Finance News

Discover the latest in finance with press releases highlighting industry news, trends, and innovations shaping financial management and investment strategies. Explore opportunities in capital markets, personal finance, and financial planning.

Sep 19, 2025 at 10:15 PM

California Housing Finance Agency Welcomes Tony Sertich as Its New Executive Director

SACRAMENTO, Calif.--(BUSINESS WIRE)--Tony Sertich has been appointed Executive Director of the California Housing Finance Agency. He has extensive experience in housing and finance....
Sep 19, 2025 at 8:09 PM

Five Point Announces Expiration and Results of Cash Tender Offer for Any and All Outstanding 10.500% Initial Rate Senior Notes Due 2028

IRVINE, Calif.--(BUSINESS WIRE)--Five Point Holdings, LLC (“Five Point”) (NYSE: FPH) announced today that the cash tender offer (the “Offer”) commenced on September 15, 2025 to purchase any and all of the outstanding 10.500% Initial Rate Senior Notes due 2028 (the “Notes”), co-issued by Five Point Operating Company, LP, a Delaware limited partnership, and Five Point Capital Corp., a Delaware corporation (each, an “Offeror” and together, the “Offerors”), expired at 5:00 p.m. New York City Time o...
Sep 19, 2025 at 6:39 PM

Guild Mortgage Rolls out Promise of Home Homebuyer Readiness Fairs to Directly Equip Consumers With Homeownership Essentials

SAN DIEGO--(BUSINESS WIRE)--Guild Mortgage, a nationally recognized retail mortgage lender, has launched groundbreaking Homebuyer Readiness Fairs as part of its Promise of Home initiative to bring housing solutions into the hands of consumers nationwide. Co-hosted alongside CBC Mortgage Agency (CBCMA), a federally charted Native American-owned housing finance agency, Homebuyer Readiness Fairs provide aspiring homeowners with face-to-face resources and targeted problem solving to combat homebuyi...
Sep 19, 2025 at 5:30 PM

Franklin Templeton Announces Plan to Liquidate Putnam BioRevolution™ ETF

SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Templeton today announced it will liquidate and dissolve Putnam BioRevolution™ ETF (SYNB). The liquidation is anticipated to occur on or about November 21, 2025, although the Fund may make dispositions of portfolio holdings prior to the liquidation date. Effective as of the close of business on October 24, 2025, the Fund will no longer accept orders for the purchase of creation units, and effective as of the close of business on November 13, 2025, th...
Sep 19, 2025 at 5:21 PM

BitGo Holdings Announces Public Filing of Registration Statement for Initial Public Offering

NEW YORK--(BUSINESS WIRE)--BitGo Holdings, Inc. (“BitGo”) announced today that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (“SEC”) relating to the proposed underwritten initial public offering of shares of its Class A common stock. The timing of the offering, number of shares of Class A common stock to be offered and the price range for the proposed offering have not yet been determined. The shares of Class A common stock to be off...
Sep 19, 2025 at 5:15 PM

The Marygold Companies Reports Financial Results For Fiscal Year and Fourth Quarter Ended June 30, 2025

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--The Marygold Companies, Inc. (the “Company”) (NYSE American: MGLD), a diversified global holding firm, today reported financial results for the fiscal year and fourth quarter ended June 30, 2025. Revenue for the 2025 fiscal year amounted to $30.2 million, compared with $32.8 million, for the 2024 fiscal year. The Company sustained a net loss of $5.8 million, equal to a net loss of $.14 per share, versus a net loss of $4.1 million, or a net loss of $0.10 pe...
Sep 19, 2025 at 5:00 PM

Dynex Capital, Inc. Announces Corrections to Previously Announced Dividends on Series C Preferred Stock

GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. (NYSE: DX) announced today a corrected dividend amount for the third quarter 2025 cash dividend on outstanding shares of its Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”) (NYSE: DXPRC), originally declared on September 11, 2025. The corrected cash dividend of $0.64147 is payable on October 15, 2025, to holders of record as of October 1, 2025. In addition, the Company announced a correc...
Sep 19, 2025 at 5:00 PM

Mogo Applies to Extend the Expiry Date of Certain Warrants

VANCOUVER, British Columbia--(BUSINESS WIRE)--Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital wealth, payments and Bitcoin company, today announced that it has applied to the Toronto Stock Exchange (the “TSX”) to extend the expiry date of 77,778 common share purchase warrants issued to Postmedia Networks Inc. (the “Warrants”). The Warrants were issued pursuant to a marketing collaboration agreement between the companies and are currently set to expire on September 20, 20...
Sep 19, 2025 at 4:35 PM

DWS Municipal Income Trust Announces Results of Annual Meeting of Shareholders

NEW YORK--(BUSINESS WIRE)--DWS Municipal Income Trust (NYSE: KTF) (the “Fund”) announced today the results of the Annual Meeting of Shareholders for the Fund held on September 19, 2025 at the offices of DWS Investment Management Americas, Inc., 100 Summer Street, Boston, Massachusetts. A quorum of shareholders was present and the Class II Trustee nominee (Ms. Catherine Schrand) and preferred share Trustee nominees (Mr. Keith R. Fox and Mr. Chad D. Perry) received a sufficient number of votes fr...
Sep 19, 2025 at 4:30 PM

IDACORP Increases Common Stock Dividend

BOISE, Idaho--(BUSINESS WIRE)--IDACORP, Inc. (NYSE: IDA) announced today that its board of directors approved an increase in the regular quarterly cash dividend on IDACORP’s common stock to $0.88 per share. At the new rate, the indicated dividend is $3.52 per share on an annual basis. “IDACORP’s Board of Directors has approved a dividend increase every year since 2011, resulting in a cumulative dividend increase of 193% and compound annual dividend growth rate of 7.4% since 2011,” said Lisa Gro...
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