Edition:
United States

Apollo Global Management LLC (APO.N)

APO.N on New York Stock Exchange

23.40USD
24 Mar 2017
Change (% chg)

$-0.10 (-0.43%)
Prev Close
$23.50
Open
$23.48
Day's High
$23.62
Day's Low
$23.25
Volume
257,209
Avg. Vol
278,263
52-wk High
$24.00
52-wk Low
$14.25

Latest Key Developments (Source: Significant Developments)

Apollo to offer preferred shares
Tuesday, 28 Feb 2017 08:57am EST 

Apollo Global Management Llc : Apollo to offer preferred shares .Apollo Global Management - BofA Merrill lynch, Morgan Stanley, UBS Investment Bank and Wells Fargo Securities are acting as joint book-running managers for offering.  Full Article

Apollo Global Management Llc reports qtrly earnings per share $0.87
Friday, 3 Feb 2017 08:00am EST 

Apollo Global Management Llc : Apollo Global Management Llc reports fourth quarter and full year 2016 results . Apollo Global Management Llc - qtrly GAAP earnings per share $0.87, economic earnings per share $0.98 . Q4 earnings per share view $0.76 -- Thomson Reuters I/B/E/S . Apollo Global Management - total assets under management of $191.7 billion at end of Q4 . Apollo Global Management - total assets were $5.6 billion as of December 31, 2016, an increase of $1.1 billion, or 23pct, compared to december 31, 2015 . Apollo Global Management Llc - qtrly revenue $685.4 million versus $193.7 million . Q4 revenue view $526.1 million -- Thomson Reuters I/B/E/S . Apollo global management llc - qtrly distributable earnings $226.2 million versus $130.6 million .Apollo global management - qtrly distributable eps $0.55.  Full Article

Double Eagle Energy Permian says strategic relationship to fund Midland basin asset acquisitions
Monday, 14 Nov 2016 08:21pm EST 

Apollo Global : Double Eagle Energy Permian LLC announces strategic relationship to fund Midland basin asset acquisitions and development . Double Eagle and Magnetar Capital have entered into a definitive agreement .Says Magnetar has agreed to invest up to $450 million of equity and debt to support additional Midland basin acquisitions.  Full Article

Double Eagle Energy Permian says strategic relationship to fund Midland basin asset acquisitions
Monday, 14 Nov 2016 06:40pm EST 

Apollo Global : Double Eagle Energy Permian LLC announces strategic relationship to fund Midland basin asset acquisitions and development . Double Eagle and Magnetar Capital have entered into a definitive agreement .Says Magnetar has agreed to invest up to $450 million of equity and debt to support additional Midland basin acquisitions.  Full Article

Commerzbank, Apollo submitted bids for Allianz's Oldenburgische Landesbank
Tuesday, 27 Sep 2016 12:12pm EDT 

: Apollo and Commerzbank have submitted non-binding offers for Allianz's Oldenburgische Landesbank - sources . Commerzbank and Allianz decline to comment, Apollo not immediately available for comment Further company coverage: [APO.N] [CBKG.DE] [ALVG.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Affiliates of funds managed by Apollo Global affiliates announce successful tender offer for Outerwall
Friday, 23 Sep 2016 07:00am EDT 

Apollo Global Management LLC : Affiliates of certain funds managed by affiliates of Apollo Global Management announce successful tender offer for Outerwall .Apollo Funds and Outerwall intend to complete acquisition of Outerwall by merging it with an affiliate of Apollo Funds.  Full Article

SEC charges two with insider trading ahead of ADT takeover
Thursday, 22 Sep 2016 03:00pm EDT 

Apollo Global Management LLC : U.S. SEC files insider trading charges against colin whelehan, sheren tsai -- court filing . Defendants are accused of insider trading in adt corp securities prior to takeover by Apollo Global Management LLC . SEC says whelehan, a harvard graduate, and tsai, an nyu graduate, were employed at investment advisers . SEC says tsai was whelehan's girlfriend at the time . SEC lawsuit filed in Manhattan federal court seeks to recoup illegal gains, impose civil fines.  Full Article

Rackspace Hosting - Upon deal termination Apollo will pay fee of $253 million
Tuesday, 30 Aug 2016 10:06am EDT 

Rackspace Hosting Inc: Upon termination of deal under specified circumstances, apollo will be required to pay co termination fee of $253 million .Upon termination of deal under other circumstances, company will be required to pay apollo a termination fee of $112 million.  Full Article

Affiliates of certain funds managed by affiliates of Apollo Global Management announce extension of tender offer
Tuesday, 23 Aug 2016 06:24pm EDT 

Apollo Global Management LLC: Affiliates of certain funds managed by affiliates of co determined to further extend offering period of cash tender offer .Cash tender offer to purchase common stock of diamond resorts international extended to Aug. 30, 2016.  Full Article

Nike, Apollo Global in partnership for apparel manufacturing
Thursday, 18 Aug 2016 04:15pm EDT 

Apollo Global Management : Affiliates of Apollo Global Management and Nike Inc announce strategic partnership for apparel manufacturing in the Americas . Terms of agreements were not disclosed . Investment is made by Apollo-managed special situations I fund . For partnership, a new apparel supply chain company has acquired existing apparel suppliers in north and central America .New supply chain company has acquired apparel manufacturer New Holland & embellishment, warehousing and logistics operator ArtFx.  Full Article

More From Around the Web

UPDATE 1-Slovenian banks' January joint net profit down by 10.7 pct y/y

LJUBLJANA, March 19 Slovenian banks had joint net profit of 38.8 million euros ($42 million) in January, down from 43.5 million euros in the same month of 2016, the Bank of Slovenia said in a report on its website which showed profit was down partly due to lower interest rate income.