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Sunday 27 September 2015
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Active Stocks in the Spotlight: Prospect Capital Corporation (NASDAQ:PSEC), KKR & Co. L.P. (NYSE:KKR), Newfield Exploration Co. (NYSE:NFX)

On Monday, Shares of Prospect Capital Corporation (NASDAQ:PSEC), lost -3.72% to $6.98.

Prospect Capital Corporation, declared that it anticipates to file with the Securities and Exchange Commission its report on Form 10-K containing its fiscal year results for the year ended June 30, 2015 on Wednesday, August 26, 2015 after the close of the markets. The Company also anticipates issuing its earnings press release on Wednesday, August 26, 2015 after the close of the markets.

The Company will host a conference call on Thursday, August 27, 2015 at 11:00 a.m. Eastern Time.

Prospect Capital Corporation is a financial services company that primarily lends to and invests in middle market privately held companies. The Company is a closed-end investment company which invests primarily in first and second lien secured loans and unsecured debt, senior and subordinated debt and equity of companies in need of capital for acquisitions, divestitures, growth, development, recapitalizations and other purposes.

Shares of KKR & Co. L.P. (NYSE:KKR), declined -4.40% to $18.69, during its last trading session.

Mobile event technology and event Performance Company DoubleDutch, declared a $45 million round of growth financing led by KKR, with participation from existing investors Bessemer Venture Partners, Index Ventures, and others. The company cites global expansion, sales and marketing, and targeted acquisitions as the primary use of proceeds.

“We are thrilled to team up with KKR to tackle this next stage of growth,” said DoubleDutch CEO Lawrence Coburn. “The $565 billion spent annually on events and conferences - the biggest marketing spends in the world - is running blind. We believe that DoubleDutch can assist.”

DoubleDutch serves corporate events, associations, and trade shows, providing a best-in-class mobile application for attendees on the front end, and near real-time event performance analytics for event organizers on the back end, complete with sentiment analysis and engagement benchmarks.

KKR & Co. L.P. is a private equity and real estate investment firm specializing in direct and fund of fund investments. It specializes in acquisitions, leveraged buyouts, administration buyouts, credit special situations, growth equity, mature, mezzanine, distressed, and middle market investments.

Finally, Newfield Exploration Co. (NYSE:NFX), ended its last trade with -10.25% loss, and closed at $27.66.

Newfield Exploration Company (NFX) is planned to present at the following events:

  • Barclays Capital CEO Energy-Power Conference

8:25 a.m. (Eastern), September 10, 2015

 

  • UBS Houston Energy Bus-less Tour

11:15 a.m. (Central), September 17, 2015

Newfield Exploration Company is an independent energy company engaged in the exploration, development, and production of crude oil, natural gas, and natural gas liquids. The Company is focused on North American resource plays and its principal areas of operation comprise the Mid-Continent, the Rocky Mountains, and onshore Texas. Internationally, the Company has oil developments offshore China.

Newfield Exploration Company, an independent energy company, engages in the exploration, development, and production of crude oil, natural gas, and natural gas liquids. The company’s primary areas of operation comprise the Mid-Continent, Rocky Mountains, and onshore Gulf Coast regions in the United States. It also holds offshore oil developments in China.

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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.

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