Category: Blog
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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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Target sales up 8.9% year over year
Let’s hope that waning consumer confidence doesn’t drag things down as summer moves into fall. Target Corp. TGT -1.32% reported increased revenue in the second quarter as more people returned to stores and online spending moderated compared with last summer, when the Covid-19 pandemic upended shopping habits. The retailer said comparable sales, which include in-store and online purchases, for…
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Regaining some lost ground
Regained some lost ground last week, possible class action law suit brewing for Hoegh LNG Partners, employers increasingly looking towards vaccine mandates, companies hoarding cash, and much more!
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3 reasons why Genuine Parts (GPC) is an incredible growth stock
Zacks.com highlights some positives that make Genuine Parts (GPC) a stock to watch for growth investors. They cite earnings growth, cash flow growth, and promising earnings estimate revisions as key factors. Genuine Parts (GPC) is on the list of such stocks currently recommended by our proprietary system. In addition to a favorable Growth Score, it…
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Inflation remains a lingering problem
I wish the federal government would back off a bit. Then we might know exactly where we stand. Eviction and foreclosure moratoriums, a $1 trillion plus infrastructure bill, and now a $3.5 trillion budget blueprint will only cloud things on this economy. The Labor Department reported Wednesday that its consumer-price index rose 5.4% in July from a…
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White House urges OPEC to boost production
The White House urged OPEC to boost oil production Wednesday, saying recent planned increases are insufficient as countries around the world seek to emerge from the Covid-19 pandemic. National security adviser Jake Sullivan said in a statement that recent planned production increases by the Organization of the Petroleum Exporting Countries would “not fully offset previous production cuts”…