Moelis & Company (MC) Declares $0.37 Quarterly Dividend; 3.6% Yield

Moelis & Company (MC) Prices 6M Class A Share Offering at $42/Sh

July 26, 2017 5:42 AM EDT

Moelis & Company (the Company) (NYSE: MC), a leading global independent investment bank, today announced the pricing of the previously announced public offering of 6,000,000 shares of its Class A common stock at a public offering price of $42 per share, which is expected to yield gross proceeds of approximately $252.0 million, before deducting... More

Moelis (MC) PT Raised to $45 at BofA/Merrill Lynch Followng 2Q

July 25, 2017 9:09 AM EDT

BofA/Merrill Lynch raised its price target on Moelis (NYSE: MC) to $45.00 (from $43.00) while maintaining a Buy rating following 2Q. Moelis reported EPS of $0.66 compared to consensus estimates of $0.47. Revenue also beat expectations with $172M vs. the Street's $157M.

Over the near term,... More

Moelis (MC) PT Raised to $42 at UBS Following 2Q EPS Beat

July 25, 2017 7:17 AM EDT

UBS raised its price target on Moelis (NYSE: MC) to $42.00 (from $40.00) while maintaining a Neutral rating following the company's 2Q earnings report. Moelis reported 2Q adjusted pro forma EPS of $0.66, above the consensus of $0.47 per share.

Analyst Brennan Hawken raised 2017 adjusted... More

Moelis & Company (MC) Tops Q2 EPS by 19c

July 24, 2017 4:16 PM EDT

Moelis & Company (NYSE: MC) reported Q2 EPS of $0.66, $0.19 better than the analyst estimate of $0.47. Revenue for the quarter came in at $172.1 million versus the consensus estimate of $157.22 million.

We achieved our third consecutive quarter of record revenues, with particular strength in M&A and... More

Exclusive: UAE oil giant in talks to obtain loan of up to $5 billion - sources

July 24, 2017 8:44 AM EDT

By Davide Barbuscia and Stanley Carvalho

DUBAI (Reuters) - Abu Dhabi oil giant Adnoc is in talks to obtain a syndicated loan worth up to $5 billion, the latest sign that the region's giant oil companies are increasingly turning to the debt markets to fund expansion.

Two banking sources said on Monday that company's talks with regional and international banks are focusing on a loan that may total several billion U.S. dollars. A third said it was expected to be in a range of $4 billion to $5 billion.

The loan facility, which would have various... More