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JPMorgan names co-heads of commercial banking unit

February 10, 2025 7:45 am
According to a report by Reuters, JPMorgan Chase & Co has appointed Matt Sable and Melissa Smith as co-heads of commercial banking unit. The announcement came after a broader leadership reshuffle in January, where Jennifer Piepszak was appointed as Chief Operating Officer. Sable and Smith will head a commercial banking business, which offers services to […] Read more

Uber shares up 6%, Bill Ackman discloses $2.3 billion stake

February 9, 2025 11:54 am
The shares of Uber Technologies Inc (NYSE: UBER) surged more than 6% on Friday, after billionaire hedge fund manager Bill Ackman disclosed a stake worth nearly $2.3 billion in the company. Ackman said on social media platform X that he began to acquire a stake in Uber in early January and now owns 30.3 million […] Read more

Ameren Corp increases quarterly dividend to $0.71

February 8, 2025 3:20 pm
Ameren Corp (NYSE: AEE) said on Friday that its Board of Directors had authorized a quarterly cash dividend of $0.71 per share of common stock. The latter represents an increase of 5.97% compared to the previous quarterly dividend of $0.67 per share. The dividend will be paid on March 31st to shareholders of record as […] Read more

SolarWinds to be purchased by Turn/River Capital

February 8, 2025 12:53 pm
SolarWinds Corporation (NYSE: SWI) said on Friday that it had entered into a definitive agreement to be bought by Turn/River Capital in an all-cash deal valued at $4.4 billion (or $18.50 per share). ”We have built a great track record of helping customers accelerate business transformations through simple, powerful, secure solutions designed for hybrid and […] Read more

Enlightify announces strategic partnership with Huadian Gaintime Investment Fund

February 8, 2025 8:59 am
Enlightify Inc (NYSE: ENFY) said on Friday that it had entered into a strategic cooperation agreement with Huadian Gaintime Investment Fund Management Co Ltd to jointly develop and invest in global renewable energy projects (with focus on solar, wind and hydropower initiatives). Under the agreement, the two entities will establish the “Overseas Ready-to-Build Development Fund,” […] Read more

BBB Foods announces secondary offering pricing

February 6, 2025 1:34 pm
BBB Foods Inc (NYSE: TBBB) said on Wednesday that it had priced an underwritten public offering of 21,000,000 Class A common shares at a public offering price of $28.25 per share. The offering is to close on or about February 7th, BBB Foods said. The underwriters have been granted the option to buy up to […] Read more

CF Bankshares Inc announces share buyback program

February 5, 2025 1:30 pm
CF Bankshares Inc (NASDAQ: CFBK), the parent company of CFBank, has announced a share repurchase program. Under the latter, the company will buy back up to 325,000 shares, or nearly 5% of its outstanding common stock, on or before January 31st 2026. “We believe our stock is a good value, and the Board’s approval of […] Read more

PJT Partners announces $0.25 quarterly dividend

February 5, 2025 11:20 am
PJT Partners Inc (NYSE: PJT) said on Tuesday that its Board of Directors had authorized a quarterly cash dividend of $0.25 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on March 19th to shareholders of record as of the close of business […] Read more

Bitcoin Depot now has additional $5 million in BTC holdings

February 5, 2025 9:58 am
Bitcoin Depot Inc (NASDAQ: BTM), a US-based Bitcoin ATM operator and fintech company, said this week it had acquired additional $5 million in Bitcoin as part of its treasury strategy, which it had announced in June 2024. With the recent purchase of 51 BTC, Bitcoin Depot now holds 71.5 Bitcoin in its treasury, it said. […] Read more

Genelux Corp appoints Chief Financial Officer

February 4, 2025 11:30 am
Genelux Corporation (NASDAQ: GNLX), a late clinical-stage immuno-oncology company, said on Monday that it had appointed Matthew Pulisic as its next Chief Financial Officer, effective January 30th. Pulisic brings more than 19 years of finance and commercial experience within the biopharmaceutical industry. Most recently, he was Vice President of Finance at Arrowhead Pharmaceuticals, a publicly-traded […] Read more