apollo

Apollo Reports Solid Q2 Results, Guidance In-Line (APOL)

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Apollo Group, Inc. (NASDAQ:APOL) reported its Q2 EPS at $0.83 ex-items, beating the consensus estimate for $0.69 per share. Consolidated revenue for the quarter was down 2% year-over-year to $1.04 billion, vs.

By FNNO Staff
fnnonline@gmail.com

Apollo Investment Reports 8 New Portfolios in Q4, Announces $0.28 Q4'11 Dividend

Investments sold or prepaid in the quarter came to $481 million compared with $67 million a year ago.

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Apollo Investment Corporation (NASDAQ:AINV) announced its Q4 financial results Thursday afternoon with $382 million in investments across 8 new and 3 existing portfolio companies compared with $212 million in 2 new and existing po

By Stephanie Shyu
sshyu@fnno.com

Sara Lee rejects $20 per share bid from private-equity group

Published on Wed, 01/26/2011 - 14:28
By Stephanie Shyu in General Interest, sle, acquisition, apollo, bid, deal, jbs, management, merger, offer, private equity, rejects, sara lee, share, sle, takeover, value
acquisition, apollo, bid, deal, jbs, management, merger, offer, private equity, rejects, sara lee, share, sle, takeover, value

Sara Lee has rejected a takeover offer from a private-equity firm led by Apollo Global Management, a source tells Reuters. The offer was valued at up to $20 a share. Another source says JBS made a verbal offer of about $21 a share

By Stephanie Shyu
sshyu@fnno.com

Hughes Communications Soars on Reports of Potential Sale of Company

Published on Fri, 01/21/2011 - 12:33
By Stephanie Shyu in News corner, HUGH, apollo, barclays, capital, hugh, hughes communications inc, news, share, stock, thomson reuters, trade, up, update

The broadband satellite operator, majority owned by the Apollo private equity group, has already received several preliminary offers from other satellite firms as well as other private equity managers, the sources said.

A second round of bids is expected for early February."

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"Hughes Communications Inc (HUGH) is up 13% after reportedly hiring Barclays Capital to advise it on the sale of the company, according to Thomson Reuters, citing people familiar with the matter.

By Stephanie Shyu
sshyu@fnno.com

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