The high-yield BDC could be a safe haven investment in a stormy market.Ares Capital (ARCC 1.74%) is often considered a reliable income investment. It's the world's largest business development company (BDC), with a $26.8 billion portfolio at the end of 2024, and it pays out most of its profits as dividends. It currently pays a hefty forward dividend yield of 9.1%, and it has paid continuous dividends since its IPO in 2004. BDCs also need to pay out at least 90% of their taxable profits as dividends to maint ...

Core Viewpoint - Healthcare Services (HCSG) reported quarterly earnings of $0.23 per share, exceeding the Zacks Consensus Estimate of $0.18 per share, and showing an increase from $0.22 per share a year ago [1][2] Financial Performance - The company achieved revenues of $447.66 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.85% and increasing from $423.43 million year-over-year [3] - HCSG has surpassed consensus EPS estimates three times in the last four quarters [2][3] Stock Performance - The stock has underperformed, losing about 19% since the beginning of the year, compared to the S&P 500's decline of 10.1% [4] - The sustainability of the stock's price movement will depend on management's commentary during the earnings call [4] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.19 on revenues of $446.6 million, and for the current fiscal year, it is $0.80 on revenues of $1.79 billion [8] - The estimate revisions trend for HCSG is currently favorable, resulting in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [7] Industry Context - The Business - Services industry, to which HCSG belongs, is currently in the top 32% of over 250 Zacks industries, suggesting a favorable outlook for stocks within this sector [9]

Group 1 - CGI will release its second quarter fiscal year 2025 results on April 30, 2025, before the markets open [1] - The conference call to discuss the results will be hosted by François Boulanger, President and CEO, and Steve Perron, Executive Vice-President and CFO, at 9:00 a.m. (EDT) on the same day [2] - Interested parties can access a replay of the call and the webcast through the company's IR section on its website [3][4] Group 2 - CGI is one of the largest independent IT and business consulting services firms globally, founded in 1976 [5] - The company reported revenue of CA$14.68 billion for fiscal year 2024 and employs 91,000 consultants and professionals worldwide [5]

LOS ANGELES, April 22, 2025 (GLOBE NEWSWIRE) -- Crescent Capital BDC, Inc. (“Crescent BDC”) (NASDAQ: CCAP) today announced it will release its financial results for the first quarter ended March 31, 2025 on Wednesday, May 14, 2025 after market close. Crescent BDC invites all interested persons to attend its webcast/conference call on Thursday, May 15, 2025 at 12:00 p.m. Eastern Time to discuss its first quarter ended March 31, 2025 financial results. Conference Call Information: The conference call will be ...

Core Points - PennantPark Floating Rate Capital Ltd. amended its credit facility agreement, reducing pricing to SOFR plus 200 basis points from SOFR plus 225 basis points, extending the reinvestment period to August 2028, and extending the maturity date to August 2030 [1][2] - The maximum first lien advance rate increased to 72.5% from 70.0%, while commitments decreased from $736 million to $718 million [1] Company Overview - PennantPark Floating Rate Capital Ltd. is a business development company that primarily invests in U.S. middle-market private companies through floating rate senior secured loans, including first lien secured debt, second lien secured debt, and subordinated debt [4] - The company is managed by PennantPark Investment Advisers, LLC, which manages approximately $10 billion of investible capital and offers a range of financing solutions to middle-market borrowers [5]

Tejon’s Board Continues to Take Decisive Strategic Steps to Drive the Company’s Growth at Tejon Ranch Commerce Center and is Uniquely Positioned to Advance the Value of its Master-Planned Communities Urges Shareholders to Vote “FOR” Only Tejon’s Highly Qualified Director Nominees on the Company’s WHITE Proxy Card TODAY TEJON RANCH, Calif., April 22, 2025 (GLOBE NEWSWIRE) -- Tejon Ranch Co. (NYSE:TRC), (“Tejon” or the “Company”), a diversified real estate development and agribusiness company, today filed an ...

