The Small Business Administration (SBA) has clarified its policy on rejecting loan guarantees for businesses with investors previously involved in defaulted SBA loans. The new guidance narrows the crackdown to non-controlling minority investors who meet strict criteria, including owning less than 20% of a defaulted business and having no control or guarantor role. A case-by-case waiver process has been introduced, allowing some investors to remain eligible for SBA loans, easing fears in the investment community. The policy aims to restore program integrity while supporting small business access to capital, but questions remain about waiver approval rates and processing times.
The Hanover Insurance Group announced a quarterly dividend of $0.95 per common share, payable on June 26, 2026, to shareholders of record as of June 12, 2026. This dividend reflects the company's ongoing commitment to returning value to shareholders....
Alexandria Real Estate Equities announced a quarterly cash dividend of $0.72 per common share for Q2 2026, payable on July 15 to shareholders of record as of June 30. This dividend matches the previous quarter's payout and supports the company's stro...
Parex Resources has finalized its acquisition of Frontera Energy's Colombian exploration and production assets for $500 million, making it the largest independent oil and gas producer in Colombia. The deal, funded by senior unsecured notes and debt a...
zSpace, Inc. has converted over $12 million of its outstanding debt into equity through agreements with two lenders, significantly improving its financial position. Fiza Investments converted about $10 million in debt into common and preferred stock ...
Nvidia unveiled new ARM-based hardware at Computex 2026, including the "Vera" CPU designed for AI and data centers. Jim Cramer praised the move, calling it a major positive for ARM Holdings, whose stock has surged over 200% this year. Nvidia is shift...
