Bank of America upgraded to Buy from Neutral at Citigroup
Citigroup upgraded its rating on Bank of America (BAC) shares to Buy from Neutral and raised its price target for the stock to $19 from $16. Citi believes Bank of America can drive earnings higher by cost cuts and thinks investors may look to the company as a play on the improving U.S. economy. From Fly on the Wall
So what Abraham lived in Iraq they considerate a holy place. Mohamed the profit claimed to be a desndant of Kadir look him up and see who he was
Dummy explain the little ice age, the year without summer and the latest that the earth was warmer during Roman times than today. They cant even tell you what the weather will be next week let alone in the years to come
In its most recent trading session, ARCC has closed at a price level that was not very different from its closing price of one year earlier. This is probably due to its weak earnings growth as well as other mixed factors from The Street
From news release in Jan 13. For 2013, we've made a change to the distribution. We've increased the base quarterly distribution by 20% to $0.12 from $0.10, and we're also going to pay out the excess net cash available on a current basis so that there won't be a fourth quarter true-up. Investors will just get the cash earlier
Blackstone Holdings III, a subsidiary of The Blackstone Group (NYSE:BX), sold 19,500,000 shares of theme park and entertainment company SeaWorld Entertainment (NYSE:SEAS) for $563,062,516. Another Blackstone subsidiary, Blackstone Capital Partners, sold 17,000,000 shares of Pinnacle Foods Inc (NYSE:PF) for $437,697,312 statement by GIC and Blackstone today. New York-based Blackstone agreed to sell the stake for more than 1.7 billion pounds $2.8 billion. What kind of surplus will this make
Stock went to over $38 on opening day that will be next big resistance looking forward to $38
People claim that General Nathan Bedford Forest is the founder of the Knights of the White Camellia. The found after the War of Northern Aggression. They rode around the countryside wearing white sheets scaring the blacks. The Knights disappeared around 1890 something. It restarted in the 1900's in Nashville Tenn. Was leaving Nashville on July 13 when the radio said today was NB Forest Day
I don't care what the ANALysts have to say I went by the users(anesthesiologist) and what they told me BUY and he wasn't wrong
Ares Capital Management LLC, a subsidiary of Ares Management LLC and an SEC-registered investment adviser, is the investment adviser to Ares Capital Corporation, a publicly traded closed-end, non-diversified specialty finance company that is regulated as a business development company, or a BDC, under the Investment Company Act of 1940 NASDAQ: ARCC. Established in 2004, Ares Capital Corporation provides financing for middle market acquisitions, recapitalizations, and leveraged buyouts, mainly in the United States.
I know a Doctor that that worked under communism. You received medical care if you had something to trade, such as gasoline, bringing food thru customs without penalty etc,
Notable Sale: • Blackstone Holdings III, a subsidiary of The Blackstone Group (NYSE:BX), sold 19,500,000 shares of theme park and entertainment company SeaWorld Entertainment (NYSE:SEAS) for $563,062,516. Another Blackstone subsidiary, Blackstone Capital Partners, sold 17,000,000 shares of Pinnacle Foods Inc (NYSE:PF) for $437,697,312 from minyanville
NEW YORK (Reuters) - Ares Management LLC has been pitched on the idea of an initial public offering for the past year, but the firm that had been widely expected to be the next among major private equity firms to go public has no plans to pull the trigger just yet.
Sources familiar with Ares, which has about $70 billion in assets under management, said major Wall Street banks have been calling on the firm to discuss the merits of an IPO. The success of the listing by private equity heavyweight Carlyle Group LP (CG.O) last year, and a rally in the shares of alternative asset managers this year, provide an attractive backdrop.
Ares also sees long-term trends favoring public alternative asset managers and thinks it is well-positioned to go public. It does not, though, see the need for an IPO in the near future, the sources said.
That view would likely change if Ares foresaw a big acquisition opportunity and wanted to create a publicly traded stock to use as currency for the deal, the sources said. No such deal is currently planned, they added.
Banks that have pitched Ares on the idea of the IPO include JPMorgan Chase & Co (JPM), Goldman Sachs Group Inc (GS), Bank of America Merrill Lynch (BAC) and Morgan Stanley (MS), the sources said. Ares, which also has a major direct lending business and real estate investment operations, is seen as a potentially attractive firm for stock market investors as it has been diversifying on its own and through acquisitions. Diverse business lines can make an alternative asset manager's cash flows more stable.
But the Los Angeles-based manager is yet to be convinced. Its current structure has allowed Ares to more than double its assets in the past four years and to share its profits broadly with its partners.
Don't know about a buy signal but jan 30 option calls selling for close to a buck with only a month to go. 26800 or so contracts out somebody is going to get burnt