Dow Jones Top Financial Services Headlines at 4 PM ET: Ares Capital's Buyout of Apollo's MidCap Financial Could Spark Wave of BDC Mergers | S&P ...
Ares Capital's Buyout of Apollo's MidCap Financial Could Spark Wave of BDC Mergers
Ares Capital is purchasing MidCap Financial Investment, which is run by an affiliate of Apollo Global Management. for $2.6 billion including debt.
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S&P Global Explores Potential Spinoff of Financial Data and AI Units
The provider of credit ratings, indices and data analytics posted third-quarter net income of $1.24 billion, or $4.25 a share, up from $1.18 billion, or $3.86 or a share, a year earlier.
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Janus Launches First Tokenized Fund Licensing the Nasdaq-100 Index
Nasdaq opened up licensing deals on its Big Tech benchmark to other money managers earlier this year.
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PayPal Lifts Full-Year Outlook, CEO Stresses Turnaround Plan
PayPal Holdings lifted its full-year outlook and reported higher revenue in the third quarter as the financial-technology company looks to persuade investors that it can grow and thrive as an independent entity.
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SoFi Lifts Outlook After Memberships and Lending Grow
The financial services company said it now expects to post adjusted earnings of 61 cents a share for 2026 with adjusted revenue anticipated at $5.04 billion.
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Robinhood Deepens Crypto Push Ahead of Earnings With Ripple Partnership
Robinhood said it would add Ripple's stablecoin as it expands its digital-asset offerings ahead of third-quarter earnings.
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Financial Services Roundup: Market Talk
Find insight on homebuyers, insurers, Paypal and more in the latest Market Talks covering Financial Services.
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Ares Private-Credit Fund to Buy Competitor From Apollo
The merger of the two business-development companies will boost Ares Capital Corp. to over $31 billion.
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Blackstone's Leaders Talk AI Risks as Concerns Rise
Analysts last week questioned the fund manager's executives about financing the data-center sector's breakneck expansion.
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Weil Gotshal Enlists Bankruptcy Lawyer, as Firm's Situation Worsens
After a marathon partners' meeting on Sunday, the law firm has tapped Davis Polk to advise on potential options.
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Eurozone Banks Report Declining Loan Demand, Tougher Conditions
A rise in the share of rejected loan applications during the quarter and declining demand for credit signal that interest rate rises were helping to cool activity.
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HSBC Profit Growth Misses, Plans $1 Billion Buyback
The London-based bank reported slower-than-expected quarterly profit growth, sending shares lower despite its announcement of a new share buyback of up to $1 billion.
(END) Dow Jones Newswires
October 27, 2026 16:15 ET (20:15 GMT)
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