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Stocks Losers To Keep Eyes On: TICC Capital Corp. (NASDAQ:TICC), Avon Products,Inc. (NYSE:AVP), Goodrih Petroleum Coperation (NYSE:GDP), Key Energy Service,Inc. (NYSE:KEG)

Stocks Losers To Keep Eyes On: TICC Capital Corp. (NASDAQ:TICC), Avon Products,Inc. (NYSE:AVP), Goodrih Petroleum Coperation (NYSE:GDP), Key Energy Service,Inc. (NYSE:KEG)

March 17, 2015 2:09 pm by: Category: Business & Finance Leave a comment A+ / A-

On Monday, Following U.S. Stocks were among the “Top Losers”: TICC Capital Corp. (NASDAQ:TICC), Avon Products,Inc. (NYSE:AVP), Goodrih Petroleum Coperation (NYSE:GDP), Key Energy Service,Inc. (NYSE:KEG)

Latest NEWS regarding these Stocks are depicted underneath:

TICC Capital Corp. (NASDAQ:TICC)

Formerly on February 26, TICC Capital Corp. (TICC), declared its financial results for the quarter and year ended December 31, 2014, and confirmed a distribution of $0.27 per share for the first quarter of 2015.

HIGHLIGHTS:

  • For the year ended December 31, 2014, we recorded about $117.3 million of total investment revenue and $65.5 million of net investment revenue, contrast to $105.1 million of total investment revenue and $55.8 million of net investment revenue for the year ended December 31, 2013.
  • For the quarter ended December 31, 2014, we recorded net investment revenue of about $12.8 million, or about $0.21 per share (counting the effect of about $0.05 per share of accelerated expenses, described below). In the fourth quarter, we also recorded net realized capital losses of about $7.3 million and net unrealized depreciation of about $33.9 million. In total, we had a net decrease in net assets resulting from operations of about $28.4 million or about $0.47 per share for the fourth quarter.
  • Total investment revenue for the fourth quarter of 2014 amounted to about $28.6 million, which represents a decrease of about $1.6 million from the third quarter of 2014.
  • For the quarter ended December 31, 2014, we recorded investment revenue from our portfolio as follows:
  • about $12.9 million from our debt investments,
  • about $14.5 million from our collateralized loan obligation (“CLO”) equity investments, and
  • about $1.2 million from all other sources.

TICC Capital Corp., a business development corporation, operates as a closed-end, non-diversified administration investment corporation. The firm invests in both public and private companies.

Avon Products Inc. (NYSE:AVP)

S&P Dow Jones Indices will make the following changes to the S&P 100, S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices:

S&P MidCap 400 constituent Hanesbrands Inc. (HBI) will replace Avon Products Inc. (AVP) in the S&P 500, and Avon Products will replace Hanesbrands in the S&P MidCap 400.

Avon Products manufactures and markets beauty and related products. Headquartered in New York, NY, the corporation will be added to the S&P MidCap 400 Personal Products Sub-Industry index.

Avon Products, Inc. manufactures and markets beauty and related products worldwide. It offers beauty products, such as skincare, and personal care products, in addition to fragrances and color cosmetics; and fashion and home products comprising of jewelry, watches, apparel, footwear, accessories, gift and decorative products, housewares, entertainment and leisure products, children’s products, and nutritional products.

Goodrich Petroleum Corp. (NYSE:GDP)

Goodrich Petroleum Corp. (GDP), declared that it has closed its formerly declared offering of $100 million aggregate principal amount of 8% senior secured notes issued at par due 2018. Net proceeds from the offering totaled about $98 million. The Corporation intends to use the net proceeds from the offering to repay borrowings under its credit facility and for general corporate purposes.

Goodrich Petroleum is an independent oil and natural gas exploration and production corporation listed on the New York Stock Exchange. The corporation holds interest in the Tuscaloosa Marine Shale located in southwest Mississippi and southeast Louisiana; the Eagle Ford Shale Trend located in South Texas; and the Haynesville Shale Trend in Northwest Louisiana and East Texas.

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All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.

Stocks Losers To Keep Eyes On: TICC Capital Corp. (NASDAQ:TICC), Avon Products,Inc. (NYSE:AVP), Goodrih Petroleum Coperation (NYSE:GDP), Key Energy Service,Inc. (NYSE:KEG) Reviewed by on . On Monday, Following U.S. Stocks were among the "Top Losers": TICC Capital Corp. (NASDAQ:TICC), Avon Products,Inc. (NYSE:AVP), Goodrih Petroleum Coperation (NYS On Monday, Following U.S. Stocks were among the "Top Losers": TICC Capital Corp. (NASDAQ:TICC), Avon Products,Inc. (NYSE:AVP), Goodrih Petroleum Coperation (NYS Rating: 0

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