APO - Apollo Global Management, LLC

NYSE - NYSE Delayed Price. Currency in USD
31.74
+0.59 (+1.89%)
At close: 4:00PM EDT
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Previous Close31.15
Open31.42
Bid30.20 x 1300
Ask0.00 x 2200
Day's Range31.21 - 31.87
52 Week Range28.00 - 37.35
Volume831,366
Avg. Volume730,200
Market Cap12.827B
Beta (3Y Monthly)1.50
PE Ratio (TTM)17.70
EPS (TTM)1.79
Earnings DateOct 31, 2018
Forward Dividend & Yield1.86 (5.99%)
Ex-Dividend Date2018-08-16
1y Target Est40.09
Trade prices are not sourced from all markets
  • Apollo’s Cash Cow Sparks a Blood Feud on Wall Street
    Bloomberg5 days ago

    Apollo’s Cash Cow Sparks a Blood Feud on Wall Street

    (Bloomberg) -- Nearly a decade ago, Imran Siddiqui helped engineer a shrewd maneuver for buyout mogul Leon Black’s Apollo Global Management LLC, one that’s yielded many millions for the firm.

  • Bloomberg6 days ago

    Apollo Funds Commit $700 Million in Equity Capital to Catalina

    RenaissanceRe Holdings Ltd. is now a minority shareholder, along with Catalina’s management. The transaction gives Catalina Chief Executive Officer Chris Fagan and his team more money to pursue deals. The company has snapped up German legacy medical malpractice liabilities from Zurich Insurance Group AG and pursued a deal with Arch Reinsurance Ltd.

  • The Wall Street Journal7 days ago

    [$$] CDPQ's Big Sustainability Bet; Apollo, Others Seek Titanic Artifacts

    Good day! Like Céline Dion, private equity’s heart will go on. A consortium of investment firms, including Apollo Global Management LLC, is taking ownership of thousands of Titanic artifacts. Also, Generation Investment Management LLP is teaming up with one of Canada’s biggest pension funds to invest at least $3 billion in long-life deals.

  • The Wall Street Journal8 days ago

    [$$] GE Offloads Portfolio of Energy Investments to Apollo Global

    General Electric Co. said Monday it is offloading a portfolio of energy investments to Apollo Global Management LLC, as the troubled conglomerate continues to sell off pieces of its business it now views as ancillary. A unit of GE Capital and private-equity firm Apollo didn’t disclose the financial terms of the deal, other than to say the approximately $1 billion portfolio includes equity investments in renewable energy, natural-gas fired power and midstream energy infrastructure assets, mostly in the U.S.

  • What Happened in the Stock Market Today
    Motley Fool8 days ago

    What Happened in the Stock Market Today

    General Electric got an upgrade, and New Age Beverages discussed its cannabis-infused drinks.

  • Reuters9 days ago

    GE to sell $1 billion of energy investments to Apollo Global

    (Reuters) - General Electric Co (GE.N) said on Monday it plans to sell a portfolio of $1 billion (765.5 million pounds) in energy investments to Apollo Global Management LLC (APO.N), as the U.S. conglomerate ...

  • Bloomberg9 days ago

    Apollo to Buy $1 Billion of Energy Investments From GE Capital

    The portfolio includes about 20 investments in renewable energy and other U.S. power assets held by the energy financial services unit of GE Capital, the companies said Monday in a joint statement. The Boston-based company, which tapped Larry Culp last week to replace Chief Executive Officer John Flannery, hopes reducing complexity will help it recover from a slump that has wiped out about $100 billion in investor wealth over the past year. For Apollo, the agreement reflects growing interest in energy investment by private-equity giants, including Blackstone Group and Carlyle Group.

  • Reuters9 days ago

    Deals of the day-Mergers and acquisitions

    ** The European Commission approved without any conditions the acquisition of Swedish Com Hem telecoms services provider by rival Tele2. ** AlixPartners, the interim manager of Abraaj's $1 billion healthcare fund, has decided to redistribute the troubled private equity firm's stake in the fund to its other investors, sources familiar with the matter said.

