 1970, building a strong reputation for personalized and comprehensive insurance solutions. Originally established by Carrick Davi...

BOSTON--(BUSINESS WIRE)--Harvard Business Review to host the 2025 HBR Leadership Summit on April 29....

MONTREAL--(BUSINESS WIRE)--In a constantly evolving society, where socioeconomic challenges are significant, Desjardins Group has reaffirmed its commitment to supporting entrepreneurship and education by making a major donation of $2.575 million to Concordia University. This financial support will drive innovation and professional development initiatives while strengthening a strategic partnership that promises significant benefits for Montreal and Quebec society. As the largest financial co-op...

MENLO PARK, Calif. & NEW YORK--(BUSINESS WIRE)--Silver Lake, the global leader in technology investing, announced today the expansion of its senior leadership team. Karen King, a deeply respected Silver Lake executive who joined the firm over 21 years ago and has served as Managing Director & Chief Legal Officer since 2010, has been promoted to the newly created business role of Managing Director & Chief Operating Officer. Justin Hamill, who has served as esteemed outside counsel to Sil...