SGB Sports Wed, 20 Oct 2021 20:27:18 +0000 en-US hourly 1 SGB Sports 32 32 KBRA assigns preliminary ratings to Octane Receivables Trust 2021-2 Wed, 20 Oct 2021 15:04:03 +0000

Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three categories of tickets issued by Octane Receivables Trust 2021-2 (“OCTL 2021-2”), an ABS powersports equipment loan transaction.

OCTL 2021-2 will issue three classes of notes totaling $ 340.0 million. The transaction is expected to be secured by approximately $ 340.0 million of fixed rate installment loans, made to senior and non-senior borrowers at the closing date. The preliminary ratings reflect the initial credit enhancement levels ranging from 16.75% for Class A Notes to 1.00% for Class C Notes.

Octane Lending, Inc. (“Octane” or the “Company”) enters into direct consumer loans and indirect retail contracts through powersports and outdoor power equipment dealers. Through its subsidiary Roadrunner Financial, Inc. (“Roadrunner”), the Company began offering financing products in June 2016. Octane partners with more than 40 original equipment manufacturer brands ( “OEM”) and provides financing to customers who purchase utility vehicles (“UTVs”), all-terrain vehicles (“ATVs”), cruisers, sports bikes, personal watercraft (“personal watercraft”), lawn mowers , dirt bikes, golf carts, classic bikes, tricycles, scooters and snowmobiles. Octane’s demographic includes a full spectrum of credit and includes primary and secondary debtors. The Company is headquartered in New York, New York and provides loan services through its indirect subsidiary, Roadrunner Account Services, LLC (“RAS”), located in Irving, Texas.

KBRA has applied its General Global Rating Methodology for Asset Backed Securities and its Global ABS Rating Methodology for Automotive Lending, as well as its Global Structured Finance Counterparty Methodology and Global ESG Rating Methodology as part of its analysis of the collateral pool underlying the transaction, the proposed capital structure, Static historical data from the Octane pool, 2008 Powersports credit bureau performance data used by Octane to compare its performance and static pool loss data for comparable auto finance companies. KBRA reviewed its operational review of Octane, which was conducted at its service center in Irving, Texas, as well as periodic update calls with the company. Operational agreements and legal opinions will be reviewed prior to closing.

Click on here to view the report. To access the assessments and relevant documents, click on here.

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Further information on key credit considerations, sensitivity analyzes that examine the factors that may affect these credit ratings and how they might lead to an upgrade or downgrade, and ESG factors (when they are a key factor in changing the credit rating or rating outlook) can be found in the full rating report referenced above.

A description of all substantially significant sources that were used to prepare the credit rating and information about the method (s) (including significant models and sensitivity analyzes of relevant key rating assumptions, if any) used to determine the credit rating is available in the information disclosure form (s) located here.

Information on the meaning of each rating category can be located here.

Further information relating to this rating measure is available in the information disclosure form (s) referenced above. Additional information regarding KBRA policies, methodologies, rating scales and disclosures can be found at

About KBRA

Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the United States Securities and Exchange Commission as NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a credit rating agency with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a credit rating agency with the UK Financial Conduct Authority under the temporary registration regime. In addition, KBRA is appointed as the designated rating agency by the Ontario Securities Commission for issuers of asset-backed securities to file a simplified prospectus or a shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a credit rating provider.

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Springfield Public Schools Seek Public Opinion Regarding New School Name, Eventually Honoring Former State Representative Benjamin Swan Wed, 20 Oct 2021 13:39:00 +0000

The Springfield Public School District is seeking public input regarding the Homer Street school name change.

The idea is to name it after former state representative Benjamin Swan.

“He is a giant, a legend and I would say the father of the civil rights movement in Springfield,” said State Representative Bud L. Williams.

A $ 95 million project aims to replace and consolidate Homer Street and DeBerry schools. The new school is expected to open in 2023.

DeBerry is expected to keep his name, which honors Reverend William DeBerry, a Springfield native and a civil rights leader. Williams, however, is hoping that Swan’s name will replace the Homer Street School name.

“We think it’s a fitting honor to have his name engraved on a building where children will see him for generations to come,” said Williams. “There are no words that do justice to what he represents for this community. His work speaks for itself. “

The district pointed out that Swan graduated from old technical high school, held several positions in the Springfield branch of the NAACP, and became the western Massachusetts coordinator of the March on Washington for Jobs and Freedom.

