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What: Shares of middle-market financier BlackRock Kelso Capital
So what: BlackRock Kelso struggled to eke out a profit this quarter. The company reported a $0.03 profit whereas the consensus figure was $0.11. BlackRock Kelso cited decreased net interest income as the main reason for its significantly lowered EPS but did have a positive impact from its effort to control costs. It decided to leave its dividend untouched at $0.32 each quarter.
Now what: BlackRock Kelso was already trading at a large premium to rival MVC Capital
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