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 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...
Apr 25, 2025 at 8:05 AM

Ameresco Celebrates 25th Year of “Showing the Way”, Releases 2024 Impact Report on “People, Planet & Policy”

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading energy solutions provider dedicated to helping customers navigate the energy transition, today announced the release of its 2024 Impact Report, marking a milestone in the company's journey as it celebrates its 25th anniversary. Centered on the theme of “Doing Well by Doing Good: Showing the Way,” this report highlights Ameresco’s steadfast vision to energize a sustainable world and details many stories of the Company’s...
Apr 25, 2025 at 1:30 AM

Sopra Steria Group: SSCL secures £300m plus contract extension to deliver critical government business services for further three years

PARIS--(BUSINESS WIRE)--Regulatory News: Shared Services Connected Ltd (SSCL), a wholly owned subsidiary of Sopra Steria (Paris:SOP), a major player in the European tech sector, has today announced it has been awarded a three-year contract extension, with a value of more than £300 million, to continue delivering critical business services on behalf of six major UK government clients. The contract extension, which is part of the government’s ‘Synergy’ procurement programme, is led by the Departm...
Apr 24, 2025 at 7:14 PM

Orbia Announces First Quarter 2025 Financial Results

MEXICO CITY--(BUSINESS WIRE)--Orbia Advance Corporation, S.A.B. de C.V. (BMV: ORBIA*) (“the Company” or “Orbia”) today released unaudited results for the first quarter of 2025. Orbia delivered reported EBITDA of $198 million for the first quarter of 2025. Adjusted EBITDA1 was $260 million when adding back legal and restructuring costs, and the impact of a raw material supply disruption. Q1 2025 Financial Highlights (All metrics are compared to Q1 2024 unless otherwise noted) Net revenues of $1,...
Apr 24, 2025 at 5:25 PM

Walmart Releases 2025 Annual Report and Proxy Statement

BENTONVILLE, Ark.--(BUSINESS WIRE)--Walmart Inc. (NYSE: WMT) issued its 2025 Annual Report and filed its Proxy Statement today in preparation for the company’s Annual Shareholders’ Meeting on Thursday, June 5, 2025. 2025 Annual Report Highlights In his annual letter to shareholders and associates, Walmart President and Chief Executive Officer, Doug McMillon, expressed his appreciation for Walmart associates who drove the year’s strong performance, and highlighted the company’s impressive growth...
Apr 24, 2025 at 5:07 PM

Nu Mexico Receives Banking License Approval, Paving the Way for Product Portfolio Expansion and Increased Financial Inclusion

MEXICO CITY--(BUSINESS WIRE)--Nu Mexico, a subsidiary of Nubank, announced today the approval of its banking license by the National Banking and Securities Commission (CNBV). With this milestone, Nu has become the first Popular Financial Society (SOFIPO) to obtain approval to transform into a bank, opening the path to increased competition in the Mexican financial sector. This milestone brings the company closer to expanding its product portfolio, including the introduction of a payroll account...
Apr 24, 2025 at 4:15 PM

WisdomTree’s India Hedged Equity Fund (INDH) Wins Best New International Equity ETF at ETF.com Awards 2025

NEW YORK--(BUSINESS WIRE)--WisdomTree’s India Hedged Equity Fund (INDH) has been named “Best New International Equity ETF” at the ETF.com Awards 2025....
Apr 24, 2025 at 3:57 PM

Hudson's Bay Announces Liquidation of Remaining Stores

TORONTO--(BUSINESS WIRE)--Hudson’s Bay Company ULC (Hudson’s Bay or the Company), the Canadian entity comprising the retailer Hudson’s Bay and TheBay.com, will liquidate its remaining six Hudson’s Bay stores and one Saks Fifth Avenue location. At this time, the Company believes that a viable bid for the current six-store model is unlikely, and therefore will begin liquidation sales in these stores beginning Friday, April 25th. The remaining locations will join the 73 other Hudson’s Bay, 13 Saks...
Apr 24, 2025 at 3:23 PM

SUPERWISE® is the Future: Blattner Technologies Adopts Its AI Platform’s Name in Strategic Rebrand

NASHVILLE, Tenn.--(BUSINESS WIRE)--Blattner Technologies rebrands to SUPERWISE®, reflecting its commitment to AI-driven solutions for efficiency, security, governance, and observability...
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