Financial Performance - The Partnership reported a net loss of $6.2 million for the quarter ended June 30, 2025, a significant decrease from a net income of $21.6 million in the same quarter of the previous year, primarily due to unfavorable foreign currency movements and higher tax recoveries in the prior year [2][4] - Investment income for the quarter included $26.241 million in dividends and $6.450 million in other investment income, totaling $32.691 million, compared to $27.589 million in the prior year quarter [4] - Operating expenses decreased to $1.048 million from $1.301 million year-over-year, while financing costs remained relatively stable at $2.501 million compared to $2.545 million in the previous year [4] Investment Portfolio - The Partnership holds approximately 121 million Class A Limited Voting Shares of Brookfield Corporation (BN) and approximately 31 million Class A Limited Voting Shares of Brookfield Asset Management Ltd. (BAM), representing about 8% and 2% interests in BN and BAM, respectively, as of June 30, 2025 [5] - The market prices for BN and BAM shares as of June 30, 2025, were $61.85 and $55.28, respectively, with prices increasing to $65.60 and $62.11 by August 14, 2025 [3] Financial Position - As of June 30, 2025, total assets amounted to $10.329 billion, an increase from $9.640 billion at the end of 2024, with significant investments in Brookfield Corporation and Brookfield Asset Management [6] - The Partnership's liabilities included $1.271 billion, with preferred shares totaling $1.010 billion, reflecting an increase from $939 million at the end of 2024 [6] - The net book value at the end of the period was $9.010 billion, with a per unit value of $11.47, adjusted for a ten-for-one unit split effective August 8, 2025 [4][6]

Performance Update - Bread Financial Holdings, Inc. reported a net loss rate of 7.6% for July 2025, down from 8.0% in July 2024, indicating an improvement in credit performance [1] - The delinquency rate decreased to 5.8% as of July 31, 2025, compared to 6.2% a year earlier, reflecting better loan management [1] - Net principal losses for July 2025 were $114 million, a slight decrease from $120 million in July 2024 [1] Company Overview - Bread Financial is a tech-forward financial services company that offers personalized payment, lending, and saving solutions to millions of U.S. consumers [2] - The company provides general purpose credit cards and savings products, aiming to empower customers and enhance their quality of life [2] - Bread Financial also supports growth for recognized brands in various sectors through private label and co-brand credit cards [2]

Core Viewpoint - Nexxen International Ltd. is initiating a new $20 million Ordinary Share repurchase program to capitalize on perceived undervaluation and demonstrate confidence in its long-term prospects [1][2] Financial Position - The company maintains a strong cash position, supported by a profitable and cash-generative model, allowing for a balanced capital allocation strategy focused on long-term growth and shareholder value creation [2] Investment Strategy - Nexxen plans to invest an additional $35 million in VIDAA, increasing its equity stake to approximately 6%, to support VIDAA's North American CTV expansion and enhance the long-term value of its data and advertising rights [3] - The company will continue investing in the expansion of its commercial and media teams and in product innovation to accelerate future growth and reinforce its global market position [4] Strategic Opportunities - Nexxen is exploring targeted strategic opportunities to expand its monetizable data assets, enhance AI capabilities, and accelerate growth across core business lines in the U.S. and internationally, or enter new high-growth markets [5] Repurchase Program Details - The new repurchase program is subject to a 30-day creditor objection period and requires consent from the company's bank lenders before it can commence [6][7] - As of July 31, 2025, approximately $7.2 million remains under the current repurchase authorization, expected to be completed before November 19, 2025 [8]

As of August 14, 2025, in excess of 57% of the outstanding shares of 180 Degree Capital have been voted FOR the proposed Business Combination, and in excess of 50% of the outstanding shares of 180 Degree Capital have been voted FOR all other proposals scheduled to be considered at the August 22, 2025 special shareholder meeting As of August 14, 2025, Mount Logan is in receipt of proxies representing votes in excess of the required thresholds to approve the resolutions that are necessary to implement the pro ...

