Streetbeat News

Credit

UNIT

Uniti Group Inc. has announced the pricing of a $589 million fiber securitization notes offering through its subsidiaries. The notes, secured by fiber network assets, have a weighted average yield of 6.5% and are expected to close on February 3, 2025.

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January 17, 2025 | 11:30 pm

EMRAF

Emera Incorporated announced the expiration and settlement of its exchange offer for $500 million of 7.625% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2054. The offer expired on January 13, 2025.

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January 17, 2025 | 7:30 pm

HMC

The U.S. Consumer Financial Protection Bureau has ordered Honda's U.S. financing arm to pay $12.8 million for reporting inaccurate information that affected the credit reports of 300,000 drivers of Honda and Acura vehicles.

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January 17, 2025 | 5:00 pm

O

Realty Income is recommended to be retained in portfolios due to its diversification, strategic acquisitions, and strong balance sheet, despite concerns over tariffs and interest rate sensitivity.

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January 17, 2025 | 4:45 pm

USB

U.S. Bancorp reported strong Q4 '24 earnings, driven by robust core lending and stable net interest income. The bank's asset quality and profitability are solid, with stable credit provisions and a strong commercial real estate loan book.

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January 17, 2025 | 2:45 pm

OGE

OGE Energy is recommended for investment due to its promising earnings growth, effective debt management, and potential to enhance shareholder value.

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January 17, 2025 | 2:30 pm

FGPR

Ferrellgas Partners, L.P. has reached a settlement agreement with Eddystone Rail Company, resolving multiple litigations from 2017. This move is expected to strengthen Ferrellgas's financial certainty.

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January 17, 2025 | 2:15 pm

ARCO

Arcos Dorados Holdings Inc. announced a proposed offering of senior unsecured notes through its subsidiary, Arcos Dorados B.V., targeting qualified institutional buyers and non-U.S. persons.

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January 17, 2025 | 1:45 pm

LCFY

Locafy Limited has launched a Strategic Partner Program, transitioning from a reseller model to enhance revenue growth and reduce credit risk. The program includes a new partnership with Unique Point, a digital marketing agency.

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January 17, 2025 | 1:15 pm

ASCC

Seven Dividend Aristocrats are currently trading at 52-week lows, presenting a potential 34% upside by 2025 if they return to their historical fair value. These stocks have strong fundamentals, including a 2.1% yield, A-credit ratings, and a 41-year average dividend growth streak.

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January 17, 2025 | 12:15 pm