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Truist appoints new leadership for Truist Wealth and Premier teams in Texas
Prnewswire· 2025-10-07 12:03
Core Insights - Truist Financial Corporation has announced new leadership appointments in its Truist Wealth and Premier teams in Texas, emphasizing its commitment to enhancing wealth management services for affluent clients [2][4][7] Leadership Appointments - Joe Levi has been appointed as the North Texas Regional Managing Director, bringing over 25 years of wealth management experience, previously serving in Nashville [2][3] - Erik Carrington has been named the Houston and Central Texas Regional Managing Director, with 30 years of experience in banking and investment management, having held key roles at Morgan Stanley and UBS [3][4] - Ryan Thompson has been appointed as the Premier Region Director, overseeing Premier Banking teams across Texas, with nearly 15 years of banking experience [5][6] Strategic Focus - The new leadership will work closely with Troy Schiermeyer to provide comprehensive wealth management solutions to high- and ultra-high-net-worth clients [4] - Truist aims to deliver a holistic and collaborative wealth management experience, focusing on building strong client relationships [4][6] Investment Plans - Truist has announced significant investments over the next five years to enhance its presence in key markets like Dallas and Austin, which includes building new branches and hiring additional Premier advisors [7][9]
Cardinal Energy Ltd. Hosts Reford SAGD Project Ribbon Cutting Ceremony with Saskatchewan Premier Scott Moe
Newsfile· 2025-10-06 21:36
Core Viewpoint - Cardinal Energy Ltd. has inaugurated its Reford Steam-Assisted Gravity Drainage (SAGD) oil project in Saskatchewan, marking a significant milestone for the company and the province [1][4]. Company Developments - The Reford SAGD project has a production capacity of 6,000 barrels per day (bbl/d) and is expected to generate long-term benefits, including job creation and increased economic activity in the local community [3][5]. - The project is anticipated to provide decades of predictable royalty revenue for the Province of Saskatchewan, enhancing the province's economic stability [3][7]. Industry Impact - Premier Scott Moe emphasized that investments like the Reford project strengthen Saskatchewan's economy and support the goal of producing 600,000 barrels of oil per day by 2030 [4][5]. - The project is seen as a demonstration of the leadership of western Canadian companies in the energy sector, reinforcing Saskatchewan's position as a reliable source of sustainably produced energy [4][5]. Future Outlook - Cardinal Energy's Chairman & CEO, Scott Ratushny, expressed optimism about the project, highlighting its potential to improve production, cash flow, and corporate break-even costs, while also providing insulation against volatile oil prices [5][7]. - The company plans to advance additional thermal projects in Saskatchewan as market conditions allow, further enhancing its long-term outlook [5][7].
Xiao-I Corporation Renews Strategic Partnership with Premier Automotive Manufacturer, Marking Decade-Long Collaboration in AI-Driven Customer Experience
Prnewswire· 2025-09-29 13:30
Core Insights - Xiao-I Corporation has renewed its strategic partnership with a leading multinational automotive manufacturer, extending a collaboration that began in 2015, highlighting a decade of innovation in cognitive intelligence technologies [1] - The renewed agreement aims to optimize the client's customer service ecosystem through Xiao-I's flagship solutions, enhancing customer engagement and operational excellence [1][3] Company Overview - Xiao-I Corporation is a prominent cognitive intelligence enterprise in China, specializing in artificial intelligence solutions, including natural language processing, voice and image recognition, machine learning, and affective computing [4] - Since its establishment in 2001, the company has developed a comprehensive portfolio of cognitive intelligence technologies applicable to various business cases, promoting industrial digitization and intelligent transformation [4] Key Outcomes of the Solutions - The cognitive intelligence platform has evolved to meet the automotive manufacturer's needs, incorporating advancements in natural language processing, machine learning, and multimodal interaction capabilities [3] - The deployment of 24/7 AI-powered assistance across multiple channels ensures consistent and instant responses to customer inquiries [6] - Enhanced technical support through AI-augmented tools for field technicians improves resolution time and first-visit fix rates [6] - Intelligent virtual assistants facilitate personalized product recommendations and promotional campaign management, boosting conversion rates and customer satisfaction [6] - Automation of routine queries has significantly reduced operational costs, allowing human agents to focus on complex problem-solving [6]
Walker & Dunlop Arranges $110 Million Refinance of Two Premier Multifamily Properties in Loveland, CO and Durham, NC
Businesswire· 2025-09-23 22:00
Core Insights - Walker & Dunlop, Inc. has successfully arranged $110 million to refinance two premier properties [1] Group 1: Financial Transactions - The refinancing involves Plat 4 at Research Triangle in Durham, North Carolina, and Plat 10 at the Ranch in Loveland, Colorado [1] - Both transactions were structured as floating rate, interest-only bridge loans [1] - The loans were secured on behalf of Buckingham Companies [1] Group 2: Leadership and Team - The New York Capital Markets team at Walker & Dunlop is led by Sean Reimer, Aaron Appel, Jonathan Schwartz, and Keith Kurland [1]
$HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Premier, Inc. (NASDAQ: PINC)
Prnewswire· 2025-09-23 21:30
Core Insights - Class Action Attorney Juan Monteverde and his firm, Monteverde & Associates PC, are investigating Premier, Inc. regarding its proposed sale to an affiliate of Patient Square Capital, where shareholders would receive $28.25 in cash per share [1]. Group 1: Company Overview - Monteverde & Associates PC is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report and has a successful track record in recovering millions for shareholders [1]. - The firm operates from the Empire State Building in New York City and specializes in national class action securities litigation [2]. Group 2: Legal Investigation - The investigation focuses on whether the proposed transaction for Premier, Inc. represents a fair deal for shareholders [1]. - The firm encourages shareholders with concerns to reach out for additional information at no cost [2].
