First Eagle Investment Management

Tesla | July 06, 2020

Shares of Tesla Inc. charged higher to a fourth-straight record close Monday, after even the most bearish analyst on Wall Street analyst lifted his price target following the electric vehicle maker’s blowout deliveries results. Tesla rival Nio Inc.’s stock NIO, +22.70% also soared, in the wake of the China-based EV maker’s upbeat June sales report. Meanwhile, among other EV makers, shares of Workhorse Group Inc. WKHS, -15.78% pulled back after a record 11-day win streak and Nik...

Cision PR Newswire | August 04, 2020

CI Financial Corp. ("CI") (TSX: CIX) and Balasa Dinverno Foltz LLC ("BDF") of Itasca, Illinois, announced an agreement today under which CI will acquire full ownership of BDF, a private wealth management firm with US$4.5 billion in assets. BDF's excellence has been recognized through its inclusion on the prestigious Barron's magazine list of America's Top 50 registered investment advisor (RIA) firms for 2019. Through offices in the Chicago region, the BDF team of ...

CORE BANKING, FINTECH

Businesswire | April 13, 2023

Wise, the global technology company building the best way to move money around the world, and Bluevine, the leading provider of small business banking solutions, today announced a partnership that leverages the power of Wise Platform to make international payments more convenient, simple and transparent for Bluevine’s customers in its all-in-one digital banking account. Research found that 75% of SMBs are dissatisfied with cross-border payment solutions because fees are no...

Great Rock Capital | July 21, 2020

Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced the close of a $20 million senior secured credit facility with Horsburgh & Scott, a manufacturer of mission critical, custom engineered gears and gearboxes utilized in heavy industrial machinery. The capital provides Horsburgh & Scott with additional liquidity to support their growing platform. The tailored facility includes a traditional term loan, as well as a revolver...