Ticc Capital Corp (TICC) 5.60 $TICC
TPG Specialty Lending, Inc. Sends Letter to TICC Capital Corp. Chairman of the Board Highlighting Board's Self-Serving Actions and Lack of Alignment with Stockholders
BusinessWire - 2 hrs 10 mins ago
--TSLX Remains Committed to Effecting Change and Advocates for a More Sustainable Dividend Policy to Provide Greater Value to Stockholders
TSLX: 17.45 (-0.04), TICC: 5.60 (-0.03)
TICC Capital Corp. Schedules Second Quarter 2016 Earnings Release and Conference Call for August 4, 2016
Marketwire Canada - Fri Jul 29, 7:00AM CDT
GREENWICH, CT--(Marketwired - Jul 29, 2016) - TICC Capital Corp. (NASDAQ: TICC) announced today that it will hold a conference call to discuss second quarter 2016 earnings on Thursday, August 4, 2016 at 9:30 AM. The toll free dial-in number will be 1-888-339-0740. There will be a recording available for 30 days. If you are interested in hearing the recording, please dial 1-877-344-7529. The replay pass-code number is 10090947.
TICC: 5.60 (-0.03)
TICC Urges Stockholders to Protect Their Distribution and Investment by Voting against TSLX's Proposals
BusinessWire - Thu Jul 28, 3:30PM CDT
TICC Capital Corp. (NASDAQ:TICC) (the "Company," "TICC," "we," or "our"
today sent a letter to stockholders explaining the Company's current distribution policy, and the value it creates for stockholders, and urging stockholders to reject TPG Specialty Lending Inc's (TSLX) self-serving campaign by voting "FOR" the Company's proposals on the WHITE proxy card.
TICC: 5.60 (-0.03)
TICC Provides Update on Loan Rotation Strategy During the Second Quarter of 2016
BusinessWire - Tue Jul 19, 8:03AM CDT
TICC Capital Corp. (NASDAQ:TICC) ("TICC" or the "Company" today announced that during the quarter ended June 30, 2016 it exited (through sales and repayments, excluding amortization payments) $59.1 million of 1st and 2nd Lien syndicated corporate loans at an average price of 100.2% of the par value of such loans and an estimated weighted average yield at exit price of 6.89%(1). This was consistent with the Company's ongoing strategy of rotating its corporate loan portfolio into higher-yielding, less liquid loans that it will hold on a less-levered basis. Also during the same quarter, TICC purchased $36.0 million of 1st and 2nd Lien corporate loans at an average price of 92.6% of the par value of such loans and an estimated weighted average yield at purchase price of 11.60%(1).
TICC: 5.60 (-0.03)
Downgrade Alert for TICC Capital (TICC)
Comtex SmarTrend(R) - Wed May 11, 3:45AM CDT
TICC Capital (NASDAQ:TICC) was downgraded from Buy to Neutral at National Securities today. The stock closed yesterday at $5.17 on volume of 269,000 shares, above average daily volume of 163,000. TICC Capital Corporation is a business development company that provides capital primarily to technology-related companies. The Company invests in computer software and hardware, information technology, Internet, networking systems, diversified technology, medical devices, telecommunications, media, and semiconductor companies.
TICC: 5.60 (-0.03)
TICC Announces Results of Operations for the Quarter Ended March 31, 2016 and Announces Quarterly Distribution of $0.29 per Share
Marketwired - Tue May 03, 7:00AM CDT
TICC Capital Corp. (NASDAQ: TICC) ("TICC," the "Company," "we," "us" or "our" announced today its financial results for the quarter ended March 31, 2016, and announced a distribution of $0.29 per share for the second quarter of 2016.
TICC: 5.60 (-0.03)
Incentives Still Matter: Mortgage REIT Edition
Jordan Wathen, The Motley Fool - Motley Fool - Fri Apr 15, 5:27AM CDT
A Morningstar analyst once opined that "if traditional banks are like Volvos, mREITs are like race cars -- without seat belts or airbags." That may be the best one-sentence description ever written on mortgage REITs. The mREIT business model is...
NLY: 11.00 (-0.06), TICC: 5.60 (-0.03), HTS: 16.29 (+0.09)
TICC Announces Results of Operations for the Quarter and the Year Ended December 31, 2015 and Announces Quarterly Distribution of $0.29 per Share
Marketwired - Thu Mar 10, 7:15AM CST
TICC Capital Corp. (NASDAQ: TICC) ("TICC," the "Company," "we," "us" or "our" announced today its financial results for the quarter and year ended December 31, 2015, and announced a distribution of $0.29 per share for the first quarter of 2016.
