Apollo Global Management Slips To Loss In Q2

RTTNews | il y a 998
Apollo Global Management Slips To Loss In Q2

(RTTNews) - Apollo Global Management Inc. (APO) reported Thursday a second-quarter net loss attributable to common stockholders of $2.05 billion or $3.53 per share, compared to net income of $649 million or $2.70 per share in the prior-year quarter.

Excluding items, adjusted earnings for the quarter were $0.94 per share, compared to $1.14 per share in the year-ago quarter. Adjusted earnings - normalized - were $1.06 per share.

Total revenue for the quarter plunged to $2.27 billion from $1.38 billion in the same quarter last year.

On average, analysts polled by Thomson Reuters expected the company to report earnings of $1.02 per share on revenues of $849.75 million for the quarter. Analysts' estimates typically exclude special items.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
U.S. Silica To Be Taken Private By Apollo In $1.85 Bln Deal

U.S. Silica To Be Taken Private By Apollo In $1.85 Bln Deal

Industrial minerals company U.S. Silica Holdings, Inc. (SLCA) announced Friday that it has entered into a definitive agreement to be acquired by funds managed by affiliates of Apollo (APO) in an all-cash transaction that values the Company at an enterprise value of approximately $1.85 billion.
RTTNews | il y a 367
Paramount Stock Up In Pre-market On Reports Of Sony-Apollo Joint Bid Talks

Paramount Stock Up In Pre-market On Reports Of Sony-Apollo Joint Bid Talks

Sony Pictures Entertainment, affiliated to Japanese conglomerate Sony Group Corp., is in discussions with US private equity group Apollo Global for making a joint takeover bid for entertainment giant Paramount Global, reports said citing people familiar with the matter. The talks are said to be in an early stage. Following the news, Paramount Global shares were gaining around 10.7 percent...
RTTNews | il y a 374
Domino's Pizza Q1 Earnings Beat, Revenues Miss, U.S. Same Store Sales Down; Stock Drops

Domino's Pizza Q1 Earnings Beat, Revenues Miss, U.S. Same Store Sales Down; Stock Drops

Domino's Pizza Inc. announced Monday higher earnings in its first quarter, above market estimates, amid revenue growth. Meanwhile, the largest pizza company in the world recorded weak income from operations and U.S. same store sales, and its top line missed the Street view. In pre-market activity on the Nasdaq, Domino's Pizza shares were losing around 2.6 percent.
RTTNews | il y a 1h 9min
Bay Street Likely To Open On Mixed Note

Bay Street Likely To Open On Mixed Note

The Canadian market is likely to open on a mixed note on Monday with investors mostly making cautious moves, as the nation goes to the polls today.
RTTNews | il y a 1h 17min
Pound Rises As European Shares Traded Higher

Pound Rises As European Shares Traded Higher

The British pound strengthened against other major currencies in the European session on Monday amid increased risk appetite, as tariff tensions eased and investors looked ahead to a busy week of earnings, with four of the Magnificent Seven companies— Amazon, Apple, Meta Platforms and Microsoft — due to report their quarterly results.
RTTNews | il y a 1h 55min
Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Monday.
RTTNews | il y a 2h 22min
FTSE Up Marginally In Cautious Trade

FTSE Up Marginally In Cautious Trade

The U.K. market is marginally up at noon on Monday with investors making some selective purchases ahead of a slew of corporate earnings announcements and some crucial economic data this week. Optimism about U.S. and China striking a trade deal sometime soon is also contributing to the positive mood in the market.
RTTNews | il y a 2h 47min