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Stock Market & Financial Investment News

News Breaks
June 11, 2014
10:17 EDTAPOApollo Global says credit business growing 'very very quickly'
Expects credit business to be multiple the size that it is today. Says M&A activity speeding up. Says "things look pretty good" for the company. Says price of risk is at an "all time low," but says it is still "not a good time to invest." Says company is well positioned. Comments made at the Morgan Stanley Financials conference.
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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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