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September 2016

Profits Update On THL Credit(NASDAQ: TCRD)

THL Credit(NASDAQ: TCRD) announced the incomes results for Fiscal Year 2016 and Q2. The outcomes came in throughout After-hours on Aug 4, 2016. Company reported profits of $20.48 M. Experts estimated an income of $22.95 M. Incomes per share were $0.35. Experts had estimated an EPS of $0.34. In a …

What You Need To Understand About Guarantor Loans.

(ThyBlackMan.com) Most individualsMany people are familiar with the two kinds of loans provided by monetary organizations and loan providers which are secured and unsecured loans. A secured loan is essentially a loan that is awarded to a customer who owns some type of collateral that acts as security if a …

Conn. Healthcare Facility Operator Files For Personal Bankruptcy

Hebrew Health care in West Hartford, Conn., has actually filed for Chapter 11 personal bankruptcy defense as it scrambles to restructure its debts, reports Hartford Company Journal. Hebrew runs a 257-bed nursing homeretirement home and a hospital comprisedconsisted of a 23-bed medical unit and 22-bed behavioral health unit. As part …

Why Bankruptcy Isn’t Really A Communications Crisis

Tom Faust In todays slow-growth economy, more business with significant financial obligation or unmet commitments may be facing the possibility of a bankruptcy filing or other monetary restructuring on the horizon. Personal bankruptcy filings and other restructurings are interactions occasions that can be planned if the interactions group is brought …

The South Has The Greatest Insolvency Rates In The Nation

Personal personal bankruptcy filings in the United States last year was up to lows not seen considering that before the start of the Great Recession in 2007, according to the American Bankruptcy Institute. However while the tide of insolvencies in 2015 lessened nationwide, insolvency rates are still high in some …

First Trust Advisors L.P. Announces Portfolio Supervisor Conference Call For First Trust Elder Drifting Rate Income …

Telephone Replay: -LRB-888-RRB- 203-1112; International -LRB-719-RRB- 457-0820; and Passcode # 7129340. The replay will be available after the call until 11:59 PM Eastern Time on Sunday, September 25, 2016. The Fund is a diversified, closed-end fund whose primary investment goal is to seek a high level of existing earnings. As a secondary …