TICC: 5.60 (-0.03)
CORRECTING and REPLACING TICC Announces Investment Advisory Fee Waiver Arrangement Intended to Be "Best-in-Class"
BusinessWire - Wed Mar 09, 7:17PM CST
--Names Independent Director, Steve Novak, Chairman of the Board
TICC: 5.60 (-0.03)
TICC Announces Investment Advisory Fee Waiver Arrangement Intended to Be "Best-in-Class"
BusinessWire - Wed Mar 09, 4:00PM CST
--Names Independent Director, Steve Novak, Chairman of the Board
TICC: 5.60 (-0.03), MS: 28.36 (-0.14)
TICC Capital Has Returned 17.9% Since SmarTrend Recommendation (TICC)
Comtex SmarTrend(R) - Fri Feb 05, 6:50PM CST
SmarTrend identified a Downtrend for TICC Capital (NASDAQ:TICC) on December 14th, 2015 at $6.12. In approximately 2 months, TICC Capital has returned 17.91% as of today's recent price of $5.02.
TICC: 5.60 (-0.03)
Instant Analysis: A BDC Manager Seeks to Dismantle Another
Jordan Wathen, The Motley Fool - Motley Fool - Fri Feb 05, 4:41PM CST
What happened? This story is the gift that keeps giving in the BDC industry. After launching an unsuccessful campaign to acquire TICC Capital , TPG Specialty Lending has chosen the nuclear option: a new campaign to add a member to the TICC...
TSLX: 17.45 (-0.04), TICC: 5.60 (-0.03)
18.1% Return Seen to Date on SmarTrend TICC Capital Call (TICC)
Comtex SmarTrend(R) - Fri Jan 29, 10:17AM CST
SmarTrend identified a Downtrend for TICC Capital (NASDAQ:TICC) on December 14th, 2015 at $6.12. In approximately 2 months, TICC Capital has returned 18.07% as of today's recent price of $5.01.
TICC: 5.60 (-0.03)
How to Draw an Activist Investor
Jordan Wathen, The Motley Fool - Motley Fool - Mon Jan 25, 1:21PM CST
What do American Capital , TICC Capital , Fifth Street Finance , and KCAP Financial have in common? They all make money financing buyouts, sure. But the main commonality is the involvement of an activist investor. Each and every company...
ACAS: 16.49 (-0.01), FSC: 5.57 (-0.04), TICC: 5.60 (-0.03), KCAP: 4.12 (-0.04)
2 Dividend Stocks Facing Winter Frostbite
Jordan Wathen, The Motley Fool - Motley Fool - Mon Jan 11, 6:07AM CST
Winter may bring cold reception to TICC Capital (NASDAQ: TICC) and Apollo Investment Corp .'s (NASDAQ: AINV) calendar fourth-quarter earnings. Both have big stakes in collateralized loan obligations, or CLO equity. CLO equity translates into a...
AINV: 5.72 (+0.01), TICC: 5.60 (-0.03)
3 Thoughts on American Capital's For-Sale Sign
Jordan Wathen, The Motley Fool - Motley Fool - Fri Jan 08, 3:24PM CST
Just 52 days after an activist took it to task, American Capital Ltd. is ready to put itself up for sale. This could be a defining moment for business development companies, which have seen their average valuations fall to less than 80% of book...
ACAS: 16.49 (-0.01), MAIN: 33.44 (+0.05), TCAP: 19.80 (+0.02), ARCC: 15.20 (-0.09), TSLX: 17.45 (-0.04), TICC: 5.60 (-0.03), GBDC: 18.91 (-0.09)
TICC Announces Full Repayment and Termination of Credit Facility
Marketwired - Mon Jan 04, 7:00AM CST
TICC Capital Corp. (NASDAQ: TICC) (the "Company" announced today that TICC Funding LLC, a special purpose vehicle and wholly-owned subsidiary of the Company, which previously entered into a revolving credit facility (the "Facility", has repaid in full its $150 million of outstanding borrowings under the Facility and has unilaterally terminated the Facility as of December 31, 2015 in accordance with its terms. The Facility had been scheduled to mature on October 27, 2017. This repayment is consistent with TICC's current strategy as discussed on the Company's November 9, 2015 conference call.
TICC: 5.60 (-0.03)
12 Predictions for High-Yield BDCs in 2016
Jordan Wathen, The Motley Fool - Motley Fool - Sun Jan 03, 12:18PM CST
A great baseball player once said, "Never make predictions -- especially about the future." Against his better judgment, I'm here to share 12 predictions about business development companies for 2016. Some will almost certainly prove true, while...
