BlackRock | Jotup

Vedder Price Represents Special Committee of Independent Directors of BlackRock Capital Investment Corporation in Merger with BlackRock TCP Capital Corp.

Retrieved on:

Tuesday, March 19, 2024

BCIC, BlackRock, Committee, Vedder, Lawsuit, Cryptocurrency

Chicago, IL, March 19, 2024 (GLOBE NEWSWIRE) -- Vedder Price is pleased to announce that it represented the Special Committee of Independent Directors of BlackRock Capital Investment Corporation (“BCIC”) (NASDAQ: BKCC) in the previously announced merger of BCIC with BlackRock TCP Capital Corp., which closed on Monday, March 18, 2024.

Key Points:

Chicago, IL, March 19, 2024 (GLOBE NEWSWIRE) -- Vedder Price is pleased to announce that it represented the Special Committee of Independent Directors of BlackRock Capital Investment Corporation (“BCIC”) (NASDAQ: BKCC) in the previously announced merger of BCIC with BlackRock TCP Capital Corp., which closed on Monday, March 18, 2024.
In connection with the merger, the combined company will continue to trade on the NASDAQ Global Select Market (NASDAQ: TCPC).
BlackRock TCP Capital Corp.’s announcement of the completed merger can be found here: https://www.businesswire.com/news/home/20240318681443/en/BlackRock-TCP-C... .
The Vedder Price team that represented the Special Committee of Independent Directors of BCIC was led by Investment Services Group Shareholders Deborah Bielicke Eades and Bruce A. Rosenblum.

Tenaya Therapeutics Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Business Update

Retrieved on:

Monday, March 18, 2024

SOUTH SAN FRANCISCO, Calif., March 18, 2024 (GLOBE NEWSWIRE) -- Tenaya Therapeutics, Inc. (NASDAQ: TNYA), a clinical-stage biotechnology company with a mission to discover, develop and deliver potentially curative therapies that address the underlying causes of heart disease, today reported financial results for the fourth quarter and full year ended December 31, 2023, and provided a corporate update.

Key Points:

“Tenaya had a successful year of sustained execution in 2023 that meaningfully advanced our portfolio of genetic medicines for heart disease.
Research & Development (R&D) Expenses: R&D expenses were $22.9 million for the fourth quarter and $98.0 million for the full year ended December 31, 2023.
General & Administrative (G&A) Expenses: G&A expenses were $8.6 million for the fourth quarter and $33.2 million for the full year ended December 31, 2023.
Net Loss: Net loss was $29.9 million, or $0.40 per share for the fourth quarter ended December 31, 2023.

Nicox Updates on Corporate, Pipeline and Financing Perspectives and Will Hold a Webcast on March 18, 2024

Retrieved on:

Wednesday, March 13, 2024

“Nicox is focusing its resources on the Denali Phase 3 pivotal trial of its lead asset NCX 470 in glaucoma.

Key Points:

“Nicox is focusing its resources on the Denali Phase 3 pivotal trial of its lead asset NCX 470 in glaucoma.
We are reducing costs, including the size of the organization, and are exploring advancing NCX 1728, through collaborations.
In January 2024, Nicox expanded the territory of the exclusive licensing agreement with Harrow, Inc., to include Canada.
The Company is financed to at least November 2024, based on focusing exclusively on the development of NCX 470.

SMArtX Advisory Solutions Expands Manager Marketplace With 31 New Strategies from Top Asset Managers

Retrieved on:

Thursday, April 4, 2024

Finance, Consulting, Professional Services, Asset Management, Fintech, UMA, BlackRock, ETF

SMArtX Advisory Solutions ("SMArtX"), a leading innovator in unified managed accounts (UMA) technology, announced it has added 31 strategies offered by four leading asset management firms to its rapidly expanding platform.

Key Points:

SMArtX Advisory Solutions ("SMArtX"), a leading innovator in unified managed accounts (UMA) technology, announced it has added 31 strategies offered by four leading asset management firms to its rapidly expanding platform.
The firm’s cutting-edge platform now offers 1,375 strategies from over 300 distinguished asset management firms.
Notably, First Trust Advisors now offers 23 of their equity and fixed-income ETF strategies.
Meanwhile, long-standing partners BlackRock, Lord, Abbett & Co., and OneAscent Investment Solutions collectively added eight strategies.

Gigapower Expanding Fiber Internet to Eatonville, FL

Retrieved on:

Tuesday, April 2, 2024

Technology, Networks, Internet, Telecommunications, Freedom, History, Growth, BlackRock, AT&T, Hope, AT&T Internet

At a time when broadband connectivity has never been more in demand or more critical to our daily lives, Gigapower is expanding its state-of-the-art fiber network to the town that built freedom, Eatonville, Florida.

Key Points:

At a time when broadband connectivity has never been more in demand or more critical to our daily lives, Gigapower is expanding its state-of-the-art fiber network to the town that built freedom, Eatonville, Florida.
Gigapower’s commercial wholesale, open access platform enables internet service providers and other businesses to access its multi-gig fiber network in select metro areas throughout the country.
This is made possible through the Gigapower joint venture between AT&T and BlackRock, through a fund managed by its Diversified Infrastructure business.
Residents can be the first to know when AT&T Fiber becomes available to them area by visiting:

BlackRock to Report First Quarter 2024 Earnings on April 12th

Retrieved on:

Monday, April 1, 2024

Professional Services, Other Professional Services, Finance, Fintech, Consulting, Banking, Accounting, ID, Webcast, Conference, BlackRock, BLK, Broadcasting

BlackRock, Inc. (NYSE: BLK) today announced that it will report first quarter 2024 earnings prior to the opening of the New York Stock Exchange on Friday, April 12, 2024.

