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Stock Market & Financial Investment News

News Breaks
March 20, 2014
08:30 EDTAPOApollo Global says Marc Spilker to step down as president
Apollo Global Management announced that Marc Spilker will be stepping down as President of Apollo and as a member of the firmís Executive Committee. Apolloís Executive Committee will continue to manage the firm and will rely upon the firmís Management Committee of senior executives from the firmís investment and infrastructure functions to assist in implementing the firmís growth initiatives and manage day to day operations. Members of Apolloís Executive Committee are Leon Black, Chairman and Chief Executive Officer; Josh Harris, Senior Managing Director and Marc Rowan, Senior Managing Director. Mr. Spilker will stay on as a senior advisor to the firm for the remainder of 2014.
News For APO From The Last 14 Days
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October 30, 2014
06:40 EDTAPOApollo Global reports Q3 EPS (5c), may not compare to consensus 38c
Reports Q3 revenue $221.14M, consensus $394.57M. Reports Q3 total Assets Under Managemnt $163.9B, up 45% vs. a year ago. Reports Q3 ENI after taxes 12c per share.
October 29, 2014
12:59 EDTAPOPrivate equity firms preparing initial bids for PetSmart auction, WSJ says
Private equity firms including Apollo Global Management (APO), Hellman & Friedman and KKR (KKR) are said to be preparing initial bids for pet-supply retailer PetSmart (PETM), says the Wall Street Journal. PetSmart which is based in Phoenix and has around 1,350 stores has a market capitalization of around $7B, added the Wall Street Journal. Shares of PetSmart are up almost 3% or $1.98, to $72.06 in midday trading. Reference Link
October 24, 2014
08:06 EDTAPOExpress Energy Services agrees to be acquired by Apollo Funds
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