“He also organized the Springfield Chapter of the Racial Equality Congress and helped organize and lead a protest that arose out of an incendiary police incident in a living room in Winchester (now Mason) Square. In 1965, Swan paraded with Dr. Martin Luther King, Jr. in Selma, ”the statement read.

The district has since released a public poll regarding the name.

“With the exciting promise of a brand new school building for Homer Street School, the school committee is seeking public opinion on its initiative to rename the school in honor of State Representative Benjamin Swan. Please share with us your thoughts on our plans to honor State Representative Benjamin Swan, ”the poll reads.

The survey asks for information about your relationship with the school or city, your opinion, and space for additional comments.

The investigation will be open until Oct. 29, the district said.

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A new name for Facebook? Social networks are in trouble Wed, 20 Oct 2021 07:14:00 +0000 The edge reported that Facebook may soon change its name to focus on “building the metaverse.” The website said the name of the app and social media service could remain unchanged, but the parent company could be renamed. And, of course, the news sparked a plethora of reactions online.

The rebranding comes at a time when the social media company is coming under fire for its business practices. While a spokesperson for the company responded to the news by offering no “comment on rumor or speculation,” users online are voicing their opinions on the proposed rebranding.

While many companies in the past have changed their names or names to expand their services, many saw Facebook’s move as a way to distract from the existing issues it faces.

However, netizens also took the opportunity to share some hilarious memes and jokes. Some have suggested prefixing Facebook with “The”, to revert to its original name “TheFacebook” – the company was launched as “TheFacebook” on February 4, 2004, but “The” was subsequently discontinued.

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Pandemic validates telecommuting options for certain car dealerships Wed, 20 Oct 2021 01:22:00 +0000

About half of this year’s winning dealerships said they offered telecommuting as a standard practice. And more than half of the stores on the list said their telecommuting rates increased after the pandemic began in early 2020, with some reporting that half or more of employees were working from home, according to a survey by Best Companies Group. , who has compiled a list of the best dealers to work for. Those rates have since moderated, although nearly a quarter of winning dealerships reported staff still telecommuting at higher levels than before the pandemic began.

At Faulkner Subaru, BDC’s response time to customer queries is now five to 10 minutes, up from 30 minutes before the pandemic, Jones said, citing data from the store’s customer relationship management system.

The secret sauce? Using the Slack communication platform allows employees to quickly send messages even when they are busy. Previously, BDC agents were forced to wait, say, for a sales manager to pick up a phone call or end a meeting before getting questions answered, Jones said.

Beyond the BDC, two office workers continued to work remotely, meaning that about 10% of the store’s four dozen employees are now telecommuting, up from zero before the pandemic, Jones said.

Additionally, remote employees seem to communicate more than usual to compensate for not being able to talk face to face with coworkers.

Kim Stanley, regional human resources manager for Penske, said telecommuting can help attract and retain employees.

“We believe that we will have to continue to seek these kinds of opportunities in order to attract and retain team members in the future,” Stanley wrote in response to a survey of winners conducted by Automotive News.

Diana Kennedy, Managing Director of Volvo Cars Marin in San Rafael, Calif. Owned by Price Simms Family Dealerships, said: “I can certainly see us doing more as we grow up, but there are limits.

Two of the Volvo store employees – a marketing manager and a BDC agent – currently work from home. These jobs are suitable for remote work because they don’t require ongoing face-to-face interaction with colleagues, clients or suppliers, Kennedy said.

“Our marketing manager is just as productive as before, if not more,” she said. “She enjoys having the freedom to structure her day according to her needs and says it helps a lot when she can stop and walk around to regroup mentally. It’s hard to do in the store, where you are always. interrupted by curve balls. “

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Gardner wins three more midseason All-America accolades Tue, 19 Oct 2021 20:20:03 +0000

Zach Stipe

AD / Communication Associate

CINCINNATI – Junior cornerback Ahmad “Sauce” Gardner won three more midseason All-America honors on Tuesday, earning honors from Athleticism, Associated press and CBS Sports.

ESPN last week also selected the defensive back 6-3 for their mid-season squad.

Gardner, who is rarely tested and starts in the limit, has two interceptions to go with 16 tackles and two PBUs to lead the second-placed Bearcats to a 6-0 start in 2021.

According to Pro Football Focus, the Detroit, Mich. Native has given FBS an efficiency rating of 44.2 this season. Quarterbacks made just 8 of 18 passes for 47 yards while targeting him. He’s never allowed a touchdown pass in his three-season career.

