Recent Articles from Business Wire

Medical Manufacturing Technologies (MMT), a portfolio company of Arcline Investment Management and a leading global provider of medical device manufacturing solutions, is pleased to announce the expansion of heat shrink removal tooling and braided catheter cutting capabilities with the acquisition of Mayer Engineering, the innovative makers of the FEPeeler. This acquisition will enhance MMT's comprehensive suite of manufacturing services and solutions, further solidifying its trusted position in the medical device manufacturing sector.

The Insurance Information Institute (Triple-I) has launched a comprehensive awareness campaign in Baton Rouge, highlighting legal system abuse and its impact on Louisiana’s economy, in conjunction with the start of the Pelican State’s 2025 legislative session.

TOKU-E Company, a global manufacturer of small molecules, gene selectors and fine chemicals for upstream manufacturing, is pleased to announce the availability of Pirlimycin Hydrochloride for food safety testing.

The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Edison International (“Edison” or “the Company”) (NYSE: EIX) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of BigBear.ai Holdings, Inc. (“BigBear” or “the Company”) (NYSE: BBAI) for violations of the securities laws.

Adams Street Partners, LLC, a leading private markets investment firm with more than $62 billion in assets under management, today released its inaugural Advisor Outlook.

Established Incorporated, a premier global brand licensing company, announces the formation of a strategic joint venture with ACI Licensing to acquire and manage four prominent lifestyle brands. Under the terms of the agreement, Established will hold a controlling 51% ownership stake in the joint venture, with ACI Licensing retaining 49%.

Applied StemCell, an advanced therapeutics CRO/CDMO specializing in iPSCs, gene editing, and small animal models, announced today that it has submitted a Type II Drug Master File (DMF) to the U.S. Food and Drug Administration (FDA) for its ActiCells™ GMP Human Induced Pluripotent Stem Cell (hiPSC) line. This milestone underscores the company’s commitment to empowering scientists to accelerate their cell therapy development by providing high-quality, regulatory-compliant iPSC solutions.

Mattel, Inc. (NASDAQ: MAT) and WWE, part of TKO Group Holdings (NYSE: TKO), today announced a multi-year extension to their global licensing agreement which sees Mattel continue to produce a wide range of WWE products including action figures and accessories, playsets, roleplay items, vehicles, and vehicle accessories.

Network connectivity solutions provider, Canoga Perkins today announced that its SyncMetra ultra-low, guaranteed latency offering for enterprise AI at the edge is powered by AMD Virtex™ UltraScale+™ FPGAs.

Dan-O’s Seasoning is celebrating 10 years of business growth with a transition to a new label design as part of the brand’s evolution. Say hello to Dan-O's Seasoning Premium Blends, same great taste, just with a bolder, more eye-catching look. The new label will keep the classic Dan-O’s Seasoning charm – but a makeover includes new vibrant colors that are bolder but keeping the distinctive cap color.

FirstLine Road Solutions (“FirstLine” or the “Company”), a market leading road solutions provider, is pleased to announce its partnership with Eaton Towing & Recovery (“Eaton”). This strategic partnership expands FirstLine’s geographic presence into Texas and further strengthens its presence in Idaho.

Kerecis, the company pioneering the use of sustainably sourced fish skin and fatty acids in cellular therapy and tissue regeneration, welcomes the recent decision by the Centers for Medicare & Medicaid Services (CMS) to postpone the effective date of the proposed Local Coverage Determination (LCD) for Skin Substitute Grafts/Cellular and Tissue-Based Products. The new implementation date is January 1, 2026.

The "Cocaine Intoxication - Epidemiology Forecast - 2034" report has been added to ResearchAndMarkets.com's offering.

AM Best has placed under review with developing implications the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Family Life Insurance Company (Family Life) (Houston, Texas).

KBRA assigns preliminary ratings to 58 classes from Connecticut Avenue Securities Trust 2025-R03 (CAS 2025-R03), a credit risk sharing transaction with a total note offering of $619,454,000. The pool is characterized by loans with original loan-to-value (LTV) ratios that are greater than 80% and less than or equal to 97%.

The "Biodegradable Plastics Market by Type (PLA, Starch Blends, PBAT, PHA, PBS), End-Use Industry (Packaging, Consumer Goods, Textiles, Agriculture & Horticulture), and Region- Global Forecast to 2029" report has been added to ResearchAndMarkets.com's offering.

