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Global Water Resources Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, March 7, 2024

PHOENIX, March 06, 2024 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), a pure-play water resource management company, reported results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • PHOENIX, March 06, 2024 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), a pure-play water resource management company, reported results for the fourth quarter and full year ended December 31, 2023.
  • Water consumption increased 19.4% to 0.90 billion gallons in the fourth quarter of 2023.
  • Recycled water volume increased 12.6% to 818 million gallons in the fourth quarter of 2023.
  • Global Water Resources will hold a conference call tomorrow to discuss its fourth quarter and full year 2023 results, including a question-and-answer period.

KraneShares China Internet & Covered Call ETF (Ticker: KLIP) Announces February Distribution, Delivering a Current Distribution Rate of 47.41%

Retrieved on: 
Wednesday, February 28, 2024

NEW YORK, Feb. 28, 2024 (GLOBE NEWSWIRE) -- KraneShares, a leading global ETF provider specializing in China, climate, and uncorrelated assets, today announced a monthly distribution for the KraneShares China Internet & Covered Call Strategy ETF (Ticker: KLIP) in the amount of $0.616754 per share, representing a Monthly Distribution* of 4.06% and a current Distribution Rate** of 47.41%.

Key Points: 
  • NEW YORK, Feb. 28, 2024 (GLOBE NEWSWIRE) -- KraneShares, a leading global ETF provider specializing in China, climate, and uncorrelated assets, today announced a monthly distribution for the KraneShares China Internet & Covered Call Strategy ETF (Ticker: KLIP) in the amount of $0.616754 per share, representing a Monthly Distribution* of 4.06% and a current Distribution Rate** of 47.41%.
  • The Fund’s current 30-day SEC Yield, which excludes options income, is -0.11%.†
    The performance data quoted represents past performance.
  • For performance data current to the most recent month end, please visit kraneshares.com/klip .
  • Please refer to the table below for KLIP’s 12-month distribution history.

Agora, Inc. Reports Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Monday, February 26, 2024

Agora: $15.3 million for the quarter, a decrease of 3.2% from $15.8 million in the fourth quarter of 2022.

Key Points: 
  • Agora: $15.3 million for the quarter, a decrease of 3.2% from $15.8 million in the fourth quarter of 2022.
  • Net loss for the quarter was $2.6 million, compared to net loss of $35.1 million in the fourth quarter of 2022.
  • Adjusted EBITDA for the quarter was negative $2.0 million, compared to negative $8.5 million in the fourth quarter of 2022.
  • Free cash flow for the quarter was $3.4 million, compared to negative $6.1 million in the fourth quarter of 2022.

FTAI Aviation Ltd. Reports Fourth Quarter and Full Year 2023 Results, Declares Dividend of $0.30 per Ordinary Share

Retrieved on: 
Thursday, February 22, 2024

On February 22, 2024, the Company’s Board of Directors (the “Board”) declared a cash dividend on our ordinary shares of $0.30 per share for the quarter ended December 31, 2023, payable on March 20, 2024 to the holders of record on March 8, 2024.

Key Points: 
  • On February 22, 2024, the Company’s Board of Directors (the “Board”) declared a cash dividend on our ordinary shares of $0.30 per share for the quarter ended December 31, 2023, payable on March 20, 2024 to the holders of record on March 8, 2024.
  • (1)
    Sold 61 modules to 17 unique customers in Q4, including 6 new customers and 11 repeat customers.
  • Acquired $229 million of Aviation Leasing Equipment in Q4, comprised of 11 Aircraft and 32 Engines.
  • A simultaneous webcast of the conference call will be available to the public on a listen-only basis at https://www.ftaiaviation.com/ .

OppFi Exceeds 2023 Earnings Guidance, Provides Outlook for Continued Profitable Growth in 2024

Retrieved on: 
Thursday, March 7, 2024

Total net originations include both originations by bank partners on the OppFi platform, as well as direct originations by OppFi.

Key Points: 
  • Total net originations include both originations by bank partners on the OppFi platform, as well as direct originations by OppFi.
  • Receivables are defined as the unpaid principal balances of loans at the end of the reporting period.
  • ET to discuss OppFi’s financial results and business outlook.
  • The webcast of the conference call will be made available on the Investor Relations page of the Company's website.

Pembina Pipeline Corporation Provides Notice of Series 17 Preferred Share Conversion Right and Announces Reset Dividend Rates

Retrieved on: 
Friday, March 1, 2024

Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that it does not intend to exercise its right to redeem the currently outstanding Cumulative Redeemable Rate Reset Class A Preferred Shares, Series 17 ("Series 17 Shares") (TSX: PPL.PR.Q) on March 31, 2024.

