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Fannie Mae Releases October 2025 Monthly Summary
Prnewswire· 2025-11-26 13:00
Core Insights - Fannie Mae has released its October 2025 Monthly Summary, detailing activities related to its gross mortgage portfolio, mortgage-backed securities, interest rate risk measures, and serious delinquency rates [1]. Group 1: Monthly Summary Highlights - The October 2025 Monthly Summary includes comprehensive data on Fannie Mae's mortgage portfolio and securities [1]. - The report provides insights into interest rate risk measures and the current state of serious delinquency rates [1]. Group 2: Future Commitments - Fannie Mae has set a multifamily loan purchase cap of $88 billion for 2026, emphasizing its commitment to supporting the multifamily housing market in the U.S. [2].
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in StubHub Holdings, Inc. of Class Action Lawsuit and Upcoming Deadlines - STUB
Prnewswire· 2025-11-25 23:17
Core Viewpoint - A class action lawsuit has been filed against StubHub Holdings, Inc. for alleged securities fraud and unlawful business practices following disappointing financial results reported after its IPO [2]. Group 1: Class Action Lawsuit - The lawsuit concerns whether StubHub and its officers engaged in securities fraud or other unlawful business practices [2]. - Investors have until January 23, 2026, to request to be appointed as Lead Plaintiff if they purchased StubHub securities during the Class Period [2]. Group 2: Financial Performance - StubHub conducted its IPO on September 17, 2025, offering 34,042,553 shares at $23.50 each [2]. - The company reported a negative free cash flow of $4.6 million for Q3 2025, a 143% decrease from the positive $10.6 million reported in the same quarter the previous year [2]. - Net cash provided by operating activities was $3.8 million, down 69.3% from $12.4 million in the prior year [2]. - The decline in free cash flow was attributed to changes in the timing of payments to vendors [2]. Group 3: Stock Market Reaction - Following the financial results announcement, StubHub's stock price dropped by $3.95, or 20.9%, closing at $14.87 per share on November 14, 2025 [2].
Shareholder Alert: The Ademi Firm investigates whether Green Dot Corporation is obtaining a Fair Price for its Public Shareholders
Prnewswire· 2025-11-24 15:00
Core Viewpoint - The Ademi Firm is investigating Green Dot for potential breaches of fiduciary duty and other legal violations related to its transaction with Smith Ventures and CommerceOne Financial Corporation [1][3]. Transaction Details - In the transaction, Green Dot shareholders will receive $8.11 per share in cash plus 0.2215 shares of a new publicly traded bank holding company [2]. - Green Dot insiders are set to receive substantial benefits as part of the change of control arrangements [2]. Investigation Focus - The transaction agreement imposes significant penalties on Green Dot if it accepts competing bids, which may limit competing transactions unreasonably [3]. - The investigation will assess whether the Green Dot board of directors is fulfilling their fiduciary duties to all shareholders [3].
Harley-Davidson Financial Services, Inc. Announces Results of Tender Offers for Any and All of its Outstanding 6.500% Medium-Term Notes due 2028 and 5.950% Medium-Term Notes due 2029
Prnewswire· 2025-11-24 11:00
Core Viewpoint - Harley-Davidson Financial Services, Inc. has announced the expiration and results of its tender offers for its outstanding Medium-Term Notes, indicating a significant engagement in managing its debt obligations and optimizing its capital structure [1][2]. Summary by Sections Tender Offer Results - The tender offers for the 6.500% Medium-Term Notes due 2028 and 5.950% Medium-Term Notes due 2029 expired on November 21, 2025, with a total of $792,209,000 in aggregate principal amount of Notes validly tendered [1][2]. - This amount excludes $8,090,000 in Notes submitted under the Guaranteed Delivery Procedures [2]. Breakdown of Tendered Notes - For the 2028 Notes, the aggregate principal amount outstanding is $700,000,000, with $437,112,000 tendered and $500,000 reflected in Notices of Guaranteed Delivery [4]. - For the 2029 Notes, the aggregate principal amount outstanding is $500,000,000, with $355,097,000 tendered and $7,590,000 reflected in Notices of Guaranteed Delivery [4]. Consideration and Settlement - The consideration for each $1,000 principal amount of Notes accepted for purchase is $1,055.12 for the 2028 Notes and $1,059.55 for the 2029 Notes, plus accrued interest from the last payment date to the Settlement Date [4][6]. - The Company expects to settle the purchase of all validly tendered Notes on November 24, 2025, and those under Guaranteed Delivery Procedures on November 26, 2025 [6]. Company Overview - Harley-Davidson Financial Services, Inc. is a subsidiary of Harley-Davidson, Inc., primarily engaged in financing and servicing wholesale inventory receivables and retail consumer loans for Harley-Davidson motorcycles [11].
