12:46 PM EDT, 05/28/2024 (MT Newswires) -- Creative Realities ( CREX ) said Tuesday it paid off $13.6 million owed to lender Slipstream Communications after executing a new $22.1 million secured revolving credit facility with First Merchants' ( FRME ) retail bank unit. The new revolving loan facility matures in May 2027 and also includes a $5 million accordion feature,...

Sea Limited ( SE ) shares are trading down Tuesday after one of its subsidiaries was accused of suspected anti-competition breaches in Indonesia. The Details: E-commerce platform Shopee, which is owned by Sea Limited ( SE ), was accused of violating anti-competition rules on Tuesday by Indonesia’s antitrust agency, per Reuters. The agency known as KPPU stated that the local...

Elbit Systems Ltd. ( ESLT ) reported first-quarter FY24 revenue of $1.554 billion, beating the consensus of $1.463 billion. Segment revenues: Aerospace $422.0 million (broadly flat Y/Y), C4I and Cyber $197.0 million (+12% Y/Y), ISTAR and EW $346.1 million (+17% Y/Y), Land $380.1 million (+26% Y/Y) and Elbit Systems ( ESLT ) of America (ESA) $344.1 million (roughly flat Y/Y). Adjusted gross margin...

May 28 (Reuters) - Canadian Imperial Bank of Commerce ( CM ) has hired Brad Aston, a veteran of nearly two decades at Barclays ( JJCTF ), as the global head of leveraged finance in its capital markets unit, according to a memo seen by Reuters on Tuesday. The appointment underscores the lender's focus on its leveraged finance business in...