Category: Business

Business News from around the world.

Alibaba Entrepreneurs Fund/HSBC JUMPSTARTER 2020 Grand Finale Announced a Series of Engaging Programs

With heavyweights to share insights and global start-ups to compete on “Tech X Innovation” HONG KONG–(BUSINESS WIRE)–With less than four weeks to go, the Alibaba Entrepreneurs Fund/HSBC JUMPSTARTER 2020 (“JUMPSTARTER 2020”) announced today a series of engaging programs and a line-up of prominent speakers from various industries and academic fields will be featured at this …

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Vivint Smart Home and Mosaic Acquisition Corp. Complete Merger

One of the Largest U.S. SPAC Transactions Ever with $4.2 Billion Enterprise Value Includes $488 Million of Equity Capital to Delever the Company and Position it for Growth Combined Company to Trade on NYSE Under Ticker VVNT Commencing January 21 PROVO, Utah & NEW YORK–(BUSINESS WIRE)–Vivint Smart Home, Inc. (“Vivint”) and Mosaic Acquisition Corp. (NYSE: …

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KBRA Assigns AA- Rating with Stable Outlook to the City of Waterbury’s GO Bonds, Issue of 2020, Series A, GO Refunding Bonds, Issue of 2020, Series B, and GO Refunding Bonds (Federally Taxable), Issue of 2020, Series C

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns a long-term rating of AA- with a Stable Outlook to the City of Waterbury’s General Obligations Bonds, Issue of 2020, Series A, General Obligations Refunding Bonds, Issue of 2020, Series B, and General Obligations Refunding Bonds (Federally Taxable), Issue of 2020, Series C. Concurrently, KBRA affirms the …

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TPG Specialty Lending, Inc. Schedules Earnings Release and Conference Call to Discuss its Fourth Quarter Ended December 31, 2019 Financial Results

NEW YORK–(BUSINESS WIRE)–TPG Specialty Lending, Inc. (NYSE:TSLX) (“TSLX” or “the Company”) announced today that it will release its financial results for the fourth quarter ended December 31, 2019 on Wednesday, February 19, 2020, after the market closes. TSLX invites all interested persons to its webcast / conference call on Thursday, February 20, 2020 at 8:30 …

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KBRA Assigns Preliminary Ratings to Freddie Mac’s STACR 2020-DNA1

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to 28 classes from Structured Agency Credit Risk (STACR®) 2020-DNA1 Notes, Freddie Mac STACR Trust 2020-DNA1, a credit risk sharing transaction with a total note offering of $794,000,000. STACR 2020-DNA1 features loans with loan-to-value (LTV) ratios greater than 60%, but less than or equal to …

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DNA Payments Acquires Zash AB

LONDON–(BUSINESS WIRE)–DNA Payments (DNA), a fintech payments company, continues to expand its service offering to merchants and global footprint through the acquisition of Zash AB (Zash), a Swedish fintech company providing Point of Sale Software and Payments services to over 1000 clients in the UK, across EU, Latin America and Brazil. Zash was founded by …

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EJF Capital and AmWest Form a New Strategic Partnership

ARLINGTON, Va.–(BUSINESS WIRE)–EJF Capital LLC (“EJF”), a global alternative asset management firm, and AmWest Asset Management LLC, an affiliate of The AmWest Group (“AmWest”), today announced a strategic joint venture partnership to manage investments in non-qualified mortgage (“non-QM”) loans as well as other non-agency mortgage loans acquired from select bank and non-bank originators. As part …

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2020 OUTLOOK AND INSIGHTS: Investment Trends and Themes to be Highlighted at the Emerald Groundhog Day Investment Forum

LANCASTER, Pa.–(BUSINESS WIRE)–Join Emerald Asset Management for the 27th annual Emerald Groundhog Day Investment Forum on February 6th in Philadelphia. The Forum is the unofficial kick-off to the year ahead as Emerald’s team of analysts and portfolio managers will present their key investment themes and trends for 2020, focusing on these key sectors: Banking & …

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AM Best Affirms Credit Ratings of Fortegra Europe Insurance Company Limited

AMSTERDAM–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Fortegra Europe Insurance Company Limited (FEI) (Malta). FEI is a Malta-incorporated start-up subsidiary of Fortegra Financial Corporation (FFC) group, a U.S. insurance group specialising in program underwriting for credit, warranty, auto, home and other …

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Colgate-Palmolive Webcasts 2019 Fourth Quarter & Year-end Earnings Conference Call January 31, 2020 – 11:00 a.m. ET

NEW YORK–(BUSINESS WIRE)–Colgate-Palmolive Company (NYSE:CL) will provide a live webcast of its 2019 fourth quarter and year-end earnings conference call on Friday, January 31, 2020, at 11:00 a.m. ET. The call will be hosted by President and CEO, Noel Wallace, and Chief Investor Relations Officer, John Faucher. Investors may access a live webcast of this …

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KBRA Releases Report Assigning AA+ Rating and Positive Outlook to State of Wisconsin General Obligation Refunding Bonds of 2020 Series 1 and Series 2 (Taxable)

NEW YORK–(BUSINESS WIRE)–On January 15, 2019, Kroll Bond Rating Agency (KBRA) assigned a long-term rating of AA+ and Positive Outlook to the State of Wisconsin General Obligation Refunding Bonds of 2020, Series 1 and General Obligation Refunding Bonds of 2020, Series 2 (Taxable). KBRA additionally affirmed the long-term rating of AA+ and Positive Outlook on …

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Citi Launches $150 Million Impact Investing Fund

Citi Impact Fund Will Make Investments in Double Bottom Line Startups With an Emphasis on Women and Minority Entrepreneurs NEW YORK–(BUSINESS WIRE)–Citi announced today the launch of the $150 million Citi Impact Fund that will make equity investments in “double bottom line” private sector companies that have a positive impact on society. Citi will invest …

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AdvisorHub Launches AdvisorHub Institute Providing Continuing Education Content & Test Prep

NEW YORK–(BUSINESS WIRE)–AdvisorHub.com, the nation’s fastest growing news site for financial advisors, has partnered with The Securities Institute — a national provider of world class test prep materials for those who work in the financial and investment industry — to launch AH Institute. This area of advisorhub.com provides educational content and exam review guides to …

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REPEAT/Halo Announces Planned $11.5 Million Purchase of North Hollywood Cannabis Dispensary & Cannabis Retail Management Company

All figures in USD unless stated otherwise Not for Distribution to U.S. Newswire Servicers or For Dissemination in the United States TORONTO–(BUSINESS WIRE)–Halo Labs Inc. (“Halo” or the “Company”) (NEO: HALO, OTCQX: AGEEF, Germany: A9KN) is pleased to announce it has entered into two Letters of Intent (the “Agreements”), concerning the proposed acquisition of a …

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