Gardner is the leader in Cincinnati’s top-ranked pass defense. The Bearcats lead the nation in defense of passing efficiency (87.9) and allow opposing quarterbacks to complete just 49.5% of attempted passes. Cincinnati has the best red zone defense in the country and the third scoring defense (13.7 points per game).

At No.9 Notre Dame, Gardner intercepted quarterback Jack Coan in the end zone in the first quarter to give UC a 17-0 lead en route to a 24-13 victory – the first-ever win for Cincinnati on a Top 10 team on the road.

In addition to Gardner’s honors, the junior running back Jerome Ford was named to The Athletic’s All-America midseason second team. Ford leads the AAC on rushing (118.2 yards per game) and is second in the country in touchdowns (12). He has won the AAC Offensive Player of the Week award for the past two weeks.


Cincinnati heads to the Navy for a Noon ET AAC contest on ESPN2.


For all the latest information on Cincinnati athletics, please visit For last minute updates, follow Cincinnati Athletics on Twitter, Instagram and Facebook.

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Trademarks of University Athletes: Protecting the Rights of Student-Athletes to Name, Image and Likeness – Intellectual Property Tue, 19 Oct 2021 07:44:26 +0000

United States: Trademarks of varsity athletes: protecting the name, image and likeness rights of student-athletes

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NCAA varsity athletes must register their athlete brands now that they can take advantage of their name, image and likeness. Trademarks provide strong protections for the student-athlete NIL and facilitate future sponsorship and sponsorship opportunities.

Why can student-athletes now register their names, images and likenesses?

Effective July 1, 2021, the National Collegiate Athletic Association (NCAA) suspended its rules prohibiting college athletes from using their names, images and likenesses for commercial purposes. The suspension applies to all incoming and current student-athletes in all sports. Before the NCAA suspension, only a few states had laws allowing college athletes to engage in NIL activities despite the NCAA ban. Now, college athletes will not violate NCAA rules when engaging in NIL activities. Therefore, all students can proceed to brand their NIL without fear of retaliation from the NCAA.

The new NCAA policy advises college athletes to follow the NIL law of the jurisdiction of their respective schools, such as reporting NIL activities in accordance with state law and / or school requirements. The policy expressly states that students may use professional services for NIL activities. Currently, the NCAA is working with the federal government to develop national guidelines for the NIL activities of college athletes. An update will be posted on this blog when the policy or legislation is released.

What are the advantages for university athletes to register their NIL mark?

Registering an athlete’s trademark provides legal protection for their trademark and helps guard against counterfeiting and fraud. Registering a trademark with the United States Patent and Trademark Office (USPTO) is not required for students to earn money with their NIL, but it is suggested because registration comes with stronger rights nationally. These rights include the use of the ® symbol, the legal presumption of ownership and the ability to sue the mark in question in federal court. Additionally, these marks will be listed in the USPTO database, which alerts anyone seeking to register similar marks.

How can a student athlete mark their NIL?

Almost anything can be a brand if it tells consumers that the athlete is the source of a given service or good. Like professional athletes, student-athletes can now file with the USPTO for word mark protection for their nicknames or logos, including their likenesses. A mark can be a random design. For example, University of Wisconsin quarterback Graham Mertz has a design mark that he uses to represent his brand. The sooner athletes file their marks with the USPTO, the better the chance that their preferred brands will be available for registration.

To obtain federal registration, a mark must be used in commerce and classify goods or services. For example, if an athlete uses their brand to identify a social media account or posts in which they sponsor products, the brand should probably be filed in Class 35 – Advertising and Business. A trademark can be registered for more than one class, for an additional fee of $ 250 per class. Please note that if a trademark is unregisterable or incorrectly filed, the USPTO will not reimburse the registration fee. If student-athletes want to register trademarks and avoid losing their registration fees, they should consider contacting a trademark attorney for help navigating the process.

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SC has sent J & K’s lawyer name three times for HC, government has not yet cleared it Tue, 19 Oct 2021 01:12:41 +0000 In another departure from the procedural protocol that governs the process for appointing judges to the higher magistrate, six months after the Supreme Court Collegium for the second time reiterated its recommendation to appoint a lawyer as a judge of the High Court of Jammu- and Kashmir, the government has yet to follow through.

The Indian Express has learned that the Collegium reiterated its recommendation for attorney Sadiq Wasim Nagral for the second time in March of this year. Sources said the Nagral recommendation is currently the oldest pending recommendation with the government.