  • MarketWatch9 days ago

    Apollo funds to acquire $1 billion of equity investments from GE Capital's energy financial services unit

    Funds managed by Apollo Global Management LLC have agreed to acquire a portfolio of equity investments worth about $1 billion from GE Capital's energy financial services unit. No terms were disclosed, but the portfolio comprises about 20 investments in renewable energy, contract natural gas fired generation and midstream energy infrastructure assets, mostly in the U.S., Apollo said in a statement. The deal is expected to close in the fourth quarter and may be followed by further deals between the parties. Ge shares rose 2.8% premarket on the news, but are down 24.5% in 2018, while the S&P 500 has gained 8%.

  • Business Wire9 days ago

    Funds Managed by Apollo Global Management to Acquire Approximately $1 Billion Portfolio of Equity Investments from GE Capital’s Energy Financial Services

    Funds managed by affiliates of Apollo Global Management, LLC and GE Capital today announced they have entered into a definitive agreement for the Apollo Funds to acquire an approximately $1 billion portfolio, including assumed obligations, of predominantly equity investments in energy assets from GE Capital’s Energy Financial Services unit.

  • PR Newswire9 days ago

    Cognizant Named a 2018 Partner of the Year by Pivotal

    TEANECK, N.J., Oct. 8, 2018 /PRNewswire/ -- Cognizant (CTSH) today announced it has been named "2018 Systems Integrator of the Year for Application Scale" by Pivotal Software, Inc. (PVTL), a leading cloud-native platform provider for building enterprise software. The award, presented at Pivotal's SpringOne Platform conference, recognizes Cognizant for its at-scale enterprise application transformation expertise, and investment in training digital engineers on Pivotal Cloud Foundry® for developing software used by clients in industries such as banking, insurance, healthcare and telecommunications. "I am delighted to announce that Cognizant has received the Systems Integrator Partner of the Year for Application Scale award," said Nick Cayou, Vice President of Global Ecosystem, Pivotal Software.

  • Reuters10 days ago

    Large private equity consortium forms for Arconic bid -sources

    Such alliances, referred to as "club deals" in the private equity industry, lost much of their allure following the 2008 financial crisis, as some high-profile leveraged buyouts either ended up in bankruptcy or underperformed financially. Some of them even had to fork out hundreds of millions of dollars to settle lawsuits accusing them of conspiring to drive down acquisition prices during the leveraged buyout boom leading up to the crisis.

  • Deals of the day-Mergers and acquisitions
    Reuters13 days ago

    Deals of the day-Mergers and acquisitions

    (Adds Casino, Thyssenkrupp, Virtu Financial, Cellnex, Intu Properties, Endemol, Metro, Gefco) Oct 4 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday: ...

  • Benzinga13 days ago

    Apollo Global-Owned West Corp. Acquires Detroit Startup Ambassador

    Ambassador specializes in referral marketing, in which a business rewards customers for helping to promote the products or services it offers. West products and services are used by most of the Fortune 500, and the company is owned by Apollo Global Management LLC (NYSE: APO), the world's largest private equity fund, Ambassador founder and CEO Jeff Epstein said in a Wednesday blog post. Thinking back, it makes sense," Epstein said.

  • GlobeNewswire14 days ago

    West Corporation Acquires Ambassador

    West Corporation (“West” or the “Company”), a global leader in technology-enabled services, announced today it has acquired ZFERRAL, d.b.a. Ambassador empowers organizations to increase customers, referrals, and revenue by leveraging the power of word-of-mouth. Its marketer-friendly software simplifies referral marketing, automating the process of enrolling, tracking, rewarding and managing customers, affiliates, influencers, and partners.

  • Apollo's Marc Rowan Gives Wharton $50 Million for Professorships
    Bloomberg15 days ago

    Apollo's Marc Rowan Gives Wharton $50 Million for Professorships

    The funds will be used to recruit three Rowan Distinguished Professors, appoint Rowan Fellows and support the Penn Wharton Budget Model, which analyzes government spending and revenue. The gift surpasses the $40 million given by Jon Huntsman Sr. and family in 1998. “Inspiring Wharton faculty who were committed to cutting-edge business education were catalysts for my success,” Rowan said in a statement Tuesday.

