MidCap Financial: Q4 Earnings Snapshot

By The Associated Press
February 26, 2026 | 4:25 PM

NEW YORK (AP) — NEW YORK (AP) — MidCap Financial Investment Corporation (MFIC) on Thursday reported a loss of $12.7 million in its fourth quarter.

The New York-based company said it had a loss of 14 cents per share. Earnings, adjusted for investment costs, came to 39 cents per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 37 cents per share.

The investment company posted revenue of $78.4 million in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $79.3 million.

For the year, the company reported profit of $63.2 million, or 68 cents per share. Revenue was reported as $320.9 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MFIC at https://www.zacks.com/ap/MFIC

Beach town mayor worries social media trend could lead to shark attack

August 11, 2026 | 8:00 PM

▶ Watch Video: Some fishers lure sharks into shallow waters, causing concern in New Jersey With the end of summer rapidly approaching, people are getting in as much beach time as they can. But the mayor of a New Jersey beach town is worried a social media trend could be setting up a potential shark attack."It's not illegal to fish here. It's not illegal to fish for shark, but it is bringing in predators, they're looking for food and there's a lot of swimmers here," Bay Head Mayor Bill Curtis said, explaining his unease about videos showing people attracting sharks toward shore so they can take photos with them.In one viral video, a group of people is seen pulling an 8-foot-long bull shark onto the beach itself before snapping some photos.Curtis worries the bait used to reel in these apex predators is taking them dangerously close to the beach and unsuspecting swimmers."Putting food in the water there for the fish to go after is just luring them closer to shore," he said.To catch sharks, some anglers paddle out to deeper waters, drop the bait and then pull in the sharks from reels on the beach. A CBS News crew went out on a boat with Captain John Schaible, who took them about 100 yards from shore. There, in 15-foot-deep water, is where many shark fishermen drop their bait."They are just having fun," Schaible said of the people posting their encounters with the sharks on social media. "They're not killing them. They're maybe taking a couple pictures with them and letting them go."Schaible said he doesn't think what they're doing is dangerous, but the mayor disagrees."Common sense and consideration for everybody," Curtis said. "Everybody can coexist, just be a little careful with what you are doing."

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