A lawyer based in Jammu, Nagral served as Senior Additional General Counsel for the former state of Jammu and Kashmir and primarily represented the Home Office. As a lawyer for the central government, he represented the security forces, including the army, the BSF and the CRPF before the High Court.

Nagral’s name was first proposed by the High Court Collegium on August 24, 2017. His candidacy was approved by the Supreme Court Collegium on April 6, 2018. Subsequently in January 2019 and again in March of this year, the Supreme Court Collegium reiterated its decision. .

By agreement, the government is bound to accept the Collegium’s recommendation if the decision has been repeated.

Besides Nagral, the Supreme Court Collegium reiterated two other names as J&K High Court judges, which remain pending with the government. On September 1, he reiterated the names of lawyers Moksha Khajuria Kazmi and Rahul Bharti.

While Kazmi’s name was first recommended in October 2019, Bharti’s was recommended in March. Khajuria Kazmi is a Senior Counsel who served as Additional General Counsel during the governor’s reign in 2016 and continued to serve in the PDP-BJP government led by Mehbooba Mufti at J&K, prior to her termination.

The names of Khajuria Kazmi and Bharti were among 12 reiterated by the Supreme Court College, headed by Chief Justice of India NV Ramana, on September 1.

For the High Court of Allahabad, the Collegium reiterated its recommendation to appoint three judicial officers Om Prakash Tripathi, Umesh Chandra Sharma and Syed Waiz Mian.

For the High Court of Rajasthan, the Collegium reiterated its recommendation for Attorney Farzand Ali, the Additional Advocate General to the state government headed by Congress. On October 11, Ali’s name – first recommended by the Supreme Court College in July 2019 – was cleared by the government.

For the Calcutta High Court, the Collegium reiterated the recommendation for the appointment of lawyers Jaytosh Mazumdar, Amitesh Banerjee, Raja Basu Chowdhury and Lapita Banerji. On October 8, the Collegium reiterated its recommendation to appoint another lawyer, Sakya Sen, to the High Court.

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Group 1 Automotive acquires Honda dealership in California Mon, 18 Oct 2021 20:07:00 +0000

HOUSTON, October 18, 2021 / PRNewswire / – Group 1 Automobile, Inc. (NYSE: GPI), (“Group 1” or the “Company” or “Buyer”), a Fortune 500 international automotive retailer with 191 dealers located in the United States, United Kingdom and Brazil, today announced the acquisition of Capital City Honda in Sacramento, California, which should generate approximately $ 85 million in annualized income.

“We are extremely pleased to welcome the Capital City Honda team to the Group 1 family. We look forward to expanding our relationship with Honda and the local community in Sacramento,” noted Daryl kenningham, president of American and Brazilian operations for Group 1 Automotive.

Since the start of 2021, group 1 has finished $ 655 million earned income. The acquisition of this store brings the total number of Group 1 dealers in the United States to 120. With the pending acquisition of Prime Automotive Group previously announced by the Company which is expected to close in November 2021, the total income acquired from the Company is expected to be approximately $ 2.5 billion by the scheduled closing date, and the total number of Group 1 dealerships would increase to 221 locations worldwide, which would include 150 locations in the United States.

Group 1 owns and operates 191 car dealers, 248 franchisees and 49 collision centers in the United States, the United Kingdom and Brazil, which offer 33 brands of cars. Through its dealers, the Company sells new and used cars and light trucks; organizes the financing of related vehicles; sells service contracts; provides auto maintenance and repair services; and sells vehicle parts.

Investors can visit,,,,, and, where Group 1 discloses additional information about the Company, its activities and its operating results.

To the extent that the statements contained in this press release are not statements of historical fact, these statements constitute “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this press release may include statements relating to goals, plans and expectations regarding the expected benefits of the proposed transaction, management plans, objectives for future operations, scale and performance, integration plans and the expected synergies, the timing of the proposed transaction, our financial condition, results of operations, market position, business strategy and expectations of our management with regard to, among others: changes in general economic and business conditions , including the impact of COVID-19 on the automotive industry in general, the automotive industry automotive retail in particular and our customers, suppliers, vendors and business partners; our relationships with automobile manufacturers; cash flow from operations and availability of capital; capital expenditure; the amount of our debt; the completion of current and future acquisitions and disposals; future performance targets; general economic trends, including levels of consumer confidence, interest rates and fuel prices; and trends in the automotive retail industry.

