NYSE USD

Apollo Global Management, Inc. (APO)

113.77

+3.17

(+2.87%)

At close: April 23 at 4:00 PM EDT

114.99

+1.22

(+1.07%)

Pre-Market: 6:36 AM EDT

Move Aside, Big Banks: Giant Funds Now Rule Wall Street

Asset managers are growing into huge and complex financial supermarkets that mint billionaires by the dozen.

The Wall Street Journal 2 days ago

APO
+2.87%
APO-PA

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Paramount Stock Jumps on Report That Sony Is a Potential Buyer

Sony’s movie division and investment firm Apollo Global have been in talks to make a bid for the media company, a report said.

Barrons.com 4 days ago

COMB.BR

APO-PA
What a Sony, Apollo buyout of Paramount looks like: Analyst

Sony Pictures Entertainment (SONY) has entered talks with Apollo Global Management (APO), the parent company of Yahoo Finance, to discuss a possible joint buyout bid of Paramount Global (PARA,PARAA). According to the New York Times, both companies, through a joint venture, would offer cash for shares of Paramount, taking the company private. Citi Managing Director Jason Bazinet joins The Morning Brief to discuss the potential joint buyout bid from Sony and Apollo and what it could mean for all companies involved and investors moving forward. In terms of what consumers can expect, should a deal go through, Bazinet says: "I think you'll see fewer apps...If this bid between Apollo and Sony is right, Sony is really sort of an arms dealer, right? So they're going to presumably take the studio and just feed everybody's app. Then I would think that someone on the private equity side would, sort of, not want to absorb the losses from a streaming app like Paramount+ and would just focus on the cash-generative assets and pay down debt to create equity value." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino

Yahoo Finance Video 4 days ago

APO
+2.87%
APO-PA

PARA
Paramount jumps on report of Sony Pictures, Apollo discussing joint buyout bid

Paramount is currently engaged in exclusive deal talks with Skydance Media, an independent studio led by David Ellison, though some investors have urged Paramount to explore other options. Private equity firm Apollo had earlier made a $26 billion bid for the company, and a separate $11 billion offer for Paramount's film studio. Its joint bid with Sony, which is still being structured, would offer cash for all outstanding Paramount Global shares and take the company private, a source told Reuters on Thursday.

Reuters 5 days ago

COMB.BR

APO-PA
Sony Is in Talks With Apollo on a Joint Paramount Bid

(Bloomberg) -- Apollo Global Management Inc. and Sony Group Corp. are considering a joint offer for Paramount Global, sparking a jump in shares of the film and TV giant as investors weigh the potential for a bidding war with technology mogul David Ellison.Most Read from BloombergTaylor Swift Is Proof That How We Critique Music Is BrokenTech Giants Roar as Tesla Spikes in Late Hours: Markets WrapTesla Stock in ‘No Man’s Land’ After 43% Rout Ahead of EarningsBiden’s New Chopper Is Demoted After Sc

Bloomberg 5 days ago

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APO-PA
Sony, Apollo discuss joint bid for Paramount, says source

Sony Pictures Entertainment and Apollo Global Management are discussing making a joint bid for Paramount Global, according to a person familiar with the matter. The companies have yet to approach Paramount, which is in exclusive deal talks with Skydance Media, an independent studio led by David Ellison, though some investors have urged Paramount to explore other options. The competing bid, which is still being structured, would offer cash for all outstanding Paramount shares and take the company private, the source said.

Reuters 5 days ago

COMB.BR

APO-PA
Sony in talks with Apollo on joint bid for Paramount: Source

Sony Pictures Entertainment and Apollo Global Management are discussing making a joint bid for Paramount Global, according to a person familiar with the matter. The companies have yet to approach Paramount, which is in exclusive deal talks with Skydance Media, an independent studio led by David Ellison, though some investors have urged Paramount to explore other options. The competing bid, which is still being structured, would offer cash for all outstanding Paramount shares and take the company private, the source said.

