Articles from Business Wire

Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of AstraZeneca PLC (“AstraZeneca” or the “Company”) (NASDAQ: AZN) investors concerning the Company’s possible violations of the federal securities laws.

According to a recent study from Fidelity, more parents are saving for college (74% in 2024 versus 58% in 2007). But as education costs continue to rise, the choice of where and how to save becomes as important as the decision to do so. Ohio 529, CollegeAdvantage is pleased to announce that the CollegeAdvantage Direct 529 Plan and the BlackRock CollegeAdvantage Ohio Advisor 529 Plan both received “Silver” ratings in Morningstar’s Medalist Ratings. Announced each year, these ratings reflect analysts’ forward-looking views of which plans are best suited to help investors reach their goals. With this latest announcement, Ohio is the only state program with both a Direct and Advisor 529 Plan ranked in silver or higher by Morningstar.

Entravision Communications Corporation announces the addition of Omar y Argelia, one of the most beloved and dynamic duos in Spanish-language radio, to its Los Angeles station line-up. Beginning January 6, 2025, fans can tune in to their highly anticipated show exclusively on Jose 97.5 FM & 107.1 FM weekdays from 9:00 AM to 12:00 PM. With a perfect balance of laughter, warmth and authenticity, the show stands out by connecting with the Latino community in a way that is both entertaining and true of the rich cultural traditions of their audience.

Synology America Corp., a global leader in data management and storage solutions, has announced James Chen as its new CEO. Chen laid out his strategy for the American market and its goals to drive growth in the enterprise sector by focusing on three pillars: products, sales channels, and services. Chen, who joined the company at its inception in 2000, brings with him a deep understanding of the evolving data solutions market and a strategy for aggressive expansion in the enterprise market.

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Caribbean Alliance Insurance Company Limited (CAIC) (Antigua and Barbuda). The outlook of these Credit Ratings (ratings) is stable.

Recently Fifth Third Bank (NASDAQ: FITB) unveiled plans to expand its retail branch footprint by opening more than 200 branches over the next four years, primarily in fast-growing Southeast markets. Speaking to investors at the BancAnalysts Association of Boston Conference on November 8, Chief Operating Officer Jamie Leonard detailed how Fifth Third has created the infrastructure – inclusive of digital and physical components – to create a differentiated customer experience that fosters deep banking relationships and drives sustainable organic growth.

Equity Bancshares, Inc. (NYSE: EQBK) (“Equity” or the “Company”) today announced the closing of its underwritten public offering of 2,067,240 shares of its Class A common stock (the “common stock”), at a public offering price of $44.50 per share, which included 269,640 shares issued upon the exercise in full by the underwriters of their option to purchase additional shares of common stock. The total gross proceeds from the offering were approximately $92.0 million. The Company expects that the net proceeds from the offering will be approximately $86.9 million after underwriting discounts and commissions and estimated offering expenses payable by the Company.

Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, announces that a class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Symbotic Inc. (“Symbotic” or the “Company”) (NASDAQ: SYM) securities between February 8, 2024, and November 26, 2024, inclusive (the “Class Period”). Symbotic investors have until February 3, 2025 to file a lead plaintiff motion.

Today, Circle Internet Group, Inc. a global financial technology company, announced that its regulated subsidiary is the first stablecoin issuer to commit to comply with the Ontario Securities Commission (OSC) and Canadian Securities Administrators’ (CSA) Value-Referenced Crypto Asset (VRCAs) requirements. This facilitates Circle’s U.S. dollar-denominated stablecoin, USDC, being offered on registered crypto asset trading platforms in the Canadian market.

Alight, Inc. (NYSE: ALIT) (the "Company”), a leading cloud-based human capital technology and services provider, today issued a statement on behalf of Cannae and Alight’s Chairman of the Board William P. Foley, II.

Global branded payments leader Blackhawk Network (BHN) today announced a significant philanthropic milestone, having donated $2.7 million to 73 charities worldwide in 2024. This achievement reflects the company's continued dedication to supporting charitable causes and driving meaningful connections throughout the world. Since its inception, BHN has been committed to empowering communities and strengthening partnerships with organizations making a difference globally.

On November 1st, Insurcomm, a leading provider of disaster restoration and construction services, acquired Theraclean Restoration, a trusted leader in property restoration operating throughout New Jersey. This acquisition further strengthens Insurcomm's national presence and expands its service offerings to encompass a broader range of property restoration needs throughout the mid-Atlantic region.