Here are some, but not all, of the factors that could cause actual results or events to differ materially from those anticipated, including: the occurrence of any event, change or other circumstance that could result in termination of the purchase agreement ; the risk that necessary regulatory or third party approvals may not be obtained or may be obtained subject to unanticipated conditions; the risk that the proposed transaction will not be completed in a timely manner; the risks that any of the closing conditions of the proposed acquisition will not be met or will not be met in a timely manner; risks associated with the disruption of the management time of current business operations as a result of the proposed acquisition; failure to realize the expected benefits of the proposed acquisition; rapid and efficient non-integration of acquisition; the effect of the announcement of the proposed acquisition on their operating results and activities and on the ability of Group 1 and Prime Automotive Group to retain and hire key personnel and to maintain relationships with suppliers; our ability to execute our business strategy; the annual rate of new vehicle sales in the United States; our ability to generate sufficient cash flow; our ability to improve our liquidity position; market factors and the future economic environment, including consumer confidence, interest rates, the price of oil and gasoline, the level of manufacturer incentives and the availability of consumer credit; the reputation and financial position of the automobile manufacturers whose brands we represent and our relationships with these manufacturers, and their ability to successfully design, manufacture, deliver and market their vehicles; significant disruptions in the production and delivery of vehicles and parts for any reason, including acts of God, affecting the manufacturers whose brands we sell; our ability to enter into, maintain or renew our framework and concession agreements on favorable terms; the inability of our franchise operations to meet expected levels or meet expected performance targets; our ability to successfully integrate recent and future acquisitions; changes in, non-compliance with or inability to comply with laws and regulations governing the operation of automobile franchises, accounting standards, environment and tax requirements; our ability to leverage the gains of our dealer portfolio; high levels of competition in the automotive retail industry which can put pressure on the prices of the products and services we offer; our ability to execute our capital expenditure plans; our ability to comply with our debt or lease commitments and to obtain waivers of commitments if necessary; and any negative outcome of any future litigation. These risks, uncertainties and other factors are disclosed in the Group 1 annual report on Form 10-K, subsequent quarterly reports on Form 10-Q and other periodic and current reports filed with the Securities and Exchange Commission of from time to time.

These forward-looking statements and these risks, uncertainties and other factors speak only as of the date of this press release. We expressly disclaim any obligation or commitment to release any update or revision to any forward-looking statement contained herein, whether as a result of new information, future events or otherwise.

Investor contacts:
Sheila roth
Manager, Investor Relations
Group 1 Automobile, Inc.
713-647-5741 | [email protected]

Media contacts:
Pete DeLongchamps
Senior Vice-President, Manufacturer Relations, Financial Services and Public Affairs
Group 1 Automobile, Inc.
713-647-5770 | [email protected]
Clint Wood
Pierpont Communications, Inc.
713-627-2223 | [email protected]

SOURCE Group 1 Automobile, Inc.

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Cowgirl Culture: Sofia Rojas – Oklahoma State University Athletics Mon, 18 Oct 2021 16:01:27 +0000

Because of Covid-19, finding universities has been difficult for 2021 high school graduates, but Sofia rojas found a home in Stillwater.

Rojas attended an all-sports summer camp at the age of seven and his love for tennis was born.

Born in Lawrenceville, Georgia, Rojas moved to Sarasota, Florida to college and attended an online academy while training in Bradenton, Florida.

Over the years, Sofia began to participate in international junior ITF tournaments. Rojas always wanted to play in college and says she knew she had the skills when she found success in tournaments at the age of 16.

Several things shed light on Cowgirl culture across the country. For example, the coach of professional tennis player Marie Bouzkova, friend of Chris Young‘s, also knew Rojas, told her about the state of Oklahoma and helped her get in touch with the program.

“I reached out to Chris and we got in touch and talked,” Rojas said. “After a few months I made the decision to come here. I liked that all the players were very good. It seemed like the right environment.”

Since being here, Rojas has integrated well into the program. She appreciates the coaches and culture of the state of Oklahoma.

“These are different styles of coaching,” Rojas said. “Jaime is more fiery on the pitch and that’s a good contrast to Chris. Chris is motivating and creates a relaxed environment that is also intense. They are a great contrast and we can all learn a lot from both of them.”

Besides appreciating the coaching staff, Sofia loves her new team. Rojas loves that everyone comes from different walks of life and thinks it makes them so close as a group.

