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Stock Market & Financial Investment News

News Breaks
November 27, 2012
11:30 EDTSIG, ZLC, NILE, APOJewelers higher following report of PE interest in U.K. chains
Shares of several publicly listed jewelers are moving higher after The Telegraph reported late Sunday that private equity firm Apollo Global Management (APO) is in talks to buy Aurum, which own two U.K. jewelry chains, for about GBP180M. That valuation roughly equates to six times the forecast for the company's earnings before interest, tax, depreciation and amortization, or EBITDA, according to the report, which added that a deal may be completed as soon as this week. Shares of some U.S.-listed jewelers are moving higher today in mid-morning trading, including Signet Jewelers (SIG), up 3.87% to $54.18, Zale (ZLC), up 3.31% to $4.94 and Blue Nile (NILE) up 4.76% to $39.28.
News For SIG;ZLC;NILE;APO From The Last 14 Days
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September 12, 2014
09:12 EDTAPOApollo Global management to meet with JPMorgan
Meeting to be held in Los Angeles on September 16 and in San Francisco on September 17 hosted by JPMorgan.
September 11, 2014
07:19 EDTSIGSignet Jewelers price target raised to $140 from $125 at BofA/Merrill
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