Apollo Management(APO)

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GlobeNewswire by Notified Strengthens European Market IR and PR Solutions
Newsfilter· 2024-08-07 07:00
NEW YORK, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Notified, a globally trusted technology partner for investor relations and public relations professionals, today announced improved regulatory compliance, increased media exposure and heightened brand visibility for organizations distributing news across Europe with GlobeNewswire® press release distribution. Boasting over 20 years of industry experience operating regulatory filing services in 16 markets across Europe, Notified continues to ensure the reliable and ...
Apollo and Vale Enter Into Joint Venture Partnership Related to the Vale Oman Distribution Center
Newsfilter· 2024-08-06 21:45
NEW YORK, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced a definitive agreement under which Apollo-managed affiliates, funds and other long-term investors will invest $600 million to acquire a 50% interest in a joint venture entity related to the Vale Oman Distribution Center ("VODC") from Vale S.A. ("Vale" or the "Company"). VODC operates a maritime terminal in Sohar, Oman, with a large deep-water jetty and an integrated iron ore blending and distribution center with a nominal capacit ...
Very Bad News For BDCs
Seeking Alpha· 2024-08-06 15:30
DNY59 The business development company sector (BIZD) is now in a correction, as it has pulled back by over 10% in recent weeks. Data by YCharts This is not surprising, as the sector has faced a plethora of headwinds, and it appears increasingly likely that these headwinds will only increase moving forward. In this article, we will discuss what these headwinds are and what our approach to the BDC sector is moving forward. Recession Increasingly Likely The biggest headwind facing the BDC sector and what is sp ...
Notified and Hong Kong Investor Relations Association Join Forces to Advance IR in Greater China Region
Newsfilter· 2024-08-06 01:00
NEW YORK, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Notified, a globally trusted technology partner for investor relations and public relations professionals, today announced it has joined the Hong Kong Investor Relations Association (HKIRA) as an industry partner. The collaboration aims to enhance the IR profession and advance the adoption of artificial intelligence (AI) across the Hong Kong and Greater China region. Through the joint effort, Notified will provide HKIRA's members and global IR practitioners with a ...
Apollo Global Management (APO) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKS· 2024-08-01 15:32
Apollo Global Management Inc. (APO) reported $932 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 17.5%. EPS of $1.64 for the same period compares to $1.70 a year ago.The reported revenue represents a surprise of +5.70% over the Zacks Consensus Estimate of $881.77 million. With the consensus EPS estimate being $1.74, the EPS surprise was -5.75%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectatio ...
Apollo Management(APO) - 2024 Q2 - Earnings Call Transcript
2024-08-01 15:09
Apollo Global Management, Inc. (NYSE:APO) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Noah Gunn - Global Head, Investor Relations Marc Rowan - Chief Executive Officer Scott Kleinman - Co-President Martin Kelly - Chief Financial Officer Conference Call Participants Glenn Schorr - Evercore ISI Alexander Blostein - Goldman Sachs Patrick Davitt - Autonomous Research Brennan Hawken - UBS Craig Siegenthaler - Bank of America Michael Cyprys - Morgan Stanley Alexander Bernstein - ...
Notified and CLEAR Bring Industry-Leading Identity Verification to GlobeNewswire Press Releases
Newsfilter· 2024-08-01 13:00
Core Insights - Notified and CLEAR have formed an exclusive partnership to integrate CLEAR identity verification technology into Notified's GlobeNewswire press release distribution platform, enhancing trust in corporate communications [1][2] Group 1: Partnership Details - The integration of CLEAR Verified will provide an industry-leading identity verification system within existing press release workflows, allowing current users to verify in one step and new users to enroll easily [1][2] - A 'CLEAR Verified' digital badge will be added to press releases on GlobeNewswire.com, assuring audiences that the information is published by a verified individual [1][2] Group 2: Benefits of CLEAR Verified - Enhanced Security: The integration offers an additional layer of authentication for secure news distribution [2] - Flexibility: Customers can choose to apply "CLEAR Verified" to all releases or only to those considered critical and sensitive [2] - Advanced Privacy Measures: CLEAR's protocols ensure personal information is safeguarded, with a commitment not to sell user data [2] Group 3: Availability - CLEAR Verified press releases are currently available to United States-based GlobeNewswire customers, with plans for a broader rollout in the future [3]
Apollo Management(APO) - 2024 Q2 - Quarterly Results
2024-08-01 10:30
Apollo Global Management, Inc. Second Quarter 2024 Earnings Second Quarter 2024 Financial Highlights GAAP Net Income Attributable to Apollo Global Management, Inc. Common Stockholders was $828 million for the quarter ended J . share Apollo's primary non-GAAP earnings metric, Adjusted Net Income, which represents the sum of FRE, SRE, and PII, less HoldCo . costs and taxes, totaled $1.0 billion, or $1.64 per share, for the second quarter | --- | |--------------------------------------------------------------- ...
Apollo Reports Second Quarter 2024 Results
GlobeNewswire News Room· 2024-08-01 10:30
NEW YORK, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today reported results for the second quarter ended June 30, 2024. Marc Rowan, Chief Executive Officer at Apollo said, “We generated record fee related earnings in the second quarter behind particularly strong momentum in Asset Management. The business produced record levels of quarterly debt origination, gross capital deployment, and third-party fundraising excludin ...
U.S. Silica Completes Transaction with Apollo Funds
Prnewswire· 2024-07-31 18:56
KATY, Texas and NEW YORK, July 31, 2024 /PRNewswire/ -- U.S. Silica Holdings, Inc. ("U.S. Silica" or the "Company"), a diversified minerals company and a leading last-mile logistics provider to the oil and gas industry, and Apollo (NYSE: APO) today announced that funds managed by affiliates of Apollo (the "Apollo Funds") have completed the previously announced acquisition of the Company. The Company will continue to operate under the U.S. Silica name and brand and will continue to be led by Bryan Shinn and ...