Apollo Global Management Llc C (APO) 22.95 $APO
Taminco Corporation Announces Definitive Agreement to be Acquired by Eastman Chemical Company
PR Newswire - Thu Sep 11, 9:30AM CDT
Taminco Corp. (NYSE:TAM) ("Taminco"
, the world's largest producer of alkylamines and alkylamine derivatives, today announced a definitive agreement to be acquired by Eastman Chemical Company (NYSE: EMN) ("Eastman" for $26.00 per share, for a total transaction value of approximately $2.8 billion in cash. The transaction was approved by the Board of Directors of Taminco (the "Taminco Board" and the Board of Directors of Eastman.
Apollo Commercial Real Estate Finance, Inc. Announces Quarterly Preferred Dividend of $0.5391 per Share
Marketwire - Mon Sep 08, 7:30AM CDT
Apollo Commercial Real Estate Finance, Inc. (the "Company" (NYSE: ARI) today announced the Board of Directors has declared a cash dividend on the Company's 8.625% Series A Cumulative Redeemable Perpetual Preferred Stock of $0.5391 per share for the quarterly period ending on October 15, 2014. The preferred dividend is payable on October 15, 2014 to preferred stockholders of record as of September 30, 2014.
Check Out 5 Stocks The Big Funds Are Buying Big Time
at Investor's Business Daily - Fri Sep 05, 7:02AM CDT
Mutual funds, insurance funds and other big players account for as much as 70% of all trades. Where they go, the market goes. Today's Screen Of The Day is Accelerating Mutual Fund Ownership, focusing on highly rated stocks that mutual funds have been...
Is Norwegian Cruise Line (NCLH) Stock a Buy After Recent Acquisition? - Stocks in the News
Zacks Research Staff - Zacks Investment Research - Tue Sep 02, 5:50PM CDT
Norwegian Cruise Line shares soared in Tuesday trading following news of an acquisition.
Russia investment fund hides US advisers' names
By STEPHEN BRAUN and JEFF HORWITZ - AP - Tue Sep 02, 4:08PM CDT
WASHINGTON (AP) — A $10 billion investment fund backed by the Russian government that has avoided being targeted by U.S. economic sanctions over the invasion of Ukraine redesigned its website Tuesday and made it more difficult to find names of prominent U.S. and European executives on its international advisory board.
Norwegian sails into luxury with Prestige purchase
AP - Tue Sep 02, 3:31PM CDT
NEW YORK (AP) — Norwegian Cruise Line is sailing into the luxury sector by buying the high-end Prestige Cruises International in a deal valued at about $3 billion, including debt.
Economic sanctions spare Western-tied Russian fund
By JEFF HORWITZ and STEPHEN BRAUN - AP - Fri Aug 29, 4:21PM CDT
WASHINGTON (AP) — Western business connections are complicating efforts to bring economic sanctions against executives and companies closely aligned with Russian President Vladimir Putin's inner circle. A prime example: the Russian Direct Investment Fund, a $10 billion sovereign wealth fund that's escaped sanctions in spite of international efforts to punish Russia for its incursions in Ukraine.
Apollo (APO) in Talks to Buy BES Insurance Unit for Euro 200M - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Aug 25, 1:30PM CDT
Apollo is in discussion with distressed Portuguese bank Banco Espirito Santo (BES) to buy the latter's insurance unit ??? Tranquilidade. Apollo is expected to shell out around Euro 200 million ($264.6 million) for this acquisition.
Updates on Asset Management and Custody Banks Stocks -- Bank of NYSE Mellon, Ameriprise Financial, Apollo Investment, Apollo Global Management, and SEI Investments
PR Newswire - Mon Aug 25, 7:50AM CDT
On Friday, August 22, 2014, the NASDAQ Composite ended at 4,538.55, up 0.14%, the Dow Jones Industrial Average declined 0.22%, to finish the day at 17,001.22, and the S&P 500 closed at 1,988.40, down 0.20%. The losses were broad based as seven out of ten sectors ended the session in negative. The S&P 500 Financials Sector Index ended the day at 310.83, down 0.35%, while the index has advanced 4.91% in the previous three months. Investor-Edge has initiated coverage on the following equities: The Bank of New York Mellon Corporation (NYSE: BK), Ameriprise Financial Inc. (NYSE: AMP), Apollo Investment Corporation (NASDAQ: AINV), Apollo Global Management LLC (NYSE: APO), and SEI Investments Company (NASDAQ: SEIC). Free research on these five companies can be accessed at:
Melvin: Dirty Fuel Has a Bright Future
at The Street - Thu Aug 21, 8:53AM CDT
The coal industry still has a big role in the global energy picture.
