|Bid||28.07 x 800|
|Ask||28.08 x 800|
|Day's Range||28.05 - 28.36|
|52 Week Range||16.18 - 28.62|
|Beta (3Y Monthly)||1.65|
|PE Ratio (TTM)||346.54|
|Forward Dividend & Yield||1.28 (4.52%)|
|1y Target Est||N/A|
Billionaire Tony Ressler, co-owner of the Atlanta Hawks, joins CNBC's Andrew Ross Sorkin to discuss the economy and the on-going trade war with China.
Co-Founder, CEO & President of Ares Management Corp (30-Year Financial, Insider Trades) Michael J Arougheti (insider trades) sold 127,400 shares of ARES on 07/15/2019 at an average price of $28.3 a share. Continue reading...
Co-Founder, CEO & President of Ares Management Corp (ARES) Michael J Arougheti (insider trades) sold 274,712 shares of ARES on 07/11/2019 at an average price of $27.67 a share. Continue reading...
Moody's Investors Service ("Moody's") assigned a B3 Corporate Family Rating (CFR) and B3-PD Probability of Default Rating to Emerald TopCo, Inc. (dba Press Ganey). Concurrently, Moody's assigned a B2 rating to the company's proposed $250 million senior secured first lien revolving credit facility and $1.25 billion senior secured first lien term loan. The B2 rating on the first lien debt reflects their priority position relative to second-lien debt of $453 million (unrated) in the capital structure.
Co-Founder, CEO & President of Ares Management Corp (NYSE:ARES) Michael J Arougheti sold 253,922 shares of ARES on 07/02/2019 at an average price of $26.52 a share.
Russell 2000 ETF (IWM) lagged the larger S&P 500 ETF (SPY) by nearly 9 percentage points since the end of the third quarter of 2018 as investors worried over the possible ramifications of rising interest rates and escalation of the trade war with China. The hedge funds and institutional investors we track typically invest more […]
Houston-based Gastar Exploration LLC and Tulsa, Oklahoma-based Chisholm Oil and Gas LLC plan to combine, with the goal of creating "the leading STACK (exploration and production) company," according to a June 19 press release. The companies, both controlled by private equity funds, did not disclose financial terms of the deal in the release. The combined company will retain the name Chisholm Oil and Gas and stay headquartered in Tulsa.
Accordia Partners and Ares Capital are the development team leading the redevelopment of the 20-acre Bayside Expo Center, located across the street from the Santander Bank site at 2 Morrissey Blvd.
Moody's Investors Service ("Moody's") today stated that if the Transaction Support Agreement announced by 99 Cents Only Stores LLC on 29 May 2019 proceeds as outlined, it will constitute a distressed exchange, which is an event of default under Moody's definition of default. As a result, Moody's downgraded the 99 Cents Only Stores LLC's Probability of Default rating to Ca-PD from Caa2-PD. Under the Transaction Support Agreement all of 99 Cents' Second Lien debt holders and 89% of its Third Lien debt holders committed to convert their existing debt holdings (approximately $290 million in total) to preferred and common equity.
Moody's Investors Service ("Moody's") assigned a Baa3 rating to Ares Capital Corporation's (Ares Capital) new $650 million senior unsecured notes due 2024. Ares Capital's existing ratings, including its Baa3 issuer rating, are not affected by the transaction and the company's issuer outlook remains positive.
Obtain important information about the world's top ten private equity firms ranked as of 2015, including their investment focus and portfolio assets.
Ares Management (ARES) delivered earnings and revenue surprises of -5.41% and -1.65%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Los Angeles-based company said it had net income of 36 cents. Earnings, adjusted for non-recurring gains, were 35 cents per share. The results missed Wall Street expectations. ...
Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips on the charts, usually don't make them change their opinion towards a company. This time it may be different. During the fourth quarter of 2018 we observed increased volatility and small-cap stocks underperformed the market. Hedge […]
Intercontinental Exchange's (ICE) first-quarter results are likely to benefit from a broad range of risk management services on an integrated platform
CME Group (CME) is likely to benefit from expansion of futures products in emerging markets, options business, non-transaction related opportunities and OTC offerings.
When you evaluate dividend stocks, what do you typically look at? Chances are, dividend yield is a big part of the equation, though many investors also know to look at dividend growth. But what about dividend health?Dividend stocks with risky, difficult-to-sustain payouts can be a drag on retirement portfolios. For one, companies that no longer have the financial means to grow the dividend likely are struggling to grow the business, which may be reflected in weak stock returns. Plus, if a dividend is slowly growing or stagnant, it loses purchasing power to inflation every year, essentially become worth less and less over time. The worst-case scenario - a dividend cut - could leave you without much-needed retirement income.Dividend health clearly matters. But how do you measure it?One emerging solution is the DIVCON system from exchange-traded fund provider Reality Shares. DIVCON - the first forward-looking dividend health methodology - measures payout sustainability based on several fundamental factors that include earnings growth, free cash flow (how much cash companies have left over after they meet all their obligations), money spent on buybacks and even the Altman Z-score - a metric that helps determine a company's likelihood of a bond default or bankruptcy. The result is a score between 1 and 5: DIVCON 5 indicates a very healthy dividend with a high likelihood of future growth, while DIVCON 1 indicates a shaky income foundation that implies little to no growth - and even the risk of a dividend cut.Here are five dividend stocks with risky payouts, according to the DIVCON system. All five stocks have DIVCON 1 or DIVCON 2 scores. Let's explore what specifically makes these dividends look shaky. SEE ALSO: 17 Retailers at Risk of Defaulting or Going Bankrupt
Ares Management (ARES) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Blackstone Group LP, the world's largest manager of alternative assets such as private equity and real estate, said on Thursday it would convert from a partnership to a corporation, in a bid to get more investors into its stock. Blackstone is hoping the move, which will take effect July 1, will boost its share price, which has traded at a discount to traditional asset managers such as BlackRock Inc for more than a decade. Under the so-called C-Corp structure, Blackstone will pay corporate taxes on all its revenue, in exchange for enabling investors such as mutual funds and index trackers to buy the stock.