Companies /Financial Services

Apollo Global Management Inc - Class A (New)

NYSE: APO Asset Management
$117.84
▲ $4.39 (+3.87%) today
Markets open · 12:09pm ET

APO Coverage Page 9

9:00am ET
Banking, finance, and taxes

A Lesson in Irony: Moody’s Downgrades S&P Parent

ThinkstockIn what could turn out to be one of those pot-calling-the-kettle-black moments, Moody’s Corp. (NYSE: MCO) ratings agency Moody’s Investors Service yesterday cut the debt rating of The McGraw-Hill Companies Inc. (NYSE:…

Paul Ausick
8:05am ET
Banking, finance, and taxes

McGraw-Hill’s Results Reflect Effects of Sale

ThinkstockThe McGraw-Hill Companies Inc. (NYSE: MHP) reported fourth-quarter and full-year 2012 earnings before markets opened this morning. Quarterly adjusted diluted earnings per share (EPS) totaled $0.72 on $1.23 billion in revenues. In the…

APO
Paul Ausick
6:23am ET
Investing

Media Digest (1/31/2013) Reuters, WSJ, NY Times

courtesy of MicrosoftIran’s oil exports rise sharply in December, despite sanctions. (Reuters) Deutsche Bank A.G. (NYSE: DB) has a large fourth-quarter loss as it rids its balance sheet of bad assets. (Reuters)…

APO BA C
Douglas A. McIntyre
12:16pm ET
Retail

Hostess Close to Deal for Twinkies

courtesy of Hostess Brands Inc.A deal worth more than $400 million may be on the table as soon as tomorrow for Hostess Twinkies and other of the bankrupt Hostess Brands Inc.’s popular…

Paul Ausick
6:22am ET
Investing

Media Digest (11/27/2012) Reuters, WSJ, NY Times, FT

thinkstockEurozone and International Monetary Fund officials set a deal for Greece. (Reuters) Privacy groups ask Facebook Inc. (NASDAQ: FB) to change new privacy policies. (Reuters) Investors sue Hewlett-Packard Co. (NYSE: HPQ) over…

Douglas A. McIntyre
10:59am ET
Investing

McGraw-Hill Education Division Sold

ThinkstockThe education division of The McGraw-Hill Companies Inc. (NYSE: MHP) has been sold to subsidiaries of Apollo Global Management LLC (NYSE: APO) for $2.5 billion the company announced this morning. The publishing…

APO
Paul Ausick
10:56am ET
Commodities & Metals

BHP Dumps Canadian Diamond Mine

ThinkstockDiamond company Harry Winston Diamond Corp. (NYSE: HWD) has agreed to purchase the Ekati diamond mine from the Canadian subsidiary of BHP Billiton PLC (NYSE: BHP) for $500 million. BHP owns 80%…

Paul Ausick
7:58am ET
Investing

Apollo Global Management Swings to a Q3 Profit

ThinkstockApollo Global Management LLC (NYSE: APO) this morning said it swung to a third-quarter profit from a year-ago net loss as its total assets under management rose 69%. The company also announced…

APO
Trey Thoelcke
10:09am ET
Investing

Huge IPO Debuts for Shutterstock and Realogy

Shutterstock Inc. (NYSE: SSTK) and Realogy Holdings Corp. (NYSE: RLGY) have both debuted with strong openings on the day for each of the initial public offerings. In fact, both rose by double-digits at the…

Jon C. Ogg