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New York Community Bancorp, Inc.: Update after ratings upgrade

Our credit view of this issuer reflects its long history of low credit losses.

Michaels Companies, Inc. (The): Update to credit analysis

Our credit view of this issuer reflects its adequate liquidity, against its financial strategy risk given private equity ownership and very high funded leverage.

Moody's Ratings assigns a rating to one class of notes issued by Regat...

Moody's Ratings ("Moody's") has assigned a rating to one class of notes issued by Regatta XXVIII Funding Ltd. (the "Issuer" or "Regatta XXVIII"). Moody's rating action is as follows: U.S.$248,000,000 Class A-1 Senior Secured Floating Rate Notes due 2037 (the "Class A-1 Notes"), Definitive Rating...

Moody's Ratings places rating on the Ohio Community and Technical Coll...

Moody's Ratings (Moody's) has placed the programmatic rating on the Ohio Community and Technical College Credit Enhancement (OCTCCE) Program under review for downgrade, previously the outlook was stable. This rating action applies solely to the program. Moody's currently rates bonds issued by Ohio C...

 PRESS RELEASE

ContextLogic Completes Sale of Substantially All Operating Assets and ...

ContextLogic Completes Sale of Substantially All Operating Assets and Liabilities Associated with Wish to Qoo10 Transaction Enables Company to Preserve ~$2.7 Billion of Net Operating Losses (NOLs) Rishi Bajaj Appointed Chief Executive Officer; Four New Independent Directors Join Board of Directors SAN FRANCISCO, April 19, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (NASDAQ: WISH) (“ContextLogic” or the “Company”), today announced that it has completed its previously announced transaction with Qoo10 Pte. Ltd. (“Qoo10”). As disclosed, ContextLogic entered into an agreement to sell substant...

Moody's Ratings changes the outlook for WildBrain to stable; affirms B...

Moody's Ratings (Moody's) changed the outlook for WildBrain Ltd. (WildBrain) to stable from positive. At the same time, Moody's Ratings affirmed the B3 corporate family rating (CFR), B3-PD probability of default rating (PDR), and B2 rating on the senior secured bank credit facilities. Moody's Rating...

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Ultrapar Participacoes S.A. and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 11 April 2024 in which Moody's reassessed the appropriateness of the ratings in...

 PRESS RELEASE

Voxtur Engages ICP Securities Inc. for Automated Market Making Service...

Voxtur Engages ICP Securities Inc. for Automated Market Making Services TORONTO and TAMPA, Fla., April 19, 2024 (GLOBE NEWSWIRE) -- (TSXV: VXTR; OTCQB: VXTRF), a North American technology company creating a more transparent and accessible real estate lending ecosystem, is pleased to announce that it has engaged the services of ICP Securities Inc. ("ICP") to provide automated market making services, including use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. ICP will receive a fee of...

 PRESS RELEASE

Oak Valley Bancorp Reports 1st Quarter Results

Oak Valley Bancorp Reports 1st Quarter Results OAKDALE, Calif., April 19, 2024 (GLOBE NEWSWIRE) -- Oak Valley Bancorp (NASDAQ: OVLY) (the “Company”), the bank holding company for Oak Valley Community Bank and their Eastern Sierra Community Bank division, recently reported unaudited consolidated financial results for the first quarter of 2024. For the three months ended March 31, 2024, consolidated net income was $5,727,000, or $0.69 per diluted share (EPS). This compared to consolidated net income of $5,865,000, or $0.71 EPS, for the prior quarter and $9,225,000, or $1.12 EPS, for the sam...

Financial Institutions – Peru: Peru's new pension withdrawal shrinks a...

A seventh withdrawal and others that may come, will continue to shrink asset pool for fund managers and lower liquidity and domestic market access for banks in Peru.

