Articles from Business Wire

Four Corners Property Trust (NYSEFCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a Burger King property for $1.7 million. The property is located in a strong retail corridor in Virginia and under a corporate long-term, triple net lease with approximately 13 years of term remaining. The transaction was priced at a 7.0% cap rate on rent as of the closing date and exclusive of transaction costs.

Bristol Myers Squibb (NYSEBMY) today announced that the U.S. Food and Drug Administration (FDA) granted approval for Opdivo Qvantig™ (nivolumab and hyaluronidase-nvhy) injection for subcutaneous use, a combination product of nivolumab co-formulated with recombinant human hyaluronidase (rHuPH20), in most previously approved adult, solid tumor Opdivo indications as monotherapy, monotherapy maintenance following completion of Opdivo plus Yervoy® (ipilimumab) combination therapy, or in combination with chemotherapy or cabozantinib.1,2 The approval is based on the results from the Phase 3 randomized, open-label CheckMate-67T trial, which demonstrated non-inferior co-primary pharmacokinetic (PK) exposures, similar efficacy in overall response rate (ORR), and showed a comparable safety profile vs. intravenous (IV) Opdivo.1,3

CEL-SCI Corporation (“CEL-SCI” or the “Company”) (NYSE American: CVM), a clinical stage cancer immunotherapy company, today announced that it intends to offer to sell shares of its common stock (and/or pre-funded warrants in lieu thereof) in a best efforts public offering. The offering is subject to market conditions and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

For years, The Feinstein Institutes for Medical Research has been calling attention to the historical lack of diversity and inclusion in medical and scientific research. Now, a new perspective piece published today Nature Neuroscience underscores this urgent need, specifically highlighting the critical importance of inclusivity in human neuroscience studies.

University of Phoenix is pleased to announce the two new skill development pathways available through its Professional Development Skills Center. The pathways, “Talent Management" and "Workplace Wellness: Awareness and Action" are designed to support HR teams, leadership, and employees in creating healthier workplaces and ensuring a future-ready workforce.

Luna Innovations Incorporated (Nasdaq: LUNA) (the “Company”), a global leader in advanced fiber optic-based technology, today announced that, Pamela Coe, a member of the Board of Directors (the “Board”), will be retiring from the Luna board effective today. Ms. Coe was elected to the Board in May 2021 for a three-year term.

Fidelis Insurance Holdings Limited (NYSEFIHL) (“Fidelis Insurance Group” or “the Company”), a global specialty insurer, announced today that Fidelis Insurance Bermuda Limited (“FIBL”) has successfully closed a new catastrophe bond through the issuance of the Series 2024-2 Class A Principal-at-Risk Variable Rate Notes (the “Class A Notes”), the Series 2024-2 Class B Principal-at-Risk Variable Rate Notes (the “Class B Notes”) and the Series 2024-2 Class C Principal-at-Risk Variable Rate Notes (the “Class C Notes) (together, the “Series 2024-2 Notes”) by its Herbie Re Ltd. program (“Herbie Re”).

Virtus Total Return Fund Inc. (NYSEZTR) previously announced the following monthly distribution on November 20, 2024:

Virtus Diversified Income & Convertible Fund (NYSEACV) previously announced the following monthly distribution on November 20, 2024:

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSEAIO) previously announced the following monthly distribution on November 20, 2024:

Virtus Equity & Convertible Income Fund (NYSENIE) previously announced the following quarterly distribution on November 20, 2024:

Virtus Dividend, Interest & Premium Strategy Fund (NYSENFJ) previously announced the following quarterly distribution on November 20, 2024:

Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against AstraZeneca PLC (“AstraZeneca” or “the Company”) (NASDAQAZN) and certain of its officers.

Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of its client, Tropar Manufacturing Corporation (“Tropar”), to JDS Industries. The acquisition closed September 30, 2024.

Kerecis, the company pioneering the use of sustainably sourced fish skin and fatty acids in cellular therapy and tissue regeneration and protection, today announced the availability of SurgiClose® Silicone, which combines a fish-skin graft and silicone backing for efficient treatment of surgical and trauma wounds.

