Over $54.2 Billion in Loan Volume;
Exceeds total 2019 production record in first three quarters of 2020

United Wholesale Mortgage (UWM), the #1 wholesale mortgage lender, today announced its results for the third quarter ended September 30, 2020, reporting closed loan volume exceeding $54.2 billion, an 81 percent increase from the $29.9 billion loan volume closed in the third quarter of 2019, along with net income of $1.45 billion. Through the third quarter, UWM also closed a year to date total of $127.8 billion in production, already exceeding its 2019 production record of $107.8 billion by nearly 20 percent.

Mat Ishbia, president and CEO of UWM said, “This is our best quarter in the company’s 34 years, showing that borrowers are recognizing that independent mortgage brokers offer better rates, greater speed and deeper experience. I’m grateful to the over 6,800 team members whose commitment to superior service, together with

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Press release content from Globe Newswire. The AP news staff was not involved in its creation.

BOCA RATON, Fla., Oct. 12, 2020 (GLOBE NEWSWIRE) — Newtek Business Services Corp., (Nasdaq: NEWT), an internally managed business development company (“BDC”), today announced that it will report its third quarter 2020 financial results after the market closes on Wednesday, November 4, 2020. A conference call to discuss these results will be hosted by Barry Sloane, Chief Executive Officer, and Christopher Towers, Chief Accounting Officer, the following day, Thursday, November 5, 2020 at 8:30 am ET. The live conference call can be accessed by dialing (877) 303-6993 or (760) 666-3611.

A live webcast of the call and the corresponding presentation will be available in the ‘Events & Presentations’ section of the Investor Relations portion of Newtek’s website at http://investor.newtekbusinessservices.com/events-and-presentations. A replay of the webcast with the corresponding presentation

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By Soumyajit Saha



graphical user interface: A board displaying stock prices is seen at the Australian Securities Exchange in Sydney


© Reuters/DAVID GRAY
A board displaying stock prices is seen at the Australian Securities Exchange in Sydney

(Reuters) – Australian shares struggled for direction on Monday as investors stayed away from making big bets ahead of corporate earnings and production results while awaiting further developments on U.S. stimulus talks.

The S&P/ASX 200 index <.axjo> slipped 0.03% to 6,100.2 by 23:45 GMT, after posting its best week in six months last week.

A slew of Australian companies, including global miners BHP Group and Rio Tinto , are scheduled to report their quarterly production figures later this week, while the ‘big four’ banks will provide the first peek into how lenders fared in the July-September quarter later this month.

The Australian parliament on Friday approved A$17.8 billion ($12.87 billion) in personal tax cuts, quickly pushing through measures announced earlier in the week as part of the federal budget to support

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NXP Semiconductors  (NXPI) – Get Report on Thursday raised its guidance for the third quarter based on better-than-expected performance, particularly in its automotive and mobile end markets.

“Relative to the mid-point of our guidance, we experienced material improvement in demand across all end markets, but particularly in the Automotive and Mobile end markets,” Kurt Sievers, NXP president and CEO, said in a statement.

The company said it sees revenue for the quarter coming in even with a year ago, at $2.267 billion, vs. previous expectations of a 12% decline. It said non-GAAP operating income for the period will be $586 million compared with previous expectations of $444 million.

The company said it had seen improved demand in both its direct and distribution channels. “The business environment has improved at a faster than anticipated pace, driving a broad-based increase in revenue, which also enabled higher gross margin, Sievers said.

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DALLAS, Oct. 08, 2020 (GLOBE NEWSWIRE) — Builders FirstSource, Inc. (Nasdaq: BLDR) will hold a conference call and webcast on Friday, October 30th, to discuss the company’s financial results and other business matters. The teleconference will begin at 9:00 a.m. Central Time and will be hosted by Chad Crow, Chief Executive Officer, and Peter Jackson, Chief Financial Officer. A copy of the company’s press release announcing its financial results will be made available after the market closes on Thursday, October 29th, in the Investors section of the Builders FirstSource, Inc. website, at www.bldr.com.

To participate in the teleconference, please dial-in to the call a few minutes before the start time: 800-353-6461 (U.S. and Canada) and 334-323-0501 (international), Conference ID: 9608576. A replay of the call will be available at 1:00 p.m. Central Time through November 14th. To access the replay, please dial 888-203-1112 (U.S. and Canada) and 719-457-0820 (international)

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HONOLULU, Oct. 8, 2020 /PRNewswire/ — Matson, Inc. (NYSE: MATX) today announces preliminary third quarter financial results, provides a business update and announces that its third quarter earnings call date will be held on November 2, 2020.

