|Bid||28.06 x 200|
|Ask||29.15 x 1000|
|Day's Range||27.88 - 29.20|
|52 Week Range||16.75 - 29.20|
|PE Ratio (TTM)||9.22|
|Dividend & Yield||1.96 (6.97%)|
|1y Target Est||N/A|
Boosted by 1,631% earnings growth, Apollo Global Management is testing a new buy zone ahead of its Aug. 2 Q2 report.
Apollo Global Management LLC (APO.N) has raised the largest ever private equity fund, a regulatory filing showed, amassing $24.6 billion to be invested in North America and Western Europe, as global fundraising looked set to exceed 2007's record. Since the financial crisis almost a decade ago, low interest rates and cheap debt have boosted capital piling into private equity funds by investors looking for higher returns. According to industry data provider Preqin, this fund brings total buyout fundraising in the first seven months of 2017 to $184 billion meaning the year will likely surpass the last record for buyout fundraising, in 2007, when funds closed through the year raised $249 billion.
A former New York securities analyst who was imprisoned for refusing to come to court to face trial on insider trading charges was sentenced on Wednesday to three years and nine months after being convicted. John Afriyie, who worked at Dell Inc founder Michael Dell's investment firm MSD Capital, was sentenced by U.S. District Judge Paul Engelmayer in a courtroom full of his relatives and friends. Afriyie was convicted by a jury in January of securities fraud and wire fraud by for misusing secret information about a deal that MSD Capital was considering financing.