APO - Apollo Global Management, Inc.
After hours:
| Previous Close | 64.23 |
| Open | 64.74 |
| Bid | 63.69 x 1000 |
| Ask | 67.31 x 800 |
| Day's Range | 64.74 - 66.26 |
| 52 Week Range | 45.62 - 74.63 |
| Volume | |
| Avg. Volume | 2,947,224 |
| Market Cap | 37.12B |
| Beta (5Y Monthly) | 1.67 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -3.27 |
| Earnings Date | May 09, 2023 |
| Forward Dividend & Yield | 1.72 (2.63%) |
| Ex-Dividend Date | May 19, 2023 |
| 1y Target Est | 76.04 |
GlobeNewswireApollo Announces Executive Leadership Hires for Cadma Capital Partners
Jon Beizer and Josh Brody Join Cadma, an Asset-Backed Finance Platform for Growth CompaniesNEW YORK, May 25, 2023 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that the recently established Cadma Capital Partners (“Cadma”) has named Jon Beizer and Josh Brody as its CEO and President, respectively. Cadma is a credit financing platform for the venture ecosystem, providing asset-backed financing to venture- and growth-lenders, high-growth companies and financial sponsors, and is backed by
ReutersApollo co-founder Leon Black wins dismissal of rape accuser's lawsuit
A New York state judge on Wednesday dismissed a lawsuit accusing Apollo Global Management Inc billionaire co-founder Leon Black of defaming a woman by falsely claiming she tried to extort him after accusing him of rape. Justice David Cohen said the accuser, Guzel Ganieva, could not pursue her claims after receiving $9.5 million from Black under a nondisclosure agreement that followed their six-year relationship, which ended in 2014. Cohen said Ganieva's acceptance of Black's payments and decision not to contest the nondisclosure agreement barred her from claiming she signed it under duress.
GlobeNewswireSchoolMessenger and the West Foundation Announce Teacher Appreciation Awards
ISLANDIA, N.Y., May 24, 2023 (GLOBE NEWSWIRE) -- SchoolMessenger, the trusted platform for school community engagement, recently announced the recipients of the SchoolMessenger Teacher Appreciation Awards. To recognize the many positive impacts on students’ lives, SchoolMessenger and the West Foundation partnered to recognize deserving teachers in celebration of Teacher Appreciation Week, which was held earlier this month. SchoolMessenger created two awards to honor educators - the Difference Ma
GlobeNewswireTeleVox Launches Automated Reputation Management Solution for Healthcare Providers
Easy to implement capability strengthens provider reviews, new patient acquisition and revenueMOBILE, Ala., May 22, 2023 (GLOBE NEWSWIRE) -- TeleVox, the industry-leading provider of omnichannel digital patient technology, launched its automated reputation management solution, empowering hospitals, health systems and physician practices to take control of their online presence. Reviews are critical to how current and prospective patients perceive and select providers. In fact, research has found
- GlobeNewswire
Apollo to Present at Bernstein’s 39th Annual Strategic Decisions Conference
NEW YORK, May 18, 2023 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that Marc Rowan, Chief Executive Officer, will participate in a fireside chat at Bernstein’s 39th Annual Strategic Decisions Conference on Thursday, June 1, 2023 at 9:00 am ET. A live webcast of the event will be available on Apollo’s Investor Relations website at ir.apollo.com. For those unable to listen live, a replay will be available shortly after the event. About Apollo Apollo is a high-growth, global alternative
BloombergApollo, Advent Execs Face Legal Peril in Debt-Blacklist Spat
(Bloomberg) -- A seemingly technical clash between a bankrupt mattress seller and Apollo Global Management Inc. over debt repayments escalated into accusations of fraud and perjury, after contentious testimony from a private equity executive.Serta Simmons Bedding LLC’s bid to win court approval for its restructuring plan has been bogged down by a fight with lenders, including Apollo, who claim a now-infamous refinancing deal in 2020 unfairly pushed some creditors down the repayment line. But on
Zacks5 Stocks With Recent Dividend Hike for a Stable Portfolio
Dividend-paying stocks should be in demand as investors try to safeguard their portfolios. Five Such stocks are: BAP, APO,NBHC, HLI and TTEK.