ERI, the nation’s largest fully integrated IT and electronics asset disposition (ITAD) provider and cybersecurity-focused hardware destruction company, now maintains eight e-waste recycling facilities, including its state-of-the-art location in Sumner, Washington.

Divert, Inc., a sustainable solutions company committed to solving the wasted food crisis and advancing a circular economy, today announced the opening of its Integrated Diversion & Energy Facility in Turlock, California, the first-of-its-kind for the state in accelerating progress against the wasted food crisis. The new facility marks a significant milestone in the company’s robust expansion roadmap to scale its sustainable infrastructure solutions to 30 facilities across the U.S. by 2031.

Omilia, a market leader in enterprise Conversational Artificial Intelligence (CAI), today announced its recognition in the 2024 Gartner Peer Insights "Voice of the Customer" report for Enterprise Conversational AI Platforms. We feel the report recognizes Omilia for its outstanding performance in customer satisfaction, reinforcing the company’s commitment to delivering real business outcomes and value at scale through cutting-edge AI technology.

Ossium Health, a clinical-stage bioengineering company with a first-of-its-kind bone marrow bank for processing and deploying stem cell-based therapies, today announced that it will be hosting a booth at the 66th American Society of Hematology (ASH) Annual Meeting and Exposition being held December 7-10, 2024, in San Diego, CA.

Assurant, Inc. (NYSE: AIZ), a leading global business services company that supports, protects, and connects major consumer purchases, has been included in Newsweek’s list of America’s Most Responsible Companies 2025. This prestigious award is presented in collaboration with Statista, the world-leading statistics portal and industry ranking provider. The awards list can be viewed on Newsweek’s website.

AM Best has revised the outlook to negative from stable of the Long-Term Issuer Credit Ratings (Long-Term ICRs) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICRs of “a+” (Excellent) of Nonprofits Insurance Alliance of California, Inc. (Santa Cruz, CA), National Alliance of Nonprofits for Insurance, Inc. and Alliance of Nonprofits for Insurance, Risk Retention Group, Inc. (both of West Brookfield, VT) which all are members of Nonprofits Insurance Alliance Group (NIA or the group). The outlook of the FSR is stable.

UNITE HERE Local 11 sent a letter to Jamaica Bay Inn investors regarding the ongoing labor dispute at the Marina Del Rey property, which is operated by Pacifica Hotels.

KKR today announced a newly promoted group of 41 Managing Directors, effective January 1, 2025.

As temperatures drop, ComEd’s Energy Doctors are available to offer energy-saving tips that can help families and individuals manage energy use and save money on electric bills.

AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” (Superior) of Hannover Rück SE (Hannover Re) (Germany) and its main subsidiaries. AM Best also has affirmed the Long-Term Issue Credit Rating (Long-Term IR) of a debt instrument issued by Hannover Re. The outlook of these Credit Ratings (ratings) is stable. See below for a detailed listing of all companies and ratings.

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 HDI Global Seguros, S.A. (HDI-GS) (Mexico). Concurrently, AM Best has affirmed the Mexico National Scale Rating of “aaa.MX” (Exceptional) of HDI-GS. The outlook of these Credit Ratings (ratings) is stable.

Thunderbird Entertainment Group Inc. (TSXV: TBRD, OTCQX: THBRF) (“Thunderbird” or the “Company”) is pleased to announce that it has received approval from the TSX Venture Exchange (“TSXV”) of its Notice of Intention to Make a Normal Course Issuer Bid (the “NCIB”).

At AWS re:Invent, Luma AI today announced the upcoming release of its newly updated Luma AI Ray 2 Video Model, which produces videos from text and image prompts in as little as 10 seconds. Developed for general consumers, prosumers, and professionals, the Luma AI Ray 2 Video Model, accessible through Luma AI’s recently launched Dream Machine service, extends Luma’s capabilities as a visual thought partner, enabling users to bring their ideas to life in high-quality, stunning videos that are now up to 1-minute long–from five seconds in the previous model. Additionally, Luma AI and Amazon Web Services (AWS) announced a strategic collaboration that will bring Luma AI’s best-in-class visual AI models to Amazon Bedrock, enabling AWS customers to build and deploy visual capabilities into their AI applications.