UPDATE: JPMorgan Downgrades Apollo Global Management (APO) to Neutral
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 4/25/2024
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 14% on Q1 earnings beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
Pre-Open Stock Movers 03/08: (IMVT) (EYES) (GME) Higher; (SLNO) (ANAB) Lower (more...)
March 8, 2021 9:32 AM ESTPre-Open Stock Movers:
Immunovant (NASDAQ: IMVT) 50% HIGHER; Roivant Sciences Ltd. discloses in an amended 13D that it has engaged Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and SVB Leerink LLC to serve as its financial advisors in connection with the evaluation of a potential transaction involving the Issuer.
Second Sight Medical (NASDAQ: EYES) 49% HIGHER; Extends Friday's 305% Gain.
Soleno Therapeutics, Inc. (NASDAQ:... More
Apollo (APO) to Acquire Athene (ATH) in All-Stock Transaction Valued at $11 Billion
March 8, 2021 7:01 AM EST(Updated - March 8, 2021 7:01 AM EST)
Apollo (NYSE: APO) and Athene (NYSE: ATH) have entered into a definitive agreement to merge in an all-stock transaction that implies a total equity value of approximately $11 billion for Athene. Under the terms of the transaction, each outstanding Class A common share of Athene will be exchanged for a fixed ratio of 1.149 shares of Apollo common stock. Upon closing of the merger, current Apollo shareholders will own approximately 76% of the combined company on a fully diluted basis, and Athene shareholders will own approximately... More
Shutterfly in Talks to Go Public Through SPAC Merger with Altimar Acquisition Corp. II (ATMR) - DJ
March 5, 2021 6:21 AM ESTShutterfly is in talks to go public through a merger with a blank-check company, according to Dow Jones, citing people familiar with the matter. The deal comes less than two years after Apollo Global Management (NYSE: APO) took it private.
Shutterfly... More
