DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
— - 8 Torsten Sløk - 6 Sløk - 5 Apollo - 3 It's - 2 Apollo's Torsten Slok - 1 Apollo Management's Torsten Slok - 1 There's - 1
Top related locs:
New York New York City California Florida , Texas , Arizona Colorado Real Los Angeles San Francisco
Top related orgs:
Service - 7 Apollo Management - 5 Apollo - 3 Business - 3 Fed - 2 Microsoft - 2 CNBC - 2 Bridgewater Associates - 2

Search resuls for: "Apollo Management"


14 mentions found


☆ The number of home sales per real estate agent is at its lowest level in over a decade
  + stars: | 2024-02-16 | by ( Aruni Soni | ) www.businessinsider.com   time to read: +2 min
The number of home sales per agent has fallen to its lowest level in over a decade, Apollo's Torsten Slok said. There are also fewer real estate agents per 1,000 jobs in states like California and New York as people flock to southern states. And it's slowing things down for real estate agents. The number of home sales per agent has fallen to its lowest level in over a decade, a note from Apollo Management's Torsten Slok stated. Real estate agents per 1,000 jobs Apollo ManagementThe cost of living and even the climate have helped warp the market.
Persons: Apollo's Torsten Slok, —, Apollo Management's Torsten Slok, Sløk, There's, Still Organizations: Service, Apollo, San Locations: California, New York, Florida , Texas , Arizona, Colorado, Real, Los Angeles, San Francisco, San Jose, New York City
☆ These charts show how much traffic has plunged in the Suez and Panama canals — and the potential impact on inflation
  + stars: | 2024-01-22 | by ( Aruni Soni | ) www.businessinsider.com   time to read: +3 min
Read previewThe number of vessels passing through the Suez Canal and Panama Canal have dropped 50% from normal levels, according to Apollo Management's top economist. AdvertisementSuez Canal slowdownAbout 12% of global trade passes through the Suez Canal, according to an estimate from the US Naval Institute. Related stories"Normally, 200 ships travel through the Suez Canal from south to north over a week, but that number has recently declined to 100," Sløk wrote. Suez Canal traffic is down 50% APThe trouble in the Suez Canal has been ratcheting up as Yemen-based Houthi rebels have been launching attacks against ships in the Red Sea, forcing some ships to take longer — and costlier — detours. And although goods inflation has been tumbling, higher shipping costs could send that back up again if they continue to follow recent trends.
Persons: —, Torsten Sløk, Sløk, Thierry Wizman Organizations: Service, Business, US Naval Institute, Apollo, Container, Shipping, Apollo Management, Macquarie Locations: Suez, Panama, Yemen, Red, Shanghai, Rotterdam, Drewry
☆ This is not a soft landing, and reaccelerating growth will bring back a more hawkish Fed, economist says
  + stars: | 2024-01-11 | by ( Aruni Soni | ) www.businessinsider.com   time to read: +2 min
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementSo what's turning up the heat in the economy that could herald a hawkish return? "Non-cyclical components have continued to see strong growth in particular with strong post-Covid tailwinds to restaurants, hotels, and airlines," the economist explained. That pent-up demand that gushed over the economy after the pandemic wore off is still stoking consumer spending today, according to Sløk. Cyclical components of GDP growth rebounding Apollo ManagementMeanwhile, financial conditions have been easing since Silicon Valley Bank collapse in March last year.
Persons: —, Apollo, Torsten Sløk, Sløk Organizations: Service, Federal, Business, Fed
☆ Instagram's crisis highlights the bigger issues the entire ad industry is facing
  + stars: | 2023-11-28 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +7 min
AdvertisementBusiness Insider's Katie Notopoulos has a rundown on how a relatively scandal-free summer for Meta has erupted into a full-blown crisis at Instagram. And the fix for Instagram's Reels might not be simple or one Meta's willing to make. Instagram, Tyler Le/InstagramThe WSJ's report illustrates a broader issue the ad industry is grappling with. Ad spend has never fully recovered since the onset of the pandemic, meaning companies have to do more with less. AdvertisementAll of that puts the ad industry in a juxtaposition.