Key Points:

BlackRock, Inc. (NYSE: BLK) today announced that it will report first quarter 2024 earnings prior to the opening of the New York Stock Exchange on Friday, April 12, 2024.
ET.
BlackRock’s earnings release and supplemental materials will be available via the investor relations section of www.blackrock.com , before the teleconference call begins.
A live, listen-only webcast will also be available via the investor relations section of www.blackrock.com .

Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions

Retrieved on:

Thursday, March 28, 2024

Banking, Professional Services, Finance, Plan, BHK, FRA, BlackRock, Code, BBN, DSU, EGF, BGT, Fund, BLW

Shareholders should not draw any conclusions about a Fund’s investment performance from the amount of the Fund’s current distributions or from the terms of the Fund’s Plan.

Key Points:

Shareholders should not draw any conclusions about a Fund’s investment performance from the amount of the Fund’s current distributions or from the terms of the Fund’s Plan.
BlackRock Enhanced Government Fund, Inc. (NYSE: EGF), BlackRock Debt Strategies Fund, Inc. (NYSE: DSU), BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE: FRA), BlackRock Floating Rate Income Trust (NYSE: BGT), BlackRock Corporate High Yield Fund, Inc. (NYSE: HYT), BlackRock Credit Allocation Income Trust (NYSE: BTZ), BlackRock Limited Duration Income Trust (NYSE: BLW), BlackRock Core Bond Trust (NYSE: BHK), BlackRock Multi-Sector Income Trust (NYSE: BIT), BlackRock Income Trust, Inc. (NYSE: BKT) and BlackRock Taxable Municipal Bond Trust (NYSE: BBN) have adopted a Plan to support a level monthly distribution of income, capital gains and/or return of capital.
The fixed amounts distributed per share are subject to change at the discretion of each Fund’s Board of Directors/Trustees.
Each Fund’s estimated sources of the distributions paid as of March 28, 2024 and for its current fiscal year are as follows:
Estimated Allocations as of March 28, 2024

Morgan Stanley Wins Three 2024 Technology Awards in Generative AI, Fractional Shares, and Portfolio Risk Management

Retrieved on:

Wednesday, March 27, 2024

Professional Services, Finance, State ownership, Personalization, Emerging technologies, Essential, Spinal muscular atrophies, Risk, Partnership, Data, BlackRock, AI, Separately managed account, Morgan Stanley Wealth Management, Morgan Stanley, Adviser, Russian National Wealth Fund, ETF, Cryptocurrency

Morgan Stanley (NYSE: MS) announced today that it has won three 2024 Celent Model Awards recognizing the Firm’s innovative use of technology.

Key Points:

Morgan Stanley (NYSE: MS) announced today that it has won three 2024 Celent Model Awards recognizing the Firm’s innovative use of technology.
“Being recognized by Celent for innovation in three categories is a true honor,” said Jed Finn, Head of Morgan Stanley Wealth Management.
Celent’s Model Risk Manager award category recognizes best practices use of technology in financial risk management, operational risk management, cross risk, and financial crime.
Morgan Stanley’s Portfolio Risk Platform and the risk analytics integrated into their proprietary platform applications help its Financial Advisors leverage dynamic risk insights across thousands of risk factors.

Greenlane Announces 280-mile Corridor of Commercial EV Charging Stations from Los Angeles to Las Vegas

Retrieved on:

Wednesday, March 27, 2024

The new charging corridor along Interstate 15 aims to accelerate the rollout of carbon-neutral freight transportation with initial charging locations in Colton, Barstow and Baker, California.

Key Points:

The new charging corridor along Interstate 15 aims to accelerate the rollout of carbon-neutral freight transportation with initial charging locations in Colton, Barstow and Baker, California.
Over the next year, further locations will be added along the corridor, extending beyond Southern Nevada and to San Pedro in California.
More 200 kW DCFC charging options onsite will enable long-duration and overnight charging for heavy-duty tractors, medium-duty ZEVs and school buses.
Greenlane aims to develop a nationwide network of commercial charging infrastructure locations across the U.S.

Q2 Expands Executive Leadership Team with Promotion of Katharine Briggs to Chief Product Officer

Retrieved on:

Wednesday, March 27, 2024

Professional Services, Technology, Finance, Software, Fintech, Banking, CPO, Certified Public Accountant, Customer success, Wells Fargo, Empowerment, PwC, BlackRock, Engineering, Small business, Management

Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, today announced that Katharine Briggs has been promoted to the newly created role of Chief Product Officer (CPO) and will become a member of Q2’s executive leadership team.

Key Points:

Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, today announced that Katharine Briggs has been promoted to the newly created role of Chief Product Officer (CPO) and will become a member of Q2’s executive leadership team.
“We are very excited to welcome Katharine to the executive leadership team as our new Chief Product Officer,” said Q2 President Kirk Coleman.
Before joining Q2, Briggs was Chief Operating Officer of a Blackstone-owned specialty finance company, responsible for launching new products.
As Chief Product Officer, I’m eager to continue our nearly twenty-year focus on innovation and outcomes so that Q2 remains the leader in digital transformation.”