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A business development company, or BDC, is a unique class of company that operates much like a private equity firm but with many of the same oversight requirements as a publicly-traded stock. Profits from loans and other investments are delivered to shareholders via regular and generous dividends but without the constraints of conventional private equity funds. Also, current low interest rates allow them to access capital cheaply while a surging U.S. economy means a tailwind behind their investments....
The legalization of weed in Illinois has been well received by consumer spending with nearly $20 million on marijuana products being sold in the first 12 days. High Times CEO Stormy Simon joins On The Move to discuss....
Prices dropped despite large inventory draw...
Tesla shares tumbled on Thursday, after Morgan Stanley downgraded the electric carmaker's stock to ‘underweight’ from ‘equal-weight,’ citing concerns over its China business. Yahoo Finance Editor-in-Chief Andy Serwer joins The Final Round to discuss....
Oil shares popped on Wednesday after President Donald Trump finalized the first stage of a trade deal with China. However, a new report from the International Energy Agency warns that oil production from PEC countries is still expected to outstrip supply. Dan Dicker, founder of The Energy Word, joins The Final Round to discuss what investors should expect from the oil industry in 2020....
Family-owned H.H. Williams Trucking of Greeley, Colorado, told employees on Thursday it will close its doors by the end of January. An employee of H.H. Williams told FreightWaves that one of the company's owners, Howard Williams, told office personnel on Thursday that he and his wife, Cheryl, both in their 70s, have decided to retire. "I think we were all surprised and stunned by the news," the employee, who didn't want to be named, told FreightWaves....
Aurora's stockis climbing as Cowen expects the cannabis company to focus on controlling capital spending and restructuring its debt. Yahoo Finance's Emily McCormick joins Seana Smith on The Ticker to discuss....