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Investcorp: Q1 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — Investcorp Credit Management BDC, Inc. (ICMB) on Tuesday reported a loss of $8.6 million in its first quarter.

On a per-share basis, the New York-based company said it had a loss of 60 cents. Earnings, adjusted for investment costs, came to 1 cent per share.

The specialty finance company posted revenue of $3.6 million in the period.

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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 ICMB at https://www.zacks.com/ap/ICMB

No. 16 Michigan catches second-chance Hail Mary, survives scare vs WMU

ANN ABOR, Mich. (AP) — Bryce Underwood converted with a second chance on a Hail Mary, connecting with JJ Buchanan for a 47-yard touchdown pass that lifted No. 16 Michigan over Western Michigan 13-12 on Saturday night. The Broncos were 27 1/2-point underdogs but thought they'd spoiled Kyle Whittingham's debut when Underwood's first Hail Mary sailed out of bounds with the clock expired. Officials called for a review. TV replays showed the clock hitting zero before the ball hit the hands of a Western Michigan defender, but officials ruled there was a second left. Underwood heaved another throw, and Buchanan leaped to snag it and came down with it in the end zone.
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