Key Points: 
  • Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that it does not intend to exercise its right to redeem the currently outstanding Cumulative Redeemable Rate Reset Class A Preferred Shares, Series 17 ("Series 17 Shares") (TSX: PPL.PR.Q) on March 31, 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240301006874/en/
    As a result of the decision not to redeem the Series 17 Shares, and subject to certain terms of the Series 17 Shares, the holders of the Series 17 Shares will have the right to elect to convert all or part of their Series 17 Shares on a one-for-one basis into Cumulative Redeemable Floating Rate Class A Preferred Shares, Series 18 of Pembina ("Series 18 Shares") on March 31, 2024 (the "Conversion Date").
  • Holders who do not exercise their right to convert their Series 17 Shares into Series 18 Shares will retain their Series 17 Shares.
  • As provided in the terms of the Series 17 Shares: (i) if Pembina determines that there would remain outstanding immediately following the conversion less than 1,000,000 Series 17 Shares, then all remaining Series 17 Shares will be automatically converted into Series 18 Shares on a one-for-one basis effective as of the Conversion Date; or (ii) if Pembina determines that there would be less than 1,000,000 Series 18 Shares outstanding immediately following the conversion, no Series 17 Shares will be converted into Series 18 Shares on the Conversion Date.

Regan Capital Launches the Regan Floating Rate MBS ETF (NYSE: MBSF)

Retrieved on: 
Wednesday, February 28, 2024

Regan Capital , an investment firm with $1.3 billion in assets under management, today announced the launch of the Regan Floating Rate MBS ETF (NYSE: MBSF), an actively managed exchange-traded fund that invests primarily in floating rate Agency Residential Mortgage-Backed Securities (RMBS).

Key Points: 
  • Regan Capital , an investment firm with $1.3 billion in assets under management, today announced the launch of the Regan Floating Rate MBS ETF (NYSE: MBSF), an actively managed exchange-traded fund that invests primarily in floating rate Agency Residential Mortgage-Backed Securities (RMBS).
  • MBSF can also act as a cash alternative to money market funds, due to its high yield and liquidity.
  • As a result, MBSF can perform in a variety of interest rate environments, and we believe it is interest rate neutral.
  • In 2020, Regan Capital launched the Regan Total Return Income Fund (RCIRX), a mutual fund which invests across the fixed income market with a focus on mortgage bonds.

FIS Announces $2.25 Billion Senior Note Tender Offers for Certain Outstanding Senior Notes

Retrieved on: 
Tuesday, February 27, 2024

Notes may be validly withdrawn at any time at or prior to 5:00 p.m. (Eastern time) on March 4, 2024, unless extended with respect to any Offer.

Key Points: 
  • Notes may be validly withdrawn at any time at or prior to 5:00 p.m. (Eastern time) on March 4, 2024, unless extended with respect to any Offer.
  • Accordingly, Holders should not tender any Notes that they do not wish to be accepted for purchase.
  • FIS reserves the right, subject to applicable law, to waive the Maximum Purchase Condition with respect to any Offer.
  • King & Co, Inc. will act as the Information and Tender Agent for the Offers.

Guaranteed Rate Names Jeff Nelson Southeast Divisional Manager

Retrieved on: 
Monday, February 19, 2024

CHICAGO, Feb. 19, 2024 /PRNewswire/ -- Guaranteed Rate , the second largest retail mortgage lender in the country, is proud to announce the return of Jeff Nelson as Southeast Divisional Manager.

Key Points: 
  • CHICAGO, Feb. 19, 2024 /PRNewswire/ -- Guaranteed Rate , the second largest retail mortgage lender in the country, is proud to announce the return of Jeff Nelson as Southeast Divisional Manager.
  • In his role as Southeast Divisional Manager, Nelson will spearhead Guaranteed Rate's expansion efforts, focusing on building and enhancing the company's presence in key markets throughout the Southeast.
  • Nelson brings nearly 30 years of experience in the mortgage banking industry to Guaranteed Rate.
  • "I am so happy to be returning home to Guaranteed Rate," said Nelson.

Pembina Pipeline Corporation Announces Conversion Results for Series 3 Preferred Shares

Retrieved on: 
Thursday, February 15, 2024

Pembina Pipeline Corporation ("Pembina") (TSX: PPL; NYSE: PBA) announced today that none of Pembina's Cumulative Redeemable Rate Reset Class A Preferred Shares, Series 3 ("Series 3 Shares") (TSX: PPL.PR.C) will be converted into Cumulative Redeemable Floating Rate Class A Preferred Shares, Series 4 of Pembina ("Series 4 Shares") on March 1, 2024.

Key Points: 
  • Pembina Pipeline Corporation ("Pembina") (TSX: PPL; NYSE: PBA) announced today that none of Pembina's Cumulative Redeemable Rate Reset Class A Preferred Shares, Series 3 ("Series 3 Shares") (TSX: PPL.PR.C) will be converted into Cumulative Redeemable Floating Rate Class A Preferred Shares, Series 4 of Pembina ("Series 4 Shares") on March 1, 2024.
  • This press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20240215660248/en/
    After taking into account all the conversion notices received from holders of its outstanding Series 3 Shares by the February 15, 2024 deadline for the conversion of the Series 3 Shares into Series 4 Shares, less than the 1,000,000 Series 3 Shares required to give effect to conversions into Series 4 Shares were tendered for conversion.