PennyMac Mortgage Investment Trust Prices Further Reopening of $75 Million of 8.500% Exchangeable Senior Notes Due 2029
Businesswire· 2025-12-18 22:28
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) ("PMT†or the "Company†) today announced that its indirect wholly-owned subsidiary, PennyMac Corp. ("PMC†), has priced an offering of $75 million aggregate principal amount of its 8.500% Exchangeable Senior Notes due 2029 (the "Notes†) to an investor in a direct placement registered under the Securities Act of 1933, as amended. The Notes will be issued as a further reopening of, and will be part of the sam. ...
TikTok signs deal to sell US unit to American investor-led venture
Reuters· 2025-12-18 22:28
ByteDance's TikTok has signed a deal to sell its U.S. entity to a joint venture controlled by American investors, according to a memo from TikTok CEO seen by Reuters. ...
RCM Technologies, Inc. (RCMT) Shareholder/Analyst Call Prepared Remarks Transcript
Seeking Alpha· 2025-12-18 22:27
PresentationHello, and welcome to the 2025 RCM Technologies, Inc. Annual Meeting of Stockholders. Please note that this meeting is being recorded. Questions may be submitted through the message icon at the top left of your screen. Type in your message, then click on the Send Icon to the right of the message box.Bradley ViziExecutive Chairman & President Thank you. Good afternoon, everyone, and welcome to RCM Technologies 2025 Annual Meeting of Stockholders. Thank you for joining our virtual meeting. Today, ...
Kongsberg Automotive ASA (KGAUF) Analyst/Investor Day Transcript
Seeking Alpha· 2025-12-18 22:27
PresentationSo hi, everyone, and welcome to today's Capital Markets Day to our headquarters and tech center here in Kongsberg. Before we get started on today's presenters, and this is today's agenda and the agenda up on the screen visible for everyone to see.Olav Volldal Thank you, good to see all of you. Some of you might know that I have been with the company for a few months before -- I'm sorry, 25 years from '85 to 2010, I was the CEO here. And now I'm back as the Chair, which was a surprise to me. So s ...
The Data Problems in Thursday's Inflation Report Will Linger for Months
WSJ· 2025-12-18 22:24
Calculating housing costs presented one of the thorniest challenges—and they make up a huge portion of the price index. ...
AI Stocks Got Some Good News—And Surged. Will This Micron-Powered Momentum Last?
Investopedia· 2025-12-18 22:22
AI stocks soared Thursday after memory chip maker Micron (MU) reported quarterly results far stronger-than- expected. That offered tech investors a glimmer of hope after weeks of disappointing performance for AI stocks. Key Takeaways Related Education Guide to Selecting the Best Artificial Intelligence Stocks The Basics of Tech Stocks: 10 Tips Every New Investor Needs To Know Investors are increasingly demanding evidence that AI investments are delivering tangible benefits or will soon. Oracle (ORCL) tumble ...
TransAlta Provides Notice to Mothball Sheerness Unit 1
Globenewswire· 2025-12-18 22:22
CALGARY, Alberta, Dec. 18, 2025 (GLOBE NEWSWIRE) -- Alberta Power (2000) Ltd., a subsidiary of TransAlta Corporation (TransAlta or the Company) (TSX: TA) (NYSE: TAC), provided notice to the Alberta Electric System Operator on December 18, 2025, that Sheerness Unit 1 will be temporarily mothballed effective April 1, 2026, for a period of up to two years. TransAlta maintains the flexibility to return the mothballed unit to service when market fundamentals or contracting opportunities are secured. The unit wil ...
S&P 500: Butterfly Effect From Japan Rate Hike
Seeking Alpha· 2025-12-18 22:22
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BlackRock® Canada Announces Changes to Certain ETFs
Globenewswire· 2025-12-18 22:19
TORONTO, Dec. 18, 2025 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (“BlackRock”) (NYSE: BLK) is announcing that effective on December 18, 2025, the annual management fees of the following iShares exchange-traded funds (“iShares Funds”) will change as follows: NameTickerFormer Management Fee(1)New Management Fee(1)iShares Core Balanced ETF PortfolioXBAL0.18%0.17%iShares Core Conservative Balanced ETF Portfolio<td ...
Underlying market trend still deserves 'benefit of the doubt', says Truist's Keith Lerner
Youtube· 2025-12-18 22:18
Now, as I mentioned, markets staging a comeback today thanks to cooler inflation data. NASDAQ's the big standout, pushed higher by AI, MAG7, and of course, Micron. Is this a sign we're going to see a rotation back into these names or have investors moved on.Joining me now are Keith Learner from Truest Wealth and Warren Pives from 314 Research. Guys, welcome. Warren, how good was this inflation report versus what some of the fears were out there.Disinflation perhaps. Yeah, thanks for having me, John. I I thi ...