Oaktree Specialty Lending (OCSL) missed Q2 expectations due to a significant drop in net investment income, leading to a 25% cut in its regular dividend. Despite paying a supplemental dividend that reduced the effective cut to 15%, the company faces ongoing challenges with high non-accrual loans and subpar credit quality. OCSL shares trade at a 23% discount to NAV, reflecting elevated credit risk and weak loan origination trends, limiting near-term growth prospects. The forward dividend yield stands at 10%, based on the new regular dividend, with potential supplemental payments possibly increasing this yield.
Intrado introduced a new portfolio of AI-enabled, cloud-native emergency communication solutions designed to help Public Safety Answering Points (PSAPs) improve efficiency, resiliency, and reduce telecommunicator workload. The offerings include VIPER...
Faraday Future unveiled a new robotics lineup including the All-New Futurist humanoid robot and the FX Navi quadruped robot, priced at $1,990, targeting education and commercial markets. The humanoid robot features advanced motion control, 31 degrees...
Diana Shipping Inc. has increased its acquisition offer for Genco Shipping & Trading to $27.34 per share, consisting of $24.80 in cash plus one Diana share valued at $2.54. This revised offer represents a 53% premium over Genco's share price before t...
Meta Platforms has shifted its position to support the Kids Online Safety Act (KOSA), a bill aimed at improving online safety for children by overriding fragmented state AI laws and requiring age verification on app stores like Google and Apple. Prev...
Chicago Atlantic Real Estate Finance, a commercial mortgage REIT, announced a quarterly cash dividend of $0.47 per share for Q2 2026, payable on July 15, 2026. This dividend translates to an annualized rate of $1.88 per share. The dividend will be pa...
