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Ellington Financial Inc. Reports Second Quarter 2025 Results

Lastest from Businesswire - Thu, 08/07/2025 - 18:16
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) ("we") today reported financial results for the quarter ended June 30, 2025. Highlights Net income attributable to common stockholders of $42.9 million, or $0.45 per common share.1 $56.8 million, or $0.60 per common share, from the investment portfolio. $57.8 million, or $0.61 per common share, from the credit strategy. $(1.0) million, or $(0.01) per common share, from the Agency strategy. $10.7 million, or $0.11 per co

Generational Group Advises a Building Supply Chain in Its Sale to Gold Beach Lumber Yard

Lastest from Businesswire - Thu, 08/07/2025 - 18:16
DALLAS--(BUSINESS WIRE)--Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of a Building Supply Chain to Gold Beach Lumber Yard. The acquisition closed April 4, 2025. Located in Gold Beach, Oregon, Gold Beach Lumber Yard has expanded its footprint with the addition of two more building supply chain locations. This acquisition brings the company’s total to nine locations, strengthening its presence throughout weste

Mill City Partners with Galaxy Digital for Treasury Management, Advancing Institutional-Grade Access to Sui Blockchain

Lastest from Businesswire - Thu, 08/07/2025 - 18:16
WAYZATA, Minn.--(BUSINESS WIRE)--Mill City Ventures III, Ltd. (“Mill City” or the “Company”) (NASDAQ: MCVT), the only publicly traded SUI treasury, today announced a strategic partnership with leading digital asset firm Galaxy Digital Inc. (NASDAQ/TSX: GLXY). Galaxy Asset Management, a division of Galaxy Digital, will serve as the asset manager for the $450 million SUI treasury strategy at Mill City, the largest SUI treasury on the public markets today. Galaxy Digital is also a significant inve

Empower Applauds Executive Order Supporting Broader Investment Access in 401(k) Plans

Lastest from Businesswire - Thu, 08/07/2025 - 18:16
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Empower today expressed strong support for a new executive order directing the Department of Labor (DOL) to reevaluate guidance around alternative asset investments in retirement plans and work with the Securities and Exchange Commission (SEC) and the Treasury Department to explore expanded access to a broader range of asset classes—including private investments, cryptocurrency, lifetime income, and other investment types—within 401(k) and other define

Centuri Announces Launch of Secondary Public Offering of Common Stock

Lastest from Businesswire - Thu, 08/07/2025 - 18:16
PHOENIX--(BUSINESS WIRE)---- $CTRI--Centuri Holdings, Inc. (NYSE: CTRI) (“Centuri” or the “Company”) today announced the commencement of an underwritten secondary public offering of 15,000,000 shares of Centuri’s common stock by Southwest Gas Holdings, Inc. (“Southwest Gas”) as selling stockholder (the “Offering”). Southwest Gas also expects to grant the underwriters a 30-day option to purchase up to an additional 2,250,000 shares of Centuri’s common stock. In addition to the shares of Centuri’s common s

Stone Ridge Buys Oklahoma Assets From ConocoPhillips

Lastest from Businesswire - Thu, 08/07/2025 - 18:16
NEW YORK--(BUSINESS WIRE)--Stone Ridge Holdings Group (“Stone Ridge”), a financial services firm focused on alternative asset management, reinsurance, and bitcoin, today announced that its energy platform, Stone Ridge Energy (“SRE”), entered into a definitive agreement to acquire a major portfolio of Oklahoma energy assets from ConocoPhillips for approximately $1.3 billion. This marks SRE’s second acquisition this year, after purchasing over $1 billion of energy assets in Colorado, bringing SRE

RLJ Lodging Trust Reports Second Quarter 2025 Results

Lastest from Businesswire - Thu, 08/07/2025 - 18:16
BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today reported results for the three and six months ended June 30, 2025. Second Quarter Highlights Portfolio Comparable RevPAR of $155.08, a decrease of 2.1% over the prior year Total Revenues of $363.1 million Net Income of $28.6 million Comparable Hotel EBITDA of $113.0 million Adjusted EBITDA of $104.0 million Adjusted FFO per diluted common share and unit of $0.48 Repurchased 0.8 million shares for approximately $

Victory Capital Reports Strong Second-Quarter Results

Lastest from Businesswire - Thu, 08/07/2025 - 18:16
SAN ANTONIO--(BUSINESS WIRE)---- $VCTR--Victory Capital reports Adj Diluted EPS of $1.57; Board authorizes increase of share repurchase plan to $500MM; financial condition strengthens

Horizon Technology Finance Announces Monthly Distributions for October, November and December 2025 Totaling $0.33 per Share

Lastest from Businesswire - Thu, 08/07/2025 - 18:16
FARMINGTON, Conn.--(BUSINESS WIRE)--Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon”) (the “Company”), an affiliate of Monroe Capital, and a leading specialty finance company that provides capital in the form of secured loans to venture capital and private equity-backed companies and publicly traded companies in the technology, life science, healthcare information and services, and sustainability industries, announced today that its board of directors has declared monthly cash d

Veritone Reports Second Quarter 2025 Results

Lastest from Businesswire - Thu, 08/07/2025 - 18:16
DENVER--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in building human-centered enterprise AI solutions, today announced results for the second quarter ended June 30, 2025. “In the second quarter, we achieved the top end of our updated June revenue guidance of $24 million, grew our core AI software revenue 45%, and remain on track to achieve profitability by the second half of 2026,” said President and Chief Executive Officer, Ryan Steelberg. “Our second quarter results were driven

