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Stock Market & Financial Investment News

News Breaks
January 15, 2013
07:27 EDTAINVApollo Investment downgraded to Neutral from Overweight at JPMorgan
JPMorgan downgraded Apollo Investment citing valuation and the current low rate environment. The firm keeps an $8.50 price target for shares.
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May 19, 2015
07:33 EDTAINVApollo Investment reports Q4 NII 22c, consensus 22c
Net asset value per share at the end of the quarter was $8.18, compared to $8.43 at December 31, 2014, a decline of 3%. CEO James Zelter said, “During our fiscal year, we continued to make progress on many of our objectives including repositioning the portfolio into more secured debt, while slightly improving the overall portfolio yield. Although we experienced net unrealized depreciation during the quarter, we believe the credit quality of our portfolio remains strong. In addition, we believe that we can continue to rotate out of lower yielding assets and into attractive higher yielding assets, as there continues to be a shortage of available homes for illiquid investments.”
May 18, 2015
16:13 EDTAINVLittlejohn to acquire PlayPower from Apollo Investment
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15:00 EDTAINVNotable companies reporting before tomorrow's open
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