ARCC

Ares Capital Corporation Announces March 31, 2024 Financial Results and Declares Second Quarter 2024 Dividend of $0.48 Per Share

Retrieved on: 
Wednesday, May 1, 2024
Banking, Asset Management, Professional Services, Finance, HOME, ARCC, International, Investment, Capital, Convertible, Ares Management, SDLP, Security (finance), Webcast, Result, Documentation, Analysis, Eastern Time Zone, Line of credit, ID, Home, Credit, Sumitomo Mitsui Banking Corporation, Letter, Telephone, Note

In the first quarter of 2024, Ares Capital made new investment commitments of approximately $3.6 billion, of which approximately $2.5 billion were funded.

Key Points: 
  • In the first quarter of 2024, Ares Capital made new investment commitments of approximately $3.6 billion, of which approximately $2.5 billion were funded.
  • Also in the first quarter of 2024, Ares Capital funded approximately $396 million related to previously existing unfunded revolving and delayed draw loan commitments.
  • The first quarter 2024 dividend was paid on March 29, 2024 to stockholders of record as of March 15, 2024.
  • Ares Capital will host a webcast/conference call on Wednesday, May 1, 2024 at 10:00 a.m. (Eastern Time) to discuss its quarter ended March 31, 2024 financial results.

Ares Capital Corporation Announces December 31, 2023 Financial Results and Declares First Quarter 2024 Dividend of $0.48 Per Share

Retrieved on: 
Wednesday, February 7, 2024
Asset Management, Professional Services, Finance, Security (finance), Home, SDLP, International, Rule, Telephone, Note, Capital, HOME, Investment, ARCC, Documentation, ID, Sale, Letter, Result, Webcast, Eastern Time Zone, Analysis

In the fourth quarter of 2023, Ares Capital made new investment commitments of approximately $2.4 billion, of which approximately $1.6 billion were funded.

Key Points: 
  • In the fourth quarter of 2023, Ares Capital made new investment commitments of approximately $2.4 billion, of which approximately $1.6 billion were funded.
  • Also in the fourth quarter of 2023, Ares Capital funded approximately $297 million related to previously existing unfunded revolving and delayed draw loan commitments.
  • On October 24, 2023, Ares Capital announced that its Board of Directors declared a fourth quarter 2023 dividend of $0.48 per share for a total of approximately $280 million.
  • The fourth quarter 2023 dividend was paid on December 28, 2023 to stockholders of record as of December 15, 2023.

Advanced Industrial Devices Announces the Acquisition of R.S. Integrators, Inc.

Retrieved on: 
Tuesday, January 30, 2024
Other Energy, Utilities, Oil, Gas, Mining, Minerals, Energy, Other Construction & Property, HVAC, Natural Resources, Other Manufacturing, Construction & Property, Engineering, Building Systems, Manufacturing, AC, AC DC, RSI, ARCC, Water, Acquisition, AID, Organization, Retail

Advanced Industrial Devices (“AID”), a portfolio company of Black Bay Energy Capital (“Black Bay”), is excited to announce the acquisition of R.S.

Key Points: 
  • Advanced Industrial Devices (“AID”), a portfolio company of Black Bay Energy Capital (“Black Bay”), is excited to announce the acquisition of R.S.
  • Headquartered in Pineville, North Carolina, RSI designs and manufactures electric motor control systems and power distribution panels for the water utility, wastewater, and various other industrial markets.
  • RSI operates a UL508A and UL698 certified facility for Industrial controls at their headquarters in Pineville, North Carolina.
  • RSI designs and manufactures industrial electric motors control panels, AC DC variable frequency drives, transformers, filters, power distribution panels and related electrical equipment.

UNDERGRADUATE ENROLLMENT GREW IN THE FALL OF 2023

Retrieved on: 
Wednesday, January 24, 2024
Student, Community, Research, Education sciences, ARCC, Salt cellar, National Student Clearinghouse, Columbia University, Research institute, Community college, Nursing credentials and certifications, Teachers College, Columbia University, Education, Growth, Nursing

Herndon, VA, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Undergraduate enrollment grew 1.2 percent (+176,000) in the fall of 2023, the first increase since the pandemic, according to the National Student Clearinghouse’s latest research.

Key Points: 
  • Herndon, VA, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Undergraduate enrollment grew 1.2 percent (+176,000) in the fall of 2023, the first increase since the pandemic, according to the National Student Clearinghouse’s latest research.
  • “The small uptick this fall is a welcome change for higher education, but there are still over a million empty seats on campuses today that were filled five years ago.”
    The Current Term Enrollment Estimates (CTEE) report showed that freshman enrollment also grew this fall, but at a slower rate (+0.8%, +18,000) than undergraduate enrollment overall.
  • Despite these gains, associate enrollment remains 14.2 percent below fall 2019 levels, and bachelor’s enrollment remains 3.3 percent below 2019.
  • At community colleges with a high vocational program focus, enrollment grew 16.0 percent (+112,000), bringing them above fall 2019 levels (+3.7%).