The Law Offices of Frank R. Cruz announces an investigation of Capri Holdings Limited (“Capri” or the “Company”) (NYSECPRI) on behalf of investors concerning the Company’s possible violations of federal securities laws.

Jackpot.com, the online website and app that allows individuals to safely and securely order official state lottery tickets and scratchers from their mobile phone and other devices, announced today that a New Jersey resident has won a $2 million dollar Powerball prize after purchasing a ticket on the Jackpot.com app.

The Law Offices of Frank R. Cruz reminds investors of the upcoming December 30, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired Mynaric AG (“Mynaric” or the “Company”) (NASDAQMYNA) securities between June 20, 2024 and October 7, 2024, inclusive (the “Class Period”).

Generational Capital Markets (GCM), a member of FINRA/SIPC and a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, ImagineThis Enterprise, LLC, a wholesale and trade digital print division of HKM Direct Communications, Inc., to a private investor. The acquisition closed on December 13, 2024.

The "Nigeria Cement Industry Market Size & Forecast by Value and Volume Across 50+ Market Segments for Cement Products, Distribution Channel, Market Share, Import - Export, End Markets - Databook Q1 2024 Update" report has been added to ResearchAndMarkets.com's offering.

The "Ukraine Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2028 (H1 2024)" report has been added to ResearchAndMarkets.com's offering.

T-Mobile US, Inc. (NASDAQTMUS) looks forward to discussing fourth quarter and full year 2024 financial and operational results on Wednesday, January 29, 2025, at 8:00 a.m. Eastern Time (ET). The call will be accessible via dial-in with pre-registration as well as a webcast link on the Company’s Investor Relations website at https://investor.t-mobile.com. The earnings release, Investor Factbook, and other related materials will be available at approximately 7:00 a.m. ET on Wednesday, January 29, 2025, at TMUS Investor Relations.

The Board of Directors of Source Capital, Inc. (NYSESOR) (the “Fund”), approved a special distribution in December as follows:

The "Macau Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2028 (H2 2024)" report has been added to ResearchAndMarkets.com's offering.

The "Ecuador Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2028 (H1 2024)" report has been added to ResearchAndMarkets.com's offering.

High Income Securities Fund (NYSEPCF) announced that the annual stockholder meeting convened on December 27, 2024 and was adjourned until January 3, 2025 at 11:00 a.m., Eastern time to afford stockholders additional time to vote their shares.

The "Sri Lanka Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2028 (H2 2024)" report has been added to ResearchAndMarkets.com's offering.

The "Panama Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2028 (H1 2024)" report has been added to ResearchAndMarkets.com's offering.

The "Brazil Telecom Operators Country Intelligence Report" has been added to ResearchAndMarkets.com's offering.

Johnson Fistel, LLP announces that its Denver, Colorado office has filed a class action lawsuit on behalf of all purchasers of DMC Global Inc. (NASDAQBOOM) securities during the period between May 3, 2024 and November 4, 2024, both dates inclusive (the “Class Period”). The action was filed in the United States District Court for the District of Colorado and is captioned Garson v. DMC Global Inc., Civil Action No. 1:24-cv-03387. The lawsuit charges DMC Global and certain of its top executive officers with violations of the Securities Exchange Act of 1934.

The "Pakistan Cement Industry Market Size & Forecast by Value and Volume Across 50+ Market Segments for Cement Products, Distribution Channel, Market Share, Import - Export, End Markets - Databook Q1 2024 Update" report has been added to ResearchAndMarkets.com's offering.

The "Argentina Cement Industry Market Size & Forecast by Value and Volume Across 50+ Market Segments for Cement Products, Distribution Channel, Market Share, Import - Export, End Markets - Databook Q1 2024 Update" report has been added to ResearchAndMarkets.com's offering.

The "Denmark Cement Industry Market Size & Forecast by Value and Volume Across 50+ Market Segments for Cement Products, Distribution Channel, Market Share, Import - Export, End Markets - Databook Q1 2024 Update" report has been added to ResearchAndMarkets.com's offering.

