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Finance & Markets

Genmab's stock rises on cancer data, while Iovance, Coherus tumble

Cancer trial news drove a number of stock moves in both directions over the past 24 hours. Here's a summary of key results and their impact: Genmab shares rise on head and neck cancer data: ...

We haven't written up this one. Endpoints News has the full story — the link below goes straight to it.

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Is Ares Capital Corp a Buy After Its Latest Earnings Report?

Ares Capital's latest earnings highlighted some concerns about its ability to cover its high-yielding dividend.

  • Ares Capital's Q3 earnings per share fell to $0.46, below its $0.48 dividend.
  • CFO Scott Lem says $1.37/share taxable income can sustain dividend.
  • $2.6B acquisition of MFIC expected to boost future dividends and EPS.

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