"Gifts of the Season" Totaling $60,000 Presented to Nonprofits in Pennsylvania

Retrieved on: 
Wednesday, January 3, 2024
Veteran, Abuse, Hospital, Work, Pet, Senior counsel, CLP, Survivor, Spectrum, Woman, Child, Student, Friends, FirstEnergy, Intellectual disability, Prevalence, Intellectual, Chestnut Street, Disability, Research, Education, JCC, Season, University, Faculty, Food, Community engagement, FE, Arc, Patient, Organization, Employment, Paratriathlon, ARCC, Disability studies, Environment, Nursing

GREENSBURG, Penn., Jan. 3, 2024 /PRNewswire/ -- The FirstEnergy Foundation has granted surprise "Gifts of the Season" totaling $60,000 to eight local Pennsylvania nonprofits that are working to make lives better in communities served by FirstEnergy Corp. (NYSE: FE) subsidiaries Met-Ed, Penelec and West Penn Power.

Key Points: 
  • The recipients of this year's gifts are organizations that provide support services to underserved and vulnerable individuals of all ages across Pennsylvania.
  • They include:
    Easterseals Eastern Pennsylvania ($6,667) – Easterseals Eastern Pennsylvania provides services to more than 3,600 children and adults with physical and cognitive disabilities, autism, and other social, sensory and developmental delays.
  • The agency's services and support help ensure children and adults with disabilities can live, learn, work and play in their communities.
  • Central Pennsylvania Food Bank MilitaryShare ($10,000) – The Central Pennsylvania Food Bank provides nutritious and nourishing food to veterans and their families through its MilitaryShare program.

Ares Capital Corporation Announces June 30, 2023 Financial Results and Declares Third Quarter 2023 Dividend of $0.48 Per Share

Retrieved on: 
Tuesday, July 25, 2023
Professional Services, Finance, External commercial borrowing, Rule, Standby Equity Distribution Agreement, Result, Eastern Time Zone, Ares Management, Telephone, Financial condition report, Line of credit, HOME, SOFR, Securities and Exchange Commission (Nigeria), Sale, SDLP, Documentation, Home, Investment, Analysis, Capital, Webcast, Security (finance), Letter, Credit, ARCC

In the second quarter of 2023, Ares Capital made new investment commitments of approximately $1.2 billion, of which approximately $1.0 billion were funded.

Key Points: 
  • In the second quarter of 2023, Ares Capital made new investment commitments of approximately $1.2 billion, of which approximately $1.0 billion were funded.
  • Also in the second quarter of 2023, Ares Capital funded approximately $315 million related to previously existing unfunded revolving and delayed draw loan commitments.
  • The second quarter 2023 dividend was paid on June 30, 2023 to stockholders of record as of June 15, 2023.
  • Ares Capital will host a webcast/conference call on Tuesday, July 25, 2023 at 11:00 a.m. (Eastern Time) to discuss its quarter ended June 30, 2023 financial results.

Latitude 33 Planning & Engineering Continues Award-Winning Streak with DBIA-WPR Award for East San Diego County ARCC and Archive Facility

Retrieved on: 
Wednesday, July 19, 2023
LLP, Miller Hull, PE, Chicago Innovation Awards, Drainage, Engineering, YTC, Water quality, Federal, DBIA, Archive, City, SAN, Latitude, National Archives facilities, ARCC, Film industry, Video game, County

SAN DIEGO, July 19, 2023 /PRNewswire/ -- At last month's Design-Build Institute of America Western Pacific Region's (DBIA-WPR's) 17th Annual Design-Build Awards Competition, Latitude 33 Planning & Engineering was honored with a "Design Excellence and Innovation Award" for the East San Diego County Assessor, Recorder and County Clerk (ARCC) Office and Archives Facility. The awards ceremony took place on Thursday, June 15, 2023 at the JW Marriott Resort in Anaheim, CA. These awards recognize projects which apply design-build best practices, including early integration of key team members and close coordination between the design and construction teams from inception to completion. Projects must be completed on time, on budget, and without litigation to be eligible for an award. This DBIA-WPR award signifies Latitude 33's outstanding client satisfaction and cooperative approach as part of a design-build team. 

Key Points: 
  • SAN DIEGO, July 19, 2023 /PRNewswire/ -- At last month's Design-Build Institute of America Western Pacific Region's (DBIA-WPR's) 17th Annual Design-Build Awards Competition, Latitude 33 Planning & Engineering was honored with a "Design Excellence and Innovation Award" for the East San Diego County Assessor, Recorder and County Clerk (ARCC) Office and Archives Facility.
  • Projects must be completed on time, on budget, and without litigation to be eligible for an award.
  • The new East San Diego County ARCC Office and Archives Facility is the first Net Zero Energy archive facility in the United States.
  • Other recent honors include:
    The YTC was recognized with a national DBIA "Award of Merit" in the Federal, State, County, Municipal category (November 2022).