  • The Wall Street Journal15 days ago

    [$$] Apollo-owned Natural Gas Driller Jupiter Resources in Debt Talks

    LLC, Monday skipped a $6 million interest payment to bondholders amid talks about a debt restructuring. A 30-day grace period gives the company more time to avoid a debt default as it continues restructuring talks with a group of bondholders. The recent downturn in natural-gas prices has put strains on the company’s cash flows, which have been negative since 2017, according to Moody’s Investors Service.

  • The Wall Street Journal15 days ago

    [$$] Small Deals Make for Big Rewards; Apollo's Jupiter Misses Payment

    Good day and welcome to the Private Equity Pro newsletter. Charles Cherington of Ara Partners Group explains why he gets greater financial reward, and personal satisfaction, from smaller transactions.

  • GlobeNewswire16 days ago

    West Corporation Closes Acquisition of INXPO

    West Corporation (“West” or the “Company”), a global leader in technology-enabled services, announced today it has completed the previously announced acquisition of INXPO, Inc. (“INXPO”), a provider of feature-rich webcasting and online events for the enterprise. INXPO specializes in delivering interactive webcasts and online events to global audiences of any size to any device. “Combining INXPO with West has created the largest global streaming and webcast provider, delivering over 40,000 webcasts annually,” said John Shlonsky, Chief Executive Officer and President of West Corporation.

  • CNBC19 days ago

    LifePoint Health top 4 executives stand to get $120 million in 'golden parachute' payouts

    Four top executives at LifePoint stand to get $120 million in golden parachute payments after its deal with Apollo Global Management closes. More than half of that money would go to its CEO, Bill Carpenter III, who announced this week he will retire once it's complete. U.S. health-care companies have been criticized for paying their executives sky-high salaries and other benefits.

  • The Wall Street Journal19 days ago

    [$$] Apollo Hires New Head of Emerging-Markets Debt

    LLC has recruited bond-management veteran Brigitte Posch as global head of emerging-markets debt, a spokesperson for the U.S. firm confirmed. Ms. Posch has joined from investment firm Barings PLC, where she worked as global head of emerging markets corporates, according to a copy of her biography. Prior to that, she worked as a portfolio manager at Pacific Investment Management Co. Before Pimco, Ms. Posch worked as managing director and head of Latin America securitization and trading at Deutsche Bank AG.

  • Moody's21 days ago

    Pinnacle Operating Corporation -- Moody's downgrades Pinnacle CFR to Caa2, stable outlook

    Moody's Investors Service ("Moody's") downgraded the corporate family rating of Pinnacle Operating Corporation to Caa2 from Caa1 and the probability of default rating to Caa2-PD from Caa1-PD. The downgrade reflects weaker-than-expected performance due to ongoing challenging agricultural market environment which Moody's expects to continue into 2019, the company's heightened leverage and concerns over its capital structure.

  • GlobeNewswire21 days ago

    New Research: Key Drivers of Growth for Schweitzer-Mauduit International, Hexcel, Apollo Global Management, Aluminum Corporation of China, Telefonica SA, and JD — Factors of Influence, Major Initiatives and Sustained Production

    NEW YORK, Sept. 26, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...

  • GlobeNewswire22 days ago

    West Corporation Announces Inaugural Digital Media Solutions Client Summit

    West Corporation (“West” or the “Company”), a global leader in technology-enabled services, presents “Telling Y/Our Story,” its first client summit and two-day event to educate, inspire, and facilitate idea sharing among clients, partners and colleagues. Guests will have the opportunity to discuss trends in public relations, content marketing, and investor communications, while collaborating with peers and learning about the latest solutions from West’s Digital Media Solutions group. “Every day, we have the privilege of helping our clients connect with audiences to tell their company stories by sharing their news and broadcasting their corporate events,” said Ben Chodor, president, Digital Media Solutions.

  • Earning the Right to Get Swindled
    Bloomberg23 days ago

    Earning the Right to Get Swindled

    Individuals can only invest in public companies that trade on stock exchanges, publish financial statements every three months, and are generally subject to a fairly strict regime of regulation and vetting. If you are moderately affluent—if you have a net worth of more than $1 million not counting your house, or an annual income of more than $200,000 a year—then you qualify as an “accredited investor” and can invest in private placements that are not subject to the disclosure and auditing requirements of the public markets. Here is a Wall Street Journal article about how only 1.5 million households were accredited investors when the rules were put in place in 1982, but now 16 million are.