ARCC
NASDAQ · Financial Services
Ares Capital Corp
$19.36
-0.08 (-0.41%)
ARCC News30 articles
Ares Capital's 10% Yield Faces Tighter Dividend Coverage
Ares Capital's dividend coverage narrowed in Q2, with core earnings covering 98% of the payout. New investments yield 10%, potentially easing pressure.
Ares Capital's 10% Yield Attracts Investors After Weekly Dip
Ares Capital shares slipped 0.8% to $18.59, but its 10% dividend yield remains a draw. Private-credit risk concerns resurface as BDC spreads tighten.
Ares Capital Ends Week Below NAV as Investors Eye Fed Minutes
Ares Capital shares finished Friday at $19.37, down 0.5% and trading at a discount to NAV. Markets will be closed Monday for Presidents Day.
Main Street Capital Shares Decline Ahead of Earnings Report
Main Street Capital shares dropped 2.4% to $59.44 Friday, underperforming alongside peers in the business development company sector. The company reports quarterly earnings on February 26.
Rightmove Shares Slide 4.1% as UK Housing Data Reveals Weak Demand
Rightmove shares closed 4.1% lower at 484.6p on Tuesday, erasing Monday's gain, as higher asking prices masked a 9% drop in buyer inquiries and a 12-year high in available homes.
SoFi Shares Jump 4.7% as Mastercard Program Goes Live on Blockchain
SoFi shares gained 4.7% after its full Mastercard card program transitioned to blockchain-based settlement using SoFiUSD, processing over $25B annually. Revenue impact remains undisclosed.
TUI Tightens FY26 EBIT Outlook, Shares Dip 1%
TUI narrowed FY26 EBIT guidance to €1.2–1.3bn, yet shares fell 0.95% as the midpoint remains 11.5% below last year. Winter bookings still trail.
Alibaba's 20-GW AI Ambition Tests Cash Flow as Shares Climb
Alibaba shares gained 2.3% after unveiling a 20-GW cloud capacity target by 2032, but heavy capex and negative free cash flow raise concerns about the cost of AI expansion.
Wendy's Shares Dip 0.6% as $146.9M Franchise Dispute Threatens 314 Locations
Wendy's shares slid 0.6% to $6.70 after a $146.9 million franchise dispute with Meritage, which operates 314 stores (5.5% of U.S. locations), entered bankruptcy.
Dutch Bros Shares Plunge to 52-Week Low Despite Strong Q2 Revenue Growth
Dutch Bros (BROS) shares fell to a 52-week low of $38.28 on Monday, despite Q2 revenue surging 32.5%. Analysts remain bullish, with targets implying at least 29% upside.
Oil's 4% Slide Sends Occidental Shares Lower, Testing Debt Goals
Occidental shares fell 2.5% as WTI crude dropped 4% to $92.16, near Q2 average. Analysts see 17-43% upside, but debt reduction hinges on sustained cash flow.
Novo Nordisk Shares Plunge 8% as Investors Question Post-Semaglutide Growth Strategy
Novo Nordisk ADRs dropped 8.18% to $39.705 after its capital markets day, as investors questioned how it will offset the 2032 U.S. semaglutide patent expiry. The company targets over DKK 150B in pipeline sales by 2035.
Nutrien Shares Pare Losses as Belarus Potash Deal Lacks Key Details
Nutrien shares pared early losses after a proposed U.S.-Belarus potash deal lacked commercial terms. The stock traded at $75.52, down 2.04%.
Alphabet's Voting Shares Command 1.1% Premium Amid Search Rally
Alphabet's voting shares (GOOGL) now trade 1.15% above non-voting GOOG after a search-driven rally. Evercore's $450 target suggests 26% upside.
IHG Cancels 80K Shares in $12.2M Buyback as Net Debt Rises to $3.66B
InterContinental Hotels Group (IHG) spent $12.2M on a routine buyback, retiring 0.054% of shares. Net debt rose to $3.66B, but H1 EPS grew 13%. Analysts see upside.
