PMT

Building Engines Chooses SharpLaunch as Exclusive Provider of CRE Marketing Functionality for Prism

Retrieved on: 
Wednesday, April 3, 2024

This exclusive partnership between Prism and SharpLaunch represents a significant advancement in commercial real estate technology, empowering property managers to leverage top-tier property management alongside best-in-class CRE marketing tools to maximize Net Operating Income (NOI).

Key Points: 
  • This exclusive partnership between Prism and SharpLaunch represents a significant advancement in commercial real estate technology, empowering property managers to leverage top-tier property management alongside best-in-class CRE marketing tools to maximize Net Operating Income (NOI).
  • “The Building Engines Prism solution is recognized throughout the CRE industry as the leading building operations platform,” said Bob Samii, CEO of SharpLaunch.
  • “We are thrilled that Building Engines chose SharpLaunch to be the sole provider of CRE marketing functionality for Prism.
  • SharpLaunch is committed to helping Building Engines customers unlock new opportunities for growth and differentiation in an increasingly competitive landscape.”
    “Today’s CRE landscape demands marketing solutions that can keep pace with industry trends and deliver measurable results,” stated Daniel Russo, President of JLLT Property Management Technology (PMT).

Intel and Biden-Harris Administration Announce Preliminary Terms for up to $8.5 Billion in Direct Funding Under CHIPS and Science Act

Retrieved on: 
Wednesday, March 20, 2024

The Biden-Harris Administration announced today that Intel and the U.S. Department of Commerce have signed a non-binding preliminary memorandum of terms (PMT) for up to $8.5 billion in direct funding to Intel for commercial semiconductor projects under the CHIPS and Science Act.

Key Points: 
  • The Biden-Harris Administration announced today that Intel and the U.S. Department of Commerce have signed a non-binding preliminary memorandum of terms (PMT) for up to $8.5 billion in direct funding to Intel for commercial semiconductor projects under the CHIPS and Science Act.
  • (Credit: Intel Corporation)
    CHIPS Act funding aims to increase U.S. semiconductor manufacturing and research and development capabilities, especially in leading-edge semiconductors.
  • Intel is the only American company that both designs and manufactures leading-edge logic chips.
  • CHIPS Act proposed funding would support Intel’s investments in Arizona, the Silicon Desert; New Mexico, the Silicon Mesa; Ohio, the Silicon Heartland; and Oregon, the Silicon Forest.

PMA Assurances and PMT ROY unveil their new brand image

Retrieved on: 
Monday, March 18, 2024

PMA Assurances ("PMA") and PMT ROY Assurances et services financiers ("PMT ROY") announce that the combined firms will henceforth be known as Ellipse Assurances.

Key Points: 
  • PMA Assurances ("PMA") and PMT ROY Assurances et services financiers ("PMT ROY") announce that the combined firms will henceforth be known as Ellipse Assurances.
  • "We are very proud to introduce our new name, Ellipse Assurances.
  • Under this banner, our current and future customers will find a diverse product range and, above all, a positive and reassuring insurance purchasing experience," announced Patrice Jean, President of Ellipse Assurances.
  • Ellipse Assurances is the product of the merger announced on December 7, 2023, between PMA and PMT ROY, two pillars of the industry with 94 and 97 years of combined experience, respectively.

COORS LIGHT® CHILLS OUT COLLEGE BASKETBALL FANS WITH ADVENT-INSPIRED COUNTDOWN TO CHILL CALENDAR

Retrieved on: 
Monday, March 11, 2024

CHICAGO, March 11, 2024 /PRNewswire/ -- This March, Coors Light is encouraging fans to choose chill throughout college basketball's biggest unofficial holiday – a heart-pumping, multi-week tournament. A rollercoaster of emotions where their favorite team either advances or busts their bracket.

Key Points: 
  • So to bring an unexpected twist to college basketball's most exciting "holiday season," Coors Light is launching a "Countdown to Chill Calendar," a 21-day advent-inspired calendar with gifts to keep you chill when your bracket inevitably busts, and to prevent your bracket from breaking you.
  • For each day of the tournament, the Countdown to Chill calendar reveals a chill-filled prize for the college basketball fan, including:
    Chill Tea: Tournament emotions are hot.
  • "Coors Light doesn't want a busted bracket to break you, so we're bringing chill through our countdown to chill calendar, inspiring fans to Choose Chill throughout the tournament."
  • In addition to the advent-inspired calendar, Coors Light is offering other chill giveaways to keep college basketball fans cheering, including a consumer sweeps that turns busted brackets into chill prizes, like ESPN+ subscriptions and Coors Light swag, and even custom, limited-edition Coors Light sneakers.

Public Meme Token ($PMT) Conquers Presale Expectations and Eyes Next Major Exchange

Retrieved on: 
Tuesday, February 20, 2024

Prisdorf, Germany, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Public Meme Token is proud to announce that its private and public presale rounds were a massive success, exceeding all expectations.

Key Points: 
  • Prisdorf, Germany, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Public Meme Token is proud to announce that its private and public presale rounds were a massive success, exceeding all expectations.
  • The token price has remained stable at 0.05$, a significant increase from the presale price of 0.02$.
  • The team's marketplace has already seen its first RWA (Real-World-Assets) collection from Rocketbyz go live in just three weeks.
  • The team has revealed that it plans to launch the token on a layer one exchange soon.

