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Summary Due to the financial ramifications of the NBNYC acquisition, NEWT has been on a precipitous decline over the past year. The acquisition is nearly over, and the company is showing signs of recovery now that it is no longer spending so much money on the transaction. The acquis...
BOCA RATON, Fla., Dec. 12, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp ., (Nasdaq: NEWT), an internally managed business development company (“BDC”), today announced that Barry Sloane, Chief Executive Officer, will hold a conference call on Wednesday, December 14...
BOCA RATON, Fla., Dec. 07, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. (NASDAQ: NEWT) today announced that its new joint venture, Newtek-TSO II Conventional Credit Partners, LP, has closed a $150 million leverage facility from a well-known investment bank to be used to fund the ac...
Hot Penny Stocks To Watch With The Stock Market Down Today The stock market is down today, but that doesn’t mean all stocks are getting dumped. In fact, in this article, we discuss a handful of bullish names trading higher in a sea of red. What’s helping them stay afloat? Big ne...
Pokemoto , Hawaiian Poke Chain has signed its 50th Franchise Agreement Burleson, Texas, Dec. 06, 2022 (GLOBE NEWSWIRE) -- Pokemoto, Muscle Maker, Inc.’s (Nasdaq: GRIL ) expanding Hawaiian poke bowl restaurant concept, today announced it has crossed a threshold...
BOCA RATON, Fla., Dec. 01, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. (NASDAQ: NEWT) (“Newtek”) today announced that it has received conditional approval from Office of the Comptroller of the Currency (“OCC”) to complete its acquisition of the National...
Pokemoto , Hawaiian Poke Chain is now Affiliated with Accredited Lending Source – Newtek to Aid Franchisees in Securing Funding Burleson, Texas, Nov. 22, 2022 (GLOBE NEWSWIRE) -- Pokemoto, Muscle Maker, Inc.’s (Nasdaq: GRIL ) exp...
BOCA RATON, Fla., Nov. 21, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. (NASDAQ: NEWT) (“Newtek”) today announced that it has received approval from the Federal Reserve to become a bank holding company and a financial holding company by acquiring the National Ba...
BOCA RATON, Fla., Nov. 17, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. , (NASDAQ: NEWT), an internally managed business development company (“BDC”), today announced that its Board of Directors declared a fourth quarter 2022 cash distribution of $0.70 per share ...
Summary Inflation and (expected) actions by the Federal Reserve continue to dominate market movements. Markets remain very volatile following record inflation readings paired with an aggressive Fed and negative consumer sentiment. US-China relations remain tense but so far don...
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BOCA RATON, Fla., July 24, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), announced today that its joint venture, Newtek-TSO II Conventional Credit Partners, LP (“Newtek-TSO”), has closed a securitization backed by alternative business loa...
2024-07-23 10:22:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-07-08 09:00:23 ET Newtek Business Services Corp (NEWT) declaring a stock dividend of $0.19 per share on Ex-Date : July 09, 2024. Shareholders on record as of July 09, 2024 are eligible for the dividend. The payment date is scheduled for July 19, 2024, and the declaration was of...