Partners Value Split Corp. Announces US$100,000,000 Public Offering of Class AA Preferred Shares, Series 17
Globenewswire· 2025-11-05 14:20
Core Points - Partners Value Split Corp. has entered into an agreement to sell 4,000,000 Class AA Preferred Shares, Series 17, generating gross proceeds of US$100 million [1][2] - The Series 17 Preferred Shares will have a fixed coupon of 5.25% and a final maturity date of January 31, 2033, with a provisional rating of Pfd-2 from DBRS Limited [2] - The underwriters have an option to purchase an additional 1,000,000 Series 17 Preferred Shares, potentially increasing the total offering size to US$125 million [3] Company Overview - The Company owns approximately 179 million Class A Limited Voting Shares of Brookfield Corporation and about 25 million Class A Limited Voting Shares of Brookfield Asset Management Ltd., which are expected to yield sufficient quarterly dividends to fund the preferred shares' dividends [4] - Brookfield Corporation is a global investment firm focused on long-term wealth creation, with core businesses in alternative asset management, wealth solutions, and operating businesses in renewable power, infrastructure, and real estate [5] - Brookfield Asset Management Ltd. manages over US$1 trillion in assets across various sectors, including infrastructure and private equity, and is known for generating strong returns for its clients [6]
Unity Software Rises on Q3 Earnings Beat
247Wallst· 2025-11-05 14:19
Core Insights - Unity Software reported a strong third quarter, exceeding both revenue and earnings expectations, marking a significant recovery from its poor performance in Q1 of the same year [1] Financial Performance - The company demonstrated a dramatic turnaround in its financial results compared to Q1, which was characterized by disappointing outcomes [1]
Marriott International: Valuation And Price Consolidation Still Warrant Caution (MAR)
Seeking Alpha· 2025-11-05 14:18
Three months had already passed since my previous coverage on Marriott International, Inc. ( MAR ). The stock remains quite flat with an increase of 2.73% as price consolidation continues, justifying my Hold rating. Despite this, MAR remainsI have been working in the logistics sector for almost two decades. I have been into stock investing and macroeconomic analysis for almost a decade. Currently, I focus on ASEAN and NYSE/NASDAQ Stocks, particularly in banks, telco, logistics, and hotels. Since 2014, I hav ...
Polymarket Airdrop and POLY Token: How to Participate?
Yahoo Finance· 2025-11-05 14:17
Core Insights - Polymarket, a blockchain-based prediction market platform, gained significant traction in 2024 due to the U.S. presidential elections, with users actively betting on the outcome of Trump's candidacy [2][8] - The platform's total value locked (TVL) peaked at over $500 million on November 6, 2024, before dropping below $100 million, but has since rebounded to approximately $230 million by November 5, 2025, indicating over 100% growth since the summer of 2025 [3][8] - The anticipated Polymarket airdrop is in development, with the token ticker confirmed as POLY, although no official launch date or criteria have been established yet [5][8] Platform Developments - Polymarket is currently unavailable to U.S. users, despite the platform's focus on U.S. political markets, with preparations for a U.S. launch underway, including a waitlist for interested users [6][7][8] - The eligibility for the upcoming Polymarket airdrop is expected to be based on user activity and engagement on the platform, with no KYC requirements, only a crypto wallet needed for registration [7][8] Market Context - The prediction market sector, represented by Polymarket, is still emerging but is developing rapidly, drawing comparisons to the early days of meme coins [4][8] - Analysts have raised concerns regarding low liquidity and the potential for insider influence, as large bets can significantly distort market odds [8]
TimberTech Unveils New Privacy Screen and Railing Options to Revolutionize Outdoor Living
Prnewswire· 2025-11-05 14:17
Core Insights - TimberTech, part of the James Hardie portfolio, has launched two innovative products, Advantage Rail and Impression Privacy Screen, aimed at enhancing outdoor living spaces [1][3] - The new products focus on installation efficiency and privacy options, addressing market demands for streamlined processes and aesthetic appeal [3][7] Product Overview - **Advantage Rail**: A low-maintenance composite railing featuring patent-pending SPEEDLoc Technology for quick installation, requiring 25% fewer fasteners than competitors, and comes with a 25-year limited product warranty [4][7] - **Impression Privacy Screen**: A unique solution combining decorative screening and functional railing, designed to work with the Impression Rail Express system, and is wind-load tested for durability [5][7] - **Fulton Rail**: A durable galvanized steel railing that is now available nationwide, enhancing TimberTech's metal railing offerings with fire-resistant features [6][8] Market Positioning - The new product launches reinforce TimberTech's commitment to customer-driven innovation, focusing on ease of installation, design versatility, and long-term performance [7][8] - The expanded product lineup positions TimberTech as a leader in the outdoor living market, combining durability, aesthetics, and installation efficiency [8]
Tyler Technologies to Participate in November and December Investor Conferences
Businesswire· 2025-11-05 14:17
PLANO, Texas--(BUSINESS WIRE)---- $TYL #TylerTech--Tyler Technologies will participate in five investor conferences in November and December 2025. ...
