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Fly News Breaks for August 3, 2017
TCAP
Aug 3, 2017 | 13:11 EDT
As previously reported, JMP Securities downgraded Triangle Capital to Market Perform from Outperform. Analyst Chris York said Q2 net interest income of 41c sequentially was below his 43c estimate, and did not cover the core dividend of 45c for the quarter. York has reduced confidence in dividend stability and reduced his rating.
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