Apollo Investment Corp. (NASDAQ:AINV) announced it has priced a public offering of 12.0 million shares of its common stock. The closing of the offering is subject to customary closing conditions and is expected to take place on February 28, 2014. The Company has granted the underwriters an option to purchase up to an additional 1.8 million shares of common stock. The offering of the shares is being made under the Company’s shelf registration statement (as amended), which was filed with, and declared effective by, the Securities and Exchange Commission. Apollo Investment Corp. (NASDAQ:AINV) stock opened at $8.66 in last trading session, and closed at $8.58, trading in the range of $8.47 – $8.70. The stock showed a negative weekly performance of -5.09%.
Ares Capital Corp. (NASDAQ:ARCC) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research note issued to investors on Tuesday, Analyst Ratings Network reports. They currently have a $19.70 target price on the stock. Zacks‘ price target would indicate a potential upside of 8.96% from the company’s current price. Ares Capital Corporation (NASDAQ:ARCC) shares closed at $18.23 on last trade day, by losing -1.41%. Stock 52 week range is $16.15 – $18.67. Company’s market capitalization is $5.42 billion.
NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) average recommendation is overweight with average Target Price of $41.46. NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) stock advanced 14.29% and finished the last session at $39.07. The EPS of the stock remained 2.24. Company’s market capitalization is $6.54 billion.
Despite a frenetic period of sales and spin-offs, Leon Black, the co-founder of Apollo Global Management LLC (NYSE:APO), said Tuesday that there were still attractive opportunities for private equity firms to invest in distressed debt. Apollo Global Management LLC (NYSE:APO) stock opened at $31.95 in last trading session and closed at $31.63. The 52 week range of the stock is $20.86 – $36.51 and the day range was $31.21 – $32.00.
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