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Stock Market & Financial Investment News

News Breaks
December 6, 2013
07:34 EDTLYG, APOApollo buys $419.4M of Irish home loans from Lloyds, Independent reports
Apollo Global Management (APO) purchased a portfolio of Irish home loans from Lloyds Bank (LYG) for $419.4M, less than half their nominal value, reports the Independent. The loans were bought by Tanager Limited, an entity affiliated with Apollo.Reference Link
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April 16, 2014
07:25 EDTLYGHitachi gathers $4.5B to finance Scotland-London express trains, Bloomberg says
Hitachi (HTHIY) has gathered $4.5B from an array of international institutions to fund its contract to construct 65 high-speed express trains to use on Britainís East Coast rail line between Scotland and London, according to Bloomberg, citing a company spokeswoman. Some of the lenders include the Bank of Tokyo-Mitsubishi, Japan Bank for International Cooperation, HSBC (HSBC), Lloyds Banking (LYG) and the European Investment Bank. Reference Link
April 15, 2014
16:20 EDTAPOCaelus Energy Alaska, Apollo Global announce partnership
Caelus Energy Alaska and affiliates of Apollo Global Management (APO) have formed a strategic partnership to invest in oil and gas properties in Alaska. Caelus has closed its first transaction, the acquisition of Pioneer Natural Resources' (PXD) Alaskan oil and gas business, for $300M in cash, subject to adjustments, plus other consideration. Caelus, headquartered in Dallas has an executive management team led by CEO James C. Musselman and a technical team led by Chief Technical Officer Kenny Goh. Among other things, Mr. Musselman previously led Kosmos Energy, which discovered the 1 billion-plus barrel Jubilee field off the West African coast, and Triton Energy, which was acquired by Amerada Hess for $3.2B. Apollo funds have the opportunity to invest up to $1B in Caelus to develop the company's existing assets and to pursue acquisitions or other additional investments.
April 10, 2014
07:49 EDTAPOApollo, EQT, Blackstone mull offers for Gas Natural unit, Bloomberg says
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April 3, 2014
10:00 EDTAPOOn The Fly: Analyst Initiation Summary
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06:16 EDTAPOApollo Globalinitiated with an Outperform at Bernstein
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