Genians, a proven innovator in Universal Zero Trust Network Access (ZTNA), and Ramen Inc., a leader in AI-powered Network-as-a-Service (NaaS), today announced a strategic partnership to deliver an AI-powered converged network and security platform. The solution is designed to provide reliable, secure connectivity across both traditional (carpeted) enterprise spaces and industrial (uncarpeted) environments.

The "Automotive Suspension Systems Market Report 2025" has been added to ResearchAndMarkets.com's offering.

New research reveals the harmful impacts of the Inflation Reduction Act’s drug pricing provisions on biopharmaceutical investment, research and development, and patients’ treatment options. Vital Transformation’s research found that aggregate small molecule investments by companies valued at less than $2 billion dropped by 68% since the Inflation Reduction Act was introduced. Further, the study also found a 74% drop in the median size of aggregate investments into indications specifically targeting the Medicare-aged population, with a significant decrease in investments in small molecules compared to large molecules after the IRA was introduced. The peer-reviewed research was first published in the journal Therapeutic Innovation and Regulatory Science.

Metronet, recognized by PCMag as one of the nation’s “Fastest Major ISPs” for two consecutive years, is bringing its 100% fiber-optic internet to Carpentersville, Ill. This privately funded, multimillion-dollar project will provide residents and businesses with high-speed, reliable internet, delivering symmetrical speeds of up to five gigabits per second for homes and up to ten gigabits per second for businesses.

American Beacon Advisors, Inc. (“American Beacon”), an experienced provider of investment advisory services to institutional and retail markets, announced today that it has assumed management of the Ionic Inflation Protection ETF (“CPII”) with Ionic Capital Management LLC (“Ionic”) continuing involvement in a sub-advisory role. Effective April 14, 2025, American Beacon will serve as the investment advisor and Ionic will serve as the sub-advisor to the newly adopted fund: American Beacon Ionic Inflation Protection ETF (the “Fund”) (Ticker: CPII).

The University of Maryland Medical System (UMMS) and its iHarbor Innovation Center have been named as one of the distinguished recipients of Modern Healthcare’s 2025 Innovators Awards, celebrating both outstanding individuals and organizations leading health care innovation.

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Mullen Automotive, Inc. (“Mullen” or the “Company”) (NASDAQ: MULN) and reminds investors of the April 14, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

AM Best will host an analytical briefing on the state of the U.S. medical professional liability (MPL) insurance sector on Tuesday, May 13, 2025, at 11 a.m. (EDT).

Türkiye’s leading technology company and mobile operator, Turkcell (NYSE: TKC) (BIST: TCELL), hosted the face to face meeting of the ITU-T Focus Group on AI-Native Network (FG-AINN)—a pioneering initiative under the International Telecommunication Union (ITU). The event brought together more than 100 global industry experts, regulators, and thought leaders to discuss the integration of artificial intelligence into future telecom infrastructures.

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Merck & Co., Inc. (“Merck” or the “Company”) (NYSE: MRK) and reminds investors of the April 14, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

UBS Wealth Management USA today announced that Ryan Stevens has joined the firm as a Financial Advisor in the Billings office. Ryan will be joining Montana Wealth Advisors, a nine-person team responsible for managing over $1.5 billion in client assets. Ryan joins the firm’s Pacific Northwest Market, led by Market Executive Rob Giordano and Market Director Joe Hertig.

Berkshire Hathaway Specialty Insurance (BHSI) today announced the promotion of Shelley Norman to U.S. Executive & Professional (E&P) Lines Field Leader, and Brady Head to E&P Product Lead, North America.

The "Polyester Resin: Global Markets" report has been added to ResearchAndMarkets.com's offering.

Omni Design Technologies, a leading provider of high-performance, low-power SWIFT™ data acquisition and signal-processing solutions, today announced the availability of its high-precision, core-voltage only (0.75V), silicon-embedded process, voltage, and temperature monitor (PVT). The ODT-PVT-ULP-001C-3 provides simple and seamless integration, requiring just a single core-voltage supply and a digital interface, removing the need for added supply voltage complexity, while maintaining precision and highly-localized monitoring next to critical digital subsystems.