Reuters 5 days ago

COMB.BR

APO-PA
Athene Announces Fixed Income Investor Conference Call

WEST DES MOINES, Iowa, April 18, 2024 (GLOBE NEWSWIRE) -- Athene Holding Ltd. (“Athene”), a leading retirement services company and subsidiary of Apollo Global Management, Inc. (NYSE:APO), announced it will host a Fixed Income Investor conference call on Thursday, May 9, 2024 at 10:00AM ET. The call will feature members of Athene’s senior management team, who will provide an update on current business trends, new business origination, the investment portfolio, and capital. An accompanying presen

GlobeNewswire 5 days ago

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TeleVox Simplifies Care Delivery and Improves Patient Outcomes with Enhanced Digital Care Programs

Digital Care Programs Reduce Readmissions and CostsOMAHA, Neb., April 17, 2024 (GLOBE NEWSWIRE) -- TeleVox, the industry-leading provider of omnichannel patient relationship management platforms, announces an enhanced Digital Care Programs solution that will help solve the challenges of fragmented communication and inconsistent patient education and guidance for chronic care management. Digital Care Programs are uniquely designed to address critical industry problem areas including patient educa

GlobeNewswire 6 days ago

APO
+2.87%
APO-PA
UPDATE 1-Sparta Capital urges Wood Group to seek sale, rethink UK listing

Activist shareholder Sparta Capital Management is pushing British engineering services firm Wood Group to consider either selling itself or to reconsider its UK listing, according to a letter from the fund manager on Tuesday. A representative for the hedge fund declined to comment on the letter and also declined to confirm how much stock Sparta Capital held in Wood Group. Wood Group also declined to comment.

Reuters 7 days ago

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Sparta Capital urges Wood Group to seek sale, rethink UK listing

Activist shareholder Sparta Capital Management is pushing British engineering services firm Wood Group to consider either selling itself or to reconsider its UK listing, according to a letter from the fund manager on Tuesday. A representative for the hedge fund declined to comment on the letter and also declined to confirm how much stock Sparta Capital held in Wood Group. Wood Group also declined to comment.

Reuters 8 days ago

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Apollo’s Zelter Talks Up Private Credit to Australian Mega-Funds

(Bloomberg) -- Apollo Global Management Inc. Co-President James Zelter said financial markets are undergoing a “massive transition,” where companies are increasing looking at private credit options rather than financing from banks. Most Read from BloombergBeyond the Ivies: Surprise Winners in the List of Colleges With the Highest ROIChina Tells Iran Cooperation Will Last After Attack on IsraelIran’s Attack on Israel Sparks Race to Avert a Full-Blown WarS&P 500 Futures Steady After Selloff Rattle

Bloomberg 8 days ago

APO-PA
Apollo’s Asia Expansion Has Lured in $35 Billion From Region

(Bloomberg) -- Apollo Global Management Inc.’s revamp of its Asia business is starting to pay off: It’s raised $35 billion from the region since the start of 2022 to bolster expansion. Most Read from BloombergIsrael Versus Iran — What All-Out War Could Look LikeApple Faces Worst iPhone Slump Since Covid as Rivals RiseIran’s Attack on Israel Sparks Race to Avert a Full-Blown WarSingapore PM Lee to Hand Reins to Wong After Two DecadesGoldman Traders Deliver Surprise Profit SurgeUnder head of Asia-

Bloomberg 9 days ago

APO-PA
Nvidia Is One of Six Sector Leaders; Here Are Two Others That Make The List

Nvidia stock has rebounded from the 50-day moving average and is a sector leader. Others leaders include Apollo Global Management and HubSpot.