Persons: McDonald's, Meta, influencers, Katie Notopoulos, Instagram, Tyler Le, Lauren Johnson, Lauren, Joe Biden, Chip Somodevilla, Here's, It's, Chelsea Jia Feng, Veronica Thatcher, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: The New York Times, Wall, Meta, UBS, Business, Google, White, Philadelphia Federal Reserve, Apollo Management, Bank of America, Chelsea, Microsoft, BI, Broadcom, VMware, Amazon, Intuit, CrowdStrike, Hewlett Packard Enterprise Locations: Instagram, Washington ,, Gaza, America, New York City, San Diego, London, New York
☆ A default cycle has started amid the Fed's high interest rates, economists say. These 4 charts explain how severe it is.
  + stars: | 2023-11-27 | by ( Aruni Soni | ) www.businessinsider.com   time to read: +3 min
A default cycle has started, spurred by high rates and debt costs, economists at Apollo Management said. Data on default rates and bankruptcy filings show just how severe the situation is. Advertisement"A default cycle has started with bankruptcy filings rising, and default rates will continue to rise over the coming quarters, impacting in particular middle market companies," they added. US Speculative grade default rates Apollo Management"The ongoing rise in default rates is not just a 'normalization.' AdvertisementUS bankruptcy filings Apollo ManagementWeekly bankruptcy filings for companies with at least $50 million in liabilities Apollo ManagementSløk has previously said that the Fed's rate hikes were to blame for higher bankruptcies.
Persons: —, Torsten Sløk, Sløk, Apollo Management Sløk, Nicholas Colas, Moody's Organizations: Apollo Management, Service, HY, Apollo, DataTrek, Management Locations: Moody's, Europe
☆ Ray Dalio says US is reaching an 'inflection point' as debt starts rapidly accelerating
  + stars: | 2023-11-20 | by ( Aruni Soni | ) www.businessinsider.com   time to read: +3 min
The US is nearing an "inflection point" as the debt pile accelerates, Ray Dalio told CNBC. AdvertisementThe US's fiscal situation is heading for an "inflection point" as government debt grows faster than income, according to billionaire investor Ray Dalio. With the government borrowing more money to just pay for debt service while spending continues unabated, the hole gets deeper and deeper, he said on a CNBC interview on Friday. AdvertisementSuch issues have also impacted foreign demand, Dalio warned, noting that 40% of US debt is sold to foreigners. We are near that inflection point."
Persons: Ray Dalio, —, it's, Torsten Sløk Organizations: CNBC, Service, Bridgewater Associates, Apollo Management
☆ The stock market is riskier and more volatile than it was in past decades. Here's why.
  + stars: | 2023-10-26 | by ( Aruni Soni | ) www.businessinsider.com   time to read: +4 min
The S&P 500 has become more volatile in recent years, according to research firm DataTrek. The bigger factor is the massive growth of big tech stocks that make up more and more of the S&P 500. "The S&P 500 has become noticeably more volatile over the last +60 years, but returns have not increased commensurately," DataTrek said in a note published Thursday. AdvertisementAdvertisementHere's why the research firm sees higher risk in the stock market today than in past eras. Unexpected developments hit harderAnother explanation is that the market in recent years has had an outsized reaction to unanticipated developments relative to past eras.
Persons: —, DataTrek, Apollo, Torsten Sløk Organizations: Service, Apple, Microsoft, Nvidia, Tesla, Big Tech, Data, GameStop
☆ The US is headed for recession, but a key difference from past downturns could make it milder, Apollo chief economist says
  + stars: | 2023-10-25 | by ( Aruni Soni | ) www.businessinsider.com   time to read: +2 min
The US economy is headed for a recession, but it's likely to be milder than prior slumps, Apollo's chief economist said. That's because any potential slowdown this time around would be "engineered" by the Fed, Torsten Sløk told CNBC. When recession arrives, the Fed can undo the measures it took that initially slowed the economy, he added. Another recession is coming, but this time around the culprit is also the savior, making it a lot less harmful, according to Apollo Management's chief economist, Torsten Sløk. "Here today, this is all engineered by the Fed, the slowdown," Sløk said.
