New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 15, 2014
07:26 EDTAPO, KKRApollo, KKR downgraded to Market Perform at Wells Fargo
Wells Fargo downgraded both Apollo Global (APO) and KKR (KKR) to Market Perform from Outperform saying it sees "considerable downside risk" to earnings as incentives go away. Wells believes business conditions have been near ideal for private equity firms over the last five years, and it expects some reversion to the mean going forward as the latter stages of the credit cycle approaches, reducing incentives and distributions. Wells lowered its price target range for Apollo to $21-$25 from $27-$30 and for KKR to $22-$25 from $27-$30.
News For APO;KKR From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 30, 2014
06:40 EDTAPOApollo Global reports Q3 EPS (5c), may not compare to consensus 38c
Reports Q3 revenue $221.14M, consensus $394.57M. Reports Q3 total Assets Under Managemnt $163.9B, up 45% vs. a year ago. Reports Q3 ENI after taxes 12c per share.
October 29, 2014
12:59 EDTAPO, KKRPrivate equity firms preparing initial bids for PetSmart auction, WSJ says
Private equity firms including Apollo Global Management (APO), Hellman & Friedman and KKR (KKR) are said to be preparing initial bids for pet-supply retailer PetSmart (PETM), says the Wall Street Journal. PetSmart which is based in Phoenix and has around 1,350 stores has a market capitalization of around $7B, added the Wall Street Journal. Shares of PetSmart are up almost 3% or $1.98, to $72.06 in midday trading. Reference Link
October 28, 2014
16:35 EDTKKRKKR partners to develop the east Texas Eaglebine
KKR (KKR) announced an investment in which KKR has become a non-operated working interest partner with Anadarko Petroleum Corporation (APC) in the development of Anadarko’s acreage in the Eaglebine play located primarily in Brazos, Burleson, and Robertson Counties, Texas. Through long-term, full field development, KKR expects to participate in more than 500 future horizontal wells. This is KKR’s first investment with Anadarko and first investment in the Eaglebine formation. The Eaglebine is an extension of the South Texas Eagle Ford shale into East Texas.
October 24, 2014
08:06 EDTAPOExpress Energy Services agrees to be acquired by Apollo Funds
Subscribe for More Information
October 23, 2014
08:04 EDTKKRKKR reports Q3 adjusted ENI 50c, consensus 44c
Subscribe for More Information
06:16 EDTKKRPetSmart attracts interest from KKR, NY Post reports
Subscribe for More Information
October 22, 2014
13:37 EDTKKRPE firms may bid on Bayer's MaterialScience unit, Reuters says
Subscribe for More Information
October 17, 2014
06:40 EDTKKRSysco aiming for asset sales to help complete US Foods deal, Reuters says
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use