State Street Elects Julio Portalatin and John Rhea to Its Board of Directors

BOSTON–(BUSINESS WIRE)–State Street Corporation (NYSE:STT) today announced the election of Julio Portalatin and John Rhea to its Board of Directors, effective immediately. Mr. Portalatin, age 61, was previously president and chief executive officer of Mercer, an entity redefining the world of work, reshaping pension investment outcomes and unlocking health and wellbeing solutions. He oversaw the […]

Tri-Continental Corporation Declares First Quarter Distribution

BOSTON–(BUSINESS WIRE)–Tri-Continental Corporation (the “Corporation”) (NYSE: TY) today declared a first quarter ordinary income distribution of $0.2455 per share of Common Stock and $0.6250 per share of Preferred Stock. Distributions on Common Stock will be paid on March 25, 2021 to Common Stockholders of record on March 17, 2021 and dividends on Preferred Stock will […]

Audax Private Debt Provides Financing to Support Entrepreneurial Equity Partners’ Acquisition of Ya YA Foods

NEW YORK–(BUSINESS WIRE)–Audax Private Debt announced that it was the sole investor in a mezzanine financing supporting the acquisition of Ya YA Foods (the “Company”) by Entrepreneurial Equity Partners’ (“e2p”). Ya YA Foods is a leading contract manufacturer of a broad range of aseptic food and beverage products including plant-based and high protein beverages, fruit […]

Investor Group Led by BayPine, in Partnership with TSG Consumer Partners, to Acquire Mavis Tire Express Services

BayPine and TSG to Accelerate Mavis’ Digital Transformation and Bolster Industry-Leading Products and Services Golden Gate Capital to Remain Minority Investor in Company BOSTON & SAN FRANCISCO & MILLWOOD, N.Y.–(BUSINESS WIRE)–An investor group led by BayPine LP (“BayPine”), in partnership with TSG Consumer Partners LP (“TSG”) and existing significant equity-holder West First Management (“WFM”), a […]

Compass Therapeutics to Commence Trading on the OTCQB Venture Market Under the Symbol “CMPX”

BOSTON–(BUSINESS WIRE)–$CMPX #CompassTherapeutics–Compass Therapeutics, Inc. (OTCQB: CMPX), a clinical-stage biotechnology company developing proprietary antibody therapeutics intended to engage the immune system to treat both solid tumors and hematological malignancies, announced today that shares of the company’s common stock have been cleared for trading on the OTCQB Venture Market in the United States. The Company’s shares […]

Amundi US Declares Monthly Distributions for Pioneer Closed-End Funds

BOSTON–(BUSINESS WIRE)–Amundi US today announced the declaration of dividends for five Pioneer closed-end funds for March 2021.     Ex Date: March 17, 2021 Record Date: March 18, 2021 Payable: March 31, 2021 Ticker   Taxable Funds   Distribution Per Share   Change From Previous Month HNW   Pioneer Diversified High Income Trust   $0.1100 […]

Minority Business Enterprises Underwrite the Majority of State Street 2031 Senior Subordinated Offering

BOSTON–(BUSINESS WIRE)–State Street Corporation (NYSE:STT) today announced that it has issued $850 million senior subordinated bonds at a coupon of 2.20 percent. The offering, which closed yesterday, was structured utilizing an underwriting syndicate substantially made up of Black- and Latinx-Owned Business Enterprises as bookrunners and co-managers. The full syndicate included BofA Securities, Inc., CastleOak Securities, […]

New WeSpire State of Employee Engagement Research Finds Significant Drop in Diversity, Equity and Inclusion Programs

Human Resources underestimates employee concerns about social isolation and social unrest BOSTON–(BUSINESS WIRE)–#CSR—WeSpire, the award-winning employee engagement platform specializing in purpose-driven initiatives, released the 2021 State of Employee Engagement report today. It is the tenth year of conducting this research and represents a unique opportunity to assess the widespread impact on employees of the COVID-19 […]

Missouri is 45th State to Approve Cambridge Mobile Telematics’ Insurance Scoring Model

Insurers Relying on this Model Can Offer Policyholders the Best Possible Pricing Based On Actual Driving Behavior CAMBRIDGE, Mass.–(BUSINESS WIRE)–Cambridge Mobile Telematics (CMT), the global leader in smartphone telematics, announced its behavior-based premium insurance scoring model has just been approved for personal lines use in 45 states. CMT recently released that its Premium Score had […]

Strategy Analytics: Top Enterprise Mobility Trends for the New Normal

Digital Transformation Will Drive Corporate Agenda BOSTON–(BUSINESS WIRE)–This year’s predictions from Mobile Workforce Strategies are shaped by the disruptive forces of the COVID-19 pandemic, which will dramatically alter the global business ecosystem for the next 12 months and beyond. The impacts from COVID-19 are ubiquitous and affect the many external forces that are driving change. […]