KBRA Assigns K1+ Rating to MTA Payroll Mobility Tax (PMT) Bond Anticipation Notes (BANs), Series 2024A and TBTA PMT BANs, Series 2024B; Affirms K1+ Rating on Outstanding TBTA PMT BANs and AA+ Rating and Stable Outlook on TBTA Senior Lien PMT Bonds

Retrieved on: 
Wednesday, March 6, 2024

KBRA assigns short-term ratings of K1+ to the Metropolitan Transportation Authority (MTA) Payroll Mobility Tax (PMT) Bond Anticipation Notes, Series 2024A (Federally Taxable), and the Triborough Bridge and Tunnel Authority (TBTA) PMT Bond Anticipation Notes, Series 2024B.

Key Points: 
  • KBRA assigns short-term ratings of K1+ to the Metropolitan Transportation Authority (MTA) Payroll Mobility Tax (PMT) Bond Anticipation Notes, Series 2024A (Federally Taxable), and the Triborough Bridge and Tunnel Authority (TBTA) PMT Bond Anticipation Notes, Series 2024B.
  • Concurrently, KBRA affirms the K1+ short-term rating on the outstanding TBTA PMT Bond Anticipation Notes, Series 2022B, and affirms the long-term AA+ rating with a Stable Outlook for TBTA Payroll Mobility Tax Senior Lien Bonds.
  • Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above.
  • Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at www.kbra.com .

PennyMac Mortgage Investment Trust Declares First Quarter 2024 Dividends for Its Preferred Shares

Retrieved on: 
Thursday, February 8, 2024

PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees has declared cash dividends for the first quarter of 2024 on its 8.125% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares of Beneficial Interest (NYSE: PMT PRA), its 8.000% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares of Beneficial Interest (NYSE: PMT PRB) and its 6.750% Series C Cumulative Redeemable Preferred Shares of Beneficial Interest (NYSE: PMT PRC).

Key Points: 
  • PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees has declared cash dividends for the first quarter of 2024 on its 8.125% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares of Beneficial Interest (NYSE: PMT PRA), its 8.000% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares of Beneficial Interest (NYSE: PMT PRB) and its 6.750% Series C Cumulative Redeemable Preferred Shares of Beneficial Interest (NYSE: PMT PRC).
  • In accordance with the terms for each preferred series, the dividend information is as follows:

PennyMac Mortgage Investment Trust Reports Fourth Quarter and Full-Year 2023 Results

Retrieved on: 
Thursday, February 1, 2024

PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $42.5 million, or $0.44 per common share on a diluted basis for the fourth quarter of 2023, on net investment income of $84.8 million.

Key Points: 
  • PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $42.5 million, or $0.44 per common share on a diluted basis for the fourth quarter of 2023, on net investment income of $84.8 million.
  • PMT previously announced a cash dividend for the fourth quarter of 2023 of $0.40 per common share of beneficial interest, which was declared on December 6, 2023, and paid on January 26, 2024, to common shareholders of record as of December 29, 2023.
  • “Book value per share net of the dividends was up 2 percent from the prior year end, driven by both PMT’s strong financial performance as well as our unwavering commitment to managing interest rate risk.
  • At the same time, we will remain disciplined in our approach to managing capital and interest rate risk, positioning PMT to continue delivering attractive risk-adjusted returns to its shareholders.”
    The following table presents the contributions of PMT’s segments, consisting of Credit Sensitive Strategies, Interest Rate Sensitive Strategies, Correspondent Production, and Corporate:

Richardson Electronics Reports Second Quarter Fiscal 2024 Results and Declares Quarterly Cash Dividend

Retrieved on: 
Wednesday, January 10, 2024

LAFOX, Ill., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL) today reported financial results for its second quarter ended December 2, 2023. The Company also announced that its Board of Directors declared a $0.06 per share quarterly cash dividend.

Key Points: 
  • LAFOX, Ill., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Richardson Electronics, Ltd. (NASDAQ: RELL) today reported financial results for its second quarter ended December 2, 2023.
  • Gross margin was 28.4% of net sales during the second quarter of fiscal 2024, compared to 33.2% during the second quarter of fiscal 2023.
  • Net loss for the second quarter of fiscal 2024 was $1.8 million compared to net income of $5.5 million in the second quarter of fiscal 2023.
  • Net loss per common share (diluted) was $0.13 in the second quarter of fiscal 2024 compared to earnings per common share (diluted) of $0.39 in the second quarter of fiscal 2023.

KBRA Assigns AA+ Rating, Stable Outlook to TBTA Payroll Mobility Tax Senior Lien Green Bonds, Series 2024A (Climate Bond Certified)

Retrieved on: 
Wednesday, January 10, 2024

KBRA assigns a long-term rating of AA+ with a Stable Outlook to the Triborough Bridge and Tunnel Authority (MTA Bridges and Tunnels) Payroll Mobility Tax Senior Lien Green Bonds, Series 2024A (Climate Bond Certified).

Key Points: 
  • KBRA assigns a long-term rating of AA+ with a Stable Outlook to the Triborough Bridge and Tunnel Authority (MTA Bridges and Tunnels) Payroll Mobility Tax Senior Lien Green Bonds, Series 2024A (Climate Bond Certified).
  • Concurrently, KBRA affirms the long-term rating of AA+ with a Stable Outlook on TBTA's outstanding Payroll Mobility Tax Senior Lien Bonds.
  • The short-term rating of K1+ on TBTA's outstanding Payroll Mobility Tax Bond Anticipation Notes, is also affirmed.
  • Senior lien PMT obligations benefit from a 2.25x ABT based on historical pledged revenues and pro-forma MADS.