Peter Appert

Apollo Jumps as Sales, Profit Beat Analysts’ Estimates

Apollo Group Inc., the largest U.S. for-profit college chain, rose the most in almost four months as second-quarter profit and sales topped analysts’ estimates, even as enrollment fell.

McGraw Fighting U.S. Justice Recalls AmEx Battle for Company

After 30-year-old Harold W. “Terry” McGraw III helped his father fend off a hostile takeover from American Express Co. more than three decades ago, McGraw-Hill Cos. shareholders were rewarded with an 11 percent annualized return through 2012.

S&P Lawsuit Undermined by SEC Rules That Impede Competition

The U.S. lawsuit against Standard & Poor’s raises pressure to accelerate competition in the ratings industry while the government itself has adopted rules that left the business dominated by the same companies whose flawed grades sparked the worst financial crisis since the Great Depression.

McGraw-Hill Facing Fraud Lawsuit Reports S&P Sales at Record

McGraw-Hill Cos., accused by the U.S. of misleading investors about the risks of mortgage bonds that helped ignite the credit crisis, reported the highest sales at its Standard & Poor’s unit since at least 2010, while posting a net loss because of the divestiture of its education unit.

Buy McGraw-Hill Stock After Lawsuit Plunge, Analyst Says

Investors should buy stock in McGraw- Hill Cos., owner of Standard & Poor’s, as the risk posed by the U.S. lawsuit against the credit-rating company is manageable, according to Peter Appert, an analyst at Piper Jaffray & Co.

McGraw-Hill First-Quarter Net Income Rises on Demand for Credit Ratings

McGraw-Hill Cos ., the publisher and provider of financial data, said first-quarter profit rose on demand for bond ratings from its Standard & Poor’s unit.

Moody's to Raise Rating Fees to Offset New Rule Costs, Piper Jaffray Says

Moody’s Corp. plans to raise prices to grade debt by about 5 percent to offset increased regulatory and compliance costs, according to Piper Jaffray & Co.

European Ratings Rules Won’t Alter Industry, Piper Jaffray Says

The new credit-rating rules that European Union lawmakers are debating won’t dent the industry’s profits, according to Peter Appert, an analyst at Piper Jaffray & Co. in San Francisco.

McGraw-Hill Profit Rises on Demand for Credit Ratings, Funds

McGraw-Hill Cos., the finance and publishing company that’s splitting in two, said first-quarter profit rose 2.5 percent on increased demand for Standard & Poor’s credit-ratings and index funds.

McGraw-Hill, Moody’s Risks Rise After S&P Cut: Chart of the Day

Standard & Poor’s increased the risk of investing in the bond-rating service’s owner and its biggest competitor by taking away the U.S.’s AAA designation, according to Peter Appert, a Piper Jaffray & Co. analyst.

"We want to be more bullish on Apollo shares given a historically low valuation."

- Peter Appert on Mar 25, 2013

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Yen Rises With Swiss Franc on Global Growth Concern

Billionaire The Ning King Emerges on Indonesian Property

Cameron Calls Terror Killing ‘Betrayal of Islam’

Stocks Slump With Metals on China Data as Yen Strengthens

Gold Gains on Demand for Protection as Stocks Drop on China PMI