$8.0 billion valuation significantly exceeds management's initial expectations Proceeds to be used to repay up to $3.75 billion of debt and for opportunistic share repurchases of up to $2.25 billion Transaction allows GFL to roll $1.7 billion of equity in a tax efficient structure allowing for significant future value accretion Pro forma Net Leverage1 of 3.0x creates greater financial flexibility and accelerates path to investment grade Reduces annualized cash interest by approximately $200 million, signif ...

Apollo Global Management, Inc. (APO) and its subsidiary, Athene Holding Ltd., reported preliminary estimates of the company’s alternative net investment income for the fourth quarter of 2024.Alternative net investment income is a component of spread related earnings, which is used to assess the performance of the company's Retirement Services segment.APO’s Preliminary Net Investment Income DetailsThe company estimates alternative net investment income to be nearly $265 million (pre-tax) for the fourth quart ...

NEW YORK, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) plans to release financial results for the fourth quarter and full year 2024 on Tuesday, February 4, 2025, before the opening of trading on the New York Stock Exchange. Management will review Apollo’s financial results at 8:30 am ET via public webcast available on Apollo’s Investor Relations website at ir.apollo.com. A replay will be available one hour after the event. Apollo distributes its earnings releases via its website and email lists. Tho ...

NEW YORK, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Notified, a globally trusted technology partner for public relations and investor relations professionals, unveiled its new case study demonstrating how GlobeNewswire® can significantly increase blog readership and engagement. By selecting 10 of the lowest-performing blog posts—previously only published on the corporate blog site—and redistributing them through GlobeNewswire, Notified saw a 33% overall increase in views, with the top-performing post achieving a 90 ...

LONDON, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Apollo Art Auctions delivered a stellar performance with a trio of auctions held on December 14th and 15th, achieving record-breaking sales and surpassing pre-sale estimates in their Fine Ancient Art & Jewellery – The prince collection sale. The auctions had set a bar in the antiquities market.  A Media Snippet accompanying this announcement is available by clicking on this link. Highlights from the Fine Ancient Art & Antiquities Sale: Lot 179: A Roman over life-si ...

NEW YORK, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Notified, a globally trusted technology partner for public relations and investor relations professionals, announced today an exclusive partnership with Torstar Corporation that enables businesses to expand their audience reach in Canada. Beginning in January 2025, Notified clients that select the Canada National distribution circuit on GlobeNewswire® will automatically have their news shared to a dedicated press release page on the Toronto Star and Metroland regi ...

The broader benchmark S&P 500 will soon undergo its quarterly rebalancing on Dec. 23. This involves dropping certain stocks from the index and adding others to replace them. Changes help keep any particular index more reflective of its underlying market cap. The S&P 500 comprises large-cap companies with market caps over $10 billion that fulfill a certain set of criteria. Joining an index can be a catalyst because funds and investors that track the index essentially have to buy the stock, leading to inflows ...

The alternative and private capital asset management industry is growing strongly. From 2023 to 2028, PricewaterhouseCoopers expects alternative assets under management to grow by nearly $8 trillion. That represents a compound annual growth rate (CAGR) of just under 7%. This may not sound all that impressive, but in relative terms, it is. That 7% rate outpaces the CAGR predicted for non-alternative assets by around 1%. Due to this, it is important to be aware of firms that are key players in this space. Thi ...

Stratos Capital Partners (S.C) was established in 2017 by a small team of professionals from the investment industry with a deep passion for financial markets, macroeconomics, and investment strategy. S.C.'s original goal was to focus exclusively and extensively on the research & development of algorithmic trend-following strategies. The implications of our research over the years have not only strengthened our conviction for systematic strategies but have also led to the profound evolution of our philosoph ...

OMAHA, Neb., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Mosaicx, a conversational AI pioneer, today announced that President Rebecca Jones has been honored in the 2024 CX Leaders Awards, receiving recognition in the Women in CX category. The Women in CX award celebrates a female leader who has demonstrated exemplary leadership, innovation and influence in the field of customer experience. The CX Leaders Awards 2024 is a celebration of the innovators, pioneers and change-makers redefining customer experience. Hosted ...