(RTTNews) - Dime Community Bancshares, Inc. (DCOM), the parent company of Dime Community Bank, reported fourth quarter net income available to common stockholders of $30.0 million, or $0.68 per common share, compared to a net loss available to common stockholders of $22.2 millio
(RTTNews) - Dime Community Bancshares, Inc. (DCOM), the parent company of Dime Community Bank, reported fourth quarter net income available to common stockholders of $30.0 million, or $0.68 per common share, compared to a net loss available to common stockholders of $22.2 millio
Welcome to Going Private , I’m Sinead Cruise and this is Bloomberg’s twice-weekly newsletter about private markets and the forces moving capital away from the public eye. Today, we look the nascent interest in emerging market private credit, the new UK stock market listings rules aimed at encouraging private equity exits and how some SRT investors are cashing in on US commercial property nerves. B...
Welcome to Going Private , I’m Sinead Cruise and this is Bloomberg’s twice-weekly newsletter about private markets and the forces moving capital away from the public eye. Today, we look the nascent interest in emerging market private credit, the new UK stock market listings rules aimed at encouraging private equity exits and how some SRT investors are cashing in on US commercial property nerves. But first, a timely conversation about risks and rewards at Davos. If you’re not already on our list, sign up here . Have feedback? Email us at goingprivate@bloomberg.net Davos drum beat Private credit investors convening at the Swiss mountain resort of Davos this week are on edge. Not because they fear a sudden regulatory crackdown or fundraising freeze but because it’s tougher than ever to get paid for taking risk. Ever since JPMorgan CEO Jamie Dimon warned of “cockroaches” lurking in corporate credit markets, the world has been waiting for a wave of company meltdowns to punish lenders pumping fortunes into dubious firms on reckless terms. Months later, the dam is still intact. Default rates remain modest and allocators are directing more money to private credit , driving down spreads and squeezing returns direct lenders have promised their backers. Panelists addressing the theme of private credit resilience at the World Economic Forum on Tuesday were confident the sector would continue to expand and mature. Returns, however, were harder to predict, they said. “The more interesting question is are you really getting paid for the risk? [Private credit] might be an interesting proposition but does it actually suit your book in terms of the reward you make on the risk you are taking?” asked Jo Taylor , the chief executive officer of the Ontario Teachers’ Pension Plan . Rising tensions between the US and Europe over Greenland and a selloff in Japanese bonds have cast a pall over a frenetic January for global credit. Several companies on both sides of the Atlantic have paused n...
Hong Kong has allocated land within its Northern Metropolis to build elite fencing, sports and recreation venues with observers saying the initiative must balance top-level athlete training with convenient access for residents. In a written reply to lawmaker Kenneth Fok Kai-kong on Wednesday, Secretary for Culture, Sports and Tourism Rosanna Law Shuk-pui confirmed that the government had earmarked...
Hong Kong has allocated land within its Northern Metropolis to build elite fencing, sports and recreation venues with observers saying the initiative must balance top-level athlete training with convenient access for residents. In a written reply to lawmaker Kenneth Fok Kai-kong on Wednesday, Secretary for Culture, Sports and Tourism Rosanna Law Shuk-pui confirmed that the government had earmarked strategic sites in the Northern Metropolis specifically for top-tier fencing training and...
The 19-year-old is in advanced talks about moving to the south coast and will help the Cherries replace Antoine Semenyo, who joined Manchester City last week.
The 19-year-old is in advanced talks about moving to the south coast and will help the Cherries replace Antoine Semenyo, who joined Manchester City last week.
Private markets are booming as investors seek equity in buzzy startups like OpenAI and SpaceX while IPOs remain scarce. The post OpenAI, SpaceX Shares In Demand. Private Markets Boom As Investors Chase Next Nvidia. appeared first on Investor's Business Daily .
Private markets are booming as investors seek equity in buzzy startups like OpenAI and SpaceX while IPOs remain scarce. The post OpenAI, SpaceX Shares In Demand. Private Markets Boom As Investors Chase Next Nvidia. appeared first on Investor's Business Daily .
League wants tournament dates switched to summer Clubs and players believed to be opposed to schedule The inaugural Women’s Club World Cup’s January 2028 dates “could be catastrophic”, the Women’s Super League has said, with the league raising serious concerns over the potential impact of the tournament on domestic calendars. A WSL spokesperson said on Wednesday that the league is firmly against t...
League wants tournament dates switched to summer Clubs and players believed to be opposed to schedule The inaugural Women’s Club World Cup’s January 2028 dates “could be catastrophic”, the Women’s Super League has said, with the league raising serious concerns over the potential impact of the tournament on domestic calendars. A WSL spokesperson said on Wednesday that the league is firmly against the dates and have made their case strongly to Fifa, who have announced that the competition will be held from 5–30 January 2028. Continue reading...
Scale and speed of president’s moves have stunned observers of authoritarian regimes – is the US in democratic peril? Three hundred and sixty five days after Donald Trump placed his hand on the Bible and completed an extraordinary return to power, many historians, scholars and experts say his presidency has pushed American democracy to the brink – or beyond it. In the first year of Trump’s second ...
Scale and speed of president’s moves have stunned observers of authoritarian regimes – is the US in democratic peril? Three hundred and sixty five days after Donald Trump placed his hand on the Bible and completed an extraordinary return to power, many historians, scholars and experts say his presidency has pushed American democracy to the brink – or beyond it. In the first year of Trump’s second term, the democratically elected US president has moved with startling speed to consolidate authority: dismantling federal agencies , purging the civil service , firing independent watchdogs , sidelining Congress , challenging judicial rulings , deploying federal force in blue cities , stifling dissent , persecuting political enemies , targeting immigrants , scapegoating marginalized groups , ordering the capture of a foreign leader, leveraging the presidency for profit , trampling academic freedom and escalating attacks on the news media. Continue reading...