The "Asia-Pacific Satellite Internet Market Report, 2025-2032" has been added to ResearchAndMarkets.com's offering.

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Intellia Therapeutics, Inc. (“Intellia” or the “Company”) (NASDAQ: NTLA) and reminds investors of the April 14, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Holon Health, a multi-specialty provider including primary care and psychiatry that bridges the gaps in care for people with substance use disorder (SUD), is proud to announce its selection as one of the distinguished recipients of Modern Healthcare’s 2025 Innovators Awards. Modern Healthcare’s Innovators program recognizes leaders and organizations driving innovation that improves care, achieves measurable results, and contributes to the clinical and financial goals of the organization.

Materialise NV (NASDAQ: MTLS), a leading provider of additive manufacturing software and of sophisticated 3D printing services, today announced that it will release financial results for the first quarter ended March 31, 2025 on Thursday, April 24, 2025 at 6:30 a.m. ET/12:30 p.m. CET.

WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), has named Kate McGlinchey as Senior Vice President, Chief Compliance Officer.

Enterprises are partnering with service providers to build global capability centers (GCCs) that go far beyond traditional outsourcing, serving as digital nerve centers and innovation engines, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a global AI-centered technology research and advisory firm.

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against FMC Corporation (“FMC” or the “Company”) (NYSE: FMC) and reminds investors of the April 14, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Encora Therapeutics today announced that its abstract, Safety and Efficacy of a Wrist-worn Vibratory Stimulation Wearable for Upper Limb Tremor Reduction in Essential Tremor (ULTRE): A Randomized, Controlled Trial, was honored as an “Abstract of Distinction” by the American Academy of Neurology (AAN) and the Science Committee at the recent AAN 2025 Annual Meeting. This distinction was awarded to the single top-rated abstract out of over 300 in its topic category of Movement Disorders “based on the quality of study and interest to the neurologic community”.

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Elastic N.V. (“Elastic” or the “Company”) (NYSE: ESTC) and reminds investors of the April 14, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Honeycomb Credit, the leading community capital investment platform for small businesses, today announced its acquisition of IFundWomen (IFW), the award-winning funding marketplace for growing businesses. This acquisition combines IFW's successful track record in rewards crowdfunding, enterprise grants, coaching, and connections for early-stage companies with Honeycomb Credit's deep expertise in helping local businesses secure loans from everyday community investors. The IFW team will join Pittsburgh-based Honeycomb Credit effective immediately. Karen Cahn, IFundWomen’s Founder and CEO, will join Honeycomb Credit as a Board Member and Principal Advisor, focusing on advocating for small businesses.

Guardian Pharmacy Services, Inc. (NYSE: GRDN), one of the nation’s largest and most innovative long-term care (LTC) pharmacy services companies, and Mullaney’s Pharmacy, a Guardian Pharmacy member based in Cincinnati, today announced the opening of a new pharmacy in Columbus, Ohio. Operating as Guardian Pharmacy of Ohio, the new location – together with the Cincinnati pharmacy – will strengthen Guardian’s presence in the region and allow it to provide even better service to residents in assisted living, skilled nursing and behavioral health communities as well as individuals with intellectual and developmental disabilities across Ohio, northern and central Kentucky, and western West Virginia.

1st Summit Bancorp of Johnstown (OTC: FSMK) (“1st Summit”), the parent company of 1st Summit Bank (the “Bank”) today announced financial results for the first quarter ended March 31, 2025.

TechNet, the national, bipartisan network of innovation economy CEOs and senior executives, today released the results of a survey in partnership with Echelon Insights conducted April 4-7, 2025, that reveals most Americans believe that breaking up U.S. tech companies will put the United States at a competitive disadvantage against our adversaries like China, raise costs for consumers, make America less secure, and slow American innovation. The survey also reveals that American tech products are enjoyed by virtually all American voters, and that 72% of respondents are concerned about foreign countries surpassing the U.S. in artificial intelligence and other cutting-edge technologies.

Pheast Therapeutics, a private biotechnology company developing novel therapies to unleash the power of macrophages on aggressive, difficult-to-treat cancers, today announced that the first patient has been treated in its Phase 1 clinical trial evaluating PHST001, an anti-CD24 macrophage checkpoint inhibitor, in patients with advanced solid tumors.

