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The 3 Best Growth Plays In Financial Services
Sunday, April 6, 2014 - 6:10pm | 821Read More...A new research report this past week from Bernstein Research touted private equity firms Apollo Global Management (NYSE: APO), Blackstone Group (NYSE: BX) and Kohlberg Kravis Roberts (NYSE: KKR) as the best pure-play growth stocks in the financial services sector. The analysts see significant...
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Earnings Expectations for the Week of July 22 (AAPL, GM, MCD, NFLX)
Monday, July 22, 2013 - 7:29am | 1274Read More...The earnings crunch continues this week. Reports are due from the likes of Apple (NASDAQ: AAPL), Caterpillar (NYSE: CAT) and General Motors (NYSE: GM), which are expected to say their earnings were lower than a year ago. On the other hand, Amazon.com (NASDAQ: AMZN), Facebook (NASDAQ: FB), Ford (...
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Top-Performing Dividend Payers in Finance with the Most Upside Potential (APO, AGO, FIG)
Saturday, June 8, 2013 - 12:46pm | 844Read More...It is not unusual for stocks on a tear to overrun their mean price targets, which is a signal of how far analysts on average expect the share price to climb. Some of the top-performing financial stocks over the past six months that pay dividends, such as CapLease (NYSE: LSE), NYSE Euronext (NYSE...
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Kohlberg Kravis Roberts Teams Up With Chesapeake Energy
Tuesday, March 6, 2012 - 10:12am | 259Read More...Kohlberg Kravis Roberts (K.K.R.) has teamed up with Chesapeake Energy (NYSE: CHK) in order to invest in oil and natural gas projects in the U.S. According to Dealbook, the companies will between them invest $250 million in the endeavor, and K.K.R. is providing 90% of the funding. CHK will source,...
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How Far Can A Dollar (General) Go These Days?
Tuesday, August 30, 2011 - 10:22am | 948Read More...Warren Buffett certainly knows a good thing when he sees it. When Buffett, 81, announced earlier in the month he had a position in Dollar General (NYSE: DG), many thought it was a shrew move. After today's earnings beat, it looks like an even shrewder move. The Goodlettsville, Tennessee-based...
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KKR Eyes Minority Stake in ING Direct USA
Thursday, June 9, 2011 - 9:11am | 213Read More...Leveraged-buyout company KKR (NYSE: KKR) is reportedly interested in acquiring a minority stake in Dutch lender ING Groep's (NYSE: ING) U.S. online bank, ING Direct USA. General Electric (NYSE: GE) and Capital One Financial (NYSE: COF) submitted their bids for the U.S. unit last week. GE has made...
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Carlyle Group to Take HCR ManorCare Public
Tuesday, June 7, 2011 - 10:32am | 170Read More...Reuters is reporting that private equity firm The Carlyle Group will soon take HCR ManorCare public in an offering that could raise as much as $500 million. The company is expected to file IPO registration paperwork with the U.S. Securities and Exchange Commission within the next month. The IPO...
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KKR Finds Cash Cow in Shale
Thursday, June 2, 2011 - 9:06am | 203Read More...Private equity firm KKR (NYSE: KKR) said Wednesday that Marathon Oil (NYSE: MRO) has agreed to pay $3.5 billion for its Eagle Ford Shale project in Texas, a joint venture between KKR and Hilcorp Energy. KKR will see $1.13 billion from the transaction, almost treble its investment of $400 million in...
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Del Monte Bought Out By Private Equity (DLM, KKR)
Friday, November 26, 2010 - 12:01pm | 161Read More...Del Monte Foods (NYSE: DLM) has agreed to be bought out by a consortium of private equity firms led by Kohlberg Kravis Roberts & Co. (NYSE:KKR). Vestar Capital Partners and Centerview Partners will also be participating in the deal which values the company at $19 per share. Under the terms of...
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Kohlberg Kravis Roberts To Raise New Fund
Friday, May 14, 2010 - 5:40pm | 147Read More...Private equity firm Kohlberg Kravis Roberts & Co said that it plans to raise a new private equity fund. KKR, however, refused to give any timeline for the fund's genesis. The firm also said that it still has $5 billion left from its previous fund raised in 2006. Scott Nuttall, a KKR executive,...
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Harley-Davidson (HOG) Up Nearly 7% On Takeover Rumors
Tuesday, March 16, 2010 - 7:04pm | 128Read More...Shares of Harley-Davidson, Inc. (NYSE: HOG) ended trading on Tuesday up nearly 7% fueled by takeover rumors. Rumors are circulating that private equity firm Kohlberg Kravis Roberts may be considering a takeover of the motorcycle manufacturer. Neither Kohlberg Kravis Roberts, nor Harley-Davidson,...
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Harley Davidson Pops On Takeover Talk (HOG)
Tuesday, March 16, 2010 - 11:44am | 72Read More...Shares of Harley Davidson (NYSE: HOG) are gaining on a rumor the iconic motorcycle maker may be the target of a leveraged buyout. Traders are citing market talk that private equity firm Kohlberg Kravis Roberts could be a potential bidder for Harley. A spokesperson for KKR said it is not their...
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KKR Financial Holdings LLC to Restructure its Capital Structure (KFN)
Tuesday, January 12, 2010 - 4:42pm | 102Read More...KKR Financial Holdings LLC (NYSE: KFN), a debt fund managed by private equity firm Kohlberg Kravis Roberts & Co, wants to sell off $125 million of convertible bonds. KKR intends to do this in order to repay or repurchase its existing senior debt as it is expected to report losses in the last...