Persons: Torsten Sløk, —, Apollo, Sløk Organizations: CNBC, Service, Fed Locations: It's
☆ Wall Street's rising stars share the lessons they've learned from their biggest career mistakes
  + stars: | 2023-10-02 | by ( Alex Morrell | Alex Nicoll | Bianca Chan | ) www.businessinsider.com   time to read: +19 min
Making mistakes doesn't feel great, but they can provide some lessons you might not have learned otherwise. We asked this year's rising stars of Wall Street to open up about the biggest missteps of their careers so far and what they took away from them. Some shared their rookie errors — like slamming their laptop shut after forgetting to save their first big pitch deck or duplicating a trade — while others gave more reflective answers about how early career mistakes impacted their paths. We've got to iterate and change how we do things, and I think that's helped our team's process a lot. So my mistakes also brought me here, and everything that has been a mistake is always a learning experience.
Persons: there's, Luis Arteaga, David Trinh, you'll, Michael Dunn Goekjian, Tori Gilliland, didn't, It's, Andrew Almeida, Thoma Bravo I've, I've, Nadim Laiwala, Rachel Hunter, Goldman, Kristen Powers, Morgan Stanley, Sarah Sigfusson, Shanta Wu, Fred Michel, who's, Morgan, Neil Kamath, Rachel Barry, Chris Dell'Amore, We've, that's, Peter Gylfe, Ricky Mewani, Dominic Rizzo, Rowe Price, Lillian Qian Lin, of, Steve Schwarzman, Peter Peterson, Stephen Schwarzman, Blackstone, Patrick McGoldrick, Katya Brozyna, Michael Wilkinson, Yi Yi, Wells, Luna McKeon, —, Anne, Victoire Auriault, Goldman Sachs Organizations: Barclays, Delta, Barclays Bridgewater Associates, Bridgewater Associates, Apollo Management, Thoma Bravo, Moelis, US, Bank of, Fidelity, JPMorgan, BlackRock Blackstone, Citadel, Blackstone, Jefferies, Citadel Securities, Blue Owl, Goldman Locations: Bank, Evercore, Wells, Americas
☆ European shares edge higher ahead of more Wall St earnings
  + stars: | 2023-04-17 | by ( Shubham Batra | ) www.reuters.com   time to read: +3 min
Rate-sensitive technology shares <.SX8P> fell 1.2% tracking overnight losses on Wall Street, while banking shares (.SX7P), which were the biggest gainers on Friday, fell 0.3% . Investors will closely monitor a slew of earnings reports led by Goldman Sachs (GS.N), Morgan Stanley (MS.N) and Bank of America (BAC.N) due later in the week. Last week, Citigroup Inc (C.N), JPMorgan Chase & Co (JPM.N) and Wells Fargo & Co (WFC.N) beat earnings expectations, benefiting from rising interest rates and easing fears of stress in the banking system. "Cautious optimism is the Monday motivation mantra, as stronger U.S. corporate news and signs of consumer resilience help to mask ongoing worries about the knock-on effect of higher interest rates," said Susannah Streeter, head of money and markets, Hargreaves Lansdown. Shares of Rovio (ROVIO.HE) rose 17.8% after Japan's Sega (6460.T) agreed to launch a 706 million euro offer for Angry Birds maker.