Sprouts Farmers Market Announces Closing of Public Offering by Selling Stockholders
GlobeNewswire - Mon Aug 18, 12:25PM CDT
Sprouts Farmers Market, Inc. (the "Company" (Nasdaq:SFM) today announced the closing of an underwritten public offering of 17,158,191 shares of its common stock, including 2,158,191 shares sold as a result of the underwriters' partial exercise of their option to purchase 2,250,000 additional shares, by affiliates of Apollo Global Management, LLC ("Apollo" , and certain other stockholders of the Company (collectively, the "Selling Stockholders" at a public offering price of $30.00 per share. Apollo sold approximately 13 million of the total shares. The Selling Stockholders received all of the proceeds from the offering.
Sprouts Farmers Market Announces Pricing of Public Offering by Selling Stockholders
GlobeNewswire - Tue Aug 12, 5:32PM CDT
Sprouts Farmers Market, Inc. (the "Company" (Nasdaq:SFM) today announced the pricing of an underwritten public offering of 15,000,000 shares of its common stock by affiliates of Apollo Global Management, LLC ("Apollo" , and certain other stockholders of the Company (collectively, the "Selling Stockholders" at a public offering price of $30.00 per share. Apollo is selling approximately 11 million of the total shares (13 million if the underwriters' option is exercised in full). The offering is scheduled to close on August 18, 2014, subject to customary closing conditions. The underwriters of the offering will have the option to purchase up to an additional 2,250,000 shares of common stock from the Selling Stockholders. The Selling Stockholders will receive all of the proceeds from the offering.
Rexnord Corporation Offers 10 Million Shares Held by Apollo - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Aug 12, 12:20PM CDT
Rexnord Corporation (RXN) announced a public offering of 10 million shares held by certain affiliates of Apollo Global Management, LLC (APO).
Rexnord commences secondary public offering of 10m common stock
M2 - Tue Aug 12, 6:16AM CDT
Rexnord Corporation (NYSE:RXN) that designs, manufactures, markets and services process and motion control and water management products, launched a public offering of 10,000,000 shares of its common stock held by certain funds affiliated with Apollo Global Management LLC (collectively with its subsidiaries, Apollo) (NYSE:APO), it said today.
Rexnord Corporation Announces Launch of Public Offering of Common Stock by Selling Stockholders
Business Wire - Mon Aug 11, 3:45PM CDT
Rexnord Corporation ("Rexnord" (NYSE:RXN) announced today the launch of a public offering of 10,000,000 shares of its common stock held by certain funds affiliated with Apollo Global Management, LLC (collectively with its subsidiaries, "Apollo" (NYSE:APO). The Apollo funds will be the only selling stockholders. Rexnord will not issue shares in the offering and will not receive any proceeds from the sale of the shares by the Apollo funds in this offering.
Sprouts Farmers Market Announces Commencement of Public Offering by Selling Stockholders
GlobeNewswire - Mon Aug 11, 3:27PM CDT
Sprouts Farmers Market, Inc. (the "Company" (Nasdaq:SFM) today announced the commencement of an underwritten public offering of 15,000,000 shares of its common stock by affiliates of Apollo Global Management, LLC ("Apollo" , and certain other stockholders of the Company (collectively, the "Selling Stockholders" . The underwriters of the offering will have the option to purchase up to an additional 2,250,000 shares of common stock from the Selling Stockholders. The Selling Stockholders will receive all of the proceeds from the offering.
Kohlberg Kravis to Divest Turkish Ferry Wing to Actera-Esas - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Aug 06, 4:25PM CDT
Kohlberg Kravis finalized the sale of its Turkish ferry unit -- U.N. Ro-Ro Isletmeleri AS -- to the local investment firms Esas Holding AS and Actera Partners LP. However, the terms and conditions of the agreement were not specified.
Apollo Global Management, LLC Reports Second Quarter 2014 Results
Business Wire - Wed Aug 06, 6:02AM CDT
--Apollo declares a distribution of $0.46 per Class A share for the second quarter of 2014
Apollo Residential Mortgage, Inc. Reports Second Quarter 2014 Financial Results
Marketwire - Tue Aug 05, 3:30PM CDT
Apollo Residential Mortgage, Inc. (the "Company" (NYSE: AMTG) today reported financial results for the quarter ended June 30, 2014.
Berry Plastics commences secondary public offering 14.7m common stock
M2 - Tue Aug 05, 5:33AM CDT
Berry Plastics Group Inc (NYSE:BERY), A provider of plastic consumer packaging and engineered materials, declared on Tuesday that it has commenced a secondary public offering of 14,728,218 shares of its common stock by certain funds affiliated with Apollo Global Management LLC (together, the selling stockholders).
