NEW YORK, June 13, 2025 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE:RC) (the “Company”) announced that its Board of Directors declared a quarterly cash dividend of $0.125 per share of common stock and Operating Partnership unit for the quarter ended June 30, 2025. This dividend is payable on July 31, 2025, to shareholders of record as of the close of business on June 30, 2025. Additionally, the Company announced that its Board of Directors declared quarterly cash dividends on its 6.25% Series C Cumu ...

Shares of NuScale Power (SMR -3.89%) soared again this week, up 12.9% as of market close on Friday, June 13, according to data from S&P Global Market Intelligence. The nuclear energy start-up now has a market cap of $11 billion and zero revenue, with the stock up 364% in the last 12 months. Traders are getting optimistic on this group of stocks because of press releases and executive orders from the President of the United States.Here's why NuScale Power stock was soaring yet again this week.Riding high on ...

Industry Overview - The S&P Steel Index is experiencing growth in 2025, driven by tariff leverage, strong balance sheets, and high returns on capital [1] - As of June 12, the S&P Steel Sub-Industry Index has increased by 8.40% year to date, indicating stabilization in the US steel sector [1] - President Trump's decision to double US steel import tariffs from 25% to 50% on June 4, 2025, is a significant factor contributing to this growth [1][2] Tariff Impact - The announcement of the tariff increase led to immediate gains in steel stocks, with Cleveland-Cliffs rising 26% in one day, while Steel Dynamics and Nucor saw increases of 10-11% [2] - Benchmark steel prices rose from $725 per metric ton before the tariff announcement to $875 per metric ton currently, effectively raising the price floor for domestic steel [2] Market Dynamics - The steel industry's rally is attributed to both short-term catalysts and long-term structural forces, including federal spending on infrastructure and reshoring efforts [3] - Supply chain restocking, recovery in the auto sector, and disciplined capital returns from leading companies like Nucor and Steel Dynamics contribute to a more stable sector profile [3] Construction and Demand - Domestic construction activity is robust, particularly in commercial construction, which supports demand for structural steel despite higher interest rates [7] - Key steel-consuming industries, such as automotive and machinery manufacturing, are showing resilience, while renewable energy infrastructure expansion creates new demand for steel [7] Company Highlights - Nucor, trading at $121 per share with a 1.82% dividend yield, is noted for its industry-leading margins and strong balance sheet, despite recent volatility due to tariff negotiations [9] - Steel Dynamics, priced at $133 per share with a 1.50% dividend yield, has shown a 16.7% increase year to date and is recognized for its operational efficiency and low production costs [10][11] - ArcelorMittal, trading at $30 per share with a 1.55% dividend yield, has seen a 30.6% increase year to date and is expected to benefit from strategic acquisitions and joint ventures [12][13] Investment Considerations - Investors are advised to focus on companies with high-margin, value-added products and sustainable dividend growth rather than chasing commodity pricing volatility [14] - Strong fundamentals, including cost-efficient production, strong returns on capital, and quality net margins, are essential for evaluating steel stocks [16]

we discuss ideas like this as they happen in more detail. All active investors are welcome to join on a free trial and ask any question in our chat room full of sophisticated traders and investors.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alph ...

FREMONT, Calif., June 13, 2025 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced packaging applications, today announced its participation in the 15th Annual ROTH London Conference at Park Lane, Hamilton Place, London on Wednesday, June 25, 2025. Management will be available for one-on-one and small group meetings with institutional investors throughout the day. For more information about the conference or to reques ...

DALLAS, June 13, 2025 (GLOBE NEWSWIRE) -- Dave & Buster's Entertainment, Inc., (NASDAQ: PLAY), ("Dave & Buster's" or "the Company") today announced that it has promoted Les Lehner to the position of Chief Development Officer. Mr. Lehner most recently served as Chief Procurement Officer and Head of Main Event Development. In connection with this promotion, the Company announced that John Mulleady, current Chief Development Officer, will retire effective as of the close of business on October 23, 2025. Effect ...

VANCOUVER, June 13, 2025 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office," "CIO" or the "Company") announced today that its Board of Directors has authorized a quarterly dividend amount of $0.10 per share of common stock and common unit of partnership interest for the second quarter of 2025.Additionally, the Board of Directors authorized a regular quarterly dividend of $0.4140625 per share of the Company's 6.625% Series A Cumulative Redeemable Preferred Stock. The dividends will be payable ...

ROSEMONT, Ill., June 13, 2025 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (“Wintrust”) (Nasdaq: WTFC) today announced that on July 15, 2025 it will redeem (i) all of the 5,000,000 issued and outstanding shares of its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D (the “Series D Preferred Stock”) (Nasdaq: WTFCM), for a redemption price of $25.00 per share, and (ii) all of the 11,500 issued and outstanding shares of its 6.875% Fixed-Rate Reset Non-Cumulative Perpetual Preferr ...

MIAMI, June 13, 2025 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) (the "Company") today announced that it has successfully arranged a new $4.5 billion multi-currency revolving credit facility (the "New Revolver").  The New Revolver matures in June 2030 and will replace the existing multi-currency revolving credit facility of Carnival Holdings (Bermuda) II Limited, a subsidiary of Carnival Corporation. The New Revolver also contains an accordion feature, allowing for up to $1.0 billi ...

Not for distribution to U.S. newswire services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities law. VANCOUVER, British Columbia, June 13, 2025 (GLOBE NEWSWIRE) -- Marimaca Copper Corp. (“Marimaca” or the “Company”) (TSX: MARI) (ASX: MC2) is pleased to announce that it has closed the second tranche of its previously announced non-brokered private placement (the “Private Placement”) for aggregate gross proceeds of approximate ...