Month-End Portfolio Data Now Available for Ares Dynamic Credit Allocation Fund, Inc.
BusinessWire - Fri Aug 19, 7:00AM CDT
Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) as of July 31, 2016 is now available via www.arespublicfunds.com.
ARCC: 16.13 (-0.03), ARES: 18.48 (+0.20), ARDC: 14.46 (-0.06)
Diversified Investments Stocks on Investors' Radar -- Ares Capital, GAMCO Global Gold Natural Resources & Income Trust, Nasdaq, and FS Investment
PR Newswire - Wed Aug 10, 7:10AM CDT
Stock-Callers.com takes a closer look at four Diversified Investments equities, namely: Ares Capital Corp. (NASDAQ: ARCC), GAMCO Global Gold Natural Resources & Income Trust (NYSEMKT: GGN), NASDAQ Inc. (NASDAQ: NDAQ), and FS Investment Corp. (NYSE: FSIC). These stocks belong in the Financial sector, which was moderately higher on Tuesday, August 09, 2016. As per NASDAQ, the NYSE Financial Sector Index rose 0.3%, whereas the S&P 500 Index has advanced less than 0.1%. Learn more about these stocks by downloading their comprehensive and free reports at:
ARCC: 16.13 (-0.03), NDAQ: 71.51 (+0.30), FSIC: 9.84 (-0.03), GGN: 6.33 (unch)
Hercules Capital's (HTGC) Q2 Earnings Beat, Costs Decline
Zacks Equity Research - Zacks Investment Research - Fri Aug 05, 6:26AM CDT
Hercules Capital, Inc.'s (HTGC) better-than-expected results were driven by higher total investment income and lower operating expenses.
HTGC: 13.63 (-0.03), ARCC: 16.13 (-0.03), GARS: 10.57 (-0.04), FSIC: 9.84 (-0.03)
Ares Capital Corporation Highlights Second Quarter 2016 Financing Commitments
BusinessWire - Thu Aug 04, 7:00AM CDT
Ares Capital Corporation (NASDAQ:ARCC) is providing additional details on its financing commitments closed during the second quarter of 2016. Financing commitments made by Ares Capital in the second quarter totaled over $530 million across 11 transactions.
ARCC: 16.13 (-0.03), ARES: 18.48 (+0.20)
Senior Direct Lending Program Launches
BusinessWire - Wed Aug 03, 7:00AM CDT
Ares Capital Corporation (NASDAQ:ARCC) and Varagon Capital Partners announced today that the Senior Direct Lending Program has officially launched. First announced in 2015, SDLP was formed to provide complete financing solutions to middle market companies and sponsors without syndication requirements. SDLP launches with nearly $3 billion of investment capacity initially and will make loans with a hold size of up to $300 million. In addition, Ares Capital and Varagon may invest alongside SDLP to accommodate larger transactions.
ARCC: 16.13 (-0.03), ARES: 18.48 (+0.20), AIG: 59.32 (-0.51)
Ares Capital Corporation Declares Third Quarter 2016 Dividend of $0.38 Per Share and Announces June 30, 2016 Financial Results
BusinessWire - Wed Aug 03, 7:00AM CDT
Ares Capital Corporation ("Ares Capital"
ARCC: 16.13 (-0.03), ARES: 18.48 (+0.20)
American Capital Reports NOI Before Income Taxes of $0.31 Per Diluted Share, Net Earnings of $0.47 Per Diluted Share and NAV Per Share of $20.77
PR Newswire - Wed Aug 03, 5:00AM CDT
American Capital, Ltd. ("American Capital" or the "Company"
ACAS: 16.90 (+0.01), ARCC: 16.13 (-0.03), AGNC: 19.17 (-0.14), ACSF: 11.43 (-0.02)
Here's Why Ocwen (OCN) Stock Surged 25% Despite Q2 Loss
Zacks Equity Research - Zacks Investment Research - Thu Jul 28, 7:37AM CDT
Lower-than-expected adjusted loss of 2 cents per share in second-quarter 2016 was one of the reasons for the rise in Ocwen's share price.
MAIN: 34.19 (-0.17), ARCC: 16.13 (-0.03), OCN: 3.38 (-0.18), GARS: 10.57 (-0.04)
Ares Management Closes Third European Direct Lending Fund
BusinessWire - Fri Jun 10, 5:30AM CDT
Ares Management, L.P. (NYSE:ARES) announced today the final closing of its third European direct lending fund, Ares Capital Europe III ("ACE III"
ARCC: 16.13 (-0.03), ARES: 18.48 (+0.20)
CORRECTING and REPLACING Ares Capital Corporation to Lead First $1 Billion Unitranche Credit Facility to Support Thoma Bravo's Acquisition of QLIK Technologies
BusinessWire - Thu Jun 02, 10:29AM CDT
First paragraph, fourth sentence of release should read: Other lead joint arrangers include Golub Capital LLC, TSSP and Varagon Capital Partners, LP (instead of Other lead joint arrangers include Golub Capital LLC, TPG Specialty Lending, Inc. and Varagon Capital Partners, LP.).
