NEW YORK, Aug. 20, 2024 (GLOBE NEWSWIRE) -- It can be difficult to craft compelling press releases. But we’re here to help.  Get inspired with four press release examples taken directly from the GlobeNewswire newsroom. We analyze each one and explain what makes them stand out.  You’ll learn:  How to create a compelling headline The importance of the inverted pyramid writing style How to compose an effective executive announcement How to launch a new product  Read the full post. About Notified At Notified, ...

OMAHA, Neb., Aug. 20, 2024 (GLOBE NEWSWIRE) -- TeleVox, the industry-leading provider of omnichannel patient relationship management platforms, is solving the challenge of overworked healthcare call centers and frustrated patients waiting on hold with the expansion of Agent Chat, which utilizes a secure, web-based experience to connect patients to a staff member who can address the patient’s needs. Patients calling into healthcare offices spend an average of eight minutes on the phone with 63 percent of ca ...

NEW YORK, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Notified, a globally trusted technology partner for investor relations and public relations professionals, announced today its award-winning communications solutions are now available on the London Stock Exchange (LSE) Marketplace. LSE Issuers will have access to comprehensive tools and services, including earnings calls, webcasts, IR websites, and regulatory news distribution through GlobeNewswire, to amplify stakeholder communications and compliance efforts. "Jo ...

NEW YORK, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that Apollo-managed funds associated with its Clean Transition Equity strategy, together with strategic minority co-investor Rettig Oy Ab (“Rettig”), have through the special purpose vehicle Project Grand Bidco (UK) Limited completed the previously announced acquisition of a 94.53% equity ownership stake in Purmo Group Plc, a leader in sustainable indoor-climate solutions. Apollo funds and Rettig will look to acquire the remainin ...

Financial Performance - Adjusted Net Income for the quarter was $150 million, representing a 15% increase compared to the previous quarter[19]. - The company reported a significant increase in Retained Earnings, which rose to $4.4 billion from $3.0 billion, marking a growth of approximately 47.3%[47]. - Net income for Q2 2024 was $1,177 million, up 56.7% from $750 million in Q2 2023[51]. - Comprehensive income attributable to Apollo Global Management, Inc. was $673 million for Q2 2024, compared to $369 million in Q2 2023, an increase of 82.3%[51]. - The company reported a diluted earnings per share of $1.35 for Q2 2024, compared to $1.00 for Q2 2023, representing a 35% increase[50]. - The company recognized gains of $18 million in other comprehensive income associated with cash flow hedges during the three months ended June 30, 2024, compared to losses of $53 million in the same period of 2023[126]. Revenue and Growth - The company anticipates a revenue growth of 8% for the next fiscal year, driven by new product launches and market expansion[13]. - Total revenues for Q2 2024 were $6,018 million, a decrease of 56.1% compared to $13,702 million in Q2 2023[50]. - Management fees increased to $462 million in Q2 2024, compared to $452 million in Q2 2023, reflecting a growth of 2.2%[50]. - Investment income rose significantly to $278 million in Q2 2024, compared to $138 million in Q2 2023, marking a 101.4% increase[50]. - The company reported a total of $70,370 million in Level 3 assets, with a loss of $422 million attributed to various investments[202]. Assets and Liabilities - The company reported a total Assets Under Management (AUM) of $500 billion, reflecting a 10% increase year-over-year[19]. - Total Assets increased to $346.5 billion as of June 30, 2024, up from $313.5 billion at the end of 2023, representing a growth of approximately 10.5%[44]. - Total Liabilities increased to $318.1 billion, up from $288.2 billion, reflecting a growth of about 10.4%[47]. - The total liabilities for the company are $20,908 million, with Asset Management liabilities at $64 million and Retirement Services liabilities at $20,844 million[174]. - The company has $1,320 million in mortgage loans classified under investments in related parties, indicating ongoing financial relationships[176]. Investments and Capital Management - The company is investing $50 million in research and development for new technologies aimed at enhancing service delivery[19]. - The company is focused on expanding its market presence through strategic mergers and acquisitions, enhancing its competitive position[26]. - The company has set a target of achieving a 12% return on equity over the next three years[19]. - The company issued $5,652 million in debt during the first half of 2024, compared to $2,417 million in the same period of 2023[64]. - The company recognized $152 million in revenue during the first half of 2024 that was previously deferred as of January 1, 2024[73]. Market and User Engagement - User data showed a 20% increase in active users, reaching 2 million by the end of the quarter[19]. - The company plans to enter three new international markets by the end of the next fiscal year, targeting a 5% market share in each[19]. - The company reported a significant increase in fee-generating AUM, which consists of assets on which management fees are earned[23]. Risk Management - The management highlighted ongoing efforts to mitigate risks associated with inflation and interest rate fluctuations[13]. - The company has established counterparty exposure limits to manage credit risk associated with over-the-counter derivatives[145]. Cash Flow and Liquidity - Cash flows from operating activities for the first half of 2024 were $1,403 million, down from $4,622 million in the same period of 2023[64]. - Cash and cash equivalents increased to $15,858 million as of June 30, 2024, compared to $12,070 million in the same period of 2023, reflecting a growth of 31%[66]. - The company reported $13,004 million in cash and cash equivalents within Retirement Services, indicating strong liquidity[176]. Derivatives and Financial Instruments - The total notional amount of derivatives designated as hedges was $1,010 million as of June 30, 2024, with fair value assets of $958 million and liabilities of $781 million[127]. - Athene's derivative assets as of June 30, 2024, were valued at $7,488 million, with derivative liabilities of $3,212 million, resulting in a net derivative asset position of $4,276 million[148]. - The total fair value of derivative assets is $7,488 million, showcasing the company's engagement in derivative trading[174].

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 ...

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 ...

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 ...

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 ...

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 ...