Previous 10 | Next 10 |
2023-03-13 07:00:00 ET Summary For most banks and commercial mortgage REITs, higher interest rates are good news because they get paid more interest on their loans. This was not the case for SVB because so many of its assets were tied up in long-duration bonds, which saw their mar...
2023-03-09 18:03:40 ET Summary Jerome Powell swings a wrecking ball into the markets. Even assets that would normally benefit from higher rates are down because of economic risk. One of our favorite picks for being terrible did the thing again. Which thing? Dropping 14% in two...
2023-03-07 07:00:00 ET Summary While the combination of Ready Capital Corporation and Broadmark Realty Capital Inc. will increase scale and should improve efficiencies, I think this overall is a case of bad plus bad doesn’t equal good. The 2022 dividend payout ratio of 97.2...
2023-03-05 23:36:55 ET Summary Ready Capital is merging with Broadmark Realty in an all-share transaction that will see Broadmark's shareholders receive 0.47233 shares of Ready Capital per Broadmark share. The deal will immediately have a deleveraging effect on Ready Capital's bal...
2023-03-05 09:00:00 ET Summary U.S. equity markets rebounded following their worst week of the year as investors parsed data showing surprising resilience in global economic activity this winter despite stiff interest rate headwinds. Snapping a three-week skid and notching its bes...
On Monday, Feb. 27, real estate lender Broadmark Realty Capital (NYSE: BRMK) announced plans to merge with Ready Capital (NYSE: RC) . Under the terms of the deal, Broadmark's shareholders will see each share of its stock that they own converted into 0.47233 shares of Ready Capital...
Broadmark Realty Capital ( NYSE: BRMK ) stock surged 19% in Monday early afternoon trading after Ready Capital ( NYSE: RC ) agreed to acquire the commercial real estate finance company for ~$787M in stock. Broadmark ( BRMK ) shareholders will get 0.47233 share of Ready...
Ready Capital Corporation (RC) Q4 2022 Earnings Conference Call February 27, 2023 8:00 a.m. ET Company Participants Tom Capasse - CEO Andrew Ahlborn - CFO Adam Zausmer - CCO Conference Call Participants Crispin Love - Piper Sandler Stephen Laws - Raymon...
Gainers: Universal Insurance Holdings ( UVE ) +16% . Broadmark Realty Capital ( BRMK ) +14% . BGC Partners ( BGCP ) +12% . Reliance Global Group ( RELI ) +11% . MVB Financial ( MVBF ) +8% . Losers: Ready Capital ( RC ) -1...
TEGNA TGNA -22% after FCC orders hearing for Standard General sale . Mount Rainier Acquisition RNER -15% on FY earnings release . Ready Capital RC -12% on Q4 earnings release . Atlas Lithium ( ATLX ) -11% . Movella ( MVLA ) -10% . Ambrx ...
News, Short Squeeze, Breakout and More Instantly...
Ready Capital Corproation Company Name:
RC Stock Symbol:
NYSE Market:
Ready Capital Corproation Website:
iBusiness Funding, LLC, a division of Ready Capital Corporation, Enters Definitive Agreement to Acquire Funding Circle USA (FC USA), Inc. and Return Funding Circle's Newly Acquired SBLC License to the SBA PR Newswire FORT LAUDERDALE, Fla. , June 24, 2024 /PRNewsw...
NEW YORK, June 14, 2024 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE:RC) (the “Company”) announced that its Board of Directors declared a quarterly cash dividend of $0.30 per share of common stock and Operating Partnership unit for the quarter ended June 30, 2024. This divide...
NEW YORK, June 11, 2024 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE: RC) (“Ready Capital” or the “Company”), a multi-strategy real estate finance company that originates, acquires, finances and services small-to-medium balance commercial loans, today announced ...