KBRA assigns a rating of BBB- to Crescent Capital BDC, Inc.'s (“CCAP” or “the company”) $115 million senior unsecured notes due in 2028 and 2030. The notes comprise a $35 million, 6.77% tranche and an $80 million, 6.90% tranche with maturities of February 18, 2028, and February 18, 2030, respectively. The rating Outlook is Positive. The notes are being issued in anticipation of 2026 unsecured note maturities.

ScienceSoft has released its proprietary research exploring the potential of wearable devices in preventive healthcare for the geriatric population. Supported by data from statistical platforms, consumer surveys, and scientific research, the report predicts that within 5 to 10 years, one in two older adults will use wearable devices daily to forecast life-threatening risks.

Hyatt Hotels Corporation (NYSEH) today announced the completion of an agreement for affiliates of Hyatt and Grupo Piñero to enter a long-term, asset-light strategic joint venture, headquartered in Palma de Mallorca, Spain, which will manage Bahia Principe Hotels & Resorts-branded properties and own the Bahia Principe brand. The 50/50 joint venture increases Hyatt’s all-inclusive portfolio giving guests and World of Hyatt members more opportunities to experience all-inclusive travel.

NEOS Investments, an asset management firm comprised of leaders and pioneers in the options-based ETF space, announces December monthly distribution amounts for their suite of ETFs that pursue monthly income and tax efficiency across core portfolio exposures.

The "Bangladesh Cement Industry Market Size & Forecast by Value and Volume Across 50+ Market Segments for Cement Products, Distribution Channel, Market Share, Import - Export, End Markets - Databook Q1 2024 Update" report has been added to ResearchAndMarkets.com's offering.

The "Colombia Cement Industry Market Size & Forecast by Value and Volume Across 50+ Market Segments for Cement Products, Distribution Channel, Market Share, Import - Export, End Markets - Databook Q1 2024 Update" report has been added to ResearchAndMarkets.com's offering.

The "Myanmar Cement Industry Market Size & Forecast by Value and Volume Across 50+ Market Segments for Cement Products, Distribution Channel, Market Share, Import - Export, End Markets - Databook Q1 2024 Update" report has been added to ResearchAndMarkets.com's offering.

Over the past year, Best’s Review readers have been most interested in the following insurance news coverage:

The "Chile Cement Industry Market Size & Forecast by Value and Volume Across 50+ Market Segments for Cement Products, Distribution Channel, Market Share, Import - Export, End Markets - Databook Q1 2024 Update" report has been added to ResearchAndMarkets.com's offering.

As online dating continues to gain popularity among seniors, the importance of privacy and data security has become a growing concern. Recent incidents, such as a data breach on senior dating platforms that exposed the personal information of over 760,000 users, highlight the need for better security. Founded in 2001, SeniorMatch has been trusted by millions of users and has responded by implementing industry-leading standards for security, privacy, and protection, ensuring a safe and reliable community for individuals over 50.

We are looking for supporters who we can share our passions with and can be a witness of a new chapter of the ice hockey club from Kobe. Be a proud supporter, call STARS KOBE as "my club," and get to know future talents. With our special programs, you come across the unique experiences, and we assure you feel at home when visiting us in Japan.

Forty-four honorees representing 9 states in the U.S. will be a part of the 2025 OneLegacy Donate Life Rose Parade® float on New Year’s Day. With ages ranging from 2 to 80 years old for floragraph honorees, and from 15 to 62 years old for floragraph honorees, these participants and their families will travel to Pasadena to be part of America’s Donate Life celebration on New Year’s day’s traditional Rose Parade®.

Southern Glazer's Wine & Spirits (Southern Glazer's)—the world’s preeminent distributor of beverage alcohol—today announced the successful closing of its acquisition of substantially all of the assets of Horizon Beverage Group, Inc. (Horizon), one of New England’s premier alcohol distributors, including all of Horizon’s operations and wine, spirits and beer portfolio. Effective immediately, Horizon’s operations in Massachusetts and Rhode Island will operate under the name Southern Glazer’s Beverage Company.

The "Spain Cement Industry Market Size & Forecast by Value and Volume Across 50+ Market Segments for Cement Products, Distribution Channel, Market Share, Import - Export, End Markets - Databook Q1 2024 Update" report has been added to ResearchAndMarkets.com's offering.

