Rithm Capital's preferred share RITM-A currently yields about 10.10% based on floating short-term rates, making it appealing for income-focused investors expecting rates to remain elevated or rise modestly. Trading just below the analyst's "Buy" range, RITM-A offers a reasonable risk-adjusted return near 10% annually, with limited downside outside major market shocks. The yield is tied to SOFR plus a spread, reflecting the shift from LIBOR. While not a no-brainer buy, it is a viable option for investors bullish on sustained higher short-term rates amid Federal Reserve policies favoring elevated rates.
Lowey Dannenberg, P.C. is investigating Hims & Hers Health, Inc. for allegedly sharing sensitive user health data, including medical histories and mental health info, with third parties without proper consent. This raises concerns about violations of...
Digital agency 9thCO completed a major digital transformation for DNRS, moving from a fragmented WordPress setup to a unified composable architecture. This upgrade centralizes user management, integrates key business tools like CRM and scheduling, an...
Willis Towers Watson, a global advisory firm, is poised for growth with a 25.3% potential stock upside, driven by new initiatives like KwantSure, a digital insurance sales channel for subcontractors, and a Geospatial Mortality Model to improve pensio...
AngioDynamics reported an 8% revenue increase to $86.6 million in Q4, driven by a 16.7% sales rise in its Med Tech division, notably from NanoKnife and AlphaVac products. H.C. Wainwright raised the price target from $16 to $19 and maintained a Buy ra...
PNC Financial Services Group reported Q2 2026 adjusted EPS of $4.85 and record revenue of $6.88 billion, surpassing analyst expectations. The growth was driven by a 15.5% rise in net interest income and a 31.4% increase in fee income, reflecting stro...
