Month: July 2019

KBRA Releases: Stein Mart Struggles to Find its Footing — KCP Examines CMBS Exposure

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) releases its Stein Mart Struggles to Find its Footing — KCP Examines CMBS Exposure special report, which examines CMBS exposure to the off-price, discount retailer. The company received a delisting notice from the…

Weingarten Realty Reports Strong Same Property NOI Growth and Rental Rate Increases

HOUSTON–(BUSINESS WIRE)–$WRI #NOI–Weingarten Realty (NYSE: WRI) announced today the results of its operations for the quarter ended June 30, 2019. The supplemental financial package with additional information can be found on the Company’s website under the Investor Relations tab. Second…

Hyatt Reports Second-Quarter 2019 Results

Total Management and Franchise Fees Expand Over 10% on Strong Net Rooms Growth CHICAGO–(BUSINESS WIRE)–Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) today reported second-quarter 2019 financial results. Net income attributable to Hyatt was $86 million, or $0.80 per…

EVERTEC Reports Second Quarter 2019 Results

Increases Annual Guidance Announces Pending Acquisition in Colombia for PlacetoPay Expands Citibank Regional Collection Platform to Mexico and Guatemala SAN JUAN, Puerto Rico–(BUSINESS WIRE)–EVERTEC, Inc. (NYSE: EVTC) (“Evertec” or the “Company”) today announced results for the second quarter ended June…

BlackRock Capital Investment Corporation Reports Financial Results for the Quarter Ended June 30, 2019, Declares Third Quarter Distribution of $0.14 per Share

GAAP Net Investment Income (“NII”) of $0.16 per share providing second quarter distribution coverage of approximately 91%. Net Asset Value (“NAV”) per share decreased 4.6% or $0.33 per share to $6.82 per share on a quarter-over-quarter basis. Net leverage of…

KBRA Assigns Preliminary Ratings to CarNow Auto Receivables Trust 2019-1

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (“KBRA”) assigns preliminary ratings to four classes of notes issued by CarNow Auto Receivables Trust 2019-1 (“CNART 2019-1”), a subprime auto asset-backed securities transaction. CNART 2019-1 contains approximately $132.1 million of receivables as of…

FAA and Kittyhawk IO Launch New B4UFLY App

New App Provides Real-Time Airspace Awareness for Drone Operators Across the United States SAN FRANCISCO & WASHINGTON–(BUSINESS WIRE)–Kittyhawk the market leader in drone software and the U.S. Department of Transportation’s Federal Aviation Administration (FAA) today introduced a new version of…

Product Innovation, Significant Customer Wins Position Talkdesk for Continued Industry Momentum In 2019

Talkdesk furthers leadership in the contact center industry with four major product announcements and new product updates with Spring 19 release Talkdesk announces several new products in the first half of 2019, all powered by Talkdesk iQ artificial intelligence Talkdesk…

Smartphone Shipments Decline 2.3% in the Second Quarter on Continued Challenges Across Most Major Regions, According to IDC

FRAMINGHAM, Mass.–(BUSINESS WIRE)–#Apple–Worldwide smartphones shipments declined 2.3% year over year in the second quarter of 2019 (2Q19) for the strongest quarterly performance since 2Q18, according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker. Smartphone…

KBRA Assigns Preliminary Ratings to Three Classes of New York Liberty Development Corp. Second Priority Liberty Revenue Refunding Bonds, Series 2019 (Bank of America Tower at One Bryant Park Project)

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to the following New York Liberty Development Corp. Second Priority Liberty Revenue Refunding Bonds, Series 2019 (Bank of America Tower at One Bryant Park Project): Class 1: AA- Class 2:…

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