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January Recap: 10 Top Finance Press Releases

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A roundup of the most newsworthy financial press releases from PR Newswire, including Frank McCourt’s formal bid for TikTok, a $1B crypto milestone and trending topics for January.

NEW YORK, Feb. 7, 2025 /PRNewswire/ — With thousands of press releases published each month, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the month’s most popular releases and newsworthy trends, here’s a recap of some of the past month’s most read- and engaged-with stories.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

Ahead of January 19 Deadline, Project Liberty Announces a Formal Offer to Acquire TikTok U.S.
Spearheaded by Project Liberty Founder Frank McCourt, The People’s Bid for TikTok aims to relaunch the platform on a new, American-made digital infrastructure. The proposal intends to preserve the platform’s vibrant community, while also giving 170 million American TikTokers the ability to control, protect, and benefit from their data.ADP National Employment Report: Private Sector Employment Increased by 122,000 Jobs in December; Annual Pay was Up 4.6%
“The labor market downshifted to a more modest pace of growth in the final month of 2024, with a slowdown in both hiring and pay gains,” said Nela Richardson, chief economist, ADP. “Health care stood out in the second half of the year, creating more jobs than any other sector.”PCHI Enters into Agreement to Sell Party City® Brand and Related Amscan® Operating Assets to Ad Populum Affiliate to Preserve Legacy in Multibillion Dollar Party Supply Industry
Party City has been a household name in the party supply industry for more than four decades, providing decorations, balloons, and costumes to millions of customers through retail and wholesale channels. This pivotal agreement marks a significant step toward ensuring continuity in the multibillion-dollar party supply industry.Valour Surpasses US$1 Billion in Assets Under Management Valour, a leading issuer of exchange traded products, has surpassed US$1 billion in assets under management for the first time in its history. Valour is part of the asset management business line of DeFi Technologies, a financial technology company that pioneers the convergence of traditional capital markets with the world of decentralized finance.Barry’s Announces New Strategic Investment Partner Princeton Equity Group Boutique fitness leader Barry’s announced a strategic investment from Princeton Equity Group, a private equity firm focused on investing in and growing franchisor and multi-location companies. Currently with 89 studios globally that saw more than seven million visits in 2024, Barry’s has identified a significant pipeline of new locations with strong demand and now plans to open dozens more in the coming years.President Michael P. Lyons to Depart PNC
Michael P. Lyons has left PNC to assume the role of President & CEO-Elect at Fiserv. Lyons joined PNC in 2011 to serve as head of Corporate & Institutional Banking and was named president in 2024.Vault Releases 2025 Rankings of Best Investment Banking Firms to Work For
The rankings were derived from Vault’s Fall 2024 Banking Survey of approximately 2,800 banking professionals. Survey participants were asked to rate their firms in several categories, including compensation, culture, diversity, hours, training, work/life balance, and wellness. Banking professionals were also asked to rate firms other than their own, in terms of prestige.FTX Clarifies Certain Statements by Backpack Regarding Backpack’s Purported Acquisition of FTX EU
After the crypto exchange Backpack issued a press release announcing its acquisition of FTX EU, FTX Trading responded that the Backpack announcement was issued without the knowledge or involvement of FTX, citing numerous potentially confusing statements regarding FTX EU, FTX and the U.S. bankruptcy process. According to FTX, Backpack is not involved in the U.S. Bankruptcy Court-approved process for returning funds to any FTX customers and other creditors.2025 State of Auto Insurance: Rate Increases Are Slowing Down in 2025 Relief may be in sight for American drivers as auto insurers pump the breaks on car insurance rate increases for 2025. While premiums are rising for the 7th straight year, on average, drivers should expect to see smaller increases in comparison to last year’s reported 16.5% rate increase. Calamos to Launch World’s First Downside Protected Bitcoin ETF Suite With New 90% Protection (CBXJ) and 80% Protection (CBTJ) ETFs; Announces Upside Cap Ranges for the Suite
Bitcoin‘s acceptance as an investible asset is growing, yet concerns about its volatility remain,” said Matt Kaufman, Head of ETFs at Calamos. “Our suite of downside protected Bitcoin ETFs will offer a menu of straightforward solutions designed to provide true risk management for this unique asset where investors can select their preferred level of protection and related upside capture based on their specific circumstances.”

For more news like this, check out all of the latest finance-related releases from PR Newswire.