ACAS: 16.49 (-0.01), FSC: 5.57 (-0.04), AINV: 5.72 (+0.01), TICC: 5.60 (-0.03), MCC: 7.17 (-0.08), FSIC: 9.35 (-0.01)
TPG Specialty Lending, Inc. Sends Letter to TICC Capital Corp. Chairman of the Board Highlighting Board's Self-Serving Actions and Lack of Alignment with Stockholders
BusinessWire - 2 hrs 10 mins ago
--TSLX Remains Committed to Effecting Change and Advocates for a More Sustainable Dividend Policy to Provide Greater Value to Stockholders
TSLX: 17.45 (-0.04), TICC: 5.60 (-0.03)
TICC Capital Corp. Schedules Second Quarter 2016 Earnings Release and Conference Call for August 4, 2016
Marketwire Canada - Fri Jul 29, 7:00AM CDT
GREENWICH, CT--(Marketwired - Jul 29, 2016) - TICC Capital Corp. (NASDAQ: TICC) announced today that it will hold a conference call to discuss second quarter 2016 earnings on Thursday, August 4, 2016 at 9:30 AM. The toll free dial-in number will be 1-888-339-0740. There will be a recording available for 30 days. If you are interested in hearing the recording, please dial 1-877-344-7529. The replay pass-code number is 10090947.
TICC: 5.60 (-0.03)
TICC Urges Stockholders to Protect Their Distribution and Investment by Voting against TSLX's Proposals
BusinessWire - Thu Jul 28, 3:30PM CDT
TICC Capital Corp. (NASDAQ:TICC) (the "Company," "TICC," "we," or "our"
today sent a letter to stockholders explaining the Company's current distribution policy, and the value it creates for stockholders, and urging stockholders to reject TPG Specialty Lending Inc's (TSLX) self-serving campaign by voting "FOR" the Company's proposals on the WHITE proxy card. TICC: 5.60 (-0.03)
TICC Provides Update on Loan Rotation Strategy During the Second Quarter of 2016
BusinessWire - Tue Jul 19, 8:03AM CDT
TICC Capital Corp. (NASDAQ:TICC) ("TICC" or the "Company"
today announced that during the quarter ended June 30, 2016 it exited (through sales and repayments, excluding amortization payments) $59.1 million of 1st and 2nd Lien syndicated corporate loans at an average price of 100.2% of the par value of such loans and an estimated weighted average yield at exit price of 6.89%(1). This was consistent with the Company's ongoing strategy of rotating its corporate loan portfolio into higher-yielding, less liquid loans that it will hold on a less-levered basis. Also during the same quarter, TICC purchased $36.0 million of 1st and 2nd Lien corporate loans at an average price of 92.6% of the par value of such loans and an estimated weighted average yield at purchase price of 11.60%(1). TICC: 5.60 (-0.03)
Downgrade Alert for TICC Capital (TICC)
Comtex SmarTrend(R) - Wed May 11, 3:45AM CDT
TICC Capital (NASDAQ:TICC) was downgraded from Buy to Neutral at National Securities today. The stock closed yesterday at $5.17 on volume of 269,000 shares, above average daily volume of 163,000. TICC Capital Corporation is a business development company that provides capital primarily to technology-related companies. The Company invests in computer software and hardware, information technology, Internet, networking systems, diversified technology, medical devices, telecommunications, media, and semiconductor companies.
TICC: 5.60 (-0.03)
TICC Announces Results of Operations for the Quarter Ended March 31, 2016 and Announces Quarterly Distribution of $0.29 per Share
Marketwired - Tue May 03, 7:00AM CDT
TICC Capital Corp. (NASDAQ: TICC) ("TICC," the "Company," "we," "us" or "our"
announced today its financial results for the quarter ended March 31, 2016, and announced a distribution of $0.29 per share for the second quarter of 2016. TICC: 5.60 (-0.03)
Incentives Still Matter: Mortgage REIT Edition
Jordan Wathen, The Motley Fool - Motley Fool - Fri Apr 15, 5:27AM CDT
A Morningstar analyst once opined that "if traditional banks are like Volvos, mREITs are like race cars -- without seat belts or airbags." That may be the best one-sentence description ever written on mortgage REITs. The mREIT business model is...
