Company: Apollo Group Inc

Stocks logged a gain Tuesday despite mixed economic reports, with the Dow finishing above 13,000 for the first time since May 2008 and the S&P closing at its best level in almost four years.

Corporations hold large amounts of cash for a variety of reasons, including speculation on the price of assets, corporate acquisitions, future investments or even as a precaution against market uncertainty.

The co-founder of Blackstone Group LP is set to receive at least $120.6 million from his part ownership of the company, much of which comes from client fees.