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Main Street Capital Corp
$54.85
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MAIN News22 articles
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.
Plug Power Maintains Momentum Near $2.40 as Strategic Shift Gains Traction
Plug Power shares are consolidating near $2.42 following a recent rally, supported by improved financial metrics and a strategic pivot toward selling hydrogen power into the PJM grid to meet rising data center demand.
Fed Maintains Rates, Signals Single 2026 Cut Amid Elevated Inflation Outlook
The Federal Reserve kept its benchmark rate unchanged and now anticipates only one rate reduction in 2026, as policymakers increased their inflation projections. Stocks declined following the announcement.
Fed to Maintain Rates Amid Oil Spike and Inflation Pressure
The Federal Reserve is likely to keep interest rates unchanged Wednesday, with surging oil prices and persistent inflation delaying anticipated rate cuts. Key data shows consumer prices rose 0.3% in February while payrolls declined by 92,000.
Nokia Shares Dip Amid AI Product Rollout, Maintain Near 52-Week Peak
Nokia shares declined slightly in Helsinki and U.S. trading following announcements of AI-driven optical networking systems and collaborations. The stock remains close to its annual high as the market assesses the company's strategic pivot.
Morgan Stanley Maintains Sell on Ambev Amid Cost Pressures
Morgan Stanley reaffirmed its Sell recommendation on Ambev S.A., maintaining an R$11 price target due to aluminum cost concerns. The brewer's fourth-quarter net profit declined 9.9% year-over-year.
Intel Invests $1.4B in Ohio Chip Plant, Maintains 2030-2031 Timeline
Intel has disclosed a $1.4 billion investment in its Ohio chip manufacturing site for 2025 and states it does not anticipate additional project delays. The company maintains its target to begin operations between 2030 and 2031.
GlobalData Upgrades to LSE Main Market as MiniMax, Cinemark Show Divergent Paths
GlobalData Plc has moved to the London Stock Exchange's Main Market, marking a strategic milestone. Meanwhile, MiniMax Group shares rally on AI optimism despite financial concerns, and Cinemark Holdings appears undervalued amid strong momentum.
Westpac to Exit SEC Oversight in 2026, Maintains U.S. Debt Market Access
Westpac Banking Corp intends to terminate its SEC registration around May 2026, halting routine U.S. disclosures but preserving its ability to raise U.S. dollar funding through private debt markets.
Mortgage Rates Slide to 6.01%, Yet Housing Market Momentum Remains Elusive
The average 30-year fixed mortgage rate dropped to 6.01% this week, hitting a multi-year low. However, mortgage lenders and homebuilder stocks exhibited mixed performance amid tepid housing data.
Medical Properties Trust Holds Gains After Earnings, Debt Focus Remains
Medical Properties Trust shares held steady premarket after a sharp post-earnings rally, with the REIT reporting Q4 profit and a key lease. Investor focus shifts to its substantial debt load and upcoming maturities.
Santos Announces Workforce Reduction, Maintains Outlook Amid Profit Shortfall
Santos shares fell following a full-year profit miss, with the company announcing a 10% reduction in its workforce and a portfolio review. The energy producer maintained its 2026 guidance and declared a final dividend.
Reddit Shares Surge as Analysts Maintain $300 Targets Despite Engagement Concerns
Reddit stock climbed 6.5% after Citizens and Needham reaffirmed $300 price targets, though user engagement metrics show signs of softening. Broader markets edged higher ahead of key U.S. economic data.
Oil Prices Retreat as Geopolitical Tensions Maintain Supply Risk Premium
Brent and WTI crude declined Tuesday amid heightened U.S.-Iran tensions and new maritime guidance for the Strait of Hormuz. Traders await U.S. inventory data for further market direction.
Refinance Rates Remain Elevated Above 6%, Dampening Homeowner Enthusiasm
Average 30-year fixed refinance rates hold above 6%, with government-backed options slightly lower. Most borrowers face higher costs despite some lenders offering sub-6% rates.
CAR Group Maintains Gains Amid Broker Caution Over FX and AI Risks
CAR Group shares held post-earnings gains after reporting a 16% rise in half-year net profit to A$143 million and raising its dividend. Brokers trimmed price targets citing foreign exchange and AI uncertainties.
Snowflake Gains as Jefferies Dismisses AI Concerns, Maintains $300 Target
Snowflake shares rose 3.4% to $174.10 amid a tech rebound, with Jefferies reaffirming a Buy rating and $300 price target ahead of the company's Feb. 25 earnings report.
Mortgage Rates Hold Steady Near 6% Threshold, Refinancing Costs Remain Elevated
U.S. mortgage rates showed little movement this week, with the benchmark 30-year fixed rate persisting around 6%. Refinance rates continue to outpace purchase rates, dampening homeowner incentive.
IHC Shares Remain Static Near AED 400 as ADX Trading Resumes
International Holding Company PJSC stock held flat at AED 399.60 with minimal volume, showing no reaction to broader Gulf market gains driven by diplomatic developments.
Moutai App Maintenance and Order Crackdown Draw Investor Scrutiny Ahead of Trading
Kweichow Moutai's iMoutai app undergoes overnight maintenance and refunds flagged orders, putting focus on its direct-sales channel as shares prepare for Monday trading.
RTX Dividend Maintained Amid Pentagon Scrutiny on Defense Contractor Payouts
RTX affirmed its quarterly dividend while defense contractors await a Pentagon list that could restrict shareholder returns. The company's Raytheon unit has been flagged for responsiveness concerns.