UPDATE: Apollo Global Posts Higher Q4 Profit
Posted on February 08, 2013 at 08:19 AM EST
Apollo Global Management LLC (NYSE: APO ) reported a rise in its fourth-quarter profit. Apollo Global's quarterly profit surged to $171.5 million, or $1.12 per Class A share, up from $10.9 million, or $0.05 per Class A share, in the year-ago period. Its economic net income came in at