ARCC
NASDAQ · Financial Services
Ares Capital Corp
$19.13
-0.22 (-1.14%)
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.
EVgo Shares Trade at Discount to LS Power's $2 Buyout Offer
EVgo trades at $1.86, a 14-cent discount to LS Power's $2 bid. The market has absorbed 81% of the original premium as the special committee evaluates the proposal.
BWXT Secures 1-Tonne Fuel Deal with Antares for Microreactor Push
BWXT (BWXT) will supply one tonne of TRISO fuel to Antares Nuclear, complementing an existing deal with Standard Nuclear as Antares targets 2027 power generation.
Meta Taps MongoDB CEO for Enterprise AI Push; MDB Shares Tumble 18%
Meta hires MongoDB CEO CJ Desai to lead new enterprise AI unit; MongoDB shares drop 18% as investors digest sudden leadership change.
Nintendo Shares Slide 1.2% on UBS Downgrade, Despite $4.5M Piracy Win
Nintendo shares fell 1.2% after UBS downgraded to Sell, even as a U.S. court awarded $4.5M in a piracy case. Digital sales momentum is the key test.
Oracle Shares Slide 4.4% on Project Jupiter Force Majeure Notice
Oracle shares fell 4.4% after a force majeure notice on Project Jupiter raised delay risks. With $288B in lease commitments and negative free cash flow, investors question execution.
AO World Shares Slide 4% as Jessops Deal Fails to Lift Profit Outlook
AO World shares fell 4% after acquiring Jessops but keeping full-year guidance unchanged. First-half pretax profit is expected to exceed £21.5 million.
Viking Therapeutics Shares Slip 13% on $500M Capital Raise
Viking Therapeutics shares dropped 13.6% after a $500M capital raise, nearly doubling its cash runway to fund clinical development.
Vistry Shares Slide 6.9% on £470M Reset, Profit Guidance Cut
Vistry shares dropped 6.9% after announcing a £470M restructuring and cutting 2026 profit guidance to £165M. No equity raise is expected.
Meta Shares Dip 1.4% Post-Connect as Audio Glasses Lead New Wearable Push
Meta shares slipped 1.4% after unveiling $349 Ray-Ban Audio glasses at Connect, with Reality Labs reporting a $4.62B quarterly loss.
Carnival Shares Dip Ahead of Q3 Report; Search for Missing Passenger Halted
Carnival shares slipped 2.1% ahead of Q3 earnings, while the Coast Guard suspended its search for a missing passenger. Investors await fuel cost and booking updates.
Admiral Shares Dip 0.9% as Job Cut Plan Raises Cost Questions
Admiral shares dropped 0.9% after proposing 500 UK job cuts, part of a £100M efficiency drive, but savings and charges remain undisclosed.
Legal & General Shares Dip 0.2% After Announcing 1,000 Job Cuts
Legal & General shares fell 0.2% to 296p after the company announced plans to cut 1,000 jobs by mid-2027, without providing savings targets or restructuring charges.
Instacart Expands Dollar General Partnership to 20,000 Stores; CART Shares Dip
Instacart's Dollar General rollout targets 20,000 stores, but CART shares slipped 2.6% as investors await financial details.
Mortgage Rates Climb to 6.95%, Pressuring Rocket Shares
Freddie Mac's 30-year mortgage rate jumped to 6.95%, up 19 basis points in a week. Rocket Companies (RKT) shares fell 2.2% to $12.46, near their 52-week low.
Apollo Shares Slip as Fund Redemption Requests Stay Elevated
Apollo shares fell 2.9% as its Debt Solutions fund reported redemption requests at 14.7% of shares, nearly triple the cap, but liquidity coverage remains strong.
DoorDash Settlement Already Reserved; Shares Dip Slightly
DoorDash's $131.5 million NYC settlement was fully reserved earlier. Shares dipped 0.8%. Over 264,000 workers to receive payments.
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.