Yuji Sakai The Flaherty & Crumrine Total Return Fund (FLC) is a fairly popular closed-end fund, or CEF, among investors who are seeking to earn a high level of income from the assets in their portfolios. Unfortunately, like all the closed-end funds from this particular fund house, the Flaherty & Crumrine Total Return Fund is nowhere near as attractive an income vehicle as it once was. The fund yields 6.70% at the current price, and while this is better than many other things in the market, it still comp ...

Table of Contents Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock APO New York Stock Exchange 6.75% Series A Mandatory Convertible Preferred Stock APO.PRA New York Stock Exchange 7.625% Fixed-Rate Resettable Junior Subordinated Notes due 2053 APOS New York Stock Exchange UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 ...

We Are This is my quarterly update on Apollo (NYSE:APO) and its insurance (aka retirement) subsidiary Athene. We will summarize the last quarter, play with valuations, and dive deeper into Athene including its preferred stocks. I would refer to my old articles for those unfamiliar with Apollo's structure. But for convenience, I will explain it briefly below. The company consists of an alternative asset manager Apollo ("old Apollo") and an annuity provider Athene. Apollo charges various fees for managing ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Spokespeople for Paramount, Redstone's National Amusements, the special committee and Skydance declined to comment. Sony and Apollo did not immediately respond to requests for comment.Skydance Media hasn't heard anything from the special committee yet, though it expects to find out the special committee's recommendations on next moves as early as Thursday, according to people familiar with the matter. Paramount's panel could recommend approving Skydance's offer or rejecting it, or it could come back to the ...

Partners Sony and Apollo have formally reached out to Paramount‘s special board committee asking to discuss a potential $26 billion offer, Deadline has learned. It comes as Par’s exclusive negotiating window with David Ellison‘s Skydance is set to expire. Paramount share jumped 12% on the news. Investors would vastly prefer a Sony/Apollo acquisition to a Skydance deal as it currently configured, even after Skydance made a revised offer, that was said to be its best and last, last week. Sony and Apollo’s o ...

Sony and Apollo Global Management are reportedly bidding big for Paramount.Advertisement Sony and the private equity firm teamed up for an all-cash offer of $26 billion for Paramount Global, The Wall Street Journal reported on Thursday.The bid was officially sent on Wednesday, the Journal reported, based on anonymous sources. Sony and Apollo's offer was nonbinding, according to the Journal.Skydance Media and its largest private-equity backer RedBird Capital Partners have also been trying to win over Paramo ...

Apollo Global Management, Inc. (NYSE:APO) Q1 2024 Earnings Conference Call May 2, 2024 8:30 AM ET Company Participants Noah Gunn - Global Head, Investor Relations Marc Rowan - Chief Executive Officer Jim Zelter - Co-President Martin Kelly - Chief Financial Officer Conference Call Participants Glenn Schorr - Evercore Alex Blostein - Goldman Sachs Brennan Hawken - UBS Bill Katz - TD Cowen Ben Budish - Barclays Patrick Davitt - Autonomous Research Michael Cyprys - Morgan Stanley Alex Bernstein - JPMorgan Chase ...

For the quarter ended March 2024, Apollo Global Management Inc. (APO) reported revenue of $839 million, up 13.1% over the same period last year. EPS came in at $1.72, compared to $1.42 in the year-ago quarter.The reported revenue represents a surprise of +1.41% over the Zacks Consensus Estimate of $827.33 million. With the consensus EPS estimate being $1.81, the EPS surprise was -4.97%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to ...

Apollo Global Management, Inc. First Quarter 2024 Earnings 1Q'24 Per Share LTM 1Q'24 Per Share GAAP Financial Measures ($ in millions, except per share amounts) Net Income Attributable to Apollo Global Management, Inc. Common Stockholders $1,403 $2.31 Segment and Non-GAAP Financial Measures ($ in millions, except per share amounts) Fee Related Earnings (“FRE”) $462 $0.75 $1,833 $3.00 Spread Related Earnings (“SRE”) $817 $1.32 $3,237 $5.30 Fee and Spread Related Earnings $1,279 $2.07 $5,070 $8.30 Principal I ...