American Express Global Business Travel Near $5.3B Merger Deal With Apollo SPAC
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| Company | Date | Price Target | Rating | Analyst |
|---|---|---|---|---|
| 11/19/2024 | $188.00 | Overweight | Piper Sandler | |
| 10/14/2024 | $265.00 → $300.00 | Buy | Monness Crespi & Hardt | |
| 10/8/2024 | $265.00 → $270.00 | Buy → Hold | HSBC Securities | |
| 10/8/2024 | $230.00 | Neutral → Sell | BTIG Research | |
| 10/7/2024 | $268.00 → $286.00 | Overweight → Neutral | JP Morgan | |
| 9/25/2024 | $139.00 | Outperform | Wolfe Research | |
| 9/12/2024 | $132.00 | Overweight | Wells Fargo | |
| 8/27/2024 | $153.00 | Buy | Redburn Atlantic |
LONDON, Nov. 21, 2024 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE:IGT) today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the "HSR Act"), in connection with the previously announced transaction (the "Proposed Transaction") whereby IGT's Gaming & Digital business ("IGT Gaming") and Everi Holdings Inc. (NYSE:EVRI) will be simultaneously acquired by a newly formed holding company owned by funds managed by affiliates of Apollo Global Management, Inc. (NYSE:APO). IGT) is a global leader in gaming. We deliver entertaining and responsi
Addition of high-volume call answering capabilities bolsters Message Broadcast's customer engagement software portfolio for the utility sector Message Broadcast, a leading provider of customer engagement software for the electric utility industry, has acquired the utilities business from West Technology Group's CX360 division ("West Utilities"). Following the previously announced acquisitions of AGENT511 and i2sms, this transaction reflects Message Broadcast's commitment to building, acquiring, and integrating the best customer engagement solutions, purpose-built for the utility industry. The terms of the transaction were not disclosed. Since 1989, utilities have relied on the call over
NEW YORK, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE:APO) today announced that funds associated with its Impact and Clean Transition strategies (the "Apollo Funds") have acquired a majority stake in The State Group ("TSG" or the "Company") from Blue Wolf Capital ("Blue Wolf"). Blue Wolf will retain a minority stake in the business, alongside existing management shareholders. Established in 1961, TSG is a leading provider of electrical, mechanical, robotics and automation services, with a strong presence across industrial end markets. TSG executes complex projects at facilities from newbuild to ongoing maintenance and retrofit with decades-long customer relationships across key mar
Mubadala and Athene to Participate as Apollo Strategic Partner and Affiliate, Respectively Citi & Apollo Private Credit, Direct Lending Program Marks Largest Relationship of its Kind Citigroup Inc. (NYSE:C) and Apollo (NYSE:APO) today announced that they have entered into an exclusive agreement for a subsidiary of Citi and certain affiliates of Apollo to form a landmark $25 billion private credit, direct lending program initially in North America, with the potential to expand to additional geographies. The program will include participation from Mubadala Investment Company as Apollo's strategic partner as well as Apollo's subsidiary, Athene, both of which will have the opportunity to join
NEW YORK, July 23, 2024 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600: Avantor Inc. (NYSE:AVTR) will replace QuidelOrtho Corp. (NASD:QDEL) in the S&P MidCap 400, and QuidelOrtho will replace Hibbett Inc. (NASD:HIBB) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, July 26. JD Sports Fashion Plc (XLON: JD) is acquiring Hibbett in a deal expected to close soon pending final closing conditions.Schneider National Inc. (NYSE:SNDR) will replace U.S. Silica Holdings Inc. (NYSE:SLCA) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, July 31. Apollo Global Management Inc. (NYS
FundingShield is pleased to announce that John Hedlund has joined its advisory board. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240429549545/en/John Hedlund - Advisor to FundingShield (Graphic: Business Wire) John Hedlund, founder of Adanac Advisory Group (AAG), a boutique advisory and consulting firm, recently retired from AmeriHome Mortgage, a Western Alliance Bank Company where John was Chief Operating Officer and Managing Director. John was one of the original founders (2013) of AmeriHome and helped lead the sale to Western Alliance Bank in 2021. AmeriHome quickly grew from inception to become the 2nd largest Correspond
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Piper Sandler initiated coverage of Apollo Global Management with a rating of Overweight and set a new price target of $188.00
Monness Crespi & Hardt reiterated coverage of American Express with a rating of Buy and set a new price target of $300.00 from $265.00 previously
HSBC Securities downgraded American Express from Buy to Hold and set a new price target of $270.00 from $265.00 previously
Apollo Global Management is acquiring U.S. Silica Holdings in a deal expected to close soon pending final closing conditions.
Financial giants have made a conspicuous bearish move on American Express. Our analysis of options history for American Express (NYSE:AXP) revealed 10 unusual trades. Delving into the details, we found 0% of traders were bullish, while 100% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $286,350, and 8 were calls, valued at $324,889. Expected Price Movements After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $220.0 and $280.0 for American Express, spanning the last three months. Volume & Open Interest Development In terms of liquidity and interest, the mean open inte
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Addition of high-volume call answering capabilities bolsters Message Broadcast's customer engagement software portfolio for the utility sector Message Broadcast, a leading provider of customer engagement software for the electric utility industry, has acquired the utilities business from West Technology Group's CX360 division ("West Utilities"). Following the previously announced acquisitions of AGENT511 and i2sms, this transaction reflects Message Broadcast's commitment to building, acquiring, and integrating the best customer engagement solutions, purpose-built for the utility industry. The terms of the transaction were not disclosed. Since 1989, utilities have relied on the call over
NEW YORK, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE:APO) (together with its consolidated subsidiaries, "Apollo") today reported results for the third quarter ended September 30, 2024. Marc Rowan, Chief Executive Officer at Apollo said, "Our strong third quarter results reflect broad-based momentum across the platform. We are building a next-generation financial services business uniquely positioned to win across massive market opportunities, and we are excited to execute on the attractive growth plan unveiled at our recent Investor Day." Apollo issued a full detailed presentation of its third quarter ended September 30, 2024 results, which can be viewed o
The Board of Directors of American Express Company (NYSE:AXP) declared a quarterly dividend on the Company's 3.550% Fixed Rate Reset Noncumulative Preferred Shares, Series D, of $8,973.61 per share (which is equivalent to $8.97361 per related Depositary Share). The dividend is payable on December 16, 2024 to shareholders of record on December 1, 2024. ABOUT AMERICAN EXPRESS American Express is a globally integrated payments company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at americanexpress.com and connect with us on facebook.com/americanexpress, instagram.com/americanexpress, linkedin.com/company/amer
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4 - AMERICAN EXPRESS CO (0000004962) (Issuer)
4 - AMERICAN EXPRESS CO (0000004962) (Issuer)