Sky-Hero S.A Has Been Acquired By Axon Enterprise, Inc.

The Federal Reserve Open Market Committee (FOMC) released their decision on the federal funds rate earlier today at the July meeting raising the range by 25bps to 5.25-5.50%.

Freshcut Foods A Portfolio Company Of Perwyn Has Been Acquired By Flywheel Parters

The Labor Department reported that <strong>initial jobless claims</strong> decreased last week to its lowest level in two months. The low level of jobless claims reflect a resilient labor market as businesses hold onto employees. Claims in regular state programs fell 9,000 to 228,000 from the prior week’s reported 237,000 for the week ending July 15th. The four-week moving average fell to 237,500 from 246,750 the prior week. Continuing claims, which include people who have received unemployment benefits for a week or more, climbed 33,000 to 1.754 million for the week ending July 8th.

Stephens, an independent financial services firm, has added specialty finance-focused senior bankers Lawrence Guthrie and Yashin Mody to its London-based team. Guthrie and Mody, who arrived from Houlihan Lokey, have joined Stephens as a Managing Director and Director, respectively.

The portfolio purchased by Ares has an aggregate commitment amount of $3.54 billion, including an outstanding principal balance of $2.21 billion, PacWest said in the filing.

Bunge's planned acquisition of Viterra would make the world's biggest oilseed crusher even more dominant and secure a larger role in the expanding renewable diesel industry, although it may face competition hurdles.

<strong>Stephens Capital Management</strong> has been hired by the $10.4 billion Arkansas Public Employees Retirement System to serve as its first ever private equity consultant.

America's Car-Mart has reported five consecutive quarters of declining profits. But<strong> Stephens Inc. analyst Vincent Caintic</strong> said the company's said the company's performance is much better than it looks on paper.

Stephens Insurance, LLC, an affiliate of Stephens Inc., has hired <strong>Chris Bettina </strong>as a senior vice president within the property and casualty practice.