Lument Finance Trust Announces Pricing of $664 Million Commercial Real Estate CLO
Prnewswire· 2025-11-21 22:00
Core Viewpoint - Lument Finance Trust, Inc. has announced the pricing of a $663.8 million managed Commercial Real Estate Collateralized Loan Obligation (CRE-CLO), LMNT 2025-FL3, which is expected to provide term financing on a non-mark-to-market, non-recourse basis [1] Group 1: Financial Details - The company anticipates approximately $585.0 million of investment grade securities to be placed with institutional investors [1] - LMNT 2025-FL3 features a 30-month reinvestment period and an advance rate of 88.1% [1] - The weighted average interest rate at issuance is Term SOFR plus 1.91%, before transaction costs [1] Group 2: Redemption and Closing - On November 18, 2025, the company redeemed LFT 2021-FL1, which had $436.4 million of investment grade securities outstanding at the time of redemption [1] - LMNT 2025-FL3 is expected to close on or around December 10, 2025, subject to customary closing conditions [1] Group 3: Management and Structure - J.P. Morgan Securities LLC is acting as the sole structuring agent, lead manager, and sole bookrunner for LMNT 2025-FL3, while Citizens JMP Securities, LLC is acting as co-manager [2] - Lument Finance Trust is focused on investing in, financing, and managing a portfolio of commercial real estate debt investments, primarily in transitional floating rate commercial mortgage loans with an emphasis on middle-market multi-family assets [4]
Harley-Davidson Financial Services, Inc. Announces Pricing of Tender Offers for Any and All of its Outstanding 6.500% Medium-Term Notes due 2028 and 5.950% Medium-Term Notes due 2029
Prnewswire· 2025-11-21 20:08
Core Viewpoint - Harley-Davidson Financial Services, Inc. has announced the pricing of its tender offers to purchase any and all of its outstanding 6.500% Medium-Term Notes due 2028 and 5.950% Medium-Term Notes due 2029, indicating a strategic move to manage its debt obligations and optimize its capital structure [1][19]. Summary by Relevant Sections Tender Offers Details - The tender offers include the purchase of $700 million of 6.500% Medium-Term Notes due 2028 and $500 million of 5.950% Medium-Term Notes due 2029 [2]. - The applicable Reference Yield for the 2028 Notes is 3.523% with a consideration of $1,055.12 per $1,000 principal amount, while for the 2029 Notes, the Reference Yield is 3.639% with a consideration of $1,059.55 per $1,000 principal amount [2]. - The Offers will expire at 5:00 p.m. New York City time on November 21, 2025, unless extended or terminated by the Company [3]. Procedures for Participation - Holders of the Notes must validly tender their Notes or submit a Notice of Guaranteed Delivery before the Expiration Date to be eligible for the Consideration [4]. - The Settlement Date for the payment of Consideration and Accrued Interest is expected to be November 24, 2025, unless extended [4][5]. Management and Contact Information - J.P. Morgan Securities LLC, TD Securities (USA) LLC, and Wells Fargo Securities, LLC are the lead dealer managers for the tender offers, providing support for investors with inquiries [7][8].