NLY: 11.00 (-0.06), TICC: 5.60 (-0.03), HTS: 16.29 (+0.09)
TICC Announces Results of Operations for the Quarter and the Year Ended December 31, 2015 and Announces Quarterly Distribution of $0.29 per Share
Marketwired - Thu Mar 10, 7:15AM CST
TICC Capital Corp. (NASDAQ: TICC) ("TICC," the "Company," "we," "us" or "our"
announced today its financial results for the quarter and year ended December 31, 2015, and announced a distribution of $0.29 per share for the first quarter of 2016. TICC: 5.60 (-0.03)
CORRECTING and REPLACING TICC Announces Investment Advisory Fee Waiver Arrangement Intended to Be "Best-in-Class"
BusinessWire - Wed Mar 09, 7:17PM CST
--Names Independent Director, Steve Novak, Chairman of the Board
TICC: 5.60 (-0.03)
TICC Announces Investment Advisory Fee Waiver Arrangement Intended to Be "Best-in-Class"
BusinessWire - Wed Mar 09, 4:00PM CST
--Names Independent Director, Steve Novak, Chairman of the Board
TICC: 5.60 (-0.03), MS: 28.36 (-0.14)
TICC Capital Has Returned 17.9% Since SmarTrend Recommendation (TICC)
Comtex SmarTrend(R) - Fri Feb 05, 6:50PM CST
SmarTrend identified a Downtrend for TICC Capital (NASDAQ:TICC) on December 14th, 2015 at $6.12. In approximately 2 months, TICC Capital has returned 17.91% as of today's recent price of $5.02.
TICC: 5.60 (-0.03)
Instant Analysis: A BDC Manager Seeks to Dismantle Another
Jordan Wathen, The Motley Fool - Motley Fool - Fri Feb 05, 4:41PM CST
What happened? This story is the gift that keeps giving in the BDC industry. After launching an unsuccessful campaign to acquire TICC Capital , TPG Specialty Lending has chosen the nuclear option: a new campaign to add a member to the TICC...
TSLX: 17.45 (-0.04), TICC: 5.60 (-0.03)
18.1% Return Seen to Date on SmarTrend TICC Capital Call (TICC)
Comtex SmarTrend(R) - Fri Jan 29, 10:17AM CST
SmarTrend identified a Downtrend for TICC Capital (NASDAQ:TICC) on December 14th, 2015 at $6.12. In approximately 2 months, TICC Capital has returned 18.07% as of today's recent price of $5.01.
TICC: 5.60 (-0.03)
How to Draw an Activist Investor
Jordan Wathen, The Motley Fool - Motley Fool - Mon Jan 25, 1:21PM CST
What do American Capital , TICC Capital , Fifth Street Finance , and KCAP Financial have in common? They all make money financing buyouts, sure. But the main commonality is the involvement of an activist investor. Each and every company...
ACAS: 16.49 (-0.01), FSC: 5.57 (-0.04), TICC: 5.60 (-0.03), KCAP: 4.12 (-0.04)
2 Dividend Stocks Facing Winter Frostbite
Jordan Wathen, The Motley Fool - Motley Fool - Mon Jan 11, 6:07AM CST
Winter may bring cold reception to TICC Capital (NASDAQ: TICC) and Apollo Investment Corp .'s (NASDAQ: AINV) calendar fourth-quarter earnings. Both have big stakes in collateralized loan obligations, or CLO equity. CLO equity translates into a...
AINV: 5.72 (+0.01), TICC: 5.60 (-0.03)
3 Thoughts on American Capital's For-Sale Sign
Jordan Wathen, The Motley Fool - Motley Fool - Fri Jan 08, 3:24PM CST
Just 52 days after an activist took it to task, American Capital Ltd. is ready to put itself up for sale. This could be a defining moment for business development companies, which have seen their average valuations fall to less than 80% of book...
ACAS: 16.49 (-0.01), MAIN: 33.44 (+0.05), TCAP: 19.80 (+0.02), ARCC: 15.20 (-0.09), TSLX: 17.45 (-0.04), TICC: 5.60 (-0.03), GBDC: 18.91 (-0.09)
TICC Announces Full Repayment and Termination of Credit Facility
Marketwired - Mon Jan 04, 7:00AM CST
TICC Capital Corp. (NASDAQ: TICC) (the "Company"
announced today that TICC Funding LLC, a special purpose vehicle and wholly-owned subsidiary of the Company, which previously entered into a revolving credit facility (the "Facility", has repaid in full its $150 million of outstanding borrowings under the Facility and has unilaterally terminated the Facility as of December 31, 2015 in accordance with its terms. The Facility had been scheduled to mature on October 27, 2017. This repayment is consistent with TICC's current strategy as discussed on the Company's November 9, 2015 conference call. TICC: 5.60 (-0.03)
12 Predictions for High-Yield BDCs in 2016
Jordan Wathen, The Motley Fool - Motley Fool - Sun Jan 03, 12:18PM CST
A great baseball player once said, "Never make predictions -- especially about the future." Against his better judgment, I'm here to share 12 predictions about business development companies for 2016. Some will almost certainly prove true, while...
ACAS: 16.49 (-0.01), FSC: 5.57 (-0.04), AINV: 5.72 (+0.01), TICC: 5.60 (-0.03), MCC: 7.17 (-0.08), FSIC: 9.35 (-0.01)
