Finance, Banking & Insurance

Rareview, Tuttle Launch HOID Humanoid Robotics ETF

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Rareview, Tuttle Launch HOID Humanoid Robotics ETF

Las Vegas – October 16, 2026 -- Rareview Capital LLC and Tuttle Capital Management have launched the Tuttle - Rareview Humanoid Robotics ETF (HOID), an actively managed fund that targets both humanoid robot developers and the technologies inside them.

HOID splits the robotics supply chain into "Brains" and "Body"

The strategy covers the "Brains": artificial intelligence, software and semiconductors. It also covers the "Body": sensors, actuators, batteries and other essential components. The fund extends beyond robot manufacturers to the suppliers behind them.

HOID may hold U.S. and international companies. These include firms in commercial production and those building fully functional prototypes that are moving toward commercialization. Portfolio weights are rebalanced at least quarterly.

MSC Income Fund to Report Q3 2026 Results on November 5

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MSC Income Fund to Report Q3 2026 Results on November 5

HOUSTON – October 16, 2026 -- MSC Income Fund, Inc. (NYSE: MSIF) will release its third quarter 2026 results on Thursday, November 5, 2026, after the financial markets close, the Houston-based fund said on October 16.

MSC Income Fund schedules Q3 call for November 6 at 11:00 a.m. Eastern

Management will hold a conference call on Friday, November 6, 2026, at 11:00 a.m. Eastern time, the morning after the release. The call will be broadcast live by phone and over the Internet, and investors can join by phone or audio webcast.

Fund discloses no financial metrics ahead of the release

The announcement gives no preliminary figures, guidance or portfolio data for the quarter. Investors will have to wait for the November 5 release for results.

Mubadala Closes $6.2B Clear Channel Deal; AT&T Exits Mexico

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Mubadala Closes $6.2B Clear Channel Deal; AT&T Exits Mexico

New York – October 16, 2026 -- Mubadala Capital has completed its acquisition of Clear Channel Outdoor Holdings, a transaction valued at approximately $6.2 billion, after receiving all applicable regulatory approvals and the approval of Clear Channel stockholders.

AT&T sells Mexico unit to Grupo Televisa and Fintech Holdings

AT&T agreed to sell AT&T Mexico to Grupo Televisa and Fintech Holdings. The company said the sale sharpens its focus and capital allocation on building the strongest network in the United States through continued fiber and 5G investment.

Workday to buy C1.ai to manage identity for people and AI agents

Workday agreed to acquire C1.ai, an agentic identity platform. Workday said the deal will let it give every person and AI agent the right access from the day they join to the day they leave.

Harford Mutual's Jeffrey Rink Joins Upper Chesapeake Health Foundation Board

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Harford Mutual's Jeffrey Rink Joins Upper Chesapeake Health Foundation Board

Bel Air – October 16, 2026 -- Jeffrey S. Rink, Executive Vice President of Harford Mutual Insurance Group, has joined the Upper Chesapeake Health Foundation Board, adding a healthcare philanthropy role to a career spanning more than 35 years in insurance.

Rink brings 17 years of Harford Mutual experience to the foundation board

Rink joined Harford Mutual in 2009 and has served as Executive Vice President since 2021. The company credits him with helping guide its strategic growth and community engagement efforts during his tenure.

Prior board roles include presidency of The Arc Northern Chesapeake Region's governing board

Rink previously served on The Arc Northern Chesapeake Region's Foundation Board. He also held leadership positions on its Governing Board, including Vice President and President.

He also volunteers with Harford Family House, where he serves on the Annual Golf Outing Committee.

WTIC Oil Token Lists on LMAX Digital for Institutional Trading

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WTIC Oil Token Lists on LMAX Digital for Institutional Trading

Larkspur, Calif. – October 16, 2026 -- Energy Substantiation has listed WTIC, a token backed 1:1 by physical WTI crude oil, on LMAX Digital, giving institutional investors spot access to physically backed crude through a regulated digital asset venue. LMAX Digital is part of LMAX Group.

LMAX Digital joins Uniswap and BingX as a WTIC trading venue

The listing adds an institutional execution venue to a WTIC ecosystem that already includes Uniswap and BingX. Energy Substantiation says it broadens access to physical crude oil through digital asset markets.

Each WTIC token represents one barrel of WTI crude and is backed 1:1 by verified physical WTI inventory. The underlying oil remains in established commercial custody, with independent verification of the physical backing.

