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American Realty Investors, Inc. Reports Earnings for Quarter Ended September 30, 2024

Lastest from Businesswire - Thu, 11/07/2024 - 18:04
DALLAS--(BUSINESS WIRE)--American Realty Investors, Inc. (NYSE:ARL) is reporting its results of operations for the three months ended September 30, 2024. For the three months ended September 30, 2024, we reported net income attributable to common shares of $17.5 million or $1.08 per diluted share, compared to net income attributable to common shares of $3.0 million or $0.18 per diluted share for the same period in 2023. Financial Highlights Total occupancy was 79% at September 30, 2024, which i

Income Opportunity Realty Investors, Inc. Reports Earnings for Quarter Ended September 30, 2024

Lastest from Businesswire - Thu, 11/07/2024 - 18:04
DALLAS--(BUSINESS WIRE)--Income Opportunity Realty Investors, Inc. (NYSE American:IOR) is reporting its results of operations for the quarter ended September 30, 2024. For the three months ended September 30, 2024, we reported net income attributable to common shares of $1.2 million or $0.29 per diluted share compared to a net income of $1.6 million or $0.39 per share for the same period in 2023. Our decrease in net income is attributable to a decrease in interest income offset in part by a dec

PROG Holdings, Inc. Declares Dividend

Lastest from Businesswire - Thu, 11/07/2024 - 18:04
SALT LAKE CITY--(BUSINESS WIRE)--PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Vive Financial, Four Technologies, and Build, announced today its Board of Directors declared a quarterly cash dividend of $0.12 per share of common stock, payable on December 3, 2024, to shareholders of record as of the close of business on November 19, 2024. About PROG Holdings, Inc. PROG Holdings, Inc. (NYSE:PRG) is a fintech holding company headquartered in Salt Lake City, U

Wells Fargo Bank Decreases Prime Rate to 7.75 Percent

Lastest from Businesswire - Thu, 11/07/2024 - 18:04
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo Bank, N.A., said today it is decreasing its prime rate to 7.75 percent from 8.00 percent, effective tomorrow, Nov. 8, 2024. About Wells Fargo Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consume

Ellington Credit Declares Monthly Common Dividend

Lastest from Businesswire - Thu, 11/07/2024 - 18:04
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) (the "Company") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on December 26, 2024 to shareholders of record as of November 29, 2024. Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forwa

Ellington Financial Declares Monthly Common Dividend

Lastest from Businesswire - Thu, 11/07/2024 - 18:04
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced that its Board of Directors has declared a monthly dividend of $0.13 per share of common stock, payable on December 26, 2024 to stockholders of record as of November 29, 2024. Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 19

Intercontinental Exchange CFO Warren Gardiner to Present at the J.P. Morgan Ultimate Services Investor Conference on November 14

Lastest from Businesswire - Thu, 11/07/2024 - 18:04
ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, announced today that Warren Gardiner, CFO, will present at the J.P. Morgan Ultimate Services Investor Conference. The presentation will take place on Thursday, November 14 at 10:10 a.m. ET. The presentation will be available live and in replay via webcast and can be accessed in the investor relations and media section of ICE’s website at http://ir.theice.com. About

Victory Capital Reports Strong Third Quarter Results and Record Earnings Per Share

Lastest from Businesswire - Thu, 11/07/2024 - 18:04
SAN ANTONIO--(BUSINESS WIRE)---- $VCTR--Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital” or “the Company”) today reported financial results for the quarter ended September 30, 2024. “During the third quarter, we made excellent progress toward closing the Amundi transaction,” said David Brown, Chairman and Chief Executive Officer. “We reached a formal agreement early in the quarter and, in October, our shareholders approved all proxy proposals on the ballot at our Special Meeting of Stockh

CBL Properties Accelerates Payment of Previously Declared Fourth Quarter Common Stock Dividend

Lastest from Businesswire - Thu, 11/07/2024 - 18:04
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE:CBL) today announced that its Board of Directors had approved an accelerated record and payment date for the cash dividend of $0.40 per common share for the quarter ending December 31, 2024, previously declared on October 14, 2024. The dividend, which equates to an annual dividend payment of $1.60 per common share, is now payable on December 11, 2024, to shareholders of record as of November 25, 2024. About CBL Properties Headquartered i

Susan Panuccio to Depart News Corp in 2025, with Lavanya Chandrashekar Joining the Company as New Chief Financial Officer

Lastest from Businesswire - Thu, 11/07/2024 - 18:04
NEW YORK--(BUSINESS WIRE)--News Corp (NASDAQ: NWS, NWSA; ASX: NWS; NWSLV) announced today that Susan Panuccio will step down from her role as Chief Financial Officer on January 1, 2025, and will be succeeded by Lavanya Chandrashekar. Ms. Panuccio will continue in an advisory capacity for six months to help ensure a smooth transition and to support Ms. Chandrashekar. Ms. Panuccio has been a key leader during a period of rapid expansion and transformation for News Corp since becoming Chief Financ

Marcus & Millichap’s IPA Capital Markets Arranges $63 Million Multifamily Refinance in Greater Austin

