LMM

Ready Capital Corporation Reports Fourth Quarter 2023 Results

Retrieved on: 
Tuesday, February 27, 2024

NEW YORK, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Ready Capital Corporation (“Ready Capital” or the “Company”) (NYSE: RC), a multi-strategy real estate finance company that originates, acquires, finances, and services lower-to-middle-market (“LMM”) investor and owner occupied commercial real estate loans, today reported financial results for the quarter ended December 31, 2023.

Key Points: 
  • NEW YORK, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Ready Capital Corporation (“Ready Capital” or the “Company”) (NYSE: RC), a multi-strategy real estate finance company that originates, acquires, finances, and services lower-to-middle-market (“LMM”) investor and owner occupied commercial real estate loans, today reported financial results for the quarter ended December 31, 2023.
  • “We continue to make progress on our business strategy of repositioning the capital acquired in our merger with Broadmark Realty Capital into our core lending strategies despite current challenges in the commercial real estate sector,” said Thomas Capasse, Ready Capital’s Chairman and Chief Executive Officer.
  • Certain MBS positions are considered to be non-distributable due to a variety of reasons which may include collateral type, duration, and size.
  • Servicing rights relating to the Company’s small business commercial business are accounted for under ASC 860, Transfer and Servicing.

Cloud Music Inc. Reports Fiscal Year 2023 Financial Results

Retrieved on: 
Thursday, February 29, 2024

Apart from top-tier music content, we focused on our most advantageous music genres, such as hip-hop, fuelled by our initiatives in both copyrighted content and original music.

Key Points: 
  • Apart from top-tier music content, we focused on our most advantageous music genres, such as hip-hop, fuelled by our initiatives in both copyrighted content and original music.
  • We also collaborated with our partners like Pepsi to launch annual music festivals and resumed campus tour music festivals, nurturing NetEase Cloud Music musicians.
  • In September 2023, we launched "Project Cloud Ladder 2023 – Phase 2"(云梯计划2023第二期) and introduced the new "Appreciation (赞赏)" feature for tipping.
  • Our in-house studios have recently launched several special music projects, aiming at producing and promoting in-house music, covering band music, hip-hop, R&B, pure music, as well as film music.

Main Street Announces Preliminary Estimate of Fourth Quarter 2023 Operating Results

Retrieved on: 
Wednesday, January 17, 2024

HOUSTON, Jan. 17, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street" or the "Company") is pleased to announce its preliminary operating results for the fourth quarter of 2023, the federal tax treatment of its dividends paid in 2023 and its fourth quarter and full year 2023 earnings release and conference call schedule.

Key Points: 
  • HOUSTON, Jan. 17, 2024 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street" or the "Company") is pleased to announce its preliminary operating results for the fourth quarter of 2023, the federal tax treatment of its dividends paid in 2023 and its fourth quarter and full year 2023 earnings release and conference call schedule.
  • In commenting on the Company's operating results for the fourth quarter of 2023, Dwayne L. Hyzak, Main Street's Chief Executive Officer, stated, "We are extremely pleased with our performance in the fourth quarter, which closed another record year for Main Street across several key financial metrics.
  • Main Street has posted information regarding the U.S. federal income tax characteristics of its dividends paid in 2023 on its website under "2023 Form 1099 Information" ( https://www.mainstcapital.com/tax-information ).
  • Main Street's fourth quarter and full year 2023 results will be released on Thursday, February 22, 2024, after the financial markets close.

Main Street Announces Preliminary Estimate of Third Quarter 2023 Operating Results

Retrieved on: 
Tuesday, October 17, 2023

HOUSTON, Oct. 17, 2023 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street" or the "Company") is pleased to announce its preliminary operating results for the third quarter of 2023 and its third quarter 2023 earnings release and conference call schedule.

Key Points: 
  • HOUSTON, Oct. 17, 2023 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street" or the "Company") is pleased to announce its preliminary operating results for the third quarter of 2023 and its third quarter 2023 earnings release and conference call schedule.
  • In commenting on the Company's operating results for the third quarter of 2023, Dwayne L. Hyzak, Main Street's Chief Executive Officer, stated, "We are pleased with our performance in the third quarter, which resulted in continued strong recurring operating results, a new record for net asset value per share for the fifth consecutive quarter and a return on equity of over 17%.
  • Based upon the continued strength of our performance in the third quarter, we expect another meaningful supplemental dividend to be paid in the fourth quarter of 2023.
  • Main Street's third quarter 2023 results will be released on Thursday, November 2, 2023, after the financial markets close.

WiMi Hologram Cloud Inc. Developed LMM-VFC Model to Support the Next Generation of IoT

Retrieved on: 
Wednesday, July 19, 2023

Based on this, an intelligent migration model is proposed which can support virtual functional chains at the IoT networks.

Key Points: 
  • Based on this, an intelligent migration model is proposed which can support virtual functional chains at the IoT networks.
  • This model enables AI models to be executed on heterogeneous networks and incorporates a QoS (Quality of Service) monitoring model for real-time migration.
  • The LMM-VFC model of WIMI is enhanced by the migration model.
  • Reducing bandwidth requirements and enabling real-time processing of data, the LMM-VFC model enables an intelligent model that supports VFC in the next generation of IoT.

