Sculptor Closes CLO XXXIV Totaling $408 million

“This closing caps an incredibly successful year for our ICS business, issuing or refinancing a total of 13 CLOs” said Jimmy Levin, Sculptor’s CIO and Executive Managing Partner  NEW YORK, Dec. 19, 2024 /PRNewswire/ — Sculptor Capital Management, Inc. (“Sculptor” or the “Firm”) today announced the closing of Sculptor CLO XXXIV (SCLO 34), a $408 million collateralized loan… Continue reading Sculptor Closes CLO XXXIV Totaling $408 million

Stanley Black & Decker Announces Release Date for Fourth Quarter and Full Year 2024 Earnings

NEW BRITAIN, Conn., Dec. 19, 2024 /PRNewswire/ — Stanley Black & Decker (NYSE: SWK) will broadcast its fourth quarter and full year 2024 earnings webcast on Wednesday, February 5, 2025. The webcast will begin at 8:00AM ET. A news release outlining the financial results will be distributed before the market opens on Wednesday, February 5, 2025. A… Continue reading Stanley Black & Decker Announces Release Date for Fourth Quarter and Full Year 2024 Earnings

AAR resolves Foreign Corrupt Practices Act investigations with the DOJ and SEC

Forward-looking statements This press release contains certain statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995, which reflect management’s expectations about future conditions, including, but not limited to, funding the payments required pursuant to the resolution of the DOJ and SEC… Continue reading AAR resolves Foreign Corrupt Practices Act investigations with the DOJ and SEC

Hydro One expands transmission ownership in northern Ontario

TORONTO, Dec. 19, 2024 /PRNewswire/ – Hydro One Limited (Hydro One) announced today that its wholly-owned subsidiary, Hydro One Networks Inc., has entered into an agreement to purchase an approximately 48 per cent interest in the East-West Tie Limited Partnership from affiliates of OMERS Infrastructure Management Inc. (OMERS) and Enbridge Transmission Holdings Inc. (Enbridge). The… Continue reading Hydro One expands transmission ownership in northern Ontario

Security First Insurance partners with Embark MGA to enter the New Home Builder insurance channel with the launch of an innovative HO5 Product in Florida

ORLANDO, Fla., Dec. 19, 2024 /PRNewswire/ — Security First Insurance, based in Florida, and Embark MGA, Florida insurance experts, join forces to launch a modern HO5 homeowners’ insurance program designed exclusively for new home builders to have an affordable, turnkey insurance option for home buyers. This innovative homeowners’ insurance solution combines enhanced coverage options tailored… Continue reading Security First Insurance partners with Embark MGA to enter the New Home Builder insurance channel with the launch of an innovative HO5 Product in Florida

Magma Power LLC Secures Milestone 15th Patent, Further Solidifying Plans for $20 Billion Magma-Powered AI Data Center

Magma Power™ is not just a possibility, it’s the inevitable future of renewable energy. The question is no longer if magma power will transform the world—but when. NEW YORK, Dec. 19, 2024 /PRNewswire/ — Magma Power LLC, a global leader in renewable energy innovation, proudly announces the issuance of its 15th U.S. patent, further solidifying… Continue reading Magma Power LLC Secures Milestone 15th Patent, Further Solidifying Plans for $20 Billion Magma-Powered AI Data Center

FirstEnergy Pennsylvania Receives Approval for Infrastructure Improvement Plans

Work to enhance smart grid across Pennsylvania will continue through 2029 GREENSBURG, Pa., Dec. 19, 2024 /PRNewswire/ — FirstEnergy Pennsylvania (FE PA), a subsidiary of FirstEnergy Corp. (NYSE: FE) doing business as Met-Ed, Penn Power, Penelec and West Penn Power, has received approval from the Pennsylvania Public Utility Commission (PaPUC) to implement phase three of… Continue reading FirstEnergy Pennsylvania Receives Approval for Infrastructure Improvement Plans

Toyota wants to make owning an EV more affordable, but where are the choices?

Toyota vows to make owning an EV even more affordable, but with only one model available in the US, it’s not giving buyers many options. After another delay to its upcoming electric SUV, here’s when you can expect to see more Toyota EV models roll out. Toyota aims to make EV ownership more affordable On… Continue reading Toyota wants to make owning an EV more affordable, but where are the choices?

Tesla shares sink 8%, giving up some gains from post-election pop

A Tesla Cybertruck is parked outside of a dealership on November 14, 2024 in Austin, Texas. Brandon Bell | Getty Images Tesla shares sank more than 8% on Wednesday, notching their steepest drop since before Donald Trump’s election victory last month, which sparked a sharp rally in the stock. Tesla closed at $440.13, and is… Continue reading Tesla shares sink 8%, giving up some gains from post-election pop

AI’s in Style: Ulta Beauty Helps Shoppers Virtually Try New Hairstyles

Shoppers pondering a new hairstyle can now try styles before committing to curls or a new color. An AI app by Ulta Beauty, the largest specialty beauty retailer in the U.S., uses selfies to show near-instant, highly realistic previews of desired hairstyles. GLAMlab Hair Try On is a digital experience that lets users take a… Continue reading AI’s in Style: Ulta Beauty Helps Shoppers Virtually Try New Hairstyles