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seekingalpha.com 10hours ago

Ready Capital Q1 Distributable Earnings Rise Even In Wake Of Cre Slump (nyse:rc)

Ready Capital Corp. (NYSE:RC) stock gained 1.1% in Thursday morning trading after the real estate finance company turned in Q1 distributable earnings that topped Wall Street expectations and rose sequentially as it worked to reposition underperforming loans into market-yielding investments and further reduce its limited office exposure. “We continue to address the challenges caused by the current recession in commercial real estate,” said Chairman and CEO Thomas Capasse. During the quarter, RC increased its valuation allowance by $146.2M.
Read by 66% of LPs

petroleumnews.com 7 minutes ago

Eia Forecasts Solar To Exceed Hydro In '25 - May 12, 2024

The U.S. Energy Information Administration is forecasting that generation of electricity in the U.S. will grow by 3% this year and by 1% in 2025, with the increase powered by renewables, primarily solar power. In its May Short-Term Energy Outlook, issued May 7, EIA said it expects solar, wind and h...
Read by 33% of LPs

seekingalpha.com 37 minutes ago

Xenon Pharmaceuticals Inc. (xene) Q1 2024 Earnings Call Transcript

Chad Fugere - Vice President, Investor Relations Ian Mortimer - President and CEO Dr. Chris Kenney - Chief Medical Officer Dr. Chris Von Seggern - Chief Commercial Officer Sherry Aulin - Chief Financial Officer Paul Matteis - Stifel Leo Timashev - RBC Capital Markets Jason Gerberry - Bank of America Luke Hermann - Baird Tess Romero - JPMorgan Khalil Fenina - Goldman Sachs Alex Nackenoff - Raymond James Basma Radwan - Leerink Andrew Tsai - Jefferies Peyton Bohnsack - TD Cowen Tim Lugo - William Blair Mohit Bansal - Wells Fargo David Huang - Citigroup Thank you for standing by.
Read by 54% of LPs

seekingalpha.com 2 hours, 37 minutes ago

Sabra Health Care Reit, Inc. (sbra) Q1 2024 Earnings Call Transcript

Sabra Health Care REIT, Inc. (NASDAQ:SBRA) Q1 2024 Earnings Conference Call May 9, 2024 1:00 PM ET Lukas Hartwich - SVP, Finance Rick Matros - Chief Executive Officer, President & Chair of the Board Talya Nevo-Hacohen - Chief Investment Officer, Treasurer & Executive Vice President Michael Costa - Chief Financial Officer Austin Wurschmidt - KeyBanc Joshua Dennerlein - Bank of America Michael Griffin - Citigroup Vikram Malhotra - Mizuho Rich Anderson - Wedbush Michael Stroyeck - Green Street Good day everyone. My name is Katherine and I will be your conference operator today.
Read by 58% of LPs

vcnewsdaily.com 3 hours, 27 minutes ago

Arkeabio Secures $26.5M In Series A Funding

BOSTON, MA, ArkeaBio, a leading ag-biotech start-up announced the close of a $26.5 million Series A financing round.
Read by 41% of LPs

alleywatch.com 3 hours, 37 minutes ago

The Alleywatch Startup Daily Funding Report: 5/9/2024 - Alleywatch

The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 5/9/2024 featuring funding details for Provable Markets, Liquid Diamonds, and much more.
Read by 39% of LPs

nytimes.com 4 hours, 7 minutes ago

At A Dinner, Trump Assailed Climate Rules And Asked $1B From Big Oil - The New York Times

At a private meeting at Mar-a-Lago, the former president said fossil fuel companies should donate to help him beat President Biden.
Read by 72% of LPs

venturebeat.com 5 hours, 7 minutes ago

Triomics Taps Llms To Accelerate Cancer Care, Raises $15M

In tests, Triomics' OncoLLM outperformed larger open-source and proprietary LLMs at patient-trial matching and rivaled qualified medical experts and GPT-4.
Read by 40% of LPs

seekingalpha.com 5 hours, 37 minutes ago

Royal Gold, Inc. (rgld) Q1 2024 Earnings Call Transcript

Alistair Baker - Vice President, Investor Relations & Business Development Bill Heissenbuttel - President & Chief Executive Officer Martin Raffield - Senior Vice President of Operations Paul Libner - Chief Financial Officer & Treasurer Randy Shefman - Senior Vice President and General Counsel Dan Breeze - Senior Vice President, Corporate Development of RG AG Hello, and welcome to the Royal Gold 2024 First Quarter Conference. My name is Chad, and I'll be your moderator today. All lines will be muted during the presentation of the call with the opportunity to questions and answers at the end.
Read by 49% of LPs

benzinga.com 5 hours, 37 minutes ago

Hilco Real Estate Sales Announces Bankruptcy Sale Of Twentyfour25 Office Building In Houston, Texas (galleria)

NORTHBROOK, Ill., May 9, 2024 /PRNewswire/ -- Hilco Real Estate Sales announces June 14, 2024, as the qualifying bid deadline for the Chapter 11 bankruptcy sale of the highly visible, Class A office building in Houston, Texas, TwentyFour25. The site, located at 2425 West Loop South, features an eleven-story building situated within the heart of Houston's premier retail and culinary hub, the Galleria. Sitting on 2.45+- AC, the building totals 284,896+- SF with a net 26,500 SF+- SF per floor.
Read by 49% of LPs

seekingalpha.com 5 hours, 37 minutes ago

General Electric: Vernova Spinoff Adds Growth Clarity, But Stock Fairly Priced (nyse:ge)

General Electric (NYSE:GE) recently completed its GE Vernova spinoff. In early April, holders of GE common stock received one share of GE Vernova common stock for every four shares held as of March 19. GE Vernova, which is the gas power and renewable energy business of the previous parent company, will now trade under the ticker GEV on the New York Stock Exchange. This move completes General Electric's plan to split into three separate entities, which was originally announced back in 2021. What's left under the GE ticker now is the aerospace operations of the portfolio.
Read by 75% of LPs