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Apollo Global Management

Intel just received more good news. Is the turnaround real?

Only one working day after The Wall Street Journal reported that Qualcomm was interested in buying Intel (NASDAQ:INTC)Today there is news of another interested party who is willing to pay billions for a share of the chip manufacturer. According to…

Intel shares rise after report on possible Apollo investment

Intel (INTC) stock jumped in early trading Monday after Bloomberg reported on a possible multibillion-dollar investment from Apollo Global Management. (Disclosure: Yahoo Finance is owned by Apollo Global Management.) The private equity firm would invest up to $5 billion in…

Intel receives billion-dollar Apollo offer while Qualcomm comes under fire

(Bloomberg) — Apollo Global Management Inc. has offered Intel Corp. a billion-dollar investment, people familiar with the matter said, signaling the chipmaker’s confidence in its turnaround strategy and offering an alternative to a potential takeover by larger rival Qualcomm Inc….

Stocks rise as US economy stands on ‘solid footing’: Markets Wrap

(Bloomberg) — U.S. stocks rose and Treasuries fell after data showed U.S. business activity is resilient even as growth slows, further fueling confidence that the world’s largest economy can pull off a soft landing. Most read by Bloomberg The S&P…

Intel shares rise after reports of possible Apollo investment

Intel (INTC) stock jumped in early trading Monday after Bloomberg reported on a possible multibillion-dollar investment from Apollo Global Management. (Disclosure: Yahoo Finance is owned by Apollo Global Management.) The private equity firm would invest up to $5 billion in…