Market Wobbly But Gaining

Although the markets wobbled a bit in anticipation of the Federal Reserve’s rate decision, the Dow Jones Industrial Average still managed to squeak out a 400+ point gain since our last issue.
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American Capital (ACAS)

A possible spin-off, supported by a termination of the stock buyback program, and an SEC rule requiring an index change, have combined to price this BDC at a discount. American Capital (ACAS) from Adrian Day’s Global Analyst American Capital (ACAS) announced it would suspend indefinitely its program...
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