Fidus Investment, a private credit business development company focused on first lien loans, reported a 23% year-over-year increase in net investment income and a 125% dividend coverage ratio in Q1. Its portfolio value grew 19% to $1.37 billion, bucking the trend of shrinking portfolios in the BDC sector. The company’s equity exposure adds potential upside to net investment income, and its shares trade near net asset value, reflecting market confidence in its dividend stability and low risk to net asset value. This strong performance highlights Fidus’s robust balance sheet and improving dividend profile amid a challenging market environment.
Shirofune has introduced Walmart Connect, an integration that allows advertisers and agencies to manage Walmart retail media campaigns alongside other digital channels within a single platform. This automation reduces manual bid adjustments and repor...
Purecore Metals Inc. has signed a non-binding letter of intent with Skyharbour Resources to acquire an option to earn up to 100% interest in the Yurchison uranium property in Saskatchewan's Athabasca Basin. The property covers over 35,000 hectares an...
Point completed a $508.6 million rated asset-backed securitization of its Home Equity Investment (HEI) assets, marking the largest transaction ever in the HEI asset class. The deal attracted over 30 institutional investors and priced at significantly...
The global reactive hot melt adhesives market is projected to grow from $2.02 billion in 2025 to $4.29 billion by 2035, at a CAGR of 7.72%. Growth is driven by regulations limiting solvent-based adhesives, increased use of polyurethane adhesives in a...
Industrial Development Funding (IDF) and Oaktree have committed $1.7 billion to support Bloom Energy's fuel cell technology for building AI cloud infrastructure for Nebius. This project will provide dedicated behind-the-meter power to meet the high c...
