State Street Announces Resolution Plan for 2021

BOSTON–(BUSINESS WIRE)–State Street Corporation (NYSE:STT) today announced that it has filed its 2021 resolution plan. State Street, along with other banking institutions, periodically prepares and files its resolution plan, commonly referred to as a “living will,” with the Board of Governors of the Federal Reserve System and the Federal Deposit Insurance Corporation. The resolution plan […]

Tremont Mortgage Trust Announces Second Quarter 2021 Results

Second Quarter Net Income Per Diluted Share of $0.01 Net Income Includes Merger Related Transaction Expenses of $0.22 per Diluted Share Second Quarter Adjusted Distributable Earnings Per Diluted Share of $0.25 NEWTON, Mass.–(BUSINESS WIRE)–Tremont Mortgage Trust (Nasdaq: TRMT) today announced financial results for the quarter and six months ended June 30, 2021. Tom Lorenzini, President […]

Boston Properties Announces Second Quarter 2021 Results; Reports EPS of $0.71 and FFO Per Share of $1.72

Exceeds EPS and FFO Guidance for Q2; Announces Acquisitions to Establish a New Market Presence in Seattle, Broaden its Life Sciences Portfolio and Expand into NYC’s Midtown South Submarket BOSTON–(BUSINESS WIRE)–Boston Properties, Inc. (NYSE: BXP), the largest publicly-traded developer, owner and manager of Class A office properties in the United States, reported results today for […]

Putnam Announces Distribution Rates for Open End Funds

BOSTON–(BUSINESS WIRE)–The Trustees of The Putnam Funds declared the following distributions.   RECORD PAYMENT FUND NAME AND DISTRIBUTIONS DATE DATE Putnam RetirementReady Maturity Fund – Class A Shares (PRMAX) $0.0140 per share investment income 7/28/21 7/30/21   Contacts Putnam Shareholders Contact: 1-800-225-1581

LifeYield Partners With White Glove to Create Tech-Integrated Prospecting Seminar

BOSTON–(BUSINESS WIRE)–Modern marketing and prospecting strategies for financial advisors must speak directly to the immediate needs of investors. To help advisors connect with the unprecedented wave of investors seeking help with retirement income, LifeYield will make its Social Security optimizer and tailored seminar material available through White Glove, a digital marketing company specializing in planning, […]

Signifier Medical Technologies Raises $35M in Series D Funding Round to Accelerate Commercialization of eXciteOSA Therapy

BOSTON & LONDON–(BUSINESS WIRE)–Signifier Medical Technologies Ltd, a pioneer in patient-friendly therapies for sleep disordered breathing, announced that it has successfully raised $35 million in its Series D capital raise. This financing will underpin the commercialization of Signifier’s FDA-approved De Novo device and therapy, eXciteOSA®, to treat millions of patients around the world suffering from […]

DataRobot is Acquiring Algorithmia, Enhancing Leading MLOps Architecture for the Enterprise

Integration will deliver augmented, first-in-class MLOps infrastructure to enable transformational business value BOSTON–(BUSINESS WIRE)–DataRobot, a leader in Augmented Intelligence, today announced the acquisition of machine learning operations (MLOps) platform, Algorithmia, further cementing DataRobot’s place as the preeminent provider of comprehensive solutions in the MLOps space, focused on bringing machine learning models into production. Announced alongside […]

With Employers and Employees Battling Over Remote Work Policies, Leading AI Provider Introduces Program With Fair, Equitable Solution Based on Data, Not Opinion

enaible Equalizer yields insights on working from the home, the office or adopting a hybrid model enaible reports that companies spent $43,765 annualized per employee for emails, meetings and other communications activities during the pandemic BOSTON–(BUSINESS WIRE)–#AI–With so many employers struggling to develop fair and equitable remote or hybrid workplaces, and with employees striving to […]

Everbridge Launches Industry’s First Global Critical Event Management (CEM) CertificationTM Program with Formalized Standards for Enterprise Resilience

Discover, Goldman Sachs, NBCUniversal, Dow and Alexion among FORTUNE 500TM leaders earning prestigious Best in Enterprise ResilienceTM designation through rigorous CEM CertificationTM benchmarking BURLINGTON, Mass.–(BUSINESS WIRE)–Everbridge, Inc. (NASDAQ: EVBG) today announced the industry’s first Critical Event Management (CEM) Certification™ Program for assessing an organization’s enterprise resilience. Developed from 20 years of professional services engagements across […]

State Street Global Advisors Survey: Majority of Investors Don’t Fully Understand Investment Costs

Major gaps in understanding cost of funds and investment advice signals opportunity for advisors to help educate investors about fees and expenses. Those who think they understand expense ratios and basis points believe the average expense ratio considered no longer “low cost” is 0.61%, which exceeds the asset-weighted average expense ratio of U.S. open-end mutual […]