Apollo Management News
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Caesars Entertainment Corp., the largest owner of U.S. casinos, rose the most in almost two months after saying it may raise money by selling a stake in its online operation and two other properties.
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Tony Hall has set up Hall Commodities LLP with former colleague Arno Pilz five months after the pair left hedge fund Duet Commodities Fund Ltd.
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Apollo Management LP’s Mark Thompson, manager of its metals hedge fund in London, is leaving in June, according to a person familiar with the matter.
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Momentive Performance Materials Inc. and Momentive Specialty Chemicals Inc. , the chemical makers owned by Apollo Management LP, are planning to sell debt as the number of defaults on high-yield, high-risk bonds slides.
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Apollo Management LP is the leading candidate to buy Zale Corp.’s chain of mall-based jewelry kiosks called Piercing Pagoda, the Wall Street Journal said, citing unidentified people with knowledge of the negotiations.
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In 2001, power company executive Jeffrey Sprecher wandered the exhibits of the futures-trading industry’s annual convention in Boca Raton, Florida with an idea nobody wanted to hear.
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Cedar Fair LP , the operator of amusement parks that called off a takeover by an Apollo Management LP affiliate, is marketing debt as investors may regain their appetite for high-yield, high-risk bonds.
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Fidelity National Information Services Inc. , the payment-processor that private-equity firms including Blackstone Group LP sought to buy, is marketing debt after corporate bond sales fell to a six-week low.
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Cedar Fair Entertainment Co. , the operator of amusement parks, is marketing debt as investors pull the most money out of mutual funds specializing in high-yield, high-risk debt in five years.
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Bank of New York Mellon Corp. and federal prosecutors are close to settling some claims in a government lawsuit accusing the bank of overcharging customers for foreign-exchange trading, according to a court filing.
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