NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Two Harbors Investment Corp. (NYSE: TWO) to UWM Holdings Corporation for 2.3328 shares of UWM Class A Common Stock for each share of Two Harbors common stock is fair to Two Harbors shareholders. Halper Sadeh encourages Two Harbors shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersade. ...

Group 1: Toro Co Performance - Toro Co reported quarterly earnings of 91 cents per share, exceeding the analyst consensus estimate of 87 cents per share [1] - The company achieved quarterly sales of $1.066 billion, surpassing the analyst consensus estimate of $1.048 billion [1] - Following the earnings report, Toro's shares rose by 7% to $77.82 [1] Group 2: Other Notable Stock Movements - DBV Technologies SA shares increased by 35.5% to $24.36 after meeting primary endpoints in the Phase 3 VITESSE trial [3] - Udemy Inc gained 26.5% to $6.79 due to an all-stock merger agreement with Coursera [3] - Kodiak Sciences Inc jumped 16.7% to $28.16 after announcing a public offering of common stock [3] - Hut 8 Corp rose 16.3% to $42.88 following a partnership to accelerate AI infrastructure deployment and a $7.0 billion lease agreement [3] - Canopy Growth Corp increased by 16.2% to $2.13 amid reports of potential reclassification of marijuana [3] - Recursion Pharmaceuticals Inc gained 13.2% to $4.76 after an upgrade from JP Morgan [3] - Two Harbors Investment Corp surged 13.2% to $11.21 due to an acquisition announcement [3] - Quantumscape Corp gained 7.7% to $11.66 after signing a joint development agreement with a top-10 global automaker [3] - Jabil Inc reported better-than-expected earnings, leading to a 7% increase in shares to $227.50 [3]

PONTIAC, Mich. & NEW YORK--(BUSINESS WIRE)--UWM Holdings Corporation ("UWMC†) (NYSE: UWMC), the publicly traded indirect parent of United Wholesale Mortgage ("UWM†), the #1 overall mortgage lender in America, and Two Harbors Investment Corp. ("TWO†) (NYSE: TWO), an MSR-focused REIT and one of the largest servicers of conventional mortgages in the country through its wholly-owned subsidiary RoundPoint Mortgage Servicing LLC ("RoundPoint†), today announced that they have entered into a definitive merg ...

Core Insights - Three stocks with strong value characteristics and a buy rank are highlighted for investors: Skyward Specialty Insurance Group, Fox, and Two Harbors Investments Corp [1][2][3]. Group 1: Skyward Specialty Insurance Group, Inc. (SKWD) - Engages in underwriting commercial property and casualty insurance coverages primarily in the United States [1]. - Holds a Zacks Rank 1 (Strong Buy) [1]. - Zacks Consensus Estimate for current year earnings has increased by 6.3% over the last 60 days [1]. - Price-to-earnings ratio (P/E) is 12.53, compared to the industry average of 13.2 [2]. - Possesses a Value Score of A [2]. Group 2: Fox (FOX) - Produces and distributes news, sports, and entertainment content [2]. - Holds a Zacks Rank 1 (Strong Buy) [2]. - Zacks Consensus Estimate for current year earnings has increased by 7.7% over the last 60 days [2]. - Price-to-earnings ratio (P/E) is 13.73, compared to the industry average of 17.80 [3]. - Possesses a Value Score of A [3]. Group 3: Two Harbors Investments Corp (TWO) - Focuses on investing in, financing, and managing residential mortgage-backed securities and mortgage loans [3][4]. - Holds a Zacks Rank 1 (Strong Buy) [3]. - Zacks Consensus Estimate for current year earnings has increased by 10.3% over the last 60 days [3]. - Price-to-earnings ratio (P/E) is 8.6, compared to the industry average of 11.10 [4]. - Possesses a Value Score of B [4].

Vancouver, British Columbia--(Newsfile Corp. - December 3, 2025) - T2 Metals Corp. (TSXV: TWO) (OTCQB: TWOSF) (WKN: A3DVMD) ("T2" or the "Company") is pleased to announce that due to strong demand, the Company has increased the non-flow-through portion of the non-brokered private placement (the "Financing"), announced on November 12, 2025, by up to $368,570. The Company now proposes to issue an aggregate of up to 4,562,567 hard dollar units (each a "HD Unit"), at a price of $0.30 per HD Unit, for gross pro ...

