On May 8, 2014, Robert K. Kraft was appointed to the Board of Directors (the “Board of Directors”) of Apollo Global Management LLC (NYSE:APO). Mr. Kraft will serve as a member of the conflicts committee of the Board of Directors. Mr. Kraft will receive an annual cash retainer of $135,000 for serving as a director of the Company and as a member of the conflicts committee of the Board of Directors. Apollo Global Management LLC (NYSE:APO) net profit margin is 20.90% and weekly performance is -4.25%. On last trading day company shares ended up $25.69. Analysts mean target price for the company is $35.03. Apollo Global Management LLC (NYSE:APO) distance from 50-day simple moving average (SMA50) is -13.66%.
The ASDAQ OMX Group, Inc. (NASDAQ:NDAQ) announced the launch of its SMARTS FX Trade Surveillance for global foreign exchange (FX) trading. The SMARTS FX Trade Surveillance module gives surveillance and compliance teams the ability to monitor trading in FX products for possible manipulation of rate fixes, insider trading/front-running, unusual pricing and other suspect behaviors. As a means to monitor and mitigate risks associated with the FX market, the new SMARTS FX offering provides a comprehensive visualization of all trading in individual currency pairs. NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) shares advanced 0.05% in last trading session and ended the day on $36.53. NDAQ Gross Margin is 59.60% and its return on assets is 4.20%. NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) quarterly performance is -5.02%.
Gladstone Investment Corporation (NASDAQ:GAIN) announced that it has entered into an agreement to sell 2,200,000 shares of its newly designated 6.75% Series 2021 Term Preferred Shares (the “Series 2021 Term Preferred Shares”) at a public offering price of $25.00 per share, raising $55.0 million in gross proceeds and approximately $52.8 million in net proceeds after payment of underwriting discounts and commissions and estimated expenses of the offering payable by the Company. The Company has also granted the underwriters a 30-day option to purchase 240,000 additional Series 2021 Term Preferred Shares on the same terms and conditions to cover over-allotments, if any. Gladstone Investment Corporation (NASDAQ:GAIN) shares moved down -1.52% in last trading session and was closed at $7.75, while trading in range of $7.75 – $8.03. Gladstone Investment Corporation (NASDAQ:GAIN) year to date (YTD) performance is -0.90%.
MVC Capital, Inc. (NYSE:MVC) Director Phillip Goldstein purchased 16,980 shares of the stock on the open market in a transaction dated Monday, April 28th. The stock was purchased at an average cost of $12.98 per share, with a total value of $220,400.40. Following the completion of the acquisition, the director now directly owns 45,750 shares of the company’s stock, valued at approximately $593,835. MVC Capital, Inc. (NYSE:MVC) ended the last trading day at $12.82. Company weekly volatility is calculated as 1.28% and price to cash ratio as 5.27. MVC Capital, Inc. (NYSE:MVC) showed a negative weekly performance of -1.54%.
On May 13, Harris & Harris Group, Inc. (NASDAQ:TINY), notes the announcement by portfolio company, Metabolon, Inc., that it has entered into a collaboration agreement with GlaxoSmithKline (“GSK”) to provide metabolomic profiling services and to collaborate on other research projects leveraging Metabolon’s DiscoveryHD4(TM) platform. Harris & Harris Group, Inc. (NASDAQ:TINY) shares moved down -0.58% in last trading session and was closed at $3.41, while trading in range of $3.36 – $3.46. Harris & Harris Group, Inc. (NASDAQ:TINY) year to date (YTD) performance is 14.43%.