Lastest from Businesswire - Thu, 11/07/2024 - 18:04
CEDAR PARK, Texas--(BUSINESS WIRE)--IPA Capital Markets, a division of Marcus & Millichap (NYSE:MMI), specializing in capital markets services for major private and institutional clients has secured a $63 million loan for the refinance of Muir Lake Apartments, located on Avery Ranch Boulevard in the Austin suburb of Cedar Park, Texas. Built in 2014, the property features 332 garden-style units spread across 46 acres. The New York-based IPA Capital Markets team of Marko Kazanjian, Max Herzog

News Corporation Reports First Quarter Results for Fiscal 2025

Lastest from Businesswire - Thu, 11/07/2024 - 18:04
NEW YORK--(BUSINESS WIRE)--News Corporation (“News Corp” or the “Company”) (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) today reported financial results for the three months ended September 30, 2024. Commenting on the results, Chief Executive Robert Thomson said: “We have begun Fiscal 2025 robustly, with record first quarter revenue, strong net income and record first quarter profitability. Revenue rose 3 percent year-over-year to $2.58 billion, while our net income jumped 148 percent to $144 million.

TechnipFMC to Speak at BofA Securities Global Energy Conference 2024

Lastest from Businesswire - Thu, 11/07/2024 - 18:04
NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) announced today that Doug Pferdehirt, Chair and Chief Executive Officer, will speak at the BofA Securities Global Energy Conference on Wednesday, November 13, 2024, at 8:50 a.m. CT in Houston, TX. The live webcast will be available at the time of the event and can be accessed at the Investor Relations website. There will be no presentation materials associated with the event. An audio replay of the webcast will be available on this we

Velocity Financial, Inc. Reports Third Quarter 2024 Results

Lastest from Businesswire - Thu, 11/07/2024 - 18:04
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE: VEL) (Velocity or the Company), a leader in business purpose loans, reported net income of $15.8 million and core net income of $16.9 million for 3Q24, compared to net income of $12.1 million and core net income of $12.9 million for 3Q23. Earnings and core earnings per diluted share were $0.44 and $0.47, respectively, for 3Q24, compared to $0.35 and $0.37 for 3Q23. “Velocity continued to expand on this year’s considerabl

Horizon Technology Finance Provides $10 Million Venture Loan Facility to Ursa Space Systems

Lastest from Businesswire - Thu, 11/07/2024 - 18:04
FARMINGTON, Conn.--(BUSINESS WIRE)--Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon” or the “Company”), an affiliate of Monroe Capital, and a leading specialty finance company that provides capital in the form of secured loans to venture capital-backed companies in the technology, life science, healthcare information and services, and sustainability industries, today announced it has provided a $10 million venture loan facility to Ursa Space Systems Inc. (“Ursa Space”). Ursa Spa

Globalstar Announces Third Quarter 2024 Financial Results

Lastest from Businesswire - Thu, 11/07/2024 - 18:04
COVINGTON, La.--(BUSINESS WIRE)--GLOBALSTAR ANNOUNCES THIRD QUARTER 2024 FINANCIAL RESULTS

Everest Group Announces Increase to Share Repurchase Authorization and Announces Dividend

Lastest from Businesswire - Thu, 11/07/2024 - 18:04
HAMILTON, Bermuda--(BUSINESS WIRE)--Everest Group, Ltd. announced that its Board of Directors approved an increase of 10 million shares in its share repurchase authorization. In addition, the Company announced that its Board of Directors declared a dividend of $2.00 per common share. This dividend will be payable on or before December 13, 2024 to all shareholders of record as of November 27, 2024. About Everest Everest Group, Ltd. (Everest) is a global underwriting leader providing best-in-clas

MBIA Inc. Reports Third Quarter 2024 Financial Results

Lastest from Businesswire - Thu, 11/07/2024 - 18:04
PURCHASE, N.Y.--(BUSINESS WIRE)--MBIA Inc. (NYSE:MBI) today posted its third quarter 2024 financial results on its website at https://investor.mbia.com/investor-relations/financial-information/default.aspx. The financial results will also be furnished to the Securities and Exchange Commission (SEC) on a Current Report on Form 8-K available at sec.gov. As previously announced, the Company will host a webcast and conference call for investors tomorrow, Friday, November 8, at 8:00 a.m. (ET) to dis

Brighthouse Financial Announces Third Quarter 2024 Results

Lastest from Businesswire - Thu, 11/07/2024 - 18:04
CHARLOTTE, N.C.--(BUSINESS WIRE)--Brighthouse Financial, Inc. ("Brighthouse Financial" or the "company") (Nasdaq: BHF) announced today its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Results The company reported net income available to shareholders of $150 million in the third quarter of 2024, or $2.47 per diluted share, compared with net income available to shareholders of $453 million in the third quarter of 2023. The company anticipates volatility in

Eagle Point Institutional Income Fund Announces Upcoming Preferred Share Distributions

Lastest from Businesswire - Thu, 11/07/2024 - 18:04
GREENWICH, Conn.--(BUSINESS WIRE)--Eagle Point Institutional Income Fund (the “Fund”) is pleased to announce the declaration of distributions on shares of the Fund’s 8.125% Series A Term Preferred Shares due 2029 (the “Preferred Shares”). The Preferred Shares trade on the New York Stock Exchange (NYSE: EIIA). To date, the Fund has declared the following distributions per Preferred Share: Amount per Preferred Share Record Date Payable Date $0.242622 11/12/2024 11/29/2024 $0.169271 12/11/2024 12/

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