“Matson’s businesses continued to perform well in the third quarter despite the ongoing challenges from the COVID-19 pandemic and related economic effects,” said Chairman and Chief Executive Officer Matt Cox. “Our China service, consisting of the CLX and CLX+ services, was the primary driver of the increase in consolidated operating income year-over-year as a result of strong demand for our expedited ocean services and ongoing challenges in the transpacific air freight markets. I am confident that we can make the CLX+ a permanent service because of Matson’s fifteen-year track record of operating our industry leading expedited CLX service in the transpacific tradelane, the introduction of our new Alaska-to-Asia Express

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Lawson Products, Inc. (NASDAQ: LAWS) (“Lawson” or the “Company”), a distributor of products and services to the MRO marketplace, today announced that it will report its results for the third quarter 2020 on Thursday, October 29, 2020, pre-market. The Company will hold a conference call to review third quarter results beginning at 9:00 a.m. Eastern Time.


Please use the following link to pre-register for this conference call. Callers who pre-register will bypass the live operator on the day of the call. If you pre-register, you will be given a passcode to identify the Lawson call and a unique PIN to gain immediate access to the call. You may pre-register at any time, including up to and after the call start time.


To pre-register please go to:


https://bit.ly/2Q56ZIz


Please note that pre-registered participants will receive their dial in number upon registration.


Those without

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CHICAGO–(BUSINESS WIRE)–Oct 5, 2020–

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (the “Fund”) (NYSE: OPP) today announced the final results of its transferable rights offering (the “Offering”). The Fund will issue a total of 472,995 new shares of common stock as a result of the Offering, which closed on October 1, 2020 (the “Expiration Date”).

The subscription price of $13.88 per share in the Offering was established on the Expiration Date based on a formula equal to 92.5% of the reported net asset value on the Expiration Date. Gross proceeds received by the Fund, before any expenses of the Offering, are expected to total approximately $6.6 million.

The shares of common stock issued as a result of the rights offering will not be record date shares for the Fund’s monthly distributions paid in August or September 2020. As the final subscription price was higher than the original estimated subscription price, there are

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President Donald Trump said Thursday night that Hope Hicks, one of his closest aides, has tested positive for the novel coronavirus and that he is recently been tested and is awaiting a result.

 

“She did test positive. I just heard about this,” Trump said in an interview on Fox News, about two hours after Bloomberg News first reported Hicks’ positive test.

“I just went out for a test, they just said it’ll come back later, I guess, and the first lady also because we spent a lot of time with Hope and others. So well see what happens,” he added.

Hicks travelled with Trump aboard Air Force One to and from the presidential debate in Cleveland on Tuesday and to a Minnesota rally on Wednesday. She felt poorly in Minnesota and quarantined aboard the presidential plane on the way home, according to people familiar with the matter.

The people asked

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BANGKOK, Sept. 30, 2020 /PRNewswire/ — Subcon Thailand 2020, ASEAN’s largest international industrial subcontracting trade show, held last week in Bangkok under a new “hybrid” virtual-physical format, proved a success with local and foreign exhibitors, and buyers, who participated in 1,277 business matching sessions worth at least 3.89 billion baht (USD123 million) in expected business value, according to data gathered by the Thailand Board of Investment (BOI).

Thailand Board of Investment’s senior executives Mr. Chanin Khaochan (standing third from the right) and Ms. Sonklin Ploymee (second from the right) and members of the Thai Subcontracting Promotion Association met with exhibitors and international buyers last week at SUBCON THAILAND 2020, ASEAN’s largest industrial subcontracting and business matching event at BITEC Bangna, Bangkok.
Thailand Board of Investment’s senior executives Mr. Chanin Khaochan (standing third from the right) and Ms. Sonklin Ploymee (second from the right) and members of the Thai Subcontracting Promotion Association met with exhibitors and international buyers last week at SUBCON THAILAND 2020, ASEAN’s largest industrial subcontracting and business matching event at BITEC Bangna, Bangkok.

Subcon 2020 was held from September 23 to 26 at Bitec Bangkok after being delayed from its initial May schedule as Thailand implemented a strict lock-down

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