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The Latest Breaking News from PMT

“It’s become impossible to operate sustainably as a predominantly brick and mortar musical instrument retailer in the UK”: Scotland’s Kenny’s Music is the latest guitar shop chain to close its doors – despite strong sales figures

Kenny’s had a physical presence in Glasgow, Aberdeen, and Dunfermline and its closure continues a worrying trend that has seen UK gear heavyweights GAK and PMT go to the wall

Guitar World

Two Massive Sports Snubs on the List of 100 Best Podcasts

It’s hard to believe ‘Time Magazine’ omitted what is easily one of the best sports podcasts of all time.

Sports Illustrated

"It’s been a tough few years": UK gear retailer PMT closes its doors, makes 96 staff redundant and sells £2.4m of stock to Gear4Music

Just a few months after Brighton-based GAK closed down, another UK musical instrument retailer enters administration

MusicRadar

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PMT, one of the UK’s largest instrument retailers, has been placed into administration – closing all stores and making 96 members of staff redundant

The company’s stock and assets have been sold to online retail giant Gear4music for roughly $3.26 million

Guitar World

I absolutely love this Cyber Monday deal on the Yamaha Seqtrak, it’s giving Teenage Engineering features on Behringer money vibes

Ever wanted an OP-Z but just couldn't afford one? Then PMT has got you covered, but not for long

MusicRadar

3 Highest-Yielding Quality REITs Delivering Double-Digit Yields

These three REITs are quality, buy-rated companies with a history of paying dividends.

Barchart

‘Pardon My Take’ Is Still Doing It Better Than Anyone in the Podcast Game

PMT’s annual Takie Awards is perfect and hilarious content.

Sports Illustrated

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Unusual Options Volume: Temporary Bad News Anticipated for Pennymac Mortgage (PMT)

With the bears apparently targeting downside in PMT stock, investors will need to be cautious about the specialty finance firm.

Barchart

How do you make an entry-level guitar that’s twice as good? Spend an extra $5 when making it, says Lee Anderton of UK gear retail giant Andertons

Anderton says the economics of manufacturing budget guitars can mean small investments yield dramatic increases in quality

MusicRadar

Best affordable electronic drum kits to get playing whatever your ability level

Banging beats and big breaks – that break no banks

Evening Standard

Best guitar effects pedals to sculpt your sound, from reverb to overdrive

Explore the versatility of your electric guitar or bass

Evening Standard

Charissa Thompson, Context and the Twitter Pile-on

She faces backlash after saying she made up sideline reports.

Sports Illustrated

He knows what time it is

In the past, wristwatches were the go-to item to tell time.

Bangkok Post

Ferndale P3-E Parlor electro-acoustic guitar review

From UK retailers PMT comes Ferndale with a fresh take on the parlor guitar, but will it stand out in a crowded market?

MusicRadar

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Evening Standard

Best starter keyboards for beginners in 2025 to help you learn to play

The key to scaling up your musical ambitions

Benzinga

Earnings Preview: PennyMac Mortgage

PennyMac Mortgage (NYSE:PMT) is set to give its latest quarterly earnings report on Thursday, 2022-05-05. Here's what investors need to know before the announcement. Analysts estimate that PennyMac Mortgage will report an earnings per share (EPS) of $0.26.

Benzinga

Honeywell Stock Gains On Q1 Beat, Raised FY22 Profit Guidance

Honeywell International Inc (NASDAQ:HON) reported a first-quarter sales decline of 1% year-over-year to $8.38 billion, +1% on an organic basis, beating the consensus of $8.29 billion. Adjusted EPS declined by 1% Y/Y to $1.91, beating the consensus of $1.86. Aerospace sales increased 4% Y/Y to $2.75 billion, and segment margin contracted by…

StockNews.com

3 Stocks to Avoid as the Fed Hikes Rates in a Slowing Economy

Despite a seemingly weakening economy, the Fed has indicated that its forthcoming interest rate increases will be aggressive. Although interest rate hikes bode well for financial companies, fast-paced and aggressive rate increases pose the risk of an economic slowdown. Therefore, we think it could be wise to avoid Wells Fargo…

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Benzinga

PennyMac Mortgage's Return On Capital Employed Overview

According to Benzinga Pro data, during Q4, PennyMac Mortgage (NYSE:PMT) posted sales of $49.48 million. Earnings were up 53.04%, but PennyMac Mortgage still reported an overall loss of $16.89 million.

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