Professional Services News

SHANGHAI--(BUSINESS WIRE)--China's FMCG market is beginning to recover, but shoppers are continuing to make careful spending decisions as they look for better value in everyday purchases. According to the latest FMCG Market Review from Worldpanel by Numerator, consumer demand remained subdued during the first half of 2026, although performance improved in the second quarter as household spending recovered. Overall FMCG sales were broadly stable during the first six months of the year, declining...

PALO ALTO, Calif.--(BUSINESS WIRE)--Sapient Intelligence launches PRAXIST (Beta) to accelerate a new era of autonomous AI-led research and development....

IRVINE, Calif.--(BUSINESS WIRE)--Silvergate Capital Corporation published today a letter to shareholders from the board of directors. August 27, 2026 Fellow Shareholders, We are writing to you as the new board of directors of Silvergate Capital Corporation (“Silvergate” or the “Company”) (effective March 31, 2026) to give you an update on Silvergate since its last press release on July 1, 2024. Summary of Key Events during the Past Two Years As many of you are already aware, on September 17, 20...

LOS ANGELES--(BUSINESS WIRE)--FRVO Investors Have Opportunity to Join Fervo Energy Company Fraud Investigation with SBS Law...

LOS ANGELES--(BUSINESS WIRE)--KKR Investors Have Opportunity to Join KKR & Co. Inc. Fraud Investigation with SBS Law...

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to 73 classes of mortgage-backed notes from PMT Loan Trust 2026-INV8 (PMTLT 2026-INV8), a prime RMBS transaction sponsored by PennyMac Corp. (PennyMac), an indirect, wholly-owned subsidiary of PennyMac Mortgage Investment Trust (PMT). PMTLT 2026-INV8 comprises 1,036 fixed-rate mortgages (FRMs) with an aggregate principal balance of $403.0 million as of the August 1, 2026 cut-off date. The underlying pool consists of agency-eligible loa...

LOS ANGELES--(BUSINESS WIRE)--FTK Investors Have Opportunity to Lead Flotek Industries, Inc. Securities Fraud Lawsuit with SBS Law...

EL PASO, Texas--(BUSINESS WIRE)--Five organizations from the Las Cruces, New Mexico-El Paso, Texas, area received a combined $63,000 from the Federal Home Loan Bank of Dallas’ (FHLB Dallas) Partnership Grant Program (PGP), part of more than $1.8 million awarded across FHLB Dallas’ five-state region. The West Texas and New Mexico awards were celebrated today in El Paso, Texas, as FHLB Dallas marked the program’s 30th anniversary. The grants were awarded in partnership with WestStar Bank, an FHLB...

NEW YORK--(BUSINESS WIRE)--BitGo Holdings, Inc. (NYSE: BTGO) (“BitGo” or the “Company”), the digital asset infrastructure company, today announced that it has entered into a definitive agreement and completed the acquisition of the institutional trading business and related assets of NYDIG. The transaction expands BitGo’s institutional service offering and allows NYDIG to focus its resources on its vertically integrated power generation, bitcoin mining, and high-performance computing (“HPC”) da...

RADNOR, Pa.--(BUSINESS WIRE)--Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, informs investors that a securities fraud class action lawsuit has been filed against AEVEX Corp. (“Aevex”) (NYSE: AVEX) on behalf of those who purchased or acquired Aevex Class A common stock: (1) between April 17, 2026 and June 4, 2026, inclusive (the “Class Period”); and/or (2) pursuant and/or traceable to the registration statement and related prospect...