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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.
News For APO From The Last 14 Days
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August 26, 2015
07:39 EDTAPOPiper Jaffray lowers estimates for asset managers below consensus
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August 18, 2015
19:47 EDTAPOCaesars creditors give ultimatum to Apollo Global, Bloomberg says
Earlier this month, creditors opposed to Caesars Entertainment's (CZR) bankruptcy plan demanded that Apollo Global (APO) -- one of the company's owners -- relinquish control of the bankrupt unit's parent company, reports Bloomberg, citing two people with knowledge of the matter. In exchange, the creditors offered to withdraw several lawsuits related to the bankruptcy, said the sources. Apollo rejected the ultimatum, though sources noted that talks are continuing. Reference Link

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