Wednesday, June 22, 2011

BDC Weekly Roundup 6/17/2011

Been a busy few days here, but wow this is a rough market.

The BDCR Index had a slid another -1.47% this past week from a level of 309.35 on 6/10/2011 to 304.81 for the week ending 6/17/2011. The major winners were NGPC (+6.08%) and CODI (+5.52%) and the major losers were EQS (-6.30%) and MCGC (-5.51%).

Chart:


News:
ACAS - CEO Malon Wilkus buys 11,5000 shares, Senior VP Brian Graff unloads 926 shares
EQS - New board was elected without issues. - http://finance.yahoo.com/news/Equus-Announces-Results-of-iw-1454894910.html?x=0&.v=1
FSC - Releases newsletter - http://ir.fifthstreetfinance.com/phoenix.zhtml?c=216346&p=irol-newsArticle&ID=1572963&highlight=
Also, their CEO Leonard Tennebaum bought 10,000 shares on 6/14.
KCAP - Declares second quarter dividend of 17 cents (unchanged)

Motley Fool article on FSC and other BDCs - http://www.fool.com/investing/general/2011/06/18/is-fifth-street-finance-the-perfect-stock.aspx A bit ironic considering FSC (and of course PSEC) just did an equity raise this week.

Tuesday, June 14, 2011

BDC Weekly Roundup 6/10/2011

I am back! The test was difficult and I feel they did a poor job of testing the curriculum, but onwards and upwards.

The markets have been getting pummeled since my last post. The S&P 500 has declined about -3.96% and the BDCR Index has mirrored the decline by a -3.21% decline over that time as well. For the past week, the BDCR declined by -1.42% from a level of 313.81 on 6/3/2011 to 309.35 for the week ending 6/10/2011. The major winners were KCAP (+2.84%) and SLRC (+2.77%) and the major losers were TINY (-7.18%) and TTO (-5.74%).

Chart:


New:
No news articles this week, will restart those next week and begin content again.