The "Chile Cashback Programs Market Opportunities Databook - 50+ KPIs on Cashback Market Size, By Business Model, By Channel, By Cashback Program Type, By End Use Sector - Q3 2024 Update" report has been added to ResearchAndMarkets.com's offering.

The "Argentina RegTech Business and Investment Opportunities Databook - 50+ KPIs on RegTech Market Size, By Industry, By Technology, By Type of Product, By Deployment, By Product Offering, Market Share - Q3 2024 Update" report has been added to ResearchAndMarkets.com's offering.

The "Canada Cashback Programs Market Opportunities Databook - 50+ KPIs on Cashback Market Size, By Business Model, By Channel, By Cashback Program Type, By End Use Sector - Q3 2024 Update" report has been added to ResearchAndMarkets.com's offering.

The "Italy Cashback Programs Market Opportunities Databook - 50+ KPIs on Cashback Market Size, By Business Model, By Channel, By Cashback Program Type, By End Use Sector - Q3 2024 Update" report has been added to ResearchAndMarkets.com's offering.

The "Vietnam Cashback Programs Market Opportunities Databook - 50+ KPIs on Cashback Market Size, By Business Model, By Channel, By Cashback Program Type, By End Use Sector - Q3 2024 Update" report has been added to ResearchAndMarkets.com's offering.

HomeStreet, Inc. (Nasdaq:HMST), the parent company of HomeStreet Bank (the “Bank”), today announced that the Bank entered into an agreement to sell to Bank of America, on a servicing retained basis, $990 million of multifamily commercial real estate loans, at a price, including the value of the retained servicing, of 92% of the principal balance of the loans. This loan sale is expected to close before December 31, 2024.

The "Malaysia Cement Industry Market Size & Forecast by Value and Volume Across 50+ Market Segments for Cement Products, Distribution Channel, Market Share, Import - Export, End Markets - Databook Q1 2024 Update" report has been added to ResearchAndMarkets.com's offering.

(NASDAQRDFN) — Active listings climbed 12% year over year during the four weeks ending December 22, though that was the smallest increase since March, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.

Booz Allen Hamilton Holding Corporation (NYSEBAH), the parent company of management and technology consulting firm Booz Allen Hamilton, will host a conference call at 8 a.m. EST on Friday, January 31, 2025, to discuss the financial results for the Third Quarter of Fiscal 2025 (ending December 31, 2024). A news release containing the results will be issued before the call.

The "Enterprise Tech Ecosystem Series: Ford Motor Company - 2024" company profile has been added to ResearchAndMarkets.com's offering.

The "U.S. Compounding Pharmacy Market - Industry Outlook & Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.

The "Enterprise Tech Ecosystem Series: Rexel - 2024" company profile has been added to ResearchAndMarkets.com's offering.

Ingles Markets, Incorporated (NASDAQIMKTA) today reported results for the three and twelve months ended September 28, 2024.

The "Copper Market Outlook: 5-Year Price Projections" report has been added to ResearchAndMarkets.com's offering.

The "Electronic Health Records Market Industry Trends and Global Forecasts to 2035: Distribution by Type of EHR, Type of EHR System, Application, Therapeutic Area, End-users, Geography and Key Players" report has been added to ResearchAndMarkets.com's offering.

Surf Air Mobility Inc. (NYSESRFM) (“the Company”,“Surf Air”), a leading regional air mobility platform, announced that Chairman of the Board, Carl Albert, and Co-Founder and Member of the Board, Sudhin Shahani, purchased 14,500 shares and 17,237 shares, respectively, of the Company’s common stock, for an aggregate purchase price of approximately $110,000, in open market transactions.

NatureSweet® is proud to announce the donation of 3.5 million pounds of fresh produce to food banks throughout North America in 2024, providing vital support to those in need. The donated tomatoes, cucumbers, and sweet peppers were distributed to food banks in both the United States and Mexico, providing more than 2.9 million meals.

The "Advanced Reinsurance Contracts and Disputes Masterclass Training Course" has been added to ResearchAndMarkets.com's offering.