Neuberger Municipal Fund Declares $0.05417 Per-Share Distribution

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Neuberger Municipal Fund Declares $0.05417 Per-Share Distribution

New York – October 16, 2026 -- Neuberger Municipal Fund Inc. (NYSE American: NBH) declared a distribution of $0.05417 per share of common stock, payable on October 16, 2026.

Fund sets October 30 record and ex-dates for the payout

The record date and the ex-date both fall on October 16, 2026. Stockholders of record on that date qualify for the payment, which is scheduled for distribution about two weeks later.

The Fund seeks to provide income that is exempt from regular federal income tax. Distributions may be subject to the federal alternative minimum tax for some stockholders.

Distribution may include capital gains and return of capital

The announced distribution and future payouts may consist of net investment income, realized capital gains and return of capital. If the Fund distributes more than its net investment income in any yearly period, the excess may include realized gains or a return of capital.

First Financial Bankshares Q3 Profit Hits $74.31M as Margin Widens

Abilene – October 16, 2026 -- First Financial Bankshares (NASDAQ: FFIN) reported third-quarter 2026 earnings of $74.31 million, up from $52.27 million a year earlier and $71.89 million in the second quarter. Diluted earnings per share rose to $0.52 from $0.36 in the third quarter of 2025 and $0.50 in the linked quarter.

CEO David Bailey called it "another record quarter of net income," driven largely by continued net interest margin expansion.

Net interest margin climbs to 3.91% as net interest income reaches $138.51 million

Net interest income totaled $138.51 million, compared with $127.00 million a year ago and $136.91 million in the second quarter. The tax-equivalent net interest margin was 3.91%, against 3.80% in the third quarter of 2025 and 3.90% in the linked quarter. Average interest-earning assets were $14.43 billion, up from $13.60 billion a year earlier but slightly below $14.46 billion in the second quarter.

HUD to Auction 11 Defaulted Healthcare Loans Worth $56M

Washington – October 16, 2026 -- The U.S. Department of Housing and Urban Development (HUD) will offer eleven defaulted Section 232 healthcare mortgage loans with a combined unpaid principal balance of about $56 million in a sealed-bid auction on October 16, 2026.

HUD bundles 11 first-lien loans in Healthcare Loan Sale 2027-1

The sale, designated HLS 2027-1, covers loans that are due and payable and held by the HUD Secretary. Each loan is secured by a first-lien mortgage on one healthcare property, giving the sale eleven properties in total.

Collateral spans nine states from California to Pennsylvania

The properties are located in California, Connecticut, Florida, Michigan, Missouri, New York, North Carolina, Oklahoma and Pennsylvania. HUD has reserved the right to add or remove loans at its discretion, so the final pool may differ from the eleven loans announced.

Columbia Banking Tops Bank Director's 2026 Ranking for $50B+ Banks

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Columbia Banking Tops Bank Director's 2026 Ranking for $50B+ Banks

Tacoma – October 16, 2026 -- Columbia Banking System, Inc. (Nasdaq: COLB) ranked No. 1 among banks with at least $50 billion in assets in Bank Director's 2026 RankingBanking study, moving up from No. 2 in each of the previous two years.

Columbia ranks first for asset quality and top three for profitability among large banks

In the latest study, Columbia placed No. 1 among large banks for asset quality. It also finished among the top three for profitability, measured by return on average assets (ROAA).

The study evaluates the 300 largest publicly traded U.S. banks on four measures: return on average tangible common equity, return on average total assets, tangible common equity to tangible assets, and nonperforming assets to loans and other real estate owned.

CGI: Stablecoins, Tokenized Deposits, CBDCs Differ Under Stress

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CGI: Stablecoins, Tokenized Deposits, CBDCs Differ Under Stress

Global – October 16, 2026 -- Stablecoins, tokenized deposits and central bank digital currencies (CBDCs) can look identical in a banking interface, but they differ in issuer, holder claim, backing, redemption and behavior under stress, according to an analysis from CGI aimed at bank executives.

Stablecoins carry five stress-related risks for banks

The analysis credits stablecoins with proving demand for 24/7 value transfer, cross-border reach and programmable payment workflows. Under stress, however, a fiat-referenced stablecoin becomes a claim that depends on the issuer, reserve quality and liquidity, the custodian and the network. CGI lists five risks: