Tag: financials
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Sixth Street Specialty Lending announced possible share buybacks
In a letter to shareholders dated October 13, 2021, Sixth Street Specialty Lending announce they may buy back shares from time to time. Below is the text of their letter signed by Joshua Easterly, CEO. October 13, 2021 Dear TSLX Stockholders: In accordance with Section 23(c)(1) under the Investment Company Act of 1940, we are…
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Low Yield Portfolio sector rebalance
It’s time for me to do a little rebalancing of my Low Yield Portfolio. Both the Low Yield and Medium Yield Portfolios are too heavily weighted in the Financial sector. They are is 26% and 28% respectively and that leaves me a little too exposed to shocks in that sector. So I’ve decided to tweak…
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Main Street Capital announces $38.5 million in investments
Main Street Capital announced $38.5 million across three investments. Two are new to their portfolio and one is a follow-on investment to promote the growth of an existing portfolio in their stable of companies. Main Street recently completed a new portfolio investment to complete the minority recapitalization of The Affiliati Network, LLC (“Affiliati”), a leading…
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Is Oaktree Specialty Lending (OCSL) a Good Fit for “Trend Investing”?
According to Zacks Equity Research it is. Find out if this company is the right fit for your portfolio. A solid price increase over a period of 12 weeks reflects investors’ continued willingness to pay more for the potential upside in a stock. OCSL is quite a good fit in this regard, gaining 9% over…
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August 9, 2021
I’m in a bit of a mood but still get through the podcast. High yield portfolio still trying to recover and much more!
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Prudential (PRU) Tops Q2 Earnings Estimates
Prudential (PRU) came out with quarterly earnings of $3.79 per share, beating the Zacks Consensus Estimate of $3.04 per share. This compares to earnings of $1.85 per share a year ago. These figures are adjusted for non-recurring items.https://products.gobankingrates.com/r/d9360ea31bf06ea8b9d0ef49288e28fb?subid= This quarterly report represents an earnings surprise of 24.67%. A quarter ago, it was expected that this…