Aug 24, 2017 by Jordan Wathen5 Stocks Billionaire Investor Bill Ackman Is Buying and SellingRegulatory filings show big changes in billionaire Bill Ackman's Pershing Square fund holdings.
Aug 24, 2017 by Jordan WathenPennantPark Investment Corp.: A Case in Earnings QualityPennantPark generates a substantial share of income from non-cash sources, which can be a problem for investors who expect a dividend in cash.
Aug 17, 2017 by Jordan Wathen3 Stocks Carl Icahn Is Buying and SellingIcahn was busy last quarter, selling shares of PayPal and AIG while adding to his control position in Icahn Enterprises.
Aug 16, 2017 by Jordan WathenMain Street Capital: Bull vs. BearHere's the bull and bear case for a high-yield darling.
Aug 16, 2017 by Jordan WathenA Check Up on BDCsBusiness development companies are undergoing a sea change as the asset class becomes more institutionalized.
Aug 11, 2017 by Jordan WathenFS Investment Corp: Who Should Pay for Lower Returns?The relationship between GSO/Blackstone and FS Investments may not be as friendly as it appears to be.
Aug 9, 2017 by Jordan WathenWhat’s New in BDC Land: Golub Capital, Ares Capital and Monroe Capital Corp.Business development companies don't get as much press as other segments of the financial industry, but these are stories worth noting.
Aug 9, 2017 by Jordan WathenWhy Everi Holdings Inc. Stock Jumped 19% TodayShares of the casino gaming and payments company soared on a strong earnings report.
Aug 9, 2017 by Jordan WathenMain Street Capital: Diving Into Second-Quarter EarningsA look at what drove Main Street Capital's earnings this quarter.
Aug 8, 2017 by Jordan WathenWhy Capitala Finance Corp. Stock Dropped 14% TodayShares of Capitala Finance Corp. are plunging after the company put more investments on its non-accrual list.
Aug 8, 2017 by Jordan WathenWhy LendingClub Corp Stock Jumped 11% TodaySigns point toward LendingClub regaining confidence among institutional investors, who drive the bulk of demand for loans on its platform.
Aug 7, 2017 by Jordan WathenBitcoin Prices Reach All-Time Highs, but Bitcoin Investment Trust LagsThe Bitcoin Investment Trust shows the dangers of paying high premiums to a fund's underlying asset value.
Aug 7, 2017 by Jordan WathenWhy On Deck Capital Stock Jumped More Than 20% on MondayShares of the online lender rose after it announced an expanded partnership with JPMorgan Chase, higher-quality originations, and a smaller loss in the second quarter.
Aug 7, 2017 by Jordan WathenWhat's Going on in BDC Land?Oaktree Capital is excited about the opportunity to roll up more BDCs, Solar Capital bought a commercial lessor, and Hercules Capital thinks it needs to externalize to pursue lower-yielding assets.
Aug 6, 2017 by Jordan Wathen, Jason Hall, and Daniel Miller3 Dividend Stocks for Shrewd InvestorsThese three high-yielding stocks offer compelling yields for smart investors.
Aug 5, 2017 by Jordan Wathen, Jason Hall, and Daniel Miller3 Dividend Stocks for In-the-Know InvestorsA stock, a mutual fund, and a REIT offer yields two times higher than the stock market average.
Aug 4, 2017 by Jordan WathenBerkshire Hathaway: Insurance Losses Drag Down Second-Quarter Operating EarningsThe Omaha-based conglomerate saw operating earnings decline by 11%, driven primarily by a decline in insurance underwriting results.
Aug 4, 2017 by Jordan WathenApollo Investment Earnings: A Changing PortfolioThe private equity investor and lender is in the midst of a portfolio shift toward safer debt investments after a history of losses in speculative securities.
Aug 3, 2017 by Jordan WathenSnap vs. S&P Global: 3 Reasons I'm on Snap's SideS&P Global's decision to bar Snap from inclusion in its most prominent indexes shows the increasingly arbitrary rules that govern the largest indices.
Aug 3, 2017 by Jordan WathenWhy Triangle Capital Corporation Stock Dropped TodayShares of the business development company were battered by a lengthy list of underperforming investments.