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......»»
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......»»
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.....»»
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......»»
Boeing sees air cargo traffic doubling in 20 years
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
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......»»
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.....»»
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......»»
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.....»»
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......»»
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......»»
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......»»
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.....»»
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.....»»
Western Alliance Q1 deposits grow nearly $7B, speeding up repositioning plans
Western Alliance Bancorporation, the holding company of Alliance Bank of Arizona, reported a $6.9 billion increase in quarterly deposits as the financial institution continues to reposition its balance sheet and focus on stable assets......»»
Check out stunning photos from the $2 billion space telescope that captures the invisible universe — and that NASA plans to defund
The Chandra X-ray Observatory has snapped stunning photos of the invisible universe for 25 years. NASA may end the mission early. Messier 74, nicknamed "the Phantom Galaxy" for its .....»»
Miami wealth management firm expands to Houston
The move follows the firm's acquisitions of major assets from PNC and Citigroup in recent years......»»
Goldman Sachs Sees Resurgence In Debt Underwriting And Deal Activity, Q1 Profit Jumps 28%
On Monday, Goldman Sachs Group Inc. (NYSE:GS) reported revenue of $14.21 billion for the first quarter of 2024, beating the consensus of $12.92 billion. Sales increased 16% year over y.....»»
"Wow:" Elon Musk Stunned By Reminder Of How Tesla Bull"s Optimistic 2021 Rivian Prediction "Didn"t Age Well"
Future Fund's Gary Black expressed optimism about Rivian in 2021, even at a $70 billion market cap, expecting them to produce 150,000 EVs annually by 2024 with $10 billion in revenue. read more.....»»
U.S. sees Iran moving military assets including drones and cruise missiles
U.S. sees Iran moving military assets including drones and cruise missiles.....»»
Vingroup"s VinFast Faces Financial Risks Amidst Global Ambitions, With $5.7B Loss Over Past Three Years
Vingroup's VinFast faces financial risks as it expands globally, grappling with a $5.7 billion loss over three years. read more.....»»