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Trending Topics

Among the finance news that was distributed in January, the PR Newswire team was able spot several larger stories that highlight the trends shaping the industry.

Economic Outlook 2025: Consulting firms reported mixed executive sentiments for 2025. Deloitte found that CFO confidence hit the highest levels in ten quarters, while The Conference Board revealed worries about a trade war and recession will likely keep CEOs up at night. Banking leaders remain optimistic and tech-focused, and dealmakers predict a surge in M&A and financing activity this year. According to Robert Half, job hopping is out as fewer workers plan job changes in 2025.Rebrands: “New Year, New You” is a familiar January phrase so the PR Newswire team wasn’t surprised to see financial institutions refreshing their logos and brand identities. Detroit-based fintech platform Rocket unified the company’s services and will reveal its new look during the company’s return to the Big Game. Transamerica’s new logo features an updated pyramid design to symbolize strength and achievement for the 120-year-old insurance company. RJO, the oldest independent futures brokerage and clearing firm in the United States, introduced a new website and educational content arm, RJO University.Earnings: This quarter’s season kicked off in mid-January and often banks are the first to share financial results. PR Newswire distributed reports from large institutions including KeyBank, Ally, BNY, PNC and Bank of America. Regional banks F.N.B, Berkshire Hills, WesBanco, Huntington and Flagstar also released their latest earnings reports via PR Newswire. Follow all the latest earnings press releases here.

Helping Journalists Stay Up to Date on Industry News

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:

Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.

About PR Newswire

PR Newswire is the industry’s leading press release distribution partner with an unparalleled global reach of more than 440,000 newsrooms, websites, direct feeds, journalists and influencers and is available in more than 170 countries and 40 languages. From our award-winning Content Services offerings, integrated media newsroom and microsite products, Investor Relations suite of services, paid placement and social sharing tools, PR Newswire has a comprehensive catalog of solutions to solve the modern-day challenges PR and communications teams face. For 70 years, PR Newswire has been the preferred destination for brands to share their most important news stories across the world.

For questions, contact the team at media.relations@cision.com.

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Ultra Clean Announces Retirement of the Chief Financial Officer Sheri Savage

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HAYWARD, Calif., April 28, 2026 /PRNewswire/ — Ultra Clean Holdings, Inc. (Nasdaq: UCTT), today announced that Sheri Savage, CFO, will be retiring from the company.

“On behalf of the Board and the entire UCT team, I want to extend my deepest gratitude to Sheri for her remarkable 17 years of leadership and service,” said James Xiao, CEO. “Throughout her tenure, Sheri has played a pivotal role in shaping UCT’s financial strength, operational discipline, and long-term strategic direction. Her steady leadership, deep expertise, and unwavering commitment to excellence have helped guide the company through multiple industry cycles, positioning UCT for the next phase of growth. Sheri has been a trusted partner to me, the Board, and the broader global finance team, and her positive impact on this company will be lasting. We thank her sincerely for her dedication and wish her all the very best in her well-earned retirement.”

“It has been an incredible honor to be part of UCT’s journey over the past 17 years. I am deeply proud of what we have built together – strengthening our financial foundation, supporting our customers, and growing alongside a truly talented and committed global team,” said Sheri. “I am grateful for the trust and support I’ve received from my colleagues, our leadership team, and the Board throughout my tenure. UCT is well positioned for the future, and I look forward to watching the company continue to grow and succeed in the years ahead.”

The Board has initiated a comprehensive search for Sheri’s successor, considering both internal and external candidates, and will provide an update in due course.

About Ultra Clean Holdings, Inc.

Ultra Clean Holdings, Inc. is a leading developer and supplier of critical subsystems, components, parts, and ultra-high purity cleaning and analytical services, primarily for the semiconductor industry. Under its Products division, UCT offers its customers an integrated outsourced solution for major subassemblies, improved design-to-delivery cycle times, design for manufacturability, prototyping, and high-precision manufacturing. Under its Services Division, UCT offers its customers tool chamber parts cleaning and coating, as well as micro-contamination analytical services. Ultra Clean is headquartered in Hayward, California. Additional information is available at www.uct.com.

Contact:

Rhonda Bennetto
SVP Investor Relations
rbennetto@uct.com

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SandboxAQ CEO Jack Hidary at Davos: GPS Jamming and AI Cyber Threats Now Converge

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CEO tells The National that navigation interference and AI vulnerabilities now form a single threat surface for critical systems.