Taminco Corporation Announces Definitive Agreement to be Acquired by Eastman Chemical Company
PR Newswire - Thu Sep 11, 9:30AM CDT
Taminco Corp. (NYSE:TAM) ("Taminco"
, the world's largest producer of alkylamines and alkylamine derivatives, today announced a definitive agreement to be acquired by Eastman Chemical Company (NYSE: EMN) ("Eastman" for $26.00 per share, for a total transaction value of approximately $2.8 billion in cash. The transaction was approved by the Board of Directors of Taminco (the "Taminco Board" and the Board of Directors of Eastman. Apollo Commercial Real Estate Finance, Inc. Announces Quarterly Preferred Dividend of $0.5391 per Share
Marketwire - Mon Sep 08, 7:30AM CDT
Apollo Commercial Real Estate Finance, Inc. (the "Company"
(NYSE: ARI) today announced the Board of Directors has declared a cash dividend on the Company's 8.625% Series A Cumulative Redeemable Perpetual Preferred Stock of $0.5391 per share for the quarterly period ending on October 15, 2014. The preferred dividend is payable on October 15, 2014 to preferred stockholders of record as of September 30, 2014. Check Out 5 Stocks The Big Funds Are Buying Big Time
at Investor's Business Daily - Fri Sep 05, 7:02AM CDT
Mutual funds, insurance funds and other big players account for as much as 70% of all trades. Where they go, the market goes. Today's Screen Of The Day is Accelerating Mutual Fund Ownership, focusing on highly rated stocks that mutual funds have been...
Is Norwegian Cruise Line (NCLH) Stock a Buy After Recent Acquisition? - Stocks in the News
Zacks Research Staff - Zacks Investment Research - Tue Sep 02, 5:50PM CDT
Norwegian Cruise Line shares soared in Tuesday trading following news of an acquisition.
Russia investment fund hides US advisers' names
By STEPHEN BRAUN and JEFF HORWITZ - AP - Tue Sep 02, 4:08PM CDT
WASHINGTON (AP) — A $10 billion investment fund backed by the Russian government that has avoided being targeted by U.S. economic sanctions over the invasion of Ukraine redesigned its website Tuesday and made it more difficult to find names of prominent U.S. and European executives on its international advisory board.
Norwegian sails into luxury with Prestige purchase
AP - Tue Sep 02, 3:31PM CDT
NEW YORK (AP) — Norwegian Cruise Line is sailing into the luxury sector by buying the high-end Prestige Cruises International in a deal valued at about $3 billion, including debt.
Economic sanctions spare Western-tied Russian fund
By JEFF HORWITZ and STEPHEN BRAUN - AP - Fri Aug 29, 4:21PM CDT
WASHINGTON (AP) — Western business connections are complicating efforts to bring economic sanctions against executives and companies closely aligned with Russian President Vladimir Putin's inner circle. A prime example: the Russian Direct Investment Fund, a $10 billion sovereign wealth fund that's escaped sanctions in spite of international efforts to punish Russia for its incursions in Ukraine.
Apollo (APO) in Talks to Buy BES Insurance Unit for Euro 200M - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Aug 25, 1:30PM CDT
Apollo is in discussion with distressed Portuguese bank Banco Espirito Santo (BES) to buy the latter's insurance unit ??? Tranquilidade. Apollo is expected to shell out around Euro 200 million ($264.6 million) for this acquisition.
Updates on Asset Management and Custody Banks Stocks -- Bank of NYSE Mellon, Ameriprise Financial, Apollo Investment, Apollo Global Management, and SEI Investments
PR Newswire - Mon Aug 25, 7:50AM CDT
On Friday, August 22, 2014, the NASDAQ Composite ended at 4,538.55, up 0.14%, the Dow Jones Industrial Average declined 0.22%, to finish the day at 17,001.22, and the S&P 500 closed at 1,988.40, down 0.20%. The losses were broad based as seven out of ten sectors ended the session in negative. The S&P 500 Financials Sector Index ended the day at 310.83, down 0.35%, while the index has advanced 4.91% in the previous three months. Investor-Edge has initiated coverage on the following equities: The Bank of New York Mellon Corporation (NYSE: BK), Ameriprise Financial Inc. (NYSE: AMP), Apollo Investment Corporation (NASDAQ: AINV), Apollo Global Management LLC (NYSE: APO), and SEI Investments Company (NASDAQ: SEIC). Free research on these five companies can be accessed at:
Melvin: Dirty Fuel Has a Bright Future
at The Street - Thu Aug 21, 8:53AM CDT
The coal industry still has a big role in the global energy picture.
