Business Update News

CHARLOTTE, N.C.--(BUSINESS WIRE)--Barings BDC, Inc. (NYSE: BBDC) (“Barings BDC” or the “Company”) today announced the early termination of its existing credit support agreement (“original CSA”) associated with the Company’s acquisition of Sierra Income Corporation (“Sierra”), and the implementation of a new credit support agreement covering the remaining investments in two Sierra legacy portfolio companies. The original CSA, entered into on February 25, 2022 in connection with the Sierra merger...

NEW YORK--(BUSINESS WIRE)--ACORE CAPITAL, LP, a leading U.S. commercial real estate credit investment manager, today announced that it ranked #4 on PERE Credit’s inaugural PERE Credit 100 list, which recognizes the largest real estate credit managers based on capital raised from external investors for private credit strategies over the preceding five years. Compiled by PEI Group’s in-house research and analytics team, the ranking evaluates managers on their ability to attract institutional capi...

LONG ISLAND CITY, N.Y.--(BUSINESS WIRE)--Optimum Communications, Inc. (NYSE: OPTU) (“Optimum” and, together with its subsidiaries, the “Company”) today announced a series of transactions designed to protect and maximize stakeholder value (collectively, the “Transactions”) and position the Company for anticipated discussions with an investor group holding funded debt obligations of its wholly owned indirect subsidiary, CSC Holdings, LLC (“CSC Holdings”). The Transactions include: an internal reo...

BOSTON--(BUSINESS WIRE)--Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) today announced the U.S. Food and Drug Administration (FDA) has accepted its Biologics License Application (BLA) submission for povetacicept, an investigational engineered fusion protein and dual inhibitor of the BAFF (B cell activating factor) and APRIL (a proliferation inducing ligand) cytokines, in adults with immunoglobulin A nephropathy (IgAN). The FDA has assigned a Prescription Drug User Fee Act (PDUFA) target ac...

COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--Venu Holding Corporation ("VENU" or the "Company") (NYSE American: VENU), owner, operator, and developer of premium live entertainment destinations, today announced that it will be included in the Russell 3000® Index as part of the 2026 semi-annual reconstitution. The addition follows publication of FTSE Russell's preliminary list of index changes on May 22, 2026. The reconstitution becomes final after the U.S. market close on Friday, June 26, 2026, wit...

CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (Nasdaq: FITB) today announced that it will transfer all of its publicly traded securities to the New York Stock Exchange (“NYSE”) from The Nasdaq Stock Market LLC (“Nasdaq”). Fifth Third’s common stock is expected to begin trading on the NYSE on Friday, June 12, 2026, and will continue to trade under its current ticker symbol “FITB” after the transfer. The company’s depositary shares representing its various series of listed preferred stock will...

HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) (the “Company”) announced today it will participate in the Nareit REITweek 2026 Investor Conference on Tuesday, June 2 and Wednesday, June 3, 2026. The Company also provided an update on second quarter 2026 operating trends, indicating that performance to date is in line with guidance and expectations provided in conjunction with its first quarter 2026 earnings release. A copy of Camden’s most recent Investor Presentation can be found i...

TORONTO & LAS VEGAS--(BUSINESS WIRE)--Bragg Gaming Group (NASDAQ:BRAG; TSX:BRAG) (“Bragg” or the “Company”), a leading iGaming content and platform technology solutions provider, today announced that it expects to issue, by way of a non-brokered private placement, up to 751,445 subscription receipts (the “Subscription Receipts”) at a price of US$1.73 per Subscription Receipt for aggregate gross proceeds of up to approximately US$1,300,000 (the “Offering”). The issue price of US$1.73 per Subscri...

SALT LAKE CITY--(BUSINESS WIRE)--UteZone, the leading independent online community and news source covering University of Utah athletics, announced today that it is joining the On3 | Rivals network, marking a major new chapter for one of the most established brands in Utah sports media. For more than two decades, UteZone has delivered insider recruiting coverage, breaking news, premium analysis, and active community discussion surrounding Utah football. The move to On3 | Rivals gives subscriber...

NEWPORT NEWS, Va.--(BUSINESS WIRE)--NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (“PDMRs”) IN COMMON STOCK OF PAR VALUE $0.0001 EACH IN THE COMPANY (“Shares”) The attached notifications, which have been made in accordance with the requirements of the EU Market Abuse Regulation (as it forms part of UK law pursuant to the European Union (Withdrawal) Act 2018), provide further detail. 1 Details of the person discharging managerial responsibilities / person closel...