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Businesswire News Releases

May 28, 2024 21:42 ET
CCC Intelligent Solutions Announces Pricing of Secondary Offering of 50 Million Shares of Common Stock
CCC Intelligent Solutions Holdings Inc. (the “Company”) (NASDAQ: CCCS) today announced the pricing of the previously announced secondary offering of the Company’s common stock (the “Offering”) by affiliates of Advent International, L.P. and Oak Hill Capital Partners (collectively, the “Selling Stockholders”) at a price to the public of $11.50 per share. The Offering consists of 50 million shares of the Company’s common stock. The Offering is expected to close on or about May 30, 2024, subject to the satisfaction of customary closing conditions. The Offering consists entirely of shares of the C...
May 28, 2024 20:49 ET
Vegas Golden Knights Champion Jonathan Marchessault Kicks Off 55th Annual World Series of Poker®
Cards are in the air at Paris Las Vegas and Horseshoe Las Vegas with the 55th annual World Series of Poker (WSOP®) officially underway, a series that follows its record-breaking summer in 2023 with 214,641 entrants from more than 114 different countries. The 2024 series began in style with Vegas Golden Knights Stanley Cup champion, 2023 Conn Smythe Trophy winner and “Original Misfit” Jonathan Marchessault delivering the iconic “Shuffle Up and Deal” to kick off the WSOP’s first opening weekend event centered around previous Main Event champions, Event #1: Champions Reunion...
May 28, 2024 20:34 ET
Direct Digital Holdings, Inc. Investor Notice: Robbins LLP Reminds Stockholders of Class Action Against DRCT
Robbins LLP reminds investors that a shareholder filed a class action on behalf of persons and entities that purchased or otherwise acquired Direct Digital Holdings, Inc. (NASDAQ: DRCT) common stock between April 17, 2023 and March 25, 2024. Direct Digital is an end-to-end, full-service programmatic advertising platform that provi...
May 28, 2024 19:30 ET
Cathay General Bancorp Adopts New Share Repurchase Program
Cathay General Bancorp (the “Company”, Nasdaq: CATY), the holding company for Cathay Bank, announced that its Board of Directors has adopted a new share repurchase program authorizing the Company to repurchase up to $125,000,000 of the Company’s common stock. The previous $125,000,000 share repurchase program announced on May 26, 2022, was completed on February 21, 2023, with the repurchase of 2,897,628 shares at an average cost of $43.14....
May 28, 2024 19:00 ET
Hitachi and Google Cloud Announce Strategic Partnership to Accelerate Innovation and Productivity with Generative AI
Hitachi, Ltd. (TSE:6501), and Google Cloud today announced a multi-year partnership to accelerate enterprise innovation and productivity with generative AI. Hitachi will form a new business unit focused on helping businesses solve industry challenges with Gemini models, Vertex AI, and other cloud technologies, and it will also adopt Google Cloud’s AI to enhance its own products and services. Through the partnership, Hitachi will further accelerate growth of Lumada, its core digital business, and it will advance operational efficiencies for the Hitachi Group....
May 28, 2024 18:34 ET
Class Certification Granted in Lawsuit Against Automobile Insurer USAA for Failing to Coordinate Benefits
On May 28, 2024, following a multi-day evidentiary hearing, Eleventh Judicial Circuit Court of Florida granted class certification in a significant lawsuit against USAA Casualty Insurance Company and USAA General Indemnity Company (collectively “USAA”). The case, brought by MSP Recovery Claims, Series LLC and MSPA Claims 1, LLC, centers on allegations that USAA’s actions, or lack thereof, contravene both state and federal laws, resulting in health payors shouldering the financial burden for accident-related medical expenses that USAA was primarily obligated to cover....
May 28, 2024 17:45 ET
Kirby McInerney LLP Announces Investigation of Shareholder Claims Against CAE, Inc. (CAE)
The law firm of Kirby McInerney LLP is investigating potential claims against CAE, Inc. (“CAE” or the “Company”) (NYSE: CAE). The investigation concerns whether CAE and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices....
May 28, 2024 16:31 ET
Cue Health to Pursue Wind Down of the Business
Cue Health Inc. ("Cue" or the “Company”) (Nasdaq: HLTH), a healthcare technology company, today announced the Company has filed voluntary petitions under Chapter 7 of the U.S. Bankruptcy Code in the District of Delaware to pursue a wind down of its business....
