Mortgage REITs Two Harbors Investment (TWO), Cherry Hill Mortgage Investment (CHMI), and Invesco Mortgage Capital (IVR) each face different futures despite being lumped together by income investors. TWO is winding down through a merger with CrossCountry Mortgage at $12 per share, ending its yield story. CHMI is being acquired by TPG Mortgage Investment Trust (MITT) in a stock-plus-cash deal, with investors effectively betting on MITT’s stock rather than CHMI’s cash flow. IVR remains an active Agency MBS operator, growing its portfolio and paying a high monthly dividend yield of 19%, but carries prepayment risk tied to market volatility. These differences highlight that owning all three does not diversify mortgage REIT exposure but mostly represents merger arbitrage plays.
Angkor Resources has completed the first phase of its diamond drilling program at the Andong Bor copper-gold target in Cambodia, finishing 1,099 meters out of a planned 2,800 meters. The initial drilling encountered promising porphyry and skarn miner...
Instacart and Foot Locker have partnered to offer customers nationwide access to Foot Locker, Kids Foot Locker, and Champs Sports products through the Instacart Marketplace. Shoppers can now get footwear, apparel, and accessories delivered in as fast...
Kyndryl received the 2026 CIO 100 Award for its AI-powered change risk prediction feature in Kyndryl Bridge, which helps predict and prevent technology change risks before they cause service outages. This patented innovation combines AI, automation, ...
Constellation Brands (STZ) has been upgraded to a 'Strong Buy' rating due to its attractive valuation, strong fundamentals, and market overreaction to Berkshire Hathaway's exit. The company's beer segment, led by Modelo and Corona, accounts for 94% o...
Blende Silver Corp. has mobilized its drill crew to begin the first phase of drilling at its 100%-owned Blende Silver-Zinc-Lead Project in Yukon. The initial drill holes, expected to start within 10 days, will target large 3D induced polarization (IP...
