Leadership Appointments, Financial Results Release and Product Availability Announcements - Research Report on SEI, Eaton Vance, The Carlyle Group, IntercontinentalExchange, and Apollo Editor Note: For more information about this release, please scroll to bottom
NEW YORK, August 27, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting SEI Investments Co. (NASDAQ: SEIC), Eaton Vance Corp. (NYSE: EV), The Carlyle Group LP (NASDAQ: CG), IntercontinentalExchange, Inc. (NYSE: ICE), and Apollo Global Management, LLC (NYSE: APO). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
SEI Investments Co. Research Report
On August 15, 2013, SEI Investments Co. (SEI) announced that Craig Standen has been appointed as Director of Healthcare Advisory Services for SEI's Institutional Group. The Company stated that in his new role, Standen will look after investment strategy development and advice for SEI's institutional healthcare clients. SEI informed that prior to joining the Company, Craig worked for 16 years with Ziegler Investment Banking, and in his most recent role, he served as Director of Healthcare Finance. Commenting on the appointment, Al Pierce, Managing Director, Advice Team of SEI's Institutional group said, "SEI's outsourcing business continues to experience substantial growth among healthcare organizations, as finance executives seek more integrated strategies, and better outcomes and expertise from their investment partners. Craig's extensive investment knowledge and healthcare finance background will greatly benefit our healthcare relationships in meeting their investment and organizational goals." The Full Research Report on SEI Investments Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/d8c9_SEIC]
Eaton Vance Corp. Research Report
On August 21, 2013, Eaton Vance Corp. (Eaton Vance) released its Q3 FY 2013 (period ended July, 31, 2013) financial results. The Company reported an increase in revenue of 17.3% YoY and 5.6% QoQ to $350.4 million. Net income attributable to Eaton Vance shareholders was $23.2 million or $0.18 per diluted share, compared to $50.2 million or $0.43 per diluted share in Q3 FY 2012. According to Thomas E. Faust Jr. Chairman and CEO, "The $8.8 billion in net inflows in the third quarter of fiscal 2013 rank as the second highest quarterly total in Eaton Vance history. Our leading positions in floating-rate bank loans and implementation services propelled the Company to an outstanding growth quarter." The Full Research Report on Eaton Vance Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/18d2_EV ]
On August 20, 2013, The Carlyle Group LP (The Carlyle Group) announced that it has appointed Matthew J. O'Connor as Managing Director on the power investing team, and will join the Company in September 2013. According to The Carlyle Group, O'Connor will join Bob Mancini as co-head of the team, and will work out of Carlyle's Washington, DC and New York offices. Mr. O'Connor joins the Company from GE, where he held a variety of leadership positions over the last fourteen years. In May 2013, he was named as Executive Vice President, Financing Operations of GE Capital Aviation Services. Bob Mancini said, "We are excited to welcome Matt to the team. His experience in the power markets, as well as global lending and strategy across the energy markets adds important leadership depth and experience to our capabilities as we expand Carlyle's investment footprint in the power sector. We see remarkable opportunity in the electric power generation space in North America from both an M&A and development perspective and look forward to having Matt help lead the execution of our strategy. "The Full Research Report on The Carlyle Group LP - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/8526_CG]
IntercontinentalExchange, Inc. Research Report
On August 22, 2013, IntercontinentalExchange, Inc. (IntercontinentalExchange) announced that its post-trade workflow tool for the global credit default swap (CDS) market, ICE LINK, is now available on Cetip's bond trading platform, Cetip|Trader. IntercontinentalExchange stated that ICE Link provides operational efficiency to the post-trade workflow, making these activities faster, safer and more standardized. Carlos Ratto, Cetip's Commercial and Products Executive Officer of Securities and Marketing and Communications Executive Officer said, "A growing fixed income market requires evolution to become more responsive and efficient. Cetip, as a market integrator, is focused on providing solutions that meet the needs of the Brazilian market and contribute to gains in operational efficiency." The Full Research Report on IntercontinentalExchange, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/b2ba_ICE]
Apollo Global Management, LLC Research Report
On August 8, 2013, Apollo Global Management, LLC (Apollo) released its Q2 2013 financial results. The Company's consolidated total revenues increased 135.0% YoY to $497.3 million. Net income attributable to Apollo was $58.7 million, or $0.32 per diluted class A share, compared to net loss attributable to Apollo of $41.4 million or $0.38 per diluted class A share in Q2 2012. Leon Black, Chairman and CEO said, "Our results for the second quarter of 2013 reflect the continued strength of Apollo's integrated global platform and value-oriented investment approach." The Full Research Report on Apollo Global Management, LLC - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/0099_APO]
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