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Stock Market & Financial Investment News

News Breaks
July 6, 2013
16:53 EDTAPO, ICONIconix Brand joins 'Elvis' bidding, NY Post says
Iconix Brand Group (ICON) is through to the second round of bidding fo rights to the Elvis Presley name and likeness, says the NY Post. The sale of "Elvis" rights by Apollo Global Management (APO) also includes the rights to the Muhammad Ali brand and likeness, added the NY Post. Reference Link
News For ICON;APO From The Last 14 Days
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April 21, 2015
09:02 EDTAPOBlackstone, Wells Fargo in talks on more GE financial assets, Bloomberg says
General Electric (GE), which has announced plans to divest the majority of its GE Capital businesses, is in talks about the potential sale of its $74B U.S. commercial-lending unit, reported Bloomberg, echoing a similar report from The Wall Street Journal. Potential buyers include Blackstone (BX), Mitsubishi UFJ (MTU) Wells Fargo (WFC) and Apollo Global (APO), according to people with knowledge of the matter. Reference Link
07:18 EDTICONIconix Brand price target lowered to $34 from $42 at Brean Capital
Brean Capital lowered its price target on Iconix Brand to $34 from $42 following the departure of its COO, which was the second major executive departure in less than a month. The uncertainty causes Brean Capital to lower its price target, but the firm maintains its Buy rating, as they believe the company's licensing is one of the more attractive business models in the consumer discretionary space.
April 20, 2015
10:03 EDTICONHigh option volume stocks
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09:52 EDTICONIconix Brand drops sharply on COO departure, levels to watch
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09:04 EDTICONIconix Brand COO departure increases uncertainty, says Roth Capital
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April 17, 2015
17:16 EDTICONIconix Brand announces resignation of COO Seth Horowitz
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April 14, 2015
13:02 EDTAPOFly Watch: Analyst expects strong Q1 results from private equity firms
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