ARES Stock Recent News

Diversified asset manager Ares Management Corporation (ARES) is expected to show continued growing earnings, dividend.

Ares Management (ARES) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

YARDVILLE, N.J. & NEW YORK--(BUSINESS WIRE)--Certified Automotive Lease Corp ("CAL Automotive"), a wholly-owned subsidiary of Auto Lender's Liquidation Center, Inc. (“Auto Lenders”), and Ares Management Alternative Credit funds (“Ares”) announced today that CAL Automotive and Ares have entered a joint venture to purchase and invest up to $1.5 billion in prime new vehicle leases originated by CAL. With over 40 years of experience in the consumer vehicle leasing market, Auto Lenders launched CAL.

NEW YORK--(BUSINESS WIRE)--The Ares Charitable Foundation (the “Ares Foundation”), a 501(c)(3) qualifying organization sponsored by Ares Management Corporation (“Ares” or the “firm”) (NYSE: ARES), today announced the launch of a new initiative designed to support Latino entrepreneurs. Examining Latino Entrepreneurship for Value-Add to The Economy (“ELEVATE”) will focus on helping to overcome the barriers, challenges and vulnerabilities that Latino entrepreneurs – who are starting businesses at.

NEW YORK, NY / ACCESSWIRE / October 17, 2024 / Ares Management Corporation announced today that it has updated the time it will hold its earnings webcast/conference call for the third quarter ending September 30, 2024 to 9:00am ET on Friday, November 1, 2024. Ares Management Corporation will report its earnings for the third quarter ending September 30, 2024 earlier that morning, prior to the opening of the New York Stock Exchange.

Ares Management (ARES) stock has had a remarkable performance in the last decade, making it one of the best-performing companies in Wall Street. After launching an IPO at $10 in 2014, it has risen to a record  high of $160.

NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (“Ares” or the “Company”) (NYSE: ARES) today announced that it has priced an offering (the “Offering”) of $750,000,000 aggregate principal amount of its 5.600% Senior Notes due 2054 (the “notes”). The notes will be fully and unconditionally guaranteed by Ares Holdings L.P., Ares Management LLC, Ares Investments Holdings LLC, Ares Finance Co. LLC, Ares Finance Co. II LLC, Ares Finance Co. III LLC and Ares Finance Co. IV LLC. The Offering is.

ARES is set to acquire GCP Internation for roughly $3.7 billion to boost its position in the real estate sector and explore growth driven by secular tailwinds.

NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares”) announced today that it has entered into a definitive agreement to acquire the international business of GLP Capital Partners Limited and certain of its affiliates, excluding its operations in Greater China (“GCP International”), and existing capital commitments to certain managed funds, in a transaction valued at $3.7 billion. The consideration includes approximately $1.8 billion in cash and approximately $1.9 billion.

LOS ANGELES--(BUSINESS WIRE)--Automated Industrial Robotics Inc. (“AIR” or the “Company”) today announced the acquisition of Robotics & Drives (“RDS”), an Ireland-based industrial automation company focused on delivering innovative solutions through robotics technology. The transaction further reinforces AIR's presence in Europe, strengthens the Company's ability to integrate robotics solutions into its automated systems and adds to the product portfolio. The transaction was funded primaril.