Core Insights - During market turbulence, investors often seek dividend-yielding stocks, which typically have high free cash flows and offer substantial dividends [1] Company Ratings and Performance - **Ready Capital Corp (NYSE:RC)**: - Dividend Yield: 19.69% - Analyst Jade Rahmani from Keefe, Bruyette & Woods maintained an Underperform rating and reduced the price target from $3.5 to $2.5 on Nov. 12, 2025, with an accuracy rate of 69% [7] - Analyst Randy Binner from B. Riley Securities maintained a Neutral rating and lowered the price target from $6 to $4 on Aug. 11, 2025, with an accuracy rate of 71% [7] - Recent News: Posted disappointing quarterly results on Nov. 6, 2025 [7] - **Two Harbors Investment Corp (NYSE:TWO)**: - Dividend Yield: 13.32% - Analyst Richard Shane from JP Morgan maintained a Neutral rating and raised the price target from $9.5 to $10 on Oct. 20, 2025, with an accuracy rate of 67% [7] - Analyst Kenneth Lee from RBC Capital maintained a Sector Perform rating and cut the price target from $13 to $12 on May 28, 2025, with an accuracy rate of 62% [7] - Recent News: Reported in-line earnings for the third quarter on Oct. 27, 2025 [7] - **Arbor Realty Trust Inc (NYSE:ABR)**: - Dividend Yield: 13.29% - Analyst Jade Rahmani from Keefe, Bruyette & Woods maintained a Market Perform rating and reduced the price target from $12 to $11 on Nov. 3, 2025, with an accuracy rate of 69% [7] - Analyst Richard Shane from JP Morgan maintained an Underweight rating and slashed the price target from $11.5 to $10 on Nov. 3, 2025, with an accuracy rate of 67% [7] - Recent News: Reported mixed third-quarter financial results on Oct. 31, 2025 [7]

Core Insights - Investors are increasingly turning to dividend-yielding stocks during market turbulence and uncertainty, as these companies typically have high free cash flows and offer substantial dividend payouts [1] Company Ratings and Performance - **Ready Capital Corp (NYSE:RC)**: - Dividend Yield: 19.69% - Analyst Jade Rahmani from Keefe, Bruyette & Woods maintained an Underperform rating and reduced the price target from $3.5 to $2.5 on Nov. 12, 2025, with an accuracy rate of 69% [7] - Analyst Randy Binner from B. Riley Securities maintained a Neutral rating and lowered the price target from $6 to $4 on Aug. 11, 2025, with an accuracy rate of 71% [7] - Recent News: Posted downbeat quarterly results on Nov. 6, 2025 [7] - **Two Harbors Investment Corp (NYSE:TWO)**: - Dividend Yield: 13.32% - Analyst Richard Shane from JP Morgan maintained a Neutral rating and raised the price target from $9.5 to $10 on Oct. 20, 2025, with an accuracy rate of 67% [7] - Analyst Kenneth Lee from RBC Capital maintained a Sector Perform rating and cut the price target from $13 to $12 on May 28, 2025, with an accuracy rate of 62% [7] - Recent News: Reported in-line earnings for the third quarter on Oct. 27, 2025 [7] - **Arbor Realty Trust Inc (NYSE:ABR)**: - Dividend Yield: 13.29% - Analyst Jade Rahmani from Keefe, Bruyette & Woods maintained a Market Perform rating and reduced the price target from $12 to $11 on Nov. 3, 2025, with an accuracy rate of 69% [7] - Analyst Richard Shane from JP Morgan maintained an Underweight rating and slashed the price target from $11.5 to $10 on Nov. 3, 2025, with an accuracy rate of 67% [7] - Recent News: Reported mixed third-quarter financial results on Oct. 31, 2025 [7]

Core Insights - T2 Metals Corp has completed its first reconnaissance exploration program at the Shanghai gold-silver Project in the Yukon Territory, identifying two distinct high-priority target styles for future drilling [2][3][8] Group 1: Project Overview - The Shanghai Project covers an area of 27.4 square kilometers and is located in the Tombstone Gold Belt, a region known for its rich mineral deposits [2] - The project has received a Class 3 permit, allowing for drilling, road construction, and camp installation without additional permissions [4] Group 2: Exploration Program Details - The exploration program was conducted by a four-person crew from Groundtruth Exploration Inc., utilizing the Banyan Gold Corp camp as a base [3] - A total of 52 rock samples and 3 soil samples were collected from two main prospective zones, focusing on areas with significant gold and silver anomalies [7] Group 3: Target Zones - Target Zone 1, identified as Ag-Au-Polymetallic, confirmed the presence of Keno Hill-style polymetallic quartz-vein mineralization [7] - Target Zone 2, associated with Reduced Intrusion-Related Gold Systems (RIRGS), showed evidence of disseminated mineralization linked to nearby Cretaceous intrusions [6][10] Group 4: Historical Context and Results - Historical sampling from the area reported exceptional results of 1.1 oz/tonne Au and 790.5 oz/tonne Ag [6] - The historical Shanghai Silver Mine had significant underground development, with assays reporting 9.1 m at 1182.8 g/t Ag, 8.2% Pb, and 7.2% Zn [19] Group 5: Future Plans - The company plans to finalize and prioritize drill locations for a Phase 1 drill campaign scheduled for 2026 based on the assay results from the current exploration program [8]

