Black sees Apollo doubling assets to $600 billion in five years

Leon Black, co-founder of Apollo Global Management Inc., said the firm is on course to almost double its assets under management to $600 billion in five years. The target “does not represent the end... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 8th, 2019

Dallas bank says it will hit $7B in assets in less than two years

Veritex Bank CEO Malcolm Holland expects Veritex to hit $7 billion in assets within the next two years. Holland attributes that growth to hiring great people......»»

Category: topSource: bizjournalsJun 15th, 2018

Brazil"s Embraer sees demand for 10,550 smaller jets in next 20 years

Brazil's Embraer sees demand for 10,550 new aircraft with a capacity of up to 150 seats in the next 20 years, worth around $600 billion, the planemaker said on Sunday......»»

Category: topSource: reutersJul 15th, 2018

BP pays $10.5 billion for BHP shale assets to beef up U.S. business

BP Plc has agreed to buy U.S. shale oil and gas assets from global miner BHP Billiton for $10.5 billion, expanding the British oil major's footprint in oil-rich onshore basins in its biggest deal in nearly 20 years......»»

Category: topSource: reutersJul 26th, 2018

ETF Trader: Turkey ETF sees highest inflows in 5 years amid currency crisis

The largest exchange-traded fund to track Turkey’s equity market has tumbled in recent trading, but it has also seen an influx of assets as investors attempt to play the troubled region......»»

Category: topSource: marketwatchAug 15th, 2018

Prolific Deal-Maker Aurora Cannabis Sees More Acquisitions: "There"s A Lot Of Opportunities Out There"

By Etan Vlessing Over the last two years, Canadian cannabis producer Aurora Cannabis (OTC: ACBFF) has become a $5-billion stock market darling thanks to a dizzying string of deals. read more.....»»

Category: blogSource: benzingaAug 20th, 2018

Apollo to buy $1 billion in energy investments from GE capital

General Electric Co. agreed to sell about $1 billion of equity investments to Apollo Global Management as the downtrodden manufacturer extends a push to slim down and shed finance assets following a... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkOct 9th, 2018

Boeing sees air cargo traffic doubling in 20 years

See the rest of the story here. provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallOct 16th, 2018

Investors Bank looks for merger partner

Investors Bank, whose growth has been pinched by rising interest rates, is looking for a suitor after 92 years of independence.The New Jersey-based lender with $26 billion in assets has hired... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 6th, 2018

This Black Friday is set to be the best America has seen in years - Business Insider

Business InsiderThis Black Friday is set to be the best America has seen in yearsBusiness InsiderBlack Friday 2018 is likely to be the best America has seen in years. Total spend for Black Friday weekend is estimated to hit $59.6 billion with the b.....»»

Category: topSource: googlenewsNov 23rd, 2018

Boeing sees Indian carriers ordering up to 2,300 planes over two decades

Boeing Co raised its projection for India's aircraft orders to a record high on Wednesday, predicting the nation's carriers would order up to 2,300 new planes worth $320 billion from global planemakers over the next 20 years......»»

Category: topSource: reutersDec 19th, 2018

Bill Gross"s Bond Fund Sees Assets Fell Below $1 Billion In December

In a year where Jeff Gundlach's DoubleLine Unconstrained Bond Fund emerged as the best performer among its peers, further cementing Gundlach's status as the reigning bond kin.....»»

Category: blogSource: zerohedgeJan 14th, 2019

Apollo Nears Deal to Buy Arconic for More Than $10 Billion

Apollo Global is nearing a deal to buy Arconic for more than $10 billion, ending months of negotiation over what would be one of the largest leveraged buyouts in recent years......»»

Category: smallbizSource: wsjJan 16th, 2019

The Wall Street Journal: Einhorn’s Greenlight sees wave of investor redemptions

A wave of redemptions in recent months hit billionaire hedge-fund manager David Einhorn’s Greenlight Capital Inc., pushing its assets below $3 billion......»»

Category: topSource: marketwatchJan 23rd, 2019

Japan insurers to target China M&A in new phase after $50 billion overseas push

Japanese insurance companies have spent more than $50 billion on acquisitions over the past five years to become the world's second-largest buyer of insurance assets, and the deals spree won't be slowing down any time soon......»»

Category: topSource: reutersFeb 4th, 2019

Astronauts may have found a four-billion-year-old chunk of Earth on the Moon

istock On 31 January 1971, the Apollo 14 mission made its way into space and eventually brought back samples from the Moon. After 40 years of studying the samples, scientists think they may hav.....»»

Category: topSource: businessinsiderFeb 7th, 2019

Emerging markets stock ETFs have most 5-day inflows in 5 years

Emerging markets equity ETFs had inflows of $3.5 billion, or 1.9% of assets, during the five trading days ended Feb. 5, the biggest five-day inflow sin.....»»

Category: topSource: marketwatchFeb 12th, 2019

Chevron sanctions Anchor project in deepwater U.S. Gulf of Mexico, sees initial investment at $5.7 billion

Chevron Corp. said Thursday it.....»»

Category: topSource: marketwatch8 hr. 58 min. ago

Chevron will absorb a nearly $11 billion writedown this quarter — and it could weigh on the entire stock market (CVX)

Associated Press Chevron announced Tuesday that it will write down nearly $11 billion in assets in the fourth quarter. That could have a $1.32-per-sha.....»»

Category: topSource: businessinsider10 hr. 13 min. ago

Asbury Automotive to acquire luxury dealerships from Park Place in cash deal valued at $1 billion

Asbury Automotive Group Inc. said Thursday it has reached an agreement to acquire assets of Park Place Dealerships in an all-cash deal valued at $1 billion. Park Place has a portfolio of luxury dealerships that will increase the car retailer's geograph.....»»

Category: topSource: marketwatch10 hr. 28 min. ago

Chevron expects $10 billion-$11 billion charge in fourth quarter; plans asset sales

U.S. oil major Chevron Corp on Tuesday said it expects to write down the value of its assets $10 billion to $11 billion this quarter and is considering selling some natural gas projects to prepare for long term low prices......»»

Category: topSource: reutersDec 10th, 2019