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Private Credit: Medallia’s Looming Default Will Be Widely Dispersed
NEW YORK--(BUSINESS WIRE)--As widely reported and stated by several of the company’s investors, creditors will likely be taking control of Medallia, Inc. following several years of performance headwinds and the sponsor’s decision not to provide additional equity. Although this represents one of the larger term loans in the direct lending market—at nearly $3 billion—we conclude that KBRA-rated vehicles with exposure, as well as the broader direct lending market, are well positioned to absorb any...
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Stensul Names Manlio Carrelli Chief Executive Officer
NEW YORK--(BUSINESS WIRE)--Stensul, the Governed Creation™ platform for enterprise marketing teams, today announced the appointment of Manlio Carrelli as Chief Executive Officer, effective immediately. Carrelli succeeds Noah Dinkin, Stensul's founder, who is stepping down from the CEO role after more than a decade leading the company he founded and built into the leading platform for Governed Creation™ for enterprise marketing. Carrelli joins Stensul at a pivotal moment for the enterprise marke...
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Merck Scientists Publish Landmark Paper on Novel Method for Large-Scale Biocatalytic Synthesis of Investigational Oral PCSK9 Inhibitor, Enlicitide Decanoate
RAHWAY, N.J.--(BUSINESS WIRE)--Merck (NYSE: MRK), known as MSD outside the United States and Canada, announced today the publication of work describing the large-scale synthesis of enlicitide decanoate, the company’s investigational oral PCSK9 inhibitor, using a tailored suite of enzymes in the latest issue of the peer reviewed journal Science. “Macrocyclic peptides have the potential to unlock new opportunities to develop oral treatment options for challenging therapeutic targets and broaden p...
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2026 ESSENCE Festival of Culture® Presented by Coca-Cola® Reveals Night-by-Night Lineup Featuring Babyface, Leon Thomas, Public Enemy and George Clinton & Parliament-Funkadelic with Friends
NEW ORLEANS--(BUSINESS WIRE)--The ESSENCE Festival of Culture® presented by Coca-Cola® returns to New Orleans July 3–5, 2026, unveiling its night-by-night Evening Concert Series lineup with newly announced performances from Babyface and Leon Thomas, joining a cross-generational mix of artists across hip-hop, R&B, soul, and funk at the Caesars Superdome. The announcement builds on previously revealed performers including Cardi B, Latto, Kehlani, Patti LaBelle, Brandy and Monica, Public Enemy...
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InMobi Acquires MobileAction, a Leading AI Platform for iOS growth
SAN FRANCISCO & BENGALURU, India--(BUSINESS WIRE)--InMobi today announced the acquisition of MobileAction to help app developers and marketers maximize visibility and reach new iOS app users....
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Ooma Schedules Release of First Quarter Fiscal 2027 Results
SUNNYVALE, Calif.--(BUSINESS WIRE)--Ooma, Inc. (NYSE: OOMA), a leading provider of communications solutions for businesses and consumers, plans to release its financial results for the first quarter ended April 30, 2026 after the market closes on Tuesday, May 26, 2026. The company will host a conference call and live webcast for analysts and investors at 5:00 p.m., Eastern time on May 26, 2026. The news release with the financial results will be accessible from the company's website prior to th...
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Nordis Technologies Promotes Nicole Miller to President
CORAL SPRINGS, Fla.--(BUSINESS WIRE)--Nordis Technologies, a fast-growing leader in omnichannel customer communications management and payments technology solutions, has named Chief Operating Officer Nicole Miller to the additional role of President. Miller is leading all day-to-day operations as Founder Ronnie Selinger steps back from those responsibilities to dedicate more of his focus to the company vision, strategy and growth as Chief Executive Officer. Miller’s unique blend of operational...
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The New York Times Company Reports First-Quarter 2026 Results
NEW YORK--(BUSINESS WIRE)--The New York Times Company (NYSE: NYT) announced today that its first-quarter 2026 financial results are available on The New York Times Company’s investor relations website at investors.nytco.com. As previously announced, The New York Times Company will host its earnings conference call today at 8:00 a.m. E.T. to discuss these results. A live webcast of the earnings conference call will be available at investors.nytco.com. Participants can pre-register for the teleph...
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MNTN Reports Record First Quarter 2026 Results
NEW YORK--(BUSINESS WIRE)--MNTN (NYSE: MNTN), a technology platform that brings performance marketing to Connected TV, today announced its operational and financial results for the first quarter ended March 31, 2026. MNTN is redefining how brands use television - making TV advertising as measurable, precise, and performance-driven as search and social. MNTN’s software is unlocking television for millions of small to midsized businesses, allowing them to turn Connected TV into a core part of the...
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Trey Rome of Home Tax Solutions Named Entrepreneur Of The Year® 2026 Southwest Finalist by EY US
DALLAS--(BUSINESS WIRE)--TREY ROME, Founder and CEO of Home Tax Solutions, a leading Texas property tax lender, has been named a finalist for the prestigious Entrepreneur Of The Year® 2026 Southwest Award by Ernst & Young LLP. Now in its 41st year, the Entrepreneur Of The Year program recognizes visionary leaders who are driving innovation, accelerating growth and making a lasting impact on their industries and communities. An independent panel of judges selected Trey as one of 44 finalists...