|Bid||29.31 x 800|
|Ask||29.37 x 1800|
|Day's Range||29.04 - 29.59|
|52 Week Range||16.18 - 31.02|
|Beta (3Y Monthly)||1.53|
|PE Ratio (TTM)||39.08|
|Earnings Date||Oct 30, 2019 - Nov 4, 2019|
|Forward Dividend & Yield||1.28 (4.17%)|
|1y Target Est||32.00|
Ares Management Corporation (ARES) (“Ares” or the “Company”) today announced the pricing of its previously announced underwritten public offering of 7,000,000 shares of Class A common stock, par value $0.01 per share, of the Company at a public offering price of $29.90 per share of Class A common stock.
Ares Management Corporation (ARES) (“Ares” or the “Company”) today announced the launch of an underwritten public offering of 7,000,000 shares of Class A common stock, $0.01 par value per share, of the Company. Goldman Sachs & Co. LLC and J.P. Morgan are acting as the underwriters for the offering. A copy of the preliminary prospectus supplement and accompanying prospectus related to the offering can be obtained for free by visiting the Securities and Exchange Commission’s website at http://www.sec.gov or by contacting: (a) Goldman Sachs & Co. LLC, Prospectus Department, 200 West Street, New York, NY 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316 or by emailing Prospectusfirstname.lastname@example.org or (b) J.P. Morgan Securities LLC, Attn: Prospectus Department, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, telephone: 1-866-803-9204.
HOUSTON , Sept. 17, 2019 /PRNewswire/ -- Valet Living , the nation's leading provider of premium home-related amenity services for residential living to over 1.3 million apartment homes nationwide, today ...
Rating Action: Moody's upgrades Panoche's senior secured notes to Caa1 from Caa2. New York, September 11, 2019 -- Moody's Investors Service ("Moody's") has upgraded Panoche Energy Center, LLC's (Panoche or the Project) senior secured notes to Caa1 from Caa2. The upgrade to Caa1 from Caa2 and the outlook revision to positive reflects Pacific Gas & Electric's (PG&E) proposed plan of reorganization that incorporates PG&E assuming its power purchase agreements (PPA).
Moody's Investors Service ("Moody's") today affirmed Midwest Physician Admin Svcs, LLC's (a core operating company of DuPage Medical Group Ltd. referred to herein as "DuPage") B2 Corporate Family Rating ("CFR"), B2-PD Probability of Default Rating and individual debt instrument ratings. Additionally, DuPage's investments in its new surgery centers and behavioral health capabilities should further improve credit metrics.
INDIANAPOLIS, Aug. 30, 2019 -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with.
Why did Highwoods Properties (NYSE: HIW) pick Greensboro as one of the two markets to liquidate its commercial real estate to fund a move into Charlotte? Size is the major reason, according to Brendan Maiorana, Highwoods' executive vice president of finance. Maiorana said Greensboro and Memphis are the smallest of the nine markets where Highwoods has portfolios.
Favorable markets and conversions into C-corps, which kick-started post the 2017 tax overhaul, are providing a boost to shares of private equity firms.
Interim crude service utilizing the 24” EPIC Y-Grade pipeline from Crane to Robstown, TX, began delivering crude to several terminals in the Corpus Christi, TX, area. EPIC Crude Holdings, LP (“EPIC”) today announced that interim crude service on the 24” EPIC Y-Grade pipeline (the “Y-Grade Pipeline”) has begun, delivering crude from Crane, TX, to various terminals in Corpus Christi and Ingleside, TX. During interim crude service, EPIC will have the ability to deliver up to 400 thousand barrels of oil per day (MBbl/d) to multiple terminals and refiners in the Corpus Christi, TX, area.
EPIC Y-Grade will construct two 12” pipelines for Gulf Coast Growth Ventures’ 1.8 metric ton ethane steam cracker in San Patricio County, Texas
We were pleased our High-Quality Strategy outperformed its index and maintained its long term advantages during the first half of 2019 despite challenges for cyclical sectors and most value stocks Continue reading...
INDIANAPOLIS, Aug. 14, 2019 -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with.
Royce Funds founder on 2 high-quality holdings and how he is managing cash in our High-Quality strategy Continue reading...
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Azalea TopCo, Inc. New York, August 09, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Azalea TopCo, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Ares Management Corporation (NYSE:ARES) announced today that Joel Holsinger has joined Ares Management’s Credit Group as Co-Head of Alternative Credit, effective immediately. Mr. Holsinger will serve on the Ares Management Committee and work alongside Keith Ashton as Co-Head of Alternative Credit to expand the firm’s global coverage of the $4 trillion alternative credit sector.
Moody's Investors Service ("Moody's") today upgraded 99 Cents Only Stores LLC's (99 Cents) Corporate Family Rating and Probability of Default rating to Caa1 and Caa1-PD from Caa2 and Ca-PD respectively and appended the PDR with the "/LD" (limited default) designation. Moody's will remove the "/LD" designation from the company's PDR after three days. Moody's also upgraded the company's Senior Unsecured Notes to Caa3 from Ca, and affirmed the senior secured term loan rating at Caa2.
PHOENIX, July 31, 2019 /PRNewswire/ -- Valet Living, the only nationally recognized full-service amenities provider to the multifamily housing industry, today announced that Mark-Taylor, the largest multifamily housing development and management company in Arizona, will adopt its Valet Living Home amenity service platform across 34 of its Mark-Taylor premium rental communities.
Ares Management (ARES) delivered earnings and revenue surprises of -5.41% and 9.90%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?