Yahoo Finance UKTrending tickers: HSBC | Wood Group | Currys | Asos
The latest investor updates on stocks that are trending on Monday.
Simply Wall St.Don't Buy Apollo Global Management, Inc. (NYSE:APO) For Its Next Dividend Without Doing These Checks
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
BloombergTHG Plunges as Apollo Takeover Talks Collapse in Fresh Blow
(Bloomberg) -- THG Plc shares plunged Friday after ending talks with Apollo Global Management Inc. in the latest failed takeover attempt of the struggling UK online retailer. Most Read from BloombergElon Musk Picks Linda Yaccarino as Next Twitter CEOFlorida’s Money Man Threatens to Cut Ties With Bank of America, Wells FargoKen Griffin’s Hand-Picked Math Prodigy Runs Market-Making EmpireTesla Recalls Virtually Every Car It Has Sold in ChinaYellen Says ‘We Have to Default’ on Something If Congress
ReutersUK's THG shares dive 20% as another suitor bites the dust
(Reuters) -British online retail platform THG Plc ended talks with Apollo Global Management on Friday, saying there was "no merit" in further discussions after it rejected the private equity firm's buyout proposal based on "inadequate valuations". Apollo, in a separate statement, said it no longer planned to make an offer for the British company, which owns beauty and nutrition e-commerce sites as well as an online platform serving third-party brands. After a bumper $7 billion London IPO in 2020, THG has had several setbacks including profit warnings that have weighed heavily on its shares and led to several takeover approaches, all of which have been rejected either publicly or privately.
ReutersBlackstone, Apollo were among about 20 bidders for SVB's assets
Blackstone Inc and Apollo Global Management were among about 20 bidders for some assets of collapsed Silicon Valley Bank, the Federal Deposit Insurance Corporation (FDIC) said on Wednesday. PNC Financial Services, Valley Bank, Citizens Bank and BankUnited were also among the bidders, the FDIC said in a summary document, adding that one or more bidders submitted more than one bid.
BloombergJosh Harris Sells $106 Million of Apollo Shares Ahead of Washington Commanders Deal
(Bloomberg) -- Josh Harris, the Apollo Global Management Inc. co-founder who left the company last year, has sold more than $100 million of shares in the private equity firm over the past three weeks as the deal he’s leading to buy the NFL’s Washington Commanders takes shape.Most Read from BloombergSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimUS Inflation Shows Signs of Moderating, Giving Fed Room to PauseTreasuries Advance After CPI; Stocks Edge Higher: Markets WrapHedge
- Thomson Reuters StreetEvents
Q1 2023 Apollo Global Management Inc Earnings Call
Q1 2023 Apollo Global Management Inc Earnings Call
BloombergApollo Dials Back $25 Billion Goal for Flagship Buyout Fund
(Bloomberg) -- Apollo Global Management Inc. expects commitments for its 10th flagship private equity fund to reach the “low $20 billion range,” falling short of the buyout giant’s earlier $25 billion target.Most Read from BloombergVanguard’s Trillion-Dollar Man Leads a Fixed-Income RevolutionTrump Liable for Sex Abuse, Must Pay $5 Million to CarrollSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimItaly Intends to Exit China Belt and Road Pact as Relations SourGeorge Santos F
Yahoo Finance VideoWhat's next in the markets? 5 executives share their predictions
Every investor wants to know: what does the future hold for the stock market? "People are actually gonna need to figure out how to be good investors going forward. And we have not yet mentally adjusted. What happened over the last 10 years is abnormal." -Marc Rowan, Apollo CEO "Our outlook is more negative going forward... and more people need to catch up with us, which means that we're probably going to have more volatility and more drawdowns ahead of us." -Katie Koch, TCW CEO "Our view remains that at the moment the markets are over optimistic around where we're headed with both [interest] rates and recession." -David Hunt, PGIM CEO "I think the traditional model that is investor built is now gonna be challenged a bit as you leverage AI to be able to find unique insights. So I think the asset managers that have the bigger and broader data set that they can apply AI to are gonna have an advantage." -Jenny Johnson, Franklin Templeton CEO "It's hard to argue that the world isn't heading towards a more carbon neutral state of being. So we want to be at the forefront of that to help clients figure out what's real, what's not real, who's actually doing things versus who's just saying they're doing things." -Jeff Solmon, TD Cowen President (Disclosure: Apollo Global Management is the parent company of Yahoo and Yahoo Finance)
ReutersApollo Global Q1 earnings fall 8%, missing estimates
Apollo Global Management Inc said on Tuesday its first-quarter adjusted net income fell 8% year-on-year, missing estimates, as a jump in management fees and investment income could not offset the impact of a drop in asset sales. Like its peers, private equity firm Apollo was hit by a slump in dealmaking in the quarter that made it challenging to cash out of its private equity holdings for top dollar. Its asset management and retirement businesses, however, helped it cushion the blow.