Novo Nordisk Shares Drop 5% as 2030 Strategy Omits Growth Target
Novo Nordisk shares slid 5% after its 2030 strategy omitted a numeric growth target, focusing instead on pipeline diversification and launches.
Berentzen Shares Surge 22% as Sazerac Bids €5.55 in Cash
Berentzen shares soared 22.3% to €5.54 after Sazerac's €5.55 cash bid, leaving a razor-thin 0.18% spread. Heavy volume signals market confidence in deal closure.
Porsche Shares Slide as CEO Denies Additional Job Cuts
Porsche shares dropped 2% as CEO Leiters refuted reports of further job cuts, but Volkswagen's €6B impairment keeps profitability concerns alive.
Accsys Shares Plunge 9% on Weak Earnings Outlook
Accsys shares tumbled 9.2% after the company forecast adjusted EBITDA of €21-23 million for FY27, trailing consensus of €28.8 million. Revenue fell 6% in the first five months.
Welspun Corp Shares Hit Record High on Aramco Contract Win via Associate
Welspun Corp shares touched a record high of ₹2,797.60 after its 22%-owned associate East Pipes secured a SAR771 million Aramco contract. The stock trades above analyst targets, but volume remains thin.
Resolute Mining Shares Slide 8.3% on Syama Output Cut, Margin Squeeze
Resolute Mining shares dropped 8.3% to A$1.242 after cutting 2026 gold production guidance by 18.1% due to Syama operational issues. Higher costs and reduced output narrow the gold-price buffer.
RVNL Shares Dip Despite ₹404.88 Crore Rail Order; Market Cites Priced-In Award
RVNL shares slipped 1.37% despite a ₹404.88 crore rail order, as the award was already disclosed and represents a small fraction of its backlog.
Boustead Singapore Shares Ease 1.1% on Cyber Breach; Key Details Omitted
Boustead Singapore shares slipped 1.1% after a cyber incident at an overseas unit. Critical systems were restored, but key details like the unit and costs remain undisclosed.
Perpetual Shares Tumble 14% as EQT Takeover Bid Fails
Perpetual shares dropped 13.98% to A$16.86 after the board rejected EQT's A$22.50 final bid. Investors await Bain wealth sale closure and standalone performance.
Ingenia Shares Rise 2.3% as Board Rejects Warburg's Sweetened $5.05 Bid
Ingenia shares rose 2.3% after its board rejected Warburg Pincus's revised A$5.05 cash offer, which hinges on abandoning the Peet acquisition. The stock trades 14.3% below the bid price.
Ramelius Shares Surge 7.5% on Raised FY30 Gold Production Target
Ramelius Resources (ASX:RMS) jumped 7.5% after raising its FY30 gold output target to 560,000-610,000 ounces, with growth capex planned at A$480-570 million.
Telix Shares Dip 3% on $1.65B ITM Acquisition
Telix Pharmaceuticals fell 3% after agreeing to acquire ITM for $1.65B in stock, issuing 105.8M shares. The deal adds isotope manufacturing and $273M revenue.
Nine Shares Slide 3.8% Despite AFR Growth, Raising Investor Scrutiny
Nine Entertainment's shares dropped 3.8% on Friday to A$0.765, even as The Australian Financial Review posted high-single-digit growth. Publishing EBITDA fell 3%.
Softcat Shares Dip 3.7% After Landmark GDT Acquisition
Softcat shares slid 3.7% to 1,895p after revealing its largest acquisition, GDT, for $1.05B. The stock closed just 5p above the placing price.
Robinhood Surges 9% as SEC Opens Path for Tokenized Shares
Robinhood (HOOD) closed up 9.12% at $119.82 after the SEC opened a five-year exemption for tokenized U.S. shares, sparking optimism for a domestic launch.