Why Justin Trudeau’s viral response to an anti-abortionist missed the mark

Retrieved on: 
Tuesday, April 25, 2023
Rape, Abortion, Pregnancy, Reproductive rights, Democracy, University, Religion, ARCC, Pierre Poilievre, Politics, Sleep, Head, Woman, Trudeau, Government, Conservative Party, MP, Risk, Supreme court, Political lists, Tory, Abortion Rights Coalition of Canada, Social media, University of Manitoba, Conservatism, Birth control

A viral clip of Prime Minister Justin Trudeau from his recent visit to the University of Manitoba circulated rapidly on social media.

Key Points: 
  • A viral clip of Prime Minister Justin Trudeau from his recent visit to the University of Manitoba circulated rapidly on social media.
  • National and international news outlets celebrated his response to a young, self-acclaimed People’s Party of Canada voter and anti-abortionist.
  • The prime minister was widely praised for his pro-choice response, which is understandable in a post-Roe v. Wade North America.

Abortion is a human right

    • While Trudeau’s support for reproductive rights is encouraging, using the example of rape to justify abortion care neglects abortion as a human right and vital health care required for many diverse reasons by diverse people, including and excluding rape.
    • All are valid and all necessitate access to free, safe and legal abortion.
    • As it stands now, the politics of abortion in North America distort real people’s experiences.

The scene in Canada

    • Following last year’s reversal by the United States Supreme Court of Roe v. Wade, which upheld the constitutional right to abortion, anti-choice advocates in Canada were emboldened.
    • Maxime Bernier, leader of the ultra-right People’s Party of Canada, has expressed anti-abortion sentiments, including calls to reopen the abortion debate in Canada.
    • The Abortion Rights Coalition Of Canada (ARCC), however, lists anti-choice MPs based on voting history, including aligning with “pro-life” statements, events and campaigns.
    • The On Canada Project, a community digital media platform focused on the experiences of marginalized Canadians, called Trudeau’s response “not great” on its Instagram page.

Ares Capital Corporation Announces March 31, 2023 Financial Results and Declares Second Quarter 2023 Dividend of $0.48 Per Share

Retrieved on: 
Tuesday, April 25, 2023
Professional Services, Finance, External commercial borrowing, Note, Total, Rule, Result, Eastern Time Zone, Ares Management, Telephone, LIBOR, Financial condition report, Line of credit, HOME, SOFR, Financial Instruments and Exchange Act, Securities and Exchange Commission (Nigeria), Sale, SDLP, Credit Accumulation and Transfer Scheme, Home, Documentation, Investment, Analysis, Capital, Webcast, Security (finance), Letter, ARCC, Life insurance, Cryptocurrency, AFB

In the first quarter of 2023, Ares Capital made new investment commitments of approximately $766 million, of which approximately $636 million were funded.

Key Points: 
  • In the first quarter of 2023, Ares Capital made new investment commitments of approximately $766 million, of which approximately $636 million were funded.
  • Also in the first quarter of 2023, Ares Capital funded approximately $454 million related to previously existing unfunded revolving and delayed draw loan commitments.
  • The first quarter 2023 dividend was paid on March 31, 2023 to stockholders of record as of March 15, 2023.
  • Ares Capital will host a webcast/conference call on Tuesday, April 25, 2023 at 11:00 a.m. (Eastern Time) to discuss its quarter ended March 31, 2023 financial results.

Transfers from Community Colleges to Four-Year Colleges Drop Nearly 8% from Fall 2021 to Fall 2022

Retrieved on: 
Thursday, March 9, 2023
Transfer, Education sciences, Clearing house, United States Department of Education, Teachers College, Columbia University, Columbia University, Education, Institute of Education Sciences, ARCC, Research, Growth, United States Secretary of Education, Student, United States Census Bureau, Progress, Woman, COVID-19, Community college, National Student Clearinghouse, Use of Free and Open-Source Software (FOSS) in the U.S. Department of Defense, Tutoring, Nursing

Upward transfer declines accounted for the majority of fall 2022’s transfer enrollment losses and deteriorated during the pandemic for students at all income levels.

Key Points: 
  • Upward transfer declines accounted for the majority of fall 2022’s transfer enrollment losses and deteriorated during the pandemic for students at all income levels.
  • The new, post-pandemic, report series Transfer and Progress: Fall 2022 Report reveals that baccalaureate degree programs appear increasingly out of reach for community college students, particularly those enrolled in urban and suburban community colleges, and in transfer-focused community colleges.
  • Furthermore, fall transfer enrollment slowed its decline in 2022, but still decreased at a faster rate than non-freshman undergraduates that did not transfer.
  • Baccalaureate degree attainment rates improved for the fall 2016 community college entering cohort even during their pandemic-impacted 5th and 6th years of enrollment.