Newtek Business Services Stock News

BDC Newtek Business Services (NEWT) as announced a partial call on their 5.75% notes due 2024 (NEWTL). They will call $40,000,000 worth of the bonds (1.6 million shares). The company had previous noted the planned call but here is the official announcement. The call date is 12/29/2021. The post Newtek Business Services Calls Baby Bonds first appeared on Innovative Income Investor .

BOCA RATON, Fla., Dec. 09, 2021 (GLOBE NEWSWIRE) -- Newtek Business Services Corp .(Newtek or the Company), (NASDAQ: NEWT), an internally managed business development company (BDC), today announced that the Company has caused notices to be issued to the holders of its 5.75% Notes due 2024 (CUSIP No. 652526 609; NASDAQ: NEWTL) (the Notes) regarding the Companys exercise of its option to redeem $40,000,000 of the issued and outstanding Notes ($78,250,000 in aggregate principal amount outstanding) on December 29, 2021 (the Redemption Date). The Notes will be redeemed at 100% of their principal amount ($25 per Note), plus the accrued and unpaid interest thereon through, but excluding, the Redemption Date. A copy of the notice of redemption is attached to the Companys Current Report on Form 8-K as Exhibit 99.1 that was filed with the SEC on November 29, 2021, and can be accessed through the following link https://investor.newtekbusinessservices.com/node/16791/html .

October 24-December 3, 2021 readers mentioned 52 equities in their comments. Some lamented bad-news, so bad-news investments (rogues) mixed with (mostly) favorites. (Thus, these are the ReFa/Ro.).

Newtek (NEWT) possesses solid growth attributes, which could help it handily outperform the market.

While lower rates and pre-payments hurt the Zacks SBIC & commercial finance industry players, robust economic growth, impressive asset quality, and regulatory changes will keep aiding Main Street Capi

Newtek Business Services Corp. (NEWT) CEO Barry Sloane on Q3 2021 Results - Earning Call Transcript

Newtek Business Services (NASDAQ:NEWT) is set to give its latest quarterly earnings report on Monday, 2021-11-08. Here's what investors need to know before the announcement.

Deeply Discounted 8.3% Yield: TriplePoint BDC

Newtek has delivered a great performance for shareholders over the last 1 and 5 years. The latest dividend has gotten investors excited but next year will look rather different.

BOCA RATON, Fla., Oct. 20, 2021 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (Nasdaq: NEWT), an internally managed business development company (“BDC”), today announced that it will report

BOCA RATON, Fla., Sept. 29, 2021 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. (the “Company”) (Nasdaq: NEWT), an internally managed business development company (“BDC”), today announced

Newtek Business Services Corp. (NEWT) CEO Barry Sloane on Q2 2021 Results - Earnings Call Transcript

Newtek (NEWT) delivered earnings and revenue surprises of 55.84% and 67.60%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Shares of Newtek Business Services (NASDAQ:NEWT) moved higher in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share fell 12.41% year over year to $1.20, w

Represents a 55.2% Increase over the Third Quarter 2020 Dividend Represents a 55.2% Increase over the Third Quarter 2020 Dividend