May 28, 2024 16:15 ET
MFS Releases Closed-End Fund Income Distribution Sources for Certain Funds
MFS Investment Management® (MFS®) released today the distribution income sources for five of its closed-end funds for May 2024: MFS® Charter Income Trust (NYSE: MCR), MFS® Government Markets Income Trust (NYSE: MGF), MFS® Intermediate High-Income Fund (NYSE: CIF), MFS® Intermediate Income Trust (NYSE: MIN) and MFS® Multimarket Income Trust (NYSE: MMT). This information also can be obtained by visiting MFS.com by clicking on Products & Strategies > Closed End Funds > Dividend Source Information....
May 28, 2024 16:05 ET
Aspen Technology to Present at Upcoming Investor Conferences
Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced that Antonio Pietri, President and Chief Executive Officer, will present at the following investor conferences:...
May 28, 2024 16:05 ET
Box Reports Fiscal First Quarter 2025 Financial Results
Box, Inc. (NYSE:BOX), the leading Content Cloud, today announced preliminary financial results for the first quarter of fiscal year 2025, which ended April 30, 2024....
May 28, 2024 16:01 ET
U.S. Navy Awards Leonardo DRS Radar Design Agent and Engineering Services for AN/SPQ-9B
Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it was awarded a contract from NAVSEA to provide AN/SPQ-9B radar design agent and engineering services. The contract includes options, if exercised, would bring the cumulative value to more than $26 million....
May 28, 2024 15:00 ET
The F Suite and Seattle Tech CFO Group Unite, Creating the Largest Community of Senior Tech CFOs
The F Suite, the premier community for CFOs at high-growth tech companies and venture capital funds, today announced its merger with the Seattle Tech CFO Group, the leading community for CFOs in the Seattle area....
May 28, 2024 14:34 ET
Tastemade Unlocks Shoppable TV Experiences With Shopsense AI Partnership
Today, Tastemade launched a partnership with Shopsense AI to unlock shoppable streaming for its US audience. Tastemade is creating premium lifestyle content that inspires great taste, and Shopsense AI provides viewers the opportunity to take action and purchase products featured on their shows....
May 28, 2024 14:25 ET
Gold Reserve Announces Private Placement Including for Purposes of Funding a Potential Transaction in Relation to the Sale of the Shares of PDV Holdings, Inc., Under the Delaware Proceedings
Gold Reserve Inc. (TSX.V: GRZ) (OTCQX: GDRZF) (“Gold Reserve” or the “Company”) announced today that it has entered into an agreement with a lead agent and bookrunner (the “Agent”) to undertake a best efforts private placement of Class A common shares of the Company (the "Common Shares") for anticipated gross proceeds of up to US$10 million at a price per Common Share of US$3.50 (the “Share Offering”). The Share Offering is expected to be completed on a best efforts basis pursuant to a formal agency agreement to be entered into between the Company and ...
May 28, 2024 12:33 ET
Comprehensive Healthcare and Central Washington University Revitalize Mental Health Counseling Graduate Program, Bringing More Support to Local Communities
Today, Comprehensive Healthcare and Central Washington University (CWU) announced a significant initiative to help fill the gap of behavioral health specialists in the region. Comprehensive Healthcare will gift nearly $770,000 to the CWU Foundation to reestablish the CWU Mental Health Counselling (MHC) graduate program, enabling the university to prepare master’s-level candidates for graduation – and for work in the community – as early as 2026....
May 28, 2024 11:00 ET
Arrow Electronics and SiMa.ai Enter Distribution Agreement in EMEA
Global technology provider Arrow Electronics and SiMa.ai, the software centric, embedded edge machine learning system-on-chip company, have entered into a strategic collaboration, enabling Arrow to distribute SiMa.ai products in the EMEA region....
May 28, 2024 11:00 ET
May 28, 2024 11:00 ET
P.A.M. Transportation Services, Inc. Announces Final Results of its Self Tender Offer
P.A.M. Transportation Services, Inc. (NASDAQ: PTSI) (the “Company”) today announced the final results of its modified “Dutch auction” tender offer to repurchase up to 550,000 shares of its outstanding common stock, which expired at 5:00 p.m., Eastern Time, on Wednesday, May 22, 2024....
May 28, 2024 10:46 ET
Lightbeam Health Announces Partnership with AHIP to Further Enhance Payer-Provider Solutions
Lightbeam Health Solutions, the leader in population health enablement technology and services, today announces its partnership with AHIP to strategically position payers and health plans with Lightbeam’s practical technology and solutions that ...