Tag: ARCC

  • Diversified Investments: Ares Capital Corporation (NASDAQ:ARCC), KCAP Financial (NASDAQ:KCAP), Harris & Harris Group (NASDAQ:TINY), Apollo Global Management LLC (NYSE:APO), CBOE Holdings (NASDAQ:CBOE)

    Investment analysts at Keefe, Bruyette & Woods started coverage on shares of Ares Capital Corporation (NASDAQ:ARES) in a note issued to investors on Tuesday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating and a $21.00 price target on the stock. Keefe, Bruyette & Woods’ price objective would suggest a potential upside of 12.36% from the stock’s previous close. Ares Capital Corporation (NASDAQ:ARCC) net profit margin is 56.70% and weekly performance is 0.64%. On last trading day company shares ended up $17.22. Analysts mean target price for the company is $18.77. Ares Capital Corporation (NASDAQ:ARCC) distance from 50-day simple moving average (SMA50) is 0.30%.

    KCAP Financial, Inc. (NASDAQ:KCAP) on 7 may announced its first quarter 2014 financial results. For the three months ended March 31, 2014, we reported total investment income of approximately $13.4 million as compared to approximately $11.4 million in the prior period, an increase of 18%. Investment income from debt securities increased 112% to approximately $5.3 million from approximately $2.5 million. KCAP Financial Inc. (NASDAQ:KCAP) shares fell -0.50% in last trading session and ended the day on $7.89. KCAP gross Margin is 78.50% and its return on assets is 4.30%.KCAP Financial Inc. (NASDAQ:KCAP) quarterly performance is -0.25%.

    Harris & Harris Group Inc. (NASDAQ:TINY) will continue to work with Ms. Forman in her new role at Proskauer. Patricia N. Egan, the Chief Financial Officer, will assume the additional role of Chief Compliance Officer beginning on July 1, 2014. Harris & Harris Group, Inc. (NASDAQ:TINY) shares moved up 0.91% in last trading session and was closed at $3.32, while trading in range of $3.26 – $3.34. Harris & Harris Group, Inc. (NASDAQ:TINY) year to date (YTD) performance is 11.41%.

    Halcón said Monday that it would sell $150 million in preferred stock to Apollo Global Management, LLC (NYSE:APO) agreeing to pay Apollo 8 percent yearly interest. Apollo will also get a 4 percent royalty on up to 75 wells that Halcón plans to drill. Apollo could buy up to $250 million more in preferred shares. Apollo Global Management LLC (NYSE:APO) ended the last trading day at $27.00. Company weekly volatility is calculated as 3.21% and price to cash ratio as 1.84.Apollo Global Management LLC (NYSE:APO) showed a positive weekly performance of 9.09%.

    CBOE Holdings, Inc. (NASDAQ:CBOE) confirmed that it will extend trading hours for CBOE Volatility Index(R) (VIX(R) Index) futures to nearly 24 hours a day, five days a week, starting Sunday, June 22. In March, CFE announced June 22 as its planned launch date. CBOE Holdings, Inc. (NASDAQ:CBOE) net profit margin is 37.90% and weekly performance is -0.96%. On last trading day company shares ended up $47.60. Analysts mean target price for the company is $52.13. CBOE Holdings, Inc. (NASDAQ:CBOE) distance from 50-day simple moving average (SMA50) is -7.12%.