03:25 PM EDT, 03/15/2024 (MT Newswires) -- Granite Point Mortgage Trust's ( GPMT ) dividend cut reflects the near-to-intermediate term drag on earnings power from the increased level of non-accrual assets, UBS Securities said in a report emailed Friday. Granite Point on Thursday cut its quarterly common-stock dividend to $0.15 a share from $0.20. Management expects near-term earnings (before realized...

03:26 PM EDT, 03/15/2024 (MT Newswires) -- United States Steel's ( X ) acquisition by Nippon Steel will have drastic consequences on the domestic workers and enforcement of trade laws, Senator Sherrod Brown wrote in a letter to President Joe Biden and Secretary of Commerce Gina Raimondo Friday. The transaction will also negatively impact the security of the country's industrial...

March 15 (Reuters) - CTRL Group Limited: * CTRL GROUP LIMITED FILES FOR US IPO- SEC FILING * CTRL GROUP LIMITED: HAVE APPLIED TO LIST ORDINARY SHARES ON NASDAQ UNDER THE SYMBOL MCTR * CTRL GROUP LTD - REVERE SECURITIES AND PACIFIC CENTURY SECURITIES, LLC ARE UNDERWRITERS TO IPO Source text for Eikon: Further company coverage: [ ] ...

03:28 PM EDT, 03/15/2024 (MT Newswires) -- (Updates with price move in the headline and first paragraph) Graphjet Technology (GTI) shares rose nearly 4% in recent Friday trading on its Nasdaq debut following its merger with blank-check Energem (ENCP, ENCPW). Trading volume was more than 56,000 shares so far, with the stock having traded within the range of $11.90 to...