SL Green Expands Premier Portfolio With 1552-1560 Broadway Assets
ZACKS· 2025-09-23 15:01
Core Insights - SL Green (SLG) and its joint venture partner have acquired $219.5 million in debt claims on properties at 1552 and 1560 Broadway for $63 million, including $26.4 million in accrued and unpaid interest [1][8] - The acquisition resets the basis for the joint venture under favorable terms, and a long-term ground lease has been finalized for 1560 Broadway, extending through 2074 [2][8] - 1552 Broadway is currently leased to a retailer on an interim basis while a long-term credit tenant is sought [2][8] Company Positioning - The addition of these assets enhances SLG's high-quality portfolio, positioning the company for growth amid solid demand for premier office spaces [4] - SLG has signed Manhattan office leases totaling 1.3 million square feet since the beginning of the year, indicating a healthy leasing activity [5] - The company is well-positioned to boost top-line growth and navigate challenging environments due to an encouraging office leasing pipeline [5] Market Performance - SLG shares have increased by 9.4% over the past month, contrasting with a 1% decline in the broader industry [5] - Analysts have revised the Zacks Consensus Estimate for SLG's 2025 funds from operations per share upward by 10.1% to $6.21 over the past two months, reflecting bullish sentiment [6]
Strength Seen in Premier (PINC): Can Its 9.7% Jump Turn into More Strength?
ZACKS· 2025-09-23 13:46
Group 1: Company Overview - Premier, Inc. (PINC) shares increased by 9.7% to $28.25, with a notable trading volume, contrasting with a 2.4% gain over the past four weeks [1] - Premier has entered a definitive agreement to be acquired by Patient Square Capital, with stockholders set to receive $28.25 per share, reflecting a 23.8% premium to the 60-day volume-weighted average price as of September 5, 2025 [2] Group 2: Financial Performance Expectations - The upcoming quarterly earnings for Premier are projected at $0.28 per share, indicating a year-over-year decline of 17.7%, with revenues expected to be $239.23 million, down 3.6% from the previous year [3] - The consensus EPS estimate for Premier has been revised down by 10.4% over the last 30 days, suggesting a negative trend in earnings estimate revisions, which typically does not lead to price appreciation [4] Group 3: Industry Context - Premier operates within the Zacks Medical Services industry, where another company, Ascend Wellness Holdings, Inc. (AAWH), saw a 6.1% decline in its stock price, with a return of -8.6% over the past month [4] - Ascend Wellness Holdings' consensus EPS estimate has decreased by 15.4% over the past month to -$0.1, representing a year-over-year change of +23.1%, and it currently holds a Zacks Rank of 4 (Sell) [5]
PROS Holdings, MBX Biosciences, Metsera, Anywhere Real Estate And Other Big Stocks Moving Higher On Monday - Diginex (NASDAQ:DGNX), Banco BBVA Argentina (NYSE:BBAR)
Benzinga· 2025-09-22 14:29
Group 1 - U.S. stocks showed mixed performance, with the Dow Jones index declining over 100 points on Monday [1] - PROS Holdings, Inc. shares surged 40% to $22.97 following the announcement of its acquisition by Thoma Bravo [1] - MBX Biosciences, Inc. saw a significant increase of 144% to $24.40 after its once-weekly Canvuparatide met primary endpoints in a Phase 2 trial [3] - Metsera, Inc. gained 62.8% to $54.25 amid reports of a near acquisition deal with Pfizer [3] - Anywhere Real Estate Inc. experienced a 57% rise to $11.13 due to a combination announcement with Compass in an all-stock transaction [3] - The ODP Corporation's shares increased by 33.6% to $27.82 after announcing a definitive agreement to be acquired by an affiliate of Atlas Holdings [3] - Banco BBVA Argentina S.A. shares rose 17.7% to $9.64 following U.S. Treasury Secretary Bessent's statement of support for Argentina [3] - Grupo Supervielle S.A. also saw a 16% increase to $5.83 under similar circumstances regarding U.S. support for Argentina [3] - Lumen Technologies, Inc. rose 12.5% to $6.43 after announcing significant progress in building infrastructure for the AI economy [3] - IREN Limited gained 10.7% to $42.88 after doubling its AI Cloud capacity to 23,000 GPUs [3]
Shareholder Alert: The Ademi Firm investigates whether Premier Inc. is obtaining a Fair Price for its Public Shareholders
Prnewswire· 2025-09-22 14:00
MILWAUKEE , Sept. 22, 2025 /PRNewswire/ -- The Ademi Firm is investigating Premier (Nasdaq: PINC) for possible breaches of fiduciary duty and other violations of law in its transaction with Patient Square Capital. ...
Premier Set For Private Ownership, Eyes Growth Push
Yahoo Finance· 2025-09-22 13:11
Premier Inc. (NASDAQ:PINC) said Monday it will be acquired by an affiliate of Patient Square Capital in a deal valued at $28.25 per share in cash. The agreement, unanimously approved by Premier’s board, gives shareholders a 23.8% premium to the company’s 60-day average closing price as of Sept. 5, 2025. Board chair Richard Statuto said the sale will provide “immediate and certain value” to investors while giving the company more capital to expand services during a pivotal moment in U.S. health care. Also ...