Ellington Credit Declares Monthly Common Dividend

Lastest from Businesswire - Thu, 08/07/2025 - 18:16
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Credit Company (NYSE: EARN) ("we" or the "Fund") today announced that its Board of Trustees has declared a monthly common dividend of $0.08 per share, payable on September 30, 2025 to shareholders of record as of August 29, 2025. Cautionary Statement Regarding Forward-Looking Statements This release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward

Ellington Financial Declares Monthly Common Dividend

Lastest from Businesswire - Thu, 08/07/2025 - 18:16
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) ("we") today announced that its Board of Directors has declared a monthly dividend of $0.13 per share of common stock, payable on September 30, 2025 to stockholders of record as of August 29, 2025. Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forwar

FranklinCovey Promotes Holly Procter to President of its Enterprise Division

Lastest from Businesswire - Thu, 08/07/2025 - 18:16
SALT LAKE CITY--(BUSINESS WIRE)-- #AllAccessPass--FranklinCovey Promotes Holly Procter to President of its Enterprise Division: She Brings Leadership Experience in Driving Customer and Revenue Growth

i3 Verticals Reports Third Quarter 2025 Financial Results

Lastest from Businesswire - Thu, 08/07/2025 - 18:16
NASHVILLE, Tenn.--(BUSINESS WIRE)---- $IIIV--i3 Verticals, Inc. (Nasdaq: IIIV) (“i3 Verticals” or the “Company”) today reported its financial results for the fiscal third quarter ended June 30, 2025. Highlights from continuing operations1 for the three and nine months ended June 30, 2025 vs. 2024 Third quarter revenue from continuing operations was $51.9 million, an increase of 12.4% over the prior year's third quarter. Revenue from continuing operations for the nine months ended June 30, 2025, was $158.

Bridge Investment Group Holdings Inc. Reports Second Quarter 2025 Results

Lastest from Businesswire - Thu, 08/07/2025 - 18:16
SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today reported its financial results for the quarter ended June 30, 2025. Net Income was $2.8 million for the quarter ended June 30, 2025. On a basic and diluted basis, net (loss) attributable to Bridge per share of Class A common stock was a loss of $(0.01) for the quarter ended June 30, 2025. Fee Related Earnings to the Operating Company were $28.0 million for the quarter ended June

Brighthouse Financial Announces Second Quarter 2025 Results

Lastest from Businesswire - Thu, 08/07/2025 - 18:16
CHARLOTTE, N.C.--(BUSINESS WIRE)--Brighthouse Financial, Inc. ("Brighthouse Financial" or the "company") (Nasdaq: BHF) announced today its financial results for the second quarter ended June 30, 2025. Second Quarter 2025 Results The company reported net income available to shareholders of $60 million in the second quarter of 2025, or $1.02 per diluted share, compared with net income available to shareholders of $9 million in the second quarter of 2024, or $0.12 per diluted share. The company an

Amy Friedrich President of Benefits & Protection to Speak at 2025 KBW Insurance Conference

Lastest from Businesswire - Thu, 08/07/2025 - 18:16
DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced today that Amy Friedrich, president of Benefits & Protection, will participate in a fireside chat at the KBW Insurance Conference on Thursday, Sept. 4, 2025, beginning at approximately 3:05 p.m. Eastern Time. Friedrich will participate in a question-and-answer session covering a variety of industry and company specific topics. The fireside chat will be available live at principal.com/investor via audio web

Barings BDC, Inc. Reports Second Quarter 2025 Results and Announces Quarterly Cash Dividend of $0.26 Per Share

Lastest from Businesswire - Thu, 08/07/2025 - 18:16
CHARLOTTE, N.C.--(BUSINESS WIRE)--Barings BDC, Inc. (NYSE: BBDC) (“Barings BDC” or the “Company”) today reported its financial and operating results for the second quarter of 2025 and announced that the Company’s Board of Directors (the “Board”) declared a quarterly cash dividend of $0.26 per share. Highlights   Three Months Ended Three Months Ended Income Statement June 30, 2025 March 31, 2025 (dollars in millions, except per share data) Total Amount Per Share(1) Total Amount Per Share(2) Net

Morgan Stanley Direct Lending Fund Announces June 30, 2025 Financial Results and Declares Third Quarter 2025 Regular Dividend of $0.50 per Share

Lastest from Businesswire - Thu, 08/07/2025 - 18:16
NEW YORK--(BUSINESS WIRE)--Morgan Stanley Direct Lending Fund (NYSE: MSDL) (“MSDL” or the “Company”), a business development company externally managed by MS Capital Partners Adviser Inc. (the “Adviser”), today announced its financial results for the second quarter ended June 30, 2025. QUARTERLY HIGHLIGHTS Net investment income of $43.7 million, or $0.50 per share, as compared to $46.2 million, or $0.52 per share, for the quarter ended March 31, 2025; Net asset value of $20.59 per share, as com

Corebridge Financial to Participate in 2025 KBW Insurance Conference

Lastest from Businesswire - Thu, 08/07/2025 - 18:16
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that Kevin Hogan, President and Chief Executive Officer, will participate in a fireside chat at the 2025 KBW Insurance Conference at 2:05 p.m. EDT on Wednesday, September 3, 2025. A live webcast can be accessed in the Investors section of corebridgefinancial.com, and a replay will be available shortly after the event. About Corebridge Financial Corebridge Financial, Inc. makes it possible for more people to take a

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