Kestra Financial

EVO Payments | April 01, 2020

US merchant acquirer EVO Payments has secured a $150 million equity injection to help it navigate through the Coronavirus pandemic. The investment came from funds associated with long-term partner Madison Dearborn, a private equity firm that has been a significant shareholder of the company since 2012. The proceeds will be used the strengthen EVO's balance sheet, pay down debt and to fund potential future investment opportunities. In a statement, the firm says: "EVO is closely monitorin...

FINTECH

Exadel | June 23, 2022

Exadel, a leading software consultancy firm with a global footprint, announced that it has acquired fintech company CPQi, whose offerings include transformational services for companies around the world. I am delighted to welcome CPQi to the Exadel family. This new partnership brings an extensive range of FinTech capabilities as well as advanced technology expertise in the areas of robotics process automation, predictive technology, and cloud services that ad...

FINANCIAL MANAGEMENT,FINTECH

Intrinio | September 16, 2022

Intrinio is proud to announce their partnership with CFRA, a leading provider of independent research and analysis. Intrinio is pleased to undergo a new partnership with CFRA, an independent research firm that provides financial analysis and data for the global investment community. The partnership will allow Intrinio users to access CFRA’s rigorous standardization methodology, which has been used to provide industry-leading ETF expertise since 2002. The new c...

IBM | January 22, 2020

The S&P 500 and the Nasdaq hit record highs on Wednesday as a strong forecast from IBM added to optimism over earnings, while investors assessed risks from a virus outbreak in China. International Business Machines Corp shares jumped 3.5% after the company forecast full-year profit above market expectations on strength in its high-margin cloud computing business. Technology stocks, which have played a pivotal role in Wall Street’s recent record run, rose 0.8%, with chip stocks gaining ...