FS Investment Corporation (FSIC) stock prices updated...

FS Investment Corporation stock price

FS Investment Corporation latest news:

  • 01/12/2018 13:07:36

    Teva credit rating downgraded to junk status at Moody's

    Teva Pharmaceuticals Industries Ltd.'s credit rating was downgraded two notches into junk status at Moody's Investors Service, which cited concerns over the drug maker's sizable debt. The rating agency cut Teva's senior unsecured rating to Ba2 from Baa3, which is the lowest investment grade rating, and assigned a Ba2 corporate family rating. The outlook is stable. "The downgrade of Teva's ratings to speculative grade reflects the challenge of managing its significant debt burden while facing a prolonged period of earnings erosion," said Morris Borenstein, an assistant vice president at Moody's. "While Teva's cost restructuring program will help to partially offset declines, execution risk is high." Teva's credit is also rated junk at Fitch Ratings, but S&P Global Ratings rates it BBB-, which is its lowest investment grade rating. The stock, which rose 2.2% in afternoon trade, has tumbled 34.5% over the past 12 months, while the SPDR S&P Pharmaceuticals ETF has gained 15.7% and the S&P 500 has climbed 22.7%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 12/11/2017 17:35:30

    FS Investments moves lending platform from Blackstone to KKR

    (Reuters) - Debt investment company FS Investment Corp and buyout firm KKR are pooling together more than $18 billion in private capital to invest in mid-sized businesses, in a push to do bigger...

  • 11/06/2017 16:20:19

    BRIEF-AmTrust Financial will transfer 51% equity interest in some of its U.S. businesses to Madison Dearborn Partners

    AmTrust Financial Services Inc(AFSI): * AmTrust - co, ‍Madison Dearborn Partners agree for co to transfer a 51% equity interest in certain of its U.S.-based fee businesses to MDP​. * AmTrust Financial Services (AFSI) - deal values the U.S.-based fee business at $1.15 billion, plus up to additional $50 million upon exit, subject to agreed thresholds​. * AmTrust-Via mix of MDP's equity investment of abo...

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