Main Street Announces Preliminary Estimate of First Quarter 2023 Operating Results

Retrieved on: 
Tuesday, April 18, 2023

HOUSTON, April 18, 2023 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street" or the "Company") is pleased to announce its preliminary operating results for the first quarter of 2023 and its first quarter 2023 earnings release and conference call schedule.

Key Points: 
  • HOUSTON, April 18, 2023 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street" or the "Company") is pleased to announce its preliminary operating results for the first quarter of 2023 and its first quarter 2023 earnings release and conference call schedule.
  • Main Street's preliminary estimates of first quarter 2023 net investment income ("NII") is $1.01 to $1.03 per share and distributable net investment income ("DNII"), which is NII before non-cash compensation expenses, is $1.06 to $1.08 per share.
  • As a result of Main Street's preliminary estimates of net investment income and net changes in the fair market value of its investment portfolio as noted above, Main Street estimates that it generated a quarterly annualized return on equity for the first quarter of 2023 of 14% to 15%.
  • Main Street's first quarter 2023 results will be released on Thursday, May 4, 2023, after the financial markets close.

Main Street Announces Preliminary Estimate of Fourth Quarter 2022 Operating Results

Retrieved on: 
Tuesday, January 17, 2023

HOUSTON, Jan. 17, 2023 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street" or the "Company") is pleased to announce its preliminary operating results for the fourth quarter of 2022, the federal tax treatment of its 2022 dividends and its fourth quarter and full year 2022 earnings release and conference call schedule.

Key Points: 
  • HOUSTON, Jan. 17, 2023 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street" or the "Company") is pleased to announce its preliminary operating results for the fourth quarter of 2022, the federal tax treatment of its 2022 dividends and its fourth quarter and full year 2022 earnings release and conference call schedule.
  • In commenting on the Company's operating results for the fourth quarter of 2022, Dwayne L. Hyzak, Main Street's Chief Executive Officer, stated, "We are very pleased with our fourth quarter results, which closed another record year for Main Street across several key performance indicators with significant positive momentum for 2023.
  • Main Street's preliminary estimate of fourth quarter 2022 net investment income ("NII") is $0.97 to $0.99 per share.
  • Main Street's preliminary estimate of fourth quarter 2022 distributable net investment income ("DNII"), which is NII before non-cash compensation expenses, is $1.02 to $1.04 per share.

Axial's Q1 2022 Lower Middle Market Pursuits Report Highlights the Continued Resiliency of American Lower Middle Market M&A

Retrieved on: 
Tuesday, May 3, 2022

NEW YORK, May 03, 2022 (GLOBE NEWSWIRE) -- Axial, the online M&A platform connecting buyers, advisors, and sellers of small and medium-sized businesses, has released its Lower Middle Market Pursuits report for Q1 2022.

Key Points: 
  • NEW YORK, May 03, 2022 (GLOBE NEWSWIRE) -- Axial, the online M&A platform connecting buyers, advisors, and sellers of small and medium-sized businesses, has released its Lower Middle Market Pursuits report for Q1 2022.
  • "The bad news is that the lower middle market may no longer be the best-kept secret in M&A.
  • Q1 2022 deal activity was just below the record-setting Q1 2021 high watermark.
  • As a result, lower middle market M&A dealmakers are as engaged as ever, despite rising interest rates, wobbly public markets, and a war in Europe."

Milrem Robotics and MSI-Defence Systems Present Robotic C-UAV Capabilities at the World Defense Show

Retrieved on: 
Sunday, March 6, 2022

MSI-Defence Systems Limited (MSI-DSL), the developer of leading-edge weapon and underwater systems and the European leading robotics and autonomous system developer Milrem Robotics jointly present highly mobile, unmanned kinetic C-UAV capabilities at the World Defense Show.

Key Points: 
  • MSI-Defence Systems Limited (MSI-DSL), the developer of leading-edge weapon and underwater systems and the European leading robotics and autonomous system developer Milrem Robotics jointly present highly mobile, unmanned kinetic C-UAV capabilities at the World Defense Show.
  • The employment of this type of equipment has made low-level conflicts more lethal, explained Captain (res) Jri Pajuste, Defence Research and Development Director at Milrem Robotics.
  • The system is exhibited at the World Defense Show in Riyadh March 6-9 in the Estonian Pavilion H9.
  • Milrem Robotics is the European leading robotics and autonomous systems developer and systems integrator.

Charles Oakley Returns to Hometown, Alma Mater

Retrieved on: 
Wednesday, February 16, 2022

On Friday, Oakley will cook and serve breakfast, lunch and dinner at the state's largest homeless shelter.

Key Points: 
  • On Friday, Oakley will cook and serve breakfast, lunch and dinner at the state's largest homeless shelter.
  • Charles Oakley started his NBA career in 1985 when he was the 9th overall pick from HBCU Virginia Union University by the Cleveland Cavaliers and traded to the Chicago Bulls, where he was selected for the NBA All-Rookie First Team.
  • John Hay All-Star Pep Rally (Wednesday, February 16th, 1:30 p.m.)
    Charles Oakley will speak with student athletes at John Hay High School, Oakley's alma mater, about his journey from the inner city of Cleveland to the NBA and beyond.
  • Charles Oakley will prepare breakfast, lunch and dinner for the residents of Lutheran Metropolitan Ministry (LMM).