“I love that everyone is close,” Rojas said. “Everyone always works together as close family. I love the small group and the way we are all connected and working together for one thing. It shows how much we can connect no matter the differences. all from different places, but we still have a strong bond. “

In the fall, many Cowgirls, including Rojas, found success in professional tournaments. There is a lot to look forward to this season, but Rojas knows there is always room to improve.

“I am excited about our team this season,” said Rojas. I like individual tournaments. Through these two tournaments that I played, I saw what I have to work on for the spring because this level is higher. I am excited to grow from now until spring and continue to grow after. I can’t wait to be at a good team level. “

As for the rest of the squad, Rojas had this to say: “I think we’re all in a good position, but we have things we can each improve on. We’re good at staying positive and uplifting and encouraging each other. and show your support in training. It’s very important for the season and for the competition. “

Rojas specializes in construction engineering technology. Her goal was to become an architect, but she decided to go into construction engineering.

Rojas wants all Cowgirl fans to know that the three freshmen will bring a lot of new energy and that there is something to be excited about this season.

“We all come from different parts of the world and are all great competitors,” Rojas said. “Expect an exciting season.”

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Cathay General Bancorp (CATY) is due to release results on Monday Mon, 18 Oct 2021 06:15:57 +0000

Cathay General Bancorp (NASDAQ: CATY) will release its quarterly results after market close on Monday, October 25. Analysts expect Cathay General Bancorp to post earnings of $ 0.91 per share for the quarter. Those interested in registering for the business results conference call can do so by using this link.

Cathay General Bancorp (NASDAQ: CATY) last released its results on Sunday, July 25. The bank reported earnings of $ 0.97 per share for the quarter, beating the consensus estimate of $ 0.83 by $ 0.14. The company posted revenue of $ 160.58 million in the quarter, compared to a consensus estimate of $ 156.05 million. Cathay General Bancorp had a net margin of 39.05% and a return on equity of 11.47%. On average, analysts expect Cathay General Bancorp to post EPS of $ 4 for the current fiscal year and EPS of $ 4 for the next fiscal year.

Cathay General Bancorp shares opened at $ 40.97 on Monday. The company has a market cap of $ 3.20 billion, a P / E ratio of 11.74 and a beta of 1.51. The company has a debt ratio of 0.07, a quick ratio of 1.05, and a current ratio of 1.05. The company has a fifty-day moving average of $ 40.26 and a 200-day moving average of $ 40.21. Cathay General Bancorp has a 52-week low of $ 22.39 and a 52-week high of $ 45.19.

The company also recently announced a quarterly dividend, which was paid on Thursday, September 9. Investors of record on Monday, August 30, received a dividend of $ 0.31. This represents an annualized dividend of $ 1.24 and a return of 3.03%. The ex-dividend date of this dividend was Friday, August 27. Cathay General Bancorp’s dividend payout ratio is currently 43.21%.

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In other news, vice president Peter Wu sold 20,000 shares of the company in a transaction dated Friday, August 27. The shares were sold at an average price of $ 39.74, for a total trade of $ 794,800.00. The sale was disclosed in a legal file with the SEC, which is available through this link. 4.23% of the shares are currently held by insiders.

Several brokerage firms have recently weighed on CATY. Truist Securities raised its target price on Cathay General Bancorp shares from $ 40.00 to $ 44.00 and assigned the stock a “conservation” rating in a report released on Monday, August 30. DA Davidson reiterated a “neutral” note on Cathay General Bancorp shares in a research note on Wednesday, July 28. Truist increased its price target for Cathay General Bancorp stock from $ 40.00 to $ 44.00 and assigned the stock a “conservation” rating in a research note on Monday, August 30. Ultimately, Zacks investment research Upgraded Cathay General Bancorp shares from a “custody” rating to a “buy” rating and set a target price of $ 45.00 on the stock in a research note on Wednesday, September 1. Four equity research analysts rated the stock with a conservation rating and one assigned a buy rating to the company’s stock. According to MarketBeat, Cathay General Bancorp currently has a consensus rating of “Hold” and a consensus price target of $ 45.

About Cathay General Bancorp

Cathay General Bancorp is a holding company which provides financial services. It offers commercial mortgages, business loans, small business administration loans, residential mortgages, real estate construction loans, home equity lines of credit and personal installment loans for expenses. automobiles, housework and other consumer expenses.

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Cathay General Bancorp (NASDAQ: CATY) Revenue History

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