On Friday, TrueCar Inc (NASDAQ:TRUE)’s shares declined -3.85% to $13.00.
TrueCar Inc (TRUE) the negotiation-free car buying and selling mobile marketplace, finds that June is the best month for great deals on midsize sedans, and that among the segment’s many outstanding models the hybrid version of Hyundai Motor’s Sonata is accessible at a particularly attractive 17.8 percent discount off the Manufacturer’s Suggested Retail Price (MSRP).
Over the last three years June has proven to be the best time to buy a midsize car, with discounts averaging 8.2 percent off MSRP, based on a TrueCar analysis. This year’s drop in average gasoline prices – down 23 percent from a year ago to $2.80 nationwide per gallon as of June 14, according to AAA’s Fuel Gauge Report – has further improved the appeal of compact and midsize crossover utility vehicles at the expense of family sedans, triggering higher discounts on midsize cars.
TrueCar, Inc. operates as an Internet-based information, technology, and communication services company. The company operates its platform on the TrueCar Website and TrueCar mobile applications. It also customizes and operates its platform for its affinity group marketing partners, counting financial institutions, membership-based organizations, and employee buying programs for large enterprises.
Apollo Education Group Inc (NASDAQ:APOL)’s shares gained 2.55% to $16.70.
Apollo Education Group Inc (APOL) declared that it will report its fiscal 2015 third quarter results after market on Monday, June 29, 2015. The Company will host a conference call to talk about its results in more detail at 2:00 p.m. AZ time (5:00 p.m. ET) the same day.
Apollo Education Group, Inc. provides private education services. It offers online and on-campus undergraduate, graduate, professional development, and other non-degree educational programs and services primarily to working learners in the United States and internationally. The company operates in University of Phoenix, Apollo Global, and Other segments.
At the end of Friday’s trade, Ares Capital Corporation (NASDAQ:ARCC)‘s shares dipped -0.06% to $16.58.
Ares Capital Corporation (ARCC) and Varagon Capital Partners recently declared that they are establishing a new joint venture that will make senior secured loans to middle-market companies. The new joint venture will be called the Senior Direct Lending Program (SDLP). The SDLP will work to follow on with the success that Ares Capital enjoyed with its previous senior loan joint venture, the Senior Secured Loan Program (SSLP), with GE Capital.
Ares Capital Corporation is a specialty finance company that is engaged in closed-end, non-diversified administration investment businesses. The Company’s investment objective is to generate both current income and capital appreciation through debt and equity investments, investing invest primarily in United States middle-market companies. The Company primarily has three areas of focus: Corporate, non-syndicated senior debt, mezzanine debt and non-control equity to middle-market companies; Project Finance: high yield senior and mezzanine debt to finance power generation projects; Venture Finance, senior secured loans to early-stage and emerging growth companies backed by venture capital firms. The Company invests in sectors, such as Healthcare Services, Business Services, Education, Energy, Restaurants and Food Services, Financial Services among others.
Fulton Financial Corp (NASDAQ:FULT), ended its Friday’s trading session with -0.08% loss, and closed at $13.22.
The Board of Directors of Fulton Financial Corporation (NASDAQ: FULT) has declared a quarterly cash dividend of nine cents per share on its common stock, payable on July 15, 2015 to shareholders of record as of July 1, 2015.
Fulton Financial Corporation, a $17.4 billion Lancaster, Pa.-based financial holding company, has about 3,700 employees and operates more than 240 branches in Pennsylvania, Maryland, Delaware, New Jersey and Virginia through six partner banks.
Fulton Financial Corporation operates as a multi-bank financial holding company that provides a range of banking and financial services to businesses and consumers. It offers personal banking services that comprise various checking account and savings deposit products, certificates of deposit, and individual retirement accounts.
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