Below are press releases from companies with preferred stock and baby bonds outstanding. Additionally, news of a more macro economic importance may be posted.
April 23, 2025 16:15 ET | Source: Alta Equipment Group
April 23, 2025 16:15 ET | Source: ARMOUR Residential REIT, Inc.
ARMOUR Residential REIT, Inc. Announces Q1 Results and March 31, 2025 Financial Position
April 23, 2025 16:05 ET | Source: Dynagas LNG Partners LP
Dynagas LNG Partners LP Declares Cash Distribution on Its Series A Preferred Units
April 23, 2025 13:25 ET | Source: XA Investments LLC
April 23, 2025 12:10 ET | Source: NewtekOne, Inc.
NewtekOne, Inc. Closes ALP Loan Securitization with Sale of $184 Million of Rated Notes
April 23, 2025 07:00 ET | Source: Stifel Financial Corporation
Stifel Reports First Quarter 2025 Results
I’m no accountant– but, the first two paragraphs of the KKR report leave me scratching my noggin.
I am not an accountant. KKR’s “provision for credit losses” and “realized loss on loan write-offs” sure bounces around quarter to quarter.
“The CECL allowance increased by $24.9 million, or ($0.36) per share, for the three months ended March 31, 2025 primarily due to additional reserves for watchlist loans in the multifamily and life science sectors.”
current expected credit loss (CECL)
I would assume not everything is going perfectly well… is how I interpret those first few paragraphs. Of course those numbers “beat” somehow according to expert’s estimates. Go figure.