Standard General and Apollo Global Management Inc (NYSE:APO) closed in on a $9-billion deal for television station owner Tegna Inc (NYSE:TGNA), New York…
Wells Fargo analyst Finian O'Shea initiates coverage on Apollo Global Management (NYSE:APO) with a Overweight rating and announces Price Target of $91.
When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.
What Happened? On Nov. 23, 1998, America Online acquired Netscape Communications for $4.2 billion.
Where The Market Was: The Dow Jones Industrial Average traded at 9,301.15 and the S&P 500 traded at 1,182.99.