- GlobeNewswire
Apollo Reports First Quarter 2023 Results
NEW YORK, May 09, 2023 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today reported results for the first quarter ended March 31, 2023. Marc Rowan, Chief Executive Officer at Apollo said, “The consequences of the past decade-plus of artificially low interest rates were on full display in the first quarter. While the traditional banking model navigates certain challenges, the role of private markets in financing the broader
CoinDeskPrivate-Equity Giant Apollo Is Part of a Bid to Buy Bankrupt Crypto Firm Celsius
The $500 billion-plus firm is involved in NovaWulf's offer for Celsius, according to a person familiar with the matter.
BloombergAdnoc, Apollo Offer $7.6 Billion for Brazil’s Braskem
(Bloomberg) -- Braskem SA, one of the world’s top petrochemicals makers, received an offer of as much as 37.5 billion reais ($7.6 billion) from Abu Dhabi National Oil Co. and Apollo Global Management, according to people familiar with the matter. Most Read from BloombergBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresKimora Lee Says $93 Million US Wants From Tim Leissner Is Hers‘We Just Want Someone Sane’: What Happens When a Small Town Goes MAGABank Stocks Nearing a Crisis-Era T
Motley FoolWhy Arconic Stock Zoomed This Week
Shares of Arconic (NYSE: ARNC) rocketed this week and were trading up 16.9% for the week as of 9:40 a.m. ET Friday, according to data provided by S&P Global Market Intelligence. The aluminum company, which primarily serves the aerospace and automotive industries, just announced its quarterly numbers, but that has nothing to do with the stock's meteoric rise. The reason behind Arconic's jump is much bigger, and it will affect every investor in the company.
ReutersAir France-KLM in talks with Apollo for $550 million cash injection
The new financing arrangement if complete will help strengthen Air France-KLM’s and Air France’s balance sheet, the group said in a press release. Air France-KLM and Apollo Global Management entered into a similar solution last year where the private equity firm invested 500 million euro in the company to help repay French state aid. Earlier in April, Air France KLM agreed to revolving credit facilities (RCF) worth 2.2 billion euros, adding that these are linked to environmental, social and governance (ESG) targets.
Motley FoolWhy Arconic Stock Is Soaring Today
Private equity giant Apollo Global Management (NYSE: APO) has a deal in place to acquire Arconic (NYSE: ARNC) for about $5.2 billion in cash and assumed debt. Arconic has been a company in transition for most of the last decade. Three years later, Arconic split itself again, grouping its engine products, fasteners, and other aerospace components into a separate company called Howmet Aerospace.
BloombergApollo Agrees to Take Over Arconic for About $3 Billion
(Bloomberg) -- Apollo Global Management Inc. agreed to acquire aluminum-products company Arconic Corp. for about $3 billion.Most Read from BloombergChina Takes the Yuan Global in Bid to Repel a Weaponized DollarZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinTD, First Horizon End $13 Billion Merger as Regulators StallBank Drama Rages On; Apple Climbs in Late Trading: Markets WrapPacWest Is Weighing Strategic Options, Including Possible SaleThe buyout firm will pay $30 a share for the P
- Simply Wall St.
Apollo Global Management's (NYSE:APO) investors will be pleased with their impressive 150% return over the last five years
While Apollo Global Management, Inc. ( NYSE:APO ) shareholders are probably generally happy, the stock hasn't had...