29.45 0.00 (0.00%)
After hours: 4:00PM EST
|Bid||0.00 x 800|
|Ask||0.00 x 900|
|Day's Range||29.37 - 30.75|
|52 Week Range||28.00 - 37.35|
|Beta (3Y Monthly)||1.87|
|PE Ratio (TTM)||18.33|
|Earnings Date||Jan 30, 2019 - Feb 4, 2019|
|Forward Dividend & Yield||1.93 (6.31%)|
|1y Target Est||39.25|
Friday’s bond markets bring new leveraged-buyout paper, a mea culpa, and issuance forecasts. Treasuries rallied as the stock market fell, with yields on the benchmark 10-year note down five basis points to 3.19%.
LONDON/FRANKFURT, Nov 9 (Reuters) - NordLB is trying to shed almost all of its non-performing shipping loans this year, much earlier than publicly indicated, as the German bank steps up efforts to clean up its balance sheet, sources close to the matter said. NordLB had already decided to sell most of its non-performing loan (NPL) shipping portfolio ahead of the stress test of the EU's biggest banks as part of a wider overhaul of its loans to financing companies, real estate, infrastructure and transport, the sources said. Although there are talks with potential buyers for the shipping loans, any deal is conditional on separate negotiations NordLB is holding over the sale of a stake in the bank as it needs fresh capital from this to shore up its balance sheet and cover writedowns on the value of any NPLs it sells.
Johnson Controls International PLC has hit a last-minute snag in its quest to sell its automotive-battery business, according to people familiar with the matter. The company was nearing a deal to sell the unit to Brookfield Asset Management Inc. for close to $14 billion, the people said. Some analysts expected a deal with the private-equity firm to be announced ahead of Johnson Controls’ fiscal fourth-quarter earnings report Thursday morning.
According to a report from the Wall Street Journal, Johnson Controls has invited New York-based equity firm Apollo Global Management LLC back into the buying process for the Power Solutions business, which is based in Glendale. Last week, Bloomberg reported that Johnson Controls was nearing a sale of Power Solutions to Toronto-based equity firm Brookfield Asset Management Inc.
Record Quarterly RevenueStrong Growth in Backlog and Recurring Revenue NEW YORK, Nov. 07, 2018 -- Presidio, Inc. (NASDAQ:PSDO) (together with its subsidiaries, “Presidio” or.
RPC Group PLC said Monday that the U.K. Takeover Panel has extended the deadline for each of Apollo Global Management LLC and to make an offer for the company or walk away until Dec. 3. Bain Capital The supplier of plastic packaging announced on Sept.
NEW YORK, Nov. 06, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Presidio Recognized for Breakthrough IoT Solutions NEW YORK, Nov. 05, 2018 -- Presidio, Inc. (NASDAQ:PSDO) (together with its subsidiaries, “Presidio” or the “Company”), a.
The PE firms, which are considering rival takeover offers, now have until Dec. 3 to make firm offers or walk away, as the company extended the deadline for a second time on Monday. RPC's shares have risen 14 percent since the company said in September it was in talks with Apollo and Bain. RPC, which has spent over $1.5 billion (1.2 billion pounds) on acquisitions in the past two years to June, had earlier identified businesses for sale after months of pressure from investors to raise cash and cut spending.
Good day! Halloween may be over but some of us are still riding the sugar high from all of the leftover candy we ate. I’ve got plenty of energy now for earnings season, which is in full swing. On their latest earnings calls, executives from listed firms Apollo Global Management LLC and Carlyle Group LP said they see signs of clouds gathering over what has been a buoyant exit market, WSJ Pro’s Chris Cumming reports.
Carlyle Group LP and Apollo Global Management LLC both reported lower third-quarter earnings Wednesday as growth in the value of their private-equity portfolios slowed. Carlyle?s net income attributable to common shareholders was $11.6 million, down from $44.6 million in the comparable quarter a year earlier. Carlyle said the value of its private-equity portfolio climbed 1% in the quarter ended Sept. 30, compared with 4% a year earlier.
Private-equity firm Apollo Global Management LLC reported economic net income that fell in the latest quarter from the comparable year-earlier quarter as performance fees declined.
FT subscribers can click here to receive FirstFT every day by email. Facebook has had an annus horribilis, but its third-quarter results did not herald any more bad news. The social network beat earnings ...
NEW YORK, Oct. 31, 2018 -- Presidio, Inc. (NASDAQ:PSDO) (together with its subsidiaries, “Presidio” or the “Company”), a leading North American IT solutions provider delivering.
Apollo Global Management, LLC (APO) (together with its consolidated subsidiaries, “Apollo”) today reported results for the third quarter ended September 30, 2018. Apollo issued a full detailed presentation of its third quarter ended September 30, 2018 results, which can be viewed through the Shareholders section of Apollo’s website at http://www.apollo.com/shareholders. Apollo has declared a cash distribution of $0.46 per Class A share for the third quarter ended September 30, 2018.
, a controversial and highly acquisitive life insurance company which has shaken up the way the annuity business operates in the US. The result of this exercise in financial engineering has been Athene, whose hundreds of thousands of policyholders often had no say in the transfer of their retirement savings to the new and untested vehicle. , risks creating conflicts of interest that some say could sting Athene’s investors and policyholders in the next market downturn, as the relatively easy returns of the last decade start to recede.
Arconic shares rose as much as 10 percent in after-hours trading on Tuesday following news that Apollo Global Management is in advanced talks to acquire the company. Arconic ARNC shares rose as much as 10 percent in after-hours trading on Tuesday following a report that Apollo Global Management is in advanced talks to acquire the company. Reuters had reported last week that Arconic was weighing the $11 billion acquisition offer, but now says that a deal could be reached as early as next week.
(Reuters) - Private equity firm Apollo Global Management LLC (APO.N) is in advanced negotiations to acquire aluminium products maker Arconic Inc (ARNC.N) for more than $11 billion, people familiar with ...
Apollo Global Management (NYSE: APO ) will be releasing its next round of earnings this Wednesday, Oct. 31. For all of the relevant information, here is your guide for Wednesday's Q3 earnings announcement. ...
Moody's Investors Service ("Moody's") today confirmed the ratings of RegionalCare Hospital Partners Holdings, Inc., including the B2 Corporate Family Rating and B2-PD Probability of Default Rating. Moody's also assigned a B1 rating to the company's proposed $3.4 billion senior secured term loan B and a Caa1 rating to the proposed offering of $1.575 billion unsecured notes. The proceeds of the new term loan B and unsecured notes will be used to fund the merger of RegionalCare with LifePoint Health, Inc. (Ba2 ratings under review).
The identity of one beneficial owner was recently revealed. Conventional wisdom says insiders and 10 percent owners really only buy shares of a company for one reason -- they believe the stock price will rise and they want to profit from it. International Flavors & Fragrances Inc (NYSE: IFF) had beneficial owner Winder Investment add to its stake again.