Apollo's third-quarter profit rises 12%, exceeds estimates [Yahoo! Finance Canada]
Barnes Group, Inc. (B)
Last barnes group, inc. earnings: 4/24 06:30 am
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Source: Yahoo! Finance Canada
in third-quarter profit on Tuesday, driven by gains from its retirement business and an uptick in revenue generated from fees. The New York-based investor in private equity and corporate credit reported $856 million in income from its retirement business, marking its second-highest quarterly total for this category. The firm benefited from demand for its products such as private credit as the U.S. Federal Reserve started easing policy rates, but remains restrictive to economic growth. Alternative investment firms such as Apollo have been taking advantage of demand for capital from companies that banks find too risky to serve. Apollo said origination volumes, including in debt, credit and equity, reached $62 billion, a record for a quarter. The firm also raised new money, including from individual investors who have been eager to get a piece of the private credit market. The New York-based investor in private equity and corporate credit posted adjusted net income of $1.13 bil
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B
News
- Barnes Group Inc. (NYSE: B) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Barnes Group Inc. (NYSE: B) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- BARNES GROUP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Barnes Group Inc. - BBusiness Wire
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates B, FLIC, RVNC on Behalf of ShareholdersGlobeNewswire
- Sectra's six-month interim report 2024/2025: Order bookings at a record highPR Newswire
B
Earnings
- 10/25/24 - Miss
B
Sec Filings
- 1/3/25 - Form 4
- 12/31/24 - Form 6-K
- 12/30/24 - Form DEFA14A
- B's page on the SEC website