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Analysts Debate Buying The Dip In Hercules Capital Following CEO's Involvement In College Bribery Scandal
Wednesday, March 13, 2019 - 10:58am | 421Hercules Capital Inc (NYSE: HTGC) investors were blindsided Tuesday when the stock dropped more than 8 percent after CEO Manuel Henriquez was among dozens charged in a college admissions bribery scheme. On Wednesday, Henriquez announced he is stepping down as CEO of Hercules, and investors need to...
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KBW Downgrades THL Credit To Market Perform, Says Dividend Cut 'Necessary'
Monday, August 8, 2016 - 3:59pm | 280KBW has downgraded THL Credit, Inc. (NASDAQ: TCRD) to Market Perform from Outperform citing weaker credit quality and the potential risk of dividend cut. "Credit quality deteriorated which reduced book value and pressured earnings. The combination of weaker credit quality and lower portfolio yields...
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KBW Downgrades THL Credit, Blackrock Capital Investment
Friday, February 19, 2016 - 8:35am | 324Keefe, Bruyette & Woods’ Ryan Lynch said that the BDC group is currently trading at a substantial discount to book value, and appears undervalued in case the sluggish to flat growth projections continue for the US. He added, however, that there could be additional pressure on shares in...