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Market Wrap For April 9: Investors Breathe Sigh Of Relief Over Rate Worries
Wednesday, April 9, 2014 - 4:35pm | 2359U.S. stocks rose sharply after minutes from the Federal Reserve eased concerns over when the central bank would raise interest rates. The decision to let go of the 6.5 percent unemployment rate threshold for raising interest rates was finalized in early March. Additionally, the Fed's minutes...
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Apollo Looking For Quick Flip Of EP Energy As Energy IPO Flood Appears Imminent
Tuesday, June 25, 2013 - 3:30pm | 462EP Energy, the oil company bought by a consortium of private equity firms led by Apollo Global Management (NYSE: APO) less than a year ago could already be set to go public again. Sources close to Reuters claim that Apollo could look to cash in on high equity valuations after reporting a 20...