Core Viewpoint - During market turbulence, investors often seek dividend-yielding stocks, which typically have high free cash flows and offer substantial dividends [1] Group 1: High-Yielding Stocks in Financial Sector - MFA Financial Inc (NYSE:MFA) has a dividend yield of 15.86%. Analysts from Keefe, Bruyette & Woods downgraded the stock from Outperform to Market Perform, reducing the price target from $12 to $10 [8]. RBC Capital maintained a Sector Perform rating and also cut the price target from $12 to $10 [8]. The company is set to host an investor conference call on November 6 to discuss Q3 2025 results [8] - Ready Capital Corp (NYSE:RC) has a dividend yield of 15.72%. Keefe, Bruyette & Woods maintained an Underperform rating and lowered the price target from $3.75 to $3.5 [8]. B. Riley Securities maintained a Neutral rating and reduced the price target from $6 to $4 [8]. The company reported disappointing quarterly results on August 7 [8] - Two Harbors Investment Corp (NYSE:TWO) has a dividend yield of 13.85%. JP Morgan maintained a Neutral rating and increased the price target from $9.5 to $10 [8]. RBC Capital maintained a Sector Perform rating and lowered the price target from $13 to $12 [8]. The company reported in-line earnings for Q3 on October 27 [8]

Financial Data and Key Metrics Changes - The company recorded a comprehensive loss of $80.2 million, or $0.77 per share, including a litigation settlement expense of $175.1 million, which equates to $1.68 per share [16][17] - The return on book value was -0.63% including the litigation expense, while it would have been +7.6% excluding the expense [16] - Total economic return for the third quarter was -6.3%, and +7.6% without the litigation expense [9] Business Line Data and Key Metrics Changes - The RMBS portfolio decreased from $11.4 billion to $10.9 billion due to agency securities sales [6] - The company funded $49 million of UPB in first and second liens during the third quarter, with an additional $52 million UPB in the origination pipeline at quarter-end [12] - The company brokered $60 million UPB in second liens, a significant increase from $44 million in Q2 [12] Market Data and Key Metrics Changes - The Fed cut rates by 25 basis points in September, marking the first cut since November 2024, which positively impacted equity markets, with the S&P 500 up almost 8% by quarter-end [10] - The nominal spread for current coupon RMBS tightened by 26 basis points to 145 basis points to the swap curve [22] Company Strategy and Development Direction - The company aims to enhance and grow its servicing and origination activities while focusing on a MSR-focused investment strategy [9] - The company plans to redeem $262 million of outstanding convertible notes to reduce structural leverage to historical levels [8] - The company is optimistic about the investment opportunities available in the market, particularly in the MSR and MBS portfolio [15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's liquidity and risk metrics following the litigation settlement [5] - The company sees no reason for its stock to trade at an 11% discount to book value, given the quality of its assets and the uncertainty created by the litigation now resolved [13] - Management highlighted the importance of technology investments to maintain growth in the direct-to-consumer origination platform [69] Other Important Information - The company has established a significant relationship with a new sub-servicing client, bringing the total sub-servicing UPB to approximately $40 billion [11] - The company is focused on improving efficiencies and lowering costs in light of the recent settlement payments [9] Q&A Session Summary Question: What are the key drivers of the increase in the EAD in the third quarter relative to the second quarter? - The increase in EAD is attributed to the decrease in financing costs, allowing asset yields to remain constant [34] Question: Can you give us an update on your book value quarter to date? - The book value was up about 1% as of last Friday [37] Question: Can you talk about the various risk metrics as you think about the size of the portfolio? - The company considers multiple risk metrics, including returns available on asset classes and the ideal mix in the current market context [41][43] Question: Does the return potential slide factor in potential cost savings? - The return potential slide reflects current costs, and there is potential upside as cost savings are realized [44][46] Question: Can you help us understand the strategy behind the coupon positioning? - The coupon exposure is managed based on how rates move and the current coupon's position relative to risk exposures [51][52] Question: Can you give us color on growth opportunities in the sub-servicing business? - The company is focused on developing relationships and attracting clients dissatisfied with their current sub-servicers [60] Question: How do you see MSR valuations responding to a further drop in interest rates? - MSR valuations are expected to remain stable, with strong demand for low gross WAC MSR despite potential declines in prices [87][88] Question: What is the valuation of the flow MSRs that you're originating versus your existing portfolio? - The price multiple for the entire portfolio is 5.8x, with variations based on coupon rates [99]