Finance News

ATLANTA--(BUSINESS WIRE)--In an effort to celebrate the advancement of financial literacy as a national priority, Operation HOPE and Financial Literacy for All (FL4A) today announced the launch of the Green Socks Day Challenge, a nationwide initiative to take place on April 30. This movement aims to bring attention to the urgent need for financial literacy and empower individuals, organizations, and communities to take action, start learning, and support financial education for all. Green Socks...

TEMPE, Ariz.--(BUSINESS WIRE)--Persefoni AI, Inc., a leading Sustainability Management SaaS and AI platform for companies and financial institutions, today announces $23 million in Series C extension funding. This latest funding saw participation by both new and existing investors, including a leading European luxury fashion house, TPG Rise, Rice Investment Group, Clearvision Ventures, NGP Energy Technology Partners, Prelude Ventures, and Co-Founder & CEO Kentaro Kawamori. The funding raise...

NEW YORK--(BUSINESS WIRE)--Despite a constantly evolving macroeconomic landscape, plan sponsors remain firmly committed to providing workforce retirement benefits for the foreseeable future. MetLife’s 2025 Enduring Retirement Model Study, released today, found that eight in ten (82%) of plan sponsors cannot envision a time when their company would no longer offer any retirement benefits. “In the fifty years since the passage of the Employee Retirement Income Security Act, which was designed to...

NEW YORK--(BUSINESS WIRE)--Catalyst Investment Partners (“Catalyst”), one of the largest owners and operators of industrial outdoor storage (“IOS”) properties, is pleased to announce the successful sale and recapitalization of two IOS portfolios totaling 18 properties valued at $163.5 million with a large state pension fund (the “Portfolios”). The Portfolios span 7 high-barrier-to-entry, supply constrained markets across the East Coast, acquired over the past four years by Catalyst’s first and...

SAN FRANCISCO--(BUSINESS WIRE)--Forge Global Holdings, Inc. (“Forge,” or the “Company”) (NYSE: FRGE), a leading global private securities marketplace, today announced that its Board of Directors approved a 1-for-15 reverse stock split of its Common Stock to be effective 12:01 a.m., Eastern Time, on April 14, 2025. The Company expects its Common Stock to begin trading on a split-adjusted basis on the New York Stock Exchange as of the commencement of trading on April 15, 2025. On March 27, 2025,...

LOS ANGELES--(BUSINESS WIRE)--Impact Capital Group appoints Matt Davis as Managing Director to lead real estate growth, leveraging years of experience and $100M+ in capital raised....

ST. LOUIS--(BUSINESS WIRE)--Global rigid container and life sciences packaging distributor, Novvia Group (“Novvia”), has acquired MegaChem, Inc. (“MegaChem”), a North Carolina based supplier of pails, drums, plastic and glass containers, and other rigid packaging products. Financial terms of the private transaction were not disclosed. Novvia is backed by Kelso & Company (“Kelso”). Tracing its roots back to 1979, MegaChem has grown and undergone several significant transitions and currently...

NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) will host a conference call and webcast at 9 a.m. ET on Thursday, May 1, 2025, to discuss first-quarter 2025 financial results. Allstate plans to file its results via a Form 8-K with the Securities and Exchange Commission (SEC) after 4:15 p.m. ET on Wednesday, April 30. The earnings release and investor supplement will be accessible shortly after filing on the SEC’s website (www.sec.gov) and Allstate’s Investor Relations we...

LONDON--(BUSINESS WIRE)--AM Best will exhibit at the 47th annual British Insurance Brokers’ Association (BIBA) conference, which will take place 14-15 May 2025, in Manchester, United Kingdom. AM Best’s William Mills, senior director, and Roisin Gallagher, associate director, from the EMEA ratings market development unit, will be available at booth E79 to discuss Best’s Credit Ratings and Best’s Performance Assessments for Delegated Underwriting Authority Enterprises (DUAE), Also present at the...

NEW YORK--(BUSINESS WIRE)--Basis Investment Group and The Harbor Bank of Maryland Launch New Collaboration...