BeiGene, Ltd. (NASDAQ: BGNE; HKEX: 06160; SSE: 688235), a global oncology company that intends to change its name to BeOne Medicines Ltd., today announced the U.S. Food and Drug Administration (FDA) has approved TEVIMBRA® (tislelizumab-jsgr), in combination with platinum and fluoropyrimidine-based chemotherapy, for the first-line treatment of unresectable or metastatic HER2-negative gastric or gastroesophageal junction adenocarcinoma (G/GEJ) in adults whose tumors express PD-L1 (≥1).

MUFG Bank and MUSHD today announced that MUFG Bank will acquire 100% of shares of the following overseas securities subsidiaries1 (MUFG Securities EMEA plc, MUFG Securities Asia Limited, and MUFG Securities (Canada), Ltd.) currently owned by MUSHD, making them direct subsidiaries of MUFG Bank (hereinafter, “group reorganization”). The reorganization is scheduled for July 1, 2025, subject to the completion of necessary procedures, including approvals from the relevant regulatory authorities in Japan and abroad.

The "Enterprise Tech Ecosystem Series: Atos SE 2024" company profile has been added to ResearchAndMarkets.com's offering.

The "Colombia Embedded Finance Business and Investment Opportunities Databook - 75+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments - Q2 2024 Update" report has been added to ResearchAndMarkets.com's offering.

Regulatory News:

Takeda (TSE:4502/NYSE:TAK) today announced that the Japanese Ministry of Health, Labour and Welfare has approved the use of HYQVIA® [Immune Globulin Infusion 10% (Human) with Recombinant Human Hyaluronidase] in patients with agammaglobulinemia or hypogammaglobulinemia1, disorders characterized by very low or absent levels of antibodies and an increased risk of serious recurring infection caused by primary immunodeficiency (PID) or secondary immunodeficiency (SID)2. The approval marks availability of the first and only facilitated subcutaneous immunoglobulin (fSCIG) therapy as a treatment option for appropriate patients in Japan.

Elliptic Labs (OSE: ELABS), a global AI software company and the world leader in AI Virtual Smart Sensors™ currently deployed in over 500 million devices, is announcing that they have signed a software license agreement with a new global smartphone customer. This contract will empower the new smartphone customer to utilize Elliptic Labs’ AI Virtual Proximity Sensor™ INNER BEAUTY® on their future smartphone models.

Exicure, Inc. (Nasdaq: XCUR, “Exicure”, “the Company”), has announced the signing of a Memorandum of Understanding (MOU) with GPCR Therapeutics, Inc. (“GPCR Therapeutics”) on December 24, 2024, aimed at the acquisition of GPCR USA, a subsidiary of GPCR Therapeutics, and the technology transfer and collaborative research on GPCR Therapeutics’ ongoing drug development pipelines. Through this acquisition, Exicure plans to secure key technical personnel by purchasing all shares of GPCR USA held by GPCR Therapeutics. Following this, Exicure intends to receive technology transfer for GPCR Therapeutics’ CXCR4 inhibitor, which is currently in Phase 2 clinical trials with the FDA, along with its related patents and intellectual property (IP). By acquiring excellent research personnel and clinical pipelines, Exicure aims to advance as a clinical-stage biotech company. GPCR Therapeutics plans to successfully finalize ongoing clinical trials involving stem cell mobilizers (SCM) targeting multiple myeloma patients and prepare for clinical studies related to acute myeloid leukemia (AML). The market size for the ongoing Phase 2 trials is estimated to be around $1 billion to $2 billion annually.

The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Cassava Sciences, Inc. (“Cassava”) (NASDAQSAVA) on behalf of those who purchased or otherwise acquired Cassava securities between February 7, 2024, and November 24, 2024, inclusive (the “Class Period”). The lead plaintiff deadline is February 10, 2025.

Sierra Metals Inc. (TSX: SMT | OTCQX: SMTSF | BVL: SMT) (“Sierra Metals” or the “Company”) today announced that a majority of its shareholders have committed not to tender their shares in the event that Alpayana S.A.C. (“Alpayana”) formalizes its proposed unsolicited all-cash take-over bid to acquire all of the issued and outstanding common shares of Sierra Metals for C$0.85 per share.