Business Update News
Stay updated with the latest business news. Read about company updates, strategic decisions, financial performance, and key developments in various industries. Discover insights that impact business operations and market trends.
Apr 25, 2025 at 6:44 PM
Visual Matrix Expands in the Middle East, Partnering With the Best Western Premier M Four Hotel in Dubai to Provide Advanced Property Management Solutions
FORT WORTH, Texas--(BUSINESS WIRE)--Visual Matrix, a leading provider of advanced technology solutions for the hospitality industry, announced a new partnership with Dubai’s Best Western Premier M Four Hotel. The Best Western Premier will receive access to Visual Matrix’s cutting-edge Property Management System, supporting full mobile operations and promoting greater efficiency and profitability. The hotel is Visual Matrix’s first property in Dubai, 1st in the Middle East region and 225th outsi...
Apr 25, 2025 at 4:34 PM
Innovex International, Inc. Announces Divestiture of the Dril-Quip Eldridge Campus - a Significant Business Transformation Milestone - and Provides Business Update
HOUSTON--(BUSINESS WIRE)--Innovex International, Inc. Announces Divestiture of the Dril-Quip Eldridge Campus - a Significant Business Transformation Milestone....
Apr 25, 2025 at 4:25 PM
VTEX Announces the Results of its 2025 Annual General Meeting of Shareholders
NEW YORK--(BUSINESS WIRE)--VTEX (NYSE: VTEX), the backbone for connected commerce, announced today that the following matters were approved in its annual general meeting of shareholders (“AGM”) held on April 25, 2025: Proposal No. 1: to resolve, as an ordinary resolution, on the re-election of certain members of the Board of Directors; Proposal No. 2: to resolve, as an ordinary resolution, the transition of the Company’s financial reporting standards to U.S. Generally Accepted Accounting Princi...
Apr 25, 2025 at 4:05 PM
Spire Global Completes Sale of Maritime Business; Debt Eliminated
VIENNA, Va.--(BUSINESS WIRE)--Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, completed the previously announced sale of its maritime business to Kpler for approximately $233.5 million, before adjustments, plus a $7.5 million agreement for services over a twelve-month period, post close. Spire used the proceeds of the sale to retire all outstanding debt. The remaining proceeds will be used to invest in near-term gr...
Apr 25, 2025 at 3:26 PM
PENN Entertainment Announces Board Refreshment
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) today announced that it intends to nominate Johnny Hartnett and Carlos Ruisanchez for election to its Board of Directors following discussions with HG Vora Capital Management, LLC (“HG Vora”). Ron Naples has informed the Board that he will retire from the Board, effective immediately. Barbara Shattuck Kohn and Saul Reibstein have notified the Company that they will not stand for reelection at the...
Apr 25, 2025 at 1:30 PM
Bragg Gaming Group To Settle USD 5 Million of Secured Promissory Note; Short-term Extension Agreement Reached for Remaining USD 2 Million
TORONTO--(BUSINESS WIRE)--Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) (“Bragg” or the “Company”), a leading global B2B iGaming content and technology provider, today announced it has reached an agreement with its lenders, certain entities controlled by Doug Fallon, to repay USD 5 million of its outstanding USD 7 million secured promissory note and to extend the maturity of the remaining USD 2 million until June 6, 2025 (the “Note”). The company is in the process of securing a new revolving cre...
Apr 25, 2025 at 11:45 AM
Séché Environnement: Combined General Meeting of April 25, 2025
CHANGÉ, France--(BUSINESS WIRE)--Regulatory News: Séché Environnement (Paris:SCHP): The Combined General Meeting was held today from 10 a.m. to 11 a.m. at the Company's head office in Changé, with all shareholders present or represented, having voted by mail or having given their proxy to the Chairman, totaling 85.92% of the shares making up the capital, and 91.33% of the voting rights. The Bureau was composed as follows: Chairman: Mr Joël Séché, Chairman of the Board of Directors Scrutineers :...
Apr 25, 2025 at 10:00 AM
First Eagle Investments to Transfer Two Active Equity ETFs to New York Stock Exchange from NYSE Arca
NEW YORK--(BUSINESS WIRE)--First Eagle Investments (“First Eagle”) today announced the transfer of its two active equity exchange-traded funds (ETFs)—First Eagle Global Equity ETF (FEGE) and First Eagle Overseas Equity ETF (FEOE)—from NYSE Arca, Inc. to the New York Stock Exchange LLC (NYSE), effective May 1, 2025. The move is expected to enhance the trading experience for investors in both funds. “By transitioning to the NYSE floor model, the ETFs benefit from both its premier trading technolo...
Apr 25, 2025 at 9:00 AM
GoldenTree Asset Management Announces Closing of $500 Million CLO Under GLM Strategy
NEW YORK--(BUSINESS WIRE)--GLM III, LP (“GLM III”) and its affiliated investment manager GoldenTree Asset Management LP (along with other affiliated investment managers “GoldenTree”), announced the closing of a $500 million collateralized loan obligation (“CLO”) to be managed by GLM III. With the closing of this CLO, GoldenTree Loan Management US CLO 24 (“GLM US CLO 24”), GoldenTree has issued 32 CLOs totaling over $17 billion under its GLM CLO strategy. Since its inception in January 2017, the...
Apr 25, 2025 at 8:51 AM
Johnston Tobey Baruch Shareholders Earn Repeat Honors in D Magazine’s Best Lawyer Survey
DALLAS--(BUSINESS WIRE)--Boutique trial and litigation firm Johnston Tobey Baruch is proud to announce the selection of shareholders Randy Johnston, Robert Tobey and Chad Baruch to D Magazine’s Best Lawyers in Dallas 2025 listing. “We couldn’t receive honors like this without the trust of our clients,” said Mr. Baruch, the firm’s managing shareholder. “Thank you to the legal community for the collaboration and for selecting us again.” Mr. Johnston, the go-to attorney on legal professional malpr...
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