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Stock Market & Financial Investment News

News Breaks
July 7, 2014
07:37 EDTAPOApollo Global formalizes changes to deal makers' pay plans, WSJ says
Apollo Global Management confirmed in a regulatory filing late Thursday that it has formalized changes to its top deal makers' pay plans to use stock as payment for a portion of their share of profits from the firm's latest buyout fund, reported The Wall Street Journal. The policy is a change from the all-cash payouts Apollo partners had received from fund profits previously, the Journal noted, citing people familiar with the matter. Reference Link
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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