 PRESS RELEASE

Millicom (Tigo) share repurchase activity  

Millicom (Tigo) share repurchase activity   Millicom (Tigo) share repurchase activity Luxembourg, April 19, 2024 – Pursuant to the share repurchase program announced on December 15, 2023, Millicom repurchased 38,891 of its Swedish Depository Receipts (SDRs) between April 15, 2024 and April 19, 2024, as detailed in the table below. Trade DateNumber of SDRs repurchasedDaily average price paid* (SEK) Daily repurchase amount* (SEK)04/15/20249,279218.21632,024,82904/16/20248,720216.21501,885,39504/17/20248,720215.31721,877,56604/18/20245,172218.05301,127,77004/19/20247,000217.83541,524,848 * E...

 PRESS RELEASE

Celularity Inc. Announces Receipt of Nasdaq Notice Regarding Late Form...

Celularity Inc. Announces Receipt of Nasdaq Notice Regarding Late Form 10-K Filing FLORHAM PARK, N.J., April 19, 2024 (GLOBE NEWSWIRE) --  (NASDAQ: CELU) (the “Company”), a regenerative medicine company developing placental-derived allogeneic cell therapies and advanced biomaterial products, announced today that on April 17, 2024, the Company received notification from the Listing Qualifications department of the Nasdaq Stock Market LLC (“Nasdaq”) stating that because the Company has not yet filed its Annual Report on Form 10-K for the year ended December 31, 2023, it is no longer in comp...

Government of Bahamas – B1 stable: Regular update

Our credit view of the Bahamas reflects its high GDP per capita compared with peers, offset by its relatively high government debt and interest burdens.

Moody's Ratings affirms ON Semiconductor's Ba1 CFR; changes outlook to...

Moody's Ratings (Moody's) affirmed ON Semiconductor Corporation's (ON Semi) Ba1 Corporate Family Rating (CFR), Ba1-PD Probability of Default Rating (PDR), and Ba2 rating on the senior unsecured notes. Moody's SGL-1 Speculative Grade Liquidity (SGL) rating is unchanged. The outlook was revised to pos...

 PRESS RELEASE

Wrap Technologies Receives Nasdaq Notification of Non-Compliance with ...

Wrap Technologies Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1) MIAMI, April 19, 2024 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (“Wrap” or the “Company”), the makers of BolaWrap and the innovative public safety solutions platform powered by artificial intelligence (“AI”), virtual reality and data, today reports that it has received a letter from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is not in compliance with the requirements of Nasdaq Listing Rule 5250(c)(1) as a result o...

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Togo and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 11 April 2024 in which Moody's reassessed the appropriateness of the ratings in the context of the rel...

 PRESS RELEASE

IHT S-3 OPENS DOORS FOR DIVERSIFICATION CAPITAL INFUSION

IHT S-3 OPENS DOORS FOR DIVERSIFICATION CAPITAL INFUSION Phoenix, AZ, April 19, 2024 (GLOBE NEWSWIRE) -- InnSuites Hospitality Trust (NYSE American: IHT) IHT management announces Filing an S-3, allowing the potential to offer and sell up to 1,000,000 shares of IHT common stock, without par value (“Common Stock”), of the Company. The S-3 prospectus includes the details as it relates to shares of IHT Common Stock that may be offered and issued from time to time. The amount of gross proceeds received will depend upon the number of shares issued, and the market price of the Common Stock at...

Moody's Ratings upgrades rating on one class and downgrades one class ...

Moody's Ratings (Moody's) has upgraded  the rating on the following notes issued by Canyon Capital CLO 2014-1, Ltd.: U.S.$44,000,000 Class A-2-R Senior Secured Floating Rate Notes due 2031, Upgraded to Aa1 (sf); previously on January 30, 2018 Definitive Rating Assigned Aa2 (sf) Moody's has also ...

State and Local Government – California: CalPERS ends automatic risk m...

CalPERS, the largest US public pension system, has backed off a long-standing policy that automatically reduced its investment risk-taking following years with strong investment performance.

Moody's Ratings revises the outlook of Summit Public Schools Obligated...

Moody's Ratings has revised the outlook of Summit Public Schools Obligated Group, CA to positive from negative. Concurrently, the obligated group's Ba3 revenue bond rating has been affirmed. The Ba3 rating and positive outlook affect roughly $10.4 million outstanding charter school revenue bonds. ...

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