Ares Capital Fell Enough to Push Its Yield Near 10%. Here's the Number That Actually Worries Me.
Ares Capital's non-accrual rate is rising.
We haven't written up this one. Motley Fool has the full story — the link below goes straight to it.
More in Finance & Markets
Warren Buffett's Successor Greg Abel Spent $4.5 Billion Buying 1 Stock Last Quarter, and He Spent At Least $3.3 Billion Buying More This Quarter
Key PointsGreg Abel broke two long streaks started by Warren Buffett in the last few years of his tenure as CEO.
Fosun Pharma sells 4.5% stake in Gland Pharma for Rs 2,121 crore
The transaction marks the second major stake sale by Fosun Pharma in the pharmaceutical company in a little over two years
Ghana Exits Eurobond Default as Zambia Leads Africa Debt Crisis Rebound
Africa debt crisis enters its repayment test as Ghana exits eurobond default and Zambia leads the rebound. Which countries still face the heaviest maturities.
Ancient Bitcoin Wallet That Turned $120 Into $3 Million Wakes Up
At least four more decade-old wallets moved a combined $15.7 million between Aug. 29 and Sept. 4, with one batch of coins sent to Coinbase in a likely sign of a sale.
15 northern states may collapse if subsidy returns, don warns
A professor warns that restoring petrol subsidy could lead to 15 northern states collapsing within three months due to reduced Federation Account funds.