华夏时报记者田野于建平北京报道 在一系列利好政策的助推下，客车市场被迅速激活。 中汽协数据显示，自2024年"以旧换新"政策发布以来，国内客车市场保持增速，累计销量达51.1万辆，同比增长 3.9%。其中，6米以上客车(行业重点关注的27家企业)累计销售12.6万辆，同比增长33.4%，增速创下20年来新 高。 2025年，"以旧换新"接力政策再度出台，为客车行业带来更为强劲的发展动力。数据显示，2025年第一季度，客 车市场销售12.5万辆，同比增长9.8%。其中，6米以上客车销量为2.5万辆，同比继续增长13.5%。 政策激活市场增长 具体到公司层面，2024年四大客车上市公司均实现了销量和营收正增长。销量方面，金龙汽车（600686）累计销 量超5万辆，同比增长19.07%；宇通客车（600066）累计销量约4.69万辆，同比增长28.48%；中通客车（000957） 累计销量1.14万辆，同比增长51.49%；安凯客车（000868）累计销量约5837辆，同比增长34.87%。 业绩方面，2024年宇通客车实现营收372.18亿元，同比增长37.63%，归母净利润41.16亿元，同比增长126.53% ...

Core Insights - Onfolio Holdings Inc. reported its financial results for Q4 and the full year of 2024, marking a significant milestone with a positive net income for the first time as a publicly traded company [3][7] - The company achieved a revenue growth of 96% in Q4 2024 compared to the same period in the previous year, reaching $2.49 million [7] - Onfolio's CEO emphasized the company's commitment to growth and profitability, outlining goals for 2025 to build on the foundations laid in 2024 [4] Financial Highlights - Q4 2024 net income was recorded at $136,000, a significant improvement from a net loss of $900,000 in the prior year [7] - Total revenue for 2024 grew by 49% year-over-year to $7.82 million, up from $5.24 million in 2023 [7] - Gross profit for 2024 increased by 39% to $4.5 million compared to $3.24 million in 2023 [7] - Total operating expenses decreased by 44% to $7.05 million in 2024 from $12.54 million in 2023 [7] - The company reported a net loss to common shareholders of $2.15 million for 2024, an improvement of 77% from a loss of $9.43 million in 2023 [7] Operational Developments - Onfolio completed the acquisition of Eastern Standard, a digital web agency, in October 2024 [7] - The company launched a new Reg D offering for its Series A Preferred Shares in February 2025 to raise additional capital for future acquisitions [4] - Cash at the end of 2024 was reported at $0.48 million, down from $0.98 million at the end of 2023 [7] Strategic Focus - Onfolio aims to acquire and manage online businesses with stable cash flows and long-term growth potential [5] - The company is focused on reducing operating expenses and raising non-dilutive capital to support its growth strategy [4] - The management team believes that the progress made in 2024 sets a strong foundation for continued growth in 2025 [4]

Equity Research 9 April 2025 Investment Sciences / Consumer Staples Momentum poised to overtake in Staples Factor model 更多资料加入知识星球：水木调研纪要 关注公众号：水木纪要 In Q1 2025, risk weighting suppressed top quintile performance, but returns remained positive on a long/short basis (i.e. top quintile outperformed bottom quintile). We discuss how momentum's impact in the model is rising and might continue with tariff-related volatility. Investment Sciences for Consumer Staples Ryan Preclaw(v) BCI, US | Ben McSkelly(iii) Barcl ...

Group 1 - Fidus Investment Corporation (FDUS) is identified as one of the six Business Development Companies (BDCs) held by the investor, with plans to reinvest all received dividends [1] Group 2 - Roberts Berzins has over a decade of experience in financial management, assisting top-tier corporates in shaping financial strategies and executing large-scale financings [2] - He has contributed to institutionalizing the REIT framework in Latvia to enhance liquidity in pan-Baltic capital markets [2] - His policy-level work includes developing national SOE financing guidelines and frameworks for channeling private capital into affordable housing [2] - Roberts is a CFA Charterholder and holds an ESG investing certificate, with experience from an internship at the Chicago Board of Trade [2] - He is actively involved in thought-leadership activities to support the development of pan-Baltic capital markets [2]