China ramped up its exports to Africa last year, widening its trade surplus with the continent by 64.5 per cent to a record US$102 billion, according to Chinese customs figures. The jump in the trade gap – up from US$62 billion the previous year – was driven by a 25.8 per cent surge in Chinese exports to the continent to US$225 billion, far outpacing the 5.4 per cent growth in African shipments to...
China ramped up its exports to Africa last year, widening its trade surplus with the continent by 64.5 per cent to a record US$102 billion, according to Chinese customs figures. The jump in the trade gap – up from US$62 billion the previous year – was driven by a 25.8 per cent surge in Chinese exports to the continent to US$225 billion, far outpacing the 5.4 per cent growth in African shipments to China to US$123 billion, according to the latest data from China’s General Administration of...
Homes under construction in Palm Beach Gardens, Florida, US, on Thursday, Jan. 8, 2025. Zak Bennett | Bloomberg | Getty Images Mortgage refinancing jumped sharply higher for the second straight week, as interest rates fell further, but that boom may be about to bust. Interest rates are now moving much higher. Last week, applications to refinance a home loan rose 20% compared with the previous week...
Homes under construction in Palm Beach Gardens, Florida, US, on Thursday, Jan. 8, 2025. Zak Bennett | Bloomberg | Getty Images Mortgage refinancing jumped sharply higher for the second straight week, as interest rates fell further, but that boom may be about to bust. Interest rates are now moving much higher. Last week, applications to refinance a home loan rose 20% compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index. Applications were 183% higher than the same week one year ago. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $832,750 or less, decreased to 6.16% from 6.18%, with points decreasing to 0.54 from 0.56, including the origination fee, for loans with a 20% down payment. That is the lowest rate since September 2024. "Mortgage rates declined further last week, driving another big week for refinance applications, which saw the strongest level of activity since September 2025," said Joel Kan, MBA's vice president and deputy chief economist. "These lower rates prompted greater refinance activity from conventional and VA refinance borrowers, with increases of 29 percent and 26 percent, respectively. Refinance applications accounted for more than 60 percent of applications, and the average loan size also moved higher." Get Property Play directly to your inbox CNBC's Property Play with Diana Olick covers new and evolving opportunities for the real estate investor, delivered weekly to your inbox. Subscribe here to get access today . Rates initially dropped the week before last, after President Donald Trump said he would make mortgage giants Fannie Mae and Freddie Mac buy $200 billion of mortgage-backed bonds. Rates only fell 9 basis points across the two weeks, but the focus on it in the news may have caused an outsized reaction. The 30-year fixed was 86 basis points lower year-over-year. Applications for a mortgage to purchase a home rose 5% for the week and ...
AZIO AI, a next-generation artificial intelligence and high-performance computing infrastructure platform, and Envirotech Vehicles, Inc. (NASDAQ: EVTV) ("EVTV"), today announced continued execution of a scalable AI infrastructure program designed to support sustained, real-world compute workloads using purpose-built cooling systems, self-owned behind-the-meter power, and modular deployment archite...
AZIO AI, a next-generation artificial intelligence and high-performance computing infrastructure platform, and Envirotech Vehicles, Inc. (NASDAQ: EVTV) ("EVTV"), today announced continued execution of a scalable AI infrastructure program designed to support sustained, real-world compute workloads using purpose-built cooling systems, self-owned behind-the-meter power, and modular deployment architecture.
On a blustery afternoon late last year, on the lawn just outside City Hall in Rowlett, Texas, a strange-looking craft cleared the trees just before me. It hovered overhead for a moment before lowering a second craft on a thin rope all the way to a parched patch of grass. The little, white thing deposited a brown paper payload, then rode its tether back up to its waiting mothership, which turned an...
On a blustery afternoon late last year, on the lawn just outside City Hall in Rowlett, Texas, a strange-looking craft cleared the trees just before me. It hovered overhead for a moment before lowering a second craft on a thin rope all the way to a parched patch of grass. The little, white thing deposited a brown paper payload, then rode its tether back up to its waiting mothership, which turned and left. The experience lasted less than 30 seconds. This wasn't some UFO experience. This was a Zipline drone delivery, out in the real world, and that payload was my lunch. It was just one of the two million such deliveries this company has made s … Read the full story at The Verge.
I'm not sure anyone saw this news coming, but the TV landscape as we know it could change considerably over the next year or two. Sony, the storied Japanese TV brand, has announced that it has signed a memorandum of understanding with its Chinese competitor TCL. This potential partnership - with TCL set to hold a 51 percent stake and Sony 49 percent - has prompted speculation across the internet a...
I'm not sure anyone saw this news coming, but the TV landscape as we know it could change considerably over the next year or two. Sony, the storied Japanese TV brand, has announced that it has signed a memorandum of understanding with its Chinese competitor TCL. This potential partnership - with TCL set to hold a 51 percent stake and Sony 49 percent - has prompted speculation across the internet and I'm sure many meetings at a couple of other TV companies in South Korea. Before we get too apocalyptic and proclaim the end of Sony TVs, it's important to understand that this isn't a done deal. The memorandum of understanding indicates that the … Read the full story at The Verge.
The state partnered with a nonprofit to wipe out the debts. It also has a plan in place to prevent medical debt for people in specific income brackets. (Image credit: Gary D. Robertson)
The state partnered with a nonprofit to wipe out the debts. It also has a plan in place to prevent medical debt for people in specific income brackets. (Image credit: Gary D. Robertson)