Columbia Bank announced the pricing of $250 million in subordinated notes with an initial fixed interest rate of 6.721%, payable semi-annually. The notes mature in 2036 and will qualify as Tier 2 capital, helping the bank support growth and maintain capital adequacy. Proceeds will also be used to return capital to the parent company, Columbia Banking System, which plans to redeem certain trust preferred securities. The offering is expected to close on September 18, 2026, and the notes are unsecured and subordinated to senior debt.
Douglas Thompson, Chief Operating Officer of CAVA, purchased 6,500 shares of the company valued at $432,000. This insider buying could signal confidence in CAVA's future prospects. Investors often view such purchases as a positive sign, potentially i...
Blackrock Silver Corp. has received conditional approval to list its common shares on the Toronto Stock Exchange (TSX), moving from the TSX Venture Exchange. This upgrade broadens its access to institutional investors and aligns it with higher govern...
The Franklin FTSE Japan ETF (FLJP) is recommended as a buy due to Japan's strong equity performance, wage growth exceeding inflation, and significant consumer sector exposure. Japan's lower borrowing costs and a weakening US dollar enhance FLJP's app...
VanadiumCorp Resource Inc. has entered the third year of its research partnership with Université de Sherbrooke, focusing on mineral processing of vanadiferous titanomagnetite from its Lac Doré property in Québec. This ongoing research aims to deepen...
Sabre Corporation announced a $1.1 billion offering of senior secured notes through its subsidiary Sabre Financial Borrower, LLC. The proceeds will be used to fund an intercompany loan to Sabre GLBL, Inc., which will prepay existing debt, allowing Sa...
