Apollo Investor Revolt Swells Over Black’s Epstein Ties

(Bloomberg) — It keeps getting worse for Leon Black.Over the past week, Black’s giant investment firm, Apollo Global Management Inc., has confronted one question after another about his decades-long relationship with convicted sex offender Jeffrey Epstein.First, his own board ordered an external review prompted by Black himself. Then a Pennsylvania pension fund paused new investments…

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Southwest Airlines Co. (NYSE:LUV) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Southwest Airlines Co. (NYSE:LUV) just released its quarterly report and things are looking bullish. Revenues and losses per share both beat expectations, with revenues of US$1.8b leading estimates by 5.1%. Statutory losses were somewhat smaller thanthe analysts expected, coming in at US$1.96 per share. Following the result, the analysts have updated their earnings model, and…

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