The global private equity company that owns the company that owns Elvis Presley Enterprises reported a 510 percent increase in its economic net income for the second quarter compared to a year ago. Apollo Global Management LLC’s second quarter included the purchase of CKx Inc., the entertainment company that owns 85 percent of EPE. Apollo […]
(Reuters) – Apollo Global Management LLC (APO.N) reported a rise in second-quarter earnings, helped by higher profits from its private equity unit, and said that the recent market falls potentially gave it opportunities to invest. Apollo, in its second quarterly earnings report since its initial public offering in March, said economic net income (ENI) — […]
Apollo Global Management executives said the market selloff this week creates opportunity to buy assets, especially credit products. Discussing second-quarter earnings results–the first quarterly report since the New York firm’s debut on the New York Stock Exchange in March–Apollo President Marc Spilker struck a cautiously optimistic tone, pointing to the firm’s two-prong approach to private […]
NEW YORK–(BUSINESS WIRE)– Apollo Global Management, LLC (NYSE:APO – News) and its consolidated subsidiaries (collectively “Apollo”), announced today that it plans to release its financial results for the second quarter of 2011 on Tuesday, August 9, 2011, before the opening of trading on the New York Stock Exchange. Apollo will host a conference call on […]