-
Nielsen Holdings Drops 10% After New York Post Report
Thursday, March 28, 2019 - 12:01pm | 391Read More...Shares of measurement and data analytics company Nielsen Holdings PLC (NYSE: NLSN) lost 10 percent Thursday morning in reaction to a New York Post report. What Happened Nielsen's management said in late 2018 it was considering strategic alternatives, including a sale. One of the...
-
Report: Apollo Approached Xerox
Wednesday, May 2, 2018 - 1:21pm | 314Read More...Wednesday is proving to be a busy day for Xerox Corp (NYSE: XRX) and its shareholders. What Happened Xerox's stock was trading lower by more than 5 percent Wednesday morning after activist investors Carl Icahn and Darwin Deason succeeded in ousting CEO Jeff Jacobson and six of the 10 members...
-
'Not Your Father's Hostess': Remarkable Comeback Has Twinkies Distributor At Strong Buy
Tuesday, February 14, 2017 - 1:19pm | 281Read More...In one of the most remarkable turnaround stories in recent memory, Hostess Brands, Inc. (NASDAQ: TWNK) is flying high since its IPO last November. Shares of the iconic brand have already gained 25 percent since its debut, and analysts are beginning to take notice. Equity research firm C.L. King...
-
Sell-Side Mostly Positive On Athene Holding As Quiet Period Expires
Tuesday, January 3, 2017 - 3:30pm | 561Read More...Athene Holding Ltd (NYSE: ATH) offered 27 million shares of its Class A shares in an initial public offering, with the offering priced at $40 per share. Subsequently, the shares began trading on the NYSE on December 9. Now that the quiet period — the mandatory 40- or 90 day-period from...
-
The 'Leon Black Squeeze' Is The Short Seller Killer's Trademark Move
Friday, September 9, 2016 - 3:40pm | 351Read More...Leon Black famously said three years ago that his private equity firm Apollo Global Management would be "selling everything that's not nailed down." According to Forbes' Nathan Vardi, Black is now the "short seller killer of 2016" given his "spending spree," which has "made life particularly...
-
Apollo Education Receives Revised Buyout Offer, Notes 'An Excellent Outcome For Shareholders'
Monday, May 2, 2016 - 8:19am | 323Read More...Shares of Apollo Education Group Inc (NASDAQ: APOL) were trading higher by more than 14 percent early Monday morning at $8.90 after the company confirmed it has received a revised buyout offer. Apollo Education said a consortium of investors led by the Vistria Group and Apollo Global Management...
-
Watch Grocer Stocks Following Apollo Bid For The Fresh Market
Monday, March 14, 2016 - 11:19am | 323Read More...Shares of specialty grocer The Fresh Market Inc (NASDAQ: TFM) have surged roughly 24 percent after a bid by Apollo Global Management for about $1.36 billion in cash. For each share of Fresh Market, Apollo will pay $28.50, representing a premium of approximately 24 percent over the stock's closing...
-
Security Stocks Seeing Some Interest Following ADT Deal
Tuesday, February 16, 2016 - 12:11pm | 249Read More...Security stocks were trading mostly higher on Tuesday after ADT Corp (NYSE: ADT) confirmed it will sell itself to an affiliate of certain funds managed by Apollo Global Management LLC (NYSE: APO) for $42.00 per share. ADT's stock closed at $26.87 on Friday, implying the company sold itself for a...
-
Apollo Up 28% After Announcing It Will Be Acquired
Monday, February 8, 2016 - 10:07am | 318Read More...Shares of Apollo Education Group Inc (NASDAQ: APOL) gained 28 percent early Monday morning after the company confirmed it will be taken private in a transaction which values the company at $1.1 billion. Apollo Education reported that it has agreed to sell itself to a consortium of investors for...
-
Digging Into The Fresh Market's Take-Out Math
Tuesday, October 20, 2015 - 1:04pm | 605Read More...Shares of The Fresh Market Inc (NASDAQ: TFM) spiked higher last Friday after media reports suggested the company’s management is exploring a sale of itself to Apollo Global Management. Kelly Bania of BMO Capital Markets noted the company’s CEO Rick Anicetti’s resume “...
-
Does A Private Equity Buyout Make Sense For The Fresh Market?
Monday, October 19, 2015 - 11:22am | 423Read More...Shares of The Fresh Market Inc (NASDAQ: TFM) have lost more than 35 percent year-to-date, but spiked higher on Friday. Various media outlets reported that the company's founder Ray Berry is working with Apollo Global Management to explore a potential buyout of the company. Rupesh...
-
S&P 500 Falls To Two-Month Low, Dow Drifts Further Away From The 17,000 Mark
Thursday, August 7, 2014 - 4:41pm | 2840Read More...U.S. stocks declined, following Europe's lead following the European Central Bank's decision to keep interest rates unchanged. The ECB's President Mario Draghi reaffirmed the bank's intention of considering "unconventional moves," which includes buying asset-backed...
-
Markets Sell-Off After Malaysian Airline Crash In Ukraine
Thursday, July 17, 2014 - 4:50pm | 3179Read More...U.S. stocks sold off after news reports began to surface that a Malaysian Airlines jet has crashed in Ukraine. While details have yet to be confirmed, a Ukraine minister claimed that the plane, which carried nearly 300 people, was shot down by rebels. Also not helping the market sentiment...
-
Stocks Rebound From 2 Day Drop As The Fed Confirms The End Of QE Is Near
Wednesday, July 9, 2014 - 4:40pm | 2399Read More...U.S. stocks rose following the FOMC minutes which stated that the Fed is on track for a final month of tapering in October. The Fed plans to slash $15 billion from its monthly asset purchasing program at that time. “Some committee members had been asked by members of the public whether...
-
Market Wrap For May 15: Bears Return In Full-Force As Dow Suffers Triple-Digit Point Loss
Thursday, May 15, 2014 - 4:41pm | 2809Read More...U.S. stocks declined for the second straight day after investors and traders digested disappointing earnings from retailers and economic reports were disappointing. The Dow suffered a triple-digit point loss and declined one percent after the retailer giant Wal-Mart failed to "wow" investors....













