APO: Apollo Global Management, Inc.

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(Bloomberg) -- JPMorgan Chase & Co. bosses grew curious last summer as they clocked an unusual number of absences at the training sessions that kicked off their ultra-competitive junior analyst program.Most Read from BloombergSinger Akon’s Failed Futuristic City in Senegal Ends Up a $1 Billion ResortWhy Did Cars Get So Hard to See Out Of?Are Tourists Ruining Europe? How Locals Are Pushing BackCan Americans Just Stop Building New Highways?How German Cities Are Rethinking Women’s Safety — With Tax

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Barclays raised the firm’s price target on Apollo Global (APO) to $168 from $156 and keeps an Overweight rating on the shares. Heading into the Q2 reports for the brokers, asset managers and exchanges, the firm says trading activity was “generally robust” through the quarter. The Federal funds rate remains supportive for net interest income through the rest of the year, the analyst tells investors in a research note. Barclays sees the trading environment as “fairly robust.” Published first on Th

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Athene Holding Ltd. 6.35% Preferred Shares (ATH.PR.A) is a gem with strong yields, floating rate benefits, and solid backing by Apollo (APO). See more here.

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(Reuters) -President Donald Trump's antitrust enforcers recently cleared a string of multibillion-dollar deals in a week, demonstrating a willingness to settle with companies that marks a shift from the Biden administration. The U.S. Department of Justice's Antitrust Division and the U.S. Federal Trade Commission cleared three deals that were together worth $63 billion in June, illustrating how FTC Chairman Andrew Ferguson and DOJ antitrust head Gail Slater are taking a different tack from their predecessors. The settlements, along with a return to formally cutting short waiting periods, provide certainty to dealmakers and could smooth the path for companies like Nutella maker Ferrero, which on Thursday entered a deal to pay $3.1 billion for cereal maker WK Kellogg.

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Wolfspeed: The Wolf Is Shedding Its Debt, Not Its Teeth

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Financial planning conglomerate Cetera Financial Group Inc. is partnering with Wall Street heavyweights including Blackstone Inc. and Apollo Global Management Inc. to bring portfolios infused with private markets products to thousand of advisers. Bloomberg's Loukia Gyftopoulou has more on the story.