GREENVILLE, S.C., Aug. 15, 2025 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NYSE: UCB) (“United”, the “Company”), is redeeming all outstanding shares of the Company’s 6.875% Series I Non-Cumulative Perpetual Preferred Stock (the “Preferred Stock”) on September 15, 2025 (the “Redemption Date”). The announced redemption reflects United’s ongoing active management of its capital structure. Payment of the cash redemption price equal to $25,000 per share of Preferred Stock (the “Redemption Price”) (equival ...

HOUSTON, Aug. 15, 2025 (GLOBE NEWSWIRE) -- Plus Therapeutics, Inc. (Nasdaq: PSTV) (“Plus” or the “Company”), a clinical-stage pharmaceutical company developing targeted radiotherapeutics with advanced platform technologies for central nervous system (CNS) cancers, today announced it reported stockholders’ equity of $3 million and therefore satisfied Nasdaq Listing Rule 5550(b)(1) (the “Equity Rule”), as of June 30, 2025. The Equity Rule requires listed companies to maintain a minimum of $2.5 million in stoc ...

VANCOUVER, British Columbia, Aug. 15, 2025 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation (TSX: ELD) (NYSE: EGO) (“Eldorado” or the “Company”) is pleased to announce that Christian Milau will be joining the Company as President, effective September 12, 2025. Christian brings over 25 years of experience in finance, capital markets and mining. He has deep expertise in operational leadership, government and stakeholder relations, and has worked across key mining jurisdictions in North and South America, Africa, ...

BROOKFIELD, News, Aug. 15, 2025 (GLOBE NEWSWIRE) -- Brookfield Business Partners (NYSE: BBU, BBUC; TSX: BBU.UN, BBUC) today announced that the Toronto Stock Exchange (“TSX”) has accepted a notice filed by Brookfield Business Partners L.P. of its intention to renew its normal course issuer bid for its limited partnership units (“Units”) and a notice filed by Brookfield Business Corporation of its intention to renew its normal course issuer bid for its class A exchangeable subordinate voting shares (“Exchange ...

Core Insights - Marimaca Copper Corp. has successfully extended the high-grade sediment-hosted manto system at the Pampa Medina deposit by 300 meters to the west through further drilling, indicating significant potential for resource expansion [1][3][11] - The ongoing drilling program consists of 10,000 meters with three rigs currently operational, focusing on both extensional and infill drilling to define the limits of the mineralized system [1][7][9] Exploration Results - Hole SMRD-16 reported significant intersections, including 70 meters of 1.0% Cu from 434 meters downhole, with high-grade zones exceeding 4.2% Cu [3][4][11] - The mineralized area is confirmed to extend over 1.2 km by 1.2 km, with an average true thickness of 50 to 100 meters, suggesting continuity of mineralization [5][11] - Hole SMRD-15 also demonstrated near-surface oxide mineralization, intersecting 42 meters of 0.51% Cu from 158 meters [3][11] Geological Context - Pampa Medina is characterized as a stratiform or manto-style copper deposit, primarily hosted in Jurassic-Triassic sedimentary units, with mineralization types including both oxides and sulphides [9][10][39] - The geological model has been updated to focus on lower sedimentary units, which are identified as productive horizons for future drilling [10][39] Infrastructure and Development Potential - The proximity of Pampa Medina to existing mines and infrastructure, including powerlines and water pipelines, is expected to facilitate development and reduce permitting risks [3][9] - The low-altitude, flat terrain of the "pampa" valley provides ample space for future facilities and infrastructure, enhancing the project's viability [3][9] Strategic Objectives - The company aims to establish a significant copper production operation, leveraging the advanced-stage asset at the Marimaca Oxide Deposit (MOD) and the exploration potential at Pampa Medina and Madrugador [8][9] - Future plans include advancing the Pampa Medina and Madrugador Oxide projects to increase copper cathode production and extend the mine life [9]

The net asset value (NAV) per unit of the Baltic Horizon Fund (the Fund) increased to EUR 0.6772 at the end of July 2025 (0.6766 as of 30 June 2025). The month-end total net asset value of the Fund was EUR 97.2 million (EUR 97.1 million as of 30 June 2025). The EPRA NRV as of 31 July 2025 stood at EUR 0.7222 per unit. In July 2025, the consolidated net rental income of the Fund was EUR 1.0 million (EUR 1.0 million in June 2025). At the end of July 2025, the Fund’s consolidated cash and cash equivalents amo ...