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Investment Management & Fund Operators

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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.

Triple Point Income to raise 200 mln in social housing REIT IPO

Thursday, 20 Jul 2017 02:07am EDT

July 20 (Reuters) - Triple Point Income Vct Plc :Triple Point Social Housing REIT to raise up to 200 million pounds for investment into specialist social housing assets.The issue, which is not underwritten, comprises a placing and an offer for subscription, in aggregate equalling up to 200 million shares at an issue price of 100 pence per share..The issue is conditional on raising at least 100 million pounds..

IDI and Chevrillon seek to acquire Alkan

Thursday, 20 Jul 2017 02:00am EDT

July 20 (Reuters) - IDI SCA :AND GROUPE CHEVRILLON ANNOUNCE COLLABORATION IN FRAMEWORK OF SIGNING OF A PROTOCOL FOR ACQUISITION OF FRENCH COMPANY ALKAN.AND GROUPE CHEVRILLON WILL EACH HOLD APPROXIMATELY 37% OF CAPITAL OF ALKAN.ACQUSITION TO BE FINALISED BEFORE THE END OF JULY 2017.

Gimv reports net cash position at June 30, at 303.3 million euros

Thursday, 20 Jul 2017 01:04am EDT

July 20 (Reuters) - GIMV NV ::NET CASH POSITION AT JUNE 30: EUR 303.3 MILLION AFTER DIVIDEND PAYMENTS ON 5 JULY 2017‍​.EQUITY VALUE (GROUP'S SHARE) ON 30 JUNE 2017: EUR 1,188.0 MILLION (OR EUR 46.72 PER SHARE), AFTER DEDUCTION OF THE DIVIDEND PAID ON 5 JULY 2017‍​.

Reliance Capital says Reliance General Insurance qtrly ‍profit after tax up 22 pct​

Thursday, 20 Jul 2017 01:00am EDT

July 20 (Reuters) - Reliance Capital Ltd ::Says Reliance General Insurance qtrly ‍profit after tax at INR 440 million, up 22 percent​.Says RGI board approved plan to independently list on stock exchanges.Says RGI listing to be completed in FY18.Reliance General Insurance qtrly gross written premium was 12.78 billion rupees.

Pyne Gould Corporation considers impact of Wilaci fee decision

Wednesday, 19 Jul 2017 11:50pm EDT

July 20 (Reuters) - Pyne Gould Corporation Ltd :PGC board considers impact of Wilaci fee decision.While it determines any payment will be required, it will recognise a potential contingent liability in FY 2016-17 because of Wilaci appeal judgement.In separate proceedings, receivers seek a declaration that various assets of TLF and its subsidiaries are subject to Wilaci's security.Refers to NZ supreme court refusing to leave to torchlight fund no 1 LP to appeal prior ruling that it pay a$31.5 million to Wilaci pty in late payment fees.

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