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Stock Market & Financial Investment News

News Breaks
November 15, 2012
06:48 EDTAPO, AV, HRGApollo Global in lead to buy Aviva's U.S life insurance unit, Bloomberg reports
Apollo Global Management LLC (APO) is in the lead to buy Aviva's (AV) U.S. life insurance and annuities unit, and would beat out Philip Falcone’s Harbinger Group (HRG), sources say, reports Bloomberg. Apollo is pursuing a joint bid with Guggenheim Partners LLC, a source said. Reference Link
News For APO;AV;HRG From The Last 14 Days
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July 14, 2014
14:43 EDTHRGDISH's Ergen, LightSquared resolve legal dispute, Reuters says
LightSquared, a bankrupt wireless venture owned by Phil Falcone’s Harbinger Capital Partners, and Dish Network Chairman Charles Ergen have resolved a legal dispute in which LightSquared had accused Ergen of trying to surreptitiously gain control of the company, says Reuters. Reference Link
July 12, 2014
13:05 EDTHRGHarbinger Group sues U.S. over breached LightSquared agreements, WSJ says
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July 11, 2014
08:19 EDTAPOApollo Global valuation attractive after pullback, says BMO Capital
After meeting with Apollo Global's CFO, BMO Capital is upbeat about the company's outlook. The firm expects the company's credit business to be a growth driver for years to come, although its private equity business is expected to show very slow growth, according to BMO Capital. The firm raised its price target on the shares to $36 from $35 and keeps an Outperform rating,
July 10, 2014
11:21 EDTAPOInternational Game Technology rises as GTECH reportedly prepares bid
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06:20 EDTAVAviva getting into shape, payments to investors will take time, WSJ reports
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