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ArrowMark Financial Corp.BANX

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ArrowMark Financial Corp. is a closed-end balanced mutual fund launched and managed by ArrowMark Asset Management, LLC.

It invests in public equity and fixed income markets of global region. For its equity portion, the fund invests in stocks of companies operating across financials, banks sectors.

It invests in growth and value stocks of companies across diversified market capitalization. For its fixed income portion, the fund invests in debt and subordinated debt, structured notes and securities, regulatory capital securities which are rated below investment grade.

ArrowMark Financial Corp. was formed on February 7, 2013 and is domiciled in the United States.

Latest News >

Armstrong World Industries' Q1 Adjusted Earnings, Net Sales Increase

Apr 30, 2024

10:21 AM EDT, 04/30/2024 (MT Newswires) -- Armstrong World Industries ( AWI ) reported Q1 adjusted earnings Tuesday of $1.38 per diluted share, up from $1.12 a year earlier. Analysts polled by Capital IQ expected $1.23. Net sales for the quarter ended March 31 were $326.3 million compared with $310.2 million a year earlier. Analysts polled by Capital IQ expected...

Globe Life becomes target of second short seller this month

Apr 30, 2024

April 30 (Reuters) - Viceroy Research revealed a short position against life insurer Globe Life ( GL ) on Tuesday, making it the target of a second short-seller attack within a month. The short seller said it had conducted an extensive investigation of the company and its subsidiary American Income Life (AIL), and concluded that fraudulent, dishonest, and misleading sales...

Update: Market Chatter: Perficient Reportedly Mulling Potential Sale; Shares Rise

Apr 30, 2024

10:20 AM EDT, 04/30/2024 (MT Newswires) -- (Updates with details throughout.) Perficient (PRFT) is contemplating a potential company sale and could garner interest from both private-equity firms and industry players, Bloomberg News reported Tuesday, citing people familiar with the matter. The technology consultant has tapped advisers to weigh possible strategic options and assess interest from potential suitors, the news outlet...

Update: Microsoft to Invest $1.70 Billion in AI, Cloud Services in Indonesia

Apr 30, 2024

10:26 AM EDT, 04/30/2024 (MT Newswires) -- (Updates with additional details in second, third, and fourth paragraphs.) Microsoft ( MSFT ) will invest $1.70 billion to support artificial intelligence and cloud services in Indonesia over the next four years, the company said Tuesday. The investment will also support AI skilling opportunities for 840,000 people, and the country's growing developer community,...