RCA News and Press, Ready Capital Corporation 7.00% Convertible Senior Notes due 2023

2023-08-08 16:01:20 ET Summary Ready Capital reported Q2-2023 results with a higher provision for credit losses. Distributable income fell short of actual distributions, again. Q3-2023 should see a further drop and we tell you how we would play this company. On our last ...

2023-08-08 12:18:14 ET Ready Capital Corporation (RC) Q2 2023 Earnings Conference Call August 8, 2023, 8:30 am ET Company Participants Andrew Ahlborn - CFO Tom Capasse - CEO Adam Zausmer - CCO Conference Call Participants Crispin Love - Piper Sandler ...

2023-08-01 20:00:22 ET Summary Tightening financial conditions have led to a significant decrease in preferred stock offerings, with only one new offering in July. Eagle Point Income Company offered $28 million worth of 7.75% series B term preferred stock due 2028. CDx3 prefer...

2023-07-26 08:06:20 ET Summary We’re checking in on the early earnings results or projections for upcoming earnings from 5 double-digit yielding REITs. So far earnings season is going pretty well for the sector. More positive surprises than negative. We’re includ...

2023-07-16 09:00:00 ET Summary U.S. equity markets advanced to their highest levels of the year on an "inflation week" rally after the closely-watched CPI and PPI reports showed a continued sharp cooldown in price pressures. Closing at the highest levels since April 2022, the S&am...

2023-07-15 05:00:00 ET Summary Nvidia, Apple, Amazon, Microsoft and Google, and have largely driven the percentage gains in the US stock market this year. The AI ‘bell cow’ leading the new investment narrative is Nvidia. Nvidia’s market capitalization is 3...

2023-07-12 14:48:10 ET Summary Earnings season is about to start. Compared to the recent consensus estimates for Q2 2023, we expect to see a few “surprises." Valuation became less compelling as interest rates and share prices both ripped higher in June. Get read...

2023-07-06 12:00:00 ET Summary Financial markets are not immune to fads and trends. If one participates long enough in the investment markets, they realize human nature never changes. The excessive hype surrounding AI to justify forward earnings estimates and current valuation...

2023-07-02 09:00:00 ET Summary U.S. equity markets closed-out a volatile first-half at their highest-levels of the year as investors cheered data showing continued resilience in economic activity alongside further signs of cooling inflationary pressure. Rebounding from its worst w...

2023-06-27 10:00:00 ET Summary Recovering from a sharp sell-off in the wake of the Silicon Valley and First Republic Bank collapses, Mortgage REITs have rebounded as turmoil across interest rate markets has calmed. Distress in the commercial and residential real estate markets has...