Active Stock Market News: Owens-Illinois Inc (NYSE:OI), Prospect Capital Corporation (NASDAQ:PSEC)

Active Stocks

At long last, Owens-Illinois Inc (NYSE:OI), finished its last exchange with 0.23% pick up, and shut at $21.90.


Owens-Illinois, Inc., through its assistants, makes and offers glass compartment items to nourishment and refreshment makers essentially in Europe, North America, South America, and the Asia Pacific. It produces glass compartments for mixed refreshments, checking brew, enhanced beers, spirits, and wine.

Owens-Illinois, has arranged its second from last quarter 2015 telephone call and webcast for Wednesday, Oct. 28, 2015, at 8 a.m. EST. The company`s news discharge for the second from last quarter 2015 profit will be issued after the business sector closes on Tuesday, Oct. 27.

On Tuesday, Shares of Prospect Capital Corporation (NASDAQ:PSEC), increased 0.67% to $7.46.

Prospect Capital Corporation is a business advancement organization. It has practical experience in center business sector, adult, mezzanine fund, later stage, rising development, buyouts, recapitalizations, turnaround, development capital, improvement, subordinated obligation tranches of collateralized credit commitments, income term advances, and scaffold exchanges.

Prospect Capital Corporation, proclaimed that Prospect has offered $17.5 million of first lien senior secured drifting rate obligation to bolster the recapitalization of Easy Gardener Products, Inc. (“Simple Gardener”), a portfolio organization of Center Lane Partners, LLC (“Center Lane”).

Established in 1983 and headquartered in Waco, Texas, Easy Gardener circulates more than 1,000 SKUs through a system of more than 50 yard and patio nursery retailers in North America. The organization disperses a wide exhibit of items in the scene fabric, compost, concoction free weed control, and customer shade classifications. Simple Gardener’s arrangement of brands, checking Easy Gardener, Jobe’s, Weedblock, Landmaster, Sunscreen, and Ross, is all around perceived in the Lawn & Garden industry.

“We are eager to collaborate with Prospect on our third exchange together,” said Nathan Richey, a Managing Director of Center Lane. “Prospect’s velocity and readiness in execution, together with its comprehension of the buyer items industry, were necessary to the accomplishment of this recapitalization.”

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Kristen Rose
University graduate with a bachelor's degree in business administration. Kristen is the Finance Editor, overseeing markets, economics, wealth, fintech, banking, and regulation coverage, based in London. She like to keep things simple, enjoy life, & appreciate everything around me.♡