New Mountain: Q2 Earnings Snapshot

By The Associated Press
August 3, 2026 | 5:03 PM

NEW YORK (AP) — NEW YORK (AP) — New Mountain Finance Corp. (NMFC) on Monday reported second-quarter earnings of $17.3 million.

The New York-based company said it had profit of 18 cents per share. Earnings, adjusted for investment costs, came to 26 cents per share.

The results met Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 26 cents per share.

The business development company posted revenue of $61.5 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $62.8 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NMFC at https://www.zacks.com/ap/NMFC

SEC joins Big Ten in banning pros from returning to college, includes basketball players

By The Associated Press
August 25, 2026 | 7:25 PM

The Southeastern Conference passed a rule Tuesday banning players who have been drafted by NFL, NBA or WNBA teams or listed on rosters in those leagues, joining the Big Ten in taking a strong stand against this month's unexpected surge of pro players trying to return to college. The SEC's rule differs from the one adopted by the Big Ten, which only included football in its decision released earlier in the day. Combined, it leaves little doubt about where the nation's two biggest conferences stand in the wake of court orders that were allowing players who had been on pro rosters, then released, to return back to college. It puts LSU on notice. This week, Tigers coach Lane Kiffin added Dae’Quan Wright and Zxavian Harris, a pair of undrafted players out of Mississippi who had tryouts in the NFL over the summer, but were released by their teams during training camp.

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