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Stock Market & Financial Investment News

News Breaks
November 29, 2012
09:27 EDTAAP, KKRAdvance Auto Parts sale unlikely, bids fail to meet expectations, Reuters says
According to sources, a sale of Advance Auto Parts is unlikely after private equity bids failed to meet company expectations, Reuters reports.
News For AAP;KKR From The Last 14 Days
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April 14, 2014
19:05 EDTAAPPep Boys falls after CEO says tire pricing to negatively impact revenue
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08:31 EDTKKRBlackstone and Goldman Sachs to acquire Ipreo from KKR
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07:20 EDTKKRKKR to sell Ipreo to Blackstone, Goldman Sachs for $975M, Financial Times says
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April 10, 2014
07:56 EDTAAPAdvance Auto Parts added to Best Ideas List at Wedbush
Wedbush added Advance Auto Parts to its Best Ideas List as the firm continues to believe that the company's acquisition of General Parts International will generate significantly greater synergies than expected. The firm also thinks the company could benefit from a hotter than normal summer, while its core business could be poised to rebound. The firm keeps a $150 price target and Outperform rating on the shares.
06:41 EDTKKRGo Daddy hires Morgan Stanley, JPMorgan for IPO, NY Times says
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April 8, 2014
07:56 EDTKKRKKR latest PE firm to increase focus on fast-growing tech, FT says
KKR (KKR), following in the recent steps of private equity peers Blackstone (BX), CVC Capital Partners and TPG, is bolstering its technology team and is considering a specialist fund to invest in fast-growing tech companies, reported Financial Times. Reference Link

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