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Frontier Announces Amendment to its Revolving Credit Facility May 23, 2024 07:30AM

DALLAS--(BUSINESS WIRE)-- Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier” or the “Company”) today announced the execution of an amendment to its revolving credit facility. The amendment increases the amount of new securitization debt the company may issue and requires that a portion of the proceeds be used to refinance first lien debt.

“This amendment allows us more flexibility to use securitizations to fund our fiber build and to... (continue reading...)


Monro, Inc. Announces Fourth Quarter and Fiscal 2024 Financial Results May 23, 2024 07:30AM
  • Fourth Quarter Comparable Store Sales Increased 0.1% on a Reported Basis
  • Fourth Quarter Gross Margin Expanded 210 Basis Points
  • Generated Cash from Operating Activities of $125 Million during Fiscal 2024
  • Approved First Quarter Fiscal 2025 Cash Dividend of $.28 per Share

ROCHESTER, N.Y.--(BUSINESS WIRE)-- Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, today announced financial results for its fourth... (continue reading...)


MidOcean Partners Provides Structured Capital to Fund the Growth of GridHawk, a Premier Provider of Utility Damage Prevention Services May 23, 2024 07:30AM

Marks the Inaugural Investment from MidOcean’s Structured Capital Solutions Platform

NEW YORK--(BUSINESS WIRE)-- MidOcean Partners (“MidOcean”), a premier New York-based alternative asset manager specializing in middle-market private equity, structured capital, and alternative credit investments, today announced it has made a preferred equity investment in GridHawk Holdings (“GridHawk” or the “Company”), a premier provider of damage prevention... (continue reading...)


Natera Announces New MRD Data in Multiple Tumor Types, to be Presented at ASCO Annual Meeting May 23, 2024 07:30AM

AUSTIN, Texas--(BUSINESS WIRE)-- Natera, Inc. (NASDAQ: NTRA), a global leader in cell-free DNA and genetic testing, today announced that the company, along with its collaborators, will present new data at the 2024 American Society of Clinical Oncology (ASCO) Annual Meeting taking place May 31 – June 4, 2024.

The presentations feature data across a variety of indications, including breast cancer, colorectal cancer (CRC), lung cancer, melanoma, esophageal cancer,... (continue reading...)


Vestis Announces Quarterly Cash Dividend May 23, 2024 07:30AM

ATLANTA--(BUSINESS WIRE)-- Vestis (NYSE: VSTS) today announced that its Board of Directors has approved a quarterly cash dividend of $0.035 per share of common stock. The dividend is payable to shareholders of record at the close of business on June 14, 2024, and is expected to be paid on July 2, 2024. The amount and timing of any future dividend payment is subject to the approval of the Company's Board of Directors.

About Vestis™

Vestis is a leader in the B2B... (continue reading...)


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