Capital Markets Stocks Technical Study -- Ares Capital, Franklin Resources, Fifth Street Finance, BGC Partners, and UBS AG
PR Newswire - Wed Jul 30, 8:10AM CDT
On Tuesday, July 29, 2014, the NASDAQ Composite ended at 4,442.70, down 0.05%, the Dow Jones Industrial Average finished the day 0.42% lower at 16,912.11, and the S&P 500 closed at 1,969.95, down 0.45%. The losses were broad based as nine out of ten sectors ended the session in negative. The S&P 500 Financials Sector Index ended the day at 306.81, down 0.61%, while the index has advanced 3.85% in the previous three months. Investor-Edge has initiated coverage on the following equities: Ares Capital Corporation (NASDAQ: ARCC), Franklin Resources Inc. (NYSE: BEN), Fifth Street Finance Corporation (NASDAQ: FSC), BGC Partners Inc. (NASDAQ: BGCP), and UBS AG (NYSE: UBS). Free research on these five companies can be accessed at:
Behrman Capital Completes $410 Million Refinancing For ILC Industries
PR Newswire - Mon Jul 21, 8:00AM CDT
Behrman Capital, a private equity investment firm based in New York and San Francisco, announced today that it has completed a new $410 million refinancing for its portfolio company ILC Industries, LLC ("ILC"
More Money, Please
Jordan Wathen, The Motley Fool - Motley Fool - Sat Jul 19, 9:16AM CDT
As BDCs bounce back from their lows during the Russell 2000 fiasco , Fifth Street Finance and Ares Capital Corporation are back in the market to raise fresh cash from investors. The terms, and timing, of these equity raises are interesting...
Marlin Business Services (MRLN) in Focus: Stock Rises 5.1% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Jul 18, 8:32AM CDT
Marlin Business Services Corp. (MRLN)was a big mover last session, as the company saw its shares ris emore than 5% on the day.
Why Prospect Capital Corporation Is the 1 BDC You Should Own in Your Income Portfolio
Kingkarn Amjaroen, The Motley Fool - Motley Fool - Thu Jul 17, 9:46AM CDT
Prospect Capital is one of the largest business development companies in the sector, ranking only second to Ares Capital Corporation . Nonetheless, Prospect Capital has reached a respectable size with a market capitalization of $3.6 billion and...
After Yesterday's Decline of 2.18%, Ares Capital Offers Investors Better Value
Comtex SmarTrend(R) - Wed Jul 16, 4:43PM CDT
Ares Capital (NASDAQ:ARCC) traded in a range yesterday that spanned from a low of $16.93 to a high of $17.05. Yesterday, the shares fell 2.2%, which took the trading range below the 3-day low of $17.22 on volume of 18.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Big and Small Opportunities in High-Yield Stocks
Jordan Wathen, The Motley Fool - Motley Fool - Wed Jul 16, 1:32PM CDT
Private equity is private equity -- until it isn't. There are big differences between the lower middle market, where Triangle Capital and Main Street Capital invest, vs. the true middle market, where larger players like Ares Capital pick...
Why Ares Capital (ARCC) Stock Is Down Today
at The Street - Wed Jul 16, 9:01AM CDT
Ares Capital (ARCC) fell Wednesday after the specialty finance company priced its offering of shares of its common stock.
Ares Capital Corporation Prices Public Offering
Business Wire - Wed Jul 16, 7:45AM CDT
Ares Capital Corporation (Nasdaq:ARCC) announced that it has priced a public offering of 13,500,000 shares of its common stock. Ares Capital has granted the underwriters an option to purchase up to an additional 2,025,000 shares of common stock. The offering is subject to customary closing conditions and is expected to close on July 21, 2014. The offering of the shares is being made under Ares Capital's shelf registration statement (as amended), which was filed with, and declared effective by, the Securities and Exchange Commission. On July 15, 2014, the official close price of Ares Capital's common stock on The NASDAQ Global Select Market under the symbol "ARCC" was $17.40 per share.
