RCS Capital (RCAP) Misses Q2 EPS by 13c, Enters Agreement with Apollo Global (APO)
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/15/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
RCS Capital Corporation Announces Significant Strategic Transactions and Initiatives; Reports Second Quarter 2015 Operating Results
August 6, 2015 2:06 PM EDTNEW YORK, Aug. 6, 2015 /PRNewswire/ --
Strategic Initiatives:
Announces Agreement to Sell Wholesale Distribution Division to Affiliates of Apollo Global Management for $25 Million Apollo to Invest $25 Million and Luxor Capital Partners to Invest Additional $12.5 Million in Convertible Preferred Stock Business Re-Focused on Cetera Financial Group, the Company's Core Market Leading Retail Advice Platform Cetera Financial Group to Enter Into Strategic Relationship with Apollo Marc Rowan, Apollo's Co-Founder, and Anthony Civale, Lead Partner & Chief Operating Officer of Apollo Credit, to Join RCS Capital's Board of Directors... MoreApollo Global Management Announces Strategic Transactions
August 6, 2015 2:06 PM EDTCreation of AR Global More Than Doubles Apollos Real Estate AUM, Increases Permanent Capital, Expands Investor Base, Provides Significant Growth Opportunities and Diversifies Investment Offerings
Acquisition of RCS Capitals Wholesale Distribution Business and Strategic Relationship with Cetera Enhances Apollos Retail Distribution Capabilities
NEW YORK--(BUSINESS WIRE)-- Apollo Global Management, LLC (NYSE: APO) (together with its consolidated subsidiaries, Apollo) today announced that it has agreed to acquire a majority interest in a new company, AR Global Investments, LLC (AR Global), that will own a... More
