Medley Capital Corporation (MCC) News

Medley Capital Corporation (MCC)

Today's Latest Price: $17.83 USD

0.15 (-0.83%)

Updated Sep 30 3:59pm

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Ranked of 55 in Private Equity

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Latest MCC News From Around the Web

Below are the latest news stories about Medley Capital Corp that investors may wish to consider to help them evaluate MCC as an investment opportunity.

Adani Green rallies 10% on becoming largest solar power generation company

As per Mercom Capital's study, Adani Green's solar portfolio stands at 12.32 gigawatts now, which exceeds the total installed capacity of the US in 2019. It is also ranked as top player in terms of 10.1 gigawatts of projects under construction, it said.

Economic Times India | September 2, 2020

Medley Capital names Amster to board as part of standstill pact

Medley Capital (MCC) adds Howard Amster to its board as part of a standstill agreement with Amster and certain of his affiliates, the company said in an SEC filing.Under the agreement, Amster agrees that it won't call a stockholders meeting, won't seek any additional representation on the board or seek...

Seeking Alpha | August 21, 2020

SNR, MCC, RDN and AVDL among after-hours movers

Gainers: [[MCC]] +14.5%. [[CLXT]] +9.8%. [[GEOS]] +6.4%. [[BEAM]] +6%. [[AVDL]] +5.3%.Losers: [[FF]] -7.9%. [[NRIX]] -6.8%. [[SNR]] -4.4%. [[RDN]] -4.1%. [[CWCO]] -3%....

Seeking Alpha | August 7, 2020

Medley Capital Corporation Announces June 30, 2020 Financial Results

NEW YORK, Aug. 07, 2020 (GLOBE NEWSWIRE) -- Medley Capital Corporation (NYSE:MCC) (TASE: MCC) (the "Company") today announced financial results for the …

Benzinga | August 7, 2020

Sierra Income Corporation Announces Distribution Update

Sierra Income Corporation ("Sierra" or the "Company") today announced that its Board of Directors has determined to continue the temporary suspension of the monthly distributions on the shares of the Company's common stock to enhance financial flexibility. Shareholder distributions, including both cash and through the distribution reinvestment plan, will be suspended through September 30, 2020. The Company expects to evaluate resumption of monthly distributions at a future date. The Company believes that it is in the best long-term interests of its shareholders to maintain a conservative approach to its distribution policy during this volatile economic environment.

Yahoo | July 31, 2020

Mercom: Corporate, VC funding in battery storage dropped back down to pre-pandemic levels in H1 2020

Funding into battery storage companies fell dramatically in the first half of 2020 compared to last year’s equivalent period, according to the latest reporting from Mercom Capital.

Energy Storage News | July 23, 2020

Medley Capital announces 1-20 reverse stock split

Medley Capital (MCC) announced a reverse stock split of its common stock, par value $0.001, of 1-20, effective July 24, 2020 after market close thereby reducing the company's authorized shares.The stock will begin trading on a split-adjusted basis on the NYSE on July 27, 2020 after market open under the same symbol...

Seeking Alpha | July 13, 2020

Medley Capital announces 1-20 reverse stock split (NYSE:MCC)

Medley Capital (NYSE:MCC) announced a reverse stock split of its common stock, par value $0.001, of 1-20, effective July 24, 2020 after market close thereb

Seeking Alpha | July 13, 2020

Medley Capital Corporation Announces One-for-Twenty Reverse Stock Split; Common Stock to Begin Trading on a Split-Adjusted Basis at Market Open on July 27, 2020

NEW YORK, July 13, 2020 (GLOBE NEWSWIRE) -- Medley Capital Corporation (NYSE: MCC) (TASE: MCC) (the “Company”) announced today that, following the Company’s 2020 Annual Meeting of Stockholders  held on June 30, 2020 (the “Annual Meeting”), on July 7, 2020, the Company’s board of directors (the “Board”) determined that it is in the best interests of the Company and its stockholders to effect a reverse stock split of its common stock, par value $0.001 (the “Common Stock”), of 1-20 (the “Reverse Stock Split”) and reduce the number of authorized shares of Common stock by the reverse stock split ratio (the “Authorized Share Reduction”). Accordingly, on July 13, 2020, the Company filed a Certificate of Amendment (the “Certificate of Amendment”) to the Certificate of Incorporation with the Sec...

Yahoo | July 13, 2020

Medley Capital Corporation Subject to Monthly Expense Support, Houlihan Lokey Commenced Strategic Review Process

Medley Capital Corporation (MCC) (MCC) (the “Company”) announced today that, on June 12, 2020, the board of directors of the Company (the “Board”), including its special committee (the “Special Committee”), has approved an expense support agreement (the “Expense Support Agreement”) under which MCC Advisors LLC and Medley LLC agreed (jointly and severally) to cap the management fee and all of the Company’s other operating expenses (except interest expenses, certain extraordinary strategic transaction expenses, and other expenses approved by the Special Committee at $667,000 per month (the “Cap”). The Cap is expected to result in a material reduction in the Company’s expenses.

Yahoo | June 15, 2020

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