☆ Apollo sweetens bid for Britain's Wood Group with $2.1 bln offer
  + stars: | 2023-04-04 | by ( ) www.reuters.com   time to read: +1 min
SummarySummary Companies Wood privately rejected fourth offer - ApolloWood Group's shares down 2.2%April 4 (Reuters) - Private equity firm Apollo Management has made what it said was a final offer to buy John Wood Group (WG.L) for 1.66 billion pounds ($2.1 billion) in cash, after the British oilfield services and engineering firm rejected four earlier proposals. The 240 pence per share bid represents a premium of about 55% to Wood's closing share price on Feb. 22, the day before it made Apollo's proposals public. Apollo said Wood Group had privately rejected its previous offer of around 1.64 billion pounds, that the firm had made on March 6. Shares in London-listed Wood Group were down 2.2% at 200 pence at 1516 GMT, much lower than the possible offer price, indicating that investors do not expect the deal to go through. Wood separately said it noted the sweetened possible offer from Apollo for the company, and added it continues to engage with its shareholders.
☆ JPMorgan, PNC among suitors for SVB Financial in deal excluding SVB Bank - Axios
  + stars: | 2023-03-13 | by ( ) www.reuters.com   time to read: +1 min
March 13 (Reuters) - JPMorgan Chase & Co (JPM.N) and PNC Financial Service Group Inc (PNC.N) are among those in talks about acquiring SVB Financial Group (SIVB.O) in a deal that would exclude its commercial banking unit Silicon Valley Bank that is currently under U.S. control, Axios reported on Monday citing sources. Apollo Management (APO.N) and Morgan Stanley (MS.N) are also part of the discussions, Axios reported, adding Apollo was interested in financing a deal or acquiring some of the business. Reuters reported on Sunday that Silicon Valley Bank had received interest from PNC and Royal Bank of Canada (RY.TO) but that had cooled on Sunday as U.S. regulators invited bids for the failed lender. The U.S. Federal Deposit Insurance Corporation (FDIC) had given a Sunday afternoon deadline for bids for the failed Silicon Valley Bank, Reuters reported. Reporting by Lavanya Ahire in Bengaluru; Editing by Savio D'SouzaOur Standards: The Thomson Reuters Trust Principles.
☆ JPMorgan among suitors for SVB Financial in deal excluding SVB Bank- Axios
  + stars: | 2023-03-13 | by ( ) www.reuters.com   time to read: +1 min
March 13 (Reuters) - JPMorgan Chase & Co (JPM.N) is in talks to acquire SVB Financial Group (SIVB.O) in a deal that would exclude commercial banking unit Silicon Valley Bank, which is currently under U.S. control, Axios reported on Monday, citing sources. PNC Financial Services Group Inc (PNC.N), Apollo Management (APO.N) and Morgan Stanley (MS.N) are also in talks with the defunct lender, Axios reported, adding Apollo was interested in financing a deal or acquiring some of the business. A PNC spokesperson told Reuters that it was "not in talks to acquire SVB Financial or Silicon Valley Bank," while the other companies did not respond to requests for comment. Reuters reported on Sunday that Silicon Valley Bank had received interest from PNC and Royal Bank of Canada (RY.TO) but that had cooled on Sunday as U.S. regulators invited bids for the failed lender. The U.S. Federal Deposit Insurance Corporation (FDIC) had given a Sunday afternoon deadline for bids for the failed Silicon Valley Bank, Reuters reported.
☆ SVB is still looking for a buyer. Here is what we know so far.
  + stars: | 2023-03-13 | by ( Hayley Cuccinello | ) www.businessinsider.com   time to read: +5 min
The weekend came and went without a buyer for SVB Financial Group, the parent company of the failed Silicon Valley Bank. SVB Capital focuses on venture capital and credit investing and SVB Securities is its investment banking arm. Axios reported Monday morning that JPMorgan and PNC were in talks to acquire SVB Financial Group but not the failed commercial bank. SVB Securities, better known as SVB Leerink, the investment banking arm born out of SVB's 2018 acquisition of Leerink, is a very desirable business, he added. "SVB Leerink is a well-known name in the tech and healthcare space that will be attractive to someone," said Healy.
0 next >>
Total: 14