CNE Direct, Inc., dba Illumynt, is pleased to announce we successfully completed a high-profile decommission project for one of the largest global supercomputer installations during the month of March. We received, tested, and resold thousands of AI-optimized full server racks and harvested components, generating sales proceeds in excess of our original estimates for the project.

As financial advisors increasingly adopt defined-outcome strategies to capture market opportunities, manage risk, and meet client goals, CAIS, the leading alternative investment platform for independent financial advisors, today announced an expansion of its defined-outcome capabilities through CAIS Capital Markets, a new division. CAIS Capital Markets will centralize existing structured investments solutions, hedging and monetization, and managed solutions referral services, with CAIS Capital’s structured investments trade execution capabilities.

Mint Cannabis, one of the nation’s fastest-growing cannabis dispensary operators, is bringing its industry-leading retail experience to Las Vegas with two new dispensaries. This expansion marks the Mint’s official entry into the Nevada market, perfectly timed with the celebration of National Cannabis Day on April 20.

Biostate AI, a leading innovator in artificial intelligence for RNA sequencing, today announced a strategic partnership with the Accelerated Cure Project (ACP), a nonprofit organization dedicated to accelerating research and improving outcomes for people with multiple sclerosis (MS). The partnership aims to develop next-generation AI models capable of predicting disease progression and treatment response in MS, leveraging transcriptomic data from ACP’s extensive biorepository.

Outpost Technologies Corporation (Outpost Space), a leader in pioneering multi-ton returnable space platforms and delivering innovative and persistent capabilities to the American warfighter, has been awarded a $1.8M contract from the U.S. Space Force SPACEWERX Small Business Innovation Research (SBIR) program. The contract, awarded through the Innovative Cargo Exoatmospheric Delivery Technology (ICED-T) Topic, funds Outpost’s Shielding Technology for Exoatmospheric Experiments and Payloads (STEEP) program.

In celebration of Nurses Week, Bella Baby Photography is proud to offer complimentary mini photo sessions to the incredible maternity nurses at Morgan Stanley Children’s Hospital/Sloane Hospital for Women in Manhattan.

DoubleVerify (“DV”) (NYSE: DV), a leading software platform for digital media measurement, data and analytics, today announced the launch of pre-bid video exclusion lists for TikTok—expanding the company’s footprint of trusted, independent brand suitability and media performance tools on the platform. This release will allow advertisers to proactively avoid content they deem objectionable before their ads are served, maximizing media quality, campaign performance and advertising ROI.

Quantum Knight, a pioneer in quantum-secure encryption and cybersecurity innovation, has reached a major milestone with its flagship cryptosystem CLEAR™ (Cryptographic Layer for Enterprise Access and Resilience) becoming the first standalone encryption solution to receive Authority to Operate (ATO) from the U.S. Food and Drug Administration (FDA) for use in life-critical medical and digital infrastructure.

NielsenIQ (NIQ), a leader in consumer intelligence, will host its annual Consumer 360® (C360) event, June 2-5, 2025, at the Diplomat Beach Resort in Hollywood, Florida.

In response to the growing concern over economic volatility about the flow of trade between countries, IDC, the global leader in trusted technology intelligence, is hosting a webinar on Wednesday, April 16 for technology and business leaders navigating the current situation.

Attorney and traffic safety expert Amy Witherite warns that experimental driverless trucks will reach speeds up to 75 miles per hour as they undergo further testing on routes from Dallas – Houston, Fort Worth to El Paso and Phoenix to El Paso.

Healthcare Management Partners (“HMP”), a healthcare restructuring and consulting firm announces the successful court-approved sale of five senior living communities to long-term ownership.

Global architecture and design firm Corgan announces the opening of a new San Antonio, Texas office located on the 19th floor of Frost Tower, an iconic skyscraper in downtown. The Class A++ building will house the firm dedicated to elevating architecture and design for clients in aviation and transportation, data centers, education, health, government, multifamily, office and workplace. Building on more than 25 years of experience working in San Antonio, the new office enhances the firm’s ability to serve clients and meet the growing demand for its services the region.

Phenom, an applied AI company specializing in HR, ranked highest among all vendors in the 2025 Gartner® Critical Capabilities for Talent Acquisition Suites (Recruiting) for the Extended CRM Emphasis Use Case for its Talent CRM. In the inaugural Gartner report for this category, Phenom was also recognized in the highest three ranked vendors for Extended AI Innovation and High-Volume Hiring Use Cases.

