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Stock Market & Financial Investment News

News Breaks
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,
News For APO From The Last 14 Days
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September 4, 2015
13:30 EDTAPOMcGraw-Hill Education files for initial public offering
McGraw-Hill Education has filed with the SEC for an initial public offering of its common stock. McGraw-Hill Education intends to apply to list its common stock under the symbol "MHED" but its filing does not yet make clear on which stock exchange it intends to list its stock. Private equity firm Apollo Global (APO) bought the McGraw-Hill Education business from McGraw-Hill Companies, which then became McGraw Hill Financial (MHFI), in 2013.
September 2, 2015
08:32 EDTAPOApollo pressing on with plans for McGraw Hill Education IPO, Reuters says
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August 26, 2015
07:39 EDTAPOPiper Jaffray lowers estimates for asset managers below consensus
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