Purchasing A Home Just Got Tougher: Average Homebuyer Credit Score Hits All-Time High Of 736
Yahoo Finance· 2025-11-05 14:16
Core Insights - The average credit score for U.S. homebuyers has reached an all-time high of 736, indicating a significant increase in creditworthiness among buyers [1][4] - Mortgage credit scores are approximately 20 points above the national average, reflecting a shift towards higher-income and financially stable households in the buyer pool [2] - Lenders are becoming more cautious, favoring low-risk applicants due to rising delinquency rates, which have increased to 3.43% [3] Summary by Category Credit Score Trends - The average credit score for approved mortgages has seen a steep increase to 736, the highest recorded level [1][4] - This marks a significant shift from the low 700s range that was common for much of the past decade [4] Buyer Demographics - The current buyer pool is increasingly composed of higher-income households with strong credit and larger down payments, filtering out less-qualified buyers [2] - First-time buyers and those with thinner credit histories are particularly affected by the current affordability challenges [2] Lending Practices - Lenders are prioritizing low-risk applicants due to higher delinquency rates, which have risen by 16 basis points in August [3] - The national delinquency rate is up 10 basis points compared to the same time last year, indicating a cautious lending environment [3]
Ripple Raises $500 Million at $40 Billion Valuation Following XRP's Historic Surge
Yahoo Finance· 2025-11-05 14:16
Group 1 - Ripple announced a $500 million strategic investment at a valuation of $40 billion, with participation from affiliates of Citadel Securities, Fortress Investment Group, and Brevan Howard [1] - XRP's price was trading at $2.28 per coin, having reached an all-time high of $3.65 in July, driven by regulatory optimism and plans for U.S. spot exchange-traded funds [2] - Ripple's CEO stated that the investment validates the company's growth strategy and reflects confidence in the future of cryptocurrency [3]
Viasat Set to Report Q2 Results: Will Top-Line Growth Boost Earnings?
ZACKS· 2025-11-05 14:16
Core Insights - Viasat, Inc. (VSAT) is set to report its second-quarter fiscal 2026 results on November 6, with a history of earnings surprises averaging 36.78% over the past four quarters [1][10] - Despite challenges in the Communication Services segment, revenue growth is anticipated, driven by the Defense and Advanced Technologies segment [10] Group 1: Recent Developments - Viasat was selected by the U.S. Government to develop a next-generation high-speed Ethernet Data Encryptor for securing classified data in government cloud data centers [2] - The company successfully connected its Global Aero Terminal 5510 to a ViaSat-3 satellite during test flights, enhancing in-flight broadband service for business jets [3] - Viasat launched its HaloNet portfolio, which integrates space and terrestrial networks, enabling various applications such as secure low-latency links and Direct-to-Earth service [4] Group 2: Financial Expectations - The Zacks Consensus Estimate for Product revenues is $340.59 million, up from $323.95 million in the same quarter last year [6] - For the Service vertical, the estimate stands at $811.89 million, an increase from $798.31 million year over year [6] - Total revenue for the September quarter is estimated at $1.14 billion, consistent with the previous year's figure, while adjusted earnings per share are expected to show a narrower loss of 11 cents compared to a loss of $1.07 in the prior year [7] Group 3: Earnings Predictions - Current analysis does not predict a definitive earnings beat for Viasat, with an Earnings ESP of 0.00% indicating no difference between the Most Accurate Estimate and the Zacks Consensus Estimate [8][9] - Viasat holds a Zacks Rank of 3, suggesting a neutral outlook [9]
Avanos Medical (AVNS) Q3 Earnings and Revenues Beat Estimates
ZACKS· 2025-11-05 14:16
Avanos Medical (AVNS) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.36 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +37.50%. A quarter ago, it was expected that this medical technology company would post earnings of $0.18 per share when it actually produced earnings of $0.17, delivering a surprise of -5.56%.Over the last four qua ...