Posted on 4/15/20
PNC Reports First Quarter 2020 Net Income of $915 Million, $1.95 Diluted EPS
The PNC Financial Services Group, Inc. (NYSE: PNC) today reported: "In these unprecedented times that we are collectively experiencing, PNC remainssquarely focused on meeting the needs . . .
Posted on 4/14/20
Wynnchurch Capital Invests in Western Forge & Flange
ROSEMONT, Ill.--(BUSINESS WIRE)--Wynnchurch Capital, L.P. announced today that it has acquired the assets of Western Forge & Flange Co. Western is a leading manufacturer of high-quality, specialty . . .
Posted on 4/8/20
States Where People Need Loans the Most Due to Coronavirus Pandemic – WalletHub Study
The coronavirus pandemic has deeply disrupted the U.S. economy, which in turn has hurt the incomes of many Americans. Businesses have been forced to lay off . . .
Posted on 4/6/20
Investor Group Files Preliminary Proxy Statement Relating to the Election of Two Stockholder-Aligned Directors
Hestia Capital Partners LP, Permit Capital Enterprise Fund, L.P. and their affiliates, who beneficially own approximately 7.5% of the outstanding common stock of GameStop Corp. (NYSE: . . .
Posted on 3/26/20
TA Associates Announces Strategic Growth Investment in Accion Labs
BOSTON & PITTSBURGH--(BUSINESS WIRE)--TA Associates, a leading global growth private equity firm, today announced that it has completed a strategic growth investment to join Basil Technology . . .
Posted on 3/25/20
2020’s Cities with the Most Overleveraged Mortgage Debtors – WalletHub Study
Buying a home represents an important milestone for most consumers. But for those who dive in to the deep end of real estate without a financial . . .
Posted on 3/20/20
Bank of America Warns a Recession Has Already Hit
In a note on Thursday, economists with Bank of America (NYSE:BAC) said that a recession has already hit. "We believe that the U.S. economy has fallen . . .
Posted on 3/19/20
As COVID-19 Spreads, Lincoln Financial Donates $1 Million to Food Providers in Its Local Communities
RADNOR, Pa.--(BUSINESS WIRE)--The demands on food banks, community pantries and soup kitchens are swiftly rising, and the universal priority of these nonprofits is the most basic . . .
Posted on 3/16/20
Emergency Fed Rate Cut Commentary by WalletHub CEO
The Federal Reserve yesterday announced an emergency interest-rate cut of 1 percentage point, bringing the Fed’s target rate nearly to zero for the first time since . . .
Posted on 3/12/20
Investor Group Sends Letter to GameStop Board Commenting on Board Refreshment
Hestia Capital Partners LP, Permit Capital Enterprise Fund LP and their affiliates, who beneficially own approximately 7.5% of the outstanding common stock of GameStop Corp. (NYSE: . . .
Posted on 3/6/20
Grasshopper Solar to Invest More Than $300M in Pennsylvania Solar Project Portfolio from Glidepath Ventures
Grasshopper Solar, a global developer and asset owner headquartered in Canada, announced today the acquisition of a 278 MWdc portfolio of solar projects in Pennsylvania from . . .
Posted on 3/3/20
SC&H Capital Orchestrates Quick Save for Distressed Modular Homes Manufacturer
Cardinal Homes, a made-to-order, modular building component manufacturer, invested heavily in production equipment upgrades and renovations to streamline productivity – right before the 2008 housing bubble . . .
Posted on 3/3/20
Grasshopper Solar to Invest More Than $300M in Pennsylvania Solar Project Portfolio from Glidepath Ventures
Grasshopper Solar, a global developer and asset owner headquartered in Canada, announced today the acquisition of a 278 MWdc portfolio of solar projects in Pennsylvania from . . .
Posted on 3/2/20
Vanguard Announces Changes To Managed Payout Fund
Vanguard today announced forthcoming changes to Vanguard Managed Payout Fund, including renaming it Vanguard Managed Allocation Fund, adding a new portfolio manager, and eliminating monthly payouts . . .
Posted on 3/2/20
Woodlands Financial Services Company Appoints Agent for Stock Repurchase Program
Woodlands Financial Services Company (the "Company") (OTC Pink: WDFN) announced today that it has appointed D.A. Davidson & Co. as agent for their stock repurchase program . . .
Posted on 2/28/20
PPG, PPG Foundation Invested Nearly $12M in Communities Worldwide in 2019
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that PPG and the PPG Foundation invested $11.8 million in communities worldwide in 2019. The funds supported community sustainability and educational . . .
Posted on 2/19/20
How Does a Financially Constrained Hospital Continue to Grow and Provide Services for the Vulnerable Population it Serves? SC&H Capital Finds a Solution
Howard University Medical School’s affiliated hospital, Howard University Hospital, has played critical roles in the ongoing 150-year mission to train the largest cohort of Black physicians . . .
Posted on 2/12/20
Bedford Funds Announces the Launch of a $2B Fund Raise
Bedford Funds, LP is announcing the launch of a $2 billion fund raise. Bedford is proud to be a national leader in developing and deploying a . . .
Posted on 2/6/20
Vanguard And HarbourVest Announce Private Equity Partnership
Vanguard and HarbourVest today announced a strategic partnership to provide qualified investors with access to private equity and the potential to earn higher returns and achieve . . .
Posted on 1/29/20
T. Rowe Price Group Reports Fourth Quarter And Full Year 2019 Results
BALTIMORE (January 29, 2020) - T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported its results for the fourth quarter and full year 2019.Assets under management . . .
Posted on 1/20/20
Greenphire Expands ConneX Global Travel Solution
Greenphire, the global leader in financial software for clinical trials, today announced that it has expanded its ConneX global travel solution to include additional in-market support . . .
Posted on 1/15/20
American Keg and Blefa Kegs Announce Investment by Blefa in American Keg
American Keg, LLC of Pottstown, PA and Blefa Kegs, Inc. of La Vergne, TN announced today that they are joining forces in producing beer kegs "made . . .
Posted on 1/9/20
Guardian Capital Partners Invests in Flat River Group
WAYNE, Pa.--(BUSINESS WIRE)--Guardian Capital Partners announced that it invested in Flat River Group, LLC. Guardian partnered with the Flat River Group executive management team, who will continue . . .
Posted on 12/23/19
NewRez and Shelter Mortgage Announce Formation of New Joint Venture Lender, Legacy Home Mortgage
FORT WASHINGTON, Pa.--(BUSINESS WIRE)--NewRez LLC, a national mortgage lender, announced today the formation of a new joint venture mortgage company to be added to its network . . .
Posted on 12/19/19
J.G. Wentworth Honored as a Premier Sales Employer in the First-Ever Premier Sales Employers Guide
J.G. Wentworth is proud to announce that it has been included in The Institute for Excellence in Sales (IES) IES Premier Sales Employer designation. The distinction . . .
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