ARCC: 16.13 (-0.03), QLIK: 30.50 (+0.02), ARES: 18.48 (+0.20), TSLX: 18.52 (-0.14)
Ares Capital Corporation to Lead First $1 Billion Unitranche Credit Facility to Support Thoma Bravo's Acquisition of QLIK Technologies
BusinessWire - Thu Jun 02, 8:34AM CDT
Ares Capital Corporation (NASDAQ: ARCC) announced today that it is serving as the administrative agent, joint lead arranger and joint bookrunner for a $1.075 billion unitranche credit facility in support of the acquisition of Qlik Technologies, Inc. (NASDAQ: QLIK) by Thoma Bravo, a leading private equity firm. Ares Capital is committing to and holding a large portion of the financing, which is the largest unitranche financing by a business development company to date. In addition, Ares Capital will be leading the syndication process to attract additional lenders to the credit facility. Other lead joint arrangers include Golub Capital LLC, TPG Specialty Lending, Inc. and Varagon Capital Partners, LP. The transaction is expected to close late in the third quarter, subject to customary closing conditions, including investor and regulatory approvals.
ARCC: 16.13 (-0.03), QLIK: 30.50 (+0.02), ARES: 18.48 (+0.20), TSLX: 18.52 (-0.14)
Qlik Announces Agreement to be Acquired by Thoma Bravo for $30.50 Per Share
BusinessWire - Thu Jun 02, 7:30AM CDT
--Purchase Price Represents 40% Premium to Unaffected Stock Price
ARCC: 16.13 (-0.03), QLIK: 30.50 (+0.02)
Ares Management, L.P. Announces Pricing of $275 Million in Preferred Units
BusinessWire - Thu Jun 02, 5:30AM CDT
Ares Management, L.P. (NYSE:ARES) today announced the pricing of a $275 million offering of 11,000,000 of its 7.00% Series A Preferred Units representing limited partner interests with a liquidation preference of $25.00 per unit. In addition, Ares has granted the underwriters an option to purchase up to an additional 1,650,000 Series A Preferred Units solely to cover over-allotments.
ARCC: 16.13 (-0.03), ARES: 18.48 (+0.20)
Fitch Expects to Rate Ares Management, L.P.'s Preferred Issuance 'BBB-'
BusinessWire - Wed Jun 01, 12:09PM CDT
Fitch Ratings expects to rate Ares Management, L.P.'s (Ares) perpetual preferred issuance 'BBB-'.
ARCC: 16.13 (-0.03)
Milberg LLP Announces Investigation of Board of Directors' Decision to Sell American Capital, Ltd. to Ares Capital Corporation
PR Newswire - Tue May 31, 4:20PM CDT
Milberg LLP is investigating possible breaches of fiduciary duty and other violations of law in connection with the proposed acquisition of American Capital, Ltd. (ACAS) ("American Capital" or the "Company"
ACAS: 16.90 (+0.01), ARCC: 16.13 (-0.03), AGNC: 19.17 (-0.14)
SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of American Capital, Ltd. (ACAS) Over the Proposed Sale of the Company to Ares Capital Corp.
BusinessWire - Thu May 26, 4:01PM CDT
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of American Capital, Ltd. ("American Capital" or the "Company"
ACAS: 16.90 (+0.01), ARCC: 16.13 (-0.03)
SHAREHOLDER ALERT: Brower Piven Commences an Investigation into the Proposed Sale of American Capital Ltd. and Encourages Investors to Contact the Firm for Additional Information
BusinessWire - Tue May 24, 9:10PM CDT
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of American Capital, Ltd. (Nasdaq: ACAS) ("American Capital" or the "Company"
ACAS: 16.90 (+0.01), ARCC: 16.13 (-0.03)
AMERICAN CAPITAL, LTD. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Believe the Acquisition by Ares Capital Corporation May be Unfair to Shareholders
BusinessWire - Tue May 24, 1:33PM CDT
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of American Capital, Ltd. ("American Capital"
ACAS: 16.90 (+0.01), ARCC: 16.13 (-0.03)
SHAREHOLDER ALERT: Pomerantz LLP Investigates Claims That the Merger May Not Be in the Best Interest of Investors of American Capital Ltd. - ACAS
PR Newswire - Tue May 24, 11:35AM CDT
Pomerantz LLP is investigating claims on behalf of investors of American Capital Ltd. ("American Capital" or the "Company"
ACAS: 16.90 (+0.01), ARCC: 16.13 (-0.03)