- Reuters•1 hour ago
Westinghouse Electric Co's financial distress sparked a feeding frenzy among Wall Street lenders keen to give the nuclear developer a lifeline while it reorganizes in bankruptcy, according to court papers and people familiar with the matter. Westinghouse, the nuclear arm of Japanese conglomerate Toshiba, filed for Chapter 11 bankruptcy protection on Wednesday after facing billions of dollars in cost overruns at power plants under construction in Georgia and South Carolina. It has a proposal in hand for $800 million in bankruptcy financing from the credit arm of Apollo Global Management , which must be approved by a bankruptcy judge.
- Investopedia•10 hours ago
Westinghouse Electric Co's financial distress sparked a feeding frenzy among Wall Street lenders keen to give the nuclear developer a lifeline while it reorganizes in bankruptcy, according to court papers ...
- Reuters•15 hours ago
* Westinghouse secures $800 mln in debtor-in-possession financing * Toshiba says Westinghouse liabilities were $9.8 bln as of Dec * Westinghouse nuclear projects dogged by delays, cost overruns * Toshiba to close first-round bidding for chip business on Wed (Adds details from SCANA investor call, comments from regulators, updates share prices) By Tom Hals, Makiko Yamazaki and Tim Kelly WILMINGTON, DEL./TOKYO, March 29 (Reuters) - Westinghouse Electric Co, a unit of Japanese conglomerate Toshiba Corp , filed for bankruptcy on Wednesday, hit by billions of dollars of cost overruns at four nuclear reactors under construction in the U.S. Southeast. The bankruptcy casts doubt on the future of the first new U.S. nuclear power plants in three decades, which were scheduled to begin producing power as soon as this week, but are now years behind schedule.
APO : Summary for Apollo Global Management, LLC C - Yahoo Finance
Apollo Global Management, LLC (APO)
NYSE - NYSE Delayed Price. Currency in USD
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|Bid||22.57 x 100|
|Ask||24.00 x 200|
|Day's Range||23.18 - 23.61|
|52 Week Range||14.25 - 24.00|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||11.14|
|Dividend & Yield||1.80 (7.66%)|
|1y Target Est||N/A|