Edition:
United States

Investment Management & Fund Operators

Page 1

Apollo Global Management says Tiger Global Management purchases co's shares

Friday, 21 Jul 2017 05:41pm EDT

July 21 (Reuters) - Apollo Global Management Llc :Apollo Global Management says Tiger Global Management purchases 100,916 shares of co's common stock at average price of $27.36 per share on July 19 - SEC filing.Apollo Global Management says Tiger Global Management purchases 149,052 shares of co's common stock at average price of $27.9 per share on July 20.

MEC Resources updates on dispute with BPH Energy and Grandbridge

Friday, 21 Jul 2017 04:28am EDT

July 21 (Reuters) - MEC Resources Ltd :Update on dispute with BPH and GBA.Claims between each of bph energy ltd, grandbridge ltd and mec have been temporarily suspended.Withdrew its statutory demand issued to BPH Energy Ltd on 3 July.Confirms that a settlement conference will be held between company, Bph Energy Ltd and Grandbridge Ltd."‍Withdrawal of statutory demand by mec should not be construed as mec resiling from amounts it alleges are owed to it"​.Statutory demand was issued to BPH Energy in relation to alleged default on repayment by BPH Energy LTD under formal loan agreement.

German Startups Group H1 prelim net profit of EUR 2.2 mln​

Friday, 21 Jul 2017 03:28am EDT

July 21 (Reuters) - GERMAN STARTUPS GROUP GMBH & CO KGAA ::PRELIMINARY NET CONSOLIDATED PROFIT OF 2.2 MILLION EUROS IN H1 (WHOLE YEAR 2016: -3.5 MILLION EUROS)​.

Consolidated Operations Group withdraw from partial acquisition of equipment finance broker

Friday, 21 Jul 2017 02:36am EDT

July 21 (Reuters) - Consolidated Operations Group Ltd :Withdrawal from partial acquisition of equipment finance broker .Refers to terms sheet executed to acquire 60% interest in an equipment finance broker.Vendor advised to alter a key component of commercial arrangement as such cog have decided to withdraw from transaction.

Paysafe says received takeover proposal from funds managed by Blackstone and CVC Capital

Friday, 21 Jul 2017 02:01am EDT

July 21 (Reuters) - Paysafe Group Plc ::Paysafe Group statement regarding possible offer.Paysafe Group Plc says that it has received a preliminary, conditional proposal from funds managed by Blackstone and funds managed by CVC Capital partners.under terms of possible offer, ordinary shareholders of paysafe would receive 590 pence in cash per ordinary share in paysafe.consortium indicated financing requirements to be funded in part with proceeds of disposal of business consortium considers to be non-core.

Apollo Global is preparing IPO for ADT - WSJ

Thursday, 20 Jul 2017 12:51pm EDT

July 20 (Reuters) - :Apollo Global preparing IPO for ADT; could file paperwork for IPO by the fall and list shares around 2017 year-end - WSJ.

Blackstone Group LP - Qtrly net income per common unit $0.51

Thursday, 20 Jul 2017 07:40am EDT

July 20 (Reuters) - Blackstone Group LP :Blackstone Group LP - Qtrly net income per common unit $0.51.Blackstone Group LP - Distributable earnings was $781 million ($0.63/unit) in the quarter, up 58% year-over-year.Blackstone Group LP - ‍​ Economic net income was $705 million ($0.59/unit) in the quarter, up 36% year-over-year.Blackstone Group LP - Inflows were $12.1 billion in the quarter, bringing the last twelve months inflows to $57.4 billion.Blackstone Group LP - Qtrly total revenues $1.55 billion versus $1.19 billion.Blackstone Group LP - ‍​ Total assets under management (“AUM”) grew to $371.1 billion at quarter-end, up 4 percent.Blackstone Group LP - declared a quarterly distribution of $0.54 per common unit.Q2 earnings per share view $0.62, revenue view $1.53 billion -- Thomson Reuters I/B/E/S.

Bank of New York Mellon Q2 earnings per share $0.88

Thursday, 20 Jul 2017 06:30am EDT

July 20 (Reuters) - Bank Of New York Mellon Corp :Qtrly provision for credit losses was a credit of $7 million versus a credit of $9 million .BNY mellon reports second quarter earnings of $926 million or $0.88 per common share.Q2 earnings per share $0.88.Q2 earnings per share view $0.84 -- Thomson Reuters I/B/E/S.qtrly ‍total revenue of $3.96 billion, increased 5% year-over-year​.‍approved quarterly common stock dividend increase of 26% to $0.24 per share and repurchase of up to $3.1 billion of common stock​.At Q2-end, ‍AUM of $1.77 trillion increased 6% reflecting higher market values and net inflows​.Q2 net interest revenue $826‍​ million versus $767 million.qtrly non-GAAP total revenue $3,953 million versus. $3,772 million.Q2 revenue view $3.89 billion -- Thomson Reuters I/B/E/S.

H-Farm signs media partnership with TTG Italia

Thursday, 20 Jul 2017 05:48am EDT

July 20 (Reuters) - H-FARM SPA ::SIGNS MEDIA PARTNERSHIP WITH TTG ITALIA FOR ITS MASTERLAB IN TRAVEL INNOVATION STRATEGY (MATIS).

Serco appoints Blackrock for a 1.5 bln stg liability driven investing portfolio

Thursday, 20 Jul 2017 04:21am EDT

July 20 (Reuters) - Serco Group Plc :Serco appoints Blackrock for a 1.5 bln stg LDI mandate.Trustees of Serco pension scheme have appointed Blackrock to manage its liability driven investing (LDI) portfolio.Appointment follows a competitive tender process, coordinated by scheme's investment consultant​​.LDI strategy has now been aggregated into one portfolio managed solely by Blackrock.

Markets

  • Sectors
  • U.S.
  • Europe
  • Asia

Sector Summary