|Bid||33.00 x 1000|
|Ask||32.95 x 900|
|Day's Range||32.87 - 33.74|
|52 Week Range||16.18 - 33.74|
|Beta (3Y Monthly)||1.52|
|PE Ratio (TTM)||37.27|
|Earnings Date||Feb 12, 2020 - Feb 17, 2020|
|Forward Dividend & Yield||1.28 (3.86%)|
|1y Target Est||34.31|
Ares Management Corporation announced today that its Chief Executive Officer and President, Michael Arougheti, is scheduled to present at the Goldman Sachs Financial Services Conference on Tuesday, December 10, 2019 at 11:10 AM EST in New York City.
Small cap stocks are listed companies that have market capitalizations ranging from $300 million to $2 billion. Since the share prices of these companies can have big fluctuations over a short period of time, companies with market caps of up to $10 billion are also found in the small cap universe. Owing to their small-sized classification, companies in industrial sectors make up a large share of the small cap universe.
Floor & Decor's Speculative Grade Liquidity rating is SGL-2 and the outlook is stable. "Today's upgrade reflects Floor & Decor's steady improvement in operating profit as new locations are added and operating trends remain positive for both average check and transactions that has resulted in a sustained improvement in credit metrics" stated Bill Fahy, Moody's Senior Credit Officer.
The Michaels Organization, a New Jersey-based affordable housing developer, plans to build a six-story, 207-unit residential complex at 780 Morrissey Blvd. in Dorchester. If approved, the property would mark the Massachusetts entrance for the Camden, New Jersey-based developer, which bills itself as the “nation’s largest privately-held owner of affordable housing.” Michaels has developed 55,000 units across 400 communities in 35 states, Washington, D.C. and the U.S. Virgin Islands. Morrissey Boulevard has seen a spate of new real-estate development and proposals, including a Honda dealership at nearby 710-720 Morrissey Blvd. and The BEAT, the speculative redevelopment of the former Boston Globe headquarters at 135 Morrissey Blvd. Accordia Partners and Ares Capital (NYSE: ARES) this summer bought the 12-acre Santander Bank site at 2 Morrissey Blvd. for $235 million.
INDIANAPOLIS, Ind., Nov. 15, 2019 -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with.
Moody's Investors Service ("Moody's") assigned first-time ratings for CoolSys, Inc. (CoolSys),including a B3 Corporate Family Rating (CFR) and a B3-PD Probability of Default Rating. CoolSys will utilize proceeds from the proposed term loan to refinance the company's existing debt, including a bridge loan from private equity sponsor Ares Management which along with a sizable equity contribution, funded the March 2019 acquisition of CoolSys. "The B3 CFR reflects CoolSys' position as a leading provider in the highly fragmented commercial refrigeration-HVAC services sector, as well as the company's relative small scale and aggressive growth strategy through acquisitions," said Oliver Alcantara, Moody's lead analyst for CoolSys.
CHICAGO, Nov. 7, 2019 /PRNewswire/ -- McDonald's (MCD) announced the signing of two long-term, large-scale virtual power purchase agreements (VPPAs), whereby McDonald's will buy renewable energy generated by Aviator Wind West, a wind power project located in Coke County, Texas and a solar project located in Texas. The combined 380MW in renewable energy expected to be generated from McDonald's contribution to these projects will help to prevent over 700,000 metric tons of carbon emissions each year, which is equivalent to planting more than 11 million trees or taking over 140,000 cars off the road for one year.
Moody's Investors Service ("Moody's") affirmed the B3 Corporate Family Rating (CFR) and B3-PD Probability of Default rating of EPIC Y-Grade Services LP (EPIC Y-Grade). The rating agency also affirmed the B3 rating assigned to EPIC Y-Grade's senior secured notes and the Ba3 rating on its secured revolving credit facility.
Approximately $4.5 Billion in New U.S. Direct Lending Commitments Closed in the Third Quarter and Approximately $11.0 billion in the Year-to-Date Period
Ares Management reported another strong quarter. The stock is well on its way to a potential buy point, making it today's pick for IBD 50 Stocks to Watch.
Ares Management (ARES) delivered earnings and revenue surprises of -8.11% and 11.05%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Ares Management Corporation (ARES) today reported its financial results for its third quarter ended September 30, 2019. “The third quarter represents our tenth consecutive quarter of sequential growth in assets under management, management fees and fee related earnings which illustrates our strong execution across our investing, capital raising and operating activities,” said Michael Arougheti, Chief Executive Officer and President of Ares.
Entered into an Equity Commitment Agreement for the sale of 80,000 shares of Series B-3 Preferred Stock and 3,568,750 warrants to purchase common stock for a gross purchase.
Cboe Global's (CBOE) third-quarter results are likely to have benefited from strong market position and strength in its proprietary products
Ares Management Corporation (ARES) announced today that its Chief Executive Officer and President, Michael Arougheti, and its Chief Financial Officer and Chief Operating Officer, Michael McFerran, are scheduled to present at the Bank of America Merrill Lynch Future of Financials 2019 Conference on Tuesday, November 5, 2019 at 1:40 p.m. EST in New York City. A live audio webcast of the presentation will be available in the Investor Resources section of Ares Management’s website at www.aresmgmt.com. For those unable to listen to the live audio webcast, a replay will be available on Ares Management’s website shortly after the event.
EPIC Crude Holdings, LP (“EPIC”) today announced that it is opening a third Open Season for its EPIC Crude Oil Pipeline (the “Crude Oil Pipeline”). The Open Season will commence at 8 AM CDT on October 28, 2019 and will end on December 17, 2019 at 5 PM CST. The Crude Oil Pipeline successfully closed its first Open Season on July 26, 2018 and its second Open Season on September 28, 2018.
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.
Ares Management Corporation announced today that a fund managed by its Infrastructure and Power strategy has signed a definitive agreement to sell its 22.5 percent ownership interest in Meade Pipeline Co LLC to a subsidiary of NextEra Energy Partners, LP for approximately $286 million.
Principal Financial (PFG) third-quarter earnings are likely to have benefited from expanded global distribution network and a compelling portfolio of retirement, investment and protection solutions.
Moody's Investors Service ("Moody's") today affirmed the B3 Corporate Family Rating of Cooper's Hawk Intermediate Holding, LLC's (Cooper's Hawk), and the B3 rating of its first lien credit facilities after the downsizing of its proposed first lien term loan to $200 million from $225 million. The proposed first lien revolving credit facility will remain $35 million.
ZOM Senior Living and its partners obtained an $89.03 million construction loan to build a senior living facility near the Mall at Wellington Green. It will cover the first phase of the project, which will have 283 independent living, assisted living and memory care units. SunTrust Bank, PNC Bank and Comerica Bank were co-lenders in the mortgage to the developer, a partnership between Orlando-based ZOM, Liberty Senior Living, and Ares Management Corp. (NYSE: ARES).
ZOM Senior Living, Liberty Senior Living, and funds managed by an affiliate of Ares Management Corporation (ARES), have recently closed on construction financing for the development of a 46-acre lakefront parcel, adjacent to The Mall at Wellington Green. The expansive site is in Western Palm Beach County, one of the most affluent regions in the U.S. Construction of Phase 1 is expected to begin immediately and will include 283 premier independent living, assisted living and memory care units. The centerpiece of the community is a two-story, 65,000-square-foot clubhouse and amenity building, replete with multiple dining venues, indoor and outdoor swimming pools, membership-grade spa, salon and wellness center, billiards and cards room, and a theater, to name a few.