Sprouts Farmers Market Announces Closing of Public Offering by Selling Stockholders
GlobeNewswire - Mon Aug 18, 12:25PM CDT
Sprouts Farmers Market, Inc. (the "Company"
(Nasdaq:SFM) today announced the closing of an underwritten public offering of 17,158,191 shares of its common stock, including 2,158,191 shares sold as a result of the underwriters' partial exercise of their option to purchase 2,250,000 additional shares, by affiliates of Apollo Global Management, LLC ("Apollo" , and certain other stockholders of the Company (collectively, the "Selling Stockholders" at a public offering price of $30.00 per share. Apollo sold approximately 13 million of the total shares. The Selling Stockholders received all of the proceeds from the offering. Sprouts Farmers Market Announces Pricing of Public Offering by Selling Stockholders
GlobeNewswire - Tue Aug 12, 5:32PM CDT
Sprouts Farmers Market, Inc. (the "Company"
(Nasdaq:SFM) today announced the pricing of an underwritten public offering of 15,000,000 shares of its common stock by affiliates of Apollo Global Management, LLC ("Apollo" , and certain other stockholders of the Company (collectively, the "Selling Stockholders" at a public offering price of $30.00 per share. Apollo is selling approximately 11 million of the total shares (13 million if the underwriters' option is exercised in full). The offering is scheduled to close on August 18, 2014, subject to customary closing conditions. The underwriters of the offering will have the option to purchase up to an additional 2,250,000 shares of common stock from the Selling Stockholders. The Selling Stockholders will receive all of the proceeds from the offering. Rexnord Corporation Offers 10 Million Shares Held by Apollo - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Aug 12, 12:20PM CDT
Rexnord Corporation (RXN) announced a public offering of 10 million shares held by certain affiliates of Apollo Global Management, LLC (APO).
Rexnord commences secondary public offering of 10m common stock
M2 - Tue Aug 12, 6:16AM CDT
Rexnord Corporation (NYSE:RXN) that designs, manufactures, markets and services process and motion control and water management products, launched a public offering of 10,000,000 shares of its common stock held by certain funds affiliated with Apollo Global Management LLC (collectively with its subsidiaries, Apollo) (NYSE:APO), it said today.
Rexnord Corporation Announces Launch of Public Offering of Common Stock by Selling Stockholders
Business Wire - Mon Aug 11, 3:45PM CDT
Rexnord Corporation ("Rexnord"
(NYSE:RXN) announced today the launch of a public offering of 10,000,000 shares of its common stock held by certain funds affiliated with Apollo Global Management, LLC (collectively with its subsidiaries, "Apollo" (NYSE:APO). The Apollo funds will be the only selling stockholders. Rexnord will not issue shares in the offering and will not receive any proceeds from the sale of the shares by the Apollo funds in this offering. Sprouts Farmers Market Announces Commencement of Public Offering by Selling Stockholders
GlobeNewswire - Mon Aug 11, 3:27PM CDT
Sprouts Farmers Market, Inc. (the "Company"
(Nasdaq:SFM) today announced the commencement of an underwritten public offering of 15,000,000 shares of its common stock by affiliates of Apollo Global Management, LLC ("Apollo" , and certain other stockholders of the Company (collectively, the "Selling Stockholders" . The underwriters of the offering will have the option to purchase up to an additional 2,250,000 shares of common stock from the Selling Stockholders. The Selling Stockholders will receive all of the proceeds from the offering. Kohlberg Kravis to Divest Turkish Ferry Wing to Actera-Esas - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Aug 06, 4:25PM CDT
Kohlberg Kravis finalized the sale of its Turkish ferry unit -- U.N. Ro-Ro Isletmeleri AS -- to the local investment firms Esas Holding AS and Actera Partners LP. However, the terms and conditions of the agreement were not specified.
Apollo Global Management, LLC Reports Second Quarter 2014 Results
Business Wire - Wed Aug 06, 6:02AM CDT
--Apollo declares a distribution of $0.46 per Class A share for the second quarter of 2014
Apollo Residential Mortgage, Inc. Reports Second Quarter 2014 Financial Results
Marketwire - Tue Aug 05, 3:30PM CDT
Apollo Residential Mortgage, Inc. (the "Company"
(NYSE: AMTG) today reported financial results for the quarter ended June 30, 2014. Berry Plastics commences secondary public offering 14.7m common stock
M2 - Tue Aug 05, 5:33AM CDT
Berry Plastics Group Inc (NYSE:BERY), A provider of plastic consumer packaging and engineered materials, declared on Tuesday that it has commenced a secondary public offering of 14,728,218 shares of its common stock by certain funds affiliated with Apollo Global Management LLC (together, the selling stockholders).