Investor's Business Daily 11 days ago

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A New Season of Succession Just Debuted… in Real Life

Hello, Reader. Picture this: A family-owned global media conglomerate worth billions of dollars… and a bitter fight to preserve the family’s legacy or to sell and walk away with billions in their pockets. It may sound like a new season of HBO’s Succession, but I’m talking about Paramount Global (PARA) and the real-life drama surrounding it.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Paramount is structured differently from most publicly held companies. Its dual-class structure

InvestorPlace 12 days ago

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APO-PA
Disney, Paramount: Entertainment giants under pressure

As the battle ends for one media behemoth, one begins for another. Last week, media legend and Disney (DIS) guru Bob Iger successfully defeated a months-long corp by activist investor Nelson Peltz. Meanwhile at Paramount (PARA), media is fielding multiple bids and has entered into exclusive merger talks with Skydance. With Disney’s proxy battle now finally behind it and Paramount’s sale well on the horizon – one thing is clear. Changes are coming. Watch Yahoo Finance every morning from 9 a.m.-12 p.m. ET and afternoon from 3-5 p.m. ET to keep up with the latest news about your favorite streamers. Disclosure: Yahoo Finance is owned by Apollo Global Management.

Yahoo Finance Video 12 days ago

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DIS
Financials Stocks are Seeing More Big Money

Market participation is persisting as strong growth and rising interest rates cause a rotation out of technology stocks and into more cyclical sectors.

FX Empire 13 days ago

APO-PA
Banks Strike Back Against Private Credit

When it comes to financing deals, don’t count out the big Wall Street banks quite yet. A big narrative in recent years has been that America’s biggest deposit-taking investment banks are losing ground to their nonbank rivals, the likes of Blackstone and Apollo Global One worry for banks was that private credit—meaning, in this context, lending directly to businesses by alternative-asset fund managers, insurers and others—was going to eat into investment banks’ business originating loans and distributing them to investors. In the first quarter, almost $12 billion of debt previously from direct lenders was refinanced via the so-called broadly syndicated loan market, according to PitchBook LCD, a channel dominated by banks.

The Wall Street Journal 14 days ago

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AB vs. APO: Which Stock Should Value Investors Buy Now?

AB vs. APO: Which Stock Is the Better Value Option?

Zacks 14 days ago

APO-PA

AB
-0.45%
Paramount Faces a Mountain of Distrust

The ownership structure shades deal talks, leaving regular shareholders with few options aside from voting with their feet.

The Wall Street Journal 15 days ago

WBD

APO
+2.87%
APO-PA

Performance Overview

Return	APO	S&P 500
YTD	+22.55%	+6.30%
1-Year	+82.83%	+22.67%
3-Year	+133.06%	+22.63%

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Apollo Global Management, Inc. (APO)

Move Aside, Big Banks: Giant Funds Now Rule Wall Street

Paramount Stock Jumps on Report That Sony Is a Potential Buyer

What a Sony, Apollo buyout of Paramount looks like: Analyst

Paramount jumps on report of Sony Pictures, Apollo discussing joint buyout bid

Sony Is in Talks With Apollo on a Joint Paramount Bid

Sony, Apollo discuss joint bid for Paramount, says source

Sony in talks with Apollo on joint bid for Paramount: Source

Athene Announces Fixed Income Investor Conference Call

TeleVox Simplifies Care Delivery and Improves Patient Outcomes with Enhanced Digital Care Programs

UPDATE 1-Sparta Capital urges Wood Group to seek sale, rethink UK listing

Sparta Capital urges Wood Group to seek sale, rethink UK listing

Apollo’s Zelter Talks Up Private Credit to Australian Mega-Funds

Apollo’s Asia Expansion Has Lured in $35 Billion From Region

Nvidia Is One of Six Sector Leaders; Here Are Two Others That Make The List

A New Season of Succession Just Debuted… in Real Life

Disney, Paramount: Entertainment giants under pressure

Financials Stocks are Seeing More Big Money

Banks Strike Back Against Private Credit

AB vs. APO: Which Stock Should Value Investors Buy Now?

Paramount Faces a Mountain of Distrust

Performance Overview