Paychex, Inc. (Nasdaq: PAYX) (“Paychex”), an industry-leading human capital management (HCM) company, today announced the successful completion of its acquisition of Paycor HCM, Inc. (Nasdaq: PYCR) (“Paycor”), a leading provider of HCM, payroll and talent software.

The "Webscale Market Review, 4Q24: Annual capex breaks the $300B mark" report has been added to ResearchAndMarkets.com's offering.

D.A. Davidson & Co. announced today that it served as exclusive financial advisor to cQuant.io, a provider of analytics solutions for the energy & commodities sectors, in its sale to Zema Global, a leading provider of data management and analytics solutions for the energy, commodities, and financial sectors and portfolio company of FTV Capital.

The "Enterprise Tech Ecosystem Series: The Charles Schwab Corporation - 2025" company profile has been added to ResearchAndMarkets.com's offering.

Surge Components, Inc. (“Surge” or the “Company”) (OTC Pink: SPRS), a leading supplier of capacitors, discrete semi-conductors, switches, and audible/sounding devices, today announced financial results for the first quarter ended February 28, 2025.

The Ryl Company, the parent company of Ryl Tea, a fast-growing brand reshaping the beverage industry, has secured $15 million in Series B funding.

The "Enterprise Tech Ecosystem Series: Haleon - 2025" company profile has been added to ResearchAndMarkets.com's offering.

Wealth.com, the leading digital estate planning platform for financial advisors, today announced a strategic integration with eMoney Advisor, a leading provider of technology solutions and services that help people talk about money. This integration will empower financial advisors on the Wealth.com platform to deliver more efficient, accurate and holistic estate and financial planning solutions to their clients. Upon launch, advisors will be able to eliminate manual data entry and ensure real-time synchronization of financial data for a more fully integrated, AI-powered wealth management experience.

Motivus, a leading global technology and Data and AI consulting firm, today announced the appointment of two key executives to its leadership team as the company accelerates toward its ambitious growth targets.

Sonder Holdings Inc. (Nasdaq: SOND) (“Sonder” or the “Company”) today announced a series of actions intended to strengthen its balance sheet and generate significant cost savings, and provided an update on its integration with Marriott International, Inc. (Nasdaq: MAR) (“Marriott”):

SentinelOne® (NYSE: S), a global leader in AI-powered security, today announced it has been named the best performing vendor on the Frost Radar™: Endpoint Security, 2025, and a leader on both the Growth and Innovation indexes for its Singularity Endpoint Security Solution ahead of all other vendors evaluated.

Worthington Steel, Inc. (NYSE: WS) today announced that it was named a GM Supplier of the Year winner in General Motor’s 33rd annual Supplier of the Year awards. This is the Company’s fourth time achieving this distinction. It previously earned recognition in 2020, 2021 and 2023.

SmarterDx, Inc. (“SmarterDx” or “the Company”), a leader in clinical AI for revenue integrity and care quality, today announced a strategic investment from New Mountain Capital, LLC (“New Mountain Capital”), a leading growth-oriented investment firm with more than $55 billion in assets under management. This investment will support SmarterDx’s next phase of growth and product innovation, focused on creating value for health systems and enabling them to deliver the best care for patients.

JLL Partners, LLC (“JLL” or the “Firm”), a New York-based middle market private equity firm focused on investing in the healthcare, aerospace & defense, and business services sectors, today announced the promotion of Gerard Van Spaendonck to Head of Value Creation, and the additions of Raj Bhavsar as Chief Technology Officer (“CTO”) and Tom Burke as Operating Partner. These strategic actions significantly bolster the Firm’s value creation team, emphasizing JLL’s commitment to driving operational improvements and leveraging technology to accelerate portfolio company growth.

Presto Phoenix, Inc., America’s leading provider of drive-thru Voice AI for the quick-service restaurant (QSR) industry, today announced the launch of its phone ordering business unit at the outset of the Restaurant Leadership Conference (RLC) in Phoenix.

International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that it expects to release financial results for the first quarter 2025, on Tuesday, May 6, 2025, after the close of the U.S. financial markets.