PALO ALTO, Calif., Apr. 28, 2026 /PRNewswire/ — At the World Economic Forum in Davos, Jack Hidary, CEO of SandboxAQ, warned that GPS jamming, GPS spoofing, and AI-enabled cyberattacks are converging into a single operational threat to critical systems. In remarks to The National, Hidary said the threats are no longer separate concerns but overlapping challenges requiring unified resilience.

SandboxAQ addresses both fronts with two technologies: AQNav, which uses the Earth’s magnetic field — the same signal birds and animals navigate by — to deliver resilient positioning, navigation, and timing in GPS-denied environments, and AQtive Guard, which unifies AI security and cryptographic posture management.

GPS interference is shifting from edge case to operational norm:

In June 2025, residents across multiple Middle Eastern countries reported location-service disruptions affecting consumer devices, ships, and aircraft, according to The National.In September 2025, media outlets reported GPS jamming on a flight carrying European Commission President Ursula von der Leyen, attributed to Russian interference.

“Recently, there was a plane flying and because it lost GPS because of jamming, the autopilot would not engage,” Hidary said, citing pilot reports of cascading failures inside aircraft systems. AQNav, tested by the US Air Force and several aviation companies, has drawn interest from Middle Eastern airlines.

Hidary linked GPS disruption to a parallel AI threat: “Large language models are also a vector of cyber attack.” He cited nation-state hackers exploiting generative AI tools, plus the Samsung incident, where engineers entered confidential information into ChatGPT.

The WEF’s 2026 Global Risks Report ranks cyber insecurity #6 among short-term global risks, with adverse outcomes of AI technologies showing the sharpest long-term rise — moving from #30 in the two-year outlook to #5 in the ten-year outlook. The report warns that “technological risks are also anticipated to worsen in severity over the next decade.”

Learn more or request a demo at sandboxaq.com. Read the full Davos coverage in The National.

About SandboxAQ

SandboxAQ is an enterprise company delivering AI solutions at the intersection of machine learning and science. Spun out from Alphabet in 2022, it develops Large Quantitative Models (LQMs) for life sciences, cybersecurity, financial services, navigation, and advanced materials. Visit www.sandboxaq.com to learn more.

 

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Tech-Access Canada Welcomes $165M Federal Investment to Accelerate Commercialisation

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OTTAWA, ON, April 28, 2026 /CNW/ – Tech-Access Canada, the national network of Canada’s Technology Access Centres (TACs), welcomes today’s federal Spring Economic Update, which includes an investment of $165 million over five years to extend support for the College and Community Innovation (CCI) Program.

Delivered through Canada’s tri-council research system and administered by the Natural Sciences and Engineering Research Council of Canada, the CCI Program enables businesses to access applied R&D expertise, specialized facilities, and technical services to advance innovation and bring new technologies to market.

This investment will strengthen Canada’s capacity to support commercialisation and productivity by helping businesses, particularly small and medium-sized enterprises, accelerate the development, validation, and adoption of new products, processes, and technologies.

“Continued support for the CCI Program reinforces a proven model that connects businesses with the expertise and infrastructure they need to innovate and compete,” said Melanie Ross, Research Chair, Green Building Technology Access Centre, Southern Alberta Institute of Technology, and Chair of Tech-Access Canada’s Board of Directors. “Technology Access Centres deliver practical, industry-driven solutions that help companies move ideas forward and translate innovation into real economic outcomes.”

Each year, TACs work with thousands of companies across sectors to advance technologies along the commercialisation pathway from early-stage validation through to deployment and scale-up. By providing objective, non-dilutive support, TACs help companies make informed decisions, avoid costly missteps, and accelerate time-to-market.

“This investment helps ensure that innovation developed in Canada stays in Canada,” said Ken Doyle, Executive Director of Tech-Access Canada. “TACs help companies commercialise here at home reducing risk, accelerating time to market, and driving real outcomes. As Canadian firms scale and export globally, that success returns to the Canadian economy.”

Tech-Access Canada’s network includes more than 70 Technology Access Centres located across the country, providing businesses with access to over 2,100 applied R&D experts, millions of square feet of specialized facilities, and hundreds of millions of dollars in equipment and infrastructure.

About Tech-Access Canada

Tech-Access Canada is the national network of Canada’s Technology Access Centres (TACs), which help businesses access the expertise, facilities, and support they need to advance innovation and bring new products and services to market.

www.MeetTheTACs.ca

SOURCE Tech-Access Canada

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