Month-End Portfolio Data Now Available for Ares Management's Closed-End Funds
Business Wire - Wed Jul 16, 7:01AM CDT
Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund (NYSE:ARDC) and Ares Multi-Strategy Credit Fund (NYSE:ARMF) as of June 30, 2014, are now available via www.arespublicfunds.com.
Why Ares Capital (ARCC) Stock Is Down in After-Hours Trading
at The Street - Tue Jul 15, 3:50PM CDT
Ares Capital (ARCC) fell in after-hours trading on Tuesday after the finance company announced a public offering of shares of its common stock.
Ares Capital Corporation Announces Public Offering
Business Wire - Tue Jul 15, 3:14PM CDT
Ares Capital Corporation (Nasdaq:ARCC) announced that it plans to make a public offering of 11,850,000 shares of its common stock. Ares Capital also plans to grant the underwriters an option to purchase up to an additional 1,777,500 shares of common stock. The offering of the shares will be made under Ares Capital's shelf registration statement (as amended), which was filed with, and declared effective by, the Securities and Exchange Commission.
Ares Capital Corporation Schedules Earnings Release for the Quarter Ended June 30, 2014
Business Wire - Fri Jul 11, 7:00AM CDT
Ares Capital Corporation ("Ares Capital"
SmarTrend Watching for Potential Rebound in Shares of Ares Capital After 1.59% Loss
Comtex SmarTrend(R) - Wed Jul 09, 4:29PM CDT
Ares Capital (NASDAQ:ARCC) traded in a range yesterday that spanned from a low of $17.31 to a high of $17.66. Yesterday, the shares fell 1.6%, which took the trading range below the 3-day low of $17.50 on volume of 5.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Fifth Street Finance Corp.: Buy After a Dividend Increase?
Jordan Wathen, The Motley Fool - Motley Fool - Wed Jul 09, 8:06AM CDT
Source: Investor Relations Score one for Fifth Street Finance shareholders. The company announced a 10% dividend increase, promising to pay out an annualized dividend of $1.10 per share. Dividends in flux Business development companies...
The Downside of 10% Dividend Yields
Jordan Wathen, The Motley Fool - Motley Fool - Mon Jul 07, 4:52PM CDT
What's not to love about business development companies like American Capital Ltd. ? They're required by law to pay out all of their income. Dividend yields frequently top an eye-popping 10% per year, as has been the case at Apollo Investment...
Regent Education Raises $9 Million to Expand Sales and Support of Financial Aid Management Solutions
PR Newswire - Mon Jul 07, 2:44PM CDT
Regent Education, the leading provider of financial aid management and enrollment optimization software solutions for higher education institutions, today announced a $9 million round of funding to support and accelerate the company's growth.
Fifth Street Finance Corp. Is Making Use of the 30% Bucket
Jordan Wathen, The Motley Fool - Motley Fool - Thu Jul 03, 5:00AM CDT
Fifth Street Finance has joined a number of peers in making better use of its 30% "bucket." High-yield business development companies such as Fifth Street can dedicate up to 30% of their balance sheet to assets that are considered "nonqualified"...
Watch for Ares Capital to Potentially Pullback After Gaining 1.08% Yesterday
Comtex SmarTrend(R) - Mon Jun 30, 5:06PM CDT
Ares Capital (NASDAQ:ARCC) traded in a range yesterday that spanned from a low of $17.63 to a high of $17.92. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $17.78 on volume of 4.5 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Ares Capital Set to Possibly Pullback After Yesterday's Rally of 2.04%
Comtex SmarTrend(R) - Thu Jun 26, 5:22PM CDT
Ares Capital (NASDAQ:ARCC) traded in a range yesterday that spanned from a low of $17.12 to a high of $17.54. Yesterday, the shares gained 2.0%, which took the trading range above the 3-day high of $17.23 on volume of 3.5 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.