Israel Corp. Reports Results for Third Quarter of 2025
Prnewswire· 2025-11-19 17:41
Accessibility StatementSkip Navigation TEL AVIV, Israel , Nov. 19, 2025 /PRNewswire/ -- Israel Corporation Ltd. (TASE: ILCO) ("ILCO") announced today its third quarter results for the period ending September 30, 2025. Selected Financial Figures for the Third Quarter 2025: | $m | Q 3 | /2 | 5 | Q | 3 / | 24 | | --- | --- | --- | --- | --- | --- | --- | | ILCO share in ICL profit | 51 | | | 50 | | | | ILCO share in Prodalim profit | 1 | | | - | | | | Amortization of excess cost in held companies | (3) | | | ...
Shareholder Alert: The Ademi Firm investigates whether Sealed Air Corporation is obtaining a Fair Price for its Public Shareholders
Prnewswire· 2025-11-17 16:00
Core Viewpoint - The Ademi Firm is investigating Sealed Air for potential breaches of fiduciary duty and other legal violations related to its recent transaction with CD&R, which involves a significant cash payout to shareholders [1][3]. Transaction Details - Sealed Air shareholders will receive $42.15 in cash per share in an all-cash transaction, with an enterprise value of $10.3 billion [2]. - Insiders of Sealed Air are set to receive substantial benefits as part of the change of control arrangements [2]. Board Conduct - The transaction agreement imposes significant penalties on Sealed Air if it accepts competing bids, which may limit the board's ability to consider other offers [3]. - The investigation focuses on whether the Sealed Air board is fulfilling its fiduciary duties to all shareholders amidst these limitations [3].
Shareholders that lost money on Marex Group plc(MRX) Urged to Join Class Action - Contact The Gross Law Firm to Learn More
Prnewswire· 2025-11-17 13:45
Core Viewpoint - The Gross Law Firm has announced a class action lawsuit against Marex Group plc, alleging that the company made false statements and concealed information regarding its financial performance, specifically inflating cash flow and revenues through improper transactions [1]. Group 1: Allegations and Class Action Details - The class period for the alleged misconduct is from May 16, 2024, to August 5, 2025 [1]. - The complaint claims that Marex Group plc failed to inform investors about improper inflation of its cash flow and the revenues, assets, and profits of its Market Making segment through off-book intercompany transactions [1]. - As a result of these actions, the positive statements made by the defendants regarding the company's business and prospects were materially false and misleading [1]. Group 2: Next Steps for Shareholders - Shareholders who purchased shares of MRX during the specified timeframe are encouraged to register for the class action by December 8, 2025 [2]. - Upon registration, shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [2]. - There is no cost or obligation for shareholders to participate in this case [2]. Group 3: Firm's Mission and Commitment - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors affected by deceit and illegal business practices [3]. - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3].
BitMine Appoints New CEO and Three Independent Board Appointments
Prnewswire· 2025-11-14 05:01
Core Insights - BitMine has appointed Chi Tsang as the new CEO and added three independent directors to its Board, aiming to strengthen its leadership and strategic direction [1][2] - The company is the largest holder of Ethereum, with a goal to acquire 5% of the Ethereum network, currently holding over 2.9% [1][2] - BitMine's strategy positions it as a bridge between traditional capital markets and the Ethereum ecosystem, reflecting a significant opportunity in the blockchain space [2] Leadership Changes - Chi Tsang has been appointed as CEO and a member of the Board of Directors, effective immediately [1] - New independent directors include Robert Sechan, Olivia Howe, and Jason Edgeworth, bringing diverse expertise in technology, DeFi, and financial services [1][2] Company Vision and Strategy - The company aims to leverage its substantial Ethereum holdings to establish itself as a leading financial institution within the Ethereum ecosystem [2] - BitMine's leadership believes that the current transformation in financial markets due to blockchain technology mirrors past technological revolutions, indicating a supercycle opportunity for Ethereum [2] Financial Position - BitMine's total crypto and cash holdings are reported to be $13.2 billion, with Ethereum holdings reaching 3.5 million tokens [6] - The company operates in low-cost energy regions, enhancing its operational efficiency in Bitcoin mining and related services [3]