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BlackRock TCP Capital downgraded to ’BB+’ by Fitch on asset quality concerns

BlackRock TCP Capital downgraded to ’BB+’ by Fitch on asset quality concerns

Investing.com -- Fitch Ratings has downgraded BlackRock TCP Capital Corp.’s (NASDAQ:TCPC) long-term issuer default rating and debt ratings to ’BB+’ from ’BBB-’ with a stable outlook, citing deteriorating asset quality and elevated non-accrual levels. The business development company (BDC) reported net realized losses of 6% of its average portfolio at fair value in the first half of 2025 ...

2025-08-16 23:14:44
WEF clears founder Schwab of wrongdoing; appoints interim co-chairs

WEF clears founder Schwab of wrongdoing; appoints interim co-chairs

By Mrinmay Dey (Reuters) -The World Economic Forum closed an investigation on its founder Klaus Schwab on Friday, clearing him of any wrongdoing, and appointed BlackRock CEO Larry Fink and Roche Holding’s vice-chair Andre Hoffmann as interim co-chairs of its board. The Geneva-based organisation had launched an investigation in April into 87-year-old Schwab following a whistleblower letter allegi ...

2025-08-16 23:11:11
Monkey Tree Investment Limited Files for 1.65M Share IPO at $4-$5/sh

Monkey Tree Investment Limited Files for 1.65M Share IPO at $4-$5/sh

Monkey Tree Investment Limited (MKTR) has filed for 1,650,000 share IPO at $4-$5 per share.3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads.Should you invest $2,000 in MKTR right now?Before you buy stock in MKTR, consider this: ProPicks AI are 6 easy-to-follow model portfolios created by Investing.com for building wealth by identifying winning stock ...

2025-08-16 23:08:41
EUR, US curve steepening to persist on inflation, pre-emptive Fed easing bets

EUR, US curve steepening to persist on inflation, pre-emptive Fed easing bets

Investing.com -- Bond markets are back in the spotlight as UBS is betting the steepening of both U.S. and euro curves will continue, driven by sticky U.S. inflation, talk of pre-emptive Fed easing, and renewed focus on Ukraine risks. While a wave of volatility at the short end of the yield curve could trigger some bear flattening, the house view is clear: “We expect our US 5s30s steepener and EU ...

2025-08-16 23:05:39