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Stock Market & Financial Investment News

News Breaks
March 5, 2013
08:38 EDTMCGCMCG Capital reports Q4 EPS 9c, consensus 7c
News For MCGC From The Last 14 Days
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April 21, 2014
08:14 EDTMCGCMCG Capital sees Q1 EPS (29c)-(27c), may not compare to consensus 7c
Sees Q1 net operating income per share 5c-6c. Sees Q1 net operating income $4.1M-$4.3M. The company expects to record between $23M-$24M of unrealized depreciation on its loan and equity portfolio, principally from two investments. Based on operational, financial and business challenges facing Education Management, Inc., the company expects to mark down its investment by approximately $15.2 million. Furthermore, the company reduced its valuation multiple for RadioPharmacy Investors and expects to mark down its investment by approximately $6.3M based on volume, pricing and supply-cost challenges facing the RadioPharmacy's core business. The investment and valuation committee of the board reviewed and made a determination with respect to the recommended fair value of each of the company's portfolio investments.
08:10 EDTMCGCMCG Capital names Keith Kennedy CEO
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