NEW YORK, May 6- Apollo Global Management LLC reported a 72 percent increase in first-quarter profit per share, its best quarterly results as a publicly listed alternative asset manager, as it took advantage of favorable capital markets to exit investments.
Treasury Secretary Jack Lew will meet with Wall Street and business executives in New York on Thursday evening to discuss issues, including how to strengthen the U.S. economic recovery and further reduce the deficit, an official said.
*Q4 after-tax ENI per share $1.69 vs Street view of $1.05. Apollo's private equity business was boosted by the sale of stakes in chemical producer LyondellBasell Industries NV and cable operator Charter Communications Inc, as well as a special dividend from LyondellBasell.
NEW YORK, Jan 29- Private equity firms Apollo Global Management LLC and C. Dean Metropoulos& Co are near a deal to buy snack cake brands including Hostess Twinkies and Donettes, two sources familiar with the matter said on Tuesday.
Jan 22- Liberty Media Corp, now in full control of Sirius XM Radio Inc, has gone ahead with its plans to replace the satellite radio provider's board by adding three of its own insiders. Three board members- Leon Black, Lawrence Gilberti and Jack Shaw- will leave, Sirius XM said in a statement on Tuesday.
DuckDuckGo CEO Gabriel Weinberg says web traffic on his search engine, billed as an alternative to Google that doesn't store your private information, surged 33 percent after the NSA news broke. Weinberg discusses the model of his search engine, and how the company makes money.
Wednesday, 19 Jun 2013 | 6:31 AM ETJohn Silvia, Wells Fargo Securities, and Barbara Marcin, Gabelli Dividend Income Fund, discuss whether investors should reconsider allocating their portfolios as the Fed wraps up its two-day policy meeting.
Wednesday, 19 Jun 2013 | 8:53 AM ETKen Langone, Invemed Associates chairman and president, called Fed Chairman Ben Bernanke a "lame duck."